Yup...just sit back & enjoy the ride on a profitable counter. Old rabbit and flying fish still has time to hop or fly into this boat. The boat is slowly growing into a ship.
@money - go learn from KC, he's one of the best fundamental investor around. He spotted Hevea back in 25 cents if I recalled correctly. Liihen and Homeriz much much earlier.
Cash and bank balances 92.4 million as at 31-03-2016 Share premium: 17.98 million Retained profits:238.52 million Long term borrowings reduced from 23.21 million to 11.31 million Short term borrowings reduced from 35.149 million to 1.913 million
Net cash company Earning per share 0.175 cents and PE 7.37 times If share price move further up to 1.50,then its PE is 0.857 times only Still very cheap to enter at the current price of 1.29
I realise we got nowhere today but that is OK. There are a lot of sellers and the operator is taking his time grinding resistance down. These things take time to do. I think Hevea is undervalued now and should in time reflect its true higher price. I opine RM1.50 as a short term target.
Liihen engine already started. Pohuat and Hevea will follow suit. This month Pohuat will again release strong Qtr earning. Hold tight and those not yet on board, it's not too late to eat Pohuat or Hevea.
Japan was the largest customer of Hevea Bhd.The ratification of TPPA and the coming of Tokyo Olympia will estimate to generate more revenue for Hevea in the upcoming period
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....
lloydlim
3,969 posts
Posted by lloydlim > 2016-06-02 11:11 | Report Abuse
Uptrend towards 2.00, good!