Bought again @1.18,current holding 1500 lots & will continue to add if price come down again,saltedfish,pls sell more,hope afternoon session can get 1.17,pls help....lol
Posted by m00077 > Aug 18, 2016 10:59 AM | Report Abuse
I BOUGHT HEVEA AT MUCH HIGHER PRICE AND NOW CONTINUE TO BUY TO AVERAGE DOWN MY COST. I AM CONFIDENT THAT WHEN BULL COMES, IT SHARE PRICE CAN SHOT UP TO OVER RM1.50 AT LEAST. NOW THE MARKET IS BEARISH. FURTHER MORE, ALL THE ANALYSIS SHOW THAT THIS IS A VERY GOOD COUNTER WITH VERY STRONG & HEALTHY BALANCE SHEET, HIGH EPS, HAS A LOT OF FREE CASH AND MOST IMPORTANCE, THIS COMPANY IS VERY WELL MANAGED
since you are so confident about this tp 1.50 .... you should buy everything at 1.19 .... imagine 1 lot untung RM310 less trading fees & if bought 1000 lots (either borrow or sai-lang SINCE it is SURE WIN) ... no brainer at least untung RM 300K plus ....
READ kcchongnz's comment and analysis above: The investment thesis of Hevea lies in its low market valuation with earnings yield of 19.3% and its high cash yield of more than 10%, more than twice that an investor can get from putting his money in bank fixed deposit.
The conservative GCGM with growth assumption just matching the rate of inflation shows that Hevea is worth RM2.18 per share, or a margin of safety of 46% investing in it at RM1.18.
thanks for the explainations .... for me i just bought 1.19 ... no difference in queueing for it at 1.17 or 1.18 if ultimately the tp is 1.50 .... UNLESS this is a shit stock but from what i gathered from you guys Hevea is NOT !!!!
i can switch off now & wait for BULL time ... thank you
buy call if you have extra money, those operator who press down the price and hope to get cheaper stock is getting harder now, if they do it so, they also cnt get any benefit, i believe more buyer will come to collect it if the next quarter result is good.
osted by Farge168 > Aug 18, 2016 11:51 AM | Report Abuse ruslimz,we buy cheap to secure ourselves,but for this counter,it won't go lower than 1.16,so downside is very limited at this stage,just BUY & KEEP!!
Say want to buy/add from 1400 lots to 3000 lots but still haggling over 1 sen.....that show the truth. Lol
Posted by fzank > Aug 18, 2016 03:22 PM | Report Abuse no need to queue 1.17 .... Just hentam 1.19 ... what is RM 20 more per lot if ultimately can earn RM 300 plus per lot ...
He wants to make $300k but not willing to offer 1 sen more, Lol
2 weeks ago, saltedfish said got big price dropping show. I wait wait wait until now got Olympic show, EPL show, hungry ghost month singing dancing show, but still no show at Hevea...
saltedfish where is the show you promised on 29th July, you thought readers here has forgotten the rumor you spread last 3 weeks ago? please go to hide as you did in last few weeks if you don't want people laugh at you wakakaka
There are 101,838,374 outstanding Hevea-WB units that can be converted to new ordinary shares at 25c apiece which effectively will dilute existing ordinary shareholders' earnings, NAB, dividends, rights and voting power.
Before the ord shares were split 4 ways each, the warrants were floating below 20c most of the time prior to April 2013 and gradually moving up to 84c by the end of 2014. The main shareholders would have probably mopped up most of these warrants at low prices. Remember the adjusted costs of their warrants have been quartered too.
53 Substantial shareholders of warrants listed in the 2013AR held 67.5% of the original 42,666,666 units as at 25 Apr 2014. The 2014AR says 50 substantial shareholders owned 71.48% as at 22 Apr 2015. The 2015AR says 102 substantial shareholders owned 86.65% of the new 119,938,474 outstanding units as at 30 Mar 2016. Make what you can of this info.
At the time of issue of the new warrants consequent of the ord shares split, there were 159,797,864 units altogether meaning 57,959,490 units have been converted up to now, in a period of roughly a year.
If I were a holder of any warrants, I would convert them to ord shares to enjoy the full benefits owned by them. If I own the mother shares and am short of funds, I would sell existing ord shares to convert 4 warrants for each that I sell, with spare cash left over and still netting 3 ord shares in hand to receive the annual dividends which can be 5c or more per share for FY16 based on current levels of outstanding ord shares. The dilutive impacts deepen as more warrants are converted though.
I imagine there must be many shareholders choosing to upgrade their positions by selling ord shares to finance their conversions of warrants which may explain why the Hevea shares have been mired in limbo, shackled as buyers are marginally overwhelmed by sellers. If the main shareholders are doing that discreetly, then potentially up to 25+ million mother shares are still in line to be disposed in a worst scenario.
So patience is required while we wait and hopefully Hevea performs better than expected so that there is a bigger cake to be shared by more stakeholders. If the boss is too comfortable or naughty, the wait may turn lengthy and the share price may even trend lower.
Major shareholders won't be that stupid to do that to affect the share price,you know the losses thy will suffer in terms of shares they're holding,just for the small differences in converting warrants to ord shares,nice try though,ignissimia,at least better than those animals,but soon you'll join them too.
this is very bad,i totally agreed with ignissimia..major shareholders share cost price can be very very low,,after the bonus issue,,,and they had taken profits when the price is at super high 8 months ago..many retail players get trapped already..
Posted by ignissimia > Aug 19, 2016 12:33 PM | Report Abuse I imagine there must be many shareholders choosing to upgrade their positions by selling ord shares to finance their conversions of warrants which may explain why the Hevea shares have been mired in limbo, shackled as buyers are marginally overwhelmed by sellers. If the main shareholders are doing that discreetly, then potentially up to 25+ million mother shares are still in line to be disposed in a worst scenario.
Let me tell you this : Heveawood had distributed the 52m Hevea WB to its shareholders. And either they are unloading the WB or they are converting the 52m WB to mother shares, then unload....
Either which way you look at it, 52m WB or 52m mother shares are coming into the market in the next few months. This means Hevea shares price 冇运行 in the next few months! Lol
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....
pathfinder
374 posts
Posted by pathfinder > 2016-08-18 12:13 | Report Abuse
Sigh. I am out of money.