R3D3, u must be really blind. Open ur charts bigger & see it. Hevea's share price is on an upward trajectory uptrend while Evergreen is going down the slope. U can continue to cheat your own self. It is still a fact and it continues going that direction.
1. The land at around Rm 40 psf in a small town look expensive loh..!!
2. Wang masuk pocket directors loh...!!
3. Story not end...after buy land...need build factory, buy machine...no more $$$$$$$$$ for HEVEA loh....!! Need to borrow alot of monies mah....!! No more dividend loh...!!
4. Project take 3 to 5 years matilah....this hevea loh....!!
KUALA LUMPUR: HeveaBoard Bhd’s subsidiary, HeveaPac Sdn Bhd, has entered into a sale and purchase agreement with its executive director, Yee Kong Yin, to acquire 3.13 ha leasehold vacant land for RM13.46mil.
In a filing with Bursa Malaysia, HeveaBoard said it would build additional factory premises and production facilities on the land located in Seremban to cater for new projects and increasing demand for its products.
“The strategic location of the land which is next to HeveaPac’s existing manufacturing plants will facilitate resources sharing and synergise production capacity.
“The acquisition will enable the company, through HeveaPac, to progressively expand its production capacities to meet the current and future demand for its product,” said HeveaBoard.
The company said the purchase consideration, to be satisfied by cash, was calculated based on a rate of RM40 per sq ft.
It would be financed by internally generated funds (33%) and borrowings (67%) by HeveaPac from banking or financial institution, it said.
The company said the transaction would not have any effect on the issued and paid-up share capital of HeveaBoard or the shareholdings of its substantial shareholders.
It also would not have any material effect on the earnings per share, net assets per share and gearing of the group for the financial year ending Dec 31, 2017. – Bernama
A lot of clown like Hevea, they tend to spread fake news and bad mouthed to drive down the share price so can collect cheap. Last time during 1.1x and consilidation for few months Robertl and Saltedfish like to come here everyday say counter die. After rise to 1.5x, no news but stockraider is here. I think he will be gone if the share price rise to 2.x but for sure another clown will appear again.
INFORMATION OF HEVEAPAC AND THE LAND HeveaPac is a wholly-owned subsidiary of the Company. It is principally engaged in manufacturing and trading of ready-to-assemble furniture. The Land is held under Pajakan Negeri 38000 Lot 6246 Pekan Sungai Gadut, District of Seremban and State of Negeri Sembilan measuring approximately 3.127 Hectares (7.7269 acres). The tenure, category of land use, conditions of title and restrictions in interest whether expressed or implied on the issue document of title to the Land are as stated below:- Tenure : “Pajakan selama 60 tahun, tempoh berakhir pada 7 Mac 2046.” Category of land use : “Perusahaan/Perindustrian.” Expressed conditions of title : “Tanah ini hendaklah digunakan untuk kilang papan sahaja.”
LETS STUDY THE SAID LAND LOH....!! EXPIRY 2046.....THAT MEANS CAN PAKAI ONLY 29 YEARS, VERY SHORT LOH...!! TANAH INI UNTUK KILANG PAPAN SAHAJA....THAT MEANS NO VALUE LOH...ONLY TIMBER BASED COMPANY CAN BUY LOH....!! AMORTIZATION AND DEPRECIATION VERY HIGH LOH....!!
HOW DID THE OWNER KEEP IT FOR THEMSELVES, BUY CHEAP AND DID NOT PASS TO HEVEA TO BUY EARLIER IS A PUZZLE LOH ? DON FORGET...LAND ONLY FOR "KILANG PAPAN SAHAJA"...THATS MEAN...OWNER BUY..GOT PLAN TO SELL IT TO HEVEA LOH....!! THATS WHY WHAT THE HECK THEY BUY IF GOT RESTRICTION LEH ??
THIS SHOW CON AND SCHEMING FROM THE BEGINNING LOH....!!
Nvm this stockraider loh. He's just nervous because he bet wrong into Evergreen. Just look at the price trend of Evergreen and Hevea. Answer is clear. LOL.
Evergreen price has gone up from recent low of 70+sen to now RM1.01... where is the so-called going-down trend?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ starperformer Nvm this stockraider loh. He's just nervous because he bet wrong into Evergreen. Just look at the price trend of Evergreen and Hevea. Answer is clear. LOL.
Raider, my advice is, no need comment anything more on Hevea as diehard fans won't listen to you... to me, honestly speaking, Hevea is a good company too but you should have invested in a few years ago instead of now when it is already fairly priced (not undervalued anymore).. but, if u invest in Evergreen for its future growth and expansion that is going to boost the revenue and net profit, u have much higher chance to make money... just my 2 cents... up to you all to decide...
LETS STUDY THE SAID LAND LOH....!! EXPIRY 2046.....THAT MEANS CAN PAKAI ONLY 29 YEARS, VERY SHORT LOH...!! TANAH INI UNTUK KILANG PAPAN SAHAJA....THAT MEANS NO VALUE LOH...ONLY TIMBER BASED COMPANY CAN BUY LOH....!! AMORTIZATION AND DEPRECIATION VERY HIGH LOH....!!
HOW DID THE OWNER KEEP IT FOR THEMSELVES, BUY CHEAP AND DID NOT PASS TO HEVEA TO BUY EARLIER IS A PUZZLE LOH ? DON FORGET...LAND ONLY FOR "KILANG PAPAN SAHAJA"...THATS MEAN...OWNER BUY..GOT PLAN TO SELL IT TO HEVEA LOH....!! THATS WHY WHAT THE HECK THEY BUY IF GOT RESTRICTION LEH ??
When the owner like Hevea con your monies, it is like crocodile loh....!! They give one bite, takeaway a big chunk mah....!! It is not worth to hang around in a company with owner with no integrity....loh...!! Some more NTA rm 0.85....if they conned rm 0.30 like raider predicted...your NTA is Rm 0.55 loh...!!
So how much Heavea can take from the con leh ?? Boochowcccccccccccccccc loh......!!
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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....
stockraider
31,556 posts
Posted by stockraider > 2017-01-09 16:10 | Report Abuse
WHEREAS ?
ONLY HEVEA AND EVERGREEN MAH...!!
WHY U HAVE ILL INTENTION LOH...!!
AN EYE FOR EYE LOH....!!