THONG GUAN INDUSTRIES BHD

KLSE (MYR): TGUAN (7034)

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Last Price

1.71

Today's Change

-0.01 (0.58%)

Day's Change

1.71 - 1.73

Trading Volume

205,700


14 people like this.

6,674 comment(s). Last comment by Maxpowar 2 days ago

Posted by jeffrey1166 > 2024-05-20 12:38 | Report Abuse

surely can break

Posted by jeffrey1166 > 2024-05-20 12:39 | Report Abuse

tp can set 3.5 above

Phoebe

453 posts

Posted by Phoebe > 2024-05-21 08:50 | Report Abuse

Looks like Tguan is following Scientex footsteps by diversifying into property sector.

Hi Pua,
Hope you give us some update here after you attend the AGM. I'm not able to go because it is too far for me. Many thanks.

Posted by jeffrey1166 > 2024-05-21 13:20 | Report Abuse

pua got wat door giftx

Phoebe

453 posts

Posted by Phoebe > 2024-05-23 08:59 | Report Abuse

Today is the AGM.
Hi Pua, if it is not to troublesome, do give us some update from the AGM. Thank you in advance.

PuaQW91

651 posts

Posted by PuaQW91 > 2024-05-23 12:52 | Report Abuse

Too bad, Phoebe. I am not going to the AGM ... Got works

Phoebe

453 posts

Posted by Phoebe > 2024-05-23 16:12 | Report Abuse

Noted. Thank you for letting us know.
I guess we need to wait in a month time and see if there is any minutes.
Thanks anyway

xcu843

1,042 posts

Posted by xcu843 > 2024-05-23 19:31 | Report Abuse

Report out and look not bad

Posted by jeffrey1166 > 2024-05-23 20:09 | Report Abuse

coming can fly

flyhub888

539 posts

Posted by flyhub888 > 2024-05-23 20:40 | Report Abuse

way to go. .. topup 2moro before it fly

Pinky

3,406 posts

Posted by Pinky > 2024-05-24 07:02 | Report Abuse

No dividend again???

Posted by jeffrey1166 > 2024-05-24 09:44 | Report Abuse

tp cant 3.2 above

Posted by jeffrey1166 > 2024-05-25 20:20 | Report Abuse

q3 have pink

PuaQW91

651 posts

Posted by PuaQW91 > 2 months ago | Report Abuse

Dividend will be announced in Jun or July I think ..

S363636

14 posts

Posted by S363636 > 2 months ago | Report Abuse

Any info from agm ?

PuaQW91

651 posts

Posted by PuaQW91 > 2 months ago | Report Abuse

I would like to know too, S363636

S363636

14 posts

Posted by S363636 > 2 months ago | Report Abuse

Anggaran awal menunjukkan eksport China mungkin akan meningkat pada Mei apabila permintaan luar semakin kukuh. Kami menjangkakan eksport yang lebih pantas akan meraih daya tarikan untuk menyokong pemulihan yang diteraju oleh pembuatan.

Posted by jeffrey1166 > 2 months ago | Report Abuse

this month div 5 cent

Posted by jeffrey1166 > 2 months ago | Report Abuse

coming can fly

curiousq

969 posts

Posted by curiousq > 2 months ago | Report Abuse

a typical chinaman stock

Posted by jeffrey1166 > 2 months ago | Report Abuse

ya good propective

Pinky

3,406 posts

Posted by Pinky > 2 months ago | Report Abuse

Dato Ang disposing hahaha

lloydlim

3,964 posts

Posted by lloydlim > 2 months ago | Report Abuse

Time to accumulate!

xcu843

1,042 posts

Posted by xcu843 > 2 months ago | Report Abuse

Good time slowly to collect more shares

Posted by jeffrey1166 > 2 months ago | Report Abuse

ya i keep buying

Posted by jeffrey1166 > 2 months ago | Report Abuse

tp can put rm3

Phoebe

453 posts

Posted by Phoebe > 2 months ago | Report Abuse

Scientex QR reported a better revenue and PAT for their packaging division. Hope Tguan will be the same in the upcoming QR

Posted by jeffrey1166 > 2 months ago | Report Abuse

tguan will good

PuaQW91

651 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Tguan is undervalued still

Phoebe

453 posts

Posted by Phoebe > 1 month ago | Report Abuse

I used to respect the management of the company for their commitment in publishing the minutes of their AGM and holding virtual AGMs. Not sure what has change and somehow feel that this company become less investor friendly. Kinda disappoint with the them.

PuaQW91

651 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Do they have IR ?

Pinky

3,406 posts

Posted by Pinky > 1 month ago | Report Abuse

A value trap can be "undervalued" for longer than you can take it

Phoebe

453 posts

Posted by Phoebe > 1 month ago | Report Abuse

They have finally uploaded the 29th AGM minutes but only 2 question asked. I guess not many people attended the AGM. If it was done online, I believed many will have participated and ask some tough critical question. Maybe that is the intention to have physical AGM instead. They shared that the venture into property due to the peers is doing the same. I think they are referring to scientex. Hope they really have the know how.

https://www.thongguan.com/agm/

PuaQW91

651 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Ya, virtual meeting can help the company to save costs too. Not a bad move for Tguan to venture into property sector

PuaQW91

651 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Plastic packaging players anticipate sustained orders through the remainder of CY24, supported by a global recovery in manufacturing activities and consumer spending

https://www.businesstoday.com.my/2024/07/04/manufacturing-renaissance-boon-for-local-plastic-packaging-players/

Phoebe

453 posts

Posted by Phoebe > 1 month ago | Report Abuse

@PuaQW91, Thanks for sharing the information.

PuaQW91

651 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Nice, go back up to RM2 🤗

flyhub888

539 posts

Posted by flyhub888 > 1 month ago | Report Abuse

got dividend?

PuaQW91

651 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Probably got. Wait Aug or Sep

PuaQW91

651 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Shoot... Failed to stay above RM2

sugerdad

93 posts

Posted by sugerdad > 1 month ago | Report Abuse

dividend no give....how to up

Phoebe

453 posts

Posted by Phoebe > 1 month ago | Report Abuse

ESOS is another down factor for this counter. The constant conversion of esos dilutes the earnings.

Pinky

3,406 posts

Posted by Pinky > 1 month ago | Report Abuse

T4Q DY | Payout %
1.52% | 15.63%

Way too low to be acceptable. If pay 30% at least can get 3%, can match FD rate, to compensate for the holding period.

million76

13 posts

Posted by million76 > 1 month ago | Report Abuse

The worst counter amongst all the plastic packaging companies

Maxpowar

312 posts

Posted by Maxpowar > 1 month ago | Report Abuse

Investors are not confident they will succeed in their diversification into the property sector. I don’t understand why would the management do that, esp when they have failed in F&B in 2017. But what do we know as retail investors right..I just pray for the best zzzzzz

Phoebe

453 posts

Posted by Phoebe > 1 month ago | Report Abuse

They trying to copy scientex and this was also briefly mentioned in their AGM (of course without citing scientex). Scientex has been successful in property. In fact there are few quarters that the property performed much better than their plastic business and helped to maintain the company earnings.

Maxpowar

312 posts

Posted by Maxpowar > 1 month ago | Report Abuse

Scientex didn’t get into the property sector just because they saw their competitors doing well in it. In other words, TGUAN dipping their feet into property sector for the wrong reason. What advantage do they have that increases their odds of winning? As plastic demand is coming back based on 2Q2024 GDP, I hope their adventure into property won’t offset their earnings from the plastic sector.

PuaQW91

651 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

I think Tguan will declare dividend on August ...

lloydlim

3,964 posts

Posted by lloydlim > 1 month ago | Report Abuse

Time to accumulate!

Pinky

3,406 posts

Posted by Pinky > 1 month ago | Report Abuse

Time to go Holland XD

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