1.54 now very good time to collect

Collect collect

Time to collect low price now

looking at current condition, best to dump this prostitute and look for new ones: evergreen, mieco, flbhd are a very good substitution...drop drop today

More and more selling pressure...keep on dropping faster run

Those who purchase high price been hit so much, will drop more n more

Agree with greatstock market are slow and expected to be in long run, those who queue think they purchase at very low price, but at current market take example for liihen and latitud are grinding phase for months already

Since 3 days ago say fly, but at the end drop to lowest 1.58 today a lot selling pressure

Like yesterday and two days ago, it might increase slightly then drop and drop again..market expected will be slow in this short time. For kind reminder, please make a wise decision

Today whole world market drop US drop so high 392 points...omg..somemore so many issue happen in hevea i already run 3 days ago..better watch out definitely drop more

Those who highly invest on hevea, better exit before it keep drop even more

In October 2015, the MD of Heveaboard Berhad and one of the Executive Directors of Heveapac Sdn Bhd (one of the two main subsidiaries of Hevea) flown secretly to Korea on an urgent basis.

Their mission : to rescue and resolve some 700 stranded containers of particleboard and MDF, held up by the Korean Customs in a Korean port. The reasons cited by the Korean Custom was that these Hevea products infringed, does not conform and or violated the strict wooden products import regulations of the Republic of Korea, as a hazardous product. And these Hevea exports failed to meet this standard.

These stranded containers was held up for a prolonged period of more than a month and further exports that are already on water or about to be shipped were diverted to China, in part to avoid piling up the Korean port with more stranded containers of unapproved and potentially banned import.

Already these 700 containers are costing Hevea the pains in storage charges and potential hefty fines by the Korean Custom. You can picture the immense area required to warehouse these 700 containers. Each 14-wheelers container-hauling lorry that we used to see on the road carries one container. And the Korean Custom is withhelding 700 of them now.

To aggravate the already burgeoning headache, major Korean television network and news agencies started reporting about this news, no thanks to Hevea's Korean importer's competitors who took the opportunity to blow up the issue. Free advertising for the wrong reason, indeed.

I see that some of you may not believe the news that Kannibu has posted yesterday, and possibly this news that I am now breaking cover.

Here is what I propose and my bona fide challenge to Hevea for the sake of clearing the accusation on any of us : Please come clean and speak out in the public if yesterday's report and this report is inaccurate or false. I stand corrected and willing to face the music by any enforcement agencies, if proven otherwise.

I have no intention to benefit from the slide in Hevea shares price, if this article or Kannibu's or the rest of the forthcoming articles that I am currently working on, would cause it on a downward slope. Any one who knows me knew that I don't even have a securities trading or margin account to start with. I am doing it for a friend. I am also doing it to enable the general investing public to see the real picture of what is in Hevea, so that all will have a fair understanding and a fair chance to decide to invest, to continue investing or to exit Hevea.

And in the process brings out the culprits and increase the investing standard in Malaysia as a whole.





P. S. : I read with a good laugh that a so-called investing sifu (name withheld to prevent it from public humiliation) in this forum who said that some large percentage of Hevea product goes to the USA. I like to say to him : Go do your homework carefully, before proclaiming the sifu title.

Hevea exports 0% to the USA.