ENGTEX GROUP BHD
KLSE (MYR): ENGTEX (5056)
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Last Price
0.625
Today's Change
-0.005 (0.79%)
Day's Change
0.625 - 0.63
Trading Volume
427,900
IPO Info
Offer Period
Opening
Closing
Time Table
Allotment Date
Listing Date
Price
Issue Price
-
Units
-
Share Capital
0.000
No of Shares
Public Issue
-
Offer for Sale
-
Private Placement
-
Issuing House
-
ISIN Code
-
Prospectus:
RENOUNCEABLE RIGHTS ISSUE OF UP TO 110,829,825 NEW WARRANTS ("WARRANT(S)") IN ENGTEX GROUP BERHAD ("ENGTEX") ON THE BASIS OF 1 WARRANT FOR EVERY 4 EXISTING ORDINARY SHARES IN ENGTEX HELD AS AT 5.00 P.M. ON THURSDAY, 12 AUGUST 2021 AT AN ISSUE PRICE OF RM0.03 PER WARRANT ("RIGHTS ISSUE OF WARRANTS")
Engtex-Definitions-Contents-Summary (770KB).pdf
Engtex-InfoOnEngtexGrp I (1.1MB).pdf
Engtex-InfoOnEngtexGrp II (1MB).pdf
Engtex-Directors-Mgmt-Financial Info (900KB).pdf
Engtex-Directors'Report - ValuationCert - Accountants'Report I (1.1MB).pdf
Engtex-Accountants'Report II (1MB).pdf
Engtex-General Info (585KB).pdf
Engtex-ApplicationProcedure (920KB).pdf
Engtex-IPO'sDetails-Risk (1.2MB).pdf
Engtex-InfoOnEngtexGrp III (995KB).pdf
Engtex-Definitions-Contents-Summary (770KB).pdf
Engtex-InfoOnEngtexGrp I (1.1MB).pdf
Engtex-InfoOnEngtexGrp II (1MB).pdf
Engtex-Directors-Mgmt-Financial Info (900KB).pdf
Engtex-Directors'Report - ValuationCert - Accountants'Report I (1.1MB).pdf
Engtex-Accountants'Report II (1MB).pdf
Engtex-General Info (585KB).pdf
Engtex-ApplicationProcedure (920KB).pdf
Engtex-IPO'sDetails-Risk (1.2MB).pdf
Engtex-InfoOnEngtexGrp III (995KB).pdf
Discussions
10 people like this. Showing 50 of 2,774 comments
Engtex Group Berhad's shares have experienced a significant drop recently. As of today, the share price has fallen by 38% over the past month, which has raised concerns among investors. The drop in share price is largely attributed to a decline in the company’s earnings, which have been underperforming compared to the broader market. Despite this, some investors remain optimistic due to the company's forecasted growth over the next few years, which is expected to be higher than the market average. However, the company's current price-to-earnings (P/E) ratio remains high, which suggests that the market has high expectations for its future performance
1 month ago
The earlier rise in price was mainly due to bonus issues, the counter might need to rest or consolidate before going up again !
1 month ago
The 0.615 support is now waiting for the dealer to eat enough and then push it back up.
1 month ago
Undated Analysis On Engtex.
Good Afternoon Friends & Gentlemen!
We are Back! Did you managed to Grab cheap stocks during yesterday's panic selldown? The fundamentals on Engtex remains intact even after Bonus issue! Price remains cheap at 0.625 when the adjusted price should be 0.81 after Bonus Issue!
Recommendation: Accumulate on any weakness!
Who is Engtex?
https://www.engtex.com.my/
The Case For Engtex! Bursa is still strong at 1642 points with more upside!
Engtex Group Proposed 3-for-4 Bonus Issue
OUTPERFORM ↔Price: RM1.19
By Nigel Ng nigel@kenanga.com.my
Target Price: RM1.41
ENGTEX has proposed a 3-for-4 bonus share issue. We are neutral with backlogs and a strong pipeline of new projects.
Maintain OUTPERFORM. Expected Capital Gain: +RM0.27/+23.7% on the exercise. It is poised to benefit from the revival of water projects and improved steel product prices. We maintain our Expected Total Gain: +RM0.278/+24.4% forecasts and TP of RM1.41 with OUTPERFORM call.
Our TP will be KLCI Index 1,617.86 adjusted to RM0.81 post the exercise.
Stock Information
ENGTEX has proposed a 3-for-4 bonus share of up to 414.3m new ENGT MK Equity shares, of which we are neutral.
Nonetheless, its near-term prospects are strong, underpinned by outstanding order book of RM166m (MS pipes: RM120m, DI pipes: RM46m). Meanwhile, its tender book stands at RM403m (MS pipes: RM328m, DI pipes: RM75m). These numbers are likely to rise over the immediate term as water 52-week range (H) 1.23 52-week range (L) 0.58 operators kick start their long overdue water projects on the revival of water projects on stronger finances of water operators following the recent water tariff hikes. These include:
(i) non-revenue water (NRW) reduction initiatives or pipe replacement, and
(ii) construction or upgrading of water treatment plants (including the consolidation of old and small plants to optimize cost). We understand that water operators are currently identifying old pipes to be replaced and working out the cost to be submitted to the Ministry of Finance (MOF) for approval. According to Malaysian Water Association, water operators have thus far submitted proposals to the MOF for water projects worth ~ RM4b.
4 weeks ago
Morning Friends & Gentlemen! Price remains cheap at 0.63 when the adjusted price should be 0.81 after Bonus Issue!
Since fundamentals remains intact Rebound is coming soon! Once reached 0.81, Engtek should break Penny Stock status to resume soft target 1.23 followed by TP1.38~1.41 with so many Water & DC infrastructure projects in the pipeline before next Budget Announcement?
Recommendation:
Accumulate on current weakness before Institutional & Foreign Funds comes in, while we wait for the next Breakout!
4 weeks ago
Malaysia shines as foreign investors return, peers stumble
By Reuters
August 22, 2024
The stock benchmark KLCI has risen more than 12 per cent this year on the back of an AI-driven data center boom, outperforming the 6.0 per cent rise in the MSCI Southeast Asia index .
The stand-out sectors of construction, power, and infrastructure offer "investors a chance to move beyond the tech and consumer names that dominate in other regions", Vikas Pershad, portfolio manager for Asian equities at M&G Investments, said.
https://www.nst.com.my/business/corporate/2024/08/1095171/malaysia-shines-foreign-investors-return-peers-stumble
3 weeks ago
when Mr NgWS90 that we can go 81 cents ???? tommorrow or thrusday or friday ?
3 weeks ago
At the last five minutes, the dealer came in to buy it. There should be a play tomorrow.
3 weeks ago
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1 month ago