Choices as an investor, if the company need RM50m for expansion, you would like it to:
Option 1: Take loan from bank which leads to huge interest payment down the road. Or Option 2: Raise fund from investors thru RI which will dilute EPS?
zhikein.. not a problem you say? RI not a problem? now the price is 0.90 sen. tomorrow become 0.8sen and so on until it reach 40sen. mark my word... after 1 week you look back here again
All the sifu here, why EG will reach 0.40? price should at 0.95 than only attractive for the RI ? Kindly tell us to sell or to hold bcos we are newbi here. Tq
Actually, i wanted to be quiet on EG until it rebounds itself to silence the naysayers. However, the level of nonsensical comments is so bewildering i found it hard to believe how ignorant people who does not even have the slightest ability and aptitude to analyse a stock and financial report share their wrong view with so much conviction. EG just delivered a RECORD results. The share price is worth more than RM1. PE ratio is only below 8x. Revenue + Profit improve so much. While EG is good, they have 2 weakness, 1 - no dividend 2- rights issue. It would be awesome, if the company can declare dividend + expand with own funds. But that is what growth stock is. You need funds to grow fast so you issue the rights.Market operators dont like rights they sell off cause they dont want to take out additional money to buy the rights issue. MBSB issue rights, fell to 78 sens then rebounded today. Clearly, the share price is falling due to overall market falling. Nothing to do with the naysayers comments. So dont think for a moment it is because you naysayers are right. At least the company is using rights issue to expand the company and not to pay off bad debts. Look at big picture and long term. Not through a narrow tunnel vision. I said my piece. Let the share price show.
RI really worst. bad news. why eg announce proposal RI at the top.. now will drop and hopefully next year recover back. but by looking to eg management trend. they seems like to announce RI every year. so my comment is no life with eg. better out
Agree fully! Dont talk nonsense, show us the calculation man...shout shout shout like crazy person for what. Calculate the dilution then let us know. Well said Erudite!
No eye see this stock again. Cut loss & Run. Go to other stock. The boss has no brain or has other motive behind. Keep asking $ fr shareholders & never give dividend. Pergi lah. #$@@,*
There is no right or wrong in investment. Its your own decision, its your own money gain / loss. You think its cheap then drop buy more. You think its not worthy to fork out additional money for someone renovations plan then sell and go away, can come back when you see the stock recovering later. End of the day people only want to see profit in their account not hope of the stock recovering and end up with huge paper loss figure, which invester like to see huge paper loss amount. If you think it got a value of 0.95 with the RI then go ahead buy more, now 0.87 - 0.89 still don't want buy then you must be crazy.
my tp for eg 0.60. keep dropping because of RI. after reach the base 0.50-0.6 I will buy. my estimate.it will reach 0.60 in this near time. 3week time. because end of april RI will be release.. in report say RI implement in 1st quarter.
will not reach 0.90sen. even after reach will go down back again... look line syndicate want to let ppl think eg is worth. but they play smart. later when they secure their modal back. they will let go this counter... remember guys.. RI is worst.. better secure before too late. sale your eg stock. tomorrow Im peredict. price will going down...
Please use ur brain when u talk can ar? U are the only one who know what is rights issue isit? U only know how to evaluate SMA, RSI, MACD? So ridiculous. Talk that time use logic la. If not dont talk. Dont even create an ID to share ur useless comments la.
damn sohai, rsi macd Fibonacci etc come with probability. there is no 100% in share market. even if u combine ta, fa & insider news, there is no 100% guaranty that you will win. :)
Say, revenue from hair dryer is $700.00 x 500,000 units x 5% net profit ; this 'Electronic Consumer' itself will contribute significantly of Rm 17.5 mil per year . It is still increasingly $$$"
I guess EG staffs is now working in full swing to make sure the order to be ship out on time. Net income contributed from this segment only ,sure more than $17.5 mil .
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....
kent98
136 posts
Posted by kent98 > 2017-02-28 15:24 | Report Abuse
Choices as an investor, if the company need RM50m for expansion, you would like it to:
Option 1: Take loan from bank which leads to huge interest payment down the road.
Or
Option 2: Raise fund from investors thru RI which will dilute EPS?