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 2 days ago

gogogolee

133 posts

Posted by gogogolee > 2022-06-25 08:52 | Report Abuse

back to nevergreen

Posted by taiguofopai > 2022-07-01 10:34 | Report Abuse

when will you wake up

carimakan

2,493 posts

Posted by carimakan > 2022-07-21 11:08 | Report Abuse

banyk murah dh ni.. collect sblom uppp!

SuperPanda

11,431 posts

Posted by SuperPanda > 2022-07-31 08:02 | Report Abuse

i bought before ex div at 0.465, thats makes me entiltled 1.5c profit

and i bought again at 0.46 last friday, it close at .47, now im sitting with profit from the
div and posibly more if the price going up further

of course it will go up further bcoz evergreen will be benefited from the strong US
dollar, next qr profit will sustain, might even higher on qoq

all the best

imvu

7,888 posts

Posted by imvu > 2022-08-05 10:44 | Report Abuse

volume hijau masuk , adakah akan hijau sampai ke petang

imvu

7,888 posts

Posted by imvu > 2022-08-05 10:46 | Report Abuse

0.490

sengtan

188 posts

Posted by sengtan > 2022-08-05 10:48 | Report Abuse

last call before it goes up to 0.9. Result will be released this month

sengtan

188 posts

Posted by sengtan > 2022-08-05 10:48 | Report Abuse

Fund is buying

imvu

7,888 posts

Posted by imvu > 2022-08-05 11:42 | Report Abuse

0.495 clear

stockraider

31,556 posts

Posted by stockraider > 2022-08-05 13:52 | Report Abuse

Something is brewing here loh!

Posted by investortrader88 > 2022-08-05 14:33 | Report Abuse

Bought some tickets at RM0.495 this morning.good luck guys.

imvu

7,888 posts

Posted by imvu > 2022-08-05 14:40 | Report Abuse

0.500 clear

imvu

7,888 posts

Posted by imvu > 2022-08-05 14:41 | Report Abuse

limit up sampai minggu depan ?

imvu

7,888 posts

Posted by imvu > 2022-08-05 14:42 | Report Abuse

sudah nak mula hari hari panjat ?

imvu

7,888 posts

Posted by imvu > 2022-08-05 15:47 | Report Abuse

0.505

Superb99

6,603 posts

Posted by Superb99 > 2022-08-12 14:57 | Report Abuse

this is a super slow counter, market good or bad, it goes holland too

sengtan

188 posts

Posted by sengtan > 2022-08-15 16:03 | Report Abuse

Last call before it test 0.6 and prior to the release of Q result this month

SuperPanda

11,431 posts

Posted by SuperPanda > 2022-08-15 18:48 | Report Abuse

ep below .47 as i posted 2 wks ago, already earned 1.5c div now 0.54

money dont come easy but when it comes, enjoy the ride

all the best

Superb99

6,603 posts

Posted by Superb99 > 2022-08-16 05:59 | Report Abuse

Hope can go above 0.55 today

mkmk

1,514 posts

Posted by mkmk > 2022-08-16 19:21 | Report Abuse

1 day show…

Superb99

6,603 posts

Posted by Superb99 > 2022-08-17 13:28 | Report Abuse

ya, lousy stock, `now below 0.5 d....

Vicky

1,585 posts

Posted by Vicky > 2022-08-17 13:48 | Report Abuse

trap

Superb99

6,603 posts

Posted by Superb99 > 2022-08-18 05:50 | Report Abuse

Operator already ran away...heading south

Jnlee

305 posts

Posted by Jnlee > 2022-08-22 19:57 | Report Abuse

qr out,no bad results

mkmk

1,514 posts

Posted by mkmk > 2022-08-22 20:21 | Report Abuse

Tmr 55 sen?

Mak_kiah

628 posts

Posted by Mak_kiah > 2022-08-23 08:24 | Report Abuse

Delivery a good QR during the bearish season, 2020- GLOVE , 2021- Technology, 2022- Plantation , 2023- Logistic .

Squirtle

804 posts

Posted by Squirtle > 2022-08-26 12:03 | Report Abuse

OTB is come jor. Pump Evergreen
Muahahahahahahahahahahahaahaa

Kmc666

4 posts

Posted by Kmc666 > 2022-09-21 09:06 | Report Abuse

Seems like Going south , Sian .

Posted by Jeremy_Chew > 2022-09-27 09:19 | Report Abuse

EVERGREEN 2022 first 2 quarters already earned 4.24sen, whole year will earn close to 10sen due to stronger USD / MYR rate. Do you think it is worth only RM0.40? Come on, apparently some big crocodiles are pressing the price down to collect. Just assume PE=8, easily the price can go up to 80sen or more!

Posted by Jeremy_Chew > 2022-09-27 09:21 | Report Abuse

from Q2 report:
The Group’s revenue for the quarter ended 30 June 2022 increased by 54.8% or
RM116.80 million to RM330.11 million from RM213.31 million recorded in the
preceding year corresponding quarter. The increase in revenue was mainly
contributed from higher average selling price and sales volume from all major
category of products.
Profit before tax for the quarter ended 30 June 2022 increased by RM18.55 million
to RM23.13 million from RM4.58 million recorded in the corresponding quarter of
the preceding year. Despite higher raw material cost, the higher profit was mainly
contributed from higher margin resulted from higher average selling prices and
higher foreign exchange gain.

Posted by Jeremy_Chew > 2022-09-27 09:24 | Report Abuse

the Group has achieved positive and improved results in the first half
of 2022, compared to the same period in 2021. With our diversified base of
operations in Malaysia, Thailand and Indonesia as well as having multiple income streams from raw boards to downstream, the Group manages to draw on the
strengths of each country and market segment to mitigate the shortcomings. The
Group is also seeing the benefits from expanding its downstream activities and
from past investment in automation and cost restructuring which has resulted in
more contributions from downstream as well as a leaner cost structure. The
improvement in market demand for furniture has also been capitalized by the
Group with improvement in average selling prices

Posted by sense maker > 2022-09-27 09:49 | Report Abuse

It’s upstream biz will decline due to decreasing timber prices. It’s downstream biz is much smaller and should mitigate the negative situation a bit. Don’t look at past results as share market is forward looking.

garychee8

409 posts

Posted by garychee8 > 2022-09-27 10:25 | Report Abuse

queue at 0.385 ..yr low

Posted by Jeremy_Chew > 2022-09-27 11:01 | Report Abuse

hi sense maker, Evergreen is now growing its downstream (knock-down furniture) business in huge pace and also producing more higher grade / enhanced wood product. they are not only producing pure MDF or plywood, but also enhanced wood product which garners higher profit margin.

sengtan

188 posts

Posted by sengtan > 2022-09-28 10:29 | Report Abuse

In bear market, investor will dump their stocks regardless of any price even though they are good stocks. It appears that fear outweighs greed currently.

Posted by The St. Goreng > 2022-09-28 10:40 | Report Abuse

typical goreng stock dumped from 0.8 to 0.4

Posted by Fundamental Trader > 2022-09-28 14:39 | Report Abuse

mispricing opportunity.

Posted by sense maker > 2022-09-29 11:56 | Report Abuse

Lumber prices crashed from usd14000 in May 2023 to usd400 now in US. Shareholders panicked and threw off Evergreen. Not sure how well the company can manage its average selling price especially in its upstream biz.

sengtan

188 posts

Posted by sengtan > 2022-09-29 12:37 | Report Abuse

Hi Sense Maker, I thought with lumber prices crashing down it is good news for Evergreen since their log supply cost will be lower and therefore production cost will be lower ? Could you please enlighten me a bit. Thanks

sengtan

188 posts

Posted by sengtan > 2022-09-30 09:35 | Report Abuse

Hi any one know of the reason for sell down of evergreen? Thanks

Posted by sense maker > 2022-09-30 12:04 | Report Abuse

A few possibilities:
1) Biz orders, sales and average selling prices plunged.
2) Management made a big mistake like holding too much inventory when average selling prices are plunging or allowing receivables to shoot up. These tighten cash flow and increase future losses.
3) Public free float is very high in this company. 500m plus shares are speculative in nature and panicked easily when global asset sell off occurred. Fundamentally, the company remains sound.
4) A fraud has occurred but this is unlikely as the company made no public announcement in that respect.

Insiders would sell first as usual if there’s anything untoward that already happened . Outsider Shareholders can only hope the sell off in the company is only due to factor 3). Let’s see.

sengtan

188 posts

Posted by sengtan > 2022-09-30 12:43 | Report Abuse

Sense Maker, thanks for your in-depth and thoughtful analysis. Yes, overall market sentiment is quite bad and fear outweighs greed in the current hostile climate. No one dares to buy in a big way as a recession for sure will set in/ already set in some countries like the UK. Demand for Evergreen's products will definitely be affected. Therefore fair value will no longer be RM0.8 and will be adjusted downward.

ahyen10

68 posts

Posted by ahyen10 > 2022-10-02 01:04 | Report Abuse

EVERRED for quite some time already, but haven't changed to green yet.

stainlyho37

2,275 posts

Posted by stainlyho37 > 2022-10-03 14:12 | Report Abuse

watch out now..!!

imvu

7,888 posts

Posted by imvu > 2022-10-05 05:56 | Report Abuse

0.350 +0.100 = 0.450 ?

sengtan

188 posts

Posted by sengtan > 2022-10-05 16:04 | Report Abuse

Two days rebound and now selling pressure again!. I think with US in recession, demand for furniture ( optional item and can be defferred) will be affected. Evergreen sales will be affected accordingly. HLI have target of RM0.61. May be the actual value could be much lower. It is anybody guess

lianbc12

57 posts

Posted by lianbc12 > 2022-10-05 19:49 | Report Abuse

Fair price for this counter is 0.30

Fuyohhh

43 posts

Posted by Fuyohhh > 2022-10-06 01:33 | Report Abuse

Ipo price 0.25 and fair price 0.30? Duh going to miss the boat soon when the qr not as expected bad then shall see shoot up

nelsonlim

730 posts

Posted by nelsonlim > 2022-10-17 15:25 | Report Abuse

evergreen interesting also

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