Tong Herr Resources Berhad

Tong Herr is involved in manufacturing and sale of nuts bolts and screws of all types of iron and steel. They are among the biggest manufacturer in the world for these products.
It is another strong fundamental company that still worth of bargain hunting. Below is the quarterly results:


The revenue has been increasing significantly (Q1'06: 47mil vs Q1'07: 111mil). Net profit has been flying high as well, from 5mil in Q1'06 to 19mil in Q1'07. Its dividend payout is considered high as well, with a total of 24 sen for financial year ended 31 Dec 2007.
I believe it can be another Top Glove which can continue to grow steadily in the next 3-5 years.