Hevea hugs together die, tomorrow red red prosperous already! The insider say profitable, earn RM1,000 also profitable. Just that it is 1 in face of announcement.
Omginoob, dow up, tomorrow will be green ! By the way, mushroom only consist of 5% revenue. US dollar keep rising at the new high and has improved the export profit, this is where the profitable come from. Expect US to raise interest next month.
Actually the information that we saw is managed by the investor relation team in Hevea. Have to really scrutinise the management when comes to AGM. Of course MD and his sister seem to be honest.
I doesn’t understand the management explanation for the reduced performance. They say revenue fall due to the weak Malaysian ringgit. Hello, I thought Hevea 90% of earnings were in USD. Is management making stupid stories or what? Who is lying?
Suddenly this seems to have become an overvalued company (P/E 18!). Oh how to mighty have fallen. Want to by also am scare. I sell last year, keep waiting when to buy. Plus very obvious management has cheated us on the mushrooms....RM10mil revenue per year...pui!
I mean if Hevea is gonna be earning just 7 figure net profit per quarter going forward then trust me the true value of the stock is closer to RM0.40 than RM0.80!
Particleboard Manufacturing Sector The revenue and profit before tax reported for this period decreased by RM31.17 million or 18.21% and RM18.38 million or 63.56% as compared to the same period last year. The lower revenue and profit before tax were mainly due to the soft particleboard market sentiment caused by the trade war between USA and China, weakened USD/MYR exchange rate and the increase in raw material cost during this reporting period as compared to the same period last year.
RTA Manufacturing Sector The revenue and profit before tax reported for this period decreased by RM57.97 million or 24.07% and RM26.34 million or 97.26% as compared to the same period last year. The lower revenue and profit before tax were mainly due to the critical shortage of foreign workers during the period and had resulted in higher operational costs as optimum production capacity could not be achieved and firm orders not met. In addition, the weakened USD/MYR exchange rate had also impacted the revenue and profit during this reporting period as compared to the same period last year.
Fungi Cultivation The revenue and loss before tax reported for this period were RM0.24 million and RM1.11 million. The low revenue and loss before tax were mainly due to the start-up cost and the commercial harvest had only commenced in June 2018.
Prospect for the current financial year The global business environment is currently challenging due to additional particleboard capacities coming on stream and the macroeconomic condition is also highly uncertain with the trade war prevailing between US and China. The Board is however of the opinion that with the particleboard sector continuing to focus on developing higher value products, better managing cost and efficiencies, the Group should be able to manage the challenges ahead.
As for the RTA sector, labour shortage issue is now resolved and we hope to be able to get back to our desired momentum soonest.
Dividend A Single-Tier 2nd Interim dividend of 1.2 sen per ordinary share in respect of the financial year ending 31 December 2018 is declared on 22 November 2018.
Don't think so will go to 0.40. More probability is 0.785-0.79 then after will rebound again to 0.81-0.83. Fungi Cultivation just started and RTA sector will be good in next year.
hevea is d worst among 3 of them so far, no idea on evergreen until they announce their result...bt feel lik it wont b a good result as well, tis is what feeling furniture sector gv me now
Time to buy but at right moment. HeveaBoard’s 9M18 core net profit of RM7.0m (YoY: -85.7%) came in above our but below consensus estimates, accounting for 84% and 50% of our and consensus full-year forecasts. For proper analysis & TP whp 601157940369 to join my group
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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....
Cockroach Paul Lee
688 posts
Posted by Cockroach Paul Lee > 2018-11-21 10:15 | Report Abuse
Q3 coming , dividends coming , 7% dy ......company growing .....no worry, stay