normal cimb target is 2.90 but blue sky target is higher

Dividend policy
On dividend policy, EVF reiterated its 20-50% dividend payout (although that
was suspended in FY13-14 when it made losses). Investors could even be
surprised by a special dividend should the sale of its rubber plantation
materialise. Management guided for an effective tax rate of 10-15% given the
various capex allowances and previous unutilised tax losses, which suggests
scope for earnings upside potential as our estimated tax rate is 17%.
Blue-sky target price
Our sensitivity analysis suggests that every 1% appreciation of the US$ vs. RM
will increase earnings by 10%. Assuming an average US$/RM of 3.70 (vs. 3.60
currently), FY16 EPS could rise to 30sen. At 12.5x FY16 P/E, this suggests a
target price of RM3.75 (80% upside). At an average US$/RM of 3.80, FY16 EPS
could increase to 36 sen, and translates to a target price of RM4.50 (130%
upside).

Post removed.Why?

MDF industry outlook and customer profile
Investors were interested in the MDF pricing cycle over the last 10 years and
how that correlated to EVF’s financial performance. Management explained
that its record net profit of RM131m achieved in FY07 was mainly on the back
of its acquisitions of the Hat Yai and Nilai capacity plus record-high MDF
pricing in US$ terms. The next downturn came in 2011-2014 when a
combination of high raw material prices, and major global capacity addition
(50% increase in 2010-13) resulted in price dumping by new players in
Thailand and Indonesia. The current pricing environment is favourable in RM
terms given the weak RM. US$ pricing has yet to achieve its previous peak in
2007 (still ~15-20% below). Going forward, EVF will be less topline focused;
rather, it will be selling higher-margin products such as thinner MDF, which
are priced at 10-15% higher than conventional boards.

Post removed.Why?

Counter is just having a normal consolidation.. many are having fear that this counter will become the next K1.. only thing it was ovevalued at 1.80, so it needs some consolidation, not a downtrend like many are thinking. Market actually is waiting for it s earning report. The company has a intention to transfer to mainboard, so here performance counts

If want to transfer to main board this year, then it should show good earnings

greddym3 Posted by kevin5059 > Jul 29, 2015 10:50 AM | Report Abuse

greddym3 just simply tembak a date la.. The following is what he said on 21st May.

Name Capacity Date of Commissioning
RKM-1 350MW June 2015
RKM-2 350MW Sept 2015
RKM-3 350MW Dec 2015

He just change the date and spread the false information again...

Here are the source:
http://www.wrpc.gov.in/occ/473occ_minute.pdf



greddym3, which page of the above link??? the link contain large info? thank you very much

guys why going up any news????

HIGH OF 2.44 BECOMING SUPER ALREADY

companies related to china are affected,,,ifca is one of it

Post removed.Why?

still holding at rhb target price of 1.29.... once a strong news comes in maybe new target price.. so please wait

but how far can this stock move?? any ideas guys? anybody?

now fire at bukit aman

Post removed.Why?

Post removed.Why?

Yoong Onn Corporation Bhd forms bullish "Continuation Wedge" chart pattern
Jul 23, 2015

Recognia has detected a "Continuation Wedge (Bullish)" chart pattern formed on Yoong Onn Corporation Bhd (YOCB:MYX). This bullish signal indicates that the stock price may rise from the close of 1.05 to the range of 1.20 - 1.26. The pattern formed over 35 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: After a temporary interruption, the prior uptrend is set to continue. A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.


CIMB TRADING IDEAS...DATED 23 JULY OLD BUT HELPFULL

CCM Duopharma Biotech Bhd forms bullish "Symmetrical Continuation Triangle" chart pattern
Jul 23, 2015

Recognia has detected a "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on CCM Duopharma Biotech Bhd (CCMDBIO:MYX). This bullish signal indicates that the stock price may rise from the close of 2.86 to the range of 3.31 - 3.41. The pattern formed over 45 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend. A Symmetrical Continuation Triangle (Bullish) shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks out above the upper trendline with a noticeable increase in volume, confirming the pattern as a continuation of the prior uptrend.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.


DATED 23 JULY OLD BUT HELPFULL... CIMB TRADING IDEAS

Homeritz Corporation Bhd forms bullish "Inside Bar" chart pattern
Jul 29, 2015

Recognia has detected an "Inside Bar (Bullish)" chart pattern formed on Homeritz Corporation Bhd (HOMERIZ:MYX). This bullish signal indicates that the stock price may rise from the close of 1.11.

Tells Me: The balance between buyers and sellers, recently dominated by the bears, is evening out. We may see higher prices ahead. An Inside Bar develops during a strong downtrend, when the trading range is completely within the boundaries of the prior bar. This suggests the balance between buyers and sellers is becoming more evenly balanced i.e. a weakening in power for the bears and increasing in power for the bulls.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.

CIMB TRADING IDEAS

YTL e-Solutions Bhd forms bullish "Gravestone" chart pattern
Jul 29, 2015

Recognia has detected a "Gravestone (Bullish)" chart pattern formed on YTL e-Solutions Bhd (YTLE:MYX). This bullish signal indicates that the stock price may rise from the close of 0.54.

Tells Me: The bears have sustained control over the downtrend, but the period has shown a surge of bullish demand that suggests we are nearing a bottom. During a downtrend, the bar opens at its low (or very close to its low), then rallies, but isn't able to sustain the move and closes back down near the open. The bulls have lost the battle but have shown some strength during this period. It's possible we are nearing a bottom.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.


CIMB TRADING IDEAS

http://www.theedgemarkets.com/my/article/datasonic-targets-50-payment-card-renewal-market

greddym3 RKM-1 360MW Aug 2015
RKM-2 360MW Sep 2015
RKM-3 360MW Dec 2015
RKM-4 360MW Mar 2016

where you got this? from any reports?

Post removed.Why?

http://nexttrade.blogspot.com/2015/07/mieco-time-to-take-profit.html

KYY is picking other professionals stocks then he is claiming that it is his picks

Actually he is marketting his stocks today, and he want us to buy them. Smarty snake he is

Post removed.Why?

i just cannot understand why this Mr K keep on coming to i3 site?????? what are his hidden motives??

actually this counter has not shooted up very high above RHB TARGET PRICE OF 1.29,, then why UMA was given.. very very funny and weird what this bursa is doing... they are doing things in unprofessional ways

kkng0819kk Anto is like Saruhkan and James wong like Jacky Chan.Both are gud actors
23/07/2015 20:38

wow good joke i like it

Posted by Ooi Teik Bee > Jul 22, 2015 12:26 AM | Report Abuse

Buy and hold until Sept 2015. You should know it.
Thank you.

why SEPTEMBER????????

HIS FULL BELLY IS TALKING NOW

THIS CUNNING PERSON IS TRYING TO GET BACK HIS POPULARITY ON I3 SITE..DOING A SNAKE DANCE

he is washing up his past sins.. a real DRAMA PLAYER

i do not think it can go back to 1.00 at the moment..

BURSA PLAYING DIRTY

it s still holding at RHB TARGET PRICE,,,ACTUALLY NOT NECESSARY UMA AT THE MOMENT... THEN WHY GIVEN UMA??????????

holding at RHB TARGET PRICE OF 1.29,, WAITING FOR NEWS.... IT S COMING

it will play arround this price,, till some news comes out,,,I AM SUSPECTING TODAY AFTER PRAYERS

kcchongnz ---- in all this cyclical stocks you had mention.. which one is your top pick at the moment?????????? the very strong one still on uptrend.. just pick one, is it latitude or VS or others?? thanks

does not know how this bursa runs this UMA... when counter going up they put it on UMA, but when a counter is dropping so much without any reasons then no UMA.. real stupid mind

DSONIC GOOD NEWS IS ALWAYS ON FRIDAY,, WATCHOUT TODAY IS FRIDAY

http://www.theedgemarkets.com/my/article/cimb-tahps-mesb-datasonic-cycle-carriage-pantech-destini-and-tower-reit

his new movie is LIVE N LET OTHERS DIE

hi hi hi just joking ha

ANTO still eating muruku n chewing beetle nuts,, james wong our new james bond

Post removed.Why?

WEEKLY CHART: POTENTIAL RESUMPTION OF UPTREND FOLLOWING A HAMMER
CANDLESTICK FORMATION

Technicals (Daily)
Daily RSI Neutral
Daily Slow stochastic Bottom up
Daily MACD Neutral
52-w High/Low 1.87/0.18
Book value/share RM0.16
P/BV (x) 7.1
1Q15 Netcash RM53m (or 9.5sen/shr)
6-month beta (x) 2.1
Average volume 1M (15.8m); 3M (15.5m)
Price performance: 1-d/1-wk -1.7% /0.0%
S1/S2 (RM) 1.09/1.05
R1/R2 (RM) 1.20/1.28
Long term objective (RM) 1.38
Stop loss (RM) 1.03
HLIB Target price (RM) Not-rated
Bloomberg Target price (RM) 2.03
Recommendation Short term trading
Source: HLIB, Bloomberg