The recent plummet in price is possibly due to following reasons:-
1) Covid-19 cases spiked again recently which triggers anxiety
2) Quarter Result for 1 Jan 2021 till 31 Mar 2021 is going to be released soon and Syndicates plan to press down the price to collect cheap tickets from panic sellers.
I still believe the price will go up eventually. If you are worried, you may get rid of the screen and do not look at the price frequently.
Can't you people see the buying and selling behaviours?
It is up down up down and purpose pushing down to RM2.41 just now to trigger anxiety. Syndicates might be successful already in collecting more tickets and now the price is going up gradually at RM2.47 (at 12.30 PM).
Good jobs Syndicates!
Eliminate those who is weak in trusting TGuan.
Those who are keen and strong believer in Tguan, you will be making good money in long run.
@TheGardener, since you are not confident, why you will appear ONLY when the price plummets and when the price spiked that time, you keep quiet? If not keen for this stocks, why keep on coming here and make negative comments without substance!
Hi all, I do changes my holding - short / medium or long. if i spotted a more potential counter. Becos Im just a small partimer retailer only with limited funds ma.
I have already sent my questions to the moderator, Shane. My questions are valid to our investment. My questions are as follows:-
Hi Shane,
As a minority shareholder, I would be very caring about the future growth and development of Thong Guan as well as challenges faced by Thong Guan and how the top management face the challenge and turn the challenges into opportunities for growth.
Can you help me to convey my questions to Mr. Alvin Ang?
Q1) Is there any plan for Thong Guan Group to undergo internal reorganisation so as to spin off its food and beverages ("F&B") business segment into a separate listed entity?
As a shareholder, I believe that my thought above is meant to unlock the values of two different business segments separately to achieve the best return and to maximise the efficiency in resources allocation.
Q2) In view of the political unrest in Myanmar, how badly is Thong Guan hit by the disruption and what is the amount of cash flow being locked? What is the plan of Thong Guan?
Q3) Due to recent announcement of MCO again, what do you think can Thong Guan position itself to turn the threats into opportunity?
Q4) In future, what other business will Thong Guan look venture into, since changes is inevitable?
Q5) What is the status of the plant expansion in Sungai Petani?
The Moderator of the Webinar, Shane Choo is my friend and he will ensure my questions will be addressed by Alvin Ang.
I will update everyone on the status from time to time as I will definitely attend the Webinar and will clarify with Alvin on the status of TGuan.
Either you are investing in TGUAN for short, mid or long term, TGUAN is undoubtedly a good counter and hold for Long Term is not an issue at all.
TOMORROW, I do not worry about the sudden plummet of share price due to MCO 3.0 because Bursa Malaysia Investors are very sentimental. Most investors do not think before taking action and they are very emotional.
Do not worry! The usage or utilisation of plastic products will increase significantly as dine-in is not allowed and more take away of food which will mean more utilisation of plastic
Good for Thong Guan!
Thong Guan price will be skyrocketing soon due to:-
1) Positive news updated from Mr. Alvin Ang 2) Increase utilisation of plastics and products of Tguan 3) Potentially good Quarter Result which will be released around mid of May 2021 (Please refer to SLP Resources as a sample) 4) Potentially more and more dividends will be declared (same like last year) - Marathon in Dividends
My gang and I will still hold Tguan and will not sell at this juncture.
Disclaimer: Buy or Hold or Sell at your own discretion. This is not an advice but just a sharing of my idea.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
auditorandconsultant
827 posts
Posted by auditorandconsultant > 2021-05-06 09:35 | Report Abuse
Probably due to QR result is out soon.
Hold tight