EG INDUSTRIES BHD

KLSE (MYR): EG (8907)

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Last Price

1.84

Today's Change

0.00 (0.00%)

Day's Change

1.84 - 1.84

Trading Volume

2,200


22 people like this.

13,918 comment(s). Last comment by AzlanIshtiqal 4 weeks ago

Posted by Fly_universe > 2017-05-16 21:54 | Report Abuse

Besides Tramigo, let's take a look at how another client of EG - Shortcut Lab, is doing.

From the recent study from a website, it appears that Shortcut Lab has attained explosive growth (top 5 in the ranking), the revenue has increased nearly 4000% from 2015 to 2016.

https://medium.com/@nordictechlist/revving-up-revenue-baaa4afec31f

Going into 2017, Shortcut Lab has launched Flic Single, and now a new product (Flic Hub) is also on the way. This is a Flic that is connected through a hub, no longer dependent only on handphone's bluetoooth.

http://hub.flic.io/

Let's see how this development bode for EG.

VenFx

14,784 posts

Posted by VenFx > 2017-05-17 01:14 | Report Abuse

DONT BE SCARE
open eyes, everyone
0.855 is very good bargain for a main board global EMS player.
Imagine Vis @$0.365 starting 2017 is now 0.760 .

WHAT ARE U WAITING FOR $$$

Posted by OptimusCallMeBaba > 2017-05-17 01:16 | Report Abuse

Aiya, when everybody run, this stock wrongly drive reserve gear

VenFx

14,784 posts

Posted by VenFx > 2017-05-17 01:41 | Report Abuse

Today's 0.855, shall become 0.728 (ex-Right Issue)

Doesn't it seem ridiculous cheap ?
As it is lower than ViS 0.760 .

EMS will be like Hot Cake in 2nd H 2017 ...with increasingly demanding for consumers electronic contracts from Europe & China.
By checking out how good our ATE equipment & solution providers has experiencing robust earning for the past 1 year ... guess who bought the most of ATE products or service ?
It's EMS and Semicon industry players dude.

Million78

292 posts

Posted by Million78 > 2017-05-17 10:44 | Report Abuse

good^^

stockworm

89 posts

Posted by stockworm > 2017-05-17 12:04 | Report Abuse

Smart investors know what to do and please do not act like experts to give useless view for this counter. Most investors know the problem of this company.

moneykj

6,141 posts

Posted by moneykj > 2017-05-17 16:58 | Report Abuse

Ven bro, this counter a lot of hantu's kacau2. Same like Vis when the price at 0.35.

moneykj

6,141 posts

Posted by moneykj > 2017-05-17 17:01 | Report Abuse

Actually not a bad sign at all.

Million78

292 posts

Posted by Million78 > 2017-05-17 17:36 | Report Abuse

ya better keep quiet else , sifu venfx will be bashed by stockworm haha

Takashi

296 posts

Posted by Takashi > 2017-05-18 11:13 | Report Abuse

Ok...

Gen2

253 posts

Posted by Gen2 > 2017-05-18 13:40 | Report Abuse

.
VenFx :
I'm quite worrying on their ballooning trade receivable, can you enlighten me ?
.

Gen2

253 posts

Posted by Gen2 > 2017-05-18 15:45 | Report Abuse

.
VenFx :
Thanks for your long explanation to how EG has taken measure on their financial standpoint.
But still, it is not pleasant as you didn't explane about their ballooning trade receivable. I'm comparing it with Penta and found no increase in their receivable despite a strong growth year after year, whereas EG has to ease their cash flow through R.I. , last two years, and again now.
I'm not in the semiconductor industry and I have no clue as how does the payment terms in this sector...
.

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-18 17:30 | Report Abuse

Good question Gen2. I think this is an issue that management should work it out to solve their operation cash flow problem.

Else, the price can't move. But that being said if this issue can improved i believe it will fly. Look at penta omg

Gen2

253 posts

Posted by Gen2 > 2017-05-18 18:00 | Report Abuse

.
Exactly Cimbnet!
Penta is the reason why I bought into EG as they are the same in semiconductor, but only found later their trade receivable is ballooning and this is something worrying. Nevertheless I see they have managed well with the turnaround plan, hopefully they have commitment to improve their payment collection so don't need to raise rcps...
.

musangfoxking

3,605 posts

Posted by musangfoxking > 2017-05-18 19:56 | Report Abuse

n dont forget VS anak!!!! it will spurt out, wetting the whole sky including ur pantees!!! kikikikiki!!!

Gen2

253 posts

Posted by Gen2 > 2017-05-18 20:17 | Report Abuse

.
VenFx:
Thanks for further comment.
Looks like we have to guess and hope their receivable level could be further strengthened.
.

adikabang

40 posts

Posted by adikabang > 2017-05-18 20:56 | Report Abuse

OMG!!! in stocks, u dont hope!!!! u must make sure!!!! the way u speak sound like u have lost ur pants here!!!!

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-18 23:05 | Report Abuse

Thanks Venfx sifu
No doubt there are uncertainties but im staying with Eg as long as possible.

Overall pros more than cons.
有成长不要卖!

VenFx

14,784 posts

Posted by VenFx > 2017-05-18 23:37 | Report Abuse

U are wlcn Cimbnet... pls do share your view here.
If u hv any ..tq

Gen2

253 posts

Posted by Gen2 > 2017-05-19 09:20 | Report Abuse

.
Thanks VenFx, Thanks Cimbnet.
.

VenFx

14,784 posts

Posted by VenFx > 2017-05-19 09:56 | Report Abuse

U r wlcn, Gen2 .

stockworm

89 posts

Posted by stockworm > 2017-05-19 10:44 | Report Abuse

But full of rotten eggs.

Imstupid

180 posts

Posted by Imstupid > 2017-05-19 15:34 | Report Abuse

hahaha

Cyril

849 posts

Posted by Cyril > 2017-05-19 15:44 | Report Abuse

wah venfx ur telur masin finally wan move

Cyril

849 posts

Posted by Cyril > 2017-05-19 15:51 | Report Abuse

hope the parent float above 0.90 bought this when company ann propose right issue drop

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-19 16:45 | Report Abuse

Malaysian industrial production “was resilient in Q1, with the manufacturing sector growing 5.6% year-on-year versus 5% in Q4, on the back of robust demand for electronics,” the bank said.

March exports surged 24.1% from a year earlier, slowing just slightly from the 26.5% pace set the previous month and almost double the 13.6% expansion in January.

musangfoxking

3,605 posts

Posted by musangfoxking > 2017-05-19 21:19 | Report Abuse

musangfoxking n dont forget VS anak!!!! it will spurt out, wetting the whole sky including ur pantees!!! kikikikiki!!!
18/05/2017 19:56
==============================================================================
i told to buy VS anak!!! if u bot, ur pantee sure wet wet!!! that's the enjoyment u get!! kikikikikikiki

ooi8888

1,650 posts

Posted by ooi8888 > 2017-05-19 21:21 | Report Abuse

bro musangfoxking, I know VS anak made you climax already, haha.

musangfoxking

3,605 posts

Posted by musangfoxking > 2017-05-19 21:36 | Report Abuse

i keep on changing my wet wet pantees in my pretty lady which i bot at 1.01!!!! kikikiki

Takashi

296 posts

Posted by Takashi > 2017-05-20 04:50 | Report Abuse

Finally up a bit

VenFx

14,784 posts

Posted by VenFx > 2017-05-20 19:24 | Report Abuse

EMS has mildly buying interest over last week ... amongths the EMS are
eg. GUH/COMel/LCTH/DENKO/SKP/VS (closed Green) ; while Pie/Geshen (closed Red) .

VenFx

14,784 posts

Posted by VenFx > 2017-05-20 22:34 | Report Abuse

Today's EMS industry ?

Electronics manufacturing services (EMS) is a term used for companies that test, manufacture, distribute, and provide return/repair services for electronic components and assemblies for original equipment manufacturers (OEMs). The concept is also referred to as electronics contract manufacturing (ECM).

https://www.ventureoutsource.com/contract-manufacturing/information-center/terms-and-definitions

VenFx

14,784 posts

Posted by VenFx > 2017-05-20 23:31 | Report Abuse

The major factor driving the growth of 'electronic contract manufacturing and design services' market is the [ need for resource optimization ] .

http://www.persistencemarketresearch.com/market-research/electronic-contract-manufacturing-design-services-market.asp

VenFx

14,784 posts

Posted by VenFx > 2017-05-21 14:24 | Report Abuse

Nowadays, Electronic Manufacturing Desperately Need Ems who is COMPETENTLY & EFFICIENTLY : 
Yet, they are threats & opportunities everywhere for ems. 

Carefully read the Challenges lying at below especially phrase # 6 , then you will have better understanding of which direction of Ems is going on . 
https://www.pannam.com/blog/top-trends-and-challenges-in-electronics-manufacturing/

VenFx

14,784 posts

Posted by VenFx > 2017-05-21 14:28 | Report Abuse

Its crucially for EG to carefully evaluate their clientèle for the products portfolio, in order to best align to Eg strategy and inventory need.

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-21 16:09 | Report Abuse

Meanwhile, business services grew at 8.4% due to a favourable momentum in professional activities.

The department said manufacturing sector rose to 5.6%, a faster pace than 4.7% in the previous quarter, spearheaded by electrical, electronic & optical products (7.9%), mainly in production of printed circuit boards and semiconductors.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-21 21:24 | Report Abuse

EMS for computer peripherals and consumer electronic/electrical products...does not sound sexy, that is why.

.com era without .com

VenFx

14,784 posts

Posted by VenFx > 2017-05-21 21:39 | Report Abuse

International Key players in electronic contract manufacturing and design services (YTD)

http://www.google.co.uk/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1495373517538&chddm=100&chddi=604800&chls=CandleStick&cmpto=OTCMKTS:HNHPF;OTCMKTS:FXCOF;NASDAQ:FLEX;NYSE:JBL;NYSE:CLS&cmptdms=1;1;1;1;1&q=KLSE:EG&ntsp=1&ei=WpMhWeGbFomc0ATivpygBQ

(Asia)
HON HAI PRECISION IND. .. + 38.60%
FLEXTRONICS INT. ............ + 14.89%

(Usa)
JABIL CIRCUIT................... .+ 20.73%
CELESTICA ....................... + 15.85%

VenFx

14,784 posts

Posted by VenFx > 2017-05-21 21:53 | Report Abuse

Comparison for Local EMS players (YTD)

http://www.google.co.uk/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1495372460266&chddm=33212&chddi=604800&chls=CandleStick&cmpto=KLSE:DENKO;KLSE:PIE;KLSE:COMCORP;KLSE:GESHEN;KLSE:VS&cmptdms=0;0;0;0;0&q=KLSE:EG&&fct=big&ei=pJIhWdnrGJmW0wT96ZG4DA

VSi ....................... + 44.67%
GESHEN .................... + 42.21%
COMCORP ................... + 20.26%
PIE ....................... + 41.67%
DENKO ..................... + 197.62%
EG .........................+ 2.33%

Remarks : As u may noticed, by comparing the 2 sets of the EMS key players ... Asia & Local EMS player's share prices has been showing better performance over the international players.

Facts are, Asia EMS players has much advantages in providing competetive products and excellent services to their global clienteles.

VenFx

14,784 posts

Posted by VenFx > 2017-05-21 22:02 | Report Abuse

江邦建认为,海外客户合约虽未颁发,但客户有意到工厂进行审核工作,合约到手只是迟早的事。
拟设第三间工厂.

他表示,在物联网商机下,发展空间甚大,摄像机的镜头就是其中一个公司物色中的产品。
“以汽车为例,普通汽车只安装4个镜头,但在自动驾驶(Driverless Car)前提下,汽车最少需要16个镜头,感应度才会更强,才能提高自动驾驶的功能。”

http://klse.i3investor.com/blogs/sinchew_company_story/120230.jsp

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-21 22:23 | Report Abuse

ven

actually I like your conviction...You have the making of a KYY...and just like JHDM.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-21 23:42 | Report Abuse

who benefits from launch of iphone 8? someone posted about AEMULUS, someone mentioned Elsoft....what else?

Albukhary

3,001 posts

Posted by Albukhary > 2017-05-22 00:06 | Report Abuse

Tomorrow EG will up up again

jen188

193 posts

Posted by jen188 > 2017-05-22 14:52 | Report Abuse

big shark eating. XD. Good

Cyril

849 posts

Posted by Cyril > 2017-05-22 15:00 | Report Abuse

wah suddenly so explosive... 5 more cent to my entry price

jen188

193 posts

Posted by jen188 > 2017-05-22 15:02 | Report Abuse

Wah 0.91 hahaha. By end of May can reach 1.00. then ri. Good

damontee

125 posts

Posted by damontee > 2017-05-22 15:09 | Report Abuse

lai liao lai liao

Million78

292 posts

Posted by Million78 > 2017-05-22 15:19 | Report Abuse

good^^ go 0.95 & 1

damontee

125 posts

Posted by damontee > 2017-05-22 15:20 | Report Abuse

probably good qr report. sharks keep buying

jen188

193 posts

Posted by jen188 > 2017-05-22 15:39 | Report Abuse

Droping again

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