Tq for all feedbacks. Trial run is on for the new line at segt Allgreen, a sub of Evergreen. By June it should b up n running. Q3 onwards revenue should increase n the profit too.
revenue, profit will go up, cash flow will improve... why there is still one idixt who claims that Evergreen cannot sustain in giving consistent dividends? haha
Dolly, talk about co enough. No need to say so much after teaching so much here. Congrats on Success.! N from outside the factory I can see the co stockpiling rubber wood n sawn timber leftovers to the brim. Ready raw materials for the running of the new line. Look like not enough place for the raw materials.
Thanks dolly too ,he sharing a lot detail from the company ''tis is call before comment pls study properly the company fundamental and detail first ,only gv comment
This stock price always down from 1.68 to now. Good stock or company won't be like this shit-like. Public better not be conned by snakes oil salesmen lol
the only snake oil salesman we can see here is CKCS = starperformer...
he has been creating multiple IDs to mislead/scare ppl with manipulated info...
when challenged with real facts/calculations, he turns mute and cannot refute with any solid points...
the motive/personal agenda behind this is very obvious - trying to sabotage EVERGREEN and to lift HEVEA (in his childish dream, he thinks he can destroy A to build B... very childish and idiotic right?)...
if u r new here, scroll back up (yes, u need to spend some time to read from the first comment this idixt made using the banned ID of starperformer) and then judge for yourself.. who has points? who gives facts? who manipulated info...
"star"performer? I puuiiiiii... "sxck"performer yes la...
Holland_Chai... u must be feeling too lonely being alone in Holland now, while others are making good profits... that is why you have always been imagining that some ppl should join your trip to Holland...
unfortunately, u r the only sorhai holland chai who will be destined to get stuck in Holland forever... coz there are no other ppl as idixtic as u...
if u beg me sincerely, i may consider teaching u some good/smart ways of leaving Holland (the right value investment vs ur loss making bet/speculation)... but before that, mind ur language...
i can accept if Warren Buffet talks big, because he deserves it.. but for idixt like u who only talks nonsense without giving a single fact here (until today, none, all cxck-talking only), it is very disgusting to hear ur ungly voice...
go get a life... ppl like u is worse than starperformer=CKCS if you happen to be not his another ID...as at least CKCS tried very hard to create some manipulated info... but u did nothing except bullshitting...
Sadly demand is weak and investors need to see performance and results. I hope evergreen management can do something quick or else we will suffer for longer terms.
I really don't understand why the persistent stock bashing here. Surely there are many more stocks in the 1000+ companies in Bursa with totally no value. Why not spend more time on bashing those stocks with no fundamental at all but already run up 50, 100% ... this year to date, instead of this which already came down? An axe to grind here?
Look beyond 1H17 We opine that 1Q17 earnings performance (due out in end-May) will come in weaker due to the higher log and adhesive prices. We remain positive on Evergreen’s earnings fundamentals, underpinned by: (1) Evergreen’s move to diversify into tropical wood-based products; and (2) Commissioning of the new particleboard line and additional RTA furniture line. Evergreen is slowly diverting its dependency on rubber wood and moving to tropical mixed wood which costs an additional RM10/MT as compared to rubber wood but translates to a 20% higher selling price. The new particleboard production facility in Segamat will start contributing to Evergreen from Jul-17 onwards. We are convinced that capacity at Evergreen’s new particleboard line can be easily taken up, due to the shortage for particleboard locally. Maintain BUY recommendation with unchanged TP of RM1.20 (based on unchanged 11x FY17 core EPS of 10.7 sen).
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.
Spent so much on CAPEX for years BUT profit margins so low under 8% all the time. Still need more evidence to convince? Now risk is higher than reward. No wonder the share price trending downwards haha!
debts is higher but please check his depreciation as well as cash flow. see how strong is that. with that cashflow it is capable to pay dividend as well as settle the debt in a short time just like what have been done by HEVEA..
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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....
Yong Ji Yong Ji
650 posts
Posted by Yong Ji Yong Ji > 2017-04-27 20:54 | Report Abuse
Tomorrow shoot up until the real value