You can be very sure that the greatest hope of maintaining equilibrium in the face of any situation rest within yourself.

kc, Thanks and I feel honored at your invitation. In Value investing, it is always important to remember this...

"Wealth is the slave of a wise man but Wealth is the Master of a fool."

Nothing is so firmly believed as that which is least known.

He that is of the opinion money will do everything may well be suspected of doing everything for money

Who is rich? He that is content. Who is that? Nobody.

Warren Buffet said and still says:
Most people got interested in stocks when everyone else is,
The time to get interested in is when no one else is,
You can't buy what is popular and do well.

Many shall be Restored that are now fallen; many shall fall that are now in Honor.
Price is what you pay: Value is what you get.

Will EVERGREEN, the fallen, be restored in due time???
Is EVERGREEN'S VALUE higher than current price you pay for???

Warren Buffet said and still says:

Most people got interested in stocks when everyone else is,
The time to get interested in is when no one else is,
You can't buy what is popular and do well.

Price is what you pay: Value is what you get.

Many shall be Restored that are now fallen; many shall fall that are now in Honor.

He who postpones the hour of living rightly is like the rustic who waits for the river to run out before he crosses

Stock price looks at
- FUTURE EARNINGS, future EPS UP?? or future EPS DOWN??
- Confirmed FUTURE CATALYSTS, not UNCERTAIN FUTURE CATALYSTS

Stock price PREFERS CONFIRMED FUTURE CERTAINTY, NOT FUTURE UNCERTAINTY

STOCK PRICE LOVES GOOD N IMPROVING FUNDAMENTALS, NOT OTHERWISE i.e DETERIORATING FUNDAMENTALS

PAST INFO ALREADY DISCOUNTED IN CURRENT PRICE OF ANY STOCK!! NO IMPACT ON FUTURE STOCK PRICE

Thailand case is cannot get consistent steam at required temperature needed for process. This problem had been solved. Production automation n improvement in production processes will yield cost efficiency n higher gross margins. Another problem is raw material supply n with owning plantation land to plant trees, this will give it a medium term boost

Tasoke, Namun begitu takde subsidi... krjaan untung inpot duty, ekspot duty dan sumbangan dividen dari PETRONAS.

Go Ask Tasoke as import duty of 40 cents /litre is currently taxed by govt on oil companies.
Can u read n understand Bahasa Melayu? It's very clear to me n humbled

Humbled, If government charge GST, import duty has to go. If no charge GST, govt can charge import duty. Now government earns 40 cents/litre .if charge GST only earn GST revenue of 13.80 cents/litre. Understand?

Kerajaan untung lebih import duty kalau harga pasaran crude oil turun lebih. Betulkah tasoke. Namun begitu harga pasaran petrol dan disel kekal

OK Kerajaan nak charge import duty yg lebih dlm masa akn datang.

When GST is levied, it stays. Govt need GST income. Why introduce GST at all ?

When oil price goes down, no more subsidy. Pay market price. If oil price still goes down further charge GST . Keep it short n simple.

Haix, why wait so long till hair turn whitey? Better to have cut out to get sexy vibrant active stocks that make fierce movement n also makes you happy man!!! told u long time back AZRB was tortoise...

nordimohd, Just ask yourself, can EKVE with 50 yrs concession make profits or not? Just look at Silk highway, still bleeding after so many years. If not then profits made through construction will be negated by losses in EKVE.

I did not buy this stock...as oil n gas in my opinion has not reached Holland yet. It is on the way to Holland but belum sampai Holland!!hahahahaha

kk123,
Are you saying that TAS price cannot get cheaper and cheaper ??

Are you saying it cannot get cheaper and cheaper?

andyhard,
I am confident that with the investments made to transform its biz model to own plantation land and become a quality but cost efficient producer, it will turnaround as its gross margins now will be higher than its past margins.
Whatever the industry situation is, the cost competitive but quality producer with thrive. Other high cost producers will be weeded out by competition.

kk123,
Is TAS business margins getting better or getting worse? If it is getting worse, how worse can it get before it stabilize? Let crude oil price stabilize lah..

kk123,
The U.S. shale revolution has driven oil output to the highest in more than three decades, reducing America’s need for overseas purchases and sinking global prices into a bear market. The U.S. Commerce Department in June opened the door to more U.S. oil exports and US will export more and more.

This is the beginning of the bear. Its not over yet . It is just a technical rebound but US shale oil output will continue to grow due to massive investments over the past years. Libya has not reached peak production as yet. Brazil has discovered new deep water Libra field. Indonesia will embark on CBM Gas...etc. Saudi need to earn Oil money and does not want to lose market share...

In short... supply is growing faster than demand which is good for global economic recovery but not for Oil & Gas industry as it will continue to face price pressures for a while. The premium rates for OSVs in Malaysia was a PAST DREAM. There is oversupply of OSVs now. New negotiated rates will be much lower but OSV maintenance cost will only increase...so net OSV margins will be lower with lower EPS. Lower EPS means lower share price!!

andyhard,
Management aimed to turnaround by Q3 2014.
EVERGREEN management has vastly improved its biz model which gives it cost efficiency and it can now produce consistent high quality products as opposed to inconsistent quality in the past...the management had transformed its biz model to be more resilient, cost efficient and quality producer and in future it will have steady raw material supply with its investment in plantation land.

It old biz model had been transformed into a new high quality but cost competitive producer which will give it higher gross margins relative to its past margins. You can wait for the Q3 results due in end November 2014 to ascertain whether this is the case if you are not confident.

kk123, Oil & Gas companies in process of going HOLLAND now...belum sampai HOLLAND lagi.... what will be price be when Crude Oil prices hits USD 75, go lower to USD 70 then go below USD 70 next year....

Buy and Hold or Wait and Buy cheaper???....hahahahaha

I focus on potential "TURNAROUND Malaysian Stocks" that has at least regional presence if not global presence. EVERGREEN is a stock to invest in as its price had bombed out over the past years. So price downside is limited. EVERGREEN Management had aimed to turnaround by Q3 2014. Its Q3 results will be out by end November 2014. Its price had already resumed its uptrend this week. If sustained turnaround materializes, PRICE UPSIDE WILL BE VERY SIGNIFICANT!!

Its biz model had been enhanced significantly over the past years as EVERGREEN Management have
-invested in automation of equipment n improved production processes that cut cost and improve gross margins making it very cost competitive against its regional peers
- invested significantly on maintenance upgrades to ensure production of consistent n high quality products and with its consistent quality and reasonable prices it will get the business
-invested in plantation land to cultivate trees for their raw material feedstock which in future will ensure consistent uninterrupted raw material supply
-despite the losses, the company had churned out good positive operational cash flows

Its biz model is no longer the same as before. It is a much improved and empowered biz model which will empower EVERGREEN to deliver quality products, minimize production downtime thus earning higher profits, higher sales. With this empowered business model it can easily surpass its previous price high.

Please do check out EVERGREEN and please make your own investment decision. I have invested fully around these price levels and I am looking at least doubling or tripling of its current price by end 2015.

I focus on potential "TURNAROUND Malaysian Stocks" that has at least regional presence if not global presence. EVERGREEN is a stock to invest in as its price had bombed out over the past years. So price downside is limited. EVERGREEN Management had aimed to turnaround by Q3 2014. Its Q3 results will be out by end November 2014. Its price had already resumed its uptrend this week. If sustained turnaround materializes, PRICE UPSIDE WILL BE VERY SIGNIFICANT!!

Its biz model had been enhanced significantly over the past years as EVERGREEN Management have
-invested in automation of equipment n improved production processes that cut cost and improve gross margins making it very cost competitive against its regional peers
- invested significantly on maintenance upgrades to ensure production of consistent n high quality products and with its consistent quality and reasonable prices it will get the business
-invested in plantation land to cultivate trees for their raw material feedstock which in future will ensure consistent uninterrupted raw material supply
-despite the losses, the company had churned out good positive operational cash flows

Its biz model is no longer the same as before. It is a much improved and empowered biz model which will empower EVERGREEN to deliver quality products, minimize production downtime thus earning higher profits, higher sales. With this empowered business model it can easily surpass its previous price high.

Please do check out EVERGREEN and please make your own investment decision. I have invested fully around these price levels and I am looking at least doubling or tripling of its current price by end 2015.

CATALYST 1) IMPROVING EBIT, NAV, NTA, DEBT REDUCTION
CATALYST 2) GLOBAL ONLINE CASINO BETTING NEW BIZ
CATALUST 3) POTENTIAL RESORTS CUM CASINOS IN MALAYSIA, S KOREA, JAPAN, VIETNAM ELSEWHERE

Price already BOMBED OUT. Now consolidating with upside bias.
Price has partially factored in Catalyst 1) but
PRICE HAS NOT FACTORED IN CATALYST 2) & 3)

I focus on potential "TURNAROUND Malaysian Stocks" that has at least regional presence if not global presence. EVERGREEN is a stock to invest in as its price had bombed out over the past years. So price downside is limited. EVERGREEN Management had aimed to turnaround by Q3 2014. Its Q3 results will be out by end November 2014. Its price had already resumed its uptrend this week. If sustained turnaround materializes, PRICE UPSIDE WILL BE VERY SIGNIFICANT!!

Its biz model had been enhanced significantly over the past years as EVERGREEN Management have
-invested in automation of equipment n improved production processes that cut cost and improve gross margins making it very cost competitive against its regional peers
- invested significantly on maintenance upgrades to ensure production of consistent n high quality products and with its consistent quality and reasonable prices it will get the business
-invested in plantation land to cultivate trees for their raw material feedstock which in future will ensure consistent uninterrupted raw material supply
-despite the losses, the company had churned out good positive operational cash flows

Its biz model is no longer the same as before. It is a much improved and empowered biz model which will empower EVERGREEN to deliver quality products, minimize production downtime thus earning higher profits, higher sales. With this empowered business model it can easily surpass its previous price high.

Please do check out EVERGREEN and please make your own investment decision. I have invested fully around these price levels and I am looking at least doubling or tripling of its current price by end 2015.

Pavillion,
For the time being I manage my own funds. Let TTB enjoy the limelight
I focus on potential "TURNAROUND Malaysian Stocks" that has at least regional presence if not global presence. I am willing to share with you guys/gals as when I come across a Gem stock. For the time being EVERGREEN is a stock to invest in as its price had bombed out over the past years. So price downside is limited. EVERGREEN Management had aimed to turnaround by Q3 2014. Its Q3 results will be out by end November 2014. Its price had already resumed its uptrend this week. If sustained turnaround materializes, PRICE UPSIDE WILL BE VERY SIGNIFICANT!!

Its biz model had been enhanced significantly over the past years as EVERGREEN Management have
-invested in automation of equipment n improved production processes that cut cost and improve gross margins making it very cost competitive against its regional peers
- invested significantly on maintenance upgrades to ensure production of consistent n high quality products and with its consistent quality and reasonable prices it will get the business
-invested in plantation land to cultivate trees for their raw material feedstock which in future will ensure consistent uninterrupted raw material supply
-despite the losses, the company had churned out good positive operational cash flows

Its biz model is no longer the same as before. It is a much improved and empowered biz model which will empower EVERGREEN to deliver quality products, minimize production downtime thus earning higher profits, higher sales. With this empowered business model it can easily surpass its previous price high.

Please do check out EVERGREEN and please make your own investment decision. I have invested fully around these price levels and I am looking at least doubling or tripling of its current price by end 2015.

Hmmm...hmmm....there is something I also see......a name I see in the far distance.....a name called ...sish.... name not clear....oh yes...can see it now...its called EVERGREEN....wooooooo I like word evergreen...so pleasant...so nice...wooooooo........I am hearing a faint voice now....hmmm...what is it...hmmm......what is it.....the distant voice is telling me.........but can't catch it...hmm what is it???

Oh yes.....the distant voice has just told me........EVERGREEN has finally reversed years of losses.......is now a TURNAROUND STOCK.....YES IS NOW A TURNAROUND STOCK!!!!!. Downside limited.......Upside limitless!!!!!!!!........Price starting to trend higher now as it moves nearer towards its Q3 result in November anticipating better result......woooooooo....EVERGREEN....so evergreen....so pleasant....so nice....so relaxing.....woooooooo...

Hmmm...hmmm....there is something I also see......a name I see in the far distance.....a name called ...sish.... name not clear....oh yes...can see it now...its called EVERGREEN....wooooooo I like word evergreen...so pleasant...so nice...wooooooo........I am hearing a faint voice now....hmmm...what is it...hmmm......what is it.....the distant voice is telling me.........but can't catch it...hmm what is it???

Oh yes.....the distant voice has just told me........EVERGREEN has finally reversed years of losses.......is now a TURNAROUND STOCK.....YES IS NOW A TURNAROUND STOCK!!!!!. Downside limited.......Upside limitless!!!!!!!!........Price starting to trend higher now as it moves nearer towards its Q3 result in November anticipating better result......woooooooo....EVERGREEN....so evergreen....so pleasant....so nice....so relaxing.....woooooooo...

Hmmm...hmmm....there is something I also see......a name I see in the far distance.....a name called ...sish.... name not clear....oh yes...can see it now...its called EVERGREEN....wooooooo I like word evergreen...so pleasant...so nice...wooooooo........I am hearing a faint voice now....hmmm...what is it...hmmm......what is it.....the distant voice is telling me.........but can't catch it...hmm what is it???

Oh yes.....the distant voice has just told me........EVERGREEN has finally reversed years of losses.......is now a TURNAROUND STOCK.....YES IS NOW A TURNAROUND STOCK!!!!!. Downside limited.......Upside limitless!!!!!!!!........Price starting to trend higher now as it moves nearer towards its Q3 result in November anticipating better result......woooooooo....EVERGREEN....so evergreen....so pleasant....so nice....so relaxing.....woooooooo...

Hmmm...hmmm....there is something I also see......a name I see in the far distance.....a name called ...sish.... name not clear....oh yes...can see it now...its called EVERGREEN....wooooooo I like word evergreen...so pleasant...so nice...wooooooo........I am hearing a faint voice now....hmmm...what is it...hmmm......what is it.....the distant voice is telling me.........but can't catch it...hmm what is it???

Oh yes.....the distant voice has just told me........EVERGREEN has finally reversed years of losses.......is now a TURNAROUND STOCK.....YES IS NOW A TURNAROUND STOCK!!!!!. Downside limited.......Upside limitless!!!!!!!!........Price starting to trend higher now as it moves nearer towards its Q3 result in November anticipating better result......woooooooo....EVERGREEN....so evergreen....so pleasant....so nice....so relaxing.....woooooooo...

hmmm....I have a dream...BJCORP new ONLINE CASINO BETTING biz takes off!!!
BJCORP price@ RM20.00 !!!!! MOLG listing was the first step...Digital Wallet is the second step...SOLID FOUNDATIONS FOR BJCORP IS BEING BUILT!!

BJCORP ONLINE CASINO BETTING..NO NEED TO FLY ANYMORE OR TRAVEL TO CASINO...JUST CLICK AND YOU ARE IN ONLINE.....ANYONE WITH DIGITAL WALLET CAN PLAY!!!

hmmm...I have a dream...BJCORP new GLOBAL ONLINE CASINO BETTING biz takes off!!! BJCORP price @ RM 20.00...MOLG listing was the first step...digital wallet is second step ...solid foundations for GLOBAL ONLINE CASINO BETTING is being built!!

BJCORP ONLINE CASINO BETTING...NO NEED TO FLY, TRAVEL TO CASINO..JUST CLICK & YOU ARE IN ONLINE!!! ANYONE WITH DIGITAL WALLET CAN PLAY!!!

hmmm...I have a dream...BJCORP new GLOBAL ONLINE CASINO BETTING biz takes off!!! BJCORP price @ RM 20.00...MOLG listing was the first step...digital wallet is second step ...solid foundations for GLOBAL ONLINE CASINO BETTING is being built!!

BJCORP ONLINE CASINO BETTING...NO NEED TO FLY, TRAVEL TO CASINO..JUST CLICK & YOU ARE IN ONLINE!!! ANYONE WITH DIGITAL WALLET CAN PLAY!!!

hmmm...I have a dream...BJCORP new GLOBAL ONLINE CASINO BETTING biz takes off!!! BJCORP price @ RM 20.00...MOLG listing was the first step...digital wallet is second step ...solid foundations for GLOBAL ONLINE CASINO BETTING is being built!!

BJCORP ONLINE CASINO BETTING...NO NEED TO FLY, TRAVEL TO CASINO..JUST CLICK & YOU ARE IN ONLINE!!! ANYONE WITH DIGITAL WALLET CAN PLAY!!!

hmmm...I have a dream...BJCORP new GLOBAL ONLINE CASINO BETTING biz takes off!!! BJCORP price @ RM 20.00...MOLG listing was the first step...digital wallet is second step ...solid foundations for GLOBAL ONLINE CASINO BETTING is being built!!

BJCORP ONLINE CASINO BETTING...NO NEED TO FLY, TRAVEL TO CASINO..JUST CLICK & YOU ARE IN ONLINE!!! ANYONE WITH DIGITAL WALLET CAN PLAY!!!

Ka55, Interest rate will not go up for a while as the deflationary pressures in Europe is very real. QE just ended in US but going to start in Europe. ECB eventually will QE aggressively to avoid massive bankruptcy in main European countries. So Euro will deprecate n go outside to seek higher returns in US bonds n elsewhere that gives higher returns.The low oil prices worldwide will continue for a while longer n this is another form of QE. The depreciated Euro will help main European economies to recover.With low oil prices China, India n other economies will grow n Malaysia will derive some benefits.

As any future credit tightening measures by FED will impact on liquidity n on stock prices the main focus is to monitor closely on potential future interest rise, when n how much. At moment it's business as usual and hopefully up to next October in 2015.

kahhoeng,
The management runs the biz and they know what to do. I will give the benefit of the doubt to the management. We don't run the biz. We are just investors and we will monitor its improvement in fundamentals and see how far will the improvement go. Moreover there is the casino catalyst factors (Korea, Japan and Malaysia) which potentially will give it good positive cash flow in future. I don't know about you, I wont be bothered to look at prices on a daily basis as I am not a trader and I don't have time to do so. I will focus more on the quarterly reports and future news that has an impact on its fundamental, whether its positive or negative.

I invest in this stock despite the VT intangible factor because
- Its stock price had down trended for 3 solid years, had bombed out and going side ways now with slight upside bias
- its financial fundamentals started to improve since the last quarterly report
- there are potential future casino catalysts(Korea, Japan, Malaysia) that will contribute future positive cashflows

kahhoeng, The driver of its future share price performance must be improving earnings that lead to improving EPS, debt reduction, improving NAV, NTA and ultimately this will be reflected in the market price of its shares. The fundamental started to improve last quarter. Lets see Q3 & Q4 results. At this price level, your upside gain will be much more than downside risks. There are two turnaround stocks that I have invested in and they are AWC and EVERGREEN. Now is a good time to go into these two stocks besides BJCORP. To give respect in this forum, it is polite to go direct to the respective stock forum. Meanwhile please have a look at these 2 stocks if you r keen.

This is already a bombed out stock. Where is the downside risk at current price? Does this stock has upside gain? The upside gain is determined by its improving fundamentals. So what do you need to focus on?

Just focus on whether the fundamentals is worsening or improving. If the fundamentals improve and can improve further, you need not worry and you can long the stock unless you are an avid trader, punter or swing trader. As fundamentals improve further its share price will follow in tandem.

The management had openly stated that the results at 30/4/2015 will be GOOD in their last quarter management report. If the fundamentals further improve , there is a very high likelihood that you will not see current price level by 30/4/2015.

One should be fully invested in good fundamental and undervalued stocks that has very high margin of safety and not stocks that has too much expectations built in with little or negative margin of safety.

ka55,
Please be informed that the European economy is just as big as the USA economy. Infact both are equally as big and influential.Once Europe QE aggressively like what FED of USA did in 2009 onward, the Euro will weaken to say 1.15 or parity with USD. European funds will flow out. Majority will go to US to buy US bonds(safe heaven currency as US balance of payments is improving fast due to own oil production and gas exports plus appreciating USD vs Euro) and some will go to emerging markets which offer higher returns on investment.

European Funds will seek higher returns than what they can get in Europe.

kcchongnz, thanks for your good response and I appreciate it very much. I agree with you that the most important info for the owner of the business and the banker as well is whether the cashflow generated can be consistent in paying off the interest and principal sum over a certain time period.

THE BULL KILLS THE BEAR
Although there is current uncertainty, gloom and perhaps pockets of doom, the stock market is already looking ahead to a global economic turnaround. Crude oil prices had receded to USD 80/barrel and maybe lower in 2015. This is good for global economic growth overall although the oil exporting countries may not be earning as much as they would have liked with oil prices above USD 100/barrel.

Although the FED had stopped QE, Europe had started to QE aggressively and that means global liquidity is not impacted much. The world will be in a benign interest rate environment for 2015 and that is good for stocks.

The Euro will weaken against USD and this will help the European exporting nations particularly Germany and this augurs well for future turnaround in European economies. European funds will flow out as Euro weakens to say 1.15 or parity with USD and some European funds will invest in emerging market equities.

The USA and maybe Europe will likely embark on infrastructure investment to replace its decaying infrastructure that it currently has. This will be the catalyst to spark a global demand for commodities.

The bull market will kickoff in late November 2014 as ECB decides on aggressive QE and the rally will continue with intermittent correction. What one ought to look out for is any credit tightening measures the FED in USA may take in the future which will have a knock on effect on the rest of the world. I do not see this happening for good part of 2015. Anyway the FED will give ample warnings before doing so.

One should be fully invested in stocks now rather than worry about another possible corrections which had just happened in first two weeks of October 2014.