Posted by Dave Jet > 2017-05-23 17:50 | Report Abuse

Good

Posted by Lee Yih Yeong > 2017-05-23 17:50 | Report Abuse

good job shareholders

Posted by ahson > 2017-05-23 17:51 | Report Abuse

but this qr no dividend

Posted by Lee Yih Yeong > 2017-05-23 17:53 | Report Abuse

div already show 0.25

Posted by nich0las > 2017-05-23 17:53 | Report Abuse

is ok. the div save for open more production. keke

Posted by Lee Yih Yeong > 2017-05-23 17:57 | Report Abuse

using in mushroom rnd

Posted by nocindycat > 2017-05-23 17:57 | Report Abuse

don worry about cash, they pay their suppliers earlier and let their debtors owe them = meaning higher margin, this cash flow will be coming back next 2 quarters

Posted by Dave Jet > 2017-05-23 18:01 | Report Abuse

Specter is a not bad guy.

Posted by ginvin > 2017-05-23 18:04 | Report Abuse

ok... has to admit is good qr, with coming new biz diversification.... lucky i keep :D

Posted by SC > 2017-05-23 18:05 | Report Abuse

i saw the debt getting lower, perhaps cash was used to repay it... anyway good q

Posted by dxmovie > 2017-05-23 18:16 | Report Abuse

Lets see if tomorrow will fly

Posted by Solo > 2017-05-23 18:46 | Report Abuse

sure maintain.
Share always like that :(

Posted by darksoul > 2017-05-23 18:50 | Report Abuse

Good results... haha

Posted by nikicheong > 2017-05-23 18:50 | Report Abuse

Guys, keep in mind for Q2 2017:

1) According to Kenanga Research, third production line with +15% production for fibreboard comes online

2) In Q2 2016, production line had to be shut down for fibreboard due to emergency maintenance works

So, barring and unforseeable disasters, Q2 2017 will be a sure improvement as well. Also much higher avg USD this time vs one year ago.

Then by Q1 2018 we should see additional RTA facilities come aboard, and sometime in 2018 the mushroom business should start seeing some returns.

So all around...this is a good counter to keep, as long as there are no major industry-wide or macroeconomic headwinds.

Posted by Solo > 2017-05-23 18:57 | Report Abuse

PE ratio seems high, Hahaha
Go next for Poh Huat

Posted by nikicheong > 2017-05-23 19:11 | Report Abuse

Lol, P/E ratio means nothing. Have you seen the margins that Hevea commands? They generally have similar ROE and P/BV. So both seem compelling enough looking at basic datapoints.

Posted by wan7075 > 2017-05-23 19:13 | Report Abuse

result not as good as expected. may drop

Posted by nikicheong > 2017-05-23 19:14 | Report Abuse

The only problem is the dilution from warrant exercises at such a low price of RM0.25. We should be at the end of warrant dilution right? Most are done, correct?

Posted by free2invest > 2017-05-23 19:17 | Report Abuse

Good result

Posted by nikicheong > 2017-05-23 19:28 | Report Abuse

Lol not as good as expected? How so?

Posted by darksoul > 2017-05-23 19:31 | Report Abuse

2moro will drop?

Posted by cjlim > 2017-05-23 19:43 | Report Abuse

Confirm FY17 will better than FY16.

Posted by nikicheong > 2017-05-23 19:46 | Report Abuse

I don't foresee how it can drop. Book value per share decreased by one cent due to warrant dilution. Going forward, we should be seeing increasing bv/share. Book value itself increased though. Balance sheet looks very healthy. They have very little liabilities...you can even say they're not making full use of leveraging the business. It's possible they may be lining up an acquisition. Who knows.

Posted by ShareRich > 2017-05-23 20:12 | Report Abuse

If price doesn't go back to 1.40 level,I'll be very disappointed

Posted by shyityng > 2017-05-23 20:17 | Report Abuse

Result is good. If drop cn top up...

Posted by specter > 2017-05-23 20:31 | Report Abuse

I've already known from my ground info collection ahead of Q1 report. To me, profit margins

Posted by specter > 2017-05-23 20:37 | Report Abuse

Always remember when u invest into a growth company like Hevea, try to speculate if the next few quarters combined are going to make more profit or not. That way, u can be sure that the share price will rally because of consecutive qincreased quarter profits or y-o-y comparison results.

Posted by Andrewhlc > 2017-05-23 20:37 | Report Abuse

Revenue has been increased to the highest level,this meant the management is doing efficiency job. since the company has diversifying it businesses, this will bring further grow for the company. i believe it stock price will be getting better from year by year..

Posted by specter > 2017-05-23 21:05 | Report Abuse

Net profit margin hits 16% in latest Q1. It's RTA furniture segment still contributed an increased 61.8% revenues breakdown mainly to Japan. I expect this RTA segment will continue to rise further due to Olympic to be held in Japan

Posted by shortinvestor77 > 2017-05-23 21:15 | Report Abuse

First interim div only announced in August (around 26). No worry. Result is surely good.

Posted by shortinvestor77 > 2017-05-23 21:16 | Report Abuse

All bad mouths (such as ikan masin) are going to jump into sea!

Posted by specter > 2017-05-23 21:17 | Report Abuse

The Japanese economy has finally exit from deflation & entering growth steadily. They will import more from Hevea. Check these:

http://news.sky.com/story/land-of-rising-sun-rises-again-japanese-economy-on-the-up-10882759

http://mobile.reuters.com/article/idUSKCN18E00V

http://www.channelnewsasia.com/news/business/japan-s-economy-posts-longest-expansion-in-a-decade-8859698

Posted by popo92 > 2017-05-23 21:50 | Report Abuse

good results..

Posted by ShareRich > 2017-05-23 22:22 | Report Abuse

Profit continue to increase from quarter to quarter,if price still don't go up,I have no words!!

Posted by LionKingKong > 2017-05-23 22:25 | Report Abuse

Good result and dividend, but EPS has not much improvement (5%) YOY due to dilution

Posted by nikicheong > 2017-05-23 23:44 | Report Abuse

Can someone PLEASE confirm dilution will end soon? How many warrants were on offer, and how many remain? Surely, not all will get exercised right?

Posted by jazzlee > 2017-05-24 00:41 | Report Abuse

Balance Warrent : 29,958,674

Posted by Ryan88 > 2017-05-24 00:48 | Report Abuse

Liihen good also

export counters perform steady in this Goreng Goreng 2017

Posted by Ryan88 > 2017-05-24 00:48 | Report Abuse

next will be Pohuat. buy low now b4 surge

Posted by Dylan Yong Hua Tai > 2017-05-24 07:51 | Report Abuse

By estimate annual EPS of 4.5 x 4= 18cents, with dividend policy of 30% = 5.4cents. By normalize to div yield of 3.5% (as similar to bank) then 1.54 will be the fair value with PE ratio of 8.56. Hopefully Japan's 2020 Oplympic will help to boots up the revenue in next 2 years.

Posted by nikicheong > 2017-05-24 08:39 | Report Abuse

Dylan you can't extrapolate by that way. EPS in Q2 and Q3 will almost certainly be lower due to seasonal factors.

Posted by specter > 2017-05-24 08:51 | Report Abuse

RTA furniture is Hevea's largest revenue contributor with over 60% (improved +61.8% further to be exact) or revenues breakdown and Japan remains to be its largest export destination followed by Aus & EU.

Japanese spending will improve further due to its economy entering into gradual growth phase after a decade of deflation and this would boost more importation of Hevea's Krea Kids eco-friendly products. If u are a smart businessman, this is the kind of target market that u want to export into (an improving economy) with spending power because of upside growth projection.

Posted by specter > 2017-05-24 08:55 | Report Abuse

Ryan88, pohuat buys most of its furniture-making materials "particleboard" mainly from Mieco in order to make its own branded furniture. U should be more bullish on Mieco instead and I believe there may be M&A involving Mieco in the near term.

Posted by specter > 2017-05-24 08:59 | Report Abuse

Major players have accumulated a lot of Hevea's shares in the past few weeks. Now the small players will compete and consequently driving up Hevea's share price eventually.

Posted by ahson > 2017-05-24 09:09 | Report Abuse

see people keep throwing @ 1.42... duno why

Posted by Farge168 > 2017-05-24 09:12 | Report Abuse

Start buying agressively,bro& sis!It's going to fly any time from now!BUY!BUY!BUY!

Posted by DaitoRyu > 2017-05-24 09:18 | Report Abuse

Hevea is now worth around around 1.65, with the dividend etc this is a no brainer, well worth a buy.

Posted by specter > 2017-05-24 09:19 | Report Abuse

Many people loaded the most at 1.37-1.39 on 18/05/2017 so u should know how to play it

Posted by specter > 2017-05-24 09:23 | Report Abuse

I see plenty of opportunities to buy cheaper in short term so I'm not in a hurry to load more now. Stick to ur plans.

Posted by Farge168 > 2017-05-24 09:29 | Report Abuse

It should fly now,why not?We waited for the quater report and it turned out good,so good results must be reflected in the share price sooner or later,right?So start buying,don't wait and miss the opportunity.