some ppl may think eg is cheap now, if you yet to buy pls think twice, eg profit margin is average arround 2%, do you think it will be profitable if us$ ease its strength beginning next year? what about key customer order cut & product end of life may arise soon? higher overhead cost of operation taken accounted. you will see new low again
One if only view the blind spot of EG for it's pcba biz margin census, May simply not able to look can EG's good side.
I append here the below :-
NTA = $1.20 per share (your money are asset backed, highest amongst its peer); apa lu mau lagi ? E.p.s. = 6.1. Cents Debts : 95% are short term trade finance. (Good job to the charming CFO) Potential catalyst : ramping up production after acquiring its neighboursing plant ; Thai unit ipo materialised , marching into 4.0 industrialisation for excellent production efficient . Could EG turn into a net cash EMS player ? Perhaps in 3-5years ?
tell you the true, eg total debt is 1.5x times more than its market capital, in good time also not able to turn into net cash, you think it will do in coming bad time? avoid at all cost...
1)Cash = 36m 2)Short term debt = 174m (compared to their 1qtr 250m revenue, do you know what its mean? Debt still very high aah ? Clearly answer no... ; Debtors aging almost within 30 days), so whats are the risk ? 3)Long term debt = 9.4
ME : what laid ahead coming this 1 month has crucially impact over the global economically outlook ... Answer is clearly the junk bond rating and the development of the CHIN - UD trade tariff .
Fed rate shall has definitely reflected from the above development.
U cacth them on rite time... u might be able to strike back handsomely in 2019 ... Lets c how tough is dji defencing its base arounf 23000 pts.
Only those keep stock on hand and losing money (angry bird) keep promote hw gd EG. Those cash on hand will only do smart invest buy when market crash. Smart or dump, future will see. Knowledge and experience are too important. Let's watch the show.
follow market trend, only accumulate when cheap. Probably 0.35-0.40 study index chart. EG in downtrend. sell now, buy cheaper. fund manager only support blue chip company at this moment
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....
Junior12
7 posts
Posted by Junior12 > 2018-12-07 09:25 | Report Abuse
This counter was manipulated by someone... Bought 50cts 100unit then throw 47.5cts... Crazy...