Hentam Evergreen meh hentam loh....no need give u face lah. Queue to buy lah if u dare. Sailang loh...I'm waiting!

Evergreen collapsed still a myth meh?

Where is idiot Dolly? Why disappeared? Don't use different ID lah. Why so coward. LOL

hankc so did u have the same! Surely u bought & hope it goes up to make few cents. LOL

LOL Evergreen5101, just keep on your words to call yourself that when they announce. I've given u hints on why the heavy selldown for past few days. Ur heart will SINK when u see it yourself soon.

hankc, yes... but of all things well said by optimists like yourself & the others, do u REALLY admit that the cash is enough to fund Evergreen's so many operations and agenda? CAPEX, starting RTA business, among others. Needless to dig into extreme details also u can see the company is in need of more money. To keep existing shareholders to keep invested & not abandoned it, the company needs to at least give out dividends. Money also not enough to do just that.

It is obvious that fund raising will be called. Evergreen is basically get pass by each quarters through cashflow money. Can the company maintain the profit margins going forward?

I see this stock is OVERRATED and OVERVALUED.

Foundpac's NTA is just (0.117) and its share price is 0.73 now. That is 6.24x OVERVALUED

Ok so VCBL and kkanagasg, u both why buy FPGroup?

Hamyue just talk cocks. He dares not take the challenge for real.

Why are u talking cocks here? Write down ur lawyer tel number and ur name. I'm waiting.

If not enough money to spend then how to pay dividends, CAPEX and to make the new RTA business to work, it needs money to do just that. Where do u think Evergreen gets money from? Definitely raising money!

Talk less, do more & watch

Once 0.73 filled....

Mark down. Deal set!

Posted by saltedfish > Mar 7, 2017 03:28 PM | Report Abuse

If I lose to you, not only will I surrender my ID but I do one step better than you offered - I will ban myself in i3 permanently. Good?

Now don't talk so much non-sense (I'm working la kind of crap), get your lawyer's tel number here and I will call him to make the draft on our betting then I will post for everyone in i3 to see. Of course if your parents allowed you to take this bet with me, I will bank in the $50,000 to the lawyer immediately. And I expect you to do likewise

USD 50k = RM 222,500 (4.45 x-change rate)

I accept cheque, TT or cash.

Don't worry. All recorded here & any lawyers can view it. Just don't chickened-out and keep ur words.

If I want to hentam it, I will do it to the fullest.

Answer is fund raising exercise! If rights issues then share price will sink! don't know how they will set the subscription price.

Deal or not? Surrender ur pwd of ur ID?

It is widely known that Evergreen spends roughly RM 30m+ annually on CAPEX. Now with RM 205,257,000 debt borrowings and limited cash RM 160,308,000
& still with hefty current payables of RM 61,927,000 and RM 87,594,000. How do u think they can make the new RTA venture works with limited money to spend?

Won't have dividends this year either. How do the numbers add up?

What's the use of holding Evergreen shares now? FUND RAISING exercise is coming. U just worry how they choose:

1) Private placements
2) Rights issues
3) Bank borrowings

Either ways, share price will SINK FURTHER

i3 forum is flooded with idiots who bragged just like saltedfish. It's time he get his lessons.

Evergreen5101@FreeAsABird, look at urself in the mirror first. There is always consequences with ur bad behaviours and actions in the first place.

Talk big? Where is Evergreen's price today? U don't know what is coming then u better quiet and wait for announcement. U are trapped bird. LOL

Don't chickened-out Mr Hamyue. Surrender ur ID password to me when u lose later. Deal??

I keep my words as promised. If u lose, u have to surrender your saltedfish ID and password to me. Deal?

Hamyue doesn't know his enemy. LOL

My deal is on! Who lose better admit later. I'm WORKING now

After this fall, FPGroup will be next fall. Hamyue needs to see some colours over there. LOL

Afternoon session...pressing loh

Deal on!

Good! Make sure u have enough fund to push as hard. I prefer USD 50k that's if u can agree.

Still not enuf? Bank acc full already.

How much can u afford on this bet?

All also want to sell their shares. How to go up? Insider-related parties dumping big chunks for days.

Oops some losers got big number of shares to be forced sell tomorrow. Don't talk too loud. Sure fall hard ending today/tomorrow. LOL

LOL...hamyue no face because trending down. U won't be laughing anymore.. FPG will fall from here. Dare to bet?

OVERRATED and OVERVALUED

These half-truths talker are going to crash down. I've told u yesterday that your heart will SINK when they announce the fund-raising exercises because Evergreen doesn't have enough money to do CAPEX anymore.

Evergreen either choose to raise more money through:
1) Private placements
2) Rights issues
3) Bank borrowings

Its total borrowings stood at RM 205,257,000. If borrow more loans from banks will increase more debts which will make balance sheets uglier.

Both private placements and rights issues will have dilution effects. If private placements is used, it will be not fair for existing shareholders.

Whether which option to be chosen, it will be very damaging for Evergreen. Option 1 and 2 will dilute your shareholdings in the company and EPS per qtr can be REDUCED substantially.

Most shareholders and investors do not want to fork out more money to subscribe the rights issues due to the weak stock price performance.

Share price collapsed and collapsing further. Stockraider is trapped heavily. When they announce fund-raising later for MORE CAPEX because going to venture into RTA, share price will collapse very deep.

I've proven correct and next u will see the fund-raising exercises loh. U wanna bet with me?

How do I know whether they WILL DO RIGHTS ISSUES? Ha ha!!

U see that Evergreen is buying the remaining shares of “CMTPSB” to venture into RTA. Dolly still argued with me. I've known it long ago. The public can see whether I've bluff since the beginning.

I tell u now that the share price collapsed for REASONS which u better be prepared & ready for a further collapse because when they announce the FUND-RAISING CORPORATE EXERCISES to ask shareholders for more money rather than borrow more money from BANKS then u can expect DILUTION EFFECTS on your SHAREHOLDINGS in Evergreen.

Stock price collapsed for a reason. RIGHTS ISSUES is next! Why am I saying so? Just glance through the balance sheets and u will know Evergreen doesn't have enough cash to do expansion & new venture in RTA.

It will raise more money from shareholders/private placements and NOT MORE BORROWINGS because it will have too much debts out of control. Both Private placements & rights issues will have DILUTION EFFECTS. Investors and shareholders are dumping Evergreen shares like crazy!! Do u not see what I've warned u long ago?

Evergreen has spent on CAPEX for years but profit margins NEVER reach double-digit growth in percentage annually. That shows how ineffective the CAPEX spent.

I have a strong feeling that if it doesn't use private placements/ rights issues then raising more debts through bank loans will even SEND THE SHARE PRICE LOWER (COLLAPSE)! BEWARE!

Evergreen amassed massive debts of RM 205,257,000 not even netcash. How do u compare it with Hevea? LOL

Look what Evergreen is doing latest. Dolly keeps saying Evergreen is not a furniture maker. Really deserve a slap on his own face. LOL

Losers recycling ID talk cocks. Collapsed already mah. LOL

This OVERRATED and OVERVALUED stock also u dare? Lose till naked later then u knw. LOL

The hamyue is a typical loser only comes out when up. Which cave did u hide yesterday? Cook ur own hamyue kah? LOL

No use write some figures and expect people to believe loh. Anyone can do that here. More credible is if u can tell if the stock price move up or COLLAPSE. That is more credible mah. Ha ha!!

Everyone can spot undervalue stocks instantly by looking at the metrics loh. No need magic formula. Difference is the intrinsic values that appeal to buyers. What does Evergreen offers? Nothing exciting really except that MASSIVE DEBTS.

Cash enough? Just living-off with the cash-flow to get by each quarters. That is why depressing loh.