Morning Friends & Gentlemen! I rest my case for Engtex! Have been busy counting profit so didn't post much lately. For those who benefited from my recommendation. Please have a look at my other recommendations like Kobay, Muhibah & even CTOS now selling at a discount!
Contrarian Must thank laulau for continuously promoting Engtex.
5056 ENGTEX, ENGTEX GROUP BHD - + Additional Listing Announcement /Subdivision of Shares 6 Aug 2024, 11:43 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Conversion of warrants to ordinary shares No. of shares issued under this corporate proposal : 1,000,000 Issue price per share ($$) : 0.7000 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 445,089,301 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 303,098,787.830 Listing Date : 07/08/2024 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Engtex Group Berhad's shares have experienced a significant drop recently. As of today, the share price has fallen by 38% over the past month, which has raised concerns among investors. The drop in share price is largely attributed to a decline in the company’s earnings, which have been underperforming compared to the broader market. Despite this, some investors remain optimistic due to the company's forecasted growth over the next few years, which is expected to be higher than the market average. However, the company's current price-to-earnings (P/E) ratio remains high, which suggests that the market has high expectations for its future performance
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....
jaynetan
1,496 posts
Posted by jaynetan > 2024-07-31 15:32 | Report Abuse
老外一定行?