@Specter u don't have to be too mindful with troublemaker. We are witnessing a rebound so be patience to prove them wrong. The Feb month recorded highest ever export numbers across all exporting sectors in multi year high!
Singapore, China and Japan are always the 3 main exporting markets for malaysian exporters. Looking healthy to me. For Hevea, the China & Japan are its largest export markets for particleboard & rta furniture respectively. Do ur homework.
Share facts and news. Not about personal fear and non factual pessimism. Decide what is ur tolerance risk and investment time frame. For value investing, fundamental up until now is intact. It's either cut loss or buy on dip. It has good PE with decent ROE and ROI as compared to its peers
its 2 different industries INARI(Tech) vs Hevea( Ind Prod). Hevea til date has good quick ratio at 2.57, Low Debt to Capital 0.0373, acceptable price to cash flow ratio at 6.82 and net income growth rate over 5 years at 89.5. Its fundamentals are intact, and good as compare to its peers. If one is a short term traders, this stock may not be for u as it is trading sideways. Decide ur risk appetite and your investment time horizon.
dear specter. Let us not downgrade ourselves to his thug life level. Lets share valid facts and evidence among ourselves, be it good or bad. With more information, we can make objective decisions either to hold, to buy or to sell.
He declared himself is an underdog who would make 8 figures from hevea downfall. He means in Rupiah currency He can dream harder everyday while I'm accumulating. Isn't he said hevea no good? So why again he mentioned he want to collect at cheap? lol
For those new comers who don't know Saltedfish,he is a low life thick face liar and was humiliated few months ago when he said Hevea will collapse,bla,bla,bla but nothing happened,now he comes back to make hinself a laughing stock again,pity his familly,I advise him to go seek treatment asap.
market so green, positive with momentum! most my friends easily make >50% profits with government linked shares. and I'm stuck here with all fighting comments and some Hevea share. * Don't get me wrong, it's a good company (fundamentally), but share price declined in good time just put me down* :(
kokobang..i've once stuck in pohuat for years..waiting it comeback to my par price.. i understand what you feel.. yes, hevea and pohuat are a good fundamental stock. but in reality, we want to gain profit. i realize that and get out from pohuat..although weeks after that, pohuat shoot up again to almost as par as my initial bought price..
Haven't you learned your lessons from the past already? Better for u to hold or even add up any lower since it pays good dividends for u to be patience.
To be exact, hevea declares dividends at every quarter announcement. It earns averagely RM 20m+ of net profit per qtr and has over RM 128m+ cash balance now. If next 4 quarters add up already estimated RM 80m+ net profits or even more. Sustainable mah...can even spend on more dividends payout and other expansion programmes.
Sooner or later they gotta stop manipulate. Can't manipulate stock price forever along with regulated short selling which is just an opportunistic mechanism. As long the fundamentals remain intact, the only way to reap bigger gains is to buy and hold, NOT short-selling. Strong export data in the news have suggested higher probability for Hevea to post higher than expected qtr results next month. What are u waiting for?
specter,if no one sell,syndicate/operator will continue to press down price until they accumulate sufficient stocks,they don't manipulate share price for nothing,their goal is to make money eventually,so if you think this is price manipulation,they have to push up the price later to gain profit,the problem is whether you have the patience and guts to withstand this kind of price manipulation.
Reason could be they haven't collect enough so they want to create pessimism or panic so more holders will sell theirs. Best strategy is to not sell yours but instead add more at any lower price and hold onto to it since Hevea pays dividends every quarter now.
I do notice there is no regulated short selling (RSS) since 04-April. Here is a list of it:
Date /Long Name /RSS Value (RM) /RSS Volume 04/04/2017 /HEVEABOARD BHD / 417,400 /300,000 03/04/2017 /HEVEABOARD BHD / 282,000 /200,000 24/03/2017 /HEVEABOARD BHD / 144,959 /101,600 23/03/2017 /HEVEABOARD BHD / 535,201 /365,500 21/03/2017 /HEVEABOARD BHD / 7,497 /5,100 15/03/2017 /HEVEABOARD BHD / 578,096 /386,200
Price range on 15-Mar is between 1.47-1.51 roughly set 1.50 as opening price. So from 1.50 it descending to 1.30 is a -15% discount. Notice most RSS activities are usually started 2 months before next Quarter report is to be released. Chances are the one(s) who used RSS to push down the price is preferring to collect at current lower price.
Farge168, I'm still adding more so any lower doesn't affect me. Export data have suggested a high chance of strong results for Hevea's Q1FY17 to be announced next month.
As we moving on then we'll know how low they want to drive down the price. Looking at technical, it's now in its 8th week of red weekly candlestick bar being oversold and ripe for a rebound.
Farge168, there is the possibility of that but the sell queue is "thin" and "lean" today. Could be they running out of shares on hand or most borrowed ones being returned back to the stock lenders.
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....
heng0202
983 posts
Posted by heng0202 > 2017-04-16 19:03 | Report Abuse
hevea also scare many ppl run already