EG INDUSTRIES BHD

KLSE (MYR): EG (8907)

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Last Price

1.93

Today's Change

-0.04 (2.03%)

Day's Change

1.94 - 1.96

Trading Volume

173,700


22 people like this.

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

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-05 11:55 | Report Abuse

Looking fwd to c Eg generate its cash flow in tandemly with the better net margin from mix selling.

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-05 11:59 | Report Abuse

Crucially, the M&a into Sing company has burden Eg .

charlie chia

2,151 posts

Posted by charlie chia > 2015-10-06 19:34 | Report Abuse

Tomorrow last day to hold for right

James Teo

875 posts

Posted by James Teo > 2015-10-07 12:50 | Report Abuse

Buy today still entitle ?

James Teo

875 posts

Posted by James Teo > 2015-10-07 14:29 | Report Abuse

I tot should b4 12 oct ...

charlie chia

2,151 posts

Posted by charlie chia > 2015-10-07 22:47 | Report Abuse

Wonder what will be tomorrow
After X price

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-08 09:16 | Report Abuse

Technically poised for $0.57 ; if anticipated vol. Above 30000 lot, will be in good shape again.

lolly88

19 posts

Posted by lolly88 > 2015-10-08 11:23 | Report Abuse

Hi, why the graph shows positive when it is lower that the price yesterday ?

charlie chia

2,151 posts

Posted by charlie chia > 2015-10-08 13:44 | Report Abuse

Today X for rights issue

yongyou

4,676 posts

Posted by yongyou > 2015-10-08 20:14 | Report Abuse

price dropped on Ex-Date

Posted by Simon Ngiaw Wei Si > 2015-10-09 00:17 | Report Abuse

tmr gonna go back up?

Jenova

70 posts

Posted by Jenova > 2015-10-09 00:44 | Report Abuse

What's you guys view about the Rights? Hold (subscribe) the Right or sell it?

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-09 11:00 | Report Abuse

Eagerly to c Eg break $0.57 today ; but, traded vol. Below 15000 lot. It unlikely to sustain above this level. Keep on Eg. Wondering the warrants with exercise price $0.50 ; how it responding ..

mimi898

262 posts

Posted by mimi898 > 2015-10-12 10:10 | Report Abuse

ven felix can u pls share why on 7/10/2015 pricec losed at 0.645 and following day open at 0.545?

mimi898

262 posts

Posted by mimi898 > 2015-10-12 10:16 | Report Abuse

TQ

Posted by Janet S N Sim > 2015-10-12 10:18 | Report Abuse

Right issue ex 8 Oct.

mimi898

262 posts

Posted by mimi898 > 2015-10-12 10:39 | Report Abuse

o i c. Thanks Janet.

Posted by Janet S N Sim > 2015-10-12 11:38 | Report Abuse

welcome Mimi.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-10-12 12:31 | Report Abuse

This counter is now in the coverage of Mr Ooi Teik Bee (a remisier). It will have the support of his subscribers. The intrinsic value of this counter is close to RM1.

yongyou

4,676 posts

Posted by yongyou > 2015-10-12 14:59 | Report Abuse

close to RM1 ?

"8wpwtmt8 > This counter is now in the coverage of Mr Ooi Teik Bee (a remisier). It will have the support of his subscribers. The intrinsic value of this counter is close to RM1.
12/10/2015 12:31"

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-12 15:20 | Report Abuse

$1/ has a long way to go. Lots of thing need to be ďone. In the case of Eg under OTb goodies ??? Err need to clarify with OTB first..

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-12 15:45 | Report Abuse

Anyway thx very much for your Sharing here tmt8. All and all , if Eg manage to achieve a 3% net profit margin are good; 5% are super good.

charlie chia

2,151 posts

Posted by charlie chia > 2015-10-12 19:24 | Report Abuse

Tomorrow trading of OR right
Hope to hv 20 Cts for it

lolly88

19 posts

Posted by lolly88 > 2015-10-13 14:45 | Report Abuse

Regarding or EG-OR , can any1 tell me where can i find the reports ? or info about it

minglol

151 posts

Posted by minglol > 2015-10-13 16:35 | Report Abuse

what is EG-OR about? drop so much from 0.15

minglol

151 posts

Posted by minglol > 2015-10-13 20:12 | Report Abuse

Hi Charlie, do you have any idea with the OR? It looks not really compatible as what you mentioned in early.... this OR has how long trading period?

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-13 20:32 | Report Abuse

If one taking into account of the warrant with exercise price at $0.50; gues what is your basket of value before the right issue at an unadjusted price ? Answer is $0.793

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-13 20:34 | Report Abuse

With OR closing at $0.085 ; mother $0.595 ; theoretically future warant traded at $0.595 - 0.50 = $0.095 . Interesting

minglol

151 posts

Posted by minglol > 2015-10-13 20:40 | Report Abuse

Thanks Ven Felix for the explaination.

which means the OR now is undervalue since the mother share was 0.595

Can I assume like this?

How long is the OR trading period? a month? or a week?

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-13 20:46 | Report Abuse

Sime tine its a money game , there is no absolutely sure win or lose during this junture, most of the OR holder likely will want to pick the warrant; after then what ?? Dilution take place.. Down to bottom, ikan bilis like us juz buy and HOPE the captain sail the boat at the rite direction.

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-13 20:49 | Report Abuse

One will need to pay $0.085(open market) + $0.50 to transform it to Mother. Read your prospectus. .

minglol

151 posts

Posted by minglol > 2015-10-13 20:51 | Report Abuse

it looks like the OR will move according to the mother share, I thought this is about warrant? sorry if I asked silly question

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-13 20:52 | Report Abuse

The core idea r , chk on the vol traded for d OR at what price ranging, u will be able to identify where is the Entry level by the Big boy.

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-13 20:52 | Report Abuse

Gd luck guys

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-13 21:12 | Report Abuse

'Minglol' A Warrant r entitled to evry 2 OR . Can always chk wth your dealer or remiser if confused.

charlie chia

2,151 posts

Posted by charlie chia > 2015-10-13 21:22 | Report Abuse

Minglol
If you buy 2 x 100 OR plus pay Rm 0.50x 200
You will get 200 mother shares plus 100 warrant
So you culculate yr own risks
Whether can buy o not
That is my only advise

minglol

151 posts

Posted by minglol > 2015-10-13 23:46 | Report Abuse

How long is the trading period for OR??

minglol

151 posts

Posted by minglol > 2015-10-13 23:49 | Report Abuse

1 week ???

charlie chia

2,151 posts

Posted by charlie chia > 2015-10-14 00:02 | Report Abuse

Last day 20 oct

Posted by Tan Soon Boo > 2015-10-14 09:34 | Report Abuse

How much is a warrant worth?
"ONE (1) WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED"

charlie chia

2,151 posts

Posted by charlie chia > 2015-10-14 10:21 | Report Abuse

Depending on market sentiment
Usually 30%-50% of Mother Share

upsidedown119

4,326 posts

Posted by upsidedown119 > 2015-10-14 14:29 | Report Abuse

Depends also on the exercise price of the warrant.

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-14 16:54 | Report Abuse

First thing first, has d Big gun , collected handy of OR ? Then, make your best guess their entry point; it will quite close your spot for the warrant.

minglol

151 posts

Posted by minglol > 2015-10-14 18:06 | Report Abuse

Ven Felix, what price do you think those big boys were entry?

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-15 01:13 | Report Abuse

He he , I oso don't know. What I know is basing their improving qtr result. This level a still consider safe. I would go for the OR more .

minglol

151 posts

Posted by minglol > 2015-10-15 10:17 | Report Abuse

Would the OR will push to higher price before it expiry?

Ven Felix

2,182 posts

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

Its all demand & supply .

charlie chia

2,151 posts

Posted by charlie chia > 2015-10-15 16:25 | Report Abuse

Usually they don't push at the end

Posted by angel7788 > 2015-10-16 10:02 | Report Abuse

what is the exercise price? why cannot see from the Stock News?

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-10-16 11:13 | Report Abuse

Chk them from Announcement .

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