Posted by Phoebe > 2 months ago | Report Abuse

Looks like Tguan is following Scientex footsteps by diversifying into property sector.

Hi Pua,
Hope you give us some update here after you attend the AGM. I'm not able to go because it is too far for me. Many thanks.

Posted by jeffrey1166 > 2 months ago | Report Abuse

pua got wat door giftx

Posted by Phoebe > 2 months ago | Report Abuse

Today is the AGM.
Hi Pua, if it is not to troublesome, do give us some update from the AGM. Thank you in advance.

Posted by PuaQW91 > 2 months ago | Report Abuse

Too bad, Phoebe. I am not going to the AGM ... Got works

Posted by Phoebe > 2 months ago | Report Abuse

Noted. Thank you for letting us know.
I guess we need to wait in a month time and see if there is any minutes.
Thanks anyway

Posted by xcu843 > 1 month ago | Report Abuse

Report out and look not bad

Posted by jeffrey1166 > 1 month ago | Report Abuse

coming can fly

Posted by flyhub888 > 1 month ago | Report Abuse

way to go. .. topup 2moro before it fly

Posted by Pinky > 1 month ago | Report Abuse

No dividend again???

Posted by jeffrey1166 > 1 month ago | Report Abuse

tp cant 3.2 above

Posted by jeffrey1166 > 1 month ago | Report Abuse

q3 have pink

Posted by PuaQW91 > 1 month ago | Report Abuse

Dividend will be announced in Jun or July I think ..

Posted by S363636 > 1 month ago | Report Abuse

Any info from agm ?

Posted by PuaQW91 > 1 month ago | Report Abuse

I would like to know too, S363636

Posted by S363636 > 1 month ago | Report Abuse

Anggaran awal menunjukkan eksport China mungkin akan meningkat pada Mei apabila permintaan luar semakin kukuh. Kami menjangkakan eksport yang lebih pantas akan meraih daya tarikan untuk menyokong pemulihan yang diteraju oleh pembuatan.

Posted by jeffrey1166 > 1 month ago | Report Abuse

this month div 5 cent

Posted by jeffrey1166 > 1 month ago | Report Abuse

coming can fly

Posted by curiousq > 1 month ago | Report Abuse

a typical chinaman stock

Posted by jeffrey1166 > 1 month ago | Report Abuse

ya good propective

Posted by Pinky > 1 month ago | Report Abuse

Dato Ang disposing hahaha

Posted by lloydlim > 1 month ago | Report Abuse

Time to accumulate!

Posted by xcu843 > 1 month ago | Report Abuse

Good time slowly to collect more shares

Posted by jeffrey1166 > 1 month ago | Report Abuse

ya i keep buying

Posted by jeffrey1166 > 1 month ago | Report Abuse

tp can put rm3

Posted by Phoebe > 4 weeks ago | Report Abuse

Scientex QR reported a better revenue and PAT for their packaging division. Hope Tguan will be the same in the upcoming QR

Posted by jeffrey1166 > 4 weeks ago | Report Abuse

tguan will good

Posted by PuaQW91 > 3 weeks ago | Report Abuse

Tguan is undervalued still

Posted by Phoebe > 3 weeks ago | Report Abuse

I used to respect the management of the company for their commitment in publishing the minutes of their AGM and holding virtual AGMs. Not sure what has change and somehow feel that this company become less investor friendly. Kinda disappoint with the them.

Posted by PuaQW91 > 3 weeks ago | Report Abuse

Do they have IR ?

Posted by Pinky > 3 weeks ago | Report Abuse

A value trap can be "undervalued" for longer than you can take it

Posted by Phoebe > 3 weeks ago | Report Abuse

They have finally uploaded the 29th AGM minutes but only 2 question asked. I guess not many people attended the AGM. If it was done online, I believed many will have participated and ask some tough critical question. Maybe that is the intention to have physical AGM instead. They shared that the venture into property due to the peers is doing the same. I think they are referring to scientex. Hope they really have the know how.

https://www.thongguan.com/agm/

Posted by PuaQW91 > 2 weeks ago | Report Abuse

Ya, virtual meeting can help the company to save costs too. Not a bad move for Tguan to venture into property sector

Posted by PuaQW91 > 2 weeks ago | Report Abuse

Plastic packaging players anticipate sustained orders through the remainder of CY24, supported by a global recovery in manufacturing activities and consumer spending

https://www.businesstoday.com.my/2024/07/04/manufacturing-renaissance-boon-for-local-plastic-packaging-players/

Posted by Phoebe > 2 weeks ago | Report Abuse

@PuaQW91, Thanks for sharing the information.

Posted by PuaQW91 > 2 weeks ago | Report Abuse

Nice, go back up to RM2 🤗

Posted by flyhub888 > 1 week ago | Report Abuse

got dividend?

Posted by PuaQW91 > 1 week ago | Report Abuse

Probably got. Wait Aug or Sep

Posted by PuaQW91 > 5 days ago | Report Abuse

Shoot... Failed to stay above RM2

Posted by sugerdad > 5 days ago | Report Abuse

dividend no give....how to up

Posted by Phoebe > 4 days ago | Report Abuse

ESOS is another down factor for this counter. The constant conversion of esos dilutes the earnings.

Posted by Pinky > 4 days ago | Report Abuse

T4Q DY | Payout %
1.52% | 15.63%

Way too low to be acceptable. If pay 30% at least can get 3%, can match FD rate, to compensate for the holding period.

Posted by million76 > 4 days ago | Report Abuse

The worst counter amongst all the plastic packaging companies

Posted by Maxpowar > 3 days ago | Report Abuse

Investors are not confident they will succeed in their diversification into the property sector. I don’t understand why would the management do that, esp when they have failed in F&B in 2017. But what do we know as retail investors right..I just pray for the best zzzzzz

Posted by Phoebe > 3 days ago | Report Abuse

They trying to copy scientex and this was also briefly mentioned in their AGM (of course without citing scientex). Scientex has been successful in property. In fact there are few quarters that the property performed much better than their plastic business and helped to maintain the company earnings.

Posted by Maxpowar > 2 days ago | Report Abuse

Scientex didn’t get into the property sector just because they saw their competitors doing well in it. In other words, TGUAN dipping their feet into property sector for the wrong reason. What advantage do they have that increases their odds of winning? As plastic demand is coming back based on 2Q2024 GDP, I hope their adventure into property won’t offset their earnings from the plastic sector.

Posted by PuaQW91 > 2 days ago | Report Abuse

I think Tguan will declare dividend on August ...

Posted by lloydlim > 5 hours ago | Report Abuse

Time to accumulate!

Posted by Pinky > 3 hours ago | Report Abuse

Time to go Holland XD

Posted by speakup > 1 hour ago | Report Abuse

Drop 3 sen only dah panik

Posted by Phoebe > 35 minutes ago | Report Abuse

@Maxpower, That was my thought as well. Furthermore, their property venture is mostly in Kedah as they JV with state government to build commercial lot. I was wondering what is the demand like for commercial property in Kedah?