ENGTEX GROUP BHD

KLSE (MYR): ENGTEX (5056)

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Last Price

0.585

Today's Change

-0.02 (3.31%)

Day's Change

0.58 - 0.605

Trading Volume

142,300

Overview

Market Cap

465 Million

NOSH

794 Million

Avg Volume (4 weeks)

335,100

4 Weeks Range

0.56 - 0.62

4 Weeks Price Volatility (%)

41.67%

52 Weeks Range

0.555 - 1.33

52 Weeks Price Volatility (%)

3.87%

Previous Close

0.605

Open

0.605

Bid

0.585 x 100

Ask

0.59 x 17,900

Day's Range

0.58 - 0.605

Trading Volume

142,300

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 [#3] | 21-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 28-Feb-2025

T4Q P/E | EY

32.44 | 3.08%

T4Q DY | Payout %

0.72% | 23.11%

T4Q NAPS | P/NAPS

1.05 | 0.56

T4Q NP Margin | ROE

1.00% | 1.71%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: METALS

Subsector: METALS

Description:

Engtex Group Bhd is an investment holding company. It is divided into four divisions namely Wholesale and Distribution, Manufacturing, Property Development and Hospitality. Wholesale and Distribution includes sale and distribution of pipes, valves fitting and steel related products. Manufacturing includes the sale of steel and ductile iron pipes and fittings, valves, hydrants, industrial casting products and other related products. Property Development includes property development activities and hospitality involves the company's hotel business which includes the provision of rooms, food, beverage and other hospitality services. The Wholesale and Distribution and Manufacturing division together account for a significant majority of the company's turnover.

Discussions
10 people like this. Showing 50 of 2,782 comments

damansaraeagle

SORRY WORST 0.65

2024-08-13 16:11

damansaraeagle

FREE FALL

2024-08-13 16:12

damansaraeagle

SUPPORT COMING IN AT 0.655

2024-08-13 16:30

elmendaman

buy on weakness

2024-08-13 16:32

TheContrarian

🤦

2024-08-13 17:12

Richdady

Shit...after thy split this share.. stock damaged,... Played with retailers

2024-08-13 18:52

damansaraeagle

no support at all

2024-08-14 10:14

damansaraeagle

Engtex Group Berhad's shares have experienced a significant drop recently. As of today, the share price has fallen by 38% over the past month, which has raised concerns among investors. The drop in share price is largely attributed to a decline in the company’s earnings, which have been underperforming compared to the broader market. Despite this, some investors remain optimistic due to the company's forecasted growth over the next few years, which is expected to be higher than the market average. However, the company's current price-to-earnings (P/E) ratio remains high, which suggests that the market has high expectations for its future performance​

2024-08-14 10:15

damansaraeagle

lowest point 0.64 , support ?

2024-08-14 10:18

damansaraeagle

0.67 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

2024-08-14 12:01

Cheah5555

The earlier rise in price was mainly due to bonus issues, the counter might need to rest or consolidate before going up again !

2024-08-16 22:13

mf

collect

2024-08-19 10:59

TheContrarian

Why are you people interested in a stock that is spiraling down?

2024-08-19 19:29

Icon 888

No Show already la..

2024-08-20 00:29

keng88

The 0.615 support is now waiting for the dealer to eat enough and then push it back up.

2024-08-20 10:18

keng88

QR GG

2024-08-22 18:17

Qwertyuiop

Selling dried out, buy on weak qr, expecting better QRs in the near future.

2024-08-23 09:02

TheContrarian

🤦

2024-08-23 18:09

NgWS90

Buy and TP at 81 cents like Kenanga

2024-08-26 18:17

damansaraeagle

when Mr NgWS90 that we can go 81 cents ???? tommorrow or thrusday or friday ?

2024-08-27 12:58

keng88

At the last five minutes, the dealer came in to buy it. There should be a play tomorrow.

2024-08-27 16:53

damansaraeagle

keng88, they call it a bluff. Nothing happen. Goes down bad 0.61

2024-08-28 09:45

damansaraeagle

now buying at 0.615

2024-08-28 09:45

keng88

Damansaraeagle, Engtex still washing dishes. bought low and waited.

2024-08-29 17:07

NgWS90

How low is your low, keng88 ? 😁

2024-08-29 21:13

keng88

NgWS90 , Look at 0.60

2024-08-30 09:36

NgWS90

Thought your low price was 0.58 (52 week low), keng88 😬

2024-09-02 11:35

TheContrarian

Has Engtex hit 80 sen?

2 months ago

kenwilbur

Going lower better sell 1st

2 months ago

TheContrarian

Luckily I sold last month for almost 30% gain.

2 months ago

kenwilbur

Diving better run

2 months ago

kenwilbur

Goin downhill becareful

2 months ago

kenwilbur

Sell 1st buy later

2 months ago

NgWS90

Reach 52 week low price. Time to go in ?

2 months ago

TheContrarian

When will Engtex hit 80 sen?

2 months ago

kenwilbur

No , goin down .

2 months ago

keng88

Coming.

2 months ago

Dehcomic01

Engtex – chasing dreams or using base rates?

Daniel Kahneman made famous the concept of the base rate fallacy. When presented with both historical or statistical information and those which is specific to an event, we tend to ignore the historical/statistical one.

I worry that we are going to see this play out for Engtex. This is a cyclical company whose performance is linked to steel prices. So in valuing Engtex we should be looking at its performance over the steel cycle. On such a basis its earnings value based on its historical performance is below its market price suggesting that it is overpriced

Of course, you would argue that this is backward looking and a more forward looking picture should consider the potential demand for water pipes. This in turn relates to the increase in water rates that would translate into better earnings for the water companies that in turn spur more water infra spending. On such a basis, you would consider Engtex as being underpriced.

In the short term the water infra story may play out. But if you are a long-term fundamental investor, shouldn’t you be looking at the water infra story in the context of the base rates?
https://www.youtube.com/watch?v=HRIYJUoQMj4

2 months ago

soonning65

1-month high now. On the way to cross 70 cents

2 months ago

sailang_now

Downtrend has started? In the meantime, they continue to convert warrants to mother share at 40 sens each? After Bonus issue and continued dilution of shares, doesn't looks good?...lowest today 0.625 sens! More weakness to come! Hope minor support at 0.62 doesn't breaks?..tut tut

2 months ago

NgWS90

Cup and handle pattern has appeared

1 month ago

TheContrarian

🤦

1 month ago

TheContrarian

Has Engtex crossed 70 sen?

1 month ago

NgWS90

KLCI retreating, Engtex also retreating ...

1 month ago

NgWS90

Poised for a rebound. ENGTEX is currently trading at a strong support level of RM0.60, with additional support at RM0.56 level. Coupled with improving indicators, ENGTEX may be set for a rebound toward RM0.66-0.69-0.73 region. Cut loss at RM0.52.

Collection range: RM0.56-0.60-0.62

Upside targets: RM0.66-0.69-0.73

Cut loss: RM0.52

From HLIB

1 month ago

keng88

Sleep counter

3 weeks ago

NgWS90

It woke up already after q3 report was out

5 days ago

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