Posted by specter > 2017-05-12 10:11 | Report Abuse

Bullhunter can continue to dream lol no stocks on hand better mouth shut

Posted by gogogogo > 2017-05-12 10:54 | Report Abuse

horray loser salty is here..heard that this salty lost kao kao in btm..still got face to come

Posted by ShareRich > 2017-05-12 13:49 | Report Abuse

Those who bought at this level,need not worry,downside is limited,anything lower than 1.30 are best buy,so grab this opportunity to accumulate quality high dividend stock and expect possible bonus or splitting as well.

Posted by specter > 2017-05-12 15:07 | Report Abuse

Heve is largest RTA maker in asia with double-digit profit margin growth. Hold it for a year later, your invested capital sure appreciate along with dividends payout every quarter. Accumulated more! 1-2 weeks to go.....

Posted by specter > 2017-05-12 15:12 | Report Abuse

Wrestle & pumping.....hehe

Posted by specter > 2017-05-12 15:30 | Report Abuse

There are different techniques when u fishing for grouper or snapper. Whichever as long fat fish is caught. I usually throw salted fish into toilet bowl and flush after I've dumped on it lol

Posted by sasword > 2017-05-12 17:08 |

Post removed.Why?

Posted by husky88 > 2017-05-12 18:57 | Report Abuse

Kikiki. Fund throw habisss lol

Posted by buckbunny > 2017-05-12 20:04 | Report Abuse

Hevea is a dying stocks.See buy Inari is much better.

Posted by dxmovie > 2017-05-13 10:56 | Report Abuse

Lets wait for the results... Holding it tight

Posted by yfchong > 2017-05-13 13:39 | Report Abuse

lets have kit kat bar...

Posted by yfchong > 2017-05-13 13:40 | Report Abuse

n eat gourmet mushrooms

Posted by ShareRich > 2017-05-13 21:59 | Report Abuse

If it can rebound from 1.05 to 1.58 previously,with last quarter record high profit and ever increasing net cash in hand now,I see no reason why it can't rebound this time around,it's a matter of time thing.

Posted by nikicheong > 2017-05-14 01:35 | Report Abuse

If ROE is sustained at 20%++ won't the P/BV catch up eventually...making this stock undervalued?

Posted by nikicheong > 2017-05-14 02:22 | Report Abuse

Guys, is there a timeline for the expansion of the RTA HeveaPac manufacturing facilities? I can't seem to find this info any where.

Posted by nikicheong > 2017-05-14 02:30 | Report Abuse

Similarly, for the third line production facility for the particle board, is there any news on when it is due to be commissioned?

Posted by specter > 2017-05-14 08:32 | Report Abuse

Not for poor people like buckbunny and saltedfish. If no money better go elsewhere invest your small money fund but remember don't pawn your properties to play in stock market...very dangerous can cause u to go bankrupt and divorce. I'm sorry for you buckbunny, have u settle your divorce or alimony commitments?

Posted by nikicheong > 2017-05-14 16:28 | Report Abuse

I am so saddened people put up collateral to effectively gamble on the stock market. Even the biggest pros such as Graham, Buffett and Klarman do not play with margins and collateral. Only invest into the stock market cash that you have/own/possess. So sad to see lives ruined, but they deserve it...nothing else to say. Greed is the downfall of mankind.

Posted by saltedfish > 2017-05-14 19:27 | Report Abuse

No elephant task from the dog's mouth

Posted by Darevil > 2017-05-14 19:47 | Report Abuse

Pot calling the kettle black....

Posted by specter > 2017-05-15 08:14 | Report Abuse

Loser like saltedfish has no money to buy or whatsoever. The only thing he can do is badmouth Hevea.

My advice to saltedfish is...if u have no sufficient money, better don't play in stock market. Go elsewhere safer to invest suit u better. Amateur lol

Posted by specter > 2017-05-15 08:26 | Report Abuse

Yesterday I went to Giant hypermarket and saw Hevea's products filled the shelves of the RTA department. I bought one of their small cabinet with a drawer costs me RM50 and I inspected it. The quality is very good and sturdy. It's a particleboard constructed materials very fine & hardy but I still haven't assemble it yet.

From what I see, almost 60-70% are Heveapac's products in compact boxes filled Giant's shelves in the RTA department. I asked the staffs and they told me Heveapac RTA product sales are good and re-stocking fast each week from their distribution centre. Citing the affordable pricing and good quality as the 2 main reasons contributing to the good sales. U guys can go and check it out.

Posted by buckbunny > 2017-05-15 10:32 | Report Abuse

buy Inari better,,iPhone 7 is selling good also,hence good quality,,iPhone 8 is on the way.

Posted by buckbunny > 2017-05-15 10:34 | Report Abuse

http://www.investors.com/research/ibd-industry-themes/best-iphone-8-chip-plays-broadcom-cirrus-logic-skyworks/

Posted by yfchong > 2017-05-15 11:55 | Report Abuse

small cabinet bought for 35 2 years back at aeon bog

Posted by yfchong > 2017-05-15 11:55 | Report Abuse

big

Posted by yfchong > 2017-05-15 12:19 | Report Abuse

die liao.........

Posted by nikicheong > 2017-05-15 12:19 | Report Abuse

Spector, is that under the Kreakids brand or something else?

Posted by yfchong > 2017-05-15 13:14 | Report Abuse

buy biuy buy

Posted by Ezra > 2017-05-15 13:15 | Report Abuse

@nikicheong - Once the new line is constructed, most likely the BV will catch up.

Here's some tips from me, P/BV isn't necessary a good measure of every stock.
Let's take an example, PBV isn't good in measuring technology companies or direct selling companies, this is because the bulk of their income doesn't necessary generated by assets, as they are assets light.

In Hevea's case, I think PCF is a better measure of it's value.
If you want to invest in BV, you need to check out the what are the compositions, the state of the asset, the depreciation rate, etc.

Posted by specter > 2017-05-15 13:19 | Report Abuse

I just assembled it under 25mins. It's a small cabinet with 1 drawer and it's under Heveapac brand. Some of the RTA items sold in Giant are under Bocowood which is also under Heveaboard but mostly are Heveapac on the shelves.

I'll contact KreaKids and check to see how fast and easy to order their Kreakids products later.

Posted by Ezra > 2017-05-15 13:21 | Report Abuse

If i remember correctly, I think the construction of the new line is around end of this year iirc.
I remember seeing it in the AR, you can try check again.

Posted by specter > 2017-05-15 13:22 | Report Abuse

yfchong, no point u keep badmouth Hevea. It's selling direct to consumers and widening its outreach. I've interested parties wanting to setup a distribution centre...in progress.

Posted by specter > 2017-05-15 13:24 | Report Abuse

Ezra, in my opinion the branding is becoming more valuable than Book Value alone. So u need to consider that as well and not just tangible values.

Posted by Ezra > 2017-05-15 13:34 | Report Abuse

Yeah, it's true. But branding falls under moats, and we're discussing on metrics so it's kinda out of the discussion.

Posted by Snoopy仔 > 2017-05-15 14:15 | Report Abuse

Today there is another 80000 shares exercise of warrants at 0.25. Once director all conversion is done, the share price will fly. Please wait patiently. Good stock always need patient to hold.

Posted by Farge168 > 2017-05-15 15:15 | Report Abuse

As the latest quater report approaches,many speculators will turn out to buy,hoping for quick gain.So,those who want to sell,hold your horse,it will go back to 1.50 level when it draws closer to report announcement date.Good luck,guys!!

Posted by Knownfact > 2017-05-15 15:17 | Report Abuse

Although over the short term Mr. Market may
price stocks based on emotion, over the long term
Mr. Market prices stocks based on their value.

Posted by specter > 2017-05-15 15:22 | Report Abuse

Value metrics all superbly strong. So no worries on that side. Now the main focus is the execution and deliverance!

Posted by specter > 2017-05-15 15:28 | Report Abuse

If not interested and not confident or no money to invest, I suggest some idiots to park your money elsewhere...Hevea is not for speculators or naysayers. The company is doing very strong business and expanding market presence in more places. More not less.

Posted by Farge168 > 2017-05-15 15:59 | Report Abuse

specter,we must welcome speculators too,the more the merrier,we need people attention to push price up,this is stock market all about,cheers!!

Posted by Mohd Iqbal > 2017-05-15 16:25 | Report Abuse

when is the 1Q report due? Need the report to push up the price

Posted by specter > 2017-05-15 16:37 | Report Abuse

Lol the annoyance of naysayers really test EQ tolerance. It's all good...my confidence is very high while knowing the bright prospects of Hevea.

Posted by buckbunny > 2017-05-15 17:56 | Report Abuse

laosai stocks.

Posted by Dylan Yong Hua Tai > 2017-05-15 18:51 | Report Abuse

Just wait and see.... those badmouths actually are those willing to buy Hevea at lower price. Look at today transaction, the operator is collecting at 1.29-1.30 region. If Hevea is really bad, then no need to waste time here to voice. My target this round is at 1.55 region, 2.5 cents dividend is on the way. Estimate annual EPS will stay at 15cents, and with 30% dividend policy will be 5cents of dividend per year, is about 3.8% as per current price 1.30.... company having good cash flow, net hand in hand about 16cents per unit share. USD /MYR still >4.20, Japan Oplympic 2020 is on the way, China new vision of One Belt One Road ......all these event are good to Hevea in future 5 years. So, good or bad just need wait and see.

Posted by Dylan Yong Hua Tai > 2017-05-15 18:53 | Report Abuse

* typo... "net cash in hand..."

Posted by nikicheong > 2017-05-15 19:46 | Report Abuse

@Farge168, I just came in today. Queued at lunchtime at RM1.30 and got my order filled at RM1.29. I must say that the impending QTR result did play a role in me coming in to Heveaboard, but it's only because I also have found a relative margin of safety for myself. Sure there I see an element of trying to make large gains in the short term, but I'm in for the long term. So far in my life I have bought six companies...I've not sold out yet. I went through Heveas annual reports, quarterly explanatory statements and news clippings. I looked at their financial situation. I feel comfortable. The risk seems to be a strengthening ringgit, but I think so long it stays above RM4 there should be no issue.

Posted by nikicheong > 2017-05-15 19:49 | Report Abuse

@Ezra, I find book value to be a good measure. I compare it to ROE. When book value lags ROE I see a potential mispriced security. P/BV for Hevea is 1.54 but the ROE is at ~20%. By right if ROE is sustained at 20%, the P/BV should be at ~2.1X.

So yeah that was the preliminary reason I started looking at Hevea. I bought in with the added Catalyst of near term price reversal given that quarter results are around the corner and I think it should be a good one.

Posted by nikicheong > 2017-05-15 19:56 | Report Abuse

Some qualitative aspects that made me invest in Hevea:

- According to 2016Q4 results, Japanese RTA demand peaked later. This means there should be a spillover of excess demand into 2017Q1 relative to same quarter last year.

- In 2016Q2 one of the particle board production line was offline. This means 2017Q2 has a good chance of beating last year profit and revenue.

- In 2017Q2 a third line with extra 10-15% capacity is due to be added for particleboard. Added with the above points this could mean record revenue for 2017Q2.

- Expansion of RTA is underway. Bought new land. Fruits to be seen next year. Could lead to an expansion in ROE

Those are some additional reasons that mad enough me comfortable in investing in Hevea. I intend to stay for the long term but if the market runs ahead of itself and Hevea reaches RM2.20 by year's end I may take profit.

Posted by Ezra > 2017-05-16 05:01 | Report Abuse

@nikki - It's alright. As the investment adage goes: "Valuation is more of an art than a science". No right or wrong. Different people has different strategy.

Just out of curiosity, I'm trying to understand your thought flow but I don't quite get the logic / calculation behind it. Please let me hear your thoughts about it.

1. I don't understand why would you link ROE with PBV. These are two different thing.
- ROE defines how much company is generating income from it's equity. NPM x AT x FL.
- PBV is how much the current price is measured against it's tangible assets.

One is efficiency ratio, the other is valuation ratio. How does they link?


2. I don't understand why would you want a PBV of 2.1x? In valuation, we want the lower the better. Graham advocates not more than 1.5.
Even ROE is at 20%, if PBV is at 2.1x, it pretty much indicates overvalued.