Highlights
KLSE: TONGHER (5010)       TONG HERR RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.06   +0.09 (4.57%)  2.02 - 2.07  61,500
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Overview

Market Cap: 324 Million
NOSH: 157 Million
Avg Volume (4 weeks):95,725
4 Weeks Range:1.97 - 2.43
4 Weeks Price Volatility (%):
19.57%
52 Weeks Range:1.23 - 2.73
52 Weeks Price Volatility (%):
55.33%
Average Price Target: 1.56
Price Target Upside/Downside: -0.50
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2020 [#1]  |  29-May-2020
Next QR | Est. Ann. Date: 30-Jun-2020  |  26-Aug-2020
T4Q P/E | EY: 12.02  |  8.32%
T4Q DY | Payout %: 9.49%  |  114.06%
T4Q NAPS | P/NAPS: 3.0037  |  0.69
T4Q NP Margin | ROE: 4.91%  |  5.71%

Headlines

Date Subject
28-Feb-2020 Chin Well Holdings Bhd - V For Virus And Near-Term Volatility
29-Aug-2019 Mplus Market Pulse - 29 Aug 2019

Business Background

Tong Herr Resources Bhd is a Malaysia-based investment holding company. It operates through two segments namely Manufacture and sale of stainless steel fasteners and Manufacture and sale of aluminum products. Additionally, the company is engaged in the production and marketing of stainless steel fasteners such as nuts, bolts, screws and all other threaded items, aluminum extrusion and its related products. It operates geographically across countries like Malaysia, Thailand, Germany, the United States of America and others.
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  7 people like this.
 
Battleman second qrt might not looking good too.
08/06/2019 3:20 AM
Fabien "The Efficient Capital Allocater" tong herr has been through even worse phase before, back in 2015. they have turnaround subsequently. but recent quarters have been impacted badly by the slowing economy. doubt they will reach 5 figure quarterly profit anytime soon.

maybe 3iii has some perspective to share?
08/06/2019 6:08 PM
Battleman 2.71, ...
12/06/2019 11:34 AM
Win188 what happen to Tongherr? keep on dropping...oversold should be rebound soon...
13/06/2019 3:12 PM
Smart Beginners will rebound to 2.8 soon just a matter of time
13/06/2019 4:23 PM
Battleman so long the directors didn't dispose, otherwise something gonna be happen
14/06/2019 1:27 AM
Kpin Yeoh i am doing bottom fishing and expected 30% return in capital gain. This is a niche business less competition promising margin.
14/06/2019 9:33 AM
Kpin Yeoh This counter do not need to monitor closely, healthy balance sheet with good dividend. Remember the share issue is just 157 mil, while Tsai family already holding big portion.
14/06/2019 9:35 AM
Kpin Yeoh Those worst selling price is over, we will able to see the improve of ASP starting next Q and continue back to good dividend yield. For this price tag we can easily fetch a dividend yield of 7% + capital appreciation of 30% within 1 year.

Management proven for many years and good track record of dividend yield. The share issued is only 157 mil.
14/06/2019 1:59 PM
littleangel8 looking forward for 2nd qr result...no doubts is good dividend company, will monitor this counter again
14/06/2019 6:04 PM
Lyo82 The operation of new factory has been delayed due to slow down in demand..This is no good and should be worry about. My advice is do not rush thing, observe longer on how they overcome those unfavorable external factors.
18/06/2019 2:21 PM
Kpin Yeoh This information is no longer valid.
19/06/2019 5:14 PM
Lyo82 I have position in this counter too, but I still don't see it as undervalue now. If anyone will push up, of course I m more than happy, cheers!
21/06/2019 2:06 PM
Lyo82 And remember, they dont have dividend policy.. It is not a must for them to do so.
21/06/2019 2:10 PM
zoomsbooms it's been quite a while since downturn for tongher..the rev was decreased, the profit margin also..company really need to embrace during this tough time..need another 2 quarter before can see what is the direction
21/06/2019 2:19 PM
littleangel8 What if the 2nd quarter result not in good show ? it will bring further down the price...not in everyone favour.
23/06/2019 10:57 PM
bwho if you were to look into the prospect forecast i dun see that the director bother to update their shareholder every quarter copy and paste .by the time they released the results,at least they know how the coming q perfomance.LOL
24/06/2019 7:42 PM
Win188 any idea? hold or sell?
06/07/2019 11:18 AM
mrknowled Director keep buying ..
10/07/2019 11:15 PM
Lyo82 I believe many investors hold this counter for its dividend..

Now the question to be thought and analysed about, is how well Tongherr could fence off the challenges of other suppliers and rising raw material cost, which directly affect the net profit and dividend distribution.

For time being I dont see much coverage or info about their next action plan (including the exact date or new factory commencement). Or may anyone who attended AGM before share the info?

Directors are substantial holder, it make sense to save their own boat.

However shall retail investors jump into this boat now, when still unsure yet if it will keep sinking or rise again?
14/07/2019 4:48 PM
David_share Starting to move up...
22/07/2019 10:54 PM
calvintaneng THERE IS A CO-RELATIONSHIP BETWEEN THESE

1) COCOA PRICE RISE BENEFITS GUAN CHONG

2) NICKEL +RICE RISE BENEFITS TONG HERR

3) SO BALTIC DRY INDEX RISE WILL BENEFIT MAYBULK
05/09/2019 2:23 PM

https://klse.i3investor.com/servlets/forum/600223488.jsp
05/09/2019 2:26 PM
Battleman have a feeling , the quarter won't have good result ...
18/09/2019 11:07 AM
shareinvestor88 Sell TP 1
06/10/2019 12:13 AM
Lyo82 @shareinvestor88 you are over..lol. Why not TP 0.50?
19/10/2019 10:05 AM
Battleman any idea is tongher going to declare dividend ? and how much?
07/11/2019 3:59 PM
David_share Kpin Yeoh
any good sign predict the coming QR ?
19/11/2019 9:42 AM
Battleman there is a possibility to touch RM 2.00
28/11/2019 6:32 PM
d4rthv2d3r this round no dividend?
01/12/2019 10:25 PM
Chiayee no dividends declared..what's happening to tong her...reduced earning
25/12/2019 5:39 PM
Up_down Tongher is traded at 50% discount of the peak and Aluminum price is seen trending upward. Good bargain!
27/12/2019 7:11 PM
cheoky kept donkey years. sometimes it is better to trade it.
but its dividend is a consolation.
28/12/2019 5:01 PM
Up_down Tongher management is quite generous in distributing dividends. Commodity cyclical is out of their control which affects the profit margin.
28/12/2019 5:35 PM
ykloh there is no dividend policy. everything is up to md.
ought to raise standard of governance.
29/12/2019 11:03 PM
d4rthv2d3r RM2 is coming
05/02/2020 8:42 PM
Battleman below 1.30...
23/03/2020 8:46 PM
yangxi this yr mana dividend???senyap
21/04/2020 11:30 AM
bhullar_1972 Dividend coming....need to have AGM...delay due to MCO. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3026039
03/05/2020 11:41 PM
d4rthv2d3r Dividend 0.10 coming soon?
24/05/2020 8:34 PM
zoomsbooms tongher never fail to give a good dividend..and it keep on making good profit!
29/05/2020 7:16 PM
Xcalibre The Group expects the future economic outlook in year 2020 to remain Challenging due to the global slowdown and uncertainty of the Covid-19 pandemic..

The global economy would also be expected on Downward trend, where the global
demand for fasteners and aluminium products would reflect the same.

(Source: Interim financial report 31.3.2020)
01/06/2020 9:09 PM
averose very good for long term investors. keep on giving dividend
01/06/2020 9:36 PM
holihom Why the share price go up so much
02/06/2020 12:23 AM
t_nike2002 Dividend getting lower and lower.. as outlook getting dimmer
02/06/2020 9:13 AM
ykloh No dividend policy. All depends on whims and fancies of the controlling shareholder.
02/06/2020 7:01 PM
Erudite Huh, 8 sens dividend standard wat. They declare twice a yr. 8+12 = 20 sens. DY 8%+. Am I missing sumting?
02/06/2020 8:54 PM
misk_72 Tong Herr 1Q net profit jumps over 150% to RM11.81m----buy & TP
25/06/2020 7:46 AM
misk_72 watch out possibility opening price 10 cents lower than the previous close due to high selling from dividend expiry
26/06/2020 11:31 AM
misk_72 PREVIOUS CLOSE 2.35 TODAY OPEN 2.17 straight down to earth 2.0++...finish loss about 30k++ simply run for dividend
26/06/2020 12:22 PM
tradeview we like this company quite a bit. any weakness is worth consideration.
05/07/2020 11:28 AM


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