KLSE: TGUAN (7034)       THONG GUAN INDUSTRIES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.76   +0.02 (0.73%)  2.67 - 2.77  1,013,200
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Market Cap: 1,064 Million
NOSH: 386 Million
Avg Volume (4 weeks):1,561,583
4 Weeks Range:2.67 - 2.98
4 Weeks Price Volatility (%):
52 Weeks Range:1.95 - 5.66
52 Weeks Price Volatility (%):
Average Price Target: 3.46
Price Target Upside/Downside: +0.70
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2021 [#2]  |  26-Aug-2021
Next QR | Est. Ann. Date: 30-Sep-2021  |  18-Nov-2021
T4Q P/E | EY: 12.64  |  7.91%
T4Q DY | Payout %: 1.42%  |  18.00%
T4Q NAPS | P/NAPS: 1.8003  |  1.53
T4Q NP Margin | ROE: 8.38%  |  12.13%


Date Subject
07-Sep-2021 【行家论股/视频】通源工业 拉伸膜产量再扩张20%
06-Sep-2021 TGUAN – Wrapping Up FY2021 In Fashion!
02-Sep-2021 Trading Stocks - Thong Guan Industries
02-Sep-2021 2QCY21 Results Review - A Better Quarter
02-Sep-2021 Stocks on Radar - Thong Guan Industries (7034)
27-Aug-2021 Thong Guan Industries Bhd - On the Growth Track
05-Jul-2021 Plastics & Packaging - Resilient Momentum
02-Jul-2021 Daily technical highlights – (TGUAN, SCGM)
30-Jun-2021 3Q21 Investment Strategy - Recovery at a Cost
02-Jun-2021 1QCY21 Results Review - Within Expectation
25-May-2021 LiveChat with Thong Guan Industries Bhd - Innovation for Sustainable Efficiency - Kenanga Channel
18-May-2021 Trading Stocks - Thong Guan Industries
17-May-2021 Stocks on Radar - Thong Guan Industries (7034)
21-Apr-2021 Thong Guan Industries Bhd - Unwrapping its potential
30-Mar-2021 Thong Guan Industries Bhd - Spike in Costs = Spike in ASPs
24-Mar-2021 Daily technical highlights – (TGUAN, SCGM)
23-Mar-2021 Stocks on Radar - Thong Guan Industries
13-Mar-2021 通源工业挑战RM2.16/敏源
03-Feb-2021 Mplus Market Pulse - 3 Feb 2021

Business Background

Thong Guan Industries Bhd is a Malaysia based investment holding company. Along with its subsidiaries, the firm is engaged in trading of plastic packaging products. It operates in two segments including Plastic products and Food, beverages and other consumable products. The company generates the majority of the revenue from the plastic products segment which comprises of stretch films, garbage bags, industrial bags and PVC (Polyvinyl chloride) food wrap.
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  14 people like this.
Bgt 9963 Post removed. Why?
27/08/2021 5:20 PM
gemfinder Good chance to topup
27/08/2021 9:57 PM
CHONG Kong Hui This video released in October 2020 when the share price was hot and peaked.

Those bought that time still not yet recover their costs.

Moral of the story, when people give you free candy, it is costly.

Good company don't buy at expensive price.

27/08/2021 11:13 PM
auditorandconsultant Tguan has been overvalued very much. Most investors will take profit as a precaution to anticipate potential collapse of US market soon. I will definitely buy again but not at this price. I will consider only when the price is RM2.10 and below
28/08/2021 1:58 PM
Maxpowar @auditorandconsultant by the looks of it you probably have sold all your shares that’s why you’re shitting on it, just 6 months ago you were buy calling this company saying how you were personally involved with the company and would be holding it. Guess no one will take your words seriously now. Anyway, the share price won’t drop just because you say it’s overvalued. All analysts are still giving buy calls with TP 3.7. If you have sold then be sure not to cry when it further rallies, just saying.
29/08/2021 6:04 AM
xcu843 To buy at 2.10 only can happen in dreaming.
29/08/2021 10:43 AM
CHONG Kong Hui Maxpowar, you noticed the same.
29/08/2021 1:24 PM
auditorandconsultant Maxpowar,

I have nothing to hide. Please relook my comments back in June 2021. I did tell everyone here that based on my analysis and risk appetite due to

1) US monetary and economic policies with my worry on collapse of US market;
2) Political instability;
3) Failure of the country to control Covid-19 and hence the delay in re-opening Economic activities

I have decided to change from Long Term to Mid Term Trading.

I did sell in June when the price was at RM2.69 and at that time I had already taken profit of return of 25% . At the same time, I did tell people like Pinky, LossAversion and some people here that I switched to Short Term Trading and sold already.

Nothing to hide. Investment and stock trading should not be rigid and strategy should be re-monitored and re-assessed from time to time based on conditions.

FYI, I switched to BAT for short term trading from June - July 2021 and made profit again.

Then in July 2021 I bought again MBSB at 0.585 and sold at 0.645 on 26 August 2021.

Nothing to hide. Now I bought BAT again.

Investment strategy is different does not mean I have made a shit on Tguan.

You do not make me laugh non stop. When Analysts set BUY CALL at TP 3.70 and everyone who trusts them I would say Good Luck to all of you.

Based on my experience dealing with most of the Analyst, I knew how they did their works and not only that, it is also proven by a low profile Investment Guru, Gan Kok Ann on his recent book. You could ask around whoever read his book will know.

To me, Tguan is really a good stock, and for whoever bought lower than current price, then okay. For those chasing high, then it is not really a good investment decision based on my experience.

In short,

Long Term -- you can hold for more than 1-2 years regardless of whether US market is collapse, then go ahead as Tguan is a good counter.

Mid or Short Term -- Entry price is important and you need to monitor and take profit as and when the condition mandate you to do so. because probably your holding power is not strong or you do not want to incur opportunity cost for holding too long.

Definitely, I will buy more again when the price is go back to around RM2 - RM2.10

Disclaimer: This is only my personal opinion and view for sharing purpose. Your investment decision should be done at your own discretion and you yourself should be responsible for your own decision.
29/08/2021 3:38 PM
auditorandconsultant @ Pinky

@ LossAversion

You people should know when I commented on 01/07/2021 2:14 PM

@Chong Kong Hui

You also commented and agreed that everyone has own exit price. Refer back your comment on 01/07/2021 5:39 PM

To me, nothing to Hide .....
29/08/2021 3:44 PM
gemfinder U r not auditor n consultant. U r god of saham. Kakaka. Talk kok la u panlai
29/08/2021 3:47 PM
xcu843 This round is different from last round bcos this round it have show improvement on q report. Now is good price to enter
29/08/2021 11:44 PM
donald770 lt is interesting to hear views n opinions. As from now it is on better footing with its q result. As I observed previously this stock tend to swing with limited range. But it could be different as from now. Remember it has invested in Nyamar n it is politically more quiet now. Just my take.
30/08/2021 5:44 AM
Pinky My take on TGUAN - hold

Don't trade for the tiny weeny trading gain
30/08/2021 9:52 AM
Maxpowar @auditorandconsultant Now you use the word “trade”. Just months ago you were chanting on “invest” for the long term. Anyway I’m just calling you out for your inconsistency. Personally it doesn’t affect me as I never had thoughts of selling the shares since I started investing in this company years ago. I see no reason in selling when fundamental is intact, and with record QR, it makes it even more ridiculous to sell.
30/08/2021 10:47 AM
Lanmum Congrats My friends .... Hold and Gain. happy for you guys
30/08/2021 11:25 AM
CHONG Kong Hui @auditorandconsultant
Thanks for your effort to inform us about your changes.
Actually I have sold all TGUAN in July 2021 above RM2.50 as well but don't know why bought it back below RM2.50 early August 2021.

My reason for selling in July 2021 also same as yours, worry about US market and USD issue.
I don't know why I buy back. May be because I simply love TGUAN, the best performing stock in my Portfolio.

My journey in 7034 https://telegra.ph/7034-08-30
30/08/2021 9:00 PM
auditorandconsultant @Chong Kong Hui

Good luck to you. I believe for FA Investor like you, holding for Long Term should not be a problem when the future performance (1-2 years later) could help to improve the Intrinsic Value which will then reflect in the increase of share price. For Long Term Investors, Thong Guan definitely is one of the options.

To me, I switched to short term trading after so many events happened from Biden's victory, Covid-19 worsening conditions, Malaysia's political instability, US Market and etc.

To me, I have many options. So I will opt to choose the best out of the best.

FYI, now I am holding a lot of BAT. 100% of my fund is allocated and invested in BAT.

During early July, I acquired MBSB when its price decreased to 0.58/0.585 and I subsequently sold all on 26 August 2021 when the price rose to RM0.65/0.655. Again I put all eggs in one basket.

My journey from 1 Jan 2021 till 30 August 2021 is exciting yet rewarding. My total Return on Investment (ROI) in just 8 months during year 2021 is 36.17%.

My watch lists comprise mostly 2nd Tier stocks although also have blue chips.

1) Alliance Bank
2) CIMB Bank
3) Thong Guan
4) Cocoaland
5) Asiafile
7) Tunepro
8) Muda
9) Hexza
10) BAT
11) Tongher
12) Uchitech
13) Sunway - PA - identify opportunity for Arbitrage

That why, I have nothing to hide.

To me, investment and trading need to be strategised. They should not be a 1 way fit all method. My strategy has always been assessed and re-assessed to manage my investment risk according to my evaluation of value, risks and profit appetite.

The reason why I said the current price of Thong Guan is overvalued because I factored in Bonus Issue in year 2020 and frequent ESOS which will ultimately dilute the value of each share.

Again, it depends on your own strategy and evaluation of risk, value and profit appetite. Use your own method to maximise ROI to make money is the way!

Last but not least, hope that everyone who is Thong Guan shareholders can continue to prosper and grow together with Thong Guan. All the best.

Disclaimer: The above is only a sharing and not to suggest any investment decision. Remember, BUY or SELL or HOLD at your own discretion and you are responsible for your own money.
30/08/2021 10:47 PM
Tokay111 I think 2.80 is the sentimental price.
01/09/2021 9:49 AM
chengcheekaan "The reason why I said the current price of Thong Guan is overvalued because I factored in Bonus Issue in year 2020 and frequent ESOS which will ultimately dilute the value of each share."

You're promoting TGUAN since early March 2021, where the bonus issue already being completed, and your comment about the fair value of TGUAN above RM3.00 during that period is very well documented.

So, your long essay above didn't explain your basis of saying TGUAN is overvalued very much. Furthermore, TGUAN had just released a much better QR which exceed most of our expectation during March 2021. So to say TGUAN is overvalued very much now does not make any sense.

Perhaps you should be better by saying "I prefer RM2.10 to RM2.8 kind of profit, not RM2.8 to RM3.5 kind of profit". This will be better understood instead of writing non related story about your investment success.

It's not about how many times you make profit or how accurate is your prediction. It's your credibility and consistency.

To me, TGUAN might be undervalued now, but definitely not as much as previous time. Buying now definitely will have a higher risk and lower return compared to few months back.

Do I think it will go up more? Sure. But my avg price is very low so my risk is lower compared to others. So all you need to do is understand your risk profile and the profit you're expecting before deciding.

For example: Say TGUAN can go up to RM3.50, buying now at RM2.80 will give you a potential 25% return, say in 6 months. Is this within your expectation? Some might say yes some might not. So TGUAN can be undervalue but not necessarily is a good choice for you as there are many other stocks in the market than might give you a better return. It's up to you to find it and make your decision.
01/09/2021 10:06 AM
CHONG Kong Hui Just sold 20% of my holding, take some profit first and reduce gearing.

I'm confident it will go up but always have chance it will back to RM2.50 anytime.
01/09/2021 10:10 AM
EatCoconutCanWin I also took profit, sell at 2.78. waiting rm2.00 buy in
01/09/2021 11:42 AM
Pinky Congrats to loyal holders of TGUAN!
02/09/2021 9:07 AM
Bizfuneng yes, congrats to those still holding.
02/09/2021 9:17 AM
LossAversion Yeah, patience pay off!
02/09/2021 10:05 AM
xcu843 Going to 3.
02/09/2021 11:22 AM
investortrader88 My queue buy matched at RM 2.89 this morning.good luck guys .
02/09/2021 12:32 PM
investortrader88 Top 25 shareholders own 65.84% of Thong Guan Industries Berhad

Foremost Equals Sdn Bhd
Eastspring Investments (Singapore) Limited
Public Mutual Berhad
Norges Bank Investment Management
Kumpulan Wang Persaraan
Kenanga Investors Berhad
Neoh Choo Ee & Company Sdn Bhd
Tokio Marine Asset Management Co., Ltd.
Heng Ming Cheam
Poon Ang
Poon Ang
Employees Provident Fund of Malaysia
Poon Ang
Urusharta Jamaah Sdn Bhd
Dynaquest Sdn. Berhad
See Ming Ang
Hwa Lee
Dimensional Fund Advisors L.P.
Credit Suisse, Investment Banking and Securities Investments
UOB-OSK Asset Management Sdn. Bhd.
Syarikat Takaful Malaysia Bhd, Asset Management Arm
Libra Invest Berhad
Mok Khoon Seah
Principal Global Investors, LLC
Maybank Asset Management Sdn Bhd
02/09/2021 12:50 PM
EatCoconutCanWin run... market correction
02/09/2021 2:48 PM
xcu843 Don’t run. Why so takut?
02/09/2021 2:49 PM
gemfinder huat rrr
02/09/2021 2:59 PM
EatCoconutCanWin is a trapped
02/09/2021 3:01 PM
EatCoconutCanWin blind ppl also know is a trapped ..haha
02/09/2021 3:13 PM
LossAversion Luckily sold half at RM2.95. Now waiting for retracement around RM2.71-2.75 to enter again.
02/09/2021 3:43 PM
EatCoconutCanWin Don't touch until correction done..
02/09/2021 3:49 PM
LossAversion ok.got it
02/09/2021 3:50 PM
newbies522 u all so geng...what price can average down?
02/09/2021 4:00 PM
EatCoconutCanWin If we know, still go in here comment meh. Million air liao lo
02/09/2021 4:06 PM
newbies522 haha...true also. Jz seeking more experience advice ma
02/09/2021 4:09 PM
investortrader88 Done top up at RM 2.72.come on operator .I'm waiting you at RM 2.50.if you got balls throw me some tickets !
02/09/2021 4:22 PM
xcu843 Good closing. Tomorrow will come again
02/09/2021 5:02 PM
Pinky Another yo-yo trading day?
03/09/2021 10:31 AM
LossAversion Sometimes fun playing yo-yo...
03/09/2021 10:33 AM
xcu843 Hold tight, it will pass 3 today
03/09/2021 10:40 AM
xuxu long time didn't come here, i m still holding tight.
03/09/2021 4:43 PM
million76 KUALA LUMPUR (Sept 8): Eleven Malaysian outfits have made it to the Forbes Asia’s 2021 Best Under A Billion list, which recognises 200 top-performing publicly listed small and midsized companies in the Asia-Pacific region with sales under US$1 billion.

The Malaysian companies in the list are Comfort Gloves Bhd, D&O Green Technologies Bhd, Dancomech Holdings Bhd, Dufu Technology Corp Bhd, FoundPac Group Bhd, Frontken Corp Bhd, Revenue Group Bhd, Scientex Bhd, Thong Guan Industries Bhd, UG Healthcare Corp Ltd and ViTrox Corp Bhd.
09/09/2021 6:49 AM
mtr27 No point include in forbes 200 if price like shit
10/09/2021 1:04 PM
LossAversion Love Tguan always!
20/09/2021 10:34 AM
Markv572421 Hard to move to RM 3
22/09/2021 11:26 AM
KingKong_Doll Then pls let it drop to RM2 loh.....dun try so hard.....
Take a rest 1st and drop till RM2. I go there support u....lol....then only try again.....
23/09/2021 12:23 PM
Markv572421 hahahahha.....boring counter
23/09/2021 1:34 PM


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