Posted by lkoky > 2018-02-27 19:52 | Report Abuse

Cost of raw materials n overhead also increased in latest quarter. Not a good sign.

Posted by gladiator > 2018-02-27 20:08 | Report Abuse

plastic counter cannot touch d, tguan & geshen poor results.

Posted by apolloang > 2018-02-27 20:09 | Report Abuse

3.00 by next quarter if results not improve

Posted by Chin Leong > 2018-02-27 20:21 | Report Abuse

disappointed

Posted by sharegain > 2018-02-27 20:21 | Report Abuse

No worry, Kenanga and CIMB investment bank said can reach 5++.

Posted by riskabsorber > 2018-02-27 20:57 | Report Abuse

PE is now 14, no longer undervalued. Rather, it has been overvalued. Tomorrow might drop another 10%! The management want to diversify the business, so called organic noodles export to China, still making huge losses and the new restaurant in golden triangle area is not doing good also. Not sure why they don't want just focus on the plastic business.

Posted by PotentialGhost > 2018-02-27 21:13 | Report Abuse

Again worst result , maybe company post worst result , this is never seen b4 , najix say economy growth , good

Posted by xcu843 > 2018-02-27 21:57 | Report Abuse

Very bad

Posted by michaelwong > 2018-02-27 22:10 | Report Abuse

Many stocks with their latest financials results are suffering losses, thus reducing my holdings to further up more 30% in losses ......wtf !!! Frankly speaking our pm is out of mind to mention economy good. Luckily sold all the mother shares except warrants to prepare and store in fridge for years .

Posted by NicholasNWH90 > 2018-02-27 22:12 | Report Abuse

@riskabsorber your analysis is very spot on.

Posted by KLCI King > 2018-02-27 23:16 | Report Abuse

What a shocking result

Posted by SamuelLuke > 2018-02-27 23:28 | Report Abuse

Lucky sold early... It should plunge further....

Posted by michaelwong > 2018-02-28 00:16 | Report Abuse

Drop beyond expectations like POS today......no joke !

Posted by apolloang > 2018-02-28 00:22 | Report Abuse

already know no good why still hold?

Posted by jibbie > 2018-02-28 06:20 | Report Abuse

currency advantage gone. operational expenses increased. resin price increased. loss making F&B division. i believe the price will plunge today. wait for RM3

Posted by resilient911 > 2018-02-28 06:37 | Report Abuse

To CEO Ang:
cost reduction + drive sales + drive output.
company sure grow with margin improved.

keep on drive sales and machine may not be long term sustainable to improve margin

Ang need to be more aggressive and tough jn driving cost reduction plan.

Posted by Lee Yih Yeong > 2018-02-28 08:04 | Report Abuse

wow good dam result

Posted by goreng_kaki > 2018-02-28 08:38 | Report Abuse

grap down open, no way to run

Posted by xcu843 > 2018-02-28 08:42 | Report Abuse

Sell at 3.00.

Posted by apolloang > 2018-02-28 08:46 | Report Abuse

if rebound mah sell lah,since short term no good already

Posted by goreng_kaki > 2018-02-28 09:04 |

Post removed.Why?

Posted by Chin Leong > 2018-02-28 09:21 | Report Abuse

rubbish ceo, keep lying

Posted by xcu843 > 2018-02-28 09:29 | Report Abuse

yes I agree rubbish CEO

Posted by xcu843 > 2018-02-28 09:31 | Report Abuse

i seldom see company revenue increase but profit go down. they need to focus on cost reduction and not just focus on increase sale.

Posted by yfchong > 2018-02-28 09:44 | Report Abuse

really plunge to holland liao........... shocking...

Posted by Chin Leong > 2018-02-28 09:51 | Report Abuse

i understand the resin price increase and strengthen myr will affect the profit margin. But drop to 80% profit is unacceptable. Last article he still said strengthen myr is not affect much but come out this rubbish result.

Posted by yfchong > 2018-02-28 09:53 | Report Abuse

may be next q impairment .... lagikena.... see first....

Posted by Chin Leong > 2018-02-28 09:56 | Report Abuse

This kind of stock better don't touch it as the company only price taker and profit fluctuate so much, same as Geshen rubbish also

Posted by riskabsorber > 2018-02-28 09:57 | Report Abuse

I believe u can make judgmental decision when the revenue up but share price drop significantly. This counter is playing with shareholders emotion by publish misleading articles to the reporters. during the past few week already know the result by the insiders. that's the reason it drop before the announcement. from 4.19 to 3.02 lowest. As I mentioned before, those who did not sell the shares. be prepared for the worst.

Posted by Fabien Extraordinaire > 2018-02-28 10:06 | Report Abuse

CEO should do less interview, not overpromise and not build sky market expectation and instead should focus in driving margin improvements, profitability and let the results speak for itself.

Am dumbfounded by 4Q result. Disappointed is an understatement.

Posted by Jeff Lee > 2018-02-28 10:23 | Report Abuse

anyone has kenanga research report for tguan?

Posted by Fabien Extraordinaire > 2018-02-28 10:23 | Report Abuse

PBT margin for its plastic business drop from 10% to a mere 2.4%. Is the strengthening of MYR contributed to such big impact?

Posted by mudwyx > 2018-02-28 10:43 | Report Abuse

No worry. This is fundamentally good stocks as all fundamental sifu said. Just keep on holding. HAHA

Posted by riskabsorber > 2018-02-28 10:44 | Report Abuse

No, based on the result reported, forex loss just 2mil or 1.3 sen. The drop in profit margin is not merely from forex. To be frank, the loss is mostly from new line of business which is organic food and restaurant. The franchise is not popular restaurant which needed extra publicity and advertisement. Rental in prime location at least 100k per month. Not easy for Tguan to break even as they are new in this industry. Few counters have this diversify business end up make 10 MIL losses. Reconsider for yourselves if you think they can successfully turn around.

Posted by sowsc1987 > 2018-02-28 11:04 | Report Abuse

Yes,ceo mr ang should close the franchise business and pay attention their main business “plastics “

Posted by markgor > 2018-02-28 11:17 | Report Abuse

all shareholder please go AGM and voice up

Posted by frankie lim > 2018-02-28 11:47 | Report Abuse

queing at 2.50 ~......come down faster~~

Posted by markgor > 2018-02-28 11:51 | Report Abuse

waiting at rm3

Posted by xcu843 > 2018-02-28 11:52 | Report Abuse

2.50 too far away. Maybe next week.

Posted by I_like_dividend > 2018-02-28 12:28 | Report Abuse

What happen to Kenanga TP?

Posted by yfchong > 2018-02-28 12:30 | Report Abuse

really have to sit infront of pc now....

Posted by trulyinvest > 2018-02-28 12:31 | Report Abuse

last tme i only bought at around 2, sold all at rm4 sth.. never buy back.. sometimes play contra gain... good luck, im not surprise wil drop back to 2

Posted by resilient911 > 2018-02-28 12:51 | Report Abuse

@fabien is right, ceo over publicity on their company and talking about PE / Share Price. This is what some investors not interest in.

Posted by Fabien Extraordinaire > 2018-02-28 13:08 | Report Abuse

Marche restaurant did not do well last time at the Curve. restaurant business is challenging..just look at tim ho wan etc.

Posted by Fabien Extraordinaire > 2018-02-28 13:09 | Report Abuse

@riskabsorber

My mentioned PBT margin is merely for Plastic and petroleum products.

PBT margin for its plastic business drop from 10% to a mere 2.4%. Is the strengthening of MYR contributed to such big impact?

Posted by Fabien Extraordinaire > 2018-02-28 13:10 | Report Abuse

Management explanation merely refer to forex which i think its inadequate

Lower profit before tax for the current quarter was mainly due to the reduction of gross profit margin in plastic products
due to the lower selling price of USD sales when translated to MYR as a result of the depreciation of the USD against MYR
during the current quarter.

Posted by hng33 > 2018-02-28 15:28 | Report Abuse

bought tguan at 3.10

Posted by hng33 > 2018-02-28 15:41 | Report Abuse

Use all balance capital free up from masteel, bought maximum Tguan at 3.11

Posted by moven00 > 2018-02-28 18:41 | Report Abuse

Blood everywhere...poor Quarterly result

Posted by khuen > 2018-02-28 20:55 | Report Abuse

Cut loss at RM3.14 today as i anticipate the business operating expenses will be increasing especially foreign labour levy will be borne by employer implemented in 2018 as well as resin price and strengthening of RM. Yes, it is painful but in stock market, its all about survival!