healthy free cash flow... how can evergreen be risky? how can evergreen go bankrupt? stupid statement... i think he is very interested to buy evergreen.. but he wishes the price to drop back to 0.70... coz he missed the boat... haha.. else, why waste so much time here...

so my advice to this half-tin water... or as mentioned by Evergreen5101, dai lan ngong, dai sor hai.. haha.. yes, he is... if you dunno FA enough, stop acting like sifu...

raider, evergreen5101, sleepbryan, just save ur gas and don't argue with this sxckeperformer...

as he keeps manipulating his words on the manageable debt of Evergreen (75million debt / 1.111billion equity, which is 0.0675 of equity only, very healthy), i have proved to him that we cannot look at the loan alone.. i proved him that Evergreen is generating free cash flow (net cash flow from operation - capex) every year and the free cash flow yield (CY) is good at >4%.

If you guys follow KC CHong's FA, CY above 4% is considered great as it generally gives better yield that FD on the price you pay for the share.. then this idixt (who does not understand FA, but acted like FA sifu, sick of him) said i used financial jargon to try to confuse ppl.. haha.. really sounds like KYY talking to KC Chong...

ColdEye said a good share is worth to keep 2-3 years.. why not?

red_85, i did the same mistake last time.. keep waiting and the price keeps going up and ended up never get to buy at good price anymore... think this way.. when ppl are not interested to buy yet, you have to start collecting... coz when ppl started to buy, it is no longer cheap

haha... raider.. save ur gas.. no need argue with ppl like him anymore... i decided stop arguing with him... we will see the result later.. that's it...

agree with noah.. i bought into it for its future growth (of course, its current fundamentals must be good)... my only concern is the large number of warrants...

Evergreen5101, pls save ur gas... this sxckperformer is a no-bxlls fellow.. i guess he is still waiting for evergreen to drop back to 0.7xx then only he dares to buy... from his interest in this forum, we can clearly tell that he is trying to sabotage Evergreen and then waiting for a very good entry price... but sorry to him, i do not think evergreen will drop back to 0.7xx which is really a ridiculous price.. i actually collected quite a lot of shares at that time.. so my average is below 80sen... but i am not going to take some profit at current price... my target is RM1.60-1.70

we cannot 100% trust on the hearsay or rumours unless we have done our own homework

of course, this is inline with my expectation too (coupled with my homework done on the future/prospect of Evergreen)

Thanks for the good sharing...i have to trust Evergreen5101 (a.k.a. FreeAsABird) due to his insider's news (he is working in Evergreen group)...

noah.. in 2016 annual report, under the chairman's statements of the future prospect, it is stated that the company expects to continue to grow.. i think this is something positive...

unless the management is lying to us.. than that is a different story...
so now it is to examine if Prlexus is a transparent and honest company with high integrity...
we can tell from their previous past records... read back their annual reports/quarterly reports to check

goh, u have a point here... there is no guarantee that Prlexus can enjoy the growth Nike/Under-Armour is having, as there are also other suppliers such as Magni etc... but if what the management revealed is true, they are getting increasing demands from Nike and Under-Armour and urge from these customers to expand their capacity... this is why Prlexus is expanding - to cope with the increasing demand (as requested by these customers).

KC, i believe that you are one of the best value investors in i3.. so pls do not be discouraged by some of these jokers... most of us are very interested and grateful for your kind sharing... keep the good work up

haha... raider, pls totally ignore that idixt starperformer.. he is a typical LPL fellow who likes to lick tycoon's bxlls... haha...
and maybe like what u said, he wishes tycoon will read his comments and then find his IC.. and then let him marry his granddaughter.. haha...
I really "pui fok" you... u can still talk so nicely to idixt like sxckperformer.. see how rude he talked to u.. if i were u, i already fxxk him many times... we respect ppl when ppl respect us.. and we fxxk ppl when they are fxxcking around with us...

who purposely sold at RM1.54?

wah... who purposely sold at 2.02?

Good sharing KC... really learned a lot from you... you are the best sifu in i3 i have seen so far...

aside to the challenge from KYY... raider, i suggest you show that old man ur real profit this year to see if he really gives u double of your profit.. haha... gogogogogo...

haha.. raider, u r right.. this sxckperformer is just a no-balls idixt who always carry tycoon's LP... haha... and he dares not even answer my question in Evergreen's forum... let's just ignore him totally

haha..i will just ignore this idixt as i have actually answered all his stupid questions with heavy blow on his face.. in fact, he is the one without balls that he has not even answered my simple question... ppl following this forum can tell who tells the right thing... that is all...

i support ur act of condemning KYY... he indeed practises pump and dump with his influence...

haha.. Raider.. good smack right in his face...
this sxckperformer is a typical PLP fellow and likes to lick rich guys' bxlls... haha.. no doubts...
KYY is his idiol but KYY actually never practises much value/fundamental investing.. so you can see the level/class of this joker.. can't even understand simple FA/valuation, but acted like fundamentals sifu... disgusting right?

yes, noah, agree with you.. only the warrant holders know their own plans...

anyway, i still own Prlexus due to its good fundamentals and potential good growth in 2017/18 after the expansion in China, Vietnam and Johor (fabric mill)... and TPPA will likely help boost sales to other TPPA alliances (tax exempted)...

hi newbie_Investor, our guess (mine, noah & R40s) is they can't find interested buyer to buy their warrants from open market... see R40s comment above which is very clear.. the volume is so low and not many buyers are interested to buy the current warrant as the cost is higher than current price of the mother share

Mother share: RM1.38
Cost for buying warrant + exercise price = RM0.53+RM1.20=RM1.73 (which is 35sen higher than buying the mother share directly from open market)...

So you can see how not many are interested in buying the warrant...

unless, they are super confident of future appreciation of mother share price and would like to buy at better leverage, else not many will buy the warrants.

that is why the big warrant holders are exercising their warrants recently in big volume...
and that is really bad for EPS dilution...

What I am afraid is there will be more warrant exercise for quick gain (exercise then sell immediately)...

If some kindergarten level kid who can't even understand simple free cash flow yield calculation (and deem as financial jargon), it is hard to believe that he can understand the much more complicated DCF (discounted cash flow) & DDM (dividend discount model, or Gordon growth model) valuation methods... those who understand what i say here need not ask me how i came up with my intrinsic value... haha... i am not going to put more money into his pocket due to his poor manner and attitude... if wanna ask for some teaching, ask properly ma...

raider, did you see how starperformer (aka sxckperformer) insulted you here just to PLP KYY? that is disgusting...

haha... stockraider/Pierre-Simon Laplace, can help answer my doubt?

i didn't get the story?
KYY revealed someone's IC before?
Who was that and why did he do that?

haha.. here comes the number 1 PLP guy.. later his supporter starperformer may come here too... both like to PLP KYY

guys.. i didn't get the story?
KYY revealed someone's IC before?
Who was that and why did he do that?

2 fellows who PLP KYY very much so far:
1) Stockmanmy
2) Starperformer

Both have a common character:
Do not think FA/Value investing is the most important thing.
Stockmanmy is slightly better, he is an accountant himself and knows FA (just does not apply much). Starperformer is a half-filled tin but pretended like sifu in FA investing.. and when asked about more details in FA, he does not understand and talks the same language as KYY - blamed ppl for using FINANCIAL JARGONS... haha.. if u dun understand, just go and learn urself, dun say that is jargon jz bcoz u dunno.. funny right?

read my sharing above...

guys, u can consider buying in for upcoming good results.. which is quite firm

guys.. i didn't get the story?
KYY revealed someone's IC before?
Who was that and why did he do that?

hi both noah and R40s, thanks for your analysis... i agree with what you said...

but here comes my another big concern:
Since it is most likely that the big chunk of warrants were exercised by big players (as they find it hard to sell to retailers from open market at such big volume); this means that they own a lot of warrants...

and they may continue to exercise their warrant (despite the current warrant price is RM0.53)... but the problem is, when they subscribed RI, these warrant were given free to them.. so their cost to exercise is just RM1.20 (they do not need to buy warrants from others at RM0.53 to exercise it)... and after they exercised, they can immediately sell to open market at RM1.40 to earn RM0.20...

Right? This will cause many more warrants to be exercised...

other than this issue, everything looks very good for Prlexus in terms of all FA valuation.

Actually i am still holding this share... but would like to know what you guys think...

thanks.

haha.. if u beg me to show u how i came up with my calculation/valuation.. i will probably consider revealing it.. but look at ur manner! and, for kindergarten ppl like u who does not even understand free cash flow yield, i highly doubt if you will understand my detailed calculation even if i show it to you...

haha.. i am going to ignore this idixt for real this time..
it is a shame for me to talk to him..
just like a master degree holder talking to a kindergarten kid... different level, no point to argue..
he can't even understand simply free cash flow yield calculation so there is no point for me to discuss the intrinsic value of Evergreen in more detail..
yet, ppl like him who always think himself the best (thus stop learning) will never pick up FA valuation, and will deem these valuation as FINANCIAL JARGONS (haha, sounds like what KYY said about KC Chong... no wonder this sxckperformer liks to PLP KYY so much, same like Stockmanmy).. nvm, just bcoz he does not understand FA good enough, he will say it is some jargons... funny right.. i will stop here..

talking to low grade fellow will bring down my status.. bye

and i am saying it loud... the intrinsic value of Evergreen is worth RM1.60-RM1.70... by 2017/2018...
yes, you have to hold 1-2 years.. but sxckperformer is unlike to hold that long,, he is a short-term speculator...

sxckperfomer really needs to check back the history... who started this? I did not even talk about evergreen in the first place but when he started to badmouth evergreen with manipulated statements, then only i jumped out to clarify... haha.. stupid logic to say " if ur entry is below 80 sen then u should sit down quietly still happy mah"... really stupid... did i say i am not happy with my current investment with Evergreen? Those who invested in share and already made paper gain can't comment or defend the share with real facts (unlike his manipulated "statements")? oooo.... so when he promoted Hevea, i guess he was stuck at high price... if his logic applies... haha...

how stupid can one be? just look at him and u will know...

and i am angry being stuck?
haha.. another stupid comment. I am angry because he does not understand evergreen good enough and only view thing at shallow level and acted like sifu.. then mislead ppl and bring wrong impression...

I started all this research and analysis before i invested in evergreen... when the share price drop to below 80 sen a few months ago, i performed a detailed analysis (so-called financial jargon to idixt like him who hardly knows about fundamental, haha)... and found out that Evergreen was oversold and is undervalued... so i went in below 80sen... nvm, God knows my entry price...

admin, how can i upload a screenshot to show my average price of evergreen?
I think i must silence this idixt with proof...

caught red-handed to be short-sighted short term speculator... based on the above comment

haha.. idixt does not understand long-term investment, yet talks like fundamental sifu... haha.. nvm, let him bark

confirmed how shallow and naive he is...

again, every commodity has its cycle on its average selling price (ASP)... MDF, particleboard and plywood, veneer, etc.. and he is so naive to think that particleboard will always be at the top of the cycle.. haha...

no doubt RTA has better profit margin - i am not arguing on this...

tin kosong always sounds the loudest and ridicule the FA practitioners... haha... and he still dares to talk about fundamental investing without knowing all this.. how pathetic he is...
now i know his level of FA d... really baby level.. haha

haha... someone claims he is better than warren buffet & Joel Greenblatt who use all these FA... haha.. very funny... okla, u r the best value investor... haha

and i have said it many time that my average price for evergreen is below 80sen... haha... still accuse me of being stuck.. pathetic..

haha... only those who do not understand fundamental investment will think these are financial jargons.. sound like KYY commenting about KC Chong (on financial jargons)... haha

and ppl really laugh at this so-called fundamental investor sxckperformer who does not even understand what i wrote... haha... nvm, i teach loser FA but he chose to ignore.. typical loser..

CY tells you that buying evergreen at current price will give you 4.23% cash yield, which is better than FD rate... is this not good?