if this CKCS stupid comment makes any sense, his HEVEA is also "TRENDING DOWN" since the start of last year.. why didn't he mention this?

It is very obvious.. he is double standard and has own motive/personal agenda to sabotage Evergreen..

but the main issue is not about the share price whether it is lower or higher than what it was last year... only short-termed and short-sighted speculator will look at that...

what we look at is the intrinsic value of a share and see what it should be worth of... we look at the future when it realizes its value and buy when it is trading at discounted price...

idixt will never understand this... nvm...

i can't stop laughing...

well written icon.. but you missed out one important point..

one of the main reasons why it has not gone up yet:
1) the 2 Mega projects won (Pan Borneo Highway and Kuching Centralised Wastewater Management Project) were at initial/start-up stages so not much revenue had been recognized as of the past few quarters. This has dragged down the 2016 performance. But if you follow FA, u will know that for construction, the revenue recognition is done based on construction progress instead of being linearized every quarter... so you can expect much more revenue and profit recognition in Q2, 3 or 4 this year and even in 2018... as most of us are aware, the unbilled orderbook is so strong that the revenue and profit is already guaranteed for at least 4-5 years

i have mentioned this many times at HSL forum but not many have listened...

when the mega project revenue and profit kick in, we will see who will laugh all the way to the bank...

well written icon.. but you missed out one important point..

one of the main reasons why it has not gone up yet:
1) the 2 Mega projects won (Pan Borneo Highway and Kuching Centralised Wastewater Management Project) were at initial/start-up stages so not much revenue had been recognized as of the past few quarters. This has dragged down the 2016 performance. But if you follow FA, u will know that for construction, the revenue recognition is done based on construction progress instead of being linearized every quarter... so you can expect much more revenue and profit recognition in Q2, 3 or 4 this year and even in 2018... as most of us are aware, the unbilled orderbook is so strong that the revenue and profit is already guaranteed for at least 4-5 years

i have mentioned this many times at HSL forum but not many have listened...

when the mega project revenue and profit kick in, we will see who will laugh all the way to the bank...

i wanted to write an article about HSL but unfortunately my writing skill is not as good as icon... and now icon has done it... good...

haha... now icon also invests in HSL...

smart investors can see it clearly... bcoz he loses out by 900000% with unjustified tweaked fact...

hi WiseInvest0r.. and also purposely leave out the MASSIVE cash on hand.. why?
because he is tweaking fact for personal agenda:
1) either to lift HEVEA by sabotaging Evergreen
2) or try to push down Evergreen price so that he can collect cheaper

it is very obvious, if not, then why is this loser wasting so much time here? nothing better to do if he does not have own motive?

well said Seek!

Seek, i understand ur concerns and kind intention.. unfortunately there is a typical manipulator who wanted to tweak fact there.. so i have no choice but to clarify the health of Evergreen... as a current shareholder, i think i have to defend Evergreen with supported and justified facts and valuations.

haha... this idixt CKCS = starperformer = sxckperfomer keeps twisting info... why did he never mention of the >RM160mil cash that Evergreen has?

His motive & personal agenda is very clear : try to promote HEVEA over Evergreen so he has to manipulate/tweak info to mislead others..

and he is so dxmn stupxd to not even understand the strong free cash flow Evergreen is having now... sad for him..

nvm, let him cheat... smart ppl can tell who talks real fact...

haha.. hi Seek, me too...
this one has hit some success, now waiting for Evergreen to do me the same... just wait.. haha

btw, anyone knows of why today the price shoots up so much?
I know from fundamental perspective it is attractive, but what drives such hike in a single day?

lol... my idol too... haha...

suregain, r u sure u can always gain from contra trades? haha

haha... remisier of suregain sure gain more than suregain...

when suregain makes contra gain, remisier sure gain
when suregain makes contra loss, remisier sure gain..


conclusion:
if you want to sure gain, be remisier of suregain

haha... suregain is soooooooo happy.... this time he/she "suregain" for contra trades...

good one... 20% higher selling price using tropical mixed wood to produce MDF, with marginally higher cost...

feliz, i think i know why...
suregain wants to show us that his/her trades are all "suregain" by telling us the buy/sell prices.
^^

exactly!

We are convinced that earnings will make a comeback during the 2QFYE17-3QFYE17 as HSL would be able to recognize billings from Pan Borneo project.

INVESTMENT HIGHLIGHTS
Strong reassurance from visit to HSL in Sarawak
Affordable housing and wastewater works will support earnings growth
Reaffirm earnings estimates
Maintain BUY with an adjusted TP of RM2.19
Strong reassurance from visit to HSL in Sarawak. We emerged from HSL’s Kuching Wastewater Treatment and La Promenade visit in Sarawak with reassurance on our revenue, target orderbook and earnings forecasts for FYE17/FYE18/FYE19

Key takeaways from visit:

Compelling underlying sewerage needs. HSL’s key competency in sewerage and wastewater engineering i.e. micro tunnelling and piping will anchor its future earnings prospect due to the strong need of efficient wastewater and sewerage connection in Kuching, Miri and Sibu from growing population. In a revised master plan in 2007, Sarawak Sewerage Department (SSD) has estimated that 3 Wastewater plants are needed to support the population in Kuching. In March 2016, HSL was awarded package 2 of the Kuching Wastewater Treatment Plant amounting to RM750m through its 75% joint venture with Nishimatsu Construction and recently in March, 2017 it clinched another award for Miri Wastewater Treatment Phase 1. Note that SSD has earmarked total of 4 phases of wastewater treatment plant in Miri amounting to RM3.3bn. Thus, we reckon that due to its key expertise in micro tunnelling and sewer piping HSL will stand to benefit. (Refer to Appendices)

Affordable housing will be a levelling factor. Secondly, we observe that affordable housing would be a levelling factor to even out earnings blips from progress billings and project recognition. We notice that HSL’s land banks are strategically located to be developed under the public housings such as Projek Perumahan Rakyat (PPR) and Projek Perumahan Penjawat Awam (PPA1M) such as in Muara Tebas and Muara Tuang. We estimate the comfortable level of GDV for affordable housing projects that HSL could undertake (based on its working capital) is c.RM170m. Last year, the state government has approved a total of 18,787 units of PR1MA houses to be constructed within the next 4 years. We are expecting HSL to take the opportunities in upcoming quarters.

Recommendation. We maintain our BUY recommendation with target price RM2.19 based on DCF method (WACC: 6.7%). We take cognizant that the previous results, HSL did not make the mark. We are convinced that earnings will make a comeback during the 2QFYE17-3QFYE17 as HSL would be able to recognize billings from Pan Borneo project. So far, anaemic earnings have subdued its share price advancement but due to its franchise in microtunneling, sewer piping and waste water engineering in Sarawak, HSL should be revisited.

Source: MIDF Research - 27 Apr 2017

garry, it is not so proper to write down my email address here due to spamming issue that i may face later on... hope you understand...

hi myongcc5, glad to see u again here.. how r u doing..

and OEMs too...

go check out Polyplas... see who their customers are...and this time, yes, Polyplas major customers are big international EMS companies...

hope this clarifies... but anyway, GESHEN is one of the leading players in this industry...

GESHEN is not involved in any eletronics.. mainly on plastic injection molding.. and recently into sheet metal business via DOSB acquisition....

companies like Flextronics, Foxconn, Jabil, Plexus, EG Industries... yes = EMS companies

GESHEN is not really considered an EMS company...

but most EMS companies also do design/R&D... and some are involved in plastic injection molding, sheet metal stamping, etc... and as a turnkey box build assembly house...

EMS should be eletronics manufacturing services guys...
in other words, electronics contract manufacturing companies for OEMs.

well said valueguru... u deserve to be named a "value" guru as you indeed understand what a real value is...

if u beg me sincerely, i may consider teaching u some good/smart ways of leaving Holland (the right value investment vs ur loss making bet/speculation)... but before that, mind ur language...

i can accept if Warren Buffet talks big, because he deserves it..
but for idixt like u who only talks nonsense without giving a single fact here (until today, none, all cxck-talking only), it is very disgusting to hear ur ungly voice...

go get a life... ppl like u is worse than starperformer=CKCS if you happen to be not his another ID...as at least CKCS tried very hard to create some manipulated info... but u did nothing except bullshitting...

Holland_Chai... u must be feeling too lonely being alone in Holland now, while others are making good profits... that is why you have always been imagining that some ppl should join your trip to Holland...

unfortunately, u r the only sorhai holland chai who will be destined to get stuck in Holland forever...
coz there are no other ppl as idixtic as u...

i feel very sorry for you...

the only snake oil salesman we can see here is CKCS = starperformer...

he has been creating multiple IDs to mislead/scare ppl with manipulated info...

when challenged with real facts/calculations, he turns mute and cannot refute with any solid points...

the motive/personal agenda behind this is very obvious - trying to sabotage EVERGREEN and to lift HEVEA (in his childish dream, he thinks he can destroy A to build B... very childish and idiotic right?)...

if u r new here, scroll back up (yes, u need to spend some time to read from the first comment this idixt made using the banned ID of starperformer) and then judge for yourself.. who has points? who gives facts? who manipulated info...

"star"performer? I puuiiiiii... "sxck"performer yes la...

suregain, thanks for your advice. When i first invested in share market 20 years ago, i know nothing is 100%. if there is a 100% thing, everyone is a billionaire now...
what u said is right, we have to be cautious so that is why we need to do a lot of homework, the more, the better..
there is still no guarantee that with all this homework we have done, it is a 100% surewin or suregain investment.. but at least, it provides us with a much higher percentage of chance to make profit from our value investing..

=)

haha.. Cold Eye keeps throwing his "Cash" into "Ocean"...

wow... sounds great for the company =)

14th biggest shareholder - fong siling

revenue, profit will go up, cash flow will improve... why there is still one idixt who claims that Evergreen cannot sustain in giving consistent dividends? haha

that is why i have been saying... expansion is almost done, CAPEX will be minimal.. and it is time to reap the rewards...

wow... Mr/Ms Seek seems to be an employee of Segamat Allgreen.... good....
pls share more insider's news with us.. haha

hello carikambing... another new ID with just one comment...
you have gone to the wrong place, there is no kambing here for u...

and can u pls enlighten us why would u classify this stock as 老千 stok! ??

haiz... my dearest susu kacang... if u need this info, it can be easily obtained from Bursa Announcement, it is stated in their annual report.... it is clearly stated that a dividend policy of at least 25% (of net profit) has been approved in the last AGM...

haha... yes, talk is cheap.. so u don't see me talking without providing facts...

Company A & Company B are doing the same business...
Company A can be profitable but Company B can be making a loss...

The moral of the story:
There is success in any field/business, it all depends on how you manage and control it.

Done for lecture today... i hope someone will learn something today

yet to be realized by majority:
- evergreen
- prlexus

and also recently:
- willow

u r right garrytan.... as i mentioned.. this is meant for mid to long term value investment... i dun expect excellent results in the coming Q report too.. but by end of this year, we should see good improvement in their top and bottom line... and it will be even stronger going into 2018...

unfortunately so many so-called "smart investers" (actually short-term speculator who does not understand what value investment is) came out and shout at the current/temporary share price performance...

i have seen a lot of satisfactory results in investing in similar companies like this (undervalued and ppl are not interested in the first place):

Just to name a few.. (if you did follow those forums where I posted my comments much earlier before the share price went up)
- Ocncash
- Success
- Zhulian
- Geshen
- Airasia
- Uchitec

what did i buy those shares when ppl did not want to buy?
because of margin of safety... and when majority of ppl have not realized their value.. that is the best time u accumulate...

another thing - u need to be observant .... u can get clues from everywhere.. of course, u must spend time to do homework!!!