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

papaya

3,086 posts

Posted by papaya > 2016-03-12 19:37 | Report Abuse

all these people ...anything export all benefit from usd...don't know head or tail...just throw their shares...anyway thanks selling to me...

wan161

515 posts

Posted by wan161 > 2016-03-13 00:27 | Report Abuse

RM2.00 in 2 years..

abc123

147 posts

Posted by abc123 > 2016-03-13 11:51 | Report Abuse

R1 is at 0.96. Still a good price to enter. Buy for 6% Profit.

ChunWooi

11 posts

Posted by ChunWooi > 2016-03-13 13:54 | Report Abuse

Alpha trader: may i know where to check that EG is not benefit from usd in quarterly report ya?

VenFx

14,784 posts

Posted by VenFx > 2016-03-13 14:03 | Report Abuse

Aiyoh, has oredi mentioned read through the report still want to ask ... With ratio of Usd to Eg profit; u r going to apply this ratio here; 1.0 : 1.5% . However, eg expected to secure more contract to furthur streamline the mix bag revenue lead to improvement of overall group margin.
Usd to Eg not too significant.

newbie91

396 posts

Posted by newbie91 > 2016-03-13 18:07 | Report Abuse

I have attended the talks. and the revenue is 100% denominated in USD. No briefing on the cost structure. But appreciation of the RM will have some impact on the GP. They also mentioned about M&A and building factory to cater for more orders. They are passionate.

VenFx

14,784 posts

Posted by VenFx > 2016-03-14 00:00 | Report Abuse

Yaa it is at the ratio of earning to strengthen of usd 1.00 : 1.50 and vice versa.

susuMilk

29 posts

Posted by susuMilk > 2016-03-14 10:32 | Report Abuse

potential stock to growth

wsthong123

441 posts

Posted by wsthong123 > 2016-03-14 11:10 | Report Abuse

if today can close at 0.92 that will be good.

Grace Ly

359 posts

Posted by Grace Ly > 2016-03-14 11:47 | Report Abuse

not moving at all

Justng

136 posts

Posted by Justng > 2016-03-14 11:48 | Report Abuse

Just hold for long term and you will be well rewarded. KYY buy into companies like EG not for short term gain.

wan161

515 posts

Posted by wan161 > 2016-03-14 14:00 | Report Abuse

just buy and put it in freezer>>

Grace Ly

359 posts

Posted by Grace Ly > 2016-03-14 17:10 | Report Abuse

very dissapointed, up little then down....

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-14 17:26 | Report Abuse

Hahaha

blacksnake

321 posts

Posted by blacksnake > 2016-03-14 17:45 | Report Abuse

this stock no more show already..... if long term you no need see the price every day.....if short term this stock no your choice...... got a banker keep selling.....

wsthong123

441 posts

Posted by wsthong123 > 2016-03-14 21:03 | Report Abuse

just hold tight lor, no one will know when the show is coming, only insider.

Justng

136 posts

Posted by Justng > 2016-03-15 09:46 | Report Abuse

Price will move when:
a. Buying/Selling by huge funds investors
b. Good/Bad QR

Seems like option B is more likely.. so just wait for next QR.

papaya

3,086 posts

Posted by papaya > 2016-03-15 14:56 | Report Abuse

naik satu tangga... turun 3 tangga.....berhenti rehat kejap....turun lagi 2 tangga...that's not call climbing...hehe

wsthong123

441 posts

Posted by wsthong123 > 2016-03-15 20:15 | Report Abuse

USD strengthening, If EG is benefit from USD, tmr shall up. Lets see

wan161

515 posts

Posted by wan161 > 2016-03-15 23:05 | Report Abuse

Up up EG

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-15 23:39 | Report Abuse

Consolidate first,, get rest

sklyte

2,621 posts

Posted by sklyte > 2016-03-16 10:31 | Report Abuse

EG don't benefit from USD, they got loans, stop speculating

harta999

260 posts

Posted by harta999 > 2016-03-16 11:14 | Report Abuse

they do natural hedge?

Posted by KeepMoving > 2016-03-16 11:18 | Report Abuse

yes USD loans i saw

reiki6

229 posts

Posted by reiki6 > 2016-03-16 12:16 | Report Abuse

hopefully EG can climb up slowly and steadily. No hurry...

WDragon

135 posts

Posted by WDragon > 2016-03-16 12:29 | Report Abuse

Yes, EG good to accumulate now. go up soon

CFTrader

812 posts

Posted by CFTrader > 2016-03-16 23:06 | Report Abuse

At this current price, it is in a perfect position to perform position sizing.

The new factory will be operating at 2H2016 which is located at Sungai Petani. I'm eager for the explosive growth story of EG.

黄劲豪

123 posts

Posted by 黄劲豪 > 2016-03-17 09:48 | Report Abuse

why suspended?

Justng

136 posts

Posted by Justng > 2016-03-17 09:53 | Report Abuse

I think below is the reason for the suspend trading.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
PROPOSED ACQUISITION OF 95.81% EQUITY INTEREST REPRESENTING 10,750,000 ORDINARY
SHARES OF S$1.00 EACH IN SINGYASIN HOLDINGS PTE LTD BY THE COMPANY FOR A TOTAL
CASH CONSIDERATION OF S$3,832,400 (EQUIVALENT TO RM10,309,539)
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

黄劲豪

123 posts

Posted by 黄劲豪 > 2016-03-17 09:53 | Report Abuse

the Company and the Vendors have reached the consensus for mutual termination of the Proposed Acquisition.

blacksnake

321 posts

Posted by blacksnake > 2016-03-17 10:17 | Report Abuse

bad news.....

Justng

136 posts

Posted by Justng > 2016-03-17 10:18 | Report Abuse

Kindly be advised that the trading in the above Company's securities have been halted with effect from 9.41 a.m. Thursday, 17 March 2016. Trading in the securities will resume with effect from 10.41 a.m. Thursday, 17 March 2016.

Posted by sifuexperience > 2016-03-17 10:19 | Report Abuse

Good news. The proposal was announced on 21 April 2015, it dropped from 60 cents to 50 cents after that. So this time, cancellation of this could be beneficial.

CFTrader

812 posts

Posted by CFTrader > 2016-03-17 10:26 | Report Abuse

ehh ... only this announce kah ??
No material effect oh ...
Why halt trading for this small issue ...

sklyte

2,621 posts

Posted by sklyte > 2016-03-17 10:35 | Report Abuse

good news, not buying the property of this Singapore guy who is related party

blacksnake

321 posts

Posted by blacksnake > 2016-03-17 11:13 | Report Abuse

but the share price no good wor.... hihihi

Justng

136 posts

Posted by Justng > 2016-03-17 11:18 | Report Abuse

Traders and Investors needs to digest the announcement first. Not much activity right now. Perhaps 2nd half will see some activity

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-17 12:22 | Report Abuse

Drop off acquisition for Sinyahsin, will better broaden their effort in expanding their capacity well. Ad long Eg can perform well with production efficiency, I dont see any readon Eg can benefited from its associated companies in Singapore.

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-17 12:23 | Report Abuse

$0.97, are step closer.

Justng

136 posts

Posted by Justng > 2016-03-17 15:04 | Report Abuse

Still not much movement... I guess it's not dropping already consider good news..

wsthong123

441 posts

Posted by wsthong123 > 2016-03-17 15:55 | Report Abuse

it's time to accumulate more before it fly.

blacksnake

321 posts

Posted by blacksnake > 2016-03-17 16:10 | Report Abuse

EG no easy fly...... you can saw the old post, many ppl said that already (buy before fly) from RM1 said until now 0.90sen , two month ago....

Justng

136 posts

Posted by Justng > 2016-03-17 16:13 | Report Abuse

Wait next QR for explosive results.. then will fly...

reiki6

229 posts

Posted by reiki6 > 2016-03-17 16:28 | Report Abuse

lol..price move backward ?? where it wants to heading??

wsthong123

441 posts

Posted by wsthong123 > 2016-03-17 16:51 | Report Abuse

Good closing :-)

Justng

136 posts

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

Yes, good closing reaction to the news announcement this morning.

Posted by projecti2016 > 2016-03-17 21:27 | Report Abuse

continue hold.

Posted by ChasingDreamz > 2016-03-18 01:33 | Report Abuse

Just break the triangle formation. Short term will up.

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-18 01:48 | Report Abuse

Eg, is sailing on a solid pathway; peak from 1.25 to 0.840 if u didnt give up , why can't hold it a bit longer ? Hold with faith, Eg will do better .

Posted by projecti2016 > 2016-03-18 13:28 | Report Abuse

accumulate more?

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