Hevea board was anti water due to make by rubber wood, usually they sell to consumer in China with better profit margin compare to local make in China wood
Hevea has net cash position rm 84 million as at 12/2018. paying 1.4 sen to 560 mil shares cost rm7.84 mil. 84 mil can last 10 quarterly pmts! Hevea remains profitable despite challenges, dividend pmts of 1.4 sen is sustainable, in the foreseable future.
@klchai123 Be confidence to your own TP RM1.00 by Year End. Don't let Research House to undermine your intelligence. Am I right !!
If not mistaken you are "Black Blue" Eye fans, then you can sell Hevea already.. ha.. ha..
DualShock is continued to grow more & more Mushroom here. Dividend Yield will be getting more & more attractive starting FY 2019.
@Cashrich no need to imagine, HeveaBoard sure can reward shareholders more Dividend moving forwards especially HeveaBoard is continued to perform "Reasonably" well. That is the message from YHC - Group MD.
The advantage of a Cash Rich position company & also higher profit margin than its peer company.
Mushroom average selling price RM11-14 per kg is much higher than I tot.
No Dividend DualShock is willing to take Mushroom as Dividend ha..ha.. bcoz DualShock found some "Pasar Malam" selling grilled Eryngii Mushroom for about 180 gram at RM10.
Easy math say we get Eryngii Mushroom at RM14/kg & we can convert to almost RM55 Revenue with profit > 250%. So Eryngii Mushroom as Dividend is much better, right.. Ha.. ha..
@dualshock I also saw in pasar Malam however the grill mushrooms is from Taiwan but Hevea mushrooms I found was fried type. @dualshock so confident that YHC (group director) will fulfil the promise? But the thing I confirmed was their dividend policy was at least 20% and fy2018 dy >30% But I also agree with u those research analysis was not up to date, they like to use old data but not future prospects.
@ dual shock@cashrich, analysts are recruited based on class room performance. they might have scored distinction in Investment exam, but in real life,they could suffer from extinction in stock mkt. that's why they prefer employment as analysts...
@888newbie. actually 38 million shares in mbsb instead of 40 million shares. i went beyond to assume if the proposed 5% dividend is reinvested, then it will nonetheless hit 40 million shares.
@klchai123 you really a big fans of Coldeye.. ha.. ha.. but is seemed you still like Mushroom.
@Cashrich at least with 50 Giant Outlets on board, it is quite comfortable to confirm Heveagro can now work to meet Phase 1 Production Target starting in Q2.
@Cashrich do you know why I prefer Mushroom as Dividend, I prefer HeveaBoard continue to use its Free Cash Flows to re-invest in its Biz.
Factory Automation is pretty important aspects to avoid any future Labour shortage issues.
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....
Waterflea
72 posts
Posted by Waterflea > 2019-04-18 17:26 | Report Abuse
Wow crazy. Usd to myr 4.16.