EVERGREEN FIBREBOARD BHD

KLSE (MYR): EVERGRN (5101)

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Last Price

0.28

Today's Change

+0.005 (1.82%)

Day's Change

0.275 - 0.28

Trading Volume

496,000


8 people like this.

11,544 comment(s). Last comment by Shareme 3 days ago

Posted by stevenwongg > 2018-05-16 10:58 | Report Abuse

will evergreen going further up?

sigma99

127 posts

Posted by sigma99 > 2018-05-16 11:50 | Report Abuse

lets see the second half today.

Posted by NewbieVB > 2018-05-16 13:08 | Report Abuse

may i know who is the Mauxi??

Posted by NewbieVB > 2018-05-16 13:11 | Report Abuse

did new government have any impact on this counter?

jakar

136 posts

Posted by jakar > 2018-05-16 14:44 | Report Abuse

nta is 1.38, greatly undervalue.

sysz820

64 posts

Posted by sysz820 > 2018-05-16 20:59 | Report Abuse

Evergreen growth slowly

James Ng

2,704 posts

Posted by James Ng > 2018-05-17 11:43 | Report Abuse

https://klse.i3investor.com/blogs/general/157110.jsp
[转贴] [EVERGREEN FIBREBOARD BHD,原木供应价格继续保持高位] - James的股票投资James Share Investing

Posted by dark2678 > 2018-05-17 16:02 | Report Abuse

@James Ng, on what basis you said that? The quarter report is not even out yet.

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-20 22:04 | Report Abuse

Hiiiiiiiii alll sifu.... who know qr report when out..... many thanks

Posted by NewbieVB > 2018-05-22 17:15 | Report Abuse

anyone know what happened to the price? is that the qr report will be bad?

Luke91

520 posts

Posted by Luke91 > 2018-05-22 18:46 | Report Abuse

Why it drop heavy

Davidl

1,816 posts

Posted by Davidl > 2018-05-23 01:48 | Report Abuse

Qtr result wouldn't be better than expected!

eddy888

313 posts

Posted by eddy888 > 2018-05-23 08:18 | Report Abuse

Commentary of Prospects for FY2018
Continued resilience in the EU and US economy augurs well for the longer term
prospects of the panel board and furniture market. Log prices continue to remain
elevated as log supply has yet to return to past norm levels but more favorable
weather in Malaysia has improved the log supply situation in the first month of
2018 as compared to second half of 2017. While demand for panel boards and
furniture remain intact, new plants have resulted in heightened competition. The
Group foresees a challenging 2018 but will be in a better position to meet the
challenges with full year contributions from the particle board plant and
recommissioning of an MDF line whose refurbishment is expected to be completed
by end first half of 2018. Several other MDF lines have seen retooling and
upgrading works done in second half of 2017 which will improve the efficiency
and quality of the Group’s products in 2018. If the log supply situation continue to
improve and the Malaysian Ringgit stabilizes at current level vis-a-vis the United
States Dollar, the Group expects to deliver a satisfactory result in 2018.

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-24 18:10 | Report Abuse

Liihen
Hevea
Qr out today gg
Now left evergreen..... haiz....

Edric Soh

504 posts

Posted by Edric Soh > 2018-05-24 19:20 | Report Abuse

see how evergreen go because new Continued resilience in the EU and US economy augurs well for the longer term
prospects of the panel board and furniture market.

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-24 19:38 | Report Abuse

@edric soh....bro.... u know when evergreen qr out.... so gan jiong ler.... c the other counter qr is gg oledi...

Edric Soh

504 posts

Posted by Edric Soh > 2018-05-25 10:52 | Report Abuse

monday out normally

Posted by investor1888 > 2018-05-25 11:11 | Report Abuse

today is the agm, anybody there?

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-25 12:05 | Report Abuse

@edric soh ths bro....

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-25 12:29 | Report Abuse

@investor1888 bro.... today is the ever agm r.....

omgimnoob

514 posts

Posted by omgimnoob > 2018-05-25 12:47 | Report Abuse

Then tonight willl have quarter results announcements

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-25 13:15 | Report Abuse

@omgimnoob bro..... hevea liihen oso no good oledi.... evergreen haizzzzzzz.... many counter qr no good

freddiehero

16,722 posts

Posted by freddiehero > 2018-05-25 14:55 | Report Abuse

evergreen below 0.40 collect

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-25 15:21 | Report Abuse

@freddiehero ths bro

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-28 17:48 | Report Abuse

Hiii alll sifu..... how bout tis qr result....
Revenue increase but d profit going down geh....
Haiz....

shpg22

2,984 posts

Posted by shpg22 > 2018-05-28 17:49 | Report Abuse

mak oi....tomolo kena whack again.

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-28 18:15 | Report Abuse

@shpg22 tomorrow public holiday

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-28 18:16 | Report Abuse

@shpg22 whack little bit never mind lar.... dun whack gao gao....

value88

711 posts

Posted by value88 > 2018-05-29 11:21 | Report Abuse

Evergreen's earning is as bad as other wood based companies, i.e. Hevea, Latitude & Liihen, in Jan-Mar quarter. I suppose the result is expected in view of weaken USD and higher log cost.
The positive point is its current stock price has reflected the poor earning in advance. Its PE is <10x now, so I suppose its stock price will not fall much on Wednesday.

Davidl

1,816 posts

Posted by Davidl > 2018-05-29 14:02 | Report Abuse

Yup, fall 15% shall be reasonable!

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-29 16:35 | Report Abuse

Next qr should b good gua.... bcoz thailand line start working in march oledi...

Jupiter

73 posts

Posted by Jupiter > 2018-05-30 10:54 | Report Abuse

Test

Jupiter

73 posts

Posted by Jupiter > 2018-05-30 11:04 | Report Abuse

1Q result is a bit disappointing if you compare with 4Q17 but is to be expected if you consider the forex level. If you compare EVG result with Hevea, I would say that E's result is a lot more resilient. This I attribute to their better Mgmt. This is not the first time one can see how E's Mgmt can react and respond to unfavourable mrkt situation better than H. Once pb price drop you can see H performance drop like a rock. They still have yet to resolve labor issues even though it has been 3 qtrs since they admit to labor shortage. Do u really need so long a time to hire more workers? Why doesn't E have Labor issues even though E has a bigger operation?

maxlee0508

394 posts

Posted by maxlee0508 > 2018-05-30 11:34 | Report Abuse

@jupiter ths for ur sharing bro....

Jupiter

73 posts

Posted by Jupiter > 2018-05-31 09:54 | Report Abuse

Anyone read Mieco's result? Big loss

moneykj

6,141 posts

Posted by moneykj > 2018-05-31 17:01 | Report Abuse

Can start to buy liao

moneykj

6,141 posts

Posted by moneykj > 2018-06-04 15:09 | Report Abuse

When all the supporters and naysayers are lazy to comment, and share price reluctant to go down despite reported bad results, it's time to buy.

kasinathan

967 posts

Posted by kasinathan > 2018-06-05 11:24 | Report Abuse

If compared to the Hevea and Mieco results, Evergreen proven is market leader in the industry... At current price ranges I will buy back despite earlier cutloss at 55 cents

kasinathan

967 posts

Posted by kasinathan > 2018-06-05 11:26 | Report Abuse

The industry outlook remains challenging but I preferred to be a contrarian now....

USApg

783 posts

Posted by USApg > 2018-06-05 20:50 | Report Abuse

Karex poor result also can fly, very funny nowaday!?

freddiehero

16,722 posts

Posted by freddiehero > 2018-06-05 20:56 | Report Abuse

hehe many ppl like to goreng nasi..

moneykj

6,141 posts

Posted by moneykj > 2018-06-06 11:45 | Report Abuse

Turnaround play like Parkson. This week may try 0.50.

Posted by stockstockstock > 2018-06-06 23:53 | Report Abuse

Evergreen = everyday green?

Posted by stockstockstock > 2018-06-07 13:12 | Report Abuse

Volume coming in soon

Martin99

25 posts

Posted by Martin99 > 2018-06-07 14:58 | Report Abuse

This Qtr the Company written off goodwill amounting to RM8m. If without this expenses, QoQ and YoY result should be very encouraging ^_^

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-06-08 13:07 | Report Abuse

Collecting

Jupiter

73 posts

Posted by Jupiter > 2018-06-08 13:33 | Report Abuse

Martin99 If you noticed, this qtr EVG has gain from disposal of PPE. From the 2017 annual report, there is asset held for sale which from description there, seems like the land in Masai which became vacant after they move the machines to their other plants. So while EVG has this extraordinary gain, they offset it with goodwill write off so the profit is not distorted by the big gain. Goodwill and deferred tax assets are ticking time bombs as you dont know when auditors will request for them to be written off. So it is a good move to get rid of these time bombs when there are extraordinary profits. After all, goodwill write off is non-cash but the disposal of asset is an incoming cash item. After this write off, you can see the goodwill is now much lower at RM9.6mil compared to RM19.6mil in 2015. Deferred tax asset on the balance sheet also shrunk a lot but if you read the notes in the 2017 annual report, there is actually a lot of deferred tax benefits not taken into the books. This means tax savings in future.

I've mentioned a couple times already but will repeat it again, EVG management is good at what they do compared to Hevea and Mieco.

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-06-08 14:57 | Report Abuse

Undervalued

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