Well i thought everyone say tguan is strong and what so ever ......i might think the same ....things not happen to be ..wait next year see how....but then i leave this counter for a while ....no more skyrocket or what so ever lor ... end game for thong guan
Ppl nowadays judge a stock based on price movement only, they never really interested in what the business is about, as long as can goreng to limit up then is good stock. But ironically, we never see these ikan bilis can become millionaire also lol, some even burn their hand then only say the company is shit.
Ppl nowadays judge a stock based on price movement only, they never really interested in what the business is about, as long as can goreng to limit up then is good stock. But ironically, we never see these ikan bilis can become millionaire also lol, some even burn their hand then only say the company is shit.
Based on customers’ orders and forecast, we can say that the group’s 2021 revenue is ready to grow over 20%. “Our plastic packaging materials capacity in 2021 will hit about 180,000 tonnes from 150,000 tonnes in 2020,” he said. Ang said the group’s premium packaging products of stretch films, courier bags, and food packaging contributed to this year’s growth.
Japanese customers increased their orders after the Olympics as they were worried about a possible disruption in China’s supply chain, triggered by the shortage of containers and vessels and energy crisis. “Most pre-orders were from us, as they fear that supplies from China may not reach them,” he said. Ang said the group also expects the contribution from Europe, the United States and Australia will hit 30% this year. According to Ang, the group allocated over RM200mil to establish three plants in Sungai Petani in early 2021 to produce premium plastic packaging products. “The stretch film plant has been completed, and it is now in operation. “The courier bag plant will be completed in next month. The third plant will operate in March 2022,” he said. In 2022, the group will allocate RM50mil for two more stretch film plants.
Stock Idea – Thong Guan Industries (7034) Try to stop this juggernaut We raise our FY21-23F EPS by 5-7%. With our 14.2x target P/E rolled over to end-2022, our TP rises to RM5.44 (99.3% potential upside).
Yala, this markv572421 last time so high everyday wish for limit up then disappointed like baby. Now come back so high and wish for limit up again. Apa lu mau? Everyday limit up until u become billionaire is it?
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....
Timmy Tan
61 posts
Posted by Timmy Tan > 2021-11-18 18:48 | Report Abuse
good results