Posted by Icon8888 > 2015-07-26 09:59 | Report Abuse

Stock market are like that loh, some u made it, some u don't

Some move fast, some late bloomer

Overall, can make money, good enough already

Posted by yap1983 > 2015-07-27 19:03 | Report Abuse

when is the quarterly report out?

Posted by DarKLoRD888999 > 2015-07-27 19:09 | Report Abuse

28th Agust

Posted by hockhuat > 2015-08-19 19:27 | Report Abuse

tomorow gap down....cheap raw material price translate to low selling price...what nonsense...worse plastic stock counter....1.10 coming...

Posted by Icon8888 > 2015-08-19 19:51 | Report Abuse

Result is out.

latest quarter EPS 6.7 sen

Posted by ong4965 > 2015-08-19 22:15 | Report Abuse

USD dominated borrowing was reduce 40% in balance sheet. ...yes..good management.. please keep going.

Posted by Icon8888 > 2015-08-19 22:16 | Report Abuse

Borrowings dropped quite substantially

I like

Posted by Icon8888 > 2015-08-19 22:24 | Report Abuse

They retired closed to RM30 mil borrowings.

Source of repayment mostly from reduction in inventories

Posted by hockhuat > 2015-08-19 22:27 | Report Abuse

market no good....let them reduce borrowings until become 1.10 only buy...now is over valued compared to SLP

Posted by fast > 2015-08-20 08:09 | Report Abuse

Net assets per share increased to RM3.42

Posted by Icon8888 > 2015-08-20 08:25 | Report Abuse

From this quarter onwards. it is smooth ride all the way to prosperity. Weak RM and 75% export will rain money on them. With so little gearing, high dividend payout expected in the immediate future. Ooooohhhh... I am beginning to sound like Calvintaneng on steroid. : )

Posted by cherry88 > 2015-08-20 08:49 | Report Abuse

Hi Icon8888, I know you because you are the CEO of Poh Huat.....The latest TGUAN results was due mainly to "
lower price of raw material which translate to lower selling price" and of course the "forex loss".....It make no sense to me. I can't explain it. Can this happen to other export counter like Poh Huat ?

Posted by cherry88 > 2015-08-20 09:50 | Report Abuse

Icon8888.....YES Boss..TQTQ.... I am sorry, I won't appear in front of you now....You are a big bull and I am just a little cherry.....

Posted by Icon8888 > 2015-08-20 10:40 | Report Abuse

Oops sorry, that was meant to be a joke. I deleted my earlier posts. Welcome chit chat with me in the future. I am a small fly, not big boss

Posted by member41 > 2015-08-20 12:12 | Report Abuse

Kenanga TP 270... wow buy?

Posted by aunloke > 2015-08-20 12:33 | Report Abuse

Do not be misled by Ken. TP.

Posted by cherry88 > 2015-08-20 14:12 | Report Abuse

Don't worry Icon8888....It is just a joke which initiate by you. Nice to chat with you too.

Posted by Icon8888 > 2015-08-21 15:46 | Report Abuse

http://klse.i3investor.com/blogs/icon8888/81667.jsp

Posted by ckwan11d > 2015-08-21 17:13 | Report Abuse

Icon8888, besides Thong Guan, which other 'plastic counters' are under you watch list. TQVM for your unselfish sharing with us.

Posted by Icon8888 > 2015-08-22 00:37 | Report Abuse

Only thong guan

Posted by ckwan11d > 2015-08-22 13:22 | Report Abuse

Then, I shall buy some shares of Thong Guan Ind Bhd. The others already inside my basket are : Malayan Banking Bhd, AMMB Holdings Bhd, Tasek Corp Bhd, Imaspro Corp Bhd, and OKA Corp Bhd.

Posted by ckwan11d > 2015-08-22 13:30 | Report Abuse

I excluded Tong Herr Resources Bhd because I am mindful of her huge 'loans & borrowings'. She was not in 'net cash' position as at 31 Mar 2015.

Posted by Icon8888 > 2015-08-22 14:11 | Report Abuse

Why u think thong guan good buy ? Just curious

Posted by ckwan11d > 2015-08-22 16:03 | Report Abuse

Sometimes you need to have faith and to believe and to trust someone else. Besides, value investing is an imperfect science. Or else, mathematicians and actuaries would be the richest person in the world.

I shall treat the BOD as a cook. The worst scenario would be - he turns out to be an incompetent. I do not believe he would rear cockroaches and rats in my kitchen.

Just like between you and Tengku Faisal aka whatever name(s), without a second thought, I shall place my trust on you.

Posted by jeannie > 2015-09-09 11:03 | Report Abuse

what happened to Thong Guan..keep dropping ??

Posted by m00077 > 2015-09-09 16:02 | Report Abuse

Likely due to higher realised foreign exchange losses in the 1st half of 2015. Everyone will feel scare because US dollar continue to appreciate.

Posted by jeannie > 2015-09-10 11:52 | Report Abuse

thought they are exporting too...guess the raw materials are also imported, everyone is affected with the high currency exchange...

Posted by m00077 > 2015-09-11 13:35 | Report Abuse

Reported by Icon8888: In the past, TGuan's net profit of RM7 mil per quarter was driven by strong Japanese demand. However, recently, the Japanese market has softened quite a bit. Also, TGuan's operation in China is facing increasing cost pressure. Against this backdrop, ability to sustain profit is an indication that their turnaround plan is working. What pleases me most is the improvement in balance sheets. The group's US Dollar loans had been reduced from RM65 mil to RM33 mil, a reduction of RM32 mil.
The paring down of this particular loan is very important. Over the past two quarters, Thong Guan had been reporting dismal profit exactly because of the forex losses associated with this loan.Thong Guan incurs depreciation charges of closed to RM20 mil per annum. With net profit of let's say RM30 mil, zero capex requirement (RM100 mil has already been spent), and minimal debt servicing obligations, the group could potentially generate free cash flow of RM40 mil to RM50 mil per annum.

Theoretically, all these free cash are available for distribution to shareholders as regular dividend. Based on existing market cap of RM300 mil, can the company reward shareholders with more than 10% dividend yield ?

The potential is there. But as the saying goes, "I will believe it when I see it".

Let's see whether this will happen in the future.

Posted by Icon8888 > 2015-09-11 14:19 | Report Abuse

Japan doing well. Should have significant positive impact on thong guan

Posted by Icon8888 > 2015-09-11 14:20 | Report Abuse

http://klse.i3investor.com/blogs/kenangaresearch/82395.jsp

Posted by m00077 > 2015-09-11 14:42 | Report Abuse

Icon8888, like to hear your comments on YOCB (Yoong Onn-5159) if you are free.

Posted by ykloh > 2015-09-12 00:45 | Report Abuse

wishful thinking.

Posted by Icon8888 > 2015-10-02 16:57 | Report Abuse

Lai Liao Lai liao

Posted by paperplane2 > 2015-10-02 19:29 | Report Abuse

Be careful now.....

Posted by chankp7010 > 2015-10-02 22:35 | Report Abuse

Tguan 3rd quarter result should be better than the former 2 quarters. Likely, insiders are buying bit by bit. Late few trading days have seen Tguan gaining momentum and increase in share price.

Posted by Jeff Lee > 2015-10-08 15:14 | Report Abuse

uncle cold eye has bought 400,000 shares of tguan

Posted by WangMali > 2015-10-15 17:05 | Report Abuse

Is it uncle Koon?

Posted by duitKWSPkita > 2015-10-15 17:14 | Report Abuse

TGUAN= 踢馆

TGUAN 踢馆能成功吗？

Posted by ong4965 > 2015-10-19 08:47 | Report Abuse

hi Icon 1888, possible Tguan coming quarterly result will get hit by last few month weaken RM (July 3.70 - Sep 4.4)?

Posted by chankp7010 > 2015-10-23 10:05 | Report Abuse

For Tan KW. Your article on TGuan entitled "Moving up the value chain- Bursa Dummy dated 22nd October, 2015 is indeed well researched, insightful and up-to-date. I like your frank, honest approach, looking into operations, performance, capital structure and into the future. Very well done. Please continue to do so on other small capital counters for our information and investing knowledge. Thank you

Posted by chankp7010 > 2015-10-23 10:30 | Report Abuse

Yes I have forgotten also, very likely because of TanKW 's good article, TGuan share price has moved upward substantially. For those who are still holding TGuan, remember the target is RM3.30 in the near future.

Posted by jeannie > 2015-10-26 11:49 | Report Abuse

hope our dreams will come true sooooon.

Posted by oregami > 2015-10-30 17:28 | Report Abuse

踢馆能成功!

Posted by pinko4988 > 2015-11-02 08:54 |

Post removed.Why?

Posted by KBL88 > 2015-11-02 19:23 | Report Abuse

TP?

Posted by tjhldg > 2015-11-02 19:35 | Report Abuse

踢 馆 boleh aeh abang duit :)

Posted by Jeff Lee > 2015-11-12 11:44 | Report Abuse

tguan started moving with volume. maybe good result is expected this round

Posted by Jeff Lee > 2015-11-12 14:25 | Report Abuse

is it uncle cold eye buying?

Posted by gannag > 2015-11-12 15:06 | Report Abuse

Those who interested to buy Tguan shall consider LA coz can be converted to Mother Share Oct next year with premium about 10%

Posted by Eelyn Soon > 2015-11-13 00:34 | Report Abuse

Gannag im curious why LA instead of mom since its at a premium? The difference not much comparing to value in RM. If u mentioned tguan wa then it is understandable but can u enlighten me why LA?