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KLSE: ENGTEX       ENGTEX GROUP BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.20 1.50     +0.30 (25.00%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
24/08/2017 1.22 1.40 +0.18 (14.75%) HOLD Malacca Securities Price Target News
24/08/2017 1.22 1.60 +0.38 (31.15%) BUY JF APEX Price Target News
07/08/2017 1.25 1.60 +0.35 (28.00%) BUY JF APEX Price Target News
01/06/2017 1.35 1.40 +0.05 (3.70%) HOLD Malacca Securities Price Target News
26/05/2017 1.43 1.50 +0.07 (4.90%) HOLD Malacca Securities Price Target News


Price Target Research Article/News (past 6 months)
24/08/2017  Malacca Securities Engtex - Holding Steady
24/08/2017  JF APEX ENGTEX - Slower Earnings But Within Expectation
07/08/2017  JF APEX Engtex - Beneficiary of Nationwide Piping Projects
01/06/2017  Malacca Securities Engtex - Earnings Skewed By Disposal Gains.
26/05/2017  Malacca Securities Mplus Market Pulse - 26 May 2017



  7 people like this.
 
swtue2 Show time is coming..
purposely press down the price n keep collecting then price shoot up...==
18/08/2017 16:41
goodguess good results coming out?
18/08/2017 16:45
darkstar Finally it moves :)
19/08/2017 10:42
swtue2 lousy counter...Not moving at all
21/08/2017 15:19
tooeasy The foundation of this company is good, no one invest for 1-3 months time, dumb dumb hold and you will profit in the long run
21/08/2017 23:15
darkstar agree with tooeasy, nothing is easy or free in this world.
22/08/2017 17:57
Saber anyone know wen is their qtr result?
23/08/2017 11:37
ImmaBullishDog it is out Saber. But i think it is best you refer http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5056
23/08/2017 18:23
goodguess Base on history of profits every year for 10 consecutive years and comparing to steel counters should have a PE 10x. Price should be 1.80. with conversion of warrants should have more cash to expand business and cut down borrowings. Further more awaiting splash deal to conclude and start to replace old pipes.Positive sentiments.
23/08/2017 21:11
KLCI King When calculating PE, please take into the account of warrants conversion, the price should be much lesser, not RM1.80 if PE10
23/08/2017 23:06
DualShock 1H 2017 result compared to 1H 2016, Revenue dropped marginally.
But considering its 1H 2017 cored profit, it was dropped significantly easily > 35-40%% if taking out the one off gain on disposal of Land.
I would say Engtex 1H performance didn't meet expectation against its PE ratio by now.

Two elements continue to increase Q on Q, Inventories level and Trade Receivables.
Risks of continue inventories written off and bad debt written off!!!!

Other risks, any delay in projects will also continue to impact their Top & Bottomlines.

Valuation for Engtex is remained too high now. Reminder to myself, stay far far away first.
24/08/2017 10:16
ccInvest great sell pressure.
24/08/2017 18:02
darkstar Despite the decline in 2Q17 earnings, Engtex’s performance is within expectation as we project 2017 net profit growth to slow to 5.3% from 47% in 2016 in view of cautious sentiment in the property, construction and infrastructure industries, before growing 18.7% in 2018.
29/08/2017 21:36
hng33 bought engtex at 1.17
30/08/2017 11:28
darkstar Target price of RM1.60 based on FY18F EPS with forward PER of 10.2 times, based on industry peer average. This translates into a potential upside of 26% against its current share price.
30/08/2017 17:31
nikicheong Patience my friends, let the warrants get converted. No hurry. Current price is good entry point, but as an investor your job is to look for large discounts, not minor discounts or fair value, or worst still, pay a premium.
04/09/2017 18:56
hng33 The price of steel has been moving up lately due to higher cost of iron ore and coking coal. If the increasing price trend is sustainable, this will bode well for the Engtex as whole sales metal distributor in the coming quarter.
07/09/2017 20:14
hng33 In previous Q2 result, Engtex track other metal stock, report lower profit due to lower selling price and lower demand. In the next coming quarter, Engtex will also track other metal stock on earning recovery
08/09/2017 14:18
hng33 bought more engtex at 1.17
08/09/2017 14:35
hng33 YES, moving higher now :D)
08/09/2017 15:19
hng33 sold back engtex at 1.21-1.22, lock profit, free up capital
12/09/2017 10:45
swtue2 Will the price shoot up when the October 2017 deadline for Air Selangor to complete state water restructuring plan?
19/09/2017 08:49
Goinvest88 http://www.thestar.com.my/business/business-news/2017/09/18/salcon-to-replace-pipes-for-air-selangor/
19/09/2017 10:08
swtue2 Salcon is a main con? o.0
19/09/2017 11:36
Goinvest88 Key word: Air Selangor will also allocate a budget of RM1.3bil for building two additional water treatment plants and for pipe replacement throughout Selangor.

Salcon is constructor to replace pipes. Which company going to supplies pipes?
19/09/2017 12:52
swtue2 Thanks @Goinvest88.
I gt the ans XD
19/09/2017 13:34
hng33 bought back engtex at 1.18
19/09/2017 16:33
hng33 sold back all engtex at 1.21, lock good contra profit, free up capital again
21/09/2017 12:02
hng33 bought back engtex again at 1.17
25/09/2017 16:00
fzank buy engtick 1.18
26/09/2017 16:16
fzank buy sandai 0.805 lol
26/09/2017 16:16
swtue2 Is time to shoot up~sleeping beauty:)
27/09/2017 07:17
hng33 sold back engtex at 1.18, lock slim contra proft, free up capital first
27/09/2017 11:52
hng33 bought back engtex at 1.16, reverse into higher FAST contra gain
27/09/2017 12:08
hng33 Add more engtex at 1.16
27/09/2017 15:51
Chua Zhi En Sell at 1.11? Free up capital first?
02/10/2017 13:48
john1218 Or add more at 1.11?
02/10/2017 14:50
demon_hunter haha low can be lower...
02/10/2017 16:53
swtue2 low can be lower but i will FIGHT till the end..hehe
Keep absorbing...
03/10/2017 09:15
hng33 bought more engtex at 1.11
03/10/2017 15:40
hng33 selloff due to new share arising from warrant conversion is grossly overdone
03/10/2017 15:44
hng33 Engtex have initiate buyback share open market to support share price
03/10/2017 15:45
wolf1 conversion from warrant also in loss lah. Sell for what. Is purely selldown by dumb ppl who not optimize on the hotel business.
03/10/2017 22:06
ESPESP I still dont understand why keep dropping.
Company buy back to support price? Or company buy back because confidence?

Lets see next quarter again, this should be near bottom d.
05/10/2017 12:13
wolf1 This useless company buyback to earn. Once reach 1.80 will start selling. Pls go view their past record. They rather to earn also don't want give bonus share from treasurer
06/10/2017 21:18
wolf1 congrat...year low....yippee.
16/10/2017 21:19
swtue2 year low definitely will be year high appear soon...be positive^^
19/10/2017 08:26
hng33 sold back all Engtex at 1.18, lock all paper profit, free up all capital
20/10/2017 16:36
Dericlock Fly high at last minute. Any good news soon?
20/10/2017 17:18
Invest_168 undervalue stock...it should worth at least RM1.40. The rebound of the share price is just starting.
22/10/2017 00:09


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