EVERGREEN FIBREBOARD BHD

KLSE (MYR): EVERGRN (5101)

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Last Price

0.275

Today's Change

-0.275 (100.00%)

Day's Change

0.00 - 0.00

Trading Volume

278,100


8 people like this.

11,544 comment(s). Last comment by Shareme 1 week ago

Posted by Mohammad Farid Mohd Taufik > 2016-03-04 15:47 | Report Abuse

big player coming

Posted by greenbucket > 2016-03-04 16:12 | Report Abuse

so what now? big fish retreat? or big fish still in?

Hotrod

731 posts

Posted by Hotrod > 2016-03-04 16:13 | Report Abuse

GAME ON !

Hotrod

731 posts

Posted by Hotrod > 2016-03-04 16:13 | Report Abuse

Operator re-entering.

JN88

11,670 posts

Posted by JN88 > 2016-03-04 16:13 | Report Abuse

other fish lai liao.

rookiemy

357 posts

Posted by rookiemy > 2016-03-04 16:15 | Report Abuse

swim with the tide!!

jyng19

24 posts

Posted by jyng19 > 2016-03-04 16:19 | Report Abuse

Hoot Ah!

rookiemy

357 posts

Posted by rookiemy > 2016-03-04 16:22 | Report Abuse

afraid to jump in, might get stranded on the beach when the tide retreated!!

saltedfish

3,282 posts

Posted by saltedfish > 2016-03-04 16:37 | Report Abuse

Then stay in your mom's stomach

rookiemy

357 posts

Posted by rookiemy > 2016-03-04 17:01 | Report Abuse

i saw someone already stranded and become salted fish! ^U^

saltedfish

3,282 posts

Posted by saltedfish > 2016-03-04 18:07 | Report Abuse

Stranded? Go read all my comments lah new kid

sjwee3

529 posts

Posted by sjwee3 > 2016-03-04 21:28 | Report Abuse

Profit taking almost finish.

tkhe1313

179 posts

Posted by tkhe1313 > 2016-03-04 23:51 | Report Abuse

Nice reversal. Golden opportunity for entry

rookiemy

357 posts

Posted by rookiemy > 2016-03-05 01:50 | Report Abuse

your comments? lol, why bother!already dead as your name implied.

moniekj

1,037 posts

Posted by moniekj > 2016-03-05 09:57 | Report Abuse

No wonder sink le, the whole boat smelly now. If you all feel uncomfortable, can jump..

YF24

1,224 posts

Posted by YF24 > 2016-03-05 09:58 | Report Abuse

Monday 1.15 : )

moniekj

1,037 posts

Posted by moniekj > 2016-03-05 10:16 | Report Abuse

Selling stampede emerge next week. No one can escape. Salted fish go back to where it belongs, the South China Sea. You all want to follow?

sklyte

2,621 posts

Posted by sklyte > 2016-03-05 15:14 | Report Abuse

Insane when usd was 3.80 evergreen is already 1.10 last year

beso

2,137 posts

Posted by beso > 2016-03-05 18:17 | Report Abuse

gap down,bleeding,tumbling,laosai

YF24

1,224 posts

Posted by YF24 > 2016-03-06 23:19 | Report Abuse

綠色草原就看到一大幅: )

WiseEye

1,199 posts

Posted by WiseEye > 2016-03-06 23:34 | Report Abuse

Looks like a nice golden cross on friday. Dropped so much then recovered, and to top it off, gained 2 cents. Congrats to those who bought on Friday. Monday should be bullish for Bursa overall after great close at Wallstreet last friday.

saltedfish

3,282 posts

Posted by saltedfish > 2016-03-06 23:45 | Report Abuse

Lol

Posted by Mohd Syafix Abd Hamid > 2016-03-07 09:15 | Report Abuse

Maybe this stock will hit next support 0.85..damn! Need to hurry CL

Posted by Mohammad Farid Mohd Taufik > 2016-03-07 09:25 | Report Abuse

still got selling? lao

Posted by skylifttoptoptop > 2016-03-07 09:29 | Report Abuse

dont worry, the selling Q will missing in few seconds later.

knylck

69 posts

Posted by knylck > 2016-03-07 10:23 | Report Abuse

Strong support at 1.02?

Posted by Mohd Syafix Abd Hamid > 2016-03-07 11:11 | Report Abuse

strong support at 0.9 something,

VenFx

14,784 posts

Posted by VenFx > 2016-03-07 11:37 | Report Abuse

Evergrn's crucial level is 1.00 ; with sustaiable to trade above this lecel, it stay a good chance for a technical rebound.

Posted by greenbucket > 2016-03-07 12:05 | Report Abuse

gone already! the support lineeeeeeeeee

hans1987

17 posts

Posted by hans1987 > 2016-03-07 12:06 | Report Abuse

below 1 edyyyy....

Hotrod

731 posts

Posted by Hotrod > 2016-03-07 12:28 | Report Abuse

Where got so easy break RM1 support. Have some faith plz.

thenameis

25 posts

Posted by thenameis > 2016-03-07 12:30 | Report Abuse

Total drop in 30 days is 60.5 cents. Yet those in the SC are not doing anything to protect us retail investors. This is a highly manipulated counter that deserves to be suspended immediately.

Posted by pohcheong87 > 2016-03-07 13:22 | Report Abuse

it's oversold, wait for technical rebound

Posted by NeverGiveUp > 2016-03-07 13:58 | Report Abuse

So cheap now..buy some for keep ...see got talent rebound not...

Posted by Aaron Kwok > 2016-03-07 14:16 | Report Abuse

hotrod, what price u think it can rebound? may need to cut.

Posted by Mohd Fahmi Bin Jaes > 2016-03-07 14:18 | Report Abuse

no rebound. export downtren

Hotrod

731 posts

Posted by Hotrod > 2016-03-07 14:27 | Report Abuse

Hold and wait for Fed's next meeting and also zeti's resignation.

Posted by pohcheong87 > 2016-03-07 15:15 | Report Abuse

dont chase high, buy when its cheap

JN88

11,670 posts

Posted by JN88 > 2016-03-07 15:20 | Report Abuse

Extra 380million shares from people people wakakakakkaka they will keep throwing...

Posted by trader1964 > 2016-03-07 15:30 | Report Abuse

Strong support at 1.00

Posted by Mohd Syafix Abd Hamid > 2016-03-07 16:30 | Report Abuse

strong support at 0.90 something, if broken..embrace urself upon
the nightmare

Jupiter

73 posts

Posted by Jupiter > 2016-03-07 16:48 | Report Abuse

In 2Q2015, EvG reported PATAMI of RM23mil, excluding forex gain. That was when USD1:RM3.68. Even assuming no improvement from EvG despite all the cost savings measures, new CAPEX put in, RM100mil cash in the kitty from private placement, we are looking at RM92mil PATAMI annualised. At PE10x, EvG should be worth almost RM1.10.

Glue and log price are lower now than they were in 2Q2015. A 5% drop in log and glue cost would translate to easily RM5mil cost savings per quarter or RM20mil a year. Paying down debts by RM100mil and saving 5% loan interest would net another RM5mil. So taking 2Q2015 PATAMI ex forex gain and annualising it, then add in cost savings from lower cost of log and glue plus lower interest expense, I dont think EvG has a problem achieving RM120mil in PATAMI for 2016. That's EPS of 0.14. With just PE 10x, shares should be worth RM1.40 a piece. Current book value is already at RM1.40 per share.

But seriously, EvG cant have done all those upgrades and not benefit anything from it. And USD is now still above RM4.1, not RM3.70 as it were in 2Q2015. I have not even factored in contribution from the new furniture line. Now EvG has dividend policy of minimum 25%. At RM120mil PATAMI, we are looking at close to RM125mil PAT or around 3.7sen dividend per share MINIMUM. At current share price of RM1, that's 3.7% yield.

So in terms of PE valuations, book valuation and dividend yield, EvG share price is now dirt cheap. That's if you follow fundamental investing. If you do not follow fundamentals, then please do all of us a favor and not try to find any 'concrete' evidence trying to justify your sell call for EvG. Sell EvG shares by all means but be honest, that sell call is backed only by negative market sentiment, nothing else.

rookiemy

357 posts

Posted by rookiemy > 2016-03-07 17:37 | Report Abuse

Point taken. Tomorrow jump in.

Posted by NeverGiveUp > 2016-03-07 17:47 | Report Abuse

Jump where building?

JN88

11,670 posts

Posted by JN88 > 2016-03-07 17:48 | Report Abuse

380million extra shares ...where is the shares going??? try to imaging when selling more than buying...380million shares is extra for them what point they sell also earn gao gao....

Posted by the_robert > 2016-03-08 00:46 | Report Abuse

380 mil shares is bonus issue but did u notice the share price adjusted? tht means their total number of shares may have increased but their value is still the same. Ok!?

VenFx

14,784 posts

Posted by VenFx > 2016-03-08 01:24 | Report Abuse

Dump up for Jupiter. EvrG is too cheap to ignore...

VenFx

14,784 posts

Posted by VenFx > 2016-03-08 01:26 | Report Abuse

Bear in mind, market juz irrational sometime. Chartist wise still weak. Can spread the loading into x3 stages.

Andy Lau

203 posts

Posted by Andy Lau > 2016-03-08 06:27 | Report Abuse

Brent up 5% again last nite.

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