EONMETALL GROUP BHD

KLSE (MYR): EMETALL (7217)

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Last Price

0.30

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


4 people like this.

1,180 comment(s). Last comment by dupontusa 3 weeks ago

Posted by behyinkian > 2016-09-28 17:04 | Report Abuse

wat happen?? roller coaster really rosak ahhhh??

Posted by comebackisreal > 2016-09-29 16:32 | Report Abuse

If the Roller coaster going to holland. Then better rosak

imlearning

869 posts

Posted by imlearning > 2016-10-01 00:03 | Report Abuse

already holland...

Ikaztahkik

131 posts

Posted by Ikaztahkik > 2016-10-01 02:02 | Report Abuse

roller coaster apa sudah jadi....haru biru mcm ni...hahaha

Ikaztahkik

131 posts

Posted by Ikaztahkik > 2016-10-04 12:58 | Report Abuse

yeahhh...up up up..emetall boleh...roller coaster sudah ok...hahaha

imlearning

869 posts

Posted by imlearning > 2016-10-04 23:07 | Report Abuse

why suddenly no energy liao?

Posted by comebackisreal > 2016-10-05 11:58 | Report Abuse

Haizz. Going down hill

Posted by behyinkian > 2016-10-05 16:09 | Report Abuse

holland d

imlearning

869 posts

Posted by imlearning > 2016-10-05 17:17 | Report Abuse

Kena caught...(crying)

Posted by Ang Kian Teck > 2016-10-07 05:39 | Report Abuse

5% mean how much?

Posted by fychee88 > 2016-10-07 12:20 | Report Abuse

5% of par value. ie. RM0.50 x 5% = 2.5Sen

value1234

21 posts

Posted by value1234 > 2016-10-07 12:43 | Report Abuse

Will depart from 0.74 to 0.81, 89, 1.00. When will this flight is going to depart?

value1234

21 posts

Posted by value1234 > 2016-10-07 13:59 | Report Abuse

With the dividend distribution announcement, the company should be doing quite well, better than previous

khphua25

34 posts

Posted by khphua25 > 2016-10-08 13:57 | Report Abuse

Why keeping drop..?

imlearning

869 posts

Posted by imlearning > 2016-10-08 21:04 | Report Abuse

ya,suddenly drop so fast....anybody know what happen?

value1234

21 posts

Posted by value1234 > 2016-10-09 19:20 | Report Abuse

Consolidating. Will increase sharply very soon.

Posted by CoffeeTime > 2016-10-11 11:18 | Report Abuse

Hm...why he sell then? Today market rebound...should be positive ending.

imlearning

869 posts

Posted by imlearning > 2016-10-11 16:27 | Report Abuse

Ya, should up today ,why drop again...

Posted by CoffeeTime > 2016-10-12 23:01 | Report Abuse

Give up....i cut loss and invest other potential stock. ouch~!

Posted by behyinkian > 2016-10-13 21:10 | Report Abuse

@bing,good news or bad news?

Posted by behyinkian > 2016-10-13 23:08 | Report Abuse

KUALA LUMPUR (Oct 13): Eonmetall Group Bhd plans to raise up to RM11.3 million via a private placement of up to 10% of its issued share capital, which will be used to expand its business operations and for working capital.

In a filing with Bursa Malaysia today, Eonmetall said the proceeds are intended to be utilised for the expansion of its existing business of manufacturing and sale of metalwork machinery and steel products, as well as to build a solvent extraction plant for palm fibre oil and palm kernel oil.

The proceeds will be used within 12 months from the date of completion for the proposed private placement.

Eonmetall said up to RM7.04 million will be allocated for the expansion of the company’s existing business, but in the event that such business expansion plans do not materialise within the expected time frame, the group will use the proceeds for working capital.

The proposed corporate exercise will also result in improvement in Eonmetall’s gearing ratio and strengthen its financial position.

Based on an indicative issue price of 66 sen per placement share, the group expects gross proceeds of between RM11.13 million under the minimum scenario (assuming that all 2.52 million treasury shares are retained) and RM11.3 million under the maximum scenario (assuming that all 2.52 million treasury shares have been resold in the open market). The issue price represents a discount of 9.09% to the five-day weighted average market price of Eonmetall shares.

The proposed private placement is expected to be completed by the first quarter of next year.

Eonmetall shares closed up one sen or 1.41% at 72 sen today for a market capitalisation of RM121.5 million.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-10-14 00:01 | Report Abuse

I hate private placement, normal public will have no chance to participate. Only insiders or close parties got chance to buy cheap, normally discount 9%-10% to the current market price.

Meanwhile, other existing shareholders can only watching their shares being diluted & can't do anything.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-10-14 00:02 | Report Abuse

Gadang done it, Airasia doing it, now EonMetal. Why not right issue & give free warrant? Everyone will be happy then.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-10-14 00:59 | Report Abuse

That's my 2 cent opinion & it is subjective, no right or wrong. But you are right, bing, most important is share price always can moved up after this.

Viie

235 posts

Posted by Viie > 2016-10-14 13:09 | Report Abuse

PP always make the price more cheaper, just like Gadang..

Viie

235 posts

Posted by Viie > 2016-10-14 13:15 | Report Abuse

Probably, for long term i think pp is good for company..

Viie

235 posts

Posted by Viie > 2016-10-14 13:20 | Report Abuse

Every company is different, when Gadang pp, price drop till 1.8x, but after pp the price going back above 2 (Depend on market)

imlearning

869 posts

Posted by imlearning > 2016-10-15 23:42 | Report Abuse

really like air terjun this few days, hope budget can rebound this counter

Posted by Alex Lim Jun Xiong > 2016-10-18 09:31 | Report Abuse

lai liao lai liao

imlearning

869 posts

Posted by imlearning > 2016-10-18 13:07 | Report Abuse

Come come come ,gambateh!!!!

Briantee

31 posts

Posted by Briantee > 2016-10-21 10:06 | Report Abuse

is it a good time to jump in?

MOTOHO

28 posts

Posted by MOTOHO > 2016-10-23 14:36 | Report Abuse

@@,,,

value1234

21 posts

Posted by value1234 > 2016-10-24 13:03 | Report Abuse

The resistance now is 0.755 if break, then it will proceed to 0.77. The Bollinger band is likely to go narrow, if exceed the resistance at 0.77 ... then the next resistance will be 0.8++ ... With the coming quarter report, it should be no problem

imlearning

869 posts

Posted by imlearning > 2016-10-24 23:57 | Report Abuse

drop till no where, hope it could rebound very soon

Posted by WealthWizard > 2016-10-25 18:46 | Report Abuse

MYCRON on the run with Revised Target RM1.68 (Upside Potential +50%) Part 4
http://klse.i3investor.com/blogs/wealth123/107089.jsp

imlearning

869 posts

Posted by imlearning > 2016-10-28 15:52 | Report Abuse

jalak.....drop some deep!

Posted by Ang Kian Teck > 2016-10-31 12:23 | Report Abuse

whathappen

Posted by invincibledog > 2016-11-01 18:36 | Report Abuse

director sell first, then take private placement at lower cost , thats y ppl scare and dump the share. See what happen if the share drop below private placement cost.

Posted by Mohd Fahmi Bin Jaes > 2016-11-03 11:11 | Report Abuse

Write a comment..buy

imlearning

869 posts

Posted by imlearning > 2016-11-08 01:06 | Report Abuse

yes!!! im waiting it up soon!

Posted by Zamry Yahaya > 2016-11-08 15:06 | Report Abuse

Any good news bro..

imlearning

869 posts

Posted by imlearning > 2016-11-08 22:31 | Report Abuse

no news, air terjun~haha!

MOTOHO

28 posts

Posted by MOTOHO > 2016-11-17 20:45 | Report Abuse

Haha bad

Posted by mastertrader > 2016-11-18 03:55 | Report Abuse

drop moreee so sad

Posted by Alex Lim Jun Xiong > 2016-11-21 16:36 | Report Abuse

Start to move liao, result good?

steveooikp

4,689 posts

Posted by steveooikp > 2016-11-24 11:43 | Report Abuse

bing... I miss u

steveooikp

4,689 posts

Posted by steveooikp > 2016-11-24 17:16 | Report Abuse

hi bing.

are u still holding nexgram?

scary...

steveooikp

4,689 posts

Posted by steveooikp > 2016-11-24 17:17 | Report Abuse

hi bing.

are u still holding nexgram?

scary...

analysis

54 posts

Posted by analysis > 2016-11-25 11:00 | Report Abuse

if i'm not mistaken,pmetall result decrease..so eonmetall??guess it

bing

3,794 posts

Posted by bing > 2016-11-25 11:04 | Report Abuse

i guess not bad, good or increase nevermind. you guess it what i means

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