Lousy picks

His results proved he is lousy junk.

Stock Pick 2018 - icon8888
https://klse.i3investor.com/servlets/pfs/99382.jsp

ps.: soon again he will challenge everyone to compete with him. Don't believe? Let's see lah.

Ah, forgot again, he will soon challenge me to copy & paste article like him.

One more thing, he where got talk facts, he copied & pasted newspapers only. Don't mix up with copy & paste by talking facts.

Just wait & see, he will FXXX here & there soon. That's his true character.

Loss also don't loss until panty sold

Dogs fight dogs, which one win?

What happened to this I con you stock recommendation? All got conned & stuck?

Calvin talked thousands times, delivered 2~3 times, then sing thousands times for the 2~3 times..... LOL

All calvintan recommendations in this 2 years all masuk longgang, he is dick face eagle, can see thousand miles from his blind eyes.

Depreciated little quick quick promote already, so direct & simple otak thinking.

Many die die don't know why die.

Calvin talk cock again

You should celebrate there, not here

Posted by VenFx > Sep 14, 2017 04:54 PM | Report Abuse
Vs-wa Break Historical High at $0.830 , i love it.

Director kept disposing, not a good sign, all companies with this kind of selling proved to be a very good indication or signal.

GOH FUQIANG, KENNETH (a company director) disposed 575,200 shares at 0.967 on 11-Sep-2017.

The TP is baseless

To make right decision is important, but to admit mistake is also equally important to free up the capital

From RM0.96 @ 16 Feb 2017 all the way to today RM0.745, it is not only 2 weeks, it has been going down for more than 7 months

Not only lossing money, but also losing opportunity costs of winning money at other counters like GKent, EKovest, Econpile, VS, Vitrox, Steel....

唉。。。。市场不是笨的

China business again? A good man from Malaysia will become bad guy in China, why? Because he learns the tricks from people there & become one of them.

Like someone telling there will be very dark at night, haha, rubbish supermx2, what's wrong with your brain.

Soon this supermx2 will become famous in i3, rubbish fortune teller

haha, how many warnings has been issued by this joker supermx2?

But nothing happen so far, how now? everyday mark rubbish word & everyday renew, what a joke on this supermx2

I hope I will be wrong in EG, like what I was wrong in steel future.

I get nothing if I am right, but if I am wrong, many will make money, that's what I am thinking.

I am not that kind of mad dog like supermx2 in CAB forum, barking non stop for nothing
http://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=CAB

VenFx, I respect you personally very much, it is just investing & nothing personal.

I just share facts & figures which can be derived from the financial reports announced by the Management at Bursa Website & these were my intrepretation & understanding. Nothing were obtained from the sky or hearsay.

You may have yours to think differently & I respect that.

One thing I must stress, I have nothing in EG, so price down was nothing to do with me, it is market force from the general investing public.

Just hope to have different views on the company, judging from both pros & cons.

Comment from fellow member, R3D3:

Digging up the data and tabulating it, we see the following:

FY'16Q1 Sales 190 million Receivables 166.806 million
FY'16Q2 Sales 208 million Receivables 173.487 million
FY'16Q3 Sales 152 million Receivables 199.050 million ***
FY'16Q4 Sales 150 million Receivables 225.805 million ***
FY'17Q1 Sales 234 million Receivables 294.245 million *

The flags were clearly raised when FY'16Q3 the sales were down from 208 million to just 152 million, compared to the previous quarter but the trade receivables ballooned to 199 million from 173 million. And receivables had ballooned the next 2 quarters. In a space of 3 quarters, trade receivables went from 173 million to 294 million, an increase of 121 million!

This puts a massive question mark on the reliability of the sales revenue recorded by EG and it puts a huge doubt on whether these Receivables can be collected by EG Industries and the longer this issue persist, EG has to deal with the issue, which could force EG Industries to restate these receivables as doubtful debts.....

Huge risks !
04/01/2017 18:33

https://klse.i3investor.com/blogs/lkoky/112975.jsp

EG burgeoning Invetories and Receivable
https://klse.i3investor.com/blogs/lkoky/112975.jsp

EG - Borrowing Up, Receivables Up but Profits Not Up?
https://klse.i3investor.com/blogs/shareshare/118293.jsp

Can any one free enough to continue the computation, I am outstation now

FY'16Q1 Sales 190 million Receivables 166.806 million
FY'16Q2 Sales 208 million Receivables 173.487 million
FY'16Q3 Sales 152 million Receivables 199.050 million ***
FY'16Q4 Sales 150 million Receivables 225.805 million ***
FY'17Q1 Sales 234 million Receivables 294.245 million *

Comment from fellow member, R3D3:

Digging up the data and tabulating it, we see the following:

FY'16Q1 Sales 190 million Receivables 166.806 million
FY'16Q2 Sales 208 million Receivables 173.487 million
FY'16Q3 Sales 152 million Receivables 199.050 million ***
FY'16Q4 Sales 150 million Receivables 225.805 million ***
FY'17Q1 Sales 234 million Receivables 294.245 million *

The flags were clearly raised when FY'16Q3 the sales were down from 208 million to just 152 million, compared to the previous quarter but the trade receivables ballooned to 199 million from 173 million. And receivables had ballooned the next 2 quarters. In a space of 3 quarters, trade receivables went from 173 million to 294 million, an increase of 121 million!

This puts a massive question mark on the reliability of the sales revenue recorded by EG and it puts a huge doubt on whether these Receivables can be collected by EG Industries and the longer this issue persist, EG has to deal with the issue, which could force EG Industries to restate these receivables as doubtful debts.....

Huge risks !
04/01/2017 18:33

https://klse.i3investor.com/blogs/lkoky/112975.jsp

Timely alert article way back in Jan 2017

EG burgeoning Invetories and Receivable
https://klse.i3investor.com/blogs/lkoky/112975.jsp

EG - Borrowing Up, Receivables Up but Profits Not Up?
https://klse.i3investor.com/blogs/shareshare/118293.jsp

Every 4 ordinary shares will entitle for 1 preference shares plus 1 bonus issue


(I) RENOUNCABLE RIGHTS ISSUE OF UP TO 67,296,172 REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RCPS") ON THE BASIS OF 1 RCPS FOR EVERY 4 EXISTING ORDINARY SHARES HELD IN EG INDUSTRIES BERHAD ("EGIB") AT 5.00 P.M. AT 20 SEPTEMBER 2017 ("RIGHTS ISSUE"); AND (II) BONUS ISSUE OF UP TO 67,296,172 NEW EGIB SHARES ("BONUS SHARE(S)") TO BE CREDITED ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 RCPS SUBSCRIBED BY THE ENTITLED SHAREHOLDERS PURSUANT TO THE RIGHTS ISSUE ("BONUS ISSUE")
https://klse.i3investor.com/entitlement/8907/30-Aug-2017/17977_2711824276.jsp

After one year of singing songs by its CEO, the real fact is the company is still facing cash flow issues.

They supposed to have solved the issue in their previous exercise of right issue

Someone just tried to ignore the cash flow problem of this company, always talk about future.

The problem is NOW, not future.

The more sales they generated, the more money they need to support their operations, because they give more than 3 months terms for their sales to their customers.

Management was very smart, sold treasury shares before it dropped further

https://klse.i3investor.com/servlets/stk/annshrtxn/8907.jsp

This is very interesting counter, right issue at 0.95, way above current market price 0.76

I wonder why the top lines were very good but the bottom lines were just unable to catch up, I will look into this later

I Will take a look at EG later, the result was not great or not too bad neither, it is just ok, no pleasant surprise as hoped by some investors.

Mee too, Got very very little at 2.03 only but the rest I can do is just waiting

Petronm is now priced at HengYuan last week's price, at least they were one match before, some of your dream was fulfilled in the very wrong timing.

In account, we call it timing differences.

Figures won't lie, we will see.

All you can do is praying hard to hope some day syndicates will goreng this stock up to the sky over RM1.

Ok, please hold tight with your holding & I wish you good luck. Also wish Alex tries hard to deliver his promise as soon as possible.

I know you are a good guy & it is better for you make money from this counter rather than loss money.

It is nothing personal, it is purely on financial figures & analysis, I have not even given any prediction & judgement. AND YET YOU SAID IT IS NOT FACT???

EG - Borrowing Up, Receivables Up but Profits Not Up?
https://klse.i3investor.com/blogs/shareshare/118293.jsp

Posted by VenFx > Aug 20, 2017 02:25 AM | Report Abuse
apparently yes ...
before u start criticsing, make sure u bring on your facts right .

Then, u earn reader's respect .

Are you trying to say, only those talking positive to the company is constructive & helpful.

Those bringing out the negative issues are useless & NOT HELPFUL?

I am talking facts & figures based on financial reports & this is your response?

Posted by VenFx > Aug 20, 2017 02:18 AM | Report Abuse
No one interested to know wether your are right or not ...

Your points are too brief, do not embarrasse yourself with your your low level article .

Your article doesnt show completely view in EG's truely conditions .
But, u are framing it for the sake to jump on your bias conclusion; Of which, is entirely make your article become valueless .

Not helping readers to understand furthur EG's thouroughly situation as a whole.

By looking at its financial records & its Price Earning Ratio of 65 times, it makes me laugh, HAHA

The company invested 520mil in its theme park, what can you expect on the Return on Investment?

OMG, Still PUC? This one I call it rubbish company

Ya kah for what? Don't pretend don't know all these since you are the one has been here for long time.


VenFx ya kah ?
20/08/2017 01:13