the IPH license is the last to be awarded, from then on it will be for regional procurement hub. expect eg to benefit greatly moving forward in terms of taxation and improving margins
dont bother about market noise if you have faith in this counter, not many counters like EG in malaysia with this revenue, although the margin is lacking
EMS player dead already...this EG is one of printed circuit board...you know how many PCB company outside?listed & non listed?... Current margin only 2% ?...USD strengthening not benefiting EG at all as margin continue to drop.
With oversupply PCB player out there plus minimum wages policy will spell bad omen to PCB & EMS player like EG,VS,SKPRES,Salutica & in the end those upstream player semicon like UNISEM,MPI,INARI, & GTRONIC will flow
The main thing is trump tariff on China, EG will benefit and there will be complete rerating of the company and margin will improve tremondously. The company production facilities mostly located in Thailand so not much effect on Malaysia minimum wage.
Hope it continue to drop more. I want to collect. Money too much until can’t spot any other better stock. This is one of it with great potential to shoot up
Read the above article, most PCB are manufactured in China, Trump tariff will completely alter the Industry which will shiff to SEA and EG being a long estabilish plant will be the main beneficary with increase profit margin.
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....
Davidl
1,816 posts
Posted by Davidl > 2018-08-20 09:45 | Report Abuse
Very strong uptrend!