Posted by charlie chia > 2015-11-10 13:30 | Report Abuse

I don't think start off at 0.05 cts

Posted by ckk2266 > 2015-11-11 07:35 | Report Abuse

Hehehe...time to reap profit

Posted by DreamCapturer > 2015-11-11 07:40 | Report Abuse

Untung manyiak la lia, bili haliga manyiak molah ...

Posted by sklyte > 2015-11-11 08:21 | Report Abuse

Eg right shares are out sure flood the market

Posted by crystal168 > 2015-11-11 08:37 | Report Abuse

See the SELL Q

Posted by murali > 2015-11-11 08:41 | Report Abuse

Still good money for those bought OR at RM0.10 n subscribed the rights issues...Cost RM0.10+RM0.50= RM0.60 and get 1 mother share n 0.5 WC in return...easily 50% profit...

Posted by Ven Felix > 2015-11-11 08:42 | Report Abuse

Gd morning , huat ah.hahaha

Posted by Ven Felix > 2015-11-11 08:43 | Report Abuse

Profit taking for Geshen first.

Posted by murali > 2015-11-11 08:44 | Report Abuse

Mother shall have some selling pressure,even so also good profit say if can sell at 0.75 n 0.5WC 0.35= 0.925

Posted by murali > 2015-11-11 08:45 | Report Abuse

Congrates Van Felix n others

Posted by DreamCruiser > 2015-11-11 08:46 | Report Abuse

manyiak syiok lor, lu olang

Posted by Ven Felix > 2015-11-11 08:46 | Report Abuse

Murali , make their best guess. Be cool, 卖了 买的回吗 ?

Posted by ykinvestor > 2015-11-11 09:05 | Report Abuse

EG FY15 whole year EPS = (8.79+1.79+13.74+10.09) = 34.41 cents (see below for details). Thus at price of 82 cents its PE is only 2.3
Based on the last FY15Q4 EPS 8.79 cents, we will use 9 cents to get the forwarding whole year FY16 EPS which is 4 X 9 = 36 cents.
Using PE of 10 its FV is RM3.60. The forwarding FY16 PE = 82/36 = 2.2.
Net assests also stands at RM1.72
With the recents 57 millions collected from its right issue of which part of it will be used for expansion should augur well for its earning in longer term.
So if you have a longer term view, this is centainly a share to have and must acumulate at RM0.82.
I let you judge for yourself whether one should collect more EG's shares.

These are the EG's FY15 4 qtrs EPS results
FY15 Q4 EPS - 8.79 cents (Aug 28 15) http://www.bursamalaysia.com/market/listed-companies/company-announcements/4852401
FY15 Q3 EPS - 1.79 cents (May 29 2015 ) http://www.bursamalaysia.com/market/listed-companies/company-announcements/4759569
FY15 Q2 EPS -13.74 cents (Feb 26 2015 ) http://www.bursamalaysia.com/market/listed-companies/company-announcements/4186833
FY15 Q1 EPS - 10.09 cents (Nov 28 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/4178485

Posted by ykinvestor > 2015-11-11 09:07 | Report Abuse

Even at RM1.72 to reflect its net asset value, its PE is only 5.

Posted by rafiquemattahir > 2015-11-11 10:45 | Report Abuse

If you look closely, the reason why EPS have been unusually high in past 2 quarters is the massive realisation of fair value gain from available for sale assets, which should really be stripped out from normal operations. When you strip those out, the EPS reduces dramatically and consequently PE appears to be much higher.

Posted by Leong Pps > 2015-11-11 12:44 | Report Abuse

everybody is hoseh for the right issue with free warrant !!! huat ah !!

Posted by samWTR > 2015-11-11 13:49 | Report Abuse

Hi Guys, anyone know how to get in touch with Alpha Trader?

Posted by crystal168 > 2015-11-11 14:30 | Report Abuse

Still cannot break 0.895 ????

Posted by WXGWXW > 2015-11-11 17:34 | Report Abuse

Thanks Van Felix

Posted by Tan Soon Boo > 2015-11-11 18:38 | Report Abuse

Hi, anyone can explain why EG = 0.82 and EG-WC = 0.45? Thanks

Posted by charlie chia > 2015-11-11 19:05 | Report Abuse

Trading of warrant price usually higher than combination of mother

Posted by ykinvestor > 2015-11-12 09:17 | Report Abuse

Hi Coldrisks I did not include the right issues in the calculation.
Today's Daily Edge features an article on EG http://tefd.theedgemarkets.com/2015/TEP/20151112t5lsyl.pdf (see pg 12)
For the FY15 whole EPS (34 cents), about 50% were from the disposal of financial assets. Thus I would say that the real earning of 17 cents was still from the business sales. Thus I would use PE of 10 to get the FV of RM1.70 for EG.

Posted by ykinvestor > 2015-11-12 09:24 | Report Abuse

so if you are a longer term holder, leverage on the EG WC would potentially give you a 200% return (1.70 - 0.50 = WC FV 1.20 (without premium yet))

Posted by Ven Felix > 2015-11-12 09:47 | Report Abuse

hd moorning evrgbdy, wondering are there any out there that is best fit on par of Inari and Eg ?

Posted by Ven Felix > 2015-11-12 09:48 | Report Abuse

So , hardly to spot one, dont sell chip.

Posted by Ven Felix > 2015-11-12 09:49 | Report Abuse

Penta is another one, but toooo early to conclude yet. Not to say harvesting.6-18 to wait

Posted by mimi898 > 2015-11-12 10:33 | Report Abuse

ven felix, u mean long term for eg will be a big harvest!

Posted by Ven Felix > 2015-11-12 10:54 | Report Abuse

Of course, but, provided the basic fundamental improvement are materialized.

Posted by Ven Felix > 2015-11-12 10:56 | Report Abuse

I'll balance the position for d mother & daughter base on the development and market price.

Posted by Ven Felix > 2015-11-12 10:58 | Report Abuse

Currently, I hv more wc compare to mother. Whish u all huat huat.

Posted by mimi898 > 2015-11-12 11:24 | Report Abuse

ven felix u already fatt dou ng cin ng choo liao

Posted by samtanwc > 2015-11-12 11:41 | Report Abuse

Buy 0.82 TP 0.88

Posted by LeiJun > 2015-11-12 16:57 | Report Abuse

WC over valued. If conversion is 0.50, then should be around 0.30 only. Buy mother better!

Posted by papaya > 2015-11-12 17:12 | Report Abuse

leijun......if you don't know how to play warrant...plse don't comment about warrant....otherwise people will laugh at you.....learn more from real sifu....otherwise we will not win this game....

Posted by DRYEW > 2015-11-12 17:27 | Report Abuse

everybody sink

Posted by Ven Felix > 2015-11-12 17:32 | Report Abuse

Write a comment..durian to fall off. May yhe Luck be with us. Hopefully to collect more for wc @ $0.35

Posted by amusement24 > 2015-11-12 18:52 | Report Abuse

Is it a good time to buy eg now?

Posted by loon737 > 2015-11-12 19:49 | Report Abuse

expecting gd quarter..

Posted by qwerty > 2015-11-12 19:49 | Report Abuse

EG Industries proposes share placement to repay borrowings
By Tan Siew Mung / theedgemarkets.com | November 12, 2015 : 7:06 PM MYT

Posted by qwerty > 2015-11-12 19:52 | Report Abuse

The issue price and the investors of the proposed private placement will be determined by the board at a later date.

Posted by qwerty > 2015-11-12 19:53 | Report Abuse

Of the RM15.4 million estimated gross proceeds (based on 80 sen per placement share) from the proposed placement, EG Industries plans to use RM14.89 million to repay borrowings.

The group's current outstanding borrowings is RM168 million. The repayment will save the company RM744,428 in annual interest based on an average interest rate of 5% per annum.

Posted by qwerty > 2015-11-12 19:56 | Report Abuse

Immediate support 79sen. Falling below it will go through consoliation process. If able to breakout 0.855, possible target 1.00

Posted by charlie chia > 2015-11-12 21:42 | Report Abuse

Last few days they are pushing up for 10% private placement
Once target achieved
They will let it down
Becareful to take profit then

Posted by loon737 > 2015-11-12 21:53 | Report Abuse

private placement is gd or bad?

Posted by sengkee > 2015-11-12 23:14 | Report Abuse

Gone.

Posted by Jenova > 2015-11-13 00:07 | Report Abuse

when is the private placement?

Posted by Андрей Андроников > 2015-11-13 12:09 | Report Abuse

point of entry 0.84

Posted by yongyou > 2015-11-14 17:15 | Report Abuse

Hi qwerty, How are you doing? It has been long time did not see your posting.

Posted by crystal168 > 2015-11-14 20:54 | Report Abuse

Hi yongyou, u r here also? Got play EG??

Posted by kwl8888 > 2015-11-14 22:27 | Report Abuse

I Still remember when VS proposed private placement,
The Price drop from 4.20 till 3.90 which is PP price.
Now VS price is 7.50 (1.50 x 5 due to share split).
PP is the faster way to pool fund and save interest.