I would like to crop and share the below from EG's 2018 annual report. I see it a reasonably and progressive well by EG .
"Beyond the land size, EG has set in motion our goal of moving towards Industry 4.0. In this respect, the newly- acquired land and factory will be the Group’s first fully automated manufacturing facility, where we will be allocating RM30 million for CAPEX in FY2019 to fund the purchase of automated machineries and equipment for the newly acquired plant. "
ME: Congrats to both Dato T.t. & Dato Alex kang, Not forgetting EG's teamate as well... Hope 2019 will be the good year ahead for all of EG sharesholders. http://www.klsescreener.com/v2/news/view/450956
Budget 2019 has been viewed as a testament to Federal Government’s, Pakatan Harapan (PH), ambition to accelerate the adoption of Industry 4.0 in Malaysia among businesses, says Garner Inc. http://www.klsescreener.com/v2/news/view/452968
SHALL WE EXPECT MORE DRAMA FROM EMS's IF RM:USD at 4.20 ? MY OBSERVATION TELL ME CERTAINLY YES :) HOW IS YOUE EMS COUNTERS PERFORMANCE OVER THE PASS ONE WEEK ?
LET'S REVIEW WHAT HAPPENING FOR THEESE EMS's SINCE LAST WEEK :-
FPI / PIE / JHM ... see all above dollar performed well be it their latest quotter results or share price since last week .
EG the few undiscovered EM's below dollar , shall follow ? I let it to the market ... Hope u all here have a good days ahead.
Quick view and my thoughts from EG's 1Q19 report ;- 1. Profit reduced by 30% , due to 2 of its key mixed products come to its End of Life (acceptable,as Eg has ongoing its new products at stages to be tested.)
2. Management said pottential chalengges still the shortages of passive micro components / higher wages /and fluctuations of Rm vs Usd ? (I believe this is not a major threatening as macro start favoring local ems)
3. Positive site, management will push forward since the acquisition of new neighbouring plant will i crease their Production Capacity by as much as 80% ... i think this is the killing point for EG's coming quatter. Management also mention they received few enquiries from China n multinational corporate.
ME : Overall all i continue confidence with the domestic ems players with their commitment to delivery continuing higher value chain and readily production floor to be ramping up quickly .
2morrow very likely to hit the 0.450 that Tom wishingsince 2015 ? Hehe, maybe. Why not ?
Venfx got too much in Going to Egypt/EG in percentage term of your own portfolio. U should reduce n move on. This company seems like just run a mill so so company.
B4 result, u barking like a directionless dog. Saying high usd la, export theme la, wat the hell ems player.. all kind of bullshot liar. Now result out, terus diam. Speechless to c wat,a rubish result. Shame on u, sorhead
eg how high of revenue will maintenance is earning at 6-7 cents per year and keep no divided paid up , this is CEO & CFO policy for manority shareholder.
Lets view whats has improved during the few months after PH overhaul & re-energise Malaysia economy. FDI forwarded outlook has increased tremendously by 370% https://youtu.be/ZGMDYYuDrxo
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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....
rojakmee
1,210 posts
Posted by rojakmee > 2018-10-23 12:27 | Report Abuse
There is buying at a lower price and with volume eargerly waiting