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 Liilly Ong > 2017-02-14 21:45 | Report Abuse

Duit Sifu I'm new and been reading yr note, can u guide me pls email me mayalily@hotmail.com

crazy127

1,303 posts

Posted by crazy127 > 2017-02-15 07:05 | Report Abuse

Buy PUC, E.G. too high

Ong928

45 posts

Posted by Ong928 > 2017-02-15 07:20 | Report Abuse

Eg will go north with first tp 1.05 and by end of march tp 1.16

VenFx

14,784 posts

Posted by VenFx > 2017-02-15 09:26 | Report Abuse

Very covincing if break above 0.980 :)

VenFx

14,784 posts

Posted by VenFx > 2017-02-15 10:24 | Report Abuse

微量 宿价 0.965

快來买
不走鸡
Xp

oohlala

112 posts

Posted by oohlala > 2017-02-15 10:42 | Report Abuse

duit sifu, pm pls. jocelynwong5410@gmail.com. thank you.

Vin Chuah

843 posts

Posted by Vin Chuah > 2017-02-15 11:10 | Report Abuse

long Q waiting to sell.. :(

Posted by Samantha Liew Siew Yen > 2017-02-15 12:04 | Report Abuse

Duit side pm pls samanthalsy@hotmail.com
Thank you

AKUMAUKAYA

198 posts

Posted by AKUMAUKAYA > 2017-02-15 12:08 | Report Abuse

going south liao.....

zhangliang

728 posts

Posted by zhangliang > 2017-02-15 12:21 | Report Abuse

Its ok. If you believe in the value, retracement is opp to buy on weakness

stockworm

89 posts

Posted by stockworm > 2017-02-15 12:39 | Report Abuse

Beware syndicates are playing ' pump and dump ' game with this counter.The share price will back to where it is once syndicates making enough money.

VenFx

14,784 posts

Posted by VenFx > 2017-02-15 14:52 | Report Abuse

Lorries of ticket accumulated from 0.920 - 0.985 ; with less than 40% tickets sold from seller .
Can that implied to OFF LOADING from the syndicate ? Come on lar ...

Posted by deadchicken > 2017-02-15 15:50 | Report Abuse

Ppl buying warrant, mother sure shoot up later!

zhangliang

728 posts

Posted by zhangliang > 2017-02-15 16:07 | Report Abuse

Sometimes people like to use the word syndicate freely lo. Maybe there is, maybe dont have. I also dont know. But i read from the article, FA wise, v cheap!

VenFx

14,784 posts

Posted by VenFx > 2017-02-15 17:22 | Report Abuse

0.955 should marked as the immediately Support Level .
Firm above 0.980, shall send EG to peak again .

Posted by deadchicken > 2017-02-15 18:31 | Report Abuse

No news is good news

Posted by eddieleong84 > 2017-02-15 19:17 | Report Abuse

Right issue 1 for 4...

Posted by henrytham77 > 2017-02-15 19:41 | Report Abuse

(吉隆坡15日讯)EG工业(EG Industries Bhd)正计划发行附加股及派送红股,为扩展业务筹资高达6390万令吉。

该集团建议以4配1的形式,发行高达6730万股可赎回可转换优先股(RCPS),参阅价为每股95仙。

这家电子制造服务(EMS)供应商今日向大马交易所发文告报备,其中所筹措的1500万令吉将用以购买及升级设备与机器、1000万令吉则用来购买机柜装配(box build)的原料、240万令吉供研发与收购知识产权、1000万令吉用以摊还银行贷款,以及80万令吉充作营运资本。

“多达2360万令吉的资金将用来收购新业务或资产,以辅助本集团现有的电子制造服务业务;剩余的210万令吉则用以支付此企业活动的费用。”

EG工业表示,该集团已扩大和缴足股本将增加至2亿190万令吉,包括每股50仙的4亿380万股。

在获得相关批准后,这批RCPS的最终发行价将在日后确定。

EG工业集团总执行长江邦健表示,进行这项企业活动是必要的,因集团藉此企业活动来筹资,以便推动集团的业务增长。

他也指出,这将扩大EG工业的资本,让集团有能力投资新产能扩展业务,并确保攫获海外客户。

“EG工业仍未完成与这些潜在候选人(潜在目标)的协商,但我们肯定希望在本地甚至其他国家(如新加坡、泰国和中国)物色收购中小型企业的机会,或收购已备有厂房可辅助我们业务的资产。”

闭市时,EG工业收低0.5仙或0.51%,收报于97仙,市值达2亿493万令吉。

abangadik

2,305 posts

Posted by abangadik > 2017-02-15 19:50 | Report Abuse

now it makes sense why mother run as fast as daughter liao. kekeke..

jen188

193 posts

Posted by jen188 > 2017-02-15 19:52 | Report Abuse

hahaha. Tommorow will go up to the sky. XD

LA777

3,383 posts

Posted by LA777 > 2017-02-15 19:52 | Report Abuse

Luckily bought some today!

Posted by 稻田·* 粒粒芳香 > 2017-02-15 19:56 | Report Abuse

Great!

abangadik

2,305 posts

Posted by abangadik > 2017-02-15 20:26 | Report Abuse

after ex bonus and rights annouce new project vroom vroom again. kekekeke

VenFx

14,784 posts

Posted by VenFx > 2017-02-15 20:43 | Report Abuse

I'm happy to this scenario,
funds see value in EG shall subscribe and claim the Bonus qith 2% annual interest .
(Besides, this would help EG furthur reap with bigger contract from gkobal Electronic players)
This is a golden chance to take a bigger pie from this Box Build segment.

Posted by 稻田·* 粒粒芳香 > 2017-02-15 20:44 | Report Abuse

Kasi Momentum up up up

Posted by StockLearner > 2017-02-15 21:02 | Report Abuse

bonus issue... emmmm....

Posted by onecloud > 2017-02-15 21:45 | Report Abuse

can anyone explain how the right share+bonus share worth to have?

imnewbie

162 posts

Posted by imnewbie > 2017-02-15 21:49 | Report Abuse

i hv a question:
Since the bonus is only entitled to whom subscribe the RCPS, once the bonus issued out, will the share price drop correspondingly?
TQ.

Posted by eddieleong84 > 2017-02-15 21:53 | Report Abuse

If i m not wrong, all the bonus or right issued will have adjustment on share price...Right issue will only dilute the eps without create any new value.

Posted by deadchicken > 2017-02-15 22:05 | Report Abuse

One thing for sure the coming quarterly result sure very good. If not, no people with take the right issue.huat at tml!!

imnewbie

162 posts

Posted by imnewbie > 2017-02-15 22:09 | Report Abuse

But, not all shareholder will subscribe RCPS, if share price adjustment happen, it will affect all shareholder, including those who dont subscribe. Izit make sense?

gcke

1,359 posts

Posted by gcke > 2017-02-15 22:18 | Report Abuse

Normally,the company will reward the shareholders through the bonus issue.At times such bonus issue is made to sweeten the proposal such as for the purpose of raising capital for expenditure ( production expansion) to meet increasing orders,expenditure and acquisition.Company can also fund the capital required through bank loan or private placement.By raising through right issue is a better option in lieu of the global's increasing interest rates on the horizon.
The stock price will be adjusted accordingly after ex-date bonus issue and right issue to reflect the new number of shares issued to all eligible shareholders.
Hope the concise brief helps.Good luck.

newbee

204 posts

Posted by newbee > 2017-02-15 22:58 | Report Abuse

Duit gor, please email also to puplee23@yahoo.com thanks

John Lu

5,187 posts

Posted by John Lu > 2017-02-15 23:02 | Report Abuse

Go go go!! Hoseh liao

Posted by henrytham77 > 2017-02-16 00:51 | Report Abuse

dont worry.. this corporate exercise is good and healty, and i believe coming qr must very strong earning..since 2015 subscribed right issue and make good profits, i thk now many ppl wont miss this boat anymore..INCLUDED ME!

Posted by ChasingDreamz > 2017-02-16 01:12 | Report Abuse

Company have cashflow issue la. bussiness is good, but if cashflow not good, like the saying goes 'yang dikejar tak dapat, yg dikendong berciciran'. Hope qtr result shows company really trying to improve its cashflow. Im in btw

char1234

5,299 posts

Posted by char1234 > 2017-02-16 01:43 | Report Abuse

such bonus issue r free right ? v dont need to subscribe nor pay anything extra.....just to be sure

curious2

1,812 posts

Posted by curious2 > 2017-02-16 04:11 | Report Abuse

Why never give dividend now want our money(ICPS)?

curious2

1,812 posts

Posted by curious2 > 2017-02-16 04:13 | Report Abuse

Agree. That's why former major shareholder(Tai family) sold. Seem new shareholder also face same problem.

Posted by ChasingDreamz > Feb 16, 2017 01:12 AM | Report Abuse
Company have cashflow issue la. bussiness is good, but if cashflow not good, like the saying goes 'yang dikejar tak dapat, yg dikendong berciciran'. Hope qtr result shows company really trying to improve its cashflow. Im in btw

char1234

5,299 posts

Posted by char1234 > 2017-02-16 04:38 | Report Abuse

at d end investors kena ...money all tied up...they push down share price ...v cant sell...soooo common in KLSE

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 04:56 | Report Abuse

EG offer u an option, u may sell tomorrow early morning if u feel not comfortable.

I think this is better than what i assuming before, and happy with this scenario .

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 05:01 | Report Abuse

Ultimately objective,
is to propel EG to furthur growing in organic way. In return u get a bigger pie of Box Build biz.
( Only true, if u see this as opportunity lar )

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 05:03 | Report Abuse

Cheers up , char1234 .
this is the best option so far .
U cant hv both sometimes .

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 05:03 | Report Abuse

[ U want Bonus, EG give u Bonus ]

* Only entitled to those subscribe to RCPS lor :)
For 4 existing shares , u can subscribe for x 1 RCPS only.


[ U Want interest ? No problem . ]

With RCPS, u get annual interest 2% xp

curious2

1,812 posts

Posted by curious2 > 2017-02-16 05:03 | Report Abuse

If Xinquan(or any China stocks) give same reason for asking shareholders money how?

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 05:06 | Report Abuse

BULL RUN , WHILE SKEPTCISM kikiki

moneykj

6,141 posts

Posted by moneykj > 2017-02-16 08:07 | Report Abuse

I just join you all yesterday..

Posted by deadchicken > 2017-02-16 08:23 | Report Abuse

After 2015 right issue, share price went up 100%.

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 08:58 | Report Abuse

Big welcome moneykj sifu .
Let's explore the Huat in EG.

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