YB Senator Laksamana (B) Tan Sri Dato’ Setia Mohd Anwar bin Hj Mohd Nor P.G.A.T., P.M.N., P.S.A.T., P.S.D., S.J.M.K., S.S.A.P., S.S.I.S., S.P.T.S., D.H.M.S., D.C.S.M., D.P.M.S., D.P.T.S., P.A.T., J.S.M., J.S.D., P.M.P., K.A.T., K.M.N., B.K.T., D.P.K.T (Brunei), OLH (France), OMRI (Italy), Yudha Dharma Utama (Indonesia), White Elephant, First Class Knight Grand Cross (Thailand), PLH (Philippines), NI(M) (Pakistan), LOM (USA), P.P.S., P.P.A., MSc EBM (Warwick), jssc, psc Deputy Chairman
YBhg. Dato’ Sri Abdul Rahim bin Mohamad Radzi S.S.A.P., D.I.M.P., A.M.N. Secretary General Ministry of Defence (from 27 Disember 2014) Deputy Secretary General to the Treasury (Investment) Malaysia
YBhg. Dato’ Sri Dr. Mohd Isa Hussain D.I.M.P., S.D.K., S.S.A.P. (from 30 July 2015) Members Representing Contributors
YBhg. Jen Tan Sri Dato' Sri (Dr.) Haji Zulkifeli Bin Mohd Zin P.G.A.T., P.M.N., P.S.M., P.J.N., D.H.M.S., S.S.A.P., S.I.M.P., S.P.T.S., S.U.M.W., S.P.M.P., S.S.T.M., S.P.K.K., P.S.A.T., D.G.M.K., D.S.D.K., D.P.K.K., D.M.S.M., P.M.W., P.A.T., J.M.N., S.D.K., K.M.N., A.M.K., A.S.K.,Legion of Honor (Phil), AMIM, MSc (NDU), mpat, Imt, psc Chief of Defence Forces (from 16 June 2011)
YBhg. Lt. Jen Dato' Seri Panglima Ahmad Hasbullah Bin Hj Mohd Nawawi P.J.N., S.P.T.S., D.C.S.M., P.S.A.T., D.G.M.K., D.P.M.K., D.S.A.P., D.P.M.S., P.A.T., J.S.M., K.A.T., K.M.N., A.M.K., P.J.M., P.P.S., usawc, mpat, plsc (Canada), MA (Lancaster), MSS (USAWC) Deputy Chief of Army (from 1 August 2011)
YBhg. Laksamana Madya Dato’ Anuwi Bin Hassan P.S.A.T., D.I.M.P., P.A.T., J.S.M., S.M.T., K.A.T., K.M.N., A.M.T., P.J.M., P.P.S., P.P.A., MSc (UK), ndc (Thailand) Deputy Chief of Navy (from 18 November 2015)
YBhg. Lt. Jeneral Dato’ Sri Affendi Bin Buang S.S.A.P., P.S.A.T., D.I.M.P., P.A.T., S.A.P., K.A.T., A.M.P., P.T.U., P.J.M., P.P.S., P.P.A., rcds (UK), Dssc (Aus), MA (Deakin), psc jt Deputy Chief of Air Force (from 20 August 2015) Members Appointed By Minister
YBhg. Tan Sri Dato’ Seri Haji Lodin bin Wok Kamaruddin P.S.M., S.P.M.P., S.P.S.K., D.S.A.P., D.P.M.P., K.M.N., S.M.P., P.M.P., A.S.K., A.M.P., P.P.T., Chevalier de la Legion d'Honneur, Hon. LL.D (University of Nottingham-UK) Chief Executive (Ex-Officio)
YBhg. Dato’ Sri Ghazali Bin Mohd Ali S.S.A.P., D.I.M.P. (from 1 Januari 2014)
hello there,i just bought the OR today using hlebroking client.so now i have to keep those OR till it converted to ordinary share?i am new to this rights issue thing.
iamsoonoob: If Purchase under nominee account, just ask Hlebroking to handle foe you. With OR, it is not convert. Have to subscribe by paying Rm1.00 means Rm1000 for 1000OR
let say if tien wah cannot get contract extension renewal from BAT,is there any other future prospect for the company?we need to prepare for the worst to come if that is the case.
May I know : a) If I got the excess right, I need to pay RM1 or RM1.58 (OR traded @ RM0.58 now)? b) When to determine ex-price? Now @ RM1.60 is around there or [(1.6x2)+1]÷3=RM1.4?
if others cig manufacturers can buy from china cant bat do the same.wonder if chinese box makers do a good job as well,has bat tested them cig packings already?blue fin comment pls.
Based on the share price trending, it must be revealed from internal parties such as higher management and staff regarding the BAT's contract. Just imagine yourselves, will BAT want to wait until last minutes only inform TienWah about the renewal of contract ? Even if BAT will, TienWah should be approached them earlier about the renewal rite ? The Vietnam's investment is still not mature yet, if Vietnam's government want to give the printing business to the JV, it will also by progressively and will not suddenly shifted all to them. Hence, BAT is still their only hope. Otherwise, will need to wait for more than 3 years.
Based on the share price trending, it must be revealed from internal parties such as higher management and staff regarding the BAT's contract. Just imagine yourselves, will BAT want to wait until last minutes only inform TienWah about the renewal of contract ? Even if BAT will, TienWah should be approached them earlier about the renewal rite ? The Vietnam's investment is still not mature yet, if Vietnam's government want to give the printing business to the JV, it will also by progressively and will not suddenly shifted all to them. Hence, BAT is still their only hope. Otherwise, will need to wait for more than 3 years.
so what are u trying to imply here?might be getting the contract renewal or not?by the way i am hoping for BAT contract renewal......
hi kakashit , very happy see you here, I quite like your coment sand sharing , very good , I enter a little bit yesredya do you know how low can it be ah will down again >?
iamsoonoob, This is just my wild guess and apparently I'm not from the management. I would not know whether the contract will be renewed or not. Just want to highlight again, if the contract not renew, then the revenue for two years will be affected sharply.
I bought this counter at very high price when the final quarter Q4 2015 came out and thereafter a short while it keep dropping, I finally cut loss with huge losses. Looking from the share price trending down, I think the future is gloomy and probably is fighting for survival. Hope that the company can get through the tough time. I also wish that those who invested in this counter can get their investment back. Good luck everyone.
dont simply listen to the guess of those ppl...the recent drop is caused by the stupid Lembaga Tabung Haji simply dispose all their share without do proper analysis...a lot of big investors has makan all those share..they are confident on the company future expansion. just subscribe the right issue..PAY RM1 only..you can subscribe more also by trying luck..i am confident tienwah will back to glory day of rm3..look at tguan..is a same thing happening to tguan 2 years ago..
Please read through the latest annual report, you will find out that few directors were from BAT. If you have former staff in your supplier's company, do you like it? Would you not angry that your staff "betray" you? LTAT just further suppress the price.
I've stated in the previous comment that all the assumption are just my wild guess. Try to imagine yourself as BAT's management / TienWah's BOD, you will know that the reason for constant share price falling since 3months ago.
New Toyo, listed in SG , the holding company of TIENWAH has been steady in terms of share price. This is a clear indication that the share price collapse in Tienwah was caused by shareholders in Malaysia.
2 Quarter results just released today with increased profit over previous corresponding period. 6 months results improved from 6 millions to 12.2 millions, up > 100% . 4 cents interim dividend declared, same with the previous year. Hopefully Tienwah can maintain its results for the next 2 quarters
Profit before tax for the six months ended 30 June 2016 increased by RM7.2 million or 102.9% to RM14.2 million as compared to the previous corresponding period of RM7.0 million. The improvement was mainly due to significant improvement in productivity and waste reduction as well as the absence of redundancy expense of RM7.1 million which was incurred in the previous corresponding period as a result of the restructuring of the production footprint within the Group to improve strategic positioning to service the customers and reduce operating costs over the longer term, lower amortization cost by RM 3.7 million and lower depreciation charge from the re-assessment of useful life of major PPE in Q3 2015. The aforesaid had effectively mitigated the adverse change in pricing of some products to a major customer.
The improvement was due to the absence of redundancy expense of RM7.1 mil as well as lower amortization cost by RM 3.7 mil = RM10.8 mil. If these costs were incurred, TW will make a operational loss by RM2mil. Luckily, this costs was avoided.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
YiStock
1,984 posts
Posted by YiStock > 2016-06-21 10:46 | Report Abuse
I personally have confidence over the renewal of BAT contract. Let patiently wait for it.