looks like the stock is going to test resistance of 147 recorded in april 2011.based on strong demand at 130s the smart investors are confident of much higher price 170s (30%upside) going forward

looks like yesterday slam down was deliberate to collect as much cheap stock as possible before the better fundamentals are disclosed.If today's closing is above yesterday's midpoint,it will be a bullish engulfing candle ,confirming a continuation of the uptrend to go above the previous high of 134 and will be testing resistance of 147

D price at 130s was support level in 2010-2011 which should be strong support now that the company fundamentals are improving beyond to the glorious period of 2007-08.Next target 147

what is certain is the industry prospects is as bright as in 2007-2008 period .that was when evergrn was booking 20-30m profit per quarter translating to a annual eps of 16-24 cents and paying a dividend of 4-8 cents.Going forward oil / resin cost and rubberwood cost is expected to be low for sometime.another big positive is bank borrowing, now at its lowest .These factors plus the co were to start paying good dividend should booster the share price to challenge the previous high of 2.00

no comparison bcos homeriz is limited by production capacity.how to grow profit if revenue cannot grow.evergrn capacity has hit 1B previously and if profitability returns, previous net profit levels of over 100m is possible.In that event look for a price of 180-200

closing at 115 is above down trendline,and with volume is a credible indicator for resumption of uptrend.stay long for a target of 150

goodbye 110. lift off to hopefully break 127.

homeriz is a good indicator of what is in store for evergrn.its recent result showed the sector is still evergreen and its share price performance is showing the way for evergrn to follow.

agree with suntzhe.With all the internal restructuring ,cost rationalising undertaken and facing sweet spot of housing recovery in US and improving European economies and vastly reduced input costs of glue and rubber,the company should be able to achieve 2007 profit level .That would mean eps of over 20c and at per of 8 translate to 1.60.

wow what a convincing breakthrough with vol.next level is 124,130.both daily n wee
kly charts showing plenty momentum left.looks like smart investors are still collecting as topside could be higher than 160

what is so good here. chart shows downtrend not over. next support 75
.until then just watch unless reversal happen.

Anyone who has evergrn shares should hold for higher level.Smart investors have been collecting this stock for some time now.like these few days they are buying at 106-108.

ppl didn't notice the co would have 40m annually of free cashflow to pay 6-7sen dividend having paid down 300m term loan used for the nilai plant buy.This plus the rosy forward market for its products make it a tantalising stock to own and hold.hence the renewed interest for this stk.

Q4 profit largely from thai unit as Malaysian units are under major upgrade.when production returns to normal, Malaysian units should be able to outperform its thai units and profit would likely double and that would justify a higher price at least 1.50

Darren,if your info is correct,that would explain the trading behaviour so far.wait for better price

like I said earlier, trading pattern is one of sponging as much cheap shares while it lasts, bcos fundamentals likely justify and sustain a higher price up to 1.50

breakout of 0.965 ,going to 1.05 and 1.15.

so far trading pattern looks like exhausting sellers.when viewed against a rosy future of better fundamentals ,this could portend a take private situation.target book value 1.55.enjoy the ride.