ENGTEX GROUP BHD

KLSE (MYR): ENGTEX (5056)

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Last Price

0.625

Today's Change

+0.005 (0.81%)

Day's Change

0.615 - 0.63

Trading Volume

3,453,300


10 people like this.

2,762 comment(s). Last comment by keng88 2 days ago

SinGor

4,834 posts

Posted by SinGor > 2015-07-20 12:47 | Report Abuse

HaHa. I think Jokerforever7 is going to win the bet.

DickyMe

14,698 posts

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

Price broke 1st resistance @1.25. Next resistance area 1.36-1.45.

Icon8888

18,658 posts

Posted by Icon8888 > 2015-07-20 13:52 | Report Abuse

seriously, what should be the target price ? Is RM2.00 achievable ? I can wait 2 to 3 years

Ring

6,522 posts

Posted by Ring > 2015-07-20 14:03 | Report Abuse

2 mths to ink agreement, i feel 1.50 possible, once agreement signed 1.80 then up n down game may start.Then Q report important n basing on that Fund Mgrs hv to give their TP. For those new comers who feel jittery can hold for 2.00... 3mths from now....palm oil price+crude oil price is not imoroving so this stocks r down so fund mgrs will come here wt big volume n volume is what pushes price up....good luck trade at yr own risk.

Icon8888

18,658 posts

Posted by Icon8888 > 2015-07-20 14:42 | Report Abuse

I don't agree with kenanga analyst view that pipe replacement will be slow (today The Star)

I think it will be implemented quickly. Selangor running out of water

Ring

6,522 posts

Posted by Ring > 2015-07-20 15:01 | Report Abuse

....everywhere pipe leaking n alot of water wastage & Langat2 + water replacement pipes r long overdue,

Ring

6,522 posts

Posted by Ring > 2015-07-20 16:53 | Report Abuse

U read all d media news incl of weekly Edge & Focus, u can make a better Remiser dont depend on d fund mgrs they r all dirty syndicated players!!!!!!!!!

Posted by Jokerforever7 > 2015-07-20 22:43 | Report Abuse

Yeah don believe too much on kenanga.. They got their own trader and their report just benefit to them and lure people come in.. Trade with ur own understanding will be better.. Don get influence by other..

SinGor

4,834 posts

Posted by SinGor > 2015-07-20 22:48 | Report Abuse

http://www.thesundaily.my/news/1494881?ref=yfp

This will help engtex bottom line sooner than expected ( faster pipe replacement to reduce NRW)

Icon8888

18,658 posts

Posted by Icon8888 > 2015-07-20 23:39 | Report Abuse

Wow, this is definitely a good news

I think the Kenanga analyst can go jiasai

People already can smell money, he still smell shit

Icon8888

18,658 posts

Posted by Icon8888 > 2015-07-21 09:33 | Report Abuse

warrants 50 sen now. Why I didn't buy more at 40 sen ? (knock my head)

titus

4,159 posts

Posted by titus > 2015-07-21 09:54 | Report Abuse

Lol...instead of cursing kenanga, should also do the same to the person telling grandpa story on how he bought low and beware of engtex...bla bla bla. So happy to see engtex to rise and i really hope it goes 1.50 so that spammer will stop spamming on every forum.

SinGor

4,834 posts

Posted by SinGor > 2015-07-21 09:55 | Report Abuse

HaHa. Karam Bumi

Posted by desmond0802 > 2015-07-21 21:55 | Report Abuse

Same as me , thinking to buy warrant at 0.445 last week but busy with my work .....so miss out another flying boat

ccInvest

120 posts

Posted by ccInvest > 2015-07-23 10:38 | Report Abuse

high volume early morning, but price no moving. someone transfer big vol of share in open market?

TomyamGong

4,144 posts

Posted by TomyamGong > 2015-07-23 15:25 | Report Abuse

good news is on the way

ring

6,522 posts

Posted by ring > 2015-07-23 19:12 | Report Abuse

Countdown starts from today, 50 days left to sign agreement!

Icon8888

18,658 posts

Posted by Icon8888 > 2015-07-24 11:33 | Report Abuse

Judging by the buy queue, I can say that there is tremendous appetite for Engtex shares. But the buyers not willing to pay more until water deal completed.

If that is the case, we can expect major re rating the moment the deal is done. The buyers will go all out to chase, they won't give face

TomyamGong

4,144 posts

Posted by TomyamGong > 2015-07-24 11:47 | Report Abuse

Retailers will only buy it when price start moving .. this is what will happen as usual.

TomyamGong

4,144 posts

Posted by TomyamGong > 2015-07-24 11:48 | Report Abuse

however by the time when it's moving, maybe the price almost hitting the peak already

damagpie

281 posts

Posted by damagpie > 2015-07-24 20:11 | Report Abuse

1.32 is a temporary top.

Should consolidate to around 1.20 level.

Ring

6,522 posts

Posted by Ring > 2015-07-24 21:55 | Report Abuse

Last 3 days Dow was red yet still can sustain around 1.30, next wk if Dow positive then Eng....may move up to 1.40, my TP for next wk....?

DickyMe

14,698 posts

Posted by DickyMe > 2015-07-25 18:24 | Report Abuse

On the way to cover gap created last Dec....

Ring

6,522 posts

Posted by Ring > 2015-07-25 22:55 | Report Abuse

Friday closing Dow negative 160pts!

Posted by desmond0802 > 2015-07-25 23:04 | Report Abuse

Ci index or the major blue chips might affect or drop however I believe the others were still possible performing..... Like the past few days ....

Ring

6,522 posts

Posted by Ring > 2015-07-26 22:51 | Report Abuse

Klci may drop but demand for Engtex good so price may sustain!

DickyMe

14,698 posts

Posted by DickyMe > 2015-07-27 09:08 | Report Abuse

Gap cover around @1.86. If can reach 1.60, more than good enough...

DickyMe

14,698 posts

Posted by DickyMe > 2015-07-28 10:34 | Report Abuse

Cabinet reshuffle, market jittery.

JJchan

7,182 posts

Posted by JJchan > 2015-07-28 10:57 | Report Abuse

Najib becomes Home Minister. Say Good things and you are okay

Ring

6,522 posts

Posted by Ring > 2015-07-28 14:36 | Report Abuse

PAC now deputy home minister then what happen 1MDB????????????

Posted by joetan92 > 2015-07-30 09:24 | Report Abuse

what happened to engtex? keep dropping

DickyMe

14,698 posts

Posted by DickyMe > 2015-07-30 12:18 | Report Abuse

Sudden cabinet reshuffle, all agreements in limbo? LOL..60 days, now may take 600 days

SinGor

4,834 posts

Posted by SinGor > 2015-07-30 14:44 | Report Abuse

As long as Najib is still PM, all contracts are Good. PAAB and Selangor are discussing finer
details only. Splash new offer will be coming in 2 weeks times. Sept completion is still on
bcoz no announcement till now.

Ring

6,522 posts

Posted by Ring > 2015-07-30 17:49 | Report Abuse

Whatever happens d carawan will be moving n so is buisness.

SinGor

4,834 posts

Posted by SinGor > 2015-07-30 22:28 | Report Abuse

http://www.malaysiakini.com/news/306778

Selangor approved Langat 2. Deal coming very fast

Icon8888

18,658 posts

Posted by Icon8888 > 2015-07-30 22:32 | Report Abuse

Thanks

ocbc

1,076 posts

Posted by ocbc > 2015-07-31 19:21 | Report Abuse

Azmin doing a smart job now. Close the deal fast. Make a name for PKR and be considered as PM in the future.

Ring

6,522 posts

Posted by Ring > 2015-07-31 22:04 | Report Abuse

KUALA LUMPUR: Pengurusan Aset Air Bhd (PAAB) is optimistic that the transfer of water assets in Selangor to the company can be completed ahead of the 60-day expiration deadline.

Chief Executive Officer (CEO) Datuk Ahmad Faizal Abdul Rahman said cooperation from all parties were good as there was mutual understanding that if they did not move on from this successfully, the deal would not go through.

“Negotiations are proceeding smoothly, and I believe there is no problem to resolve the water crisis for Selangor earliest by the end of August.

“We will do this as soon as possible…as long as this issue is not resolved the Langat 2 project cannot carry on smoothly,” he told reporters on the sidelines of PAAB’s Aidilfitri Open House here, today.

The water restructuring Supplemental Agreement was signed on July 10 by Ministry of Energy, Green Technology and Water Secretary-General Datuk Loo Took Gee, Selangor State Secretary Datuk Mohamed Khusrin Munawi, Pengurusan Air Selangor Sdn Bhd CEO Suhaimi Kamaral Zaman and Ahmad Faizal.

The signatories have 60 days to fulfill the Condition Precedents in the principal agreement.

On the Langat 2 project, Ahmad Faizal said the progress was at a 22 per cent completion rate.

“We are waiting for the Selangor government to release all permits and approvals, which are expected after the completion of the water supply services restructuring,” he said.

When asked whether water tariff would increase after the water supply services restructuring was completed, Ahmad Faizal said: “It is not PAAB’s responsibility to look at water rate as it is the prerogative of the respective state governments.

But as far as I know, water rate is not going to go up.” — Bernama

ocbc

1,076 posts

Posted by ocbc > 2015-08-01 14:10 | Report Abuse

yes, it definitely will complete much earlier, both Azmin n Najib needs to close it fast to have name in the history and show REAL GOOD JOBs been done to the Rakyat !!

Posted by joetan92 > 2015-08-03 09:14 | Report Abuse

so this can keep ?

rizerlee

752 posts

Posted by rizerlee > 2015-08-03 18:00 | Report Abuse

keep dropping in price
investor want to see the real deal but not rumour.

Posted by Terence Chin Yun Peng > 2015-08-04 09:27 | Report Abuse

syndicate is cb kia ... purposely press down price after news come out on 20/7

Posted by Terence Chin Yun Peng > 2015-08-04 09:36 | Report Abuse

good counter engtex ... dropping but vol decreasing .. mean syndicate really kanasai puprposely press down ... buy along d way !!

Posted by Terence Chin Yun Peng > 2015-08-04 09:37 | Report Abuse

syndicate saw me scold him then go whack down d counter again ...

ccInvest

120 posts

Posted by ccInvest > 2015-08-04 16:15 | Report Abuse

market too bad!

Posted by Terence Chin Yun Peng > 2015-08-04 16:19 | Report Abuse

i will collect again if drop till 1.15

titus

4,159 posts

Posted by titus > 2015-08-04 16:20 | Report Abuse

Oppsss.. Engtex sliding..

Ring

6,522 posts

Posted by Ring > 2015-08-04 17:37 | Report Abuse

Fund Mgrs going all out to push price down to collect, dont panic!

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