Biased HLI and wanna to mislead "Soh Chai" to sell cheap back.. Amongst the same ParticleBoard players Hevea was still my Top Choice.
Just to remind Hevea tough Q1 but was still able to make profit purely due to markets that company served was in the earliest Zombie Virus outbreak Zone likes China, South Korea then Japan..
If you read 'Poh Huat" Q2 report you will understand why Big Bro. furniture player likes Poh Huat & Liihen (US market dependent) are still worry worsening US market might dragged till year end..
The outbreak was worsening in US, thanks to their "Tidak Apa" attitude.. Ah Trump ko just treat it as seasonal "Flu".
https://www.facebook.com/183843371625918/posts/3388184337858456/ nah sudah tau perabot dan board akan sampai tiba masanya~ 1. usd/rm kuat (level seperti 2015-2017) 2. usa-china trade war (china kilang perabot dan board bankrupt habis) 3. china dan banyak tempat banjir gila (dahsyat, kena bikin dan beli semula) 4. undervalue dan belum goreng (pe paling murah di bursa)
Di samping itu, prestasi kewangan kedua-dua syarikat juga kekal kukuh. Pada akhir bulan Februari, tunai bersih Lixing Industrial mencecah RM157.9 juta, 88 sen sesaham, merangkumi 32.3% daripada nilai pasaran; tunai bersih institusi Jializi adalah 8110 10,000 ringgit, 27 sen sesaham, menyumbang 46.6% daripada nilai pasaran.
Bagi syarikat panel kayu, Hong Leong mengatakan bahawa Evergreen Fiberboard (EVERGRN, 5101, kumpulan perkhidmatan produk industri motherboard) dan Yiweiya (HEVEA, 5095, kumpulan perkhidmatan produk industri motherboard) menghadapi tekanan daripada kelebihan pasaran.
Kapasiti berlebihan dalam industri kayu telah menurunkan harga
Sebelumnya, pengeluar papan kayu di Thailand dan Vietnam meningkatkan kapasiti pengeluarannya untuk membekalkan pasaran Timur Tengah, tetapi sejak Amerika Syarikat mengenakan sekatan perdagangan ke negara-negara Timur Tengah sejak 2018, pasaran papan kayu mempunyai kapasiti berlebihan dan harga jual rata-rata produk juga turun dengan ketara. Oleh kerana tidak ada tanda-tanda untuk mengangkat sekatan perdagangan AS, bank menjangkakan trend penurunan harga produk yang disebabkan oleh penawaran berlebihan ditangguhkan hingga separuh kedua tahun ini.
Hevea RTA furniture contribute 60%-65% to its overall Biz while PB segment contribute 30-35% both its Topline and Bottomline
NanYang highlighted incomplete news in which very obvious favor to certain counter.
A flock of sheep follow leader to continue to sell low.. Don't rush.. don't rush I got to remind myself slowly re-collect low..
Company got tonnes of cash, but dunno why Hevea let it sitting in the Bank.
Either Hevea need to continue to re-invest wisely - more automation or else buy back own shares aggressively. FD interest nowadays is higher than your own Dividend payout meh..
See MD highlighted orders rebounded since June and 2H momentum is set to pick up.
Good jobs to retain important Japan customers base during firefighting period and resolve all urgent orders. More big orders sure will come..
Reminders :
If weak Q2 due to MCO in Msia and lockdown of some markets it served, you got to swallow it first and waiting strong 2H momentum.
Don't follow leader to sell low.. if you do I will be waiting for you.. to re-collect low..
Bcoz MD already highlighted - Post MCO or lockdown :
"In terms of capacity, the group’s plants in Negeri Sembilan run between 70% and 90% capacity, and hence, there is still further room for growth, said Yoong"
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....
MaYun
264 posts
Posted by MaYun > 2020-07-02 23:35 | Report Abuse
ha ha ha HLI target 33.0 sen and the stock went up to to high of 48s before settling down at 45s.
ha ha ha ciak sai analyst.....