does es ceramic refurbish old glove formers or they only sell new glove formers ?

Myeg is monopolizing almost every aspect of foreign worker in Malaysia........ they r becoming indispensable to the government. Without myeg the whole system will crumble. This is what u call competitive advantage with hydrogen bomb proof MOAT........

Be patient.......... the GST monitoring trial period is expected to be finished in oct-nov. I expect some sort of announcement after that

The mother of all contract will be the GST monitoring contract......... every shop registered for GST will need to instal a dongle......... imagine the potential lah..........e-payment alone liap liap d........ no need merchant acquisition ...... compulsory !!!!! Paid by government to do it :) ( my own assumption only lah........ not sure whether the dongle includes software for e-payment )

The mother of all contract would be the GST monitoring contract...... imagine the potential

if BN looses then instead of paying to Mr BN, myeg will pay to Mr PH loh.....myeg is the golden goose..... nobody will kill it......heheheh

i get this feeling that myeg is always 1 step ahead of the government..... meaning that they will introduce something followed by the government making it compulsory...

using PE to value a growth company might not be suitable.... i prefer PEG...
interesting read
http://www.utrade.com.hk/sc/regional-morning-notes/20170525.pdf

@wjboyz...the star paper

dont worry ....good things come to those who wait......

from 3.14 to 2.68.....

drop because CIMB reduce target price,,,,,

wait for the announcement of the gst monitoring project and foreign worker accommodation contract.....it will fly

Guess who is involve in foreign worker accommodation.....

For medium term investor....... something very exciting ...http://www.humanresourcesonline.net/accommodation-for-foreign-workers-soon-to-be-compulsory-in-malaysia/

cannot be lah ....i dont think the eatdrinkkl blog can cause the drop...... for myeg is kacang putih only lah to buy the blog....furthermore nothing confirm yet...... maybe the coming quarterly result is not good ..... insider selling first!!

Relax lah people......... don't miss the big picture..... gst monitoring project coming soon..... drop could be due to 101 reasons ........ maybe foreign funds selling due to mr Donald ..... your guess is as good as mine......

With a myeg dongle in most F&B outlets.....Imagine the synergy ...... booking; payment; marketing .......

For longterm investor is an excellent company......... net cash, acceptable ROE, although margins reduced but still not that bad. I think during that period they sold more of lower margin products....

Why did they suspend the stock for 2 days last week ? Maybe the people collecting now r insiders.......!!! Tomorrow announce contract back on .....

Perfect storm occurring for myeg.......... inclusion in MSCI, announcement of GST monitoring and new contract on foreign worker accommodation ........

Hold on to your myeg tight tight........ soon they will announce the GST monitoring project lah........ I suspect in 1-2 months.

dont worry lah........ its just a blip.......all the glove companies are increasing capacity to stay competitive..... malaysia has the biggest glove producing companies in the WORLD.

there is no similar company to compare to.......is it a industry wide problem or a es ceramic problem.....

Their Capital expenses is still too low for automation

At least they still got positive CFFO and FCF

Sad....... this counter is my 2nd largest holding....... I fear the margin compression is due to intense competition

Conversation ratio for c1 is 2:1 woh.......only 2% premium ?

Compare to eforce ?

The super power catalyst will be the GST monitoring project which they will announce soon..... trial period for 3 months starting mid march...... hold tight tight wait.....it will fly

For those who believe in the glove sector.... ES Ceramic is also worth looking at

Wait for myeg to officially announce the GST monitoring project ........ good things come to those who wait

@mbatrader .....most likely..... awaiting their announcement

http://m.themalaymailonline.com/malaysia/article/customs-to-turn-to-dongles-to-detect-gst-evaders

When is the billion dollar question....... but I think soon

https://m.facebook.com/pencari.cahaya/posts/1471813272847860

http://www.sinchew.com.my/node/1608929/装系统每天呈报营业额%EF%BC%8E料2月落实雪隆餐饮业者不安

It should be >2 if they announce the EIS project

I thought the EMS is foc for businesses....... I don't see how it will increase the cost of businesses. The hope is better enforcement and monitoring will save guard the customers as well as create a level playing field for businesses

Hopefully they will announce the EMS project soon...... no doubt they will make more money in the near future

Result out d.......not bad...... profit with growth

Are they not doing that already ?

All these stocks r on the radar of many fund managers.......too popular.... difficult to get value....... not quite a contrarian pick

Hold yours shares tight tight lah.........wait for gov to announce GEMS lah

the treasury shares were not cancelled..... they were resold by myeg out at 2.31-2.32....... hence i think the big sell vol....

I hope they will announce good news soon..... expected Jan 2017 for GEMS

If u look back.... they did the same thing prior to announcing good news. i.e. Renewal of foreign worker contract

Tq KC for your informative articles....... from your previous article u mentioned Invested capital (IC) = Fixed assets + Net working capital. Net working capital = Inventories + Receivables – payable..... however from investopedia net workin capital is current assets - current liabilities...... why is it different? Trying to learn

https://www.sc.com.my/wp-content/uploads/eng/html/resources/inhouse/cwarrantbi.pdf

adjustments will be made by the issuer to the exercise price and/or the number of underlying share
The exercise price and the number of underlying shares may be adjusted accordingly for bonus issues provided that no adjustment will be made for issues that result in a change in the market value of shares of less than three percent (3%).

I have never heard of share holder voting against bonus issue.....

maybe cimb knows something we dont...... it wont be the first time myeg had inappriopriately disclose sensitive info to them first.........