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

130,100


8 people like this.

11,544 comment(s). Last comment by Shareme 5 days ago

AdCool

3,864 posts

Posted by AdCool > 2016-05-13 10:19 | Report Abuse

u start buying or selling then got trading loh. :)

alexwest

138 posts

Posted by alexwest > 2016-05-13 10:51 | Report Abuse

drop util 1.1 back le....so fast..all ikan bilis...loss le

gypairz

23 posts

Posted by gypairz > 2016-05-13 17:02 | Report Abuse

ikan bilis still selling....

wei8

368 posts

Posted by wei8 > 2016-05-16 10:08 | Report Abuse

mati sudah lo

hooi72

112 posts

Posted by hooi72 > 2016-05-16 10:16 | Report Abuse

finger burn finger burn. Aiiiiiiiiiiiiii.............

hooi72

112 posts

Posted by hooi72 > 2016-05-16 10:21 | Report Abuse

alex alex, opinion opinion please! agar-agar when will bounce back? 1 month,2 month or 1,2 year? agar-agar lah. thanks

alexwest

138 posts

Posted by alexwest > 2016-05-16 11:14 | Report Abuse

today or tomorrow see the price , maybe contract buyer sell finish by today thn can buy b4 q1 price will up again

wei8

368 posts

Posted by wei8 > 2016-05-17 11:00 | Report Abuse

ever green become ever red..

alexwest

138 posts

Posted by alexwest > 2016-05-17 11:25 | Report Abuse

set price at 1.12 hope can buy today...see got ppl sell ma...

alexwest

138 posts

Posted by alexwest > 2016-05-17 12:09 | Report Abuse

fast go 1.12...

joni

1,259 posts

Posted by joni > 2016-05-19 10:27 | Report Abuse

lets see it break 1.20 n higher

ExCFO

278 posts

Posted by ExCFO > 2016-05-19 10:45 | Report Abuse

Result out soon. Hopefully it would be better than expected

Posted by expertmillion > 2016-05-19 19:46 | Report Abuse

Collect at 1.10

Icon8888

18,659 posts

Posted by Icon8888 > 2016-05-20 17:30 | Report Abuse

Result disappointing

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-05-20 17:39 | Report Abuse

So Monday ... bungkus ? ... I think salted fish and gang very disappointed. Counter currently overfried.

slts

2,236 posts

Posted by slts > 2016-05-20 18:13 | Report Abuse

Profit flat compare to preceeding & previous qtr
Its better than expected for an export stock

Posted by akulamatata > 2016-05-20 18:29 | Report Abuse

Bros,this stock still worth to keep it?

Jupiter

73 posts

Posted by Jupiter > 2016-05-20 18:54 | Report Abuse

If one just looks at the result straight up, 1Q2016 IS quite disappointing. But if one looks deeper:

1. 1Q2016 PATAMI is RM20.6mil. That's already deduct out forex loss of RM5.9mil. If add it back, PATAMI before forex is RM26.5mil.
2. 1Q2015 PATAMI is RM20mil. It has forex GAIN of RM2.2mil. So PATAMI before forex is RM17.8mil. So 1Q2016 has seen an improvement of RM8.7mil, almost 50% improvement over 1Q2015.
3. 4Q2015 PATAMI is RM20mil. There is forex loss and impairment loss of RM3.5mil. So PATAMI before forex & impairment is RM23.5mil. I am not following their 4Q2015 announcement. Rather I'm taking their audited accounts for the year, deduct their 1Q to 3Q figures, balancing I assume is 4Q. But even if I use their 4Q2015 announcement figures, their PATAMI before forex & impairment is RM26mil.

No matter how you see it, 1Q2016 is BETTER than 1Q2015 and 4Q2015. It is in fact, better than any quarter of 2015. Bear in mind in 1Q2016, EVG is enjoying lower USD conversion to RM than when it was in 4Q2015 (around 4.3). 1Q2015 USD was around 3.6. In 1Q2016, it was around 4.1, an increase of 14%. But PATAMI before forex in 1Q2016 is 49% higher than 1Q2015.

So EVG has shown resilience in spite of falling USD. I think this quarter shows that EVG is not a pure USD play. Its projects to modernize/automate and reduce cost are bearing fruit. We are only seeing 1 project out of 4 having been completed. The other 3 will only bear fruit by 4thQ2016 and in FY2017.

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2016-05-21 09:30 | Report Abuse

Jupiter is correct, please take all forex loss and forex gains next time you value a stock fundamental

Bren21

182 posts

Posted by Bren21 > 2016-05-21 10:17 | Report Abuse

good information. Thanks for sharing,Jupiter !

Lim123

808 posts

Posted by Lim123 > 2016-05-21 11:06 | Report Abuse

Revenue increase around 5%.look not so good.However,I have unload everything few weeks ago.will know next week whether I am wrong and mistake.

hissyu2

868 posts

Posted by hissyu2 > 2016-05-23 19:03 | Report Abuse

any reason evergreen needs to increase so much of debt after private placement? anyone can share?

Jupiter

73 posts

Posted by Jupiter > 2016-05-24 10:18 | Report Abuse

hissyu2 Why do say EVG increased its debt? Total bank debt in 1Q16 is lower than 4Q15. It has used some long term debt to refinance its short term debts. That's why long term debt increased. This is healthier as the short term debts were used to fund machine purchases earlier on. Machines should be financed by long term debts to better match the machine's cashflow generation ability.

Posted by Kingsley Looi > 2016-05-24 11:15 | Report Abuse

USD/MYR BREAK 4.1

Posted by Kingsley Looi > 2016-05-24 11:17 | Report Abuse

same show earlier timing~lets expecting 2Q

Posted by iloveshare128 > 2016-05-24 15:52 | Report Abuse

when MYR appreciated against USD from ~4.50 to ~3.90... many thought that strong USD is over... but i pointed out that I believe USD will still be strong against MYR... and when u look at today's conversion 1USD/4.12MYR... it proves that I was right then... export theme is not game over yet... I still own plenty of evergreen shares and HengHuat shares... let's see...

Posted by iloveshare128 > 2016-05-24 15:53 | Report Abuse

Jupiter... u indeed have done good homework... cheers...

Kong Ming

400 posts

Posted by Kong Ming > 2016-05-30 21:50 | Report Abuse

break 1.16 will fly to heaven...

vincent27

614 posts

Posted by vincent27 > 2016-06-02 09:40 | Report Abuse

vrrooommmm.....vrroooommmm..........accelerated now

BBgsold

227 posts

Posted by BBgsold > 2016-06-02 09:45 | Report Abuse

gogogo

newbie1234

880 posts

Posted by newbie1234 > 2016-06-02 10:00 | Report Abuse

so many ppl throw @ 1.2.. how to up..

vincent27

614 posts

Posted by vincent27 > 2016-06-02 11:18 | Report Abuse

break 1.2..vrroommm.....vrrooommmm....

Kong Ming

400 posts

Posted by Kong Ming > 2016-06-02 11:20 | Report Abuse

oh heaven i'm coming !!!

jayv

37 posts

Posted by jayv > 2016-06-02 11:21 | Report Abuse

strong buy in now ya

Posted by Albert Baker > 2016-06-02 12:25 | Report Abuse

Valuation
Maintain BUY recommendation, with unchanged TP of RM1.60 based on unchanged 11x FY17 EPS of 14.6 sen. We continue to like Evergreen for its strong earnings visibility (underpinned by low key input prices and management’s ongoing efforts to further improve operational efficiencies and product diversification).
Source: Hong Leong Investment Bank Research - 23 May 2016

Posted by iloveshare128 > 2016-06-02 13:06 | Report Abuse

good to know that HL bank concurs with my opinion that it should be worth at least RM1.60-RM1.70... Good luck all of us... hope it will reflect its actual value in share price soon!

Posted by Alfred Boon Huat > 2016-06-02 16:13 | Report Abuse

What's happened?

Sephy

692 posts

Posted by Sephy > 2016-06-02 16:20 | Report Abuse

syndicate unloading finally. they were waiting for months.

vincent27

614 posts

Posted by vincent27 > 2016-06-02 16:20 | Report Abuse

accident sudah....

Kong Ming

400 posts

Posted by Kong Ming > 2016-06-02 16:23 | Report Abuse

flight crashed, down to hell...hahaha

Bino Caka

109 posts

Posted by Bino Caka > 2016-06-02 16:25 | Report Abuse

what happen..sien

Posted by Albert Baker > 2016-06-02 16:30 | Report Abuse

let's call Badshah https://www.youtube.com/watch?v=tw6_pqqa6V4

Posted by Masked Rider > 2016-06-02 16:30 | Report Abuse

in morning break resistance.. afternoon break support.. haha

Sephy

692 posts

Posted by Sephy > 2016-06-02 16:47 | Report Abuse

damn funny this counter. hahaha.

BBgsold

227 posts

Posted by BBgsold > 2016-06-02 16:48 | Report Abuse

what happen????suddenly drop drop drop...

Posted by Albert Baker > 2016-06-02 16:51 | Report Abuse

Hopefully, nor more syndicate after this little tsunami, will be growing nicely

newbie1234

880 posts

Posted by newbie1234 > 2016-06-02 16:53 | Report Abuse

big volume out. baru start want to happy nia.. already this selling pattern

newbie1234

880 posts

Posted by newbie1234 > 2016-06-02 16:53 | Report Abuse

need to cold storage again

Posted by zhehan12 > 2016-06-02 17:00 | Report Abuse

what happen? why ddrop from 1.21 to 1.1

gypairz

23 posts

Posted by gypairz > 2016-06-02 17:08 | Report Abuse

buy this number 5831

....yeah, just like gambling

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