FLB's result not good so hevea is in trouble also? Wow.. What kind of logic is that!? Hevea dropped due to RM strengthen which is because of oil price increased on the hope of all OPEC's members will come to decision on cutting production during OPEC. There are various of factors affecting the share price, please do more reading before commend.
Easy, if you want to sell then sell, I have no commend on that. As I said before, the good show is on the 4th q report as the USD was only started to drop on November. However, if the management is good enough, the 3rd q report will not be dissapointed. Ofcourse, it mostly depends on what expectation you put on Hevea
Hevea does not sell to US. Their main export is to China and Japan, a certain portion is to other parts of Asia. However, their sales is denominated in USD. So they benefit from rise of USD. What has Trump to do with Hevea?
Hevea has 109.79 million of cash. Hevea's total loan is only 15.1 million. This quarter Hevea made 17.9 million. Next quarter Hevea should make more profit.
Hevea's equity is 397.5 million. Assuming total annual profit is 52.6 + 17.9 = 70.5 million approximately Return of equity is 70.5/397.5 = 17.7%
"The profit before tax reduction was due mainly to the major shut down in April 2016 for preventive maintenance, this had resulted in lower production output and hence a higher production cost, and at the same time, also incurred a higher maintenance cost."
Spillover effect from the major maintenance, that was unexpected, guess we will have to wait for it to normalize. Not an issue for the long term, still on the right track.
The debt is significantly pared, SHORT-TERM BORROWINGS drop from 35,149 to 8,164. LONG TERM BORROWINGS drop from 23,216 to 6,947.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
77huat77
1,782 posts
Posted by 77huat77 > 2016-11-21 16:05 | Report Abuse
not going to be good