Posted by Triple Ace > 2011-08-27 00:37 | Report Abuse

Will EPMB always decrease recently,even unaffected by weak car sales

Posted by chong > 2012-03-02 09:39 | Report Abuse

Buy this undervalue EPMB...NTA $1.73, EPS 24 cents, RER 3.2..wow, wow....TP $1.30

Posted by chong > 2012-03-02 09:42 | Report Abuse

Financial year end net profit 38.077 million (increased 48.24%)

Posted by chong > 2012-03-02 09:48 | Report Abuse

Something good about this EPMB is strong company buy back almost everydya...so go for it my friends.

Posted by chong > 2012-03-02 10:35 | Report Abuse

Ha, ha, ha, seems no one is interested...lol

Posted by chong > 2012-03-02 10:59 | Report Abuse

88 cent & 88.5 cents, you all don't buy or not interested...later you regret...hee, hee, hee

Posted by aunloke > 2012-03-02 11:04 | Report Abuse

lol? oh not on me, i have been holding this share since its 60 cts days i hope it will move up to its fair value soon,
i wander why there is no indication of final div. in the 4Q report.

Posted by chong > 2012-03-02 11:11 | Report Abuse

They had already given out dividend in November 2011.....but as long as ECMB makes money, it's NTA will increase & so is it's value.

Posted by aunloke > 2012-03-02 11:12 | Report Abuse

yes chong i almost forget, let's col for it [c stand for cheer]

Posted by chong > 2012-03-02 17:44 | Report Abuse

Buy & hold this counter as TP is $1.30+......now read this please..

EPMB's 4Q numbers were hit by higher raw material prices
andinterest expenses although these were offset by a tax deferred credit. The higher costs led to a sharp drop in margins, which shrank 3ppts to 3.34%. We remain positiveon EPMB as we expect the company's earnings to be propelled by higher revenue from Proton and Perodua. Assuch, we maintain our earnings projections, with our BUY call retained. Our FVof RM1.38 is premised on a cheap 5x FY12 PE.

Hit by higherfinancing costs. EPMB recorded a poor set of results operationally in 4Q asits financing costs soared 42% q-o-q and 107% y-o-y amid higher raw materialprices, despite chalking up stronger sales during the quarter. Nonetheless, its weaker bottomline was offset by a substantialdeferred tax credit, which cushioned the overall impact. Stripping off unrealized forex losses whichwe consider as exceptional items, EPMB reported a FY11 core net profit ofRM39.4m (y-o-y: +53%, 4Q: q-o-q: -4%) on the back of RM577m revenue (y-o-y:-2%, q-o-q: +19%), which was in line with our estimate but slightly aboveconsensus.

4Q margins pinched.4Q margins shrank as raw materialprices shot up, causing the company'sEBIT margins to halve to 3.34% from 7.3% in the previous quarter. We also suspectthat this could also be due to higher depreciation costs.

Prospects remainbright on more contracts. We remainpositive on EPMB as the company's earnings are to be boosted by higher revenue,spurred by the upcoming launch ofProton's new Persona replacement sometime in the next 2 months. We understand that EPMB is supplying the auto components for this model. Meanwhile, Perodua is also expandingaggressively into the export market, which bodes well for EPMB. The carmaker isalso said to be looking to expand to the Middle East market.

Maintain BUY. Wemaintain our earnings projection, with our BUY call retained. Our FV of RM1.38is premised on a cheap 5x FY12 PE.

Posted by chong > 2012-03-02 17:45 | Report Abuse

Really undervalue & a good solid counter...

EPMB...NTA $1.73, EPS 24 cents, PER 3.2

Posted by ezuwan79 > 2012-03-02 19:54 | Report Abuse

Bro chong.try to catch it around. 875,but not too lucky.

Posted by chong > 2012-03-03 00:58 | Report Abuse

Brother ezuwan79, if you cannot catch it at your fancy low price, then even 0.005 cents higher is a ok too...just buy & hold & see it grows.

Posted by yewkhian > 2012-03-03 09:56 | Report Abuse

Agree with you Chong :) thanks for the sharing

Posted by chong > 2012-03-03 17:01 | Report Abuse

So let us hold until it goes high....think of the good company profits which runs up to 24 cents per share. People may not notice it now but once notice, it will shoot.

Posted by Adam Ryan > 2012-03-03 17:09 | Report Abuse

upcoming week can get 1-2sen much cheaper if market still bearish....hehe

Posted by Adam Ryan > 2012-03-03 17:09 | Report Abuse

Good stock to go

Posted by chong > 2012-03-04 01:52 | Report Abuse

Yes, brother Adam Ryan, this is a solid good counter to buy for further upswing.

Posted by aunloke > 2012-03-04 11:01 | Report Abuse

i watched the share moved above rm1.00 three times yet i did not sell a single lot

Posted by chong > 2012-03-04 18:36 | Report Abuse

Yes, brother aunloke, there's more to come.Perhaps this time it will move up to $1.40++?

Posted by Mickey > 2012-03-05 00:32 | Report Abuse

Master chong, monday i will some for invest, hope TP $1.40++

Posted by chong > 2012-03-05 01:55 | Report Abuse

Yes, brother Mickey, hopefully to it reach it's TP of $1.40++

..btw, always remember this....

EPMB...NTA $1.73, EPS 24 cents, PER 3.2

Posted by chong > 2012-03-05 10:21 | Report Abuse

Now EPMB go do your job..gooooooooooooooo

Posted by mamafarah > 2012-03-05 11:17 | Report Abuse

Mr chong: u happy I happyyyyyyy

Posted by chong > 2012-03-05 11:23 | Report Abuse

Yes, sister mamafarah, we all happy & I am confident there's more to come.

Posted by chong > 2012-03-05 16:12 | Report Abuse

Good day for EPMB, more to come?

Posted by chong > 2012-03-05 17:15 | Report Abuse

Good buying support at 54%...quite confident there's more to come. Today up by 4 cents, tomorrow?

Posted by kidman > 2012-03-05 17:17 | Report Abuse

haha good one chong. still got any good cheap stock to come?

Posted by chong > 2012-03-05 17:27 | Report Abuse

So, brother kidman, you silently bought some too....good for you as now you are seeing profits.

Posted by tand3 > 2012-03-05 22:42 | Report Abuse

Bro Chong, I have realised one thing.....you add excitement into investors life with your super-analyst / identifying value stocks in our investment. Cheers....

Posted by chong > 2012-03-06 01:42 | Report Abuse

So, brother tand3, you follow my cue to buy when it was 88 cents? Good for you as you will be one of the few laughing the way to the bank, hee, hee, hee. So stay with it & we shall see more to come....btw, please don't go for chicken feed, ha, ha, ha.

Next stop for ECMB is $1.++ ??

Posted by tand3 > 2012-03-10 17:37 | Report Abuse

bro Chong, EPMB still going strong. But I will like to intro you to look at SUPERMAX. Anything lower than 1.90 can buy.
I bought the last round at 1.89.....sold at 2.03.
If it drop.....can consider.....

Posted by chong > 2012-03-10 17:51 | Report Abuse

Brother tand3, I already bought Supermax at around $1.94 & sold already at $2.06. Price war among latex gloves manufacturers & I expect it to go further down. Price war as because of over supply.....you must have read it in the papers.

Posted by mrkas > 2012-03-10 18:41 | Report Abuse

top glove recently announced that it will take over another glove company by end 2012, any idea which company will it buy?

Posted by James Woon > 2012-03-13 12:16 | Report Abuse

wow...epmb is hot today!

Posted by tand3 > 2012-03-13 23:52 | Report Abuse

Moving..and Moving....

Posted by chong > 2012-03-14 00:46 | Report Abuse

Now you see magic, hee, hee, hee

Posted by James Woon > 2012-03-14 09:41 | Report Abuse

bro chong, what is ur TP for epmb?

Posted by chong > 2012-03-14 10:21 | Report Abuse

Sell at TP $1.10..if you make good profit now, you too can sell cause when I ask you to buy it was about 85+ cents.

Posted by chong > 2012-03-14 15:18 | Report Abuse

Sold all my EPMB & make some good profit, the rest if up to you all whether to hold or sell now.

Posted by quyen850906 > 2012-03-14 16:54 | Report Abuse

chong , it up to 1.12...sold it tomorrow early morning

Posted by chong > 2012-03-14 17:07 | Report Abuse

You are more lucky than me brother quyen850906 ...congrats .

Posted by jacklew > 2012-03-14 17:34 | Report Abuse

should have listen to bro chong to enter when the price was 80++. Well, there would be other opportunities. :-)

Posted by kidman > 2012-03-14 17:36 | Report Abuse

brother chong! good call for us! make some good profit. any other counter?

Posted by tasoke > 2012-03-14 19:05 | Report Abuse

this counter master cool eye comment, now up & up alry

Posted by simonfish > 2012-03-14 19:20 | Report Abuse

bro chong, any other counter can go in???

Posted by ong melissa > 2012-03-14 20:05 | Report Abuse

Thank you chong
Bought 10 lots @92 cents and sold today @1.12.

Posted by quyen850906 > 2012-03-14 20:27 | Report Abuse

chong, thks for your tips

Posted by aunloke > 2012-03-14 21:50 | Report Abuse

I also want to thank you Chong, you made it active, you made hot, this is the fourth time above rm 1.00. I couldn't help but sold some. But i still think there's something good to be announced for the share holders later. Agree ?

Posted by tand3 > 2012-03-15 00:10 | Report Abuse

Everyone.....this stock is suspended tomorrow at its own request. So no need to sell tomorrow liao. hehehehehehe. Me included.