Posted by dalpinia > 2016-01-08 18:08 | Report Abuse

Will consider after next QR

Posted by saltedfish > 2016-01-08 18:08 | Report Abuse

You will not be disappointed, as I have said to ChartMaster today (desperately wants to buy 1.61 today, closing 1.59) Lol

Posted by veln82k6 > 2016-01-08 18:39 | Report Abuse

If Robert got proof sure he aldy report to SC or Bursa. He just know talking nonsense at i3. They cannot win at court so just can spread false rumours at i3.

Posted by hevea1234 > 2016-01-08 18:58 | Report Abuse

hahaha dato你也太小气了派人来破坏

Posted by stanleyong > 2016-01-08 19:09 | Report Abuse

OTB, can you please repeat the reply from Hevea management on the court case and Korean consignment. Many of them have not read because you only post in one Hevea forum and the writer has it removed, i think. For the benefit of all those who has not read the reply and to counter false rumours, please repeat them in all Hevea forum, which i think there are at least 3 of them. We must not allow lies to prevail. Thanks

Posted by carot > 2016-01-08 19:11 | Report Abuse

Blog comment on HEVEA, Internal Cracks Emerging 亿维雅，股东内鬨
Author: robertl | Publish date: Wed, 6 Jan 2016, 02:38 PM


Ooi Teik Bee

Dear valued readers in I3,

I understand many of you are so worried about your investment in Hevea. In order to help you all, I take the initiative to write to Hevea management to clarify 2 items here.

1 - Court case
2 - 700 containers of reject (Actual is 700 m3 not containers).

Below are the answers to both items.

1 - Court case.

The court case is involving our minor shareholders in HeveaWood claiming no dividends after many years despite HB gave limited dividends. We are unable to pay as we have a loan governance to pay borrowers first. The case was won twice but the plaintiffs still brought it to appeal court. This is non issue if we pay up all loans in June this year.

2 - 700 containers of reject (Actual is 700 m3 not containers).

We had an issue that 700m3 of our PB to Korea were held up in Korean port over quality problem last October due to wrong testing method. This is resolved after our protest, our test, local labs, and Korean labs subsequently prove us right. The results are better that requirements. Thus all cargo cleared.

Dear valued readers, I am not siding any party here. I just get the explanation from Hevea management so that all my subscribers are happy with my explanation.

Since I have the answer, I hope to share with all readers here. If you do not believe, please ignore it.

I am not asking you to buy or hold the shares, final decision is yours.

Thank you.
Ooi
07/01/2016 22:03

Posted by pussycats > 2016-01-08 19:26 | Report Abuse

Susah la maciam ini

Posted by megapower > 2016-01-08 20:21 | Report Abuse

still in faith in hevea?
Percayala

Posted by wajatimur_28 > 2016-01-08 20:33 | Report Abuse

Up to u la saltedfish...i still wondering...who u want to convince actually?lol...so sad but true...shame on u saltedfish...lol

Posted by pussycats > 2016-01-08 20:50 | Report Abuse

wings patah perlu jumpa loktor lah - aiyaaa Susah laaa Maciam inninini

Posted by sell > 2016-01-08 21:05 | Report Abuse

TA say downtrend. Time to sell?

Posted by pussycats > 2016-01-08 21:09 | Report Abuse

sell la! why perlu wait.

Posted by veln82k6 > 2016-01-08 21:37 | Report Abuse

We are FA followers. TA..haha

Posted by chshzhd > 2016-01-08 23:26 | Report Abuse

buy...

Posted by Teoh Boon Leong > 2016-01-08 23:27 | Report Abuse

Fourth quarter result should be good,better hold and buy more .

Posted by DreamSubjugator > 2016-01-08 23:32 | Report Abuse

what TP

Posted by pussycats > 2016-01-08 23:42 | Report Abuse

TP=3.80

Posted by kahchun17 > 2016-01-09 00:08 | Report Abuse

既然那么有信心请马上report 给SC. what are you waiting for??? 与其在这里post, 倒不如交给证券会查办让一些没有买hevea的人都知道hevea是一间怎样的公司。

Posted by moniekj > 2016-01-09 00:38 | Report Abuse

Haha..fantastic target price...but not realistic..

Posted by kkanagasg > 2016-01-09 09:48 | Report Abuse

CBT case on directors coming

Posted by MuttonCurry > 2016-01-09 11:38 | Report Abuse

My Feb TP for this stock is RM2.00. The year to year cost increased due to fx. Surprising because for xport counter this usually is opposite. In hevea case is because of USD denominated loans. This year they are decreasing these costs at a rapid rate and by CNY should retest RM2.00. This coupled with higher sales and drop and ringgit/USD will be + signals. If the USD denominated loans are being wipeout and equipment upgraded where else can the price go ... ?

I suspect the old timers KYY, OTB ..et al were aware and the run up started to happen ... until some stoopid jackass of a blogger decided to equate Hevea with another "made in PRC" crap of a company

Naturally some jittery investors did the knee jerk reaction expecting the downside trend in % terms to follow the XingQ PRC (non existent dividend co after 5 years but claim war chest of RMB1.2 )... but guess what ? Hevea not following suit.

Also IMHO goreng kaki not even going to see RM1.30 lah in the initial frightening rumour... The support shown these last few days proved it in a crazy market. Next week going to ding dong around RM1.57-RM1.65 before shooting upwards for good. After that i expect some nice red packet for CNY even though i am not a Chinese. he he

Posted by wajatimur_28 > 2016-01-09 13:24 | Report Abuse

Agreed with muttoncurry...good enlightenment bro

Posted by wajatimur_28 > 2016-01-09 13:28 | Report Abuse

kkanagasg CBT case on directors coming
09/01/2016 09:48...ok.tqvm kkanasg for ur reminder...hope so u can attend @ courtroom so u can tell all fellow in hevea's forum the final decision of the case....lol

Posted by MuttonCurry > 2016-01-09 13:35 | Report Abuse

kkanagasg ... the directors are not coming ... instead u are ejaculating in this forum. Get a life .. go find a wife or g/f like normal ppl for the physical experience.

Posted by mightymouses > 2016-01-09 15:31 | Report Abuse

I like muttoncurry ok. What if kkanagasg want your wife since you suggest? Or worst your daughter? Don't lar like that ask ppl to find wife and gf, but if gay I can recommend him Lim Sip Yee in Mieco forum. He likes double O......OO get it?

Posted by mightymouses > 2016-01-09 15:32 | Report Abuse

Mr Lim is loaded ( I don't mean rich) and ready to fire.....

Posted by MuttonCurry > 2016-01-09 15:35 | Report Abuse

He can go to Jalan Alor for all i care.

Posted by mightymouses > 2016-01-09 16:04 |

Post removed.Why?

Posted by mightymouses > 2016-01-09 16:06 |

Post removed.Why?

Posted by MuttonCurry > 2016-01-09 16:09 | Report Abuse

Always grandmother stories ... Why not u invest in mickey mouse counter like XingQ unlike us normal ppl in hevea ?

Posted by shortinvestor77 > 2016-01-09 16:18 | Report Abuse

How could we believe that small shareholders can sue Hevea just because Hevea did not pay dividend before? They are many counters also don't pay dividends but no sue case. If this is the answer from Hevea, how can all investors are not made known through Bursa?

Posted by shortinvestor77 > 2016-01-09 16:22 | Report Abuse

2 - 700 containers of reject (Actual is 700 m3 not containers).

We had an issue that 700m3 of our PB to Korea were held up in Korean port over quality problem last October due to wrong testing method. This is resolved after our protest, our test, local labs, and Korean labs subsequently prove us right. The results are better that requirements. Thus all cargo cleared.

Ask yourself, all cargo is how many cargo are there? 700m3 is equivalent to 700 containers or more than that? The company never answer yes or no.

Posted by shortinvestor77 > 2016-01-09 16:25 | Report Abuse

1 - Court case.

The court case is involving our minor shareholders in HeveaWood claiming no dividends after many years despite HB gave limited dividends. We are unable to pay as we have a loan governance to pay borrowers first. The case was won twice but the plaintiffs still brought it to appeal court. This is non issue if we pay up all loans in June this year.

Ha!Ha! Starting now, shareholders can sue any companies that don't pay dividends.

Posted by mightymouses > 2016-01-09 16:26 |

Post removed.Why?

Posted by MuttonCurry > 2016-01-09 16:46 | Report Abuse

No lah .. got a few jackass customer living at stoneage asking for RM1.30 per plate when going rate is RM1.60++. We usually tell them to buy nasi lemak instead ... something you can find at XingQ if their appetite still wet

Posted by DingDongHai > 2016-01-09 16:51 | Report Abuse

Haiz this big mouse last time was OTB subscriber. Dunno how come suddenly attack OTB everyday..

Posted by shortinvestor77 > 2016-01-09 16:53 | Report Abuse

Many investors know about XingQ. But Uncle Koon still trusts it. You see, every Super Investor has a blind spot. Agree? We saw Uncle Koon asked for mercy to get the dividends more from XingQ but finally walked out from the A/EGM. Super Investor also looks for dividends lah. No good dividends means no good foundation of the stock?

Posted by shortinvestor77 > 2016-01-09 17:00 | Report Abuse

There are so many trees in the jungle. Why must you burn the whole jungle just for one tree?

Posted by shortinvestor77 > 2016-01-09 17:15 | Report Abuse

Warren Buffett/Quotes
Price is what you pay. Value is what you get.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Posted by MuttonCurry > 2016-01-09 17:16 | Report Abuse

As much as i respect the old man ... but he has made a few wrong calls/ But net net his overall calls has made me handsome profit. As per xingQ call .. well only time will tell. But for Hevea he is spot on. This hevea gave me dividend which i cannot say about XingQ. Instead RI pulak lagi

Posted by shortinvestor77 > 2016-01-09 17:17 | Report Abuse

Risk comes from not knowing what you're doing.
Someone's sitting in the shade today because someone planted a tree a long time ago.
You only have to do a very few things right in your life so long as you don't do too many things wrong.
Our favorite holding period is forever.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
In the business world, the rearview mirror is always clearer than the windshield.

Posted by Cze Houl Yee > 2016-01-09 18:13 | Report Abuse

shotinvestor77, container come with different size and volume, volume of a standard container is around 70 m3. so 700 m3 is only 10 containers. i assume it is standard size container. the reason the management use m3 instead of number of container is to avoid confusion i guess because the aize of contianer can be vary.

Posted by shortinvestor77 > 2016-01-09 18:26 | Report Abuse

http://www.griffinlogisticsco.com/reference/container_info.pdf

Posted by shortinvestor77 > 2016-01-09 18:27 | Report Abuse

If it is 10 containers, as an expert such as Hevea, it will not tell you 700m3. It will tell you 677m3. (Exact value). Be professional.

Posted by shortinvestor77 > 2016-01-09 18:28 | Report Abuse

So, I propose to you that
1) Hevea lies to you especially to OTB,
2) (former/existing) Director(s) sues (existing/former) director(s), no such thing small shareholder(s) sue(s) Hevea,
3) 700 containers (times 67.7m3 each), not 700m3 as no such volumes exist.

Wait and see. Time will determine.

Posted by MuttonCurry > 2016-01-09 18:37 | Report Abuse

Ya ya ... in this year a lot of monkeys abound ... kaka . We shall see end next week who is right !

Posted by Cze Houl Yee > 2016-01-09 18:42 | Report Abuse

ya wakakaka..looks like we are in the zoo or circus

Posted by mightymouses > 2016-01-09 19:14 |

Post removed.Why?

Posted by red_85 > 2016-01-09 20:45 | Report Abuse

Switch to liihen for bettee gain..tips from insider

Posted by chonghai > 2016-01-09 21:45 | Report Abuse

Investment is about logical and rational thinking about facts :
1). Past 9 months HEVEA generated RM 46 million of profits
2). Past 9 months cash position of HEVEA improve by about RM 40 millions
3). Past 9 months debt of HEVEA reduced by around RM 20 millions.

Containers in KOREA ? Assuming worst exposure, how much can it be? It is a one off item [Worst case scenario]
Court case between 2 major shareholders ? I don't care.

Careful check on financial statement of HEVEA found no red flags.
No abnormal increase in CAPEX.
No abnormal increase in inventory.
No abnormal increase in receivables.

Anyone sell HEVEA because of high valuation may be sensible. HEVEA is not cheap.
Anyone who sell HEVEA because of the rumours should avoid KLSE altogether.