ENGTEX GROUP BHD

KLSE (MYR): ENGTEX (5056)

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Last Price

0.595

Today's Change

-0.005 (0.83%)

Day's Change

0.595 - 0.60

Trading Volume

99,900


10 people like this.

2,781 comment(s). Last comment by keng88 1 week ago

Posted by bonescythe > 2016-07-08 22:14 | Report Abuse

1.30 on track
Strong EPS.. strong demand on steel products
Add the pipe in, will explode

ccInvest

120 posts

Posted by ccInvest > 2016-07-11 14:11 | Report Abuse

up, down, repeat

hps3388

22 posts

Posted by hps3388 > 2016-07-13 09:35 | Report Abuse

Exploded but downwards

zqhuang

66 posts

Posted by zqhuang > 2016-07-15 10:49 | Report Abuse

when the share is cheap (but no interest), people will shun it, and will panic buy when it is moving upwards. the stock's nta is worth hell off a lot if you were to asess its landbanks.( the pipe business aside) have to keep, it is an investment counter
.

zqhuang

66 posts

Posted by zqhuang > 2016-07-15 10:50 | Report Abuse

to make quick bucks, forget it!!!

pro888

182 posts

Posted by pro888 > 2016-07-15 13:09 | Report Abuse

Slow Slow Ma

pro888

182 posts

Posted by pro888 > 2016-07-15 15:42 | Report Abuse

wa -premium ,

leelc70

402 posts

Posted by leelc70 > 2016-07-27 12:07 | Report Abuse

this counter worth to wait for the new water pipe replacement project to be launch soon by government

investlah

20 posts

Posted by investlah > 2016-07-31 09:35 | Report Abuse

13 billion till 2020 , so yearly allocation of fund expected 2.6 billion a year , take note on the potential !!

http://www.theedgemarkets.com/my/article/over-rm13b-needed-reduce-nrw-%E2%80%94-span

investlah

20 posts

Posted by investlah > 2016-07-31 09:36 | Report Abuse

Election year coming soon, u know how to position ah...

http://www.freemalaysiatoday.com/category/nation/2016/07/26/rm400m-to-overcome-water-woes-in-klang-valley/

Posted by DontPipemyPimp > 2016-08-02 09:54 | Report Abuse

This year will be a superb year for Engtex as low steel price has hit them in FY2015 (write-down of inventories). For FY2016, 1H16 saw steel prices reversed and has been uptrending until now. To top if off, further crackdown on one of the largest nickel mining countries and nickel being one of the important raw material for steel, i believe steel prices will continue to go up and Engtex would definitely be benefiting from this. Link: http://www.mining.com/nickel-price-jumps-manila-mining-crackdown/
I am definitely looking at FY2016 full year profit of around RM50-60 million (annualizing first quarter results), a 50% increase from FY2015 full year net profit. With RM60 million profit at current mkt cap of RM367 million, it is only hovering at PE of 6x. Bargain or not, you all decide. For me, this will be one hell of an investment for me this year.

ccInvest

120 posts

Posted by ccInvest > 2016-08-10 17:14 | Report Abuse

woot! volume!

leelc70

402 posts

Posted by leelc70 > 2016-08-11 17:32 | Report Abuse

start boosting the power liao

Posted by DontPipemyPimp > 2016-08-12 12:56 | Report Abuse

this stock popular with going up 2 days and down back.. susah la got ppl control

ccInvest

120 posts

Posted by ccInvest > 2016-08-15 10:45 | Report Abuse

lets see if it can stand above 1.25!

ccInvest

120 posts

Posted by ccInvest > 2016-08-16 17:46 | Report Abuse

good! lets see how far this counter can go !

Goinvest88

495 posts

Posted by Goinvest88 > 2016-08-16 23:20 | Report Abuse

Good! Who is the shareholder of private placement?

lcng123

1,124 posts

Posted by lcng123 > 2016-08-17 08:17 | Report Abuse

ManuLife

imoogi99

1,640 posts

Posted by imoogi99 > 2016-08-17 12:40 | Report Abuse

1.35.....next area will be 1.40/1.43.

ccInvest

120 posts

Posted by ccInvest > 2016-08-19 17:25 | Report Abuse

the volume is more than pokemon go player!

Jack Yc

75 posts

Posted by Jack Yc > 2016-08-24 07:37 | Report Abuse

when is engtex qr report?

Posted by thunderbird > 2016-08-25 15:47 | Report Abuse

result expected good or bad? wanna buy ler

mhchai

589 posts

Posted by mhchai > 2016-08-26 17:19 | Report Abuse

Best quarter result since IPO

DK66

4,269 posts

Posted by DK66 > 2016-08-28 14:57 | Report Abuse

Good results to continue as long as steel prices stay strong. The need for water pipe replacement will only gain urgency as time passes.

ccInvest

120 posts

Posted by ccInvest > 2016-08-30 11:40 | Report Abuse

no more momentum.

rizerlee

752 posts

Posted by rizerlee > 2016-08-30 20:32 | Report Abuse

Hope it drop more for my collections

leelc70

402 posts

Posted by leelc70 > 2016-09-02 16:25 | Report Abuse

with visible earning for future quarter and years. Its price sure will rise stablely. What i wish is those holder please throw it at lower price to me now.

winPLUSwin

418 posts

Posted by winPLUSwin > 2016-09-08 13:21 | Report Abuse

No ppl interested in this counter although quite active last month... stagnant already. hehe... Hope it get excited news !

ccInvest

120 posts

Posted by ccInvest > 2016-09-08 17:26 | Report Abuse

up and down, it just cant keep volume momentum

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-09-13 14:09 | Report Abuse

Market has overlooked this company with its strong quarter report as out in 26 August 2016 with EPS earning of 6.86 sen, but the price just in stagnant ?

winPLUSwin

418 posts

Posted by winPLUSwin > 2016-09-20 12:53 | Report Abuse

no fuel at all ?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-09-24 22:50 | Report Abuse

Best time to accumulate more.

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-28 22:47 | Report Abuse

Worth waiting la .... hahaha ... cheers ....

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-06 16:12 | Report Abuse

got new of syabas company??

leelc70

402 posts

Posted by leelc70 > 2016-10-06 17:55 | Report Abuse

hope the coming budget will touch the water supply issue which will spur the paip replacement activities and benefit this counter

ccInvest

120 posts

Posted by ccInvest > 2016-10-10 11:41 | Report Abuse

this counter just unable to boosts up. is dead now.

JJchan

7,182 posts

Posted by JJchan > 2016-10-12 15:41 | Report Abuse

at this price 1.27---it is better to buy Kps.....Estimate to receive 1Xbook value of Splash(RM750m)
and maybe Sapu All Selangor Pipe Replacement projects bcoz kps is 60% owned by KDEB

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-12 22:04 | Report Abuse

Don't be silly, kps have to buy all piping stuff from engtex.

JJchan

7,182 posts

Posted by JJchan > 2016-10-13 08:15 | Report Abuse

Kps just bought a Plastic pipes company using technology from Germany (actually Syabas
is also using plastic pipes(pvc) for small diameter pipings where most of the breakage occurs).
The huge carbon steel pipes( 3 and above feet Diameter) replacement biz is now monopoly by
taliworks and Jaks

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-13 10:48 | Report Abuse

KPS is selangor goverment investment arm company, better don't touch too complicated.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-14 14:36 | Report Abuse

Manulife has absorbed enough shares, time to rebound !

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-17 09:49 | Report Abuse

勇达集团(ENGTEX,5056,主板贸服组)
董事经理拿督黄福
制定换水管政策

勇达集团期许政府拟出详细计划,以替换4万4000公里的陈旧水管,这些水管已沿用超过50年,并且已锈蚀,造成庞大的无收益水(NRW)被浪费。根据2014年记录,大马有36%的无收益水,超越新加坡的5%、日本的7%和菲律宾的11%;石棉水泥水管这些年来逐步锈蚀,恐危害健康。

期许看到政府制定撤换水管政策,以在一定期限内撤换水管;这不仅让水管维持高效,并减低各州的漏水问题。

我们希望政府持续鼓励建更多新住宅与工业产业,配合人口之增长与经济发展步伐。这将促进乘数效应,这有助透过国内经济显现的实力,从而加强投资家对我国的信心。

榕钢控股(YKGI,7020,主板工业产品组)
集团董事经理拿督苏添来
加码公共开支

大马需启动一个扩张式预算案,把过去多年受压的发展开支由20%提升至30%,经常开支也应由80%调低至70%,以30%对比70%的模式拉动大马经济前进。

过去多年,大马一直仰赖私人界为经济成长火车头;2017财政预算案我们期许政府,在公共开支“加码”,以更快速度拉动大马经济,以缓和外围的放缓。

基于政府已从2015年4月起实施6%消费税(GST),人民也期许在企业税与个人所得税降低2至3%。实施消费税后,人民普遍面临生活费提高而加重负担,无形中也打击内需。

ccInvest

120 posts

Posted by ccInvest > 2016-10-19 14:57 | Report Abuse

WTF this counter!

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-19 16:16 | Report Abuse

..... = = this counter really WTF, better run

ccInvest

120 posts

Posted by ccInvest > 2016-10-19 17:03 | Report Abuse

up on high volume, fall on small volume.

leelc70

402 posts

Posted by leelc70 > 2016-10-26 11:39 | Report Abuse

if the news is valid, this counter shall be buy and hold now for mid term investment since institution was interest to it

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-26 12:43 | Report Abuse

placement fail, means can't attact buyer to subscribe...

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-29 09:29 | Report Abuse

No need to argue, could be u right or wrong. Time will tell, and price will speak itself.

leelc70

402 posts

Posted by leelc70 > 2016-11-15 23:43 | Report Abuse

Result good but price lacklusterate show investors waiting the explore news. The recent conversion of warrant to mother share press down the price implied those interested to buy this counter need to very patient to wait

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