I was told by my friend in The Edge, there was a big interview on Hevea this morning. The article will come out this saturday. See you at $1.80 minimum next Monday

The jump up to 1.70 is much faster than I thought.

I don't know what you going to think, but I am going in with a huge bet !

If we just play a conservative role and let him make the more than 100% return, while we just play "tag along' strategy and be contended with a 100% return, then a good exit price maybe in the region of RM 2.60 to RM 2.80 level

For an operation of such size where a fund of at least RM50m is deployed, don't expect that "someone" is going to make or look for just a 100% return on their investment

Imagine how many cheap shares at level between 1.30 to 1.4 were sapu by these peoples!

Immediately after the completion of the PP exercise on July 23, we started to see both Hevea and WB shares price moved upward from 1.40 level to 1.61 now !

Remember, the Private Placement (PP) exercise was issued under a "controlled" strategy whereby Hevea shares price were suppressed during this period at 1.38 to 1.40 level, so that the PP allotee will get to buy the new shares at between 1.24 to 1.30 level. Smart move of that "someone"

Whatever the conclusion may be, I am pretty sure a long term investor or a group of investors or even a few fund managers may have already dipped their toes in Hevea. This assumption is strengthen by the fact of active Hevea trading since Jan 2014.

I may need to watch more closely on the performance of both Hevea and WB in order to come to a conclusion that if that "someone" is actually accumulating Hevea or WB or both.

The interesting thing is that WB volume is always smaller than Hevea, during these period. This of course can be due to the fact that the total WB issued units is only 43% of Hevea's issued shares. But it can also be argued that that "someone" is not selling any WB into the market, albeit as a prudent investor, he should have cash in on the frenzy of WB with an unreasonable 21% premium

I noticed that this time when Hevea shot from 1.50 to 1.65 level, it was actually started by the big buying of WB from 0.76 level to 0.95.

Be that as it may, the high premium attached to the WB now can be due to a tighter supply of WB. What I mean can be that 'someone' may have collected a lot of WB, so much so that you need to pay more or chase the WB price in order to get one.

Of course, holding WB is a very strategic and defensive method for all those substantial shareholders of Hevea, in the event a hostile take over war is on.

But up and until now, I don't see this happening anytime soon

Currently at RM0.94 an unit, it represents a premium of over 21% to directly buy into Hevea.

With the resumption of Hevea starting to pay dividend from now on, after almost 5 years not paying, this actually made the premium gap wider considering that WB is not entitled to dividend distribution, as well as the profit made by Hevea

Four main reasons why I think Hevea-WB is more actively traded than Hevea :

1) WB has a much smaller issued base of 42.666m warrants, compare to Hevea's 99.44m issued shares

2) WB is cheaper for punters to buy in quantity than Hevea

3) The natural characteristic of warrant's leveraging function

4) WB's expiry is only in Dec 31, 2020, a long way to go

Volume died down

Tried to start the pushing up this morning but shot down by Obama

Still won't drop after losing the Audi franchise, state funds must be supporting it

Lets hope it can continue the momentum this time, and not like the previous few rounds, one day show only

This hevea now made me more than sleeping soundly, but Sweetly as well.

How can an overly undervalued stock not even traded for half an hour after market opened? More so, the buyers are also lacking

Sure down 10 sen tomorrow

After raising the money through ESOS for khessan, the cash-crazy DS Liew is gunning LONBIS. RM246m loans is just too much to settle with biscuits or swissrolls

False start again. After raising the ESOS, the cash-crazy DS Liew is gunning LONBISC

Fundamentally this is an ok company, only in the wrong hands

Pokai company. ESOS also need to do 2 rounds only can raise 9m shares

In financial psychology , there is a term called "myopic aversion", which mean investors become panic or get excited when the stock price fluctuates. If you take a long term view in investment, the only way to overcome this is to ignore the daily fluctuation.

With its strong financial performances over the last few years, HEVEA definitely is not a stock you need to monitor daily or weekly. You can certainly sleep soundly with it.

Even without MH370 and MH17, there is little chance MAS will succeed. With MH370 and MH17, it made matter worse. MAS is full of shit ranging from overly unionised, unfavourable contacts, too much government intervention and not not just bad branding but also bad luck. No point continue to pour good Tax payer money to save this airline. It is best let it go bankrupt. Government to allow Malaysian businesses to bid for establishing another airline company without Khazanah or PNB involvement. With new airline, the company has start it own branding to break away from MAS. Get rid of the unions and all contracts. Hire the best regardless of whether they are form MAS or other airlines or non airline management and employee. In this way, there may be a chance for the new airline to make it. With MAS, the chances of succeeding is remote, painful and expensive.

Posted by SS3U > Jul 12, 2014 06:37 PM | Report Abuse

Simple mathematic :

Liihen NTA $2.50
Hevea NTA $2.63

Liihen Market Price $2.42
Hevea Market Price $1.40

Buy 2,000 shares Hevea $2.80 = Buy 1,157 shares Liihen

That mean when you pay $2,800, not only you get 2,000 shares of Hevea than only get 1,157 shares of Liihen, BUT YOU ALSO GET
$5,260 worth of Hevea than only $2,893 worth of Liihen,
which would you buy then???

Looks good now

Good level to enter

Post removed.Why?

I should think so, vinvin. That includes LONBIS by the way

This is precisely what is happening in this ESOS issuance. Bursa has no qualm as to how much and how many ESOS shares are issued at any given time, except that there is a rule governing the maximum ESOS shares that can be issued within a prescribed period.

If you are an employee of Kheesan who is entitled to the ESOS shares, will you pay at the par value of $1.00 when the market price is only $0.60 a share?

When the company needed to raise capital where there is no other avenue to do so, this is the easiest and fastest way.

Such issuance of ESOS or private placement shares under the par value were so ubiquitous in the aftermath of 1997 financial crisis.

Let's vote with our feet !

If my fear is indeed the real scenario, then I must conclude that this board of directors ought to be sacked as they have no heart and consideration for the minority shareholders

My guts feeling is that the ESOS was issued under the par value of $1 00, judging by Kheesan's highest traded volume in its history on yesterday 9/6 and at prices in the low 60s

If the ESOS was issued under $1.00, then the short fall from the par value and ESOS price will be treated as a deficit in the reserve account. In this case we'll see a erosion of the reserve account that ultimately reduce the chance of distribution through bonus issue

If it is above $1.00, the excess will be treated as shares premium and credited in the reserve account for future distribution either as a bonus or to mitigate losses through write off

No disclosure was made as to the price of the ESOS. The board may choose to issue above or under the par value of the share which is at $1.00.

Posted by Kannibu > Jun 3, 2014 08:52 PM | Report Abuse X
we know what we are doing, candy girl. Please confine your war with whoever out there in your lii hen thread and leave us alone

If indeed they are in Hevea through the private placement, then I would give the management a thumb up for landing them as a long term shareholders. BUY

Lloyd Bank has a sizeable portfolio in emerging markets like Malaysia and they are long term investors

@&%!!*^%&^!@!

Dumping the newly created ESOS shares like flushing out the toilet bowl !

Sad case for both Kheesan and LONBIS shareholders on the unruly behaviour of the management/substantial shareholders in treating the minority shareholders as stray dogs !