KLSE: TGUAN (7034)       THONG GUAN INDUSTRIES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.39   +0.02 (0.84%)  2.36 - 2.39  46,300
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Market Cap: 326 Million
NOSH: 136 Million
Avg Volume (4 weeks):76,058
4 Weeks Range:2.27 - 2.43
4 Weeks Price Volatility (%):
52 Weeks Range:2.07 - 3.78
52 Weeks Price Volatility (%):
Average Price Target: 1.95
Price Target Upside/Downside: -0.44
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  29-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  27-Feb-2019
T4Q P/E | EY: 10.86  |  9.21%
T4Q DY | Payout %: 3.13%  |  33.98%
T4Q NAPS | P/NAPS: 3.506  |  0.68
T4Q NP Margin | ROE: 3.54%  |  6.28%


Date Subject
20-Feb-2019 M+ Online Technical Focus - 20 Feb 2019
20-Feb-2019 Daily Market Update - 20 Feb 2019 (EWINT, TGUAN)
04-Jan-2019 Plastics & Packaging - Margin Pressures Persist
24-Dec-2018 Thong Guan Time to Accumulate
04-Dec-2018 M+ Online Technical Focus - 3 Dec 2018
03-Dec-2018 Daily Market Update - 3 Dec 2018 (TGUAN, N2N)
30-Nov-2018 Thong Guan Time to Accumulate
30-Nov-2018 Thong Guan Industries - 9M18 Within Expectations
22-Nov-2018 上升股:通源工业阻力RM2.78
27-Sep-2018 Thong Guan - To Repeat 2015 Bull Run? (16) - YiStock
29-Aug-2018 Thong Guan Industries - 1H18 Within Expectations
13-Aug-2018 Malaysian chip and plastic makers gain from trade war
25-May-2018 Thong Guan Industries - 1Q18 Below Expectations
28-Feb-2018 Thong Guan Industries Bhd - FY17 Below Expectations
27-Feb-2018 通源 TGUAN - 跌倒是为了再度攀爬 - bluefun

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.
Analyze this stock with MQ Trader system

  10 people like this.
abang_misai Ok. Well noted David
15/11/2018 09:24
popo92 Patience will be pay off soon.
15/11/2018 10:19
PotentialGhost Is time to collect, material price resin new low and USD 1:4.19 MYR .
15/11/2018 10:38
apolloang u better predict 4d for me to buy than stocks,hantu kom kom apa number can open on sat? hehe
15/11/2018 10:42
popo92 Buy this better than buy 4d
15/11/2018 15:34
Samuel Chan Is the loan conversion will affect the market?
15/11/2018 21:17
yfchong Ha ha.... Waiting waiting....
18/11/2018 16:11
nicky when the QR expected to be declared >?
19/11/2018 15:48
nicky Touched RM2.50 but volume is very thin...
19/11/2018 15:54
value88 If the coming quarter's earnings can be on par with preceding quarter. TGuan's fair value should be at RM3.20 per share if given PE=10x multiple.
19/11/2018 16:03
value88 The key is in resin price. If it is lower QoQ, then TGuan should post better earnings in July-Sept'18 quarter as USD has strengthened during this period.
19/11/2018 16:06
Davidl I wouldn't be too optimistic with it
19/11/2018 17:00
abang_misai Thanks David. Luckily I didn’t buy Tguan. Wait for it to retrace to 1.80 before buying.
20/11/2018 20:07
Samuel Chan @david just curious, why do u think qr for next quater is bad, mind to share with us?
20/11/2018 23:36
abang_misai I think David has a point. We must follow his steps in order to make money.
21/11/2018 00:09
popo92 those who think qr results are bad are bad judgement based on limited knowledge on correlation between oil and resin
21/11/2018 15:08
nicky Above 2.60...probably good news n QR ?
21/11/2018 19:28
CharlesT Last round they pushed to RM3.00+ before the Q result was out....then a so so Q result brought it all the way down to Rm2.00+ during End Oct...

Hope they dont play the same monkey trick again this round...come show a good Q result!
22/11/2018 14:30
nicky Volume too thin to forecast the movement..... reversal now.
23/11/2018 10:15
yfchong Dun know got booby trap...
25/11/2018 20:36
yfchong Tomypak also gone. Come on t guan
25/11/2018 20:46
yfchong Pls do not disappoint.... Us..
25/11/2018 20:46
wakarimas i dont think they will escape from the nightmare of resin. This quarter should be gg.com
26/11/2018 00:14
CharlesT The nightmare of resin? I thought price of resin has been coming down for some time?

(Latest Q result fm SLP)

17 Current year prospects

With the Group’s recent acquisitions and successful commissioning of new machineries, the Group is well positioned to further expand the production capacity of its niche products serving the hygiene, F&B and other sectors. However, the Board is aware that the current trade tensions between the USA and China may contributeto volatile foreign exchange rates, which may affect in-coming order routines and competitive advantage of the flexible plastic packaging products producers in Malaysia including the SLP Group.

Notwithstanding this, the Group's strategies have always been focusing on the supply of its flexible plastic packaging products to niche markets to bring about stability in demand of its products and coupled with the recent softening of average resin prices, the main raw materials consumed by the Group, the Board is optimistic for the Group to achieve a better set of financial results for the financial year ending 31 December 2018.
26/11/2018 06:55
CharlesT https://klse.i3investor.com/blogs/thongguan/175763.jsp

Above chart show latest LLDPE price till 27 Sept 2018. Notice that:

(1) current resin price is at multi year low, even lower than 2015- 2016.

(2) the spike in end 2017 due to USA disaster has reflected in Thong Guan 2017 Q4 result. (Apparently the cost-past-through was not efficient as it used to be.

(3) The continue down trend in resin price is mainly due to stable natural gas price and over supply of resin after 2016 where many facilities has come online. The chart below show the price of natural gas and brent crude oil, the price is relatively stable for natural gas at around USD 3.00 per mmBTU, but brent crude has advanced to above USD 81/bl. This show the positive relationship between resin and natural gas, not crude oil.
26/11/2018 06:58
CharlesT A big credit to YiStock. I like his analysis.
26/11/2018 07:01
abang_misai No wonder Sifu YiStock outperform many i3 sifus and is able to make annual compound profit of 24.7% for the past 6 years. Congrats
26/11/2018 08:05
YiStock charlesT, kopi o Research, read for fund only.

Invest_Sensibly, you may find the chart @ theplasticexchange.com
26/11/2018 16:02
xcu843 Report out
29/11/2018 19:18
CharlesT Not bad loh
29/11/2018 19:19
*Sincere_Analyst*(The Best Analyst) very $ucks quarter !!!
29/11/2018 19:53
abang_misai result ok what
29/11/2018 19:54
*Sincere_Analyst*(The Best Analyst) if ok, tomorrow 9am, do a fb live, #sincere_analyst, all in on this counter. if not, don't act smart to claim black as white !
29/11/2018 19:59
29/11/2018 20:11
xcu843 Better than last quarter
29/11/2018 20:48
ramada Good quarterly result, but I'm still waiting at RM2.00.
29/11/2018 20:49
ramada I'm slow slow wait there.
29/11/2018 20:49
PotentialGhost Prospect

Barring any unforeseen circumstances, the Group expects to continue to GROW its businesses in the next quarter and BEYOND !!!

Next QTR earning confirm improve !!!!!
29/11/2018 21:30
nicky Boring ... no volume .. y not just privatise
30/11/2018 09:12
yfchong Q4.,additional line stretch film... NI... still so so is pass cost to buyer will be win win
02/12/2018 21:34
chengcheekaan https://www.bbc.com/news/world-latin-america-46413196
03/12/2018 08:51
PotentialGhost 这傻鼻 Harry 是不知道 熊市 成交量都很低或没成交量?三流博客
04/12/2018 21:13
sowsc1987 他只会看季报,讲故事。。。还好罢了
05/12/2018 07:40
ANYU Post removed. Why?
09/12/2018 18:41
frankco over the last 10 years, the net profit margin never touch 9%.. probably averaging at 6% only . doubt the expansion would contribute much to the net profit margin.. any cost increase due to unpredictability and failure to pass the cost increase to end user will turn the bottom line in red..
13/12/2018 10:05
Nice restaurant. Do not under estimate malaysians purchasing power.. those living in bukit bintamg area are willing to spend..
15/12/2018 18:05
hng33 bought Tguan at 2.29-2.30
11/02/2019 16:24
LouiseS Last 5 years EPS unstable and fluctuated significantly, from lowest point of 17sen to highest point of 55sen, PE ratio at 10, ROE 6.2%, and dividend yield is at 3.36%.

16/02/2019 16:52
hng33 https://www.youtube.com/watch?v=8FtbJsLuGso&t=735s
20/02/2019 14:09
hng33 Capacity expansion, revenue growth, profit margin improved, net cash position ----> Q4 upcoming dividend and EPS growth
20/02/2019 16:06


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