Posted by beware1 > 2016-01-12 20:37 | Report Abuse

Those manipulating Hevea shares can face same charge like Repco Low.

Posted by kansan5423 > 2016-01-12 20:37 | Report Abuse

Hevea MD will sued this Robert.....

Posted by Ryan88 > 2016-01-12 20:38 | Report Abuse

Let's us organise a competition, who can find out the guy the fastest , 10k reworks to him. Haha

Posted by flytothemoon > 2016-01-12 20:39 | Report Abuse

saltedfish game
over

Posted by whichone > 2016-01-12 20:43 | Report Abuse

salted fish intention to scare people sold out hevea to collect at lower price and now became pushing up the price.

Posted by whichone > 2016-01-12 20:44 | Report Abuse

salted fish always using fault information to cheat people and he still use the same technique again and again...he thought I3 investor are alll stupid.

Posted by whichone > 2016-01-12 20:45 | Report Abuse

by the way he do not know everybody here take him as a laughing stock.

Posted by lck1300 > 2016-01-12 20:48 | Report Abuse

create ID at this forum is easy like abc , they dont even scare people to laugh or mock , they always can create a new ID keep doing same thing all day long

Posted by PN17player > 2016-01-12 20:49 | Report Abuse

they sld be put to jail for causing the price to drop or manipulation. thaanks to cimb Marcus Chan for clarify with hevea management.

Posted by voonyoke > 2016-01-12 20:53 | Report Abuse

This Robert group is the most stupid syndicate that I ever met in my life. Fail to manipulate the price, the worse is that nobody will trust them with their idiot acts full of cheat. Next time don't come to forum again. No one will trust you.

Posted by member41 > 2016-01-12 21:17 | Report Abuse

It was a good test of people's faith in the stock.

Posted by win2win > 2016-01-12 21:30 | Report Abuse

HeveaBoard rebounds as allegations against it were dismissed as 'frivolous'
http://www.theedgemarkets.com/my/article/heveaboard-rebounds-allegations-against-it-were-dismissed-frivolous

Posted by worldbaba > 2016-01-12 22:16 | Report Abuse

The Edge Official

HeveaBoard rebounds as allegations against it were dismissed as 'frivolous'

By Tan Siew Mung / theedgemarkets.com   | January 12, 2016 : 8:53 PM MYT   


KUALA LUMPUR (Jan 12): HeveaBoard Bhd ( Valuation: 1.10, Fundamental: 2.70), which has seen its share price fall 15% over the past week on "bloggers attacks", rebounded 6.16% today after its management and an analyst said the allegations were non-fundamental and frivolous.

The investor blog i3investor.com had carried three negative allegations against HeveaBoard in the past week. Besides alleging that a civil suit has been filed against the company's managing director over the non-payment of dividends, the blog had claimed that 700 of the company's containers of particleboard were stuck in Korea due to non-conformance to quality standards, and that there were discrepancies in HeveaBoard's inter-company loan.

These allegations had resulted in HeveaBoard's shares slumping 15% to RM1.46 on Monday compared to its share price of about RM1.73 a week ago on Jan 5. However, the counter recouped some losses today and rose 6.16% or 9 sen to close at RM1.55.

According to CIMB ( Valuation: 1.65, Fundamental: 0.55) Research, the company's managing director Yoong Hau Chun had explained via a conference call that a civil suit was indeed instituted by HeveaWood Industries' (HW) (HeveaBoard's largest shareholder with a 27% stake) minority shareholders against the Yoong family for the non-payment of dividends at HW.

However, Hau Chun said HW was not in a position to pay dividends from 2009 to 2012 as HeveaBoard's financials were stretched following the collapse in the particleboard industry. CIMB also wrote that the High Court have decided in favour of the defendant in the suit.

The management had also dismissed the allegation that its containers were held up by Korean customs due to non-conformance to quality standards as "untrue".

"Korea had changed its orders from E2 boards to E1 boards. As Korean E1 testing standards differed slightly, HeveaBoard delayed shipment to Korea pending clarification of its new testing standards. This issue has since been resolved," CIMB noted.

On the discrepancy in its inter-company loan, CIMB noted that the management said HW had made other inter-company loans to other related parties in addition to HeveaBoard and hence, the amounts would differ.

"All of HeveaBoard's debts will be repaid by mid-2016, according to management," said CIMB.

The allegation was that HeveaBoard had "beautified" its accounts to hide an €890,000 inter-company loan made by HW to HeveaBoard in 2005, quoting discrepancies between amounts owed by related parties to HW versus the amount owing by HeveaBoard to related parties.

As such, CIMB Research urged investors to stick to HeveaBoard's fundamentals, and maintained its "add" call on the counter.

"We felt that management addressed the issues very well and sensed that institutional investors were comfortable with the explanations," CIMB research said and urged investors not to be distracted by these non-fundamental and frivolous allegations.

"In our view, any share price correction is an excellent opportunity to bottom fish as our earnings forecasts are conservative (RM/USD of 4.0 versus current spot rate of 4.4). A 1% depreciation of the ringgit increases HeveaBoard's EPS (earnings-per-share) by 7.5%," it added.

Posted by saltedfish > 2016-01-12 22:17 | Report Abuse

Really don't understand you guys stubbornness in supporting a stock

Posted by saltedfish > 2016-01-12 22:19 | Report Abuse

Look, nothing in the so-called CIMB teleconferencing with the fund managers (who all got wet pants because of the revelation of irregularities in hevea) says that all the 3 concerns (containers/court cases/HB owed HW euro 890,000) are false, except that it was 700m3 and not 700 containers

Posted by saltedfish > 2016-01-12 22:21 | Report Abuse

So how to complain Robert spreading rumour when the facts are all REAL? Come on lah

Posted by saltedfish > 2016-01-12 22:22 | Report Abuse

And some even talked about Bursa or SC, when more twilight zone lah, Lol

Posted by Lcube > 2016-01-12 22:23 | Report Abuse

Thanks win2win for sharing thedge article.On top of the clarification about the containers held up issue being resolved,it also mentioned that Korea changed its orders from E2 boards to E1 boards,which might signify another plus point in profit margin hopefully.Hope to see the real value emerges & surges to new height in few months time

Posted by saltedfish > 2016-01-12 22:23 | Report Abuse

Eagerly waiting for Robert's EXPLOSIVE news.

I will still up till midnight, if not early tomorrow morning to read the bombing on the MD

Posted by Mongoose > 2016-01-12 22:27 | Report Abuse

Nuclear or atom bomb?

Posted by Christiano88 > 2016-01-12 22:28 | Report Abuse

Huat ar！

Posted by PN17player > 2016-01-12 22:31 | Report Abuse

CIMB Research urged investors to stick to HeveaBoard's fundamentals, and maintained its "add" call on the counter.

"We felt that management addressed the issues very well and sensed that institutional investors were comfortable with the explanations," CIMB research said and urged investors not to be distracted by these non-fundamental and frivolous allegations.

"In our view, any share price correction is an excellent opportunity to bottom fish as our earnings forecasts are conservative (RM/USD of 4.0 versus current spot rate of 4.4). A 1% depreciation of the ringgit increases HeveaBoard's EPS (earnings-per-share) by 7.5%," it added.

Posted by Fortuneball > 2016-01-12 22:33 | Report Abuse

Diehard CIMB Research....still did not see the avalanche coming. LOL

Posted by Fortuneball > 2016-01-12 22:35 | Report Abuse

Then again, Marcus was the one who initiated coverage on HEVEA of course he has to stick his neck out to preserve the rosy picture of HEVEA he himself painted. LOL

Posted by Ryan88 > 2016-01-12 22:35 | Report Abuse

300k to buy in tmr if drop

Posted by MuttonCurry > 2016-01-12 22:35 | Report Abuse

Did somebody fart here ? Smell like provision shop selling dried fish.

Posted by Fortuneball > 2016-01-12 22:37 | Report Abuse

No, just some stinking rotten mutton. LOL

Posted by MuttonCurry > 2016-01-12 22:38 | Report Abuse

This place only for high class investor. We get our dried fish in freshly sealed bag complete with expiry date.

Posted by voonyoke > 2016-01-12 22:39 | Report Abuse

Now it is another joker fortuneball from Robert group

Posted by wajatimur_28 > 2016-01-12 22:40 | Report Abuse

Saltedfish didn't give up...lol...keep it up..doggybub...lol

Posted by Mongoose > 2016-01-12 22:50 | Report Abuse

Muttoncurry expired d??

Posted by optimushuat > 2016-01-12 23:11 | Report Abuse

http://www.theedgemarkets.com/my/article/heveaboard-rebounds-allegations-against-it-were-dismissed-frivolous

Posted by Mongoose > 2016-01-12 23:13 | Report Abuse

Is it true CBT? Soon?

Posted by MuttonCurry > 2016-01-12 23:15 | Report Abuse

well done optimus ... hehe

Posted by PN17player > 2016-01-12 23:16 | Report Abuse

banker's recomendation carry wieght, banker also clarified the matter with Hevea MD, and advise to add for RM2 tp, it can never go long . all of us , add tomorrow to kick out these group of donkey who spread untrue and dirty rumours.

Posted by Mongoose > 2016-01-12 23:21 | Report Abuse

Banker want to sell?

Posted by Ryan88 > 2016-01-12 23:22 | Report Abuse

http://www.theedgemarkets.com/my/article/heveaboard-rebounds-allegations-against-it-were-dismissed-frivolous

Posted by Probability > 2016-01-12 23:29 | Report Abuse

Robert group had actually made the consolidation process much faster.
Now it its a good time to go in with a solid concrete floor.

Posted by Kc Kee > 2016-01-12 23:36 | Report Abuse

you guys relax lah =) a good opportunity to buy, should thanks to them, lets earn big money

Posted by chshzhd > 2016-01-12 23:37 | Report Abuse

buy...:)

Posted by AhSook AhKou > 2016-01-12 23:40 | Report Abuse

Now u know in this type of business it also have "marketeer" n I called them "The Good The Bad The Ugly " ........ just like internet business u can employ PR company to promote u in the internet arena n also to damage yr competitors !! That's why some of the Sifu saying Buy on rumour n Sell on News mahhhhhhhhh Anyway on record I must thanks Roberti for paying my family dinner in Grand Imperial .............

Posted by Ryan88 > 2016-01-12 23:57 | Report Abuse

Sarcastic. http://klse.i3investor.com/blogs/heveamillionairemillionairecom/ shared by salted fish last time .... lol

Posted by sell > 2016-01-13 00:16 | Report Abuse

Time to sell. See last year CIMB report on IFCA. TP mentioned is RM 1.80 what happen now? Why Hevea not included in CIMB 2016 stocks pick?

Posted by PN17player > 2016-01-13 00:27 | Report Abuse

thanks Ryann for sharing the link , salted fish face is so ugly

Posted by sell > 2016-01-13 00:32 | Report Abuse

DPS 2.5 sen but profit so high meaning acct fake one. Better sell.
http://klse.i3investor.com/servlets/stk/fin/5095.jsp

Posted by voonyoke > 2016-01-13 00:57 | Report Abuse

The more important is to find out who this Robert group and where are they. Get them sued and jailed.

Posted by wangge > 2016-01-13 05:40 | Report Abuse

Good morning! Another good good day for us.

Ryan88 Sarcastic. http://klse.i3investor.com/blogs/heveamillionairemillionairecom/ shared by salted fish last time .... lol
12/01/2016 23:57

Thank you RYAN88, your linked in perfect timing on Salted Fish-baby drinks milk standard niah!!!
We I3 forumers legitimately can hemtam :
Hemtam salted fish n his group kuat kuat ! No give face, you have uncle Wangge's warrant !!
We just over fry salted fish into charcoal ashes !

Why ? Why? Why?

If you read his blog and relevant postings in 2015. He and his group just worst than hyena !!
He promoted and love Hevea so much! But over a period, self interest not met expectations.
This group hyena personality small people ( 小人難養有奶就是娘) after finished drinking milk immediately forget their mothers !

天作孽，
犹可為，
自作孽，
不可活，
善善哉！

Posted by wangge > 2016-01-13 06:24 | Report Abuse

KC KEE, even we can buy collect low make more $$$$ from their kindergarden standard, ethically not rightful also . You know stock market is zero sum games , we buy low on ikan bilis and novices expenses ! Pls correct me if I'm wrong , Let say one day, our son daughter also in stock market, they are trapped and victimised by another group similar approach of salted fish , what we think neh?

Posted by wangge > 2016-01-13 06:48 | Report Abuse

Voonyoke, this fortuneball joker we knew him long long ago, at least he has principle never changed ID! I respect him, I don't think he gangs with Robert group, his character attracts to negative energy since long long time and he likes to "sampah" together if can collect one or two pieces of missing gold niah!

Majority are traders, not the value investors so cant winbig! If majority are value investors, then market will be very very boring !

If we want to be bigwin investor and winbig big, besides FA n TA and extra homework,
our " heart must also big big "（ 大量大福) . Those similar to Robert group limited company can't winbig!

Posted by wangge > 2016-01-13 06:55 | Report Abuse

Even Salted fish group can winbig via dirty method, what come around sure will go around !
So let them be, what we can do here is " hemtam them kuat kuat no need to give face "

Let the nature takes their own course to "holland "