Posted by HuatRex > 2017-05-02 10:14 | Report Abuse

1.27 resistance is damn strong

Posted by ccInvest > 2017-05-02 12:36 | Report Abuse

another high volume day?

Posted by anonboy > 2017-05-02 13:07 | Report Abuse

http://www.theedgemarkets.com/article/construction-banking-stocks-still-have-legs-run-—-analysts

Posted by anonboy > 2017-05-02 13:09 | Report Abuse

http://www.theedgemarkets.com/article/engtex-group-order-book-grows-rm170m-1q17

Posted by anonboy > 2017-05-02 13:12 | Report Abuse

Construction stocks will be promising this year.

Posted by leelc70 > 2017-05-02 15:07 | Report Abuse

secure of more MC (mild cement) and DP (ductile pipe) contract show the demand for the replacement getting higher. If the SPLASH water issue solved and shall benefit of it since Engtex is the biggest manufacturer

Posted by probability > 2017-05-02 16:15 | Report Abuse

tomorrow Engtex' turn to explode..

Posted by ccInvest > 2017-05-02 16:40 | Report Abuse

dosent seem good. few transaction day with superb volume, but the price is not moving. some party is unloading the share?

Posted by hng33 > 2017-05-02 16:42 | Report Abuse

bought back engtex at 1.26

Posted by Hotrod > 2017-05-02 16:54 | Report Abuse

Accumulation stage i believe. Waiting for catalyst to explode.

Posted by samsambank > 2017-05-02 19:55 | Report Abuse

Pipe manufacturer Engtex Group Bhd’s orderbook grew to RM170 million as at March 31, 2017, after the company secured five pipe supply contracts worth RM60 million in the first quarter of 2017.

Engtex said most of these are set to be recognised in financial year ending Dec 31, 2017 (FY2017).

Engtex group managing director Datuk Ng Hook said the company is tendering for more than RM300 million worth of projects nationwide.
http://www.theedgemarkets.com/article/rhb-bank-tenaga-t7-global-vizione-datasonic-maxis-westports-nestle-dutch-lady-mmc-corp-ire

Posted by samsambank > 2017-05-02 19:57 | Report Abuse

Be patient. i think the stock price will surge within one month. Low P/E. good stock

Posted by anonboy > 2017-05-03 11:46 | Report Abuse

http://www.sinchew.com.my/node/1638359/勇达首季攫6000万合约

Posted by Leong0321 > 2017-05-03 11:50 | Report Abuse

agree with samsambank. Good stock, good fundamental and future prospect. Just waiting some catalyst to explode.

Posted by swtue2 > 2017-05-03 15:55 | Report Abuse

Large volume but the price not moving at all?any ideas?

Posted by vzcb1t > 2017-05-03 22:13 | Report Abuse

Why the price never move even got big contract ?

Posted by lwyy60 > 2017-05-04 10:09 | Report Abuse

Buy share is like joining into a bisness. With NTA 1.72 and promising biz, you dont worry about this. This year cimb analysis index will go up between 1820 and 1850. Malaysia incurred serious water loss around 30% or more. It needed to replace more pipeline. This is one of the catalys. It just matter of time it will go up. JUST review this quarter basic. If u monitored big vol recently, it mean ppl are buying into this. As long it is not in recession, just keep this 1 to 3 years and keep into your portfolio. Other then this o & g sector, buy while other in fears. Good luck all.

Posted by lwyy60 > 2017-05-04 14:23 | Report Abuse

Eventhough gov/state gov dont have enough budjet for this, evantually they will need one also.

http://www.thestar.com.my/news/nation/2014/09/04/water-waste-via-leaky-pipes-427-billion-litres-lost-daily-enough-to-supply-perlis-for-53-days/

This news is on 2014. Now 2017, just imagine how serious it is. Hope u all can benefits from this & happy investing all.

Posted by anonboy > 2017-05-05 21:01 | Report Abuse

连续4个月双位数成长 3月出口涨24%首破800亿 http://www.chinapress.com.my/20170505/連續4個月雙位數成長-3月出口漲24首破800億/

The next QR should be extremely good.

Posted by anonboy > 2017-05-05 21:04 | Report Abuse

3月出口增24%胜预期‧总额破800亿．创新高 http://www.sinchew.com.my/node/1640254/3月出口增24胜预期‧总额破800亿．创新高

Posted by Goinvest88 > 2017-05-05 22:27 | Report Abuse

Any relation to engtex?

Posted by Collin Soo > 2017-05-07 10:39 | Report Abuse

Future Outlook part@Annual Report:The steel pipe piles factory in Kuantan, Pahang which was completed in December 2015 has commenced operations and is well positioned to undertake infrastructure projects in the ASEAN region.

Posted by Collin Soo > 2017-05-07 10:43 | Report Abuse

Annual Report 2016: Several strategic investment plans related to our core activities have been undertaken by the Group to maximise the utilisation of resources and provide medium to long term returns of investment, amongst others, as follows:
• upgraded the mild steel concrete-line facility to increase the capacity from 42,000 metric ton per annum to 66,000 metric ton per annum by installing new finishing line in 2016;
• acquired several parcels of industrial land and buildings in Melaka in October 2015 for RM14,380,000 which owns a steel manufacturing facility to expand its range of steel products;
• took full control of the affairs and business direction of EngLen Manufacturing Sdn Bhd, which owns the steel wire mesh plant in Sabah by acquiring the remaining 40% equity stake it does not own in May 2016;
• disposed a parcel of vacant industrial land in Johor for RM11,644,150 in November 2016 as part of the move to divest non-core asset and pare down bank borrowings;
• took full control of the affairs and business direction of Engtex Ductile Iron Pipe Industry Sdn Bhd which owns the ductile iron pipe plant in Kuantan by acquiring the remaining 9% equity stake it does not own in March 2017. Works are in progress in 2017 to invest about RM8.0 million in new facilities to produce larger diameter ductile iron pipe from 800 mm currently to up to 1,200 mm; and
• plan to invest about RM10.0 million in 2017 on a new steel pipe manufacturing plant on a vacant factory building in Kuantan with capacity of 96,000 metric ton per annum.

Posted by samsambank > 2017-05-07 21:20 | Report Abuse

Engtex exports pipes overseas.

Posted by samsambank > 2017-05-07 21:26 | Report Abuse

Price to book: 0.74
http://www.reuters.com/finance/stocks/financialHighlights?symbol=ETEX.KL

Posted by swtue2 > 2017-05-08 09:00 | Report Abuse

Go Go Go...^^

Posted by samsambank > 2017-05-08 11:31 | Report Abuse

CIMB Research retains overweight on construction sector http://www.thestar.com.my/business/business-news/2017/05/08/cimb-research-retains-overweight-on-construction-sector/

Posted by tecpower > 2017-05-08 11:51 | Report Abuse

http://www.isaham.my/stock/engtex
Fair value RM 2.15

Posted by HuatRex > 2017-05-08 14:01 | Report Abuse

What the hell this engtex!

Posted by goodguess > 2017-05-08 15:40 | Report Abuse

the only steel related products that cannot move up. hmm.........

Posted by Collin Soo > 2017-05-08 17:28 | Report Abuse

Show time by tomorrow?

Posted by tecpower > 2017-05-08 18:08 | Report Abuse

Downside risk is very limited. Buy!

Posted by 77huat77 > 2017-05-08 19:09 | Report Abuse

bought

Posted by tecpower > 2017-05-08 23:32 | Report Abuse

http://klse.i3investor.com/m/blog/hleresearch/122373.jsp

Posted by skyjet > 2017-05-09 07:38 |

Post removed.Why?

Posted by goodguess > 2017-05-09 16:43 | Report Abuse

finally man of steel coming to engtex!

Posted by goodguess > 2017-05-09 16:44 | Report Abuse

1.38 then 1.47

Posted by Collin Soo > 2017-05-09 16:44 | Report Abuse

Big block 1.27 successfully cleared!! Top up!

Posted by HuatRex > 2017-05-09 16:47 | Report Abuse

Don't worry, next day will drop back to 1.26. Used to its pattern

Posted by Collin Soo > 2017-05-09 16:54 | Report Abuse

HuatRex@you are cordially invited on the boat!

Posted by goodguess > 2017-05-09 17:02 | Report Abuse

manulife should have completed selling. Someone else took over for long term. man of steel up, up and up.

Posted by HuatRex > 2017-05-09 17:04 | Report Abuse

I hold damn a lot engtex shares since March. A bit of disappointed with its pattern.

Posted by Goinvest88 > 2017-05-09 18:00 | Report Abuse

will it be dropped again with warrant exercise on Thursday?

Posted by ttwong > 2017-05-10 09:24 | Report Abuse

our country is in need for more water infra project/upgrade.

http://www.thestar.com.my/metro/community/2017/03/24/air-selangor-briefs-section-17-residents-on-pipe-replacement-works/

http://www.thestar.com.my/news/nation/2017/05/08/water-projects-in-the-works-efforts-to-ensure-ample-supply-in-johor-to-start-next-month/

Posted by davkitz > 2017-05-10 11:34 | Report Abuse

Correction is over

Posted by Collin Soo > 2017-05-10 16:22 | Report Abuse

i wonder how many profit earn by Manulife that they bought on Feb and sell on Apr?

Posted by Goinvest88 > 2017-05-10 17:07 | Report Abuse

Hi bro, where to get info manulife sell the share, thanks

Posted by Collin Soo > 2017-05-10 17:54 | Report Abuse

check Bursa Malaysia website

Posted by Goinvest88 > 2017-05-10 21:10 | Report Abuse

Manulife ceasing shareholding due increase number of share from warrants issued which I think, not sell share

Posted by ttwong > 2017-05-10 21:36 | Report Abuse

yup, Goinvest88 is right, their ceasing is due to dilution of shareholding, not selling. Therefore their last known trading transaction is in Feb which is buying.