the existing phase is based on earnings growth, which the story has more or less become stale (as pointed out by you)
they are now on the verge of moving into the next phase. With borrowings pared down, they will start paying out dividend. This will allow valuation to be moved from that of PER to dividend yield. People will accept the story when the dividend money flows into their pockets. The upcycle continues...
murali But frankly, I dont know why people are still promoting Hevea at current level..Rm1.62 X4 + RM6.48...about 300% up from RM1.60 last Jan (RM0.40 after split)...crazy 08/01/2016 10:01
if there is a reason to sell these barrage of reports could be the one....no stock is worth its salt. time to move over to the next. im sure there are plenty of other beauties around bursa or elsewhere in the world.
"A friend of mine who works for Heveapac Sdn. Bhd., one of the main subsidiaries of Hevea Board Berhad, sent me the above civil suit cases which are still ongoing. He knows that I bought {{a lot of Hevea}} shares since early 2014 and was concerned for my investment as a friend because of these suits." http://klse.i3investor.com/blogs/heveatimetoalight/89220.jsp
Hahaha, Robertl, you last say you buy a lot of Hevea 2014, now you said "HEVEA will have a hard time explaining this accounting beautification" hahahaha, funny!!
careful .... TOtal Liablities veri veri high, current asset veli veli low ... NA less than 82 sen ... selling at 1.60 ? u still need to think ? Keep thinking ... keep thinking ....
We should buy more of Hevea as the forces of good will prevail over the forces of evil. Look at Lii Hen. The present syndicate is big and strong and with the catalyst of excellent 4th quarter profits,potential bonus and free warrant i can tell you confidently for Hevea to reach RM2 is no problem. The management through OTB has given a convincing reply on the the court case of dividend (so small a matter) and the Korean containers which was not detained but reported as if so serious and the losses so much. Please note the sales of Hevea at present is so overwhelming that they cannot handle and have to redirect to Mieco.
May be he will get the wrong currency this time, instead of USD 100,000 he will end up with MYR or SGD or JPY or CNY or whatever he can get a joke out of it
700m3 is wrongly quoted by Ooi or Hevea, because each 20' container is about 39 m3. https://en.wikipedia.org/wiki/Twenty-foot_equivalent_unit . 700m3 is only 18 containers. It has to be 700 containers lah, otherwise why fly to Korea secretly and urgently?
Author your pay cut 50% by now, the next time you did it again, another 50% discount, how much money left to pay you? Can it guarantee your CNY bonus in coming month? I make tons of money from your bad news, I treat you eat ok, dun be so angry
Hey robertl, you know when we do consolidation and show the group amount, of course the amount wont show in the Heaveboard Berhad account la. It is related party amount. When they doing consolidation, they will eliminated the related party amount la. Wtf you talking about "Beautifications".
What is group amount? It is like a family. Subsidiary is like brother and sister. When u wan show as a family amount, surely wont show the amount owe between brother and sister la. Noob.
You dont have any accounting knowledge please dun talk cock.
I did not hold Hevea but however i feel angry when you spreading brainless news
In the last blog he wrote he would start looking into another counter. Why spend time writing so much on hevea it is contradicting. Lost interest but not yet lose all interest. Among some of the bloggers i have seen once they conclude no more future for that company they would just stop there and they would recommend new stock and write good thing about the new stock
Hi Robert. Thank you for your information,true or false ? can you show us the proof copy of the legal documents & the export permits to Korea.I am interested to know further.
pingdan, hold your anger lah. You also never check the fact. Heveawood is NOT even a subsidiary of Hevea lah. So your accounting comment is like barking at the wrong tree, Lol
Robert, you wrong aim on the stock lah. You should aim some stock with less faudemental 1. In this case, you just like throw a small stone to the tanker, nothing will happen. Some more more investor like us to prepare a big basket waiting durian fall down, haha.
Hevea : Amount due to related partY as Item 19, clearly indicate that Hevea owed ONE outsider company which is related to them but not in shareholdings (i.e. subsidiaries or associate company). This can be a company where the shareholders can be the COMMON SHAREHOLDERS in both companies, that is why they are RELATED.
In this case, Yong Hau Choon is a common shareholder of both Hevea and Heveawood. The same go for Dato Loo because he too, is a common shareholder of both Hevea and Heveawood.
You seem to take it that unless the loot destroy entirely the shareholders value, then it is only a seriou ones. No doubt, RM 2.3m to you may be loose change, but a crime is a crime and the quantum was never a consideration.
Our PM can robbed RM2.6b from us, does not mean if the court convicts him, he will be punished a lot longer than a man who robbed only RM2.3m. That is the law.
OTB, can you please repeat the reply from Hevea management on the court case and Korean consignment. Many of them have not read because you only post in one Hevea forum and the writer has it removed, i think. For the benefit of all those who has not read the reply and to counter false rumours, please repeat them in all Hevea forum, which i think there are at least 3 of them. We must not allow lies to prevail. Thanks
Blog comment on HEVEA, Internal Cracks Emerging 亿维雅,股东内鬨 Author: robertl | Publish date: Wed, 6 Jan 2016, 02:38 PM
Ooi Teik Bee
Dear valued readers in I3,
I understand many of you are so worried about your investment in Hevea. In order to help you all, I take the initiative to write to Hevea management to clarify 2 items here.
1 - Court case 2 - 700 containers of reject (Actual is 700 m3 not containers).
Below are the answers to both items.
1 - Court case.
The court case is involving our minor shareholders in HeveaWood claiming no dividends after many years despite HB gave limited dividends. We are unable to pay as we have a loan governance to pay borrowers first. The case was won twice but the plaintiffs still brought it to appeal court. This is non issue if we pay up all loans in June this year.
2 - 700 containers of reject (Actual is 700 m3 not containers).
We had an issue that 700m3 of our PB to Korea were held up in Korean port over quality problem last October due to wrong testing method. This is resolved after our protest, our test, local labs, and Korean labs subsequently prove us right. The results are better that requirements. Thus all cargo cleared.
Dear valued readers, I am not siding any party here. I just get the explanation from Hevea management so that all my subscribers are happy with my explanation.
Since I have the answer, I hope to share with all readers here. If you do not believe, please ignore it.
I am not asking you to buy or hold the shares, final decision is yours.
despite all the bad reporting and local/global stock market weakness, Hv price remain resilient...less than 10% off its all time high...still no sign of selling by many of its big shareholders...we shall see whether this support would continue or not...short term shareholders would of course want 'em to push the counter to another new all time high before CNY
Good luck...and whether Hv shareholder or not, wishing all a prosperous new year ahead!
i believe OTB and other big stock investment sifu isnt going to waste anymore of thier time reading this squealers article let alone replying to it. Heveaboard mgt has issued official clarification and file with Bursa. they wont be entertaining this rat here anymore. this rat just need a stage and audience. outside this page, he is just a squealing rodent
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Posted by Icon8888 > 2016-01-08 10:08 | Report Abuse
whoever is chasing might not be wrong
Hevea is moving into a new phase
the existing phase is based on earnings growth, which the story has more or less become stale (as pointed out by you)
they are now on the verge of moving into the next phase. With borrowings pared down, they will start paying out dividend. This will allow valuation to be moved from that of PER to dividend yield. People will accept the story when the dividend money flows into their pockets. The upcycle continues...
murali But frankly, I dont know why people are still promoting Hevea at current level..Rm1.62 X4 + RM6.48...about 300% up from RM1.60 last Jan (RM0.40 after split)...crazy
08/01/2016 10:01