Topic LiveChat with Ta Win Holdings Bhd - 2021 New Transformation Plan & Future Prospect Description Ta Win Holdings Berhad has been a leading copper wire and copper rods manufacturing company for over 25 years and listed on the Main Market of Bursa Malaysia under code 7097.
Under the new management since 2018, TAWIN has been undergoing a major transformation. The Company laid out solid plans to transform into a modern diversified and horizontally and vertically integrated copper-related manufacturing business with an international focus. They also aim to strengthen the business of their subsidiary - Cyprium Wire Technology Sdn Bhd to develop its high margin premium grade product portfolios using the innovative electron beam irradiation technology.
TAWIN share price has been on a spectacular run this year. This is likely owing to the expectation of more copper cable sales to Electric Vehicles (EV) segment as they are the leading supplier in the EV industry to Tesla, Ford and GM.
Will this turnaround company make a real comeback this year?
Join our webinar "TAWIN - EV Power the Way!" as we invite their Group Managing Director - Dato Sri' Ngu Tieng Ung, JP and the Managing Director of Cyprium Wire Technology Sdn Bhd - Mr. Justin Wong to share with you their company background, business performance, as well as their transformation plan and future prospect.
The webinar consists of 2 segments; 60-min for content delivery & 15-min for Q&A.
Each webinar session can host up to 500 online pax. Remember to login to the webinar early to secure yourself a spot!
This webinar is brought to you by KenTrade and managed by WealthFort International Sdn Bhd. Time Mar 23, 2021 08:30 PM in Kuala Lumpur
But will remember today, lego, limauais, bilis, dinasour are still here to support when price are pressured down. Also klsebigshark dunno you still hold or not ahaha. Together we will bounce from this!
My concern is the price they intend to set for the price for rights issue. As of now, I have not seen any announcement or indication from the management. If it is a reasonable and fair price, I think its ok to put in money for the longer term prospect.
On the other note, it will be great if more public listed companies can emulate TopGlove in their investor relation and transparency
I always call them as fun manager because they like to play fun with the share price hahaha, maybe for you all they are fund manager and make money from you all, BTW a small show later but I don't think will be interesting, so many small fish here, they lazy to push
Lego the good thing with me is I look at people comment history that’s Why I say cun cun call. But other people will think you negative. Overall still cantik lar but kena wash like this damn pain wei. Are you long in this as well lego?
Tuesday interview but dont put so much hope on that unless there’s slip of tongue from the boss. Last week session with Rakuten didnt help much. What I’m more eager is on the QR. How much have they progress and what further upside they have in future. Also, the JV with Asia poly, any update on contract secured by this new JV.
Can hint to fun manager enough lar. Damn pain dy 3 days :( Lego the man, let's keep it more discreet. Anyway don't worry lar. Here not a lot of people come and respond one. Only when gap up suddenly you see people come and shout rm3.
Summary 1) TAWIN is on full capacity from the order it has as of today.
2) TAWIN current phase one production can cope with at least 50% of all cars in Malaysia if the order is obtained.
3) phase 2 production line is more than 3 times from current it has and it will commence its operation in June or July this years.
4) Global order is increasing from time to time.
5) Automobile will be the key prospect for group.
6) Tawin is looking at profit RM 40m in 2022 taking into consideration of current book order.
7) TAWIN is only one of a few companies in Malaysia obtaining full certification in the automobile industry for supplying hardness cabling especially EV automobile.
8) Transformation of TAWIN from upstream and now to downstream into industry products.
Lastly, boss said TAWIN is under value, but boss didn't say how soon TAWIN will limit up.
Base on RM 40m profit forecast. 25PE will be around RM 1 billion market cap. Base on current RM 271m market cap. To reflect on PE 25, the price of TAWIN can go RM 0.37 x 3.69times = RM 1.37.
This price is based on phase 1 and 30% of phase 2 production.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
valuesearcher
503 posts
Posted by valuesearcher > 2021-03-19 16:08 | Report Abuse
You think Dato Sri Ngu is joker is it mr operator. Really ballsy. Dato Sri, FYA.