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

wayne 456

29 posts

Posted by wayne 456 > 2015-12-07 17:26 | Report Abuse

add another 200 lot @ 0.815 after qtr result, and it's almost 20% gain now, thx for the sell-off on 30 Nov!

master_tan

690 posts

Posted by master_tan > 2015-12-07 22:43 | Report Abuse

Eg share price worth RM1.20, which currently is still undervalue. A simple calculation base on the 150mil new project received, with 20% , that makes ~3 sen of eps per quarter. Annualized it, it will be 12 sens. Not to mention existing other projects running in production and possible new project received.

Sapphire

1,765 posts

Posted by Sapphire > 2015-12-07 23:05 | Report Abuse

cantik cantik.....

Posted by Choon Soo Tan > 2015-12-07 23:15 | Report Abuse

Agreed, as the CEO mentioned, the box build has higher margin, about 20%. No wonder some big shark is quietly accumulating the share and never said he got this stock in other thread.

sharktank

805 posts

Posted by sharktank > 2015-12-08 09:15 | Report Abuse

All the way to RM2.

mimi898

262 posts

Posted by mimi898 > 2015-12-08 09:58 | Report Abuse

yes finally RM 1... go go go eg

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2015-12-08 10:07 | Report Abuse

up

master_tan

690 posts

Posted by master_tan > 2015-12-08 10:25 | Report Abuse

yes, this stock will defitely up surpass RM1.40. ( 150 mil project x 20% profit margin ) / 211 mil shares = 14sen earning for FY2016.

At PR 10, the share price should be RM1.40 , and this do not count in more projects coming in and existing production volume. As I get to know, there are more NPI products in progress and possible to get more projects in near future. As such, the share price should easily break RM2.00 by next year.

By the way, I do owe some shares in EG, and I do not need you to buy to push up the price.....hahaha...buy at your own risk

master_tan

690 posts

Posted by master_tan > 2015-12-08 10:26 | Report Abuse

and if you are still poor today, then you need to look at you at the mirror and ask why.......haha

babypost

207 posts

Posted by babypost > 2015-12-08 10:31 | Report Abuse

hmmm price still at 0.995 now ...

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-12-08 12:26 | Report Abuse

Price very strong , apek thought could collect below $0.98; the digestive show no harm to the price yet. Wonder where it might fly ????

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-12-08 12:28 | Report Abuse

Hv anyone keep an eye on Rolex ?

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-12-08 12:32 | Report Abuse

http://klse.i3investor.com/blogs/koko888/87482.jsp Halex or. ROLEX ? up to u...hehe

mimi898

262 posts

Posted by mimi898 > 2015-12-08 15:51 | Report Abuse

ven felix when is the date of PP? (for Rolex) TQ

babypost

207 posts

Posted by babypost > 2015-12-08 17:41 | Report Abuse

So target price now ?

Posted by inspectorgadjet > 2015-12-08 18:16 | Report Abuse

about 1.15

zbaikitree

1,196 posts

Posted by zbaikitree > 2015-12-08 19:41 | Report Abuse

Conman. Everyday he already know the top gainers b4 it happen.

D7zul

155 posts

Posted by D7zul > 2015-12-08 19:45 | Report Abuse

who's conman?

D7zul

155 posts

Posted by D7zul > 2015-12-08 20:06 | Report Abuse

I'm just telling you guys the truth..
believe it, don't believe it.. no body cares..

Posted by olehlehshare > 2015-12-09 10:21 | Report Abuse

Confidence man..

D7zul

155 posts

Posted by D7zul > 2015-12-09 11:51 | Report Abuse

I might do that


Posted by chonghoo81 > Dec 8, 2015 07:40 PM | Report Abuse 

If more people can know the daily top gainers .. also you need to come out to sell software? It should be even richer than that of chicken. .

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-12-09 13:56 | Report Abuse

Hi mi898 what do u mean PP date ???

Posted by stallioninvestment > 2015-12-09 14:50 | Report Abuse

Immediate support : 0.93
Resistance : 1.06

mimi898

262 posts

Posted by mimi898 > 2015-12-09 15:43 | Report Abuse

Ven Felix (private placement)

sharktank

805 posts

Posted by sharktank > 2015-12-09 16:19 | Report Abuse

Road block clear. All the way to northport. : )

qwerty

977 posts

Posted by qwerty > 2015-12-09 16:20 | Report Abuse

2nd.leg up. buy or miss the boat

Posted by chonghoo81 > 2015-12-09 16:35 | Report Abuse

qwerty ,what is second leg??

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-12-09 17:27 | Report Abuse

Hi ! Mi898 p.p. is likely somewhere on 1qtr oh 2016. I may collect the Rolex ranging from $0.525 - $0.610 , take yo u r time ; it's not going anywhere at this juncture. Hehe

Ven Felix

2,182 posts

Posted by Ven Felix > 2015-12-09 17:29 | Report Abuse

To correct there is no p.p. ; its fund rising through 2 call right issue with warrant.

koonbee

325 posts

Posted by koonbee > 2015-12-09 18:21 |

Post removed.Why?

Posted by DingDongHai > 2015-12-09 19:17 | Report Abuse

When eg will rocket fly?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-09 19:20 | Report Abuse

Very soon

Posted by chonghoo81 > 2015-12-09 19:20 | Report Abuse

koon bee u estimate how long to take to 3?

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-09 19:20 | Report Abuse

Slowly and surely

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-09 19:21 | Report Abuse

12 months

power88

1,588 posts

Posted by power88 > 2015-12-09 19:28 | Report Abuse

12 months 3...good enough

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-09 19:31 | Report Abuse

The MD Alex Kang Pang Kiang is my school mate

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-09 19:34 | Report Abuse

Now he already millionaire and I still poor like Calvintaneng

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-09 19:38 | Report Abuse

D7ZUL great job

force

1,418 posts

Posted by force > 2015-12-09 19:38 | Report Abuse

Anyone know eg disposal unexpire land? Y?

murali

5,723 posts

Posted by murali > 2015-12-09 19:38 | Report Abuse

But at least now u found a good name....remember to pay me copyright fee

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-09 19:39 | Report Abuse

murali, tqvm

power88

1,588 posts

Posted by power88 > 2015-12-09 19:40 | Report Abuse

he Board of Directors of EG ("Board") wishes to announce that on 9 December 2015,

EG had entered into a conditional sale and purchase agreement (“SPA 1”) with SKM to dispose the unexpired leases of the vacant land held under H.S.(D) 3766, 3767, 3769, 3774, PT Nos. 5334, 5335, 5337 and 5342, Bandar Kuala Ketil, Daerah Baling, Negeri Kedah for a cash consideration of RM2,700,000.00 (excluding GST) (“SPA 1”) (“Disposal Consideration 1”) (“Land Disposal 1”); and
SMTT had entered into a conditional sale and purchase agreement (“SPA 2”) with SKM to dispose the unexpired leases of the land held under H.S.(D) 3768, 3775, PT Nos. 5336 and 5343, Bandar Kuala Ketil, Daerah Baling, Negeri Kedah for a cash consideration of RM5,800,000.00 (excluding GST) (“SPA 2”) (“Disposal Consideration 2”) (“Land Disposal 2”);
(SPA 1 and SPA 2 are collectively referred to as the “SPAs”)

(Disposal Consideration 1 and Disposal Consideration 2 are collectively referred to as the “Disposal Considerations”)

(Land Disposal 1 and Land Disposal 2 are collectively referred to as the “Land Disposals”)

The details of the announcement is attached.

power88

1,588 posts

Posted by power88 > 2015-12-09 19:41 | Report Abuse

As disclosed in Item 5.0 above, the Land Disposals is expected to realize an estimated gain of RM1.6 million, which translates into a gain of approximately RM0.77 sen per share (based on issued and paid-up share capital of 211,274,992 ordinary shares of RM0.50 each, excluding 289,000 treasury shares held as at 9 December 2015) for the financial year ended 30 June 2016 upon completion of Land Disposals.

force

1,418 posts

Posted by force > 2015-12-09 19:45 | Report Abuse

Thanks power88

D7zul

155 posts

Posted by D7zul > 2015-12-09 19:45 | Report Abuse

Thanx, Koon Bee

Koon Bee

325 posts

Posted by Koon Bee > 2015-12-09 19:47 | Report Abuse

Power88, land sold for investment gain

Posted by Pakcik Saham > 2015-12-09 20:24 | Report Abuse

D7zul is TA expert..good Job

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2015-12-10 00:42 | Report Abuse

Why the need to sell Factory, Office Building & Warehouse
Possible the renevue drop?
I think they are not dormant

D7zul

155 posts

Posted by D7zul > 2015-12-10 00:59 | Report Abuse

Thanks, Pakcik Saham

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