Data is always there. Pointless to even mention your intention of doing so. Bravo for reeling in another unrelated issue or perhaps people.

Who's the winner? I just know u whine a lot here. God will bless u if u behave so why worry?

Be grateful with Hevea's achievement even u disagree with others here. Why are u arguing with a non issue here? I don't have time to argue nonsense with u, ok. Move on.

Since they can't beat us, they will just join us. Worse kind of person is the one who turned out to be a sour grape from within. If u have nothing good to contribute then eat a pau and less complaining. Be happy and focus on your own business.

Rabies outbreak again. Different or not, why are u arguing for a non issue?

Hevea on steroid

Some people always argued that mushroom venture is uncertain but I've never seen any mushroom venture in Malaysia that failed. If you're capable enough, please find me a real case before u keep singing it to be uncertain. I'm seeing it to become the third core business of Heveaboard starting from Q1 2018. Don't too overly worried, target will be met. How many times those people keep criticizing Hevea in the past have ended up buying & chasing its shares at high? This is a testament to your own failure.

Black swan? I just know roast duck is delicious.

Lol TFTan said that days ago on 28/07/2017

A promising run up performance. We've witnessed close to 40% appreciation under 3 months tenure. The figure has not accounted the dividends received and forthcoming ones.

The JFApex coverage analysis is more comprehensive than the HLIB. Good write-up!

The buying frenzy restarted. We're going to breach the Billion Ringgit market cap real soon.

Priced at RM 1.72 the market cap has reached RM 930m just RM70m shy away from the RM1 billion mark! Can still be considered one of the best performing under a Billion Ringgit growth contender of the year.

Next year's growth will be ignited & fueled by 2 main catalysts. First catalyst is the new factory for the RTA division after RM 37.5m capex is spent this year on it that boosts new furniture products mainly for Japanese markets & Japan Olympics 2020 with even higher margins. This is being told by MD Yoong. Secondly it's the RM 10.5m capex spent for the new mushroom venture that could bring up to RM 10m revenues in the first year of production which will commence production in Q1 2018 with initial 3 tonnes per day and additional 3 tonnes mushroom production capacity in place as required. So shareholders are being assured that Heveaboard's next year growth will be sustained and improved by these 2 key catalysts.

Beautiful. A solid growth company with progressive upside.

Glad to share and help to get a better understanding on Hevea. Few more weeks to go until Q2 release. Stay tuned.

It's likened to being without first grating and squeezing the coconut meats, you won't be able to obtain the coconut milk & oil for further uses. The same with Heveaboard must maintain its highly profitable core businesses of particleboard & RTA in order to have the wood residues for its mushroom cultivation venture. Please really read everything u can about Heveaboard's businesses/operations & within the industry from any sources that u can find & get a good grasp knowledge on them.

If u don't already know or forgotten that Heveaboard uses of its own wood waste residues as biomass feedstock:

(1) "Currently, about 15% of HeveaBoard’s total wood requirement comes from mobile chipping in rubber plantation. This method has close to 100% recovery rate and will leave no residue for further open burning, thus saving more than 20,000 tonnes of Carbon Dioxide from being emitted into our atmosphere every year."
(2) "Our process heat requirement comes from biomass generation, without the use of fossil fuel."
Source: Heveaboard's AR2016

(3) "He says HeveaBoard produces up to 100 tonnes per day of low-quality raw materials, which are organic compounds that are usually sold to boiler users at a discount."
Source: FocusMalaysia weekly (08-July-2017)

So Heveaboard not only sells the wood waste to boiler users & it uses it 100% for its own heat requirements in its plants but....it finally uses more of that wood waste residues from its 2 main core businesses of particleboard & RTA manufacturing to cultivate gourmet mushroom. This is an obvious & logical choice to derive more revenues & profits from the excess wood residues. Why sell to other boiler users in the country when Heveaboard itself can utilizes the wood residues to earn more revenues & profits? That sounds great to me.

free2invest, to me the first and foremost importance is the business acumen when I review and pick a business to pursue. I see the other skills, methods and techniques taught at schools/academic institutions by good teachers being just nothing more than tools to verify and affirming my beliefs. Hk's LikaShing and China's JackMa both emphasise on education so equip yourself with sound understanding on the things u want to pursue.

LiKaShing in the past mentioned that when he first start & doing the plastic flower manufacturing business, he would read an american magazine named "modern plastics" just to learn the know-hows and to improve his plastic-flowers business. He made his first fortune from that plastic-flower business.

JackMa mentioned about himself that he too also learned in the similar ways about his own business trade of establishing his online marketplace trading platform known as Alibaba today.

What are the similarities that put these 2 men on top of their own games if u notice it? So there is no limitation to oneself even if you're not from the industry or discipline that u are interested in but u must have the passion to learn what is needed and be versatile and flexible.

Thks free2invest. We're all sharing and gaining together. I wish to change my last line to the following:

"...........the only difference is that SYF's furniture-making arm produces non eco-friendly low formaldehyde furniture except that affordable range of Hevea's user DIY RTA furniture. So Hevea and Mieco are not direct competitors."

Patrick13, the Mieco's latest acquisition deal is going to acquire SYF's furniture & boards making arm. Mieco is not making the highest 2 grades of particleboards whereas Hevea is focusing mainly on that highest grades of Super-E0 and E0 with only minimal of E1 still persist. Mieco produces both "plainboards" and "melamine-faced boards" which are still being lower grades and toxic at the same time hence not being eco-friendly products.

Mieco had discontinued its own furniture-making segment since last year end due to being "non-profitable" as told by mentioned in the AR2016. So I don't think they will want to continue SYF's furniture-making arm after the acquisition. The only attraction is SYF's particleboard/MDF arms but I believe they would instill to dominate the particleboard production capacity in the country & hope to diversify with a mixture of MDF from SYF's MDF arm though it's less profitable and with lower margins than particleboard. This is evidently proven with Mieco's own profit margins commanding double-digits from particleboards alone.

With that acquisition, it will increase its particleboard production capacity significantly but this is just volume increase effectively and it may not mean the quality grades. It still depends on their new directions so u can keep a watch on that. They have to even consider future shortage supply of raw materials, in which Hevea is tackling by not investing into a new production line to increase capacity but instead diversifying into other related business segments (mushroom venture) & using new-tech cleaning equipments to to recover more of that suppose to go into wastage raw materials.

The Malaysian government banned exports of rubberwoods effective 01-July-2017 is a boost to short to mid terms but in the longer terms it may pose a rubberwood supply shortage threat to local wood-based product manufacturers. In the long term outlook, the demand will "outstrip" the supply. The wild rubberwood stocks are depleting or almost none to be found so the industry will be looking into the rubberwood plantations & how many acreage of those are available or being planted/replanted concurrently? Most major land acreages still prefer oil palm trees for it being more profitable and less labour intensive than rubberwood plantations. Perhaps the furniture-making industry should be sourcing alternative raw materials or adopting new technologies or creative ways to reduce dependency on bare rubberwood. So it's still "wise" to grow product qualities being offered into the local/export markets & other related segments to sustain future earnings which could command higher profit margins than capacities/volumes alone.

However, I do not like the Mieco's acquisition deal because it will weigh down further on its own balance sheets for another RM 58 millions. Always keep an eye on the balance sheets and not to do over-expanding. If a company does not have a strong balance sheets, when it borrows more during economic downturn and it's going to be very tough to manage and even harder to execute & reap from its turnaround plans and capital expenditures (capex).

Back to the initial discussion, Mieco is not making any furniture currently after its own furniture-making segment cessation since last year end but it "might" be after acquiring the SYF's furniture-making & boards-making arms. Even if Mieco chooses to restart its furniture-making segment, the only difference is that SYF's furniture-making arm produces non-RTA furniture but fully assembled furniture. So Hevea and Mieco are not direct competitors.

Thks free2invest. We're sharing for the benefits of fellow shareholders & those who are interested only. We publish our opinions & findings openly here but we can't choose our audience because this platform is not an exclusive club.

Their points of argument are very weak. Once was stockraider accusing poisonous mushrooms & here comes this godhand accusing Hevea's mushroom venture being "irrelevant". It uses the waste by-products from its 2 main core businesses is pretty "self-explanatory". I'd suggest them to really find some better debate points before barking.

Thks ChartMaster. I don't recall if anything that I posted is misdirecting. Only some irrelevant ppl talking gibberish.

Focus on stocks that u interested and keep an eye on quarterly results. Earnings, profits & rewards to shareholders are everything to shareholders. Understand?

If u hold no shares, better stop barking. We're going to receive another round of dividends while the uptrend continues. Everyday whistling~.....

If u are so not interested with Hevea then what are u doing here? Can answer? Please I'm dying for your answer lol

That is why u don't understand Heveaboard. MD Yoong has reaffirmed in the latest interview that it needs to retain the 2 core businesses and without them the soon-to-be third core business won't be functioning because it utilizes the waste by-products from the first 2 core businesses. You've to interpret the statements well. Where is stockraider? lol

Of course I'm enthusiastic to talk about the new gourmet fungi business because it's the next major catalyst. Back in years ago, who would have thought the turnaround plans were so successful and that new RTA segment had surpassed its main core business of particleboard.

I told naysayers to not underestimate Heveaboard's management. This is a no joke management! For the new gourmet mushroom venture, they announce officially the incorporation of Heveagro on 01-March-2017:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5354825

Then the interview is published on FocusM on 07-July-2017. So in such a short 4 months, it had progressed so much & ready to announce it. Do your homework.

godhand, if u sold out then u are no longer Heveaboard's shareholders. That means u are just waiting to buyback and feeling pain in the ass. Otherwise what are u even doing here? lol

The mushroom venture has yet to contribute to the existing earnings base. It will definitely adds up the values whether u like it or not! Talk to me when u have shares on hand. Don't kacau here. We don't need irrelevant people and voices here. We need people who are interested into Heveaboard only.

Perhaps godhand doesn't understand the word he used "irrelevant":

http://www.dictionary.com/browse/irrelevant

The rally and uptrend is already a testament to one's success in spotting a remarkable investment. From 1.30 to 1.70 has reaped an obvious 30% gains under a short 2 months only.

Both particleboard and RTA will remain as its core businesses with 40% & 60% annual revenues contributions respectively. The new mushroom venture is using the byproducts from that 2 core businesses and still could get very high profit margins. It's okay to be envious so get over it!

I thought rabies outbreak is under control? No? I smell very strong sour vinegar.

Hevea's market cap has reached RM 912 millions. Look at the solid buying 1.66-1.68. You will be surprised that it's into another level already. Between optimism and pessimism, one must differentiate the two.

Power up!

Owning a self-managed website to sell own-branded products is not only practical but should be viewed as a strategic move to establish a good branding image and to boost confidence of existing & potential customers from anywhere else.

I know a few Bursa listed companies which sell directly to consumers via websites too and some even introduced affiliation programmes to boost sales efforts. This is another strategy for Heveaboard to consider.

Just like many of its competitors/peers, Heveaboard's traditional selling "channel" has always been business-to-business (B2B) via third-parties or distributors' networks (hypermarkets, etc.) but it started to sell directly to consumers (B2C) through its own self-managed online e-commerce portal mykreakids for its kids furniture range. I have yet seen its listed competitors doing as such. This is nicely complementing its mainly export driven business models.

You can check out that Heveaboard also listed to sell in Alibaba, Lazada and other online marketplace platforms as well. Since Heveaboard now has its own self-managed online website to sell directly to any consumers, it's sensible and logical to speculate that it can replicate the same online platform to sell any of its "mushrooms" related products in future through online. The King Oyster Mushroom (KOM) mushroom is not limited to being sold as fresh gourmet products but it can be processed into dried products, health foods/supplements and food snacks. All the "processed" food products will have even longer shelf-life and suitable to be exported worldwide. Do u see the potentials now?

Try again. It might be technical glitch sometimes.

divhunter, the link that I shared is active. What links u want?

http://www.mykreakids.com/
https://web.facebook.com/kreakidsmalaysia/

http://www.heveapac.com.my/
http://www.heveaboard.com.my/

Hevea always participate in Homedec exhibitons to promote their eco-friendly low-formaldehyde kids furniture. The next one will be in JB. Check it out here:

https://web.facebook.com/kreakidsmalaysia/photos/a.1672509319685723.1073741828.1671812666422055/1959094521027200/?type=3&theater

wan7075, the Malaysian government stepped in to ban all rubberwood exports in order to fulfill the shortage of this very basic materials for the local furniture industry. This is a good thing for all furniture makers. Any drop in prices of rubberwood will also benefit all particleboard/furniture makers.

Can't deny the take-up rate for Hevea's shares is strong. Happy loading!

You see, I'm already seeing how Heveaboard will be growing and selling the KOM not only for human consumption but also.....as a "Healthy consumable feedstock" for livestock animals such as poultry and the meat industry. This is viable because the KOM's body mass is the largest in its species.

Here are some links specifically on "King oyster mushroom (Pleurotus eryngii)":

http://www.medicalmushrooms.net/pleurotus-eryngii/

https://supplementpolice.com/king-oyster-mushroom/

http://hamakuamushrooms.com/hamakua-mushrooms/health-benefits/

Please read them, very informative particularly on its benefits!

I speculate 2 major steps should/would be taken for Heveaboard's gourmet mushroom segment to leap forward.

Firstly, they not only sell B2B but also B2C through its own online portals & engaging with third-party online marketplace such as Alibaba/Lazada/11street and many others. They have own online portal mykreakids.com to sell its own eco-friendly low-formaldehyde kids furniture so intuitively the mushroom division would follow suits.

Secondly, they should/would strongly promote the King Oyster Mushroom (KOM) as "medicinal" and "health" products be it on everyday consumption products, health supplements & healthy snacks.

Of all the potentials that I could have explored, those few mentioned above could have been the most viable and commercially sound.

Watching Heveaboard's stock price gradually appreciating is as satisfying as observing how the growth of "King oyster mushroom (Pleurotus eryngii)" is outgrowing the dark rooms.

If u don't already know that the "King oyster mushroom (Pleurotus eryngii)" is born to be king! It is the largest species in the oyster mushroom genus.

https://en.wikipedia.org/wiki/Pleurotus_eryngii

Look at the past & current results:
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5095

The upcoming Q2 and Q3 of 2017 quarterly results easily beat the previous ones y-o-y so its stock price will rally definitely.

If Heveaboard does not reach the RM 1 billion ringgit market cap mark, I will resign from all my statements and recommendations. These are the latest outstanding of the mother shares and remaining warrants:

539,536,390 issued shares x RM 1.65 = RM 890,235,043 market cap
28,890,274 issued shares x RM 1.39 = RM 40,157,480 market cap

It will take Hevea's stock price at RM 1.86 a piece to achieve a RM 1 billion ringgit market cap before any further dilution from warrants conversion. HLIB gave a TP at RM 2.19 so that would fetch a RM 1,181,584,694 (1.18 billion) market cap mark.

Since Hevea has already an online portal to sell its eco-friendly kids furniture on www.mykreakids.com, it would be even logical to predict that Heveaboard will establish another online portal to sell its gourmet mushroom products!

Can u guess what's the website name for its gourmet mushroom business? Can sell all mushroom related products online! If u want to gain a lot from this stock, u have to see far ahead. This company's management team is no joke! They are unlike other listed companies. They envisioned the directions and they executed all strategies one by one as charted out successively. A very robust, effective and efficient team that I've ever seen. You've witnessed that how they succeeded the turnaround plans back in years ago and turned it into a net cash company and all its business segments into double-digit profit margins. Always check who's driving the vehicle (company)!

The demand for Hevea's shares is still robust and any profit taking is still being absorbed steadily. This is mainly driven by the bright prospects of the high margin new gourmet mushroom venture and its upgrading capex which further enhancing its existing particleboard and RTA divisions.

All 3 segments are serving the "niche" markets only. Its particleboard division producing mainly the 2 highest grades namely Super-E0 and E0 while it's still producing very minimal grade E1 particleboards. Its KreaKids eco-friendly "low-formaldehyde" kids furniture being sold not only B2B but also B2C through online portal mykreakids.com has prepared the company with an online presence and outreach.

A flashback on the Capex this year amounting to RM 48m:

- RM 20m will be used in the RTA sector to build a new factory and to acquire new machineries for the 7.7 acre industrial land that we had just acquired for RM13.5 million.
- RM 13.5m to pay for the purchase of 7.7 acres land for expansion
- RM 10.5m to build new climate controlled gourmet fungi cultivation facility
- RM 4m will be allocated for further upgrading works for our particleboard sector.

Always remember that not to invest a counter based on its stock price lower than its NTA for safety reasons. It's never a good yardstick if it's not relying on its assets to make money. It really depends on the strategy of a growth-focus company and being assets-light allows the company focus more on key growth areas and improving its forward earnings rather than its NTA. A big bargain of stock price against NTA is useless if the company is not improving. One good example is BAUTO which is also assets-light and how it performed since its IPO days before majority stakes are sold by Vincent Tan to the management team? BAUTO is also a success story similar to Hevea.

There is no point to invest into a company that has all the wonderful everything such as wonderful assets, balance sheets, etc. but the one who's driving the vehicle is incapable. MD Yoong Hau Chun & his team is one of the rare CEO & group who are able to outlined the strategies, executed each of them as promised and delivered the results successfully. Why do I praise them? Simply because they could delivered all the strategies "timely" as said each quarterly/annually while other CEOs are just talk but unable to fully accomplish what they have laid out each fiscal year.

You give a lousy car to a mechanic, he can modify & make it faster. You give a powerful fast car to a non-mechanic, he can only drive that car to as fast only because he could not improve the vehicle technically itself.

The King Oyster Mushroom (KOM) has a large body mass in nature which is very commercially viable. You can see from a China company's website that KOM can be made into dried mushroom products, flavouring and snack products as well so it's not limited to be sold fresh. The non-fresh segment of it is going to boost its future export earnings because it will have long shelf-life. Now do you see what I've been speculating and bought heaps of it during the low price period?

https://www.chinajiatian.com/products-en.html

Hi free2invest, I just sliced them into long stripes, pan-fried each sides (2 rounds of cooking due to sizes) with olive oil then add in garlic, onions and soy/abalone sauces with pinch of brown sugar & pepper. Its texture is similar to that of abalone but it depends on how long u cooked it. If u cook it longer, it tends to be softer and less chewy but it also depends on how liquid is your gravy. I found that it doesn't absorb much liquid compared to other mushrooms maybe its body density is denser. It has a unique mushroomy aroma & taste even when I sniff it raw before cooking it. From my experience, u won't get the essence of its taste until u cook it because I believe the heat on pan will release its real aroma but don't overcook it. The mushrooms alone is very fulfilling the stomach due to its size.

The one I bought is retailed at RM 4.60 per 200gm per box & it's imported from this company:
https://www.chinajiatian.com/home-en.html