THONG GUAN INDUSTRIES BHD
KLSE (MYR): TGUAN (7034)
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Last Price
1.94
Today's Change
0.00 (0.00%)
Day's Change
1.93 - 1.96
Trading Volume
406,300
IPO Info
Offer Period
Opening
Closing
Time Table
Allotment Date
Listing Date
Price
Issue Price
-
Units
-
Share Capital
0.000
No of Shares
Public Issue
-
Offer for Sale
-
Private Placement
-
Issuing House
-
ISIN Code
-
Prospectus:
RENOUNCEABLE RIGHTS ISSUE OF UP TO RM52,602,250 NOMINAL VALUE OF 5-YEAR 5.00% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCK AT 100% OF ITS NOMINAL VALUE OF RM1.00 EACH ("ICULS") ON THE BASIS OF ONE (1) RM1.00 NOMINAL VALUE OF ICULS FOR EVERY TWO (2) ORDINARY SHARES OF RM1.00 EACH ("RIGHTS ICULS") IN THONG GUAN INDUSTRIES BERHAD ("TGIB") ("TGIB SHARE(S)") HELD AT 5.00 P.M. ON 17 SEPTEMBER 2014, TOGETHER WITH UP TO 26,301,125 FREE NEW WARRANTS ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) ICULS SUBSCRIBED FOR PAYABLE IN FULL UPON ACCEPTANCE BASED ON A MINIMUM SUBSCRIPTION OF 27,031,787 RIGHTS ICULS ("RIGHTS ISSUE OF ICULS WITH WARRANTS")
Discussions
14 people like this. Showing 50 of 6,477 comments
Sales down compared to last year and also against immediate preceding quarter
Profit margin down compared to last year
No dividend
Ugly!!!
1 month ago
Plastic packaging business is slowing down...At least Tguan's Q2 outperformed Q1 in terms of EPS
1 month ago
Looks like Q3 might be even uglier. The ICPT was not reflected in the last QR because ICPT revised on 1st July 2023.
1 month ago
@Phoebe ICPT is reflected in latest QR; it’s stated as one of the main reasons why PBT dropped apart from subdued plastic demand.
1 month ago
ICPT was revised from RM0.20/kWh to RM0.17/kWh. If I m not mistaken, TGuan should see some respite in terms of electricity charges next quarter?
4 weeks ago
Snowball was correct when he stated that the ICPT was reduced from 0.20 to 0.17/kwh. However, keep in mind that Tguan and many other plastic companies signed up for the Green Energy Tariff from January to June of this year, with an ICPT of 0.037/kwh and a GET subscription cost of 0.037. In short, they were only paying 0.074 cents per kWh. Of course, the GET was limited to 30% of total energy consumption. However, if you refer back to the AGM and AR, I believe plastic packaging was given a higher GET capacity, but I'm not sure of the exact figure.
3 weeks ago
no momentum no strength no buy ........tguan super duper tortoise ......only selling much better
3 weeks ago
If Management pays shareholders higher dividend, can get 4%+ dividend yield maybe still can justity
2%++? Cannot support la
3 weeks ago
If the management can declare a dividend policy like BP Plastic, that will certainly boost investor confident. And stop all the esos and director disposing the shares recently (even thou a small qty) does not bode well with investor confidence.
3 weeks ago
Yes fruitcake.....pls tank the price by dumping more and then you can move on.....
No point of harping on this counter.....next Q will be bad...
6 days ago
You are absolutely right.....too late...
As a matter of fact....This counter is gg.com
6 days ago
It looks like the plastic packaging materials manufacturers will end up like the rubber glove manufacturers.
6 days ago
last stop 1.95 -1.96 ...no more drop already. Now just need time to recover thats all
3 days ago
Its already downtrend .......today only notice ???
chkhooju
Down trending stock. Beware.
1 hour ago
2 days ago
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Dehcomic01
Over the past 10 years, TGUAN delivered an average ROE of 10%. A valuation also showed that there is some margin of safety. Moral of story? Worth digging further. For more insights go to https://www.moomoo.com/community/feed/110935999512582?global_content=%7B%22promote_id%22%3A14079%2C%22sub_promote_id%22%3A25%7D
1 month ago