Oil price continue to go rise. I wonder how much cost can Tguan continue to pass to their customers. I remember previously when oil price was high, it impacted their profit as cost of raw material increase.
The declaration by Prudential is interesting. Why Eastspring Investment Bhd didn't mk the declaration itself? Prudential Plc has no direct biz involvement in Msia, while its subsidiary Eastspring operates fund management biz in the local mkt. I also notice the declarations made by Mitsubishi in some other counters... Is that a requirement by Bursa?
So...Do you mean Eastspring doesn't need to make announcement? The Eastspring was already holding around 5% since Aug 2021, now just added another 279k shares only. Very small increase in the holding. Unless we see more institution players come into ThongGuan, the price will have very small impact.
Prudential ceased as substantial shareholder in August 2021 due to increase in no. of shares. They just want to hold 5% of TGUAN that's all, that's why they add 278.5k units. Why is it so interesting?
cumcumshot Prudential PLC doesn't operate in Msia, its subsidiary Eastspring is. Why not Eastspring made the announcement? This is a way to attract attention in the mkt.
Last time FPI big drop , many people also said its QR no good but FPI delivered good QR. Tguan only need 6 million PAT more to achieve annually new high earning. Haha. New two factories capacity will be added this Q. Third new plant is under construction. Haha. .
I remember that the boss says shipping cost is paid by the customer. So, it might be the customer either put on hold the order or find a local supplier. Back then product from Malaysia might be cheaper but with the increase of raw material, labor and shipping cost, it might not be as competitive. Just a thought.
Do you need source for this? TGUAN only need 5mil net profit to match last years profit. Just use math and logic. Also, they only need 75mil rev to match last years rev, and 113.7mil to reach 1bil rev this year.
For your info last Q is 296mil rev. and 22.4mil net profit, with 60% capacity.
Yeah surely will surpass last years profit no doubt. My question is whether the Q4 will be better than Q2 since there are concerns on the rising raw materials and shipping cost as well. Just asking.
The_JQuestion actually bursa many gem but the gems nobody interested HEHE..very quiet lo accept the fact only good for goreng HEHE good stock boring ma
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....
Lumine
34 posts
Posted by Lumine > 2022-01-26 19:13 | Report Abuse
Ya boring indeed, why no limit up everyday so we can become rich? Lol