Posted by tan9090 > 2020-06-10 11:37 | Report Abuse

high possibility , possible hit 60 cents un the near future

Posted by n00b123 > 2020-06-11 09:23 | Report Abuse

Wave is coming

Posted by tan9090 > 2020-06-19 08:53 | Report Abuse

Today might hit 0.45

Posted by n00b123 > 2020-06-30 09:28 | Report Abuse

Slowly it went back to 0.35 instead

Posted by BullWC16 > 2020-06-30 10:03 | Report Abuse

What happened to this counter?

Posted by n00b123 > 2020-07-24 10:01 | Report Abuse

Dead counter

Posted by BullWC16 > 2020-07-24 11:50 | Report Abuse

cut loss edi n00b123?

Posted by n00b123 > 2020-07-24 16:39 | Report Abuse

Not yet.. Still holding

Posted by BullWC16 > 2020-07-27 11:10 | Report Abuse

keep dropping man. really dont know what happen

Posted by n00b123 > 2020-07-29 09:33 | Report Abuse

No investors trading for this counter

Posted by BullWC16 > 2020-07-30 23:44 | Report Abuse

do u think still got hope? lets wait for next QR.

Posted by n00b123 > 2020-08-04 15:36 | Report Abuse

When is the next QR will be released?

Posted by BullWC16 > 2020-08-05 16:49 | Report Abuse

not sure bro

Posted by Gn021 > 2020-08-09 00:15 | Report Abuse

GG

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

Time to accumulate!

Posted by n00b123 > 2020-08-11 15:01 | Report Abuse

Free ride because oil n gas counter rally

Posted by n00b123 > 2020-08-26 09:06 | Report Abuse

Low volume rally

Posted by Davidl > 2020-08-26 14:25 | Report Abuse

Better than expected QR to b released soon?

Posted by n00b123 > 2020-08-27 09:08 | Report Abuse

Never saw any publications

Posted by BullWC16 > 2020-08-27 11:14 | Report Abuse

Expects revenue from oil tanker boom

Posted by Narialse > 2020-08-28 17:41 | Report Abuse

Quarter results just released, looks ok, not great. Giving out free warrants which investors always love. No entitlement date yet, though.

Posted by n00b123 > 2020-08-29 10:26 | Report Abuse

QR shows it is doing better than last year. But the current price is lower than last year. Means undervalued?

Posted by DreamGladiator > 2020-08-29 10:35 | Report Abuse

waah

Posted by DreamGladiator > 2020-08-29 10:36 | Report Abuse

down 3.95%!

Posted by DreamGladiator > 2020-08-29 10:36 | Report Abuse

apa sudah jadi ni

Posted by DreamGladiator > 2020-08-29 10:36 | Report Abuse

susah sikit la ini macam

Posted by DreamGladiator > 2020-08-29 10:37 | Report Abuse

boleh bikin itu investor lari oh

Posted by DreamGladiator > 2020-08-29 10:37 | Report Abuse

misti mau kasi improve sikit la

Posted by n00b123 > 2020-09-01 11:23 | Report Abuse

No investors interested with this counter

Posted by cendolpulut > 2020-10-18 11:45 | Report Abuse

when the company want to give free warrant..?? take so.long time

Posted by Davidl > 2020-10-26 10:46 | Report Abuse

Time to accumulate!

Posted by kong73 > 2020-11-11 13:09 | Report Abuse

Q 20000units@0.31 today

Posted by kong73 > 2020-11-11 17:25 | Report Abuse

secured 20000 units @0.31..check out my portfolio

Posted by kong73 > 2020-11-12 17:39 | Report Abuse

E.A. Technique’s (EAT) 2QFY20 top line grew by 41.4% YoY, mainly attributed to higher recognition from the Group’s Temporary Storage Tanker (TST) contract which commenced operation in February this year. Nonetheless, core net profit slipped 16.1% YoY to RM8.8m due to enforcement of Movement Control Order (MCO), resulting in a significant disruption to its operations. For 1HFY20, the Group reported core net profit of RM22.7m ( 34.6% YTD), in tandem with higher revenue of RM181.5m ( 36.7% YTD) on the back of stronger 1QFY20 numbers. While core earnings were at 66.8% of our full year projections, we deem the numbers as in line however. We err on the side of caution over its earnings in the remaining quarters, considering the operating environment after the Covid-19 and the level of oil prices currently with earnings likely be affected as a result of fewer spot charters and adjustment on charter prices. We maintain our Outperform call on EAT nonetheless in view of its stable earnings outlook despite recent hiccups. Our TP of RM0.47 based on 8x FY21 EPS.

Lower QoQ earnings due to MCO. EAT reported lower core net profit of RM8.8m (-37.1% QoQ) in 2QFY20 despite of higher revenue by 7% QoQ to RM93.8m. This was mainly due to enforcement of the MCO starting mid March, resulting in a significant disruption to its operations particularly on the movement of crew as well as additional costs incurred due to Covid-19. With that, the Group’s profit margins compressed by 11ppt and 6.6ppt at gross and net profit levels respectively. Higher top line in the quarter was not a surprise given the first full contribution from the Group’s TST contract.
Earnings forecast unchanged. Despite the commendable 1HFY20 performance, we err on the side of caution on EAT’s 2HFY20 earnings given the impact of low crude oil prices due to the Covid-19 pandemic. The Group’s earnings are likely to be affected as a result of fewer spot charters, lower charter rates and possible termination of contracts. Recall, global oil majors including Petronas have announced capex cuts ranging from 20% - 30% this year. As such, we foresee there are charter rate adjustment risks on EAT’s FSO Muar and Tembikai. We also foresee there is risk for TST contract to be ended earlier than the original due date (January 2021) given the role of the TST itself as a temporary storage for Early Well Test (EWT) for the Sepat C exploration field.

Having said that, EAT’s earnings outlook is expected to remain stable with growth seen in FY21 onwards after commencement of the three new tanker contracts. Outstanding orderbook remains healthy at RM910.9m, translating to 3.3x FY19 revenue.
Source: PublicInvest Research - 1 Sept 2020

Posted by kong73 > 2020-11-12 17:40 | Report Abuse

Oil price is creeping up slowly but surely

Posted by kong73 > 2020-11-12 17:41 | Report Abuse

No chance for TST contract to be terminated

Posted by cutie > 2020-11-13 01:11 | Report Abuse

An arbitral tribune has ordered EA Technique (M) Bhd (EATech) to pay Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) a sum of US$29.52 million (RM121.93 million), after hearing a dispute between the two companies over a contract.

Posted by flyingtomoon2020 > 2020-11-13 03:12 | Report Abuse

Eatech gogogo

Posted by flyingtomoon2020 > 2020-11-13 03:12 |

Post removed.Why?

Posted by n00b123 > 2020-11-13 09:22 | Report Abuse

Koyak

Posted by HowAh > 2020-11-13 10:32 | Report Abuse

Wow... totally got cheated

Posted by vcinvestor > 2020-11-13 10:59 | Report Abuse

public bank is not fully taking into account the impact of the arbitration award so their RM0.41 price target is laughable.

the only way EA can meet the claim sum is via issuance of new shares which will dilute the existing shareholders like hell.

Posted by DODO > 2020-11-13 16:41 | Report Abuse

Wow TP by PB is so high...

Posted by kong73 > 2020-11-13 16:59 | Report Abuse

blardy eell

Posted by HowAh > 2020-11-30 18:44 | Report Abuse

Wtf?

Posted by kong73 > 2020-11-30 19:05 | Report Abuse

Bad Q3 result shocking

Posted by cendolpulut > 2020-12-01 08:31 | Report Abuse

aiyooo.. mcm mana boleh rugi

Posted by kong73 > 2020-12-01 09:59 | Report Abuse

kalah kena bayar gantirugi kepada mmhe...Q3 dia orang dah impair..but cash flow dia orang from current operation nampak ok

Posted by n00b123 > 2020-12-03 09:09 | Report Abuse

Q3 huge loss and yet lost the court case with mmhe.. Gone case for this company

Posted by TokioDeals > 2020-12-04 14:52 | Report Abuse

Q3 huge losses because of provision to pay mmhe. Q4 will be back in black, just look at segmental performance. Will hit 60 soon.