Ever red congrates stock raider for losing big time, see management also know hevea is much better, ROE, net cash all better, stockraider only raids stock and sulk in losses HAHAHA
Congratulations to Hevea shareholders! We have a strong qtr result already. The management of Hevea has done really great job & this will ensure a better long term prospects of the company.
Our cash has jumped to RM 128,443,000 while total debts are almost unchanged at RM 15,489,000 which is a good thing maintaining a near zero gearing. The cash hoard is substantial enough to offset all "debts" or even "all liabilities" which still could end up "RM 112,954,000" and "RM 35,325,000" with Net cash respectively.
Just as I expected and opined long ago, the RTA segment is the "star-performer" contributing 58% of overall revenues while the rest with particleboards in 2016. You compare these figures with previous year 2015 segmental revenues it was 56% and 44% respectively. RTA is the key segment that propelled Hevea's business to new heights due to its highly customizable nature and higher profit margins with at least double digit growth.
A lean towards the RTA segment is necessary to maintain the profitability of the company so the expansion plan on the land right next to the current facility is most suitable and cost-effective so any premium is accounted for.
Hevea will definitely fly tomorrow. Grab Hevea-WB as much as you can in the morning as it's in negative premium which will generate a good return for you.
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....
nich0las
2,787 posts
Posted by nich0las > 2017-02-23 17:54 | Report Abuse
Evergreen QR so so only, habis hevea.