my valuation for Prlexus based on EV/EBIT=10 will give fair EV = RM380.850million, which translates into RM451.586 market capitalization.

the intrinsic value therefore is calculated to be RM2.5298.
that means a whooping 72% of margin of safety for this share....

*note that I am using TTM for the EBIT calculation.

finally it moves... hope it will go up further...

Raider, my advice is, no need comment anything more on Hevea as diehard fans won't listen to you... to me, honestly speaking, Hevea is a good company too but you should have invested in a few years ago instead of now when it is already fairly priced (not undervalued anymore).. but, if u invest in Evergreen for its future growth and expansion that is going to boost the revenue and net profit, u have much higher chance to make money... just my 2 cents... up to you all to decide...

haha... joker spotted on his funny statement:

Evergreen price has gone up from recent low of 70+sen to now RM1.01... where is the so-called going-down trend?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
starperformer Nvm this stockraider loh. He's just nervous because he bet wrong into Evergreen. Just look at the price trend of Evergreen and Hevea. Answer is clear. LOL.

As i always said, Hevea is also a good company to me.. just that i feel that investing in Evergreen will give you higher chance of making money as it is still undervalued for its future growth...

we all can see that Evergreen share price has gone up steadily from 70+sen to now RM1.01... u think investors are all stupid to buy evergreen if not optimistic with its future?

haha... James, when Evergreen share price goes up, jokers like sxckperformer and moneykj will disappear... only when Evergreen share price retreats a bit, they will jump out and shout: see, evergreen share price is dropping due to poor fundamentals... haha... typical losers...

chankp, the fundamentals of SUCCESS is strong... they recently turn around their process equipment segment (from loss to making profit now)... so you can see the much improved earning in their latest QTR, also for the upcoming QTRs....

my valuation based on EV/EBIT=10 gives me intrinsic value of RM2.9893 for SUCCESS...
assume PE=12 for TTM, its price should be RM3.0859.

So if we take an average, it should be RM3.04... at current price of RM2.24, it still has close to 36% of margin of safety...

Jenas... check the price today... dun worry, Prlexus is a value share for investment... it has great ROIC, EY and FCFY... just dividend not so good... and i dun like the huge number of warrant too.. else, it is almost close to perfect...

nick_ck.. u r smart... unlike those who sold cheap to you.. haha...

btw, my average was RM1.30+ only.. hehe...

also waiting to sell around RM3.50

haha... James.. good smack on sxckperformer's face.. haha... he ownself stuck in Hevea but accused others being stuck in Evergreen....

i have mentioned about my average price of evergreen but he did not believe... see below:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


Dolly_Chai Raider, i agree 200% with what u said... in fact, i have monitored Evergreen for more than 10 years... there is no doubt that the management is transparent and with integrity. Just look at their website, it is one of the best/most informative websites that give you a lot of company info. no hiding here and there.. and I did have some opportunities to talk to the top management and i felt that they are honest in answering questions, not boasting or bragging..

when Evergreen dropped to around 40sen back in 2013-14 when the oversupply of MDF happened during bad economy... i started buying this share and of course, when the price shot up to >RM2.00 (before ex-bonus)... i sold most of my shares to gain handsome profit... i stil have some shares at around 40-60sen of cost... but honestly speaking, most of the shares bought at that price had been sold.. recently (a few months ago), the share price (ex-bonus) dropped from RM1.60-1.70 to RM0.70+, i bought shares again... bcoz i know the drop was due to lower gain from Forex loss (which is not related to core business)... fundamental-wise, it is still generating good revenue and profit for core business... so if we take away the forex gain/loss, in 2016 Evergreen is actually doing equally good as compared to 2015...

And think of it... why Evergreen share price shot up so much in 2015? bcoz of foreign gain... and in 2016- share price dropped bcoz of forex loss... now 2017.. what is the USD/MYR rate now?
compare it with 2015 and see?

So how do u think Evergreen 2017-2018 share price will perform?
simple logic.. think for urself... i have not even included the expansion (for core business) yet..

32 year old new CEO, interesting... guys, i could not read the link:
https://cforum.cari.com.my/forum.php?mod=viewthread&tid=3010513

can anyone copy and paste here?

thanks.

so this is gonna impact net importer like Hexza at a great deal, for quite a long time...

add one last item: i personally think that MYR will continue to be weak for the next 2 years (at least).. i do not see a chance to MYR to rebound much.. perhaps will linger around RM4.00 to RM4.20 at most...

bugle and Super_SKL, thanks for all your sharing so far... i just have a few doubts:
1) Hexza will suffer from weak MYR, as most of its raw material costs are denominated in USD, while most of its revenue is denominated in MYR. A net importer will suffer from weak MYR.
2) Many are very optimistic of the buy and lease back of the 8MW power generation system with Tembusu.. however, please take out your calculator to count : how many % is this revenue compared to their overall revenue? I assume USD/MYR at 4.20 (for full year), it is USD130205x12x4.2=RM6.5623million annual Revenue.. 2016 annual revenue is RM142million... that is only 4.6% of the total revenue... anything to be so excited about?
3) related to item 2, i dun understand why some ppl just use this power generation system "revenue" divided by total share to count how many additional EPS.. remember, this is REVENUE, not net profit... no need operating cost? no depreciation, etc?
4) the company has been very conservative in the past 10-15 years with almost no growth.. yes, in the latest annual report, the chairman said they will be more aggressive with growth but we do not know yet how they are going to achieve that
5) last one - resin business is very competitive... many MDF, particleboard, plywood manufacturers are already making their own resin to save cost, and some of them even sell excessive resin to open market... according to report by The Edge, resin business comprises about 61% of their overall sales.. which is a lot.. and they recently sold of a loss-making resin subsidiary.. that can imply something - resin business is really not good... ok, ethanol business is good.. but it has been dragged down by resin (with higher revenue portion)...

just my few cents... i could be wrong though... i would love to see discussion on my points above...

QL is an eagerly expanding company with growing top and bottom lines for more than 10 years...

recently the expanded more in Indonesia for their breeding farming business:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5289593

great!

i am marking my words here and we will check back in 9months-1year time...

welcome back loser moneykj, haha... find ur same loser friend here sxckperformer... no need argue so much.. let's wait and see...

haha... raider, no need argue with idixt anymore...
he just looked at a few days prices to define up and down...

whereas we look into 1-2 years down the road to reap 100% or more return... nvm la.. let him bark...

SC should really investigate the boss and directors... all cunning and deceitful foxes...

the boss and directors have been transferring their shares from one account to another account to try to maintain the share price while the quarterly results have been very very bad for many quarters... and then i guess now they started to fry up their own shares...

HHgroup boss is not an honest guy... it is likely he is frying up his own shares... watch out... this is a super lousy company...

yeah... i am laughing quietly too... hehe

"sell" will regret very soon selling too quickly at RM2.35.. haha

http://klse.i3investor.com/blogs/kianweiaritcles/113482.jsp

this shows that Airasia tickets are selling good among the Chinese.... China is indeed a huge market and TF is looking into further expanding into China market... good sign....

Raider, i agree 200% with what u said... in fact, i have monitored Evergreen for more than 10 years... there is no doubt that the management is transparent and with integrity. Just look at their website, it is one of the best/most informative websites that give you a lot of company info. no hiding here and there.. and I did have some opportunities to talk to the top management and i felt that they are honest in answering questions, not boasting or bragging..

when Evergreen dropped to around 40sen back in 2013-14 when the oversupply of MDF happened during bad economy... i started buying this share and of course, when the price shot up to >RM2.00 (before ex-bonus)... i sold most of my shares to gain handsome profit... i stil have some shares at around 40-60sen of cost... but honestly speaking, most of the shares bought at that price had been sold.. recently (a few months ago), the share price (ex-bonus) dropped from RM1.60-1.70 to RM0.70+, i bought shares again... bcoz i know the drop was due to lower gain from Forex loss (which is not related to core business)... fundamental-wise, it is still generating good revenue and profit for core business... so if we take away the forex gain/loss, in 2016 Evergreen is actually doing equally good as compared to 2015...

And think of it... why Evergreen share price shot up so much in 2015? bcoz of foreign gain... and in 2016- share price dropped bcoz of forex loss... now 2017.. what is the USD/MYR rate now?
compare it with 2015 and see?

So how do u think Evergreen 2017-2018 share price will perform?
simple logic.. think for urself... i have not even included the expansion (for core business) yet..

haha.. James, i like what u said.. yes, sxckperformer.. u all get u, pls get lost now.. haha

added more Pansar due to its consistent earning and dividend payout...

haha... raider.. what u said is absolutely right but some idixt just can't understand that... nvm, we all know that Evergreen will perform better and better in the near future so we just invest... idixt who does not really understand evergreen will continue act like a sifu who knows everything....

And his statement of huge debt is indeed a big joke... as i have pointed out that:
Net debt/Equity = 75.435M/1,111.168M= 0.0679 or 6.79% net debt/equity. Is this not manageable? is this not healthy? Compare with 2015, net debt has actually reduced.

~~~~~~~~~~~~~~~~~~~~
stockraider Lets put it this way Dolly & Raider is a deep value investors, we like evergreen bcos it offer good margin of safety and long term growth loh...!!

As for starperformer he is a sprinter and he look for immediate growth, not wrong....but we see it is already factor in Hevea share price mah...!!

Let see after 1 yr who would perform better...argue until cow comes home no use loh...!!

raider, better save ur gas instead of arguing with doggie sxckperformer...

he keeps telling his grandma story on why Evergreen did not give out much dividend in the past... in fact, i had explained that above but he just pretended like he didn;t see it.. haha.. see, this is typical loser...

and i also explained that Evergreen has approved dividend payout scheme in the latest AGM... he also ignored that... so we can expect Evergreen to start paying decent dividends starting this year...

~~~~~~~~~~~~~~~~~

cut and paste again:

3) Dividend - he is again very biased and misleading here.. 2013-14 were bad years for Evergreen, we all know and admit that. This was due to the intense competition of MDF makers within ASEAN (as 2006-08 were good years and many new MDF makers ventured into this business can caused over-supply) However, as mentioned by Evergreen management, many small and incompetitive MDF players have been washed out (go bankrupt) during the bad years of 2012-2014 due to losses.. but evergreen as the biggest MDF player in ASEAN with strong footing and experience has weathered thru the storm and grow bigger now.. in fact, they ate up the market shares of those closed-shop small factories,.. so from 2013-14, we cannot expect evergreen to pay dividends during tough years.. why I said he is biased? When Hevea was in deep financial woes during 2009-2010, why did sxckperformer not question: why Hevea did not pay out dividend during tat time? see? he is manipulating his words...

4) Dividend - in latest AGM, Evergreen management has approved to give out at least 40% of net profit to shareholders... so, with the expansion plan almost done (will require less capex, and have more cash)... we can expect more dividend to come.. we invest in the future of Evergreem.. but this joker keeps talking about the past.. and he totally kept quiet about Hevea's past on the bad years.. and when raider said Hevea almost went bankrupt.. what did this sxckperformer say? Trump went bankrupt 3 times but now is a US president.. haha.. funny right? we know it is not end of day for bankruptcy, but we dislike his biased view on evergreen.. Hevea's past was bad, but it is ok.. Evergreen's past was bad, but it is not OK.. see it?

value investors, do you still want to do panic selling? haha.. up to you... these sharks are laughing all the way to the bank and of course, laughing at you too for not being able to hold...

do you think those Singalan analysts (one of the most singalan analysts is from Deutsche Bank) will know Airasia better than Tony Fernandes? haha... it is all a plot, a special agenda by tycoons to press down Airasia's price to benefit them from bottomfishing....

Tony Fernandes really whacked the analysts gao gao:

“I am shocked how some analysts look at things, but we will have record growth this year.

“Our first quarter sales are positive, ahead of the same quarter in 2016,” he added.

“I have said this many times, let the results speak for themselves. Let’s look at the fourth quarter (2016) numbers.”

Asked to comment on Deutsche’s report, Fernandes said that he cannot predict stock valuations.

“How the market analyses, is not for me to decide. But obviously, I have great confidence in the company as Datuk Kamarudin Meranun (chairman of AirAsia and co-founder) and I are going to own 11% more in AirAsia with the share placement.”

Fernandes and Kamarudin are taking up a placement of AirAsia shares in a transaction worth RM1bil.

RAIDER... i tell facts, but sxckperformer manipulate "half facts"...
he just talks about the manageable debt (which is only 75.435M/1,111.168M= 0.0679 or 6.79% net debt/equity) without looking at the free cash flow Evergreen is generating every year (after deducting the Capex).... a company with healthy cash flow (free cash flow) every year has risk of going brankrupt?

If yes, Evergreen already bankrupt in 2013-14 when market was very bad....
but the fact is, Evergreen weathered that bad time and now has grown stronger.. and will be evern stronger going into 2017-18... and that is what we investors like.. huge growth potential with healthy balance sheet...

i am sharing some fundamental analysis (to put money into sxckperformer's pocker now)...

his observation (purely looking at the debt and conclude that Evergreen has trouble with it) is shallow and of kindergarten class/grade. We should perform a more detailed analysis which also involves its free cash flow...

let me show him:

Based on latest balance sheet:
1) Net debt/Equity = 75.435M/1,111.168M= 0.0679 or 6.79% net debt/equity. Is this not manageable? is this not healthy? Compare with 2015, net debt has actually reduced.

Based on average FCF of latest 3 years (2013-2015) - to reflect a more accurate average value
2) Free cash flow Yield (CY = FCF/MC)
Net cash generated from operation (2013)=52.053M
Net cash generated from operation (2014) = 84.906M
net cash generated from operation (2015) = 119.913M
- average net cash from operation = 85.624M

CAPEX (2013) = 40.907M
CAPEX (2014) = 21.595M
CAPEX (2015) = 93.278M
- average CAPEX = 51.927M

Average FCF = net cash from operation - CAPEX = 33.697M

market capitalization (MC) = RM0.97 * 820.607M shares = 795.99M

Free cash flow yield (CY) = FCF/MC = 0.0423 or 4.23% (>4% which is good)


This means that every RM1 you invest in Evergreen, you receive cash yield of 4.23% which is better than normal FD rate...
~~~~~~~~~~~~~~~~~~~~~~~~~~~

if you really observe well, you can see that their net cash from operation keeps increasing, while net debt has reduced as compared to last year.

i doubt if this sxckperformer really understands fundamental/value investing well? before he comments and shows his shallow & twisted "facts", i suggest he better learns more on free cash flow first...

i am sharing some fundamental analysis (to put money into sxckperformer's pocker now)...

his observation (purely looking at the debt and conclude that Evergreen has trouble with it) is shallow and of kindergarten class/grade. We should perform a more detailed analysis which also involves its free cash flow...

let me show him:

Based on latest balance sheet:
1) Net debt/Equity = 75.435M/1,111.168M= 0.0679 or 6.79% net debt/equity. Is this not manageable? is this not healthy? Compare with 2015, net debt has actually reduced.

Based on average FCF of latest 3 years (2013-2015) - to reflect a more accurate average value
2) Free cash flow Yield (CY = FCF/MC)
Net cash generated from operation (2013)=52.053M
Net cash generated from operation (2014) = 84.906M
net cash generated from operation (2015) = 119.913M
- average net cash from operation = 85.624M

CAPEX (2013) = 40.907M
CAPEX (2014) = 21.595M
CAPEX (2015) = 93.278M
- average CAPEX = 51.927M

Average FCF = net cash from operation - CAPEX = 33.697M

market capitalization (MC) = RM0.97 * 820.607M shares = 795.99M

Free cash flow yield (CY) = FCF/MC = 0.0423 or 4.23% (>4% which is good)


This means that every RM1 you invest in Evergreen, you receive cash yield of 4.23% which is better than normal FD rate...
~~~~~~~~~~~~~~~~~~~~~~~~~~~

if you really observe well, you can see that their net cash from operation keeps increasing, while net debt has reduced as compared to last year.

i doubt if this sxckperformer really understands fundamental/value investing well? before he comments and shows his shallow & twisted "facts", i suggest he better learns more on free cash flow first...

currently RTA only consists of 5% of evergreen overall sales.. with that, you define "current" evergreen as furniture maker.. that is really brainless...

Evergreen is still mainly a MDF maker so you are comparing with current furniture maker..
can you be sharp enough? why are u so dumb? speechless...

here is a scenario:

sxckperformer sells nasi lemak at his stall everyday... but one day a gxy guy paid him RM1 and he sold his butt (jual punggung).. just one time ya..

even though his major business is selling nasi lemak, but he defines himself as full time butt-seller.. wah... his definition is really speechless to me...

sxckperformer asked Tony Fernandes:

Why r u doing aviation business which requires a lot of capex and need to raise debt?

Tony fernandes smacked his head and answered:

some ppl are good at selling nasi lemak, some ppl are good at selling butt (like you)... my expertise is in aviation so i do this business...

if no one do this kind of business, there is no airline...

same thing for MDF... if everyone makes furniture, no one makes MDF.. where to buy MDF?

see how stupid his question is..

Kuo familiy is expert in MDF making so they involve in this business... you ask him to sell nasi lemak? no need a lot of capex, no debt...

no-balls idixt has been eluding my question and until today, he dares not to answer...
why? bcoz he knows that Evergreen cannot be deemed as a "furniture stock" now due to its low participation in RTA (but the potential for evergreen to grow its RTA revenue in future is really HUGE)... so we are looking at the growth in Evergreen...

i have answered all his stupid and manipulated questions, but he has not even answered my one question:

is evergreen a furniture stock at current stage? is it fair to compare its capex intensive business with "pure/mainly" furniture makers which are less capex intensive?

Raider, let's just ignore this joker sxckeperformer... he is still not ware of how disgusting and not-welcomed he is in this forum... how sick of him...

let me make one last blow to him on his idixtic and biased comments (for his personal agenda i guess, if not why spend so much time here... quite obvious, he missed the boat and is trying to pull down the share price - but who is he? does he have such influence.. haha.. )..


1) Debt of Evergreen (which is manageable and reasonable for the industry it is involved in) - he keeps saying that Hevea has zero debt but Evergreen has debt.. I have told him that Hevea is more like a furniture company as its 60% sales are from RTA (ready to assemble furniture) which are less capex intensive. Where as currently Evergreen manufactures 80% of raw MDF so it is more capex intensive in terms of the machineries and maintenance. They are not in the exact industries so you just can't compare directly.. he has not even answered my question on this one.. Yes, evergreen will target to build more RTA (current 5% of total revenue), but their main focus is still MDF at current stage. So, until one day when Evergreen has its RTA sales reach 50-60% of total revenue, then only it is fair to directly compare with Hevea on the debt/net cash...

2) Debt of Evergreen - again, let's discuss if the debt is bad or actually good for evergreen. We know that many business raise loans to expand. We have to examine whether their profit margin is higher than the interest they need to pay for the loan. Last year (2015 full year), evergreen net profit margin is 9.1%. This year (up to 9 months), due to forex loss, the net profit margin dropped to 7.3%. But this is still higher than the bank interest rate that they are paying for... example, if you earn RM10 additional but you pay RM5 for interest, u still get additional (net RM5) for the expansion... so why not to expand if you have net profit from there?

3) Dividend - he is again very biased and misleading here.. 2013-14 were bad years for Evergreen, we all know and admit that. This was due to the intense competition of MDF makers within ASEAN (as 2006-08 were good years and many new MDF makers ventured into this business can caused over-supply) However, as mentioned by Evergreen management, many small and incompetitive MDF players have been washed out (go bankrupt) during the bad years of 2012-2014 due to losses.. but evergreen as the biggest MDF player in ASEAN with strong footing and experience has weathered thru the storm and grow bigger now.. in fact, they ate up the market shares of those closed-shop small factories,.. so from 2013-14, we cannot expect evergreen to pay dividends during tough years.. why I said he is biased? When Hevea was in deep financial woes during 2009-2010, why did sxckperformer not question: why Hevea did not pay out dividend during tat time? see? he is manipulating his words...

4) Dividend - in latest AGM, Evergreen management has approved to give out at least 40% of net profit to shareholders... so, with the expansion plan almost done (will require less capex, and have more cash)... we can expect more dividend to come.. we invest in the future of Evergreem.. but this joker keeps talking about the past.. and he totally kept quiet about Hevea's past on the bad years.. and when raider said Hevea almost went bankrupt.. what did this sxckperformer say? Trump went bankrupt 3 times but now is a US president.. haha.. funny right? we know it is not end of day for bankruptcy, but we dislike his biased view on evergreen.. Hevea's past was bad, but it is ok.. Evergreen's past was bad, but it is not OK.. see it?

sxckperformer.. see.. i wasted so much time to explain to some idixt like u.. quickly thank me la.. coz i "put money in ur pocket" d...

currently RTA only consists of 5% of evergreen overall sales.. with that, you define "current" evergreen as furniture maker.. that is really brainless...

Evergreen is still mainly a MDF maker so you are comparing with current furniture maker..
can you be sharp enough? why are u so dumb? speechless...

here is a scenario:

sxckperformer sells nasi lemak at his stall everyday... but one day a gxy guy paid him RM1 and he sold his butt (jual punggung).. just one time ya..

even though his major business is selling nasi lemak, but he defines himself as full time butt-seller.. wah... his definition is really speechless to me...

sxckperformer asked Tony Fernandes:

Why r u doing aviation business which requires a lot of capex and need to raise debt?

Tony fernandes smacked his head and answered:

some ppl are good at selling nasi lemak, some ppl are good at selling butt (like you)... my expertise is in aviation so i do this business...

if no one do this kind of business, there is no airline...

same thing for MDF... if everyone makes furniture, no one makes MDF.. where to buy MDF?

see how stupid his question is..

Kuo familiy is expert in MDF making so they involve in this business... you ask him to sell nasi lemak? no need a lot of capex, no debt...

no-balls idixt has been eluding my question and until today, he dares not to answer...
why? bcoz he knows that Evergreen cannot be deemed as a "furniture stock" now due to its low participation in RTA (but the potential for evergreen to grow its RTA revenue in future is really HUGE)... so we are looking at the growth in Evergreen...

i have answered all his stupid and manipulated questions, but he has not even answered my one question:

is evergreen a furniture stock at current stage? is it fair to compare its capex intensive business with "pure/mainly" furniture makers which are less capex intensive?

Raider, let's just ignore this joker sxckeperformer... he is still not ware of how disgusting and not-welcomed he is in this forum... how sick of him...

let me make one last blow to him on his idixtic and biased comments (for his personal agenda i guess, if not why spend so much time here... quite obvious, he missed the boat and is trying to pull down the share price - but who is he? does he have such influence.. haha.. )..


1) Debt of Evergreen (which is manageable and reasonable for the industry it is involved in) - he keeps saying that Hevea has zero debt but Evergreen has debt.. I have told him that Hevea is more like a furniture company as its 60% sales are from RTA (ready to assemble furniture) which are less capex intensive. Where as currently Evergreen manufactures 80% of raw MDF so it is more capex intensive in terms of the machineries and maintenance. They are not in the exact industries so you just can't compare directly.. he has not even answered my question on this one.. Yes, evergreen will target to build more RTA (current 5% of total revenue), but their main focus is still MDF at current stage. So, until one day when Evergreen has its RTA sales reach 50-60% of total revenue, then only it is fair to directly compare with Hevea on the debt/net cash...

2) Debt of Evergreen - again, let's discuss if the debt is bad or actually good for evergreen. We know that many business raise loans to expand. We have to examine whether their profit margin is higher than the interest they need to pay for the loan. Last year (2015 full year), evergreen net profit margin is 9.1%. This year (up to 9 months), due to forex loss, the net profit margin dropped to 7.3%. But this is still higher than the bank interest rate that they are paying for... example, if you earn RM10 additional but you pay RM5 for interest, u still get additional (net RM5) for the expansion... so why not to expand if you have net profit from there?

3) Dividend - he is again very biased and misleading here.. 2013-14 were bad years for Evergreen, we all know and admit that. This was due to the intense competition of MDF makers within ASEAN (as 2006-08 were good years and many new MDF makers ventured into this business can caused over-supply) However, as mentioned by Evergreen management, many small and incompetitive MDF players have been washed out (go bankrupt) during the bad years of 2012-2014 due to losses.. but evergreen as the biggest MDF player in ASEAN with strong footing and experience has weathered thru the storm and grow bigger now.. in fact, they ate up the market shares of those closed-shop small factories,.. so from 2013-14, we cannot expect evergreen to pay dividends during tough years.. why I said he is biased? When Hevea was in deep financial woes during 2009-2010, why did sxckperformer not question: why Hevea did not pay out dividend during tat time? see? he is manipulating his words...

4) Dividend - in latest AGM, Evergreen management has approved to give out at least 40% of net profit to shareholders... so, with the expansion plan almost done (will require less capex, and have more cash)... we can expect more dividend to come.. we invest in the future of Evergreem.. but this joker keeps talking about the past.. and he totally kept quiet about Hevea's past on the bad years.. and when raider said Hevea almost went bankrupt.. what did this sxckperformer say? Trump went bankrupt 3 times but now is a US president.. haha.. funny right? we know it is not end of day for bankruptcy, but we dislike his biased view on evergreen.. Hevea's past was bad, but it is ok.. Evergreen's past was bad, but it is not OK.. see it?

sxckperformer.. see.. i wasted so much time to explain to some idixt like u.. quickly thank me la.. coz i "put money in ur pocket" d...

very hard to educate half-filled water like sxckperformer.. nvm la.. we just wait and see the results later...

of course, no doubt that investors like earning growth, but it must be coupled with good fundamentals too... in case the growth did not turn out as expected, the share price will not be affected much too

haha... is this a war declared against KC Chong?

good sharing ricky... mind to share with us what are your top picks for 2017?