Bunny,be patient lah!We keep on waiting,buy on weakness,as long as company continues to make profit,that one day sure will come,BE PATIENT & WAIT,don't give up,drop we buy more,ok?
free2invest, yes I knew that indeed but I'm still adding more if it goes any lower/cheaper because I know the probability is high that its Q2 and Q3 for 2017 are going to beat last year's ones RM 15.161m and 17.233m respectively. So this ensures my utmost confidence that the share price will rally upon that.
These are the latest outstanding balance of issued mother shares & corporate warrants. HEVEA: 539,416,390 HEVEA-WB: 29,010,274
Upon full dilution after conversion of all remaining issued warrants, there will be a total of 568,426,664 mother shares.
29,010,274 / (539,416,390 + 29,010,274) = Only 5.1% dilution effect!
You can see that the full dilution effect is only minimal at 5.1% which is yet to complete its course. So if the company earns quarterly NP of 20m, with full dilution effect only end up with RM 1m reduction only. That will not have sudden impact on earnings because the remaining warrant conversions are taking place progressively until its full maturity on 01/03/2020.
Agree with you Specter. I'm confident that the average Q profit be at least Rm25m, making 100m for the year. Divided by 568m, we're looking at EPS of 17.6. At 1.33, the PE = 7.55. Very much undervalue
This counter is highly manipulated and controlled,make sure you have VERY good patience and willing to wait long time before you buy,my advice so that you don't lose money.
Let them shout out negativity because they have personal agenda & frustration of their own while I'm enjoying safer & steady refuge under a solid growth company. Receiving second tranche of dividend payment on 29/06 and another 2 more this year. Be a winner and only losers will whine about their best. Lol!
Fed just raised 25 bps and confirmed 1 more hike by end of the year. That helps a lift on the USD somehow sparked an intraday USD rally.
In M'sia, the election is looming and there are more revelations of corruption & prosecutions within. The US DOJ just filed another civil suit & seizing more assets linked to 1MDB. These obviously will not bode well for the MYR therefore I reaffirmed that the "Export-theme" equities will experience another rally this year. Buy export counters especially those able to reap in double-digit profit margins growth such as Hevea.
I think its undervalue... Most businesses go through business cycle. fundamentals and the underlying business are still strong. The business is doing well considering the economic downturn.
The 1MDB saga is spiralling out of control recently in these few days and it is going to get uglier as it progress. If the political outcome gets uglier, this alone will trigger the heavy selloff on the Ringgit once again. Stay invested in export counters especially those companies which posted stronger gains in recent quarterly results.
Steadily receiving Hevea's dividends while waiting for share price appreciation. Win-win situation. Next 2 quarters should be posting better y-o-y profits on Q2 and Q3.
Why today's KLSE dropped, while most other Asia and Euro markets up a lot? DOJ's suit affecting it? Foreign fund no confident and out? If yes, it may take at least few months to recover.
Today KLCI just hit a high of 1,797 pts which is at the last leg of resistance fib level on the upward retracement on recovery from previous 3 years slump. This is by far the highest now in 2 yrs today. Many profit taking transactions especially in large caps and bluechips in the past few days but many still buyback and that shows the level of optimism in local bourse. Undeniably Malaysia's economy has strong fundamentals with steady & better growth rate than many other countries. Inflows of FDI have confirmed especially due to weaker exchange rate and sustaining policies. Too bad the corruptions and scandals are the only obstacles to its full potentials. Those are just my personal observations.
That's why u must be thoughtful in your strategy. I see Ringgit trending lower since the 1MDB issues escalating. There is only one way out for that scandal and that will end up very ugly with election looming. When the RM collapse again, only exporters will gain the most! Plan well on your entry into those solid & steady growth exporter stocks especially those that have very solid balance sheets with lots of CASH and LOW DEBTS to withstand any shocks. Simple and neat.
Don't call me sifu. We're all still learning! even for any seasoned investors do failed at times.
Is there any appealing economic MOAT in general for plantation companies? Most are just competing by acreage output and being more efficient. Maybe u could seek those have appealing downstream businesses or patented products. Those that have an obvious edge over the competitors.
Honestly, I don't see much MOAT on plantation stocks unless those that have vast timber resources yet to be reaped. Too many companies competing for the same pie. Think of what will happen in future for these companies in the long term. Focus on business sense when selecting stocks. Doesn't have to be complicated.
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....
buckbunny
1,217 posts
Posted by buckbunny > 2017-06-14 13:08 | Report Abuse
see,,,buckbunny is right...last week jump ship.jump now before it is too late.