@VenFx I am 8835km away from KL at the moment. Temperature is around 12 degree outside right now.

10,000 miles away?? really.

Good Job Ksng0307. You have done well. be happy. we cant win all the time cos there is always some crazy people upsetting us..:-)

@ksng0307 what do you mean no chance to get in. I thought I advise everyone to get in this morning.

Look at JHM now VenFx. I expect it to trade at $2 within 6 months.

@ VenFx I bought some EGWC to join you in your monkey business yesterday. How about join me at Emetal. potential profit 60% short term. The risk is medium. I noticed that institutions has been accumulating. JHM still got 40% to run. don't worry about it.

Instituition are collecting. accumulate potential tp $1.60 in six months

once panic seller finish selling I expect the price to resume upward trend

today is when panic seller selling after UMA

Accumulate on weakness.

I banker is correct. It would be trading at around $1.44 very soon if market follow fundamental.

I expect fund manager to push it above $1.

accumulate on weakness.

no way.. its still too cheap in the eyes of the fund managers. Fund manager are collecting them during this wave. They will sell out at the next wave. Unfortunately, there is a lack of seller. hopefully in three months the price will reach $1.40.

some broker is using automated trading to keep the price low for them to collect I think. bugger them.

By the way, the above comment is only my opinion based on my 6 years experience with a large Fund Manager in Australia. Fund Manager only based on Fundamental and not technical. It is only my opinion and not a recommendation for you to buy. time will tell whether the Bursa Market behave like Australia and New Zealand market.

I don't think it will retrace unless global market crash or something unexpected happen to the company. The share price is still undervalue. In fact I expect the share price to move up a further 60% within the medium term to a more appropriate value. It should be trading around $1.44.

One possibility is that Evergreen is looking at a private placement or right issue to fund their capital expenditure and the organising broker who know about it selling down their holdings so that they can pick them up cheap.

Can't find any reason for the sell down. Lets hope this is the start and end of it.

Well Done JinAurora. Congrate. Medium term investor continue to accumulate.

you will regret in a few weeks. This share is yet to reflect its growth value.

The result is in fact excellent in due of lesser working days in Q1. Not only did the revenue increase but also the margin maintain. The disclosure by the CEO is obviously credible. I would expect the 2016F EPS to be in the region of 8 to 10 assuming the growth continue as expected. Medium term investor should accumulate.

increase in revenue and profit. looking good

Result out already tonite. Revenue slightly lower but profit increase in line with all the other steel product company. EPS of 2.36 is better than last quarter. TP should be bw $75c to 90c. Hopefully, the market would upgrade this counter on Monday.

Result out soon. Hopefully it would be better than expected

buy if you are in with a medium term view.

Look at the announcement. Obviously the company think that their share price is too cheap. Unfortunately they do not have a lot of liquidity ie no fire power

accumulate

Uptrend already started

Potentially it could be a takeover target by Latitud given the current share price. Potentially, Latitud could offer a share swap. I am sure their operation will complement each other.

I am disappointed that Latitud didn't try to takeover Evergreen by offering a share swap given that both share prices has dropped substantially. It would definitely get rid of a competitor and enhance its operation.

3Q result should be reasonably good given the exchange rate.

Trade2win mk a call to buy in at 1.08 and above with TP 1.20 within 14 days, I think they are right. Those who wanted to dump would have finish dumping by now. the exchange rate for first quarter were above $4.00 so expect first quarter result to be reasonably good.

At last someone show me the rope to track down HL report. Great.. I think HL profit margin might be a bit too high...

Where could I get the full Hong Leong Report?
my own forecast is $22 to $24m profit for Mar quarter, and full years of $105 to $110m assuming rm:US $3.90 for 2016. It take time to market the new product and there are marketing costs involved. The saving from 440 workers as a result of automation might not safe as much this year as they would have to pay for redundancy. Max benefit from headcounts for sH16 is probably less than $3m. I would say all that saving would be eaten up by the initial marketing costs. The benefit might come next year.

Hopefully in the medium term and not the long term

Jupiter recommend their premium member to buy with TP 63 within 12 days

production results no good obviously

It is affected by the strengthening of Rg$. Profit might drop 20% this year compared to last year if exchange drop to $3.80 within the near term. Even taken that into accounts the value of the share still should be around $7.87 assuming a PE of 12.

Need to break through $0.50 first. some buggers were keeping the price down :-)

oversold but still sell signal. all export company are out of favour. Try accumulate some SMRT for May results. Good luck

don't risk your hard earned money

The comments from the CEO in the last quarter's reports indicate that the numbers of student in take is much higher in 2016. I anticipate the company to turn around in the first quarter of the 2016 and the profit hopefully will be sustainable for the rest of the year.

accumulate

Although CPO prices is up the production is well down. My last three month's production drop 47% compared to the same months last years. In term of profitability I am down compared to last year. Hopefully CPO prices will remain when the production pick up around July.

???

yes Evergreen has a big customer base. Unfortunately, China is now one of the big power house. When it slow down it affect all the other countries as well. The result for the first quarter to 31 March should be ok.

Look like you guys has been having fun. I just got back from China. Their economy is certainly in recession like Malaysia. The decrease in demand is very obvious. It might be one of the factors that affect this counter. The weather in Msia certainly too hot. I look forward to flying home this weekend to enjoy natural aircon at home.;-)

4pm might be an interesting time to watch

Have a look at Latitud trading at PE of 6. If it happen to Evergreen it would be trading at 67c!!!