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IPO Info Key Data:
Prospectus: RENOUNCEABLE RIGHTS ISSUE OF UP TO RM52,602,250 NOMINAL VALUE OF 5-YEAR 5.00% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCK AT 100% OF ITS NOMINAL VALUE OF RM1.00 EACH ("ICULS") ON THE BASIS OF ONE (1) RM1.00 NOMINAL VALUE OF ICULS FOR EVERY TWO (2) ORDINARY SHARES OF RM1.00 EACH ("RIGHTS ICULS") IN THONG GUAN INDUSTRIES BERHAD ("TGIB") ("TGIB SHARE(S)") HELD AT 5.00 P.M. ON 17 SEPTEMBER 2014, TOGETHER WITH UP TO 26,301,125 FREE NEW WARRANTS ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) ICULS SUBSCRIBED FOR PAYABLE IN FULL UPON ACCEPTANCE BASED ON A MINIMUM SUBSCRIPTION OF 27,031,787 RIGHTS ICULS ("RIGHTS ISSUE OF ICULS WITH WARRANTS")
  Markv572421 Wonder which is the best price to enter ..currently trading 2.35 .....any advice ?? 07/01/2021 1:54 PM UndukNgadau https://www.themanufacturer.com/articles/the-price-of-plastic-taking-control-of-raw-material-costs/ 07/01/2021 1:56 PM UndukNgadau As large portion of TGuan's revenue(USD) derived from export & also raw material costs are link to oil $ 07/01/2021 1:59 PM UndukNgadau Most welcome Mark. If it dropped further, I'll sell part of my IOI Corp to buy more TGuan 07/01/2021 2:10 PM amet2017 It has nothing to do with rising oil price and exchange rate. Purely operator want to press down. Hehe 07/01/2021 4:19 PM Maxpowar I’ll use a DCA approach to collect TGuan shares while it is undervalued, drop more buy more, some call it catching a falling knife, yup. When it starts rising, I’ll be looking at handsome amount of shares, hoseh liaoo! 07/01/2021 6:11 PM  pinnaclegrade At this rate, even if it falls 50% from the peak, won't be surprise = = 07/01/2021 9:30 PM Markv572421 Im still monitoring tguan price, with current economic downturn, covid cases spike, mco , cmco ...bla bla ..all this might happen anytime ...could the 18th Mar 2020 may repeat again ? 08/01/2021 9:21 AM MingGoon Plastic Packaging container will be very much in demand now Look at Tguan price ... shot up now 08/01/2021 10:18 AM splendidkiller I dont think the March downturn will repeat itself as investors now already had awareness about the covid situation with the existence of vaccine. Unless the vaccine is totally not effective to the virus situation... 08/01/2021 10:19 AM MingGoon vacine or no vacine.. it's not going to make much difference. Look at the daily spike of new cases. Better stock up more plastic containers.. Stay at home safer Order food at home safer Stay safe 08/01/2021 10:21 AM Maxpowar Woah. TGuan flying earlier than I expected. Haven’t even collected enough eh..zz 08/01/2021 10:27 AM terence775 Those who cutloss heart damn pain lo. Those who autopilot don't really care haha. Those who had the guts to avg down the obviously oversold event are happy now. 08/01/2021 11:08 AM amet2017 So today usd strengthen aa? Haha. Told you nothing to do with that. Purely operator playing. 08/01/2021 12:17 PM Maxpowar Glove counters go in tandem with plastic packaging counters. Pandemic leads to increase food delivery and courier service all of which create huge demand for plastics. Today evening’s pull back is a good chance to enter as we anticipate for implementation of “stricter” “MCO”. 08/01/2021 7:02 PM salimac i think there is only 1 operator on this counter today. and all the transactions stop with some fake queue when he goes to the Toilet. LOL 11/01/2021 3:48 PM sten_still Let's ride this high demand company making product during mco as meals can only takeaway from restaurant nowadays...sui sui 13/01/2021 12:09 PM amet2017 Hehe no more comments on oil price and exchange rate affecting the price? 13/01/2021 9:51 PM scottsytong https://www.theguardian.com/business/2021/jan/13/just-eat-takeaway-orders-soar-on-back-of-european-lockdowns-covid Locked-down consumers across Europe ordered 57% more takeaways from the continent’s biggest delivery group in the final three months of 2020 than a year earlier. The huge leap in trade reported by Just Eat Takeaway.com was a further acceleration in growth from the 46% jump in the third quarter, as surging coronavirus cases resulted in countries across Europe reintroducing strict restrictions, keeping people at home. In the UK, delivery orders surged by almost 400% in the fourth quarter of 2020 compared with the same period of 2019, as many consumers were once again asked by the government to stay at home. 14/01/2021 4:00 PM night_shadow Kenanga TP 3.25 nice! Hopefully can break 3.0 before CNY! Thong Guan Industries Bhd - Beaten Down Too Much https://klse.i3investor.com/blogs/kenangaresearch/457413.jsp 15/01/2021 11:05 AM sten_still Of course, this is money making company, even you buy high it still will going higher 15/01/2021 11:35 AM Maxpowar Good to hear. Just wanna encourage fellow investors to hold tightly onto TGuan. Ya’ll saw how yesterday’s market irrationality on MCO brought most sectors indexes down,yet TGuan fundamental did not change. 26/01/2021 6:03 AM amet2017 Good FA does not mean price is good. Operator go and play goreng counter. 26/01/2021 11:40 AM Maxpowar It’s okay, if you wanna goreng or trade you shouldn’t be in tguan anyway, the volume is relatively low. This counter is meant for long term investors who have holding power and don’t mind the intrinsic value taking time to be reflected in share price. 26/01/2021 8:13 PM amet2017 Hehe of course thats the only thing to say when you get stuck..investor also run away cannot tahan oledi 27/01/2021 4:54 PM bwho most of the counter after bonus issue tend to laid low dun forget EPS is down by looking at the Q3 results only 5.23sen i still prefer higher dividen than bonus if future earning cannot sustain 27/01/2021 7:13 PM Maxpowar There’s nothing wrong to prefer dividend. However IMO given Tguan is expanding the business I prefer them not to give generous dividends, use the retained profit to reinvest instead..but that’s just me la hehe 27/01/2021 7:27 PM bwho Agreed anyway wait for the q4 results and see how much growth TG can sustain i believe eps around 6 sen hopefully they can perform better 27/01/2021 7:57 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
