Expansion business for box built is REAL. but the biggest issue is "what customer coming in ? " did they tell us ? what about if everything ready but NO CUSTOMER GIVE ORDER ?
haha... dadada123 only 2 thing here. some one has been wolf small investor like us for pass 3 years. If you go though what he said or what he did (including he bough the share back another option is of course when share price go real down trend to real bottom. will rebound as well. Well if from 80 cent last right issue price(95cent) Slam down to this price 53 cent then push up back to 70 cent. whihc mean we got Kena "Kang" again . because base on what did the announcement Such as expansion, start with BOx built, Start running production staff like that !!! the after ex right date . share price shouldn't be like that.
Let's look at Skpre..JHM, VS . those also Contract manufacturing factory. look at their trend of share price. for sure DOW slam 1000 ++ , their price slam as well but Dow technical rebound , those counter rebound too. unfortunately thise guys fom 63 cent cirit birit till today.
@Tom I still remembered the day after i post comment, EG got increase a little bit, then once again break my cutloss point at 0.66 on the next day, so i decided to cutloss, just a single cent losses. Now i still waiting the right time to buy back EG.
Posted by dadada123 > Feb 13, 2018 11:28 PM | Report Abuse
@Tom I still remembered the day after i post comment, EG got increase a little bit, then once again break my cutloss point at 0.66 on the next day, so i decided to cutloss, just a single cent losses. Now i still waiting the right time to buy back EG.
0.66 is the lowest support point since October 2017, and a few times try to break in Nov&Dec. once break, mean u must leave EG. In contrast, now 0.66 became bigger resistance for EG, no further story if EG didn't break this resistance point.
UOB KAY HIAN RESEARCH (JAN 22): EG's aspiration to expand group margins via its higher-margin box-build segment now requires a longer time to achieve the full earnings impact. Nevertheless, the box-build factory is already contributing positively to the group's earnings and running at about 70% utilisation rate. To recap, EG ventured into the box-build business in FY14 and the segment contributed 16% to its total revenue in FY17. We estimate the segment to account for 18% of group revenue in FY18, driven by higher orders from its customers, primarily Flic and Trimigo.
Similarly, contribution from the printed circuit board assembly (PCBA) segment is expected to grow slower than expected in FY18, thanks to benign order volume growth and material sourcing issues. Management guided that the multilayer ceramic capacitor, a type of packaging for integrated circuits, is facing some supply crunch globally due to an increase in demand and disciplined capacity expansion by major vendors.
Despite the minor blip in the PCBA segment in FY18, we are positive on the development of the division as we understand that the group is securing a potential customer, which will reduce the concern of customer concentration risk.
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....
Patron
1,173 posts
Posted by Patron > 2018-02-10 11:57 | Report Abuse
no. I always discount 30-40% of what people said. but when it comes to crooks. I discount 80%.