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

alivetoinvest

1,247 posts

Posted by alivetoinvest > 2017-06-05 11:31 | Report Abuse

Any burst water pipe in Malaysia should benefit Engtex :)

GreenTrade

651 posts

Posted by GreenTrade > 2017-06-05 15:29 | Report Abuse

hold long term till 2020

Goinvest88

495 posts

Posted by Goinvest88 > 2017-06-07 18:47 | Report Abuse

Div ex date 20/Jun & Payment on 3/7/17

Hotrod

731 posts

Posted by Hotrod > 2017-06-08 11:46 | Report Abuse

New project wins ?

Collin Soo

894 posts

Posted by Collin Soo > 2017-06-08 12:29 | Report Abuse

Investors just buy on weakness

ccInvest

120 posts

Posted by ccInvest > 2017-06-08 16:05 | Report Abuse

nice volume!

Hotrod

731 posts

Posted by Hotrod > 2017-06-08 17:38 | Report Abuse

Something is definitely brewing in this counter

paperplane2016

21,658 posts

Posted by paperplane2016 > 2017-06-09 14:54 | Report Abuse

only bad thing about engtex is high borrowing. But all these rest is good

paperplane2016

21,658 posts

Posted by paperplane2016 > 2017-06-09 14:56 | Report Abuse

COF expected RM72mil, SO -360.9mil.

Generating cash per share 0.20. compared to 1.36 now is yielding now 15%

EY ROC
11.2% 16.44%

Div
0.02 1.10%



Top30%
71.89%

Hotrod

731 posts

Posted by Hotrod > 2017-06-09 18:04 | Report Abuse

Manulife not stupid to buy 17m shares. They must have known something.

calvintaneng

56,536 posts

Posted by calvintaneng > 2017-06-13 02:42 |

Post removed.Why?

VenFx

14,784 posts

Posted by VenFx > 2017-06-13 08:20 | Report Abuse

Speculating iver SPLASH WATER ?

paperplane2016

21,658 posts

Posted by paperplane2016 > 2017-06-13 08:25 | Report Abuse

Maybe not that. Director is buying also. Might be something good?

VenFx

14,784 posts

Posted by VenFx > 2017-06-13 08:32 | Report Abuse

Hmmn... worth monitoring ,,,
TA Will be needed in this scenario.

Hotrod

731 posts

Posted by Hotrod > 2017-06-14 18:40 | Report Abuse

Strong buy rate today.

ccInvest

120 posts

Posted by ccInvest > 2017-06-15 17:21 | Report Abuse

back to square one~!!

darkstar

589 posts

Posted by darkstar > 2017-06-17 09:47 | Report Abuse

Good time to collect!

keepeng

104 posts

Posted by keepeng > 2017-06-17 10:01 | Report Abuse

support is at 1.31 and 1.30. collect at this support levels for a good rebound to at least 1.41. i made a few rounds at this support level. Medium term at least 1.50

darkstar

589 posts

Posted by darkstar > 2017-06-21 19:09 | Report Abuse

Starts to move now. Raya offer before it shoots up further!

paperplane2016

21,658 posts

Posted by paperplane2016 > 2017-06-28 15:53 | Report Abuse

director keep converting warrant

Bullhunter

1,194 posts

Posted by Bullhunter > 2017-06-29 09:29 | Report Abuse

waiting 2nd round pump n dump..

paperplane2016

21,658 posts

Posted by paperplane2016 > 2017-06-29 15:59 | Report Abuse

pump n up n up n upn up, then dump

Wei Chyi

216 posts

Posted by Wei Chyi > 2017-06-29 16:17 | Report Abuse

y converting warrant is pump and dump?

darkstar

589 posts

Posted by darkstar > 2017-07-01 13:47 | Report Abuse

Good fundamental and earning. Collect now.

alivetoinvest

1,247 posts

Posted by alivetoinvest > 2017-07-06 13:35 | Report Abuse

Shit counter. Sell

alivetoinvest

1,247 posts

Posted by alivetoinvest > 2017-07-06 13:36 | Report Abuse

Next qr. report should be hard to beat. Sure lower.

Might drop to 1.00

Collin Soo

894 posts

Posted by Collin Soo > 2017-07-06 16:35 | Report Abuse

1.50 before next QR. Hold

darkstar

589 posts

Posted by darkstar > 2017-07-06 20:47 | Report Abuse

Finally the stock got some attention today

alivetoinvest

1,247 posts

Posted by alivetoinvest > 2017-07-07 15:04 | Report Abuse

1.00

darkstar

589 posts

Posted by darkstar > 2017-07-08 11:33 | Report Abuse

He said Hong Leong Investment also preferred defensive picks with decent valuations like Protasco Bhd, Engtex Group Bhd, CSC Steel Holdings Bhd, Heveaboard Bhd, Tex Cycle Technology (M) Bhd and Thong Guan Industries Bhd.

theedgemarkets.com
July 07, 2017 13:07 pm MY

darkstar

589 posts

Posted by darkstar > 2017-07-10 17:52 | Report Abuse

ENGTEX has formed a bullish engulfing candle and subsequently retesting the RM1.37 level accompanied by improved volumes. The MACD Line has issued a BUY Signal, while the RSI is re-testing 50. Monitor for a breakout above RM1.37 targeting the RM1.45 and RM1.52 levels. Support will be anchored around the RM1.32 level.

Malacca Securities Sdn Bhd

alivetoinvest

1,247 posts

Posted by alivetoinvest > 2017-07-11 12:43 | Report Abuse

Next quarterly result surely worse than previous year quarter

darkstar

589 posts

Posted by darkstar > 2017-07-11 19:55 | Report Abuse

alivetoinvest got some insider news? please share thanks

lois123

90 posts

Posted by lois123 > 2017-07-12 19:02 | Report Abuse

skl

darkstar

589 posts

Posted by darkstar > 2017-07-14 12:58 | Report Abuse

collect collect

darkstar

589 posts

Posted by darkstar > 2017-07-19 19:44 | Report Abuse

Back on track!

Hotrod

731 posts

Posted by Hotrod > 2017-07-20 11:03 | Report Abuse

well done.

kentg03

971 posts

Posted by kentg03 > 2017-07-21 17:08 | Report Abuse

bk to square

darkstar

589 posts

Posted by darkstar > 2017-07-23 13:04 | Report Abuse

Gonna wait for the next qr report then

Posted by asrizabidi > 2017-07-29 14:49 | Report Abuse

@sahamteknikmath

darkstar

589 posts

Posted by darkstar > 2017-07-31 13:44 | Report Abuse

Very undervalued now..

kentg03

971 posts

Posted by kentg03 > 2017-07-31 14:08 | Report Abuse

mayb next QR not good

darkstar

589 posts

Posted by darkstar > 2017-08-01 14:55 | Report Abuse

No news is probably good news. We shall see.

nikicheong

2,530 posts

Posted by nikicheong > 2017-08-06 23:40 | Report Abuse

Looks interesting. Attractive valuations. Must do further due diligence. But I've added this to my watchlist!

nikicheong

2,530 posts

Posted by nikicheong > 2017-08-06 23:41 | Report Abuse

However given that there are expected to be around 100mil warrants to be converted between now and October (i.e. just in 2.5 months), I think there might be a sustained downwards pressure on price, so better stay away for now and come back once the warrants are settled.

darkstar

589 posts

Posted by darkstar > 2017-08-07 19:47 | Report Abuse

Engtex - Beneficiary of Nationwide Piping Projects

We are initiating coverage on Engtex with a BUY call at a target price of RM1.60 based on FY18F EPS with forward PER of 10.2 times, based on industry peer average. This translates into a potential upside of 26% against its current share price.

JF Apex Securities Research - 7 Aug 2017

nikicheong

2,530 posts

Posted by nikicheong > 2017-08-07 19:52 | Report Abuse

@Dualshock, warrant exercise price was adjusted to RM0.83 from RM1.25 due to the 1:2 bonus issue. Automatically the number of warrants and the exercise price gets adjusted.

The good thing about these warrants is that they should provide the company with around RM100mil cash, reducing net gearing to 0.5X and giving them a big chance to pare down bank borrowings and save RM7mil annually on interest expenses.

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