Posted by YiStock > 2013-09-05 14:55 | Report Abuse

http://www.malaysiakini.com/news/240240

Posted by YiStock > 2013-09-05 14:57 | Report Abuse

Langat 2 materialized soon... Engtex may benefit the most http://klse.i3investor.com/blogs/kltrader/32541.jsp

Posted by scenic > 2013-09-10 10:18 | Report Abuse

to buy ?

Posted by stockcrazy > 2013-09-12 08:12 | Report Abuse

graph in 50% up Trend and 50% going down?

Posted by stockcrazy > 2013-09-12 11:39 | Report Abuse

ready to go?

Posted by kkanagasg > 2013-09-12 11:40 | Report Abuse

forget it

Posted by YiStock > 2013-09-12 14:01 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2013/07/25/Prepare-for-Selangor-waterworks-boon.aspx

Posted by YiStock > 2013-09-12 14:03 | Report Abuse

To see it short term full potential in November 2013 besides it's steady biz & EPS

Posted by YiStock > 2013-09-12 14:03 | Report Abuse

BUY!

Posted by YiStock > 2013-09-12 14:07 | Report Abuse

http://www.thestar.com.my/Business/Investing/2013/09/12/Engtex-on-Kenanga-Research-radar.aspx

Posted by Icon8888 > 2013-09-12 14:34 | Report Abuse

engtex should worth RM1.50, easily

Posted by eltaria > 2013-09-12 16:00 | Report Abuse

Buy buy buy~~ I'm biased of course as an existing shareholder :P

Posted by JaniceLove > 2013-09-12 16:56 | Report Abuse

I know I should not be asking this question here...between Engtex and Jaks, which would be a better buy and why?

Posted by stockcrazy > 2013-09-12 17:38 | Report Abuse

graph shown starting uptrend for this stock, if beyond 1.3++, 1.50 are easily touch. actually, my target price is more than 1.60

Posted by Icon8888 > 2013-09-12 18:24 | Report Abuse

Wow stockcrazy I like the way you look at engtex !!!!!

Posted by YiStock > 2013-09-12 21:26 | Report Abuse

Just sharing: of 3 front runners of water piping supplier and likely winner for Langat 2 & water pipe change project. I choose Engtex. Reason being this counter has much much better fundamental compared to the other. Be it strong & relatively consistent EPS (double digit) for the past five years, ROE > 10% and etc ...In other words, if not considering langat 2, this company still making lots of profit.
http://klse.i3investor.com/servlets/stk/fin/5056.jsp

Posted by YiStock > 2013-09-12 21:26 | Report Abuse

see Jaks http://klse.i3investor.com/servlets/stk/fin/4723.jsp

Posted by YiStock > 2013-09-12 21:27 | Report Abuse

See YLI http://klse.i3investor.com/servlets/stk/fin/7014.jsp

Posted by JaniceLove > 2013-09-12 22:47 | Report Abuse

Thanks YiStock..I know what to buy dy..

Posted by heeroo > 2013-09-12 22:56 | Report Abuse

Wow.. good news.. sure can up..

Posted by YiStock > 2013-09-12 23:04 | Report Abuse

suggest buy at different stages instead of one big sum...or else may get trap should correction happen next week.

Posted by JaniceLove > 2013-09-13 07:37 | Report Abuse

Thanks YiStock for your advice..

Posted by 2862862 > 2013-09-13 07:50 | Report Abuse

Yistock, Engtex is strong but YLI is related to Selangor Sultan :)if i am not mistaken

Posted by YiStock > 2013-09-13 08:50 | Report Abuse

Hi 2862862, not Jaks? Anyway, we do not know what will be the end result for the tender but i guess recent GE has put both ruling and opposition under spot light of their every move. Any mis-move, either in policy, or awarding project may become a shooting target. Plus, i'm still trying to source the info whether both JAKS or YLI are actually customers of Engtex. Yet to confirmed. But from the investment point of view, maybe we should go for a counter that is still profitable whether or not they get langat 2 project. So, based on past financial performance, i go for Engtex which no matter win or lose of langat 2, they are still in good shape.

Posted by 2862862 > 2013-09-13 09:55 | Report Abuse

Ha Ha Ha, agree with u bro :) Engtex more strong base on result Engtex the best and PE 4.5 +- but must monitor debt VS cash & risk. If Their stock convert cash RM 2 anytime !

Posted by ckleaf > 2013-09-13 10:01 | Report Abuse

Engtex is the better choice,look back into history esp.YLI....

Posted by eltaria > 2013-09-13 10:06 | Report Abuse

Just to add in, even excluding Langat 2 completely. There's still a lot of new revenue stream coming in, hotel(2014/2015), properties(ongoing). These 2 segments are not entirely realised in current EPS. Assuming jaks or yli is fully occupied with langat 2, it'll create a shortage of pipe supply too, eventually engtex will benefit from it as well indirectly.

Posted by eltaria > 2013-09-13 10:07 | Report Abuse

Also, didn't the star mentioned that engtex's factory is nearest to the langat 2 location? Logistics wise, that's a benefit already.

Posted by 2862862 > 2013-09-13 10:16 | Report Abuse

eltaria, well said. Totally agree with you :) I am in some also small player

Posted by YiStock > 2013-09-13 10:30 | Report Abuse

US's QE tapering around the corner...quite certain of this but do not know the scale of tapering...USD up and gold down...beware and dont play big....any price correction after 17th & 18th Sept FOMC meeting will be good opportunity to "sai lang" for me...ha ha

Posted by YiStock > 2013-09-13 16:09 | Report Abuse

Yeah...who knows JAKS or YLI will buy pipes from Engtex....:-)

Posted by eltaria > 2013-09-13 17:06 | Report Abuse

Short term, where you think it'll go? North or South? I'm not good with short term... good news today is big volume, bad news is, even with huge volume today, it didn't break 1.24 mmm

Posted by YiStock > 2013-09-13 17:24 | Report Abuse

South for next week due to QE tapering and back north in October before budget talk. Then all the way north till November before water talk between khalid & BN

Posted by agnes1432 > 2013-09-14 08:56 | Report Abuse

JAKS and ENGTEX relation ok. they supply gds to each other from time to time

Posted by ProfitMan > 2013-09-14 11:24 | Report Abuse

Need patience with Engtex. It should touch 1.40 to 1.50 in the medium term.

Posted by YiStock > 2013-09-14 16:16 | Report Abuse

Both FA & TA are bullish...the only thing can stop Engtex & -wa is the external factor...pray hard for a deep drop before a crazy hike...then we small investors can have better 3 meals.

Posted by asoh > 2013-09-17 18:41 | Report Abuse

wow, down the hill. What happen?.

Posted by mhchai > 2013-09-17 19:37 | Report Abuse

shake the contra player :D

Posted by asoh > 2013-09-18 13:03 | Report Abuse

That would include me!!

Posted by eltaria > 2013-09-18 15:40 | Report Abuse

couple of weeks ago tabung haji may still have 5 million shares left, after selling a lot in the last round of 1.18-1.25 stages. If they follow same sell pattern in this round, they should've sold all of their engtex shares by now, unless another major shareholder takes profit and keep sell, engtex should climb up now..

Posted by asoh > 2013-09-18 15:42 | Report Abuse

If FOMC news favouable, its up up

Posted by eltaria > 2013-09-18 17:01 | Report Abuse

Again big volume at 1.24, sometimes i wonder if it's just shares exchanged from left hand to right hand... can't be such a coincidence every time big seller is matched by big buyer...

Posted by mhchai > 2013-09-18 17:05 | Report Abuse

LTH clearing engtex

Posted by Stockwatch > 2013-09-18 17:11 | Report Abuse

It is good for big volume and close at RM1.24 as all the sellers were absorbed at the day's closing high.Stock to watch.

Posted by eltaria > 2013-09-18 17:12 | Report Abuse

isn't it strange/coincidence that everytime a big seller comes, there's an equal big buyer? It's like they have a deal already to sell at x price. Imagine if there's no prior deal, and there's this huge sell volume at 1.24, it should put a lot of pressure on the price and send it downward... or if there's this BIG buyer, and there's no prior arrangement, then it should also drive the price up significantly.. anyway, expect TH to be finishing off their shares either today/3 days later at this rate..

Posted by eltaria > 2013-09-18 17:18 | Report Abuse

Anyway, assuming the big fish who bought huge chunks of engtex at 1.24 aren't stupid and is looking for at least 10% gain... 1.24*1.1 = 1.36 TP for the rest of us

Unless, the shares are sold from left hand to right hand to create the impression there's big volume going on... :P

Posted by Stockwatch > 2013-09-18 17:18 | Report Abuse

Sometimes we need patience as right now we are seeing congestion buyers and sellers are equally strong.The fact it closed to match yesterday's closing price showed that the selling is well absorbed.
So it is beginning to move out from the consolidation phase.

Posted by asoh > 2013-09-18 17:22 | Report Abuse

The fact that its up 4 sen is good match for a base setting to up 2morow opening...2 sen observation.....

Posted by asoh > 2013-09-19 11:27 | Report Abuse

Still waiting.....bila nak naik??.

Posted by asoh > 2013-09-19 11:49 | Report Abuse

come on up to rm.1.30 today.....warm up my pocket....