THONG GUAN INDUSTRIES BHD

KLSE (MYR): TGUAN (7034)

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Last Price

1.54

Today's Change

-0.02 (1.28%)

Day's Change

1.53 - 1.56

Trading Volume

310,900


14 people like this.

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

yktay1

464 posts

Posted by yktay1 > 2016-10-06 11:01 | Report Abuse

haha chl, please don't go against me again..remember shh and flbhd?? my shorting skills are unbeatable

victoryck

18 posts

Posted by victoryck > 2016-10-06 12:02 | Report Abuse

what happened ?
still can enter?

chl1989

2,552 posts

Posted by chl1989 > 2016-10-06 12:54 | Report Abuse

Nope. I made quite some bucks from 1.70 to 2.20 for shh. Unloaded all at 2.20. :)

chl1989

2,552 posts

Posted by chl1989 > 2016-10-06 12:57 | Report Abuse

How low do you think tguan can go? I am ready to collect some :)

chl1989

2,552 posts

Posted by chl1989 > 2016-10-06 13:01 | Report Abuse

Fyi, i have not sold any of my flbhd. Holding at 10% loss. I m willing to keep unless they start to reduce their div payout to below 8c.

Posted by LLinvest > 2016-10-06 16:36 | Report Abuse

No eyes see already...

Flintstones

1,762 posts

Posted by Flintstones > 2016-10-06 17:27 | Report Abuse

Summoning @YiStock

xcu843

1,062 posts

Posted by xcu843 > 2016-10-06 17:53 | Report Abuse

So teruk this stock

chl1989

2,552 posts

Posted by chl1989 > 2016-10-06 18:26 | Report Abuse

Wtf. Teruk?

michaelwong

3,072 posts

Posted by michaelwong > 2016-10-06 20:06 | Report Abuse

Can YiStock shed some light on this counter as Icap has downgrade its current target price to 2.50 which is unreasonable and below valuation . Some other research houses have placed a higher tp of 4 ++ onwards . What about the Q3 results roughly ? Maybe there's some conflict of interests by certain research house to push down the share price to collect cheaply . Thnks !

xcu843

1,062 posts

Posted by xcu843 > 2016-10-06 20:45 | Report Abuse

Very soon will go to 3.50.

cheer76

346 posts

Posted by cheer76 > 2016-10-06 22:26 | Report Abuse

weekly chart hit to moving average, soon will rebound technically

chankp7010

614 posts

Posted by chankp7010 > 2016-10-07 09:32 | Report Abuse

TGuan is undergoing a strong persistent correction for over weeks. Any insiders' information as to why TGuan is subjected to such strong beating. Since there is no directors' selling due to absence of filing to Bursa Malaysia, can we assume that the coming quarter result is bad or poor?

chankp7010

614 posts

Posted by chankp7010 > 2016-10-07 09:33 | Report Abuse

May be icon8888, YiStock, Harryt30, KC Chong can enlighten us

YiStock

1,984 posts

Posted by YiStock > 2016-10-07 09:42 | Report Abuse

Hi Michael Wong, sorry for being very "politely" rude that I don't read Icap's material. I find their speculative timing / advice seriously not worth a penny.

I think very simple rule, you are partner with Tguan to do business, not Icap. You must treat Tguan quarter report and bosses comment seriously. Back to the root of investment.

As for Icap..sigh...i also pity their shareholders.


Posted by michaelwong > Oct 6, 2016 08:06 PM | Report Abuse

Can YiStock shed some light on this counter as Icap has downgrade its current target price to 2.50 which is unreasonable and below valuation . Some other research houses have placed a higher tp of 4 ++ onwards . What about the Q3 results roughly ? Maybe there's some conflict of interests by certain research house to push down the share price to collect cheaply . Thnks !

YiStock

1,984 posts

Posted by YiStock > 2016-10-07 09:51 | Report Abuse

hi chankp7010, i do have 1 or 2 valid "worry" when Q2 result announced. However, the "worry" has been factored into the price correction i believe and i need to wait till Nov to verify it.

It is fair to worry when share price keep coming down and nothing seems go wrong. When things are not clear, the best is go back to fundamental of the company. And, DO NOTHING.

Do not forget, the boss say 20% better revenue expected for 2nd half.


Posted by chankp7010 > Oct 7, 2016 09:33 AM | Report Abuse

May be icon8888, YiStock, Harryt30, KC Chong can enlighten us

michaelwong

3,072 posts

Posted by michaelwong > 2016-10-07 10:22 | Report Abuse

Thnks you very much for your reply . ......YiStock !

red_85

1,259 posts

Posted by red_85 > 2016-10-07 10:25 | Report Abuse

is time to take profit for tguan..switch to other better stock, tguan goin to hibernate for quite sometime...

newbie91

396 posts

Posted by newbie91 > 2016-10-07 10:32 | Report Abuse

i think is because the convertible loan stock is going to be converted into ordinary shares and dilute the EPS ad.

joekit

833 posts

Posted by joekit > 2016-10-07 10:34 | Report Abuse

somebody is shorting this counter in the dark lah. up up up tguan! LoL

yktay1

464 posts

Posted by yktay1 > 2016-10-07 11:17 | Report Abuse

I think the main reason, the cause for all the worry..is that managing director dispose at 4.20!!! WHY???

yktay1

464 posts

Posted by yktay1 > 2016-10-07 11:36 | Report Abuse

Too many red flags...indiscriminant selling...persistant downtrend..director selling..revenue hardly up...eventhough ringgit weakening..tons of money spent on capex...doesnt look good fellas...dropping hard under RM4 which is a major support level

chl1989

2,552 posts

Posted by chl1989 > 2016-10-07 11:36 | Report Abuse

Yea. 600lots. Why?

chl1989

2,552 posts

Posted by chl1989 > 2016-10-07 11:37 | Report Abuse

Yktay, plz predict its lowest point . :)

yktay1

464 posts

Posted by yktay1 > 2016-10-07 11:40 | Report Abuse

dont want to be mean to you..but dont ask stupid question la..lowest point is anyone's guess

yktay1

464 posts

Posted by yktay1 > 2016-10-07 11:42 | Report Abuse

company say wanna be largest producer in SEA, market cap 1b..bla bla bla...promise the moon and the stars..but then why the MD wanna sell his shares?? KYY also very smart..surely he take profit already

michaelwong

3,072 posts

Posted by michaelwong > 2016-10-07 11:56 | Report Abuse

Very likely MD knew well Q3 financial results is no better than previously . But those have the resources and couraged can start to pick some when some are fearful .

George888

425 posts

Posted by George888 > 2016-10-07 11:58 | Report Abuse

MEGA DISCOUNT!

Jeff Lee

327 posts

Posted by Jeff Lee > 2016-10-07 12:05 | Report Abuse

when people is fear, you buy

Jeff Lee

327 posts

Posted by Jeff Lee > 2016-10-07 12:06 | Report Abuse

already drop to NTA 3.90. still with EPS 0.55 to 0.60 cts

what do you expect?

George888

425 posts

Posted by George888 > 2016-10-07 12:10 | Report Abuse

It is trading close to its NTA, no premium even with EPS 51.64 cents, seems like a gem if u are holding for the next 3 years.

yktay1

464 posts

Posted by yktay1 > 2016-10-07 12:21 | Report Abuse

PER 7 times, trading at NTA, profit more than double, margin double, massive capex, sky high targets,...but director selling and share price decline in 17 out of past 20 days...gem or value trap? Time will tell

yktay1

464 posts

Posted by yktay1 > 2016-10-07 12:24 | Report Abuse

you say buy when people are fearful..big discount..haha what makes you so sure you are smarter than them? people sell for a reason..same when people buy..there has to be a reason

Up_down

4,346 posts

Posted by Up_down > 2016-10-07 12:25 | Report Abuse

Correction was expected after the recent rally. Time to join the bandwagon again for another ride. yummy!

michaelwong

3,072 posts

Posted by michaelwong > 2016-10-07 12:38 | Report Abuse

Over reacted and same time unlucky for tguan with the impending bearish market sentiments .

valuelurker

1,133 posts

Posted by valuelurker > 2016-10-07 12:45 | Report Abuse

Early movers calling themselves 'value investors' and the MD and working with TheEdge to drive up the price, now unloading to you clueless suckers la...when there are signs its coming down, the 'sifu' comes out to defend the counter...

No one can ever be impartial anymore, especially when one has provided a service

chl1989

2,552 posts

Posted by chl1989 > 2016-10-07 13:03 | Report Abuse

Yktay, you self-proclaimed you have a crystal ball mah. Now no balls to predict? Haha :)

joekit

833 posts

Posted by joekit > 2016-10-07 13:07 | Report Abuse

dispose already thats why hoping it will go lower to collect again!

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-10-07 13:11 | Report Abuse

Sell

George888

425 posts

Posted by George888 > 2016-10-07 13:24 | Report Abuse

Everyone has their own opinion which is perfectly fine. Let's have a healthy discussion here, and not calling names. Friday leh, relax guys.

Jeff Lee

327 posts

Posted by Jeff Lee > 2016-10-07 13:30 | Report Abuse

Look at Tien Wah and you guys know. When drop to RM 1.60 everyone scared like mouse, now moving, everyone going to jump on the boat.

Posted by LLinvest > 2016-10-07 13:46 | Report Abuse

Long tem holding, long term holding until special trip to Holland.

ttb88

14 posts

Posted by ttb88 > 2016-10-07 13:47 | Report Abuse

Rebuy more on weakness?

Jeff Lee

327 posts

Posted by Jeff Lee > 2016-10-07 14:28 | Report Abuse

LLinvest, sure or not going to Tguan going to Holland?

what is your target price? drop till RM 3.00? till RM 2.00?

Posted by LLinvest > 2016-10-07 14:40 | Report Abuse

If you haven't visited Holland yet, you can give it a try. Just be cautious when you visit Keukenhof with Mr. Directors, beautiful green garden before disposing 1.2 millions of red paint of red paints on your face.
Alternatively, buying a Note 7 can give similar experiences, nice on appearance and in paper before blowing you up.

George888

425 posts

Posted by George888 > 2016-10-07 14:45 | Report Abuse

Probably due to conversion of its ICULS of 52mil shares, which might bring its shares outstanding to around 158mil shares. At current prices, its PE is around 11, which is much lower than SLP and BP Plastic. So its still cheap :)

Posted by LLinvest > 2016-10-07 14:49 | Report Abuse

Jeff Lee, no faham sarcasm kah? Drop to RM 3 or 2? I had 59k shares on Tguan that is all bought above RM4 when I originally only had 10k on it. While I constaly top up to slow the drop below, looks like someone elses had other plan. Everything happening right now are thanks to Mr. Directors father and son disposing huge amounts of shares, it doesn't help that the news come out exactly after the shares have a fresh turnaround.

yktay1

464 posts

Posted by yktay1 > 2016-10-07 15:32 | Report Abuse

Mr Director: Thank you for your support, please come again

Up_down

4,346 posts

Posted by Up_down > 2016-10-07 15:32 | Report Abuse

So pessimistic after the price have dropped by 15% without any bad news. Who knows it is merely a temporary correction.

Up_down

4,346 posts

Posted by Up_down > 2016-10-07 15:35 | Report Abuse

If the director really want to par down his stakes, think he would do only after having a share split, bonus issues... :)

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