THONG GUAN INDUSTRIES BHD

KLSE (MYR): TGUAN (7034)

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Last Price

1.54

Today's Change

0.00 (0.00%)

Day's Change

1.53 - 1.54

Trading Volume

292,300


14 people like this.

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

Posted by multibagger > 2014-04-27 15:24 | Report Abuse

Some peers comparison, TGuan's valuation still attractive.

PE / PB / Div yield
Daibochi 18.4 / 3.16 / 3.2
SLP 11.2 / 1.42 / 3.89
BP Plastic 12.8 / 0.84 / 5.58
Tomypak 10.5 / 1.36 / 5.88
Scientex** 11.6 / 2.1 / 5.72
TGuan 8.1 / 0.79 / 3.68


** Scientex has property biz, not so comparable.

ykloh

518 posts

Posted by ykloh > 2014-04-27 21:44 | Report Abuse

but all these will change after conversion of ICUL and warrants which are to be issued, which will increase the share base by 75%. Unless if bottom line is also increased substantially. going by past performance, it is unlikely.

pradeep

1,324 posts

Posted by pradeep > 2014-04-27 23:15 | Report Abuse

Multibagger PB stands for what sign ? Nevertheless I will say this stock is germ and the management is good and we have good returns on the long run.

Posted by multibagger > 2014-04-28 07:22 | Report Abuse

HI Pradeep, PB stands for price to book.

HI Ykloh, I agree with you if the bottom line doesn't increase. If that is the case, I will also dump this counter as the management is not doing justice to the fund raised. The rationale behind the fund to be raised is to increase capacity and upgrade machinery, it should hv +ve impact to bottom line.

pradeep

1,324 posts

Posted by pradeep > 2014-04-28 17:37 | Report Abuse

Multibagger thanks but I believe in terms of performance the company is ok

pradeep

1,324 posts

Posted by pradeep > 2014-05-08 21:56 | Report Abuse

EGM on the 28.5.2014 any one of you going for the EGM?

pradeep

1,324 posts

Posted by pradeep > 2014-05-21 18:37 | Report Abuse

See after the EGM and the quarter result will show the performance of the company anyhow I have full confident in this stock

Superb99

6,603 posts

Posted by Superb99 > 2014-05-23 08:51 | Report Abuse

hope can hear some good news...

member41

3,718 posts

Posted by member41 > 2014-05-23 22:06 | Report Abuse

Slowly creeping up. No rush.

member41

3,718 posts

Posted by member41 > 2014-05-28 21:43 | Report Abuse

Nice result keeps getting better.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1638077

member41

3,718 posts

Posted by member41 > 2014-05-29 11:05 | Report Abuse

230 already nice come come

Superb99

6,603 posts

Posted by Superb99 > 2014-05-29 15:09 | Report Abuse

time to dispose? Any target price?

dylontn

27 posts

Posted by dylontn > 2014-05-29 17:14 | Report Abuse

shld be time to accumulate, dividend 8 cts, loan stock wt free warrant also on the way. HAPPY TRADING

Posted by Tiong Yong Soon > 2014-05-29 17:29 | Report Abuse

been keeping for months...px start moving lately...should be good news coming really soon.

stockcrazy

551 posts

Posted by stockcrazy > 2014-05-29 17:55 | Report Abuse

once break 2.47... 1st TP is 2.78, 2nd TP is 3.30, RM 3.30 is not a problem to hit recently....

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-30 09:57 | Report Abuse

Thong Guan Industries
(TGI MK)
Technical BUY with +10.1% potential return
Last price : RM2.28
Target Price : RM2.35, RM2.51
Support : RM2.16
Stop-loss: RM2.15
BUY with a target price of RM2.51 with stop
loss placed below RM2.15. Following a steep
sell-off from the high of RM2.51, TGI’s share
price has recovered gradually from the low of
RM1.90 and has formed a series of higher lows
and higher highs in the last 10 weeks. TGI has
successfully made a breakout from both the
immediate resistance of RM2.42 and the
“cloud” yesterday on the back of a higher
trading volume of 0.66m shares (vs 20-day
average of 0.18m), suggesting upward
continuation hereafter. This is consistent with
the positive MACD and RSI readings, which in
our view signify a strong upward momentum.
We expect TGI to climb higher along the
trendline and retest the previous high of
RM2.51 in the near term.

Superb99

6,603 posts

Posted by Superb99 > 2014-06-04 09:30 | Report Abuse

just declared 8 sen dividend per share but the price is still slow...

member41

3,718 posts

Posted by member41 > 2014-06-04 17:53 | Report Abuse

Crawl up slowly. Just pass 2.3

pradeep

1,324 posts

Posted by pradeep > 2014-06-04 20:24 | Report Abuse

The fundamental of this stock is intact

xcu843

1,062 posts

Posted by xcu843 > 2014-06-08 01:05 | Report Abuse

Why still low? Is it because of issuing LA?

aunloke

974 posts

Posted by aunloke > 2014-06-09 15:03 | Report Abuse

LA at such a price is good for the share holders.

pradeep

1,324 posts

Posted by pradeep > 2014-06-09 21:18 | Report Abuse

As I mention earlier the fundamental of the stock is intact and it will climb slowly

member41

3,718 posts

Posted by member41 > 2014-06-09 21:56 | Report Abuse

Accumulate more. 2.5 coming

pradeep

1,324 posts

Posted by pradeep > 2014-06-10 13:02 | Report Abuse

Member 41 it will breck 2.51 target around 2.80 what do u think

aunloke

974 posts

Posted by aunloke > 2014-06-10 13:36 | Report Abuse

Pradeep, come what may we make money ,I remember you are one of the strong supporters for Tguan when it was around 1.30, let's cheers together and enjoy the winning. What I'm interested now is the ex-LA price which may help us to make more.

pradeep

1,324 posts

Posted by pradeep > 2014-06-10 20:54 | Report Abuse

Aunloke it is not easy to find a good stock we have to be patient if you look overall many are speculative players and at the end of the day very difficult to get a good profit. Let us see whether it can break 2.51 first if it break sky is the limit.

aunloke

974 posts

Posted by aunloke > 2014-06-11 17:43 | Report Abuse

Well, at least our patience paid off, and to further involve watch the ex LA price and its OR it may be worth buying OR and convert to LA.

smetrader

97 posts

Posted by smetrader > 2014-06-12 21:58 | Report Abuse

pradeep, my tp is 2.90, just bought today

pradeep

1,324 posts

Posted by pradeep > 2014-06-12 23:48 | Report Abuse

Smetrader why you say 2.90? it is still a good buy

member41

3,718 posts

Posted by member41 > 2014-06-13 09:35 | Report Abuse

I think 2.8-2.9 can. Been holding almost 2 yr

pradeep

1,324 posts

Posted by pradeep > 2014-06-16 13:24 | Report Abuse

Member 41 I agree with you but must have holding power

member41

3,718 posts

Posted by member41 > 2014-06-16 14:44 | Report Abuse

Pradeep ok let's hold bro. We want iculs. :)

aunloke

974 posts

Posted by aunloke > 2014-06-16 15:11 | Report Abuse

ICUL looks tempting the interesting part is its OR and that will depend on the price of Tguan before ex.

pradeep

1,324 posts

Posted by pradeep > 2014-06-16 16:40 | Report Abuse

Thanks member41

pradeep

1,324 posts

Posted by pradeep > 2014-06-25 20:37 | Report Abuse

Tomorrow is the AGM dividend is good

xncziyi44

124 posts

Posted by xncziyi44 > 2014-06-25 22:33 | Report Abuse

no price target quoted, yet dont understand why i3 invester tp is 1.57.how come .

member41

3,718 posts

Posted by member41 > 2014-06-25 22:35 | Report Abuse

Price target not updated. Just have confidence in Dato ang.

pradeep

1,324 posts

Posted by pradeep > 2014-06-26 21:06 | Report Abuse

I will ride with you member41 if anything to share my email is sanghani58@hotmail.com

member41

3,718 posts

Posted by member41 > 2014-06-26 22:51 | Report Abuse

Haha Pradeep bro I was only told to hold this one long term by some close frens two yr back. Just kept in freezer. Need patience w this one.

pradeep

1,324 posts

Posted by pradeep > 2014-06-27 14:40 | Report Abuse

Member41 this is a very fundamental strong stock to hold , not to worry the way I see but need a lot of patience and I agree with you.

pradeep

1,324 posts

Posted by pradeep > 2014-07-01 11:07 | Report Abuse

It should move to another level soon

pradeep

1,324 posts

Posted by pradeep > 2014-07-02 16:55 | Report Abuse

The support at 2.37 is strong and i think the market need a rest and we need to take profit as the issue of liquidity for this stock may arise

member41

3,718 posts

Posted by member41 > 2014-07-03 23:50 | Report Abuse

Hope it go up next 2 week closer to div ex date

Icon8888

18,659 posts

Posted by Icon8888 > 2014-07-05 12:52 | Report Abuse

my latest article on Thong Guan

tonylim

4,796 posts

Posted by tonylim > 2014-07-05 15:53 | Report Abuse

Tq bro icon

member41

3,718 posts

Posted by member41 > 2014-07-05 16:04 | Report Abuse

Nice write up icon bro

pradeep

1,324 posts

Posted by pradeep > 2014-07-05 23:56 | Report Abuse

iCon888 I like your article you had mention the risk but what is the fair value of this stock, please share with us

Icon8888

18,659 posts

Posted by Icon8888 > 2014-07-07 10:26 | Report Abuse

pradeep i dont have target price for this stock. I think the key is whether they can continue to grow their profit

member41

3,718 posts

Posted by member41 > 2014-07-07 23:08 | Report Abuse

Hehe gg up nicely 2.49

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