honestly, can you give some real fact data. Like how much of cash hevea generated? how much they "wasted" in buying back own share? what is the interest cover? is the debt too high and deadful to hevea? is the balance sheet like SHXT? instead of lots of soap drama scripts here, you thought you are FBI meh?
Maybe Hevea expect RM to strengthen a bit to pay back the US denominated debt cheaper? Who knows, who cares, RM23m is just a fraction of what they owe 3 years ago. You all are scraping the bottom of the barrel for negative materials, materials like this also want to publish.
anyway, what hevea did is correct, one should not be in very net cash position, to enhance shareholders' return, cost of debts are always lower than equity, as long a net gearing is low enough, no point reducing debt as such a fast pace, check out what uncle koon said, those companies that hug a lot of cash won't do well
heh,stupid dog....u did mention hevea full year profit 2015 stand at 62 million (part two moron action)...n b4 tat 700 contana story....u have no value....
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Posted by hissyu2 > 2016-02-25 17:39 | Report Abuse
yeah~~ i am the first... same format like mr robert who was "STAND TO BE CORRECTED"... thumb up!