Posted by Icon8888 > 2014-03-14 16:52 | Report Abuse

Does it matter ? We satu malaysia mah : )

Posted by brendonyeap > 2014-03-14 16:55 | Report Abuse

Engtex Wa strong closing at 89 sen. I bought at 88.5 just now
Hope Monday will fly

Posted by Icon8888 > 2014-03-14 16:58 | Report Abuse

I bought at 25 sen in 2011

Posted by Icon8888 > 2014-03-14 16:58 | Report Abuse

Sold 70% at 70 sen

Posted by Icon8888 > 2014-03-14 16:59 | Report Abuse

Today bought back some at 90 sen as industry prospect is getting interesting

Posted by brendonyeap > 2014-03-14 17:00 | Report Abuse

i see, handsome profits!

Posted by Icon8888 > 2014-03-14 17:00 | Report Abuse

Key word is "long term"

Posted by brendonyeap > 2014-03-14 17:03 | Report Abuse

long term + patience = abundance

Posted by Icon8888 > 2014-03-14 17:03 | Report Abuse

Engtex's earnings is more resilient than a lot of people know. Eve during 2008 crisis, they made good profit. This means their business model has strength.

Posted by chinchiaho > 2014-03-14 19:23 | Report Abuse

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

Posted by apprentice > 2014-03-14 19:55 | Report Abuse

Bought this counter maybe 8 years ago. Subscribed to its rights at 50sen with free warrants in Sep 2007. It was struggling at 50 to 70sen range for a good many years. Dividend back then was also pathetic few sens. 20,000 shares with 4,000 rights and 12,000 free warrants cost 14K back then. Now its worth approx 50K? Long wait, but eventually, all is good.

Posted by brendonyeap > 2014-03-14 20:08 | Report Abuse

Wow apprentice, u must hv gained alot!

Posted by Icon8888 > 2014-03-14 21:05 | Report Abuse

Congratulation apprentice. In front of you, I don't dare to call myself long term investors. Your holding period is unbelievably long. Respect !!!

You are sifu, not apprentice

Posted by brendonyeap > 2014-03-14 21:48 | Report Abuse

Should accumulate it now, but i think its worth buying the WA.

Posted by apprentice > 2014-03-14 22:19 | Report Abuse

Icon, it was actually very frustrating holding on to these shares, no movement for years. Many other counters I bought at below 75 sens, eg Latitude, now at 2.50 mark. Best buy was probably Maybank OR in Apr 2009, when Maybank dropped from RM15 to RM4. Subscribed for Maybank at total cost of 3.85. In 5 yrs, with dividend, DRP and capital appreciation, it has gone more than 3 times what I paid. That's the value of investing.

Posted by brendonyeap > 2014-03-14 22:30 | Report Abuse

Yeah i agreed with u apprentice, my mum held Maybank shares since 2003 and now she has 25,000 shares!

Posted by brendonyeap > 2014-03-15 15:18 | Report Abuse

Angelina : u got buy Engtex too? which u bought? WA as well?

Posted by brendonyeap > 2014-03-15 18:21 | Report Abuse

500lots? thats alot...u worth RM1million!

Posted by brendonyeap > 2014-03-15 18:37 | Report Abuse

I see....since when id u invest in Engtex? Which do u prefer? mother or son? i hv Engtex Wa

Posted by brendonyeap > 2014-03-15 19:46 | Report Abuse

Lol...i guess u must hv had alot of enemies in this forum then!

Posted by brendonyeap > 2014-03-16 15:13 | Report Abuse

Angelina: make love, not war :)

Posted by pitt2 > 2014-03-16 15:19 | Report Abuse

why buy engtex... ? in case langat 2 project is cease. engtex will plunge..buy jaks better...new reservoir is aprove to build now to substitute damn..so small pipinng /fiiting is need only as now..i feel jaks will be a beneficial

Posted by brendonyeap > 2014-03-17 11:11 | Report Abuse

will accumulate again the warrants at 82

Posted by brendonyeap > 2014-03-17 13:30 | Report Abuse

why u wana run Angelina?

Posted by brendonyeap > 2014-03-17 22:39 | Report Abuse

what wil happen by end of this week?

Posted by traderman > 2014-03-17 22:52 | Report Abuse

Langatt 2 cooler then water

Posted by brendonyeap > 2014-03-17 23:09 | Report Abuse

what will be the reason for the price drop then? i dont see any correlation btw the construction of a dam vs price drop in Engtx

Posted by up_up_up > 2014-03-18 15:16 | Report Abuse

Related to the price drop? seems like some delay in Langat 2 project.
http://www.theedgemalaysia.com/business-news/280852-highlight-selangors-deferred-projects-to-get-nod-only-in-2017.html

Posted by chinchiaho > 2014-03-18 20:17 | Report Abuse

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.

Posted by brendonyeap > 2014-03-18 20:26 | Report Abuse

I still think the hangover effect of Engtex at 1.88-1.90 is due to the cancellation and resale of its treasury shares. It still hv 8.5million shares to be sold out. But so far, i think the sales are well absorbed by investors, If not, the price would hv free fall and will not sustain at such lucrative level. The sales of the treasury shares will be factored in the next quarterly report in May 2014 as ENgtex had bought back its shares in 2013 at prices below rm1.00.

Posted by sheep > 2014-03-25 01:26 | Report Abuse

3 sen dividend n special dividend coming?

Posted by 390465 > 2014-03-26 22:17 | Report Abuse

very slow counter

Posted by 77cq > 2014-03-26 23:47 | Report Abuse

Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement???
means good ???

Posted by sheep > 2014-03-27 08:33 | Report Abuse

Damn. comp selling its own share again. push up and sell. no good upside limited. wont go down much.

Posted by Icon8888 > 2014-03-27 09:33 | Report Abuse

Not a bad thing, I think. They are realizing value for their investment

Prospects remained positive

Posted by brendonyeap > 2014-03-27 09:35 | Report Abuse

The prices will be range bound untill all the treasury shares are sold

Posted by Goinvest88 > 2014-03-27 21:43 | Report Abuse

They can make a good profit, return it to us...hehehe

Posted by 77cq > 2014-03-27 22:35 | Report Abuse

Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement???
is means good news or ???

Posted by Goinvest88 > 2014-03-29 11:02 | Report Abuse

Good news for investor, bad news for speculator

Posted by pradeep > 2014-04-03 10:44 | Report Abuse

This stock will be in the radar of funds buying.

Posted by WDragon > 2014-04-03 10:46 | Report Abuse

looks like ENGTEX going to break 2.00 anytime

Posted by chinchiaho > 2014-04-03 10:58 | Report Abuse

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

Posted by chinchiaho > 2014-04-03 11:20 | Report Abuse

MBB KE Research gives fair value of RM2.55 today

Posted by pradeep > 2014-04-03 11:27 | Report Abuse

It must breck 1.98 then it will go higher. That since the volume is there I believe it should not be a problem

Posted by pradeep > 2014-04-03 11:31 | Report Abuse

The chart is beautiful and the fundamental of the stock is intact

Posted by WDragon > 2014-04-03 11:48 | Report Abuse

TARGET 2.20

Posted by pradeep > 2014-04-03 12:34 | Report Abuse

Congratulation it broke 2.00 see in the afternoon

Posted by jennylee1382 > 2014-04-03 12:52 | Report Abuse

what is the tp for engtex wa

Posted by WDragon > 2014-04-03 14:20 | Report Abuse

good to see it is going up, more to come

Posted by pradeep > 2014-04-03 14:55 | Report Abuse

Now must breck the previous high 2.02 and thereafter will shoot up