Borrowings Borrowings in the Group increased by approximately 3%, from RM199 million at the end of the previous financial year to RM205 million in the current financial year was majorly due to the financing of our new particle board line. The marginal increase seen was due to the pay down of loans early in the financial year from the proceeds of share issuance in December 2015. The Group’s gearing ratio shows a marginal drop from 19% in the previous year to 18% in the current financial year due to higher total equity. However, with higher cash and bank balances, our net gearing ratio decreased from 8% in the previous financial year to 4% currently.
haha... loser CKCS = starperformer is confirmed an idixt...
What Yong Ji mentioned was right... what happened to AirAsia when some research house (i believe coorporate with big sharks) purposely gave bad valuation in their analysis? share price dropped to 70sen+... and what is its price now? RM3.30++... those who sold at 70sen is now crying all the way to the graveyard.. those who bought at that price is now laughing all the way to the bank... i was not the best timer... i only bought AirAsia around 1.20.. but still laughing half way to the bank...
come on la CKCS... give some common sense la pls.. dun just talk cxck...
value investing is great because the majority/flock have not found out the intrinsic value of such share and therefore it is undervalued and offered u a good margin of safety to invest...
if it is generally known, will those value investors like warren buffet make such big profits? use brain a bit la... baby...
This dolly is an idiot. If it's so great why is share price keep falling trending downwards? So many great companies out there but none are like this one keep going down.
haha... guys, can u all see how this starperformer = CKCS joker + clown + loser re-act and keep changing his tones and diverting his points when he is fully knocked out with facts?
Let me show u --> 1) first - he claimed Evergreen has so-called massive debts and will not be able to pay out any dividend 2) I showed him that the management had approved to pay at least 25% of net profit as dividend in the last AGM. 3) today announced to pay 2sen (around 25% over 8.66 sen EPS)... Management is proven to keep to their words... 4) now CKCS knowing he is being slapped hard in the face, changed tone and said all sorts of bullshxt - Evergreen will not have real cash to pay dividend, will borrow more money to pay dividend... which is not true as I mentioned earlier.. they free cash flow has improved significantly and will continue to improve as their CAPEX will be greatly reduced... 5) then he said nonsense again - how many times Evergreen can give out dividend? I have an answer for him - as long as cash flow is great, net cash generation from operations is great, they can continue to give dividends..
conclusions: CKCS = starperformer = baby-level-speculator keeps changing his tones after he was slapped hard one by one...
wake up la wei.... very hard for loser like u to just admit that u are wrong meh? always want to win despite the fact that you already lose out badly?
investors here are smart.. they can see it, right?
1) no basic accounting knowledge, dunno how to read cash flow statement 2) no analytical skill, dunno what will happen when CAPEX reduces signifcantly and when cash generated from operation improves 3) Not steady, not consistent.. keep changing tone when defeated 4) afraid to admit one's faults.. insist on the wrong path just to defend the fact that he is an idixt...
5) not willing to learn new thing (ppl already try to put money into his pocket.. he still does not want to take?)... 6) destined to be a forever loser as he will never learn from mistake and will never improve himself.. live in self-comforting imaginary zone and own-utopia and feeling he is the greatest one (yeah.. greatest idixt)
Mistake? Check back when u kept barking during peak price and now is how much?? Need more introduction of your famous Holland trips as said by HollandChai? Not only me thinks u are idiot to talk nonsense with NON-PERFORMING share price.
Once u made mistake to be idiot is okay but twice or more, u have to realize u are already the most stubborn idiot. Still bring ppl to Holland?
Hollandchai, u don't want your name to be associated with this Dolly idiot.
i could be harsh too in my words.. but what i said are all true and factual.. unlike some donkey.. haha.. dunno anything, still act arrogantly.. haha.. really hopeless....
Evergreen earns averagely RM 18m per quarter. This figure is based on the last 4 quarters 2016. For 2015, it earns above RM20m per qtr and that year alone was the peak due to global favourable factors.
This year its profit margins will get squeezed further because input costs increase upwards. Do u not think the inflation in M'sia is going up? It's obvious and everybody is feeling the heat. BNM will increase interest rates and the costs of borrowings will go up. That is why almost all major companies listed in Bursa are rushing to reduce their gearings and especially debts. Still think what I said not true or incorrect? Go use google to dig news at every major companies are reducing their debts and u know already.
After 2sen dividend, so what's next? How better looking will be the balance sheet after giving div? Most likely u can guess already. If u focus on the fundamentals at right path, then dive into the accounting side to predict the future of the company.
Some people talk wonderfully like a salesman but never brings great or even good results/returns. I do not wish to boast anything about myself but one thing I know is too many failed salesman here.
Last time I have paper loss 30 % in Aax , -10% myeg -15% comcorp pls imagine how I still can survive in stock market ,it is no talk cock..it is serious ,,I m willing to share my loss experience and willing to listen ur opinion
Borrowings Borrowings in the Group increased by approximately 3%, from RM199 million at the end of the previous financial year to RM205 million in the current financial year was majorly due to the financing of our new particle board line. The marginal increase seen was due to the pay down of loans early in the financial year from the proceeds of share issuance in December 2015. The Group’s gearing ratio shows a marginal drop from 19% in the previous year to 18% in the current financial year due to higher total equity. However, with higher cash and bank balances, our net gearing ratio decreased from 8% in the previous financial year to 4% currently
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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....
jackng06
469 posts
Posted by jackng06 > 2017-04-26 12:23 | Report Abuse
Borrowings
Borrowings in the Group increased by approximately 3%, from RM199 million at the end of the previous financial
year to RM205 million in the current financial year was majorly due to the financing of our new particle board line.
The marginal increase seen was due to the pay down of loans early in the financial year from the proceeds of share
issuance in December 2015.
The Group’s gearing ratio shows a marginal drop from 19% in the previous year to 18% in the current financial year
due to higher total equity. However, with higher cash and bank balances, our net gearing ratio decreased from 8% in
the previous financial year to 4% currently.