EG INDUSTRIES BHD

KLSE (MYR): EG (8907)

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Last Price

2.00

Today's Change

+0.02 (1.01%)

Day's Change

1.98 - 2.02

Trading Volume

1,219,700


22 people like this.

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

Posted by Investing_Bursa > 2020-07-15 15:58 | Report Abuse

Lol.....huitan really all out to push it down....very good !

Posted by Investing_Bursa > 2020-07-15 15:59 | Report Abuse

Clearly not using his head to think....lol

Tracy123

38 posts

Posted by Tracy123 > 2020-07-15 16:45 | Report Abuse

Just received 1.9% interest from EG-PA yesterday, compare to recent bank FD consider ok to me.

imnewbie

162 posts

Posted by imnewbie > 2020-07-15 18:36 | Report Abuse

@tracy123
Do we need to spend extra money if we convert the eg-pa to mother share?
tq...

Huitan

188 posts

Posted by Huitan > 2020-07-15 18:37 | Report Abuse

Common sense lah, preference share is better then ordinary share. If you convert to ordinary share, consider a huge loss. Some more this pa have 1.9sen dividend annually.
Don't mislead others that convert PA to ordinary share need to pay extra 0.95.
Others see yours comment will know how shallow you are.
Tracy get 1.9sen dividend, not 1.9%
Base on current price is more then 5%

imnewbie

162 posts

Posted by imnewbie > 2020-07-15 21:07 | Report Abuse

@huitan

0.95? That is issue price when subscribe last time, right?
What i mean is, if we convert PA to ordinary share, do we need to pay more exercise money, same like warrant?

TQ!

Huitan

188 posts

Posted by Huitan > 2020-07-16 00:12 | Report Abuse

Hello, you convert PA, EG will say thank you. They don't have to burden yearly divided, since their cash flow will very tight for the coming few quarter.
If you have PA want to convert, just tell your reminser, they will settled with zero charge.
I never convert PA , because a company with Preference share, better avoid, Example Yongtai.
In EG case, PA hardly sell at open market, force to convert to ordinary share to dump.
A huge selling coming
Boh zao si.

Huitan

188 posts

Posted by Huitan > 2020-07-16 00:18 | Report Abuse

For today announcement, this guy yesterday get 20k ++ dividend. Today convert , few more days you will see the share price plunge, dispose 1.2m shares. If nobody support, 0.2x coming.
Congratulations to all those believers and supporters.

imnewbie

162 posts

Posted by imnewbie > 2020-07-16 06:03 | Report Abuse

ok, thx.
Let see if u are correct in coming days.

Teresa55

81 posts

Posted by Teresa55 > 2020-07-16 10:10 | Report Abuse

Huitan u are right 1.9 cents,PA concertion 1 to 1 but interest only paid for 5 years once mother move PA will follow

Huitan

188 posts

Posted by Huitan > 2020-07-16 10:25 | Report Abuse

Fuh, market reflect directly for the announcement, huge selling queue, and less buying queue.
Again ,boh zao si.
5 years term PA, 3 years onward can convert to ordinary share.
Wait and see how many convert . Assume 15 million convert and want to dump, how low the share price will be?
Will break the lowest record?

Posted by ming8501 > 2020-07-16 11:50 | Report Abuse

keep transfer share? why?

Tracy123

38 posts

Posted by Tracy123 > 2020-07-16 14:48 | Report Abuse

Thanks Investing_Bursa , most recent announcement Thailand listing?

Huitan

188 posts

Posted by Huitan > 2020-07-16 16:45 | Report Abuse

Shit, today can't average down at 0.33
But tomorrow sure can sell at 0.3.
Everybody ready?

Huitan

188 posts

Posted by Huitan > 2020-07-17 09:58 | Report Abuse

Yesterday bursa halt, so delay one day 0.33 come.
Chinese say , 该来的终须会来。
Today can average down at 0.33
Monday can cut loss at 0.3
Eg bosses want to thank you all.
you all simply the best for take my rubbish share.

Huitan

188 posts

Posted by Huitan > 2020-07-17 13:33 | Report Abuse

Yesterday almost 400 lots queue for 0.335 when bursa halt.
Today magic show all disappeared.
Eg sky high price buy mask machine, but all trader spread Eg produce mask machine.
Kena sangkut and spread buy call to escape.

Tracy123

38 posts

Posted by Tracy123 > 2020-07-17 15:37 | Report Abuse

Huitan, WC expire 11/19-Alex Kang and Terrance Tee already transferred to ikan bilis,with mother price @0.34 and WC @ 0.04 , convertion price add another 0.42 , can him raise 29M from ikan bilis?

Huitan

188 posts

Posted by Huitan > 2020-07-17 18:20 | Report Abuse

Aiyoyo, you don't have to worry about that.
You just see Lambo, INIX, smtrack, orion and many other rubbish counter. They issue new share. They goreng up a bit, make the counter hot hot, then they will pass the rubbish.
Now is the 10 years never seen golden time to trap all youngster and aunty uncle.

Huitan

188 posts

Posted by Huitan > 2020-07-17 18:22 | Report Abuse

Same as EG, they used to be like that. Every 3 years.

imnewbie

162 posts

Posted by imnewbie > 2020-07-17 19:48 | Report Abuse

huitan, so u mean in coming months, eg will be goreng high high la.

ZoomUp

29 posts

Posted by ZoomUp > 2020-07-18 20:51 | Report Abuse

Eg will bounce back next week

Xoxking3

175 posts

Posted by Xoxking3 > 2020-07-19 15:26 | Report Abuse

Next goreng Lambo, 0.08

mf

29,214 posts

Posted by mf > 2020-07-20 05:01 | Report Abuse

‘We need to close down’ — Florida reports more than 10,000 coronavirus cases for fifth day
PUBLISHED SUN, JUL 19 20204:54 PM EDT

Huitan

188 posts

Posted by Huitan > 2020-07-20 13:25 | Report Abuse

Another round of share disposal. Congratulations for those selling just now.

unomi12

342 posts

Posted by unomi12 > 2020-07-20 14:23 | Report Abuse

i think it will fly up later, be ready since those who has dispose earlier , time to rebound :D

Lau1668

54 posts

Posted by Lau1668 > 2020-07-20 16:16 | Report Abuse

Any TP for Eg?

Posted by abc123_2020 > 2020-07-20 17:14 | Report Abuse

tomorrow EG will fly..goverment maybe oblige the public to wear mask

imnewbie

162 posts

Posted by imnewbie > 2020-07-20 18:56 | Report Abuse

For local mask market, i dont think EG can compete with china mask in term of price. I myself oso buy mask from china, i think most malaysian will do so. For eg investor, they better focus on their ems core business. I m quite worry to their cash flow next quarter.

Teresa55

81 posts

Posted by Teresa55 > 2020-07-20 21:37 | Report Abuse

Alex Kang said cash flow no problems for the next 3 years

greedy44444

2,497 posts

Posted by greedy44444 > 2020-07-21 05:58 | Report Abuse

Now ppl use homemade masks so there's no shortage of mask in Malaysia. China almost no case so they now export billions of masks overseas. Sell glove better.

Huitan

188 posts

Posted by Huitan > 2020-07-21 14:21 | Report Abuse

Today t+1, tomorrow t+2
Let guess tomorrow how low it will be? 0.32?
Yesterday 6.8 million share traded, more then 2million traded above 0.36
Geng chow lol

greedy44444

2,497 posts

Posted by greedy44444 > 2020-07-21 21:19 | Report Abuse

Tomorrow EG limit up

greedy44444

2,497 posts

Posted by greedy44444 > 2020-07-21 21:27 | Report Abuse

Maybe after gomen make it compulsory for ppl to wear mask, EG could fly for a few days, get ready to take your profit !

Santiago

465 posts

Posted by Santiago > 2020-07-23 15:03 | Report Abuse

Facemask compulsory frm 1 august

Musfaz83

619 posts

Posted by Musfaz83 > 2020-07-23 15:19 | Report Abuse

wow

joni

1,259 posts

Posted by joni > 2020-07-23 15:36 | Report Abuse

moving to 400 then 425

bktay123

190 posts

Posted by bktay123 > 2020-07-23 15:41 | Report Abuse

moving and active

Posted by Investing_Bursa > 2020-07-23 15:43 | Report Abuse

Very good move today !

Musfaz83

619 posts

Posted by Musfaz83 > 2020-07-23 15:47 | Report Abuse

tgt 49.5sen

joni

1,259 posts

Posted by joni > 2020-07-23 15:55 | Report Abuse

450 coming fast

bktay123

190 posts

Posted by bktay123 > 2020-07-23 15:55 | Report Abuse

0.43

Musfaz83

619 posts

Posted by Musfaz83 > 2020-07-23 15:56 | Report Abuse

resistance 45.5sen

Hush77

1,265 posts

Posted by Hush77 > 2020-07-23 16:00 | Report Abuse

EG beneficiary of the fask mask compulsory ruling...they produce facemask machine...

Hush77

1,265 posts

Posted by Hush77 > 2020-07-23 16:07 | Report Abuse

like oceancash.. facemask counter now all go up

Hush77

1,265 posts

Posted by Hush77 > 2020-07-23 16:12 | Report Abuse

earlier vaccine play, now face mask play? huat ah!

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