CK>> As usual, still checking Bursa announcement and waiting for ENG's announcement about the privatisation. Last update was on 4-Aug which was about the acceptance of BOD on takeover offer (actually there was another announcement on 24-Aug about Bursa's queries on ENG and request ENG to furnish some information about this privatisation deal).

Next announcement from ENG should be about the Sale of Business Agreement (SBA) with offeror, expected to be released soon.





CK>> ENG closed at 2.02 today with last minute huge volume purchase at 2.02 to clear all the sellers at this price. I tried to grab more all 2.02, but failed as someone faster than me @_@'''. Anyway, succeed to accumulate few shares in the morning at 1.98.
















CK>> Take a closed look on ENG's seller queues as picture below. Basically I can say there are only 2 sellers who are willing to sell ENG at price below 2.10. There are no more panic retail investor who are queuing up to throw ENG shares at price lower then 2.10.








CK>> In term of technical chart, I would say that ENG is trying hard to build a strong base at RM2 level, while at the same time, try to challenge its previous strong consolidation at RM2.20 level. Still, there are only few sellers who queues up and wants to sell ENG. The rest of shareholders are still waiting for privatisation announcement as what I'm waiting here right now.