Result so so, no dividend some more, this one is very short term, product is simple competitor can do, just a normal product, vs has big capacity can do, let eg waste money , waste ur money from right, build the plant, then vs fight back the volume and fill the capacity
Danger is no high recurrence income, contract come in just to replace the old revenue, it is not a fanstatic company to boast, find other company better, is like genetec but genetec is worse
can you find a company that is successful with so many listings in different countries? it creates more problem, be simple is better, I tell you SMT industry is simple industry, many people can do, unless like PIE who has strong back-up from the Taiwan parent company Hon Hai, if not then very competitive, 10 yrs ago, many SMT companies close down one by one, history may repeat if everyone too positive on it...
icon8888 statement":-> the invest at this moment comes with high risk, paying for future, as the new contract won is just able to cover the lost revenue This level of PER is not exactly very exciting. However, investors are buying the stock for its future. EG is at early stage of a beautiful growth story. With targeted completion of new plastic injection factory by second half of 2016, group performance is expected to further improve.
this company smart, foreign xchange loss reported under comprehensive income and not as other income/operating expense, this way will not affect EPS, if look at cash flow, does not look great at all, with -ve flow,
Not sure a weaker ringgit helps EG a lot, it has substantial US$ loans. Impact could be largely neutral on the P&L. EG will however benefit from a more competitive ringgit when bidding for jobs overseas.
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....
CFTrader
812 posts
Posted by CFTrader > 2016-05-31 20:13 | Report Abuse
Optimus, how about tell me a company with huge IP /economic moat with reasonable valuation.
I would happy to ditch EG to switch to that company.