TGUAN 24/3/2014

TGUAN 24/3/2014

ckleow79
Publish date: Mon, 24 Mar 2014, 02:30 AM
ckleow79
0 2
PLEASE SHARE VIEW FOR TGUAN
THANK YOU
Following Message

WILL TGUAN BE THE NEXT SCIENTAX??

CAN THE TGUAN OVERRIDE THE LOW GROSS PROFIT MARGIN?

DOES THE PROPOSE LOAN STOCK A KIND OF AWARD TO SHAREHOLDERS?

                   CURRENT PROPOSED:

  1. 8 CENTS DIVIDEND WILL BE EX DATE AROUND JULY 2014 (REFER TO PREVIOUS YEAR EX DATE)
  2.  1 RIGHT (LOAN STOCK 5%PA RM1-00) FOR 2 EXISTING SHARES ; AND
  3. 2 RIGHT (LA) AWARDED 1 FREE WARRANT (EXERCISE PRICE RM1.50)

 

PERSONAL VIEW:

IF BOUGHT AT MONDAY AT PRICE RM2.06 ( PE = 7.7, NTA RM2.75 , EPS = 0.2673, GEARING RATIO = 0.17 )

IF TAKE THE LOAN STOCK OFFER:

BOUGHT 4 LOTS = 4,000 UNITS X RM 2.06 = RM 8,240

ENTITLE : 2 RIGHT LOAN STOCK RM 1.00 = RM  2,000

FREE ATTACHED 1 WARRANT    

WHILE CONVERTION OF LOAN STOCK  IS 1 LA = 1 TGUAN SHARE. ( IF SHARE PRICE HIGHER THAN RM1, THEN PROFIT)

WARRANT CONVERTION IS RM1.50 ( IF MOTHER SHARE PRICE HIGHER THAN RM1.50, THEN = PROFIT)

 

 

 

 FIRST 30 MAJOR SHAREHOLDERS 67.33%

 

FINANCIAL YEAR ENDED 31 DECEMBER

 

2008

(‘000)

2009

(‘000)

2010

(‘000)

2011

(‘000)

2012

(‘000)

2013

(‘000)

 

REVENUE

REVENUE GROWTH %

564,558

408,778

-27.59%

488,599

19.52%

540,013

10.52%

631,193

16.88%

720,261

14.11%

 

EBITDA

(EARNING BEFORE INTEREST, TAX, DEPRECIATION, AMORTISATION)

20,632

 

34,013

 

37,820

44,821

46,479

49,792

 

GROSS PROFIT MARGIN (%)

 

6.78

12.60

11.63

12.01

10.97

10.48

 

PBT

(PROFIT BEFORE TAX)

3,815

18,541

22,659

28,058

29,298

31,868

 

PAT

(PROFIT AFTER TAX)

4,646

15,161

19,795

27,126

27,998

28,784

 

TOTAL ASSETS

NET ASSETS PER SHARE (CENTS)

 

297,774

182.22

288,998

194.29

323,176

205.99

368,497

231.05

394,035

251.60

447,306

275.00

 

TOTAL BORROWINGS

GEARING RATIO (TIMES)

 

55,485

0.29

22,539

0.11

29,397

0.14

38,760

0.16

42,627

0.16

49,656

0.17

 

SHAREHOLDERS’ EQUITY

RETURN ON EQUITY (ROE%)

 

PAR VALUE (RM)

191,705

2.42

 

1.00

204,407

7.42

 

1.00

216,711

9.13

 

1.00

242,088

11.17

 

1.00

 

261,759

10.40

 

1.00

289,471

9.72

 

1.00

 

RETURN ON ASSETS (ROA%)

 

1.56

5.25

6.13

7.36

7.11

6.33

 

EPS (CENTS)

(EARNINGS PER SHARE)

4.42

14.41

18.82

25.7

25.87

26.73

 

PRICE / EARNINGS

P/E RATIO (TIMES)

16.9

5.34

5.1

4.47

5.18

7.85

 

DPS (CENTS)

(DIVIDEND PER SHARE)

2

4

5

6

7

8

 

DY RATIO (%)

DIVIDEND YIELD RATIO

2.67

5.19

5.21

5.22

5.22

3.81

 

SHARE PRICE AS AT

31 DECEMBER (CENTS)

0.75

0.77

0.96

1.15

1.34

2.11

 

SHARE PRICE AS AT 21/3/14

 

 

 

 

 

2.07

 

HIGHER PRICE 6/2/2014

 

 

 

 

 

2.51

 

BONUS

DATE

5 FOR 4

12/4/2002

1 FOR 2

19/1/2005

 

 

 

BEEN 9 YEAR NO BONUS ISSUE

ABLE TO ISSUE BONUS 2 FOR 1

CASH PER SHARE

0.12

0.37

0.52

0.36

0.75

0.67

 

 

 

 

 

 

 

 

 

          

 
Discussions
2 people like this. Showing 3 of 3 comments

pradeep

Ckleow79 this stock will become a daring stock very soon. The fundamental are good and I am collecting.This type of opportunity not everyday. It is also undervalued stock. Gearing is also low , dividend is good, what else do we want. I believe it will retest the 2.50 Target and thereafter will go higher.Let us be positive.

2014-03-24 13:40

ckleow79

TQ pradeep. i fully agreed what u said. hope my sharing is useful for your perusal. happy trading.

2014-03-24 17:03

ckleow79

update of ICULS purpose : for purchase of new machinery & working capital.

2014-03-27 02:00

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