HEVEA (5095): Financials Summary, Key Results, Growth

Very weak momentum

2022-05-10 14:24

Lumber price also weak, dj gg again, below 50 cents soon

2022-05-13 07:28

kahfui1221

hmmm this week no show d

2022-05-13 14:21

https://www.chinapress.com.my/?p=2971578

lousy stock up and down few cents every week, this morning up a bit now holland again....lumber sudah no show

2022-05-18 15:57

WaAdaLui

2022-05-19 11:19

waorangsiam

results akan apa macam

2022-05-20 14:24

waorangsiam

teka teki results quarter
hevea - cantik
evergreen - cantik
mieco - teruk atau biasa

2022-05-20 14:26

Towards 2022, can close 45mil

2022-05-21 02:16

this 1 still drops slower than evergreen but also downtrend d

2022-06-10 16:51

The company has RM120m net cash; take that out from the current market capitalisation, the company is selling for RM130m only. One-year depreciation charge is RM30m, which more than covers for all sorts of capex the company wants to do. So, the company can actually declare all its profits as dividend without affecting its net cash balance of RM120m. It should be able to make at least 3sen net profit per share a year. Potential dividend yield will be very attractive.

2022-07-05 12:02

imvu

evergrn naik hevea pun ikut naik

2022-08-05 16:01

But the boss doesn’t want to give shareholders any meaningful dividend to keep them.

2022-08-22 10:01

Major shareholder is queuing everyday at 44.5sen to sell to you. A complete letdown to minority shareholders.

2022-08-30 14:42

kokchengkai

healthy balance sheet with net cash of RM132.7m or NCPS of 23.4 sen (51.6% of its market capitalization) which should provide downside support to its share price.

2022-09-17 17:08

Excluding net cash, the company is selling for less than RM100m. Net operating cash flow for 2022 will be at least RM35m. First 2 quarters of 2022 saw it make RM22m operating cash flow. Japan is opening up its tourism again to foreigners, and a stronger economy in Japan bodes well for Hevea. It’s a super-cheap price now for the major shareholders to take the company private.

2022-09-28 21:36

shortinvestor77

Falling knife.

2022-09-30 16:53

Iwan Rais

aaa....... any idea what just happened ? lol

2022-09-30 20:22

The Net Cash is not in doubt. Stock price hit peak in 2017 when dividends was also high at 7.7 sen that year paid 4 times a year. Since then, stock price fell in line with dividend drops, from 7.7 down to 1.25 last year when it was paid twice only, and this year, so far 1 time for 1 sen and unclear. Clearly company is conserving monies due to recent losses, so, this company can also lose monies which they need to turnaround. Otherwise, net cash will also go down, dividend goes down, stock price goes down. Nice to see stock price is downtrending, for those with cash and holding power for several years (e.g. 5-10 years) this one deserves to be a part of one's diversified portfolio. 1 sen / 36 sen < 3% dividend yield which is not that attractive relative to FD, but if they want to stabilize the price fall, then, just give another 0.5 sen dividend yield and suddenly, it's a lot better than FD rates and company has much, much more cash to pay 0.5 sen dividend ... the question is will it do so? Next price fall target could be near 30 sen, at this price, I will definitely add more. For long term accumulators, this one is worth the risk, betting that company will turn profitable again, like it has many years prior. Risky for sure, but sleep soundly when it's part of a diversified portfolio.

2022-10-03 21:08

As a dividend investor, I like the Group decided to give a token 1 sen dividend when it is making losses. The Group has a policy of paying 30% of its Profit After Tax as dividends, so, this company needs to turn around into profits first, before the stock price fall stabilizes. Pretty sure market is watching closely since it's been nearly 2 years now ... the question is will it turn around? What catalysts? And when? because at a low base price, a turnaround will give 100% price gains.

2022-10-03 21:18

fortunefire

Add more before it's too late, despite it's making loss.

2022-11-01 14:43

Battleman

No divided paid, invest for what despite the low share price?

2022-11-18 10:49

firehawk

B2. Material change in profit before taxation for the quarter against the immediate preceding quarter
The Group reported a loss before tax of RM3.56 million for the current quarter compared to a profit before tax of RM3.46 million for the immediate preceding quarter ended 30 June 2022, a change from profit to loss before tax by RM7.02 million or 202.89%. The particleboard sector experienced a general slowdown in the market resulting in lower sales and production volumes for the reporting quarter. The RTA sector also experienced a general slowdown, and a significant cost increase due to the implementation of minimum wage in May 2022.

2022-11-21 09:48

firehawk

worsen ... revenue shrunk, lost more .....

2023-05-19 21:49

sasword

Post removed.Why?

2023-05-26 11:20

mlmkcomic

I am a fundamental investor so I look at company performance. Over the past 12 years, the company had an average ROE of 9%. In comparison, the mean ROE of the Bursa furniture companies averaged 8%. So it outperformed a bit.

2023-07-14 09:41

This one gone case

2023-07-19 23:26

Dehcomic01

The price has dropped by about half since a year ago. Has the business prospects dropped by half? Over the past 13 years, it achieved a mean ROA of 6% compared to the mean of the Bursa furniture sector that averaged 5%. https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=26387. Of course you have to dig deeper but at first look, the company has a good track record.

2023-07-28 10:40

bye bye liao

2023-07-29 22:34

SS3U

2023-10-01 22:21

curtlee1980

Snail counter, stuck below 40 cents for quite some time already

2023-10-02 23:32

alwong1111

Revisit this soon

2023-10-05 23:39

alwong1111

Still stagflation :(

2023-10-14 00:31

Dehcomic01

I have 2 reference companies with detailed analysis - Eksons and Taann - that I used when hunting for companies in the timber/wood-based sector. With this lens, I found that Hevea ROE pre-2018 was much better than these reference companies. But post-2018, Hevea ROE lies in between these 2. From a fundamental perspective, I would focus on Taann.

2023-10-22 17:17

alwong1111

Yoong family everyday support until pants dropped

2023-10-22 20:27

HEVEA +4.29%. Nice. Looks like it wants to go up, but plenty of resistance ... Still good enough to make my portfolio rise to all time high again. That's 3 times this week!

2023-11-17 23:25

sasword

下地域史全家烂股绝子绝孙烂管理层

2023-11-23 17:23

I accumulated a bit at 33 sen recently. Since end last year, the A/D line is slowly rising, notwitstanding flat price. This technical divergence suggests that someone has spend a long time to slowly accumulate this stock without moving its price ... I don't know who, but I am following. I am okay if it take 2 years to move, because once we identify a stock with higher probably of being "goreng" later, we follow by buying more at lower prices. For this stock with sound fundamentals, lots of net cash, the only risk is if the manipulator can't accumulate enough. At this juncture, they should have plenty of stock, just might not meet their quota yet to start the push. It's now nearly a year of accumulation.

2023-12-02 11:29

Keep this type of trading extremely small. My trade here is more price speculative. I haven't done enough research to justify owning more than 1.5% of my portfolio. This is old habit from looking at price charts only, without really looking at its longer term business, aside from a few balance sheet glances.

2023-12-02 11:33

stockraider

Can buyloh......furniture mkt improving mah!

2023-12-03 10:21

curiousq

Dividend (1 sen was propose), subjected to AGM approval

2024-04-02 22:45

xiaoeh

Dear Curiousq
any thoughts on Hevea?
can buy?
how is the furniture market now?

2024-04-02 22:54

goldmanbull

Dear Xiaoeh, buy Synergy House better

2024-04-13 22:23

lloydlim

Time to accumulate!

2024-05-27 10:18