HEVEABOARD BHD

KLSE (MYR): HEVEA (5095)

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Last Price

0.27

Today's Change

-0.01 (3.57%)

Day's Change

0.27 - 0.27

Trading Volume

4,900


38 people like this.

29,418 comment(s). Last comment by jt888 2024-06-28 15:45

win2win

528 posts

Posted by win2win > 2015-11-17 21:42 | Report Abuse

We will know the target price tomorrow!!

Posted by ChartMaster > 2015-11-17 21:51 | Report Abuse

I am not so desperate to see tomorrow prices as i hv decided to hold for long term till another bonus issue announce, so long it is still the same existing quality management who run the business. if profit is good, the prices will go up naturally . Q3 ringgit depreciated further, so the early settlement of loan and trading in USD will benefit Hevea.

jfanalytic

140 posts

Posted by jfanalytic > 2015-11-17 21:56 | Report Abuse

Indeed, good result.

Question, would Ringgit rebound in next 3 months?

No? Keep.
Yes? Sell.

thec16

70 posts

Posted by thec16 > 2015-11-17 22:00 | Report Abuse

luckily bought some Heava from OTB recommendation :)

Posted by talkrealreal > 2015-11-17 23:17 | Report Abuse

Sometime people writes without thinking...

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-11-17 23:20 | Report Abuse

Intrinsic Value = RM 1.77. pls buy

kahfai211

822 posts

Posted by kahfai211 > 2015-11-17 23:42 | Report Abuse

if i buy before ex date i can get the dividend am i right?

FullTime

1,074 posts

Posted by FullTime > 2015-11-18 00:09 | Report Abuse

u r right, Hevea is cash rich now. great dividend and EPS.

Ahyu

15 posts

Posted by Ahyu > 2015-11-18 01:36 | Report Abuse

When is the dividend issue date?

Target888

103 posts

Posted by Target888 > 2015-11-18 01:44 | Report Abuse

buying before ex date 30/11/2015 is entitled for dividend. After ex date, you will get your dividend on 30/12/2015.

Daydream

59 posts

Posted by Daydream > 2015-11-18 04:06 | Report Abuse

dividend just 0.5 cent only.....we are looking for long term share price ok.

Lucifer178

143 posts

Posted by Lucifer178 > 2015-11-18 04:59 | Report Abuse

Is the dividend 5c or 0.5c (half cent)...?

Daydream

59 posts

Posted by Daydream > 2015-11-18 06:10 | Report Abuse

5c? Lu BBT!

Posted by Kuanyee Saw > 2015-11-18 08:19 | Report Abuse

rosmah, how do u calculate d intrinsic value?..can u share?..tq...

BBYFH

116 posts

Posted by BBYFH > 2015-11-18 08:28 | Report Abuse

Will warrant also entitle for the dividend in this case ?

slts

2,236 posts

Posted by slts > 2015-11-18 08:32 | Report Abuse

bbyfh,
today u sell 0.5sen higher
u got ur dividend today
haiya only half sen lah

Tom

2,984 posts

Posted by Tom > 2015-11-18 08:39 | Report Abuse

today gap up

Posted by Erik Sighton > 2015-11-18 08:43 | Report Abuse

apa siao

Tom

2,984 posts

Posted by Tom > 2015-11-18 08:51 | Report Abuse

today gap up

Posted by Erik Sighton > Nov 18, 2015 08:43 AM | Report Abuse

apa siao

cloudde

30 posts

Posted by cloudde > 2015-11-18 08:54 | Report Abuse

CIMB's TP is at MYR2.00

Tom

2,984 posts

Posted by Tom > 2015-11-18 09:06 | Report Abuse

small huat ah~

Jeff Lee

327 posts

Posted by Jeff Lee > 2015-11-18 09:07 | Report Abuse

cloudde, can attach cimb tp 2.00 report??

k8118k

981 posts

Posted by k8118k > 2015-11-18 09:10 | Report Abuse

cimb tp 2.00

Posted by valueinvestor18 > 2015-11-18 09:13 | Report Abuse

HeveaBoard Bhd
Another round of earnings upgrade
■ 9MFY15 core EPS beat expectations, at 84% of previous full-year forecast.
■ Hevea has beaten our earnings estimates for three consecutive quarters.
■ Balance sheet has turned net cash in 3Q; surprise 3Q interim dividend signals
quarterly dividend trend, that could be a re-rating catalyst.
■ We raise FY15-17F EPS by 17-23% on weaker ringgit of RM4.00/US$1, mitigated
by slightly higher effective tax rate.
■ Target price raised to RM2.00 on rollover to FY17 EPS and higher target P/E.

flytothemoon

4,836 posts

Posted by flytothemoon > 2015-11-18 09:26 | Report Abuse

price keep going up with good result ok already, dividend so high for what?

TomyamGong

4,156 posts

Posted by TomyamGong > 2015-11-18 09:41 | Report Abuse

Geshen no dividend also at 2.00 and above. Hevea to hit 2.00 just a peanut la

fkuling

42 posts

Posted by fkuling > 2015-11-18 09:53 | Report Abuse

Wat is the new TP?

Can17

98 posts

Posted by Can17 > 2015-11-18 09:54 | Report Abuse

Dividend of 0.5 cents, is equal to 2 % for the quarter. Last quarter was also O.5 cents, also. So in total 4% for the last 2 quarters. If one has bought it earlier before split, the dividend return would be higher. My dividend return is 6.65% for the last 2 quarters because I bought shares earlier/cheaper and have kept it longer.

Jeff Lee

327 posts

Posted by Jeff Lee > 2015-11-18 09:58 | Report Abuse

HeveaBoard Bhd
Another round of earnings upgrade
■ 9MFY15 core EPS beat expectations, at 84% of previous full-year forecast.
■ Hevea has beaten our earnings estimates for three consecutive quarters.
■ Balance sheet has turned net cash in 3Q; surprise 3Q interim dividend signals
quarterly dividend trend, that could be a re-rating catalyst.
■ We raise FY15-17F EPS by 17-23% on weaker ringgit of RM4.00/US$1, mitigated
by slightly higher effective tax rate.
■ Target price raised to RM2.00 on rollover to FY17 EPS and higher target P/E.

Jeff Lee

327 posts

Posted by Jeff Lee > 2015-11-18 09:59 | Report Abuse

may i know how to post a blog??

Posted by backspacei3 > 2015-11-18 10:24 | Report Abuse

Rm1.46 wow

flytothemoon

4,836 posts

Posted by flytothemoon > 2015-11-18 10:24 | Report Abuse

everybody huat arh, cash printing machine

cloudde

30 posts

Posted by cloudde > 2015-11-18 10:29 | Report Abuse

@Jeff Lee here's a copy of CIMB's report http://1drv.ms/1Pz3pBx

Posted by Zurani Bond Abdullah > 2015-11-18 10:36 | Report Abuse

today can touch 1.50??

FullTime

1,074 posts

Posted by FullTime > 2015-11-18 10:37 | Report Abuse

from CIMB===

Balance sheet turns net cash

Hevea’s net gearing fell qoq from 4.6% at end 2Q15 to net cash (3 sen/share) at end-3Q15, three months ahead of expectations as we had expected Hevea to turn net cash by end-15. We expect Hevea to fully settle its US$ term loan and other RM-denominated debt by end-16, which puts it in a strong position to hike dividends substantially.

Quarterly DPS to commence?

A 3Q interim dividend of 0.5sen was declared, a positive surprise. We believe that Hevea is in a very comfortable position to commence quarterly dividends, a re-rating catalyst, in our view. We make no changes to our DPS forecast (we had raised it by 100-200% in Sep 15).

Maintain Add; EPS and target price raised

We raise our FY15-17 EPS forecasts by 17-23% after raising our average RM/US$ rate from 3.70 to 4.00. This is mitigated by slightly higher effective tax rate in FY16-17 as some of Heveapac’s (the furniture division) tax allowances have expired. We raise our target P/E from 10.5x to 11x for improved trading liquidity. Hevea’s trading liquidity has risen four-fold from US$0.3m/day to US$1.3m/day since initiation. Re-rating catalysts are continued weakness of the ringgit and payment of quarterly dividends.

Posted by ChartMaster > 2015-11-18 10:56 | Report Abuse

I just bot Hevea warrant . undervalue. :) as long as the management is good team, company continuously produce record breaking result, the share price eventually will be rocketed.

Posted by backspacei3 > 2015-11-18 10:58 | Report Abuse

worth 1.6-1.7 PE10

Jeff Lee

327 posts

Posted by Jeff Lee > 2015-11-18 11:04 | Report Abuse

thanks cloudde!

Posted by ChartMaster > 2015-11-18 11:20 | Report Abuse

once the TP is reviewed in next few days , the price will surge accordingly.

Posted by backspacei3 > 2015-11-18 11:21 | Report Abuse

is good now

PN17player

633 posts

Posted by PN17player > 2015-11-18 11:26 | Report Abuse

today close 1.46 , tomorrow close 1.45 , friday 1.57

Posted by miss_secret > 2015-11-18 11:30 | Report Abuse

wa..so happy~~ luckily I still hold hevea~ hevea good for long term ,rite?

flytothemoon

4,836 posts

Posted by flytothemoon > 2015-11-18 11:41 | Report Abuse

hevea you keep for your son, hold tight tight

PN17player

633 posts

Posted by PN17player > 2015-11-18 11:42 | Report Abuse

good management . surely good for long term. Cimb will review target to RM2.20

jclara

76 posts

Posted by jclara > 2015-11-18 11:50 | Report Abuse

Hevea, I love you !!

Posted by miss_secret > 2015-11-18 11:51 | Report Abuse

thanks pn17player ~

flytothemoon I haven't married yet la, where got son.
ok I hold tight tight ~~~ hahaha

PN17player

633 posts

Posted by PN17player > 2015-11-18 12:02 | Report Abuse

wrong chat room! no next counter! we are all diehard fan for good management like Hevea.

flytothemoon

4,836 posts

Posted by flytothemoon > 2015-11-18 12:03 | Report Abuse

oh, then hold for your grandson

Posted by talkrealreal > 2015-11-18 12:07 | Report Abuse

All huat lah

FullTime

1,074 posts

Posted by FullTime > 2015-11-18 12:13 | Report Abuse

fund managers /institutions & EPF are buying , huat arrrr...rrr

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