Posted by TheContrarian > 1 month ago | Report Abuse

Good luck to you.

Posted by jaynetan > 1 month ago | Report Abuse

Good return nice sleep

Posted by TheContrarian > 1 month ago | Report Abuse

Must thank laulau for continuously promoting Engtex.

Posted by laulau > 1 month ago | Report Abuse

Morning Friends & Gentlemen! I rest my case for Engtex! Have been busy counting profit so didn't post much lately. For those who benefited from my recommendation. Please have a look at my other recommendations like Kobay, Muhibah & even CTOS now selling at a discount!

Contrarian
Must thank laulau for continuously promoting Engtex.

Posted by G-boy > 1 month ago | Report Abuse

thank laulau...
forum need more positive sound and not fighting argue sound..
world peace

Posted by NgWS90 > 1 month ago | Report Abuse

They need more bonus issue 😆

Posted by calvintaneng > 4 weeks ago | Report Abuse

UNDERSTANDING DIFFERENT FORMS OF VALUE IN VALUE INVESTING, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-03-story-h-155170407-UNDERSTANDING_DIFFERENT_FORMS_OF_VALUE_IN_VALUE_INVESTING_Calvin_Tan

Posted by mf > 4 weeks ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

39,599.06

-748.91

1.85%

Nasdaq

NASDAQ Composite

16,751.99

-442.15

2.57%

Posted by mf > 3 weeks ago | Report Abuse

5056 ENGTEX, ENGTEX GROUP BHD - +
Additional Listing Announcement /Subdivision of Shares
6 Aug 2024, 11:43
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Exercise of Warrants
Details of corporate proposal : Conversion of warrants to ordinary shares
No. of shares issued under this corporate proposal : 1,000,000
Issue price per share ($$) : 0.7000
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 445,089,301
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 303,098,787.830
Listing Date : 07/08/2024
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by Noni > 3 weeks ago | Report Abuse

Recommended by many analysts.

Posted by mf > 3 weeks ago | Report Abuse

target 0.860

Posted by soonning65 > 3 weeks ago | Report Abuse

Probably can hit 0.80 today

Posted by sephiroth > 3 weeks ago | Report Abuse

Did anyone get the bonus shares?

Posted by jaynetan > 3 weeks ago | Report Abuse

Monday to appear in your portfolio

Posted by sephiroth > 3 weeks ago | Report Abuse

OK thanks

Posted by TheContrarian > 2 weeks ago | Report Abuse

After ex-bonus did Engtex hit 86 sen? 80 sen?

Posted by soonning65 > 2 weeks ago | Report Abuse

Neither. It hit 73 sen if I am not wrong

Posted by jaynetan > 2 weeks ago | Report Abuse

78

Posted by TheContrarian > 2 weeks ago | Report Abuse

I hope you guys made lots of money in Engtex and Engtex-WB like I did.

Posted by damansaraeagle > 2 weeks ago | Report Abuse

sorry okay, 0.665 now

Posted by damansaraeagle > 2 weeks ago | Report Abuse

SORRY WORST 0.65

Posted by damansaraeagle > 2 weeks ago | Report Abuse

FREE FALL

Posted by damansaraeagle > 2 weeks ago | Report Abuse

SUPPORT COMING IN AT 0.655

Posted by elmendaman > 2 weeks ago | Report Abuse

buy on weakness

Posted by TheContrarian > 2 weeks ago | Report Abuse

🤦

Posted by Richdady > 2 weeks ago | Report Abuse

Shit...after thy split this share.. stock damaged,... Played with retailers

Posted by damansaraeagle > 2 weeks ago | Report Abuse

no support at all

Posted by damansaraeagle > 2 weeks ago | Report Abuse

Engtex Group Berhad's shares have experienced a significant drop recently. As of today, the share price has fallen by 38% over the past month, which has raised concerns among investors. The drop in share price is largely attributed to a decline in the company’s earnings, which have been underperforming compared to the broader market. Despite this, some investors remain optimistic due to the company's forecasted growth over the next few years, which is expected to be higher than the market average. However, the company's current price-to-earnings (P/E) ratio remains high, which suggests that the market has high expectations for its future performance​

Posted by damansaraeagle > 2 weeks ago | Report Abuse

lowest point 0.64 , support ?

Posted by damansaraeagle > 2 weeks ago | Report Abuse

0.67 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by Cheah5555 > 2 weeks ago | Report Abuse

The earlier rise in price was mainly due to bonus issues, the counter might need to rest or consolidate before going up again !

Posted by mf > 1 week ago | Report Abuse

collect

Posted by TheContrarian > 1 week ago | Report Abuse

Why are you people interested in a stock that is spiraling down?

Posted by Icon 888 > 1 week ago | Report Abuse

No Show already la..

Posted by OSWALD > 1 week ago | Report Abuse

https://youtu.be/znF-610aj5c?si=IrCG2sDGhCmuXlrM

Posted by keng88 > 1 week ago | Report Abuse

The 0.615 support is now waiting for the dealer to eat enough and then push it back up.

Posted by laulau > 1 week ago | Report Abuse

Undated Analysis On Engtex.

Good Afternoon Friends & Gentlemen!
We are Back! Did you managed to Grab cheap stocks during yesterday's panic selldown? The fundamentals on Engtex remains intact even after Bonus issue! Price remains cheap at 0.625 when the adjusted price should be 0.81 after Bonus Issue!

Recommendation: Accumulate on any weakness!

Who is Engtex?
https://www.engtex.com.my/

The Case For Engtex! Bursa is still strong at 1642 points with more upside!

Engtex Group Proposed 3-for-4 Bonus Issue
OUTPERFORM ↔Price: RM1.19
By Nigel Ng nigel@kenanga.com.my

Target Price: RM1.41
ENGTEX has proposed a 3-for-4 bonus share issue. We are neutral with backlogs and a strong pipeline of new projects.
Maintain OUTPERFORM. Expected Capital Gain: +RM0.27/+23.7% on the exercise. It is poised to benefit from the revival of water projects and improved steel product prices. We maintain our Expected Total Gain: +RM0.278/+24.4% forecasts and TP of RM1.41 with OUTPERFORM call.

Our TP will be KLCI Index 1,617.86 adjusted to RM0.81 post the exercise.

Stock Information
ENGTEX has proposed a 3-for-4 bonus share of up to 414.3m new ENGT MK Equity shares, of which we are neutral.

Nonetheless, its near-term prospects are strong, underpinned by outstanding order book of RM166m (MS pipes: RM120m, DI pipes: RM46m). Meanwhile, its tender book stands at RM403m (MS pipes: RM328m, DI pipes: RM75m). These numbers are likely to rise over the immediate term as water 52-week range (H) 1.23 52-week range (L) 0.58 operators kick start their long overdue water projects on the revival of water projects on stronger finances of water operators following the recent water tariff hikes. These include:
(i) non-revenue water (NRW) reduction initiatives or pipe replacement, and
(ii) construction or upgrading of water treatment plants (including the consolidation of old and small plants to optimize cost). We understand that water operators are currently identifying old pipes to be replaced and working out the cost to be submitted to the Ministry of Finance (MOF) for approval. According to Malaysian Water Association, water operators have thus far submitted proposals to the MOF for water projects worth ~ RM4b.

Posted by laulau > 1 week ago | Report Abuse

Morning Friends & Gentlemen! Price remains cheap at 0.63 when the adjusted price should be 0.81 after Bonus Issue!
Since fundamentals remains intact Rebound is coming soon! Once reached 0.81, Engtek should break Penny Stock status to resume soft target 1.23 followed by TP1.38~1.41 with so many Water & DC infrastructure projects in the pipeline before next Budget Announcement?
Recommendation:
Accumulate on current weakness before Institutional & Foreign Funds comes in, while we wait for the next Breakout!

Posted by laulau > 1 week ago | Report Abuse

Malaysia shines as foreign investors return, peers stumble
By Reuters
August 22, 2024

The stock benchmark KLCI has risen more than 12 per cent this year on the back of an AI-driven data center boom, outperforming the 6.0 per cent rise in the MSCI Southeast Asia index .

The stand-out sectors of construction, power, and infrastructure offer "investors a chance to move beyond the tech and consumer names that dominate in other regions", Vikas Pershad, portfolio manager for Asian equities at M&G Investments, said.
https://www.nst.com.my/business/corporate/2024/08/1095171/malaysia-shines-foreign-investors-return-peers-stumble

Posted by keng88 > 1 week ago | Report Abuse

QR GG

Posted by Qwertyuiop > 1 week ago | Report Abuse

Selling dried out, buy on weak qr, expecting better QRs in the near future.

Posted by TheContrarian > 1 week ago | Report Abuse

🤦

Posted by NgWS90 > 6 days ago | Report Abuse

Buy and TP at 81 cents like Kenanga

Posted by damansaraeagle > 5 days ago | Report Abuse

when Mr NgWS90 that we can go 81 cents ???? tommorrow or thrusday or friday ?

Posted by keng88 > 5 days ago | Report Abuse

At the last five minutes, the dealer came in to buy it. There should be a play tomorrow.

Posted by damansaraeagle > 4 days ago | Report Abuse

keng88, they call it a bluff. Nothing happen. Goes down bad 0.61

Posted by damansaraeagle > 4 days ago | Report Abuse

now buying at 0.615

Posted by keng88 > 3 days ago | Report Abuse

Damansaraeagle, Engtex still washing dishes. bought low and waited.

Posted by NgWS90 > 3 days ago | Report Abuse

How low is your low, keng88 ? 😁

Posted by keng88 > 2 days ago | Report Abuse

NgWS90 , Look at 0.60