Q2 results are already expected impacted due to supply problems, but going forward expansion capacity and mdf , particle board strong demand there is still huge potential. Those who expected Q2 good results should fail in any kind of analysis seriously.
What BS, I don't believe this supply issue. Look at their inventories, RM230mil plus, and is increasing over the past few quarters. Revenue is at RM250mil...almost 1:1 ratio with inventory. This DOES NOT make sense if they have a supply issue...inventories should be run down in that circumstances!
Compare to say, Heveaboard. Inventory to revenue ratio is at 0.4:1. Inventory on a declining trend. For them to claim of shortage makes sense...not for Evergreen though. You guys need to be smart in dissecting the balance sheet.
Sure some of their product segment may have been impacted by shortage...but it seems oversupplied across most of their product. Not to mention despite plant shutdown for maintenence they still can have such an inventory buildup while talking about shortage...just plain BS!
DOLLY IS A SMART INVESTOR, HE KNOWS WHEN TO ACCUMULATE MORE & AVERAGE COST & WAIT FOR RECOVERY LOH....!! IN FACT RAIDER WORRY CANNOT COLLECT MUCH EVERGREEN, BCOS HIGH CHANCE EVERGREEN MAY NOT DROP MUCH LOH....!!
tmr broke the all time resistance..then downside unlimited..this qr profit will give 40 cent value only based on pe10...give him 50% buffer, i think 60 cents is fair..
Bahahahaha.....!! That is why I always told u Evergreen is going to kaputt bankrupt from long long time ago mah...why u dun listen leh? Rather listen to dogshit salesman promoters like stockraider, Dolly_Chai2, and their sidekicks ?????
Today is the BIG day for Evergreen loh bcoz the great tsunami will sweep Evergreen shares to an all-time low...!!! Latest result also strongly proven it is on the verge of going kaputt.....judging by the way it BURN cash and capex without even able to lift up earnings, how do u think Evergreen as a company is able to perform leh? Even a 6 yr old child who can count also know this is going down loh...!!
Since the loser ChongJiauJau has a habit of DELETING his bragging comments in the past whenever something gone wrong (proven a coward cum loser)....I took the efforts to re-post his very recent bragging comments here so we have a copy of this lansi-sohai words for future evidence and reference..............
Chong Jiunn Hau: Evergreen spent most CAPEX in the pass two years among all rubber companies. The result may not shown yet because it is still in the adjustment period (Moving factory, new machine/production line getting ready,etc). Profit will goes up in next 1-2 year. Let the result do the talking 07/07/2017 08:52
Chong Jiunn Hau: will be a good timing to collect more if the share price drop further when QR release. Next QR in Nov you will be laughing all the way to the bank. 17/08/2017 15:11
Chong Jiunn Hau: Regardless of the result, i already free up 20% of my capital to hentam kuat kuat in Evergrn if it shall falls further after QR announcement. 19/08/2017 15:28
My best advice to newbies or those who dun understand Evergreen.....dun listen to those salesman promoters trying to sell u DogShit shares like Evergreen because they themselves are purely stuck and nothing more. Just look at all the recent results since last year which I've warned.
IF U STILL NOT SPOOKED OUT BY THE LATEST QTR RESULTS....PLZ GO LOOK AT EVERGREEN's PAST RESULTS IN 2013/2014 PERIOD WITH "SEVEN CONSECUTIVE QTR LOSSES" .....!!! LOOK FOR YOURSELF LAH ...... RM 73.214m TOTAL LOSSES (4Q-2013 to 2Q-2014)
LATEST TOTAL DEBTS ALL GO UP AGAIN FROM RM 207.069m TO RM 209.861m NOW...!!
LATEST CASH DROPPED AGAIN FROM 136.87m TO 98.81m NOW...!!
LATEST PROFIT DROPPED AGAIN -62% Y-o-Y and -41% Q-o-Q...!!
Those losers cum salesman cum promoters still promoting DogShits like Evergreen? Earnings also DROPPED to the LOWEST in 12 QUARTERS...Tutup Kedai...Close your promote shop loh...!!
As expect, the loser always come out and talk bravely during bad time. Talking the same shxt, hide during the good time and did not admit he is lousy. In short term, Evergrn is not good but if can hold another 1/2 year, you will see the result. SerbaDk, dejavu!
This loser also warned SerbaDk investors during the bad time. I think ppl are cursing him if listened to him and missed the opportunity, the loser should go to that forum to apologise if he got any dignity left.
ChongJiauJau...U still have dignity to come out and talk this way?! U tak malu ah? For a person like u who DELETED all your bragging comments when Serbadk and Lotte DROPPED.....do u still have dignity left? Just because for those who don't know your shameful acts because u deleted your own comments after both Serbadk and Lotte dropped....do u think I should praise u or shaming u? U are a full grown man so shame on u.
Serbadk and Lotte rebound then u came out and shout? People can check the timelines. Still dare to talk about it? Really a shameless coward lah u!
Even before Qtr result out....I was here yesterday....so what cocks u talking about, ChongJiauJau???!! Now wonder my first instinct to shaming u as a bananaman really suits u because u really eat pisang type of investor. Go find a lobang and hide lah ChonhJiauJau aka Dolly_Chai2...!! Evergreen result has proven u are wrong. Tak malu one meh? Pui..!! LMAO
Most of u are right, evergreen's quarter result is not as expected, but don forget about the topic about rubber wood ban by government, perhaps this is good timing to entry :D drop more buy more
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....
Chong Jiunn Hau
583 posts
Posted by Chong Jiunn Hau > 2017-08-21 17:57 | Report Abuse
hohohoh.. good. gap down tmr pls...