EPMB Stock Forum

$EPMB (7773.MY)$
EP Manufacturing Bhd (EPMB) share price appears to be gaining momentum after trading sideways since early August. However, over a year basis, the counter lost 18.2% in value to close at 63 sen on Oct 28.
Investors are probably cautious over the company’s poor financial performance. It saw a 78% year-on-year plunge in net profit to RM2.9 million in 2QFY24 despite higher revenue of RM144.8 million. This was mainly due to the h...

Will $EPMB (7773.MY)$ stage a strong bull wave from here?
$EPMB (7773.MY)$ is targeting to begin vehicle production at its factory in Hicom Pegoh Industrial Park in Melaka in Q4 2024. EPMB will kick off with builds for two Chinese carmakers. The first is China-based Beijing Automotive Group (BAIC), with the company having inked a 10-year vehicle assembly agreement with the carmaker in April.
The company will also produce vehicles for Great Wall Motor (GWM), via...

US Stock Market Review 13 - 17 May 2024
$Dow Jones Industrial Average (.DJI.US)$ +1.24%, $S&P 500 Index (.SPX.US)$+1.54%, $Nasdaq Composite Index (.IXIC.US)$+2.12%. DJIclosed above the key 40,000 level for the first time ever.
Major economic data last week, CPI and retail sales showed weaker than expected result, ignited speculations that the economy is cooling, elevating chances for the Fed to cut rates in the next few months
Over 90% of the $S&P 500 Index (.SPX.US)$ compa...

$EPMB (7773.MY)$ wow any good news?

$EPMB (7773.MY)$  said its wholly-owned unit PEPS-JV (Melaka) Sdn Bhd (PJVM) has signed an agreement with BAIC Motor Corp Ltd to assemble and manufacture BAIC’s authorised model vehicles in Malaysia.
BAIC is part of Beijing Automotive Group Co Ltd, a Fortune Global 500 company and one of China’s largest carmakers.
FY2023's earnings was also the highest for EPMB since 2014. Revenue for FY2023 rose 25.5% to RM648 million from RM516.33 million amid higher sale...