Good QR...

Previous floods in Johor is affecting Evergreen factory operation therefore I think for Evergreen coming QR it will be good if there is YOY increase...

Most of our furniture company bought raw materials locally by ringgit and sell products overseas by USD... this time Boss will laugh

Today ringgit was traded at 4.40 against USD... this is good for exporting company. Next QR should be superb

Dropped in share price cause by external factors ie DJ correction, recession and inflation fear. Evergreen manage to back to profitable by both internal/external factors. External -increase of ASP and external factors -company restructure, cost control efficiency and increase production of higher margin products. Currently share was traded at 0.685 translate to 0.57 x BV which still at huge discount.

I think drop in lumber price should not effect Evergreen as it produce 75% of MDF/PB and 25% of RTA/value added product. MDF was made up by 82% wood fibre, 9% of urea 9% of paraffin wax + water.Drop in lumber price shall benefits Evergreen as raw materials are getting cheaper.

Still short term traders are disposing while value investor are collecting.
Recent share holder changes can see EPF is adding 1,402,600 shares while JP Morgan bought 14,156,215 shares.

Good time to collect

Short term player cash out/sell before long holiday... let's see. After holiday it will bounce back.

Now Texchem already traded at 1.39 x BV... Stronger USD will lift Evergreen earnings for Q2 2022. Evergreen continue uptrend

Strong evergreen will back to 2015...

【投资主题】2022年可不能错过的投资主题, 错过了可能要等上10年 The investment theme that shouldn't miss in 2022
https://youtu.be/4mNGck9HPOI

If Evergreen is selling at 1.8 x NTA of RM 1.22 share price shall be around RM 2.19...HUAT..

I think investor are more willing to pay higher for Mieco as it's current profit margin of (7.38) is higher than Evergreen (3.81). Evergreen after restructure, disposing its loss making business and back to normal after COVID-19 restrictions with higher ASP Evergreen profit margin will rise higher. Stronger USD will also strengthen its earnings. As current Ukraine war not ending soon commodities will still remains high. I believe Evergreen is on the right path of recovery. Hopefully it can create new high of earnings surpass previous high of 71.44M in 2016 prior BI.

Texchem sushi king is back, currently it was traded at 1.25 x BV. Evergreen which will benefits from Indonesia capital shifting from Jakarta to new capital Nusantara where millions of new house will be built shall also be traded above its BV.

Waiting to break 0.80.

Trading Stocks - Evergreen Fibreboard https://klse.i3investor.com/blogs/rhbinvest/710373.jsp

Both Texchem and Evergreen are having similar case but currently Texchem share price was traded at 0.98xBV while for Evergreen it's share price was still traded at 0.59xBV which still at huge discount on their share price therefore Evergreen price movement shall be similar to Texchem which to be traded around 1.0xBV.

Evergreen is MDF Dragon head..soon will break RM 1

I think currently this stocks is changing hands between trader to investor where trader are que sell at 0.60 n investor buying...it should start flying once break 0.615.

Market sentiment weak with increasing covid-19 cases and fear of new lock down. Next QR is expected to be green as ASP continue to increase. Good to accumulate now.