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28 comment(s). Last comment by gnstyy 2017-07-03 10:49

John Lu

5,187 posts

Posted by John Lu > 2017-06-13 06:52 | Report Abuse

Haha...i told u guy before...this sochai will give 5 stock per month...over 3 years 180 stocks to buy (5×12×3 years)...haha...haha...i keep counting. Calvin Stupid like hell.

paperplane2016

21,571 posts

Posted by paperplane2016 > 2017-06-13 07:33 | Report Abuse

Engtex was recommended by stock god. Let me put some faith in him. He must know something I dont

davidkkw79

5,068 posts

Posted by davidkkw79 > 2017-06-13 07:35 | Report Abuse

Totally agree with you, this so hai just wanna find someone to talk. He didn't buy at all, all his money still stuck in those Holland stocks

nekosan

3,637 posts

Posted by nekosan > 2017-06-13 07:36 | Report Abuse

another billionaire analysis by Calvin after bjcorp, uems and dutaland

paperplane2016

21,571 posts

Posted by paperplane2016 > 2017-06-13 07:37 | Report Abuse

Engtex is low pe, low pb. However debts slightly high tough cash flow okm let's monitor it more to find more answer. It might be a good stock for future.

nekosan

3,637 posts

Posted by nekosan > 2017-06-13 08:05 | Report Abuse

Calvin tactic is buy and hold for 30 years. confirm go up

moneykj

6,107 posts

Posted by moneykj > 2017-06-13 08:34 | Report Abuse

I hv intention to buy Engtex but after tis sorchai article I better put aside becos I know he is the famous Terbalik King in Bursa.

chkhooju

1,706 posts

Posted by chkhooju > 2017-06-13 08:42 | Report Abuse

If you go his recommendations all your money will be trapped.

Posted by Sharewanderer > 2017-06-13 08:45 | Report Abuse

I dont want to be offended but this guy is definitely juz aiming for KYY's chosen counter

paperplane2016

21,571 posts

Posted by paperplane2016 > 2017-06-13 08:51 | Report Abuse

I guess not to be too negative and lets study back fundamental. Is Engtex really that good?

VenFx

14,784 posts

Posted by VenFx > 2017-06-13 08:51 | Report Abuse

Seriously, I think Engtex worth the monitor.
Thus is a sentiment iver its water play going to finalise on Ict 2017.
(If no other mumbo jumbo).
Tough resistant at $1.48, let's see.

Patron

1,163 posts

Posted by Patron > 2017-06-13 09:00 | Report Abuse

He knows KYY is also quite a hated guy in i3 so he chose to aim him to grab some attention. Must be a lonely old fark from Singapore

calvintaneng

53,498 posts

Posted by calvintaneng > 2017-06-13 09:21 | Report Abuse

Good morning paperplane & all here.

All steel companies have high borrowings

Prestar (Bank loan Rm234 millions)
Masteel (Rm309 millions - short term loans)
Jaks ( Rm445 millions)
Engtex (Rm511 millions)

If you look carefully, ENGTEX is backed by High quality Assets like Shophouses.

So ENGTEX has high margin of safety Plus Growth

VenFx

14,784 posts

Posted by VenFx > 2017-06-13 09:24 | Report Abuse

Calvin,
Last time u said COMel high borrowing very dangerous wor...

calvintaneng

53,498 posts

Posted by calvintaneng > 2017-06-13 09:25 | Report Abuse

For comcorp only one solitary factory in Kedah

Go SEE ENGTEX long list of High Quality Assets

VenFx

14,784 posts

Posted by VenFx > 2017-06-13 09:26 | Report Abuse

It's like COMel want to bancrupt wor....
Then now, COMel going up from 0.780 till $1.12 now.
Why change tone fast ger ?

VenFx

14,784 posts

Posted by VenFx > 2017-06-13 09:28 | Report Abuse

Haiyoh,
Next time must sharing view not good to jump decision straight away.
U cross checking the more u are more precise lor.

Anyway, Engtex has already in my wacth list.

Hotrod

730 posts

Posted by Hotrod > 2017-06-13 16:10 | Report Abuse

Jaks has had its price run. Fully valued for now. Engtex, on the other hand, has much higher margin of safety, hence a better bet for now.

mbge7clt

755 posts

Posted by mbge7clt > 2017-06-13 23:11 | Report Abuse

Agreed. But Jaks got backing from Super Investor to turbo charge its price.

calvintaneng

53,498 posts

Posted by calvintaneng > 2017-06-15 09:59 | Report Abuse

Good,

After stale bulls taken away Engtex should move up solidly on its own strong fundamental.

Posted by Wee Kian Ku > 2017-06-16 16:27 | Report Abuse

ehhhh.....this article miss something....the first quarter result profit after tax should exclude the gain on disposable a piece of vacant industrial in johor.....

Posted by Wee Kian Ku > 2017-06-16 16:27 | Report Abuse

i mean engtex

Posted by Cinqueterre > 2017-06-16 16:52 | Report Abuse

why keep going down

calvintaneng

53,498 posts

Posted by calvintaneng > 2017-06-16 19:19 | Report Abuse

Wee Kian Ku

I look at Engtex from 2 investment angles:

1) ENGTEX'S MAIN FOCUS IS WATER PIPES

2) ENGTEX'S SECORDARY FOCUS IS IN PROPERTY INVESTMENTS.

SO SEE THE WHOLE PICTURE OF WATER PIPES PLUS PROPERTY INVESTMENT BUSINESS.

SOME ARE SKILLFUL WITH RIGHT HAND WHILE LEFT HAND IS REDUNDANT.

SOME ARE LEFT HANDED PEOPLE.

ONCE A WHILE YOU SEE A PERSON WITH EQUAL SKILL IN BOTH RIGHT HAND AND ALSO LEFT HAND.

AND ENGTEX HAS SKILL IN BOTH.

AND BOTH CONTRIBUTE WELL TO OVERALL GOOD PERFORMANCE

calvintaneng

53,498 posts

Posted by calvintaneng > 2017-06-16 19:25 | Report Abuse

Cinqueterre,

Look at intrinsic value and invest accordingly.

Price going down does not matter if company is doing fine.

See Calvin's Wangzheng closed at Rm1.62 today at a new all time high.

Last time when I called for a buy on WangZheng the market responded sheepishly.

Now that Hong Kong investor offers to take WangZheng private people only start interested and chased it to new high.

So just buy while cheap. Don't care how others react. One day the Value of Engtex will emerge like WangZheng and people might also chase engtex into overvaluation.

By then you must resist the urge to chase.

Posted by stonebridge > 2017-06-29 23:27 | Report Abuse

Rubbish article... a fresh grad with 2years experience in investment can easily beat you.

greatful

1,644 posts

Posted by greatful > 2017-07-01 15:38 | Report Abuse

stone, show respect please, even cold eye also show respect to others.

gnstyy

4 posts

Posted by gnstyy > 2017-07-03 10:49 | Report Abuse

Tan Teng Boo Follower - look at his eclectic portfolio - Nothing wrong with that

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