US Dollar Does Matter, And Hevea Is Going To Kick Start Version ONE Of The 2016 Chipboard Rally. It All Starts Now and Ends in March.
Our Reporter | January 13, 2016
1452624963556 Kuala Lumpur : What MyBursa can gather from CIMB’s report on Heveaboard Bhd is that the US Dollar Does Matter and it is going to play a very crucial role in the coming earnings session.
For one, most of the chipboard makers such as Hevea, SYF Resources Bhd, Mieco Chipboard, and Evergreen are going to report earnings that are much stronger than anticipated by the research community.
And this boost is solely due to the steep depreciation of the Ringgit as well as the research communities conservative benchmarking of the Ringgit.
They have benchmarked the Ringgit at RM4 to the Dollar, a level which the Malaysian currency has not even come close to achieving over the past four months.
Based on the reality on the ground, MyBursa’s untrained estimate is that Hevea’s full year profit for the 12 months ended December 31 2015 which will come out next month will leap frog to the RM80 million level from RM32 million recorded in 2014.
Likewise SYF’s earnings are expected to be boosted by more than 20 per cent than previous estimates.
SYF is the current small cap exporter with momentum which has not been blunted even after the shocks coming out of China, which has literally strangled the Asian bull to the point of submission.
read Cimb's statement carefully, "Hevea will easily surpass TP RM2 with Q4 result 25 million profit". so it is super CNY ang pow cos Hevea usually very strong in Q4 result. hope Q4 can announce on 2nd Feb,
The so-called disgruntled minority shareholder already get back all their claimed unpaid dividend via pressing the price down and buying at lot of discounted price, doing so by spreading rumour and creating fear and publishing misleading report. Is this a crime? If yes, can't the company of Heveaboard take legal action, or are they are in cohort? In the end, those who follow the news get all their fingers burned.
yesterday and today morning so many hit and run ppl rushed in to buy, you thought speculator or investors are stupid to let these ppl earn easy money like this?
Those who purchase at lower price disposing now, but as we can see high profit, plus all the issue are false, so best to keep it as investment rm2 coming, it will attract more and more buyer eventually increase the share price, quarter report coming out with very high profit base on cimb statements, so hold for me
sigh...what am i gona do with all that money? LV? hermes? 1 week at maltives or Switzerland? or buy that 3 carat diamond necklace? decision decision. i hate u hevea.
ya, he only know to bark non-stop , earn nothing but only try to annoy other, don't event smart enough to pick up when down. he earn nothing whether hevea up or down, but karma stands
You can say negatively whatever you want if it's Marcus Chan analysis alone, but how about so many other sifus who stand out to counter the rumors like Icon8888, OTB, Bursa Dummy, and so many others sifus? Did they all lie as well?
They got the credibility, you lost all your credibility.
u have to understand the depress saltedfish facing now, he is working oil & gas company, sld be sacked any moment, he need to stir other to release, but I don't understand why his face so ugly, yet want to put up his pic.
If u see buy and sell volume buying pressure are much higher, most of seller hold, some put 500k lot at bid then when almost reach cancel it to scare buyer lolx..stick to fundamental
I find it funny people arguing like kids and im surprise this news even got picked up by The Edge. If you are Hevea shareholder and sold because of the rumor, then you are dumb. If you are still a shareholder and start personal attack on those that spread rumor, you are not that better yourself either.
JT Yeo, you might be a perfect person until you said :"If you are still a shareholder and start personal attack on those that spread rumor, you are not that better yourself either." welcome, you are not that better yourself either too now
Well it is a free forum right, im not doing any personal attack. I am expressing my opinion and i don't own hevea. But I find that attack other people doesnt bring any benefit.
I find it Ironic how your words are contradictory. On one hand you said this is a free forum, on the other hand you discourage what people said. Isn't free forum means they can say whatever they want?
JT Yeo to be fair you should go other counters thread and see how the attack is done for their shareholders from non interested parties. In Buddhism is call karma. I don't know why Edge only highlighted Hevea perhaps they have bought a lot?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
FullTime
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Posted by FullTime > 2016-01-13 10:22 | Report Abuse
US Dollar Does Matter, And Hevea Is Going To Kick Start Version ONE Of The 2016 Chipboard Rally. It All Starts Now and Ends in March.
Our Reporter | January 13, 2016
1452624963556
Kuala Lumpur : What MyBursa can gather from CIMB’s report on Heveaboard Bhd is that the US Dollar Does Matter and it is going to play a very crucial role in the coming earnings session.
For one, most of the chipboard makers such as Hevea, SYF Resources Bhd, Mieco Chipboard, and Evergreen are going to report earnings that are much stronger than anticipated by the research community.
And this boost is solely due to the steep depreciation of the Ringgit as well as the research communities conservative benchmarking of the Ringgit.
They have benchmarked the Ringgit at RM4 to the Dollar, a level which the Malaysian currency has not even come close to achieving over the past four months.
Based on the reality on the ground, MyBursa’s untrained estimate is that Hevea’s full year profit for the 12 months ended December 31 2015 which will come out next month will leap frog to the RM80 million level from RM32 million recorded in 2014.
Likewise SYF’s earnings are expected to be boosted by more than 20 per cent than previous estimates.
SYF is the current small cap exporter with momentum which has not been blunted even after the shocks coming out of China, which has literally strangled the Asian bull to the point of submission.