Posted by ChasingDreamz > 2017-05-29 22:03 | Report Abuse

me only break even in EG. Haishh

Posted by birkincollector > 2017-05-29 22:06 | Report Abuse

super frustrated with this EGG. Not too late to buy only when it breaks out.

Posted by Lukesharewalker > 2017-05-29 23:11 | Report Abuse

If ever
..

Posted by mililia > 2017-05-30 00:01 | Report Abuse

The weakness in share price has nothing to do with QR. The problem is with the right issue. If anyone read the circular properly, you'll realized that the right issue is screw updated​ and misleading. The discount after the ex price is misleading and I'm pretty sure management will not barge on lower right price since this is a RCPS, so that's constant. The only variable is the share price which will lead to attractiveness of the

Posted by mililia > 2017-05-30 00:07 | Report Abuse

corporate exercise is the share price. This corporate exercise is not worth looking at until it is lower than 85c. If you buy anything above that, you are actually volunteering yourself to be screw by management. Remember this deal has no warrant. The bonus is just a gimmick and mean nothing to us above 85c. That's my 2c worth.

Posted by mililia > 2017-05-30 00:18 | Report Abuse

corporate exercise. Anything above 85c is like volunteering yourself to be screw by the company because the bonus issue come with subscription of the RCPS is useless. Bear in mind this RI doesn't come with warrants. They claim bonus issue is a reward but it's a gimmick above 85c assuming they won't adjust the RCPS price. And they won't lower it. Period.

Posted by mililia > 2017-05-30 00:21 | Report Abuse

Adjusting down on RCPS means they get less money but pay higher coupon rate to investor. So I'm pretty sure they won't barge. This corporate exercise create an overhang to the company. Stay away until it's over even it's below 85c. That's my 2 cent.

Posted by mililia > 2017-05-30 01:40 | Report Abuse

VenFX: When did I talk about adjustment? And you should know what it means by indicative right? It means not cast on stone yet. Take the 5D VWAP price in circular mutiply by 4 000 units plus RM950 for rights and divided by 6000 units. Take the final figure and compare to TERP and tell me you are not screwed by management. Screwed means no real incentive to subscribe.

Posted by mililia > 2017-05-30 01:42 | Report Abuse

I shall not elaborate further. Up to market to decide what's the price of EG before this corporate exercise is over.

Posted by klee > 2017-05-30 10:04 | Report Abuse

As me said months ago,this is rotten egg.Btw why no more singing?LOL

Posted by klee > 2017-05-30 10:35 | Report Abuse

Sing your rotten egg song first dude.

Posted by klee > 2017-05-30 10:36 | Report Abuse

common dun be shy..LOLL

Posted by klee > 2017-05-30 10:41 | Report Abuse

u won anything?sour grape?u need see doc LOLLL

Posted by klee > 2017-05-30 10:45 | Report Abuse

can see your singing is better than your stock pick...LOLLLLLL

Posted by klee > 2017-05-30 10:46 | Report Abuse

go be singer better...rotten egg pls fly....pls pls flyyyyyyy

Posted by ChasingDreamz > 2017-05-30 10:47 | Report Abuse

whatever lah. Until qutever exercise is done, im staying away from entering EG. i like how they r switching their products into higher margin but the corporate excercise if fckd up. Stop askin us for money, go ask banks. Wan free-interest money izit?. u guys gave em before. Now want some more?.

Posted by klee > 2017-05-30 11:00 | Report Abuse

Cannot make money loser now resort to name calling...so low class...LOLLLLL

Posted by klee > 2017-05-30 11:09 |

Post removed.Why?

Posted by klee > 2017-05-30 11:13 | Report Abuse

There are 1000 stocks in bursa,why shud me waste time on a rotten egg.Feel so sorry for your ignorance.Go pray you can survive in bursa.

Posted by VenFx > 2017-05-30 11:14 | Report Abuse

Hahaha, most my bros here know what's my results here.
Need no for me to Shout here.
Thks for your concern.

Posted by klee > 2017-05-30 11:17 | Report Abuse

Yes,your best result is an egg..somemore a rotten one...hahahaha...bye

Posted by Cimbnet > 2017-05-30 12:19 | Report Abuse

Support u Venfx sifu. No need waste time to argue. We know the value

Posted by lostwayinvestor > 2017-05-30 12:24 | Report Abuse

Be honest..this company manage style is aggressive style as managed by young management team..may be need few year only can bear the fruit..what i like is their key customer which is very good pontential and innovative..iot is next sector to be focused..eg will be benefit from this..

Posted by 778899 > 2017-05-30 12:47 | Report Abuse

support venfx sifu, but overall market sentiment bad.....

Posted by Jen388 > 2017-05-30 20:02 | Report Abuse

When result coming out. Tommorow? last day of the month

Posted by Lukesharewalker > 2017-05-30 20:26 | Report Abuse

Last day announcement doesn't look good

Posted by Lukesharewalker > 2017-05-31 10:16 | Report Abuse

Could be a loss QR

Posted by Lukesharewalker > 2017-05-31 11:26 | Report Abuse

If loss, explains the non movement for so long

Posted by optimusprimeXV > 2017-05-31 12:44 | Report Abuse

wait for a superb QR

Posted by fortuneebullz > 2017-05-31 13:52 | Report Abuse

Lukesharewalker. surrounded by bad karma!!! hope only him, not famili!

Posted by posby > 2017-05-31 14:53 | Report Abuse

almost every company edi announce QR...left this EG...dunno is good or bad... 1.06 (1st of june will go 1.06)??? hahhaa

Posted by stockworm > 2017-05-31 15:11 | Report Abuse

Those who want to get low price for this counter just wait and the share price will go down around 0.80 by looking at the latest market sentiments.

Posted by posby > 2017-05-31 16:00 | Report Abuse

sell in MAY go away...Seem end today....Tomolo new start...btw today market buy rate is highest for entire last week till today...buyer is coming back??

Posted by optimusprimeXV > 2017-05-31 16:01 | Report Abuse

EG targets 1B revenue

Posted by Jen388 > 2017-05-31 17:42 | Report Abuse

Not going to come out today? q result. haiz

Posted by optimusprimeXV > 2017-05-31 17:44 | Report Abuse

good thing come last

Posted by posby > 2017-05-31 18:13 | Report Abuse

yes... 1 b revenue onli can issue call warrant..

Posted by Cimbnet > 2017-05-31 18:16 | Report Abuse

Today must out right?

Posted by Vivian Hee > 2017-05-31 18:46 | Report Abuse

EG Industries 3Q17 net profit jumps 25.8% to
RM5.3 million
 9M17 net profit increases 37.7% to RM20.0 million on 35.3% higher
revenue of RM747.5 million
 Strong order flow despite the tough competitive environment
Sungai Petani, Kedah, Malaysia, 31 May 2017 – Electronic Manufacturing Services (EMS)
provider EG Industries Berhad (EG Industries; EG 工业; Bloomberg: EG:MK;
Reuters: EGCM.KL) saw net profit for the third quarter ended 31 March 2017 (3Q17)
jump 25.8% to RM5.3 million on 66.0% higher revenue of RM253.1 million.
In comparison, the Group reported net profit of RM4.2 million in the previous year
corresponding quarter, on revenue of RM152.5 million.
EG Industries’ Group Chief Executive Officer Mr. Alex Kang said that the strong
performance was driven by more orders for printed circuit board assembly (PCBA) for
consumer electronics, which mitigated the seasonal low volume in its box-build segment.
The PCBA segment contributed 83.1% or RM210.3 million to 3Q17 group revenue, while
the box-build segment contributed 16.9% or RM42.8 million to group revenue.
Mr. Alex Kang (“江邦健”), Group Chief Executive Officer and Executive Director of
EG Industries Berhad said:
“Our core business of PCBA effectively doubled its sales in 3Q17 from a year ago, as we
rode the strong demand for our global customers’ consumer electronics.
We intend to leverage our PCBA orders to demonstrate our reliability as a manufacturing
partner to new and existing principals, with the goal of eventually convincing them to
contract for our box-build offerings to serve them in a larger capacity.”
As at 31 March 2017, EG Industries has approximately RM70 million outstanding order
book of box-build orders to be delivered in the next three to six months. Box-build
refers to end-to-end manufacturing service, from product design and assembly to
shipping of completed products to end users.
For the 9 months ended 31 March 2017 (9M17), EG Industries’ net profit rose 37.7% to
RM20.0 million, from RM14.5 million previously. 9M17 group revenue increased 35.3% to
RM747.5 million compared to RM552.3 million earlier.

Posted by posby > 2017-05-31 18:57 | Report Abuse

Q to Q drop.
year Q to Q up..
let c how the market react....strongest Q3 ever

this

Posted by optimusprimeXV > 2017-05-31 19:02 | Report Abuse

Superb more to come next q. Proven earning visibility!

Posted by Jen388 > 2017-05-31 19:06 | Report Abuse

How come i got the feeling they try to cover the drop for Q to Q by informing Y to Y up. kekeke.

Posted by gabriel1985 > 2017-05-31 19:07 | Report Abuse

Q3 is always a weak Q in history. This is a considered a very good Q for me.

Posted by Cimbnet > 2017-05-31 19:16 | Report Abuse

P/e now only 7... can anyone name an Ems player with p/e so low?

Posted by Cimbnet > 2017-05-31 19:24 | Report Abuse

Agreed. Q3 is their seasonal weak Q. I think revenue is respectable, but why margin so low??

Posted by Fly_universe > 2017-05-31 19:33 | Report Abuse

margin is low because 83.1% of this quarter is from PCBA, which is traditionally lower margin business.

Posted by VenFx > 2017-05-31 20:30 | Report Abuse

EG is the 1 fine laggard who contracting with its Customer 'D' yet lowest p.e. so far compare others Ems with D contacts where have an average x 15-20 P.e. :)

I'm sure EG has very good net working with its global customers especially The Europe.

Posted by VenFx > 2017-05-31 20:37 | Report Abuse

I got to say, EG delivered above average and proven their progress keep path with the corporate objective.
So, I may conclude their next next qtr very much will experiencing continuing growth. (Without 1 time gain, which is purely contributed from the core operation biz).

Grab this Rooster EGgs as much as u can tomorrow $$$

Posted by Imstupid > 2017-05-31 20:46 | Report Abuse

good news?....

Posted by VenFx > 2017-05-31 20:50 | Report Abuse

To my surprise, Excited to see Eg still has 70mil left from the 100mil box built outstanding order books left since previous qtr. Mean EG will have a better products mix with very good margin for its next qtr result.