KLSE: TIENWAH (7374)       TIEN WAH PRESS HOLDINGS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.38   -0.02 (1.43%)  1.38 - 1.40  9,400
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Market Cap: 200 Million
NOSH: 145 Million
Avg Volume (4 weeks):16,935
4 Weeks Range:1.36 - 1.43
4 Weeks Price Volatility (%):
52 Weeks Range:1.04 - 1.60
52 Weeks Price Volatility (%):
Average Price Target: 0.94
Price Target Upside/Downside: -0.44
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2019 [#1]  |  08-May-2019
Next QR | Est. Ann. Date: 30-Jun-2019  |  07-Aug-2019
T4Q P/E | EY: -26.99  |  -3.71%
T4Q DY | Payout %: 5.80%  |  - %
T4Q NAPS | P/NAPS: 2.21  |  0.62
T4Q NP Margin | ROE: 0.35%  |  -2.31%


Date Subject
10-May-2019 Tien Wah Press Holdings Bhd - 1Q'19 Results
01-Mar-2019 Tien Wah Press Holdings Bhd – Lower Revenue and Core Net Profit
01-Mar-2019 Tien Wah Press Holdings Bhd - 4QFY18 – Lower revenue and core net profit
09-Nov-2018 Tien Wah Press Holdings Bhd - 3QFY18 – Revenue lower, forecasts maintained
29-Oct-2018 Tien Wah Press Holdings Bhd - in a Sunset Environment
08-Oct-2018 Mplus Market Pulse - 8 Oct 2018
08-Oct-2018 PublicInvest Research Headlines - 8 Oct 2018
08-Aug-2018 Mplus Market Pulse - 8 Aug 2018
05-Jun-2018 Mplus Market Pulse - 5 Jun 2018

Business Background

Tien Wah Press Holdings Bhd is a print packaging company. It offers packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, carton with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is printing and trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates and Hong Kong.
Analyze this stock with MQ Trader system

  4 people like this.
riskabsorber Re-emphasize again, I use BAT's result to calculate the revenue for TW.
20/04/2017 5:43 PM
riskabsorber Toyo (Viet) – Dofico Print Packaging Co. Ltd (“TVDP”)
The principal activity of TVDP is the provision of printing
services for tobacco packaging and packaging services in
general. The company, commenced on 1 January 2016 as a
50:50 joint venture with Dong Nai Food Industrial Corporation
(“DOFICO”), a major conglomerate in Vietnam with a variety
of businesses including the packaging of tobacco products.
TVDP turnover in 2016 was RM16.3 million with a loss after tax
of RM1.1 million, which was disappointing as a result of the
delay in the transfer of purchase requirements by DOFICO to
TVDP due to changes in design and specification requirements.
26/04/2017 1:25 PM
CanCan168 riskabsorber.....do you recommend a buy for tienwah...medium to longterm
08/05/2017 2:34 PM
riskabsorber CanCan168, after went through the latest quarterly result. I believe you can find better counters in Bursa. Besides, this year the dividend might drop to 6sen max.
08/05/2017 6:50 PM
xiaoxiami rubbish counter
latest quarter really show sign of regressing
where is the joker bluefun hard promote last time on facebook
not up to standard dont come out and teach people how to pick stock la
天华兄和蝙蝠妹 ...... pui !
08/05/2017 10:20 PM
bangsar Hi, why suddenly become 2.04 today?
07/06/2017 11:00 AM
Kays Due to 0.08 div
07/06/2017 10:42 PM
riskabsorber Tienwah's management has made a wrong move. To cease the operation in Australia, they should do it last year when they can offset the losses with the one-off gain. I am quite surprise that the management/finance do not utilize that opportunity of one-off gain.That's the reason last year they also cannot comply with the 50% dividend policy.
16/06/2017 10:04 AM
bursa36 Loss 11sen per share for closing down Australia operation, that's a lot!
16/06/2017 2:01 PM
bursa36 Anzpac constitutes about 20.6 % of the latest audited Net Assets of the Group as at 31 December 2016

Why auditors didn't ask them to provide enough impairment loss earlier since anzpac is making loss and now cease business in less then 12 months from the auditors report issued? Now my concern is will there be further impairment loss to be recognized in the next quarter since TW profit keep diminishing
16/06/2017 3:16 PM
firehawk so terrible ... :-(
17/06/2017 1:48 PM
Ngau KY FY2017 eps is 48.93 sen but only distribute 12 sen dividend. Their dividend policy is 50%, can someone tell me what is happening?
27/06/2017 2:42 PM
riskabsorber I doubt the total dividend payout this year have 8 sen.
04/07/2017 3:20 PM
shlang17 http://www.theedgemarkets.com/article/tien-wah-close-printing-business-malaysia
21/07/2017 10:46 AM
bibibubu http://www.mytimes.org/cat/63/node/150116/210
21/07/2017 10:03 PM
Junx Leow god bless .....
21/07/2017 10:52 PM
riskabsorber To close printing business in Malaysia. Tien Wah Press Holdings is planning to stop its printing business in the country held under its wholly-owned subsidiary, Tien Wah Press (Malaya) SB (TWPM). "Following the cessation of its major customer's operation in Malaysia and its subsequent shifts in production facilities to Singapore, Korea and Indonesia, the group acknowledged that there is no requirement for duplication of printing base in Malaysia. (The Edge)

Which mean the local customers have to source the services from TW's competitors. The management still never learn from their mistake which is too focus on single customer.
23/07/2017 8:10 AM
enjoyinglife So this counter no more?
23/07/2017 10:06 AM
limch M'sia factory closing down. BAT can source from other country.

Posted by enjoyinglife > Jul 23, 2017 10:06 AM | Report Abuse
So this counter no more?
23/07/2017 10:11 AM
Flintstones So blue hor fun still holding this counter?
24/07/2017 9:11 AM
riskabsorber Should be stabilized around 1.68-1.74. The next catalyst is quarter result. If showing another round of downsizing on bottom level and no dividend declared. Selling price will be around 1.5+
24/07/2017 11:01 AM
Kays An estimated one-off cessation cost of RM12.19 million for the closure. Are they planning to sell the land to cover back the closure cost.
24/07/2017 1:38 PM
shareinvestor88 Sell target 50c
25/07/2017 12:09 AM
hongweigiet88 https://hongweigiet222.wixsite.com/website/single-post/2017/07/30/TIENWAH-7374---wrong-anticipation-due-to-news-21072017
30/07/2017 11:51 AM
John Chia well... some people just like to show winnings ONLY and keep HIDING the LOSSES... hope you all can catch who i'm referring to...
30/07/2017 7:24 PM
apolloang mati lah tien wah loss so much,tomoro down like hell
08/08/2017 7:48 PM
PlsGiveBonus Margin call is real
08/08/2017 7:54 PM
suregain Gap,down tomorow.. hahahha
08/08/2017 8:28 PM
Flintstones saying hi to blue hor fun. still dumb dumb hold? tat guy has no skill just luck
08/08/2017 8:42 PM
Stock Kingdom Down from 2.20 to 1.70 in 3 months time, with such unexpected huge loss, tomorrow 1.50? 1.40?
08/08/2017 9:31 PM
Goh Kim Hock what a shocking result! Unexpected..
08/08/2017 9:32 PM
Stock Kingdom True, unexpected & shocking. Another Tek Seng
08/08/2017 9:37 PM
apolloang dare not see tomoro this stock,better avoid cos many which posted bad results very hard to recover,example prolexus
08/08/2017 9:55 PM
suregain Now make sure,you,report good,result, else gap,down.. no where to run
08/08/2017 10:34 PM
firehawk so terrible ... :-(

even though eliminate the non-recurring expenses, the profit still very much lower (~50% lower) than same period last year, although revenue increases :-(
08/08/2017 11:32 PM
riskabsorber don't catch the falling knife. Still got another round of "non-recurring expenses" to be incurred this year.
09/08/2017 9:19 AM
YES666 太悲观了,買在公司最坏情况.
09/08/2017 12:51 PM
riskabsorber Jul - Sep will provide another 12.2mil impairment loss. Now still not good time to dispose ?
09/08/2017 1:45 PM
Strikeout I dun think the co is ceasing it's local printing business anytime soon, given the fact that it has invested heavily in these modern printing machinery then, more likely to move to a smaller premise, with a cheaper location, hiring of new machine operators with lower pay n benefits- cost cutting measures to remain lean & mean..
Going forward, it's future income is most likely to come from property development, with Lum Chang of S'pore,as it's plant is sitting on a prime location in P Jaya. Hence, i believed that this a short term pain, with a long term gain plan. Juz my humble opinion ya, i& i wish there is light at the end of the tunnel for some of you folks here..
09/08/2017 9:24 PM
apolloang sikit sikit down until 1.50,nowdays slow death is the pattern cos they don't wanna cause panic otherwise the sharks cannot dispose.nowdays many stocks that are bad down bit by bit then rebound then down again.like this only the sharks can trap the retailers who are greedy wanna make from rebound
09/08/2017 11:07 PM
Strikeout Haha, steam frogs goes well with Bentong ginger ya..Jokes aside, given the long & good standing working relationship with Bat, Tw will still be a main supplier to Bat, eventho it's a declining one.
On thd prop front, Tw's current site hasn't been revaluated for a long time & a revaluation surplus wud help here. Dun kn how the jv with Lum Chang will pan out to be, possibly a share issuance, then it wud be interesting to see at price they will value Tw & Lum Chang at. Bottom line is that i see this stock having a more than even chance of a reb here,granted that there are better ones at the moment..
10/08/2017 9:19 PM
nich0las -VE income. Gone case.
09/11/2017 1:25 PM
rlch Loss QR 1.65 why Tropicana with profit QR so low?
09/11/2017 1:28 PM
Kays dropping dividend, and dropping earning. What's the prospect of this company growth !
09/11/2017 4:47 PM
Babiyou8 Continue 2 Quarter Drop
09/11/2017 9:23 PM
KLCI King Once heard someone wrote article & said this was very good stock, now the article quietly deleted already
27/02/2018 11:02 AM
Flintstones Who else? Must be blue hor fun lor
27/02/2018 11:03 AM
Lim Tek Wai stil early leh slowly play
13/04/2018 4:37 PM
rockycleft Slow slow die........
10/12/2018 10:08 PM
EatCoconutCanWin i not sure why this kind of stupid stock can survive at this price even tho the np is suck.
08/05/2019 5:54 PM


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