haha.. i am lazy to entertain another loser like susukacang...

good one jack.. congrats... i know one day u will be a very successful investor since u r still very young and started early in value investing...

i can't control the temporary/short term movement of the share price.. but that does not mean i talk kosong..

wise ppl here will see if i "talk kosong" or not...

susu.. who started the insult first? u allegedly accused me of "talking kosong".. is that not an insult?

wow jack.. i din know u r a qualified accountant.. i am not, honestly.. but u dun need to be a qualified accountant to understand these... u just need to be diligent to do self-study to pick up this knowledge... unlike some idixt.. tin kosong but act like sifu.. i really pity them

yeah.. go ask holland chai give u a share.. and follow him and buy.. not only will u gain a lot of profit from the share, u will also get a free one-way ticket to holland to meet him there

yes, we all talk kosong.. so dun listen to us.. sell pls

haha... susu.. just sell it and drink ur susu and eat ur kacang every day ya.. we dun need so-called "investors" like u here...

those are half-fact.. u manipulated them... i then clarify and analyze why Evergreen does not have cash flow issue.. in fact, their cash flow is very good and healthy... i know the debt numbers are real.. did i say they are not? idixt.......

jack.. i have asked this idixt to attend basic class... cash and profit also he does not know how to differentiate... and of course does not know anything about cash flow statements!!!

jack.. i have to give up.. i have concluded that both CKCS & holland chai are non-curable at this stage.. they are at the final stage of cancer.. no matter how we tried to save them... they are just hopeless.. what we can do now is to clarify and correct the wrong info/message they gave so far... so that other investors can be salvaged...

is he blind or not? cant see what i wrote before?

[you don't seem to understand it yet. in latest Q4 2016 report, Evergreen net cash flow generated from operating activities is as high as RM238.368M, whereas in 2015 Q4, it was only RM132.680M. That is a huge improvement of net cash flow from operations. in 2016, they spent a lot on CAPEX, around RM200M. But as mentioned by the top management, they expect to only spend around RM40-50M starting 2017 as most of the money had been spent for expansion. So you can expect net change in cash & cash equivalents to improve tremendously. let's be conservative and not assume any growth in the net cash from operations, keep it at RM238.368M in 2017, CAPEX reduction down to RM40-50M will already give them surplus of net cash & cash equivalent of RM238.368-RM45M = RM193.368M in 2017 (assume we neglect the small amount from cash flow from financing activities). Compared to total short+long term debts of just RM205M, they almost zero out the total debt based on just the net change of cash. don't forget they still have RM160M cash at the beginning of 2017 (carried forward from 2016)... so, even they have to pay down "all", i mean all debts, they still have enough cash to pay dividends.. but do they need to pay down all debt immediately? they do not necessarily have to do that... come on... . if dunno, pls ask politely and dun act like an expert... i feel very sorry for ppl like u... know a little bit, but act like sifu ]

haha............ i cant stop laughing... already an idixt.. still act like a master....

yaya... CKCS, profit = cash.. this is a teaching to bring ppl to holland.. and then meet holland chai there...

3 years to pare down all debts? funny... confirmed he knows nothing about financials.

haha.. jack.. pity him a lot.. dun even understand financials...

so he acted like a kid/baby.. run away and elude these facts that i raised up

until now he cannot refute or disprove my statements above with real facts/sense

jackng06.. see how kids run away from responding to what i said:

CKCS: Can u tell me where is Evergreen getting money to pay dividends to shareholders? Based on what I can see in the balance sheet, the company has very huge debts amount and high obligation to pay down debts first then other liabilities and lastly then check whether it has enough disposable money left to give out as dividends.
[you don't seem to understand it yet. in latest Q4 2016 report, Evergreen net cash flow generated from operating activities is as high as RM238.368M, whereas in 2015 Q4, it was only RM132.680M. That is a huge improvement of net cash flow from operations. in 2016, they spent a lot on CAPEX, around RM200M. But as mentioned by the top management, they expect to only spend around RM40-50M starting 2017 as most of the money had been spent for expansion. So you can expect net change in cash & cash equivalents to improve tremendously. let's be conservative and not assume any growth in the net cash from operations, keep it at RM238.368M in 2017, CAPEX reduction down to RM40-50M will already give them surplus of net cash & cash equivalent of RM238.368-RM45M = RM193.368M in 2017 (assume we neglect the small amount from cash flow from financing activities). Compared to total short+long term debts of just RM205M, they almost zero out the total debt based on just the net change of cash. don't forget they still have RM160M cash at the beginning of 2017 (carried forward from 2016)... so, even they have to pay down "all", i mean all debts, they still have enough cash to pay dividends.. but do they need to pay down all debt immediately? they do not necessarily have to do that... come on... . if dunno, pls ask politely and dun act like an expert... i feel very sorry for ppl like u... know a little bit, but act like sifu ]

gone kaput? just based on current share price and for short term evaluation? wow... u r indeed the sifu of speculation.. no wonder ur fundamental skill is zero like a new born baby.. i feel sad for u... indeed...

Holland Chai, if you are stuck in Holland and have no money to buy a ticket back to your original place.. let us know.. just beg us sincerely and we may donate some money to u to buy the air ticket... but must be sincere and polite ya.. we may have some sympathy for u then...

haha.... Cold Eye said: can you wait for 3 years for a share to fully realize its value? if not, dun buy. if you cannot accpet downtrending for short-term, dun buy.. btw, who told u i am stuck? idixt... I am in paper profit now...

Holland_Chai, if you happen to be not the number1 idixt starperformer.. then i would challenge u to revisit this forum again in 1-2 year's time to see what will the share price of Evergreen be... will it be long term downtrend or uptrend...

talk is cheap, let's see results by then... i believe you are indeed someone that matches well with ur nick name here.. with your mentality and inability to analyze (but still act like a master), i believe you are already in Holland now and will never leave Holland...

his mentality and analyzing capability = new born baby's level

jackng06... maybe he is not even a kid yet.. his mentality is like a new born baby... he needs to go back to his mama for some formula milk i guess...

SusuKacang... value investing sometimes requires some patience.. look at how long the the value investors had to wait for Fibon and Willow before they flied high? if you cant wait, i would suggest u follow the idixt - sxckperformer's style of speculating in stock....

okla.. i will stop educating these idxots as they / he (or maybe these 2 are the same person?) will never understand.. or pretend does not understand, trying hard to sabotage evergreen and then promote Hevea... poor thing.. too obvious la kids...

haha... proven once again the duo of idxots Holland Chai and CKCS...
in fact, by looking at the total number of comments this idxot holland_chai had given (13 only) and all in this Evergreen forum, i kind of suspect he is also another ID created by starperformer aka heavekrea aka CKCS... poor and pathetic idixt...

results should be good due to the recent acquisitions.. especially on the new DOSB & the final 25% of Polyplas

CKCS = starperformer, go take a basic class on how to interpret financial reports first... before even u talked any nonsense on debts bla bla bla... u do not even understand how to read a cash flow statement....

pardon my language.. i just got agitated sometimes when some stxpid idixt challenged u when he barely knows anything...

i hope this is the last explanation i will give to idixt like him... it is indeed a waste of my time to write that long... idixt...

CKCS = starperformer = big time loser yet still always want to win every single argument which he apparently loses out...

CKCS.. pls dun run away like a sissy.. respond to what i wrote above (in response to your silly question).. and let me know which part i did not say it correctly?

but i think i need to slap him hard right on his face... he barely knows anything about financials and value investing but acts like a master... i really pity idixts like him...

guys.. sometimes i think i would just not be so kind to answer this idixot's questions...

if he asks politely, maybe i should..

my comment:

CKCS: Can u tell me where is Evergreen getting money to pay dividends to shareholders? Based on what I can see in the balance sheet, the company has very huge debts amount and high obligation to pay down debts first then other liabilities and lastly then check whether it has enough disposable money left to give out as dividends.
[you don't seem to understand it yet. in latest Q4 2016 report, Evergreen net cash flow generated from operating activities is as high as RM238.368M, whereas in 2015 Q4, it was only RM132.680M. That is a huge improvement of net cash flow from operations. in 2016, they spent a lot on CAPEX, around RM200M. But as mentioned by the top management, they expect to only spend around RM40-50M starting 2017 as most of the money had been spent for expansion. So you can expect net change in cash & cash equivalents to improve tremendously. let's be conservative and not assume any growth in the net cash from operations, keep it at RM238.368M in 2017, CAPEX reduction down to RM40-50M will already give them surplus of net cash & cash equivalent of RM238.368-RM45M = RM193.368M in 2017 (assume we neglect the small amount from cash flow from financing activities). Compared to total short+long term debts of just RM205M, they almost zero out the total debt based on just the net change of cash. don't forget they still have RM160M cash at the beginning of 2017 (carried forward from 2016)... so, even they have to pay down "all", i mean all debts, they still have enough cash to pay dividends.. but do they need to pay down all debt immediately? they do not necessarily have to do that... come on... . if dunno, pls ask politely and dun act like an expert... i feel very sorry for ppl like u... know a little bit, but act like sifu ]


That high borrowed cash in the cash balance needs to be returned not purely belong to the company. Still don't get it? We're not investing into properties which appreciate in values. Evergreen invested into a business which may not bear the expected returns or even losses.
[I have explained much above... and it is stupid to compare this business with properties development alone... they are of different sector.. as what i can see, evergreen is making profits consistently after 2013-14 where these are exceptionally bad years]

2.38 now... but still far away from its intrinsic value of around RM3.45...

just another sharing (not asking u to buy, u should study on your own first)... there is a similarly attractive company - Prlexus with very good fundamentals and expected huge growth in 1-2 years' time... if you are aiming for longer term, that will be another excellent value investment...

well said sherlock... u r indeed a value investor, unlike some fake ones... u really did a lot of homework like what I did, which is great. yes, time will tell... let the jokers/losers bark now, they will be silenced later...

sherlock.. i am glad that you are a man of wisdom... just hold on to it and u will reap the fabulous rewards...

let me bring up one very valid point:
from 2013-16 (even when evergreen was heavily investing in CAPEX during 2015-16), their average net cash generated from operations was RM123.810M/year in average. CAPEX was RM87.445M/year in average. Free cash flow (FCF) was RM36.365M/year in average.

See, i don't talk cock like some loser.. i have all these analyses/valuation spreadsheets with me since day 1 and I can show these to you anytime....

and imagine from 2017 onwards when CAPEX will be greatly reduced and with the expected improvement in net cash generated from operations, what will their FCF?

Again, I don;t talk cock.. i talk based on facts...

sxckperformer, aka CKCS... i doubt if you really understand what value investing is all about...

pathetic... indeed...

perhaps he knows it.. just that he thought by sabotaging Evergreen, other investors will choose to buy HEVEA instead (where he is deeply stuck) and help lift him out from the swamp...

CKCS aka starperformer is indeed a pathetic loser cum joker...
we have said many times that Evergreen has >RM160M cash on hand and the net cash from operations has increased from quarter to quarter... most of the CAPEX was spent in 2015-16 and now they require minimal CAPEX for 2017 onwards.
In other words, with improvement in net cash from operations + reduction of spending on CAPEX, their free cash flow will increase significantly...

unfortunately this loser + joker + kindergarten level "so-called" investor does not even understand this...

i would not even sell a single share at current price even though it has increased a lot...
see my valuation above and u will know that it is still too early to sell now..

hold on to it!!!

ricky/JT is a very good fundamental sifu, same like KC Chong sifu.. those who condemned him do no really understand why ricky is trying to say... i feel sorry for these ppl...

you are welcome king36. forum is a place where we should share useful information (based on valid/fair judgment), instead of those nonsense that gave u some sort of "God-like" prediction such as how general election will impact MYR and export companies.. and then ask u to buy or sell... to me, these are all nonsense as no one could ever predict the forex. forex is something we should not take into serious account, what we should care more is their core business, outlook, prospect, financial fundamentals, etc...

pharker... u sound exactly like ur name.. haha...

please give some sound reasons to justify your statement instead of ur "pharker" style of bullshit