I'm so sorry that I've disappointed my critics today, I just managed to buy as much as I can while I hope they don't be sad so please cheer up lol :) and they say lightning won't strike the same spot twice. I give it a lot of deep thoughts.
my entry price is high, hve to let go first. will be bck again on weakness .. may down a bit due to over expectation.. once done price will escalate till next qtr..
Guys, when I look at the segmental results for Q2 alone, I get these figures:
Particle board:
Rev: 75,765 vs 52,432 PBT: 11,484 vs 6,696 (71.5% growth YoY)
RTA:
Rev: 77,557 vs 69,332 PBT: 6,495 vs 11,241 (42.2% decline YoY!)
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I would like some of your input on the above. Why two such divergent results? How come particleboard can grow so much (when you compare to Evergreen for example) despite all the cost pressure with raw materials but the niche for Hevea which is their RTA sector that they source raw particle boards in-house got so badly hit? RTA contributes majority of bottom line since past 2 years, but now all of a sudden particleboard contributes twice as much?
Surely there has to be a reason for this. Maybe some smart people can share their ideas.
The only thing that comes to mind is that the selling prices for RTA were not raised in the current Q in tandem with rising costs.
@niki we are not insiders. we can only derive reasonable assumption based on number. maybe its due to unsellable item stored temporarily in the inventory section.
Down little by little. We can't describe it as a good result as last year Q2, factory was shot down for about 2 weeks for maintenance while this Q2 did not.
Usd weaken to below 4.27, JPY strengthen, gold price breaks 1300, geopolitical tension increase as NK just fired missile to off coast of Hokkaido. Don't know is it worth to wait for its dividend?
@shyithyng this is where u are wrong. retailers only made up of 20-30% of the market. and out of these 30% how many percentage do u think surf i3investor website. and out of this percentage, how many percentage do u think get affected by comments and buy because of comments.
Lol whatever you guys talking about, hevea should be worth at least 2.40 taking into consideration dilution, inflation, future cashflow, and tangible assets,
With the issue of rubber and strengthen of RM, hevea still can give these results, later without rubber issue, and mushroom start kicking in, I don't know
Be patient guys, next few weeks/months likely the trading will be rangebound. Downside would be capped pending Q3 results. In the event Q3 results do not live up to the hype, only then will we see a mass exodus and a plunge in the share price. Till then, keep a look out on the big picture. Trading will likely be stuck between 1.60-1.80 till end November.
Bad news but he just sounds very diplomatic. Better to avoid over-confidence and then surprise on the upside. Sometimes they do this in the USA. But over the long-run, Hevea should be ok, so long the Ringgit don't strengthen too much.
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....
BearKiller
5 posts
Posted by BearKiller > 2017-08-25 15:29 | Report Abuse
My lord specter, our crusade will need more rations. Should we do proceed to plan C, D or E ??? Just a nod my lord