THONG GUAN INDUSTRIES BHD

KLSE (MYR): TGUAN (7034)

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Last Price

1.41

Today's Change

-0.02 (1.40%)

Day's Change

1.41 - 1.45

Trading Volume

1,063,300


14 people like this.

6,774 comment(s). Last comment by PuaQW91 1 day ago

Posted by Snowpiercer > 2020-12-02 16:12 | Report Abuse

here it comes again.....

Posted by pinnaclegrade > 2020-12-02 16:15 | Report Abuse

pity those who panic sell and cut loss lol

brendonyeap

1,649 posts

Posted by brendonyeap > 2020-12-02 16:20 | Report Abuse

Huat ahh! sold all 2.85

lching

1,404 posts

Posted by lching > 2020-12-02 16:31 | Report Abuse

what happen?

Maxpowar

313 posts

Posted by Maxpowar > 2020-12-02 16:32 | Report Abuse

Woohoo!

Maxpowar

313 posts

Posted by Maxpowar > 2020-12-02 16:33 | Report Abuse

Any pro can comment further on TA part?

Posted by pinnaclegrade > 2020-12-02 16:46 | Report Abuse

I am no pro, but TA perspective it's good that buyer has came in 2 days in a row (from yesterday) with good enough volume. MACD has yet to cross, but once it touch it should be an uptrend, Target probably will try to break resistance again at RM 3.20. RSI still tells me it has been oversold these past few days

Posted by pinnaclegrade > 2020-12-02 16:47 | Report Abuse

and bound to rebound..

member41

3,718 posts

Posted by member41 > 2020-12-02 16:53 | Report Abuse

flushing ended haha gg up again

Posted by Rainbow0721 > 2020-12-02 17:43 | Report Abuse

maxpowar is right.. Tguan rebounded.. same like my frontken.. we need to advocate the principle of buying into a fraction of company's business instead of treating it as a lottery ticket!

Imagine if bought tguan at 2.9 and panic sell when seeing it drop to 2.6.. will surely regret..

terence775

550 posts

Posted by terence775 > 2020-12-02 19:06 | Report Abuse

It would rebound eventually. Just see whether you can hold it, and if you dare, to average lower at the right prices.

For a company with profits continually growing and prospects still good, share price on the long term is only up up up. Of course, short term anything can happen.

Maxpowar

313 posts

Posted by Maxpowar > 2020-12-02 19:36 | Report Abuse

@pinnaclegrade thanks for the info..
Let’s hope the uptrend rally continue tomorrow :D

Posted by happyhigher > 2020-12-02 21:54 | Report Abuse

Im happy. Ep at 266 today now 286
My target long term at rm4... Hopefully can hit

Posted by Rainbow0721 > 2020-12-02 22:58 | Report Abuse

terence, wanna ask your opinion - how do we know the right price to average down? by looking at TA? like fibonacci retracement?

What do you think of applying dolar cost averaging principle into good shares, can we consistently buy into shares regardless of the price? like treating it as a unit trust & long term investment.. or it is not suitable to apply such principle on share market?

I am thinking to go into GCB.. the price seems attractive now..

hoiz6011

17 posts

Posted by hoiz6011 > 2020-12-02 23:38 | Report Abuse

Any reasons for today's shoot up? very well done.

terence775

550 posts

Posted by terence775 > 2020-12-03 10:30 | Report Abuse

Rainbow, any method works really. TA= average near supports, or when MACD enters oversold, or etc.
Dollar cost averaging also can.

Or pyramid averaging also can (drop xx%, add)

changyl

32 posts

Posted by changyl > 2020-12-03 11:31 | Report Abuse

Maybe due to raw material price increased!
Currently all plastic producers (BPPLAS, SCGM, TOMYPAK) in down trend...
TGuan is great company, let's see how well they manage COST.

Posted by night_shadow > 2020-12-03 21:26 | Report Abuse

Bursa record super green today but amazingly this counter still managed to close on red huhu

Posted by night_shadow > 2020-12-04 00:20 | Report Abuse

so sad, hopefully rebound soon

yoyo

502 posts

Posted by yoyo > 2020-12-05 11:48 | Report Abuse

shake it shake it baby

Posted by DingHai888 > 2020-12-10 11:15 |

Post removed.Why?

Posted by EatCoconutCanWin > 2020-12-10 12:34 | Report Abuse

Cimb tp 3.88.

Maxpowar

313 posts

Posted by Maxpowar > 2020-12-10 13:34 | Report Abuse

Nowadays punters goreng by sector. It used to be GenM,banks,furniture,then they proceeded with O&G.plantation,steel. It’s only matter of time before they come to plastic haha. Though I prefer the share price to reflect company’s value than letting ppl goreng up and down as they cause long term investors to not have an entry point should they decide invest into a company.

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-10 13:36 |

Post removed.Why?

Posted by UndukNgadau > 2020-12-10 13:57 | Report Abuse

I totally agree with Maxpowar. As a long term investors, I too dislike 'goreng'. That's why I'm into TGuan

Maxpowar

313 posts

Posted by Maxpowar > 2020-12-10 14:26 | Report Abuse

@gemfinder “stuck in high price” is non-existent to me as I’m not a trader. As long as company earning money,did not misuse shareholders’ money then I’ll let my fund sit and grow la. Btw why you so angry? Ci hai sin jor ar sei on 9? :D

@undukngadau yup,cheers bro!

Posted by EatCoconutCanWin > 2020-12-10 15:02 | Report Abuse

The spiritual shareholders..

MonkeyFoo

265 posts

Posted by MonkeyFoo > 2020-12-11 09:10 | Report Abuse

国际油价升,必定对它会有一定的影响

Posted by EatCoconutCanWin > 2020-12-11 11:54 | Report Abuse

Sell..

sten_still

409 posts

Posted by sten_still > 2020-12-11 12:27 | Report Abuse

I'm considering to buy it

amet2017

3,150 posts

Posted by amet2017 > 2020-12-11 12:32 | Report Abuse

Buy buy.. Boring counter la we buy. Hehe

Posted by EatCoconutCanWin > 2020-12-11 15:30 | Report Abuse

haha... die die liao lor..

Posted by Imthemalaysian > 2020-12-11 18:11 | Report Abuse

Undervalued stock, won’t reach RM4 but will break RM3 in few weeks time

Posted by UndukNgadau > 2020-12-13 13:34 | Report Abuse

I will top-up if dropped below 2.66

sten_still

409 posts

Posted by sten_still > 2020-12-14 10:15 | Report Abuse

where's the bottom of this price...when going to end ??

Posted by EatCoconutCanWin > 2020-12-14 12:35 | Report Abuse

Don't buy.. go buy uptrend counter like mitrajaya

Posted by UndukNgadau > 2020-12-15 09:56 | Report Abuse

Just bought a some TGuan at 2.63. My 2.62 did not match

sten_still

409 posts

Posted by sten_still > 2020-12-15 15:29 | Report Abuse

is it consider bottom today, technically touching three times of the retracement. supposedly go up after this

Posted by UndukNgadau > 2020-12-16 13:04 | Report Abuse

Bought a bit more today. This time at 2.69.

Posted by UndukNgadau > 2020-12-17 15:44 | Report Abuse

Just bought(2.66) more this afternoon. At 50% now of my target. Will be buying more tomorrow

c2k9791

275 posts

Posted by c2k9791 > 2020-12-17 19:41 | Report Abuse

ESOS 1.13 only. Sell on Monday at least get 120% profit. Very good company la....

Posted by UndukNgadau > 2020-12-18 17:29 | Report Abuse

Bought more at 2.65. At 65% now. Will buy more come Monday.

Maxpowar

313 posts

Posted by Maxpowar > 2020-12-18 17:49 | Report Abuse

I just hope it doesn’t go up so fast so that I can buy time to top up more before it takes off.. hehehe

Posted by UndukNgadau > 2020-12-19 12:07 | Report Abuse

Yeah. Me too. Let me achieve 100% 1st, then rocket

ACV2916

69 posts

Posted by ACV2916 > 2020-12-20 20:53 | Report Abuse

Price is set to rebound anytime. Time to accumulate the share while the price is relatively low now.

Jibbie88

18 posts

Posted by Jibbie88 > 2020-12-20 20:54 | Report Abuse

if rocket go how high wor ?

Posted by UndukNgadau > 2020-12-21 10:47 | Report Abuse

Bought more this morning at 2.62. At 80% now. Will buy more tomorrow, if down.

Markv572421

3,402 posts

Posted by Markv572421 > 2020-12-21 11:28 | Report Abuse

Can drop below 2,60?

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