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%).

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https://www.facebook.com/kreakidsmalaysia/

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HEVEA the homegrown IKEA of Malaysia. We have KREA kids furniture online.

http://www.mykreakids.com/

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U gone quiet after the collapse mah so I try to summon some losers to see if they are alive or gone hiding in dark caves. LOL

HEVEA the homegrown IKEA of Malaysia. We have KREA kids furniture online.

http://www.mykreakids.com/

If a stock is as good as they claimed, why does it stay stagnant and barely moves up? LOL loser Dolly trying to con ppl again. Plz lah stop using multiple ID to justify your holdings.

Where are the two famous clowns Dolly and stockraider? Stopped using the ID in i3 forum after Evergreen collapsed?

jackng6, sau pei la. U barking here won't stop the facts.

Those conned by Dolly, stockraider and this little rubbish with a "6" affix should be rescued jump to a better solid company. Not selfish like these losers who keep asking ppl to hold n buy. Real cunning and stupid at the same time.

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The largest laminated particleboard shelving Ready-To-Assemble ( RTA ) furniture producer in ASIA.
http://www.heveapac.com.my/profile.html

HEVEA's motto is "Globally recognized. The preferred manufacturer in Asia"

HEVEABOARD is the homegrown IKEA of Malaysia.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=175131&name=EA_DS_ATTACHMENTS

Read the entire page 3 and 4. Feel so good to be shareholders of Hevea.

HEVEA is the homegrown IKEA of Malaysia.

Hevea's market cap now RM 803m crowned the kingmaker of RTA and even dethroned Evergreen from the leaderboard. Ouch!

Hevea's market cap now RM 803m crowned the kingmaker of RTA and even dethroned Evergreen from the leaderboard. Ouch!

Several major shareholders & family along with directors converted Hevea's WB warrants to mother shares on 07-Mar-2017. What do u think is to happen next? Hehe

Just a week after that, more warrants B just converted to mother shares on 14 and 15 March 2017. Now total issued shares in mother shares is enlarged to 535,566,590 issued shares in circulation.

Interestingly, now HEVEA-WB just left with 32,860,074 shares in circulation.

I can smell something rewarding and great news is coming!! What are u guys waiting for?

For many weeks, I've told stockraider to buy into Hevea but that's his loss now and he's sinking deeply into Evergreen.

Several major shareholders & family along with directors converted Hevea's WB warrants to mother shares on 07-Mar-2017. What do u think is to happen next? Hehe

Just a week after that, more warrants B just converted to mother shares on 14 and 15 March 2017. Now total issued shares in mother shares is enlarged to 535,566,590 issued shares in circulation.

Interestingly, now HEVEA-WB just left with 32,860,074 shares in circulation.

I can smell something rewarding and great news is coming!! What are u guys waiting for?

For many weeks, I've told stockraider to buy into Hevea but that's his loss now and he's sinking deeply into Evergreen.

Just like Homeriz returning double-digits annual profit margins consistently for 5 years, Homeriz's stock price is still trading steadily at 2.3x times its own NTA of 0.42

HOMERIZ's Annual Profit Margins
2012: 14.2%
2013: 13.4%
2014: 15.9%
2015: 16.1%
2016: 17.8%

Stock price: 0.99
NTA: 0.42
Price-to-Book value: 2.35

LIIHEN's Annual Profit Margins
2012: 6.1%
2013: 5.7%
2014: 7.2%
2015: 10.5%
2016: 12.0%

Stock price: 3.25
NTA: 1.468
Price-to-Book value: 2.21

HEVEA's Annual Profit Margins keep climbing.
2012: 4.1% (Hevea's RTA segment started operation in early of 2012)
2013: 5.7% (Continuation of CAPEX throughout the year for more automation for RTA)
2014: 7.2%
2015: 14.7%
2016: 14.9%

Stock price: 1.50
NTA: 0.90
Price-to-Book value: 1.67


Similarly, Hevea has been spending on CAPEX for a turnaround of its businesses starting in 2012 particularly in the RTA segment. It took Hevea 3 years to get up and running before it starts to return double-digit profit growth for FY15 onward.

In simplicity, if we use the same multipliers 2.2x and 2.3x with Hevea's NTA of 0.90 then Hevea's stock price could reach as high as "2.07". Three companies also returning double-digits profit margins annually.

Solid stock will always be supported and snapped up

Useless rubbish also makes so much noises. At least kotex is more useful.

Mags, u very entertaining. LOL kotex it is.

Insiders selling real one mah. Not a myth LOL. U can't wait to get stuck & sink with titanic?

Dolly deserve to go down with Evergreen. Let him be that loser.

Good assets/stocks will keep appreciating in values without stopping but not those with bleak prospects. Any price falling while good fundamentals intact is profit-taking and technical retreat mah. Will keep buying up again real fast. Can collect dividends some more lah but not with Evergreen.

Stockraider should heed my advice loh. Not to sink together with Evergreen. Does it ever green? LOL

I refer Evergreen's debts to be MASSIVE is relative to its average quarterly earnings and not to its gearing in overall. Idiot Dolly, do get that?! U be stubborn nevermind but don't be showcasing your foul mouth freely. What an idiot! LOL

Jackng6 dares not be that cocky anymore when the next qtr result showing the debts is roughly the same as the previous 2 quarters because that just proved the management is incompetent and has no intention to reduce debts any further.

Go see other major companies all cutting back gearing and debts significantly because this year input costs and inflation are catching up very fast.

Only select those companies that are able to deliver solid results consistently. Start with reliable indicators such as high ROE, ROIC, ROA, profit margins. With dividends payout is an added positive. U must judge a company based on its ability to deliver returning results after spending on CAPEX. One ideal company that fits the bill which is HEVEA!

WOW starting to have critics other than me now. So exciting!

People are starting to see the obvious problems with Evergreen already.

If u say this company is strong and steady then plz see the stock price.

The stock price is a reflection of its fundamentals.

I can see Evergreen is having insufficient cash in short to long terms due to the reason that it wants to embark on so many agenda on cards such as Annual CAPEX, starting RTA and particleboard segments, and possible rewarding to shareholders with dividends.

It is basically getting through each quarter with cashflow money while debts are not reduced any significantly. How is that improve prospects of the company?

Look for the obvious if u want to prosper in long-term.

Evergreen has High debts, Insufficient cash (using cashflow only), High Capex annually, and no promise of Dividends payout.

Evergreen is Top loser again today! Dolly and stockraider are crying with no tears. LOL

Why saltedfish chickened-out from my challenge and disappeared? He must be a so-called taichafun hoax. LOL

Compare well:

EVERGREEN
ROE: 6.612
ROA: 4.568
ROIC: 5.755

HEVEA
ROE: 21.039
ROA: 16.207
ROIC: 19.982

EVERGREEN Annual Net Profit Margins
2012: 3.2%
2013: -4.5%
2014: 0%
2015: 9.1%
2016: 7.3%

HEVEA's Annual Profit Margins keep climbing.
2012: 4.1% (Hevea's RTA segment started operation in early of 2012)
2013: 5.7% (Continuation of CAPEX throughout the year for more automation for RTA)
2014: 7.2%
2015: 14.7%
2016: 14.9%

The numbers speak for themselves so does the stock price mah.

Unless u are blind but u can ask someone check for u, where is Evergreen/Hevea's stock price heading to? LOL

Compare well:

EVERGREEN
ROE: 6.612
ROA: 4.568
ROIC: 5.755

HEVEA
ROE: 21.039
ROA: 16.207
ROIC: 19.982

EVERGREEN Annual Net Profit Margins
2012: 3.2%
2013: -4.5%
2014: 0%
2015: 9.1%
2016: 7.3%

HEVEA's Annual Profit Margins keep climbing.
2012: 4.1% (Hevea's RTA segment started operation in early of 2012)
2013: 5.7% (Continuation of CAPEX throughout the year for more automation for RTA)
2014: 7.2%
2015: 14.7%
2016: 14.9%

The numbers speak for themselves so does the stock price mah.

Unless u are blind but u can ask someone check for u, where is Evergreen/Hevea's stock price heading to? LOL

How does Evergreen able to give out dividends when it does not have enough money to even spend on CAPEX and other so many agenda? Yes it can BUT with borrowing more from banks or shareholders through fund-raising cash-call.

U have a good look at the dividends history of Evergreen and their balance sheets which is loaded with high debts:

DIVIDEND HISTORY (So not consistent. 2017 it cannot afford anymore)
FY05: 33 sen
FY06: 5 sen
FY07: 7 sen
FY08: NONE
FY09: 4 sen
FY10: 5.5 sen
FY11: 1.5 sen
FY12: 1 sen
FY13: NONE
FY14: NONE
FY15: 1 sen
FY16: NONE. Only Bonus Issue 1:2

Cash: 160,308,000
Total borrowings: 205,257,000
Total liabilities: 388,027,000

A small kid also doesn't need a calculator lah. How to give out dividends leh?

Invest into Hevea is very solid mah whereas if u invested into Evergreen u have nightmares just look at how stock price collapsed in Evergreen and u can know.

Hevea is expanding next door with enlarged facility & increased output capacity. How do Evergreen compete? Oh yes...Evergreen can compete with its own debts. EVERGREEN is KING OF DEBTS, I give u that. LOL

Invest into Hevea is very solid mah whereas if u invested into Evergreen u have nightmares just look at how stock price collapsed in Evergreen and u can know.

Hevea is expanding next door with enlarged facility & increased output capacity. How do Evergreen compete? Oh yes...Evergreen can compete with its own debts. EVERGREEN is KING OF DEBTS, I give u that. LOL

Hevea is too solid lah. Hold Hevea can sleep well at night while u have nightmares if u keep holding Evergreen shares and no dividends some more.

Compare mah:

HEVEA
Cash: 128,443,000
Total borrowings: 15,489,000
Total liabilities: 93,118,000

Take the latest 4 quarters results:
(28.006m + 17.233m + 15.161m + 20.268m) / 4 qtrs = 20.167m averagely Net Profit per qtr.

Hevea earns RM 20.167m of net profit per qtr.

Hevea has a lot of cash & you must be envy. How is Evergreen doing? LOL

EVERGREEN
Cash: 160,308,000
Total borrowings: 205,257,000
Total liabilities: 388,027,000

Take the latest 4 quarters results:
(17.483m + 16.88m + 16.459m + 20.619m) / 4 qtrs = 17.86m averagely Net Profit per qtr.
Evergreen earns RM 17.86m of Net Profit per qtr.

HUGE Difference mah.

Hevea is too solid lah. Hold Hevea can sleep well at night while u have nightmares if u keep holding Evergreen shares and no dividends some more.

Compare mah:

HEVEA
Cash: 128,443,000
Total borrowings: 15,489,000
Total liabilities: 93,118,000

Take the latest 4 quarters results:
(28.006m + 17.233m + 15.161m + 20.268m) / 4 qtrs = 20.167m averagely Net Profit per qtr.

Hevea earns RM 20.167m of net profit per qtr.

Hevea has a lot of cash & you must be envy. How is Evergreen doing? LOL

EVERGREEN
Cash: 160,308,000
Total borrowings: 205,257,000
Total liabilities: 388,027,000

Take the latest 4 quarters results:
(17.483m + 16.88m + 16.459m + 20.619m) / 4 qtrs = 17.86m averagely Net Profit per qtr.
Evergreen earns RM 17.86m of Net Profit per qtr.

HUGE Difference mah.

Wei stockraider, u don't be stubborn lah. LOL

Hevea shareholders receiving dividends this week loh. Dump all ur Evergreen cut lost loh. Evergreen in MASSIVE debts CANNOT AFFORD to give out dividends lah. Don't be stubborn, be smart mah. LOL

Stockraider, u don't be stubborn lah. LOL
Hevea is topping pure net cash about RM20m each quarter mah. Now Hevea's financial standing is very solid:

HEVEA
Cash: 128,443,000
Total borrowings: 15,489,000
Total liabilities: 93,118,000

Hevea has a lot of cash & you must be envy. How is Evergreen doing? LOL

EVERGREEN
Cash: 160,308,000
Total borrowings: 205,257,000
Total liabilities: 388,027,000

Don't be stubborn loh stokraider. I advise u to buy Hevea mah. U can sleep well at night and receiving more dividends this week lah. Does Evergreen give u dividends? LOL

I pity u stockraider but not faih-chai Dolly.

Did u ask or tell Evergreen's management to reduce that MASSIVE debts? Not good for shareholders. LOL

Also did u ask them "WHY" the company spent RM30-50m CAPEX annually for many years already but profit margins so inconsistent and underperformed? Maybe someone in the company siphoned money out back to Taiwan? Hmm...

Good hands standby to clear the market. Lay out if u don't wish.

It is widely known that this useless faih-chai Dolly loves balls. He talks of balls everyday. If u so love other peoples' balls then u can go to gay bars and not here. LOL

WOW why Evergreen fallen from 0.98 to 0.86 leh? Fundamentals no good loh. Need more convincing facts then read what I exposed lah. All dirt are on surface mah. The Faih-Chai Dolly stuck in it so deep he will sing to defend evertime. Ha ha!!

Stockraider, I pity u so much. How much money u lose? If u need financial assistance, u can ask me nicely. LOL

aries_saham@Evergreen5101, u lose until bankrupt? Why no use Evergreen5101 ID anymore? LOL

Banks start to take back ur properties next month, right? I told u don't pawned them to play in stock market. Now u cry also no use. LOL

LOL how much Evergreen fallen? Evergreen's future not so bright loh. Better buy Hevea if u don't want to regret.

LOL how much Evergreen fallen? Evergreen's future not so bright loh. Better buy Hevea if u don't want to regret.

Mags, One of them borrowed margins to play this stock. All I can say is that person is owing the brokerage firm a lot of money. It's also funny that person is using multiple ID to promote this stock. Funny, right?

Told him don't gamble lah but he being stubborn. Now he owe a lot of money and still suffering HUGE paper loss.

I just posted based on REAL FACTS to warn but that loser started to be abusive. Look what happened to Evergreen now...all dirt on surface.

What happened to FPGroup? People start to realize that it is purely OVERRATED and OVERVALUED at last.

It is gone case

Seems like big Hamyue rather than big shark. LOL

Sor zai Dolly lose so much money in Evergreen until become mentally unstable.

How is a company spent RM30-50m annually on CAPEX since 5 years ago but unable to deliver double-digit profit margins and inconsistent over the years? Management siphoned money or corruption within the company? Dolly will have no answer.

Why the MASSIVE debts RM 205,257,000 barely been reduced over the years? Evergreen earns just RM 17.86m per quarter so how long does it need to repay the debts or break-even?

So u keep singing Evergreen is undervalued? Let me show u an example similar to it. That similar case is LONBISC which is even MORE undervalued than EVERGREEN lah then what happened to its stock?

LONBISC makes consistent profits every quarter. Its share price is RM 0.755 to its NTA 2.16 and yeah that is about 3.15x times cheaper to its NTA. How does it perform over the years? Fallen and consolidated over the years.

U must be seeing it is similar to EVERGREEN such as INCONSISTENT dividend payout among others.

Latest quarter report has shown clearly here:
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=194811&name=EA_FR_ATTACHMENTS
Evergreen
Cash: 160,308,000
Total borrowings: 205,257,000
Total liabilities: 388,027,000

Cash - Total borrowings = (-44,949,000)
Cash - Total liabilities = (-227,719,000)

EVERGREEN is a TOTAL "NET DEBTS" company!! It earns only averagely RM 17.86m of Net Profits per quarter. So how does it able to do so many things like the following leh:

1) CAPEX averagely RM 30m annually
2) Give out dividends to retain long-term investors/shareholders? Not enough cash.
3) Restarting particleboard segment
4) Starting RTA

HOW DO U THINK EVERGREEN IS ABLE TO "FORK OUT" MORE MONEY TO SPEND THIS YEAR?

BORROW MORE MONEY? FUND-RAISING?

Insiders must be dumping hard. When RIGHTS ISSUES exercise is announced, u wished that u should have run earlier.

U see the following dividends history of EVERGREEN:

FY05: 33 sen
FY06: 5 sen
FY07: 7 sen
FY08: NONE
FY09: 4 sen
FY10: 5.5 sen
FY11: 1.5 sen
FY12: 1 sen
FY13: NONE
FY14: NONE
FY15: 1 sen
FY16: NONE. Only Bonus Issue 1:2

With the MASSIVE BORROWINGS and INSUFFICIENT CASH, this NET DEBTS company is CLEARLY UNABLE TO GIVE OUT DIVIDENDS. So how does it keep or RETAIN its Existing Shareholders or Investors leh?

LOL u really blind? Where is Hevea's stock price? Where is Evergreen's stock price?

Evergreen has no hope with profit margins squeezed. High debts, low cash after giant short term payable and other liabilities. Run out of cash and urgent need of fund-raising cash-call soon that is why insiders dumped Evergreen shares hard. only idiot like stockraider and his other disciples buy and seeing their money burnt.

LOL u really blind? Where is Hevea's stock price? Where is Evergreen's stock price?

Evergreen has no hope with profit margins squeezed. High debts, low cash after giant short term payable and other liabilities. Run out of cash and urgent need of fund-raising cash-call soon that is why insiders dumped Evergreen shares hard. only idiot like stockraider and his other disciples buy and seeing their money burnt.