yoy profit reported higher than last year. turnover declined but profit relatively increased show management well in control cost and improve better margin on its products. whole year profit on 20sen/share is intact. Good prospect on getting more job once water issue in Selangor expected resolved by earlier 2017.
Now, there is a buzz if BN takes over Selangor, Engtex will benefit from it because the water dispute will be resolved since BN control Selangor. Nonetheless, we could see huge contracts to pipe makers as we will need to start replacing the pipes.
i will only consider buying below RM1.10.. Someone keep selling now. No point you buy to support their selling. My source tells me some institutional funds are selling
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 264 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11413 views | 9 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
davidkkw79
5,068 posts
Posted by davidkkw79 > 2016-11-17 13:08 | Report Abuse
Result really good? I really doubt it.