Preliminary Look at Thong Guan

Thong Guan company website
http://www.thongguan.com/main.htm


The nice growth in revenue of this company from 1995 was not transformed into a similar smooth uptrending growth in earnings.  Earnings had been volatile and challenging.  Dividends at a glance had not grown over the years.

However, its share price has been beaten down severely since 2005.




The last exciting news on Thong Guan in its website was its venture with ExxonMobil:

By Keith Boi
Posted 26 September 2008 10:04 am GMT
Malaysian film converter Thong Guan has launched a thin gauge stretch packaging film
based on a formulation that includes the Enable metallocene polyethylene (mPE)
technology introduced by ExxonMobil Chemical earlier this year.
To be commercially marketed by Thong Guan, the MaxStretch film is said to use about
40% less material without compromising on film performance and quality, while
addressing sustainability concerns.


Its share price shot up yesterday. Why?   Unless you have the facts, it is speculative to own this stock.