Someone said bad quarterly result is going to be released, but i think mostly likely it would be almost the same like last quarter only. Anyway. let us wait for the result.
moneykj, if upcoming quarter net profit is only 5-10m, i will treat you eat abalone... i think the net profit will be quite flat at around 20million.. let's see...
The result will be out today and I can see so many of you panic here. Then you want to sell? If sell also won't do any good but make you losing it all so better keep and accumulate on lower. I'm not trying to calm people here but EVERGRN's fundamentals are intact and progressing so you will see next quarter results to be improving unless the company is sitting around not doing anything. Important is you have money to accumulate when it drops so try to relax yourself and be steady.
iloveshare128, how are u doing? Did u accumulate some more at lower? I'm waiting to see how bad can it's results will be as claimed by some naysayers here.
Hotrod, which brokerage u using? I have report daily updated abt financial results to be released within calendar month. EVERGRN's 2Q to be released is today.
hi everise, i am fine. thanks... yeah, i accumulated more when it was around 0.90-0.91... may buy some more today if the price goes down more... after all, the fundamentals remain intact, dividend payout will be at least 25% (and potentially 3sen dividends this year)... and low P/BV... balance sheet is healthy, very low gearing... will likely become net cash soon... even if the share price drops more, i will still collect more... in 2017, that is the year we will see a lot of improvement... i like it when ppl panic and sell, that is why we get to buy cheaper...
This type of stock will be worthwhile because it is suppressed down so much that it is considered very undervalued as it goes lower but you must have holding power and time. When confidence is restored and good progress kicks in, you are holding the shares of an undervalued gem company. Believe me, I've been there done that many times. Those who seek bargain values will approve this stock definitely.
Evergreen Fibreboard (EVF MK, BUY, TP: MYR1.30) Looking Beyond FY16 Results Review We maintain our view of a flattish FY16 for Evergreen Fibreboard (Evergreen) as we expect the company to perform better in 2H after a subdued 1H. We also advise investors to remain patient, as we see more earnings growth catalysts coming in FY17. Our TP is now adjusted to MYR1.30 (from MYR1.35, 44% upside) following our earnings revisions, which is pegged to an unchanged 10x FY17 P/E. Maintain BUY.
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Posted by Superb99 > 2016-08-18 11:43 | Report Abuse
it is under selling pressure recently