Hmmm....better than those soon-to-be bankrupt company like Evergreen loh.

Hevea has so low debts, high cash even after minus all liabilities. Earning power per qtr also above RM 20m already.

Next month announcing Q1 FY17 qtr result which is likely to be very high Net Profit! due to these piece of news:

http://www.theedgemarkets.com/my/article/malaysia-gdp-grow-45-2017-says-rhb-research

http://www.thestar.com.my/business/business-news/2017/04/12/industrial-output-picks-up/

http://www.thestar.com.my/business/business-news/2017/04/06/february-exports-hit-7year-high/

http://www.thestar.com.my/business/business-news/2017/04/05/malaysia-febuary-exports-jump-26pct-as-china-imports-grow/

http://www.cnbc.com/2017/03/30/china-march-official-manufacturing-pmi-rises-to-518-beats-forecasts.html

Ouch! stockraider cannot take it like a man. Such a loser

Stockraider should blame Evergreen who conned all his money. Why u so frustrated? Must be Evergreen doesn't pay u dividends. Oh haha...come to Hevea lah which pays dividends every quarter while waiting mah.

Only those companies with:
1) LOW DEBTS
2) HIGH CASH HOLDINGS
3) DOUBLE-DIGIT PROFIT MARGINS
4) DIVIDEND PAYING

...are going to attract investors' money.

Hevea shareholders are steadily receiving dividends at any price we bought in.

RM 0.025 announced to be approved at next AGM next month.
RM 0.02/0.025 dividend to be declared on Q3
RM 0.02/0.025 dividend to be declared on Q4

Hevea's cash balance at RM 128,443,000 at Q4:
RM 94,312,000 (CASH,BANK BALANCES AND DEPOSIT)
RM 36,039,000 (MONEY MARKET DEPOSIT)

Hevea's total borrowings at RM 15,489,000

Hevea's average earning power per quarter: RM 20,167,000

Take the latest 4 quarters Net profit results:
Q1 FY17: RM 20,268,000
Q2 FY17: RM 15,161,000
Q3 FY17: RM 17,233,000
Q4 FY17: RM 28,006,000

(28.006m + 17.233m + 15.161m + 20.268m) / 4 qtrs = 20.167m averagely per qtr
RM 15,489,000 total debts / 20.167m NP = 0.77 qtr (Not even 1 qtr is needed to clear out the entire borrowings)

Stockraider is selling Hevea to pay for his Evergreen losses. No wonder he badmouthed it here.

That stockraider is just jealous loh. Hevea is a rock solid company with superb balance sheet which pays DIVIDENDS EVERY QUARTER. What else do u want to complaint? We can afford to wait.

When that other useless company cannot deliver, solid company like Hevea is delivering strong returns & results mah. Just look at results speaks louder than a thousand words or arguments.

We can wait with HIGH YIELD DIVIDENDS. What does that other useless company give shareholders & it always went down as usual? What name ah? Evergreen? Does it "EVER" green long-term? Nop. Long-term downtrend.

No one will be interested in that useless stingy high-debts company mah. No money how to reward shareholders? Better buy rock-solid Hevea.

Unlike some useless counter which pays no dividends with high debts, Hevea has lots of cash, low debts and more importantly it pays high-yield dividends so investors can wait while receiving div when it goes down.

They worked it down the price is creating opportunity for those who wish to accumulate cheaper. Let them do it

Many are buying quietly

Where is Icon sifu? He bought in on monday.

Wait for good announcements to stimulate price movements

Simple. If u all are not interested then why are u here talk so much? Clearly u want a piece of the company lah. What else?

Let them execute whatever their plans and real investors can collect cheaper price. Can still enjoy dividends while we wait.

Semiconductor sector is at all-time high already and pretty exhausted so it will be undergoing a correction anytime.

U look at the average PE in semiconductor producers ranging 21-27 averagely while furniture/wood-based manufacturers' PE ranging 9-12 averagely industry-wide.

If the manufacturers/exporters of such products unable to keep up with any improved earnings next, the PE will be ballooning up meaning getting more expensive valuations in the next few quarters ahead.

PE ratio of wood-based exporters are still low-ranging.

I see bargain values at current fallen price. I'm confident the level of profits this year is going to record more than previous year.

buckbunny, I welcome u to state what's wrong with Hevea if you're able to.

I see opportunity to collect at cheap. 3 more dividends payout Jun/Sep/Nov so why are u complaining? Sit tight.

Many regarded Icon8888 as one of the good sifu in i3, right? So does saltedfish think himself is better or simply shout out to save his own face. Later no face to show up anymore when Hevea shoots up.

We're seeing uptrend continuation as time goes it will reflect the fundamentals.

Icon, there are 3 more dividend paying rounds by end of 2017 so it certainly pays u some KFC meals. I don't know how much is ur appetite but at least u can still wait before cashing out until ur TP.

hng33, China is moving towards a domestically driven economy than exports. To achieve it sustain-ably, they will need to stop capital outflows first & quickly so that its citizens are spending domestically if not willingly. Nature of China chinese people is to diversify their wealth elsewhere due to many good reasons. Since China has amassed so much fortunes for the past decades but a lot of these wealth are channeled to overseas. Today, each is allowed only to bring 50k annually out of China but of course there is always creative ways of doing more. I see more money in FDI into M'sia before they import more from here.

Jack Ma was considered the earliest China delegate to meet Trump personally before his inauguration. The world already knows Jack is a very convincing negotiator, just watch at how he talks at any events and u can know he is able to persuade Trump and strike good deals for his country and US. That is why I've always known trade wars between the G2 is real slim.

So back to Hevea's situation. The stock being shorted at the right timing to be regarded as a correction deemed healthy because the long-term uptrend is still intact. Only from this correction then we can expect the uptrend continuation. After all, very rarely any stocks can rally up in a one-way straight up direction.

The chances of trade wars between US and China will be slim because Trump is a businessman who knows a trade war with China will be futile to the US and the rest of the world. Just observed the meeting between Xi and Trump in Washington recently is clear enough to know it's just a showdown and I'm confident it won't happen.

Wow icon sifu also buy Hevea. We sure win this time!

I don't think if US initiate trade wars with China will affect Hevea because Hevea's major export markets are in China for particleboard and Japan for RTA furniture.

Have a glimpse on this piece of news:
http://www.theedgemarkets.com/my/article/heveaboard-spend-rm20m-capex-increase-capacity-15

Yoong said the group will also introduce a new product, which is the health, environment and children friendly “KREA Kids” under its RTA segment this year.

Heveaboard’s main revenue streams come from its particle board production, of which 80% of total production is exported overseas; and RTA of which 90% are exported and 10% sold in the local market.

For the particle board, the group mainly exports to China (43.85%), Japan (12.28%), Korea (11.74%), India (10.56%) and other countries (8.21%), the remaining 13.36% being for the local market.

Under the RTA segment, the main importers of its products are Japan (62.46%), Europe (11.45%), Australia (11.86%) and United States (2.69%).

http://www.mykreakids.com/
http://www.heveapac.com.my/profile.html
http://www.heveaboard.com.my/

No limit for TP lah. U can hold indefinitely because it pays dividend every quarter with massive cash, low debts..a net cash company.

Its trusted eco brands in Japan markets for its low-formaldehyde furniture.

Moving up!

Hevea's turn to go up soon coming

Net cash RM 128,443,000 with average earning power of RM 20,167,000 net profit per quarter.

Hevea always been doing B2B and started to do B2C means they sell directly to consumers. If u hear CEO said in the BFM interview, sales are driven surprisingly faster than usual through online platform website to consumers directly without middlemen.

HEVEAGRO:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5354825

2 furniture brands are hot-selling! Selling them ONLINE also:
KREA KIDS
http://www.mykreakids.com/
HEVEAPAC
http://www.heveapac.com.my/

HEVEA earnings & profitability

FY16
Annual total Revenues at RM 540.045m (+107.45% y-o-y)
Annual total NP at RM 80.668m (+9.27% y-o-y)
Average NP per qtr of RM 20.167m (+9.25% y-o-y)

FY15
Annual total Revenues at 502.600m (+119% y-o-y)
Annual total NP at RM 73.827m (+242.23% y-o-y)
Average NP per qtr of RM 18.46m (+242.27% y-o-y)

FY14
Annual total Revenues at RM 422.355m
Annual total NP at RM 30.478m
Average NP per qtr of RM 7.6195m

HEVEA's CAPEX Per Quarters

FY16 Q4
Approved and contracted for 31,655
Approved and not contracted for 9,745

FY16 Q3
Approved and contracted for 11,892

FY16 Q2
Approved and contracted for 8,055
Approved but not contracted for 6,105

FY16 Q1
Approved and contracted for 7,286
Approved and not contracted for 12,714

----------

FY16 TOTAL CAPEX
Approved and not contracted for RM 58,888,000
Approved and contracted for RM 28,564,000

Annual total CAPEX RM 87,452,000

Patiently wait for the rebound. It will happen

Technical chart shows a nice entry point to buy. It's laying nicely on 200 moving-average support trend line.

3 more dividend payout this year. 1 paid, 1 proposed and 2 more waiting.

RM 0.025 x 3 = RM 0.075
0.075 / 1.40 = 5.35% yield

Another 600k to be bought back

Still 3 more dividend payout this year so I'm still buying

Don't worry, after short selling in morning they have to buy back latest in afternoon!

Let's see..can eat a lot