idixt remains idixt... when they are heavily invested in CAPEX in 2015-16, how much debt do u expect them to pare down?
But in 2017 and onwards.. here is the plan:
[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 ]
frankly speaking,Dolly_chai2 is a true value investor,judging from his stock pick and knowledgeable comments.
prolexus is a good company without doubt and it is also within my radar,i dont invest in prlexus yet just because evergreen provided much better value,and if everything go smooth,double or triple up is very possible for latter,and this is something that could happen as soon as second half this year.
and,i want to advise dolly for not to angry with all the contrarians nor trying to educate,i try it before but it doesn't work at all,people only believe what they choose to believe,so just save you mouth lo.
we know what we invested,we gain what we deserved.cheers!
I'm just curious , the director and big shareholder buy evergreen share, and as a investor of u scare, dunno scare about wht, big shareholder no scare, u scare
CKCS no ppl goreng how fly, and next quarter report will announced in next month, and next week annual report will come out, we will know more detail, why does we don't sit down and wait?
I'm sick of the criticism but sometimes it makes some sense also because the share price keep lower following a trend. That makes me more impatient as we move on.
I just can tell u, this coming quarter maybe just a normal or higher abit of EPS, it will be grow better in 2nd quarter and third quarter. I need to c annual report to decide
jack.. frankly speaking i would not even expect a very good result in the coming quarter... they may need slightly more time for the expansion results to become significant...
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....
Dolly_Chai2
971 posts
Posted by Dolly_Chai2 > 2017-04-21 12:58 | Report Abuse
guys.. can u all see some similarity here:
the used word of "kaput":
starperformer: Stockraider & gang still eating bananas here? No wonder what you're holding gone kaput lah!! LOL
23/03/2017 11:29
CKCS: Who talked like a sifu here and Evergreen gone kaput?! That speaks louder than words. Period. Haha!
21/04/2017 12:25
Holland_Chai: Going Holland......Kaput! Fasten ur seatbelts
21/04/2017 12:54