Posted by paperplane2016 > 2017-01-04 08:58 | Report Abuse

I think don't use old data to judge its future. as it just started on new business model. give it 1 year to see??

Posted by Alas Long > 2017-01-04 14:58 | Report Abuse

year 2014 is where the reconstruction started. The increase in inventory can be expansion as well. The risk is always there for turnaround company.

Posted by VenFx > 2017-01-04 17:30 | Report Abuse

Hehe, i'm waiting to load more ...

Posted by stockmanmy > 2017-01-04 17:50 | Report Abuse

Plane

Changing to worse business model you mean?

New business can mean stock build up but cannot explain slow collection from debtors.

Posted by value88 > 2017-01-04 19:23 | Report Abuse

I think that's why EG management is currently looking for ways to raise money. I worry they may call for right issue. Even if they do private placement, that will also cause the dilution of shares..
I believe EG's revenue will increase when the capacity of the new plant is being filled up, but the potential share dilution may drag down the EPS, and everything back to square one.

Posted by Flying Cloud > 2017-09-05 16:44 | Report Abuse

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

Posted by Flying Cloud > 2017-09-05 16:48 | Report Abuse

Timely alert article way back in Jan 2017