Who cares most about the company? The business Owner themselves. No buying from insider/business owner themselves Only means Business Value is Not worth that much. Accounting Value might be Yes.
TGL has strong and healthy balance sheet and high earning. The pricec should goes up when its announces Q4 result this end August with 10% dividend expected. The NAV is RM 1.90 as at Q3 2014.
The higher revenue achieved in current quarter under review was mainly due to higher sales recorded during nationwide mega sales and Hari Raya festive season. For evey first quarter.
TGL declared first and final single-tier dividend of 7.5 cents Ex-Date: 29 Nov 2016 Payment Date: 01 Dec 2016
Teo Guan Lee Corp Bhd is a Penang-based wear maker who specialist in the marketing of baby and children apparels segment in the Malaysia.
-Teo Guan Lee Corp Bhd is a wear maker of the well-known house brands “Kiki Lala”, “Cuddles” and character brands “Tom and Jerry”, “Baby Tom and Jerry”, “123 Sesame Street” , “Garfield”, “Popeye” and “The Powerpuff Girls” of baby and children apparels segment.
-The company’s affordable pricing is expected to continue attracting interest from consumers. Valuation is undemanding at 10x of FY16F EPS. FY16F dividend yield is decent at 5.43%.
-The children’s wear market is reported to be one of the most lucrative segments in the global apparel industry, and was not much affected by the meltdown in the global economy.
I did some due diligence on their products in a shopping mall before buying their shares on the 19th of October. Their KikiLala brand only has a discount of 10% on offer during this period while their Cuddles brand has no discount. So must be quite recession-proof! :D
The group is controlled by the Toh family through several private vehicles, namely Teo Guan Lee Holdings Sdn Bhd (37.07%), Toh Peng Hoe Holdings Sdn Bhd (14.04%) and Ideal Structure Sdn Bhd (12.49%), among others.
Managing director Toh Kian Beng currently holds the largest stake of 69.03% in the retailer via these investment vehicles, according to Teo Guan Lee’s 2018 annual report.
Teo Guan Lee last reported a net profit of RM719,000 for its first quarter ended Sept 30, 2018 versus a net loss of RM504,000 in the previous year’s corresponding quarter on the back of lower operating expenses and higher income from the distribution of its investment management funds.
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....
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Posted by 55880955 > 2013-07-31 12:00 | Report Abuse
further easing is expected if it closes below 62 today.