accumulate at $1 and be patience. Wait for next wave to take profit for day traders

good support at 65.5. accumulate at this level and wait for the next wave.

The company have not disposed of its treasury shares that it has been buying over the last two months. I presume the company is doing well and perceive that the share price will rise further in the future.

results announcement soon. Hopefully the result is better than last quarter.

Both Evergrn and Latitude are fundamentally too cheap. Hopefully one day the price will catch up

Those who followed me collecting at base $1 and $1.01 might want to consider taking some profit at $1.06 if you are a da trader. Medium term investors should hang on.

trend intact.

This counter always bottom around 99.5c or $1. Look like it has some good support today. always accumulate at the bottom.

very good support at $1. accumulate

I believe the management need to be a bit creative. May be they should look at the possibility of taking over Evergrn and Hevea by way of cash and scripts to compliment their business rather than keeping cash for expansion.

cheaper to buy ewein-wa. no premium, Issue price 61c,

Worried about it if the directors totally sell out? The trend is still up.

Directors are buying. Accumulate now.

It is an undervalue shares fundamentally. the price drop is probably due to exchange rate. US is unlikely to raise rate after Brexit.those who has a medium term view should accumulate.

you have picked the bottom really well. I need to learn from you.

1.15 coming. @Ksng0307 I hope you managed to jump on Board.

The report mentioned that $90m of LED were delivered in the first half year and 80% of the revenue were from LED. It means that Q2 revenue would be in the region of $60-$65m compared to Q1 and if margin is maintain then EPS for Q2 would be above 3 cents ps. Therefore I would expect the share price to have a good run this year.

My forecast above is assuming that the margin is maintain and that $180m of revenue is from LED as disclosed by their CEO and the other 20% from the other precision business.

Based on thestar.com report above, I estimated the profit for this year to be in the region of $14m to $15m ie the profit would be double that of 2015. Therefore their plan to increase their bottomline to above $20m by 2018 is very realistic. As long as their sales continue to increase at the current rate that $20m is likely to achieve by next financial year (2017). meaning accumulate this share on weakness

Look like my broker's record is wrong also. instead of showing 1 cent distribution they show 0.01 cent!

I see what you mean after checking the announcement. They call their year end distribution an interim dividend. they should have call it final dividend and not interim.

I do not quite understand your question on dividend. Evergreen did distribute 0.1 cent at 2015 year end. The company usually look at their cash flow position and their planed capital expenditure at year end or half year end to determine whether they can afford to distribute a dividend. Evergrn is obviously not willing to borrow to pay their investors. I must congratulate their CFO for doing a good job. What they need to improve is to reduce their inventory and receivable by at least 50%. that will improve their cash position by at least $75m. It means they might be able to reduce their borrowing or distribute a better dividend.

@Jeff10000 I always recommended this share to medium term investors only. Meaning you might have to hold for a while. Currently most export company are out of favour even though fundamentally they are cheap. The market is expecting Rg exchange rate to strengthen and therefore affect their profit. I personally think it is over done. You are right that I have not taken into account the recent cash issue in evergreen.

accumulate on weakness. Directors has been selling shares to related party. Datok Tan has been buying.

Isn't Evergrn and Latitud trading with PE below 7. Hevea NAB is 0.82 but trading at $1.20. whereas Evergr with NTA of $1.37 trading at $1.07. One would expect major shareholder to privatize Evergrn given that it is trading well below its NTA. The more the bank promote this company the worse the share price will become according to my remisier. Apparently, the syndicate would try to keep the price down until such time that they think it is ready to push. Personally, I believe unless Evergrn sell its factory site in Masai or some land bank at a profit and decide to distribute a special dividend, the share price is likely to remain in the doldrums.

would splitting shares help?? It may and may not. Have a look at Evergrn which has 846m shares on issue. It's liquidity is ok. Yet it is trading below its NTA($1.37). The PE for Evergrn is more or less the same as Latitude. Both were trading below 7 not to mention that Evergrn is actually paying a dividend. This is a new phenomenon which I do not understand either. I suspect the major shareholders trying to keep the price down for one reason or another.