Ho seh la!! Already say, RI and QR announcement already time nicely. So nice got discount for past 2 weeks kasi can pickup more...kekekek... Huat ah!!!
@venfx, u r right, this estimate figures will re-count after corporate exercise. luckly this wave flush out a lot of trader, i personal totally agree & it is good for RCPS bcoz long term investor will keep until the share value released, (trader pattern will sell immediately after get the new bonus share and u can see the price drop like hell) Of course i dont k the share price diluted by this exercise, just worry not enough money to grab some more extra RCPS..Friends, r u ready?prepare your bullets...
Growth from Eg will mitigate the dilution from ex-bonus , but serious money will increase Nta per share and deleveraging .Hardly to see Eg going to fall lar. Only speculator may stir it in short to jittering out the retailers to cheat their cheap tickets lor.
All i can say is finally believers in EG are vindicated...... When Tradeview, Venfx, myself and others was adamant that there is nothing to worry about this EG, noisy naysayers talk rubbish and shout nonsense all day long. With such awesome QR results, I think these people can just continuing hiding. Believers in EG and the prospect will be REWARDED! Good job to all who are still holding man!!!!
---------------------------------------------------------------------------------------------------------------- tradeviewDear all, as EG Industries Bhd is one my value picks for 2017 when I called at 86 sens in my article, I feel I have the responsibility to give a bit of comment to calm the nerves. For those who have read my article would know that I have already taken into account of this corporate exercise by EG. Similar to all, I am not pleased with them raising cash from shareholders again because they did a private placement back in 2015 at around 82 sens. Now they opting for rights issue + bonus at 95 sens. All these was already part of my consideration and it is no surprise. You all can read the article here. http://klse.i3investor.com/blogs/tradeview/113784.jsp 16/02/2017 10:56
Foresee more upside to come ! Operators washing away trader! This stock is only meant for people who really believe in investing because this stock can really give you the expected return of!!
“Contrary to the industry norm in the region, we expanded our workforce in our Sungai Petani plant in the quarter, to ramp up our production to fulfil customers’ orders for consumer electronics products. Remarkably, the higher labour cost was offset by the favourable product mix, which still allowed us to enhance our bottomline,” said the group’s chief executive officer, Alex Kang.
“Our goal is to garner more principals and increase orders for box-build products, given our accelerating experience for timely delivery, upholding product quality, and continuing investments to upgrade our capabilities,” he added.
On prospects, the group said its financial performance for FY17 will remain positive.
ME: I KNOW LUKESHAREWALKER definitely won't walk away from Echicken. But, u got to action ... the hint side had been so clear kikiki.x
Frustrated & disappointed, posted good Q2 and the share down? Is the Right Issue really such a bad thing? Money is needed to grow the company, it's better to raise fund from investors than take more loans from banks, I just can't comprehend what people are thinking.
I have been holding it for 1 year, and have been witnessing the turn-around of this company. Results for these 2 last quarters clearly showed that they have made it successfully. If this still not enough to move it higher, what else? I'm running out of patient. Well, unless some insiders know that their recovery / turn-around will not continue into next quarter onwards, then I have nothing to argue, as I'm not insider and not well connected, I'm just an ordinary investor (not punter) which do my homework well on the stock I invested.
don't sale. buy. because eg will make a new announcement. dividen payup end of this month. 1:1. mean ,if warrant price is 0.5/ so diveden also 0.5 became rm1. wow
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chl1989
2,552 posts
Posted by chl1989 > 2017-02-24 19:04 | Report Abuse
buy more on monday. i am more convinced now with its box built business :)