Next year's growth will be ignited & fueled by 2 main catalysts. First catalyst is the new factory for the RTA division after RM 37.5m capex is spent this year on it that boosts new furniture products mainly for Japanese markets & Japan Olympics 2020 with even higher margins. This is being told by MD Yoong. Secondly it's the RM 10.5m capex spent for the new mushroom venture that could bring up to RM 10m revenues in the first year of production which will commence production in Q1 2018 with initial 3 tonnes per day and additional 3 tonnes mushroom production capacity in place as required. So shareholders are being assured that Heveaboard's next year growth will be sustained and improved by these 2 key catalysts.
Priced at RM 1.72 the market cap has reached RM 930m just RM70m shy away from the RM1 billion mark! Can still be considered one of the best performing under a Billion Ringgit growth contender of the year.
HLIB also had a comprehensive coverage. Refer to the initiation report. Initiation reports will always have the full meat, subsequent company updates or quarterly result updates are just one page write ups with two pages of forecasted figures.
Well consolidate Hevea information covered by HLIB.
We can foresee Hevea in the next hidden gem till 2020 with a dividen payout average 4% + capital growth.
I believe directors, fund managers, cold eyes and FA all foresee the potential of the counter. Purposely pressing down by Robertzai and management to collect low. Warrant conversion to mother share.
For now, we are happy and ride with them together. We are going laugh to the bank for sure.
con-stockraider: this company con your money, bought expensive land, poisoned mushroom.... saltedfish: where got company can repay half billion of debt in short time, run before too late..., and bunbunny: time to jump ship..... why three of them are disappeared now..lol...
A promising run up performance. We've witnessed close to 40% appreciation under 3 months tenure. The figure has not accounted the dividends received and forthcoming ones.
Despite the recent rally, JF Apex Securities has advised investors to accumulate HeveaBoard Bhd shares as its target price has been set at RM2.12, given its sound fundamentals with a three-year compounded annual growth rate (CAGR) of 53.1% in its headline net profit from 2013 till 2016.
JF Apex has given a “buy” call on HeveaBoard in its initiation report yesterday.
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....
specter
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Posted by specter > 2017-08-03 10:04 | Report Abuse
Next year's growth will be ignited & fueled by 2 main catalysts. First catalyst is the new factory for the RTA division after RM 37.5m capex is spent this year on it that boosts new furniture products mainly for Japanese markets & Japan Olympics 2020 with even higher margins. This is being told by MD Yoong. Secondly it's the RM 10.5m capex spent for the new mushroom venture that could bring up to RM 10m revenues in the first year of production which will commence production in Q1 2018 with initial 3 tonnes per day and additional 3 tonnes mushroom production capacity in place as required. So shareholders are being assured that Heveaboard's next year growth will be sustained and improved by these 2 key catalysts.