Hevea (closed at RM1.19 today) is now trading at a PE of 6.5 times (based on last 4 quarters') EPS of 18.4 sen and ex-cash at a PE of 5.5 times). At this PER, Hevea is deemed very attractive. It may command a PER of 10-12 times- giving the stock an upside of at least 30%.
-Balance sheet is healthy with net cash per share is still high at 17 sen or equivalent to 14.2% of its share price.
-With minimal capex for FY16 and net cash per share of 17 sen as at end-4Q15, Hevea’s quarterly dividend is set to rise. Analyst forecasts net cash per share to rise from 17 sen in FY15 to 75 sen per share in FY18, which would be more than 58% of its current market capitalisation, implying ample scope for substantial dividend surprises.
-Since 11 Feb 2016, Hevea has commenced a share buyback programme. It has acquired 180k shares at an average price of RM1.19. While this represents only 0.05% of its paid-up capital, this sends a strong positive signal to investors.
-Hevea is expected to benefit from the rebuilding in Japan in the aftermath of recent earthquake given that the company exports ~50% of its products to the country.
That's true,salted fish.You are extremely right.Talk so much price also no jalan,until now we still don't see where is the continue price drop that you kept shouting like months ago.Oh ya,my sentence should end with your favorite word,"Lol"
10bagger10, salted fish = dead fish...this thing already come here for years you can treat it as "noise-signal" in this forum, just don't care about it.
Wah Siao, today alots director + company Acquire heveaboard. apa macam?
1. MAH FAH VICTOR GROUP SDN. BHD. 2. FIRAMA HOLDINGS SDN. BHD. 3. TENSON HOLDINGS SDN. BHD. 4. MR YOONG TEIN SENG @ YONG KIAN SENG 5. MISS YOONG LI YEN 6. MR YOONG HAU CHUN 7. MR YOONG TEIN SENG @ YONG KIAN SENG 8. MISS YOONG LI YEN 9. MR YOONG HAU CHUN
Buy now,going to fly soon,next month q report sure beautiful,if not,directors won't add on their holding.If price down,directors will support & there're plenty of opportunities to gain in price up,where to find?
Buy now,Zeti will be retiring by end of the month & RM will be affected.Believe USD will be strengthened to RM4.00 by then.Tomorrow could well be the last day you can buy at current 1.20 level,grab this golden opportunity,see you guys at 1.50 soon!
It's not that we are happy when RM is depreciating,but local stock market already linked export counters with USD/RM performance.So,it seems like if you want export counter to rise,you have to sacrifice RM unless retailers really understand the counter they are buying.
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....
lokzhaizz3813
32 posts
Posted by lokzhaizz3813 > 2016-04-19 16:08 | Report Abuse
collected some warrant, hope fly high