EG (8907) - EG Industries Bhd (Rm 0.93)
EG Industries Bhd (Rm 0.93)
EG dropped 4 sens after its announcement on its proposal of 1 for 4 right issue of Redeemable Convertible Preference Share (RCPS) and 1 bonus share for every RCPS subscribed.
Today's drop is likely to be its mini wave 4. Very likely its share price will move sideways to form its mini wave 5 to complete its sub wave iii, follows by wave a-b-c of its sub-wave iv in the next 2 to 3 months.
EG (8907) - EG Industries Bhd (Rm 0.93)
http://chanky50.blogspot.my/2017/02/eg-and-insas.html