T_____________________________________T thanks richman.

really really regret this round. burnt kao kao!!! made money earlier then got greedy and enter again. thought i learnt my lesson last time, but greed got the better of me!!!!!!!! T-T dumped mine. will go earn back somewhere else. always remember cannot be greedy, if its not urs, its not urs.

Blog comment on HEVEA, Internal Cracks Emerging 亿维雅，股东内鬨
Author: robertl | Publish date: Wed, 6 Jan 2016, 02:38 PM


Ooi Teik Bee

Dear valued readers in I3,

I understand many of you are so worried about your investment in Hevea. In order to help you all, I take the initiative to write to Hevea management to clarify 2 items here.

1 - Court case
2 - 700 containers of reject (Actual is 700 m3 not containers).

Below are the answers to both items.

1 - Court case.

The court case is involving our minor shareholders in HeveaWood claiming no dividends after many years despite HB gave limited dividends. We are unable to pay as we have a loan governance to pay borrowers first. The case was won twice but the plaintiffs still brought it to appeal court. This is non issue if we pay up all loans in June this year.

2 - 700 containers of reject (Actual is 700 m3 not containers).

We had an issue that 700m3 of our PB to Korea were held up in Korean port over quality problem last October due to wrong testing method. This is resolved after our protest, our test, local labs, and Korean labs subsequently prove us right. The results are better that requirements. Thus all cargo cleared.

Dear valued readers, I am not siding any party here. I just get the explanation from Hevea management so that all my subscribers are happy with my explanation.

Since I have the answer, I hope to share with all readers here. If you do not believe, please ignore it.

I am not asking you to buy or hold the shares, final decision is yours.

Thank you.
Ooi
07/01/2016 22:03

share taking a breather

this one must wait long term better returns *pray they find oil* XD

price now at bottom range can buy n play.. sumore company financials pretty good compared to most companies of the same price range

LOL 20% discount! Its quite oversold by panicked day traders

agree sherene!

ya leh.. i read research reports like ok, bought then price drop like this T-T