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

Dliaw Su

28 posts

Posted by Dliaw Su > 2015-11-30 14:41 | Report Abuse

Suspension? Big news? Up kao2 after this like bahvest?

Posted by Mohd Fahmi Bin Jaes > 2015-11-30 14:43 | Report Abuse

Down

ktsk88

5,284 posts

Posted by ktsk88 > 2015-11-30 14:47 | Report Abuse

Quarterly result drop from 6mil to 5mil. This is bad news. Now suspended pending announcement......hope not bad news.

Grace Ly

359 posts

Posted by Grace Ly > 2015-11-30 14:49 | Report Abuse

still making money ma, just earn less, there is no loss mah....

Posted by chonghoo81 > 2015-11-30 14:51 | Report Abuse

3.31 resume . why want suspend?

Posted by gorengqueen > 2015-11-30 14:53 | Report Abuse

1Q16 results actually significantly better than 1Q15. The latter has gain on disposal. Excluding the gain, 1Q16 PBT increased by 5.2x over 1Q15.

SureONG

7 posts

Posted by SureONG > 2015-11-30 14:54 | Report Abuse

HOSEI LIAOOOO

Grace Ly

359 posts

Posted by Grace Ly > 2015-11-30 14:57 | Report Abuse

gorengqueeen, but many people don look at what you see, they just see down compare last quarter, and they start to panic..

Posted by gorengqueen > 2015-11-30 15:00 | Report Abuse

1Q16 EPS at 6.6 sen. If EG sustain this level of quarterly EPS, the stock is trading at below 4x PE now!

bearbear11

241 posts

Posted by bearbear11 > 2015-11-30 15:00 | Report Abuse

Run !!!!

Posted by gorengqueen > 2015-11-30 15:01 | Report Abuse

Grace Ly, most people don't make money from the market

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2015-11-30 15:08 | Report Abuse

Suspended to issue amended Q1 results?

Grace Ly

359 posts

Posted by Grace Ly > 2015-11-30 15:11 | Report Abuse

got such thing meh, already annouce can pull back and change ke?

SureONG

7 posts

Posted by SureONG > 2015-11-30 15:13 | Report Abuse

suspend sure got smth la. learn to read financials. profit increased nearly 6x

Grace Ly

359 posts

Posted by Grace Ly > 2015-11-30 15:30 | Report Abuse

hei everyone, pls see again, bursa have forbid business transaction for EG, is it true, hope someone reply

goody99

1,814 posts

Posted by goody99 > 2015-11-30 15:30 | Report Abuse

if I am not mistaken, it uses the old number of shares to calculate the EPS. After the split, the number of shares increases to 192.357 mil. shares

Net profit = 5039000
Number of shares = 192357000
EPS = 5039000/192357000 = RM0.026 or 2.6 sen

SS1967

1,489 posts

Posted by SS1967 > 2015-11-30 15:34 | Report Abuse

Anybody got news, good or bad?

SS1967

1,489 posts

Posted by SS1967 > 2015-11-30 15:36 | Report Abuse

someone informed me that profit 7 million adjusted to 5 million?

chanwk

5 posts

Posted by chanwk > 2015-11-30 15:37 | Report Abuse

as of 30-Sept '15(closure of their quarterly financial report), the RIGHTS were still NOT issued yet

Posted by chonghoo81 > 2015-11-30 16:30 | Report Abuse

gorengqueen and sureong, how to read the financial report that profit 6x? can you guy teach me please?

Posted by gorengqueen > 2015-11-30 16:36 | Report Abuse

Read the entire quarterly report la, not just the financial statements. Management normally discusses the results in further detail inside the notes to the accounts

goody99

1,814 posts

Posted by goody99 > 2015-11-30 16:37 | Report Abuse

chonghoo81, I assume you know where to check the announcement:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4936173

Have to read the attachment especially EG Bursa_Note Q1-16.doc

Read section B1-B3 (page 3), starting B1 Review of Performance

Posted by chonghoo81 > 2015-11-30 17:03 | Report Abuse

虽然看到不是很明白 (英文太差了)。。不过读起来,好像不错的result。。谢谢各位大师的指导。

Robert123

299 posts

Posted by Robert123 > 2015-11-30 17:18 | Report Abuse

The real eps is 2.6 sen

Robert123

299 posts

Posted by Robert123 > 2015-11-30 17:19 | Report Abuse

The one given by bursa is not adjusted..

Robert123

299 posts

Posted by Robert123 > 2015-11-30 17:21 | Report Abuse

B1.Review of Performance

Comparison between the current quarter (“Q1 2016”) and the preceding correspondence quarter (“Q1 2015”)

The Group achieved revenue of RM191 million for the current quarter ended 30 September 2015, a slight decreased of 1.6% as compared to RM194 million recorded in the previous year corresponding quarter. The decrease was mainly due to change of product sales mix to focus on high margin products. Profit before tax in the current quarter decreased from RM7.76 million to RM5.34 million as there was a gain on disposal of other investments of RM6.7 million in Q1 2015.

Netting off gain on disposal of other investments, the Group’s profit before tax grew approximately 5.2 times or RM4.31 million from RM1.03 million Q1 2015 to RM5.34 million in the current quarter. The profitability was mainly driven by favourable product mix and enhanced operations efficiency.

Robert123

299 posts

Posted by Robert123 > 2015-11-30 17:26 | Report Abuse

The comparison between Q1 16 1nd Q4 15

Revenue 190,877 152,121 38,756 25.5
Profit before tax 5,338 4,091 1,247 30.5

Revenue for the current quarter registered at approximately RM191 million, increased by RM38.8 million or 25.5% as compared to the immediate preceding quarter of approximately RM152 million was mainly due to increase in orders for ICT and consumer electronic products during the current quarter.

Netting off the foreign exchange gain and impairment loss on plant and equipment of RM1.03 million recognized in Q4 2015, profit before tax increased 56% or RM2.27 million in the current quarter. The profitability was mainly driven by increase in revenue with enhanced operations efficiency and favourable product mix.

Robert123

299 posts

Posted by Robert123 > 2015-11-30 17:27 | Report Abuse

B3.Prospect

The Group is re-strategizing to enhance its bottom-line margin by changing its product mix to have more revenue from the box-build segment to complement the current printed circuit board assembly operations. The Group will also continue to focus its efforts in the exploring of new market opportunities, engaging new customers; and improve its design and development capabilities to offer one stop Electronic Manufacturing Services (EMS) solution to its customers.

In addition, the Group will strive to enhance its operational and cost efficiencies by taking prudent measures to achieve satisfactory results. The results of the Group for the financial year 2016 are expected to remain positive.

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-11-30 19:38 | Report Abuse

Congrats to Eg, to its results release are far more better than what I assuming before. The reason for it to traded lower are the rea tion tk the recently softening from the market and retailers are panic that if d result a lot poorer asper MMSV. Plus, Ta player will likely take profit first seen it was not ssustained above $0.855 . So, nxt cut point ??? $0.80 Apek guess. Do I hv a change to buy back at $0.75- 0.78 ???? Exciting to it.

megapower

124 posts

Posted by megapower > 2015-11-30 21:15 | Report Abuse

Can enter now?

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-11-30 21:39 | Report Abuse

A pek likely will buy back at $0.78, 0.80 , 0.82 . No way can get it at $0.75 ; ( ; ( ; (

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-11-30 21:48 | Report Abuse

Eg has work the talk so far. 时侯 加码 了 :) 加 涡轮 < $0.490 应该 可以吧 ??

Posted by chonghoo81 > 2015-11-30 21:50 | Report Abuse

可能没得加了。明天高飞。。高飞。。felix要等下辈子了

ogre

107 posts

Posted by ogre > 2015-11-30 22:44 | Report Abuse

for info:
chk the annual report.
KYY and Fong Siling ......
no 4 & 10 major share holders...

sklyte

2,621 posts

Posted by sklyte > 2015-12-01 08:13 | Report Abuse

Shareholders so many prominent investors! Buyy

tftey

326 posts

Posted by tftey > 2015-12-01 11:35 | Report Abuse

ogre, you mean KYY and Fong Siling, no 4 and 10 major shareholder for EG?

angku

489 posts

Posted by angku > 2015-12-01 11:36 | Report Abuse

where can we find the annual report?

mimi898

262 posts

Posted by mimi898 > 2015-12-01 11:40 | Report Abuse

see at top & click disclosures

ogre

107 posts

Posted by ogre > 2015-12-01 13:28 | Report Abuse

@tftey
@angku
refer link below;
download the pdf file.... page 120
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4937453

tftey

326 posts

Posted by tftey > 2015-12-01 14:20 | Report Abuse

Thanks a lot angku.

angku

489 posts

Posted by angku > 2015-12-01 14:36 | Report Abuse

thanks to ogre and mimi898

cgtan2020

684 posts

Posted by cgtan2020 > 2015-12-01 16:13 | Report Abuse

1 KENANGA NOMINEES (ASING) SDN BHD
JUBILEE INDUSTRIES HOLDINGS LTD (023)
18,872,616 9.8112
2 MAYBANK NOMINEES (ASING) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR TERENCE TEA YEOK KIAN
10,000,000 5.1986
3 MAYBANK NOMINESS (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR KANG PANG KIANG
8,000,000 4.1589
4 KENANGA NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR KOON YEW YIN (002)
4,500,000 2.3394
5 MAYBANK NOMINEES (ASING) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR JUBILEE INDUSTRIES HOLDINGS LTD
4,000,000 2.0795
6 LEE PAK HOONG 3,841,537 1.9971
7 GIAP SENG AUTO SUPPLY SDN. BERHAD 3,732,714 1.9405
8 TAN AH LOY @ TAN MAY LING 3,300,000 1.7156
9 HSBC NOMINEES (TEMPATAN) SDN BHD
HSBC (M) TRUSTEE BHD FOR CIMB-PRINCIPAL MALAYSIA EQUITY FUND
3,116,300 1.6201
10 RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR FONG SILING (CEB)
3,100,000 1.6116

ykinvestor

586 posts

Posted by ykinvestor > 2015-12-01 16:22 | Report Abuse

FY16 Q1 EPS (announced yesterday) - 6.56 http://www.bursamalaysia.com/market/listed-companies/company-announcements/4935997
EG FY16 whole year forwarding EPS = (6.56 X4 ) = 26.24 cents
Thus at price of 86 cents its PE is only 3.25
Using PE of 10 its FV is RM2.60.
Net assets also stands at RM1.72 . Even at RM1.72 to reflect its net asset value, its PE is only 6.5.
With the recent 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 accumulate at RM0.86.
I let you judge for yourself whether one should collect more EG's shares.
http://klse.i3investor.com/blogs/KLSETA/86557.jsp :-> price is likely heading to target of $1.00/$1.15/$1.39 near future.

If one is a longer term holder one may want to leverage on EG-WC as it potentially give you a 200 % returns

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

cgtan2020

684 posts

Posted by cgtan2020 > 2015-12-01 16:31 | Report Abuse

@ykinvestor. right issues is after 30-Sep-2015, So please adjust the EPS accordingly, don't be mislead by it.

master_tan

690 posts

Posted by master_tan > 2015-12-01 16:32 | Report Abuse

is the earning consider the diluted share volume from the right issue and private placement ?

I think it is not. If consider the diluted earning, the earning is a lot less attractive already.

ykinvestor

586 posts

Posted by ykinvestor > 2015-12-01 17:18 | Report Abuse

Hi cgtan2020, as the right issue money is used for expansion and should bring in better EPS for the coming qtrs. Assuming the next 3 qtrs., its EPS > 6.56 cents (let's say between 7 to 8 cents). Any idea what should the adjusted EPS be assuming the EPS' are at least between 7 to 8 cents (or more) based on the calculation before the right issue ?

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-12-01 19:23 | Report Abuse

Hahaha ! Good sharing Yk .

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-12-01 19:27 | Report Abuse

The simple way ÷ 2.5 factor.

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