EG INDUSTRIES BHD

KLSE (MYR): EG (8907)

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Last Price

1.94

Today's Change

-0.05 (2.51%)

Day's Change

1.94 - 2.00

Trading Volume

291,300


22 people like this.

13,921 comment(s). Last comment by mf 1 month ago

VenFx

14,784 posts

Posted by VenFx > 2019-02-15 12:00 | Report Abuse

This round Dato TT & Dato Alex
really skillfull on how to buy low.

Good take, as currently EG didnt attracts any speculators.
Purely in sapuing their own tickets into a much strong hand.

Market float share less than 43% by now, still buy back aggressively by the management.

Most investors still apply kiv currently...(lets see what's blow next)

VenFx

14,784 posts

Posted by VenFx > 2019-02-16 11:43 | Report Abuse

迎战 工业改革4.0 , 是下一个5年 决定工厂继续生存 关键。
https://youtu.be/3gUKtFcRVZY

VenFx

14,784 posts

Posted by VenFx > 2019-02-16 11:54 | Report Abuse

How "EG-IPC" can offer for EG's shareholders benefits ?
Would it increase the inventory at much lower cost and lead to a drastically decrease for the short term trade finance cost... personally i think its a yess.
Hope Dato TT & Dato Alex ascertain the minor shareholders through their corporate press materials.
It is necessarily to gauge well with all the shareholders for every cents invested stay imformed for the development & the progress .
https://youtu.be/2BXD6NALPVc

newbie4444

1,264 posts

Posted by newbie4444 > 2019-02-16 22:13 | Report Abuse

Sold at 48 sen. Wait <45 sen buy back. Heard RM 12.35 million use to buy factory. Sure next QR bank borrowings will increase.

Hustle

3,615 posts

Posted by Hustle > 2019-02-16 23:46 | Report Abuse

Not really understand with bank borrowing will increase?

Hustle

3,615 posts

Posted by Hustle > 2019-02-16 23:47 | Report Abuse

Borrow money to do share buy back?

Hustle

3,615 posts

Posted by Hustle > 2019-02-16 23:49 | Report Abuse

Raise money with right issue recently then borrow bank again? Do you really understand the way of fund raising?

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 00:06 | Report Abuse

IPO is use for fund raising if the company already doing SBB, bank borrowing sounds like a redundant job.

Posted by Roger Lim Tau Kiat > 2019-02-17 11:58 | Report Abuse

@newbie4444 you buy 2 lot only? Friday 10am++ only 2 lot traded at 48sen.

newbie4444

1,264 posts

Posted by newbie4444 > 2019-02-17 12:03 | Report Abuse

RI not in 2017? In 2017 got buy factory? RI money finish already haha. SBB money fall from sky? Won't be surprised another RI in 2019/20.

VenFx

14,784 posts

Posted by VenFx > 2019-02-17 12:34 | Report Abuse

(Reposting an old comment - Market shares Float)


Jan 22, 2019 04:17 PM | Report Abuse 

Lets shake some facts yaa :-  

1. 50% of the tickets are on the Top 30 shareholders hand...  

2. $9.4mil long term debt / 35.7mil cash .Debt gearing is only 0.263  
Why most peopples cant get it rite ? 
Ignore the Short term debt lah , 
its for their trade financ. Besides, the CFO do a great credit controls with almost their receivables collectable within 30 days. 

When things start developed at faster path, with less n lesser ticket in the market BOOming to moon loh.

VenFx

14,784 posts

Posted by VenFx > 2019-02-17 12:37 | Report Abuse

(REPOSTING AN OLD COMMENT # 2)
Lets Re-look for EG,(CAPITAL PLANNED AHEAD) 

If one wish to have an outlook of the EMS company, say a 2-3 years duration. 
He may interested to a review on the 'capital funding' planning . 

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 .

21/07/2018 18:07

VenFx

14,784 posts

Posted by VenFx > 2019-02-17 12:40 | Report Abuse

Above sharing just my humbly facts sharing, it doesnt intend to lead or promote the particulary stock. But, to show where is EG direction ...
enjoy your journey egian.

VenFx

14,784 posts

Posted by VenFx > 2019-02-17 12:52 | Report Abuse

Yaa, EG's Long Term Debt just merely a 9.6mil
(yet to book-in its 12.6mil neighbouring facility base).

As long as their cash operated from core biz increasing plus lowering of the short term debt(with ipc & its latest smart factory 4.0 ) i trust eg will heading to a much better quantum.


However, above just basing my own view havent been clarified or evidenced from its qtr results.

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 15:13 | Report Abuse

If you really tought the SC will allow a company that currently doing SBB and come out with RI again?

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 15:15 | Report Abuse

If that happen you are not invest in IPO already probably you are invest at scam lol

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 15:16 | Report Abuse

By the way don't think that a banker will retard enough to give loan to the SBB company

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 15:28 | Report Abuse

If bank always approve loan to SBB company sounds like lots of company will become cash rich lol

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 15:32 | Report Abuse

Spend on factory expansion is consider good debt else you will not see the increment of NTA figure

Posted by gxfacai88 > 2019-02-17 15:35 | Report Abuse

newbie4444 RI not in 2017? In 2017 got buy factory? RI money finish already haha. SBB money fall from sky? Won't be surprised another RI in 2019/20.
17/02/2019 12:03


No more RI 2019, but DIVIDEND 2019!!!

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 15:36 | Report Abuse

If RI really looks so vital possibly we can get sapura with free lol

chamlo

1,288 posts

Posted by chamlo > 2019-02-17 17:23 | Report Abuse

You don't know E&O come with RI after SBB?

Posted by Hustle > Feb 17, 2019 03:13 PM | Report Abuse
If you really tought the SC will allow a company that currently doing SBB and come out with RI again?

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 21:27 | Report Abuse

From the record E

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 21:32 | Report Abuse

EO RI is at 2015, bonus share is at 2015

Hustle

3,615 posts

Posted by Hustle > 2019-02-17 21:57 | Report Abuse

SBB only happen at 2019 please la don't dig up out date info

Hustle

3,615 posts

Posted by Hustle > 2019-02-18 10:22 | Report Abuse

You mean Luke lousy father? lol

Hustle

3,615 posts

Posted by Hustle > 2019-02-18 10:54 | Report Abuse

Yup especially deal with pussy ceo even have good fundamental also lose his balls to maintain his company reputation

imnewbie

162 posts

Posted by imnewbie > 2019-02-19 15:05 | Report Abuse

first of all, i dont put too much expectation on the coming qr since the increase cost and shortage of raw material, but both revenue and profit will remain stable.

what attract me is the new plant that will operate few months ahead. EG had mentioned in the website that this new factory will focus on 5g product, it seems to be a hint to us that coming contract will b related to 5G. Wait n c...

imnewbie

162 posts

Posted by imnewbie > 2019-02-19 16:13 | Report Abuse

http://esmtt.com

wiki123

2,447 posts

Posted by wiki123 > 2019-02-21 14:11 | Report Abuse

EMS

k6ii

1,873 posts

Posted by k6ii > 2019-02-21 15:38 | Report Abuse

I never know is the new plant is for 5G customer. But I know is for telecommunication company

Crasd123

729 posts

Posted by Crasd123 > 2019-02-21 22:08 | Report Abuse

EG ia spend to buy SMT at Sg Petani.
I workking in EG
boss Singapore mr Wong Kin Tiobg

Crasd123

729 posts

Posted by Crasd123 > 2019-02-21 22:09 | Report Abuse

Eg running 4 shift work
1am to 8 am
9am to 4 pm
5pm to 1am,.
1 to B

k6ii

1,873 posts

Posted by k6ii > 2019-02-22 11:26 | Report Abuse

Crasd123:..wow...is it new plant for telecommunication customer or for the mining?

klmly2

587 posts

Posted by klmly2 > 2019-02-26 09:55 | Report Abuse

Talk so much (VenFx nonstop talking since RM1++) but counter still sleep and boring some more look like dying. Banker/Investor not interesting at all on company share buy back issue. Another failure of EG...

VenFx

14,784 posts

Posted by VenFx > 2019-02-27 09:54 | Report Abuse

Dont be naive !
Your way of pointing make you look silly !

今天应该 出业绩了 
如果 明天才出 坏多过好
Net profit 少过4.1mil 话, 也会ggg ...

不过,0.430真的很强 !

newbie5354_

1,303 posts

Posted by newbie5354_ > 2019-02-27 10:03 | Report Abuse

You mean VenFx? Everywhere got him sure got fight?

4444

1,800 posts

Posted by 4444 > 2019-02-27 10:16 | Report Abuse

QR out?

klmly2

587 posts

Posted by klmly2 > 2019-02-27 11:49 | Report Abuse

venfx talk facts from EG RM1++ until now
how many ppl listen his fake facts nw?
kikiki...

Posted by KUKU JIAO PUNTER > 2019-02-27 12:28 | Report Abuse

hahahah in bursa you can never believe anybody, in i3 even more so

Posted by KUKU JIAO PUNTER > 2019-02-27 13:11 | Report Abuse

hi dragon what happen to your warrant game? table closed liao ah kikiki

Posted by anonymous91 > 2019-02-27 18:15 | Report Abuse

Results not bad

Posted by anonymous91 > 2019-02-27 18:15 | Report Abuse

Prospect -->automated and more enquiries from China (perhaps Huawei)

Posted by anonymous91 > 2019-02-27 18:55 | Report Abuse

Haha all putus asa already

VenFx

14,784 posts

Posted by VenFx > 2019-02-27 19:12 | Report Abuse

Results only fair fair as expected.
Not Sexy at all.
EG management only plan not to fail, not good enough.
We Need EG WIN AWESOMELY !

imnewbie

162 posts

Posted by imnewbie > 2019-02-27 19:33 | Report Abuse

next Q will b better.
Dyson cut production in VS, shift to EG.

Posted by anonymous91 > 2019-02-27 19:34 | Report Abuse

If look deeply they able to save the operating cost which might be the effect of IPH hehe

Posted by anonymous91 > 2019-02-27 19:38 | Report Abuse

Not just Dyson, but China man company like Huawei/Vivo/Oppo lol

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