Posted by Chan SauWei > 2017-02-27 19:30 | Report Abuse

Got 6sen div...no bad la

Posted by Davidl > 2017-02-27 19:35 | Report Abuse

Yup, not bad! Time to accumulate.

Posted by bluelight > 2017-02-27 19:42 | Report Abuse

Hope tomorrow share price wouldn't drop too much

Posted by Pusher_Punisher > 2017-02-27 19:50 | Report Abuse

really sad seing these soo called investor cannot see 'growth'.. better run kuat-kuat and become speculator.. in TGUAN we believe. u sell i topup.its simple

Posted by Cheer2016 > 2017-02-27 19:55 | Report Abuse

director buy in

Posted by woosytan > 2017-02-27 19:55 | Report Abuse

PBT record high d, just got more tax expenses.
Dunno why

Posted by excelyou > 2017-02-27 19:56 | Report Abuse

Annual profit growth double digit, bravo

Posted by PlsGiveBonus > 2017-02-27 20:00 | Report Abuse

Drop...

Posted by abangadik > 2017-02-27 20:00 | Report Abuse

Not many management will say next year also double digit growth..kekeke..

Posted by VenFx > 2017-02-27 20:04 | Report Abuse

Feel happy to see Tguan Ebit growth .
Instant organic mee ... real interesting.

Posted by popo92 > 2017-02-27 20:14 | Report Abuse

happy to hear management is very optimistic that the group can achieve another double digit growth next year..

Posted by ffforever > 2017-02-27 20:16 | Report Abuse

Lets see will market react irrationally

Posted by pantor > 2017-02-27 20:23 | Report Abuse

The PE is 8.67, still the cheapest among the peers!

Posted by pantor > 2017-02-27 20:32 | Report Abuse

If the profit is maintained without growth, with PE 10 its TP should be 5.50, not to mentioned management is confident of double digit growth. So it should worth at least RM 6.

Posted by Up_down > 2017-02-27 20:36 | Report Abuse

Impairment loss on Receivable RM 3.374 million is the main culprit preventing Tguan from achieving another new records of PAT. Tguan business growth remains intact except the impairment.

Posted by kchia > 2017-02-27 21:03 | Report Abuse

Now PE11x++, need to consider the ICULS ma.

Posted by zexon > 2017-02-27 21:14 | Report Abuse

Drop!

Posted by kchia > 2017-02-27 21:22 | Report Abuse

ya pls drop more. so that i can top up lol

Posted by excelyou > 2017-02-27 21:22 | Report Abuse

You analysed well Up_down

Posted by Simple man > 2017-02-27 21:24 | Report Abuse

show time

Posted by abangadik > 2017-02-27 21:54 | Report Abuse

hehehe Up_Down is always very good and straight to the point with his analyst unlike those Golden rules/ dynamic kok.

Posted by YiStock > 2017-02-27 22:15 | Report Abuse

If not mistaken, Tguan policy for calculating impairment loss of receivable is based on 60 days after due. Any sum due from customers if not collected then will fall into impairment loss.

Having said that, this RM 3.37 mil is more an accounting policy. After the sum is collected, it will then added back under "Reversal of impairment loss on receivables" and add back to the Profit in future.

If certain criteria is not able to met after the impairment policy, it will then only consider physical loss and categorized under Bad Debt.

I will double confirmed this policy again in next article.

Latest result, to me, still a historical high one, if this exceptional item is added back.


Posted by Up_down > Feb 27, 2017 08:36 PM | Report Abuse

Impairment loss on Receivable RM 3.374 million is the main culprit preventing Tguan from achieving another new records of PAT. Tguan business growth remains intact except the impairment.

Posted by Collin Soo > 2017-02-27 22:21 | Report Abuse

Price up or drop is depend on market demand. Let's see tomorrow!

Posted by Harrysellyoubuy > 2017-02-27 22:39 | Report Abuse

Harry calling everyone to keep this stock after he hold one year without any return!.... guys what to do?!

Posted by Harrysellyoubuy > 2017-02-27 22:40 | Report Abuse

Harry trying hard to keep TGUAN shareprice... the magician

Posted by Newbie7229 > 2017-02-27 23:05 | Report Abuse

Any clarification on the increase of tax expenses?

Posted by MataSejuk > 2017-02-27 23:54 | Report Abuse

Harry keep you sell?haha...maybe he will out first tmr

Posted by michaelwong > 2017-02-28 02:31 | Report Abuse

Minimal impairment loss on receivables of RM 3.374 millions wouldn't have much impact on Tguan overall yearly financial status. Still paying 6cents dividend with additional productions on line to boost up its future revenues . If dipping below 4.50 l still preferred to collect. Let's see how it reacted

Posted by excelyou > 2017-02-28 07:30 | Report Abuse

Well say YiStock, accounting policy always be prudence.

Posted by Jeff Lee > 2017-02-28 08:21 | Report Abuse

For the financial year ended 31 December 2016, the Group continued to achieve a double digits growth both in its sales
quantities and profit before tax for both of its plastic and food and beverages divisions. The group's recently installed nano
layer stretch film line is currently running at optimum capacity. It is taking delivery of the second nano layer line in the
second half of the year to cope with increase sales. It has also just completed the commissioning of its 7th PVC food wrap
line in February 2017. Sales has been robust and the 8th PVC food wrap line will arrive in the third quarter of 2017. It is also
planning to install another 5-layer blown film line within the year. With the additional capacity, the Group is optimistic to
continue its double digit growth trend in sales volume and profitability. It is also opportune to take advantage of the current
favourable USD rates by focusing more effort on export sales.

Barring any unforeseen circumstances, the Group is confident of its continuous growth and consistent contributions from all
its business units.

Posted by Jeff Lee > 2017-02-28 08:22 | Report Abuse

i seldom see management will comment "CONFIDENT" in continuous growth....

Posted by Jeff Lee > 2017-02-28 08:22 | Report Abuse

prospect must be good

Posted by riskabsorber > 2017-02-28 08:38 | Report Abuse

Hopefully won't drop 30 sen.

Posted by George888 > 2017-02-28 08:43 | Report Abuse

Yes~ very seldom u see company so confident about its future growth prospect by increasing capacity with 7th and 8th PVC lines, nano-tech line in Q2, and additional blown film line within the year. :)

Posted by chl1989 > 2017-02-28 08:56 | Report Abuse

why director selling 40% of their stakes? wth?

Posted by fattycat > 2017-02-28 09:07 | Report Abuse

Mega sales coming!!
Faster grab~~~ buy buy buy

Posted by George888 > 2017-02-28 09:14 | Report Abuse

Wow~ buying momentum comes at rm4.50-4.51~ someone buying it, probably read the prospect section of the report! :)

Posted by younginvestor92 > 2017-02-28 09:25 | Report Abuse

Walao see you all comforting yourselves very funny lah....

Posted by IamGoogle > 2017-02-28 09:31 | Report Abuse

Pls see this: Barring any unforeseen circumstances.... there is always reservation.

Posted by IamGoogle > 2017-02-28 09:32 | Report Abuse

But price up & down so easily?

Posted by Jeff Lee > 2017-02-28 09:40 | Report Abuse

any research? can attached here?

Posted by aiboon > 2017-02-28 09:50 | Report Abuse

lol....result not tat bad....dump so deep ah...

Posted by Jeff Lee > 2017-02-28 09:52 | Report Abuse

i have a feeling uncle koon is selling..

because of his 5.45% stake in JAKS dying and crumpling with loss profit

have to go there and cover a bit

Posted by aiboon > 2017-02-28 09:55 | Report Abuse

can dump to 3.98 boh ???

Posted by Harrysellyoubuy > 2017-02-28 10:08 | Report Abuse

Harry say hold tight!!! dont sell!!!!!

Posted by Harrysellyoubuy > 2017-02-28 10:08 | Report Abuse

hold 1 year d lor following harry call and 0 return

Posted by Harrysellyoubuy > 2017-02-28 10:09 | Report Abuse

sold mitra and mkh earlier following his call and after that the share price gone up a lot 0.0

Posted by Bizfuneng > 2017-02-28 10:12 | Report Abuse

Good growth stock. I will continue to buy if 4.40 and below. Good luck.

Posted by cngi > 2017-02-28 10:45 | Report Abuse

seems many are harry magician follower here.

Posted by kchia > 2017-02-28 11:02 | Report Abuse

what cock he is talking? Buy 1yr ago the tguan was at ~rm3, no return???

Harrysellyoubuy hold 1 year d lor following harry call and 0 return
28/02/2017 10:08