Posted by Cimbnet > 2017-10-13 18:38 | Report Abuse

Nice. Managed to top up at 74

Posted by VenFx > 2017-10-14 14:40 | Report Abuse

POSTED by SALAM

Posted by Ooi Teik Bee > Oct 13, 2017 09:40 PM | Report Abuse

VS is so good until I cannot believe.

I recommend a buy at 2.33 on 13/12/2014 before share split and bonus issue.

If you bought 1,000 shares of VS at 2.33, you should end up with 6,250 shares now. The present value is 3.09*6250 = 19,312.

Free Warrant VS-WA 1,250 shares = 1,250*1.40 = 1,750

ROI is (19312+1750)/2330*100% = 904% gain in less than 3 years.

The best performer in last 3 years.

Question to ponder ??
Can Hengyuan in 2017 like VS in 2015 ?
I believe the growth of Hengyuan can match VS in 2015.
Let time tells us the final result in next 3 years.

HI SIFU OTB, good morning !
Re. your comment above, do you agree that:
1. VS 2014 was in quite a different scenario:
a. Industry was moving towards digitised automation
b. Rising global demand for EMS catering for multiple MNCs.
c. VS and many others had positioned themselves in this most beneficial environments, benefited from a more visible earnings growth.

2. HRC, no doubt had not appreciated much, but is in quite a different environment:
a. O&G market growth slim and unstable
b. The move towards alternative energy is gaining momentum esp China, its potential market for refinery products.
c. Potential potent competitors, Petronas
d. Shorter term may be good bcos of adjustment for high cash flow
but where is the growth for longer term ?
14/10/2017 11:24

( ME )

I FIND ABOVE MESSAGE FROM A FORUMER NAMELY 'SALAM' DURING HIS POINTING OUT IN HENG YUANG THREAD .
It's a good question that one should pay attention of to better understand the EMS-vi investment we are in now .

Posted by cwp333 > 2017-10-15 18:04 | Report Abuse

I doubt so.....it has great momentum in the future but not now

Posted by thenewbee > 2017-10-16 09:38 | Report Abuse

same, eg needs to hold at least 3 months to 1 year to see good profit. for now, is going to be slow

Posted by Alex Foo > 2017-10-16 16:32 | Report Abuse

SMA20 cutting EMA59 soon

Posted by yoloisreal > 2017-10-16 16:33 | Report Abuse

undervalue stock

Posted by wiki123 > 2017-10-17 13:01 | Report Abuse

re: Venfx, when ultimate target price is 1.56, how much is the mother share will be?

Posted by Cimbnet > 2017-10-17 13:57 | Report Abuse

Go go go. Break rm1 this year pls

Posted by wiki123 > 2017-10-17 13:57 | Report Abuse

1.17 is mother share or the son?

Posted by Kahsin Chai > 2017-10-19 09:58 | Report Abuse

母股有利息的对吗？想请问下是多少？？

Posted by ilovehits > 2017-10-19 21:24 | Report Abuse

That calculation so complicated.

Posted by ilovehits > 2017-10-19 21:26 | Report Abuse

I think only VenFX bro know to do the calculation. Haha..

Posted by VenFx > 2017-10-19 22:23 | Report Abuse

Did i miss anything, ilobehits bro ?

Anyway, grab anything below 0.750 for next week show.

Posted by VenFx > 2017-10-19 22:26 | Report Abuse

(For Record)

For every 4 existing shares ,entitled for 1 right 
Therefore, holders paid the subscribe fee of 0.950 
Will gave him 1bonus shares + 1Pa 

Based on today closing 19/10/17 
Eg0.745 + Eg-Pa0.760 = $1.505 

Equity total values today $1.505 divided by cost paid 0.950 
Subscriber has already bag a net profit of 0.600 or 58% profit. 

ITS A X 58% GAIN IN 1 MONTH ........

Posted by ilovehits > 2017-10-19 22:42 | Report Abuse

Oh, like that. That's why l say the calculation too complicated. Haha.. Good job.Good job. Haha..

Posted by VenFx > 2017-10-19 22:52 | Report Abuse

Hereby,
19/10/17
I declare that,
Lap #1 considered satisfy with
Pa@$0.760 ; Mother@$0.745

Are Bros & Sis here happy ?

Posted by VenFx > 2017-10-20 08:10 | Report Abuse

(EMS IN BURSA)

Let Your Race Horse Run 
Let the EMS Tide Raise All Boats 

Ist liners : Vsi / Skp 
2nd liners : EGgsy / Uchitec / Pie 
3rd liners : Guh/Bsl/Comcorp 
Others EMS Supporting : Geshen/ Lcth 

I only pay attention to 1&2 liners.

Posted by kkteng70 > 2017-10-20 09:26 | Report Abuse

The Company shall have the option to redeem the RCPS in cash at 100% of the Issue Price,in whole or in part (but always in the same proportion in relation to each RCPS Holder), at any time from and including the third anniversary of the Issue Date up to the day immediately preceding the Maturity Date. So eventually is the company will buy back at 95c after maturity date ?

Posted by kkteng70 > 2017-10-20 09:42 | Report Abuse

good morning venFx , the maturity date is third anniversary of the Issue Date. Can I said if any one buy at today price 76c, after the maturity date will get almost 30 % of profit ? because on the maturity date company would buy back 95c(original price) ?

Posted by Fly_universe > 2017-10-20 15:07 | Report Abuse

Comcorp has disposed their EMS subsidiary (BCM Electronics). I took some time to read in detail
the proposal, one of the reason is this:

(iv) Dependence on key customers

BCM Electronics is dependent on its top five (5) key customers who contributed
approximately 90% of its revenue for the past five (5) FYEs. Customers are
demanding their EMS partner to have total integrated services capability, including
manufacturing of plastic and mechanical component parts, in order to maintain cost
competitiveness. Lack of R&D capability and no economies of scale for vertical
integration will pose further threats for BCM Electronics’ ability to meet its customers’
requirements and to continue receiving contracts from them.


This again prove that vertical integration is the key to survive and succeed in a highly competitive EMS
sector, and what the EG management currently doing is on right track (in fact their strategy is VI +).

Posted by wiki123 > 2017-10-20 15:13 | Report Abuse

re: Fly_universe... give your comment a like! 1 dragon service...

Posted by Fly_universe > 2017-10-20 15:51 | Report Abuse

VenFx. The SMT Thai IPO proposal has been put on hold until further deliberation.

Posted by Fly_universe > 2017-10-20 16:06 | Report Abuse

Agree. They won't be doing nothing. But to convince the Thailand authority really takes longer than expected time. I will ask the management in the coming AGM.

Posted by Fly_universe > 2017-10-20 16:10 | Report Abuse

Should be around early December.

Posted by VenFx > 2017-10-20 16:12 | Report Abuse

ok.. may try to compiled some short question, would like a favor from u by then to ask them few simple Q ... would u help me ?

Posted by Fly_universe > 2017-10-20 16:14 | Report Abuse

No problem. You can post it here.

Posted by JohnnyKosong > 2017-10-21 02:17 | Report Abuse

Vertical integration in EMS is no longer a new thing, in fact, it is what the big player in EMS that had done it late-90s'. Making VI or VI+ (no significant differentiation than other EMS VI) as strategy is old fashion, as VI is the integrated service, both backward & forward that all EMS must have in the era. Competing with competitors with its VI+ could not differentiate EG with competitor nor strengthening its corporate positioning. In fact, technological imperative and capability is what EG competitors are doing now, and is what customers are looking for. How could they even build SMT City with current technology they have, highly manual, warehouse record keeping using bin card etc. I agree on plastic injection moulding business they have, but with current EG sale force that is grossly incompetent to develop the business for its sustainability; who are their customer profile? Whoever it is, for sure they are not WD nor Dyson. Again, back to the question, what is significantly differentiate themselves with a + behind VI? They are putting it for the sake of putting it. They are just delusional C suite.

Posted by Fly_universe > 2017-10-21 12:50 | Report Abuse

First of all. No one is saying vertical integration is a new thing, as it is a business strategy that dates back even to more than 50 years ago in other sectors. What EG is doing now is at least aligning well in the current EMS landscape, as there are losing parties such as Comcorp which fails to cope with this landscape in EMS.

Of course challenges will be there and will be enormous. But the facts are: EG has been able to grow their top-line and bottom line.

For sure their customer profile are not WD or Dyson? EG has been manufacturing PCBA for WD since 1994 and started manufacturing box-build for WD starting 2015. EG start to manufacture PCBA for Dyson in 2007, and from the latest development, it seems they are given the privilege to manufacture a box-build product for Dyson.

The plus in VI+ means distribution, on top of VI. For sure it is not delusional or imaginary item, though the effect of this is yet to seen fully.

For SMT City, I agree, I also laugh when I saw this. However soon I realized I might be making a mistake. Yes, they are far from achieving that and more work needs to be done, put in more automation, but they are doing works. It is just too easy for me to sit comfortably in an air-con room and become a 'keyboard warrior' criticizing and laughing at other's dream.

Posted by JohnnyKosong > 2017-10-21 13:40 | Report Abuse

"For sure customer profile are not WD and Dyson" referring to the customer base they have for their plastic injection moulding business. Yes, they are doing box build for WD, but now with few WD model that use to manufacture by EG already EOL, their box build production space according to their staff, is left empty. Talking about FLIC, to be frank, it is not being mass produce as per what they brag in the news. Both EG and FLIC are over confident on the world smartest button thing, well, it's ended as a dumb button. EG business, while waiting Dyson awarded project to them to EOL, with no new model for EG in future, as well as WD high volume but thin margin, both of this customer down, means EG will fall as well. Other customers they have, are too small to sustain their business.

Posted by JohnnyKosong > 2017-10-21 13:47 | Report Abuse

VI+ means distribution, while VI doesn't involve distribution? The simple theoretical concept of VI had been already putting distribution as major element, which in supply chain we are referring it as forward vertical integration. This is why their C Suite are never creative and of low knowledge. Looking at their C Suite, particularly EG Production Director,not to discriminate, but how come someone with Diploma can be director?

Posted by Fly_universe > 2017-10-21 13:58 | Report Abuse

Interesting. Seems like you have an unhappy life working there. No offence, but life goes on. Don't take personal matter too much.

As a shareholder, I have been always monitoring and it is always possible to exit the investment anytime.

Posted by Fly_universe > 2017-10-21 14:02 | Report Abuse

Thanks to Johnny anyway. His information is useful on the end of life aspect of WD product. I will ask this question in the AGM.

Posted by Fly_universe > 2017-10-21 15:01 | Report Abuse

JohnnyKosong, can you do us a favor?

EG mentioned in their prospectus for the latesr RI, that they have secured new box-build contract worth RM 300 Mil. for 2 years. Can you do us a favor to answer these 2 question?

1. Who is the client?
2. What is the product?

Thank you in advance.

Posted by nekosan > 2017-10-21 16:01 | Report Abuse

tp 1

Posted by Fly_universe > 2017-10-22 10:41 | Report Abuse

VenFx, don't be like that. He is an employee there and his talk is definitely not baseless, but in fact answered some of my questions.

Posted by Fly_universe > 2017-10-22 10:57 | Report Abuse

Haha, I am monitoring from big direction.

Posted by VenFx > 2017-10-22 11:12 | Report Abuse

Eg has doung excellent for their capital investment need toward 2020,
Thats the most important area to lay out first.
It never easy for them as a penny EMs.

Now, i hope they will propel by the next 2 qtr results to attract more attention from iBs, by then their market capital would improve another 50% to a minima 400mil cap. from currently less than 200mil.

Part 2, are the fresh contracts secured after the plant & adsembly line inspection somewhere q317.
Of which,I'm still waiting the update from EG .

Posted by Fly_universe > 2017-10-22 11:24 | Report Abuse

The grand EMS landscape, just like what you did. The more smaller details, I will explain later.

Posted by Kedahan > 2017-10-22 11:32 | Report Abuse

Any news about ex boss Tai Keik Hock? Will he make a comeback?

Posted by Kedahan > 2017-10-22 11:38 | Report Abuse

Buy EG-PA will become 0.95 in 3-5 years?

VenFx On maturity due in 5 years , your option is to convert only.

In the other side, post 3 yrs anniversary the management serve the right to redeem at 0.95 if they deem fit.
20/10/2017 10:14

Posted by Kedahan > 2017-10-22 11:40 | Report Abuse

Why ROE keep declining despite revenue increasing? Debts uncollectible?
http://klse.i3investor.com/servlets/stk/fin/8907.jsp

Posted by Larrytrader > 2017-10-22 13:06 | Report Abuse

What is EGPA

Posted by beginner165 > 2017-10-23 01:27 | Report Abuse

good stock.. plan to buy some tomorrow...

Posted by Million78 > 2017-10-23 09:39 | Report Abuse

good^^ fly soon

Posted by coldinvestor > 2017-10-23 11:24 | Report Abuse

Sold all mother shares and bought same amount of preference shares for the past 3 days. All the best !

Posted by Cimbnet > 2017-10-23 12:17 | Report Abuse

Wow, coldinvestor why switch to preference shares ya? For the interest?

Posted by coldinvestor > 2017-10-23 13:23 | Report Abuse

For safety purpose because PA down side is limited.

Posted by Lucky Kau > 2017-10-23 19:57 | Report Abuse

Thanks VenFx...Because of your explanation on this share..I hold it fr loss till now...and
already almost breakeven. TQVM

Posted by adamdacutie > 2017-10-24 09:48 | Report Abuse

Not looking good

Posted by Cimbnet > 2017-10-24 15:26 | Report Abuse

Why so many roadblock brosss