idixts/gamblers like CKCS & HollandChai knows nothing but acts like expert... ppl like them only speculate/punt without doing detailed analysis.. and they hardly make good profits (even if they luckily do, I bet their loss on other counters overwhelm the tiny profit they got).
How about the results for that 5 latest quarters? Needless to say, it's just disappointing! Some more the MASSIVE DEBTS are now increased RM 1,812,000 more than its original debts totaling now RM 207,069,000 WOW! Debts not reduced but increased some more!
How about cash holdings? It flopped -15% from RM 160,308,000 to current RM 136,870,000 now.
Spent so much on CAPEX also cannot even lift up earnings? Maybe something not right about how the money was spent. Why the Henry Kuo resigned from the Audit committee? WHY HENRY KUO RESIGNED FROM AUDIT COMMITTEE? Siphoning money out of company's operation particularly through CAPEX? Hmmm...sure there is something fishy!! Tens of millions spent every quarters also cannot improve the company's earnings? Better report to authorities to investigate!
Maybe Evergreen is a so special company? So special that it is the only EXPORTER listed in Bursa to have its profits HALVED than its normal profitability when the DEPRECIATION OF RINGGIT is supposed to FAVOUR those EXPORTERS? So special ah? Or someone is siphoning money out of the company & kena FIRED? Fishy!!!!! Beware!!!!!
If u don't like this counter, can move on to other counters. Wonder what is keeping u attacking .. do you nothing good. Unless u wanna people to sell, why? Because...
KL_82... as I had mentioned many times, this loser CKCS has his own agenda/motive.
Could be one of these reasons: 1) From what he had been saying, we know he is holding HEVEA. He is trying to sabotage Evergreen in his wishful thinking that it will help boost the share price of HEVEA. From what I can see, he bought HEVEA at high price and is deeply stuck so he needs others to help lift HEVEA share price so he can exit. 2) He is afraid of the emergence of Evergreen into the RTA & Particleboard business (right now Evergreen is still mainly on MDF and Value-added MDF) that will threaten HEVEA. So he wants to sabotage Evergreen. 3) He is highly interested in buying Evergreen but pretends he is not. Trying to shoot down the price so that he can collect at cheaper price.
Ringgit at 4.40 both evergreen n hevea results out not that impressive. Now ringgit is strengthening and your believe the next quarter will be better.unless sales volume increase substantialy.
Evergreen spent 150mil on upgrading segamat plant. Last 2 yrs no production due to upgrade. 1 line on trial run n another should b running end of the year. Revenue n profit for the group should b going up henceforth. Can wait for better results but may have to pay higher price. Safer to wait?
nikicheong, u are right.. i mentioned that since day 1... but this number 1 idixt CKCS (another ID of starperformer, but to me "sxckperformer") keeps comparing Evergreen to Hevea...
and we know that Evergreen's RTA business is just picking up but the prospect is bright and promising...
I believe that is also why CKCS is so worried now (which I dont think he needs to... the RTA market is huge and unsaturated yet, every player can have their own share market)
Lol what else this loser Dolly wants to become? Already crowned as the most wannabe sifu in i3. Evergreen's latest qtr profits why halved leh? How lah genius? Dolly thinks himself a genius.
Almost all exporters posted better or marginally unchanged profits BUT this Evergreen is so special that its profits HALVED. Total debts increased some more. Walao.....that's even worse after profits halved but debts also increased and CASH also reduced substantially.
What else positive is there for u to defend? Why the Henry Kuo RESIGNED from the Audit Committee? If good, why have to resign? An fishy business?
So it spent huge amounts of money on capex but why none of its earnings lifted up? Do u know how to calculate? Last year alone, Evergreen SPENT a whopping RM 272,327,000 on CAPEX! WTF! Does Henry Kuo's resignation from Audit committee has something to do with accounting irregularities in Evergreen???
Man....this company spent MASSIVE amount on CAPEX every year but profits HALVED. Think right loh.
Evergreen's Cash balance DECREASED -15% from RM 160,308,000 to current RM 136,870,000 now.
Evergreen's Net profit TUMBLED and HALVED from RM 17,483,000 previous qtr to current RM 10,539,000 (-39.72%) while its Y-o-Y collapsed (-48.89%) !!!
So? On the verge of bankrupt soon after Henry Kuo resigned? Any follow-up on his departure? If no problems, why resign? Within Audit committee might have problems? Money siphoning out of the company? Cheats? Con jobs? U name it....
Idiot Dolly! For ur information ya...All figures are exactly taken out from all the latest qtr and annual reports! Go verify it yourself ya ....if u still try accuse me tweak info. Super idiot! lol
I urge everyone to buy evergreen because it is a promising stock. Although profit drop people buy it and love it very much that the price skyrocket everyday.
CKCS, frm what i had read frm ur post, no doubt u r still young to stock market n studying an annual report. Go study n do more research, u missed out many info. Dont just buy a ' warren buffet ' book or whatever n read it then apply it. Behind every figure theres a meaning. Glf!
Segamat plant particle board full operation second half 2017. The Mdf unit likely to b end of the year. It takes time for capex to fully show result. U don't buy a ready plant. It takes time to order machineries, assemble them, trial run n smoothen the operation.
Segamat plant particle board full operation second half 2017. The Mdf unit likely to b end of the year. It takes time for capex to fully show result. U don't buy a ready plant. It takes time to order machineries, assemble them, trial run n smoothen the operation.
Its profit fallen half is NOT a good sign despite heavy spending by the company. Debts have accumulated to a whopping rm207,069,000, cash fell -15% and profits fell -40%. Some of the supporters here just simply vanished or missing in actions already. Where are the losers stockraider, Dolly_chai, jackng06, etc? They were big mouth before the release of qtr result. Now diam sudah lol
Kitsoon89, if I've done no proper analysis then why would I knew the company is in distress since way before the company releases the results? Having such MASSIVE DEBTS, endless Capex and weak earnings are obvious signs which tell u Evergreen is in distress enough to post weaker results for many qtrs to come.
What is the real reason Henry Kuo resigned from Audit committee? This grandson of the founder actually residing in USA and doesn't even work hands-on in the company. No commitment at all. Second generation also behaving such way. This is not good.
Instead of dedicating his time to drive the company as a second generation, he spend so much time on online social media. Pity those Evergreen shareholders who invested their money into it. No wonder the company's share price is falling and debts have grown massively into rm 207,069,000 !!
Raider have rm 4 million investment in evergreen...yes there is a temp paper loss...but it is bearable loh....!!
Raider just hang on loh....by end 2017 it will fly bcos the coming result will be good & then very good loh...!! just has some patience mah...!!
Btw....this ckc no standard...people enjoy abit...birthday celebration with family..also complain loh...!! what type of people this ckc ??....yes u maybe shareholder...but people not ur slave mah....!!
this CKCS is no doubt an all-time loser.. i challenged all his tweaked info but he could not justify any of them with a solid fact... and keep repeating the same old shxt...
massive debt la.. bla bla bla.. but self-deceiving about the cash on hand and free cash flow, etc...
haiz.. what do we expect from a kindergarten level kid who cant even understand cash flow?
i am glad to have collected more shares during the recent correction... only idiots will pay high price for an already priced-in share... value investors buy when the share is trading at a discount
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 > 2017-05-25 14:44 | Report Abuse
idixts/gamblers like CKCS & HollandChai knows nothing but acts like expert...
ppl like them only speculate/punt without doing detailed analysis.. and they hardly make good profits (even if they luckily do, I bet their loss on other counters overwhelm the tiny profit they got).