EG Industries Berhad ("EG "), headquartered in Sungai Petani, Kedah Malaysia, was listed on the Bursa Malaysia Securities Berhad in 1992 as an investment holding company. Through its two largest subsidiaries SMT Technology Sdn Bhd at Malaysia and SMT Industries Co., Ltd at Thailand, the company specializes in the provision of electronic manufacturing services ("EMS") for world-renowned brand names of electrical and electronic products.
We specialise in ELECTRONICS MANUFACTURING SERVICES ( EMS ) of high - end PCB Assemblies and OEM product manufacturing. We are fast, flexible, responsive and offer full turnkey solutions for your manufacturing needs. We have the expertise to handle all types of surface mount and plated through hole assemblies. Our state - of - art equipment can handle the smallest chips component from 0201 to BGA / CSP and QFR packages with up to 12 mils leads pitch. Their products ranging from: Computer Smart phones Medical equipments Measuring equipments industry Audio Video industry Automobiles Aviation Power supply Where are the potential growth of EG?
Foreign exchange gain due to strengthening of USD Higher profit margin for the products (Box Building) Expansion plan: To invest RM30m in new plant. EG Industries plans to invest about RM30m in a new manufacturing facility in Sungai Petani, Kedah. The new facility would boost its production floor space in Malaysia by 50% to 229,557 sq ft. EG Industries group CEO and ED Alex Kang said that the new manufacturing facility would be dedicated to plastic injection moulding operations.
You can see from the annual report year 2015 that due to the factors I mentioned above, its EPS has increased significantly!
As for the Major shareholders, you can see Mr Koon Yew Yin and Mr Fong Siling are among the major shareholders for both EG! ( But, please notice that there are a lot of PLEDGED Securities accounts for these stock as well. These are MARGIN accounts! When the market slumped, these are the potential shareholders that MIGHT sell their shares to prevent the high interest rate of these MARGIN accounts)
Day (3), after my 1st write-up of the above articles.
JHM, closed with 2 green bar since, my article of the above. What a coincidence. Foresee, tomorrow BREAKING OUT of $0.535, will send JHM on a UPTRENDING CHANNEL . This purely base on (TA) ; While, i expect a better set of results to be released will be another stimulator. In short we shall see $0.585 . Happy Trading ! 20/01/2016 01:31
Are you sure no need? Please ask those selling China counters whose companies also deliver high profit like EG. I checked EG also ask for RI but never paid any dividend.
Hotrod Who needs dividend when you enormous capital gain ?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jerry Jerry
1,586 posts
Posted by Jerry Jerry > 2016-01-19 15:46 | Report Abuse
buy buy buy