Posted by starperformer > 2017-01-13 10:11 | Report Abuse

Eh....not u love talking about share price performance? How lah? I exposed it for ur viewing. So how?

Hevea climbs from 1.02 - 1.58 (+54% gain) WOW
Useless Evergreen from 0.88 - 1.02 (+15%) only?
54% - 15% = Hevea has +39% more than useless Evergreen! WOW
Why useless tortoise Evergreen always drop down below 1.00 one leh?

Posted by stockraider > 2017-01-13 10:24 | Report Abuse

Hevea owner big conman, so better sell loh....!!
What is the use, there is profit ?
It would be siphoned away anyway loh....!!

Evergreen very good integrity, u sleep well investing on it mah..!

LETS STUDY THE SAID LAND Of HEVEA BUY LOH....!!
EXPIRY 2046.....THAT MEANS CAN PAKAI ONLY 29 YEARS, VERY SHORT LOH...!!
TANAH INI UNTUK KILANG PAPAN SAHAJA....THAT MEANS NO VALUE LOH...ONLY TIMBER BASED COMPANY CAN BUY LOH....!!
AMORTIZATION AND DEPRECIATION VERY HIGH LOH....!!

HOW DID THE OWNER KEEP IT FOR THEMSELVES, BUY CHEAP AND DID NOT PASS TO HEVEA TO BUY EARLIER IS A PUZZLE LOH ?
DON FORGET...LAND ONLY FOR "KILANG PAPAN SAHAJA"...THATS MEAN...OWNER BUY..GOT PLAN TO SELL IT TO HEVEA LOH....!!
THATS WHY WHAT THE HECK THEY BUY IF GOT RESTRICTION LEH ??

When the owner like Hevea con your monies, it is like crocodile loh....!!
They give one bite, takeaway a big chunk mah....!!
It is not worth to hang around in a company with owner with no integrity....loh...!!
Some more NTA rm 0.85....if they conned rm 0.30 like raider predicted...your NTA is Rm 0.55 loh...!!

ANOTHER THING HEVEA SALES ONLY INCREASE BY RM 3M OR 2% IN SEPT QTR...BUT MANAGEMENT WANTS TO INCREASE CAPACITY LEH.....!!
WHY LEH ?
JUST TO CON MONIES LOH.....!!

So how much Hevea can take from the con leh ??
Boochowcccccccccccccccc loh......

Posted by stockraider > 2017-01-13 10:29 | Report Abuse

Hevea investor better watchout loh....over one year sure lose alot of monies....with crocodile, shark , piranna U cannot survive for too long loh....!!

LETS STUDY THE SAID LAND Of HEVEA BUY LOH....!!
EXPIRY 2046.....THAT MEANS CAN PAKAI ONLY 29 YEARS, VERY SHORT LOH...!!
TANAH INI UNTUK KILANG PAPAN SAHAJA....THAT MEANS NO VALUE LOH...ONLY TIMBER BASED COMPANY CAN BUY LOH....!!
AMORTIZATION AND DEPRECIATION VERY HIGH LOH....!!

HOW DID THE OWNER KEEP IT FOR THEMSELVES, BUY CHEAP AND DID NOT PASS TO HEVEA TO BUY EARLIER IS A PUZZLE LOH ?
DON FORGET...LAND ONLY FOR "KILANG PAPAN SAHAJA"...THATS MEAN...OWNER BUY..GOT PLAN TO SELL IT TO HEVEA LOH....!!
THATS WHY WHAT THE HECK THEY BUY IF GOT RESTRICTION LEH ??

Posted by stockraider > 2017-01-13 10:33 | Report Abuse

ANOTHER THING HEVEA SALES ONLY INCREASE BY RM 3M OR 2% IN SEPT QTR...BUT MANAGEMENT WANTS TO INCREASE CAPACITY LEH.....!!
WHY LEH increase capacity, when sales no good, sure alot of capacity, why increase ah ?
JUST TO CON MONIES LOH.....!!

So how much Hevea can take from the con leh ??
Easily NTA Rm 0.30 loh....!!
Boochowcccccccccccccccc loh......

Posted by starperformer > 2017-01-13 10:34 | Report Abuse

U can see that stockraider is getting nervous and losing it in Evergreen. Told him Hevea is a better buy. Can't blame him too because his money is deeply stuck in Evergreen. See how he's gone berserk like crazy LOL

Posted by stockraider > 2017-01-13 10:36 | Report Abuse

He...he...he....!!
Just becareful loh....the land buy is just a starter loh....!!
Once hevea build....habisloh....all your cash loh....!!

This is how crocodile works loh....!!

Posted by mr00183 > 2017-01-13 10:43 | Report Abuse

Stockraider the new buckbunny haha..

Posted by aidwiz > 2017-01-13 10:44 | Report Abuse

im clicking report abuse repeatedly....

Posted by starperformer > 2017-01-13 10:47 | Report Abuse

You're right. I expect better debate but too bad, stockraider has gone berserk crazy loh. LOL

Posted by stockraider > 2017-01-13 10:49 | Report Abuse

RRPT is a con job, raider just for warn reader advance loh.....!!
It is for the better 0f readers to take note of the risk loh...!!

If not all your hard earn monies gone loh...!!

What about monies for children education, ur retirement monies all hangus....raider don want to see this sorry state loh....!!

Please do the right thing b4 too late...!!

Posted by Andrewhlc > 2017-01-13 11:00 | Report Abuse

According to stockraider,

'LAND Of HEVEA BUY CAN PAKAI ONLY 29 YEARS, VERY SHORT LOH...AMORTIZATION AND DEPRECIATION VERY HIGH LOH..!! '

This shall be big joke, you buy a car for 100k, it depreciation also is very high. but why you still buy it? it is because the car help you a lot, for daily job performance or to generate more cash.

Furthermore, land lease can be renewed for a further term of 60 or 99 years

PAKAI ONLY 29 YEARS spent 13 million, lets say each year minimum generate 1-2 million and 29 years it generates 29-58 million, cukup lah, still earns 16-32 million. Aiya, it is better to put in FD wahahaha..

BUY BUY BUY :DDDD

Posted by starperformer > 2017-01-13 11:04 | Report Abuse

Evergreen peaked at 1.68 (11-JAN-2016) and descending to 0.735 (01-SEP-2016) and now at 0.985. It lose -41% since it peaked last year. From latest bottom price, it climbs +34% (0.735 -> 0.990).

Plz note that Evergreen is moving in downtrend ALWAYS BELOW 200-MOVING AVERAGE TREND LINE. It tried to break-out 25-OCT-2016 but FAILED & back to downtrend.


Hevea peaked at 1.72 (06-JAN-2016) and descending to 1.02 (30-Aug-2016) and now at 1.53. It lost -11% since it peaked last year. From latest bottom price, it climbs 51% (1.02 -> 1.54)

Hevea break-out on 07-OCT-2016 and entered uptrend above it's 200 MOVING AVERAGE TREND LINE ever since until today.



So, isn't the answer is darn clear already? EVERGREEN is losing and in DOWNTREND MODE while HEVEA is in UPTREND MODE. Cheak, study and see clearly. Obvious is certainty!

Posted by stockraider > 2017-01-13 11:05 | Report Abuse

If u build a factory Rm 200m...u depreciate 3.33%pa alot what ?

What if the factory is a white elephant ?
U do not need it, bcos like raider says they have the capacity bcos sales increase 2% in sept QTR only mah...they build bcos want to sapu wang ?

Don forget u borrow to build...lagi worse loh...!!

Then lagi big joke loh....!!

Posted by valuelurker > 2017-01-13 11:07 |

Post removed.Why?

Posted by starperformer > 2017-01-13 11:09 | Report Abuse

Andrewhlc, correct! Land lease can be renewed. If all leasehold properties in Malaysia cannot be renewed then most people will be homeless. There are more leasehold than freehold assets in Malaysia. 29 years also not enough benefit to company use? How old is stockraider by then? Gone to old folks home loh. Proved to me he is true idiot in i3! LOL

Posted by stockraider > 2017-01-13 11:09 | Report Abuse

Vodoo meh ?

The danger is real mah....!!

LETS STUDY THE SAID LAND Of HEVEA BUY LOH....!!
EXPIRY 2046.....THAT MEANS CAN PAKAI ONLY 29 YEARS, VERY SHORT LOH...!!
TANAH INI UNTUK KILANG PAPAN SAHAJA....THAT MEANS NO VALUE LOH...ONLY TIMBER BASED COMPANY CAN BUY LOH....!!
AMORTIZATION AND DEPRECIATION VERY HIGH LOH....!!

HOW DID THE OWNER KEEP IT FOR THEMSELVES, BUY CHEAP AND DID NOT PASS TO HEVEA TO BUY EARLIER IS A PUZZLE LOH ?
DON FORGET...LAND ONLY FOR "KILANG PAPAN SAHAJA"...THATS MEAN...OWNER BUY..GOT PLAN TO SELL IT TO HEVEA LOH....!!
THATS WHY WHAT THE HECK THEY BUY IF GOT RESTRICTION LEH ?

Please read the danger loh....No one can answer my question loh...!!

Posted by Andrewhlc > 2017-01-13 11:12 | Report Abuse

Land lease can be renewed for a further term of 60 or 99 years, no need you worry hahahaa

Posted by Andrewhlc > 2017-01-13 11:14 | Report Abuse

probably after 29 year i already FAN Holland hahaha..

Posted by stockraider > 2017-01-13 11:14 | Report Abuse

HOW DID THE OWNER KEEP IT FOR THEMSELVES, BUY CHEAP AND DID NOT PASS TO HEVEA TO BUY EARLIER IS A PUZZLE LOH ?
DON FORGET...LAND ONLY FOR "KILANG PAPAN SAHAJA"...THATS MEAN...OWNER BUY..GOT PLAN TO SELL IT TO HEVEA LOH....!!
THATS WHY WHAT THE HECK THEY BUY IF GOT RESTRICTION LEH ?

Please read the danger loh....No one can answer my question loh...!!

No one can answer raider loh....!!

Most likely owner panic...know cannot renew sell to Hevea loh...!!

Posted by Andrewhlc > 2017-01-13 11:24 | Report Abuse

starperformer, stockraider ini saltedfish03 lah, so kind he is here to talk 3 talk 4 hahahaa

Posted by Dolly_Chai > 2017-01-13 12:34 | Report Abuse

haha... exactly like what i said.. sxckperformer does not know what i was trying to highlight:

Hevea's peak was 1.72, at current price of 1.53, do you think there is much room to grow?

Evergreen's peak was RM1.68, at current price, there is definitely much more room to grow...

Let's see why both companies performed so well in 2015... bcoz of strong USD... in 2016, both share price went down...
And now 2017 onwards, USD becomes strong again.. but Hevea has appreciated too much, too fast, making it less attractive.. whileas Evergreen still has much room to go up...

aiyo.. i talked so many times d.. this stxpid sxckperformer still catches no ball... sigh

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


Evergreen peaked at 1.68 (11-JAN-2016) and descending to 0.735 (01-SEP-2016) and now at 0.985. It lose -41% since it peaked last year. From latest bottom price, it climbs +34% (0.735 -> 0.990).

Plz note that Evergreen is moving in downtrend ALWAYS BELOW 200-MOVING AVERAGE TREND LINE. It tried to break-out 25-OCT-2016 but FAILED & back to downtrend.


Hevea peaked at 1.72 (06-JAN-2016) and descending to 1.02 (30-Aug-2016) and now at 1.53. It lost -11% since it peaked last year. From latest bottom price, it climbs 51% (1.02 -> 1.54)

Hevea break-out on 07-OCT-2016 and entered uptrend above it's 200 MOVING AVERAGE TREND LINE ever since until today.



So, isn't the answer is darn clear already? EVERGREEN is losing and in DOWNTREND MODE while HEVEA is in UPTREND MODE. Cheak, study and see clearly. Obvious is certainty!

Posted by Andrewhlc > 2017-01-13 14:37 | Report Abuse

Dolly_Chai, after the coming quarter result come out, then we will know whether hevea will grow or not hahaha...lets wait and see.....

Posted by Dolly_Chai > 2017-01-13 15:06 | Report Abuse

ok Andrewhlc, i hope all of us make good money from Hevea and Evergreen... no right or wrong, just preference... enjoy investing

Posted by starperformer > 2017-01-13 16:25 | Report Abuse

Andrewhlc, saltedfish belongs to rubbish bin coz smelly.

Posted by starperformer > 2017-01-13 16:25 | Report Abuse

Dolly zai, a win is a win. Hevea has outperformed Evergreen for a very long time.

Posted by Multibagger > 2017-01-13 19:28 | Report Abuse

It's kind of fun reading some of the comments here at times...it may trigger some thought you may not have considered. As a minority shareholder, I am equally concern whenever there is RPT... In this case the vendor is a subsidiary director, not at Heveaboard Bhd. We have been reading about the 2 families at Hevea not in harmony and even lots of smear tactics to tarnish the image of some board members. Question..have they resolve their misunderstanding and now come to conclusion to "makan" bersama? If that is not the case, I would see there is always a check and balance being in place. How could then a obvious case of unfairness to the other shareholders including minority can happen as claimed by someone in i3 ? Just to offer another side of argument whether this is a funny transaction.

Posted by popo92 > 2017-01-14 00:07 | Report Abuse

stockraider, i am curious with the land acquisition as well but at the same time, land nearby existing factory is probably not a bad thing too. I used to have a big doubt when hevea had huge borrowings when the whole market and factors were not at their side, but hevea prove us everything with fantastic results. In 2011, they were merely a 60++million cap company with 3.3million net profit bearing a 164million borrowings. Now, they are a 700++million cap company earning roughly 70million profit.. and yet they have paid until 15.11million borrowings. I could only say that is a very impressive thing..

Posted by stockraider > 2017-01-14 11:44 | Report Abuse

Hi popo,

The latest investment confirm raider suspicion of con on hevea loh..!!

"THE ORIGINAL COST OF INVESTMENT TO THE VENDOR AND THE DATE OF SUCH
INVESTMENT
The original cost of investment on the Land to the Vendor was RM1.638 million and the Land
was acquired by the Vendor on 8 April 2010"

The owner bought the land for only....Rm 1.6m or rm 4.75 psf but sold for rm 14m or rm 40 psf loh....!!

Can u imagine making staggering return of rm 12m or 750% return on your investment ?
Of course it is perfectly alright for owner to make monies, but make monies by taking advantage of Hevea kaw...kaw...?

Why Hevea not given the opportunity to buy earlier, since the land is next to Hevea is puzzling loh ?

I know Rm 14m not big, but once dishonest start the scheme will continue loh, next to build the factory in over inflated price loh...!!

If owner, can make monies so easy by conning, how to run business well going fwd leh ?

The next thing, all hevea cash will be gone, and it will become a big net borrower loh....!

Posted by starperformer > 2017-01-15 10:26 | Report Abuse

Aiyo stockraider...why so nervous leh? Oh yes I forgot that Evergreen share price is crashing down again lol. Hevea expanding loh still have lots of cash and net cash with no gearing at all yet. Hevea's RTA segment contributes 60% revenues already & it is selling fast and need to expand quick. The meteoric rise in it's earnings are all due to particleboard and mainly RTA. That is why Hevea has surpassed Evergreen quarterly earnings loh. Look below WOW:

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%

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

Posted by stockraider > 2017-01-15 12:07 |

Post removed.Why?

Posted by Ezra_Investor > 2017-01-15 14:39 | Report Abuse

Raider, why don't you write to them to ask for answers? Isn't it better than keep speculating?
If not, at least go find out the state of the land. Is it a prime land? how useful is it to the business expansion? I'm interested in knowing too.
Who knows he has a land useful to the business and Heveapac brought it from him? What's wrong with that? It's a win-win situation.

Like my friend always says, in the Universal Declaration of Human Rights, article 11, states: "Everyone has the right to be presumed innocent until proved guilty."

I only believe a person is innocent until proven guilty.
Whatever you say is mere speculation, and can be taken to court for defamation if the owner of Hevea pursue such interest.
As a fellow investor and a friend, I advise you be careful of what you state loh, unless you are very confident.

Posted by stockraider > 2017-01-15 15:00 | Report Abuse

Ychong,

Nothing better to do meh ?
U write to them, u think they reply u meh ?

U think the conman , will reply to u...yeah...yeah...yes i con meh ?

Posted by ppfoong > 2017-01-15 15:23 | Report Abuse

Somebody very desperate to a common thing in the business world, be it among public listed companies or sdn bhd.

Just check in Bursa announcement for other counters, there are numerous cases of directors selling own properties to the PLC, or vice versa, directors buy properties from the PLC.

You can say the directors taking advantage, but hey, the directors also taken the risk of holding those properties before the transaction, and born all the cost of holding the properties.

The right question to ask is: is the price fair and reasonable, compare to market value?

If the director sell too low the price, can get into trouble also oh! Remember the LGE's bungalow case??

Posted by ppfoong > 2017-01-15 15:26 | Report Abuse

Why not earlier? Come on, Hevea's earlier financial how teruk, you forgot already ah?

Maybe the director helped Hevea to secure the land with own money, by the time Hevea was financially weak and not affortable buy it oh!

Posted by buckbunny > 2017-01-16 14:31 | Report Abuse

something wrong with this counter,,better jump ship now.not as good as what you said previously..

Posted by nich0las > 2017-01-16 14:50 | Report Abuse

ya ya, very wrong. go buy ifcamsc, top 1 software company in world. tp RM1 i think.

Posted by mysmo1 > 2017-01-16 14:53 | Report Abuse

buckbunny, i noticed that you have been calling to jump ship since september for every week(or earlier?) you hold lots of share can jump so many time ar?

Posted by yfchong > 2017-01-16 16:38 | Report Abuse

jump or no jump

Posted by nich0las > 2017-01-16 17:03 | Report Abuse

yf, this quarter div must alots. 30% of USD4.4x earnings ..... ekekeke.

Posted by buckbunny > 2017-01-16 17:10 | Report Abuse

no,i did not hold any Hevea,Close one eye buy any counter from the board is even better than buy Hevea.

Posted by buckbunny > 2017-01-16 17:12 | Report Abuse

I invest quite heavily in Inari,,top pick counter of 2017,double digit growth every year,sure dividend every counter,,once a year for bonus issue.

Posted by yfchong > 2017-01-16 18:55 | Report Abuse

bro i am expecting 1.5 dividend

Posted by stockraider > 2017-01-16 21:04 |

Post removed.Why?

Posted by yfchong > 2017-01-17 10:09 | Report Abuse

sideway now........

Posted by starperformer > 2017-01-17 13:55 | Report Abuse

A company that discloses everything about the land deals between director and Hevea is still not having integrity or dishonest? LOL what a joke! They can choose not to disclose the real price that director bought it from auction but as a matter of fact that all details are made transparently to the public. Like this also called dodgy ah? WOW.....

Stockraider tries so hard to make a case out of it. Plz try harder but always remember this:

The share price is a reflection of it's fundamentals. Hevea has NO GEARING & in NET CASH of RM 43.278m currently while Evergreen is in net debts of RM 238.501m

238.501m / 43.278m = 5.5 times

WOW Hevea holds real hard cash and Evergreen has 5.5 times the DEBTS of Hevea's cash holdings. Big difference right there. How many quarters are needed for Evergreen to earn and payback the debts? Hevea keeps adding up it's cash-pile. Interesting revelation? Haha!

Posted by yfchong > 2017-01-17 15:58 | Report Abuse

when is yr show time leh......

Posted by Evergreen5101 > 2017-01-17 16:49 | Report Abuse

starperformer...i know you bought evergreen on 2015 but it disappoint you on 2016... that why you are so furious. talk some more i will disclose your real name and ic number here...

Posted by starperformer > 2017-01-17 18:49 | Report Abuse

Bring it if u have the balls. Don't bluff & be COWARD OK! I'm waiting. Remember don't use different ID to write...very low life coward LOL

Posted by nich0las > 2017-01-18 11:18 | Report Abuse

still got chance to buy cheap. hmm..

Posted by Farge168 > 2017-01-18 11:33 | Report Abuse

yes,will slowly drop below 1.50 and lower,no way to break 1.60 unless USD exnchage rate above 4.50!