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

Ryan88

1,327 posts

Posted by Ryan88 > 2017-05-24 22:56 | Report Abuse

buy before too late

Posted by WarrenColdeye > 2017-05-24 23:55 | Report Abuse

Lol

Ryan88

1,327 posts

Posted by Ryan88 > 2017-05-24 23:57 | Report Abuse

hahaha

fattycat

697 posts

Posted by fattycat > 2017-05-25 00:30 | Report Abuse

i choose to hold...
if drop below rm4 i will just average down my price.
the share price is dissapointed but the company is fantastic

michaelwong

3,072 posts

Posted by michaelwong > 2017-05-25 08:01 | Report Abuse

Can the goose continue to shed its feathers today ?

Posted by resilient911 > 2017-05-25 09:30 | Report Abuse

ppl selling tguan because the price stagnant even downwards recently.

because some ppl found other value stock like superln iqgrp success johotin vitrox penta mmsv dufu dnex krono up multiple percent. yes. those value stock is fully valued or uptrend potential.

ppl dissapointed due to tguan no up but i think we shd have other than common since it is good time for collection. those went up we cannot chase because warrent said:

Patience:
Anytime you find something that look like massive returns usually means massive risk.
Pigs get fat and hogs get slaughtered.

Patience is truly a virtue. Take your time, dont try to get rich overnight. Never break your rules.

Individuality:
I have often found that if I was doing what everyone else was doing...... I was probably doing it wrong.

xcu843

1,062 posts

Posted by xcu843 > 2017-05-25 10:06 | Report Abuse

look like quarterly report no good.

michaelwong

3,072 posts

Posted by michaelwong > 2017-05-25 13:06 | Report Abuse

Not to waste time on this stock since May supposed to be the month to release its financial reports . If the financial reports for May didn't turn out to be juicy , those who bought might got stranded and to wait for several months for the next results . But one thing l'am not too sure why the company proposed for shares buy back . Is it to force down the price to collect cheaply at this point where the stock price is still above RM 4 . Could be vice versa and got to wait for the game they know best .

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2017-05-26 11:55 | Report Abuse

During 2014, TGUAN announce right issues 2 shares for 1 loanstock and free 1 warrant for every 2 loan stock subscribed. At that time TGUAN have 105,211,500 unit of shares.

I assumed all the loan stock and warrant are fully convert and exercise by 2019, at that time TGUAN should have maximum 184,107,875 unit outstanding shares.

TGUAN pass 4 quarter net profit equal to RM 58,086,000, divided by 184,107,875 unit of shares can get EPS 31.55 SEN, the price now are RM 4.40 divided by 31.55 SEN we get TGUAN PER 13.94.

Look at Plastic Packing competitor’s PE as below ( I do not take in SCIENTX as SCIENTX major on construction):-
DAIBOCI: 31.47
SCGM: 29.0
SLP: 22.63
TOMYPAK: 19.74
ADVPKG: 15.94
BPPLAS: 15.44
TGUAN: 13.94

What’s wrong with TGUAN? The MORE CASH, MORE REVENUE, and MORE NET PROFIT among their competitor but with LOWEST PE RATIO?

Is the market STUPID give TGUAN lower PE?

No, I don’t think so, must be something wrong with TGUAN.

Posted by resilient911 > 2017-05-26 12:28 | Report Abuse

tguan is old man stock with age similar to warren buffett? Need a lot of patient?

chankp7010

614 posts

Posted by chankp7010 > 2017-05-26 16:25 | Report Abuse

TGuan is now having ICULS and Warrants. If you convert all ICULS and Warrants into ordinary shares, then, the P.E. is higher than most of its peers. Furthermore, TGuan is in an expansion mode and yet to be proven successful in its food and beverages operation. Time will tell if TGuan is better than its competitors in 2-3 years times.

Posted by WarrenColdeye > 2017-05-27 00:37 | Report Abuse

Who cares....

Chan SauWei

1,430 posts

Posted by Chan SauWei > 2017-05-27 12:04 | Report Abuse

In bullish market, all investor wouldn't interesting tguan this type of slow and defensive counter... return is much lower if compare others..

lloydlim

3,969 posts

Posted by lloydlim > 2017-05-27 16:37 | Report Abuse

Good timing to accumulate now!

Chan SauWei

1,430 posts

Posted by Chan SauWei > 2017-05-27 22:08 | Report Abuse

Them will consider tguan when market panic....then tguan will start moving up

Abismail

651 posts

Posted by Abismail > 2017-05-30 13:05 | Report Abuse

How AGM...

michaelwong

3,072 posts

Posted by michaelwong > 2017-05-30 15:06 | Report Abuse

Worst performing counter . One day urine there day shits . ....wtf man !

Posted by Cornerstone > 2017-05-30 15:06 | Report Abuse

it is indeed... haiz

Posted by geoffreylee > 2017-05-30 19:26 | Report Abuse

QR out!!!! up 0%!!!!

gimeng

171 posts

Posted by gimeng > 2017-05-30 19:29 | Report Abuse

Really? 0%?

Ahbeng11

198 posts

Posted by Ahbeng11 > 2017-05-30 19:46 | Report Abuse

Result out

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2017-05-30 20:10 | Report Abuse

jialat, will drop gaogao tomoro

Jen388

52 posts

Posted by Jen388 > 2017-05-30 20:21 | Report Abuse

Not very good result.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-30 20:27 | Report Abuse

price so high yet no growth, should drop to below 4.00

HuatRex

2,617 posts

Posted by HuatRex > 2017-05-30 21:02 | Report Abuse

Lousy counter

yesyesyes

728 posts

Posted by yesyesyes > 2017-05-30 21:11 | Report Abuse

Cannot consider lousy too .. still have double digits growth ..

Chan SauWei

1,430 posts

Posted by Chan SauWei > 2017-05-30 21:28 | Report Abuse

Highest revenue growth but profit is less due to 10% cost material increase and USD weak with 5%....
EPS is diluted due to warrant converted allot...

Posted by OptimusCallMeBaba > 2017-05-30 21:50 | Report Abuse

Last year = diluted EPS 10.97
This year = diluted EPS 7.45

Posted by OptimusCallMeBaba > 2017-05-30 21:50 | Report Abuse

Annualised = 29.8, making current price = 14.7 PE ratio, fair price now

xcu843

1,062 posts

Posted by xcu843 > 2017-05-30 22:24 | Report Abuse

Ya lor. Highest revenue but lower profit. Tomorrow will drop 5%.

lloydlim

3,969 posts

Posted by lloydlim > 2017-05-31 01:13 | Report Abuse

Downtrend towards 4.00

suregain

1,611 posts

Posted by suregain > 2017-05-31 04:43 | Report Abuse

Sell

chankp7010

614 posts

Posted by chankp7010 > 2017-05-31 07:21 | Report Abuse

QR is out. EPS is 10cents this latest quarter. Top line has gone up and management and Board are optimistic of better results in coming Quarters

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2017-05-31 08:17 | Report Abuse

double digits growth in the sales volume.....managements so funny

growth in revenue but no growth in net profit for what??

this like you earn more money but you spend more no saving more, still your money ka??

stupid management

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2017-05-31 08:19 | Report Abuse

bear in mind KOON YEW YIN still have 430,000 unit share,

his GOLDEN RULE: I will start dump if i seen company no growth.....

becareful

michaelwong

3,072 posts

Posted by michaelwong > 2017-05-31 09:42 | Report Abuse

I was quite lucky to sell off more than 60 % of tguan shares for the past few days with minimum losses and if l decide to hold on till today it might go worst as expected . I expected the usual 10 or slight increase in profits is insufficient to offset new machineries for expansion purposes

michaelwong

3,072 posts

Posted by michaelwong > 2017-05-31 09:47 | Report Abuse

One thing the management are more concerned about the company future growth rather than minority share holder's . With this type of expansion l expect they need another 2 QR to achieve real profits . Dump first buy back later only when the time suitable

Chan SauWei

1,430 posts

Posted by Chan SauWei > 2017-05-31 12:43 | Report Abuse

Buy buy buy or bye bye bye ?????

fattycat

697 posts

Posted by fattycat > 2017-05-31 12:57 | Report Abuse

continue holding ^^

Posted by tranquilfinny > 2017-05-31 13:54 | Report Abuse

byes

lloydlim

3,969 posts

Posted by lloydlim > 2017-05-31 14:47 | Report Abuse

Buy buy buy, buy below 4.00

Posted by Cornerstone > 2017-05-31 14:48 | Report Abuse

buy or bye? haha

Posted by riskabsorber > 2017-05-31 16:26 | Report Abuse

Operational risks

(i) volatile plastic resin prices,
(ii) foreign currencies risk,
(iii) lower-than-expected contribution from its China- based subsidiaries, and
(iv) lower-than-expected margin.

Summary from an invitation talk by the Director

- control 12% rubbish bags sales in Japan, export 80% sales to oversea (Foreign currencies risk as the RM is strengthening)
- bought 16 acres land in sg petani, plan double turnover in plastic packaging in 10 years stretch film export to more than 60 countries rubbish bags consist of 25% sales for the group PVC Wrap new factory with 8 lines production in 2017 (volatile plastic resin prices and lower margin)
- R&D co NEWTON to help develop new products (new investment? uncertainty on ROI)
- Tea and coffee division will continue to grow (based on the Mar'17 quarterly result, profit margin dropped drastically on these division)
- Organic noodle (Golden Noodle ) and baby noodle to market it to china (lower contribution from China market as not easy to venture into China food market, expected to incur losses or lower margin from initial stage)
- Marche master franchise business Opening soon in pavilion KL (never mentioned in quarter result)
- Try to enhance branding by moving up value chain to avoid competing with SCIENTX (merged with GW Plastic in 2013) (vision 2020)

** in the pipeline to have bonus issue (too late to announce bonus issues as investors already fed-up

michaelwong

3,072 posts

Posted by michaelwong > 2017-06-01 22:56 | Report Abuse

One day urine and three days shits is all investors in tguan learned a lot . 2morrow another monthly period day for Tguan shares . ...... red . ....red .....and a sea of red hibiscus . .....wtf man !

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-06-01 23:04 | Report Abuse

Pls go ahead and dump to make the share price cheaper. I am hungry if dropped to a cheaper price. Tq in advance.

kchia

172 posts

Posted by kchia > 2017-06-02 10:09 | Report Abuse

we can see a lot of sohaisssss commenting shit here. lol
they are not investor, they are speculators and gamblers.

excelyou

1,255 posts

Posted by excelyou > 2017-06-02 13:09 | Report Abuse

Tguan lack of corporate exercise.

Chan SauWei

1,430 posts

Posted by Chan SauWei > 2017-06-02 17:41 | Report Abuse

Continue sleep for next few months

lloydlim

3,969 posts

Posted by lloydlim > 2017-06-04 23:38 | Report Abuse

Waiting..... at 4.00

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