THONG GUAN INDUSTRIES BHD

KLSE (MYR): TGUAN (7034)

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Last Price

1.53

Today's Change

-0.01 (0.65%)

Day's Change

1.53 - 1.54

Trading Volume

252,900


14 people like this.

6,719 comment(s). Last comment by jeffrey1166 3 days ago

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-17 11:47 | Report Abuse

i got info from my dealer, if you didnt get your form by 19/9/14,
Pls call the registrar AGRITEUM Share Registration Services Sdn Bhd
2nd Floor, Wisma Penang Garden
42 Jalan Sultan Ahmad Shah
10050 Penang

Telephone No.: 04 - 228 2321
Fax No.: 04 - 227 2391

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-18 09:04 | Report Abuse

bad timing!

joerakmo

725 posts

Posted by joerakmo > 2014-09-18 09:14 | Report Abuse

Loan Rights listed today

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-18 10:14 | Report Abuse

like i predicted, same like BONIA, after rights.. all went down... aiks

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-18 10:15 | Report Abuse

but ICULS is another or this LR?

member41

3,718 posts

Posted by member41 > 2014-09-18 10:47 | Report Abuse

LR + $1 become Iculs and half WA i believe

boonchai

108 posts

Posted by boonchai > 2014-09-18 13:14 | Report Abuse

altenatively, TGUAN-NPA & RSF Form.pdf can also download from here, http://www.bursamalaysia.com/market/listed-companies/company-announcements/1741229

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-18 13:50 | Report Abuse

how to make sure correct entitlements?

joerakmo

725 posts

Posted by joerakmo > 2014-09-18 13:59 | Report Abuse

see it in your cds a/c

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-18 14:13 | Report Abuse

if i have mother 1500 units, LR 750 units, means i can buy 750 ICULS right? then get free 750/2 free warrants.
Terms: THE BASIS OF ONE (1) RM1.00 NOMINAL VALUE OF ICULS FOR EVERY TWO (2) ORDINARY SHARES OF RM1.00 EACH

correct me if im wrong

joerakmo

725 posts

Posted by joerakmo > 2014-09-18 15:34 | Report Abuse

yes but you have odd lot

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-18 15:37 | Report Abuse

i have a lot but dump 1 day before and leave 1500 only.. i prefer buy later as normally after ex, all go down very much (not because of the re-adjust price) but no buying power. planned to buy ICUL later as fresh

joerakmo

725 posts

Posted by joerakmo > 2014-09-18 16:41 | Report Abuse

if you are gutsy sell mother buy LR...small discount

xcu843

1,062 posts

Posted by xcu843 > 2014-09-18 19:25 | Report Abuse

What is fair value can buy?

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-19 08:59 | Report Abuse

both down these days.. what is the bottom? i think this will be better questions...

joerakmo

725 posts

Posted by joerakmo > 2014-09-19 09:06 | Report Abuse

If LR goes below Rm1.00 would it not be a buy???

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-19 09:22 | Report Abuse

have a look on bonia as example, high TP before issue rights, bonus then.. where is now? need to find the bottom lo...

Posted by yeapmarghee > 2014-09-21 16:39 | Report Abuse

I have not yet received right issue entitlement form. How to apply while exp date was 19.9.14 Pls advise.

joerakmo

725 posts

Posted by joerakmo > 2014-09-22 08:56 | Report Abuse

Even if you buy lottery you would want to check result....please read announcements!!!

Posted by chengcheekaan > 2014-09-22 11:22 | Report Abuse

I'd never fill in any form but the LR appear in my portfolio without any cost. What's happening?

Posted by Intelligent Investor > 2014-09-22 14:54 | Report Abuse

1 LR + RM1 = 1 ICULS + 0.5 Warrant (exercise price 1.50) and you can convert ICULS to TGUAN after 2 year (if you wish to do so)

While, we need to take note:
- ICULS only entitle to a 5% interest and you can't convert to mother share for the first two years.
- ICULS bear less risk than mother share

TGUAN-LR should worth 2.2 + 0.5 * (2.2 - 1.50) - 1 = 1.55.

Based on above. Yes. I agree with joerakmo. The LR is a better buy. And, I have swap my TGUAN share to LR.

Posted by Intelligent Investor > 2014-09-22 14:55 | Report Abuse

Hi chengcheekaan,

You still need to pay RM1 for each LR in order to convert it to 1 ICULS and 0.5 warrant.

Do read http://www.bursamalaysia.com/market/listed-companies/company-announcements/1741229 or contact your broker to pay for your right issue if you are holding the LR.

joerakmo

725 posts

Posted by joerakmo > 2014-09-22 15:57 | Report Abuse

Intelligent Investor:That is awfully nice of you....cheers

Posted by Intelligent Investor > 2014-09-22 16:44 | Report Abuse

You are welcome.

Current TGUAN price is 2.26

TGUAN-LR should worth 2.26 + 0.5 * (2.25 - 1.50) - 1 = 1.64

I will buy more LR as this provide me an opportunities to buy TGUAN in a great discount.

joerakmo

725 posts

Posted by joerakmo > 2014-09-22 19:55 | Report Abuse

implied cost of warrant at todays close =34cent versus expected price +-74cent approx 9% return for this exercise in about 1.5mths....

joerakmo

725 posts

Posted by joerakmo > 2014-09-22 19:58 | Report Abuse

i3i2i1:hope you are reading this.....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-22 21:21 | Report Abuse

Tq Joe, busy... No time to monitor this week but I called and submitted ICULS + extra application :) saw today Tguan is up :)

felixfoo

72 posts

Posted by felixfoo > 2014-09-23 22:33 | Report Abuse

i wan to ask if number of right iculs with warrants accepted is only the number of right inculs or the number right inculs plus the warrant?

joerakmo

725 posts

Posted by joerakmo > 2014-09-23 23:08 | Report Abuse

warrant is the 'sweet' when you take up iculs

damagpie

281 posts

Posted by damagpie > 2014-09-24 01:13 | Report Abuse

The iculs can be converted after 2nd anniversary by paying RM1 + half a warrant is that correct?

member41

3,718 posts

Posted by member41 > 2014-09-24 07:03 | Report Abuse

U pay the $1 on top of your LR purchase price. Conversion to mum later on after 2nd year is up to u and at no cost.

xncziyi44

124 posts

Posted by xncziyi44 > 2014-09-25 13:49 | Report Abuse

much competition in flexible plastic packaging scientex also investing heavy in cast wrap machines. surprise mal. can compete in this area manu.who is better prepared?

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-09-29 09:46 | Report Abuse

still good fundamental on this counter? any one have any review or research after the rights?

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-10-02 09:15 | Report Abuse

watch out below 2.2, 2.17, 2.11

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-10-02 17:21 | Report Abuse

2.17 touched, if broken, next 2.11 :(

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-10-03 09:41 | Report Abuse

today must green! tguan too low already

joerakmo

725 posts

Posted by joerakmo > 2014-10-13 22:36 | Report Abuse

Oil price down -plastic packaging more profits

Posted by cruger12345 > 2014-10-15 15:22 | Report Abuse

Sold Tguan 2.07 and buy Tguan-LA 1.85 , you are making a theoritical profit of 0.22 for there is no cash conversion of Tguan-LA to Tguan after 2 yeras. it is insane to sell Tguan-LA to by Tguan Wa at this point of time ...

yanxuan8

427 posts

Posted by yanxuan8 > 2014-10-15 21:59 | Report Abuse

Better keep the TGUAN-WA, only 20.5M units, minus the major shareholder's portion, only about 11.0M in the market. Right now, only premium of 14%, cheap!

pradeep

1,324 posts

Posted by pradeep > 2014-10-16 18:10 | Report Abuse

Corporate exercise over be alert may fall over market sentiment also not good

tjhldg

27,218 posts

Posted by tjhldg > 2014-10-22 17:51 | Report Abuse

i m innnnnnnnnnnnn

tjhldg

27,218 posts

Posted by tjhldg > 2014-10-24 00:43 | Report Abuse

kikikikiii

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-10-27 14:56 | Report Abuse

1.99 best price?

tjhldg

27,218 posts

Posted by tjhldg > 2014-11-02 20:23 | Report Abuse

just buy la :) ... ok aeh this .. and can consider warrant juga ... 2 centsss

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-11-13 08:52 | Report Abuse

selling tguan.... but may be change to wa

GGmalaysia

334 posts

Posted by GGmalaysia > 2014-11-13 23:38 | Report Abuse

someone is cooking this up. huat ah

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-11-14 08:56 | Report Abuse

resistance 2.13.. why you say someone cooking up?

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