EG INDUSTRIES BHD

KLSE (MYR): EG (8907)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.93

Today's Change

-0.01 (0.52%)

Day's Change

1.93 - 1.97

Trading Volume

11,700


22 people like this.

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

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 12:33 | Report Abuse

Today's reaction , I has been predicted lor.
Most secondary investors trying to create panic selling ?
Anyway, I rest my case.

Woo John

552 posts

Posted by Woo John > 2017-02-16 12:42 | Report Abuse

ha..... many cases in forum, ppl telling to run / sell, they are buying and the reverse asking ppl to buy and they are selling

red_85

1,259 posts

Posted by red_85 > 2017-02-16 12:43 | Report Abuse

Take my profit..Short term wise not good..At least down for 2-3 months , my2 cents..Bad news if a company ask for right issue..After right issue, more worss

ivan9511

3,854 posts

Posted by ivan9511 > 2017-02-16 12:45 | Report Abuse

ask Ri, obviously eg not much cash in hand, abit dangerous wat ?

hklcheng

1,317 posts

Posted by hklcheng > 2017-02-16 12:56 | Report Abuse

what happen to EG, anyone can tell me?...last two day still in hot up MODE

paperplane2016

21,659 posts

Posted by paperplane2016 > 2017-02-16 13:02 | Report Abuse

Bloodshed

lwyy60

477 posts

Posted by lwyy60 > 2017-02-16 13:03 | Report Abuse

Just imagine what time r best to announce right issue? Remember it is differ to right issue to pay debt than to business expandation. Usually share price indicate what their right issue for.

nocindycat

492 posts

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

Cimb already sold everything lar, see also know

mamaky

47 posts

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

meaning?

beatnodie

34 posts

Posted by beatnodie > 2017-02-16 13:06 | Report Abuse

people when see the right issue all afraid already.Until forgotten the coming qr is good.So sad.

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 13:54 | Report Abuse

Be a great follower, collect step by step don't go against the flow.

3b2b

6 posts

Posted by 3b2b > 2017-02-16 14:12 | Report Abuse

when ppl fear...we....?

red_85

1,259 posts

Posted by red_85 > 2017-02-16 14:24 | Report Abuse

lol..ppl where got fear, still alot of ppl buying or selling..
when ppl fear to buy during consolidation phase(low vol) , then only you can buy normally.

Mgician

716 posts

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

wow.. wat happening here? Suddenly so big volumes buy back?

reiki6

229 posts

Posted by reiki6 > 2017-02-16 15:07 | Report Abuse

i m holding eg for a year long and i believe eg would give me a good returns if i give it a little patience to develop. however, the frequency of raising capital confused me, the co. raised capital in 2015 and in less than 2 years' time proposed RI to raise capital again. It showed me they seems inefficietly in managing their finances, whenever need money jz get it from public, at least the management have to convince us and put some effort in improving the company cash flow besides expansion. Just my view -.-

zhangliang

728 posts

Posted by zhangliang > 2017-02-16 15:08 | Report Abuse

everyone has their own opinion. Argue also no point la. Let the final outcome be determined by the price. Just use logical deduction, EG do rights issue + bonus, value at 95 sens. If mother below 95 sens, will anyone subscribe? No right? So will the mother be below or above 95 sens when time to subscribe for rights issue? think for yourself.

Posted by millionology > 2017-02-16 15:13 | Report Abuse

damn, i sold all at 0.925, stupid

Arcoxia

4 posts

Posted by Arcoxia > 2017-02-16 15:13 | Report Abuse

rcps is good to investors who want to participate in the rise of the company while insulated from a drop in share price. You get paid dividend and have the options to convert into common shares when the share price increases

reiki6

229 posts

Posted by reiki6 > 2017-02-16 15:15 | Report Abuse

@zhangliang..thks! you may be right..hopefully

Woo John

552 posts

Posted by Woo John > 2017-02-16 15:28 | Report Abuse

investors slowly back now.........

Alex Chan

3,915 posts

Posted by Alex Chan > 2017-02-16 15:45 | Report Abuse

Doubt it is going higher until all the selling absorbed.
Yes, they might drive up due to RI but it could months down the line

Alex Chan

3,915 posts

Posted by Alex Chan > 2017-02-16 15:47 | Report Abuse

There could be another sell down with coming QR

Posted by Lukesharewalker > 2017-02-16 16:30 | Report Abuse

Agreed. Better to stay aside now

Hunter2016

319 posts

Posted by Hunter2016 > 2017-02-16 17:03 | Report Abuse

Big evening star formed, long term downtrend ahead.

michaelwong

3,072 posts

Posted by michaelwong > 2017-02-16 17:20 | Report Abuse

2morrow some signed of recovery should set in after some feared RI might diluted the shared price and secondly some unable to subscribe for the Rl. The mother share is not badly hit but the WC suffered more injury for those who bought earlier or yesterday.Should stabilise likely 2morrow
I was quite lucky that I didn't bought the wc yesterday and l picked some when the price was cheaper . No bad seal lah with some over reacted

Mini Bull

797 posts

Posted by Mini Bull > 2017-02-16 18:57 | Report Abuse

浴鸡

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 19:42 | Report Abuse

Immediately reinforcing at 0.925 , a good sign.
0.905 is a very Strong support .

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-02-16 19:46 | Report Abuse

i tend to diagree with mike, hopefully am wrong! watch out for the heavy vol due!!!! intend to park low to buy war, no bad intention lol!!!!!

beatnodie

34 posts

Posted by beatnodie > 2017-02-16 20:02 | Report Abuse

其实目前这个0.93价钱是相当值得买入的。因为right issue是set在0.95。如果到时出了OR后母股不能升到超过0.95的话,那么整个计划就告白了。
既然如此,那么母股要升到多少才有吸引力呢?我个人觉得应该要到1.10。股东们以0.95的价钱买入1.10的股票才会有吸引力(discount 20%左右)。OR当天应该会调到0.08~0..1之间。这样外面的人才会看得上(0..1 0.95=1.05)。
如果母股当天是站在1.0左右的话,大部分的股东都会看不上眼(只赚0.05)。OR直接丢去市场便宜卖。那么外面的人更加不用说了(跟直接买母股没什么分别)。这样公司怎样筹资64m?
所以说升到1.10是必然的。以0.93目前价买入3个月之内可能升到1.10你们认为值得吗?
最后想说的是这只是个人观念,买卖自负。

HuatRex

2,617 posts

Posted by HuatRex > 2017-02-16 20:22 | Report Abuse

不值得

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-02-16 20:28 | Report Abuse

yes, if u r a long term investor!!!!! but many ppl here, including me are hit n run traders!!!!! do u notice that the number of 'gamblers' has increased to abt 20% of the transactions? so ppl like me will certainly bargain hunting when there is price drop!!!! today q at 0.565 for war, almost got it, when as low as 0.57!!! tomolo i will q again, as low as i can see becos big volumes due the next 2/3 days!!!!

hope, i dont step on ppl's nerves, just sharing my thots!!!! kikikikiki

ljmeng

830 posts

Posted by ljmeng > 2017-02-16 20:29 | Report Abuse

Really not worth.....

VenFx

14,784 posts

Posted by VenFx > 2017-02-16 20:50 | Report Abuse

我说 , 这个 震一震
成功 吸引了 好多
想 捞底 和
兴致勃勃 的 股友
进来 了。
好事

只要 交出 好成绩
EG 只会 一路 涨

Posted by Fly_universe > 2017-02-16 21:08 | Report Abuse

第6面,first two lines:

The Group shall utilise up to RM10.0 million to purchase raw materials for its new
box-build contracts that were secured during the current financial year.

據我們所知,最近一次的Contract是Shortcut Lab的Flic,但已經是上一個FY 2016的事了。現在FY 2017到目前為止還沒有公佈任何新的contract,那麼上面這個無論是新公司的contract,還是現有公司的increased order,都是一件好事。

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-02-16 21:11 | Report Abuse

hahahha!!! 'hit n run' traders like me will never buy when stock suddenly moves so high!!!! i wish best of luck to holders, i wish all holders will dapat profit! but if price suddenly comes down, i will be amongst the first to fish!!!!!! i only long term in blue chips leh!!!! i hope to get few rounds of Starbucks tomolo in this kaunter, kikikikiki!!!! what do u think bro VenFx? anyway thanks to you, i have free rounds of Starbucks in Vis and comel!!!!

paperplane2016

21,659 posts

Posted by paperplane2016 > 2017-02-16 21:26 | Report Abuse

Let weak holders sell

cheated

999 posts

Posted by cheated > 2017-02-16 21:29 | Report Abuse

So can run up to RM 1? If drop what price to cut loss?

Posted by paperplane2016 > Feb 16, 2017 09:26 PM | Report Abuse
Let weak holders sell

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-02-16 21:29 | Report Abuse

yes, those weak holders are usually day traders who are punting!!!! to me, it is an oppurtunity to buy some from those ppl!!!!! kikikiki

michaelwong

3,072 posts

Posted by michaelwong > 2017-02-16 21:39 | Report Abuse

Musangking you are quite right when the market hot up, the increased in gamblers will increase to 20%. Just when the market shift mode, this short term contra will run like no 2morrow since they cannot afford to loose more since some who bought in bulk will even mortgage their pants if they insist to run faster than others.But buying in bulk sometimes can make huge profits out of few cents and must see cun cun lah not depending on the bomoh or fortune tellers con man........ kikiki!!!! I bought some wc today quite cheap lah to see can Cari some beers money to soothe my drying troat...... hahaha! Hope for the best 2morrow lah ..... either kopi o will do if no carlsberg.

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-02-16 21:44 | Report Abuse

i q at 0.565 today.. but the lowest was 0.57!!!! just miss by a whisker!!! i will try my luck tomolo ... as heavy volumes due these few days!!!! hope it will not come down!!!! so that u can make some beer!!! but if it reli goes down... i will be waiting!!!! kikikikiki!!
[ few monts ago, institional buying amounted to 90%, but now it goes down to 80%, an indication gamblers are increasing!!!}

michaelwong

3,072 posts

Posted by michaelwong > 2017-02-16 22:14 | Report Abuse

Musangking, l bought WC when it reaches 0.57 and I waited sometimes when it started to rebound slightly at 0.59 hovering back to 0.58 quite sometime. So I think and consider it has gone down to lower than 10℅ and l finally I decided to bought at 0.585 which I considered is quite ok when the market is still hot is hard to get very cheap lah . I am quite happy since after the US presidential election and Trump was elected as president, I profited most of the counters that l of late invested and don't mind to loose some back in wc if things goes the other way. Quite frankly bro, this several weeks not me alone profited but many since the market is quite satisfactory . I think Venx sifu bought quite early for this counter if I'm not mistaken. Cheers bro ! Arm urself with bullets to fire if it happened to dropped more and l still have adequate funds to leverage it it goes lower . Many badly hit in this counter with the sudden RI issue.

Mini Bull

797 posts

Posted by Mini Bull > 2017-02-17 00:23 | Report Abuse

浴鸡
ayam mandi.
selepas mandi, ayam boleh terbang lagi kah ?

Alex Chan

3,915 posts

Posted by Alex Chan > 2017-02-17 09:27 | Report Abuse

Game over for now

zhikein

32 posts

Posted by zhikein > 2017-02-17 10:52 | Report Abuse

look like so many people want us to sell. Keep posting negative comment here :)

Woo John

552 posts

Posted by Woo John > 2017-02-17 10:57 | Report Abuse

Don't...... the RI offered price (if on) is 0.95 and for sure the share price will be much higher otherwise who wants it.

zhikein

32 posts

Posted by zhikein > 2017-02-17 11:27 | Report Abuse

No worries bro. I'll stay by you always.

Posted by Ultrainvestor > 2017-02-17 12:22 | Report Abuse

Thanks Woo John, a very strong point there.

zhangliang

728 posts

Posted by zhangliang > 2017-02-17 14:21 | Report Abuse

Already explained earlier. Wont repeat again. Can check back my comment. Read tradeview article to understand EG business. dont have to listen too much to noises around. trust ur self. Good investors like musangfoxking, Venfx, Tradeview have shared their views. Ignore naysayers who only show up when share price drop a bit.

VenFx

14,784 posts

Posted by VenFx > 2017-02-17 14:35 | Report Abuse

BUYING OPPORTUNITY
before a firm breaking up from 0.950
Very strong support at 0.905 xp

nocindycat

492 posts

Posted by nocindycat > 2017-02-17 14:59 | Report Abuse

u guys too scared of CIMB Principal , you look at SUCCESS, they sold it at RM2.10, now ? RM2.59!

EG sold at 89c, now 94, more to come!

Post a Comment
Market Buzz