Posted by lloydlim > 2017-07-11 18:20 | Report Abuse

Coming soon?

Posted by Chong Jiunn Hau > 2017-07-11 19:08 | Report Abuse

Possible If the warrant conversion and loan stock conversion keep coming to dilute the EPS

Posted by DontShootMe > 2017-07-12 09:26 | Report Abuse

how to check the remain unconvert warrent and loan stock? anyone

Posted by yyinsg > 2017-07-12 11:48 | Report Abuse

i think if u have access to their share registrar

Posted by digger888 > 2017-07-12 12:18 | Report Abuse

KUALA LUMPUR (Jul 12) -- Thong Guan Industries, a Malaysian packaging products maker, is looking to buy a smaller rival in a deal that could be worth about 100 million ringgit ($23.27 million), its executive director said.

The company is in talks with targets in Malaysia and in Vietnam for potential acquisition, Alvin Ang told Nikkei Markets in an interview. A successful purchase will boost Thong Guan's production capacity and help catch up with larger rival Scientex, he said.

While the company expects to complete a purchase within a year, "a deal could happen any time," Ang said without elaborating.

Thong Guan manufactures stretch films, garbage bags, industrial bags and plastic food wrap, which collectively make up close to 90% of its total revenue. The company also has a food-and-beverage arm that makes tea and coffee products.

Scientex, one of the world's largest producers of industrial stretch film, currently produces up to 298,000 tons per year. Thong Guan has a total capacity of 120,000 tons a year and is adding production lines for stretch film and food wraps, while mulling capacity expansion for other products.

"We can't deny size is important and we cannot be too far behind," competitors such as Scientex as that could diminish the company's ability to negotiate favorable trade terms with suppliers and financiers, said Ang.

Thong Guan expects to sustain the 10% revenue growth posted in the first quarter of this year, driven mostly by capacity expansion, Ang said.

Higher sales of value-added products such as nano-layer films -- super-thin stretch wraps that can shave 30% off the weight of traditional packaging while being more durable -- could push pre-tax margin level above the current 9.7%, he said.

"Global trade growth has had a very positive effect on demand, especially from Korea and China," Ang said. The company will gradually shift to higher margin products such as plastic gloves, he said.

This could help the company achieve its target of exceeding a billion ringgit in packaging product revenue by 2020, Ang said.

Thong Guan reported a 50.8% increase in net profit in 2016 to 58.09 million ringgit from 38.51 million ringgit a year ago. Revenue grew 5% in that period to 746.85 million ringgit from 710.99 million ringgit a year earlier.

Shares of Thong Guan that have lost 1.89% so far this year are currently unchanged at 4.15 ringgit. http://asia.nikkei.com/Markets/Nikkei-Markets/INTERVIEW-Thong-Guan-Industries-In-Talks-To-Buy-Packaging-Company-For-About-100-Million-Ringgit-Official?page=2

Posted by fattycat > 2017-07-12 20:14 | Report Abuse

i wanna buy more ...pls drop below rm4

Posted by Chong Jiunn Hau > 2017-07-13 15:43 | Report Abuse

another 2.5m loan stocks kick in to dilute the EPS...

Posted by Lee Chee Hoe > 2017-07-18 16:31 | Report Abuse

Up 9 cent today - smell somethings

Posted by Lee Chee Hoe > 2017-07-18 16:33 | Report Abuse

double bottom rebound

Posted by fakhrul3379 > 2017-08-02 10:30 | Report Abuse

Ahh, now triple bottom

Posted by csan > 2017-08-03 11:32 | Report Abuse

i think market has over-exaggerated the strength of ringgit going forward into thong guan's price. 1MDB scandal will limit the strength of ringgit.

Posted by mjsim1990 > 2017-08-05 21:59 | Report Abuse

New restaurant in Pavillion, go support and contribute to their revenue guys LOL

Posted by mjsim1990 > 2017-08-05 22:00 | Report Abuse

Scare later no biz and end up like Tim Ho Wan

Posted by Yap Yangg > 2017-08-09 20:16 | Report Abuse

lol 600 volume only

Posted by klc9357 > 2017-08-14 12:32 | Report Abuse

Good news today!
http://www.thestar.com.my/business/business-news/2017/08/14/thong-guan-to-increase-capital-expenditure-by-a-third/

Posted by lloydlim > 2017-08-14 16:13 | Report Abuse

Yeah... good news but don't b excited too early, better wait for qtr result 1st.

Posted by Simple man > 2017-08-14 22:59 | Report Abuse

wait and see

Posted by Lim HangKok > 2017-08-14 23:08 | Report Abuse

http://www.theedgemarkets.com/article/thong-guan-eyes-list-unit-hks-gem

Posted by Chan SauWei > 2017-08-21 16:35 | Report Abuse

Don't expecting good result for this coming qr

Posted by WarrenColdeye > 2017-08-22 00:19 | Report Abuse

Why Chan SauWei?

Posted by WarrenColdeye > 2017-08-22 00:20 | Report Abuse

Pls enlighten us?

Posted by popo92 > 2017-08-22 15:33 | Report Abuse

Engine will not start until q4?

Posted by Chong Jiunn Hau > 2017-08-23 23:21 | Report Abuse

2nd consecutive day of large purchase after 4.30pm to push up the share price. fishy smell...

Posted by CKCS > 2017-08-24 08:43 | Report Abuse

Nothing is more fishy than u...!! A fishy COWARD...LMAO

Posted by WarrenColdeye > 2017-08-24 13:15 | Report Abuse

1. Dato' Ang 在一月发布会上曾说过: 2016 的盈利为5100万 而 2017 放眼突破 7000万。
2. LDPE 原料价格 2-3月时的高价位从 4月开始降价，那么 TGuan 的盈利是否会在这个季度随着增长呢?
3. TGuan 的新机器已经在今年开始运作了，但是Q1的业绩并没有明显的增长，Q2是否会开始贡献呢?
4. TGuan 已经沉睡了一年了，是不是该在这个季度醒过来呢?
5. TGuan 的PE现在才9X 而同行都trade在15-25X，那Tguan的上升空间有多大呢?
6. TGuan 每年不停的投入capex，明年甚至把capex增加，所以长期持有这个股是肯定没错的。。。。

Posted by Chong Jiunn Hau > 2017-08-24 17:14 | Report Abuse

Same shxt happened 3rd consecutive day. Large volume purchase after 4.30pm…

Posted by WarrenColdeye > 2017-08-24 18:03 | Report Abuse

TGuan buy back own shares to support? Same like what Sunway did last year..

Posted by Chong Jiunn Hau > 2017-08-24 19:19 | Report Abuse

I dont think so. No bursa announcement pun. Retail share is already very low in the market, i dont think TGuan will buy back so much share to further reduce the liquidity which is already very limited.

Posted by WarrenColdeye > 2017-08-24 19:23 | Report Abuse

Yeah.. true. Sunway made announcement whenever there was share buy back.

Posted by Chong Jiunn Hau > 2017-08-24 20:04 | Report Abuse

Could be insider accumulating. good QR coming? *Finger crossed*

Posted by Chong Jiunn Hau > 2017-08-24 20:11 | Report Abuse

If the director aim to get 70mil NP in FY2017, balance 57mil NP to go (Q1 13 mil NP), so need to get an average of 19mil NP/Q in the next 3Qs, really?

Posted by mantua39 > 2017-08-24 21:24 | Report Abuse

Why not? NP for 2Q16 & 4Q16 were both more than 18m each, so 19m is achievable.

Posted by WarrenColdeye > 2017-08-24 21:47 | Report Abuse

Wait and see..

Posted by Chong Jiunn Hau > 2017-08-24 22:49 | Report Abuse

盈利=NP or PBT?

Posted by WarrenColdeye > 2017-08-24 23:30 | Report Abuse

Sorry for the misleading informatiom concerning point 1. It was based on a Nanyang article in January but i found that the figures given were not tally with the Bursa announcements. However, the article says 70mil PBT. 70mil PBT is nothing exciting actually....

Posted by Chong Jiunn Hau > 2017-08-25 00:34 | Report Abuse

yeah, last year PBT was already 69 mil

Posted by newbiecc > 2017-08-25 14:00 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5526153

Posted by sharegain > 2017-08-25 14:21 | Report Abuse

Profit drop though so many machines have been installed. Based on enlarge share base of 184m, the adjusted PE already 16. No dividen declared also.

Posted by Chong Jiunn Hau > 2017-08-25 15:13 | Report Abuse

404 mil revenue in 1h2017 vs 373 mil revenue in 1h2016, 10% increased. good.

Posted by WarrenColdeye > 2017-08-25 15:52 | Report Abuse

Prospect: More machines under commissioning in this qtr, more contribution from the Capex will be seen in coming qtrs...

Posted by Yap Yangg > 2017-08-25 15:54 | Report Abuse

sharegain, what do u mean by so many machines have been installed? 2nd nano layer stretch film & 8th PVC machine will only start operating in Q317

Posted by Yap Yangg > 2017-08-25 15:58 | Report Abuse

Furthermore, Q216 got 2 million forex gain & 2 million gain on disposal.
However, this quarter Q217 recorded about 1 million forex loss.
So, we can conclude that the core net earning of Thong Guan improved significantly.
(To be fair, I must admit that the S&D expenses keep rising maybe due to more advertisement of F&B department)

Posted by soojinhou > 2017-08-25 15:59 | Report Abuse

The nano line should be in by July, so will see significant impact on 3Q17

Posted by WarrenColdeye > 2017-08-25 16:10 | Report Abuse

Top and bottom line both improving

Posted by sharegain > 2017-08-25 16:12 | Report Abuse

Chong, i mean since the 1st nano machine being installed, no additional profit being generated. Do not expect too high for 2nd nono machine

Posted by xcu843 > 2017-08-25 16:49 | Report Abuse

revenue increase but earning per share not move.

Posted by Chan SauWei > 2017-08-25 17:35 | Report Abuse

Expected result no so good... Wait for next 2 quarter....

Posted by Chong Jiunn Hau > 2017-08-25 17:49 | Report Abuse

"30 June 2017 (2Q17), the Group registered a revenue of RM205.26 million as compared to RM183.52 million recorded in 30 June 2016 (2Q16). The 12% increase in revenue was mainly due to the increase in sales volume of its plastic products and is mainly from export sales."

"The Group has managed to increase its gross profit margin during the current quarter especially from export sales of premium stretch films, PVC food wrap and industrial bags. However, the PBT of plastic products for 2Q17 of RM16.54 million is lower than the PBT of 2Q16 of RM16.69 million as the 2Q16 PBT includes an amount of RM2.02 million which arise from the gain from disposal of machinery."

sharegain, the new machine did improved revenue by 21mil and PBT by 1.8mil (exclude 2.02mil one time gain from disposal of PPE) vs 2Q16. So the set back mainly came from the F&B sector and forex loss 1.3 mil (vs 2Q2016 forex gain 503k).

Posted by Chong Jiunn Hau > 2017-08-25 17:53 | Report Abuse

definitely looking forward a higher revenue and PBT in QR 3Q2017 since the 2nd nano layer stretch film and 8th PVC machine start contributing in this Q

Posted by Chong Jiunn Hau > 2017-08-25 17:57 | Report Abuse

btw, same shxt happened again, 4th consecutive days. high purchase volume after 4.30pm to push the share up... did somebody cooking something?