Its like saying tomorrow going to rain everyday. Eventually, one would get his prediction correct. It's funny for someone who has so much negative view on HEVEA to keep appearing in this thread
The highest close was 1.42 after recent rebound, today's 3 cts down mainly due to overall bad market,why so pessimistic?What is the nonsense of waiting for another wave?Monday will go back to 1.40 level again!!
Cash : 71.93 Mil (Huat!) Short Term Loan : 6.83 Mil Long Term Loan : 6.49 Mil Current PE : 8.73 (Good) Profit Margin% : 15.510 (Good) Debt to Cash : 0.190 (Super Great!) ROE% : 19.27 (Good) Dividend Yield% : 3.310 (Great!) NTA : 0.830
Problem is as MYR strengthens Hevea might be losing its edge. Anything above RM4.20 is still considered good...but the Ringgit has gone to RM4.27 now and it's getting ever closer to RM4.20...
Fed likely to raise interest rate in June,USD will get stronger by then.In addition,Trump also plans to sell up to half of U.S. oil reserves and this will weaken RM against USD.
@ShareRich, to clarify I'm not being selfish and hoping for USD rise. Heck no. I buy stuff from Amazon occasionally so a weak USD is good. But I think for the general well-being of the country and balance between cost of living and exports/manufacturing competitiveness, ~RM4.00-RM4.20 seems like the best trade-off between the two. RM4.50 was too high for cost of living. RM3.30 did no good for our export competitiveness.
And it is a nessacity...consumers must buy...fishermen are stop fishing in this month..Ramadan month and following month is Hariraya month...Muslim are non stopping eating chicken everyday.
Bunny, actually can buy now, by factor in 2.5cents dividend (will expire in 2 weeks time) the price is only at 1.355. Estimated annual dividend at 5cents, then the dividend yield will be at 3.70%. Company in net cash, China and Japan currently blooms in "1 belt 1 road" vision and Oplympic 2020. USD/MYR still >4.00. So no fear to hold Hevea. Maybe it is not a explosive stock but still can hold tight and sleep nice everyday.
Guys, check out buckbunny comment box. He tells people to jump ship but he is always here. I can't help but think this guy is out to buy into people's fear and you know what Warren Buffett says when people becomes fearful...
Niki, possible that MYR will strengthen over USD? Probable but not possible. Besides, US announced will job employment up. Another point is Malaysia Election is coming, often this is where stocks becomes a bargain
Bunny, share price up very good. Share price down ver lousy. You should buy linear uptrend shares. What this means is draw a horizontal straight line going upwards. Only thing is that doesn't exist..hmmm
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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....
Farge168
861 posts
Posted by Farge168 > 2017-05-25 14:55 | Report Abuse
"kick" lai liao!!