Posted by BullishAllTheTime > Nov 6, 2020 6:43 PM | Report Abuse

Wah...special mentioned on this furniture n wood segment in budget. An industry under focus now. Cant wait for monday...going up more

Posted by Kon Lim Chai > Nov 6, 2020 6:50 PM | Report Abuse

Let us have a limit up!

Posted by Victory99 > Nov 8, 2020 10:51 AM | Report Abuse

Slow and steady....

Posted by sense maker > Nov 9, 2020 9:21 AM | Report Abuse

Hevea has RM105m net cash. If it’s net profit recovers to 1sen per share a quarter, it is well positioned to return to its previous dividend quantum of 1 sen per share a quarter. Even at RM1, it’s yield would still be high at 4% a year. Investors are chasing this twin upside of capital gain and high dividend now perhaps.

Posted by Patrick13 > Nov 9, 2020 11:06 AM | Report Abuse

Pare down @ 0.655 to lock some profit 1st.

Posted by nich0las > Nov 9, 2020 11:09 AM | Report Abuse

Huh! Long time no see, Hevea! How was mushroom business?

Posted by PlayStation > Nov 9, 2020 5:12 PM | Report Abuse

3 Particleboard players also edged up.. look likes PB biz will return to growth cycle..

Posted by martinking > Nov 9, 2020 5:38 PM | Report Abuse

tomoro continue up, slow and steady

Posted by Kon Lim Chai > Nov 9, 2020 6:33 PM | Report Abuse

Tomorrow limit up!

Posted by masterjackchui > Nov 11, 2020 10:21 AM | Report Abuse

today tp 0.72

Posted by nich0las > Nov 11, 2020 4:56 PM | Report Abuse

But it's not 0.72. aiseh..

Posted by Joyce126 > Nov 11, 2020 9:14 PM | Report Abuse

Uptrend... should be more than 100 before Q result out.

Posted by OneSmallStep > Nov 11, 2020 10:20 PM | Report Abuse

Sell all today...tough decision..but need money in hand as buffer for potential opportunities that might arise in the future...

Posted by flyingtomoon2020 > Nov 11, 2020 10:21 PM | Report Abuse

Hevea gogogo

Posted by flyingtomoon2020 > Nov 11, 2020 10:21 PM |

Post removed. Why?

Posted by wehcant > Nov 13, 2020 9:42 AM | Report Abuse

Whatever goes up must come down eventually. It's only a matter of when.

Posted by BlackWhite > Nov 13, 2020 1:01 PM | Report Abuse

Lost steam

Posted by BullishAllTheTime > Nov 13, 2020 1:47 PM | Report Abuse

Still uptrend for many weeks already. Steady.. I wiil hold till next high of 90. Althought sold some for profit since my EP at 45

Posted by MYthenightmare > Nov 16, 2020 10:28 AM | Report Abuse

wehcant, wronng channel, your comment suits gets better

Posted by sense maker > Nov 16, 2020 6:36 PM | Report Abuse

Looking at Liihen’s results today, Hevea may post very good results too in this week or next. But many took profits off Hevea yesterday and today.

Posted by nich0las > Nov 16, 2020 6:47 PM | Report Abuse

Ya ya, faster on boat! Everyone can fly~!

Posted by wehcant > Nov 21, 2020 11:01 AM | Report Abuse

Whatever goes down must come up eventually. It's only a matter of when. This is how market forces work.

Posted by 2225566 > Nov 23, 2020 4:46 PM | Report Abuse

Why results not out yet ?

Posted by kasrim > Nov 25, 2020 4:05 PM | Report Abuse

just.buy.. result sure awesome

Posted by wehcant > Nov 25, 2020 4:39 PM | Report Abuse

WOW...awesome.

Posted by weida8877 > Nov 25, 2020 6:38 PM | Report Abuse

QoQ 282%

Posted by weida8877 > Nov 25, 2020 6:39 PM | Report Abuse

Declare 0.0050 div.

Posted by sense maker > Nov 25, 2020 6:40 PM | Report Abuse

It now has RM110m net cash. With EPS 1.44sen a quarter and improving market conditions, it should be able to declare 1 sen dividend a quarter again soon. It is reasonable to expect the price to go up to RM0.90-1.00 especially if next quarterly results continue to improve.

Posted by PlayStation > Nov 25, 2020 7:42 PM | Report Abuse

Q3 result was above expectation. Bravo.. bravo..

Market turnaround will continue to benefit Hevea for both PB & RTA segment.
Local plus Export Sales will continue to keep Hevea Bz..bz...

Q4 can expect exploded contribution from PB segment since ASP improved by another 20-30% and couple with increased in Plant utilization at 80-90% in which higher than Q3 at 70%.

My next short-term valuation before next Q4 result :

PB (0.74) x 1.30 = 96 cents, no surprise if it break RM1.00

Stay tune for year end closing price..

Posted by godhand > Nov 25, 2020 8:55 PM | Report Abuse

based on pe15; 32m annual profit tp: 84c +-10%

Posted by sense maker > Nov 25, 2020 9:35 PM | Report Abuse

This company has very low effective tax rate due to lots of previous unutulised tax losses, and has depreciation expense of RM28m a year, which far exceeds its capital expenditure of about RM8m a year. If it can make net profit after tax of RM32m a year for the next 4 quarters, its net cash profit after tax minus Capex would be RM52m, which would be available for it to declare dividend. Coupled with the RM110m net cash it already is sitting on, its prospect will be interesting for its shareholders. It can even declare 8sen dividend a year, which costs RM45.4m, if it really want to, without touching its existing cash pile.

Posted by Sean Eng Kwong Howe > Nov 26, 2020 1:29 AM | Report Abuse

windfall tax?

Posted by Kon Lim Chai > Nov 26, 2020 7:42 AM | Report Abuse

This is the best quarterly profit since 31/12/2017.

Posted by wehcant > Nov 26, 2020 12:07 PM | Report Abuse

Best QR but price cannot go up.

Posted by sense maker > Nov 26, 2020 12:31 PM | Report Abuse

Some sold on news and others wanna buy at lower prices. So it will ding dong loh.

Posted by PlayStation > Nov 26, 2020 2:07 PM | Report Abuse

Relax.. just be patient.. allow market to adjust first.. QoQ will continue to shine..
Can not wait sell then pass to those who can wait and willing to reload more on weakness..

HLG also amended their TP from 48c to 83c now. Bcoz above expectation.
Ha.. ha.. my short-term valuation is better than IB. PB x 1.30 instead PB x 1.10 towards Q4.
Let wait and see whether Hevea will continue to beat expectation or not. I am very positive.

Evergreen highlighted higher ASP across the market. While Hevea highlighted company will continue to benefit from market turn around. So no worry, company will ensure its Fair Value to reflect in its share price accordingly.

Capex spending on automation shall continue in order to cut down heavy relying on foreign workers or Labour. And so far Hevea is on the right track to spend more on automation.

Posted by kkteng70 > Nov 26, 2020 4:32 PM | Report Abuse

best will be at Next Q. Board price is keep increasing

Posted by kkteng70 > Nov 27, 2020 11:57 AM | Report Abuse

volume come

Posted by Kang Yao > Nov 30, 2020 2:26 PM | Report Abuse

external board sales is down due to higher internal sales to RTA division. and RTA division has higher margin than board.

thats great!

Most interesting is the mushroom, Last year qtr loss is -1.12mm, this qtr only -270k. the trend looks like will turn +ve in coming two qtr.

Posted by weida8877 > Dec 1, 2020 2:49 PM | Report Abuse

Wtxxx? Mieco same price with hevea now!

Posted by PlayStation > Dec 1, 2020 5:52 PM | Report Abuse

Hevea is still very far behind.. smoked by Mieco now..

Mieco took the lead in valuation - PB (0.59) x 1.35 = 80 cents of today closing

Hevea you got to work extra hard.. to catch up the valuation.. Don't lose out..

Posted by waorangsiam > Dec 1, 2020 6:38 PM | Report Abuse

hmm... mungkin pasal eps and eps growth potential mieco lebih elok dari hevea. macam akan potong hevea

Posted by waorangsiam > Dec 1, 2020 6:40 PM | Report Abuse

aiya, semua evergreen mieco hevea akan naik juga la, lebih sikit kurang sikit tak apa lo