ENGTEX GROUP BHD
KLSE (MYR): ENGTEX (5056)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.635
Today's Change
+0.005 (0.79%)
Day's Change
0.63 - 0.64
Trading Volume
223,500
News and Blogs
Discussions
10 people like this. Showing 50 of 2,783 comments
Shit...after thy split this share.. stock damaged,... Played with retailers
2024-08-13 18:52
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
2024-08-14 10:15
The earlier rise in price was mainly due to bonus issues, the counter might need to rest or consolidate before going up again !
2024-08-16 22:13
The 0.615 support is now waiting for the dealer to eat enough and then push it back up.
2024-08-20 10:18
Selling dried out, buy on weak qr, expecting better QRs in the near future.
2024-08-23 09:02
when Mr NgWS90 that we can go 81 cents ???? tommorrow or thrusday or friday ?
2024-08-27 12:58
At the last five minutes, the dealer came in to buy it. There should be a play tomorrow.
2024-08-27 16:53
Engtex – chasing dreams or using base rates?
Daniel Kahneman made famous the concept of the base rate fallacy. When presented with both historical or statistical information and those which is specific to an event, we tend to ignore the historical/statistical one.
I worry that we are going to see this play out for Engtex. This is a cyclical company whose performance is linked to steel prices. So in valuing Engtex we should be looking at its performance over the steel cycle. On such a basis its earnings value based on its historical performance is below its market price suggesting that it is overpriced
Of course, you would argue that this is backward looking and a more forward looking picture should consider the potential demand for water pipes. This in turn relates to the increase in water rates that would translate into better earnings for the water companies that in turn spur more water infra spending. On such a basis, you would consider Engtex as being underpriced.
In the short term the water infra story may play out. But if you are a long-term fundamental investor, shouldn’t you be looking at the water infra story in the context of the base rates?
https://www.youtube.com/watch?v=HRIYJUoQMj4
2 months ago
Downtrend has started? In the meantime, they continue to convert warrants to mother share at 40 sens each? After Bonus issue and continued dilution of shares, doesn't looks good?...lowest today 0.625 sens! More weakness to come! Hope minor support at 0.62 doesn't breaks?..tut tut
2 months ago
Poised for a rebound. ENGTEX is currently trading at a strong support level of RM0.60, with additional support at RM0.56 level. Coupled with improving indicators, ENGTEX may be set for a rebound toward RM0.66-0.69-0.73 region. Cut loss at RM0.52.
Collection range: RM0.56-0.60-0.62
Upside targets: RM0.66-0.69-0.73
Cut loss: RM0.52
From HLIB
1 month ago
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-12-20 16:50:00
EMA 5
5 Mins
BUY
2024-12-20 16:50:00
ADX
5 Mins
BUY
2024-12-20 16:50:00
TURTLE SYSTEM 20
5 Mins
BUY
2024-12-20 11:30:00
EMA 5
10 Mins
SELL
2024-12-20 11:20:00
EMA 5
5 Mins
SELL
Apps
Top Articles
1
Rakuten Trade Research Reports
2
3
Stock Market Enthusiast
4
Mercury Securities Research
5
6
Stock Market Enthusiast
Top 3 AI/Data Center Newsflow for the 3rd Week of December - #TENAGA, #YTL, #YTLPOWER
7
Good Articles to Share
Southeast Asia has US$60b AI boom, but its own startups are missing out
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
damansaraeagle
FREE FALL
2024-08-13 16:12