Posted by sammyteoh > 2015-05-29 11:00 | Report Abuse

What happen....not moving at all ???

Posted by ethankin > 2015-05-29 11:29 | Report Abuse

Will surge on monday, trust me...

Posted by lkwah86 > 2015-05-29 14:59 | Report Abuse

see the financial result will release today or not

Posted by ethankin > 2015-05-29 19:07 | Report Abuse

Financial result not good

Posted by soros228 > 2015-05-29 21:19 | Report Abuse

Ethankin
What's the TP for EG?

Posted by ethankin > 2015-05-29 22:44 | Report Abuse

No target. But just trouble EG will drop on next Monday. I will run away if drop below 70 cents

Posted by Ven Felix > 2015-05-30 00:09 | Report Abuse

Those still keep tract in this sector might chk on Lcth. Very good com. Back by Singapore Yu Fu. In comparison to Geshen they are inexpensive. This Eg juz Kiv first, no harm to shift to Lcth. Their bosses are very kind and sincere people.

Posted by Ven Felix > 2015-05-30 00:11 | Report Abuse

Technically, Eg are on its consolidation mode. Only can c result if turning around program well implemented timely.

Posted by Ven Felix > 2015-05-30 00:12 | Report Abuse

Its considre fairly traded @$0.71-75.

Posted by yeong55 > 2015-05-31 17:24 | Report Abuse

disappointed with t result

Posted by Ven Felix > 2015-05-31 20:56 | Report Abuse

Look like things are still unclear over Tearance turning around program. Pending a more detailed information .

Posted by Ven Felix > 2015-05-31 20:57 | Report Abuse

LCTH hv better shape and more countable Board.

Posted by Ven Felix > 2015-05-31 20:59 | Report Abuse

For Eg , after acquisition. My concern is provided extremely low margin ; how the management generates their Free cash flow ind future.

Posted by Ven Felix > 2015-05-31 21:01 | Report Abuse

Hey, Tearance we are very lack and thirsty for your more friendly investor relationship adopt. Er ..is there any ???

Posted by Ven Felix > 2015-06-01 10:35 | Report Abuse

I'm trapped, nxt options; where am I to place my entry again ? $0.6++likely ? Hopefully it juz well done but not overcooked.

Posted by Johnnys > 2015-06-09 20:27 | Report Abuse

See you below RM0.60 before right issue.

Posted by Ven Felix > 2015-06-10 09:34 | Report Abuse

He he ! Anybody want to crash down easy to $0.50 for Tearance ???

Posted by Ven Felix > 2015-06-15 10:47 | Report Abuse

T.T. are you not going to crash Easy to $0.50 ?

Posted by Ven Felix > 2015-06-22 18:46 | Report Abuse

Well, Lcth is going to break its recent Resistance level. Geshen will follow through. Eg case a pause rite now. Only re enter if the turning around program come to a more solid ground . By the way T.T. 's entrepreneurship ? Is he good ?? At least for this juncture I don't see it. Come on T.t. we need more detail, we can wait hehe.

Posted by Ven Felix > 2015-06-22 18:48 | Report Abuse

As I said , how to turning a merely 1% margin into 5% margin profit wth Fcf improvement of course. Yeap 5% of tgeprofit nmargins . It is an excellent target.

Posted by Ven Felix > 2015-06-22 19:08 | Report Abuse

Hopefully, T.t. will doing well in Singapore too. And solve off whatever is the issues quickly, coz some time as a biz man you lose a bit but win wth bulk. Some time, it turns out to the other way. So, dont mind to lose abit.

Posted by Ven Felix > 2015-06-24 13:21 | Report Abuse

Gentleman, could anybody calculate for the Ex post equity price ? Pls share if any folks from here attend their Egm 10/7/15. My major concern is how to improve extremely low margin of Eg. How the so call vertical programs by T.t can be a magic improvement to above conditions; and like to know how this biz going to be resilience to the makro and domestic operational cost. Hopefully, T.t. have the sensitivity to their small shareholders over here. hehe!

Posted by Ven Felix > 2015-06-24 13:22 | Report Abuse

Predictable, simple, sustainable a great way toward success.

Posted by Ven Felix > 2015-06-25 13:46 | Report Abuse

Shall c shall c, what story from the Egm.

Posted by Ven Felix > 2015-06-25 13:50 | Report Abuse

Lcth are gaining more momentum than usual, furthermore, back by its parent com. Fu yu which holding the cash cow and readily to expand further.

Posted by Ven Felix > 2015-06-26 12:20 | Report Abuse

Guys, shud chk on the circular to shareholder . I think T.t. will try his very best to turn around Eg. Coz d share grant scheme seen to be very genuine scheme to both operator and investors. But, I'm still eagerly to know what & how T.t. can use his ability and linking to improve the margin to what level and time frame for it likely. Coz the cycle are heading to its peak by 2018-2020.

Posted by Ven Felix > 2015-06-26 12:21 | Report Abuse

Structural planning seen ok to me.

Posted by Ven Felix > 2015-07-15 18:26 | Report Abuse

Eg recently lagging doesn't feel rite, could be lack of confidence that T.t. could turn E.g. to a a healthy player in its field versus there are many greater player. Besides, T.t. 's profile doesn't seen is a genuine biz orperator. His Singapore We and Jubilee & Yangshin (forgot the name) doesn't qualify as a quality asset. T.t. recently legal suit could be a damaged to his imej as well. Hmmm,Why it happen bfore the right issue ? Anyway lucky part is we got Lcth, Geshen. Has a bight day ahead. Eg even cant par wth Jhm from the current share trending. It smell doesn't rite at all. Usually most of small fish like me love this kind of corporate development, Professional adding their Stake in particular company that can bring good to the company. This time bteak my glass indeed.

Posted by Ven Felix > 2015-07-15 18:27 | Report Abuse

I'm all in For Lcth & Geshen, whish me ong ong.

Posted by Ven Felix > 2015-07-16 01:25 | Report Abuse

Well done Geshen. Come rite on time. Structural wise stringer than before, sector are diing better and better. Ciuld be leading its peer in the sector, provided structural built to generate better revenue.Overall I'm excited to see further shines from this sector. LCTH/GESHEN/EG (if T.T. wheel it rite on track, no hanky panky).

Posted by Ven Felix > 2015-07-16 15:55 | Report Abuse

Yeah 3, Geshen $0.86; Lcth $0.63 not peak yet. May come back visit here only if Both of my new darling reach its climax. Then, shall c either New development from E.g. bfore add position. Reason are simple , syndicate interested in this sector.They r the whistle blower :)

Posted by Ven Felix > 2015-07-20 00:29 | Report Abuse

Anybody here can shed a light, how this SYS going to benefit us after EG bought a huge load from T.t. ? And still very Blurr.. on the Merit guide line(which stated no prior TARGET or munimum requirements ) toward the granting of the proposed Esgs . Is it a normal practice to the industry ?shud it be another sub conditions for those grantedthe Sgs ? In term of their professional skill , what if they received it and turn to other competitors ? Come on, pls la,, at least set a simple but sinificantly on track with the direction adhere to be achieved lar. Otherwise, it will end up more like hit & run thingy.

Posted by Ven Felix > 2015-07-20 00:37 | Report Abuse

Why the existingly margin are so thin? And how to get over it ? If there are plan for it, what are the archieable margin can be projected and on what kind of time frame ?

Posted by Ven Felix > 2015-07-21 13:23 | Report Abuse

T.t. claimt to be x2 existing revenue to 2.0B after 3 years, that's the overall pic I hv from a public media news. I'm more onto the cycle timing. Ok, what abt the margin ??? It will be impressed if could improve current less than 1%-3% profit margin and in 1.5yrs time. With this achievement You deserve the Esgs. I'll suggest the fair value for Eg to be more than $1.00 posted right exercise. Small fish are excited to follow good results deliver as planned. Gd luck T.t.

Posted by Ven Felix > 2015-07-24 01:56 | Report Abuse

New Age..

Posted by Ven Felix > 2015-07-27 12:30 | Report Abuse

Apparently, u c it, u dun. If all goes as plan, I count on it to win big.My holding time frame 18months or less. If u know something fishy or exciting pls feel free to share.tq

Posted by Ven Felix > 2015-07-31 19:29 | Report Abuse

The Private placement had been lapsed due no payment made in due course. Dont like this kind of thingy. Exit is d nxt necessary thing to do.

Posted by yeong55 > 2015-07-31 21:12 | Report Abuse

Ven Felix , not so fast for the private placement, attended the EGM on 23/7.Many step to go for capital deduction, court approval & new share cert for rm0.50, after only can go for private placement.

Posted by kkteng70 > 2015-07-31 21:24 | Report Abuse

how is thE right likE ?

Posted by kkteng70 > 2015-07-31 21:24 | Report Abuse

right issu ?

Posted by Johnnys > 2015-07-31 22:11 | Report Abuse

wait annou date first. Private placement price is 0.75, no yet make. but will before right issue.

Posted by Ven Felix > 2015-08-01 16:16 | Report Abuse

First is T.T.' s defense of his default payment to his Creditor, now is the lapse of payment for Private placement. The path doesn't seen good . Not much significant catalyst to support Eg exercise. Crucially Eg are in extremely low margin market. Doubts are how they can built up their cash flow.

Posted by Ven Felix > 2015-08-01 16:19 | Report Abuse

Pls chk the Bottom Paragraph
***Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the earlier announcement in relation to the Proposals.

M&A Securities Sdn Bhd on behalf of the Board of Directors of EGIB (“Board”), is pleased to announce that the Board has resolved to fix the exercise price for the Warrants at RM0.50 per Warrant.

The exercise price of the Warrants has been determined by the Board after taking into consideration, amongst others, the following:

the five (5)-day volume weighted average market price (“5D-WAMP”)of EGIB Shares up to and including 30 July 2015 of RM0.71, being the market day immediately preceding the date of this announcement;
the theoretical ex-rights price of EGIB Shares of RM0.58, calculated based on the 5D-WAMP up to and including 30 July 2015 of RM0.71; and
the par value of EGIB Shares of RM0.50 each after the implementation of the Proposed Par Value Reduction.
The exercise price of the Warrants of RM0.50 represents a discount of 29.58% and 13.79% to the 5D-WAMP of EGIB Shares up to 30 July 2015 of RM0.71 and the theoretical ex-rights price of EGIB Shares of RM0.58, respectively.

In relation to the Proposed Private Placement, pursuant to Paragraph 6.13 of the MMLR, payments for the Placement Shares must be made within 5 market days from the date of shareholders’ approval (i.e. by 30 July 2015) (“Payment Condition”).

As the Payment Condition has not been fulfilled, the Proposed Private Placement has effectively lapsed.

 

This announcement is dated 31 July 2015

Posted by Ven Felix > 2015-08-01 16:22 | Report Abuse

Or am I has misread or misjudged .Pls correct me, if so.

Posted by Ven Felix > 2015-08-01 16:31 | Report Abuse

I'm ok to let go , its just consist of 10% of my portfolio.

Posted by Ven Felix > 2015-08-01 17:04 | Report Abuse

Btw, don't know how they come up with the Ex right theory price by $0.58 ;
My simple calculation to get the Dilutionfactor first.
SHARE PRICE NOW $0.68
Before ex right = 0.078bil shares Divided by ex right share is 0.18 bil share;
Si, dilution factor is 0.076/ 0.18 = Ex right price shud b at $0.422 yet it is abt at P.e. 8 compare to 2014 profit.
Another word ; using the claim ex right theory at $0.58 / 0.422 will imply that the Traded price today to be $1.37 wich imply to 18 P.e. THE FiGURE ARE NOT 100% true, But, it shouldn't be too great d different rite ?

Posted by Ven Felix > 2015-08-01 17:09 | Report Abuse

Correction of the above,
So, dilution factor is 0.076/ 0.18 = 0.422 lead to Ex right price of $0.74 (is fair profit 2014 x 10P.e.), u will get $0.31

Posted by Ven Felix > 2015-08-01 17:10 | Report Abuse

My fellow, I'm not necessarily true to my calculation at above; pls correct me if I'm wrong. Tq

Posted by Ven Felix > 2015-08-01 18:05 | Report Abuse

Basing on average of x10 P.e. $5.7mil 2014 profit will make up the ex-right at abt $0.32 ; while if x15P.e. applied itwill be $0.48 ; with $0.58 it has a x18 P.e. My strategy is wait and see if there any new development that can help to score its margin.

Posted by yeong55 > 2015-08-02 18:41 | Report Abuse

circular to shareholder : Proposed renounceable rights issue of uo tp 129427950 new EGIB share(right shares) together with upto 64713975 free detachable warrants(warrants) at an issue price of RM 0.50 per rights share on the vasis of three (3) right share for every two(2) EGIB share held together with one (1) warrant for every two(2) rights share subscribed at at entitlement date to be determined later. - EGM at 23/7, dea Ven Felix can they changed the price from rm0.50 to 0.58 after the EGM, if so what can we do? pls avd, tq