Posted by oasis761864 > 2017-11-27 18:07 | Report Abuse

Annual report 2017 show improve in ageing of its trade receivables, beter than 2016
agree wt Ven, increase in capex in order to achieve double digit grow in revenue and bottomline

Posted by Invest33 > 2017-11-27 21:42 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5617581

Posted by Fly_universe > 2017-11-28 18:02 | Report Abuse

QR out. Not bad. I study first, then give comment.

Posted by ljmeng > 2017-11-28 18:02 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5619321

Posted by KLCI King > 2017-11-28 18:02 | Report Abuse

Fair result

Posted by Wong Yong Keong > 2017-11-28 18:15 | Report Abuse

Net cash improve , not bad

Posted by dalpinia > 2017-11-28 18:26 | Report Abuse

Bery good QR, most undervalue of ems counters vs skpres n VS

Posted by dalpinia > 2017-11-28 18:26 | Report Abuse

Should gap up more, PE damn low, worth to invest

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

For me, this result is considered above expectation.
Short term target RM0.73. (1 week)
Middle term target RM0.90 (1-2 month)

Posted by Fly_universe > 2017-11-28 18:44 | Report Abuse

Highlight of the QR:

- Cash flow improve a lot.
- Overall cash and balances also jump to the height of 72 mil.
- Gearing has dropped to around 0.78.

Overall I am very pleased with the result, and will anticipate more to come.

Posted by kkteng70 > 2017-11-28 19:09 | Report Abuse

good job ...

Posted by Maxwerl Won > 2017-11-28 19:09 | Report Abuse

Not bad QR. Worth to invest.

Posted by Larrytrader > 2017-11-28 19:13 | Report Abuse

Good qr

Posted by Antman > 2017-11-28 19:49 | Report Abuse

Thanks fly universe bro for you highlight...we are still eagerly waiting for your more updates on the agm sharing.Haha

Posted by andyhard > 2017-11-28 20:00 | Report Abuse

hi fly,

do u have the details of the line expansion it has done with the cash call ?

Posted by Op3rs > 2017-11-28 22:53 | Report Abuse

ven bro, havent u thought of the opportunity cost for investing in eg?

Posted by kkteng70 > 2017-11-29 09:35 | Report Abuse

it has been cheap for long time !! Why still stuck here ? must be something . if you refer back last few q. except last Q not that good.

Posted by kkteng70 > 2017-11-29 09:37 | Report Abuse

I am agree with VenFx. low pe compare to other EMS. very good prospect, bright future. it has been expanding since 1 years ago. but share price stuck. what I can see everthing is ready but stuck. any one can explain ? or ?

Posted by Albukhary > 2017-11-29 09:49 | Report Abuse

That day at NKVE Shell Station, I saw two EG Industries truck carried 40ft container. Seems like very good business, because they have their own truck and own container.

Posted by wiki123 > 2017-11-29 09:54 | Report Abuse

Like!!

Posted by VenFx > Nov 29, 2017 09:44 AM | Report Abuse

I suspect their next qtr will ship out bigger portion of the Box Build contract from the 150m tranches secured .

Posted by leslieroycarter > 2017-11-29 09:59 | Report Abuse

The risks are limited and all has been factored , just locked it n kept in store until demand comes .

Posted by dalpinia > 2017-11-29 10:13 | Report Abuse

VS and SKPRES PE almost 20+; EG only around 8!!! What are you waiting for, it should be RM1.5 can be achieved in 2018.

Posted by oasis761864 > 2017-11-29 11:07 | Report Abuse

Cash flow improve enable to expand more
No improve in net profit margin may due to corporate exercise expenses capture in this qtr
Wait for next qtr Box Build contract !!!

Posted by KLCI King > 2017-11-29 11:10 | Report Abuse

it needs dramatic results or re-rating from big guys to rocket the price, fair result like this will get it price dingdong here & there.

Posted by KLCI King > 2017-11-29 11:11 | Report Abuse

That's my opinion, it's free & not worth a cent

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

If you guy wan success in malaysia stock market you must become no brain investor 。because malaysia stock market is 90/10 。if you become tat 10% you will lose money 。 that why you can see people always say follow trend follow trend

Posted by kkteng70 > 2017-11-29 15:06 | Report Abuse

dalpinia some time it is very hard to compare. but I can assure one thing "VS and SKPRES PE almost 20" both of them have the same customer. if you really go to the report deeply. whihc I think EG lose that same customer recently !! even they are same EMS. if you look at gtronic, penta and etc, they all PE very high if you compare with EG.

Posted by kkteng70 > 2017-11-29 15:08 | Report Abuse

VenFx i hope so 2018 the box built is start contributing. hope it work. that is the last chance. I did not know what elso the CEO going to to comment next.

Posted by Fly_universe > 2017-11-29 16:01 | Report Abuse

If we say having Dyson as customer assures that share price will have PE 20, then what about these EMS companies that do not have Dyson as customer?

Uchitec - PE 24.7
Salutica - PE 26.5
Bslcorp - PE 18.8

Having Dyson is not the whole story.

Posted by Fly_universe > 2017-11-30 00:42 | Report Abuse

Friends, I have already published the blog on EG AGM.

https://klse.i3investor.com/blogs/Fly_universe/139847.jsp

It is written in Chinese as the whole conversation is done in Chinese. If you have any extra question you may ask me here.

Posted by Guardize > 2017-11-30 01:01 | Report Abuse

thank you fly_universe. good writing ,very detail

Posted by Ckmeric > 2017-11-30 05:15 | Report Abuse

感恩

Posted by Lappier811 > 2017-11-30 08:05 | Report Abuse

Injection molding is the key point. If you want to be in Dyson world....

Posted by dalpinia > 2017-11-30 11:37 | Report Abuse

good, waiting to catch up in line with vs & skpres PE.

Posted by dadada123 > 2017-11-30 11:49 | Report Abuse

https://flic.io/

An unique product, designed and produced by EG.

Posted by Fly_universe > 2017-11-30 12:26 | Report Abuse

Some correction. Flic is designed by Shortcut Lab, and manufactured by EG.

Posted by dadada123 > 2017-11-30 12:32 | Report Abuse

My fault. Fly, u know EG better.

Posted by Fly_universe > 2017-11-30 13:45 | Report Abuse

No problem, dadada. If you understand Flic, you will know it is a very interesting product.

Posted by erdie67 > 2017-11-30 14:46 | Report Abuse

thank you for your sharing. fly u and venfx.

Posted by imnewbie > 2017-12-03 17:05 | Report Abuse

https://www.youtube.com/watch?v=ulwe7YXM80g

An impressive video published last year.

Posted by VenFx > 2017-12-03 17:48 | Report Abuse

This is slightly higher by another than my study from the earlier press.
To summarise, a total revenue from Box built (Tramigo & flic only) will contribute a

$352.6m / 2yrs = $172.3 m (box built during fy2018) * 5.3% to get its np.
While,Pcba segment is experiencing yoy 20% Cagr to $251m/ qtr.*2.5% for np.

Posted by oasis761864 > 2017-12-04 14:54 | Report Abuse

Ven, $352.6mil / 2yrs where can get this info

Posted by oasis761864 > 2017-12-04 16:24 | Report Abuse

Thxs

Posted by Antman > 2017-12-06 23:22 | Report Abuse

172.3 + 251 x 4 = 1176.3 mil revenue, quite close to what MD said previously.. but box build percentage is (172.3/1004 x 100% = 17%) which is far below 30%

Posted by VenFx > 2017-12-07 00:33 | Report Abuse

48.4 + 172.3 = $220.7mil (est.fy2018 Box built )
Vs
Only $163mil during the fy2017, considering almost 35%Cagr .
Booming Sector will eventually raising all boats.

Posted by oasis761864 > 2017-12-07 11:54 | Report Abuse

rm0.665 !!!

Posted by Larrytrader > 2017-12-07 12:17 | Report Abuse

bad

Posted by Antman > 2017-12-09 20:54 | Report Abuse

hi venfx where to get the figure of 48.4 mil?

Posted by dalpinia > 2017-12-12 12:22 | Report Abuse

https://klse.i3investor.com/blogs/reason4invest/140971.jsp

Posted by dalpinia > 2017-12-12 12:23 | Report Abuse

Lowest PE for EMS after VS & SKPRES. The price shall be RM1 at least, undervalued counter, strong buy in recomended