Surprisingly a lot of a.k.a long term investors still here, I am still remember i left this counter when it break the support at Rm0.65-0.66 in Feb. Like what i said previously, buy the share by following the trend or theme, it much easier to make money, dont even try to buy the down trend stock if u are not expert.
“JDA, licensed manufacturing warehouse, licensed warehouse, free zone, these are considered to be special areas and there is no (SST) within and between these areas,” she saidd.
If one wish to have an outlook of the EMS company, saying a 2-3 years duration. He may interested to a review on the 'capital funding' planned .
As u may notice, EMS sector are Blossoming in Malaysia region . Thus, the continuing of capital is crucially to ensure a better position and steadily growth in order to be able to ramp up to higher level of the value chain .
IN EG'S CASE,
FUNDS#1 (R.I.Nov'15) : 100% of $57mil utilised on 31/3/18 FUNDS#2 (R.I.Oct'17) : 38% of $40mil utilised on 31/3/18 *** Excl.$10mil from funds#2, bcoz not contributing as 'growth capital'. FUNDS#3 (70mil. shares Eg-wc exp. Nov'20) : $30mil. expected by Nov,2020 FUNDS#4 (67mil. shares Eg-Pa exp. Oct'22) : $60mil. expected by Oct,2022 *** Dont forget if the Thai Unit IPO through, another capital unlocked then.
'Retained profit' : $109mil. as on 31/3/18 Average 3 years 'Anual Net profit' : $21mil 'Long Term Borrowing' : = $196mil as on 31/3/18 *** Its normal to have Short term borrowings eg. BA/TR are for daily trades need.
So, what are wee expecting from the above ? Simple ... EG need to deliver us with an anually x 20% growth or to be able to hit a $40mil net profit by at FY20 .
THE LOUDER TRADE WAR SHOUTED , THE BETTER PERFORMANCE in Malaysia manufacturing contracts . Most IBs will be able to examine war trade impact from earlier negative to positive perspective. BOD opportunity for EMS sector $$$
The Department of Statistics said the significant increase in sales value was due to the increase in Electrical and Electronics Products (9.2%), Petroleum, Chemical, Rubber and Plastic Products (7.3%) and Non-Metallic Mineral Products, Basic Metal & Fabricated Metal Products (6.0%).
Compared with the preceding month, the sector’s sales value increased by 2.7%.
when you need to look too hard into a company to justify a bargain. said NEXT pls. that is all. With such, you are humble enough to admit you ain't that biz smart. God shall reward you with a more beautiful girl on next turn. "yeh mota hisaab hai"
What is so good about it? This is a cost based industry, is EG one of the higher or highest value providers?
Im not too sure, my research isnt as deep. Do you mind elaborating? Im curious.
Posted by VenFx > Aug 11, 2018 12:53 AM | Report Abuse
Jon, my answer is simple for EG Its 2016 Capex of $57mil is ripe to deliver their ever best results by latest 1Q2019 ... TIME FOR EG TO SPEAK FOR ITSELF :)
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....
anonymous91
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Posted by anonymous91 > 2018-07-16 17:12 | Report Abuse
Might gap up tomorrow ... stay tuned