Posted by PuaQW91 > 1 month ago | Report Abuse

Drop again today Tenaga XD

Posted by PuaQW91 > 1 month ago | Report Abuse

On the way to RM2.20 before Q4 released?

Posted by Pinky > 1 month ago | Report Abuse

Electricity bill hike is hurting many manufacturers

Posted by PuaQW91 > 1 month ago | Report Abuse

Ya. Let's see got any subsidies / tax incentive or not in revised Budget 2023

Posted by Pinky > 4 weeks ago | Report Abuse

BPPLAS mediocre results, brace yourself for similar if not worse with TGUAN

Posted by Phoebe > 4 weeks ago | Report Abuse

Yup, citing higher cost of raw material and operation cost. The higher cost didn't include the recent hike of electricity tariff and adjustment on working hour. Futhermore EU recently review the single use plastic and target to reduce by 5% by 2030 base on 2018 consumption (more or less something like that). It operating environment is getting more challenging.

Posted by PuaQW91 > 3 weeks ago | Report Abuse

I thought the end of the month was supposed to be a shopping spree...

Posted by Papayashot > 3 weeks ago | Report Abuse

As analysts covering BP Plastics and Thong Guan, we need to underscore that these companies' stretch films are 100 per cent recyclable, and a substantial part of the raw materials for their stretch films are sourced from recyclable products," CGS-CIMB Research further noted.

Thong Guan's production facilities in Peninsular Malaysia are also completely powered by solar energy, making the company one of the biggest users of this renewable energy in Malaysia.

Posted by Pinky > 3 weeks ago | Report Abuse

Yea no like

https://www.thestar.com.my/business/business-news/2022/07/22/thong-guan-transitions-into-100-renewable-energy-for-its-electricity-supply

However, labour costs and sales demand are 2 question marks too

Posted by Pinky > 3 weeks ago | Report Abuse

Previously I targeted to re-enter at 2.30. Now I think 2.20 more suitable re-entry

Posted by simon_nick > 3 weeks ago | Report Abuse

Habis lah TGUAAN

Posted by All_in_2021 > 3 weeks ago | Report Abuse

The management said confident with the europe line. Is it a new line?

Posted by Pinky > 3 weeks ago | Report Abuse

Aggressive expansion. Jangan nanti become glove 2.0

Posted by Phoebe > 3 weeks ago | Report Abuse

Yes, it is a new line.
Still standing strong and recover abit from today's drop. I shall wait for next Q result. That will be interesting because if past results down due to increase of operation cost, then electricity and labour will put more pressure to it.

Posted by PuaQW91 > 3 weeks ago | Report Abuse

Still declared 2.25 cents dividend nevertheless. I guess can get cheaper than RM2.20 for the share price

Posted by All_in_2021 > 3 weeks ago | Report Abuse

electricity is a big hit to most of the companies. One question - polyethylene price increase will impact their cost or selling price? or both

Posted by PuaQW91 > 3 weeks ago | Report Abuse

Definitely will impact their cost and mostly they will transfer the cost to their consumers by increasing the selling price

Posted by Pinky > 3 weeks ago | Report Abuse

Okay. Re-entered. Attractive entry point.

Posted by Pinky > 3 weeks ago | Report Abuse

China reopening and manufacturing restart will be good for TGUAN

Posted by Phoebe > 3 weeks ago | Report Abuse

Didn't drop to my buy Q price. Lowest was 2.24 Maybe better luck next time.

Posted by PuaQW91 > 3 weeks ago | Report Abuse

Still got chance when BNM announce latest OPR I guess

Posted by flyhub888 > 3 weeks ago | Report Abuse

does tguan interested to venture into glove manufacturing

Posted by EatCoconutCanWin > 3 weeks ago | Report Abuse

Good if go in glove

Posted by Phoebe > 2 weeks ago | Report Abuse

No gloves plsss........
Heard that latest OPR will remain the same but like i say, Jan-March results might see some weakness due to increase in operating cost. So, there might be some opportunity to buy on weakness.

Posted by PuaQW91 > 2 weeks ago | Report Abuse

Don't know BN will surprise market or not by raising rate instead

https://www.thestar.com.my/business/business-news/2023/03/06/central-bank-forecast-to-hold-opr-steady

Posted by flyhub888 > 2 weeks ago | Report Abuse

but if it is foreseen to be weakness, the share price will plunge further

Posted by PuaQW91 > 2 weeks ago | Report Abuse

It's coming. Give me RM2.20 tomorrow

Posted by TheGardener > 2 weeks ago | Report Abuse

Where is RM3, RM4, RM5....... please? Ha Ha Ha Ha Ha Ha!

Posted by simon_nick > 2 weeks ago | Report Abuse

TGUAN going Holland :(

Posted by PuaQW91 > 2 weeks ago | Report Abuse

Get it at RM2.22 instead. Haha. Don't wanna wait alrdy for RM2.20

Posted by flyhub888 > 2 weeks ago | Report Abuse

kenaga TP nvr hit

Posted by flyhub888 > 2 weeks ago | Report Abuse

no volume

Posted by PuaQW91 > 2 weeks ago | Report Abuse

Bad market sentiment...next average down price is RM1.80 if market crash

Posted by flyhub888 > 2 weeks ago | Report Abuse

think so.. rm1.80 or even worse

Posted by PuaQW91 > 1 week ago | Report Abuse

Ya...better don't simply goreng stocks right now

Posted by flyhub888 > 1 week ago | Report Abuse

keep cash safer and re enter when market stable

Posted by PuaQW91 > 1 week ago | Report Abuse

Cash is king now so that can be greedy when market is crashing

Posted by Phoebe > 1 week ago | Report Abuse

Scientex lastest QR reported lower revenue from their packaging business due to reduction in demand and cited higher operation cost. I think next QR will be more challenging as hike in electricity and labor cost.

Posted by faridfet > 1 week ago | Report Abuse

mayday mayday jual

Posted by PuaQW91 > 1 week ago | Report Abuse

Not yet. wait a good price to sell

Posted by flyhub888 > 1 week ago | Report Abuse

how is the prospect of this company

Posted by PuaQW91 > 1 week ago | Report Abuse

As we approach the third month of the new 2023 year, the Group has experienced a steady accumulation of orders for its plastic products in tandem with the gradual increase of plastic prices since January 2023. These orders are anticipated to increase the sales volume for financial year 2023. In addition, the Group is optimistic about the full operations of its three new European blown film lines and 2 newly commissioned premium stretch films lines.

Prospect given by Tguan in its Q4FY2022

Posted by All_in_2021 > 1 week ago | Report Abuse

How much more ESOS they can exercise? Keep diluting the EPS

Posted by PuaQW91 > 6 days ago | Report Abuse

Probably need to ask their management about that during this upcoming AGM...

Posted by Phoebe > 5 days ago | Report Abuse

I actually posted this few months back on the ESOS. Resharing now

Anyway i found this info in the Annual report. Might have miss it when it read it the 1st time.
Can refer to page 73 of the annual report. (Link Below). TGUAN approved 28.6M of ESOS shares at the price at RM1.13 for 5 years (2019-2024). Lets say if all are fully exercise, then TGUAN number of shareholding (NOSH) is about 410M. Not great but not a big concern as it 7% increase in NOSH and future earning will be diluted by 7%

Posted by PuaQW91 > 5 days ago | Report Abuse

Thanks for sharing, Phoebe. Good thing Tguan is going up instead recently

Posted by All_in_2021 > 5 days ago | Report Abuse

great analysis Phoebe. Great to have u here :)

Posted by PuaQW91 > 3 days ago | Report Abuse

What a great momentum Tguan is having this week. Uptrend coming?

Posted by flyhub888 > 3 days ago | Report Abuse

rm3 cominggg

Posted by PuaQW91 > 15 hours ago | Report Abuse

Rm3 is a bit high for Tguan's TP as for now