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

171,200


22 people like this.

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

fayeTan

374 posts

Posted by fayeTan > 2016-01-05 12:26 | Report Abuse

share base to almost triple from 76.8m to 211.2m after all the rights issue and private placement. As a result, if you annualize the latest profit of RM5.34m to become full year RM21.36m.. next year EPS is 21.36/211.2= 10.1 sen. Looking at share price at RM1.10 now, I believe it is already priced in at about forward PE 11x (against historical average PE of 10x)

Hotrod

731 posts

Posted by Hotrod > 2016-01-05 12:36 | Report Abuse

Thats bulls**t calculation. How can you just annulize the last qtr profit and take it as next years profit. plz don't mislead the investors unless you have sought management's guidance on the forecast.

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2016-01-05 12:40 | Report Abuse

so so

fayeTan

374 posts

Posted by fayeTan > 2016-01-05 12:50 | Report Abuse

dear Hotrod, many of us don't have management guidance (just normal investors with no extra connection).. if you are kind enough please share with us the guidance for FY16 by the management

Posted by nickthebest > 2016-01-05 13:19 | Report Abuse

I think fayeTan's comment is logical and prudent, by taking into current quarter's profit. Not to mention the share base have increased substantially, which will affect the EPS. However, looking into current news and disclosure by the CEO, seems that the company will be expanding and probably this will lead to the growth of the company, which is in turn a positive news.

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-05 15:58 | Report Abuse

buy signal

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-05 17:04 | Report Abuse

1.12......nice

koonbee9

674 posts

Posted by koonbee9 > 2016-01-05 17:05 | Report Abuse

1.12...very nice

Posted by chonghoo81 > 2016-01-05 17:10 | Report Abuse

1.12 extremely very nice

qwerty

977 posts

Posted by qwerty > 2016-01-05 18:11 | Report Abuse

1.30 nicer.

Posted by thunderbird > 2016-01-06 09:22 | Report Abuse

1.17 ler..... hahahahah, i bought in a lot last week at 1.09 and 1.10

Posted by helloapple > 2016-01-06 09:45 | Report Abuse

i also bought last week at 1.09

mimi898

262 posts

Posted by mimi898 > 2016-01-06 10:04 | Report Abuse

ven felix are u still accumulate eg?

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-06 10:47 | Report Abuse

1.17

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-06 10:49 | Report Abuse

Chart-wise, EG’s share price has broken out of a “Bullish Wedge” formation to signal a resumption of its prior uptrend. The MACD has also completed a signal-line crossover to reflect a build-up in buying momentum. From here, we expect further gains towards the RM1.30 (R1) measurement objective (MO). Traders may look to buy now, with a target price 3 bids below the MO at RM1.27

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-06 10:50 | Report Abuse

Bullish up up up

Posted by thunderbird > 2016-01-06 10:53 | Report Abuse

positioning at 650lots now, targeting 1000lots by end June

WINNING

1,720 posts

Posted by WINNING > 2016-01-06 12:29 | Report Abuse

EG WILL ROCKET AT 2.30PM.

WINNING

1,720 posts

Posted by WINNING > 2016-01-06 12:39 | Report Abuse

SURE ROCKET UP..

samgross

229 posts

Posted by samgross > 2016-01-06 13:45 | Report Abuse

Rm3 coming

Bursa Wolf

680 posts

Posted by Bursa Wolf > 2016-01-06 13:51 | Report Abuse

higher high only

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-06 14:17 | Report Abuse

Usd1=rm4.39

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-06 14:18 | Report Abuse

Eg benefit of it

Hotrod

731 posts

Posted by Hotrod > 2016-01-06 14:37 | Report Abuse

wheres the rocket ? 2.30pm already.

Posted by thunderbird > 2016-01-06 16:14 | Report Abuse

buy buy buy, don't miss 2nd TP, first TP was done at RM1.15 last week, 2nd TP is RM1.37 to RM1.50.

Justng

136 posts

Posted by Justng > 2016-01-06 16:15 | Report Abuse

broke 1.17 and tested 1.18 before back down.. Hopefully can close at 1.17 today. Tmrw continue to climb.

samgross

229 posts

Posted by samgross > 2016-01-06 16:49 | Report Abuse

Hoseh..very soon will rm3

mh87

3,966 posts

Posted by mh87 > 2016-01-06 16:55 | Report Abuse

Hidden gem and new star.. If RM hit 4.40-4.45 this month then QR should be awesome..

Posted by thunderbird > 2016-01-06 16:58 | Report Abuse

you are joker or what, not even RM1.5 and you were keep saying RM3... be realistic kiddo

mbs7633

325 posts

Posted by mbs7633 > 2016-01-06 17:28 | Report Abuse

I think TP rm1.37 to rm1.50 from now till next quarter is acceptable. US dollar is very strong now.

samgross

229 posts

Posted by samgross > 2016-01-06 18:32 | Report Abuse

Yes...rm3 otw

samgross

229 posts

Posted by samgross > 2016-01-06 18:43 | Report Abuse

Very EG to reach rm3

Posted by rongguailin > 2016-01-06 18:44 | Report Abuse

target 2 ringgit

samgross

229 posts

Posted by samgross > 2016-01-06 18:46 | Report Abuse

Alex Kang said rm6 in bfm..but i discounted 50% at Rm3...very EG to reach rm3...Uncle Kyy have 4 million share + 2 mil warrant, cold eye got 3.1 mil share + 1.8 mil warrant...hoseh

megapower

124 posts

Posted by megapower > 2016-01-06 21:20 | Report Abuse

wow..ths stock macam boleh jalan

mh87

3,966 posts

Posted by mh87 > 2016-01-06 21:27 | Report Abuse

Not 'macam boleh jalan' but already jalan.. And will continue jalan slowly..

Noobies90

25 posts

Posted by Noobies90 > 2016-01-06 21:28 | Report Abuse

Hope will fly like rocket

zx08

256 posts

Posted by zx08 > 2016-01-06 22:18 | Report Abuse

dont fly like rocket, rather it 1 day up 5c, enf to huat ... kekeke

soros228

2,039 posts

Posted by soros228 > 2016-01-07 08:48 | Report Abuse

Morning KoonBee1, where are u?

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-07 11:38 | Report Abuse

Eg on uptrend

samgross

229 posts

Posted by samgross > 2016-01-07 18:15 | Report Abuse

EG steady...rm3 coming

samgross

229 posts

Posted by samgross > 2016-01-07 21:05 | Report Abuse

EG very strong buy

megapower

124 posts

Posted by megapower > 2016-01-07 22:04 | Report Abuse

Hahaha..able grab some 1.15

samgross

229 posts

Posted by samgross > 2016-01-07 22:05 | Report Abuse

Alex Kang show power

moonfeel

23 posts

Posted by moonfeel > 2016-01-08 09:54 | Report Abuse

samgross, are you sure it will come to RM3. It seems a good to everyone but is it realistic?

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-08 11:13 | Report Abuse

Buy signal now is bullish on chart

power88

1,588 posts

Posted by power88 > 2016-01-08 11:20 | Report Abuse

start move...1.50 coming

Posted by rongguailin > 2016-01-08 11:20 | Report Abuse

bullish....1.5 wait u

Jerry Jerry

1,586 posts

Posted by Jerry Jerry > 2016-01-08 11:22 | Report Abuse

1.22

babypost

207 posts

Posted by babypost > 2016-01-08 11:26 | Report Abuse

go go go !

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