KLSE (MYR): TOYOVEN (7173)
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Last Price
0.46
Today's Change
+0.025 (5.75%)
Day's Change
0.435 - 0.485
Trading Volume
1,086,400
Market Cap
76 Million
NOSH
166 Million
Avg Volume (4 weeks)
1,181,716
4 Weeks Range
0.425 - 0.56
4 Weeks Price Volatility (%)
52 Weeks Range
0.425 - 1.65
52 Weeks Price Volatility (%)
Previous Close
0.435
Open
0.445
Bid
0.455 x 38,000
Ask
0.46 x 2,300
Day's Range
0.435 - 0.485
Trading Volume
1,086,400
Latest Quarter | Ann. Date
30-Sep-2024 | 28-Nov-2024
Next QR | Est. Ann. Date
31-Dec-2024 | 21-Feb-2025
T4Q P/E | EY
-3.94 | -25.39%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
2.91 | 0.16
T4Q NP Margin | ROE
-20.40% | -4.02%
2025-01-20
2025-01-10
2025-01-10
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: CHEMICALS
Subsector: CHEMICALS
Description:
Toyo Ventures Holdings Bhd is a Malaysia based investment holding company engaged in manufacturing business, and operation of power plant business. The group's two business segments are Manufacturing segment, which contributes majorly to the revenue of the company, and Trading an investment holding segment. Manufacturing segment includes manufacturing of printing ink, colour pigment, colourants for plastic, EDM cut-wire and graphic art, CNC machining of graphite and copper EDM electrodes, files, and chemicals. The company is also into production of electrical discharge machining tools, graphite materials and 3D profile metal components, through its subsidiaries. The group operates in Malaysia, Indonesia, and Vietnam of which revenue from Malaysia serves as the key revenue driver for the company.
I have gotten news that the management has visited Vietnam recently. Believe it or not. Up to you. The price has already gone right bottom. How far can it drop further? However, the upside is exponential if the news of revival disclosed.
2 months ago
What is the outcome of the management visit to vietnam? Share prices keep falling and at historic low. Did they have a good time in Hanoi? Did they visit the HCM museum, masoluem, Hoan Kiem lake andcwtch the water puppets show?
1 month ago
Self Destruction for issuing free Shares Grant to only MD and ED and when independent Director proposed to issue as reward upon FC , this independent Director was removed ( not re-elected) during their last AGM by using their proxy shares. They reap what they sow after their SH2 was terminated for failure to achieve FC after the cure period.
1 month ago
When will this counter toyo? Toyo optimist promoter already left the room long time ago. No more little bird telling you of news of viet visits to malaysia or management vist to vietnam?
1 month ago
Warm up and don’t miss the chance, going to shoot up vert soon … good luck !!
1 month ago
last week .555 seem like a good price, now already below .50. This week .455 will seem a good price until later it falls below .40. Don't be a stock chaser...
1 month ago
already at 3 year low and promoter probably had gone to vietnam to see when the MC going to sign agreement for the THERMAL POWER PLANT. Meanwhile price will keep dropping and qr will be worse than before. Only news can shore up its price..
1 month ago
Toyoventure 55 cents
Buy on weaknesses.barisan nasional shares.think will up.
25/12/24 4.33pm
3 weeks ago
It is unusual to see heavy sell wall to block the price from going up. Seem like the acquisition or JV rumours could be true.
3 weeks ago
If the sell wall persists but doesn’t cause significant price drops, it indicates strong demand and confidence in the acquisition rumors - bullish signal.
3 weeks ago
BAD CNY for investors who had been influenced to buy above RM1 and 0.70. anyway good news is you will be told good news will be coming CNY, and then before Raya just like good news were expected before September , October, November and Christmas last year! haha. Still waiting for price surge not good news!
2 weeks ago
I have missed an announcement on 06 Jan:
TVHB has issued a Notice of Dispute ("Notice") to MOIT. Pursuant to the BOT Contract, the parties are required to engage in good faith discussions for a period of forty-five (45) days or such longer period as may be agreed in writing. We have nominated our representative to facilitate and follow up to schedule the discussions. If we fail to gain satisfactory outcome pursuant to the said Notice, we will then exercise all legal remedies available to us under the law.
I believe the revival of the Thermal plant should be soon as this is merely an avenue or excuse for the Vietnam side to save face and allowed them to reverse their decision to terminate the contract during then. Therefore we should see some positive response in 45 days. Otherwise Toyo should have raised the subject since July last year and not wait till now then to issue Notice of Dispute.
1 week ago
If the converted loan stocks to shares at RM1.20 are accepted by the shareholders, the current stock price at RM 0.495 is considered very cheap. Seem like the Notice of Dispute that issued to MOIT is going to yield some good results. Otherwise, no one is so unwise to agree the price at 2.5x its current share price. Get ready to hear some positive feedback from Vietnam government.
6 days ago
It may be also possible that an acquisition is going to happen and buy over all these shares at an even higher price from these shareholders. Otherwise, it makes no sense to accept the shares at such high price value.
6 days ago
It may also be possible that not a single one of your predictions has come true, and you haven’t the faintest clue about the company’s situation at all.
5 days ago
I strongly believed that the thermal plant will be revived. Otherwise, it does not make sense to issue the Notice of Dispute after 6 months later. There must be some kind of consensus agreed from the Vietnam side to continue with the project. Toyo is confident that the project will be alive now so therefore the NOD is meant for the Vietnam government to reverse their earlier decision for the termination of the project. Sit tight to prepare for the rocket jump soon!
4 days ago
Latest news dated 16 Jan 2025:
The Board of Directors of the Company wishes to inform that Song Hau 2 Power Company Limited (“SH2P”), a wholly-owned subsidiary of Toyo Ink Group Berhad ("TIGB"), which in turn is a wholly-owned subsidiary of TVHB, has today received a letter from MOIT, dated 14 January 2025, to inform that the Initial Security Deposit ("ISD") amount has been received in the USD account of the Department of Electricity and Renewable Energy - Ministry of Industry and Trade. The ISD is intended to secure the BOT Company's obligation to achieve the Financial Closing Date by the Required Financial Closing Date. TIGB and SH2P have notified MOIT of a dispute between the Parties and requested MOIT to place the amount of the ISD in a segregated account held by MOIT while the resolution of the dispute between parties is pending pursuant to the BOT Contract.
The Company remains committed to engaging in good faith and without prejudice discussions regarding the Notice of Dispute with MOIT and will provide updates on any material developments in due course.
4 days ago
With the latest news that shared, the project is 99% chance going to revive as the ISD has been accepted. The rest is just procedural work and documentation.
4 days ago
stock chaser, do u know what u r writing about? when MOIT calls on the ISD, it means game over. the ISD is a security deposit to guarantee the success of the project.
3 days ago
assaulted peanut, u r absolutely correct. this stock chaser trying to clear his stocks. sell for goodness sake. this company is going into PN17. they delayed the accounts to avoid writing off this investments. the dispute is filed to try to show there's still some hope. unlikely the auditors will buy it. bye2. PN 17 coming
3 days ago
Pizzapizza, please read carefully: "Initial Security Deposit ("ISD") amount has been received in the USD account of the Department of Electricity and Renewable Energy - Ministry of Industry and Trade."
Don't you think this already assure the project is still on?
3 days ago
stock chaser. the department do not call on yr security deposit unless the agreement is terminated. toyo worded it ambiguously. same like a tenancy agreement, the landlord will not forfeit yr deposit unless the tenancy is terminated. Toyo management is screwed up. always issue announcements that no-one understands to hide the truth. just cut loss and sell.
3 days ago
Pizzapizza, the ISD was only received on 14 Jan 2025. There must be some form of arrangement agreed upon by both parties. Otherwise, who will transfer money to someone account if the project is not going to happen. Think ahead on the move. I am pretty sure the end results are heading to revival of project in coming days. Let's see who is right in a month time. Furthermore, how much could I lose if the outcome turns negative? I could likely lose another 10 cents may be. However, the potential to gain more than a dollar to two if the news is positive. Lose peanuts or gain a big fortune, You choose it yourself.
3 days ago
stock chaser, toyo put the ISD 2 years ago as a form of deposit with a BG. after termination MOIT is entitled to the ISD, which is why they called on the BG.USD33.5mil. now this BG is forfeited but toyo is clinging on by filing a dispute notice. the financing is also not in place.
3 days ago
I see this series of moves were strategized carefully. After six months --> 33 millions shares converted from loan stocks --> released news of Notice of Dispute --> MOIT confirmed received of ISD --> ?? MOIT reverse the stand on the termination.
I could imagine that there must be some assurance to the Shareholders that the accepted shares with value of $1.20 may cost more in the future. Likely hood of a possible revival of the thermal project or an acquisition is likely to buy up the shares at higher than $1.20. Otherwise, it is an unwise position to take up the 33mil shares without making any fuss with such huge amount. It is very absurd and abnormal. Don't you agree?
3 days ago
The management has not provided any updates related to the thermal project until 6 months later and suddenly you see a series of moves triggered. My bet is on BUY call to profit on the massive gain in a month time.
3 days ago
the shareholder had no choice but to accept the ICULs. u have a lot of imagination . unfortunately the MD is not as smart as u.
2 days ago
even if MOIT reverses the decision, there's no more financing, banks not financing this project anymore. the main reason is the weak management team.
2 days ago
My divination has predicted that the stock is going to yield great returns in near future. I trusted my instinct.
2 days ago
Furthermore there wasn't any confirmation that banks have withdrawn the financing.
2 days ago
This is the analysis from Chatgpt based on the announcement of the latest news dated 16 Jan 2025.
Potential Stock Market Reactions:
Short-Term Volatility: The acknowledgment of a dispute with MOIT may introduce uncertainty, leading to increased volatility in TVHB's stock price. Investors often react cautiously to news of legal or contractual disagreements, especially in large-scale international projects.
Investor Caution: Market participants might adopt a wait-and-see approach, potentially leading to reduced trading volumes or a temporary decline in stock price until more clarity is provided regarding the dispute's resolution.
Long-Term Outlook: The successful receipt of the ISD demonstrates progress in the project's financial commitments. If TVHB effectively resolves the dispute with MOIT, it could reinforce investor confidence, potentially leading to stock price stabilization or appreciation over the long term.
1 day ago
I am not worried of lower share price. I will take this opportunity to accumulate more.
1 day ago
We refer to Bursa Malaysia Securities Berhad’s queries dated 17 January 2025 in relation to
the above matter. We are pleased to furnish the additional information as below:
1. The date that the Initial Security Deposit (“ISD”) was paid to the Ministry of Industry
and Trade of the Socialist Republic of Vietnam (“MOIT”).
6 January 2025.
2. It is noted that pursuant to the BOT Contract, the parties are required to engage in
good faith discussions for a period of forty-five (45) days or such longer period as
may be agreed in writing.
Please state the effective date of the 45-days period.
The effective date is pending as we have not yet received acknowledgment of the dispute
notice from MOIT. According to the BOT Contract, the countdown should commence from
the date of receipt of the notice by either party (MOIT, the Sponsor (“TIGB”), BOT
Company (“SH2P”) or any of them).
3. Pending the resolution of the dispute between the parties on the termination of the
BOT Contract, to state whether the ISD has been forfeited pursuant to the terms
and conditions of the BOT Contract.
All parties have yet to engage in mutual discussions as required under the BOT contract.
The matter is still under negotiation and is certainly not definitively forfeited.
20 hours ago
Pizzapizza, ISD was paid only on 06 Jan 2025. Therefore your assumption of forfeiture is definitely invalid and inappropriate. The management will not be so unwise to give away money if the project is not secured.
20 hours ago
The news for the thermal project revival will be disclosed in a month time. Ready for share price rally from tomorrow onwards!
16 hours ago
yongyong88
This reminds me of KNM, with 1 guy keep promoting, and how great it is, how undervalued it is with projected income from its Borsig project, even with his calculation to prove it. Even when share price rose to 0.40 from less than 0.10, he still insist it is unvervalued and should be above RM1 and he kept accumulating. Luckily I sold all at around 0.40 and below before the bad news came and its share price tumbled to 0.04 sen before stabilizing at 0.06 sen now.
2 months ago