Posted by Flying Cloud > 2017-08-20 02:31 | Report Abuse

Ok, please hold tight with your holding & I wish you good luck. Also wish Alex tries hard to deliver his promise as soon as possible.

I know you are a good guy & it is better for you make money from this counter rather than loss money.

Posted by VenFx > 2017-08-20 02:35 | Report Abuse

Dont worry about me ,
i know what i'm doing.

My picks never fail me over the pass 4 years .
Most of my i3 frens know that .

Posted by Flying Cloud > 2017-08-20 02:37 | Report Abuse

Figures won't lie, we will see.

Posted by VenFx > 2017-08-20 02:44 | Report Abuse

Figures doesn't lies , human does.
For me it doesnt neccessary at all in stock market .

As long as u done a thoroughly study in your counter,
and let it happen .

Posted by Investor 9999 > 2017-08-20 09:17 | Report Abuse

Wow, I have stirred it up. I do not hold any EG share and just want investors to be cautious. If you check the two key management members and shareholders did run a listed Co in SGX and had some issues with SGX that what I heard. i do not want Singapore Kia to screw us up.

Posted by Patron > 2017-08-20 09:30 | Report Abuse

Jubilee. One of the worst listed company management I ever seen.

Posted by suregain > 2017-08-20 10:54 |

Post removed.Why?

Posted by Patron > 2017-08-20 11:11 | Report Abuse

Numbers are good but I do know EG's Kent and Jubilee's Terrance in person. These two are crooks. No faith in them.

Posted by VenFx > 2017-08-20 11:18 | Report Abuse

I don't give a sh*t on Terrance's storey.

I'm more interested in how the group as overall to deliver and safeguard their management quality in the same time keep up with the blossom ems sector in Malaysia manufacturing hub.

Posted by VenFx > 2017-08-20 11:20 | Report Abuse

Well , looks like hantus has never leave EG .

Posted by VenFx > 2017-08-20 11:24 | Report Abuse

Less Description
But more figure

We simply can't spot
A good deal with out
Facts and track record
Isn't it ?

Posted by VenFx > 2017-08-20 12:11 | Report Abuse

重复 讲些有的没的,
又拿不出 有力数据
也叫着 讲重痛处 ?

我看 你是满肚坏水
你打的 算盘 心照
象你这类人
唯恐天下 不乱
想借乱 摸利

造孽 啊

Posted by VenFx > 2017-08-20 12:25 | Report Abuse

还说 自己有 拥有 EG 3% 股份,
等下 又在 其他相关 公司 吹自己有 多少百万股
买在 底点, , 马后炮 还真够力下。

Posted by VenFx > 2017-08-20 12:36 | Report Abuse

走正途
看准 目标
做长线投资
会比 你靠歪曲事实
强的多 了。

你去 找回 我很早在
Inari / Muhibah / Puncak / Jhm / Vis
就知道 我是 如何办到的 。

Posted by VenFx > 2017-08-20 13:54 | Report Abuse

是这样吗 ? 

不会自己 说爽 吧 !

Posted by Fly_universe > 2017-08-20 15:43 | Report Abuse

From EG Annual Report
Financial Year Revenue (Mil) EBITDA (Mil) EBITDA % Receivables (Mil)
FY 2011 577.4 23.72 4.1080707 95.564
FY 2012 564.9 27.37 4.8451053 147.646
FY 2013 502.8 29.96 5.9586317 137.454
FY 2014 700.5 37.08 5.2933619 148.23
FY 2015 636.1 42.502 * 6.6816538 155.562
FY 2016 712.69 56.56 7.9361293 273.258
FY 2017 (3Q) 747.545 50.378 6.7391261 308.172

** Minus one-off item of 6.725 M and 8.793 M

My view: Receivables growing in tandem with revenue. Reasonable for me. EBITDA margin also growing steadily. However, do take note that FY2017 EBITDA margin will not surpass FY 2016. CEO has already explained on this, they have taken in more PCBA orders from Dyson.

Posted by Fly_universe > 2017-08-20 15:49 | Report Abuse

Now let's look at SKPRES's fact

From SKPRES Annual Report
Financial Year Revenue (Mil) EBITDA (Mil) EBITDA % Receivables (Mil)
FY 2011 256.996 41.661 16.21075814 54.35
FY 2012 414.834 58.764 14.16566627 100.866
FY 2013 423.292 62.545 14.77585213 72.777
FY 2014 412.769 48.153 11.665847 96.539
FY 2015 619.267 65.406 10.56184166 218.589
FY 2016 1015.353 123.308 12.14434783 191.138
FY 2017 1943.564 162.274 8.349300563 567.208

My view: Also experiencing steady growth in revenue and EBITDA. However, EBITDA margin is experiencing drop. For receivables, do notice the sharp increase from FY2016 to FY2017 (a whopping 200% increase in receivables).

Posted by Fly_universe > 2017-08-20 15:53 | Report Abuse

Finally, look at VS:

Financial Year Revenue (Mil) EBITDA (Mil) EBITDA % Receivables (Mil)
FY 2011 1026.818 95.712 9.32122343 203.25
FY 2012 1201.992 95.275 7.926425467 317.572
FY 2013 1163.911 92.027 7.906704207 410.526
FY 2014 1715.082 119.548 6.970395585 447.55
FY 2015 1936.885 239.218 12.35065582 500.681
FY 2016 2175.626 226.384 10.40546491 583.436
FY 2017(3Q) 2297.964 192.642 8.38316005 816.44

My view: Almost similar as SKPRES and EG. Receivables also increase from 500M in FY 2015 to 816.44 M in the latest QR.

Posted by VenFx > 2017-08-20 15:57 | Report Abuse

Good one Fly_ universe bro,

Weight on Box-built to Pcba are at 45% : 55% in 2017 financial year.

But things is going to change very quickly as EG has been receiving overwhelming
Orders from it's Beuty line of consumer electronics awarded by customer D.
We will about ti witness my argument by soonest 2017 qtr 1.

By then, Box-built over Pcba will have a 60:40 ratio by way from segment net profit.
Yet, still enjoying annual Cagr of 38% .

TP : $1.59 (ex-r.i.)
is way conservative given ehe EMS sector boom in the region.

Posted by Fly_universe > 2017-08-20 16:02 | Report Abuse

三家公司都同樣擁有接近相同的成長軌跡，無獨有偶他們都有大客戶DYSON。別看到一家公司Receivables增加就說什麼壞賬，Bad Debt什麼的，另一家Receivables同樣增加，就視而不見。希望大家可以理性的討論。

Posted by VenFx > 2017-08-20 16:14 |

Post removed.Why?

Posted by VenFx > 2017-08-20 16:34 | Report Abuse

是马 ?

我对 你如何 马后炮, 没兴趣 哦。

我没必要跟 你吵 , 是你自己 傻傻搞不清楚 吧了。

Posted by VenFx > 2017-08-20 16:37 | Report Abuse

你这 小人
就是不能 安份 。

Posted by Earth > 2017-08-20 16:41 | Report Abuse

这位造孽的人， 非 V 莫属。

Posted by VenFx > 2017-08-20 17:00 | Report Abuse

幹麼 不说 你 自己 践 ?
整天 到处乱说活
先瞭者践 麼
人家来理清
你不屑 ?

这世界 不是你 一个人 的。
放聪明点 , 别傻傻的 哦 :)

Posted by VenFx > 2017-08-20 17:14 | Report Abuse

不用 装, 你活该 。

给人 知道你的 为人
我 可是 做了 件 善事 啊 :)

Posted by Earth > 2017-08-20 17:33 | Report Abuse

Mr V 请积点口德吧！不要再害人了，就好象coldinvestor 所言， 这只股从去年最高峰RM1.260不停地跌到现在， 谁买谁倒地。 不要再造孽了， 老天在看着你的。

Posted by leslieroycarter > 2017-08-20 17:43 | Report Abuse

The co should heed the advice to abort the right issue n bonus share . Once this is settled , its share will reflect the actual value.

Posted by Gen2 > 2017-08-20 18:02 | Report Abuse

I sold all Penta to rescue Eg...

Posted by Sharon Chok > 2017-08-20 19:33 | Report Abuse

it certainly not good to argue here.

Posted by Sharon Chok > 2017-08-20 19:45 | Report Abuse

i bought it because koko888 introduced it! just keep it for long term

Posted by VenFx > 2017-08-20 21:58 | Report Abuse

Earth Mr V 请积点口德吧！不要再害人了，就好象coldinvestor 所言， 这只股从去年最高峰RM1.260不停地

跌到现在， 谁买谁倒地。 不要再造孽了， 老天在看着你的。20/08/2017 17:33

我 :
haiyo, Cold 需要到 用上 (fake ID) 假帐号 了吗 ?
哈哈哈 小人 一个 。
我 就是 爱 公击 这样的 小人 。

Posted by ming > 2017-08-20 22:06 | Report Abuse

PE/ROE/NTA/revenue growth all indicate the potential of EG..

But too bad on cash portion, feel short term has no chance for dividend

Posted by VenFx > 2017-08-20 22:14 | Report Abuse

再 看看,

koko888 / icon8888 / probability / moneySIFU / OTB / kcchong /
才是 我最 敬重的 师傅

小人 Cold ,
爱 巅到是非 唯恐天下不乱
人人 都可以 唾之 。

Posted by Stock Kingdom > 2017-08-20 22:30 | Report Abuse

Actually nothing wrong with the one who promote or discourage as long as the one talk with faith & with facts/figures. It is up to ourselves to decide which one is best suit us.

If anyone bought this counter after reading all comments & financial reports and did his/her homeworks, he is taking the risk to hope for better rewards of money.

Look here, take risk! Nothing is guaranteed in investment!

Accussing people for sharing views or ideas after losing money because never do any homework, he himself is the one should be blamed,no body else.

Posted by VenFx > 2017-08-20 22:36 | Report Abuse

Absolutely right Stock king.

Juz I hate those tweaking facts with their half baked materials to blur peoples here for the sake of his own interest.

Posted by Alex Foo > 2017-08-20 23:01 | Report Abuse

hmm...this will be a case study for me....im too young to experience this situation

18-Aug-2017 Insider EG INDUSTRIES BHD re-sale 139,600 shares from 0.762 to 0.762 on 18-Aug-2017.
17-Aug-2017 Insider EG INDUSTRIES BHD re-sale 114,400 shares from 0.774 to 0.774 on 17-Aug-2017.
16-Aug-2017 Insider EG INDUSTRIES BHD re-sale 30,000 shares from 0.780 to 0.780 on 16-Aug-2017.

EG must know that share resale will create an uneasiness to the present shareholders.

Some logical explanations

1) EG really needs cash
2) EG hand gatal (we can skip this)
3) EG saw it fit to further depress its current share price to make way for RI (how to explain this logically?)
4) EG wishes to give more opportunies to shareholders to collect low (why not EG just borrow from bank and sapu its own shares, then resale at higher price like Oldtown?)


Of all possibilites, i still see no.1 as the valid one.

Resale one time is considered hand gatal, but 3 times now.

Also, rights issues seem dragging. If i'm not mistaken, they announce it to be done somewhere in July. Now Aug d, and close to quarter result.

Rights issues by nature is to ask for cash.

EG has a good proposition to move toward the more value-added box-built than its razor-thin PCBA business.

This turnaround, ganjiong.

I will heed vensifu advice to sapu after exdate.

Posted by Alex Foo > 2017-08-20 23:02 | Report Abuse

i'll be allocating 10% of my fund to support ven sifu =)

Posted by Alex Foo > 2017-08-20 23:03 | Report Abuse

erm, also, another proposition.

Conducting rights issues will incur professional expenses. Perhaps EG needs cash for that?

Posted by VenFx > 2017-08-20 23:12 | Report Abuse

Hi ! Alex foo

Thx for support .
Pls do examine my sharing in my link ..
There should adequate info for u to decide, when and what is the best time to punt. (Not to punt as sound like opportunists, I'm not good in it)

My TP :$1.59 is agak agak one ... pls examine carefully .
Whish u luck and invest smart :)

Posted by Fly_universe > 2017-08-20 23:59 | Report Abuse

Alex Foo, from the following link,

https://www.arx.cfa/up/post/640/Rights-Issue-Effect-to-Treasury-Shares.pdf

Rights issue has no effect on treasury shares (at least for stocks in Japan.) If it is true in here, then the following scenario might be true:

Some people needs shares and are ready to subscribe for the rights. Since company has treasury shares, which is not entitled to rights issue, so it is only natural that the company sell them, and in return bank in some cash.

In chinese, it is called: 一舉兩得，何樂而不為。

Posted by Shines > 2017-08-21 07:21 | Report Abuse

As I have mentioned earlier, reselling is cashing out before rights xd, it is only logical if not will incur impairment lost after xd. EG can always buy back the shares after xd. The needed cash will come from the rights

Posted by VenFx > 2017-08-21 08:32 | Report Abuse

股价 的事就让市场自行 决定,
用错误信息 以便误导 散户
这种自私行为 要不得

想想 如果你有身边的 家人
或朋友 因为被误导
一只本来很有 前景的 投资
而 永远避之 , 那实在 可惜。

散播 错误信息的人
好自为知 吧。

Posted by VenFx > 2017-08-21 08:38 | Report Abuse

以上的人, 你从来 只做短打
怎么忽然, 好象说到 自己做长期 了呢 ?

心怀不善 必自毙 啊

Posted by VenFx > 2017-08-21 08:43 | Report Abuse

请拿 数据来 支持你的 结仑
别模糊 了事。
关系 大家的 要详细些。

Posted by VenFx > 2017-08-21 08:48 | Report Abuse

事实就是 事实
它是 最好的 证据
輪不得 你去篇

还是那句
好自为之

Posted by VenFx > 2017-08-21 08:53 | Report Abuse

请 自行 复查我的连接,
打从第一天, 就呈上了

只是你 一直重复
已经有了 答案的
问些 新的问题 吧

Posted by Tom > 2017-08-21 09:01 | Report Abuse

EG的净益太微薄了，目前的PE应该给再底一点

Posted by Tom > 2017-08-21 09:06 | Report Abuse

两亿多的revenue，net profit 才几百万。。。。没有跌到0.5我是不会买入了

Posted by gai > 2017-08-21 09:34 | Report Abuse

不想买进就找其他stock啊，干嘛在这吵？