Posted by Pinky > 3 weeks ago | Report Abuse

Doesn't make sense to sell off the profitable though small segment. Bad for minority shareholders!

Posted by newway > 3 weeks ago | Report Abuse

Thong Guan Trading (Thailand) Co Ltd — contributed around 4% to 5.24% of Thong Guan’s revenue and 3.3% to 6.7% of its net profit for the past three financial years.

Posted by SincereStock > 3 weeks ago | Report Abuse

Pinky, ITreeinvestor, newway true indeed.

most importantly F&B is the only promosing business left, cut loss sold all here

Posted by SincereStock > 3 weeks ago | Report Abuse

somemore I only buy into this company due to it's F&B business, no point to stay anymore now selfish mainholders

Posted by snowball2000 > 3 weeks ago | Report Abuse

Not too bad, considering the fair valuation accorded...

Posted by SincereStock > 3 weeks ago | Report Abuse

no matter how good it is one off deal. the most you can gain is the one off special dividend, provided share price sustain / didn't adjust accordingly

Posted by XinXin Chan > 3 weeks ago | Report Abuse

SincereStock, are u kidding? U bought into a plastic packaging company just for its F&B business?...lol

Posted by SincereStock > 3 weeks ago | Report Abuse

@XinXin Chan no kidding, that is it's only still promising business, plastic packaging business is sunsetting if you notice it's EPS contribution is keep on declining

Posted by SincereStock > 3 weeks ago | Report Abuse

f&b is just short form btw, not actually f&b, it is actually f&b containers

Posted by sakurako > 3 weeks ago | Report Abuse

i could be wrong, but im in tguan due to its plastic business. Eco-packaging especially japanese market? hope the USD up recently will improve the profit

Posted by sakurako > 3 weeks ago | Report Abuse

sorry i do not study very details, but if tguan valued at 600m, above offer 60m is 10% of tguan, but this business is generating 5% to the group, overall i would say is fair value... but hope can be more

Posted by Titan > 3 weeks ago | Report Abuse

I think Tguan is trying to streamline its business to get a better valuation. I guess most of F&B doesn't get a higher valuation and F&B is just a small portion of it. Looking at recent development, they are trying to copy what scientex it doing. Only Scientex get a higher valuation as property sector which is about 20x. BPplas & Tguan are in the lower 10x.

Posted by Titan > 3 weeks ago | Report Abuse

Also, with trump taking office, there will be a huge shift in ESG. He care less about environmental issues. He will pump more oil and therefore the raw material will go down. Plastic consumption will go up and with the tariff impose on Mexico, brazil and china, there will be a shift of purchasing to countries and hope this will benefit Malaysia.

Posted by yfchong > 2 weeks ago | Report Abuse

Apa Macam ini boleh jadi sky is the limit in 2025?. Let's see yeah

Posted by katara > 2 weeks ago | Report Abuse

buy

Posted by PuaQW91 > 2 weeks ago | Report Abuse

Thong Guan plans to pay 7 sen special dividend after RM60m F&B sale 😯

Posted by ITreeinvestor > 2 weeks ago | Report Abuse

Dispose earning business is not a good idea, this will cause earning less RM6,392,000 , around 10% of profit in future.

Posted by ITreeinvestor > 2 weeks ago | Report Abuse

(ii) Loss of potential future income from STGT Group

With the Proposed Disposal, TGIB will be disposing STGT Group and STGT Group will
cease to be subsidiaries of TGIB upon completion of the Proposed Disposal. TGIB
Group will no longer be able to recognise the share of results of STGT Group and
receive any future dividend income which may be declared and paid on the Sale Shares
by STGT.

Posted by yfchong > 2 weeks ago | Report Abuse

I have join the crowd

Posted by yfchong > 2 weeks ago | Report Abuse

Ang san let tguan be great yeah

Posted by PuaQW91 > 1 week ago | Report Abuse

What is Ang san? 🤔

Posted by yfchong > 1 week ago | Report Abuse

Mr. Ang

Posted by yfchong > 1 week ago | Report Abuse

Let's make this is the bottom w formation.
Drive
2 bil sales order by 2027.
2 premiums forming line in luck start.(let's report 1 of the line in fine adjustment.) Start rolling out cash yeah.
How about sciencetex PE must check check yeah

Posted by ChekHupCoffee > 1 week ago | Report Abuse

Any bad news? Why keep dropping?

Posted by ITreeinvestor > 1 week ago | Report Abuse

selling golden goose which contribute to profit 6mil a year.

Posted by ITreeinvestor > 1 week ago | Report Abuse

and the worst part is they use the cash to pay dividend rather than expansion for their own business.

Posted by PuaQW91 > 1 week ago | Report Abuse

They did expand into property business

Posted by jeffrey1166 > 1 week ago | Report Abuse

cheap now

Posted by yfchong > 1 week ago | Report Abuse

relax take five,
2 bil yeah

Posted by gladiator > 1 week ago | Report Abuse

BP Plastics pay better dividend, strong support.

Posted by yfchong > 1 week ago | Report Abuse

sudah reach double bottom ?

Posted by Pinky > 1 week ago | Report Abuse

BPPLAS better, I gave up on TGUAN

Posted by gladiator > 1 week ago | Report Abuse

Tguan what happen?? Everyday drop?

Posted by ChekHupCoffee > 1 week ago | Report Abuse

Trump tariff?

Posted by yfchong > 1 week ago | Report Abuse

Double bottom fails to be created, next pitch liao

Posted by lloydlim > 6 days ago | Report Abuse

Downtrend towards 1.00? Possible?

Posted by Lee Ying Yee > 6 days ago | Report Abuse

why drop ? 1.esos not stop 2. oversea fund sell . 3.director sleeps ??

Posted by Titan > 6 days ago | Report Abuse

Like this the 7c dividend given also no use le.....give u 7c........share loose 70c.
What is Tguan management doing? Penny wise pound foolish? Maybe they are not the same company as they used to be.

Posted by LossAversion > 6 days ago | Report Abuse

@Titan, the 7c declared is "not really intended" for you....it is to satisfy those "big bugs" sitting on the board!

Posted by Titan > 6 days ago | Report Abuse

huh?...not distribute to all Tguan shareholder?

Posted by Lee Ying Yee > 6 days ago | Report Abuse

invest now??

Posted by xcu843 > 6 days ago | Report Abuse

Why share price keep dropping? Share price will cause market cap to be reduced. Now already less than 600 mils. They want to separate out F&B ,about 10% of market cap, 60 mils. If share price go lower and lower by next year, F&B will cause below far away from 60 mils. Then this Ang family will buy cheaper price, less than 60mils. Maybe 50 mils only. This all control by them.

Posted by ITreeinvestor > 5 days ago | Report Abuse

This is the best strategy of how to make fortune from listing company.

Start a new business, if the business fail (like 2018 restaurant) , keep inside the company, all the share holders bite the bullet.

If the new business is growing, Ang family bought over and the money pay from them cash back from dividend.

Posted by PuaQW91 > 5 days ago | Report Abuse

New low today ... Chip in a bit 🙂

Posted by Pinky > 5 days ago | Report Abuse

I've been screaming "value trap" since dunno when...

Posted by alan26334 > 4 days ago | Report Abuse

it is good to split out F&B business as no room for future growth due to competitive of this business, many competitors are around now for coffee and tea.....

Posted by yfchong > 4 days ago | Report Abuse

let's see Mr. Ang can bring us to next level yeah. (Rising level lar )

Posted by jeffrey1166 > 4 days ago | Report Abuse

coming can fly

Posted by jeffrey1166 > 4 days ago | Report Abuse

coming can fly

Posted by yfchong > 4 days ago | Report Abuse

let's see having scout that ESOS transaction price set at RM1.68........ ini apa sebab yeah ?