Posted by DO RE MI > 2019-02-22 15:44 | Report Abuse

qtr out estimate 28 feb. see whether fly or kaboom

Posted by Mohd Zaimi > 2019-02-25 18:57 | Report Abuse

qtr already out..

Posted by tracker113 > 2019-02-25 18:59 | Report Abuse

gg... tmr drop again.. sad

Posted by djibaok > 2019-02-25 21:38 | Report Abuse

kasi jual lahhhh

Posted by Undi_PAS > 2019-02-26 10:34 |

Post removed.Why?

Posted by tracker113 > 2019-02-27 13:02 | Report Abuse

hi is this down trend ctr?

Posted by Crasd123 > 2019-02-28 01:16 | Report Abuse

Future rm0.10, as Sumatec

Posted by commonsense > 2019-02-28 09:53 | Report Abuse

The company’s revenue has actually remained quite flat since it reaches the peak of RM25.3mil back in FY15. In FY18 the revenue recorded was only RM23mil. What is worst is that profit has actually come down from the peak in FY14 of RM8.6mil to only RM6.3mil in FY18. At the current share price, the company is currently being valued at 30.7x PE which is considerably high for a company that failed to grow both the revenue or earnings for the past 3 years.

The only reason I see to why the company suddenly gets more of the limelight is due to TS Wong (founder of MyEG) exposure in the company. He has a total exposure of around 25%. However, it is still unclear how this will suddenly change the business outlook of Eforce which makes investing into the company now would merely be a speculative trade.

If you are looking to diversify your portfolio outside of Eforce (due to its relatively high valuation) I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.4 PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

Given the very good result in 4Q18, the company is expected to achieve a profit of RM200mil for the full year of 2019. At the current share price, the company is being valued at a very low PE of only 5.1x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by tracker113 > 2019-02-28 12:07 | Report Abuse

this is death stock.. nobody will believe TS Wong anymore

Posted by commonsense_ > 2019-02-28 15:16 | Report Abuse

Good to see commonsense here.

Posted by legendaryfeeder > 2019-02-28 17:30 | Report Abuse

rubbish.

Posted by tracker113 > 2019-02-28 19:30 | Report Abuse

anybody know what happen to jeff wong <MD) keep dispose his share? and he no more as shareholder already.. ceasing

Posted by legendaryfeeder > 2019-03-04 17:18 | Report Abuse

Because is a rubbish counter.

Posted by flash777 > 2019-03-06 09:50 | Report Abuse

Hehehe

Posted by legendaryfeeder > 2019-03-06 11:26 | Report Abuse

Rubbish

Posted by shpg22 > 2019-03-06 11:28 | Report Abuse

This company has a 0% PATMI growth for the past 5 years, yet ppl still think its a growth stock valued it at more than 30x P/E. CRAZY !!!

Posted by flash777 > 2019-03-06 12:25 | Report Abuse

Hehehehe

Posted by nckcm > 2019-03-06 12:32 | Report Abuse

This counter can play few times goreng .

Posted by legendaryfeeder > 2019-03-07 15:23 | Report Abuse

Rubbish.

Posted by tracker113 > 2019-03-07 23:00 | Report Abuse

rubbish stock

Posted by CincaiBuy > 2019-03-08 09:20 | Report Abuse

Dump this stock before it is too late.

Posted by vasu > 2019-03-08 16:52 | Report Abuse

long term

Posted by legendaryfeeder > 2019-03-08 18:20 | Report Abuse

@tracker113 You too, mentioned earlier that this is a rubbish stock. Why still 'how a this stock'?

Posted by legendaryfeeder > 2019-03-08 18:21 | Report Abuse

>>> this

Posted by CincaiBuy > Mar 8, 2019 09:20 AM | Report Abuse

Dump this stock before it is too late.

Posted by Crash123456buil > 2019-03-12 06:12 | Report Abuse

Efforce same IF ca , gd sto ck

Posted by flash777 > 2019-03-12 12:31 | Report Abuse

Buy before too late

Posted by Mohd Fadzli > 2019-03-12 14:07 | Report Abuse

go go go!

Posted by WINNING > 2019-03-12 14:18 | Report Abuse

look like coming

Posted by Tong Coleman > 2019-03-26 12:51 | Report Abuse

Huh! now losing 4.12%

Posted by ahwong > 2019-03-26 16:03 | Report Abuse

lose over 10k at this.

Posted by legendaryfeeder > 2019-03-26 17:30 | Report Abuse

Sap sap sui. Will lose more. Keep drop.

Posted by tracker113 > 2019-03-27 10:29 | Report Abuse

totally run away from myeg

Posted by legendaryfeeder > 2019-03-27 16:07 | Report Abuse

This is goreng n rubbish stock sir. Why u listen to flash777? Sudah kena trap high?

Posted by ahwong > 2019-03-28 10:19 |

Post removed.Why?

Posted by legendaryfeeder > 2019-03-28 12:37 | Report Abuse

Where is the guy saying "explode to 0.7" when this rubbish stock got goreng and up for few bids the other day?

Posted by xiaoqing88 > 2019-03-28 15:48 | Report Abuse

coming coming coming

Posted by xiaoqing88 > 2019-03-28 16:10 | Report Abuse

close 0.47 will be good ! myeg already running

Posted by xiaoqing88 > 2019-03-28 16:10 | Report Abuse

Mr Wong Thean Soon is doing something :P

Posted by tracker113 > 2019-03-28 16:59 | Report Abuse

haha.. still drop

Posted by YF24 > 2019-03-28 17:22 | Report Abuse

buy buy buy 0.505 bonus : )

Posted by Tong Coleman > 2019-03-29 11:12 | Report Abuse

highest was 0.835 last 02/10/2018. shd be able to fly higher

Posted by Tong Coleman > 2019-03-29 15:17 | Report Abuse

Boom!

Posted by Yusuf Isa > 2019-03-29 15:54 | Report Abuse

Tong Coleman... http://www.excelforce.com.my/ This is for what?

Posted by tracker113 > 2019-03-31 14:46 | Report Abuse

any idea on Eforce tendering E-Kasih contract?

Posted by CincaiBuy > 2019-04-02 19:04 | Report Abuse

now is time to buy low

Posted by Yusuf Isa > 2019-04-04 15:13 | Report Abuse

When Eforce wants to go up by itself? Every day must wait MyEg go up first.

Posted by tracker113 > 2019-04-04 16:01 | Report Abuse

will never up

Posted by legendaryfeeder > 2019-04-04 16:33 | Report Abuse

Myeg already shoot up like rocket. Dont expect this rubbish stock to follow myeg. Never. Is just for goreng.

Posted by tracker113 > 2019-04-04 17:44 | Report Abuse

still many believe on TS Wong in the counter

Posted by CincaiBuy > 2019-04-05 10:26 | Report Abuse

Just collect while it is low. Don't expect it will jump in short term.