No use lah this Evergreen. This company is doing things at the wrong timing. 95% of revenues from just one stinky main product called Medium-Fibreboard (MDF) woh. Sure profit and everything else also drop like no tomorrow lah.
Aiyo...why some people want to continue to be idiots? Oh yes...I forgotten that they are here because they are just STUCK.
For each RM 0.005 drop in Evergreen stock price, this sor zai stockraider is losing RM 20k paper loss. No wonder he keep telling u all the lies to support Evergreen lah. Very not reliable person loh.
having said so above, if 2017 operation cash flow improves similar like what it did in 2016... it will have offset all debts with its cash & cash equivalents....
sxckperformer... where is ur so-called "MASSIVE" debts?
stop manipulating info with your bad own agenda (trying to sabotage evergreen, then promote HEVEA)...
Dolly doesn't dare to answer because he knows Evergreen amassed MASSIVE DEBTS RM 205,257,000 and its quarterly earning power is just RM 18m averagely. So it is living on cashflow money to get pass each quarter while paying back the massive debts.
HEVEA is the homegrown IKEA of Malaysia and currently being crowned with the largest market cap surpassing Evergreen mah.
What are the niche reasons that u should invest into Hevea?
1) HEVEA is the largest laminated particleboard shelving Ready-To-Assemble (RTA) furniture producer in ASIA. Just bought a piece of land next to its current production facility to expand capacity.
2) HEVEA is Malaysia's FIRST 'Low Formaldehyde' Kid Furniture manufacturer.
3) It is building 2 brands namely "HEVEAPAC" and "KREA KIDS"
90% of its products are exported with 62.46% of its RTA products exported into Japan so it has certification by JIS already mah.
HEVEA pioneered the commercial production of Super E0 in South East Asia which conforms to the Japanese Formaldehyde Standard. First Malaysia company to receive Japanese Industrial Standard (JIS) Mark Certification for its Super E0 and and EO boards in 2004.
The sor zai Dolly and stockraider are just simply STUCK and that is all the reason they are here. Go buy HEVEA and read all the spectacular info that I provided.
Must have critical thinking and business sense when u truly invest in a company for long term.
How is HEVEA doing? 1) Now Hevea is perfectly in NET CASH position and it has RM 128,443,000 cash on hand with earning power of RM 20.167m per qtr averagely. 2) Based on latest few qtrs, its cash keep adding extra RM20m so it shows that the management is serious in making the company to be very cash-rich. 3) Have 2 RTA brands and selling online too! HEVEAPAC and KREA KIDS which is safe eco-friendly furniture with LOW FORMALDEHYDE to avoid cancer risks. Japanese markets is its biggest market (65%) importing its very safe furniture!
How about Evergreen? 1) It's in NET DEBTS with a whooping MASSIVE DEBTS of RM 205,257,000 and no cash left of minus all liabilities. 2) It's basically living off the money cashflow each quarter passes by. 3) Its earning power is RM 17.86m per qtr averagely so it can only do best to focus to reduce debts and not to be too ambitious in expanding because that will hurt shareholders' values and interests.
Until today u still talk the stupid accounting? Evergreen's accounting also failed lah. Balance sheets is even worse. Besides SYF, this Evergreen has the most debts among all peers. Almost useless already. What is next for Evergreen? Nothing really. That is why its stock is going down like crap.
Critical thinking and business sense is only applicable to those who are able to conduct/carry themselves well as an adult. In your case starperformer as someone who keeps speaking in harsh language how can you be taken seriously if you do not respect others.
On a separate note, if Hevea mgmt was reading this they would certainly say Shame on you starperformer. They do not require such "publicity" and much less from the likes of you and your writing style which is so offensive.
But then, everyone has their own agenda and it's pretty clear what is yours.
What is next for Evergreen you ask? To kick Hevea butt (no offense to Hevea investors) !!
There are so many reasons that I can tell u why Evergreen is going down in 2017.
95% of revenues from just ONE product that is MDF mah. How good can it be? It is a low profit margin segment.
Massive debts and too much continuous CAPEX and too ambitious of starting RTA and particleboard....all these alone is enough to send this stock to record low.
U better seriously be ready to incur MORE DEBTS because I can see the company is unable to lift its own earnings along with its high expenditures already.
Only last year alone, Evergreen spent on CAPEX RM 106,000,000 that is ONE HUNDRED AND SIX MILLIONS RINGGIT. What a massive spending. If this year, it spend more CAPEX again, u can really kiss ur shareholdings GOODBYE. Still not worried?
No wonder you resort to lurking in forums like this. Send a reply, "So what loser", then go edit again and write more junk.
Ur talking about extreme? Dude.. you seriously need to wake up before you completely go OKU or nuts. Sounds like you have anger management issues and that is a dangerous thing.
I am already going seriously off-topic here, and will leave it as that. Good bye and please don't be a danger to others.
U eat too much bananas everyday in Evergreen that is why u frustrated loh. Why so coward use new ID to write? LOL loser like u have nothing related to say about the companies but bunch of nonsense topics. Who's off-topic leh? Tak malu. Sau pei lah! LOL
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.
Cash - Total borrowings = 112,954,000 Cash - Total liabilities = 35,325,000
Take the latest 5 quarters results of Net profits: (28.006m + 17.233m + 15.161m + 20.268m + 25.693m) / 5 qtrs = 21.2722m averagely per qtr RM 15,489,000 total debts / 21.2722m NP = 0.73 qtr
Take the latest 4 quarters results: (28.006m + 17.233m + 15.161m + 20.268m) / 4 qtrs = 20.167m averagely per qtr RM 15,489,000 total debts / 20.167m NP = 0.77 qtr
Remarks: So Hevea's debts are so small according to its own earning power per quarter. Its cash keeps adding up at least RM 20m each qtr. Just 1 qtr is enough to clear out the debts and even after clearing the total liabilities, it has RM 35.325m EXCESS CASH.
Evergreen spent RM 106m last year on CAPEX. It's already not enough money, if this year it decides to spend more CAPEX....u can kiss it goodbye and we can see record low!
his manipulated words are definitely serving his own agenda to sabotage evergreen. why would he wanna do this?
2 possible reasons:
1) Want to promote HEVEA (where he is probably stuck in) by sabotaging evergreen 2) Want to pull down Evergreen share price so that he can buy cheaply...
if not, why is he avoiding to answer my question? and then continue with his old grandma manipulated story?
I asked him: why he purposely ignored the >RM160M cash that Evergreen has? What is the net debt (cash - long & short term debt) / equity ratio? I have actually told him that is about 0.039 or 3.9% of net debt/equity..
where is the so called massive debt.. until today, he still acts like pondan who avoids my question...
he does not know how evergreen will grow but acts like he knows everything... many of us here already pointed out to him and shown him proof of the expansion/internal restructuring plan that evergreen is doing.. he just pretends did not see that... sad for loser like him...
Prospects in HEVEA is better than EVERGREEN mah that is why stock price valued higher than NTA and trending higher. Tell me how is Evergreen better than Hevea?
As long u talked about real FACTS about any company. If u attempt to make serious accusations against any company, u better be ready to prove it with factual data/info otherwise u may get into trouble with SC.
Certain accusations which u could not possibly prove to be valid will definitely backfired to yourself. I think stockraider is in trouble now. LOL
Just check back my long history of comments, I've always back it up with REAL FACTS for healthy debates but not false accusations like stockraider did. I think he still can participate in debates in jail cell later.
Evergrn got no facts to show la Starperformer, don't waste time arguing with the deaf & dumb, could be blind also. Don't bring your level down to their level.
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....
slts
2,236 posts
Posted by slts > 2017-03-21 07:47 | Report Abuse
mr debt is a very sick boy.
he got dog disease ie why
he keep barking here
pity him