Kononnya taichafun. LOL

This is purely an OVERRATED and OVERVALUED stock.

4.15x times OVERVALUED to its NTA only 0.177
PE ratio is extremely high EXPENSIVE at 61.25 @ RM0.735

ONLY CONTRACTS TO MANUFACTURE & EXPORT. NO RECURRING INCOMES. RISKS OF BUMPY QUARTERS.

JUST LISTED FOR 3 MONTHS. LITTLE PROVEN & TRANSPARENT TRACK RECORDS.

IPO PROSPECTUS OF COURSE IS NICELY DOCUMENTED TO LURE INVESTORS LAH.

GOT DIVIDENDS? OR POLICY?

STILL DON'T KNOW THIS IS A MANIPULATED STOCK WITH HIGH PE RATIO.

AT CURRENT PRICE IS ALMOST SUICIDE ALREADY.

Saltedfish also chickened-out. How to hentam him when he hide in caves?

A cash-rich company with RM 128,443,000 cash along with low debts RM 15,489,000, low gearing 3.01%, double-digit profit margin growth 14.9% (latest qtr) and 9.3% (5-yrs average).

Now it is only second to Mieco and Homeriz in terms of 5-years average net profit margins. Keep this low profile.

Evergreen5101, why u use ur properties as collateral? Told u don't main-main with stocks. LOL

If it doesn't work out to be better, shareholders and investors will dump its share to as low as RM 0.62-0.60 easily when history repeats itself again.

U look at the Monthly chart, it has gone up so much 400% from RM 0.40 to peak RM 1.60...still not enough? Still want to gamble? A non-dividend paying stock after goreng up by punters will just be dumped.

TAKE A GOOD LOOK AT THE ABOVE 2 POSTS SHOWING THE DIVIDENDS HISTORY FOR 12 YEARS. VERY BAD FOR LONG-TERM SHAREHOLDERS/INVESTORS.

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 abole 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

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 Dolly keeps barking that I'm loser? I don't have to brag like many such losers in here. Only Dolly and team suffered so much losses that each ID keep attacking me loh.

One very SIMPLE LOGIC is that if an investor wants to hold the company's shares for LONG-TERM, the company must at least able to give out DIVIDENDS but what does EVERGREEN gives to shareholders? NO DIVIDENDS. How to hold its shares for long-term? All famous investors also hold shares of companies that pay at least dividends and it doesn't have to be generous mah.

This just encourages REAL LONG-TERM INVESTORS to DUMP its shares. U think why it is TRENDING DOWN? No point u accumulate the shares.

IF U ARE MAKING A LOT OF UNREALIZED GAINS IN UR PORTFOLIO, ONE DOESN'T NEED TO SHOW TO PROVE. MEANING IT IS "NEVER" REAL AND JUST "BRAGGING" TO UPHOLD RETAILERS TO BELIEVE IN EVERGREEN.

Evergreen is already DEGRADING in many aspects. Why fight against the tide of change? I will show u more. Wait.

Evergreen5101, I told u don't charge ur properties to banks loh. Now u lose so much contracts. Going to fall back down loh. Why u so stupid buy again today?

Finish.

Idiot Dolly runs out of his cave still doesn't know what is going on? LOL. How much it went down? U blind?

Didn't u the one initiate the meeting? Put words in ppl mouth? What a loser talking.

1 also u could not afford to buy. ZERO got lah. Ha ha!!

Can why not. Where u want? Don't chickened-out like saltedfish in FPGroup.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=174639&name=EA_DS_ATTACHMENTS

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=194811&name=EA_FR_ATTACHMENTS

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=194812&name=EA_FR_ATTACHMENTS

LOL u blind? All figures are printed in quarterly/annual reports. U must be not reading.

LOL told u don't use ur 5 properties as collateral to play in stock market.

Good morning! LOL where is Evergreen's stock price compared to Hevea leh? Not stockraider ALWAYS sings that LET THE PRICE SPEAKS??? SPOKEN LOH!

Why Hevea's PROFIT MARGINS keep climbing so high when it started on CAPEX since 2012?

HEVEA
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%

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5095

EVERGREEN
2012: 3.2%
2013: -4.5%
2014: 0%
2015: 9.1%
2016: 7.3%

Why Evergreen's PROFIT MAGINS so not consistent and NOT even double-digit growth DESPITE the heavy CAPEX annually?

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5101

Judging on the balance sheets and MASSIVE DEBTS RM 205,257,000, the fund-raising exercise is unavoidable mah. Wait for the ANNOUNCEMENT whether they choose:

1) Private placements
2) Rights issues
3) Bank borrowings

Option 1 and 2 will have SHAREHOLDINGS DILUTION effect. Either ways, share price will SINK FURTHER.

Good morning! LOL where is Evergreen's stock price compared to Hevea leh? Not stockraider ALWAYS sings that LET THE PRICE SPEAKS meh??? SPOKEN LOH! LOL

This year Evergreen will give NO DIVIDENDS loh. Not enough cash to do so many things so how to give leh? Meh halted dividends payout since 2013 meh? Check mah. This year if Evergreen wants to continue some and do the rest of the following:

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

This article first appeared in The Edge Financial Daily, on February 7, 2017.


Evergreen Fibreboard Bhd (-ve)

SHARES in Evergreen Fibreboard Bhd (fundamental: 1.8/3, valuation: 1.4/3) triggered our momentum algorithm yesterday for the first time since June 2015.

The counter closed down half a sen or 0.51% at 98.5 sen, with 4.52 million shares traded, compared with its 200-day average volume of 3.36 million shares.

The particle board manufacturer’s net profit tumbled 38.8% to RM16.88 million in the third quarter ended Sept 30, 2016 from RM27.59 million a year ago, on lower average selling price of the group’s products.

The group said its quarterly profit was also affected by higher operating expenses, which mainly consisted of lower foreign exchange gain and impairment of goodwill.

Evergreen Fibreboard is currently trading at 0.77 times its book value, and has a market capitalisation of RM837.54 million.

The stock currently has a 12-months price-earnings ratio of 11.17 times.

http://www.theedgemarkets.com/my/article/stock-momentum-evergreen-fibreboard

Risks:

Escalating raw material and labour costs;
Weaker-than-expected demand and selling prices for MDF; and
Delay in commencement of new production lines (in particularly, RTA and particleboard).

Sor zai will admit he's Evergreen lover. While u wait for ur money stuck, smart people are making lots of money.

Why want to put out your money to be STUCK leh?

Stockraider, u must be very stuck suffering heavy unrealized paper loss.

LOL! Ha ha!! When money coming into own pocket, the feeling is VERY great. Why do ur money flow out to buy leh? Not smart move.

jackng6, what price u will finally admit it's a collapse? Don't talk nonsense. Name the price.

Stockraider, do u want to buy more? at what price u will sailang?

jackng6, no guts better run back to ur cage. ThankQ

If u have guts & power come 1 to 1 tomorrow. Set a time & everybody can see whether I can push it down. Deal?

Start to bark near 5pm? U blind?

Hamyue balik kuantan already. LOL

EVERGREEN = NEVER GREEN... LOL

Sure suicide again. LOL

Told u don't eat back own chips mah. Now u meh headache some more sleepless nights. Ha ha!!

Money also not enough. How to retain existing shareholders/investors by giving out dividends? Investors want promising deals. Does Evergreen borrows more to do just that?

Why Hevea's PROFIT MARGINS keep climbing so high when it started on CAPEX since 2012?

HEVEA
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%

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5095

Dolly ever posted here that Evergreen spent and still spending about RM 30m per year on CAPEX. Look at even the latest ANNUAL PROFIT MARGINS:

EVERGREEN
2012: 3.2%
2013: -4.5%
2014: 0%
2015: 9.1%
2016: 7.3%

Why so not consistent and not even double-digit growth DESPITE the heavy CAPEX annually?

I've given so many proofs on Evergreen mah. It is real that it amassed MASSIVE debts RM 205,257,000. U seriously think the company doesn't need to raise more money to fund various agenda meh? Such as the following which are already started and running:

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

So an ex-prisoner is not guilty? What logic is that? No wonder u belong to the half-truth fakers.

LOL how do u know I'm not making money? Real stupid is air01557...

So asnwer here mah. Why is Evergreen's stock price collapsed when u are so confident that it is good?

I recognized that "The stock price is a reflection of its fundamentals".

U meh same! Own ID also kena banned. Why i3 admin doesn't ban me? Because unlike u guys, I don't break any rules loh. Look back my past comments and see how many of my comments blocked by admin?

R u serious? Where and which ID? Not only me criticize Evergreen meh? Got other ID criticize? Wanna frame and accuse me also use some logic lah....

Why is ur Dolly_Chai ID banned in the first place leh? Not ashamed lagi? LOL

U talked vulgar using Dolly_Chai ID and have to register another one with a pathetic number "2" on it. Why use Evergreen5101 to talk vulgar suddenly yesterday? i3 admin banned Evergreen5101 again? U must be playing with a lot of ID. Serves u right loh.

If u are so smart, why is Evergreen's stock price collapsed leh? Mind u answer to die hard fans? Ha ha!!