Posted by Daz Ng > 2015-07-10 20:37 | Report Abuse

Monday only gap up. Wait till greece head wind disappear first then only GORENG. This way, seller will be lesser and easy to push.

Posted by Daz Ng > 2015-07-10 20:38 | Report Abuse

We are investing guys, not gambling. How can we expect the price to go up so fast??

Posted by desmond0802 > 2015-07-10 20:49 | Report Abuse

The fact is the price like ridding the roller coaster , up & down very fast within a week . You can check the history

Posted by sheep > 2015-07-10 21:09 | Report Abuse

buy on rumours, sell on news...
Rumour is Engtex might get the pipe contracts. wakakakaka

Posted by Icon8888 > 2015-07-10 21:35 | Report Abuse

Too early to sell. This is a big swamp of fish coming. Don't just run away after getting some small shrimps

Posted by desmond0802 > 2015-07-10 22:02 | Report Abuse

When and what TP to sell .....I already hold this shares for quite some times. Also , took many times roller coaster ride.

Posted by Icon8888 > 2015-07-10 22:56 | Report Abuse

If u r patient, u wait for agreements signed

If u more patient , wait for contracts to be awarded

If u even more mire patient, wait for earnings from new contracts to trickle in

Why should u be so patient ?

Because if u sell Engtex, where are u going to put your money ? Will the new investment give u return ?

This is not a trick question, it happened to me so many times, when I look back, might as well just hold on until earn big big big big

Posted by Daz Ng > 2015-07-11 07:30 | Report Abuse

Desmond, if you are not a contra player but a genuine investor, why bother about the roller coaster ride? The roller coaster ride in engtex is just peanuts bro. There are a lots other stock which is like jumping off the roof of kl tower.

Posted by Ring > 2015-07-11 09:38 | Report Abuse

First must get d contract.First TP 1.50 n Warrant 60cts. Second TP 1.80-2.00. Price also depends on self-made global scenario hence to be safe buy niw n 1.50 run n dont come back....my2c....

Posted by Ring > 2015-07-11 09:41 | Report Abuse

From past experience W moves up very fast n friday Dow closing 257 positive so.....!!!!!!

Posted by Daz Ng > 2015-07-13 09:04 | Report Abuse

The edge financial daily quoted analyst sees signing of the supplemental agreement as a positive move for the water sector and water related industries, as it paves the way for much needed pipe replacement in selangor. It is very positive for JAKS and ENGTEX.

Posted by Ring > 2015-07-13 09:37 | Report Abuse

No doubt water agreement sealed but d final agreement shall be signed in 2 mths time so now "up n down" of d monkey game shall take place during this period so you......!

Posted by SinGor > 2015-07-13 10:20 | Report Abuse

2 months is the max. date agreed upon but maybe only 3 weeks are needed. Now only discussed
with PAAB about finer details of debts structures ( major ones already agreed by Khalid--cannot
changed ) KPS already discussing with Azmin for 6 months. If there no agreement with KPS
why Azmin is so hurry to sign the Supplemental agreement (even threaten Fed to expose
that it is Fed who is doing ALL the U-turn). Azmin is a opportunitist he will use Fast closing
of the water deal to launch his Image as Pakatan Leader

Posted by one688easy > 2015-07-13 13:15 | Report Abuse

Yes, Azmin will close this chapter fast. Show he has done a good jobs.

Posted by one688easy > 2015-07-13 13:17 | Report Abuse

If u did well this round, he may be considered as PM after next election.

Posted by SinGor > 2015-07-13 13:21 | Report Abuse

Wow. PM

Posted by TomyamGong > 2015-07-13 15:02 | Report Abuse

Engtex would be the biggest winner about the contract.

Posted by angel7788 > 2015-07-13 16:53 | Report Abuse

Azmin would be the biggest winner.....if jadi PM ! Lol

Posted by desmond0802 > 2015-07-13 19:50 | Report Abuse

Moving forward positive trend for Engtex today , buyer more than the seller . Hope this week or after raya the price will climb gradually .....

Posted by desmond0802 > 2015-07-13 20:48 | Report Abuse

Anyway thanks for your guys advise , I will continue to keep and hold steadily for this account.

Posted by Ring > 2015-07-14 08:42 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/07/14/Gamuda-gains-on-water-deal-optimism/?style=biz

Posted by Ring > 2015-07-14 08:44 | Report Abuse

Dow +217 pts I expect some Raya run b4 consolidation probably may hit 1.30...?

Posted by BLTN > 2015-07-14 11:26 | Report Abuse

Here we go

Posted by desmond0802 > 2015-07-14 18:36 | Report Abuse

A good higher closing but the buyers volume is declinIng .Hope tomorrow able to sustain

Posted by Icon8888 > 2015-07-15 11:57 | Report Abuse

hmmm... moving again... looked like still got room to go... I think it is still early stage for water play and more money flowing in.....

Posted by TomyamGong > 2015-07-15 13:41 | Report Abuse

any surprise for today? i have been holding this since 2 months ago .. Engtex !! You can do it !! haha

Posted by Ring > 2015-07-15 18:19 | Report Abuse

after US/Iran sign agreement crude oil price dropping so r d oil stocks so ppl may rush to Engtex which is one of the top stocks besides Mitra, Minho ........etc

Posted by ccInvest > 2015-07-16 11:54 | Report Abuse

today half day trading, i think not much performance on this counter.

Posted by SinGor > 2015-07-16 18:26 | Report Abuse

Engtex will move next week to 1.30 - 1.40 ( Jaks is surging / Big collection in KPS & Puncak is
turning Green at T+4 )

Posted by desmond0802 > 2015-07-16 21:26 | Report Abuse

Thinking to buy more but only warrant bcoz much cheaper .
Singor San , what is your forecast TP for Engtex warrant and now is 0.445
The next up TP for warrant ?

Posted by SinGor > 2015-07-17 07:34 | Report Abuse

desmond. I don't know much about warrant but i can tell you i key in 200K @ 0.305 --3weeks
ago --didn't even get one lot. Now it is 40% gained. Really cannot swallow this loss.
Caution: Fast Up also means Fast Down. Trade with caution.

Posted by Ring > 2015-07-17 09:23 | Report Abuse

Engtex is being speculated on d Langat2 project n they being d largest pipe suplliers not only here also to S'pore n 3rd world countries hence Engtex getting d contract seems very positive.Warrant has a conversion value of 1:1 n to me shd Engtex gets d contract 1.80-2.00 chances r good n warrant moves in tendem with mother.If mother 1.80 then W 1.00. My past experience W moved very fast n very high.Do some homework google n see what was d last prices b4 bonus issues to dilute d shares.....Q @ 305 u must be kidding I dont think it may even drop to 40 unless Global crisis but always remember Fund Mgrs capable of any damage....my2c

Posted by Icon8888 > 2015-07-17 09:42 | Report Abuse

today's The Star quoted Puncak boss as saying that he is worry the deal might not materialise as two months is too long a period for completing the conditions precedent. He suspects government delaying tactics.

come to think about it, if Puncak boss can think like that, there must be many other investors having the same thoughts and they will only start buying engtex when things looked more confirmed.

If that is the case, we are talking about a gradual re-rating process whereby more and more money will pour into water stacks as the whole pipe replacement process unfold as follows :-

(1) sign water deals
(2) water deals conditions precedent fulfilled
(3) completion of water deal, money goes into Puncak pocket
(4) government announce details of pipe replacement
(5) awarding of contract
(6) earnings of pipe makers started reflecting new contracts contribution

btw, don't take what I said above too seriously, I am just saying it to feel "song", not my intention to mislead anybody to buy Engtex shares, ha ha

Posted by Ring > 2015-07-17 09:48 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/07/17/So-near-yet-so-far/?style=biz

Posted by Ring > 2015-07-17 09:54 | Report Abuse

Crude oil n palm oil prices low so punters looking for other stocks n this counter seems promising hence fund mgrs r on d prowl.Water deal @ Govt level hv been finalised its a matter of inking.Fund mgrs hv paid this guy to give some negative talk to welcome panic sellers.I dont trust this clowns as i had enough wt these master mind punters.Well! make use of opportunity n if at all W drops to 40 good buy.....good luck?

Posted by one688easy > 2015-07-17 13:39 | Report Abuse

Don't worry. Azmin has gotten what he wants. He is the winner know , so he just need to speed it up and close the subject via his hand fast.

BN is another winner , they have to close this subject fast to show real jobs been done for the rakyat !!! (especially now )

Posted by Icon8888 > 2015-07-18 10:28 | Report Abuse

i think the water pipes replacement program should kick start very soon. Selangor really running out of water

Posted by skel27 > 2015-07-18 16:11 | Report Abuse

Absolutely no reason to sell engtex right now

Posted by calvintaneng > 2015-07-18 16:40 | Report Abuse

Pipes replacement theme was an old story.
Last time these 3 companies were highlighted - Yli, Engtek and Jaks.

I bought Yli at Rm3.00, Engtek at 90 cents at Jaks at 60 cents then in 2006 to 2007, I think.

Yli was chased to a high of rm3.60 and Jaks jumped to over Rm1.20
My Engtek up only a little when I sold all 3.

Yli the highly popular pipe stocks was recommended highly by analysts due to the durable ductile iron pipes as the best.

However, Yli turned out to a total disappointment when it crashed 90% to only 30 cents.

Jaks also crashed by more than 70%

Since Engtek didn't go up much and with P/E around 5 coupled with strong share buyback support Engtek eventually emerged the winner when its share doubled to over Rm2.00 and split to around Rm1.00

I am now amazed that Engtek is now so popular just like Yli was at the peak of Rm3.60

So becareful now.

Those who don't know the past is bound to make the same past mistakes!

Posted by Icon8888 > 2015-07-18 17:50 | Report Abuse

Last time the star water pipe play was YLI. But they sold the company to a crook, so screwed up already

Recently jaks abandon ship

Only Engtex left as a credible player

Posted by Jokerforever7 > 2015-07-18 23:02 | Report Abuse

Calvintan is making a ridiculous comparison.. How can you assume all the company did like YLI make loss which cause the share price slumped.. Even with the share price of rm1.25 now, engtex is still trading with a low P/E ratio and obviously it not at the peak now.. Engtex has been oversold after bonus issue and right now it just back to the price after bonus.. The most important thing is that engtex is having a very solid financial report even during crisis.. This show how good the management is in handling tough time and With the recent news, engtex can climb even higher, and only when it reaches rm2 u can say it reaches peak but surely not now.. Now is the golden time for engtex to shine after hibernated for such a long time..

Posted by calvintaneng > 2015-07-18 23:29 | Report Abuse

Yes ah?

I didn't say Engtex is bad. Engtex came up a low of 38 cents in year 2006 to Rm2.48 (After Split is now Rm1.24). I also bought these cheap shares then - Muda at 32 cents, Oka at 35 cents, SBCCorp at 45 cents, Perak Corp at 60 cents & CenBond at 50 cents. All have gone up. As commodity related stocks are cyclical I just caution all to be careful. That's all.

Posted by calvintaneng > 2015-07-19 00:00 | Report Abuse

One more thing I want to add about bullish stock.

In year 2006 I bought PJ Development(Mother share) at only 45 cents when Dr. Neoh from Dynaquest recommended it in his monthly digest.

I sold PJD for over 70 cents in year 2007 before Lehman Brothers' debacle. Later PJD Shot Past Rm2.20 to my amazement! Then "experts" call for a bullish buy on PjD at such lofty price. PjD later weakened in price.

The lesson is this.

Always go defensive. It is too dangerous to chase high flying stocks.
Take China Stock Market for example. How many were sucked in by greed at the peak. Now facing horrendous losses!

So try to control yourselves during market euphoria.

Remember Calvin's 3rd Rule

HE THAT IS LOW NEEDS FEAR NO FALL.

Return OF capital more important than return ON capital.

Good night.

Tomorrow wake up early for Church or visit www.chick.com

Posted by Icon8888 > 2015-07-19 10:32 | Report Abuse

This one went up 15 sen only. Don't talk like dot com bubble, ha ha

Posted by Jokerforever7 > 2015-07-19 12:29 | Report Abuse

Yeah when it drop more than 20 sen that time no1 say oversold but up 15 sen then reached peak? What a funny joke.. Calvintan, do u dare to bet with me? If engtex reaches rm1.50 stop promoting how good u are in the past in every forum.. No1 want to listen to the past but future.. If if it reaches rm1.80 then please stop comment on every forum and abandon ur acct in order to stop misleading people.. In return, if engtex can't even passed rm1.50 and this level is really the peak within 2 months time.. I will stop commenting and u will be proved to be a excellent investor.. Dare to take the challenge? I am bored to see u comment on so many counter asking people buy and cause people to be trapped

Posted by Icon8888 > 2015-07-19 12:44 | Report Abuse

Bet bet bet. Got substance no need scare challenge

Posted by Ring > 2015-07-19 15:54 | Report Abuse

http://www.malaysiakini.com/news/305512

Posted by Ring > 2015-07-20 10:45 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/07/20/Engtex-eyes-RM300m-jobs/?style=biz

Posted by Ring > 2015-07-20 10:55 | Report Abuse

Fund Mgrs knowing well d prospects of this stk r going to start their dirty game of "up n down",I had my bad experience with Mitra, it was haggling 88-1.00 for about a yr n suddenly statrted miving very fast now 1.80 n tgt 2.90. Looks like same may happen to Engtex.....

Posted by titus > 2015-07-20 12:46 | Report Abuse

yummy....touched 1.30. Going 1.50 soon?