It is all TRUE and BASED ON FACTS. Any figures and calculations I posted are fakes? I just REVEALED them so public can see mah. NO REWARDS to Shareholders and Investors so how people want to hold leh?
U check back the past 12 years of this company up until now. The stock price is likely to fall further to 0.62-0.60 mah.
It already achieved 400% gains from 0.39 to 1.68 since JANUARY 2015. That was about 2 years Fixed Deposits MATURED ALREADY mah. People said enough and taking profits that is why DUMPING the shares ..STARTED already mah.
U both got stuck in Evergreen, no need to drag others into it mah. Future of Evergreen is just fragile. Spent on CAPEX RM 30m per year also cannot deliver stronger profit margins? How come leh? Very disappointing loh.
Earlier raider says total liabilities must match total assets mah........!! But even Evergreen give concession never mind don match total liabilities with total assets but against current assets loh...!!
As at 31-12-2016
Evergreen current assets Rm 483 million
Evergreen total liabilities Rm 388 million
Even the current assets of Evergreen far exceed the total liabilities loh.....!!
Cash - Total borrowings = (-44,949,000) Cash - Total liabilities = (-227,719,000)
Take the latest 5 quarters results of Net profits: (17.483m + 16.88m + 16.459m + 20.619m + 21.029m) / 5 qtrs = 18.494m averagely per qtr RM 205,257,000 total debts / RM 18.494m NP = 11.1 qtrs to break-even
Take the latest 4 quarters results: (17.483m + 16.88m + 16.459m + 20.619m) / 4 qtrs = 17.86m averagely per qtr RM 205,257,000 total debts / RM 17.86m NP = 11.5 qtrs to break-even
Remarks: Evergreen's massive debts are so huge that it needs at least 12 quarters/ 3 years just to break-even with it while its competitors and peers are embarking on expansion dethroning it from being the largest market cap stock. It is unable to clear out the total liabilities that is why it always need to use loans to keep up with business trades, capex & other things. After minus all debts, it doesn't have cash and if it minus all total liabilities it is even troubling with -227.719m amounts owed.
Click those links to the quarterly report and summary of results or dividends. I practice good integrity. What does Stockraider do? Why hide certain data or manipulate them leh?
Evergreen earns only RM 17.86m per qtr but with RM 205.257m of debt borrowings. Now buys subsidiary to do RTA. Current payables amounting RM 149.521m also have to pay so where got money to pay so many things?
RAIDER SAYS...IF EVERGREEN EARN RM 17.86M PER QTR....PER ANNUM MEANS X 4 LOH = RM 71.44M PER YEAR....!!
THIS MEANS....THE RETURN ON MONIES BORROWED IS RM 71.44M DIVIDE BY RM 206M DEBTS LOH = 35% RETURN PA....VERY EFFICIENT ON DEBTS LOH..!! COST OF DEBTS ONLY 6% PA
THIS NOT COUNT THE RM 160m CASH EVERGREEN IS HOLDING AS AT 31-12-2016 LOH......!!
SO HOW COULD EVERGREEN BANKRUPT BCOS OF ITS MASSIVE DEBTS AS STAR CLAIMED LEH ??
THATS WHY RAIDER & GANG BUY....BUY...BUY LOH.....!!
STILL ACCUMULATING LOH....!! BIG MARGIN OF SAFETY MAH....!!
. TWELVE (12) QUARTERS to BREAK-EVEN with MASSIVE DEBTS and that time just enough to be NET CASH. Now still heavily DEBTS-LADEN.
Let me count when is THAT TIME...12 QUARTERS later means it will be in YEAR 2020 JANUARY then EVERGREEN BREAK-EVEN?????? WHOA...!! THAT MUST BE PAINFUL LONG-TIME!!
Earlier raider says total liabilities must match total assets mah........!! But even Evergreen give concession never mind don match total liabilities with total assets but against current assets loh...!!
As at 31-12-2016
Evergreen current assets Rm 483 million
Evergreen total liabilities Rm 388 million
Even the current assets of Evergreen far exceed the total liabilities loh.....!!
Thats why raider says Mr Debt is fake
FAKE INFO FAKE interpretation
Evergreen is solid mah.....!!
Good buy loh......!!
Latest quarter of Evergreen very important mah......!! Raider already prove loh....!
Don listen to lies of Mr debt loh....!!
If he can lie on the latest quarter....he should have also lied on all the quarters he claimed loh....!!
I just realise Mr debts say DO A LOT HOMEWORK but dunno cash generate in operating How much one year in evergreen ? 2016 200m + haha! U got do homework? just c some figure and be like I know everything include INSIDER Selling AND SHARE ISSURE! THE FUNNY THINGS IS NO DIVIDEN U GUY GET STUCK!!!
hahaha.....jackng06....starperformer is an empty milo ten, inside nothing want, cause he talk number 1 with no facts, rubbish and only know how to zoom into the debts.... damn kau funny really make me laugh until no stop....number 1 TAI LIN GONG....
U see the following dividends history of EVERGREEN:
FY05: 33 sen FY06: 5 sen FY07: 7 sen FY08: NONE FY09: 4 sen FY10: 5.5 sen FY11: 1.5 sen FY12: 1 sen FY13: NONE FY14: NONE FY15: 1 sen FY16: NONE. Only Bonus Issue 1:2
With the MASSIVE BORROWINGS and INSUFFICIENT CASH, this NET DEBTS company is CLEARLY UNABLE TO GIVE OUT DIVIDENDS. So how does it keep or RETAIN its Existing Shareholders or Investors leh?
My reply to them is the company does not have enough money to pay dividends. It faces heavy CAPEX and with MASSIVE DEBTS of RM 205,257,000 so surely no rewards for shareholders.
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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....
Evergreen5101
288 posts
Posted by Evergreen5101 > 2017-03-09 11:44 | Report Abuse
muhahahahha.....if you want good dividends why buy HEVEA, you should buy MAGNUM, SPORTSTOTO, STAR mar.....