Well...still 'Lelong' price at present...@<0.90. We presumably take Hevea as zero or flat sales growth...at PE of 7.6x...well the DY itself is above 7.6%...TQ.
Alliance of Hope...I am proud to be Malaysian now, no more laughing stock...hope they won't be complacent n hope all Malaysian will be respected worldwide. TQ.
Oh...not important...there are time...you need to buy...there are time you need to sell...even holding 100% cash. There are very, very few fantastic stock in Bursa...time will tell who you really are...as you keep on trying to find, types of strategies...that really suit your character n temperament. Uncle Buffett is still one of the greatest...how about Graham...how about Soros...n Druckenmiller...I think I am a mixer of few strategies. Moving more towards Druckenmiller. Mind you, Cash is still the King... that's why Investing is very liquid...you can exit anytime...if you feel...it doesn't go on...n...on...GL... Patrick 13...n hope you find your true self or worth...TQ.
BTW... what's value or better still Intrinsic Value...???. You think some of those experts are 100% correct...??? No...how to define it...by Company financial numbers....still not accurate...how about good governance n IQ...how about...EQ...honesty, hard-working, kindness, empathy, n the list goes on n on. Intrinsic Value cannot be defined in 1+1= 2. It is more than that...so What is the actual value of HEVEA...I don't know...n...even Uncle Munger said he don't know. It is impossible to know the unknown... forward ahead, into the future...5, 10, n 20 years from now. So if you can fathom the unknown...then you are 80% ahead of others. GL.
KUALA LUMPUR (May 22): Hong Leong IB Research has downgraded the woodbased manufacturing sector to “Neutral” (from Overweight) and said that 1Q18 earnings will be weaker (both year-on-year and quarter-on-quarter) mainly due to (i) new implementation of foreign labour levy, (ii) rising crude oil price, (iii) stronger ringgit vs US Dollar, and (iv) long festive season (Chinese New Year).
In a note today, the research house said it removed its positive stance on HeveaBoard Bhd and Evergreen Fibreboard Bhd as the particleboard players are impacted by ongoing intense price competition.
“The higher packaging, coating and labour cost will also pressure furniture makers in the near future.
“In view of continuous hike in cost and slowdown in expansion plans in the sector, we downgrade the sector to Neutral from Overweight,” it said.
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....
omgimnoob
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Posted by omgimnoob > 2018-05-03 14:16 | Report Abuse
They never mention settled, only “being settled”