Posted by starperformer > 2016-12-19 11:08 | Report Abuse

stockraider, u got banned & kickout out of investlah still do the same here ahh? Later admin ban u again then no one will miss u lahh or u will reincarnate into another ID? Don't be naughty loh! Did ur mama chiong hei tell u everyday is for ur own good so u don't get into trouble loh!

Posted by stockraider > 2016-12-19 11:14 |

Post removed.Why?

Posted by starperformer > 2016-12-19 11:22 | Report Abuse

Compare...

EVERGREEN
P/E Normalized: 8.798
ROIC: 9.408%
EPS GROWTH RATE: -3.41%
NET PROFIT MARGIN: 9.294%


HEVEA
P/E Normalized: 11.209
ROIC: 21.282%
EPS GROWTH RATE: 13.803%
NET PROFIT MARGIN: 14.617%

Posted by stockraider > 2016-12-19 11:25 | Report Abuse

osted by starperformer > Dec 19, 2016 11:22 AM | Report Abuse

Compare...

EVERGREEN
P/E Normalized: 8.798
ROIC: 9.408%
EPS GROWTH RATE: -3.41%
NET PROFIT MARGIN: 9.294%


HEVEA
P/E Normalized: 11.209
ROIC: 21.282%
EPS GROWTH RATE: 13.803%
NET PROFIT MARGIN: 14.617%

Posted by stockraider > Dec 19, 2016 11:12 AM | Report Abuse X

Ya talk is cheap....!!
But when challenge no balls...!!

Posted by starperformer > 2016-12-19 11:31 | Report Abuse

stockraider and Dolly_chai, why are u both so afraid of factual data and info? This is what I'm talking about u both are not telling truth about Evergreen. I'm simply presenting the factual data and telling analysis based on everything taken out from all financial statements and chairman/directors statements in the annual/quarterly reports from both Evergreen and Hevea. Be transparent to the readers and don't mislead them. Thank u!

Posted by stockraider > 2016-12-19 11:38 | Report Abuse

Ya talk is cheap....!!
But when challenge no balls...!!

WHERE GOT AFRAID ? U TALK 3 TALK 4 SAMETHING...!!
NOW TAKE UP CHALLENGE LOH....DON BE A PONDAN MAH...!!

Posted by starperformer > 2016-12-19 11:41 | Report Abuse

stockraider, u already got banned and kicked out from investlah despite ur claim to have posted 10,000++ of noble comments but mostly are nonsense gibberish, just look at how u write in i3 forum people can know. Admin and commentators of investlah dislike u there for valid reasons lohh! What else attention u want here? I posted no nonsense comparison data only lohh!

Posted by stockraider > 2016-12-19 11:44 | Report Abuse

Ya talk is cheap....!!
But when challenge no balls...!!

WHERE GOT AFRAID ? U TALK 3 TALK 4 SAMETHING...!!
NOW TAKE UP CHALLENGE LOH....DON BE A PONDAN MAH...!

Starperformer....pondan pondan loh....!!

U cannot trust him if he don dare to challenge mah...!!

Posted by stockraider > 2016-12-19 11:45 | Report Abuse

AIYOO U VERY CHIONG HAI LOH this starperformer...NO NEED SAY U PANLAI OR DOLLY PANLAI MAH....JUST SEE THE SHARE PRICE OF EVERGREEN V HEVEA AFTER 1 YR MAH...!!
IF HEVEA...BETTER....THAN U SING SONG ....STARPERFORMER VERY PANLAI LOH...!!
NO NEED TALK 3 TALK 4...SAY PANLAI EVERYDAY COMPARE WITH EVERGREEN MAH...!!
NOW RESULT NOT OUT YET MAH...!!

HOWEVER U R ADVICE TO SING EVERYDAY THAT HEVEA IS GOOD BUT PLEASE DON COMPARE WITH EVERGREEN AFTER 1 YEAR LOH...!!

RAIDER & DOLLY WILL SING EVERGREEN VERY GOOD, BUT WOULD NOT COMPARE WITH HEVEA ALSO...UNTIL 1 YR LOH....!

Posted by starperformer > 2016-12-19 11:47 | Report Abuse

Challenge what? Both of u so childish lol. I suggest u both better talk abt the stocks and related issues and not nonsense here. So did u compare both companies well?

Posted by stockraider > 2016-12-19 11:51 | Report Abuse

AIYOO U VERY CHIONG HAI LOH this starperformer...NO NEED SAY U PANLAI OR DOLLY PANLAI MAH....JUST SEE THE SHARE PRICE OF EVERGREEN V HEVEA AFTER 1 YR MAH...!!
IF HEVEA...BETTER....THAN U SING SONG ....STARPERFORMER VERY PANLAI LOH...!!
NO NEED TALK 3 TALK 4...SAY PANLAI EVERYDAY COMPARE WITH EVERGREEN MAH...!!
NOW RESULT NOT OUT YET MAH...!!

HOWEVER U R ADVICE TO SING EVERYDAY THAT HEVEA IS GOOD BUT PLEASE DON COMPARE WITH EVERGREEN AFTER 1 YEAR LOH...!!

RAIDER & DOLLY WILL SING EVERGREEN VERY GOOD, BUT WOULD NOT COMPARE WITH HEVEA ALSO...UNTIL 1 YR LOH....!

Yes the solution is challenge loh !!

Bcos talk is cheap mah....!!
But when challenge no balls...!!

Posted by Andrewhlc > 2016-12-19 12:01 | Report Abuse

how much dividend evergreen pay yearly wor?? you didnt check meh, dont make me laugh lah hahahaha...

Posted by stockraider > 2016-12-19 12:09 | Report Abuse

Why Hevea earnings not so strong as it seems when compare to Evergreen loh ?

Hevea Latest QTR Earnings Rm 17M x 4 = Rm 68M annualsed Earnings
Hevea nos share plus warrant 501M + 68M = 569M
Annualised EPS of Hevea =rm 68m div 569M = Rm 0.12
Share price Rm 1.52 thus PE 13x for Hevea consider not undervalue loh...!!!


Evergreen Latest QTR Earnings Rm 16M x 4 = Rm 64M annualsed Earnings
Evergreen nos share plus warrant = 846M
Annualised EPS of Hevea =rm 64m div 846M = Rm 0.08
Share price Rm 0.955 thus PE 12x for Evergreen consider better than Hevea PE 13x loh...!!!

SO IF PEOPLE DEPEND ON HEVEA AS A GOOD EARNERS BUT THEIR EARNINGS ARE NOT BETTER THAN EVERGREEN MAH....!!
IN ADDITION EVERGREEN HAS MUCH BETTER VALUE SUCH AS BIGGER TURNOVER,SHAREHOLDER FUNDS .
THE NTA PER SHARE OF RM 1.35 AND PE 12X MORE MORE SUPERIOR THAN HEVEA NTA PER SHARE RM 0.85 AND PE 13X LOH...!!

Posted by starperformer > 2016-12-19 12:12 | Report Abuse

Compare...

EVERGREEN
P/E Normalized: 8.798
ROIC: 9.408%
EPS GROWTH RATE: -3.41%
NET PROFIT MARGIN: 9.294%


HEVEA
P/E Normalized: 11.209
ROIC: 21.282%
EPS GROWTH RATE: 13.803%
NET PROFIT MARGIN: 14.617%


The P/E of Evergreen is higher (*Lower the better). The Return on Invested Capital of Hevea is at 21.282% which is far superior than Evergreen already more than double. The ROIC as indicated is derived using the "latest fiscal year" divided by "5-year average" and it is an effective measure of the return on invested capital. That alone just ensures company such as Hevea is able to amassed so much profit and cash until today. By using the same amount of capital, Hevea is able to obtain a better returns for it's shareholders. That is why u still see many investors still pouring money into Hevea even it's gone way up above it's own book value.

What good would it do to just buy a stock below it's book value if it doesn't perform better for Evergreen? because investors can get better returns from another company such as Hevea since it's management is seriously efficient and prudent in retaining profit earnings and cost management. This has shown evidently Hevea is able to amassed the bulk of cash over the time and it can be put in good use during tough times ahead. Would u invest ur money into a company which can bring u consistently stable and far superior returns than the one that is not able to deliver consistently?

Below as indicated are the round-up of EVERGREEN and HEVEA profit margin:

EVERGREEN
2012: 3.2%
2013: -4.5%
2014: 0%
2015: 9.1%
2016: 7.3%


HEVEA
2012: 4.1% (Hevea's RTA segment started operation in early of 2012)
2013: 5.7% (Continuation of CAPEX throughout the year for more automation for RTA)
2014: 7.2%
2015: 14.7%
2016: 13.3%



Latest recorded revenues by segments of both companies:

EVERGREEN
Medium density fibreboard (MDF): 80% of revenues contribution
Value-added MDF: 15% of revenues contribution
Ready-to-Assemble (RTA): 5% of revenues contribution

HEVEA
Particleboard: 40% of revenues contribution
Ready-to-Assemble (RTA): 60% of revenues contribution



Hevea's latest quarter report announced on 22 Nov 2016.
CASH AND BANK BALANCES 109,790,000
LONG TERM BORROWINGS 6,947,000
SHORT-TERM BORROWINGS 8,164,000
Total debts: 15,111,000
Cash - Total Borrowings = 94,679,000 (*NET CASH POSITION)
No. of shares in circulation: 500,851,890 shares
94,679,000(Net cash) / 500,851,890 shares = *Worth RM (0.189) net cash a piece


Evergreen's latest quarter report announced on 28 Nov 2016.
CASH AND BANK BALANCES 141,018,000
LONG TERM BORROWINGS 108,952,000
SHORT-TERM BORROWINGS 107,633,000
Total debts: 216,585,000
Cash - Total Borrowings = -75,567,000 (*NET DEBTS POSITION)
No. of shares in circulation: 846,423,985 shares
-75,567,000(Net debts) / 846,423,985 shares = *Worth approx. RM (-0.089) per share


Which gearing level better? You should see the obvious.

Posted by stockraider > 2016-12-19 12:15 | Report Abuse

Why Hevea earnings not so strong as it seems when compare to Evergreen loh ?

Hevea Latest QTR Earnings Rm 17M x 4 = Rm 68M annualsed Earnings
Hevea nos share plus warrant 501M + 68M = 569M
Annualised EPS of Hevea =rm 68m div 569M = Rm 0.12
Share price Rm 1.52 thus PE 13x for Hevea consider not undervalue loh...!!!


Evergreen Latest QTR Earnings Rm 16M x 4 = Rm 64M annualsed Earnings
Evergreen nos share plus warrant = 846M
Annualised EPS of Hevea =rm 64m div 846M = Rm 0.08
Share price Rm 0.955 thus PE 12x for Evergreen consider better than Hevea PE 13x loh...!!!

SO IF PEOPLE DEPEND ON HEVEA AS A GOOD EARNERS BUT THEIR EARNINGS ARE NOT BETTER THAN EVERGREEN MAH....!!
IN ADDITION EVERGREEN HAS MUCH BETTER VALUE SUCH AS BIGGER TURNOVER,SHAREHOLDER FUNDS .
THE NTA PER SHARE OF RM 1.35 AND PE 12X MORE MORE SUPERIOR THAN HEVEA NTA PER SHARE RM 0.85 AND PE 13X LOH...!!

It is obvious Evergreen better loh....!!

Posted by bullorbear123 > 2016-12-19 12:19 | Report Abuse

@Dave Jet, last week you said you sold all, today again you said sold out, how many times are you going to said that. And then you are asking us to sell and run. Are you try to playing around?

Posted by Dave Jet > 2016-12-19 12:26 | Report Abuse

Dave Jet Luckily not sell out just now....
06/12/2016 10:58

Posted by Dave Jet > 2016-12-19 12:35 | Report Abuse

Dave Jet Start going up!
13/12/2016 09:29
X
Dave Jet 1.55 soon!
15/12/2016 09:54
X
Dave Jet Strong US, no need to worry.
15/12/2016 09:58

Posted by Dave Jet > 2016-12-19 12:36 | Report Abuse

Any problem,bob?

Posted by Dolly_Chai > 2016-12-19 12:36 | Report Abuse

starperformer is a no-ball guy...
he dared to tell lie but when challenged.. he dares not take up...

he accused ppl using multiple ID but when challenged.. he kept quiet like pondan...

and he talked a lot of nonsense at Evergreen forum trying to pull down the price for his personal agenda.. very obvious...

Posted by starperformer > 2016-12-19 12:43 | Report Abuse

stockraider, u must be very deeply invested in Evergreen until u have to defend it so actively lol. I've told u many times that Evergreen is having core fundamental issues in regards to suppression of profit margin due to higher costs of restructuring it's businesses specifically relocation of current MDF operations to another plant and restarting of particleboard segment and to improve it's RTA segment. All these are time-consuming and the supposed benefits will only be seen in late 2017/2018 at the earliest. You can check Hevea's past history by reading up their annual reports and it has shown that it took Hevea two years to get RTA segment to run smoothly and stabilize. Read Hevea's annual report from year 2011-2015 and u can learn so Evergreen will take at least 2 years for RTA up & running while it's profit margin from MDF segment will trend lower due to a major shift of demand from pricey MDF to cheaper/affordable particleboard from global importers.

Posted by stockraider > 2016-12-19 12:44 | Report Abuse

Raider check Hevea history b4....it was a bankrupt company b4 loh..!!

Posted by Dolly_Chai > 2016-12-19 12:51 | Report Abuse

haha.. raider.. good smack right in the face.. talking about history, bla bla bla...

Posted by Dolly_Chai > 2016-12-19 12:53 | Report Abuse

starperformer... if a massive change and improvement in earning can be seen in 2017/18, as a value investor, can u wait for 1-2 years to reap perhaps 100% gain?

we invest in the future improvement and growth of evergreen, that is why we are buying...
u sound like short term speculator so dun act like expert in fundamentals..

in 2017/18, evergreen share price is easily double of current due to their improvement.. go read their annual report carefully...

Posted by newbie_Investor > 2016-12-19 12:57 | Report Abuse

if it can so easily double current price then just sell house, wife, underwear and sailang

no need to keep spamming here at hevea forum tq

Posted by stockraider > 2016-12-19 13:00 | Report Abuse

Dolly spam here bcos Ur people spam at Evergreen mah....!!

If Starperformer dare take up the challenge, habis cerita loh.!!

Instead no balls....talk like a pondan mah....!!

Posted by Dolly_Chai > 2016-12-19 13:07 | Report Abuse

newbie_Investor.. u really sound like newbie.. yes, i will sell ur wife to invest in evergreen... dun talk nonsense and insult ppl

Posted by Im Leng > 2016-12-19 13:10 | Report Abuse

eieiei, enough la
people will adjust will think will check by themselves.
Trade your own risks. Dont spread fake news or comment anywhere pls.

Posted by coolinvestor > 2016-12-19 13:10 | Report Abuse

only newbies get angry quickly...why?

becoz they totally dun know anything...yet pretend to know everything...and do not want to be humble to learn from true experienced ppl in i3....haiz

like this sure lose big time...

Posted by Dolly_Chai > 2016-12-19 13:11 | Report Abuse

agree coolinvestor.. starperformer should really shut up and learn more...

Posted by coolinvestor > 2016-12-19 13:15 | Report Abuse

even the name starperformer says it all....hahhaha

low self esteem n always WISH to be successful all the time

this is psychology...lol

Posted by starperformer > 2016-12-19 13:38 | Report Abuse

Dolly_chai, please seriously check the very latest accounting of both heavyweight competitors Evergreen and Hevea carefully below:

Hevea's latest quarter report announced on 22 Nov 2016.
CASH AND BANK BALANCES 109,790,000
LONG TERM BORROWINGS 6,947,000
SHORT-TERM BORROWINGS 8,164,000
Total debts: 15,111,000
Cash - Total Borrowings = 94,679,000 (*NET CASH POSITION)
No. of shares in circulation: 500,851,890 shares
94,679,000(Net cash) / 500,851,890 shares = *Worth RM (0.189) net cash a piece

Evergreen's latest quarter report announced on 28 Nov 2016.
CASH AND BANK BALANCES 141,018,000
LONG TERM BORROWINGS 108,952,000
SHORT-TERM BORROWINGS 107,633,000
Total debts: 216,585,000
Cash - Total Borrowings = -75,567,000 (*NET DEBTS POSITION)
No. of shares in circulation: 846,423,985 shares
-75,567,000(Net debts) / 846,423,985 shares = *Worth approx. RM (-0.089) per share


I'm not trying to bring down the share price or influence people to buy Hevea and dump Evergreen. I'm sharing what seems to be the greater risks for companies that are having high debts and not enough cash balances and cash flow to service it's borrowings with interests during the current bad economic climate worldwide and with the ringgit dropping to Asian Financial Crisis in 1998 level is not something any companies should take it lightly.

A friendly reminder is better buy shares of companies with low gearing that is having lower or no debts and holding good amount of cash because there will definitely be market turbulence coming real soon. Check what is happening in business worldwide now. Market bull run is over-matured 9 years now and will fall anytime soon. I still see good fundamentals with export stocks due to falling ringgit. Here's a recap:

HEVEA's total borrowings: RM 15,111,000.00
EVERGRN's total borrowings: RM 216,585,000.00
*announced on 22 Nov 2016

HEVEA's cash balance: RM 109,790,000.00
EVERGRN's cash balance: RM 141,018,000.00
*announced on 28 Nov 2016

Posted by starperformer > 2016-12-19 13:41 | Report Abuse

Today headlines on bloomberg.....

https://www.bloomberg.com/news/articles/2016-12-19/ringgit-dips-to-weakest-level-since-1998-asia-financial-crisis

Posted by starperformer > 2016-12-19 13:49 | Report Abuse

..

HEVEA's Debt to cash ratio
RM 109,790,000 (Total cash) / RM 15,111,000 (Total debts) = [1.00 : 7.27]

EVERGRN's Debt to cash ratio
RM 141,018,000 (Total cash) / RM 216,585,000 (Total debts) = [1.00 : 0.65]

To put it in perspective, Hevea is having RM 15m total debts only whereas Evergreen has a giant RM 216m of total debts. Do u see it more clearly?

Posted by frank74 > 2016-12-19 13:53 | Report Abuse

guys, no need for animosity. everybody has their own opinions and their beliefs, based on hunches or empirical analysis. make or lose, we make our own beds, we jump in with both eyes open. for me, i appreciate the information shared, but let's not get nasty. cheers guys, we're all in it for the same reason.

Posted by stockraider > 2016-12-19 14:20 | Report Abuse

Evergreen has a staggering rm 1 billion shareholder funds whereas hevea have only Rm 400 million loh....!!

If both Hevea & Evergreen loss Rm 400 million....Hevea will be bankrupt but evergreen still have Rm 600 million loh....!!

Posted by stockraider > 2016-12-19 14:27 | Report Abuse

If u buy Evergreen at Rm 0.975...even if evergreen loss Rm 400 million..u still get back Rm 0.70....!!

If u invest in Hevea Rm 1.54...if Hevea loss Rm 400 million..your share is worthless and worth zero loh...!!

Evergreen a better company mah....!!

Posted by R3D3 > 2016-12-19 14:29 | Report Abuse

It's really embarrassing to read such comments.

Posted by stockraider > 2016-12-19 14:31 | Report Abuse

It is a fact Evergreen is a big company & Hevea is a small cikku compare to evergreen mah...!!

So financially how Hevea can it be stronger than evergreen ?

Posted by starperformer > 2016-12-19 14:34 | Report Abuse

Refer the following:
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5095
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5101

Latest quarter results:
Net profit: RM 17,233,000 (HEVEA)
Net profit: RM 16,880,000 (EVERGREEN)

EPS (sen): 3.70 (HEVEA)
EPS (sen): 2.06 (EVERGREEN)

Since Evergreen's debts is so high at RM 216,585,000.00 then how many quarters are needed to earn back and pay down the debts in the long term? It's EPS is only 2.06 sen per share and net profit has been shrinking non stop for 5 consecutive quarters until HEVEA has overtaken it.

Why u should never use it's book value to value the worth of such companies? If they are property developers then having lots of valuable assets will be worth a lot more but in this case both HEVEA and EVERGREEN are producers & exporters of timber-based products so they are capital intensive and most of their assets are in depreciating machinery which will need to be upgraded or replaced after years later. So I don't think u should use it's NTA as a main guide to buy it's shares.

Posted by Andrewhlc > 2016-12-19 14:38 | Report Abuse

stockraider you are better than cold eye and even better all the hevea investors here hahaha pls continue hold your evergreen, dont worry...hevea already gave my family 100% return...you continue to invest your evergreen ba..

Posted by starperformer > 2016-12-19 14:53 | Report Abuse

Simply cheering for a stock without giving any supporting basis is like a doctor telling the pregnant lady to do cesarean than natural birth without letting her understand the pros and cons of both but being biased towards cesarean because the doctor wants to "untung" more money lol

Posted by stockraider > 2016-12-19 14:56 | Report Abuse

Why Hevea earnings not so strong as it seems when compare to Evergreen loh ?

Hevea Latest QTR Earnings Rm 17M x 4 = Rm 68M annualsed Earnings
Hevea nos share plus warrant 501M + 68M = 569M
Annualised EPS of Hevea =rm 68m div 569M = Rm 0.12
Share price Rm 1.52 thus PE 13x for Hevea consider not undervalue loh...!!!


Evergreen Latest QTR Earnings Rm 16M x 4 = Rm 64M annualsed Earnings
Evergreen nos share plus warrant = 846M
Annualised EPS of Hevea =rm 64m div 846M = Rm 0.08
Share price Rm 0.955 thus PE 12x for Evergreen consider better than Hevea PE 13x loh...!!!

SO IF PEOPLE DEPEND ON HEVEA AS A GOOD EARNERS BUT THEIR EARNINGS ARE NOT BETTER THAN EVERGREEN MAH....!!
IN ADDITION EVERGREEN HAS MUCH BETTER VALUE SUCH AS BIGGER TURNOVER,SHAREHOLDER FUNDS .
THE NTA PER SHARE OF RM 1.35 AND PE 12X MORE MORE SUPERIOR THAN HEVEA NTA PER SHARE RM 0.85 AND PE 13X LOH...!!

Evergreen has a staggering rm 1 billion shareholder funds whereas hevea have only Rm 400 million loh....!!

If both Hevea & Evergreen loss Rm 400 million....Hevea will be bankrupt but evergreen still have Rm 600 million loh.

It is obvious Evergreen better loh....!!

Supporting basis mah.....!!

Posted by starperformer > 2016-12-19 14:56 | Report Abuse

stockraider pretend to be blind and said Evergreen is financially stronger??? How ah??

HEVEA's total borrowings: RM 15,111,000.00
EVERGRN's total borrowings: RM 216,585,000.00
*announced on 22 Nov 2016

HEVEA's cash balance: RM 109,790,000.00
EVERGRN's cash balance: RM 141,018,000.00
*announced on 28 Nov 2016

Net profit: RM 17,233,000 (HEVEA)
Net profit: RM 16,880,000 (EVERGREEN)

EPS (sen): 3.70 (HEVEA)
EPS (sen): 2.06 (EVERGREEN)

Posted by Andrewhlc > 2016-12-19 15:02 | Report Abuse

stockraider is saltedfish no3 lah, he is so boring because he cnt get cheap stock in the market lol

Posted by gogogogo > 2016-12-19 15:22 | Report Abuse

don't need to argue Stockraider continues to hold your evegreen and we continue to hold our hevea for 5 years. end of the story

Posted by stockraider > 2016-12-19 15:37 | Report Abuse

I think stockraider does not understand it at all or he just pretend that everything about Evergreen is still looking good but the "facts" have shown that Evergreen is a highly indebted company with high gearing and experiencing a sliding in it's own profits consecutively in the following:
Evergreen has a staggering rm 1 billion shareholder funds whereas hevea have only Rm 400 million loh....!!
If both Hevea & Evergreen loss Rm 400 million....Hevea will be bankrupt but evergreen still have Rm 600 million loh....!!

1) Profit before taxes (PBT) sliding and decreasing non stop for 5 consecutive quarters from RM 34.757m to the latest RM 22.121m
BUT HEVEA HAVE BRANKRUPT B4 MAH....IF IF U ANALYSE 10 YRS ACCOUNT..HEVEA BRADY USELESS LOH...!!


2) Earning per share (EPS) sliding and decreasing for 5 consecutive quarters as well from 5.38 sen to latest 2.06 sen
Hevea Latest QTR Earnings Rm 17M x 4 = Rm 68M annualsed Earnings
Hevea nos share plus warrant 501M + 68M = 569M
Annualised EPS of Hevea =rm 68m div 569M = Rm 0.12
Share price Rm 1.52 thus PE 13x for Hevea consider not undervalue loh...!!!


Evergreen Latest QTR Earnings Rm 16M x 4 = Rm 64M annualsed Earnings
Evergreen nos share plus warrant = 846M
Annualised EPS of Hevea =rm 64m div 846M = Rm 0.08
Share price Rm 0.955 thus PE 12x for Evergreen consider better than Hevea PE 13x loh...!!!

SO IF PEOPLE DEPEND ON HEVEA AS A GOOD EARNERS BUT THEIR EARNINGS ARE NOT BETTER THAN EVERGREEN MAH....!!
IN ADDITION EVERGREEN HAS MUCH BETTER VALUE SUCH AS BIGGER TURNOVER,SHAREHOLDER FUNDS .
THE NTA PER SHARE OF RM 1.35 AND PE 12X MORE MORE SUPERIOR THAN HEVEA NTA PER SHARE RM 0.85 AND PE 13X LOH...!!

3) Dividend wise? Disappointingly, Evergreen paid RM 0.01 sen dividend in the year 2016 only. Before that, the last time it paid dividend was in the year 2012. This is not good for shareholders. The company has amassed a staggering RM 216,585,000.00 in debts today. It should be in net cash position by now. Look at many other funiture maker stocks are already in net cash position. EVERGREEN KEEP BACK DIV PAY MORE IN THE FUTURE LOH....!!

Posted by yefeng > 2016-12-19 15:44 | Report Abuse

stockraider，how do u calculate？

Hevea Latest QTR Earnings Rm 17,233,000 x 4 = Rm 68,932,000 annualsed Earnings
Hevea nos share plus warrant 501M + 68M = 569M
Annualised EPS of Hevea =rm 68m div 569M = Rm 0.12114
Share price Rm 1.55 thus PE 12.80


Evergreen Latest QTR Earnings Rm 15,692,000 x 4 = Rm 62,768,000 annualsed Earnings
Evergreen nos share plus warrant = 846M
Annualised EPS of Hevea =rm 64m div 846M = Rm 0.07419
Share price Rm 0.97 thus PE 13.07

Posted by yefeng > 2016-12-19 15:47 | Report Abuse

Some more, u just take latest qtr to estimate, it won't show the actual value

Posted by stockraider > 2016-12-19 15:49 | Report Abuse

Yefeng,

The latest QTR is the most accurate mah...it is the latest mkt condition woh....!!