EG INDUSTRIES BHD

KLSE (MYR): EG (8907)

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Last Price

1.97

Today's Change

+0.03 (1.55%)

Day's Change

1.93 - 1.97

Trading Volume

239,100


22 people like this.

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

wei8

368 posts

Posted by wei8 > 2016-03-01 15:34 | Report Abuse

really sad, cant even move higher

unice

346 posts

Posted by unice > 2016-03-01 15:45 | Report Abuse

Hi wei8, be patient. If the market stable, sure the intrinsic value will surface up.

timzai

32 posts

Posted by timzai > 2016-03-01 15:59 | Report Abuse

wei8 , if u wan it move higher , juz keep collect with huge volume ~ . ^

calvin

249 posts

Posted by calvin > 2016-03-01 16:26 | Report Abuse

is coming..0.950

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-01 16:27 | Report Abuse

nedd to take off $0.910 .

stevenmy

82 posts

Posted by stevenmy > 2016-03-01 16:49 | Report Abuse

Finally~~~show going to start~~~

reiki6

229 posts

Posted by reiki6 > 2016-03-01 17:19 | Report Abuse

congrats to all who are on board.. :)

sklyte

2,621 posts

Posted by sklyte > 2016-03-01 18:52 | Report Abuse

Eg is not a USD beneficiary, look at their accounts u will find something, this is a good news

elvingan

243 posts

Posted by elvingan > 2016-03-02 00:45 | Report Abuse

eg can buy and hold tp 1.20 coming...

VenFx

14,784 posts

Posted by VenFx > 2016-03-02 00:51 | Report Abuse

Another X 325 % High Brigthness Star...JHM, Growth Like 16 Year Old.


Group executive chairman and managing director Datuk Tan King Seng said after a shareholders’ meeting that JHM would supply signature lighting lamps for the rear end of branded cars of a North American customer.

Whereas, the said deal shall be generates US$50mil ( x 4.10 = RM$205mil), per annum starting next year.
So, try to put that in a simple calculation..

[Contribution impact from new North American customer]

- Annualized profit (excluded existing income) > Rm$205 x 0.10 average gross margin = $20.5mil
- Earning per share (e.p.s.) > $20.5 / 123mil shares = $0.167 eps.
- After Bumi special issue dilution > $0.167 / 1.125 = $0.148 eps.
- Fair valued to JHM, apply x10 p.e. > $0.148 x 10 = $1.48 ( my another winner counter)

( Hope to get a more oficial announcement from the management; btw, Jhm got to need more
funding source to support their huge capex this round. Probalby, a right issue ? hmmm,,interesting )

KG1967

409 posts

Posted by KG1967 > 2016-03-02 08:22 | Report Abuse

1.20 sure come, keep it then u will know

stevenmy

82 posts

Posted by stevenmy > 2016-03-02 09:04 | Report Abuse

Yeah good start~~anticipating~~~

papaya

3,086 posts

Posted by papaya > 2016-03-02 09:43 | Report Abuse

sudah lembik.....

kahfai211

822 posts

Posted by kahfai211 > 2016-03-02 10:45 | Report Abuse

surged!!

stevenmy

82 posts

Posted by stevenmy > 2016-03-02 10:48 | Report Abuse

ya slow and steady.....hold on until it reach the value u believe~~

VenFx

14,784 posts

Posted by VenFx > 2016-03-02 10:48 | Report Abuse

Keep it slow & steadily :)

Justng

136 posts

Posted by Justng > 2016-03-02 10:48 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=71369&name=EA_GA_ATTACHMENTS

EG Industries core net profit rises 5 times in 2Q16
Core bottom line jumps to RM7.3 million from RM1.5 million on increased box-build contracts and enhanced operations efficiency Sungai Petani, Kedah, Malaysia, 26 February 2016 – Electronic Manufacturing Services (EMS) player EG Industries Berhad (EG Industries; EG 工业 ; Bloomberg: EG:MK; Reuters: EGCM.KL) recorded 5 times higher core net profit of RM7.3 million for the second quarter ended 31 December 2015 (2Q16), compared to RM1.5 million core net profit (excluding RM8.8 million fair value gain on sale of financial assets) previously, on increased box-build contracts and enhanced operations efficiency. For the quarter under review, Group’s core net profit of RM7.3 million is inclusive of RM2.0 million one-off expenses in relation to its recent corporate exercises, without which net profit would have amounted to RM5.3 million in
2Q16.

Posted by Chin Foming > 2016-03-02 11:10 | Report Abuse

engine going to start!

thesteward

6,782 posts

Posted by thesteward > 2016-03-02 12:37 | Report Abuse

;-)

stevenmy

82 posts

Posted by stevenmy > 2016-03-02 13:23 | Report Abuse

engine is running d~~~

Posted by Earthwood ... > 2016-03-02 13:46 | Report Abuse

EG ... good to invest

kahfai211

822 posts

Posted by kahfai211 > 2016-03-02 13:46 | Report Abuse

actually eg's fa is good...idk why alot of idiots atk and jealous eg..now what??cannot bark ady??why need to worry when drop few cents??drop ma drop lo,good stock will rebound anytime...dont at there kao beh kao bu ok??want earn money with fast,not this counter,want contra??die far abit tq

kahfai211

822 posts

Posted by kahfai211 > 2016-03-02 13:47 | Report Abuse

67.5cents??85 cents??come out and bark doggie

aiboon

296 posts

Posted by aiboon > 2016-03-02 14:15 | Report Abuse

0.20 can ah ?

abc123

147 posts

Posted by abc123 > 2016-03-02 16:16 | Report Abuse

Reversal is made today! Buy!

VenFx

14,784 posts

Posted by VenFx > 2016-03-02 16:42 | Report Abuse

Base building on progress ,,, Nice one

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2016-03-02 17:15 | Report Abuse

U guys must be puzzling why VS dropped with MYR but EG holds

Dig more details please

EG has USD borrowings, they have forex losses last quarter

If you take this into account plus the corporate exercise fees they paid, they will be making RM8.5m this quarter

Normally Q1 &Q2 is stronger quarter , 8.5x3 quarters = RM26m x 10x pe / 210m = target price RM1.25

stevenmy

82 posts

Posted by stevenmy > 2016-03-02 17:35 | Report Abuse

i am happy with today progress.....slow and steady~~tomorrow break 0.95!!

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-03 03:39 | Report Abuse

[ PRESS RELEASE ]

EG Industries core net profit rises 5 times in 2Q16

Core bottom line jumps to RM7.3 million from RM1.5 million on increased box-build contracts and enhanced operations efficiency.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=71369&name=EA_GA_ATTACHMENTS
:D

Justng

136 posts

Posted by Justng > 2016-03-03 10:19 | Report Abuse

Strangely.. still got more sellers than buyers..

abc123

147 posts

Posted by abc123 > 2016-03-03 11:05 | Report Abuse

Who cares, as long as the uptrend is there.

Vin Chuah

843 posts

Posted by Vin Chuah > 2016-03-03 11:40 | Report Abuse

no worry,grab some,EG is always there

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 12:32 | Report Abuse

noon got show~~

VenFx

14,784 posts

Posted by VenFx > 2016-03-03 13:26 | Report Abuse

Pls,, drive it slow .......and steadily :D .

VenFx

14,784 posts

Posted by VenFx > 2016-03-03 13:27 | Report Abuse

No more drastically drama lah in market sentiment like this,, that we ikan bilis can trail far furthur.

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 14:32 | Report Abuse

good show??hahahaha

Justng

136 posts

Posted by Justng > 2016-03-03 14:38 | Report Abuse

Nice... keep it up.. 2-3cents up a day... to hit TP of 1.20

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 14:41 | Report Abuse

buyer very low...seller alot...but later will kena sapu until 0.97

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 14:41 | Report Abuse

if i wrong dont fck me

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 14:44 | Report Abuse

dont sell 1st buddy..hold tide

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 14:45 | Report Abuse

who wanna in boat then in now...banker still waiting u guys at 950~955

Justng

136 posts

Posted by Justng > 2016-03-03 14:51 | Report Abuse

How about the counter anak? .. now at 0.635

wei8

368 posts

Posted by wei8 > 2016-03-03 15:00 | Report Abuse

got road block?

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 15:01 | Report Abuse

if wanna play anak,aax-wa lagi kuat

Justng

136 posts

Posted by Justng > 2016-03-03 15:04 | Report Abuse

Losing steam....

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 15:10 | Report Abuse

hahaha..u guys...LOL...see how it go up later

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 15:13 | Report Abuse

wei8..if can go do your work...dont mont it...drop u scare now up jor just take a rest u scare block..LOLOL

Justng

136 posts

Posted by Justng > 2016-03-03 15:42 | Report Abuse

Kahfai211 .. u have insider ke? ...

oohlala

112 posts

Posted by oohlala > 2016-03-03 15:42 | Report Abuse

0.97 dy

kahfai211

822 posts

Posted by kahfai211 > 2016-03-03 15:42 | Report Abuse

no..just study about the fa

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