See this Dolly idiot after conned people in Evergreen he asked people to buy PRLEXUS....WTF! This shows he knows Evergreen is in deep trouble with that MASSIVE DEBTS and the only reason he still lingers here is because he's STUCK in it unable to sell yet.
Kids thinking? U better look at the balance sheets before u continue to hope for a better tomorrow in evergreen. Already it is down-trending non stop to this day. Need more convincing truth or proof? Losers
Holland_Chai, if you happen to be not the number1 idixt starperformer.. then i would challenge u to revisit this forum again in 1-2 year's time to see what will the share price of Evergreen be... will it be long term downtrend or uptrend...
talk is cheap, let's see results by then... i believe you are indeed someone that matches well with ur nick name here.. with your mentality and inability to analyze (but still act like a master), i believe you are already in Holland now and will never leave Holland...
haha.... Cold Eye said: can you wait for 3 years for a share to fully realize its value? if not, dun buy. if you cannot accpet downtrending for short-term, dun buy.. btw, who told u i am stuck? idixt... I am in paper profit now...
Holland Chai, if you are stuck in Holland and have no money to buy a ticket back to your original place.. let us know.. just beg us sincerely and we may donate some money to u to buy the air ticket... but must be sincere and polite ya.. we may have some sympathy for u then...
gone kaput? just based on current share price and for short term evaluation? wow... u r indeed the sifu of speculation.. no wonder ur fundamental skill is zero like a new born baby.. i feel sad for u... indeed...
jackng06.. see how kids run away from responding to what i said:
CKCS: Can u tell me where is Evergreen getting money to pay dividends to shareholders? Based on what I can see in the balance sheet, the company has very huge debts amount and high obligation to pay down debts first then other liabilities and lastly then check whether it has enough disposable money left to give out as dividends. [you don't seem to understand it yet. in latest Q4 2016 report, Evergreen net cash flow generated from operating activities is as high as RM238.368M, whereas in 2015 Q4, it was only RM132.680M. That is a huge improvement of net cash flow from operations. in 2016, they spent a lot on CAPEX, around RM200M. But as mentioned by the top management, they expect to only spend around RM40-50M starting 2017 as most of the money had been spent for expansion. So you can expect net change in cash & cash equivalents to improve tremendously. let's be conservative and not assume any growth in the net cash from operations, keep it at RM238.368M in 2017, CAPEX reduction down to RM40-50M will already give them surplus of net cash & cash equivalent of RM238.368-RM45M = RM193.368M in 2017 (assume we neglect the small amount from cash flow from financing activities). Compared to total short+long term debts of just RM205M, they almost zero out the total debt based on just the net change of cash. don't forget they still have RM160M cash at the beginning of 2017 (carried forward from 2016)... so, even they have to pay down "all", i mean all debts, they still have enough cash to pay dividends.. but do they need to pay down all debt immediately? they do not necessarily have to do that... come on... . if dunno, pls ask politely and dun act like an expert... i feel very sorry for ppl like u... know a little bit, but act like sifu ]
At least 12 quarters just to BREAK-EVEN with that MASSIVE DEBTS. That is also if it can sustain its earnings at current level. If earnings fall, u can kiss it goodbye put in icebox for 4 years
[you don't seem to understand it yet. in latest Q4 2016 report, Evergreen net cash flow generated from operating activities is as high as RM238.368M, whereas in 2015 Q4, it was only RM132.680M. That is a huge improvement of net cash flow from operations. in 2016, they spent a lot on CAPEX, around RM200M. But as mentioned by the top management, they expect to only spend around RM40-50M starting 2017 as most of the money had been spent for expansion. So you can expect net change in cash & cash equivalents to improve tremendously. let's be conservative and not assume any growth in the net cash from operations, keep it at RM238.368M in 2017, CAPEX reduction down to RM40-50M will already give them surplus of net cash & cash equivalent of RM238.368-RM45M = RM193.368M in 2017 (assume we neglect the small amount from cash flow from financing activities). Compared to total short+long term debts of just RM205M, they almost zero out the total debt based on just the net change of cash. don't forget they still have RM160M cash at the beginning of 2017 (carried forward from 2016)... so, even they have to pay down "all", i mean all debts, they still have enough cash to pay dividends.. but do they need to pay down all debt immediately? they do not necessarily have to do that... come on... . if dunno, pls ask politely and dun act like an expert... i feel very sorry for ppl like u... know a little bit, but act like sifu ]
jack.. i have to give up.. i have concluded that both CKCS & holland chai are non-curable at this stage.. they are at the final stage of cancer.. no matter how we tried to save them... they are just hopeless.. what we can do now is to clarify and correct the wrong info/message they gave so far... so that other investors can be salvaged...
jack.. i have asked this idixt to attend basic class... cash and profit also he does not know how to differentiate... and of course does not know anything about cash flow statements!!!
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....
CKCS
1,439 posts
Posted by CKCS > 2017-04-21 12:17 | Report Abuse
See this Dolly idiot after conned people in Evergreen he asked people to buy PRLEXUS....WTF! This shows he knows Evergreen is in deep trouble with that MASSIVE DEBTS and the only reason he still lingers here is because he's STUCK in it unable to sell yet.