I am collecting all water related counters, salcon and jaks as well. Promising future, even market turns bad, still can hold as the harvest days will come eventually
ENGTEX is one of the largest and leading integrated manufacturer and ‘one-s top’ dis tribution centre in Malays ia for pipes , valves, fittings (PVF), plumbing materials and steel products that specialize in total supply-chain solution provision for water supply, sewerage system, and construction industries.
ENGTEX's businesses are segregated into: 1) Wholesale and distribution (contributed 62% to 9MFY14 revenue);
2) Manufacture division (contributed 32% to revenue)
3) Property division (contributed 6% to revenue) with ongoing residential and commercial development projects in Selayang, and the launching of a new property development project in Kepong.
@Joel, most likely the revenue and net profit in Year 2014 will be better than Year 2013 result. I will enter to this counter soon because P/E ratio is quite low and continuous growth in revenue and profit. Thanks for your information :)
Water talk between Putrajaya n S'gor hv started.MB wants govt to pay for d land along d pipelines n once this is settled Langat2 will take shape.Engtex is situated near Langat2 n they r the leading pipe suppliers not only to M'sia, Singapore n other 3rd world countries.Engtex stand a good chance of getting d contract as their price is competitive.Engtex warrant is very cheap better to accumulate n it start moving, pr now 41 to 80 is not a surprise to me....my2c.
SHAH ALAM: Selangor's Sultan Sharafuddin Idris Shah wants the restructuring agreement for water industry services in the state to be finalised immediately, in accordance with the main agreement signed by the state and Federal Governments on Sept 12, 2014.
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Posted by tjhldg > 2015-02-06 11:22 | Report Abuse
:)