Told u this would happen. Now do u believe me or those half-filled jars like stockraider/Dolly_Chai2/jackng06 ???
Most likely its shipments of exports to the Middle East has dropped significantly or entirely halted. There goes 40%+ of export revenues. Sayonara the revenues
Those who made wrong predictions should really keep their knowledge and understanding in check.
I have told u Evergreen's SINGLE LARGEST EXPORT MARKET which is in the MIDDLE EAST with over 40%+ of the company's revenues is UNDER THREAT. Sadly too many idiots too blind to accept because they are deeply stuck in it. The result is when stock plunged, those losers cum preachers just simply disappeared.
Lol that's the spirits of a loser who turn up whenever being bashed. Funny thing is that this Dolly loser always said he's on vacation. Next time find a better excuse loh
Yong Ji.. u r right... when the overall market is falling (including the beloved stock of this idiot CKCS - HEVEA), he chose to only laugh at Evergreen... but kept quiet like a loser and said nothing about the price of HEVEA which also fell from RM1.55 (when he first promoted it) to now RM1.30...
see.. loser is pretty double standard... haha... just get used to it la...
loser is always loser.. we shall see which share will perform better by end of this year or in 2018
see... really waste my energy to even argue with this loser... oh ya.. I didn't go anywhere.. i was hiding in a cave crying like a loser (like you) these few days... happy with my answer? haha
Hmmm.....what happened to Evergreen's share price? Still need a walkthrough guide? This Dolly not only a loser but have a BIG MOUTH. Sometimes have big mouth also no use because Evergreen keeps sliding down LOL
EVERGREEN's Revenues from Middle East Markets:- Year 2016: RM 419,449,662 (42.04%) out of RM 997,794,615 total annual revenues Year 2015: RM 457,245,946 (45.17%) out of RM 1,012,342,362 total annual revenues
MIDDLE EAST is EVERGREEN's LARGEST SINGLE EXPORT MARKET !!! PERIOD!!! MIDDLE EAST IN CRISIS NOW!!! WARS WILL ENSUE...! JUST SEE HOW TURKEY & IRAN HAVE STARTED TO HELP QATAR NOW! MIDDLE EAST WILL BE DIVIDED SO THIS WILL BE REALLY BAD FOR EVERGREEN !
In general speaking...those unlicensed salesmen group just failed to promote Evergreen without realizing that this company is strapped with MASSIVE DEBTS of RM 207,069,000 and DETERIORATING PROFITS IN CONSECUTIVE QUARTERS with latest profits HALVED is an OBVIOUS SIGN of a downfall of such company!
The most obvious reason is its SINGLE LARGEST EXPORT MARKET which is "MIDDLE EAST" which should contribute more than 40%+ annual revenues. Saudi-led alliance has single-handedly disrupt Evergreen's export market in the Middle East. This sends the share price to NEW LOW along that DOWNTREND.
Last year dated on 01/09/2016, Evergreen's stock price was dumped to its lowest ever just one week before the release of Q2 2016 result which posted a negative -31% y-o-y net profits. Yesterday and today it was dumped to its lowest signalling a worse than expected result in the coming Q2 of 2017.
So if I'm wrong all this while, why does the results and stock price performed badly and those salesmen disappeared as of today?
You should dig more information on why the company SPENT MASSIVE CAPITAL EXPENDITURES for MANY YEARS IN EXCESS OF HUNDRED MILLIONS RINGGIT BUT PROFITS ARE DETERIORATING IN CONSECUTIVE QUARTERS AND YEARS. You should know also the third generation of the Kuo family heir Henry S Kuo is not doing his part in the family business but residing in the USA committing theological missions. Don't believe me? go check out yourself:
The HIGH CAPEX for YEARS ended with DISAPPOINTING RESULTS. HIGHLY SUSPECT THEY SIPHONED MONEY OUT OF THE COMPANY THROUGH HIDEOUS MEANS THROUGH CAPEX AND FLOW TO THIS FATTY HENRY S KUO IN THE USA! It's impossible that its MASSIVE CAPEX COULD NOT EVEN ABLE TO LIFT UP EARNINGS FOR YEARS ALREADY WAW?!?! Seriously?
Do u expect this company to be well managed? If so, it wouldn't turned itself into such poor state! Wake up!
It's easy to prove that something is not right but it's harder for hardliners to defend it when the factual results showing a bleak picture of everything surrounding the company.
CKCS, Looks like this stock will drop further. To 0.50???
The HIGH CAPEX for YEARS ended with DISAPPOINTING RESULTS. HIGHLY SUSPECT THEY SIPHONED MONEY OUT OF THE COMPANY THROUGH HIDEOUS MEANS THROUGH CAPEX AND FLOW TO THIS FATTY HENRY S KUO IN THE USA! It's impossible that its MASSIVE CAPEX COULD NOT EVEN ABLE TO LIFT UP EARNINGS FOR YEARS ALREADY WAW?!?! Seriously?
Do u expect this company to be well managed? If so, it wouldn't turned itself into such poor state! Wake up!
Just like certain companies spent certain amount of money to buy machinery or assets through contracted values at inflated prices. This is the first sign of mismanagement within the company. If u don't believe me then u can simply check yourself by calculating the MASSIVE CAPEX SPENT OVER THE YEARS AND BY QUARTERS and CROSS-CHECKING THE END RESULTS OF THE COMPANY's PROFITS QUARTERLY/ANNUALLY....U CAN SEE IT CLEARLY YOURSELF.
Those conmen cum hideous salesmen disappeared after realizing that the company is running into troubles. PROFIT HALVED is a dangerously clear sign of what's coming ahead in the subsequent quarters!!!
CKCS, if you are so confident, please write a blog or article about middle east is going to war with facts and data. if you are so sure the money was siphon out from the company, please provide proof or evidence that Henry is acquiring assets in US with unjustifiable income (posting a photo of celebrating birthday in US doesn't help at all). Please also put together the claims of company misused the investment fund and the correlation of its revenue and profit, in a systematic way. So that you can help us to see the picture clearer.
How long duration does each war typically or usually last? That is "many years" so how do those countries affected by wars not crippled? Evergreen's export market in the Middle East region is still stable? If it's stable then why do almost all foreigners especially expats in Qatar withdrawn and wired out their money out of Qatar and left/leaving?
Peace and stability in that region are threatened. No fact? All over the news reported worldwide.
When the retaliation between 2 sides of the opposing Gulf nations heats up, be prepared to see the Middle East market crash!
Evergreen's annual revenues from Middle East has always been more than 40%+ so now crisis in the Gulf is signalling a plunge in its revenues. How to almost "GUESS" and predict it in line to this expectation? Just look at the very latest qtr result where its profits plunged HALF y-o-y. U can bet on Evergreen? but share price will definitely fall further when next Q2 is released in Aug later!
Like it or not, the logistics within land, air and sea are disrupted within the middle east. When logistics are politicized, expect trades are affected as well but the economic impact is not widely publicized just yet.
Wow... CKCS so persistent. Saja visit this counter again and you are still here with the same statement again and again. LOL No need to bet on Q2 results. Investment is not about win or lose. =)
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 > 2017-06-16 19:04 | Report Abuse
Haiz too early supu all 0.845