btw stkoay, where did you learn your kao looi skill, I also very interested let

stkoay is my sifu so Warren Buffet is my si kong, hahahah

i am stkoay disciple, I will buy KSL when nobody wants to buy owing to market's foolish psychology, such an undervalued darling, not many more available in the mkt. It fair mkt price will eventually assert itself, whether its tomorrow or next month or next year.

most important is the good results & sustainable performance looking fwd. A great value buy for those collecting now. Estimated eps of 70 cts, nta of above rm11, low gearing & strong cash flows, how can you go wrong. Committed investors will definitely be rewarded. Tq.

ho say liao, a lot of goodies coming thru' hahaha

Dear Vicky & Pineapple, pls be informed the conversion of LA to mother share requires no payment at all, a lot of people are confused on this. Come Oct2014, the LAs are freely convertible into mother share at perhaps a small processing fee, if any.

Thats correct Jian Bin Siew,if you are willing to invest now & hold thru Oct, the reward is definitely going to be handsome. Mother share may be >2 rm by then :)

more potential huge supply contracts from mega projects around the country, besides Langat 2, shall boost its earnings growth profile in the longer term, so is higher PE multiple of 12-13 times expensive? Based on average eps of rm0.30 + cents over the next few years, rm4 is not far fetched.

Welcome to the Engtex family Mr Lim, you will have no regrets :))

ho sei liao!

sold 3.7 mil shares yesterday & left with 2.3 mil which if sold out by today, can see the 'take off' next week :)

MBB KE Research gives fair value of RM2.55 today

a couple of foreign funds are buying the shares over the last few weeks. Latest rumour is that the water concessionaires have agreed to a deal to be struck with the Selangor/Federal state govts

if at all anything, there will be pressure to speed up completion of Langat 2 in view of critical water shortage situation in Selangor & KL over next few years. Anyway dun think Engtex current price is the function of Langat 2, without this it already earns about 28cts eps. Langat 2 can only enhance its growth profile.

There were rumors of a bonus issue several months ago & it thats going to materialize, always good to have some mother shares

Sure value adjust upwards, patience….

or while realising huge profits on the Treasury shares, the shares are actually bought up by friendly parties… Today sold another 1.7 million shares…

you can also argue that there are keen buyers for the Company's sale of Treasury shares, a bullish sign :)

Virtually impossible to time the market

angelina2, Engtex no speculative stock like others, buy with a conviction on its fundamentals & growth potential. Price movement has been slow & steady to reflect stronger fundamentals, don't see why attract regulators. I am invested since 93 cents, still holding for to my conviction, must believe. WB has said dun sell a stock with the hope to buy back cheaper, it never works, this is value investment.

current PE is 7+ times based on 2013 earnings, 2014 is quite sure to do better on more pipe sales from Langat 2 & replacement of 45,000 km of leaking pipes.Besides property debt income will kick in incrementally. With more exciting growth prospect, a PE ratio of 12-13 times can eventually raise its market value to beyond rm3

price dropped in tandem with market trend but those in the know of the counter's intrinsic value will find buying opportunity

hi can anyone confirm that the Barakah LA is freely convertible to mother share wef Novermber 2014 & no extra payment required? It is now trading at almost 40 cts discount!