Posted by VenFx > 2017-05-31 21:11 | Report Abuse

Yaa,

by comparing amongst it's peer EG has the lowest number of Shares with 211.3 mil shares after Denko; or is Ten time lesser than Vsi & Skpres with apprx 1200mil shares .

Lovely isn't it ? SO , WHAT'S THAT TO TELL ? 888

Posted by VenFx > 2017-05-31 22:13 | Report Abuse

Fair value at x 10 p.e. : $1.13
Today's closing : $0.855

Value bargained at : [ $0.275 ] or discounted of 25% .

* Buy bfore EG on most fund manager's want list !!!

Posted by i3connect > 2017-05-31 23:27 | Report Abuse

Wow, nice one uptrend mode on

Posted by Fly_universe > 2017-06-01 00:31 | Report Abuse

"Fly_ , how do u see prospect for Pcb & Pcba ?
I'm suggesting Ems players should seriously relook on Pcba ..."


VenFx, PCBA is a very low margin business. Can't solely depends on PCBA.

We can do a simple calculation to see the situation here. From 253.1 M revenue, 42.8 M is from box-build. Box-build normally gives profit-margin of around 10%, which means that box-build profit is around 4.28 M. This leaves the profit from PCBA around (5.28 - 4.28) = 1 M.

This means that the profit margin of PCBA is just (1/210.3) = 0.475%. So you can see how low is the profit from conventional PCBA business.

Box-build/Vertical Integration is the key to survive and shine. The company is moving towards this direction steadily and has shown positive results, more to come.

Posted by VenFx > 2017-06-01 01:12 | Report Abuse

Fly_, your view on Pcba, are true.
Eg has made Pcba as their strategic approach to better tracking toward securing the juicy Box Built contract. .. So, in hunt for this EMS players must looking forward into smart/Automated manufacturing facility to furthur lower down their production cost and increase a clean handling in smaller components nowadays.

To summary, increasing of efficiency while processing can better outbeat its peer in term of cost and complexity of electronic products.

Posted by Lukesharewalker > 2017-06-01 08:32 | Report Abuse

At least there's profit. Let see if it moves....

Posted by Galant > 2017-06-01 09:12 | Report Abuse

would be better if they can improve profit margin...

Posted by aiboon > 2017-06-01 09:25 | Report Abuse

一滩死水

Posted by optimusprimeXV > 2017-06-01 09:37 | Report Abuse

Calm before the high tide

Posted by Galant > 2017-06-01 09:41 | Report Abuse

looks like things are hard to move these days, even with positive results.

Posted by stockworm > 2017-06-01 09:47 | Report Abuse

Less convincing qr results ( less 30%) will not attract buyers.

Posted by optimusprimeXV > 2017-06-01 10:00 | Report Abuse

The proposal looks attractive and I will subscribe

Posted by Alex Chan > 2017-06-01 10:30 | Report Abuse

You can always count on it to disappoint. One of the stock that is left behind by this bull run.
Some more suppose to be a gem

Posted by Alex Chan > 2017-06-01 10:30 | Report Abuse

Lol

Posted by Imstupid > 2017-06-01 10:41 | Report Abuse

""........... Hopeless

Posted by optimusprimeXV > 2017-06-01 11:13 | Report Abuse

With free bonus

Posted by Cimbnet > 2017-06-01 11:42 | Report Abuse

When can we get rewarded ...

Posted by Lukesharewalker > 2017-06-01 12:26 | Report Abuse

Not free...buy 1 free 1

Maybe rights can be sold prior to acceptance

Posted by optimusprimeXV > 2017-06-01 17:11 | Report Abuse

VenFx they will not understand what you are saying, they are just trend followers

Posted by Fly_universe > 2017-06-01 18:17 | Report Abuse

Venfx, you are right. From the press release statement, since EG already doing PCBA for customer D, the management is now actively pursuing customer D to award box-build contract to them.
If successful, it's going to be huge.

Posted by optimusprimeXV > 2017-06-01 18:20 | Report Abuse

they are already successful. they will just get more orders coming in

Posted by YGNg > 2017-06-01 20:08 | Report Abuse

Nice counter for long term. Let's grow with company together.

Posted by musangfoxking > 2017-06-01 20:18 | Report Abuse

Patience is the word!!!!

Posted by Xinquan > 2017-06-01 22:36 | Report Abuse

Never pay dividend but ask for right issue why no problem in EG?

Posted by optimusprimeXV > 2017-06-02 07:36 | Report Abuse

Read the report dude

Posted by Jen388 > 2017-06-02 09:47 | Report Abuse

Everyday the volume is not there. Abit difficult to go up.

Posted by Cimbnet > 2017-06-02 11:17 | Report Abuse

As much as I'm confident with eg, but can u imagine when today market so bullish and eg is still under selling pressure? ??

Posted by Vivian Hee > 2017-06-02 11:55 | Report Abuse

0.845

Posted by Lukesharewalker > 2017-06-02 11:57 | Report Abuse

Venfx support lah. Cheap buy more..No volume, looks like a break down soon

Posted by optimusprimeXV > 2017-06-02 12:03 | Report Abuse

I support you VenFx sifu. I stand behind the financial and potential

Posted by Lukesharewalker > 2017-06-02 12:10 | Report Abuse

80 begun to look like a possibility

Posted by Million78 > 2017-06-02 12:10 | Report Abuse

really cheap^^ good

Posted by Vivian Hee > 2017-06-02 12:19 | Report Abuse

don't touch this counter until rights issue completed.

Posted by optimusprimeXV > 2017-06-02 12:22 | Report Abuse

right issues with free bonus. I think is perfect. you need to read the proposal better and the financials

Posted by VenFx > 2017-06-02 12:40 | Report Abuse

The hingsight,

is the remaining of the $70mil of Box Built contracts.
Imaging Rooster shipout the remaining of the said contracts by next qtr with averagely 8% net profit implied a minimum of 5.6mil (excluded others contribution).

That is where the force will time their full driving force on Rooster EGgs Up! uP! UP! till the next next qtr.

Posted by 778899 > 2017-06-02 12:42 | Report Abuse

VenFx sifu
better top up after RI ?

Posted by Imstupid > 2017-06-02 12:50 | Report Abuse

Vivian hee did u hold this counter .i see the chat it show rebound soon maybe next Monday ...it under value for this time ..

Posted by Million78 > 2017-06-02 12:50 | Report Abuse

walker buy now don wait

Posted by xuewenapeng > 2017-06-02 12:53 | Report Abuse

buy buy buy going back to 1.20 soon

Posted by stockworm > 2017-06-02 14:21 | Report Abuse

Do not trap by the word FREE and that is no such thing free in stock market.The stock price of the mother share will be adjusted base on the nos of free shares.

Posted by stockworm > 2017-06-02 14:46 | Report Abuse

The main concern is the rate of borrowing faster than the rate of profits for the last 6 quarters.

Posted by Lukesharewalker > 2017-06-02 15:16 | Report Abuse

Annualised latest QR only eps 10 cents . At PE 10 that's 1.00 but with a suspicious RI it should be fairly valued now. Unless there is a big contract incoming its dullville, with the impending RI, see if it is profitable to hold on or rather how many shares holders are going to subscribe.....there 1000 other bursa counters, some on the March uptrend

Posted by Lukesharewalker > 2017-06-02 15:18 | Report Abuse

Actually disadvantaged outweighs....

Posted by Lukesharewalker > 2017-06-02 15:43 | Report Abuse

Buy gamuda we, there is only a small premium to access a giant in construction. Incoming major infrastructure projects plus results this month. Uptrending now....

Posted by Million78 > 2017-06-02 16:42 | Report Abuse

good^^ will look at gamuda we

Posted by Imstupid > 2017-06-02 17:02 | Report Abuse

Ok

Posted by fortuneebullz > 2017-06-04 16:10 | Report Abuse

why keep on promoting???!!!!! good stocks dont need promotion!!!

Posted by VenFx > 2017-06-04 16:44 | Report Abuse

我看到 Morgan Lim 反思者,
的 Vitrox 文章内容 (是我 很喜欢的 公司) ,Penta 也是。
顺变 借了 Morgan Lim 的贴子, 在这分享。

有提到 我在 EG 分享的 Customer 'D' Dyson 品牌的大老板 James Dyson（英国第4首富），经过了5000多次的失败，经过了16年的付出，才把自己研发的 吸尘机成功推出市场，之后就推出了无扇叶的风扇，和自己专属的吹风机。

https://limwy94.wixsite.com/foodforthought/single-post/2017/05/28/Vitrox

Posted by VenFx > 2017-06-04 17:07 | Report Abuse

[ THIS IS WHERE YOUR MONEY WORKS FOR YOUR Rooster Reban ]
Of this maximum proceeds, RM15.0 million would be allocated for purchase and upgrade of equipment and machinery, RM10.0 million for purchase of raw materials for its box-build segment, RM2.4 million for research and development and acquisition of intellectual property (IP), RM10.0 million for repayment of bank borrowings, and RM0.8 million for working capital purposes.


[ ALMOST 50% OF YOUR MONEY to powerise Rooster Reban through below way ]
A further sum of up to RM23.6 million would be earmarked for acquisition of new businesses or assets that are complementary to the Group’s current EMS business. The balance RM2.1 million would be to defray expenses for the corporate exercises.

[ THIS IS WHAT YOUE CEO -ALEX KANG said ]
“Apart from strengthening our capital base to appropriately indicate the Group’s larger scale of integrated operations, these corporate exercises accord us additional funding to propel the Group forward.
Thus far, we have undertaken the slow-but-steady organic approach to business expansion, by investing into new capacity and securing an increasingly-international clientele. With rapid changes in the global EMS space, we are hungry to leapfrog into the next height of growth, by acquiring new businesses or assets to complement our core competency in EMS.

[ *** MY CONCLUSION ]
i see progress
i read their plan & strategies
they are energitic
willingness to move from current to higher chain
has been work closely aim looking to expanding with Customer 'D' ( capability proven)
i like for their diverse global clienteles (that leverage down risk;esp. in tech rapid changing space)
most importantly !
currently small market cap of $182mil with almost predictable 2017 of $27mil net profit (dam cheap)


IN ROOSTER EGgs $$$

Posted by klee > 2017-06-04 20:30 | Report Abuse

Rotten egg salesman,so hard sell.Why no more singing?
Wakakaka.