and for sxckperformer again (on dividend of evergreen):
n the latest AGM, evergreen management has announced at least 40% dividend payout ratio (vs net profit) starting this year.
They were not paying much dividend in the past as they required the money for capex for expansion. starting 2017, their expansion is done and they can free up more cash for dividend. if 2016 EPS is around 9sen, 40% would be 3.6sen. that is about 3.7% dividend yield (not bad).
this dividend will increase as they are improving EPS in 2017-2018. So you will get even higher dividend yield if you invest at current price
The fact that I revealed everything on both HEVEA and EVERGREEN and it is quite obvious HEVEA has an edge over that one company with TWO HUNDRED OVER MILLIONS of borrowing debts is clearly shown. Why the denials? I've included references to back-up everything I said about both companies. What else excuses u are going to use next? *Really scratching head lol
why u keep talking about the past of evergreen as they used more money for expansion? Look into future when they free up more cash for dividend.. they already approved the at least 40% dividend payout ratio in AGM.. can't see it?
haha... this sxckperformer keeps picking bones on the debt alone (which is at healthy level)... but ignore the fact that the company is growing and will turn into new chapter of life starting 2017...
A company with manageable debt 0.075x net debt of its shareholder's equity is not healthy? come on, pls don't mislead the investors anymore, we are not stupid ok?
Airasia has more debt than its equity but as long as the cashflow is healthy, we don't see a problem
sxckperformer claims himself he is the "well-informed" investor on Evergreen.. besides the twisted "fact" he showed here, what else he had shown? compared to others who share more useful info & email, he is just a joker trying to sabotage evergreen price for his own benefit.. too obvious la..
sxckperformer, u r aiming at Evergreen at lower price right? haha.. caught red-handed.. else why so "noble"? ur friend bullorbear123 said mah... "why so noble and free" if not for own agenda
The fact that I revealed everything on both HEVEA and EVERGREEN and it is quite obvious HEVEA has an edge over that one company with TWO HUNDRED OVER MILLIONS of borrowing debts is clearly shown. Why the denials? I've included references to back-up everything I said about both companies. What else excuses u are going to use next? *Really scratching head lol
RAIDER SAY THIS IS THE ANSWER MAH; Correct loh...nett debts rm 75m against evergreen shareholder funds rm 1 billion....where got mountain leh ??
In fact Evergreen is one of the lowest geared among more than Rm 1 billion shareholder fund furniture & timber company loh...!!
Dolly_chai, ur excuses for Evergreen not paying dividends is hard to digest. What about the year of 2013, 2014 and 2015? Now latest 2016 only paid out RM 0.01? Years of capital spending on what? Those 3 years no dividends and now amassed RM 215,585,000 of debts? Plz check carefully most furniture makers listed on KLSE already in net cash position.
olly_chai, ur excuses for Evergreen not paying dividends is hard to digest. What about the year of 2013, 2014 and 2015? Now latest 2016 only paid out RM 0.01? Years of capital spending on what? Those 3 years no dividends and now amassed RM 215,585,000 of debts? Plz check carefully most furniture makers listed on KLSE already in net cash position
IF LIKE THAT RAIDER CAN ASK WHAT ABOUT HEVEA BANKRUPT YEARS IN 2009 TO 2010 LEH ?
in terms of your misleading info on debt of evergreen, i will show you proof:
refer to latest Q3 report: 2016 cash and cash equivalents = RM141,018,000 2015 cash and cash equivalents = RM116,571,000
2016 long term borrowing = RM108,952,000 2016 short term borrowing = RM107,633,000 2015 long term borrowing = RM37,229,00 2015 short term borrowing = RM161,479,000
compare yourself: net debt (minus cash) of 2016 as of sept 30th = RM75,567,000 net debt (minus cash) of 2015 as of sept 30th = RM82,137,000
in fact, evergreen has reduced their net debt in 2016 compared to 2015... so, confirmed you are misleading
Someone shared a good point here before about Donald Trump filed bankruptcy 3 times to protect the interest of his company but who is he today? US president-elect that is.
stockradio can look harder for more excuses to cover-up Evergreen's mountains of debts which stood at RM 215,585,000. What about the rest of the furniture makers listed in KLSE? I think u can choose wisely.
oh ya.. u see..sxckperformer is slapping his own face..
if your theory applies to hevea, why not on evergreen? evergreen has some manageable debt now, when they grow stronger with improved revenue and earning, they can pay off the debt.. just like hevea right?
you are contradicting to your own words.. brainless
why hevea's past history is something u can accept, but you can't accept current manageable debt of evergreen --> that the company will grow stronger and healthier from 2017 onwards...
AGAIN, we invest in the future of evergreen.. wake up pls... just like ppl invested in hevea 2 years ago...
no doubt hevea is a good company now.. but back in 2010? how? evergreen is still better than hevea during its worst time..
still can;t see our logic? FUTURE............... after all, evergreen current balance sheet is still healthy... manageable net debt of 75mil over shareholder equity 1billion.. it is only 0.075x ratio... high debt? your head
see.. sxckperformer really act like sifu (with quarter tin of water)... he talks about furniture maker.. come on la.. evergreen is not like liihen, pohuat, latitude, homeriz these "furniture" maker la.. u dunno, dun simply say la...
Dolly_chai, u must be trapped in Evergreen at very high costs. It must be so hard on u but don't worry, u will just have to wait another 2 years to get back ur invested sum since Evergreen doesn't pay dividends much.
Our Ready-To-Assemble (“RTA”) furniture sector had also contributed significantly to the Group. With the additional capital expenditure (“CAPEX”) towards upgrading, we were able to further achieve higher automation and a wider range of higher value product diversifications. With that strategic move, we expect to be able to mitigate the labour cost increase and continue to contribute additionally to the Group. The RTA sector had registered a 15.5% revenue growth to RM293.0 million in FY 2015, up from RM253.6 million in FY 2014 and a PBT of RM40.3 million in FY 2015, as compared with RM19.9 million in FY 2014, an increase of 102.5%
On a longer term Strategy, the Group will be focusing on increasing its production volume for its Ready To Assemble (RTA) Furniture Products as this will enable us to have a wider range of premium products that is able to fetch a higher profit margin on its designs and quality.
Now it has become more obvious these two stockradio and Dolly_chai are just shooting whatever they want and whenever they can without facts to back-up their claims. If u are a half-filled jar/bottle, it's better u check the facts first before u attack, yes? lol
I know RTA is ready to assemble furniture.. but currently it only consists of 5% of evergreen overall sales.. with that, you define "current" evergreen as furniture maker.. that is really brainless...
Evergreen is still mainly a MDF maker so you are comparing with current furniture maker.. can you be sharp enough? why are u so dumb? speechless...
still dun get my point... how idixtic is he... sigh
sxckperformer sells nasi lemak at his stall everyday... but one day a gxy guy paid him RM1 and he sold his butt (jual punggung).. just one time ya..
even though his major business is selling nasi lemak, but he defines himself as full time butt-seller.. wah... his definition is really speechless to me...
a very smart value investor ricky yeo compared the furniture stocks and tell why they do not require much capex.. this quarter-tin water acts like sifu and categories evergreen as furniture stock at "current stage", and compare the debt...
pls la.. learn from Ricky Yeo and dun act like sifu.. EVERGREEN is never categorized as furniture stock at CURRENT STAGE... so it is unfair to compare its required capex and debt with furniture companies which are less capex-intensive...
Dolly_chai, believe this: People will find out the truth that u are a joker and a half-filled jar. I've seen how u removed ur post yesterday in Evergreen board just to save ur own face. People can see the timestamp of comments, ok. I just laugh it out and continue to work because finally I realized u are really denying with FACTS which were taken out from quarterly and annual reports of both companies. Be truthful not only to the public but to yourself. Thank u!
Latest data on fixed income fund flows shows significant (RM4.6bn) foreign selling of Malaysian bonds (MGS) in November, but only less than 20% of that got repatriated. There is risk that pressure on MYR/USD could sustain as investors continue to repatriate their bond sales. We also see some signs of foreign investors switching into Indon bonds from Malaysian bonds.
idixt sxckperformer, i never deleted my post at evergreen forum.. dun simply accuse me... u r so dumb and confused as i only posted that comment at hevea forum here.. idixt..
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....
Dolly_Chai
738 posts
Posted by Dolly_Chai > 2016-12-20 15:09 | Report Abuse
and for sxckperformer again (on dividend of evergreen):
n the latest AGM, evergreen management has announced at least 40% dividend payout ratio (vs net profit) starting this year.
They were not paying much dividend in the past as they required the money for capex for expansion. starting 2017, their expansion is done and they can free up more cash for dividend.
if 2016 EPS is around 9sen, 40% would be 3.6sen. that is about 3.7% dividend yield (not bad).
this dividend will increase as they are improving EPS in 2017-2018. So you will get even higher dividend yield if you invest at current price