Posted by PuaQW91 > 2023-03-20 16:22 | 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 > 2023-03-20 18:52 | Report Abuse

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

Posted by PuaQW91 > 2023-03-21 17:19 | Report Abuse

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

Posted by Phoebe > 2023-03-22 09:52 | 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 > 2023-03-22 17:27 | Report Abuse

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

Posted by All_in_2021 > 2023-03-22 17:42 | Report Abuse

great analysis Phoebe. Great to have u here :)

Posted by PuaQW91 > 2023-03-24 18:17 | Report Abuse

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

Posted by flyhub888 > 2023-03-24 20:30 | Report Abuse

rm3 cominggg

Posted by PuaQW91 > 2023-03-27 16:10 | Report Abuse

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

Posted by PuaQW91 > 2023-03-29 19:39 | Report Abuse

anyway, positive momentum for Tguan these few days

Posted by def147258 > 2023-03-29 19:40 | Report Abuse

Share a good teacher, when I met Glove Stock, it was the teacher who helped me to solve it and helped my stock market slowly recover losses. I hope that retail investors can unite. What good news can be shared together and spent the difficulties together!

Posted by PuaQW91 > 2023-03-30 19:17 | Report Abuse

No matter you earn or lose in the stock market, those are great experiences for people to learn

Posted by PuaQW91 > 2023-04-05 19:10 | Report Abuse

This Raya is gonna to boost up the packaging sale

Posted by flyhub888 > 2023-04-07 19:39 | Report Abuse

agree.. packaging demand is getting higher.

Posted by PuaQW91 > 2023-04-10 19:31 | Report Abuse

Luckily got collected at Rm2.22 there last month

Posted by Phoebe > 2023-04-13 10:19 | Report Abuse

Which type of packaging does Tguan benefit during Raya?

Posted by All_in_2021 > 2023-04-13 10:28 | Report Abuse

The hope is tapering into Europe market

Posted by PuaQW91 > 2023-04-13 14:59 | Report Abuse

@Phoebe. Apparel I guess

Posted by Phoebe > 2023-04-13 15:45 | Report Abuse

Apparel??? Didn't know Tguan do apparel.
This month, AR will be released. I'm curious to see what management thinks about the economy and how will the business be affected over the next 12 months.

Posted by All_in_2021 > 2023-04-13 18:56 | Report Abuse

Management keeps saying having healthy book order. not sure is over optimistic
Apparel? Didnt know that too..

Posted by PuaQW91 > 2023-04-14 16:16 | Report Abuse

Rumors only. Haha
Better refer to their 2022 Annual Report

Posted by PuaQW91 > 2023-04-18 15:54 | Report Abuse

When is Tguan going to release its annual report...?

Posted by snowball2000 > 2023-04-19 10:13 | Report Abuse

Annual reports had always been out by end April for past 6 years, so it should be soon....

Posted by PuaQW91 > 2023-04-19 20:03 | Report Abuse

Great then. I thought it would be after Raya too

Posted by PuaQW91 > 2023-04-26 15:08 | Report Abuse

...Gradually decline before release annual report. Really bad sentiment for packaging company

Posted by PuaQW91 > 2023-04-28 15:47 | Report Abuse

Who is going to attend its AGM on 22th next month?

Posted by flyhub888 > 2023-04-28 22:21 | Report Abuse

what is the highlight in annual report ? anyone had read yet?

Posted by snowball2000 > 2023-04-29 09:31 | Report Abuse

PBT contracts slightly. Given the various challenges (labour cost, resin cost, finance cost etc.), its current performance is considered commendable. Outlook remains challenging...

Posted by snowball2000 > 2023-04-29 09:38 | Report Abuse

Can't see much in terms of future plans. Anyone has any highlight?

Posted by PuaQW91 > 2023-05-02 15:49 | Report Abuse

If can't find any direction in their annual report, then have to attend their AGM on 22th for more information...

Posted by flyhub888 > 2023-05-07 00:13 | Report Abuse

no news bout this counter?

Posted by Phoebe > 2023-05-07 14:23 | Report Abuse

Anyone attending the agm. They are doing the physical arm and no more virtual. If anyone attending, pls bring this up to the management to hv both. Not everyone can attend in sg.petani Kedah.

Posted by PuaQW91 > 2023-05-08 16:22 | Report Abuse

Yaya. Look forward to 'good people' will post some notes here after the AGM

Posted by PuaQW91 > 2023-05-15 16:31 | Report Abuse

Possible they will focus on ESG and energy efficiency during the AGM. hah

Posted by PuaQW91 > 2023-05-18 17:27 | Report Abuse

Next Monday AGM. Time flies

Posted by Gabriel Khoo > 2023-05-21 18:31 | Report Abuse

BY INTAN FARHANA ZAINUL
ow-profile plastic packaging company Thong Guan Industries Bhd has seen stellar growth in its top and bottom line over the last five years, on the back of increasing demand for pre-mium stretch film in Europe.
The group charted a compound annual growth rate (CAGR) of almost 10% in revenue and 18% in net profit from 2018 to 2022.
Unfazed by an expected slowdown in the economy this year,Thong Guan executive direc-tor Alvin Ang See Ming is confident the group can achieve at least 10% revenue growth as it continues to expand its production capacity amid more stable raw materials prices.
"I think we can achieve it. Last year, the second half of the year was not good for us. For this year, hopefully, it can pick up again. We have seen some pickup in demand in recent months with China reopening and raw material prices stabilising," he tells The Edge in an interview.
He acknowledges that there is a risk of an economic slowdown this year, but says that demand for plastic packaging is nevertheless expected to remain robust. The group will continue its focus on expanding into the European and US markets, which have been driving its growth over the past six years.
"The market in Europe and the US is very big for premium packaging. We don't fore-see any obstacles for us to continue to grow in the next five to 10 years especially in the stretch film segment," he says.

From the edge

Posted by Gabriel Khoo > 2023-05-21 18:32 | Report Abuse

Finding sustainability in plastic packaging Plastic is widely used in many industries, especially consumer products. The regula-tions regarding the sustainability of plastic packaging are evolving and more companies are increasingly working towards environ-mentally friendly solutions.
"Sustainability has been a big topic since last year and that has transformed the in-dustry. Previously, recyclable plastic content was sold at a cheaper price, but now the trend has reversed. Plastic packaging with recycled content is selling at a higher price because of the shortage of recycled materials," Ang says. He points out that 100% of Thong Guan's products are recyclable.
Ang stresses that plastic is one of the most sustainable materials as its lighter weight re-duces its environmental footprint.
"One of the main issues with the usage of plastic is waste management, because it's light-er than water. As such, we have been working with our customers to collect all used plastic packaging since last year and recycle it our-

Posted by snowball2000 > 2023-05-23 10:33 | Report Abuse

Good QR overall despite slightly lower profit due to increased cost base. Future outlook remains positive... :)

Posted by PuaQW91 > 2023-05-23 17:30 | Report Abuse

Seems like this Q1 didn't get to be attractive enough...

Posted by PuaQW91 > 2023-05-25 17:37 | Report Abuse

Seems like yesterday was a good chance to accumulate

Posted by Phoebe > 2023-05-26 08:03 | Report Abuse

got some at RM2.19........ @^_^@ meow

Posted by All_in_2021 > 2023-05-26 17:09 | Report Abuse

who attended the AGM? any important things to know?

Posted by PuaQW91 > 2023-05-26 19:20 | Report Abuse

No one share the AGM notes here....but can refer to Kenanga one

https://klse.i3investor.com/web/pricetarget/research/67334

Posted by PuaQW91 > 2023-05-29 18:38 | Report Abuse

Still prefer virtual AGM instead of physical AGM currently ...

Posted by PuaQW91 > 2023-06-07 17:19 | Report Abuse

Collect again when it hit below its 52 weeks low

Posted by PuaQW91 > 2023-06-15 17:23 | Report Abuse

Kenanga remains positive on the sector’s longer-term prospects btw as players have put in place fairly aggressive expansion plans to take advantage of the eroding competitiveness of their overseas rivals

Posted by All_in_2021 > 2023-06-15 19:51 | Report Abuse

any idea if the demand is there? they talking about europe new customers, but wonder if there's really so good demand at this current economy

Posted by Phoebe > 2023-06-19 15:36 | Report Abuse

Scientex packaging reported much lower revenue but luckily was offset by lower raw material cost.

Posted by PuaQW91 > 2023-06-19 15:53 | Report Abuse

Plastic packaging industry is slowing down...but it's a good opportunity for accumulation to me😁

Posted by PuaQW91 > 2023-06-20 15:36 | Report Abuse

Almost fall through its 52 weeks low today...start queuing at there