Professional Documents
Culture Documents
• Styling, manufacturing, distribution and installation of leather upholstery for car seat covers &
supply of leather cut pieces to the automotive leather upholstery industry.
• Initial Public Offering 15 April 2016
TECHNICAL ANALYSIS
Aspect Analysis
Moving Average - Bullish
- Uptrending
- Buy signal
MACD Strong buy
Stochastic No confirmation
THONG GUAN INDUSTRIES BERHAD - 7034
• Began as a family-oriented business in 1942 distributing tea and coffee locally under our 888™ brand. Largest
manufacturers of plastic packaging products in Malaysia and fastest growing companies in Asia Pacific
• Sector : Industrial Products & Services – Packaging Materials
Market Cap: 527.7537 Mil Market: Malaysia, Japan, NZ, Australia, Europe
In the News
Strongest gains in 2019 despite the US-China trade tensions
Low raw material cost leading to better profit margin ($0.03/lb)
56% YoY growth in net profit for 1H19
Competitors:
Daibochi Bhd (lower EPS, “-” cash flow)
Perusahaan Sadur Timah Malaysia Perstima Bhd (lower ROE%)
SLP Resources Bhd (smallest market cap among all competitors)
Moving Average - Bullish Earning per Share Consistent Cost Advantage Yes
- Uptrending
- Buy signal Network Effect Yes
Cashflow Positive
MACD No confirmation
Debt to Equity < 0.5
Stochastic No confirmation
BULLISH
UP-TRENDING
BUY SIGNAL