Highlights
KLSE: TGUAN (7034)       THONG GUAN INDUSTRIES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
3.43   0.00 (0.00%)  0.00 - 0.00  0
Trade this stock for as low as 0.05% brokerage. Find out more.

Overview

Market Cap: 631 Million
NOSH: 184 Million
Avg Volume (4 weeks):843,025
4 Weeks Range:2.97 - 3.58
4 Weeks Price Volatility (%):
95.81%
52 Weeks Range:2.18 - 3.58
52 Weeks Price Volatility (%):
95.81%
Average Price Target: 3.28
Price Target Upside/Downside: -0.15
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2019 [#3]  |  20-Nov-2019
Next QR | Est. Ann. Date: 31-Dec-2019  |  27-Feb-2020
T4Q P/E | EY: 10.16  |  9.84%
T4Q DY | Payout %: 1.73%  |  17.54%
T4Q NAPS | P/NAPS: 2.6696  |  1.28
T4Q NP Margin | ROE: 6.82%  |  12.64%

Headlines

Date Subject
22-Nov-2019 [转贴] [THONG GUAN INDUSTRIES BHD:完成了其第四条优质拉伸膜生产线,一条新的吹膜挤出生产线以及其第11条PVC食品包装线的调试;快递袋和其他产品部门不断扩大] - James的股票投资James Share Investing
22-Nov-2019 Daily Technical Highlights – (PETGAS. TGUAN)
21-Nov-2019 Thong Guan Industries Bhd - 9MFY19 Above Expectation
21-Nov-2019 Mplus Market Pulse - 21 Nov 2019
19-Nov-2019 Trading Stocks - Thong Guan Industries
11-Nov-2019 Mplus Market Pulse - 11 Nov 2019
08-Nov-2019 Trading Stocks - Thong Guan Industries
21-Oct-2019 Malaysian beneficiaries of US-China trade war
07-Oct-2019 Trading Stocks - Thong Guan Industries
04-Oct-2019 Plastics & Packaging - Seeking Convincing Margin Improvements
26-Sep-2019 Trading Stocks - Thong Guan
15-Sep-2019 步入正轨反守为攻的通源工业 Tguan
29-Aug-2019 Thong Guan Industries Bhd - 1H19 Within Expectation
05-Aug-2019 Mplus Market Pulse - 5 Aug 2019
04-Jul-2019 Plastics & Packaging - Still Not Out Of The Woods
26-Jun-2019 [转贴] Thong Guan 24th AGM* 26/6/2019 - 投资远见
30-May-2019 Thong Guan Industries Bhd - 1Q19 Within Expectation
06-May-2019 Trading Stocks - Thong Guan Industries
06-May-2019 Stocks on Radar - Thong Guan Industries (7034)
04-May-2019 上升股:通源工业阻力RM2.97

Business Background

Thong Guan Industries Bhd is a Malaysia based investment holding company. Along with its subsidiaries, the firm is engaged in trading of plastic packaging products. It operates in two segments including Plastic products and Food, beverages and other consumable products. The company generates the majority of the revenue from the plastic products segment which comprises of stretch films, garbage bags, industrial bags and PVC (Polyvinyl chloride) food wrap.
Analyze this stock with MQ Trader system

  11 people like this.
 
Ricky Yeo You have my permission to try probability. You're spot on on cocaine brain. That's why the market is full of patsy.

I think you got it wrong on the other point. Sure there are probably many investors that love reading books but are losers in the stock market. But the habit of reading is unlikely to be the causal factor of their losses.

Which one has higher correlation: reading lead to success versus reading lead to losses in market? Your name is probability, you should know this. Maybe you don't.
06/12/2019 12:47 PM
probability just like i treasure the emerging information...and form a concept (fundamental) of its probable implications on the company's valuation

Posted by probability > Dec 6, 2019 12:43 PM | Report Abuse X

no amount of reading can equip me to sense the emotions market have with every revelations of new information to the market...if i myself do not have these emotions..testosterone..adrenaline rush...and dopamine outburst...

..

i shall treasure these hormones like my gods
06/12/2019 12:49 PM
Ricky Yeo That's why we are a different species. If you treasure those hormones, because your life is lack of excitement, great for you. = )
06/12/2019 12:50 PM
Icon8888 Why Ricky so free nowadays can reply so many questions ?

Oh I know, it is now school holidays ....
06/12/2019 12:50 PM
probability if the correlation data shows a minor advantage of the readers...does it matter?

as there is a lot of time invested for readings and researching..it does not come for free

anyway Ricky...there is nothing right and wrong strategy..all your fundamental valuations are highly appreciated...in fact its highly needed in i3...

but its often felt you overlook on the obvious - more influential information (which matters more) - i think thats what everyone is trying to stress

and i really dont like quotes from successful people's trait - thats pure bullshit

Posted by Ricky Yeo > Dec 6, 2019 12:47 PM | Report Abuse

You have my permission to try probability. You're spot on on cocaine brain. That's why the market is full of patsy.

I think you got it wrong on the other point. Sure there are probably many investors that love reading books but are losers in the stock market. But the habit of reading is unlikely to be the causal factor of their losses.

Which one has higher correlation: reading lead to success versus reading lead to losses in market? Your name is probability, you should know this. Maybe you don't.
06/12/2019 12:54 PM
probability you didnt get the point...i treasure amygdala's response to worries too...anxiety...serotonin loss..etc

its a tool

Posted by Ricky Yeo > Dec 6, 2019 12:50 PM | Report Abuse

That's why we are a different species. If you treasure those hormones, because your life is lack of excitement, great for you. = )
06/12/2019 12:58 PM
Connie555 Remind me of someone....i can name u blablabla which is cheaper than blablabla.

As a layman, logically we jz want to make profit, dont tell me all the bullshit that you invest is bcz of cheap roc blablabla...yes to a point fundamental is important but not to excessive i would say....figure is widely available, anyone with good accounting knowledge can calculate the same ROC, yet they cant make money. what they lack of? i would say mindset.....and the if share price doesnt move for 5years oledi and u still sticked with it bcz of cheap u are wasting hr time...

look at insas look at plenitute....academian should explain why share price never move...they are cheap....way cheaper than tguan alot...why tguan move insas remain stagnant? like kc always say insas holding alot mark to market securities and very liquid, share price should reflect the right value of insas....

Ass Ass Lee is still seeking for answers...maybe academian can help him abit...

________________________________________________________________


I can give you a dozen of stock all with the same growth rate and you won't have a clue which one is better.
06/12/2019 1:48 PM
Connie555 *too excessive
06/12/2019 1:49 PM
Ncm88 Double top 3.58 wait for retracement
06/12/2019 1:56 PM
popo92 a masterpiece that was written by professor sarawak after his academic studies.... very confident indeed.. https://klse.i3investor.com/blogs/JTYeo/102021.jsp
06/12/2019 2:34 PM
chl1989 out of 100 investors, only one appreciates roic, the rest dont. if they dont value, they wont buy, then share price how to go up?
u must know what it takes for the share price to go up. it is earning growth.
06/12/2019 2:55 PM
chl1989 n most importantly, we make money from share price, not their roic
06/12/2019 2:56 PM
chl1989 ncm88, not just double top. but double btm at 3.3 also. haha
06/12/2019 2:57 PM
Ricky Yeo @popo92 what a strategy, when all fails, digging up failed investment as a way to discredit things people has to say. That tells you alot about how you treat others isn't it. Here are my list of failed investment: Favco, Flbhd, Tropicana, Tunepro. I like to see your worse online behavior. You're getting close to uncle Connie. Ad hominem. When one has nothing substantial to talk.
06/12/2019 4:06 PM
Ricky Yeo @chl1989 Sure. Where do you suppose earning growth comes from? Does it come out from thin air? Enlighten me.
06/12/2019 4:28 PM
Ricky Yeo Uncle, I'm not forcing any way for you to listen to me, do I? I want to share what I believe is true, I don't profess everything I said is right, and certainly just because I read doesn't make me superior. But I definitely didn't put a gun on your head to listen to me did I? Why are you so worked up.
06/12/2019 4:29 PM
Ricky Yeo @Icon whether I am on school holiday, hard labor, retirement, what does that have to do with investing discussion? Is it because everyone is doing linear thinking here: student -> naive -> don't listen to his nonsense.

If my running analogy is too jargon, let me know, happy to explain in another way. If you disagree with my running analogy, I like to hear something better from you. Or you can't have something better to discuss so you resort to school holiday to demean someone? That's why I enjoy learning psychology.
06/12/2019 4:35 PM
Connie555 Talk so much useless....perform...dont jz talk like tin kosong. did u see i ever mention about anything related to figure at all? told u anyone with accounting background could hv come out with the same result. but why not all the accountant is making money from share market? wake up please....we dont swim by jz reading the book....crazy....do u see micheal jordan read book and became 6 times nba champion?????

so teach me....if read how to get rich can really get rich....read how to shoot a basket can really become nba top shooter....
06/12/2019 4:35 PM
popo92 Ricky do you have any successful investments that you can share with us? I am not very sure what makes you that confident, but I highlight your failed investment to remind how confident you beat your chest like you are the only one correct.
06/12/2019 4:39 PM
Ricky Yeo Uncle, there is a difference between swimming and investing. Your analogy works to an extend. Swimming is physical; investing is mental. That is why reading swimming books and investment related books are totally different thing. Got it?

Of course you don't talk figure. I never even seen you analyse a stock! Talking about practical, who is practical, the one that writes on i3 and walk to talk or the one jio ppl to go JB find him lim teh?
06/12/2019 4:40 PM
Ricky Yeo @probability I always welcome your 'more influential information'. I'm waiting for you to tell me.
06/12/2019 4:42 PM
chl1989 from low polymer prices bro...
06/12/2019 4:46 PM
chl1989 ppl are here for some well known facts and insights...
06/12/2019 4:49 PM
chengcheekaan Posted by popo92 > Dec 6, 2019 4:39 PM | Report Abuse

Ricky do you have any successful investments that you can share with us? I am not very sure what makes you that confident, but I highlight your failed investment to remind how confident you beat your chest like you are the only one correct.

I like to know too. What is your successful investment? Because theory is useless if there is no result to back up. Please don't be offended, not that I think your theory is useless, it's just that it's easier to talk when you got the results.
06/12/2019 5:28 PM
George Leong Chill guys. We are all sharing info here to improve our investment performance. Blessed weekend everyone :)
06/12/2019 7:38 PM
Connie555 If my investment journey is not a success one, i wouldnt hv time to ask u come and find me limteh...wouldnt hv time to spend on you at all. Could hv working my ass at some other place oledi...

Come back to the main point, i just dont wish to see young talent like you and choivo fall into the trap too much. with knowledge is good, but to an extend it was too much oledi....

50% fundamental 30%trend 20%luck.


_________________________________________________________________

Of course you don't talk figure. I never even seen you analyse a stock! Talking about practical, who is practical, the one that writes on i3 and walk to talk or the one jio ppl to go JB find him lim teh?
06/12/2019 9:42 PM
GLNT If one is confident of his own judgment and had a good track record, he would be extremely glad if others differ on judgment and opinion, because he would be able to take advantage of the arbitrage opportunities created by all these different opinions. So, thank you all for all your different opinions :)
06/12/2019 9:52 PM
GLNT Many people said Tguan was lousy and should only be worth RM2.50 and below when it was at that price range, such as Harry Teo, O'Mighty Capital, Kenanga etc. We should be thankful to all these so called experts as they helped to press down the share price allowing so many to accumulate. So, thank you thank you :)
06/12/2019 9:56 PM
GLNT Hahaha!!! Doesn't matter, as long as I was earning money. Who cares.
06/12/2019 9:59 PM
cheoky Very reluctant come here. One Ricky lure so many sifus out. We young chap should sometimes listen to senior. Maybe you are in deep comfortable zone by sticking to reading. If u have to experience loses penetrating your core emotion in stock market, you will trust more on yourself, your experience and results of your investing will guide your investing style. Book is never a substitute of above.
Of course, you will becomes more keen to learning by reading because you saw your investing results is showing you are learning the right path.

Rmb system building, you don't study everything prior jump into building a system. You study and learn along the way why and how to overcome obstacle in front of you only when you encounter that obstacle. That time you read, ask and think.

The first step require gut without having complete knowledge. Complete knowledge Robin fly away lo. Jom beli la ah guan.act now. No talk.

Got Guan yi bobi. No need scare la. Jump in only worry later.
06/12/2019 10:17 PM
Connie555 They never think why they are being attacked whenever they appear...its not because of face problems obviously....they nvr think why even the widely respected sifu icon also beh tahan them...if one ppl against u then might b other ppl fault...if 10 or 20 ppl against u...u might need tk start thinking what is ur problem oledi
08/12/2019 11:45 AM
Ricky Yeo The discussion is getting messy here. If:

1. You have any discussion or disagreement about ROC superiority over earnings growth, you're welcome to view and reply my statement to Icon. None has so far.

2. You have any different view about Thong Guan, I'm happy to hear from you.

3. You want to talk about reading and investing, I don't see any point of doing so. It is like discussing politics or religion, we can discuss to the end of time and there won't be any agreement.
08/12/2019 4:52 PM
Ricky Yeo @chl1989 Your reply reminds me of when I was investing Flbhd in 2015. Your reply could easily have been "Favorable forex gain bro". How many ppl wake up to the reality that the share price had little correlation with the exchange rate between MYR:USD. And I'm not even asking you specifically about Tguan, but in general term what are the fundamental of earning growth i.e why some companies can grow revenue by 5% while others 20% etc.

But just something for you to think about, you don't have to answer me. Investing is about thinking alternative outcomes (aka risk management), so here are some:

1. Everyone knows polymer resin price is on the decline, what is your probability that that expectation (of low price and higher earnings) has not been factored into Tguan's current price?

2. Given polymer resin price decline is public information, and Tguan's customers don't have a price lock-in contract, what do you think is the probability that those customers while demand lower selling price? Considering Tguan is a price taker not price maker. What would happen to earning growth if that turn out to be true?

3. Follow up on Q2, what is the probability Tguan has the ability to NOT pass the cost saving to their customers?

4. Follow up on Q2 & Q3, given lower resin price is a boon for plastic manufacturer, what does that tell you about the possibility of Scientex using this opportunity to ramp up their utilization rate and market share? What tells you about other dozens smaller manufacturers eager to grow their market share? And how does that affect Tguan's earning growth?

5. Most important of all, your investment thesis on Tguan lies on a macroeconomic variable that is highly unpredictable: polymer resin price. Maybe you have other main reasons of investing in Tguan I don't know. But having an investment thesis rest on an unpredictable variable, you should know what that implies.

6. Follow up on Q5, if your thesis lies on low resin price (and how unpredictable it is), what is your probability (and magnitude) of loss should the resin price suddenly reverse in trend? And given how unpredictable the future price is, what is your advantage in selling faster than others when market expectation turns?

Not like I'm expecting you to have answers for all these. I don't even know the answers. Probabilistic estimate yes, answer no. But these are considered some 'business sense' questions one should think about before buying Tguan on the assumption of earning growth driven by lower polymer resin price.
08/12/2019 5:35 PM
Ncm88 Everything was good until the fire nation attacked
08/12/2019 6:50 PM
Jeffbkt I just don’t understand why everyone forget one very basic principle about stock market is that there is no guarantee. The different between good investor and the rest is that good investor has the investment strategy that has higher chance to win. There are so many different way of winning in stock market so long your strategy work in the long run and “consistently” provide you a good return years after years. So learn to be humble and respect others if they do have a good strategy be it TA, FA or whatever A. Is it necessary to criticise others just because you don’t like their way of investment ? How you know that your return is better than others ?

As for Tguan, do not generalise that the better result is purely due to low PE cost. Ask yourself have you really study enough of the company.
08/12/2019 7:25 PM
chl1989 we started to buy at rm2.5, when we knew that how much polymer prices dropped yoy, way before the q results was out. My point is, if i purely looked at all these metrics roic roc etc, ignoring the fact that upcoming 2 quarters will be much much better yoy due to lower resin prices yoy, i wouldnt have bought. i think there is no point of us arguing. most of us bought tguan at 2.5, wont be here for years, not like you, had been holding flbhd from 1.5 to 3.5, then back to 1.5, square one, then slipped into losses. Even i sell now, i will get 40% roi. our strategy is completely different. you buy n hold for years. no right or wrong. but for tguan case, share price proved that our initial investment thesis is right.
08/12/2019 8:50 PM
chl1989 for either price taker or price maker, whether their end users able to command them to give further discoount, of course yes, but how about the magnitude of the discount? you have to get to talk to film converters in person, u will understand the whole picture. i was lucky to have spoken to a few of them :)
08/12/2019 8:58 PM
Ricky Yeo Well, if you going to use share price as a way to prove you're right, which to me, is a clear breach in investing (rule no.1: process, not outcome), what can I say right.
09/12/2019 4:08 AM
chl1989 LOL? salute. you enjoy the process and u dont bother whether you are making money or not. i rest my case.
09/12/2019 9:16 AM
chengcheekaan Finally this thing come to an end, please don't argue anymore ok? LOL
09/12/2019 9:24 AM
Ricky Yeo Your explanation is like being dealt 19 on a blackjack game and hit another card of 2, and then 'that proved my initial thesis is right..''. One day you'll grasp the analogy of focus on the game, not on the scoreboard.
09/12/2019 11:28 AM
chl1989 LOL? when you cant win, u confuse ppl with your words. let me translate what u said for you: "u guys win here short term, will lose elsewhere for sure." funny la u
09/12/2019 2:43 PM
Choivo Capital Ricky,

Your patience is legendary.

===
Let me put things this way. I have no doubt that Ricky will end up very rich 10-20 years in the future.

As for some of you, i have no idea if you will even still be in the market then.

===

This year, what i tried really hard to learn is trading. And i don't think it suits me other than in certain scenarios, where the risk reward probabilities is so clearly skewed.

As for reading market sentiment, i'm not sure i want to go down that rabbit hole.

I much better at buying palm oil stocks on the way down and at the bottom. Not so good at buying it when its going up.
09/12/2019 3:30 PM
Choivo Capital To an extent icon etc is correct.

If earnings grow 30 times over the last 10 years with no dilution in shares, the share price should grow 30 times of more as well.

===

Now, when it comes to frying stocks for next year, the possibility of earning growth in the near term (regardless of how endurable it is) and the ability of your stock fryer to make a convincing story is key.

Chances are if you buy palm stocks now, you can ride it a bit till the next quarter. Now, will high palm price, result in lower demand, and thus lower prices in 6 months etc?

That one, you know can d, keep quiet, if other people also know, how to fry the price?

The key thing is to lead the lamb to slaughter.

And not swallow your own bullshit.
09/12/2019 3:39 PM
gemfinder Stop showing off all your talent.. lets shout tguan to rm4 is more meaningful
09/12/2019 7:32 PM
Connie555 Thank god!!!! He came here to enjoy the process and not to make money....nowonder keep criticise other people and never even give credit at all while the more he talk about ROC the more the price go up.


So as the choivo PLP....last time say icon is pump and dump now at there say icon is right. Please lar......dont become dont flip roti canai like politician a while say like this a while say lidat

_______________________________________
Ricky Yeo
1511 posts
Posted by Ricky Yeo > Dec 9, 2019 4:08 AM | Report Abuse

Well, if you going to use share price as a way to prove you're right, which to me, is a clear breach in investing (rule no.1: process, not outcome), what can I say right.
10/12/2019 7:45 AM
Philip Greta Ricky, you are full of bullshit that assumes he knows more because he read the philosophies of the great investors without having the skill to apply the knowledge efficiently.

Icon is correct: earnings growth is all the matters.

In fact, I simplify by adding my own triangle:

The only thing that matters in investing is

Earnings and revenue growth over time, while keeping shareholder value intact.

Any company can grow those things, and minimize all the debt, share placements, warrants sales and borrowings to grow earnings, those are most important.

But then again, your blog musingzebra tells a lot about you, all stories, no investments.

Contrast that to someone I do respect:

http://www.intellecpoint.com/p/position.html?m=1

Felicity blog where she buys, explains and clearly defines her quest to grow her children's college fund ( which I love), you can easily see the difference between academics and real world investors.

Stay in school kid. Happy holidays.

>>>>>>>>

Posted by Ricky Yeo > Dec 6, 2019 6:40 AM | Report Abuse

Icon wrote "earning growth...is the only thing that matters"

Supposedly today I meet up with Icon to discuss his statement above. Failing to settle our disagreement (because Ricky is too academic and Icon's ears are oozing blood), we decided to race each other.

On the next day, you saw a few headlines news "Ricky ran 2km, Icon only 1km"; "Ricky beats Icon"; "Survival of the fittest: Ricky prevails" etc.

Now, if you think at a deeper level, those headlines tells you nothing. The distance me and Icon covered says little to nothing about how fit we are. Because no one asked "How long does it take for us to complete those distances?"

If I told you it took me 5 hours to do 2km (400 meter per hour) and 1 hour for Icon to do 1km (1km per hour), does that change your mind about who is fitter?

Similarly, one company can grow 20% and the other only 10%, does it tell you which is better? No. It is meaningless. The question comes down to "How much capital is required to achieve those growth rate?" If a company doesn't need any capital to achieve 10% growth while the other needs to reinvest 100% earnings to achieve 20% growth, which company is better?

And that is what ROC is all about. ROC is not jargon academic shit that Ricky invented. I can give you a dozen of stock all with the same growth rate and you won't have a clue which one is better.
10/12/2019 8:20 AM
Ricky Yeo Well if earnings growth is all that matter, I am happy to line up 100 stocks, each has 20% annual growth rate, enlighten me which one has the best prospect and explain your process. Thank you.
10/12/2019 8:54 AM
Icon8888 Please give us the list

Please
10/12/2019 8:58 AM
probability i love outspoken greta thunberg!

Posted by Philip Greta > Dec 10, 2019 8:20 AM | Report Abuse

Ricky, you are full of bullshit that assumes he knows more because he read the philosophies of the great investors without having the skill to apply the knowledge efficiently.
10/12/2019 9:13 AM


 

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