Posted by lunamaya > 2017-02-27 12:57 | Report Abuse

wait another 1 week more. eg price will go sky high. rm1.50!!!

Posted by lunamaya > 2017-02-27 12:58 | Report Abuse

u see now im placing 699,900unit. see who stupid want to sale to me

Posted by Mini Bull > 2017-02-27 13:04 | Report Abuse

RI call because no cash flow, dividend ?(day dreaming)

Posted by Lukesharewalker > 2017-02-27 13:07 | Report Abuse

Lol

Posted by Mini Bull > 2017-02-27 13:12 | Report Abuse

logically the share price wont up, if up all investors who dont want RI have chance to sell to avoid RI

Posted by Lukesharewalker > 2017-02-27 13:13 | Report Abuse

Run while you can....

Posted by Woo John > 2017-02-27 13:31 | Report Abuse

sorry i won't be selling mine

Posted by 77huat77 > 2017-02-27 13:40 | Report Abuse

RI recall back my mind same goes to Gadang
Stagnant 6month then shoot up to high level!
So those haven't buy don't buy
Those bought just wait until it drop to deep sea!
Camry can become Kancil soon

Posted by chl1989 > 2017-02-27 14:10 | Report Abuse

who is going to buy if share price < ri price? haha

Posted by chl1989 > 2017-02-27 14:10 | Report Abuse

unless their operators push it up lah :)

Posted by Mini Bull > 2017-02-27 14:43 | Report Abuse

price will below 0.90 soon

Posted by red_85 > 2017-02-27 14:45 | Report Abuse

bad right issue news

Posted by Erudite > 2017-02-27 14:45 | Report Abuse

its ok, let the talkers talk. Time will tell. Dont have to argue

Posted by lunamaya > 2017-02-27 14:46 | Report Abuse

kakkakakakh I got mine. now I drag down price again 0.80 sen who want to sale. sale to me... I will just sale all my stock next week monday when TP RM1.20. kah kah,,

Posted by lunamaya > 2017-02-27 14:48 | Report Abuse

stupid dumb investor who buy this stock but we can control their mind. I with a bunch of my friend stock alliance consist of 5k people control the market. kah kah kah....

Posted by lunamaya > 2017-02-27 14:49 | Report Abuse

we will not reveal our true identity

Posted by lunamaya > 2017-02-27 14:49 | Report Abuse

just sale all your eg and eg-wc now.. sale to me.. next week u buy back, hahaha

Posted by zhangliang > 2017-02-27 14:51 | Report Abuse

Agree. Once the selling abates, time to move up. Patience guys!

Posted by Mini Bull > 2017-02-27 14:53 | Report Abuse

yes, time will tell who is correct

Posted by chl1989 > 2017-02-27 15:40 | Report Abuse

holding firm dumb dumb

Posted by Alex Chan > 2017-02-27 15:40 | Report Abuse

This Luke chap seems quite good

Posted by Alex Chan > 2017-02-27 15:43 | Report Abuse

Not much buying support after 89

Posted by Hippo > 2017-02-27 15:52 | Report Abuse

Blood everywhere.

Posted by Vin Chuah > 2017-02-27 15:53 | Report Abuse

not steady at 0935

Posted by lwyy60 > 2017-02-27 15:54 | Report Abuse

Truth or not, u just search around stock with RI, believe me, RI can be good to company but bad to investor. Using public fund to pair down debt or raise new project. Usually share price will dilute after RI. Usually price will drop ist and raise near RI date. Long term should be ok if managenent use it on right direction. Dont try to earn on this RI news but long term effect.

Posted by Vin Chuah > 2017-02-27 15:57 | Report Abuse

back to previous price,cant maintain..

Posted by Alex Chan > 2017-02-27 16:05 | Report Abuse

Its the dilution of Eps without incoming new business.
Also shows incompetence of management as not to announce RI with results.
Not much confidence in management

Posted by Alex Chan > 2017-02-27 16:08 | Report Abuse

Not to mention one RI after another.
Let's put it simply Eps is not going to grow 2017

Posted by Alex Chan > 2017-02-27 16:08 | Report Abuse

After RI

Posted by calvintaneng > 2017-02-27 16:08 | Report Abuse

WAHAHA!

ALL HAVE BEEN TRICKED WHEN COMPANY PUMPED UP BY ASSET REVALUATION!

Beter sell EG fast fast or else

EG or EGG?

Or else you will be eating egg only all your life!! No more meat or fish

Only Egg. Huhuhu!

Posted by 77huat77 > 2017-02-27 16:09 | Report Abuse

Calvin tan well said.
Dutaland is the best

Posted by Mini Bull > 2017-02-27 16:12 | Report Abuse

Calvin Tan bring us to Holland free

Posted by Investor 9999 > 2017-02-27 16:19 | Report Abuse

Sales for 1H is RM494.4M (2016 1H RM399M). The trade and other debtors at 31 Dec 2016 is RM308.1M ( 30 June 2016 RM273.2 M)

My analysis from 2016 Annual report trade debtors at 30 June 2016 was RM RM223M and other debtprs RM50M.) With a sales of RM712.6 million, the debtor turnover or credit period was 3.76 months or 114 days.

Similary in FY 2015 at 30 June 2016, trade debtors and other debtors amounted to RM 162.6M. The trade debtor at 30 June 2015 was RM144.4M. With a FY 2015 sales of RM636M, the debtors turnover or credit period was 2.72 months or 83 days.

In the Q2 announcement, 6 months sales to 31 Dec 2016 was RM494M. The debtors turnover would be 3.74 months or 113 days.

The Company is dealing with multinational and international trade credit period cannot be that long. something is fishy going on can somebody enlightened me. It looks like another Englotech that went bust in the making of jacking up dummy sales and went bust. Collections of Company is slowing down.

Posted by Investor 9999 > 2017-02-27 16:20 | Report Abuse

Becareful with your investment????

Posted by Alex Chan > 2017-02-27 16:21 | Report Abuse

Exactly either goods rejected or client can't pay or move product after contracting manufacturing

Posted by Vin Chuah > 2017-02-27 16:29 | Report Abuse

gosh! lao sai

Posted by kent98 > 2017-02-27 16:33 | Report Abuse

@Investor 9999, how do you get the debtor turnover or credit period? Does not seems to mention in the quarterly financial report. Just curious, and wish to learn.

Posted by kent98 > 2017-02-27 17:17 | Report Abuse

OK, I saw there is aging reports in 2016 A.N. Report, but I still don't get it how to calculate it to "3.76 months or 114 days". Also, in this current Q2 report, there is no aging report at all, how to get the number to be "3.74 months or 113 day"?

Posted by Lukesharewalker > 2017-02-27 17:21 | Report Abuse

88 next..
Then 86 ...
Then 82

Posted by chl1989 > 2017-02-27 17:29 | Report Abuse

business good also scared. business bad also scared. put into fd lah. haha

Posted by 77huat77 > 2017-02-27 17:41 | Report Abuse

Yalo hahaha sozai

Posted by Alley83 > 2017-02-27 17:48 | Report Abuse

Good timing to enter?

Posted by huiyi > 2017-02-27 18:23 | Report Abuse

kent98 OK, I saw there is aging reports in 2016 A.N. Report, but I still don't get it how to calculate it to "3.76 months or 114 days". Also, in this current Q2 report, there is no aging report at all, how to get the number to be "3.74 months or 113 day"?
----
debtor days = (account receivable / sale) x 365days = (308184 / 494407) x 365/2 = 113.8 days

inventory days = 47.5 days
acc payable days = 66.8 days?
working capital days = 113.8 + 47.5 - 66.8 = 94.5 days
working capital that required to run the business = 94.5/494407 x 365/2 = 128004 ???
But cash and bank balances = 49642 < 128004 ! that's y need RI to get money???

Posted by Lukesharewalker > 2017-02-27 18:50 | Report Abuse

Suspect ballooning of trade debtors and cash flow problems due to client cannot pay maybe due to product not selling well.
Had not raise provision for BD to make accounts look good.
Red flags

Posted by huiyi > 2017-02-27 18:53 | Report Abuse

damm. just add today, after calculate, should sell.

Posted by VenFx > 2017-02-27 19:11 | Report Abuse

haiyo,,, Echicken has juz merely cross their half pass line and planning to climb up the rank.
has the results qtr maintained ?

1.any 1 time gain / exceptional item compared to previous yr qtr ? No, Echicken did well indeed .

2.why not give this baby 6-12 mths time to climb up ler ...

3.huiyi, i dont know what is your calculation ? My calculation : $1000 mil revenue x 3.2% net profit ; devide with 211.3 mil share x 10p.e. = $1.51 fair value .
Not to mention my Echicken -wc ... $$$$ $$$$ xp

Posted by VenFx > 2017-02-27 19:15 | Report Abuse

Rating of $1.59
https://online.capitalcube.com/#!/stock/my/malaysia/8907/summary

Still in doubt ?

Btw, if u are contra player, sure mati lor .
Look for Moving average 60 D @ $ 0.875 lor :D

Posted by VenFx > 2017-02-27 19:17 | Report Abuse

No secret already Echicken is constrained by the current level of debt ; thats why need your $$$ lor.

Posted by 77huat77 > 2017-02-27 19:20 | Report Abuse

Why you can wait three year to get your keh of your new condo and can't wait for the stock to double up your capital
By Cold Eye

Posted by VenFx > 2017-02-27 19:21 | Report Abuse

Borrowing paid will make gain for interest saving $500K annually ma, the rest go to cacth more international contract ; whereas u need talents / design / hard facilities / materials cost ...