Congrat Hevea Shareholders, your patient has rewarded accordingly. More upside is coming soon, SKY IS THE LIMIT. Quarter 3 result definitely will improve. Let cheer and wait for next dividend announcement. Hopefully can declare 0.025 above will be best~~ ^^
Still soaring like an eagle. My first prediction of a 15% upside from 1.30 has been achieved. Now we're waiting for more info on that new venture to boost stock price further.
The public is keeping up with the "Just Do It" attitude. Since there are more analysts coverage reports on Hevea for these past few days, how much more extra money that fund managers are pouring into Hevea?
Hevea free float is about 72%. No wonder if any good or bad news, share price fluctuation is very high. Anyway, long term investment shouldn't be problem for this counter.
Trust specter and farge168,they told you to hold on and continue to accumulate when price plunged below 1.30,did they bluff you guys?Now that they said price will eventually reach 1.80-2.00,I strongly believe if you can wait,it's a matter of time only.Keep holding is much better than jumping here and there,when you come back half a year later,you'll surely regret why sell so early.
I'm looking out for Hevea to attain a RM 1 billion market cap @ RM 1.86 based on current outstanding issued shares before anymore conversions as of today.
My prediction of 15% upside is officially realized from 1.30-1.50 for first upward surge. Second wave will be supported by near term catalysts as mentioned which will add another 24% upside from 1.50-1.86 to achieve RM 1 billion market cap mark.
15% + 24% = 39% in total (*Quite reasonable for an investment less than a year performance)
Hevea is considered one of the best furniture stocks though, and besides their focus is different from most of the rest. The best is yet to come from Hevea, that much I see certain. But in the near term there could always be a correction to ~1.42. No issue though,see the big picture. RM1.80 by year end.
The divvy yield of Hevea is roughly 5%, which is quite high for a stock. Hevea definitely worth a lot more than it's current value, as long as they increase their dividend.
Some may question the amount of free float in Hevea, causing price volatility. But I actually prefer it that way, and at least it doesn't have bazillion amount of shares.
And remember, and remember this well - Capitalism is all about liquidity. Without liquidity, share of a company will meltdown when it crashes. Imagine one chunk of shares sold may down 5-10%, that'd be a disaster.
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....
liliz
15 posts
Posted by liliz > 2017-07-04 16:49 | Report Abuse
Yes finally pass 1.5