Posted by soonning65 > 1 month ago | Report Abuse

Probably can hit 0.80 today

Posted by sephiroth > 1 month ago | Report Abuse

Did anyone get the bonus shares?

Posted by jaynetan > 1 month ago | Report Abuse

Monday to appear in your portfolio

Posted by sephiroth > 1 month ago | Report Abuse

OK thanks

Posted by TheContrarian > 1 month ago | Report Abuse

After ex-bonus did Engtex hit 86 sen? 80 sen?

Posted by soonning65 > 1 month ago | Report Abuse

Neither. It hit 73 sen if I am not wrong

Posted by jaynetan > 1 month ago | Report Abuse

78

Posted by TheContrarian > 1 month ago | Report Abuse

I hope you guys made lots of money in Engtex and Engtex-WB like I did.

Posted by damansaraeagle > 1 month ago | Report Abuse

sorry okay, 0.665 now

Posted by damansaraeagle > 1 month ago | Report Abuse

SORRY WORST 0.65

Posted by damansaraeagle > 1 month ago | Report Abuse

FREE FALL

Posted by damansaraeagle > 1 month ago | Report Abuse

SUPPORT COMING IN AT 0.655

Posted by elmendaman > 1 month ago | Report Abuse

buy on weakness

Posted by TheContrarian > 1 month ago | Report Abuse

🤦

Posted by Richdady > 1 month ago | Report Abuse

Shit...after thy split this share.. stock damaged,... Played with retailers

Posted by damansaraeagle > 1 month ago | Report Abuse

no support at all

Posted by damansaraeagle > 1 month ago | Report Abuse

Engtex Group Berhad's shares have experienced a significant drop recently. As of today, the share price has fallen by 38% over the past month, which has raised concerns among investors. The drop in share price is largely attributed to a decline in the company’s earnings, which have been underperforming compared to the broader market. Despite this, some investors remain optimistic due to the company's forecasted growth over the next few years, which is expected to be higher than the market average. However, the company's current price-to-earnings (P/E) ratio remains high, which suggests that the market has high expectations for its future performance​

Posted by damansaraeagle > 1 month ago | Report Abuse

lowest point 0.64 , support ?

Posted by damansaraeagle > 1 month ago | Report Abuse

0.67 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by Cheah5555 > 1 month ago | Report Abuse

The earlier rise in price was mainly due to bonus issues, the counter might need to rest or consolidate before going up again !

Posted by mf > 1 month ago | Report Abuse

collect

Posted by TheContrarian > 1 month ago | Report Abuse

Why are you people interested in a stock that is spiraling down?

Posted by Icon 888 > 1 month ago | Report Abuse

No Show already la..

Posted by OSWALD > 1 month ago | Report Abuse

https://youtu.be/znF-610aj5c?si=IrCG2sDGhCmuXlrM

Posted by keng88 > 1 month ago | Report Abuse

The 0.615 support is now waiting for the dealer to eat enough and then push it back up.

Posted by keng88 > 1 month ago | Report Abuse

QR GG

Posted by Qwertyuiop > 1 month ago | Report Abuse

Selling dried out, buy on weak qr, expecting better QRs in the near future.

Posted by TheContrarian > 1 month ago | Report Abuse

🤦

Posted by NgWS90 > 1 month ago | Report Abuse

Buy and TP at 81 cents like Kenanga

Posted by damansaraeagle > 1 month ago | Report Abuse

when Mr NgWS90 that we can go 81 cents ???? tommorrow or thrusday or friday ?

Posted by keng88 > 1 month ago | Report Abuse

At the last five minutes, the dealer came in to buy it. There should be a play tomorrow.

Posted by damansaraeagle > 1 month ago | Report Abuse

keng88, they call it a bluff. Nothing happen. Goes down bad 0.61

Posted by damansaraeagle > 1 month ago | Report Abuse

now buying at 0.615

Posted by keng88 > 1 month ago | Report Abuse

Damansaraeagle, Engtex still washing dishes. bought low and waited.

Posted by NgWS90 > 4 weeks ago | Report Abuse

How low is your low, keng88 ? 😁

Posted by keng88 > 4 weeks ago | Report Abuse

NgWS90 , Look at 0.60

Posted by NgWS90 > 3 weeks ago | Report Abuse

Thought your low price was 0.58 (52 week low), keng88 😬

Posted by ocbc > 3 weeks ago | Report Abuse

https://www.channelnewsasia.com/asia/malaysia-penang-water-consumption-shortage-dams-4558206

Posted by ocbc > 3 weeks ago | Report Abuse

https://www.straitstimes.com/multimedia/graphics/2024/06/malaysia-water-woes/index.html?shell

Posted by TheContrarian > 3 weeks ago | Report Abuse

Has Engtex hit 80 sen?

Posted by kenwilbur > 3 weeks ago | Report Abuse

Going lower better sell 1st

Posted by TheContrarian > 3 weeks ago | Report Abuse

Luckily I sold last month for almost 30% gain.

Posted by kenwilbur > 3 weeks ago | Report Abuse

Diving better run

Posted by kenwilbur > 3 weeks ago | Report Abuse

Goin downhill becareful

Posted by kenwilbur > 3 weeks ago | Report Abuse

Sell 1st buy later

Posted by NgWS90 > 3 weeks ago | Report Abuse

Reach 52 week low price. Time to go in ?

Posted by TheContrarian > 2 weeks ago | Report Abuse

When will Engtex hit 80 sen?

Posted by kenwilbur > 2 weeks ago | Report Abuse

No , goin down .

Posted by keng88 > 1 week ago | Report Abuse

Coming.

Posted by Dehcomic01 > 4 days ago | Report Abuse

Engtex – chasing dreams or using base rates?

Daniel Kahneman made famous the concept of the base rate fallacy. When presented with both historical or statistical information and those which is specific to an event, we tend to ignore the historical/statistical one.

I worry that we are going to see this play out for Engtex. This is a cyclical company whose performance is linked to steel prices. So in valuing Engtex we should be looking at its performance over the steel cycle. On such a basis its earnings value based on its historical performance is below its market price suggesting that it is overpriced

Of course, you would argue that this is backward looking and a more forward looking picture should consider the potential demand for water pipes. This in turn relates to the increase in water rates that would translate into better earnings for the water companies that in turn spur more water infra spending. On such a basis, you would consider Engtex as being underpriced.

In the short term the water infra story may play out. But if you are a long-term fundamental investor, shouldn’t you be looking at the water infra story in the context of the base rates?
https://www.youtube.com/watch?v=HRIYJUoQMj4