EVERGREEN FIBREBOARD BHD
KLSE (MYR): EVERGRN (5101)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.39
Today's Change
+0.015 (4.00%)
Day's Change
0.38 - 0.40
Trading Volume
13,769,400
Overview
Market Cap
330 Million
NOSH
846 Million
Avg Volume (4 weeks)
5,715,715
4 Weeks Range
0.31 - 0.40
4 Weeks Price Volatility (%)
88.89%
52 Weeks Range
0.27 - 0.40
52 Weeks Price Volatility (%)
92.31%
Previous Close
0.375
Open
0.38
Bid
0.385 x 623,000
Ask
0.39 x 633,000
Day's Range
0.38 - 0.40
Trading Volume
13,769,400
Financial Highlight
Latest Quarter | Ann. Date
31-Mar-2024 [#1] | 27-May-2024
Next QR | Est. Ann. Date
30-Jun-2024 | 21-Aug-2024
T4Q P/E | EY
-33.16 | -3.02%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
1.18 | 0.33
T4Q NP Margin | ROE
-1.03% | -1.00%
Market Buzz
News and Blogs
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: WOOD & WOOD PRODUCTS
Subsector: WOOD & WOOD PRODUCTS
Description:
Evergreen Fibreboard Bhd is a furnishing company based in Malaysia. It is one of the leading worldwide producers of quality engineered wood-based products consisting of Medium Density Fiberboard and Particleboard. It also has under its portfolio downstream products such as Paper, Veneer, Printed, Melamine Board Laminations, RTA Furniture, Sawn Rubberwood Timber, Biomass Wood Pallets and up-stream products like Resin and its own Rubber Trees Plantation. The company's manufacturing facilities are located primarily in Malaysia and in Thailand and Indonesia and it derives its revenue from the sale of medium density fiberboard and other wooden products predominantly in the United States.
Discussions
7 people like this. Showing 50 of 11,520 comments
Yes! Is very cheap now!! No need to afraid, just buy! sifu already said, 31 sen is cigarette-butt price .... Buy when others are fearful. buy anything below 0.40 .... BUY NOW!!!
2023-03-07 09:39
A lot depends on whether the company will manage shareholders’ expectation by giving dividend of at least 1-1.5sen, to be announced by end of next month. If it can give 5% yield at current market price, most shareholders will support and won’t sell their shares.
Q4 2022 struck the company very hard as some inventories in hand were sold subsequently at a loss, triggering some inventory impairment. This shows the company’s biz model isn’t very resilient and is subject to huge fluctuations in their product demand. The coming quarterly results in May are important as shareholders would like to see that the company at least stop bleeding operating cash, ie sustaining net losses of less than RM17m. The slowdown in order is very severe but the moment the company can guide via prospect commentary that recovery is insight, the share price will recover in tandem. But this company’s share always moved way before quarterly results announcement, so you may wanna give this company at least 2 more quarters before it can return to profitability.
2023-03-09 19:08
Price is recovering. Though next two quarterly results will likely be bad, recovery can be expected in Q4 2023.
2023-03-30 14:45
actually most of the losses/impairment are non-cash items. the cash/debt position for the company is actually improving this year
2023-03-31 17:00
Personally, I wouldn't chase. I am selling into strength, because my hypothesis is:
- Last time Aug 2020 (Covid), after downtrending and after breaking out above the 200dMA, it zoomed up without much retracement, so ...
- This time, alternation principle i.e. same conditions, it will retrace back strongly ...
Market rarely repeats, but rhymes.
I will buy back when it retraces.
2023-09-07 22:41
There are several product categories under the timber/wood-based products sector. The common characteristics is that they all use timber/logs as the ultimate raw materials and would be considered a cyclical sector. I screen for companies in this sector by looking at their performance relative to Eksons and Taann where I have detailed fundamental analysis. In this context, I would not consider EVERGRN past few years ROE to be better than those of Eksons. I have concluded that Eksons is a cash holding value trap so I would not dig deeper into EVERGRN
2023-10-21 09:03
EPS for the coming earnings will definitely improve by leaps and bounds.
2024-01-03 22:31
Demand evaporated. Need Singaporean directors to revive the performance.
2024-03-07 11:26
on the way back to glory days, recently Profitable after many quarters in the red.
3 weeks ago
Post a Comment
Featured Posts
MQ Trading Signals
Time
Signal
Duration
Type
2024-06-27 15:50:00
EMA 5
10 Mins
BUY
2024-06-27 15:50:00
EMA 5
5 Mins
BUY
2024-06-27 15:40:00
ADX
10 Mins
BUY
2024-06-27 15:20:00
EMA 5
10 Mins
SELL
2024-06-27 15:15:00
EMA 5
5 Mins
SELL
Apps
Top Articles
2
save malaysia!
Putrajaya reviewing need to slash RON95 subsidy, says Rafizi
3
4
5
save malaysia!
6
save malaysia!
7
THE INVESTMENT APPROACH OF CALVIN TAN
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sense maker
31 sen is cigarette-butt price. Demand for its products will recover after a quarter or two. In 2022, this company still made RM116m operating cash. In 2023, maybe just RM20-30m. But in 2024, it should rise to around RM80-90m. Buy when others are fearful.
2023-03-04 16:51