EONMETALL GROUP BHD

KLSE (MYR): EMETALL (7217)

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Last Price

0.39

Today's Change

+0.005 (1.30%)

Day's Change

0.38 - 0.395

Trading Volume

159,400


4 people like this.

1,178 comment(s). Last comment by lassy 2023-11-03 11:36

SKTRADER

565 posts

Posted by SKTRADER > 2017-09-18 11:25 | Report Abuse

that's y every day down ..ayoiiii

NoEmo

1,167 posts

Posted by NoEmo > 2017-09-18 12:34 | Report Abuse

the major shareholders need to entice potential subscribers for imminent pp to be announced soon. As such, they hv to make some sacrifice to secure the pp success this round without any further delay. Be patient.

windcloud

1,393 posts

Posted by windcloud > 2017-09-18 12:37 | Report Abuse

gem undervalued .............. when going to rebound ? Today or tomorrow ?

NoEmo

1,167 posts

Posted by NoEmo > 2017-09-18 12:44 | Report Abuse

to succeed in the equity investment, the prerequistes are good understanding n application of ta/fa n also micro/macro economies besides the companies background n most recent activities. Dun simply dive into a crocodile infested stream without fathoming its depth n hidden danger.

NoEmo

1,167 posts

Posted by NoEmo > 2017-09-18 12:45 | Report Abuse

WC, it depends. But definitely after the pp price is firmed up by mid-oct.

windcloud

1,393 posts

Posted by windcloud > 2017-09-18 12:47 | Report Abuse

noemo, noted thanks. Hope I still survive that time, haha.

NoEmo

1,167 posts

Posted by NoEmo > 2017-09-18 12:50 | Report Abuse

wc, aiyo sure can one. U r still young ma.

SKTRADER

565 posts

Posted by SKTRADER > 2017-09-18 16:58 | Report Abuse

every day drop 0.01s .. hope rebound asap

NoEmo

1,167 posts

Posted by NoEmo > 2017-09-18 17:04 | Report Abuse

if drop 1c per trading day on average, major shareholders' ultimate base is 67. If 0.5c on average, then support at 735 is strong enough to stop the bearish breakout.

SKTRADER

565 posts

Posted by SKTRADER > 2017-09-19 12:45 | Report Abuse

6 black cows .... aiyooooo

Vicchai

40 posts

Posted by Vicchai > 2017-09-19 17:11 | Report Abuse

Gg?

NoEmo

1,167 posts

Posted by NoEmo > 2017-09-19 17:19 | Report Abuse

if u r so lucky to get 6 black crows, major shareholders who r in control will make sure u get it double with consistent 1c down per day as what sktrader requested.

Bmw530

42 posts

Posted by Bmw530 > 2017-09-20 00:06 | Report Abuse

Tomorrow drop again...

SKTRADER

565 posts

Posted by SKTRADER > 2017-09-20 11:46 | Report Abuse

every day drop wat happen

carilembu

1,223 posts

Posted by carilembu > 2017-09-20 12:33 | Report Abuse

7 days continous dropping! Apa sudah jadi?

SKTRADER

565 posts

Posted by SKTRADER > 2017-09-20 16:58 | Report Abuse

last candlestick is hammer ... ,will tomorrow up??

Kvin74

24 posts

Posted by Kvin74 > 2017-09-20 20:41 | Report Abuse

Lets see 2molo candle. Hopefully high chance.

HuatIfa

13 posts

Posted by HuatIfa > 2017-09-20 22:38 | Report Abuse

tired of waiting for green candlestick lo.. pse wake up

Vicchai

40 posts

Posted by Vicchai > 2017-09-21 10:55 | Report Abuse

Every day drop drop drop!!!

windcloud

1,393 posts

Posted by windcloud > 2017-09-21 11:55 | Report Abuse

8 days black crows ..... alamat, directors can you stop selling ................ damn shit ....

Today must rebound ...... ok boh ........ give me 3 days white soldiers .............

carilembu

1,223 posts

Posted by carilembu > 2017-09-21 12:36 | Report Abuse

no hope of price rise as directors keep disposing ..

NoEmo

1,167 posts

Posted by NoEmo > 2017-09-21 12:52 | Report Abuse

He planned to sell around 4m shares but managed oni 2.7m till 18/09/17. If cant hit the targeted vol due to poor retailers' support, he will sell additional 2m to achieve his tp for pp. Expected reversal late next week for sure. Be patient.

Invest_168

549 posts

Posted by Invest_168 > 2017-09-21 23:02 | Report Abuse

PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN CSC BIO-COAL SDN. BHD. BY EONCHEM BIOMASS SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF EONMETALL GROUP BERHAD, FROM CHINA STEEL ASIA PACIFIC HOLDINGS PTE. LTD.

Invest_168

549 posts

Posted by Invest_168 > 2017-09-21 23:03 | Report Abuse

The Acquisition is expected to have positive impact on the net assets, gearing and EPS of the EGB for the FYE2017.

Invest_168

549 posts

Posted by Invest_168 > 2017-09-21 23:10 | Report Abuse

EPS (RM):
Audited as at 31 December 2016: 0.0739
After the Acquisition : 0.1066
The new company purchased will contribute EPS 3.27 sen.
Great deal!

windcloud

1,393 posts

Posted by windcloud > 2017-09-22 00:42 | Report Abuse

Thanks for invest168 info. EPS is not calculated like this way, that one EPS is the CSC one. Tomorrow will show correct one due to internet too slow cannot download the file.

But good new to Eonmetall, after including this CSC profit contribution, using PE 10, target price will be 1.80. (1.40 + 0.40 CSC).

Monday think will up 10% at least. Monday must buy some to push ..... haha ....

windcloud

1,393 posts

Posted by windcloud > 2017-09-22 01:01 | Report Abuse

CSC Bio-Coal Sdn Bhd

NPAT for 1/1/2017 to 20/9/2017 is 5,518,713.
Annualised NPAT is 5,518,713 / 8.75 x 12 = 7,568,520.
Number of shares in CSC book = 168,651,000
EPS for CSC book - 5,518,713 / 168,651,000 = 0.0327 (this is for CSC not to Eonmetall)

Eonmetall Group Bhd
Estimate annual profit is 6,000,000 x 4 = 24,000,000
Add: CSC profit contribution= 7,600,000
Total is 31.6 m
Number of shares = 171 m
So using PE ratio 10, target price is 31.6 /171 = 1.85

CSC portion is 7.6 m / 171m = 0.44 and the profit is about 24% of total profit. So if like this, shares must at least up 20-30% first for this annoucement, short term target is 1.05, before fly to 1.85.

coecoe

150 posts

Posted by coecoe > 2017-09-22 16:27 | Report Abuse

This is a KYY stockpick without KYY ;-) Lots of potential, shortterm because of the massive under-valuation (PE below 5) and long term because of real business growth potential.

Invest_168

549 posts

Posted by Invest_168 > 2017-09-23 13:59 | Report Abuse

Thanks windcloud good info. Yes, EPS of 3.27 sen is projected earning contribution from CSC Bio-COAL to Emetal which indicated in bursa announcement file EGB-A170912-AcqSubCo-FF.pdf @ page 4, item 6.2.
3.27 sen of EPS contribution from CSC Bio-Coal is almost one quarter earning of Emetal! Thus, we will see big jump of Emetal EPS once acquisition of CSC bio-Coal done & the Acquisition is expected to be completed within fourteen (14) days from the date of the Agreement.

Invest_168

549 posts

Posted by Invest_168 > 2017-09-23 14:01 | Report Abuse

windcloud, may know where you get the figure below:

"NPAT for 1/1/2017 to 20/9/2017 is 5,518,713.
Annualised NPAT is 5,518,713 / 8.75 x 12 = 7,568,520.
Number of shares in CSC book = 168,651,000
EPS for CSC book - 5,518,713 / 168,651,000 = 0.0327 (this is for CSC not to Eonmetall) "

coecoe

150 posts

Posted by coecoe > 2017-09-25 11:39 | Report Abuse

strange that there is no reaction at all on the positive news

windcloud

1,393 posts

Posted by windcloud > 2017-09-26 00:55 | Report Abuse

Invest_168 for NPAT you can use the closing reserves (revenue reserves) less opening reserves then you will get the NPAT for the current period up to acquisition date. Anyway just an estimation, i think last year profit is more than this year profit, if use last year, EPS even more.

carilembu

1,223 posts

Posted by carilembu > 2017-09-26 10:16 | Report Abuse

Wow! What a record! Ten straight days of continuous drop back to its level 3 months ago...and no sign of recovery..

carilembu

1,223 posts

Posted by carilembu > 2017-09-27 11:47 | Report Abuse

rebounding....

HuatIfa

13 posts

Posted by HuatIfa > 2017-09-28 00:39 | Report Abuse

Hoping for continuous ride 2molo oo

Maxxyap

17 posts

Posted by Maxxyap > 2017-09-28 15:46 | Report Abuse

correction again

carilembu

1,223 posts

Posted by carilembu > 2017-10-02 11:05 | Report Abuse

momentum sulah hilang...

Posted by Crazy crazy > 2017-10-03 20:34 | Report Abuse

NoEmo, mid-oct is coming. Any news recently?

NoEmo

1,167 posts

Posted by NoEmo > 2017-10-03 20:48 | Report Abuse

Stay patient. PP news will be announced by next Fri the latest. I started buying in today. May average down if necessary.

Posted by Crazy crazy > 2017-10-03 21:25 | Report Abuse

strong support at 0.745, will buy in a bit.

windcloud

1,393 posts

Posted by windcloud > 2017-10-04 10:41 | Report Abuse

good news are coming soon ...... think will have a big surge soon after this handle

Posted by Crazy crazy > 2017-10-06 17:33 | Report Abuse

News out already

windcloud

1,393 posts

Posted by windcloud > 2017-10-09 22:23 | Report Abuse

Lot of news not coming out including BOT projects with GLC companies, Indonesia project, etc .....

windcloud

1,393 posts

Posted by windcloud > 2017-10-11 11:38 | Report Abuse

think next uptrend time is coming soon ......

Posted by Crazy crazy > 2017-10-11 17:23 | Report Abuse

good closing today

carilembu

1,223 posts

Posted by carilembu > 2017-10-12 09:21 | Report Abuse

next wave started....can buy now

Posted by Crazy crazy > 2017-10-12 19:26 | Report Abuse

carilembu, "can buy now" , is a question or statement? haha

Maxxyap

17 posts

Posted by Maxxyap > 2017-10-13 14:56 | Report Abuse

bought 0.775 sold 0.79...maybe will in again lower...

Posted by Kelvin KY > 2017-10-18 00:26 | Report Abuse

Maxxyap, Yes, it gain lower. I bough 0.785 and sold at the same price. No balls to keep. Better sell it before it's late. Not moving lately.

Invest_168

549 posts

Posted by Invest_168 > 2017-10-21 22:57 | Report Abuse

why 0n 3 Nov17 will see a breakout??

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