U stir up wherever I go so this is what u get loh. Gentleman manners u don't want mah so play backhand tennis loh.

U and ur wife started to bark in HEVEA so backhand return the balls loh

U can see his lover in other threads

This stockraider talks cocks only pandailah! Argue with him anything, he will always talk sideways. Kiasu person.

What else u want to say? U just frustrated with Evergreen falling every weeks. Did u ask ur wife Dolly_chai to defend u again?

Everbody, stockraider will have his wife Dolly_chai stick around so that she can defend him.

stockraider, u losing in Evergreen loh. Apa lu mau cakap banyk? LOL

Eh....stockraider, didn't u talked about history also always in the past? Now u refrain from talking about history? Apa macam? LOL

Just look at the link below:
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5101

It suspended in giving dividends after year 2012. 3 years without dividends. How do shareholders survive that? Don't continue ur lies anymore.

Stockraider, that Dolly is ur wife, is it? No wonder keep defending u relentlessly. U both must be stuck in it badly. My advice to u both is that there is no point holding to this stock if it doesn't give out dividends.

Evergreen is not generous with dividends as well. The last time was in 2012. In 2016 just RM 0.01 sen div. U wait for it to rebound? It is a losing end.

So Hevea's price from 1.15 to 1.58, still not performed well? And Evergreen's price 0.93 to 1.01 is performing better? Wow! stockraider is still cheating even himself.

I won't repeat what I said. U can check back my past comments. In fact, I've not talked only debts but other aspects as well.

Dolly zai, be careful when I reveal surprising facts about Evergreen and u should have thanked me for that.

LOL...Does Hevea not performed? How does Evergreen performing? Should call it Everred

Using NTA alone to value a stock is just bare wrong. U can see it yourself on many other stocks that their share price are even multiples of their NTA.

Provided u a list of related stocks previously and everyone can see that Evergreen is indeed an underperforming share. Why is that so? I've highlighted many times in the past and people can check back from my previous postings. I've hand-picked HEVEA and HOMERIZ because these 2 are in solid financial standing with lots of readily available cash on hand for futher utilization. Look at the share price of those companies as proof.

2 of these jokers are heavenly paired together or having split personality disorder. LOL

Provided u a list of related stocks previously and everyone can see that Evergreen is indeed an underperforming share. Why is that so? I've highlighted many times in the past and people can check back from my previous postings. I've hand-picked HEVEA and HOMERIZ because these 2 are in solid financial standing with lots of readily available cash on hand for futher utilization. Look at the share price of those companies as proof.

2 of these jokers are heavenly paired together or having split personality disorder. LOL

Hevea is in the strongest position among all related stocks. Just using cash on hand RM 109,790,000 also can settle entire total liabilities of RM 66,513,000.

Result is RM 43,277,000 on hand. Still can loan it to Evergreen to make money. LOL

My Mieco is in the second strongest position with RM 39,346,000. That is why my picks are still Big Winners! Look at those share prices.

Evergreen does not have new machines yet. It relies heavily 80% revenues just from MDF segment. If MDF pricing flopped then u can kiss it goodbye. It's also not high profit margin segment like RTA and Particleboard.

Evergreen has efficient cost of production?? Look below for annualized profit margins:

EVERGREEN
2012: 3.2%
2013: -4.5%
2014: 0%
2015: 9.1%
2016: 7.3%

HEVEA
2012: 4.1% (Hevea's RTA segment started operation in early of 2012)
2013: 5.7% (Continuation of CAPEX throughout the year for more automation for RTA)
2014: 7.2%
2015: 14.7%
2016: 13.3%

Aiya stockraider, I told u to buy HEVEA mah. Look where is HEVEA now? It's trending upward only. Why buy debt-ridden Evergreen leh? Evergreen is like 1MDB mah...with huge debts of RM 216.585 millions.

U shout to support also no use loh because it is following trend down. Borrow 200 millions, how much interest to pay banks? Only the interest payback to banks also can buy factory/land. Business profit sliding down for 5 quarters consecutively still not clear? That is the clear reason why it's share price going down. Have not even mention it only relies 1 product that is MDF as it's rice bowl at 80% contributions mah.

Don't panic stockraider. Trying hard to support the price won't justify what u believe in. In the end, u will realize it.

If HEVEA overvalue then how come it keep going up leh? Wah...look at the flying colours:

EVERGREEN
P/E Normalized: 8.798
ROIC: 9.408%
EPS GROWTH RATE: -3.41%
NET PROFIT MARGIN: 9.294%

HEVEA
P/E Normalized: 11.209
ROIC: 21.282%
EPS GROWTH RATE: 13.803%
NET PROFIT MARGIN: 14.617%


Below as indicated are the round-up of EVERGREEN and HEVEA profit margin:

EVERGREEN
2012: 3.2%
2013: -4.5%
2014: 0%
2015: 9.1%
2016: 7.3%

HEVEA
2012: 4.1% (Hevea's RTA segment started operation in early of 2012)
2013: 5.7% (Continuation of CAPEX throughout the year for more automation for RTA)
2014: 7.2%
2015: 14.7%
2016: 13.3%

Aiya....

Companies with lots of cash..how to bankrupt leh?

Companies with high-debts not likely to bankrupt meh? LOL

AGAIN! House is an appreciating assets and banks welcome it as good collateral. What appreciating assets does Evergreen have?

HELLO! Evergreen's own 80% revenues are derived from MDF alone (over-reliant on ONE product segment). Need more explanation?

stockraider, u choose to ignore the fact now for what? HEVEA's share price has been trading upward from 1.10 to 1.58

While Evergreen's share price has been trading range-bound and trending downward from 0.90 to 1.10 then flopped back down to 0.90 and now.

All other wood/furniture-related stocks have none or with total borrowings of under RM 100 millions. Only Evergreen has this giant amount of debts of RM 216.585 millions

Just look at HEVEA, HOMERIZ, FLBHD, LATITUDE, LIIHEN. All of these stocks have risen substantially and they are with none or minimal borrowings and with lots of cash on hand.

If this is a good stock, it would have gone up even in the past few weeks where most exporter stocks with good fundamental had risen a lot BUT Evergreen failed because just as I told u that it is over-leveraged with high cost of borrowings which is associated with HIGH RISKS during uncertain economic climate.

Stockraider? A Sifu or Sifut?

Serves u right, Dolly zai. LOL

Stockraider? A Sifu or Sifut?

Failed to take-off. U can continue to cheat yourself. Haha!

Compare...

EVERGREEN
P/E Normalized: 8.798
ROIC: 9.408%
EPS GROWTH RATE: -3.41%
NET PROFIT MARGIN: 9.294%


HEVEA
P/E Normalized: 11.209
ROIC: 21.282%
EPS GROWTH RATE: 13.803%
NET PROFIT MARGIN: 14.617%


Below as indicated are the round-up of EVERGREEN and HEVEA profit margin:

EVERGREEN
2012: 3.2%
2013: -4.5%
2014: 0%
2015: 9.1%
2016: 7.3%


HEVEA
2012: 4.1% (Hevea's RTA segment started operation in early of 2012)
2013: 5.7% (Continuation of CAPEX throughout the year for more automation for RTA)
2014: 7.2%
2015: 14.7%
2016: 13.3%



Latest recorded revenues by segments of both companies:

EVERGREEN
Medium density fibreboard (MDF): 80% of revenues contribution
Value-added MDF: 15% of revenues contribution
Ready-to-Assemble (RTA): 5% of revenues contribution

HEVEA
Particleboard: 40% of revenues contribution
Ready-to-Assemble (RTA): 60% of revenues contribution



Hevea's latest quarter report announced on 22 Nov 2016.
CASH AND BANK BALANCES 109,790,000
LONG TERM BORROWINGS 6,947,000
SHORT-TERM BORROWINGS 8,164,000
Total debts: 15,111,000
Cash - Total Borrowings = 94,679,000 (*NET CASH POSITION)
No. of shares in circulation: 500,851,890 shares
94,679,000(Net cash) / 500,851,890 shares = *Worth RM (0.189) net cash a piece


Evergreen's latest quarter report announced on 28 Nov 2016.
CASH AND BANK BALANCES 141,018,000
LONG TERM BORROWINGS 108,952,000
SHORT-TERM BORROWINGS 107,633,000
Total debts: 216,585,000
Cash - Total Borrowings = -75,567,000 (*NET DEBTS POSITION)
No. of shares in circulation: 846,423,985 shares
-75,567,000(Net debts) / 846,423,985 shares = *Worth approx. RM (-0.089) per share

Here u compare it:

INDIVIDUAL QUARTER 3 MONTHS ENDED (*Just 1 quarter)
EVERGREEN Net profit after taxation: 15,692,000
HEVEA Net profit after taxation: 17,233,000
*HEVEA has RM 1,541,000 more net profit after taxes for "latest quarter"

CUMULATIVE QUARTER 9 MONTHS ENDED (*Just 3 quarters combined)
EVERGREEN Net profit after taxation: 51,691,000
HEVEA Net profit after taxation: 52,662,000
*HEVEA has RM 971,000 more net profit after taxes for that "previous 3 quarters combined".

Important ikan bilis make money. Who cares.

Aiya..Evergreen is...Failure to launch..LOL

Dolly zai, Homeriz is not suitable for u lah. Go hug ur Evergreen loh!

Someone said here before that director sold and we must sell. I rubbish him off & state my reasons. So what happens to Homeriz now? It gone sky high. Look below:

Homeriz has NO borrowings from banks at all but holding strong 57m cash on hand! It generates 5m-9m net profits each quarter consistently! BUY!
27/12/2016 09:17

Buy loh Evergreen cheap mah. Buy now loh.

Dolly and stockraider are stuck in Evergreen again. Other people already made so much money in Hevea, Homeriz, Latitude, Liihen...u still laying eggs here? LOL

Told u to abandon ship and join those cash rich companies. This is again proven. See now?

sleepybryan, good one!

Loser stockraider said Hevea overvalue so where is Hevea's price heading now? And where is Evergreen heading? He wants to act sifu but failed. So best just diam loh

Both Dolly_chai and iloveshare128 can go eat dirt now. Proven that companies holding strong cash balance are winning while those over-borrowed debts are trending down just like Evergreen.

Both Dolly_chai and iloveshare128 can go eat dirt now. Proven that companies holding strong cash balance are winning while those over-borrowed debts are trending down just like Evergreen.

At least someone knows what should be done. Smart!

Cup wat? All rubbish. Strong contender like Hevea only need to add. Just as I said always, the share price is a reflection of it's fundamental.

Bravo! Need rest then back on track again