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 2 days ago

yfchong

5,868 posts

Posted by yfchong > 2019-11-08 19:27 | Report Abuse

Ho sieh

yfchong

5,868 posts

Posted by yfchong > 2019-11-08 19:50 | Report Abuse

Bonus issue

bwho

86 posts

Posted by bwho > 2019-11-08 22:15 | Report Abuse

what is so good about bonus issue = earning dilution better increase dividen payment

Ncm88

1,219 posts

Posted by Ncm88 > 2019-11-08 22:26 | Report Abuse

Dilution is better la duh.. u see now no liquidity the price fluctuate not nice at all

bwho

86 posts

Posted by bwho > 2019-11-09 06:26 | Report Abuse

presently eps =29.85 div yield =2.66% assuming this year if eps can go to=40.00 div yield =5% i believe the share price should trade above rm4.00

yfchong

5,868 posts

Posted by yfchong > 2019-11-09 06:48 | Report Abuse

Happy Saturday.low hdpe price... Selling price good.

yfchong

5,868 posts

Posted by yfchong > 2019-11-10 10:06 | Report Abuse

Happy Sunday all... Monday will be exciting

yfchong

5,868 posts

Posted by yfchong > 2019-11-10 17:41 | Report Abuse

Hope can see north star

yfchong

5,868 posts

Posted by yfchong > 2019-11-13 17:23 | Report Abuse

Ai seh

Vkpgkl

11 posts

Posted by Vkpgkl > 2019-11-14 21:36 | Report Abuse

My average price 2.3 , Hopefully best QR

yfchong

5,868 posts

Posted by yfchong > 2019-11-15 16:08 | Report Abuse

Bonus issue Ada boh

yfchong

5,868 posts

Posted by yfchong > 2019-11-16 11:06 | Report Abuse

Ah guan......... How

popo92

578 posts

Posted by popo92 > 2019-11-18 10:28 | Report Abuse

Dumb dumb hold

yfchong

5,868 posts

Posted by yfchong > 2019-11-18 12:36 | Report Abuse

Dun know how long it will run

chl1989

2,552 posts

Posted by chl1989 > 2019-11-18 13:07 | Report Abuse

rm4

yfchong

5,868 posts

Posted by yfchong > 2019-11-18 15:13 | Report Abuse

Yes... Rm. 4 OK boh...

Posted by danielleesing > 2019-11-18 16:02 | Report Abuse

THONG GUAN INDUSTRIES BHD is spending between RM30mil and RM40mil this year to expand its stretch film, PVC food wrap and other businesses.

Group managing director Datuk Ang Poon Chuan told StarBiz the expansion would raise the production capacity of the stretch film division to 85,000 tonnes by the end of 2019 from 75,000 in 2017.

“We are also adding two more lines to add two production lines for the PVC food wrap division.

“This will further increase our production capacity by 1,800 tonnes per annum.

yfchong

5,868 posts

Posted by yfchong > 2019-11-18 16:05 | Report Abuse

See can close 4.00 rm

Dangel

422 posts

Posted by Dangel > 2019-11-18 18:45 | Report Abuse

Auto pilot mode to the north now!

Posted by zakaria444 > 2019-11-19 10:35 | Report Abuse

In this aspect, this fulfills the Group’s aspirations to continue growing and eventually become one of the largest PVC food wrap producers in the Asia Pacific,” Ang added.

The group is also working on penetrating into new markets in Latin America, and the US. “There are countries in Latin America who prefer to source stretch film and garbage bags from Asian countries.

chl1989

2,552 posts

Posted by chl1989 > 2019-11-19 14:33 | Report Abuse

results is superb

yfchong

5,868 posts

Posted by yfchong > 2019-11-19 15:24 | Report Abuse

Vol has not crossed 500k

Posted by chengcheekaan > 2019-11-19 17:38 | Report Abuse

Crossed already, then?

yfchong

5,868 posts

Posted by yfchong > 2019-11-20 09:43 | Report Abuse

Price move down

GLNT

566 posts

Posted by GLNT > 2019-11-20 19:47 | Report Abuse

Hahahaha hahaha! Fantastic profits with all time high revenue!

Jengacam

356 posts

Posted by Jengacam > 2019-11-20 19:47 | Report Abuse

Fuh. Eps high

cheoky

2,823 posts

Posted by cheoky > 2019-11-20 19:56 | Report Abuse

Excellent ah guan. A thumb up

chl1989

2,552 posts

Posted by chl1989 > 2019-11-20 20:21 | Report Abuse

told you guys yesterday

chl1989

2,552 posts

Posted by chl1989 > 2019-11-20 20:21 | Report Abuse

rm4

Posted by PotentialGhost > 2019-11-20 20:40 | Report Abuse

RM 5.00 kekeke

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2019-11-20 20:47 | Report Abuse

Potential

Posted by Fabien "The Efficient Capital Allocater" > 2019-11-20 20:48 | Report Abuse

Profit margin expanded to 6%

Annualised ROE 11% (>10%)
Annualised ROIC 18% (even better >15%)
Earnings yield 15.93%

PER 7.8x
Ex cash PER 7x

sharegain

45 posts

Posted by sharegain > 2019-11-20 20:58 | Report Abuse

Quarter report mentioned about courier bags numerous times. I think prospect for this business is very good.

Posted by PotentialGhost > 2019-11-20 21:26 | Report Abuse

If exclude Share option expenses 2.3m , profit would be 19.6m !!!!

yfchong

5,868 posts

Posted by yfchong > 2019-11-20 21:43 | Report Abuse

Keng

yfchong

5,868 posts

Posted by yfchong > 2019-11-20 21:44 | Report Abuse

Awesome

yfchong

5,868 posts

Posted by yfchong > 2019-11-20 21:48 | Report Abuse

Tomorrow gap up

Davidl

1,816 posts

Posted by Davidl > 2019-11-20 21:49 | Report Abuse

Really awesome! PER should b 13 by right.

yfchong

5,868 posts

Posted by yfchong > 2019-11-20 22:00 | Report Abuse

If next Q maintain 18 mil... ok ho sieh

RainT

8,448 posts

Posted by RainT > 2019-11-20 23:48 | Report Abuse

WAH finally this TGUAN out good result

Ncm88

1,219 posts

Posted by Ncm88 > 2019-11-21 00:11 | Report Abuse

Good qr since 3 months ago lol

Icon8888

18,659 posts

Posted by Icon8888 > 2019-11-21 06:36 | Report Abuse

Good very good

ongkkh

220 posts

Posted by ongkkh > 2019-11-21 06:48 | Report Abuse

Icon is early bird ah?

Posted by Investor 9999 > 2019-11-21 08:41 | Report Abuse

Tguan (21 Nov 2019)

Investment merits
Vision to be RM1 billion enterprise is achievable and will attract institutional investors in due course with a premium valuation.

Sustainable 4 qtrs of net profit after tax with ongoing expansion over the last 18 mths

Rolling 4 qtrs to 30 Sept 2019 PBT, Net Profit, EPS are RM77.285 mil, RM62.906 and 42.08 Sen respectively and share price now 315

In its previous glory day back in 2017 for the qtr ended 30 Sept 2017 Rolling 4 qtrs PBT, Net Profit, EPS are RM69.621 mil, RM58.142 and 33.51 Sen respectively and share price then was 424 at 30 Nov 2017. From 30 Aug 2017 to 30 Nov 2017 the closing share price range 418 to 424.

With current rolling 4 qtrs net profit of RM69.621 mil and EPS of 33.51 Sen to 30 Sept 2019 compared to the LOWER 4 rolling qtrs to 30 Sept 2017 with net profit of RM58.142 mil and diluted EPS of 33.51,
MR MARKET WILL WAKE UP TO ITS UNDERVALUATION AND RM4 will be there shortly if Mr Market study history of its share price

GLNT

566 posts

Posted by GLNT > 2019-11-21 08:47 | Report Abuse

Kenanga analyst is always the super lagger, always upgrading target price to chase the stock price. Should be the other way round right? We'll see them upgrading again.

GLNT

566 posts

Posted by GLNT > 2019-11-21 08:56 | Report Abuse

The Group has completed commissioning its fourth premium stretch film production line, a new blown film extrusion line and its 11th PVC food wrap line during the quarter. With the additional capacity coming on stream and the continued expansion of the courier bags and other product divisions, the Group is optimistic to continue its upward trend in sales volume and profitability.

member41

3,718 posts

Posted by member41 > 2019-11-21 09:07 | Report Abuse

wow up 22

Icon8888

18,659 posts

Posted by Icon8888 > 2019-11-21 09:25 | Report Abuse

can chase at this price, if you have spare cash

likely can go RM4 within few months

result is excellent, and is likely to grow further ahead due to additional of new production lines

Icon8888

18,659 posts

Posted by Icon8888 > 2019-11-21 09:39 | Report Abuse

this quarter strong earning despite ESOS expenses of RM2.3 million

exclude that, net profit will be RM18 mil (after factoring in tax)

if annualised, RM72 mil net profit

at current market cap of RM609 mil, PER is 8.5 times only

fair PE should be at least 12 times

meaning fair value of RM5.0

YiStock

1,984 posts

Posted by YiStock > 2019-11-21 09:58 | Report Abuse

LLDPE crashed

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