EG INDUSTRIES BHD

KLSE (MYR): EG (8907)

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Last Price

1.94

Today's Change

0.00 (0.00%)

Day's Change

1.93 - 1.97

Trading Volume

19,700


22 people like this.

13,921 comment(s). Last comment by mf 1 month ago

Posted by Lukesharewalker > 2016-12-27 15:29 | Report Abuse

Somebody dumping.

Rights or private placement

Will dilute eps

Ramada

655 posts

Posted by Ramada > 2016-12-27 15:43 | Report Abuse

If they issue private placement, I think most of EG investors don't like it.

Posted by Lukesharewalker > 2016-12-27 16:06 | Report Abuse

Either way its further dilution

Rights...times like this nobody would subscribe. They just did that last year
Private placement...bluntly diluted the stock. Back to square one

GUGOD

29 posts

Posted by GUGOD > 2016-12-27 16:07 | Report Abuse

Run b4 it's too late

Posted by Lukesharewalker > 2016-12-27 16:10 | Report Abuse

Looks like stuck in a channel for a while

Ramada

655 posts

Posted by Ramada > 2016-12-27 16:19 | Report Abuse

They lack of money to expand their box build business I think.

Mini Bull

797 posts

Posted by Mini Bull > 2016-12-27 16:25 | Report Abuse

aiiiiiiiiiii... so bad

Posted by Lukesharewalker > 2016-12-27 16:31 | Report Abuse

Strangely enough, they just completed rights last year...so fast finished the money?
Red light warning

Posted by Karl Feihong > 2016-12-27 18:15 | Report Abuse

An announment in bursa today. Does it mean a good news also e.g JV or new investor on board?????:*)

HawkEyes

92 posts

Posted by HawkEyes > 2016-12-27 21:45 | Report Abuse

I am thinking is good news to enlarge and expand its business

Posted by GoodInvestor > 2016-12-27 22:20 | Report Abuse

The article posted this early morning, stock price still up after that. http://www.theedgemarkets.com/my/article/eg-industries-plans-corporate-exercise

Posted by henrytham77 > 2016-12-27 22:40 | Report Abuse

pls dont Private Placement, nothing benefits for current shareholders but eps diluted.
Rights issue at least got a hope can earn like last year buy 50cts share price 80+cts, but precondition is u still got the extra money to pump in.

Posted by henrytham77 > 2016-12-27 22:48 | Report Abuse

Why EG want raise the fund? loan repayment? expansion? what the hell strengthen financials?
what purpose? u all guys guess what?

Posted by Trader123 > 2016-12-28 07:28 | Report Abuse

Whether rights issue or private share placement, its small shareholders will chicken run. Now market no good, who want to spend more money on high debt counter.

Shafiq

266 posts

Posted by Shafiq > 2016-12-28 09:40 | Report Abuse

Need more funds for expansions. Expansion = more revenue in coming years

Mini Bull

797 posts

Posted by Mini Bull > 2016-12-28 10:53 | Report Abuse

when all said buy, i bye . hahahaha

aiboon

296 posts

Posted by aiboon > 2016-12-28 11:06 | Report Abuse

sell sell sell...fast fast run....

Mini Bull

797 posts

Posted by Mini Bull > 2016-12-28 11:20 | Report Abuse

if still want to raise right issue
where is 16+ million go ?
from 2016 Annual report
Expansion and upgrade of factory 20,000,000
used 3,218,000 Within 12 months

Posted by smartInvestor1 > 2016-12-28 11:25 | Report Abuse

砖家在散货

GUGOD

29 posts

Posted by GUGOD > 2016-12-28 11:48 | Report Abuse

RUN

pang72

51,509 posts

Posted by pang72 > 2016-12-28 12:14 | Report Abuse

Don't be the last one to buy....1.000000000

aiboon

296 posts

Posted by aiboon > 2016-12-28 12:23 | Report Abuse

散户在乱进出......

Mini Bull

797 posts

Posted by Mini Bull > 2016-12-28 12:23 | Report Abuse

No good news, how to buy ?

pang72

51,509 posts

Posted by pang72 > 2016-12-28 13:24 | Report Abuse

Just key in buy then ok lor...easy!

Shafiq

266 posts

Posted by Shafiq > 2016-12-28 15:02 | Report Abuse

The Edge Top 12 picks for the year 2017! More like the edge sudah tahu ada barang behind the scenes

pang72

51,509 posts

Posted by pang72 > 2016-12-28 15:18 | Report Abuse

All goreng kaki standby for this. If you wanna join the fun, please come.

kakashit

1,472 posts

Posted by kakashit > 2016-12-28 19:14 | Report Abuse

How come in the latest AR 2016, cold eyes reduce mother shares and increases EG warrant, anyone can explain this?

abangadik

2,305 posts

Posted by abangadik > 2016-12-28 19:33 | Report Abuse

maybe because no dividend more upside then go for warrant..convert warrant to mother when start to give dividend.. I think his tactic for Hevea was that as well before last quarter.

kakashit

1,472 posts

Posted by kakashit > 2016-12-29 08:42 | Report Abuse

Yahor 有道理,look for capital appreciation move

HawkEyes

92 posts

Posted by HawkEyes > 2016-12-29 12:30 | Report Abuse

Lousy stock, sell...

Ramada

655 posts

Posted by Ramada > 2016-12-29 14:23 | Report Abuse

Management team is too young. Just know how to get money from their shareholders.

HawkEyes

92 posts

Posted by HawkEyes > 2016-12-29 15:05 | Report Abuse

Go buy Ekovest better, special dividend and split soon.

GUGOD

29 posts

Posted by GUGOD > 2016-12-30 17:42 | Report Abuse

See...croc enjoy with 8-12% profit within few days..
Quick in quick out.

Ramada

655 posts

Posted by Ramada > 2016-12-30 22:06 | Report Abuse

Boost by articles only.

Ramada

655 posts

Posted by Ramada > 2016-12-30 22:07 | Report Abuse

Morning buy call, afternoon sell quietly.

Alex Chan

3,915 posts

Posted by Alex Chan > 2016-12-31 11:23 | Report Abuse

Buy in at 82 lah...wait for them to crash the shares

gohku

373 posts

Posted by gohku > 2016-12-31 12:58 | Report Abuse

i don't like this counter, very low profit margin and alot of borrowing.

gcke

1,359 posts

Posted by gcke > 2016-12-31 16:43 | Report Abuse

Presently,the technical chart RSI shows selling is still on and predominant.Will take awhile for the price uptrend support to kick in..The lowest price reached .35 cents and highest 1.165 between the one year period covered.The support for this stock all the while is neutral.Moving at the mid-point on the indicator graph.The Edge market recommends EG as one of the stocks to look out in year 2017.
The choice to collect or avoid this stock is up to the person.

VenFx

14,784 posts

Posted by VenFx > 2016-12-31 16:47 | Report Abuse

" How to find another Blossoming Stock " like ( INARI ) ?

ANNUALISED CARG : 89.08%
Means Total Retutn of : 1143.16% from Jan2013 till Dec2016 (Div. Incld.)

( hardly find one, could that be EG, JHM ? )

IF SO, WHAT ARE THE MUST HAVE CRITERIORS ???
WHISH SIFUS HERE , SHED SOME LIGHT :)

Does above success scenario are because of :

1)Inari has Insas as their funder ?
2)Inorganic growth by almost X 3 times the rev & profit, post RTO ?
3)Does Inari must strike rite into the sweet spot
( smart/portable device tech ) ?
4) WHAT I HV MISSED ? PLS. ENLIGHTHEN ME, TQ !

Posted by henrytham77 > 2016-12-31 20:12 | Report Abuse

HAPPY NEW YEAR 2017

Posted by nickthebest > 2017-01-02 22:43 | Report Abuse

Buy frontken better, if you see the quarter results improving. Not only that, if you observe receivables collection every quarter reducing consistently. Same goes for the loans. EG, on the other hand total opposit. Raising additional funds now, confirm cash flow got problem.

Ong928

45 posts

Posted by Ong928 > 2017-01-04 11:56 | Report Abuse

Don't look at cash flow alone. New business venturestart need cash to start off. Will go north....

Posted by James_007 > 2017-01-04 19:25 | Report Abuse

yea, i have the same opinion after the plant tour. Its a great team actually. I think the future prospects is good. I am keeping some for the medium to long term.

Posted by henrytham77 > 2017-01-04 21:01 | Report Abuse

agree, keep long term.. anyone know EG decide Private Placement or Rights? i hope Rights is better..

Posted by Lukesharewalker > 2017-01-06 16:09 | Report Abuse

Red flag. Substantial shareholder selling everyday.
..

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