According to a statistic, it is showing that 70% of undergraduate are female and 30 % are male only.This means more of female will have more opportunity to work in the small and medium enterprise and multinational companies who required at least undergraduate certificate. This will lead female' disposable income to become higher.This will lead the demand of cosmetic or beauty product increase, especially by the brand of eig having.Thats why i am accumulating eig start from year 2015 and will continue to do so.
I suprised that Mr Brian Chieng Ngee Wen bought 15000 shares at RM0.87 today. Mr Brian is the boss second son , who was working at high level management of Affin Hwang Investment Bank, he was redesignated as an Executive Director of EIG on 1 April 2016.He came back to help his dad and elder Roderick Chieng Ngee Kai
Mr Brian has the knowledge investment field and would not chase high to over expensive investments. He knows his family company is undervalue now and give confident to our minor shareholders to hold. I had accumulated enough the eig shares that i want.Eig is time to push back share price to RM1, even RM2..
Revenue drop this quarter because Eig is spending lot of money to give discount for brand branding and promotional activites to start their initial investment in Indonesia. Once Eig start to reap fruits from expanding to Indonesia who has 260m population, the performance of Eig will improve a lot.
Eig today closed 92sen after one years plus below 90 sen. Looking forward for Eig to go higher as i put my faith on women spending power is increasing yearly.
EIG..clinelle...msia should be big market also... buy loor..can bust n firm ! ...supply to outlet (watson)...others... stable marketing...need to put more new product to penetrate more market.
hahaha , where is those fellas talk good fundamental , got this got that tokok fellas comment on 2013-2014 on good future of the company ??? r u still holding the share ha?? wakakaka ... defending the stock / the company blindly doesn't make u rich ha ... wakakkakaka
No of Securities Held After Changes: Direct : 2,700,000 units (1.1400%) Indirect/Deemed Interest : 161,386,452 units (68.0400%) Total : 164,086,452 units
They invested heavily in human resources and headcount for various business channels in prior years and we should be seeing a turnaround soon. Looking at the diversity in terms of product selection it is unlikely that they'll find themselves in a Body Shop scenario which is diversification done right. Their products also are a lot more affordable I find with business channels that are waiting to be tapped. The relatively low number of shares issued would also mean greater upside and momentum moving forward with possibly some investments being diverted to promotion and advertising in order to create more noise in their newer brand partnerships. Looks poised for a good couple of years given the decent balance sheet and director confidence towards the company and brands they carry.
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ESTHETICS INTERNATIONAL GROUP BERHAD Renewal of Exclusive Distributorship Agreement with Dermalogica, Inc.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4804413