Tguan taps into the growing need of plastic films for industrial use and with current low cost of raw materials, they will do well if they follow through the execution of their business plan, including the future expansion into manufacturing of organic noodles.
Tguan seems pricey to ikan bilis even though trading at low multiple PER. The management is expected to undertake corporate exercise like share split and bonus issues to enhance share liquidity.
Retailers prefer to buy 100lots of 30c rather than invest on 10lot of good quality rm3 share.Many do not realize is easier for a good rm3 share to run up to rm4 than a 30c share to go up to 40c
Retailers wants fast fast money. They like to see a penny shot up by 30% in a single day. It's very difficult for Tguan to break 30% in such a short time. The possibility is higher only if Tguan were traded at 33 cents after share split and bonus issues.
Thanks for remind, up_down, i am now buying at the smaller scale now, see how it goes. All my money are now at Lii Hen, Poh Huat & Hevea. Try my luck over TGuan. (。◕‿◕。)
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....
Jeff Lee
327 posts
Posted by Jeff Lee > 2016-05-27 08:11 | Report Abuse
cos usd down.. so revenue will drop.