Tat Seng Packaging Group Ltd (T12.SI) is one of Singapore’s leading manufacturer of corrugated paper packaging. The company designs and manufactures products for a wide range of industries such as food and beverage, electronics and electrical, pharmaceutical and chemical, plastic and metal stamping as well as other export-related industries. Continue reading “Tat Seng Packaging – Now a Buy?”
Category: General Industrials
UPA Corporation – Great Valuation with Uncertain Outlook
UPA Corporation Bhd (7757.KL) is a manufacturer of paper and plastic products. The company is also trading printing and binding machines. The paper-based products, which includes notebooks, diaries, calendars, and fine stationery, accounts for 41% of the company’s revenues. Continue reading “UPA Corporation – Great Valuation with Uncertain Outlook”
Tat Seng Packaging – Still a Bargain
Tat Seng Packaging Group Ltd (T12.SI) value has increased 50% since our first recommendation last year in June. The manufacturer of corrugated paper products and packaging is also part of our model portfolio. With a market cap of 70m USD, Tat Seng Packaging is only a relatively small player. However, the well-managed company has consistently surprised with positive results over the past five years and shows strong financials. EPS grew by 27% over the last five years, a rate well above industry average. Continue reading “Tat Seng Packaging – Still a Bargain”
Zhengye International – Strong Profitability Improvements Likely
Zhengye International Holdings Co Ltd (3363.HK) is one of the largest paper-based packaging production companies in China. The company produces corrugated cardboard cartons, honeycomb paper-based products, and high-strength corrugated medium paper. The products are sold as packaging products to manufacturers of air conditioners, small household appliances, food condiments, and others. Continue reading “Zhengye International – Strong Profitability Improvements Likely”
Noble Group – 5 Signs for a Turnaround
A year ago we have already commented on the battered Noble Group Ltd (N21.SI) in our blog post: Noble Group – Commodities aren’t Sexy at the Moment. Noble Group, which is named after the famous Hong Kong novel by James Clavell, was once a shining star and Asia’s biggest commodities house by revenue. Continue reading “Noble Group – 5 Signs for a Turnaround”
Tat Seng Packaging – A Company Warren Buffett Would Like
Tat Seng Packaging Group Limited (T12.SI) is one of Singapore’s leading manufacturers of corrugated paper packaging products. With two production facilities in Singapore and five more in China, Tat Seng Packaging serves a broad range of industries. Continue reading “Tat Seng Packaging – A Company Warren Buffett Would Like”