we should not wait for mushroom, the main contributors is RTA and particleboard, especially RTA sector. If RTA's sales increase, it can boost particleboard sector too.
RTA contribute the most revenue for hevea compared to last years. But particleboard decrease 20% of revenue sales. But look's like hevea are slowly recovering?
This counter I shall keep long long..if anything to remind me to never always just rely on market noise when buying shares..haizz..
Hoping that Olympics 2020 will turn this company around..but at this rate even a few good quarters leading up to Japan 2020 will not be able to recoup losses..
I bought into the mushroom story during the glory days before they started having the worker shortage issues. Bohpian...was a super noob investor then (now just a little bit noob, not as bad as then)
guess what, my first buying price was at 1.3X then averaged to 73cents now. I will still average it in DEC because this is the window shopping time. i hope i'm not foolish to do so.
Wow, my average cost is high at RM1.11. I wish to average down but I still yet to see the turnaround signal from Hevea. Like what WhiteWolf, hoping that Olympics 2020 will bring the positive factor to this co.
Japan Olympics is a short term effect, in long run, Hevea must expand its business to other countries as much as possible, can not heavily depend on Japan and China markets. For mushroom side, i don't think we can see the profit soon.
SC, my first price was 1.53, then 0.75, then 0.69. I am also thinking whether to pull trigger to average down a bit more now. Will study the situation a bit more and see
I hope for Japan Olympics to be more of a catalyst to help Hevea turnaround. This counter needs some good news to spur some positive movement. If with Japan Olimpeh and STILL bad results..then officially GG can just dump this stock Liao.
Haha seems like alot of ppl lose until kao peh kao bu on this counter. Think we should all hold a pity party for Hevea buyers..buy Heveagro mushroom and BBQ together
I hope this is not a DY trap counter. Actually the company seems healthy to me, high DY yield, net cash and less noticeable. So my strategy keep buying as I treat this as passive income. I'm using another account to hold this for very long term, so that my hand wont itchy to sell it when mood not right. I have kept a lot since 2017!
I hope so too. Because DY is an indicator of past actions, not future. Even the CEO during the last AGM said they will do their best to reward shareholder, however cannot promise that the amt of dividend paid can be maintained, especially if biz is bad. And biz has not been great the past year (sigh)
(Positive) cash flow from operation is crucial for organic growth and to support dividend policy. Otherwise, generous DY will kill the company and eventually all the minority shareholders.
Despite dismay results, Hevea remains cash rich position and positive FCF with low CAPEX requirements. It makes them able to continue payoff generous dividends every quarter. They have one new factory already completed years ago but yet to start production due to low demand. There means that once the order is kick off, they can ramp up the capacity immediately.
john doe, sometime say is easy. My purpose here is to build passive income from dividend. Of course, we only ask this if HEVEA have good balance sheet rite. Wonder whats the purpose if just invest for the sake of investing?
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....
MoneyMakerTzy
30 posts
Posted by MoneyMakerTzy > 2019-11-01 16:50 | Report Abuse
Good closing