Posted by gemfinder > 2020-02-26 20:34 | Report Abuse

Aceptable result.. 9sen div. Hold

Posted by xcu843 > 2020-02-26 20:53 | Report Abuse

Result so so only

Posted by gemfinder > 2020-02-26 20:54 | Report Abuse

Blh la, at least no drop in profit. Div increase. Hope got bonus

Posted by Investor 9999 > 2020-02-27 07:06 | Report Abuse

Fantastic result for Q4. Share price should rise with its improvement in performance with FY 2019 EPS of 39.9 Sen compared to FY 2018 of 32.05 Sen, an increase of 24.5%

For the quarter ended 31 Dec 2019 (4Q19), the Group registered a revenue of RM231.6 million and a net profit of RM18.7 mil (EPS 11.2 Sen) as compared to RM219 million and RM17.7 mil (EPS 13.37 Sen) respectively recorded in the corresponding quarter of 2018 (4Q18). Though higher net profit for FY 2019 but EPS is lower due to conversion of warrant resulting in dilution.

FY 2019 the company recorded sales of RM935 mil and a net profit of RM63.9 mil compared to FY 2018 of RM862 mil and RM45.3 mil with an improvement of 8.46% and 41% respectively despite a non-operating share option expense of RM2.8 mil incurred in FY 2019.

Valuation of RM4.75 to RM5.69 is based on PE 10 to 12 using the projected FY 2020 EPS 47.45 Sen. At this valuation range, using historical FY 2019 EPS 39.91 Sen its PE range is from 11.9 to 14.25

Current Share Price at 411 is trading at an attractive historical PE 10.3 based on FY 2019 EPS of 39.91 Sen and its dividend yield is 2.19 given a proposed dividend of 9 Sen

Compared to its smaller peer SLP which is trading at 108 with FY 2019 EPS of 6.69 Sen is trading at PE 16.25 with a dividend yield of 4.17%

Posted by jeannie > 2020-02-27 09:24 | Report Abuse

Why drop so much then?

Posted by member41 > 2020-02-27 10:14 | Report Abuse

Drop is good... collect more

Posted by lloydlim > 2020-02-27 14:02 | Report Abuse

Price correction!

Posted by Fabien "The Efficient Capital Allocater" > 2020-02-27 20:28 | Report Abuse

4 year average PE at 12x

say, valuation at this historical mean, 38.83 x 12 = RM4.66

and to factor in net cash of 47sen

current PE is cheap

Posted by jeannie > 2020-02-28 08:54 | Report Abuse

Dow jones drop like hell...hope won't affect us that much

Posted by Markv572421 > 2020-02-28 09:19 | Report Abuse

RM 3.91 ???

Posted by jeannie > 2020-02-28 10:19 | Report Abuse

keep dropping atm

Posted by Markv572421 > 2020-02-28 11:47 | Report Abuse

what causes?

Posted by gemfinder > 2020-02-28 13:57 | Report Abuse

Sold all 3.87. THX

Posted by gladiator > 2020-02-28 22:36 | Report Abuse

Low oil price will benefit tguan, so some people sell some people buy.

Posted by gemfinder > 2020-02-28 23:02 | Report Abuse

Managemt oredi said virus afect biznes cos cannot go cross border..

Posted by Markv572421 > 2020-03-02 16:43 | Report Abuse

No idea .....any update story from tguan ???? this month Mar'20 ? what is the plan ?

Posted by wan7075 > 2020-03-04 09:17 | Report Abuse

Markv what is the story u mean on 20 March?
____
Markv572421 No idea .....any update story from tguan ???? this month Mar'20 ? what is the plan ?

Posted by Markv572421 > 2020-03-04 12:07 | Report Abuse

Wan7075 ..Mar'20 means this coming March year 2020. ^^

Posted by jeannie > 2020-03-09 12:28 | Report Abuse

Looks like keep going down.

Posted by sharegain > 2020-03-09 12:34 | Report Abuse

oil price down is good news for tguan. coz raw material cheaper now

Posted by sharegain > 2020-03-11 13:51 | Report Abuse

Scientx just reported very good result. Manufacturing profit increased from 39m to 65m (Y-Y)

Posted by Dangel > 2020-03-11 14:58 | Report Abuse

Time to accumulate!

Posted by jeannie > 2020-03-13 09:25 | Report Abuse

today bleeding la everywhere

Posted by sell > 2020-03-18 12:32 | Report Abuse

1.9?

Posted by xcu843 > 2020-03-18 16:45 | Report Abuse

Under market value. Better than put your money in the bank. Opportunity not always have

Posted by Besafe > 2020-03-18 17:02 | Report Abuse

How much can tguan drop?

Posted by Besafe > 2020-03-19 11:15 | Report Abuse

Queue first rm 1.80

Posted by alibazil90 > 2020-03-26 10:54 | Report Abuse

hohoho ciong ciong ciong

Posted by Besafe > 2020-03-27 17:47 | Report Abuse

Market up this share like dead fish. Haha. Market down this share also plunged more.

Posted by CHONG Kong Hui > 2020-04-06 13:39 | Report Abuse

How is THONG GUAN INDUSTRIES BHD business affected by MCO?
Demand for Product affected negatively?

Posted by popo92 > 2020-04-18 01:17 | Report Abuse

demand isn't a big problem, but selling price of products definitely is compressed. we will see short term lag from feed cost. it happened 2017, and history will repeat itself.

Posted by Fabien "The Efficient Capital Allocater" > 2020-05-14 19:49 | Report Abuse

BPPlastic just recorded a decent quarter despite lower revenue its gross profit margin has improved contributed to higher profit y-o-y

Posted by chankp7010 > 2020-05-15 14:35 | Report Abuse

Tguan is now RM3.50 up 18 cents. Hopefully, more to come if QR is good.

Posted by jibbie > 2020-05-17 21:52 | Report Abuse

Tguan or slp better prospects?

Posted by Fabien "The Efficient Capital Allocater" > 2020-05-18 19:45 | Report Abuse

Both revenue & net profit recorded growth y-o-y

First interim dividend of 2sen declared

Posted by sharegain > 2020-05-18 22:18 | Report Abuse

if not because of MCO, the results will even better.

Posted by tsohg > 2020-05-19 00:06 | Report Abuse

Recently people use more plastic bag for take away food, more food grade stretch film to keep food(thong guan is only company in Malaysia to produce food grade stretch film), more plastic packaging for delivery goods, all benefit to thong guan

Posted by jibbie > 2020-05-19 06:46 | Report Abuse

Tguan will boom

Posted by YiStock > 2020-05-19 08:10 | Report Abuse

historical Q1.

Posted by chankp7010 > 2020-05-19 08:21 | Report Abuse

interim dividend at 2 cents for FY 2020 plus final dividend at 9 cents for FY2019 will be paid on the same date in June. Hold for 1.4 months, you will get 11 cents dividends.

Posted by chankp7010 > 2020-05-19 09:12 | Report Abuse

I had to correct my earlier statement made. It is only 10 cents as the final dividend for FY is 8 cents instead of 9 cents. Sorry.

Posted by gemfinder > 2020-05-19 11:31 |

Post removed.Why?

Posted by soros228 > 2020-05-19 11:54 | Report Abuse

tak boleh pakai la, down grade 2.20, dip buy more

Posted by lindalinda > 2020-05-19 16:38 | Report Abuse

Pls tell me why Tguan drop so heavy... i buy at 3.77

Posted by xcu843 > 2020-05-19 19:24 | Report Abuse

This Kenanga really crazy. Who want to believe?

Posted by GLNT > 2020-05-19 22:59 | Report Abuse

Kenanga has been proven to be wrong on Thong Guan all the time. Its reports only fit for toilet paper. Please let investors sell this counter and let us buy on the cheap. Kenanga, please put Thong Guan target price to RM1 better.

Posted by utusminum > 2020-05-19 22:59 | Report Abuse

i know one guy work inside, he said might have positive surprise like Special D....at least 20 sen...so better buy now....as the company really got cash to pay

Posted by lindalinda > 2020-05-20 09:11 | Report Abuse

Im crying, drop until 3.60 de

Posted by Fabien "The Efficient Capital Allocater" > 2020-05-22 09:30 | Report Abuse

Kenanga has revised its target price to RM4

https://klse.i3investor.com/blogs/kenangaresearch/2020-05-22-story-h1507779076-Thong_Guan_Industries_Bhd_Situational_Black_Horse.jsp

Posted by gemfinder > 2020-05-22 13:16 | Report Abuse

Apa ini kenanga analyst? Two days ago said tp 2.20' now say tp 4. Next week cakap tp 6. Ini punya analyst pun blh ka? Mana dia dpt qualification?