Posted by Fly_universe > 2017-11-17 22:48 | Report Abuse

Hello, Antman. We cannot draw direct relation between Jubilee result and EG result, since EG has no stake in Jubilee. However, since they are sister companies, the pooling of resources with Jubilee and the support of Jubilee's PPIM services would indirectly enable EG to achieve greater economies of scale.

This news is also a console as Jubilee has always been dubbed as a lousy company buying stake in EG to make EG a lousy company.

Posted by Antman > 2017-11-18 00:31 | Report Abuse

Thanks fly_universe..it is also a slap on the face for those who seriously doubt the ability of Terrence..he may not be very great but he is able to lead his company to achieve better results..Anyway if possible can u ask the following question in AGM or instead u can share some of ur insights: How EG is trying to secure more box build order in the future, we all know that thru VI+ and expansion of plant in sg petani, but I still can't see a clear picture on what EG has done, especially through automation that offer more economic of scale..

Posted by VenFx > 2017-11-18 09:35 | Report Abuse

Fly_universe ,
Can help ask these Q during the agm :
1) what opportunity & thread does Eg foresee in the region as one of the Top 50 world Ems provider in south east asia. (Plus how the government Miti help the Ems to grow furthur to achieve better economy of scale )
2) how the CFO of Eg mitigate losses from forex, will they check for the peers strategy ?
3) In this Buyer market, would that possible for Eg to still work out a Cost past through mechanism with their pricipal ?
4) what does the Ceo see in Eg or what Strength does Eg pursuing si far ? How would it direct EG ?
5) In what way could possibly the CFO think of, in order to pare down the $10m interest pay annually ?
6) Would the management hightlight their plant utilisation rate and segmented revenue contributed in their qtr report on regularly basis ? This will provide more clearer picture for us to keep track.
7) How the SMT(Thai) fully owned subsidiary benefit Eg ?

Thanks in advance Fly_universe bro , u may shorten my question .Wonder the management has such time to answere all those questions :)

Posted by VenFx > 2017-11-18 09:45 | Report Abuse

8) one more Qs to be asked fly_bro,
Would Eg look into for China prospects, thought it is far more uncertainty but always. Surprised with opportunities as long EG deemed ready .

Posted by VenFx > 2017-11-18 09:47 | Report Abuse

I trust there are full with passion talents and opportunity in the land of the dragon since the great country lead very well by Xi now.

Posted by VenFx > 2017-11-18 09:54 | Report Abuse

Combined China & Bolehland Ems , there will be a new experience with synergistic.

Posted by wiki123 > 2017-11-18 11:14 | Report Abuse

actually not worried about EG's revenue for the coming QR release, just only concern the profit margin... recently most of the plastic injection molding guys are not having good margins... coz ringgit strengthens and raw material price goes up, so not sure how that affects EG to a certain extend...

Posted by VenFx > 2017-11-18 12:28 | Report Abuse

Still unknown yet what is the potential impact over the plastic resins cost hike, i believe it should be a temporary factor once the cost pass through mechanism ready .

Furthuremore, as an vertical integration providers ... injection moulding may not carry the same weight as others who is 100% in the plastic injection industry like geshen .

Its easier to check the impact , if EG can segment their division in their qtr report.

Another puzzle me to me is the Bank Negara Monetary policies, since early of 2017 to ask exporter retain their reserve in RM as trade funds .(tot by that way, suppose strengthenning of RM will benefit those exporters ; anyway, to simplify it ... better ask EG their forex sensitivity ratio given for its FY2018) .

Posted by VenFx > 2017-11-18 16:39 | Report Abuse

Fly_universe bro,
Question 9.
Please ask EG explain why the Box Built contracts that forecasted to be billed by last 4thQ'2017 has a huge mismatching ? Tq

Posted by Fly_universe > 2017-11-19 09:11 | Report Abuse

Thanks Antman and VenFx. I will sort out some of your questions and ask in the AGM. I will also prepare a brief report about the AGM.

Posted by VenFx > 2017-11-19 09:13 | Report Abuse

Question 10,
Would EG now at self sustain for its future Capex till 2020 ?

Posted by VenFx > 2017-11-19 12:27 | Report Abuse

Thx bro.

Posted by klee > 2017-11-20 11:45 | Report Abuse

VenFx > Nov 19, 2017 08:59 PM | Report Abuse

EG 底部了，
最坏情行 0.660
趁业绩出炉前
可以慢慢 累积

Range trade opportunity @ $0.660 - 0.710

Posted by coldinvestor > 2017-11-20 14:14 | Report Abuse

没有最低， 只有更低。 谨慎 ！

Posted by Davidl > 2017-11-20 15:03 | Report Abuse

Better standby to buy at 60cts

Posted by leslieroycarter > 2017-11-20 15:23 | Report Abuse

No bullet left but the price still falling non -stop.....wondering...?

Posted by deathgodwoairuo > 2017-11-20 15:58 | Report Abuse

Cut loss edy... Rubbish counter..

Posted by CS87 > 2017-11-20 18:59 | Report Abuse

wth always drop.

Posted by Babiyou8 > 2017-11-20 19:30 | Report Abuse

Move to Hengyuan...QR Coming good....buy stock that uptrend not downtrend

Posted by Smile Low > 2017-11-20 22:02 | Report Abuse

http://cj.sharesinv.com/20171117/52336/

Posted by PotentialGhost > 2017-11-20 22:30 | Report Abuse

Sb coldinvestor 又出来了 ，说说你为什么你会攻击jaks 管理层 ？不丢脸吗 jaks forum 的人都认得你哦

Posted by Vin Chuah > 2017-11-22 01:57 | Report Abuse

sad

Posted by BlackWhite > 2017-11-22 21:16 | Report Abuse

Strange stocks that give bonus share splits all falls eg,sunway,vis etc. Better to have dividend

Posted by michaelwong > 2017-11-22 21:59 | Report Abuse

Focus on stocks not necessarily supported by fundermental potential and sometimes it won't works but stocks which attracts investors to secure profits that counts

Posted by Crazy11223 > 2017-11-23 06:40 | Report Abuse

Buy Pallette, I go in 0.30

Posted by Antman > 2017-11-23 10:17 | Report Abuse

Fly_universe, when is the AGM ya

Posted by Fly_universe > 2017-11-23 10:45 | Report Abuse

27 November, 11.30 am.

Posted by BlackWhite > 2017-11-24 22:32 | Report Abuse

May be have to wait before Christmas to see the sun

Posted by Antman > 2017-11-25 12:32 | Report Abuse

Thanks fly universe bro..hopefully can give us first hand info after the agm..maybe can give some sneak peak review before the results of qtr report if alex is willing to share..hehe

Posted by dadada123 > 2017-11-25 16:29 | Report Abuse

https://www.pressreader.com/malaysia/the-busy-weekly/20170715/281745564432508

Posted by Fly_universe > 2017-11-25 21:02 | Report Abuse

Just for book-keeping purpose.

https://www.pressreader.com/malaysia/the-busy-weekly/20170715/281745564432508

https://www.pressreader.com/malaysia/the-busy-weekly/20170715/281788514105468

Posted by VenFx > 2017-11-27 13:04 | Report Abuse

Fly_universe bro,,, having treat by EGgsy's CEO ?

Posted by Fly_universe > 2017-11-27 15:05 | Report Abuse

I have just came back. The investors had a long chat with the CEO. Will update with some key highlights from the AGM.

Posted by Fly_universe > 2017-11-27 15:41 | Report Abuse

VenFx, how do I post as a blog, instead as a message in this page?

Posted by wiki123 > 2017-11-27 15:47 | Report Abuse

goto your own profile... click member services, then click my blog dashboard... create new blog

Posted by Fly_universe > 2017-11-27 15:49 | Report Abuse

OK, thanks wiki123.

Posted by wiki123 > 2017-11-27 15:57 | Report Abuse

also eagerly waiting for your updates :)

Posted by Fly_universe > 2017-11-27 16:08 | Report Abuse

Brief Highlight:

- Target 1.2 Bil. in FY 2018.
- No labour shortage, but there is raw material shortage.
- Raw material shortage could cause delay in order fulfillment.
- Will make MOU with new customer in due course.
- Purchased a land that will be used for the 3rd factory.

More to come....

Posted by 778899 > 2017-11-27 16:09 | Report Abuse

Fly, in short is the briefing positive for small investors like us ?

Posted by oasis761864 > 2017-11-27 16:27 | Report Abuse

Thxs for Ven & Fly info and hope can share more, EG is my choice after VS

Posted by oasis761864 > 2017-11-27 16:32 | Report Abuse

Target 1.2 Bil, how about profit margin ?

Posted by VenFx > 2017-11-27 16:58 | Report Abuse

Actually the whole EMS is Blossoming .
This are the sector with utmost growth prospect fot coming 3 years.

That's why , sector players putting huge CAPEX and upgrading existing plant to coupe with the getting complex tech. from their multinational brands.

DENKO will be the next anchor player.
I'm waiting for their Right offer in due course.

Posted by Fly_universe > 2017-11-27 16:59 | Report Abuse

Profit margin depends on product mix. If more box-build, margin will be high. The CEO said he target 70/30, but personally I don't believe. I will give around 80/20, which might contribute to a profit margin of around 2.4%.

Posted by wiki123 > 2017-11-27 17:20 | Report Abuse

80/20 which one is box build?

Posted by wiki123 > 2017-11-27 17:23 | Report Abuse

2.4% of RM1.2b, hmm looks like looking at RM32mil per year, or RM8mil per quarter... 4cents per quarter or 16cents per year....

Posted by wiki123 > 2017-11-27 17:23 | Report Abuse

EPS

Posted by wiki123 > 2017-11-27 17:24 | Report Abuse

then FY2018 we should be looking see 2.40 again... based on PE 15....

Posted by Op3rs > 2017-11-27 17:40 | Report Abuse

dont u think u guys are too over optimistic with eg?

Posted by Wong Yong Keong > 2017-11-27 17:52 | Report Abuse

If Profit 32mil / 266mil NOS , EPS should be 12cent , 12cent x 15 PE , target price RM 1.80

Posted by wiki123 > 2017-11-27 17:56 | Report Abuse

yes, from chart, 1.80 makes sense, but 1st target 1.1 first, then 1.80 then 2.40... after rerate...