Why bursa suka-suka introduce short selling, but it can suspend it when it likes. This gives people think bursa itself manipulate the market to it advantage. Malaysia is not a free market.
New human resource minister said want to reduce dependency of foreign workers. I doubt about management's statement that hoping labour shortage issue will be solved soonest.
Next round continue new plant manufacturing process not optimised due to shortage of labor. Tired of the repeating reason. Or perhaps, no customers for mushroom or no labour for mushroom plant??? Wtf! Hire local? At least do something about it!
MR YOONG HAU CHUN , CEO. A nice guy. Either you invest or don't invest. Don't need to slander. If you have evidences, pls report to MACC or police immediately.
Aiyoo...few Insiders are supporting the market price n the CEO also bought. Who are we outsiders to know more than them, of their business model. Just relax n buy on more weaknesses. GL.
Previous QR comments from mgmt: The shortage of workers at RTA sector is currently being resolved, the Group should be able to manage the challenges ahead.
The shortage of works issue is coming back on this QR again. Why this is not consistent? The mgmt should explain this. ;(
Ya, Hevea dropping selling price of particleboard in Q2. They were reluctant to drop price in Q1, that's why their Q1 particleboard sales was low. But if Q2 drop price also should mean bottomline impacted with margin being squeezed. By right their furniture segment should help in such situations as particleboards are more price sensitive. Hopefully they can resolve their labor issues in their furniture segment.
Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of HeveaBoard Berhad (“HeveaBoard”) is pleased to announce that HeveaBoard has on 8 June 2018 incorporated a new subsidiary namely, HeveaBoard Eco Panel (Haimen) Co., Ltd.
Please refer to the attachment for further details.
China market contributes almost 50% of Hevea Particleboard revenue. And Hai Men Nuo Deng Decorative Panel Co Ltd is wholly owned by Mr. Ye Jian Bing, who is the substantial shareholder of Shanghai Jie-Tian Decoratial Co Ltd, a distributor with currently imports products from Hevea.
With the registered capital of USD20mil (or RM79.6mil), they intend to set up a decorative panel processing plant in Haimen, Jiangsu to serve the China market. In the long term, Hevea can save the distribution & transport cost, lower the material cost and fasten the delivery cycle to end local customers.
Pls rmbr this key person name: Mr. Ye Jian Bing (叶建兵), below link is his interview:
BTW...I presume their collaboration with Chinese counterparts will bring more benefits n the operating functions Must be fully automated, moving into Industries 4.0. 4th industrial Revolution. TQ.
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....
free2invest
1,748 posts
Posted by free2invest > 2018-05-25 23:40 | Report Abuse
Many trapped by pump and dump in these few days. Authority should investigate.