EG INDUSTRIES BHD

KLSE (MYR): EG (8907)

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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 > 2017-02-27 19:24 | Report Abuse

I suspect there are pledged share from IB bank sell off to meet someone shareholder to meet their Financial tariff lor,,, once this over Echicken will start expanding its wing lor .

VenFx

14,784 posts

Posted by VenFx > 2017-02-27 19:26 | Report Abuse

Dont be Chicken out lar ...
Echicken will bring U HUAT HUAT HUAT, in mid fire rooster 2017 .

Posted by Lukesharewalker > 2017-02-27 19:36 |

Post removed.Why?

VenFx

14,784 posts

Posted by VenFx > 2017-02-27 19:44 | Report Abuse

Lukes,,, are u follow calvin tan path ?
Dont spread salt onto other's wound lar . Bad karma will come

77huat77

1,782 posts

Posted by 77huat77 > 2017-02-27 19:48 | Report Abuse

Sell la sell la after hear lukesharewalker said

Posted by henrytham77 > 2017-02-27 19:50 | Report Abuse

good time to accumulate more Eggs... kept it already 2yrs, dont mind another 2yrs..

77huat77

1,782 posts

Posted by 77huat77 > 2017-02-27 19:55 | Report Abuse

Waaaaa two year also cannot up arh this share betul cannot up lo

Posted by Lukesharewalker > 2017-02-27 20:06 | Report Abuse

Dunno who's Calvin. Just my humble opinion and doing the good deeds to save the ikan bilis

Posted by henrytham77 > 2017-02-27 20:10 | Report Abuse

who kept Eggs over 2yrs and still dare to said no profits?

VenFx

14,784 posts

Posted by VenFx > 2017-02-27 20:14 | Report Abuse

Posted by Lukesharewalker > Feb 27, 2017 08:06 PM | Report Abuse

Dunno who's Calvin. Just my humble opinion and doing the good deeds to save the ikan bilis

ME : say what u like, be sure it is fact based ; we r here to share.

Shafiq

266 posts

Posted by Shafiq > 2017-02-28 09:09 | Report Abuse

Oversold! Therefore, BUY!

ttmmww

115 posts

Posted by ttmmww > 2017-02-28 09:35 | Report Abuse

selling pressure simply too strong after rights issue announcement

lunamaya

22 posts

Posted by lunamaya > 2017-02-28 09:41 | Report Abuse

eg wc next week will uptrend back ... eg company will reject the right issue proposal, eg wc suppose jump up to 0.80sen in 2 week time. this is internal news. my brother working there as business planner. muhahaha. come sale your stock to me. I want to borong all!!!!

lunamaya

22 posts

Posted by lunamaya > 2017-02-28 09:44 | Report Abuse

right issue not to pay debt. but to expend business. this is oppurtanity. go check the history first. buy eg higher management also egg head because reject the proposal right issue. haish... now I need to buy ex stock. wait another week.. come u dumb dumb. sale to me... next week ,u buy back form me with high price. this morning I managed to buy 0.90 sen / unit. hahaha. bloody stupid .
next week only u know what is eg. the gold or the glass. haha

lunamaya

22 posts

Posted by lunamaya > 2017-02-28 09:46 | Report Abuse

calling all sohai. calling all sohai. sale your eg... hahaha. thanks to me because got brother who working inside... can now news... u can ask top management. my brother is business planner there.. hahahaha eg will keep increase.. at that time u all plastic face will cry.

Ven Felix

2,182 posts

Posted by Ven Felix > 2017-02-28 09:49 | Report Abuse

@Lunamaya, to cancell Ri not possible lar.
Increase offer price might be, considering a brighter income ahead.
Need prove lar...

77huat77

1,782 posts

Posted by 77huat77 > 2017-02-28 09:53 | Report Abuse

Ok I sell to you lunamaya

Posted by Ultrainvestor > 2017-02-28 10:00 | Report Abuse

I'm gonna let mine sleep a bit I guess. But don't sleep for too long ok :P.

lunamaya

22 posts

Posted by lunamaya > 2017-02-28 10:01 | Report Abuse

RI is just proposal, not yet DECIDED

lunamaya

22 posts

Posted by lunamaya > 2017-02-28 10:02 | Report Abuse

and the RI Proposal may reject by top management who also got lot of share.

lunamaya

22 posts

Posted by lunamaya > 2017-02-28 11:08 | Report Abuse

alamak. my brother just texting;.... RI may be implement 1st quarter 2017.. so the price for eg will down till 0.40sen.. muhahaha.. bye bye eg...

whyisme

288 posts

Posted by whyisme > 2017-02-28 11:13 | Report Abuse

RI is not good for so many times

Posted by NashRemiser > 2017-02-28 11:17 | Report Abuse

IMHO. beter sale now before its too late

Posted by Ultrainvestor > 2017-02-28 11:21 | Report Abuse

LOL more than 50% down and even further than the RI price? Ok whatever you say then.

Shafiq

266 posts

Posted by Shafiq > 2017-02-28 11:26 | Report Abuse

Lunamaya is filled with bull shit what a newbie

Shafiq

266 posts

Posted by Shafiq > 2017-02-28 11:43 | Report Abuse

What is your objective lunamaya why you want to trick and manipulate people

red_85

1,259 posts

Posted by red_85 > 2017-02-28 11:57 | Report Abuse

See..RI is a bad news. Don't stubborn pls..Many investor will exit due to this RI..Long term no body know. But short term 1-6 months surely downtrend..Why you want to buy high now? Why not wait it stable down at low price only accumulate for long term

red_85

1,259 posts

Posted by red_85 > 2017-02-28 12:02 | Report Abuse

RI won't be rejected la..Mgmt surely approve it so that they can get more cash to control in the company..Yeah, they have high share and they have to pay high RI, but left side pay, it will goes to the right side, which is the company pool which control by them..So they are happy..Only u guys who subscribed RI will be cry..

77huat77

1,782 posts

Posted by 77huat77 > 2017-02-28 12:10 | Report Abuse

Venfx how ? Sudah sell your egg arh?

Posted by NashRemiser > 2017-02-28 12:34 | Report Abuse

SALE NOW . Save your ass... eg will never hatch. price will keep dropping until 0.40sen. that is because of stupid management right issue

Posted by NashRemiser > 2017-02-28 12:37 | Report Abuse

lunamaya. some part I agree with you. RI is worst. from my experience. You hold a stock with company who issue RI .you will not able to archive the buy price anymore. sale or take the right issue to minimized the loss. anyway. loss is still loss, better loss RM1000 then RM10,000 .

AzerothJr

649 posts

Posted by AzerothJr > 2017-02-28 12:43 | Report Abuse

Yes, if you had many experience already you will know RI is never a good thing. BI is a good thing this is basic investopedia. Then not to mention the uncertainty after RI if there is growth or not. You like kah your ID guy collect money from you first to renovate your house before you see anything being done yet. This is collect money forst do later ler. Got reputable still ok if after collect money no result who guarantee? you think EG pay your back your RI kah? This is just basic investment only.
Don't so trust what sifu sifu sometimes. Trust money in your own pocket.

Vin Chuah

843 posts

Posted by Vin Chuah > 2017-02-28 12:53 | Report Abuse

drop is drop!

chl1989

2,552 posts

Posted by chl1989 > 2017-02-28 12:55 | Report Abuse

this is a turning around company. debt is high; cash flow is lumpy. thats why high risk. but if they really make it happen, your return of investment will be high. high risk high return. depends on how much risk you are willing to take. as simple as that :)

VenFx

14,784 posts

Posted by VenFx > 2017-02-28 12:56 | Report Abuse

Me ... dumb dumb hold lor .

chl1989

2,552 posts

Posted by chl1989 > 2017-02-28 12:57 | Report Abuse

as long as they are able to sustain 7mil np a quarter, i will still hold.

Posted by NashRemiser > 2017-02-28 13:36 | Report Abuse

u buy last week.0.95 next 2 week became 0.50sen and it will never climbing up again to 0.90. because of Right issue. u understand what is right issue first and see the trend of all counter who previously offer RI. this is base on my 15years as remiser,

to be frank ,.just sale now. minimize your loss. if you want to keep.up to you,

VenFx

14,784 posts

Posted by VenFx > 2017-02-28 13:44 | Report Abuse

What i do know, Bad karma is coming for those who trying to satisfy their own purposes through tweaking facts.

77huat77

1,782 posts

Posted by 77huat77 > 2017-02-28 13:56 | Report Abuse

haihzzzz
now drop until my face green green
Don't know want to sell or not but venfx is very confirmed on this stock

Posted by NashRemiser > 2017-02-28 14:05 | Report Abuse

venfx confirm without proof. He trying to denied the fact. keep on dreaming. you can hope its is uptrend by looking to quarterly report. if company not issue RI. but now. egg already propose it will issue RI in first quarter 2017. and the price will only be finalized base on the price at the lunching date...

Posted by NashRemiser > 2017-02-28 14:06 | Report Abuse

tweaking fact or you just want to save your ass venfx. you keep dreaming that sooner stock price will climb up again and you can sale at your cost price.....

VenFx

14,784 posts

Posted by VenFx > 2017-02-28 14:07 | Report Abuse

I do agree to trim or add position accordingly to broaden market .
As we know most speculators would try to take advantages from the trading range of the klci from 1680 -1730 .

A better command is dont utilise over 70% of your margin account limit.

VenFx

14,784 posts

Posted by VenFx > 2017-02-28 14:12 | Report Abuse

Sorry,I really dont see u got such an angel hearth as your claim to save Eg shareholders here.
Matter of fact, i'm doubt your attention while u are tweaking or rather to scare the readers here.

So, pls help yourselve.

VenFx

14,784 posts

Posted by VenFx > 2017-02-28 14:14 | Report Abuse

If u are genuine, show us your calculation, on how this dilution has been terribly disolved in big way ?

Juz show it to us ...

VenFx

14,784 posts

Posted by VenFx > 2017-02-28 14:14 | Report Abuse

Not juz talk with co*k

Posted by miss_secret > 2017-02-28 14:15 | Report Abuse

If u are genuine, show us your calculation, on how this dilution has been terribly disolved in big way ?

Juz show it to us ... +1 like

77huat77

1,782 posts

Posted by 77huat77 > 2017-02-28 14:18 | Report Abuse

If u are genuine, show us your calculation, on how this dilution has been terribly disolved in big way ?

Juz show it to us ... +2 like

kent98

136 posts

Posted by kent98 > 2017-02-28 15:03 | Report Abuse

Inari did RI in 2013 and 2015 to raise fund for expansion as well, this can be found in Bursa announcement. I personally subscribed for the 2015 RI. Company need money to fund growth and expansion, raise fund from investors is definitely better (as it is cheaper) than take loans from banks. Do look at this whole RI episode objectively, so far EG management has delivered what they said (more biz in box-build, increase profit margin) since last RI. During Inari RI, I don't remember seeing their share being dumped this bad, but why EG RI create such a huge negative sentiment? Something to ponder ...

Sure got risk, but as long as you trust that the company will use the money raise from RI efficiently to grow the biz, then current selldown is a good chance for investors (not punters) to accumulate more EG shares, taking advantage of the negative sentiment looming now.

I’m not asking anyone to buy or sell or hold, just to share my thoughts, hope this will benefits all.

Posted by henrytham77 > 2017-02-28 15:10 | Report Abuse

If u are genuine, show us your calculation, on how this dilution has been terribly disolved in big way ?

Juz show it to us ... +3 like

AzerothJr

649 posts

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

What calculations you need? You think everything can so easily calculated like maths? If that is true then share price would not fluctuate anymore rather all move in fixed box because everybody wanted to sell at calculated value.
This is mathematicians talk not investor talk if you are so into specifics. Ask yourself how much you already lost since knowing the RI but still didn't let it go. Now probably too late for you to let go, or maybe its just halfway there only but all is just paper lost if you didn't sell.
But some people like to earn many many rounds then they sell and buy back later at cheaper price and earn again. Or they short the price also they earn. Or they sell on news and buy back on rumors. But earning report also out already maybe they don't like and compound the issue further.
Those that wanted to chao already chao cause they don't like RI whats more to calculate, calculate panic selling price or technical rebound price for you?

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