TONG HERR RESOURCES BHD

KLSE (MYR): TONGHER (5010)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

2.38

Today's Change

-0.02 (0.83%)

Day's Change

2.38 - 2.42

Trading Volume

30,500


7 people like this.

663 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 2 months ago

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-30 09:56 | Report Abuse

the calculated intrinsic value RM 5.20

Lip0623

21 posts

Posted by Lip0623 > 2017-08-30 10:01 | Report Abuse

But today look like nothing happens

Biker2b

136 posts

Posted by Biker2b > 2017-08-30 10:15 | Report Abuse

Déjà vu of 2014? Surprised interim announcement few days after filling of Q2-14 result?

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-30 10:19 | Report Abuse

means no people willing to sell the shares like mad dogs.

Biker2b

136 posts

Posted by Biker2b > 2017-09-05 10:35 | Report Abuse

@optimus, mad dog is temporary. Don't cull all dogs due to rabies. Once the panic is over, Tongher will remain investor's best companion as long as DY is attractive.

Lip0623

21 posts

Posted by Lip0623 > 2017-09-05 18:56 | Report Abuse

请问tongher是属于钢铁股吗?

Stead

162 posts

Posted by Stead > 2017-09-05 21:14 | Report Abuse

Not directly related to iron but will follow the coming boom of metal commodity. Wire rods and aluminum.

Lip0623

21 posts

Posted by Lip0623 > 2017-09-06 10:38 | Report Abuse

Why keep dropping …

Stead

162 posts

Posted by Stead > 2017-09-06 13:47 | Report Abuse

It is Mr. Market.
If the price goes up, you feel happy.
If the price goes down, you feel sad.
Why bother about price if you've bought into something which you believe will shine in the future.
If the decline of share price is something that you cannot bear, i will suggest you invest in other class of assets which doesn't offer you any change of daily price quotation.

Biker2b

136 posts

Posted by Biker2b > 2017-09-06 14:30 | Report Abuse

Well said @Stead.

Teck Ng

11 posts

Posted by Teck Ng > 2017-09-07 13:29 | Report Abuse

The set of financial results for the first half of the year issued on 28 August 2017 differed from those issued on 29 August 2017. The EPS of the second quarter showed an improvement Year on Year from the results issued on 29 August 2017 while the EPS of the second quarter showed a decline Year on Year from the results issued on 28 August 2017. No wonder when the financial result of the first half was issued on 28 August 2017, investors dumped the stock. If based on the revised result issued on 29 August 2017, then it makes sense to hold or add this stock in the portfolio. What a fumble on the part of Tongher to issue different sets of financial results on 28 and 29 August 2017.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-07 17:55 | Report Abuse

Bought more shares today at RM 3.35 - 36 today

Biker2b

136 posts

Posted by Biker2b > 2017-09-08 12:24 | Report Abuse

Based on Q2 Report, Tongher has:-
a. Cash & Cash Equivalent of about RM153mil
b. Total Debts of about RM91mil

With Q2 Free Cashflow of RM50mil (after spending RM15mil to pare down borrowing in 1st 6 months of 2017), Tongher can be soon a debt free company. What say you?

Stead

162 posts

Posted by Stead > 2017-09-08 20:58 | Report Abuse

This is a good correction. Give some learned investor a chance to get in.

Biker2b

136 posts

Posted by Biker2b > 2017-09-11 15:38 | Report Abuse

Looks like no surprised interim dividend in Sept. Hope for higher payout in Nov/Dec

windcloud

1,393 posts

Posted by windcloud > 2017-09-11 16:02 | Report Abuse

Buy .....................................

Biker2b

136 posts

Posted by Biker2b > 2017-09-12 12:40 | Report Abuse

Mr Tsai increased his direct/indirect interest to 33.5%

windcloud

1,393 posts

Posted by windcloud > 2017-09-12 12:43 | Report Abuse

Thanks Biker2B ....... gem counter not yet discovered by people ..... I like aluminium super profit and also the fastener growing business .....

ykloh

508 posts

Posted by ykloh > 2017-09-12 12:56 | Report Abuse

Last year end of august TH announced interim dividend 10 sens for fy 2016. No announcement of ID this year although it is in position to pay.

TH should have a dividend policy and should be more transparent on issue of payment of dividend. Currently it is on ad hoc basis depending on whims of Mr Tsai.

Biker2b

136 posts

Posted by Biker2b > 2017-09-12 21:45 | Report Abuse

@ykloh, last year interim dividend for FY16 was announced on end Nov instead of end Aug.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-12 23:33 | Report Abuse

Good and happy to have collected more Tongherr shares during the recent dip. Hope will continue to ascend soon.

ykloh

508 posts

Posted by ykloh > 2017-09-12 23:40 | Report Abuse

Biker, you are right. My mistake.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-12 23:49 | Report Abuse

seems like directors had bought more shares at RM 3.38 last week

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-14 17:06 | Report Abuse

up up up!!!!!

Stead

162 posts

Posted by Stead > 2017-09-15 16:32 | Report Abuse

3rd Q results will be out by 27 November and by then an interim dividend can be expected.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-15 22:11 | Report Abuse

Buy as much as possible

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-18 19:03 | Report Abuse

up up up!!

Biker2b

136 posts

Posted by Biker2b > 2017-10-13 15:46 | Report Abuse

Based on Q2 result, PAT in first 2 quarters is equivalent to 64% of FY16's full year PAT. Tongher should report much better performance in this FY and shall see higher dividend payout.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-13 15:51 | Report Abuse

Indeed,hopefully there are more good news coming for Tongherr

Biker2b

136 posts

Posted by Biker2b > 2017-10-13 16:16 | Report Abuse

If it can hold at current base, should able to break above RM4 by the time dividend announcement next month.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-14 00:00 | Report Abuse

I expect a dividend payout 20SEN.

Biker2b

136 posts

Posted by Biker2b > 2017-10-14 08:42 | Report Abuse

Last FY was 30cents (10cents interim, 20cenrs final). This FY should able to pay 40cents, translate into 10.9% DY based on yesterday closing. Tremendous upside from current price.

Biker2b

136 posts

Posted by Biker2b > 2017-10-16 12:18 | Report Abuse

Ironic to read some analysts are advance betting on furniture related companies to be benefited from recent natural disasters in US but surprisingly none talk about "bolts, nuts & screws" related companies. People will need "bolts, nuts & screws" first to rebuilt their house before buying furniture fittings.

According to Annual Report 2016, 16.3% of Tongher sales were from US, an increased of 34% from the year before.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-16 16:11 | Report Abuse

UP UP UP!!!!

Biker2b

136 posts

Posted by Biker2b > 2017-10-17 12:35 | Report Abuse

#SimplyMyStock : Rebuilding after natural disasters to boost demand for Tongher’s bolt & fastener.
https://klse.i3investor.com/blogs/simplymystock/135529.jsp

Biker2b

136 posts

Posted by Biker2b > 2017-10-19 12:22 | Report Abuse

More than 18% of Tongher FY16 sales are from Germany. German economy is forecast to grow by more than two percent this year - it's strongest in 6 years. Tongher shall see higher demand from this Europe's biggest economy. Germany is well known for its highest reputation for quality and design in the world. That's also speaks volume for Tongher's product quality.

https://www.reuters.com/article/us-germany-economy-bdi/german-economy-to-grow-by-more-than-two-percent-this-year-bdi-idUSKCN1BN13K?il=0

Biker2b

136 posts

Posted by Biker2b > 2017-10-25 15:12 | Report Abuse

Tongher has one of the most unpredictable dividend announcement record in Bursa Malaysia.
- 2016 Interim was announced on 28 Nov
- 2014 Interim : 2 Sept
- 2007 Interim : 8 Aug
- 2006 Interim : 25 Aug
- 2005 Interim : 29 Aug
- 2004 Interim : 5 Nov
Any guess for 2017 Interim ?

Stead

162 posts

Posted by Stead > 2017-11-04 15:42 | Report Abuse

Check out when the Tsai family need then you will know

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-09 18:43 | Report Abuse

slowly go up up

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-10 18:12 | Report Abuse

3.79 multi year high now huat ahhh

Biker2b

136 posts

Posted by Biker2b > 2017-11-12 13:46 | Report Abuse

Forecasting better Qtr, YTD result and dividend announcement soon.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-13 20:11 | Report Abuse

happy happy 3.83 multi year high

Biker2b

136 posts

Posted by Biker2b > 2017-11-27 10:01 | Report Abuse

Countdown 10,9,8,7,6,5,4...

cheoky

2,819 posts

Posted by cheoky > 2017-11-27 17:32 | Report Abuse

I love tongherr... Walao why last time no buy more.... Sleeping

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-11-27 17:38 | Report Abuse

pehhhh...as osem as alwaysss!!

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-11-27 17:41 | Report Abuse

giving dividend earlier than i expect..whoaa

Stead

162 posts

Posted by Stead > 2017-11-27 17:50 | Report Abuse

a sweet surprise of 18 sen dividend. Thanks to Tsai family.

Stead

162 posts

Posted by Stead > 2017-11-27 17:51 | Report Abuse

For those who picked up the share during the previous panic of 2nd quarterly results, your wish fulfilled.

Posted by mamakspecial > 2017-11-27 18:05 | Report Abuse

generous boss...

chankp7010

614 posts

Posted by chankp7010 > 2017-11-27 20:42 | Report Abuse

Excellent 3 QR. Will be doing even better for 4QR as evidenced from the generous 18 cents per share interim dividend.

Post a Comment