@Ikoky are you dreaming now?
Revenue improved by 5% compared to 3Q17, and net profit is increasing from 2Q17 (RM8.6mil), 3Q17 (RM9.0mil) to 4Q17 (RM9.5mil).
And 4Q17 incurred forex loss totalling RM951k, otherwise this QR shall be much better.

http://www.sinchew.com.my/node/1728006/115%E4%BA%BF%E8%B6%85%E6%A0%87-%E6%8F%90%E5%89%8D%E8%BE%BE%E6%A0%87%C2%B7%E9%87%91%E7%BE%A4%E5%88%A9%E6%94%B6%E7%9B%8A%E5%82%B2%E4%BA%BA

Short term target:
I guess 4Q17 EPS is about 2.2 to 2.5c, about same as estimate by JF Apex.
Hence, FY2017 EPS shld be about 10 to 11c. With 10 PER, the FV is at least RM1.00. This counter is already dumped heavily in recent times, is good time to accumulate more if you have confident to them.

Mid-term risk & opportunities:
- Forex risk is get eased as now USD is strengthening, with the back of oil prices going down.
- High material costs can pass-on to customer in 1 or 2 quarters' time, but could face pricing war from intense competitions.
- manpower shortage issue.

Long-term prospects:
- Gourmet fungi new business is on track
- 2020 Japan Olympic Game
- Capacity expansion for both RTA & Particleboard division to cope with future more demands.

https://klse.i3investor.com/blogs/jfapex/147131.jsp

From the date of release of 3Q17 result until to-date, Hevea already bought back 540,000 shares with average cost of RM1.251, which represented 48% of total 1,122,000 treasury shares. Does it mean that the Board is in view the share price is undervalued? Or they have spare cash but dunno what to use it? Or bcoz they are very confident with business prospects?

Dun think Gadang will declare special dividend.
Instead, they will pay off the loan interest as soon as possible after interest rate hike announced last month.

Lau333 There goes my hope for special dividend post Capital 21….. Buying land at Pontian, Johor.
http://www.malaysiastock.biz/Company-Announcement.aspx?id=1032564
06/02/2018 22:32

From 1 mths ago about 2.10 till yesterday 1.56, already drop by 0.54 or 25.7%. Wondering izit already reach the bottom line?

Grab 0.92 under my mum's account. The price is just too attractive and I got to change my mind to what I had said yesterday.

Amazing. So many counters drop today but GPacket is little affected.

I'm looking good for Hevea future prospect & business, but I'm not very comfortable for 4Q result which to be released by end of this month. Let's see how the result first to decide next action.

Just buy. Collected at 2.95.

My last brought price is 3.24. Let's see any chance to top up below 3.10.

https://klse.i3investor.com/blogs/kianweiaritcles/146121.jsp

Trading suspended again.

KEN could be good but no volume.
Tambun is good dividend stock but prospect is uncertain.

I not fully been convinced by those analyst's calculating on those forex impact. Somehow i think forex sensitivity analysis where disclosed in the AR is much correct. But everywhere, ppl believe weaken USD will hit the export counter, there is the trend I cannot deny.

Just take first 9 months FY2017 to extrapolate whole year EPS, shall be close to 12 cen per share. If PE 10, fair value is 1.20. If PE 8, fair value is 0.96, which close to current price now. And to remind that Heveaboard made profit is not bcoz of forex factor. Higher profit margin, production efficiencies, increased sales demand etc.. is the main contribution to their success these years.. Anyway, not suggest to buy or sell here. Bear risk on your own decision.

Wan to ask, still can join this stock pick competition?

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1031525

Hevea start to buy back own shares.

For FY18, yes, definitely we will turn around. With this contract, we should easily double our last year’s revenue. Because of the size itself, even if it is [a] single-digit margin, it is already quite substantial,” Tan said, but declined to reveal the margin under the contract.

xxxxxxxxxxxxxxx

Beware of this message, MYTV contract is RM272mil for 2 years. Let's say average one year is RM136mil and multiple with 5% PAT margin, profit from MYTV per year is RM6.8mil, or equal to 0.23 EPS per quarter.

RSI shows oversold already. Is it the end of down trend?

Good sharing. Thanks!

True. Kok Onn is not smart or intelligent guy. He just doing the right thing at the right time.

Kimlun Corporation, a Malaysian construction and engineering firm, said Friday it plans to buy 47 plots of vacant land and 30 houses for a combined 68.41 million ringgit ($17.65 million).

The company plans to carry out enhancements on the houses, and build bungalow units on the land if the proposed acquisition goes through, Kimlun said in an exchange filing. The properties, located in Shah Alam, Selangor, have a combined land area of 81,854 square meters, it said.

The proposed acquisition provides an opportunity to increase the size of its land bank in strategic location in order to enhance its future revenue and earnings, Kimlun said. The acquisition is expected to be completed by the end of first quarter of 2020, it added.

Hi SC, you dint do well your homework. Pls read Annual Report page 8:

Foreign Currency Exchange Risk

Most of the Group’s products are exported to foreign countries, primarily those in Europe, Australasia, North and South America, Asia and Africa while certain raw materials like leather, PU, fabric and wood are sourced from foreign countries such as India, Vietnam, Korea, Thailand and China.

The Group is exposed to foreign currency exchange risks as approximately 99% and 70% of our revenue and total purchases respectively are denominated in USD. Fluctuations in USD exchange rate will have an impact on the prices of imported raw materials as well as export earnings, which will in turn affect the profitability of the Group. The Group’s profit margin is generally expected to improve if the USD strengthens against RM which will then increase the profitability. Conversely, the weakening of USD against RM would generally reduce our profitability due to lower profit margin, dependent on the extent and effectiveness of the hedging strategies adopted.

At present, the Group have credit lines for foreign exchange forward contracts with several financial
institutions. Should the need arises, the management can readily utilise such forward contracts to hedge the fluctuations in exchange rates between RM and USD, after taking into account the exposure period and the related transaction costs. Further, the Group also maintain a foreign currency account to facilitate the receipt of revenue collections which are denominated in USD to pay for some of our purchases which are also denominated in USD. Thus, it provides some form of natural hedging against any adverse foreign exchange fluctuations.

Notwithstanding the above, there is no assurance that any adverse fluctuations in foreign exchange rates would not have a material impact on the Group’s financial performance.

Raw material cost is keep increasing. You can see it hits every manufacturer as well. It depends on how fast they can pass-on cost to the customers, maybe need 1 or 2 quarter's time. Good thing is revenue registered new high again, I think their expansion plan is working on track.

Bought at 3.24. Good to accumulate more.

Bought at 0.55. I trust Kok Onn wont let me disappointed.

rubberwood ban帮助不大，最关键的是log和glue的原料价格很高

Who attends AGM today? Appreciate if someone updates here.. thanks.

Based on latest AGM data (shared from bluefun post), the actual construction order books shall be RM1.6-1.7mil:

RM'mil AGM Fact / Actual Contract Amt
KVMRT V206 = 933.7 / 952.09
RAPID 301 & 402 = 103.8 / 560.13
Cyberjaya Hospital = 475.0 / 475.00
TRX = 166.6 / 167.23 (51% of 327.91)
Total = 1,679.1 / 2,154.45

And do note that TRX is JV project, the profit will reflect in the "share of results of JV" item in the P&L. Hence it's revenue wont included into the top line revenue.

Debt to equity ratio increased from last Q of 0.33 to current quarter of 0.42 due to increased bank borrowings to finance IP in Damansara Perdana of RM45 million. However, working capital ratio still above 3.0 and is healthy position actually.

Price drop faster than my expected. Looking for below 1.90.

If you believe cash dividend is sort of important than capital gain, Liihen is the best and one of most consistent performance stock I've seen.

Liihen rank top 10 stock for the past 10 years. History proves everything.

http://www.enanyang.my/news/20180122/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%9110%E5%B9%B4%E9%A3%99%E6%B6%A8106%E5%80%8D-myeg%E6%9C%80%E7%89%9B%E8%82%A1%E7%8E%8B/

Already 1.99. Looking for 1.90 possible?

https://www.channelnewsasia.com/news/asiapacific/jb-s-capital-21-mall-with-indoor-theme-park-targets-august-9859102

pakttua73, I tot you saying you going to cut loss?

To quote 1.20, the PE ratio needs to drop until 6. Unless some ppl are shortage of money and sell this counter, I think is hard to get 1.20.

Beza, my avg cost is 1.41 now.

With current PE ratio below 7 and div yield 0.11/1.31 = 8.40%, worth to buy!

Buy at 1.31 too and lower down my average cost.

Waiting for 3.25 or PE below 8

你想到的数学题难道管理层会想不到吗？
通常出口公司都会做hedging和forward contract来抵消外汇损失的
美金升值或马币贬值不过是额外bonus给出口股的，到最后还是要看公司的营运效率如何

https://klse.i3investor.com/blogs/kenangaresearch/144381.jsp

The table terbalik EPS and P/E ratio.

Target to buy if below 2.00.

Sold at 3.08. Bye bye OldTown

PE is below 7 now. Good entry price show again.

As follow up to the announcements made on 27 October 2017 and 15 November 2017 pertaining to the fire incident on 27 October 2017 at the second premises of Favourite Design Sdn. Bhd., a major wholly-owned subsidiary of Lii Hen Industries Bhd. ("the Company"), the Board of Directors of the Company wishes to announce that the following claims have been agreed and confirmed:

Claim sum agreed (RM) Net carrying amount (RM)
Plant and machinery 379,297.14 703,425.52
Factory held under PLO 47 2,571,398.59 3,078,430.54
Inventories 2,012,469.11 2,012,469.11
Sub-total: 4,963,164.84 5,794,325.17

Sale of scrap material 906,992.68 -
Total: 5,870,157.52 5,794,325.17

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1026351