Lol.. 10%.. 10m.. Last quater only earned 5+ million.. This quater will be a loss?

with current exchange rate..
next Q hevea will incur 3++ or 4 million exchange loss...

haha

Hahaha.. Where is the people ?

Lolz... Finally see quality comment here

Anyway.. based on the recent USD rate.. Heave should be able to achieve about 11-12mio for Q4 due to higher ASP and peak period...

Lolz... not wait slow down and get the idle manpower to focus on the expansion plan and prepare for the next Boom.. ah bo expand at peak.. hire additional power to focus on expansion plan.. after expansion done then then new expansion line use to produce grass to feed cow during the slow down period ah?

they wont go for right issue.. if they want to right issue then 7 morning 8 morning already right issue.. lolz..

The best solution is to do nothing,gather fund & pay-off the debts and wait for next recession.. Furniture sectors will still in peak for probably 1-3 years due to huge property launched in the last few year that will due on next 1 - 2 years.. after that will go slow down again.. during the slow down.. is the best time for Hevea to expand their production line

Comeon.. i purposely quote "recent" there..
based on ur logic compare with historical price (from 2010)... Seems like Hevea only outperform homeritz... and lose all the rest.. lolzz..

and hevea give 0 dividend during the period...

comeon.. don talk nonsense

I classified Hevea as furniture company.. same as homeritz, latitude, pohuat, liihen..

Sure there are many followers come out and share why classify hevea as furniture company.. lolz

Using Hevea compare to recent performance of homeritz, latitude, pohuat, liihen..

Shareholders of heave are the loser.. at least in short term.. but the shareholder here still worrying their share whether drop tomorrow.. instead of confidence that they will raise.. lolz

Lol.. so happy to see above comment.. they r so worry about HEVEA going to drop..

Disappointed what? Plenty of shares better than HEVEA at this price.. No drop then go and hunt other shares la.. If got drop to the price that i want then just accumulate la..

haizz...

This thread only allow ppl to comment good about hevea? Haizzzz

Wah.. "Alex chan want to dispose his share at high price.. And keep arguing this stock still look cheap." U want me talk like this meh? Come on..

If that is not the fact.. then why afraid others comment about the bad of Hevea.. ^_^

Hevea hit 1.55 at 16/10/14..
with this bad result, strong USD..
lets see

Have a nice trade tomorrow..

Goodnight everyone ^_^

anonymousinvestor.. no offence ah.. do more homework before comment.. don't drag everyone to your level

Hahahaha... panic sell from 2.xx to 1.7x.. whats so strong influences.. if those listem to you at 2.xx.. then all the way cry until 1.7x as at today.. lets see tmr..

comeon la anonymousinvestor.. be a man,,, if i want to promote then i promote only 1 share la.. i need to promote so many shares at one time meh.. somemore those shares all are in similar category

anonymousinvestor...

thats fking rite.. u see the recent share price for Hevea.. u already know hows their result look like :)...

lets see..

Yes angel_investor... re-enter at below 1.4 and resell at above 1.7 ^_^

If USD maintain at this rate.. and even higher in next year after US raised his rate next year.. Hevea straight go holland..

Choose those export company in USD to bet for the next few quarter will do.. latitude liihen homeritz pohuat preluxus magni.. SImply close 1 eye and throw the stone.. also better than hevea

Please.. la.. at this price.. what good invest.. don't turn ppl words..

discuss with logic and facts

Sell what.. I don't have any Hevea now.. this is not the right timing to re-enter

hahahaha.. fat lan zar? comeon man.. i accumulated Hevea since 0.8x.. sold all at around 1.9x...

now waiting to pick durian...

"I don't know we should only depend to ppe revenue ratio to determine a company performance.. Esp a growing company. And neglect other good parameters and prospects? Should we? Plz share if u really good. If bias critics no thanks."

this is very broad discusssion man.. you can even sing hevea to the sky if you like it..

Simple.....
Mitigated by export in USD....whizzes auntie

Alex.. this comment by u? hedging means the loan in USD not fully mitigated by export in USD>?

SS661M.. from ur logic... EPS and PE is totally meaningless..

Alex chan.. thats mean this Hevea will drop in short-term from ur perspective? lolz

Alex chan.. thats mean this Hevea will drop in short-term from ur perspective? lolz

Then i see wrong.. so i just put an example to song myself..


Hedging? thats mean they earning in USD insufficient for repayment of USD loan. haha

Hahahahahaha....

Please la SS661M.. Alex chan asked for how to calculate the FX loss..

I just put an example.. haizzzz

Alex Chan so confidence about hevea? Want to bet whether tomorrow Hevea Up or down not?

i already stated "example" somemore put USD 100 Mio.. lolz...

dude.. Check the PPE/Revenue ratio for Heave as compare with other companies in the same or similar sector.. U will get shocked.. don't just comment blindly without doing any homework..

I didnt say buying or upgrading their machine is wrong..
what i trying to say is if they do so.. they may probably go for loan as what they did previously.. then u don't expect they pay u dividend in short term.

or u can say.. bounce back in Q4.. sound better... dude

Q3 already drop... how to rally till Q4.. lolz..

somemore Q4 anothe FX Loss of 2mio..

That PP is to cun minority shareholder interest... want money go for right issue la.. hahaha..

lolz...

PPE as at 30 Sep is 250 Mio..

Total PP only 11 Mio.. 3 Mio allocated to purchase PPE... 3 Mio can purchase what PPE?

"The Company intends to utilise RM3.50 million of the proceeds raised from the Proposed Private
Placement to acquire new machineries and equipment. The new machineries and equipment are
expected to further enhance the production efficiency of the Company and the ability to increase
capacity to develop new designs in order to increase the existing product range. "

New machines to boost production? Lolz... then go and borrow huge fund again to purchase the machines like the past years...

example

Loan outstanding as at 31 Dec 13 USD 100 mio .. Exchange rate 3.3 .. Loan in Balance Sheet RM 330 mio

Loan outstanding as at 31 Dec 13 USD 100 mio .. Exchange rate 3.5 .. Loan in Balance Sheet RM 350 mio ... FX Loss RM 20 mio

maturity date is 01/03/2020.. so u all can ignore the existence of warrant? and exclude it from calculation of PE while getting the fund from warrant at beginning? lolzzzzz..

Expect about ~2mio FX loss in Q4 based on the current USD/MYR..

If USD raise further.. FX loss more..

Alex chan,

"The warrants are at 20% premium, what are the chances of exercising it."

So u expect the share price for Hevea won't raise? Conflict or not? hahaha.. or expect Warrant price wont drop when close the maturity date?

Please include the warrant into calculation of PE.. Then u will realize that actually hevea is not cheap

That ppl said hevea incurred 1.1m fx loss.. U can check back the history..
Profit decreased by around 30% as compare to last quarter..
Next quater will be even worst as raised in USD.. Hevea holding huge amount loan in currency USD

闲谈fiamma 地产史记（part 3）

这篇主要是细说这些年，fiamma如何部署进军地产的史记

这段日子，我会集中在分享fiamma的资料
因为只有当你专注一家公司，你才会发现它的好

【2005年】
～以0.10亿脱售rawang地段，净赚 0.05亿
～以0.23亿买入kl土地+1间独立式房屋（占地 3771sq meter）

【2007年】
～以0.25亿买入3片位于kl土地（占地：5706.24 sq meter）
～以0.16亿买入5片位于kl土地（占地：4249.59 sq meter）

【2008年】进军柔佛+发展计划详情
公司附加股筹资+warrant买入oaksvilla 和uniphoenix jaya sdn bhd进军kota tinggi房地产

～oaksvilla sdn bhd
买价：3.74million
占地：11.3英亩（freehold）+85.7英亩（leasehold）
发展计划名称：taman kota jaya 2
发展总值：1.75亿
发展成本：1.41亿
税前净利：0.34亿

11.3英亩地段兴建计划详情：171间双层排屋+264间廉价公寓
85.7英亩地段兴建计划详情：663间双层排屋+103间双层店屋+509间廉价屋

～uniphoenix jaya sdn bhd
买价：0.12亿
占地：7.7英亩
发展计划名称：taman kota jaya
发展总值：0.37亿
发展成本：0.28亿
税前净利：0.09亿
发展详情：84间双层排屋+16间双层半独立+16间双层店屋+两间独立式

【2009年】
kota tinggi房屋计划开跑
16家双层排屋售馨

【2010年】
kota tinggi推行20家双层排屋，全部售馨
公司坦言kota tinggi房屋销售反应欠佳

【2011年】
kota tinggi 无法迎来投资热潮
管理层谨慎分阶段推行房地产项目
已成功推行第一阶段的发展

【2012年】
kota tinggi房屋进展依然缓慢，直到2013年，kota tinggi房屋计划渐入佳境

【2012年】
提议联营发展柔佛地段
联营对象：perbadanan islam johor
发展计划名称：vida residenz
发展总值：2.03亿
发展成本：1.64亿
税前净利：0.39亿

【2012年年中】
推行menara antara房屋计划
发展总值：1.6亿
2014年年尾完工，可为接下来3个季度做出贡献
全部售馨

【2014年】
提议买入雪兰俄，两片工业地
占地：25415 sq meter
买价：0.30亿
目的：商业用途

【先见之明的管理层】
由于管理层在2005年至2007年之间，就分别购入kl土地，2012年开始推行menara antara房屋计划，直到2015年推行jalan yap kwan seng房屋发展计划
事隔多年，kl土地价格也大涨了许多，fiamma选择在房地产火热的时候，开发kl地段
所以net profit margin非常高，也显得管理层有先见之明

【后语】
牛市在悲观中诞生，在怀疑中成长，在乐观中成熟

当年家具业迎来春天，latitud股价低迷，又有多少人会看上它呢？
当年seal处于转型阶段，有多少人看上它呢？
去年prlexus业绩因为ESOS，净利大跌，又有多少人愿意持有它呢
去年hohup 即将脱离pn17，又有多少人买入它呢？
如果当时候，投资者能捉住这些被众人嫌弃的黑马，至今的回筹肯定非常乐观

在牛市里，被低估的公司不多，所以遇到类似fiamma的公司，就应该紧紧握住

共勉之