Posted by Phoebe > 2023-07-12 12:18 | Report Abuse

I got some at RM2.01 and RM2.02. @^_^@ meow

Posted by PuaQW91 > 2023-07-13 15:10 | Report Abuse

Nice, Phoebe. Looks like Rm2 is its bottom

Posted by Phoebe > 2023-07-14 07:47 | Report Abuse

Thanks. I still continue to accumulate this stk. So far so good..... @^_^@

Posted by PuaQW91 > 2023-07-14 10:12 | Report Abuse

This ain't consider knife alrdy, but instead it's a juicy durian. Pick it up and eat. Tasty

Posted by Phoebe > 2023-07-14 11:36 | Report Abuse

To me Tguan is still a young durian tree. In 3 yrs time, hopefully it will grow into a big strong bushy durian trees and start to bear lots of fruit.

Posted by All_in_2021 > 2023-07-14 15:10 | Report Abuse

congrats to those that picked up at low price

Posted by PuaQW91 > 2023-07-17 11:58 | Report Abuse

It's good choice to apply DCA on this company 😊

Posted by PuaQW91 > 2023-07-24 12:58 | Report Abuse

Chance to collect it cheap again. ha

Posted by Phoebe > 2023-07-24 20:44 | Report Abuse

Park at RM2.0 and Rm2.01, Didn't get to the level.

Posted by snowball2000 > 2023-07-25 09:41 | Report Abuse

slow slow wait.... ;)

Posted by PuaQW91 > 2023-07-25 11:26 | Report Abuse

Yesterday sliding, today it's rebounding... hard to collect at that price again I think

Posted by Phoebe > 2023-07-25 15:47 | Report Abuse

Well, I shall wait patiently. I have allocated a portion for this stock and so far has bought 60% of it. Still have 40% dry powder if it tank further. If it doesn't go down.....good for everyone also.

Posted by PuaQW91 > 2023-07-31 10:36 | Report Abuse

Let's look forward to a great improvement in its Q2 result : )

Posted by flyhub888 > 2023-08-01 00:08 | Report Abuse

is plastic industry that bad. come on

Posted by Phoebe > 2023-08-02 07:36 | Report Abuse

The industry is facing some headwind where increased in electricity, raw material and freight charges cost. This is where the strength of management come into play.

Posted by PuaQW91 > 2023-08-02 16:24 | Report Abuse

Be patient, its business will back to prime time

Posted by Robert Waters > 2023-08-02 16:35 | Report Abuse

Oh my gosh. I was actually looking for teck guan and ended up here. Sorry for the intrusion. I am gone.
:-)

Posted by Robert Waters > 2023-08-03 09:00 | Report Abuse

Darn, I begin to like it. Maybe I will tap in a bit.

Posted by PuaQW91 > 2023-08-03 15:55 | Report Abuse

Be sure to tap more. hehe

Posted by Pinky > 2023-08-07 10:19 | Report Abuse

SLP results not pretty. Beware

Posted by PuaQW91 > 2023-08-07 14:03 | Report Abuse

Ya..I estimate Tguan's revenue will drop 5% to 10% in q2

Posted by Phoebe > 2023-08-09 10:37 | Report Abuse

I think revenue will pick up abit because they have additional line installed and another unit ready by end of this year. I more concern on the profit margin. This is due to the electricity has increased tremendously. Previously they only paying ICPT of 3.7c / kwh. Now it is either they choose to pay 17c/kWh or 21.8c/kWh for Green energy. In their AR, the have promote that 60% of their energy is Green and thus makes their product greener. If they reduce any Green Energy, it will look bad on their ESG. Furthermore, Government no longer cap the quota for green energy and hence if they walk the talk, they are allowed to subscribe to 100% green energy which will results in higher operation cost. They are indeed squeeze between a rock and a hard stone.

Posted by Pinky > 2023-08-09 11:44 | Report Abuse

@Phoebe

Capacity is one thing
DEMAND is another thing

Posted by Phoebe > 2023-08-09 12:41 | Report Abuse

Demand for their stretch film increase and it contribute to 60% of Tguan revenue. In fact they need to turn down orders according to their AGM minutes. The blown out packaging demand reduce due to less online purchase compare during covid time. Management is exploring other market. Other segment is still loss making previously. If they can break even, then it consider positive already.

Posted by PuaQW91 > 2023-08-10 17:03 | Report Abuse

Have to admit that plastic packaging business is slowing down this year...

Posted by PuaQW91 > 2023-08-11 10:54 | Report Abuse

but no harm to collect slowly if got free cash flow and wait for the business to bloom. Ha

Posted by PuaQW91 > 2023-08-16 12:07 | Report Abuse

Tguan is slowly going up before q2 is out 😃

Posted by Dehcomic01 > 2023-08-23 09:10 | Report Abuse

Over the past 10 years, TGUAN delivered an average ROE of 10%. A valuation also showed that there is some margin of safety. Moral of story? Worth digging further. For more insights go to https://www.moomoo.com/community/feed/110935999512582?global_content=%7B%22promote_id%22%3A14079%2C%22sub_promote_id%22%3A25%7D

Posted by PuaQW91 > 2023-08-23 12:39 | Report Abuse

Share price retraced due to ESOS...

Posted by Stevecheahsw > 2023-08-24 22:59 | Report Abuse

Esos price is cheap, only Rm1.13

Posted by Pinky > 2023-08-24 23:49 | Report Abuse

Sales down compared to last year and also against immediate preceding quarter
Profit margin down compared to last year
No dividend

Ugly!!!

Posted by PuaQW91 > 2023-08-28 11:29 | Report Abuse

Plastic packaging business is slowing down...At least Tguan's Q2 outperformed Q1 in terms of EPS

Posted by Phoebe > 2023-08-28 14:03 | Report Abuse

Looks like Q3 might be even uglier. The ICPT was not reflected in the last QR because ICPT revised on 1st July 2023.

Posted by Maxpowar > 2023-08-29 08:42 | Report Abuse

@Phoebe ICPT is reflected in latest QR; it’s stated as one of the main reasons why PBT dropped apart from subdued plastic demand.

Posted by snowball2000 > 2023-08-30 10:53 | Report Abuse

ICPT was revised from RM0.20/kWh to RM0.17/kWh. If I m not mistaken, TGuan should see some respite in terms of electricity charges next quarter?

Posted by PuaQW91 > 2023-08-30 13:12 | Report Abuse

The cost of electricity will be lowered down according to certain source

Posted by Phoebe > 2023-09-01 11:21 | Report Abuse

Snowball was correct when he stated that the ICPT was reduced from 0.20 to 0.17/kwh. However, keep in mind that Tguan and many other plastic companies signed up for the Green Energy Tariff from January to June of this year, with an ICPT of 0.037/kwh and a GET subscription cost of 0.037. In short, they were only paying 0.074 cents per kWh. Of course, the GET was limited to 30% of total energy consumption. However, if you refer back to the AGM and AR, I believe plastic packaging was given a higher GET capacity, but I'm not sure of the exact figure.

Posted by Markv572421 > 2023-09-04 09:23 | Report Abuse

Pity no people buying tguan shares .....

Posted by Pinky > 2023-09-04 09:33 | Report Abuse

I've been saying this is a value trap for so long...

Posted by Markv572421 > 2023-09-04 11:07 | Report Abuse

clear the ikan bilis

Posted by Markv572421 > 2023-09-04 11:09 | Report Abuse

no momentum no strength no buy ........tguan super duper tortoise ......only selling much better

Posted by Pinky > 2023-09-04 15:20 | Report Abuse

If Management pays shareholders higher dividend, can get 4%+ dividend yield maybe still can justity

2%++? Cannot support la

Posted by Phoebe > 2023-09-05 13:40 | Report Abuse

If the management can declare a dividend policy like BP Plastic, that will certainly boost investor confident. And stop all the esos and director disposing the shares recently (even thou a small qty) does not bode well with investor confidence.

Posted by Maxpowar > 2023-09-05 14:47 | Report Abuse

Totally agree with Phoebe

Posted by PuaQW91 > 2023-09-07 14:57 | Report Abuse

That could explain why Datuk Ang disposed his own shares few days ago...

Posted by Maxpowar > 2023-09-07 21:21 | Report Abuse

@PuaQW91 What could explain Ang Poon Seong disposed his shares?

Posted by Penang_lang > 2023-09-07 21:24 | Report Abuse

Ang scared Tguan will drop <RM 2?

Posted by PuaQW91 > 2023-09-12 14:55 | Report Abuse

no dividend. He rather cashed out and put FD 😁

Posted by snowball2000 > 2023-09-13 15:03 | Report Abuse

RM2 broken, now RM1.99... Going down further?

Posted by PuaQW91 > 2023-09-15 12:19 | Report Abuse

With this price movement, it might slide down further...