I like BPPLAS with consistent making profit and dividend payout. The current price still look cheap with expected growing profit.
Now the market is "goreng" packaging stock, I hope the next turn will be BPPLAS.
Introduction:
BP Plastics Holding Bhd, an investment holding company, is engaged in the manufacture and trading of plastic products to the garment and textile industries in Malaysia. The company's products include cast stretch films; lamination films; LDPE shrink films/bags; agriculture, construction film, and pallet cover and air cargo sheet; polyethylene and polypropylene garment packaging bags, and special slope cutting hanger hole polybag; UV protection and anti-static polybag; heavy duty sack; and industrial jumbo bag liners. It offers cast stretch film and plastic bags for industrial, commercial, logistic, and warehousing usage. The company was founded in 1990 and is based in Batu Pahat, Malaysia.
The cost control very efficient as you can see the revenue is lower, but the profit is growing.
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