Don't care too much about Qr. When market is red even good Qr also drops. When market is green even garbage stocks also up. Hevea is good FA counter. If doesn't break our cut loss pt just hold.
Q1 USD drop from 4.30 to 3.90, now is 4.078, i am expecting good result for second quarter except USD drop below 3.80. Buddha Bless to Hevea Investors.
The profit before taxation ("PBT") of the Group for the reporting quarter was RM 23.61 million, an increase of RM 9.01 million or 61.73 % as compared with the corresponding quarter in FY2015.
PBT improved due mainly to better performance in both the particleboard and RTA sectors as well and the reasons for the increase as stated in the Segmental Reporting A8.
A job well done again. Excellent. Despite a lot of people keep criticizing this stock, the fundamental speaks for itself. Hevea has also clearly demonstrated that even though there are depreciation in USD, Hevea is able to perform.
Wow what an impressive results by Hevea! Revenue up 25.4% and net profit grew by 45%. Borrowings were significanntly reduced to RM13.2 mil from RM58.635mil.
Cash was down to RM 92.464mil from RM125.374mil
my goodness, Hevea is a cash vendor machine now. I guess, in the second Q Hevea will give better rewards in lieu of dividends
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....
Farge168
861 posts
Posted by Farge168 > 2016-05-27 15:14 | Report Abuse
neither good or bad,slightly below expectation due to forex losses,I guess