Evergreen Fiberboard is not a good company, but people like to play the rebound. Just look at the revenue segment for Evergreen. Mieco has better drivers
Yes, but I really should stop posting comments from now onwards. Some people are using me as a reverse indicator. Time to take a break from forums. Thankless job honestly
This is one of the few stocks to own in this difficult market. USD still strengthening until today as Nasdaq and S&P500 slides. Investors still buying cash and rotating out of all risk assets
Buy on every pullback, management dumping for fear of "retail sentiment" They probably read i3 comments and try to inverse retail investors. Do not donate your shares to management. Keep holding
Insiders trying to dump their shares on retail before the next earnings. Do not donate your shares. The trend will last until the start of Q3 2022. This is a long term hold
Whenever I hunt for Bursa timber/wood-based companies, I compare them with 2 reference companies where I have detailed analysis - Eksons (https://www.youtube.com/watch?v=g1byo-eO4CM) and Taann. This will give me a quick assessment of whether to pursue further. In this context, over the past 11 years, there was only 1 year that Mieco ROE was better than that of Taann. Compared with Eksons, Mieco did better for 5 years. Not exactly an exciting track record.
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Posted by wallstreetrookie > 2022-04-21 10:54 | Report Abuse
before the next move