You'll receive the dividend payment next thursday. Topping up some more shares thereafter. Have a great day!

No money to add then better just watch otherwise what's the point arguing on how cheap when your intention is still clouded with greed?

Hevea has strong and unique economic MOAT values. Do u not think it can achieve a Billion ringgit market cap?

Upon full dilution of the remaining warrants, Hevea will have 568,426,664 mother shares.

RM 1bil market cap / 568,426,664 outstanding shares = RM 1.76 target price to achieve RM 1bil m.cap mark!

From current price 1.30 to 1.76 translates into at least +35% upside. While waiting for that to happen, the dividend payouts would increase the total returns as well. As extra, its dividend yield is in excess of 5%+ so do the math. Good or bad? Haha

Different people see & do things differently so engage them with debate to find out why is that so. Disregard of conflicting opinions, I'll just take it adopting their good practice if their ideas, technique & thoughts are good enough. Be a fussy sponge and absorb only the good stuff.

Look4vincent, we can just exchange opinions here. Keep it simple.

Don't call me sifu. We're all still learning! even for any seasoned investors do failed at times.

Is there any appealing economic MOAT in general for plantation companies? Most are just competing by acreage output and being more efficient. Maybe u could seek those have appealing downstream businesses or patented products. Those that have an obvious edge over the competitors.

Honestly, I don't see much MOAT on plantation stocks unless those that have vast timber resources yet to be reaped. Too many companies competing for the same pie. Think of what will happen in future for these companies in the long term. Focus on business sense when selecting stocks. Doesn't have to be complicated.

Look4vincent, I don't.

Today KLCI just hit a high of 1,797 pts which is at the last leg of resistance fib level on the upward retracement on recovery from previous 3 years slump. This is by far the highest now in 2 yrs today. Many profit taking transactions especially in large caps and bluechips in the past few days but many still buyback and that shows the level of optimism in local bourse. Undeniably Malaysia's economy has strong fundamentals with steady & better growth rate than many other countries. Inflows of FDI have confirmed especially due to weaker exchange rate and sustaining policies. Too bad the corruptions and scandals are the only obstacles to its full potentials. Those are just my personal observations.

That's why u must be thoughtful in your strategy. I see Ringgit trending lower since the 1MDB issues escalating. There is only one way out for that scandal and that will end up very ugly with election looming. When the RM collapse again, only exporters will gain the most! Plan well on your entry into those solid & steady growth exporter stocks especially those that have very solid balance sheets with lots of CASH and LOW DEBTS to withstand any shocks. Simple and neat.

The 1MDB saga is spiralling out of control recently in these few days and it is going to get uglier as it progress. If the political outcome gets uglier, this alone will trigger the heavy selloff on the Ringgit once again. Stay invested in export counters especially those companies which posted stronger gains in recent quarterly results.

Steadily receiving Hevea's dividends while waiting for share price appreciation. Win-win situation. Next 2 quarters should be posting better y-o-y profits on Q2 and Q3.

Fed just raised 25 bps and confirmed 1 more hike by end of the year. That helps a lift on the USD somehow sparked an intraday USD rally.

In M'sia, the election is looming and there are more revelations of corruption & prosecutions within. The US DOJ just filed another civil suit & seizing more assets linked to 1MDB. These obviously will not bode well for the MYR therefore I reaffirmed that the "Export-theme" equities will experience another rally this year. Buy export counters especially those able to reap in double-digit profit margins growth such as Hevea.

Let them shout out negativity because they have personal agenda & frustration of their own while I'm enjoying safer & steady refuge under a solid growth company. Receiving second tranche of dividend payment on 29/06 and another 2 more this year. Be a winner and only losers will whine about their best. Lol!

slts, it's easy only for ur case...don't buy it & no problem for u. So?

These are the latest outstanding balance of issued mother shares & corporate warrants.
HEVEA: 539,416,390
HEVEA-WB: 29,010,274

Upon full dilution after conversion of all remaining issued warrants, there will be a total of 568,426,664 mother shares.

29,010,274 / (539,416,390 + 29,010,274) = Only 5.1% dilution effect!

You can see that the full dilution effect is only minimal at 5.1% which is yet to complete its course. So if the company earns quarterly NP of 20m, with full dilution effect only end up with RM 1m reduction only. That will not have sudden impact on earnings because the remaining warrant conversions are taking place progressively until its full maturity on 01/03/2020.

free2invest, yes I knew that indeed but I'm still adding more if it goes any lower/cheaper because I know the probability is high that its Q2 and Q3 for 2017 are going to beat last year's ones RM 15.161m and 17.233m respectively. So this ensures my utmost confidence that the share price will rally upon that.

Contradicting to own words so what's the point?

Looking nice and steady to me. Tomorrow is entitlement date so any lower I'll topup some

Today starts with ex-date but still looking steady

Hevea's management in the recent AGM mentioned profit margin for this gourmet fungi business via its wholly-owned Heaveagro is able to command above 40% profit margins. These are words from management not rumours anymore. It's spending RM 10.5m to build new climate controlled gourmet fungi cultivation facility.

This twentybaggers can choose to continue talking nonsense or better buy earlier loh. What's the point? lol

U speak of MOAT? Hevea is a well diversified company. Currently it has 2 main core inter-related businesses namely particleboard & RTA. With the third soon-to-be core business to commence operation once the RM10 plant is complete. Its income streams well spread proportionately 40% and 60% of total annual revenues from particleboard and RTA respectively.

Also notice that this company is only interested to get involved in businesses that command "double-digit profit margins" and both its core divisions have delivered just that. Although I cannot verify it myself but from the transcripts shared by someone here who attended the recent AGM, the Hevea's management stated that the new Gourmet fungi business command over 40% profit margins. This is a positive surprise because conservatively I'd expect it in the range 20%-30%.

From the info that I've gathered, Hevea is the only listed company pursuing a large scale gourmet fungi business in Malaysia through its wholly-owned company Heaveagro.

Someone said Hevea's business is subpar? I haven't even reveal what's so appealing to big money into Hevea leh. If u want to know, u just have to ask nicely.

Show not started yet. Launching at the right time. Wanna bet?

Rabbit still not buy in enough? Launching soon

U can go check out the RTA furniture sections of department stores across the nations. There u will see Hevea's products dominated the shelves of those stores. Under the Heveapac brand. Talk to the people on the ground and u will understand what I've always speculated so far.

U just need to predict the next 2 or more quarters whether in terms of q-o-q or three quarters combined could make more money than the previous year's, u can almost expect a bull run real soon. If the next Q2 and Q3 surpass previous year's in terms of q-o-q/y-o-y, u can expect the bull to sprint & surge towards the end of Q4 results.

I strongly believe Hevea's 2017 financial results as a whole 2017 will definitely surpass last year's so that's why I purchased so much. Any short-selling RSS activities are just presenting better entry price levels for me & those who are opportunists.

Its high-yield dividend payouts at each quarter will support your holding tolerance and longer terms of holdings.

Another area that I observe it is the way Hevea spent its CAPEX. No matter how much a company spent on CAPEX, it must churn out the benefits and returns in the shortest time possible. Hevea has done extremely well in utilizing its money whereby the greatest turnaround plans years ago have bear really great results making the company almost debts free (No gearing) with the high cash surplus holdings maintaining above RM 100m+ at all times now.

Hevea's cash holdings of RM 128m and low debts of RM 15m coupled with earning power of averagely RM 20m per quarter based on past year's while CAPEX is RM 48m contracted for this year. So another 3 more quarters would netted the company with extra RM 60m+ or more averagely. Therefore:

RM 128m (current cash) + 60m (approx. combined net profits for next 3 qtrs) = 188m

RM 188m - 48m (CAPEX) = RM 140m cash by end of the year while maintaining the low debts of RM 15m or possibly paring down debts further.

I speculate by end of the year, its cash holdings will increase to RM 140m last standing given the high sales of its products due to the Ringgit is still weak which is good for competitively priced exports. The gradual increase in cash holdings will also partly be used to fund dividend payouts. In the end of this year, cash would still be increasingly high to fund future rewards to shareholder.

Ignore the noises. Study their export market destinations.....

Once clarification is given on the happenings and direction of the company, Hevea's share price momentum will speed up its uptrend trajectory.

I've always speculated the gourmet fungi business Heveagro to have high profit margins at least double-digits anything above 20% otherwise they won't start fresh a new venture if it doesn't command super high margins.

I'm just surprised from cjlim's shared transcripts that stated the management mentioned the gourmet fungi business will have 40% profit margins. That is extremely high and I hope the management can provide some official announcements soon.

cjlim, it is possible. Ikea will have 3 stores in malaysia namely in damansara, cheras & the one in Johor will be opened end of this year.

Hevea is the only one particleboard manufacturer in malaysia to produce the highest grades of particleboards namely "E0" and "Super-E0". They discontinued the rest of the lower grades due to lower profit margins & focus on these 2 grades because they've shifted focus to use it to make their own premium RTA products which are commanding higher profit margins. They still produce "E1" grade but focus of selling raw particleboards mainly will be exported to China where the Chinese furniture makers will in turn use Hevea's particleboards to make their own locally assembled furniture. Even the world's low cost manufacturer namely the China's smart chinese exporters are sourcing & importing particleboards from Hevea. How influential do u think Hevea's position in the industry? Hevea's revenues in China's market grew +13.38% y-o-y in 2016. China is still its largest market for its particleboards division.

Stockraider, u escape the hiding inside cave? How's ur evergreen? It looks like a messy disaster to me lol.

After today's conversion...here's the latest outstanding figures:

HEVEA: 538,663,190
HEVEA-WB: 29,763,474

Some warrants conversion today:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5446853

Farge168, past 2 days have recorded less than 1m volumes which is deemed to be quiet. Today might as well under 1m volumes. These are small players transacting. My advice to others is to wait for business announcement from Hevea. Dividends are fixed, just watch out for announcements on the business growth plans ahead.

The company is in good hands because the turnaround plan has recorded spectacular growth and strong financial strength until today. This could have caused certain quarters to envy and Hevea being an eye-sore to them. Therefore, these people have to resort to personal and small-minded attacks against Hevea and its key people. Just look at the recent corporate earnings of the many listed companies, many have not fared well compared to Hevea. The company's Q1 2017 has recorded a strong 25m net profits already, for the next 3 quarters I believed it can attain a better cumulative profits than in 2016.

Since the last publicly published interview, CEO mentioned Hevea would not increase more production line in the near term...from that mouthpiece, I've already speculated their strategy is to grow the company organically. Personally, I believe this is a better strategy because it could improve profit margins further just by improvising automation and production cost control. This will simply improve efficiency, costings hence better profitability until the next big move for the company. These are sustainable in the mid-term 2-3 years ideally under the next 8 quarters therefore I believe that the recent diversification move into gourmet fungi is good because further growth continuation must be through either production capacity increase or diversification. They chose diversification in this case.

I also believe the board will want to maintain the company's financial strength particularly with the surplus cash holdings to mitigate risks & to reward shareholders via dividends in the mid-terms while retaining shareholders' support going forward with the rest of the diversification moves. Judging on the CAPEX breakdown, we can almost figure out the main focus is on its RTA division with the bulk of the money spent 33.5m out of 48m that's 70% of CAPEX.

It's going to spend RM 10m out of 48m that's 20% of CAPEX. Second focus will be on the new venture gourmet fungi Heveagro. Still the RTA division makes the most money (62% revenues of the company) with double-digit profit margins and Japan as the main target market. Japanese economy gradual growth also contribute to better importation but if u read the annual reports 2016 published recently, the better export growth markets of Hevea recorded are led by Australia, China, France, Brunei & UK markets in better percentage rankings order respectively. The rest of the geographical market destinations have recorded decreased sales led by Malaysia, UAE & India. The Japan & Korea remained almost unchanged. The most remarkable decrease was in Malaysian market where the sales dipped 62% compared to previous year 2015.

Small bilis selling...volume is low with 533k+ done at the moment. This is by far the lowest volume since 18-20 Apr. Most likely are those who bought post price surge without settling.

Best buy was weeks ago around 1.30 when it was heavily sold down. Now u want to buy in large quantities also slim.

Everyone knows that Hevea's fundamentals are good so just ignore people like buckbunny & saltedfish. Can u find anything not good about this company?

Invest in a good growth company is better and most importantly coupled with exciting catalysts ahead. It's exciting to watch out for the new gourmet fungi business Heveagro. I believe it will command double-digit profit margins growth also. This may become the third core business for Hevea after particleboard and RTA divisions.

Hevea will spend RM 48m on CAPEX this year 2017. The breakdown is as the following:

- RM 20m will be used in the RTA sector to build a new factory and to acquire new machineries for the 7.7 acre industrial land that we had just acquired for RM13.5 million.
- RM 13.5m to pay for the purchase of 7.7 acres land for expansion
- RM 10.5m to build new climate controlled gourmet fungi cultivation facility
- RM 4m will be allocated for further upgrading works for our particleboard sector.

Steady...unless u are not those who bought at low. Waiting dividend paycheck..very good yield with share price appreciation.

it's obvious the rabbit wants Hevea so badly lol becoming so regular now

Bunny zai, do u have Hevea shares? It's okay, I know u want to buy cheap lol

Keep a watchful eye on the exchange rates......

I will see the share price to be normalized slightly further before the bull run continues its course since the breakout was triggered on 18/05.

Plenty to be absorbed. Hold your horses

Hevea will spend RM 48m on CAPEX this year 2017. The breakdown is as the following:

- RM 20m will be used in the RTA sector to build a new factory and to acquire new machineries for the 7.7 acre industrial land that we had just acquired for RM13.5
million.
- RM 13.5m to pay for the purchase of 7.7 acres land for expansion
- RM 10.5m to build new climate controlled gourmet fungi cultivation facility
- RM 4m will be allocated for further upgrading works for our particleboard sector.

I expect Hevea's RTA sales to Japan would increase further gradually as well in the next few quarters since Japan is still its largest RTA market destination.

Japan's government has kept unchanged for May its overall assessment of
the economy — that it is recovering gradually, though pockets of weakness
remain. The economy is expected to recover gradually, as employment and
wages continue to improve, but uncertainty in overseas economies and
fluctuations in financial markets warrant attention. (Reuters)

He eats too much ikan masin which blocks his senses....Hevea jumped from 1.30 to 1.45 and now 1.40 Where is BTM? lol

Saltedfish, u pokai already? Don't play margin, later u have to earn by selling ikan masin at bus stop lol

When u select a stock, imagine u own and operate it personally. Judge on how the "management" runs the company for u and u can know if it's well run or not by seeing the balance sheets evidently.

Hevea is one of the most successful turnaround company since years ago. Why I said it's a successful one? Just look at its products are almost everywhere in commercial spaces such as hypermarkets, retail warehouses, etc...that's a good sign of progressive B2C while its B2B is afloat.

Saltedfish either loses too much money in stock market or he owes a lot of money from banks that's why he has no inner peace. That could lead to social or family problems. This is how an unhappy dude always go around telling nonsense spreading negative vibes. I'm happy and content especially with Hevea because it's a good investment so far for me.

He even challenged me to reveal and compare with my wealth weeks ago. I just laughed it out not because I think I'm better than him but because I pity him for he doesn't understand life at his age.

KreaKids brand has plenty of upside growth since its eco-friendly kids furniture started to be sold online just last year. Not only B2B but Hevea is doing B2C directly nowadays.

Heveapac which is an affordable range of ready-to-assemble furniture products are sold and marketable almost in any countries.

Just 2 brands alone are enough to get the company busier for the next few quarters chasing better profit targets. It's just the beginning of steady growth path. Why would I said it to be steady growth? Because profits from RTA segment keeps increasing on a y-o-y basis. The following figures should be useful to gauge its sales & profitability performance:

Particleboards:
Revenues: RM 47,753,000 (Q1 2015)
Revenues: RM 51,732,000 (Q1 2016) +8.33% y-o-y
Revenues: RM 60,654,000 (Q1 2017) +17.25% y-o-y

Profit before tax: RM 7,723,000 (Q1 2015)
Profit before tax: RM 10,155,000 (Q1 2016) +31.49% y-o-y
Profit before tax: RM 12,199,000 (Q1 2017) +20.13% y-o-y

RTA:
Revenues: RM 68,620,000 (Q1 2015)
Revenues: RM 94,179,000 (Q1 2016) +37.25% y-o-y
Revenues: RM 97,998,000 (Q1 2017) +40.55% y-o-y

Profit before tax: RM 6,877,000 (Q1 2015)
Profit before tax: RM 13,457,000 (Q1 2016) +95.68% y-o-y
Profit before tax: RM 17,403,000 (Q1 2017) +29.32% y-o-y

Its RTA segment growth accelerates faster at doubled than its particleboard segment. Recently Hevea bought the land adjacent to its current factory for expansion purpose and also line 3 both are already clear sign for u as an investor to buy in aggressively on any share price weakness especially for the past few weeks. If u done that, u are already a happier investor just like me.

The ultimate goal is to maximize one's ROIC in a selected stock. Sharing of information should be useful for the benefits of the masses. That way, everybody wins. This is what I believe. It is meaningless to persist with one's beliefs in a stock that is under-performing thus we must share honest & good advice with others.

Why Hevea? Simple.....the high-yield dividends can keep my invested capitals afloat and there are more upside profit growth ahead so its share price will definitely rally.