I am a day trader. I am out within two ticks then I sit there and wait as the risk got higher

Have you ever go finishing. I used to fish in NZ. When the Kawai came they came in a group and all little fish is running around. I throw my spinner down and pull up a fish and drop my spinner in again real quick. But those kawai would just be there and disappear in five minutes if you get what I mean.

be careful don't keep

Big fish coming

Hotrod have a look at Evergreen now. those who bought this morning are in trouble already. What happen next is that they will panic and cut losses and push the share price down below $1. JN88 will then sapu all while I watch. LOL

It depends on the turnover. You could roughly work out what those contra player is going to throw and what the has changed hand already whether the demand is greater than the supply.

My brokers advise me that about 20% to 25% are contra players

Have a look at the volume of the last few days.

Expect huge throwing on Monday as huge numbers of T+3 due on Monday and Tuesday.

the fake support at $1 seems to indicate to me that they still have a lot to throw. Who knows.

No one can tell where the bottom is. I personally prefer to buy only when I could see it trending up. Looking at the turnover over the last three days, I suspect there will be pressure to sell down whenever it try to take off. There will be lots of t+3 and +4 due over the next couple of days. I won't be surprised that it drop below $1 tomorrow.

it will come to a point where the market think it is too cheap and start collecting again. The trouble is foreign Fund managers are running for their life because they expect China to move into recession which will affect all the Msian export company.

Hi Spectre007 I did said my forecast is 95m to 100m and TP at 1.45. I mentioned today that HL report come out with TP at 1.6 which is too high. right now I think export is out of favour some syndicate is trying to get out slowly.

what pay more attention! Run for your life.LOL

Just watch. good support at $1, It will get there.

Well if the market behaviour is similar to Latitud on this counter, the chances of the price trading between 80c to 85c would be very high. Now that the price has gone below, the next stop is $0.985

Well if the support at 1.05 didn't hold it will drop to the next level at 98.5c then at 93c. Judging from the volumn this morning, it is highly probable that it will drop below 1.05.

Be very careful if you are going in. It looks really cheap to me right now. very tempting but I will hang around watching for now.

to Pretty hard to said. My own forecast was bw $95m to $100m. Well it come in at the lower end. Factoring in the moving of factory and lose of production from the moving of Masai plant and strengthening of Rg I still think the TP should be around $1.45. I do not expect market to punish them that much.

Have a look at the latest Hong Leong report. Their TP is $1.60 and recommendation is buy. They look at it from the fundamental points of view without any surprises. To be fair, analyst can only look at what was given to them in term of financial figures and projecting it out without expecting any surprises. I suspect there might be other surprises they have not announce. I didn't know that they shut down their power plant in Thailand for two months last quarter which result in a lose of $2m for their operation in Thailand for example.

The results come in as expected even though it is at the lower range of my forecast. Although the dividend is only 1c, it is a bonus and a good start to a new beginning. The PE is low and the share look cheap considering that my forecast for 2016 is $105m to 110m. Unfortunately this counter has been manipulated by some big brothers. Please be very careful if you are trying to trade for short term gain.

Results probably be out today or Monday. I have bad feeling about it.

I suspect Evergreen might write off some old rubber trees like last year! Then it's not too bad as it has no direct cash impact.

fake buyers and sellers to cage the price at 14c. I suspect someone is forcing those private placements in Nov to sell down.

anyone check with your brokers re Evergreen funny trading behaviour?

HIgh volume in every counters. Big traders selling down follow china

Hardly any t3/t4 today. all those traders that bought yesterday taking profit. also manipulators in there

too many traders!

If history repeat tomorrow will be up.

my forecast was suppose to be very good if there is no surprices.. but now I could smell fish..:-)

bloody traders who bought at 1.19 queuing at 1.2 holding the price down

given 1.2 is the support line

t plus 3 shd finish selling after 20m shares changed hand. I think 1.2 can buy back in

I am buying at 1.24 anyway

If there is no surprises, I would expect the result to be better than last quarter. There is always that 1% chance!

Evergreen still working on its wings

someone just bought 600k to push it up to 1.26. I think it will turn green today

Is there any news that affect the fibreboard company? Look like both Hevea and Evergreen were affected. Exchange rate right now is 4.24 against US. I thought it is good news

I suspect the results will be out this Friday. Finger cross that there is no surprises!

Probably 75% traders by the look of today's trading.

oh by the way, I am just sharing my knowledge as an ex CFO. I am not recommending you to buy or sell. Please don't blame me later..

Lotus f1 Read the detailed report dated18 Jan 2016," Evergreen makes hay while the sun shines" in The Edge. The report also mentioned about their 10 Acres factory in Masai and 4410 acres of plantation in Kahang for sale. Overall a very balance report. I believe once the result is release end of this week, there is a high probability that the share will be rerated. With new machinery commencing in 2016 and new product coming on stream, and the initiative taken last year to improve efficiency, I expect the revenue to increase by up to 20% so is the profit margin. The profit margin increases come from the reduction in the number of unskilled worker and speeding up the manufacturing process. The current share price weakness is most probably due to the recent bonus issues and the fear that Ringit might strengthen. I expect Ringit to remain at above $4 to $4.25 against USD for the rest of 2016. Oil prices will also remain at around the current level till at least middle of next year. Oil prices has a direct impact on the cost of glue Evergreen consume. Although world economy is slowing down, I would expect record earning and profit for Evergreen in 2016.

Hevea Jump 30c in 5 days over that time Evergreen only 13c. Don't be surprise of sudden price jump.

lotusf1 please locate CIMB research yourself. I am busy trading right now. They expect proceed of $80m from sale of land.

don't sell. expect some resistance at 1.32. You should get a much better price later

Hevea is taking off. Look like market expect Hevea's latest result to be good. On that basis Evergreen should be in the same boat.

Do not be slave to fear. Evergreen in fact has reduced the number of non skill workers last year due to automation and the impact will be seen this year. There will be further efficiency improvement. As to dividend I think there is a 90% chance that they will distribute a dividend as I expect the result of last quarter be exceptional given the exchange rate then. Further more there is a good chance that they will sell their Masai property and 4400 acres of plantation in 2016. Evergreen operating manager had mentioned that there will be a special dividend distribution if they manage to sell the eared mark property.

US DJ future looking good. Its neutral. Evergreen next resistance at $1.32 after that $1.36. Have a great weekend all. hope you all Huat ah..Have fun and be safe. cheers

JN88. It might get there. I think CIMB exchange assumption was $3.8. Given that the last quarter were mostly above $4. They mentioned every 10c would have an impact of 9% on bottom line. on that basis if you time you get $2.11 when you multiply their TP by 20%. With the propose sale of land and special dividend after the sale of land I expect the share to run next week.

buy now or miss the boat,