hng33, dun forget about PANSAR too.. the biggest distributor of construction materials based in Sarawak... they constantly pay out 2 to 2.5sen of dividend... this year 2sen.. dividend yield is 4.65%.. much better than FD... every year they pay.. never miss recently... so even if the share price does not go up, u get 4.65%.. where to find? haha... honestly speaking... i have tonnes of PANSAR shares for the dividend, and potentially the surprise from them due to recent mega construction projects awarded by the government... so there is safety of margin here...

http://www.thestar.com.my/business/business-news/2016/04/15/melati-ehsan-eyes-commercial-development-in-selayang/

http://www.thestar.com.my/business/business-news/2016/04/15/melati-ehsan-eyes-commercial-development-in-selayang/

hng33, recently i also started buying underdog developer/construction player Melati Ehsan... my friend who is working in it told me this year they have won a lot of contracts from government... and they also have a few property projects going on...

the only one thing that may not be so favorable about evergreen is their ROE is only around 0.10 which is lower than what many ppl want (>0.15)... we just need to be fair.. i also talk about downsides of evergreen...

haha... everise, i am ok if abcb gives the true facts.. but he is manipulating his statement with wrong info/fact.... even in 2015 AR of evergreen, we can see that the chairman said Evergreen is the largest MDF player in ASEAN...

hng33... smart move.. as u can see, many construction companies have seen the share price up but not HSL.. HSL is a very well managed company with constant growth over the 10-20 years... so there is no reason why it won't be rationalized to a higher share price... just a matter of time... see post above, they are also bidding into higher margin projects now...

http://klse.i3investor.com/blogs/PublicInvest/98301.jsp

buy before they release their next quarterly results in Aug...

water in selangor was not properly managed by Puncak in the past.. and that is why selangor government had no choice but to interfere and take over...

hng33... nice move... let's see if today's hike will continue or not.. afterall, HSL has been very much undervalued all these days...

ok, cheers gogogogo... but fact is still fact... we have to be fair... Evergreen is the biggest MDF player in ASEAN... abcb, take note..

CIMB is giving TP of RM2.02.. wow.. i think that is a bit aggressive... by converting to before-bonus-issue price, it is RM2.02x3/2=RM3.03... Evergreen's highest price before bonus issue was only RM2.56... so CIMB is basically saying that it can hit higher than what it was in 2015...

btw, GE-Shen is aggressively expanding... they are having 2 acquisitions in one month!!
- bought the remaining 25% of Polyplas
- propose to buy 70% of DOSB (a company who does metal stamping, die casting, etc)..

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5115565
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5143253

and they also bought another new warehouse - rationale is due to increasing demand and they need more warehouse to store...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5152005

no wonder recently the price is moving uptrend again..

JKing, scroll up and see above... i had shared before.

i agree 200% with everise, with much lower P/BV, there is margin of safety because we know the intrinsic value of Evergreen is more than its current share price... and i like Evergreen's management too... their COO called me before to explain my questions even though I am not one of their 30 largest shareholders (I am the 31st :P)

btw, recent strong USD has caused export counters like HEVEA and Evergreen to hike up again, just like today.. cheers all...

hi gogogogo... i started but I didn't provide false facts... unlike this abcb, that is very mean of him...

I think I have to agree with sostupid at certain level... it is just like in the past, many thought that MPCORP and MULPHA who have a lot of landbanks/assets are very much undervalued.. and they bought into it... however, these companies (especially MPCORP) rarely has any operating profits and soon moved into PN17... for those who are living in Selangor (or you may have heard it over the news too) that Puncak is a lousy company with poor management... the way they managed the water in Selangor had angered most of the folks there (such as unplanned water shortage, burst pipes, etc)... and I have witnessed their lousy quality myself... until the Selangor government also beh tahan and decided to take over. And with their "main/golden egg" sold to other, it is hard to see how they can perform (with existing management)... and I agree that the TRIpls acquisition is way way above the market price (PE 20, oh ny goodness)...

clementlee... wah... u have so much "water" one ar... millions of share....

i bought more uchitec today... for its dividend and (maybe) surprise on its revenue/profit...

he is doing sabotage on EVERGRN by giving wrong facts....

cheers... let's invest in both companies (again, I am not against HEVEA, just against this liar - abcb)... shame on him x9999999 !!!!

and i have proven him a real liar in this forum:

https://brokingrfs.cimb.com/gkT-hZwj8S4QLs7oX_0QPjbZRbAMWShhM_0G3f7Gs3j04CJ2f_laZ5Rw2_80Th6pASky84faP_doTQ2.pdf

ASEAN’s largest MDF producer
Evergreen Fibreboard (EVF) is one of Asia’s largest producers of
medium-density fibreboard (MDF), with capacity of 1.3m cu. m of MDF per
annum. In ASEAN, the Vanachai Group (VNG TB – not rated) in Thailand has a
larger capacity of 2m cu. m but only produces 900k of MDF per annum (the
balance is particleboard production), thus making EVF the largest producer of
MDF in ASEAN. EVF has 10 MDF production lines and one particleboard
production line spread across three countries – Malaysia, Thailand and
Indonesia. It has built up a customer base of over 600 customers across more
than 40 countries worldwide. No single customer accounts for more than 10%
of group revenue. EVF has smaller operations that produce particleboard and
ready-to-assemble (RTA) furniture. It manufactures its own glue requirements
from its adhesive plants in Batu Pahat, Johor and Gurun, Kedah. EVF also
owns 4,400 acres of rubber plantation land in Johor.

dear HEVEA investors, I am not against HEVEA, i have no doubt that it is also a fundamentally good counter.. just that I despise the act of abcb giving wrong fact to confuse investors... see how he lied here... shame on him:

http://klse.i3investor.com/servlets/stk/5101.jsp

abcb is a liar... haha... do you dare to shout again here that HEVEA is the number 1 MDF player in ASEAN? i understand your agenda and motive to try very hard to push the share price up.. but, please give real statement instead of simply telling lie.. shame on you!

this statement (about the cost control and how the management do restructure to cut cost) was actually mentioned by some analyst on Evergreen before (as they are the largest in ASEAN).. and it is obvious u purposely said it to be HEVEA for your own benefit/agenda... that is mean, very very mean of you... shame on you!!

please show me the fact/proof of your "number one player in ASEAN region and they are good in controlling the production at its high volume"... laugh die me..

that is why i pity you a lot abcb, u dun even know HEVEA's position in this industry when you invested in it.. this is dangerous... sad for you...

ASEAN’s largest MDF producer
Evergreen Fibreboard (EVF) is one of Asia’s largest producers of
medium-density fibreboard (MDF), with capacity of 1.3m cu. m of MDF per
annum. In ASEAN, the Vanachai Group (VNG TB – not rated) in Thailand has a
larger capacity of 2m cu. m but only produces 900k of MDF per annum (the
balance is particleboard production), thus making EVF the largest producer of
MDF in ASEAN. EVF has 10 MDF production lines and one particleboard
production line spread across three countries – Malaysia, Thailand and
Indonesia. It has built up a customer base of over 600 customers across more
than 40 countries worldwide. No single customer accounts for more than 10%
of group revenue. EVF has smaller operations that produce particleboard and
ready-to-assemble (RTA) furniture. It manufactures its own glue requirements
from its adhesive plants in Batu Pahat, Johor and Gurun, Kedah. EVF also
owns 4,400 acres of rubber plantation land in Johor.

https://brokingrfs.cimb.com/gkT-hZwj8S4QLs7oX_0QPjbZRbAMWShhM_0G3f7Gs3j04CJ2f_laZ5Rw2_80Th6pASky84faP_doTQ2.pdf

Abcb... read this.. it is stated clearly that Evergreen is the largest MDF player in ASEAN... so just dun talk nonsense, ok?

it seems like not only your HEVEA is focusing on higher margin products like RTA... Evergreen has much higher sales than HEVEA...

Evergreen is a leading worldwide producer of quality engineered wood-based products consisting of Medium Density Fibreboard (MDF) and Particleboard with an annual production exceeding 1.3 million cubic meters. In response to worldwide market demands, Evergreen adopted a vertical integration strategy and expanded beyond its core Medium Density Fibreboard and Particleboard into value-added downstream products such as Paper, Veneer, Printed, Melamine Board Laminations, RTA Furniture, Sawn Rubberwood Timber, Biomass Wood Pallets and move up stream producing Resin and having our own Rubber Trees Plantation. Evergreen's comprehensive range of upstream & downstream products has set the trend around the world.

abcb... you must be a super hard-sell salesman in your real world.... but, please dun confuse the investors here... do more homework and you will know Evergreen is the number 1 MDF player in ASEAN, not HEVEA... dun give fake statement just because you want to push your HEVEA up.. pity you...

haha... abcb, why so hardsell?

Shadows, you are making very good sense unlike some tiny stone who only talks rubbish...

if you have been courteous since day 1, I would definitely show you what kind of construction materials Pansar is exactly trading... however it seems that you are asking for some info from others at a very rude pitch. So I would suggest you go find out yourself...

wow... 2.82... crazy... guess it must be funds buying...

cpng, how do you know Ooi's average price is around RM0.22? mind to share? and in your last statement, you said Ooi will use his margin to hold on - what does this mean?

more to come... still very much undervalued for such a good dividend counter...

rocky, stop making false and misleading statements which would mislead the investors... you are not doing your homework but simply giving wrong facts...

it seems to me that you are the one who does not understand... and I indeed sigh for you coz you are the one who is of no cure...

give Ooi a big big lesson...

thanks for the good sharing cpng... let's push Ooi to Holland first... let it drop!!!!!!!! dun buy first... haha...

any price over RM1.00 is considered overvalued to me... just my 2 cents

don't forget that last year they were still making a loss... who knows if they will continue to be performing well like now?

it is wise to sell... at current price, it is overvalued... even if the full year EPS is 12 sen (being optimistic), the PE is more than 10 now... for a company with such small scale and no-previous-good-earning-track, it is overvalued now...

this year will be the year of construction companies... property market is slow but construction (especially projects from the government) is still very active...

haha... let's see la... dun be demotivated.. this is a good counter to invest in... just be a little more patient friends...

rocky, please do ur homework before commenting like a child.. Pansar is not only distributing steel, they distribute other construction materials like cement, wood, wiring cables, etc... so sad to see you are so naive yet try to act like a master... poor you.. you are slapping your own face loud...