EG INDUSTRIES BHD

KLSE (MYR): EG (8907)

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Last Price

1.99

Today's Change

+0.03 (1.53%)

Day's Change

1.92 - 1.99

Trading Volume

285,300


22 people like this.

13,921 comment(s). Last comment by mf 1 month ago

Posted by abc123_2020 > 2020-08-06 11:07 | Report Abuse

EG start engine after flush weak holder..will fly to the moon now

Posted by Wawai Samah > 2020-08-06 11:07 | Report Abuse

up up up...no limit up no problem...as long as up consistently

asiv92

84 posts

Posted by asiv92 > 2020-08-06 11:10 | Report Abuse

EG also approved by Nelson Lab from US, also got ISA approval already. http://esmtt.com/egcare.html

Posted by Investing_Bursa > 2020-08-06 11:12 | Report Abuse

Momentum building.....

Posted by confidential > 2020-08-06 11:17 | Report Abuse

nowadays need FDA wording lol...

Posted by Investing_Bursa > 2020-08-06 11:21 | Report Abuse

Engine warming up

Posted by golden_horse > 2020-08-06 11:25 | Report Abuse

collect more !!! Ocncash and notion up,confident EG will back

Takers

140 posts

Posted by Takers > 2020-08-06 11:26 | Report Abuse

Volume building.

asiv92

84 posts

Posted by asiv92 > 2020-08-06 11:27 | Report Abuse

Confidential: its already in compliance with FDA, by right should be okay la based on the certs they have already. Somemore testing was just done in May 2020. See their product technical sheet

What is EGcare Surgical Face Mask ?
EGcare Surgical Face Mask is a branded type of 3-Ply Ear-loop, single use disposable mask, which has been tested and certified by Nelson Laboratories, LLC in Salt Lake City, UT 84123 U.S.A. Testing was performed in compliance with US FDA good manufacturing practice (GMP) regulations 21 CFR Parts 210, 211 and 820. The Flammability of Clothing Textiles met the criteria for 16 CFR Part 1610.7 Class 1 as there are no burn times. Standard Test Protocol achieved High Filtration with PFE > 99%, and BFE efficiency test shown > 99%. EGcare Surgical Face Mask also has been tested with the listed standards EN14683:2019 and found in compliance with the Medical Device Directive 93/42/EEC, and carries the CE marking

Posted by Wawai Samah > 2020-08-06 11:29 | Report Abuse

tru..as long as don't have sell signal..just hold..

Posted by Shah Anwar Shafie > 2020-08-06 11:31 | Report Abuse

EG cannot go up because that Terence not working today and in front of his llaptop and selling down his shares...sabotaging his own company

Posted by Investing_Bursa > 2020-08-06 11:37 | Report Abuse

EG-WC green already

Posted by Iamnotasifu > 2020-08-06 11:39 | Report Abuse

this afternoon will have some show for this counter

samiar

139 posts

Posted by samiar > 2020-08-06 11:39 | Report Abuse

slow and steady. capable of booming. only 276 million shares....you must be a fool to take this counter lightly

lamy92

745 posts

Posted by lamy92 > 2020-08-06 11:42 | Report Abuse

Eg fly afternoon limit up

noobbie

1,122 posts

Posted by noobbie > 2020-08-06 11:43 | Report Abuse

This company have the face mask production facilities.they got huge advantage there...lower cost for sureee...this is the real gem compare to others who just lining up to produce the mask

samiar

139 posts

Posted by samiar > 2020-08-06 11:46 | Report Abuse

Low number of outstanding shares - 276 million...easy to fry just like Esceram. But this fella makes masks...more practical than gloves.

Posted by golden_horse > 2020-08-06 11:47 | Report Abuse

prlexus also up now, EG sure up today

vespa

891 posts

Posted by vespa > 2020-08-06 12:15 | Report Abuse

seems to be amongst the weakest amonsgt the face mask stocks

vespa

891 posts

Posted by vespa > 2020-08-06 12:16 | Report Abuse

such a comparatively small paid up adn a pretty low market cap

unomi12

342 posts

Posted by unomi12 > 2020-08-06 12:16 | Report Abuse

Time to collect guys. It will limit up later !

unomi12

342 posts

Posted by unomi12 > 2020-08-06 12:21 | Report Abuse

Yes , but also it was the earliest to venture in the face mask production since April this year

greencode

1,692 posts

Posted by greencode > 2020-08-06 12:28 | Report Abuse

is not only face mask but 5G electronic product, buy before u cry, now at parliment also discus about 5G. just waiting for real explosion like in lubnan.

Posted by golden_horse > 2020-08-06 13:13 | Report Abuse

good timing to enter and buy more bfore it fly up

Mikewg

29 posts

Posted by Mikewg > 2020-08-06 13:34 | Report Abuse

Today UPA also limit up because got license to produce mask... but why EG no moving ar ??? Any sifu can explain ???

vespa

891 posts

Posted by vespa > 2020-08-06 14:07 | Report Abuse

I cannot figure this out either

Tripaka

2,960 posts

Posted by Tripaka > 2020-08-06 14:11 | Report Abuse

Not free. Director busy...... disposing shares

vespa

891 posts

Posted by vespa > 2020-08-06 14:13 | Report Abuse

wonder how big its mask production is ..mgmt should come out and say it is going to ramp up on mask

unomi12

342 posts

Posted by unomi12 > 2020-08-06 14:48 | Report Abuse

not too sure about the production, but they are capable to do make the mask machine, as well as the end product which is the 3ply mask.

actually the last quarter result, it was due to forex exchange losses.

But in terms of entering to the medical market, EG has done quicker can other company such as notion.

If you scroll to their webpage or facebook, they actually donated a lot of their mask during end of March which mean they have enter in this medical line earlier this year.

jjcho19

1 posts

Posted by jjcho19 > 2020-08-06 14:50 | Report Abuse

Wondering why EG going weak these 2 days while others mask counter up

unomi12

342 posts

Posted by unomi12 > 2020-08-06 14:59 | Report Abuse

take turn to limit up? Looking at the market moving , EG may limit up anytime.

Other face mask counter is taking turn to limit up as well. So just stay tune :)
It may limit up later at 3.30 to 4pm.

unomi12

342 posts

Posted by unomi12 > 2020-08-06 15:00 | Report Abuse

just dont panic sell, be confident in the share. :)

Posted by Investing_Bursa > 2020-08-06 15:03 | Report Abuse

EG is digesting recent huge volume....once that is over, new uptrend....

Posted by Shah Anwar Shafie > 2020-08-06 15:19 | Report Abuse

EG has very low number of shares and controlled by Terence..This guy is now buy and sell to avoid limit up..I really dont know why he is so idiot to enrage the investors!

Posted by ~Patient Investor~ > 2020-08-06 15:19 | Report Abuse

No more show to day.

Hi All, now aim another hot glove stock, KOMARK, jom, we give it Limit up

Posted by Investing_Bursa > 2020-08-06 15:23 | Report Abuse

Be patient la......

Posted by Investing_Bursa > 2020-08-06 15:27 | Report Abuse

coming coming

Posted by golden_horse > 2020-08-06 15:28 | Report Abuse

yes power suadah mari liao

Posted by golden_horse > 2020-08-06 15:29 | Report Abuse

must have faith and confident

s1lent92

13 posts

Posted by s1lent92 > 2020-08-06 15:29 | Report Abuse

Yes, sudah mari

Posted by ~Patient Investor~ > 2020-08-06 15:29 | Report Abuse

since sudah lari, i think we can go KOMARK.......

Posted by confidential > 2020-08-06 15:29 | Report Abuse

T2 T3 finished...let see if really can limit up lol...

Posted by Iamnotasifu > 2020-08-06 15:30 | Report Abuse

up up up woohoo

unomi12

342 posts

Posted by unomi12 > 2020-08-06 15:30 | Report Abuse

coming guys. get ready :)

Posted by confidential > 2020-08-06 15:37 | Report Abuse

prlexus run faster hahaha....new recent high already...

vespa

891 posts

Posted by vespa > 2020-08-06 15:39 | Report Abuse

sellers keep piling between 68 and 69

vespa

891 posts

Posted by vespa > 2020-08-06 15:40 | Report Abuse

could be Terence

Posted by ~Patient Investor~ > 2020-08-06 15:41 | Report Abuse

KUALA LUMPUR (June 16): Komarkcorp Bhd, a packaging machinery and self -adhesive label maker, is investing up to RM20 million to venture into the manufacturing of face masks.

In a statement today, the group said the money will be raised via a private placement of up to 30% of its issued shares, as well as internally-generated funds and bank borrowings.

The funds, it said, will be used on 30 production lines for the manufacturing of face masks, particularly KN95 and three-ply, with annual production capacity of up 120 million and 522 million pieces respectively within 24 months.

“In conjunction with this, the group had on June 15 incorporated a wholly-owned subsidiary, namely Komark Mask (M) Sdn Bhd, to undertake this new business,” it said in the statement filed with Bursa Malaysia.

Komarkcorp said there has been a prevalent shortage of disposable face masks since the global outbreak of the Covid-19 pandemic in January, which saw global stockpiles and supply chains of the items being outstripped by the overwhelming demand.

“The group is looking to leverage on its existing expertise in the manufacturing sector of close to 40 years and embark on the manufacturing of face masks, after identifying an attractive business opportunity in exporting face masks to countries with high Covid-19 infection rates.

“Based on the group’s initial estimates, the new venture is expected to enjoy attractive profitability margins with a relatively short payback period from commencement of full operations,” it added.

As a start, Komarkcorp said it intends to set up six production lines within four months to produce some 104.4 million three-ply surgical masks and 24 million KN95 face masks in a year. The remaining 24 production lines will be set up gradually over the course of 24 months.

“This new production centre will be constructed to be a cleanroom with anti-static floor, as well as controls for temperature and humidity. The cleanroom will also be subject to audit by and registration with the Ministry of Health and the relevant certifications will be obtained from the Medical Device Authority Malaysia and Good Manufacturing Practice,” it said.

Going forward, Komarkcorp said it expects the global demand for face masks to sustain based on a few factors including the fact that the wearing of face masks in public places has been made mandatory in over 50 countries.

Posted by Combilia Hubella > 2020-08-06 15:41 | Report Abuse

Counters related to anything about Mask and glove has all limit up or rose multiply, including today Mtag shares also limited up... Sadly to say EG is disabled by its Executive Chairman selling to discourage the prices uptrending....

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