THONG GUAN INDUSTRIES BHD

KLSE (MYR): TGUAN (7034)

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Last Price

1.43

Today's Change

-0.02 (1.38%)

Day's Change

1.43 - 1.44

Trading Volume

318,000


14 people like this.

6,773 comment(s). Last comment by yfchong 4 days ago

Maxpowar

313 posts

Posted by Maxpowar > 2 months ago | Report Abuse

Their profit peaked in 2022, but share price dropping since 2020..truly disappointing to minor shareholders..

Posted by jeffrey1166 > 2 months ago | Report Abuse

coming can boost up

Posted by jeffrey1166 > 2 months ago | Report Abuse

keep buyinh

curiousq

1,140 posts

Posted by curiousq > 2 months ago | Report Abuse

a miserable chinaman stock

Posted by jeffrey1166 > 2 months ago | Report Abuse

can fly

aklobi

317 posts

Posted by aklobi > 1 month ago | Report Abuse

Accumulated 1st trade @1.50

IOI 1882

341 posts

Posted by IOI 1882 > 1 month ago | Report Abuse

kenanga Big Push~~

mf

29,360 posts

Posted by mf > 1 month ago | Report Abuse

Palestinian child dies after being shot by Israeli forces
The Ministry of Health in the occupied West Bank says an 11-year-old child, Abdullah Jamal Hawash, has died after he was shot by Israeli forces in Nablus.

In videos posted by local media, the boy is seen throwing a stone at an armoured Israeli jeep in the distance before he is shot and falls to the ground.

Posted by jeffrey1166 > 1 month ago | Report Abuse

keep buying

Posted by jeffrey1166 > 1 month ago | Report Abuse

cheap

PuaQW91

689 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Let's see if 11.11 will boost the plastic packaging business or not ...

PuaQW91

689 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Btw, Kenanga buy call on Tguan and set a target price of RM2.80

https://www.thestar.com.my/business/business-news/2024/10/23/property-venture-a-boon-for-thong-guan

xcu843

1,065 posts

Posted by xcu843 > 1 month ago | Report Abuse

This Kenanga really lousy analyst and always give target price so high. Worst thing is after Kenanga call to buy, sure the share price will go reverse. This was not first time and happened many many time already.

Pinky

3,499 posts

Posted by Pinky > 1 month ago | Report Abuse

Kenanga TP longkang punya

IOI 1882

341 posts

Posted by IOI 1882 > 1 month ago | Report Abuse

later drop back, sudah biasa~~

PuaQW91

689 posts

Posted by PuaQW91 > 1 month ago | Report Abuse

Dnt be like that, Kenanga share price also drops. ha

xcu843

1,065 posts

Posted by xcu843 > 1 month ago | Report Abuse

This Kenanga super lousy analyst so far I know. The more price they push up and then lower price will go down.

Pinky

3,499 posts

Posted by Pinky > 1 month ago | Report Abuse

Buy BPPLAS better

At least more generous dividends

Posted by jeffrey1166 > 1 month ago | Report Abuse

coming can fly

emmcee

41 posts

Posted by emmcee > 3 weeks ago | Report Abuse

Upon completion of the Proposed Disposal, TGIB intends to distribute RM30.00 million of the
proceeds from the Proposed Disposal to the entitled shareholders of the Company whose names
appear in the Record of Depositors of TGIB ("Entitled Shareholders") on an entitlement date to
be determined by the Board later in the form of a proposed special dividend.

SincereStock

2,405 posts

Posted by SincereStock > 3 weeks ago | Report Abuse

sold all TGUAN at RM1.56 (morning session open price, 22 november 2024). EPS will be worse without contribution from F&B subsidiary. plastic's growth is uncertain, property development will never able to contribute consistent EPS in the long future.

Pinky

3,499 posts

Posted by Pinky > 3 weeks ago | Report Abuse

cannot buy liao this stock

Posted by ITreeinvestor > 3 weeks ago | Report Abuse

after disposal, earning will be reduce 10% , around 6millions per year

Pinky

3,499 posts

Posted by Pinky > 3 weeks ago | Report Abuse

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

newway

111 posts

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.

SincereStock

2,405 posts

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

SincereStock

2,405 posts

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...

SincereStock

2,405 posts

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

SincereStock

2,405 posts

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

SincereStock

2,405 posts

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

sakurako

215 posts

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

sakurako

215 posts

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

Titan

4,180 posts

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.

Titan

4,180 posts

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.

yfchong

5,939 posts

Posted by yfchong > 2 weeks ago | Report Abuse

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

katara

264 posts

Posted by katara > 2 weeks ago | Report Abuse

buy

PuaQW91

689 posts

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.

yfchong

5,939 posts

Posted by yfchong > 2 weeks ago | Report Abuse

I have join the crowd

yfchong

5,939 posts

Posted by yfchong > 2 weeks ago | Report Abuse

Ang san let tguan be great yeah

PuaQW91

689 posts

Posted by PuaQW91 > 1 week ago | Report Abuse

What is Ang san? 🤔

yfchong

5,939 posts

Posted by yfchong > 1 week ago | Report Abuse

Mr. Ang

yfchong

5,939 posts

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.

PuaQW91

689 posts

Posted by PuaQW91 > 1 week ago | Report Abuse

They did expand into property business

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