TONG HERR RESOURCES BHD

KLSE (MYR): TONGHER (5010)

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Last Price

1.80

Today's Change

-0.03 (1.64%)

Day's Change

1.80 - 1.81

Trading Volume

40,000

Financial

Show?
Last 10 FY Result
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Revenue 523,864 513,101 598,033 988,585 752,279 555,000 646,725 798,435 694,103 573,426 599,085 562,440 0.68%
PBT 22,256 11,536 15,506 112,387 95,196 44,944 48,101 80,720 82,315 66,400 11,721 50,955 -12.37%
Tax -5,586 -4,727 -5,718 -24,980 -21,813 -7,828 -24,054 -14,754 -16,173 -11,215 -9,093 -9,092 -5.01%
NP 16,670 6,809 9,788 87,407 73,383 37,116 24,047 65,966 66,142 55,185 2,628 41,863 -14.90%
-
NP to SH 9,758 1,934 6,422 82,537 64,133 30,931 19,765 60,948 57,414 45,231 -3,109 30,206 -15.79%
-
Tax Rate 25.10% 40.98% 36.88% 22.23% 22.91% 17.42% 50.01% 18.28% 19.65% 16.89% 77.58% 17.84% -
Total Cost 507,194 506,292 588,245 901,178 678,896 517,884 622,678 732,469 627,961 518,241 596,457 520,577 1.36%
-
Net Worth 535,777 535,777 554,199 563,411 498,966 480,542 472,102 454,213 429,899 367,396 352,437 342,592 5.48%
Dividend
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Div 23,027 11,513 30,703 23,027 30,705 15,352 18,513 40,168 27,835 13,121 7,552 7,585 16.79%
Div Payout % 235.99% 595.34% 478.10% 27.90% 47.88% 49.64% 93.67% 65.91% 48.48% 29.01% 0.00% 25.11% -
Equity
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Net Worth 535,777 535,777 554,199 563,411 498,966 480,542 472,102 454,213 429,899 367,396 352,437 342,592 5.48%
NOSH 157,430 157,430 157,430 157,430 157,430 157,430 157,430 154,494 157,430 157,430 125,870 126,417 2.46%
Ratio Analysis
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
NP Margin 3.18% 1.33% 1.64% 8.84% 9.75% 6.69% 3.72% 8.26% 9.53% 9.62% 0.44% 7.44% -
ROE 1.82% 0.36% 1.16% 14.65% 12.85% 6.44% 4.19% 13.42% 13.36% 12.31% -0.88% 8.82% -
Per Share
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
RPS 341.24 334.23 389.55 643.95 489.99 361.50 419.18 516.81 448.85 437.02 475.95 444.91 -1.46%
EPS 6.36 1.26 4.18 53.76 41.77 20.15 12.81 39.45 37.13 34.47 -2.47 23.89 -17.59%
DPS 15.00 7.50 20.00 15.00 20.00 10.00 12.00 26.00 18.00 10.00 6.00 6.00 14.30%
NAPS 3.49 3.49 3.61 3.67 3.25 3.13 3.06 2.94 2.78 2.80 2.80 2.71 3.23%
Adjusted Per Share Value based on latest NOSH - 157,430
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
RPS 332.76 325.92 379.87 627.95 477.85 352.54 410.80 507.17 440.90 364.24 380.54 357.26 0.68%
EPS 6.20 1.23 4.08 52.43 40.74 19.65 12.55 38.71 36.47 28.73 -1.97 19.19 -15.79%
DPS 14.63 7.31 19.50 14.63 19.50 9.75 11.76 25.52 17.68 8.33 4.80 4.82 16.78%
NAPS 3.4033 3.4033 3.5203 3.5788 3.1694 3.0524 2.9988 2.8852 2.7307 2.3337 2.2387 2.1762 5.48%
Price Multiplier on Financial Quarter End Date
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Date 28/06/24 28/06/24 29/12/23 30/12/22 31/12/21 31/12/20 31/12/19 31/12/18 29/12/17 30/12/16 31/12/15 31/12/14 -
Price 2.29 2.29 2.38 3.08 2.91 2.33 2.28 3.55 4.02 2.04 2.02 2.02 -
P/RPS 0.67 0.69 0.61 0.48 0.59 0.64 0.54 0.69 0.90 0.47 0.42 0.45 3.43%
P/EPS 36.03 181.78 56.89 5.73 6.97 11.57 17.80 9.00 10.83 5.92 -81.78 8.45 23.58%
EY 2.78 0.55 1.76 17.46 14.35 8.65 5.62 11.11 9.24 16.90 -1.22 11.83 -19.06%
DY 6.55 3.28 8.40 4.87 6.87 4.29 5.26 7.32 4.48 4.90 2.97 2.97 12.23%
P/NAPS 0.66 0.66 0.66 0.84 0.90 0.74 0.75 1.21 1.45 0.73 0.72 0.75 -1.40%
Price Multiplier on Announcement Date
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Date 26/08/24 26/08/24 27/02/24 27/02/23 25/02/22 22/02/21 24/02/20 27/02/19 26/02/18 28/02/17 29/02/16 25/02/15 -
Price 2.06 2.06 2.39 3.08 3.18 2.65 2.12 4.03 4.10 2.16 1.97 2.25 -
P/RPS 0.60 0.62 0.61 0.48 0.65 0.73 0.51 0.78 0.91 0.49 0.41 0.51 2.00%
P/EPS 32.41 163.52 57.13 5.73 7.61 13.15 16.55 10.22 11.04 6.27 -79.76 9.42 22.15%
EY 3.09 0.61 1.75 17.46 13.14 7.60 6.04 9.79 9.06 15.96 -1.25 10.62 -18.14%
DY 7.28 3.64 8.37 4.87 6.29 3.77 5.66 6.45 4.39 4.63 3.05 2.67 13.52%
P/NAPS 0.59 0.59 0.66 0.84 0.98 0.85 0.69 1.37 1.47 0.77 0.70 0.83 -2.51%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
7 people like this. Showing 50 of 668 comments

Peace99

Already collected 20sen dividend this year, another 5sen coming, never regretted though bought at its high, haha

2021-10-22 11:56

UnicornP

Demand to gradually improve in coming months.

2021-12-06 10:10

cheahsk

there is very little float and that is why no trading volume. Buy and keep for dividend and if it continues to make profit maybe cash repayment?

2021-12-25 17:44

thesteward

Tongher aluminium related ?
Eps so high above 30
Pe below 10
Fasteners right industry at this time
Can’t believe this stock still below rm3.50

2022-02-10 12:16

thesteward

If can break 3.10 got likelihood spike high monitor closely

2022-02-16 10:43

thesteward

Hopefully can goto at least 3.50

2022-02-17 08:55

thesteward

Like can spike soon

2022-02-22 08:27

thesteward

Look at aluminum prices

2022-02-22 08:27

thesteward

Not many retailers realised yet . Guess will only realised when n if price spike

2022-02-22 10:44

4086

if chinwell can do it. tongherr can do it as well

2022-02-24 09:26

donald770

With its high dividend ( about 11 percent), give it 8 percent dividend valuation, it is worth about 4 to 5 ringgit.

2022-02-26 17:17

lizarazu

tongher is next pmbtech

2022-03-18 21:44

moneySIFU

Another good dividend stocks with consistent Nickel price up trending, it will only benefit Tongher in short & mid term

2022-04-05 16:15

moneySIFU

Management has been actively and work tireless to build up its inventory level, giving the fact that Nickel has increased more than 50% compared to the closing price @ 31/12/2021

Tongher has positioned itself very well

2022-04-05 16:20

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Tongher is well managed and profitable. It delivers dividends regularly and due to its low share prices (most of the time), the dividend yields are quite high (6% - 8%).

It is a cyclical stock. Those who bought this stock when its price was at a cyclical low should enjoy very good reward. This coincides with period when the EPS is low, the PE is obviously high and DY is high, compared to its historical trends. Those who bought when the price was at its cyclical high would have great difficulty recovering their losses or will take a long term to break even, even with the regular dividends received.

2022-04-07 17:47

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Underweight cyclicals, overweight defensives.

2022-04-07 23:17

stockraider

My view is totally different from 3iii here loh!

Is tongher overvalue at this price leh ??

Look at financial facts mah!

Share price Rm 3.15!

Dividend 20 sen!

Eps Rm 0.41 !

Nta Rm 3.25 per share.

Balance sheet & cashflow rock solid with net cash & good positive cashflow!

The management of excellent have good track record mah!

Consider good investment loh...!
U want to buy at Rm 2.00 like 3iii suggested ah ??

Go day dreaming loh!

2022-04-09 10:59

moneySIFU

Next near term target = RM3.50

RM4.00 is not impossible

2022-04-21 13:31

auditorandconsultant

这个Tongher 会不会越来越好呢?

下个月5月31号,ex date for dividend 说真的15分钱非常大方了啊

会不会同时也提早declared interim dividend for FY2022呢

期待奇迹再现。蔡氏家族不错的哦

2022-04-26 16:27

Dakewlest

Good result. Why no interim dividend like last year?

2022-05-27 18:31

stockraider

Opportunity to buy mah!

2022-05-28 11:03

4086

woooo got 15 sen dividend again. hopefully break previous high RM 4

2022-05-29 18:30

MG9231

that is final dividend of 2021 but declare in this 1st Q of 2022

2022-05-29 18:36

Dakewlest

Apa sudah jadi?

2022-06-07 23:41

snowball2000

What's wrong with TONGHER? Why sudden big decline?

2022-07-27 10:48

snowball2000

Very small volume though...

2022-07-27 11:13

Dakewlest

No dividend announced. Apa sudah jadi?

2022-08-29 17:26

Kensington

Based on the Co's Dividend History, Tongher would likely announce an interim dividend for FY2022 in November 2022 and a final for FY2022 in March/April 2023.
Judging on the excellent results reported in the first 2 quarters of FY2022, I think the Co could reward the shareholders with higher dividends than the 5sen/15sen for FY2021.

2022-10-28 16:06

donald770

Up for treating. Positive qr

2022-11-30 04:53

donald770

Up for treating.

2022-11-30 04:54

donald770

All factors taken into consideration,it is in worth investing.

2022-11-30 04:56

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Open
3.03
High
3.07
Low
3.03
Mkt cap
483.31M
P/E ratio
5.10
Div yield
4.95%
52-wk high
3.27
52-wk low
2.77

2023-01-06 11:42

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Security LastPr PE DY% Divcts ROE ttm-marg
TONGHER (Metals) 3.08 5.87 6.5 20 14.29 8.3

2023-03-30 16:36

NatsukoMishima

NP keeps dropping , share price dividen will also tumble !

2023-09-08 10:29

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

How do you invest in Tongher?

From 2009 to 2023
Tongher's earnings were cyclical.
During this period, its EPS peaked in 2010, 2014, 2017/18 and 2022.
Its PE similarly showed cyclical pattern: lower PEs in 2011, 2013/14, 2017and 2021.

During this period, its earnings were lowest in 2009, 2012, 2015 and 2019.
Its PE was highest in 2009, 2012, 2015 and 2019.

From 2009 to 2022 (14 years),
its cumulative total EPS was 334.08 sen or averaging 23.9 sen per year
its cumulative distributed EPS was 205 sen or averaging 14.6 sen per year.
Its DPO ratio = 61.4%.


The price chart of Tongher during this period is also very interesting and characteristically cylical. The price chart followed the cyclical pattern of the EPS chart (price was high when EPS was high), and the pattern exhibited the opposite of the PE chart (price was high and PE correspondingly was low).

2023-09-09 13:15

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

From 2009 to 2023, its price was highest of 4.48 per share in 2017 and lowest of 1.23 per share in 2020.

At average dividend of 14.6 sen per year, the high DY was 11.9% (assuming you bought the share at the lowest price of RM 1.23 per share) and the low DY was 3.36% (assuming you bought at the highest price of RM 4.48 per share)

How to time your buying and selling of Tongher, a cyclical stock?

2023-09-09 13:31

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Tongher continues to deliver good dividends yearly. To profit from investing in this stock, just do not buy when it was obviously high priced (corresponding to time of high EPS and low PE ratio)

2023-09-09 13:34

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

High PEs of Tongher
2009 34.7x
2012 34.7x
2015 64.07x
2019 34.67x


Low PEs of Tongher
2011 6.03x
2013/14 6.09x
2017 5.17x
2021/22 5.08x

2023-09-09 13:43

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

TONGHER Financial Information

Market Capital (RM) : 409.32m
EPS (cent) : 24.95
Number of Share : 157.43m
P/E Ratio : 10.42
ROE : 6.95%
Dividend (cent) : 20.000 ^
Dividend Yield : 7.69%
NTA (RM) : 3.590
P/B Ratio : 0.72

2023-09-09 13:47

NatsukoMishima

This stock will drop back to rm 1.70 suppporting level next year ! Copy down n mind my words !

2023-09-22 13:03

Stead

Agree with you about RM1.70.

2023-12-06 19:51

Jnlee

2.380no one interested?

2024-01-10 13:29

NatsukoMishima

All insider resign run already , the worst is yet to come !

2024-02-14 15:34

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Tongher is well managed and profitable. It delivers dividends regularly and due to its low share prices (most of the time), the dividend yields are quite high (6% - 8%).

It is a cyclical stock. Those who bought this stock when its price was at a cyclical low should enjoy very good reward. This coincides with period when the EPS is low, the PE is obviously high and DY is high, compared to its historical trends. Those who bought when the price was at its cyclical high would have great difficulty recovering their losses or will take a long term to break even, even with the regular dividends received.

2022-04-07 17:47


The above was what I posted 2 years ago. The statement remains true. Keep it simple. Keep it safe.

2024-02-28 07:35

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

28.2.2024

TONGHER Financial Information

Revenue (TTM) ... Net Profit (TTM) ... Net Margin (TTM)
598.03M ... 6.42M ... 1.10%

EPS (TTM) ... P/E Ratio ...ROE
4.08 ... 58.58 ... 1.13%

P/B Ratio ... NTA
0.66 ... 3.61

5y CAGR - Revenue .... 5y CAGR - Profit
2.50% .... -

Dividend (cent) .... Dividend Yield ....PRICE
20.000 ^ .... 8.37% .... 2.39

2024-02-28 07:42

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Cyclical stock
Low EPS and High PE

When is the time to buy?
When is the time to sell?

A good dividend yielder stock too.

2 months ago

jeffrey1166

i keep buying

2 months ago

Leesa688

Keep dropping. Whats wrong with this company?

2 months ago

jeffrey1166

next qr will rebound

2 months ago

NatsukoMishima

Old boss already left and now eat old rice only until dividen lesser n lesser , share price keep dropping to new low every month ! Hold longer loss bigger !

3 weeks ago

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