The selling of Hevea is not fundamentally justified, rather it's driven by temporary sentiment.
1. Hevea actually suffered forex loss from USD appreciation - it has USD denominated loans. Hence Ringgit strengthen actually helps Hevea to repay it's loans, not the other way round.
2. Hevea has recently stated in newspaper that their customer has renegotiated the orders contract. Hence any further appreciation in USD will no longer benefit Hevea anymore.
All Hevea needs to do now is to continue to improve it's productivity and value adding. Forex is less of their concern now.
when a stock heading down, there will be some group of ppl coming out and saying things like 'told you so'... 'now you know' and etc....are this group of ppl really know and can see the future? if so, there must be flirty rich. billionaires. Or they just guessing and hope "ONE DAY" they will get it spot on.
Posted by PN17player > Jan 13, 2016 12:15 PM | Report Abuse clearing 1.60 now. heheee
Posted by PN17player > Jan 13, 2016 10:52 AM | Report Abuse 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,
Posted by PN17player > Feb 18, 2016 12:05 PM | Report Abuse RM1.80 after result
Posted by PN17player > Feb 25, 2016 08:36 AM | Report Abuse With eps 6.7 cents , not surprise if reach 1.55 to 1.60 . Lucky I Hv faith in hevea. , not sold a share . Next q will b even better where ringgit worsen in early d year
Posted by PN17player > Mar 7, 2016 04:32 PM | Report Abuse never ending story , who collect who die. decided cut lost to stop further loss
Should buy,not only buy,but buy as much as possible,see no reason it can't rebound in next couple of days!Once it rebound,it'll be unstoppable.See you@1.50 soon!
Ikan masin,you lost a lot in hevea?I see yr hatred towards hevea is so deep that you have to curse this counter day & night!If can't afford the losses,quitlah!I see yr name throughout the day until everything I eat also taste salty without adding soya sauce,really soi!Btw,salted fish also not good for you in stock market,pantang,change yr name to abalone better!
This salted fish will keep appearing no matter how we criticize him,the only way to chase him away is for hevea to shoot up beyond 1.50.So,let's hope hevea moves up aggressively in next few days!Go!Hevea go!!
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....
Ezra_Investor
549 posts
Posted by Ezra_Investor > 2016-03-07 11:31 | Report Abuse
The selling of Hevea is not fundamentally justified, rather it's driven by temporary sentiment.
1. Hevea actually suffered forex loss from USD appreciation - it has USD denominated loans. Hence Ringgit strengthen actually helps Hevea to repay it's loans, not the other way round.
2. Hevea has recently stated in newspaper that their customer has renegotiated the orders contract. Hence any further appreciation in USD will no longer benefit Hevea anymore.
All Hevea needs to do now is to continue to improve it's productivity and value adding. Forex is less of their concern now.