What I like about Hevea.. The CEO and management are always confident and posses never-say- die attitude no matter how worse the operating environment is. More importantly they are investor friendly. Their balance sheet is clean and lean too.
I just feel that things will not go wrong in their pair of safe hands.
From CEO Mushrooms been solved and production been stable RTA mainly export to Japan , China with very less percentage only Particleboards facing challenge since trade world. Dividend will pay out every quarter, average per year giving 22-28mil dividend and their depreciation is about 25-26mil per year therefore based on depreciation and already enough to pay shareholder dividend.
based on MISS YOONG LI YEN said mushroom hevea will be benefits during trade world. based on MR YOONG HAU CHUN said now got no production issue. with 7.xx% dividend vs current price, worth or not is subjective on u all.
They said Japan demand on rta keep increasing however particleboards facing China local challenge therefore right now they plan to sell particleboards on others country
Particleboard will sell to heveapac which produce RTA too. meanwhile RTA going to be good and that mean Particleboard should reduce the losses and i believe Particleboard can back to breakeven however RTA should recovering.
I own Hevea, Matrix and Liihen which can give steady dividends every quarter. Waiting these counters price drop more so to collect more to enhance my passive income. GL.
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....
CashRich
168 posts
Posted by CashRich > 2019-06-07 17:35 | Report Abuse
slowly up... end of the year will benefits u