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Yes investor 23 looking forward to results however in Uncle opinion it would not be critical as EG has already secured a new customer G which they had to make a material announcement to Bursa ie upcoming quarter's should see contributions. This is different from companies where the future is uncertain and thus past performance is instructive. If you won a 10bil contract does it matter if you lost 10k in the past quarter? As always please follow Uncle for insights and understanding of the markets
1Q25 headline figures YoY growth but nothing too spectacular. But as Uncle shared even in the beginning comments here, Uncle buy because of Customer G and under the 1Q25 Prospects the growth potential is spectacular
"As evidence of this positive outlook, the Group has on 16 May 2025 entered into a Master Purchase Agreement with a new customer based in the United States of America for the supply of backup batteries for network routers, AI-robotic devices, network switches, and other consumer network related equipment, with exports destined not only for the U.S. market but also for its international operations outside the United States.
(Continued) Prospects (1Q25 regarding Customer G): -
"Production of these advanced solutions, including 5G photonics-related products, will be manufactured in the newly build Smart Factory 4.0 in Batu Kawan, Penang, which is scheduled to commence operations this year."
As for RM2bil in FY2025 Uncle usually take it with a pinch of salt. What's for sure is we can expect yuuuge and I mean yuuuge (Trump accent) growth in coming quarters ha ha ha ha ha
Uncle crystal ball flashing here Uncle tripled position based on the tape and price action volume is drying up and price is in a tight range breakout to the skies and all time highs to match EG's upcoming all time high revenues is imminent
Uncle got to know Uncle peer Ooi Teik Bee also in EG but earlier (and higher ha ha ha)...Uncle not surprised since great minds think alike ha ha ha ha ha
Welcome Chua Jing to EG Industries Uncle's top pick horse for 2nd half of 2025 ha ha ha ha ha
As for sure or not nothing is guaranteed in life except death and taxes ha ha ha. Just look back at Uncle's comments on the select few stocks (unlike some who comment on every stock) and it's timing. Uncle hope 2025 will be a great year for everyone
When CIG first partnered with EG (signed in end 2022), it was the start of a superbull cycle (beginning early 2023). With the 3rd LOI signed and Customer G(oogle), EG's supergrowth cycle for the next 3 years is all but guaranteed
Yes Amal Amal EG Industries welcomes everyone to Uncle's top pick for 2H2025. If you follow Uncle you too can be a superinvestor. As always please follow Uncle for more industry insights it is free forever
Hi Chua Jing if you followed Uncle when Uncle shared tripled up position on 24 June you won't need to ask...
If you looking for short-term or contra profits then may not be suitable because market likes to fake breakouts but if you looking for triple digit gains and 6 months or more timeframe then should be good, final decision is yours
Mr Market and operators always give us chance...you can be the retail investors that paperhand and dump also and have to buy back higher, or you can be superinvestor and scoop at bottom ha ha ha ha ha
No worries Amal Adam as long as profit. Uncle here waiting for big kaki and whale e.g. Kang and China funds to push this stock to all time high ha ha ha ha ha
Uncle now regret didn't buy more ha ha ha ha ha. Just track CIG Shanghai share price and profit growth. CIG's R&D centre is in the US, it is like a fabless semiconductor firm (e.g. AMD or Nvidia) that designs high speed optical modules and has technology partners like EG Industries for production. Thus CIG should be exempt from semiconductor sectoral tariffs and it's share price is surging
When other markets are flying but Bursa lagging which do you think is the safer bet with surging upside or as Uncle heard from traders r/r (risk/reward) ha ha ha ha ha
Uncle seeing this RHB report on EG Industries being shared around and tbh it is low quality
EMS has two kinds - industrial (PIE, Aurelius) and consumer (VS SKP). EG can be considered as industrial EMS. PIE has PE of 25+ while Aurelius has PE20++. Both have shown weaker performance compared to EG. Yet the RHB assign PE of 18x using "EMS sector average" which includes VS and SKP...
Compared to PIE and ATech, EG should trade at PE35+ (which drops with EG's exponential 30-50% growth in 2-3yrs)
Uncle's Target Price for EG is RM3 pegged to PE35 (in 2-3 years time with 100-200% growth today's price will be a bargain)
Uncle look forward to a new EG superbull run like what began in Jan 2023 yielding multiple hundred percent returns. As with TopG LWC famous last words, this is just the beginning and the best is yet to come ha ha ha ha ha
Like the superinvestors of Graham and Doddsville, Buffett, Munger and Lynch, buy as much as possible with ultimate conviction and hodl with diamond hands
US market is down which usually happens in the month of September Uncle just hodl here and wait for the uptrend continuation and surge to all time highs ha ha ha ha ha
Like the superinvestor's (e.g. Buffet Apple stock) Uncle don't like to chase high and only buy at bottom while traders in Uncle long experience and through acquaintances will do the opposite buy high and cutloss at pullbacks...totally opposite for what is the same thing if we think about it ha ha ha ha ha
Yes as Uncle said earlier in July 2025 just waiting for the whales Kang and China funds to buy ha ha ha ha ha. CIG Shanghai allday errday limit up...after that the funds open their Qr report and see EG Industries there...what do you think they will do...when a customer grows rapidly, so will it's suppliers - see Nvidia
Buy with ultimate confidence Uncle target RM3 minimum with PE 30-40 in line with profit growth and PEG ratio still less than 1
As shared by Uncle earlier Aurelius Tech which is Industrial EMS today also fly today while consumer EMS VS SKP is lacklustre
As Uncle has proven in Greatech and KOPI and warnings on Supermax, Natgate, CTOS, Zetrix, Uncle's industry (read:insider) insights have been timely and unmatched
Uncle can never understand why anyone who is truly successful (at least 25-30% CAGR over min 10-15 years with 1 real bear market (Covid does not count) in market will ever need to charge fees and subscription
Yes Pentamaster has ventured I to optoelectronics and silicon photonics to meet demand in high speed connectivity in AI servers while EG are already producing high speed optical modules ! https://theedgemalaysia.com/node/769442
EG has PE15 while Pentamaster has PE49. No brainer investment EG 1st target RM3 hodl with diamond hands
Yes TheStar article "EG just keep growing" 6 September 2025
As Uncle always said, lots of developments coming with ultra growth. EG is going to the moon and beyond TP raised to RM5-6 pegged to PE30 FY2027 earnings