Posted by TheContrarian > 2 months ago | Report Abuse

🤦

Posted by NgWS90 > 2 months ago | Report Abuse

Buy and TP at 81 cents like Kenanga

Posted by damansaraeagle > 2 months ago | Report Abuse

when Mr NgWS90 that we can go 81 cents ???? tommorrow or thrusday or friday ?

Posted by keng88 > 2 months ago | Report Abuse

At the last five minutes, the dealer came in to buy it. There should be a play tomorrow.

Posted by damansaraeagle > 2 months ago | Report Abuse

keng88, they call it a bluff. Nothing happen. Goes down bad 0.61

Posted by damansaraeagle > 2 months ago | Report Abuse

now buying at 0.615

Posted by keng88 > 2 months ago | Report Abuse

Damansaraeagle, Engtex still washing dishes. bought low and waited.

Posted by NgWS90 > 2 months ago | Report Abuse

How low is your low, keng88 ? 😁

Posted by keng88 > 2 months ago | Report Abuse

NgWS90 , Look at 0.60

Posted by NgWS90 > 2 months ago | Report Abuse

Thought your low price was 0.58 (52 week low), keng88 😬

Posted by ocbc > 2 months ago | Report Abuse

https://www.channelnewsasia.com/asia/malaysia-penang-water-consumption-shortage-dams-4558206

Posted by ocbc > 2 months ago | Report Abuse

https://www.straitstimes.com/multimedia/graphics/2024/06/malaysia-water-woes/index.html?shell

Posted by TheContrarian > 2 months ago | Report Abuse

Has Engtex hit 80 sen?

Posted by kenwilbur > 2 months ago | Report Abuse

Going lower better sell 1st

Posted by TheContrarian > 2 months ago | Report Abuse

Luckily I sold last month for almost 30% gain.

Posted by kenwilbur > 2 months ago | Report Abuse

Diving better run

Posted by kenwilbur > 2 months ago | Report Abuse

Goin downhill becareful

Posted by kenwilbur > 2 months ago | Report Abuse

Sell 1st buy later

Posted by NgWS90 > 2 months ago | Report Abuse

Reach 52 week low price. Time to go in ?

Posted by TheContrarian > 2 months ago | Report Abuse

When will Engtex hit 80 sen?

Posted by kenwilbur > 1 month ago | Report Abuse

No , goin down .

Posted by keng88 > 1 month ago | Report Abuse

Coming.

Posted by Dehcomic01 > 1 month ago | Report Abuse

Engtex – chasing dreams or using base rates?

Daniel Kahneman made famous the concept of the base rate fallacy. When presented with both historical or statistical information and those which is specific to an event, we tend to ignore the historical/statistical one.

I worry that we are going to see this play out for Engtex. This is a cyclical company whose performance is linked to steel prices. So in valuing Engtex we should be looking at its performance over the steel cycle. On such a basis its earnings value based on its historical performance is below its market price suggesting that it is overpriced

Of course, you would argue that this is backward looking and a more forward looking picture should consider the potential demand for water pipes. This in turn relates to the increase in water rates that would translate into better earnings for the water companies that in turn spur more water infra spending. On such a basis, you would consider Engtex as being underpriced.

In the short term the water infra story may play out. But if you are a long-term fundamental investor, shouldn’t you be looking at the water infra story in the context of the base rates?
https://www.youtube.com/watch?v=HRIYJUoQMj4

Posted by soonning65 > 1 month ago | Report Abuse

1-month high now. On the way to cross 70 cents

Posted by sailang_now > 1 month ago | Report Abuse

Downtrend has started? In the meantime, they continue to convert warrants to mother share at 40 sens each? After Bonus issue and continued dilution of shares, doesn't looks good?...lowest today 0.625 sens! More weakness to come! Hope minor support at 0.62 doesn't breaks?..tut tut

Posted by NgWS90 > 3 weeks ago | Report Abuse

Cup and handle pattern has appeared

Posted by TheContrarian > 3 weeks ago | Report Abuse

🤦

Posted by TheContrarian > 2 weeks ago | Report Abuse

Has Engtex crossed 70 sen?

Posted by NgWS90 > 1 week ago | Report Abuse

KLCI retreating, Engtex also retreating ...

Posted by NgWS90 > 1 week ago | Report Abuse

Poised for a rebound. ENGTEX is currently trading at a strong support level of RM0.60, with additional support at RM0.56 level. Coupled with improving indicators, ENGTEX may be set for a rebound toward RM0.66-0.69-0.73 region. Cut loss at RM0.52.

Collection range: RM0.56-0.60-0.62

Upside targets: RM0.66-0.69-0.73

Cut loss: RM0.52

From HLIB

Posted by keng88 > 1 day ago | Report Abuse

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