Posted by Kevin Khoo > 2014-03-19 15:35 | Report Abuse

guys just buy from now before too late ^^

Posted by Kevin Khoo > 2014-03-20 10:05 | Report Abuse

still not too late o ^^ buy buy buy buy

Posted by doodles > 2014-03-20 16:22 | Report Abuse

whats the story? up trend past few days

Posted by Kevin Khoo > 2014-03-20 17:17 | Report Abuse

Believe me then buy in now I will tell when to out if necessary^^ good luck on trade

Posted by tonylim > 2014-03-20 21:21 | Report Abuse

Kevin what's the tp. When aunloke buy I will follow.
They already announced fund raising

Posted by Kevin Khoo > 2014-03-20 21:23 | Report Abuse

2.32

Posted by pradeep > 2014-03-20 23:21 | Report Abuse

Kevin Khoo it may go back to 2.50. By next week 2.32 should not be a problem,fundamental intact and maybe funds are buying.PE is also low

Posted by brendonyeap > 2014-03-20 23:30 | Report Abuse

Buy more, so that i can sell higher price.TQ

Posted by member41 > 2014-03-20 23:31 | Report Abuse

Thx to the guy who recommend buying below $2 last week. :))

Posted by tonylim > 2014-03-20 23:34 | Report Abuse

above 3 on mid term run up to the iculs and rights issue. I am confident.

Posted by pradeep > 2014-03-20 23:40 | Report Abuse

Tony lim I only understand ICUs and not right issue, correct me if I am wrong .

Posted by tonylim > 2014-03-20 23:44 | Report Abuse

Posted by TanSriDato > Feb 6, 2014 11:36 PM | Report Abuse
Thong Guan Industries Bhd is undertaking a renounceable rights issue of up to RM52.60mil and plans to issue up to 26.30 million free new warrants.
It said on Thursday the rights issue would be up to 52.60mil nominal value of five-year 5% irredeemable convertible unsecured loan stock (ICULS) at 100% of its nominal value of RM1 each.

Posted by tonylim > 2014-03-20 23:46 | Report Abuse

Posted by Multibagger > Feb 7, 2014 06:28 AM | Report Abuse
Assume you have 4 shares of TGuan, you can get 2 ICULS for $1.00 each and 1 Free warrant.

ICULS - you get 5% pa interest paid twice a year. Van only convert to mother share after 1 year on 1 : 1 basis.

Warrant - can subscribe to mother share at exercise price $1.50 per share

With such sweetener, mother share should jump! After the rights issue, may come down a bit as there will be dilution to earnings when there is conversion of ICULS or warrant. However, if earnings pick up and counter the dilution effect, share price may continue to climb. This could be the case as the money is partly used for expansion/upgrade of machinery. My 2 cents.

Posted by tonylim > 2014-03-20 23:51 | Report Abuse

Key word is iculs is convertible. Many newbies may not understand.
No longer popular unlike the good old days but its a super instrument. Can you imagine if dsonic or dksh had issued iculs one year ago?

Posted by pradeep > 2014-03-21 00:02 | Report Abuse

Thanks tony lim, the best part is iculs can be converted without any payment after two years , many did not understand now they have to chase for the shares it will fly tomorrow and if down I will buy more

Posted by pradeep > 2014-03-21 00:04 | Report Abuse

Tony lim the iculs change to the mother shares after one yeAr or two years?

Posted by tonylim > 2014-03-21 08:44 | Report Abuse

Wait for more announcement for confirmation. Looks like meeting gonna held soon to ride on the market liquidity

Posted by Kevin Khoo > 2014-03-21 09:26 | Report Abuse

today still got chance to buy in ^^

Posted by pradeep > 2014-03-21 09:41 | Report Abuse

Kevin Khoo you are very positive I guess you had done your homework

Posted by Kevin Khoo > 2014-03-21 09:53 | Report Abuse

Nth is free and homework have to be done but I am more to TA investor so every methods helps earning just depends whats your believe and when you invest you must have confident ma.....lose or win depends on the risk you can take or afford.... remember dun out from your own limit

Posted by Kevin Khoo > 2014-03-21 09:54 | Report Abuse

normal correction and it going down but observe on the volume today ^^ it is not major

Posted by pradeep > 2014-03-21 10:09 | Report Abuse

Kevin Khoo support should be around 2.08 but I doubt can get that price

Posted by pradeep > 2014-03-21 10:10 | Report Abuse

Very strong support at 2.10

Posted by pradeep > 2014-03-21 10:18 | Report Abuse

Here comes 2.08 interesting?.

Posted by Kevin Khoo > 2014-03-21 10:35 | Report Abuse

should be good ^^ still believe in.

Posted by Minami Hagiwara > 2014-03-21 10:44 | Report Abuse

What is this ? A trap ?

Posted by Kevin Khoo > 2014-03-21 10:48 | Report Abuse

trap??? own judgement ***see yesterday chart sign and tdy sign

Posted by pradeep > 2014-03-21 11:20 | Report Abuse

Not a trap an opportunity to go in

Posted by Kevin Khoo > 2014-03-21 11:43 | Report Abuse

yup opportunity

Posted by pradeep > 2014-03-21 12:02 | Report Abuse

Kevin Khoo see the game in the afternoon or next week

Posted by Kevin Khoo > 2014-03-21 12:18 | Report Abuse

erm looking into the trend most probably next week games on...if there are more good news then will help a lot more to boost it up

Posted by pradeep > 2014-03-21 12:39 | Report Abuse

Kevin Khoo this stock is a gem many don't understand you know what I am saying. To share our knowledge you can always call me at 012 6119153. by the way thanks for sharing

Posted by hewiester > 2014-03-21 12:45 | Report Abuse

Whats the gem behind it? any FA to support?

Posted by Minami Hagiwara > 2014-03-21 17:53 | Report Abuse

What a joke ?

Posted by Kevin Khoo > 2014-03-21 17:56 | Report Abuse

If you want to take it as a joke just dun invest^^

Posted by Kevin Khoo > 2014-03-24 09:19 | Report Abuse

http://klse.i3investor.com/blogs/TGUAN/48761.jsp

Posted by Minami Hagiwara > 2014-03-24 09:40 | Report Abuse

no movement ?

Posted by bing > 2014-03-24 13:38 | Report Abuse

Buy before too late.. hehe...

Posted by pradeep > 2014-03-24 13:42 | Report Abuse

Kevin Khoo a very good article. thanks for sharing.

Posted by pradeep > 2014-03-24 13:45 | Report Abuse

Kevin Khoo how you manage to get that blog on TGUAN.

Posted by Kevin Khoo > 2014-03-24 15:18 | Report Abuse

Search in i3 blog area there

Posted by pradeep > 2014-03-24 16:58 | Report Abuse

In directly the way I see the iculs and the warrant is a very special gift to its shareholders.

Posted by ckleow79 > 2014-03-24 17:12 | Report Abuse

pareed : the iculs can convert from the 3rd year.
( the statement said after 2 anniversary year, the iculs can be convert to mother share.)
happy trading

Posted by aunloke > 2014-03-24 17:26 | Report Abuse

But we have to pay extra RM 1.00 to convert.

Posted by tonylim > 2014-03-24 17:55 | Report Abuse

Aunloke.. wait additional rm 1.00 from yr pocket?

Posted by aunloke > 2014-03-24 19:08 | Report Abuse

Tony the convesion price is 1.00 ,is that correct ?

Posted by Multibagger > 2014-03-24 20:17 | Report Abuse

Just to share :-

Most ICULS on BURSA are converted based on certain no of ICULS for certain no of mother share ( eg 1 for 1 or 1.5 for 1). In some cases, you can combine certain no of ICULS + cash for certain no of mother share ( eg 1 ICULS + 50 sen for 1 mother share).

In TGuan case, it is 1 ICULS for 1 mother share ( no additional cash outlay).

Extract from TGuan announcement:-

Conversion Price : The conversion price for the ICULS is RM1.00 for every one (1)
new TGIB Share

Conversion mode : By surrendering for the cancellation of the ICULS with an
aggregate nominal value equivalent to the Conversion Price.


Warrant can exercise anytime upon issuance but ICULS can only be converted from year 3 onwards. I thought this is well structured to avoid drastic dilution to EPS and allow company to grow profit to counter a larger share base later.

Posted by aunloke > 2014-03-24 21:05 | Report Abuse

Thanks.

Posted by pradeep > 2014-03-24 22:10 | Report Abuse

the beauty is you dont have to pay anything to convert to the mother share but it is after two years. ckleow79 I agree with him

Posted by bing > 2014-03-25 00:46 |

Post removed.Why?