Posted by cipapo > 2015-02-05 18:46 | Report Abuse

ringgit still dropping...Tguan set to post record profit soon in Feb....hold on tight

Posted by chongkonghui > 2015-02-05 22:54 | Report Abuse

TGUAN has almost USD9~10m USD loan, based on 30.09.2014 results.

Can it be truly benefiting from appreciating USD?

Posted by Jason Lim > 2015-02-08 12:06 | Report Abuse

Some profit taking this coming week.

Posted by cipapo > 2015-02-11 09:57 | Report Abuse

http://www.theedgemarkets.com/en/article/klci-volatile-ringgit-weakens

KUALA LUMPUR (Feb 11): The FBM KLCI vacillated between gains and losses as investors eyed overnight US stock gains and optimistic Malaysian economic data besides prospects of volatile crude oil prices.

Investors might have also assessed the impact of Malaysia's highest court decision yesterday to reject opposition leader Datuk Seri Anwar Ibrahim's appeal against his sodomy conviction. Anwar faces a five-year jail term after his appeal was rejected.

Today, the KLCI rose 0.15 point or 0.01% to 1,811.27 at 9:04am before erasing gains. The index was traded lower at 1,810.58 at 9:14am.

M&A Securities Sdn Bhd research head Rosnani Rasul said crude oil markets and Malaysia's industrial output numbers could have an impact on domestic shares.

In a note today, Rosnani said the country’s industrial output, which grew 7.4% in December 2014 from a year earlier, might indicate that the nation's full-year gross domestic product (GDP) growth had come in higher than 2013's 4.7% expansion.

Bank Negara Malaysia will announce the country's fourth quarter and full-year 2014 GDP numbers tomorrow.

Today, Reuters reported that crude oil prices fell for the first time in four sessions on Tuesday after the International Energy Agency warned that ample supplies will raise global inventories before investment cuts begin to significantly dent production.

As a result, the ringgit weakened against world currencies as crude oil is a major component of the Malaysian economy.

The ringgit weakened versus the US dollar at 3.5835, and compared to the Singapore dollar, the ringgit depreciated to 2.6446.

Rosnani said "oil may suffer softness once the US is certain on its policy rate hike path."

Bursa Malaysia saw some 132 million shares worth RM45 million changed hands. There were 111 gainers versus 72 decliners.

Tguan shooting up very fast ...end of Feb 2015 posting record profit

Posted by cipapo > 2015-02-13 11:21 | Report Abuse

RECORD PROFIT COMING...HANG IN THERE GUYS

Posted by i3i2i1 > 2015-02-17 09:58 | Report Abuse

buy?

Posted by cipapo > 2015-02-17 22:53 | Report Abuse

yeah...you will regret not buying....

Posted by i3i2i1 > 2015-02-17 23:16 | Report Abuse

good support at 2.25, when QR?

Posted by cipapo > 2015-02-18 13:18 | Report Abuse

next week 27/28 Feb.....that's why buy now....ride the wave

Posted by xcu843 > 2015-02-23 15:38 | Report Abuse

When report announces?

Posted by cherry88 > 2015-02-25 17:46 | Report Abuse

CIMB research mentioned to announce its QR on 26th Feb.....Better buy before 5.00pm on 26th Feb.....

Posted by samer > 2015-02-26 15:57 | Report Abuse

What's TP after QR ? 2.45-2.50??

Posted by xcu843 > 2015-02-26 17:42 | Report Abuse

no report yet

Posted by samer > 2015-02-27 16:50 | Report Abuse

Oh No!!!!!!!!!!!!!

Posted by aikinlai > 2015-02-27 17:33 | Report Abuse

Tguan reported loss for the 4th qtr of 4.6 mil. God bless me......

Posted by xcu843 > 2015-02-27 17:52 | Report Abuse

habis liao report loss

Posted by xcu843 > 2015-02-27 17:53 | Report Abuse

But declar 4 cents dividen

Posted by skcheng87 > 2015-02-27 18:14 | Report Abuse

kns....less profit still acceptable...why loss so much...

Posted by cbtinvest > 2015-02-27 18:23 | Report Abuse

hold or sell?

Posted by cbtinvest > 2015-02-27 18:25 | Report Abuse

they stated less cost of material resulting lower selling pricecausing the loss wtf

Posted by aikinlai > 2015-02-27 18:52 | Report Abuse

I think their math calculation on profit margin got problem... haha. Very disappointed as nearly everyone expecting a good result including kenanga. I bought wa, game over liao due not enjoying the dividend

Posted by xcu843 > 2015-02-27 20:06 | Report Abuse

How come raw material cost down but selling price also follow down? What theory of this?

Posted by Lee H. Tan > 2015-02-27 21:03 | Report Abuse

NTA has increased to RM3.25

Posted by cherry88 > 2015-02-28 10:50 | Report Abuse

The lower raw material price was a result of lower fuel price. BUT the customers will "force" the company to lower the price. (due to competition) So, in a longer term, this export industry will not gain this "abnormal" profit in a long term.....This is what it means.
TGUAN has been very transparent and prodent to impair receivables (RM5.5 million). They also provvide forex loss of RM4.1 million. Thise could be due to the earlier hedged against USD proceeds at a much lower rate.....So, I would say the worst is over for TGUAN. Its NTA per share of RM3.25 together with its dividend should profit a good cushion to the share price.

Posted by cipapo > 2015-02-28 10:56 | Report Abuse

yup....Mr Tong is still holding buying Tguan shares.....Monday buying opportunity....

Posted by lcwin > 2015-02-28 11:33 | Report Abuse

Tquan make a lot of provision for bad debts and foreign exchange loss on their loans likely one off which is around RM10 millons. Actual op profit is still ok. Have to see how they perform next qtr as this qtr a lot of new production line is installed. Yes sell first and buy back later could be profitable

Posted by RedEagle > 2015-02-28 11:42 | Report Abuse

RON 95 97 esok ada naik kah?

Posted by Elvin Beh Chun Yen > 2015-02-28 11:42 | Report Abuse

i have some reservations in this counter due to the large increase in inventories (?no customer) and the large impairment costs (?losing money in china).

however, there's some hope. there are new production lines coming in. management is positive on higher profit. hence, next 2 quarter report is crucial.

my personal TP for Tguan is about 2.9. good dividend yield, high NTA and the expansion plans in place would provide good support for Tguan. If it drops to below RM2, i will increase my stake.

Posted by cbtinvest > 2015-02-28 11:50 | Report Abuse

Last time they said higher material cost lower profit. Now higher cost also they said lower sell8ng price. So what they want? Dun think there is hope as no matter how the raw materials cost they r doom

Posted by cbtinvest > 2015-02-28 11:52 | Report Abuse

Sorry i mean lower material cost

Posted by xcu843 > 2015-03-01 10:45 | Report Abuse

I think they really need money to spend on another line setup. See how tomorrow share price
?

Posted by xcu843 > 2015-03-02 09:22 | Report Abuse

buy if below <1.90

Posted by cipapo > 2015-03-02 13:53 | Report Abuse

good company with temporary setback...will rebound stronger...good buy today ...thanks to panic seller..

Posted by truthseeker1 > 2015-03-02 13:57 | Report Abuse

Not all Insider pick(Edge) do well. Did they expect Thong Guan loss?

Posted by cipapo > 2015-03-02 14:42 | Report Abuse

this quarter in expansion mode...it is growing...

Posted by fayeTan > 2015-03-02 16:56 | Report Abuse

if u track The Edge news... they will avoid reporting negative news about stock that they recommend... TGUAN is a good example as no news about the quarterly loss. In the HOT STOCK also... cannot see this stock although the decline of close to 10% surely have enough NEWS VALUE

Posted by cipapo > 2015-03-02 17:55 | Report Abuse

today the whole market is falling la... ok u don't buy...let us all buy...look at TGuan's fundamentals!

Posted by CHONG Kong Hui > 2015-03-02 18:26 | Report Abuse

Wow, i missed the SALE!

Posted by NOBY > 2015-03-02 18:30 | Report Abuse

hentam some at RM 1.97 today... the best time to grab is always during unexpected negative surprise...

Posted by CHONG Kong Hui > 2015-03-02 18:31 | Report Abuse

No wonder bad results, during the quarter ended 31.12.2014
.
Impairment loss on receivables RM5.5 m
Loss on foreign exchange (realised) RM1.7m
Loss on foreign exchange (unrealised) RM2.4m

TGUAN's loan mainly in USD. Thus NOT benefiting from USD appreciation.

Posted by cipapo > 2015-03-02 22:49 | Report Abuse

TGUAN expects to only benefits from lower raw materials prices from 2Q15 onwards.

Posted by cipapo > 2015-03-02 22:49 | Report Abuse

time to load up..one off incident

Posted by xcu843 > 2015-03-02 23:06 | Report Abuse

Good buy if go to down trend.

Posted by ykloh > 2015-03-03 00:32 | Report Abuse

tg has the practice of delivering unpleasant surprises once a while. in this round, children of 2 directors disposed of some shares soon b4 the poor results were announced. i wonder if this amounts to insider trading.

Posted by oregami > 2015-03-03 14:17 | Report Abuse

5.5mil impairment loss. 1.7mil forex loss. Both PPE & inventory increased by 37%. Is this a goreng act? Buy cheap on bad news? Next Q unwinding of impairment gives etrodinary result. Then sell on news? Anyone has better explaination regarding to the impairment?

Posted by cipapo > 2015-03-04 03:19 | Report Abuse

compare to scientex...tguan is more attractive

Posted by Icon8888 > 2015-03-06 13:04 | Report Abuse

featured in today Focus

Posted by duitKWSPkita > 2015-03-06 13:08 | Report Abuse

Icon8888,

How was ur 元宵节 last night? Nice or not?

Posted by Icon8888 > 2015-03-06 13:12 | Report Abuse

last night i threw oranges

Posted by cipapo > 2015-03-06 13:14 | Report Abuse

http://www.focusmalaysia.my/Mainstream/Thong%20Guan%20eyes%20earnings%20turnaround

Stretch-film manufacturer Thong Guan Industries Bhd must have been glad to see the back of 2014, having posted a 40% fall in profit for the year. Its weak performance was surprising, as the weaker ringgit against the US dollar and low crude oil prices are seen as boons to plastics exporters.

Nevertheless, Thong Guan expects to turn the corner this year as it aims for a profit increase of at least a 50% for FY15, backed by lower raw-material prices and an ongoing plant expansion.

The weaker ringgit distorted its FY14 earnings as it had to report an additional RM9.5 mil in expenses following ringgit fluctuations. Since the Feb 27 announcement of its financial results, the counter has fallen by 9%, from RM2.22 to RM2.02 on March 4.

Despite its weak 2014 results, analysts are positive about the company’s prospects and expect it to see a profit increase of at least a 50% in FY15.

A local stockbroker tells FocusM the plastics industry has been doing well due to lower crude prices. She adds resin, the company’s raw material, is a by-product of crude oil. - See more at: http://www.focusmalaysia.my/Mainstream/Thong%20Guan%20eyes%20earnings%20turnaround#sthash.XFPqEnBk.dpuf