Posted by Naraya > 2016-11-25 09:06 | Report Abuse

iCap TTB is useless, his fund is making loss for the past one year. I think he is still accumulating parkson , and the fund will continue to making losses for the next few years.

Posted by lai81533 > 2016-11-25 09:13 | Report Abuse

tguan went up

Posted by steven99 > 2016-11-25 09:20 | Report Abuse

EPS 14.79 is good result since ringgit weaken and USD stronger will improve the coming Q4 earnings ...keep up ..good job !

Posted by xcu843 > 2016-11-25 09:29 | Report Abuse

Ho...Ho..Ho... Thank giving stock..

Posted by popo92 > 2016-11-25 10:09 | Report Abuse

Good results

Posted by popo92 > 2016-11-25 10:50 | Report Abuse

I think it's unfair to say icap TTB useless when he only want to buy businesses in very cheap prices. But most of the time, in Chinese there's a word 便宜没好货好货不便宜

Posted by lai81533 > 2016-11-25 12:08 | Report Abuse

target rm5.00?

Posted by lai81533 > 2016-11-25 12:09 | Report Abuse

low PE Ratio
Ren YIn

Posted by Koay Yi Chuan > 2016-11-25 14:22 | Report Abuse

The analysts covering this stock are forever laggers, nobody's willing to stick their neck out. At least now CIMB put a much higher TP for this counter...finally.

Posted by chankp7010 > 2016-11-26 21:12 | Report Abuse

Why there is another revised QR on Friday? Any material changes?

Posted by excelyou > 2016-11-27 18:16 | Report Abuse

TGUAN - CIMB - RM5.72

Expansion continues
Management expects to take delivery of its seventh PVC food wrap machine in 4Q16.
What was a surprise to us, as announced during its result note, is that the company is
adding a second 33-layer nano-technology line, indicating strong demand for the output
from the first line. Given the strong US$ and yen exchange rates, management is
looking to focus more on the export markets.

Net cash balance sheet
As at end-Sep, the company’s net cash was at RM76m or 72sen net cash per share. As
most of its major capex spending will end this year, the company’s cash pile should
continue to rise over the next few years. The company planned to invest RM100m capex
over 2014-2016.

FY16F-18F EPS raised by 13-16%
We raise our FY16-18 EPS forecasts by 13-16% to reflect the strength of the US$ and
yen against the ringgit. In addition, we have not assumed any potential earnings from
the delivery of its second 33-layer nano-technology line. FY18F EPS could see a major
boost if the company can fill up the capacity of this second nano-technology line quickly.

Upgrade to Add from Reduce
Given our FY16F-18F EPS revision and as we roll over our valuation to end-FY17F, our
target price rises from RM4.05 to RM5.72, based on an unchanged packaging sector
P/E target of 13x. Its share price has declined 7% over the past three months and
valuation is now attractive, at fully-diluted 2017F P/E of 11.6x.

As such, we upgrade the stock from Reduce to Add. Potential re-rating catalysts include continued strong US$ and yen. Key risk is appreciation of the ringgit.

Posted by lai81533 > 2016-11-27 21:07 | Report Abuse

DOWN?

Posted by lloydlim > 2016-11-27 21:39 | Report Abuse

TP given by CIMB shall revised from 5.72 to 6.80 after the next qtr result release.

Posted by xcu843 > 2016-11-27 22:23 | Report Abuse

So will see stock price can go up again?

Posted by Icon8888 > 2016-11-27 22:25 | Report Abuse

If RM5I already very happy

If RM5.75 I will laugh until stomach pain

Posted by xcu843 > 2016-11-28 11:25 | Report Abuse

aiya drop

Posted by Alex Lim Jun Xiong > 2016-11-28 11:27 | Report Abuse

Market unstable, hold until end of next year please.

Posted by michaelwong > 2016-11-28 11:33 | Report Abuse

Bro ! dropped a bit good so some may have opportunities to collect cheaper and eventually can pushed up the shared ma . ....

Posted by Selvaratnam Chelliah > 2016-11-28 12:03 | Report Abuse

Patient can go up to 5.30 easily by this month

Posted by lloydlim > 2016-11-28 12:37 | Report Abuse

I hope it could drop more a bit!

Posted by enning22 > 2016-11-28 15:13 | Report Abuse

FULLY PRIZED IN , TOUCHING CEILING

Posted by michaelwong > 2016-11-28 15:49 | Report Abuse

Next quarterly results improving and tp re rated . Waiting for second wave of uptrend

Posted by Alex Lim Jun Xiong > 2016-11-29 10:02 | Report Abuse

说好的RM5呢？

Posted by Francesco > 2016-11-29 12:17 | Report Abuse

7th machine next quarter, 2nd 33 -layer nano-technology line in next year quarter 2, exciting!!!

Posted by Jeff Lee > 2016-11-29 14:46 | Report Abuse

excelyou..

can you attach the full cimb research report here for us?

Target price RM 5.72

Posted by Icon8888 > 2016-11-29 15:28 | Report Abuse

One thing this company has not done but should do is shares buy back. With its strong cash flow and limited free float, buy back will have very noticeable positive impact on share price

Posted by chankp7010 > 2016-11-29 15:36 | Report Abuse

Icon8888 view is noted and I concurred with it. Anyone who is interested to attend coming AGM or having the privilege to meet up with MD, please voice out this suggestion for his consideration. Thank you

Posted by Snorlax Lee > 2016-11-29 16:57 | Report Abuse

Share buybacks pushing down market liquidity

Posted by tealeaf > 2016-11-29 17:00 | Report Abuse

share buy back good and bad....if no further investment, good to use the cash to buy back instead of sitting for ntg...

Posted by Davidl > 2016-12-01 13:52 | Report Abuse

Negative, share buy back doesn't good for future growth, declare more dividend shall 'Tarik' more funds to flow in, good for long run!

Posted by YiStock > 2016-12-01 14:34 | Report Abuse

There are more ICULS being converted which should cushion the iliquid impact of share buy back. However, impact from share buy back will be little as the share buy back will have limit (10% usually).

Share split will make the shares in issued to enlarge faster which allow better participation of fund/institutional investors. If not mistaken, there is not much participation of instituutional investors in thong guan compared to other plastic players like scgm,slp, and scientex..

I hope share split of 5:1 once the share price surge beyond 5.00.

Posted by chankp7010 > 2016-12-01 14:45 | Report Abuse

TGuan current share price is about RM4.20 and to reach RM5.00 will take time. Perhaps after the 4QR. The Board of Directors may consider share split/bonus issue to boost up the paid up capital to attract fund managers/institutional investors.

Posted by chankp7010 > 2016-12-01 16:20 | Report Abuse

TGuan coming 4QR will be very good if the exchange rate remains at RM4.40-RM4.50 range. Not only sales are improving and efficiency enhanced, but also favourable exchange rate will spike up profit. Buy before share price is going north. Yes buy or sell at your own risks.

Posted by HuatRex > 2016-12-01 23:12 | Report Abuse

How share split/ bonus issue will affect the tguan-wa price?

Posted by chl1989 > 2016-12-03 11:03 | Report Abuse

one of the must-buy stock for 2017 :)

Posted by lloydlim > 2016-12-03 11:12 | Report Abuse

Yes, definitely a must buy stock for 2017!

Posted by resilient911 > 2016-12-06 09:49 | Report Abuse

uptrend mode, buy if you missed?

Posted by zefftan > 2016-12-06 15:08 | Report Abuse

Evli doubled up their holding, Cimb and PMB fresh fund masuk

Posted by chl1989 > 2016-12-08 18:38 | Report Abuse

with this kind expansion and growth, it should be rated more than pe10:)

Posted by Chan SauWei > 2016-12-08 19:34 | Report Abuse

Maybe share price high..
Alor plp scare to buy stock more than few rm..

Posted by chl1989 > 2016-12-08 19:55 | Report Abuse

LOL. what a statement. hahahaha

Posted by chankp7010 > 2016-12-08 20:15 | Report Abuse

For HuatRex, if TGuan declares bonus 1 for 1 then, either TGuan warrant will be given one extra free for one or the price for conversion currently at RM1.50 would reduce to RM0.70, which is not practical due to Tguan par value is RM1/- each.

Posted by YiStock > 2016-12-09 10:03 | Report Abuse

http://aspire.sharesinv.com/37351/thong-guan-industries-set-to-wrap-up-fy16-with-record-earnings/#.WEEQZ1jPtWo.twitter

Posted by winPLUSwin > 2016-12-09 15:30 | Report Abuse

It's coming ~

Posted by CZ1990 > 2016-12-09 15:37 | Report Abuse

RM5 is not a dream

Posted by winPLUSwin > 2016-12-09 16:03 | Report Abuse

yes

Posted by fattycat > 2016-12-10 21:19 | Report Abuse

wow~~

Posted by Abismail > 2016-12-11 20:22 | Report Abuse

Tong also buy

http://www.theedgemarkets.com/my/aa/tong/portfolio

Posted by cheer76 > 2016-12-12 06:57 | Report Abuse

who is Tong

Posted by Jeff Lee > 2016-12-13 10:03 | Report Abuse

bonus probably coming!