Woh ! I see so many experts and fortune tellers talking good for this counter.I must recommend the management of EG to pay you all for your views. OK the management will make sure that the share price will hit 3.00 by end of 2017.
@VenFx It is not justified the receivable days on 80+ days whereas they have 95% collections within 60 days...ar risk management didn't tell you that...
Set 0.850 your water line. Below : chance to accumulate happily, while low in vol. Above : Hold for greater wealth and wait for customers' D ' pumping more contracts into Rooster reban.
Investors might temporary Shy away bcoz of the R.i. , But, there are more who see the overall picture of EMS potential is waiting to buy back their Right Issue from open market. Some more, EG has proved with their continuing improving qtr results.
MY GUESSTIMATE FOR 'EG-OR' : $0.35 or Higher. ( it's find if u use 30% of your Eg funds to buy eg-or from open market , subscribe and get free Bonus.
@VenFx wc premium now is about 15%, ex rcps will became 25%, not sure it is good for wc holder ? Or, it is better to adjust the wc exercise price rather then given free wc ?
I bought 300 lots EG share last year @ 82 cents and disposed all at 98 cents Feb this year when the management announced RI and later i invested in Unisem.I am glad I made the correct decision and I will bang the wall if I still hold eg shares.This counter really disappoints many investors this moment.
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....
Imstupid
180 posts
Posted by Imstupid > 2017-06-05 09:40 | Report Abuse
Very cool....