Posted by godhand > 2017-09-13 10:30 | Report Abuse

Also need ppl dumb enuf to sell only they can pull of this trick

Posted by specter > 2017-09-13 12:17 | Report Abuse

The lower the better :) Hevea's top line may grow but bottom line may be affected slightly as hinted by MD Yoong in latest interview

Posted by godhand > 2017-09-14 09:40 | Report Abuse

this price is already discounted. for such a solid company i doubt it will drop. give up la specter.

Posted by shortinvestor77 > 2017-09-14 09:49 | Report Abuse

wait for 2018.

Posted by john doe > 2017-09-14 09:55 | Report Abuse

Highlights From HL investment research:

We walked away from our small group meeting with HeveaBoard’s management feeling encouraged about the group’s near-term prospects.

Room for price adjustment… HeveaBoard currently exports circa 50% of its particleboard output to China. Management highlighted that there is room to raise its ASPs for particleboards to China, given the recent strengthening of yuan against US$. Besides, HeveaBoard is constantly working towards producing higher profit margin particleboard; it is one of the first two players in the market to introduce Non-Added Formaldehyde (NAF) Board, which will enable it to generate attractive profitability.

Better margin for RTA furniture… The new ready-to assemble (RTA) furniture plant has completed and started its trial production last week with earnings delivery expected by early FY18. This plant focuses mainly on veneer-based RTA furniture which is able to generate higher profit margin.

Tokyo 2020 acts as another catalyst… We believe there will be an increase in RTA sales by end-FY18 riding on preparation for Tokyo 2020 Olympics. Historically, sales volume growth tends to be higher 1-2 years before global sports events i.e. in FY14 for Rio 2016.

Cultivation of King Oyster Mushroom s by Jan-18… Heveagro will be able to harvest 3 tonnes of mushrooms per day. The company is looking to sell these mushrooms at around RM10/kg, a competitive price compared to the current market price of circa RM20/kg.

*1 tonne = 1000kg = RM10k. Production value of RM30k/day. I believe the cost (mainly labor cost) is very low and thus high margin.

Posted by Yipi > 2017-09-14 10:04 | Report Abuse

will up soon

Posted by Beza > 2017-09-14 10:07 | Report Abuse

Wait and see at 2018.

Posted by warren22 > 2017-09-14 10:12 | Report Abuse

epf bought enough? report support

Posted by Yipi > 2017-09-14 10:19 | Report Abuse

Should be, now support by report to push up

Posted by yfchong > 2017-09-14 10:20 | Report Abuse

keep lah...... yum seng

Posted by Cornerstone > 2017-09-14 11:09 | Report Abuse

lai liao.....

Posted by Yipi > 2017-09-14 12:02 | Report Abuse

lai liao... 2nd round

Posted by flytothemoon > 2017-09-14 16:40 | Report Abuse

heading back to RM2

Posted by nikicheong > 2017-09-14 18:47 | Report Abuse

I like this game. Now management realizing they screw up (or was it on purpose?) call HLIB for a meeting to push the price back up. They give info that RTA expansion line completed, China ASP can be raised due to stronger Yuan, etc.

Good thing. Nice game. We may head back to RM1.70 (if there is support from the FX also).

Posted by Yipi > 2017-09-14 18:59 | Report Abuse

亿维雅（HEVEABOARD）——丰隆维持“买入”的4个原因

丰隆投资银行研究（HLIB Research，以下简称“HLIB”）在9月14日发出了一份关于亿维雅（HeveaBoard）这家马来西亚刨花板生产商的报告。其研究团队在与公司的管理层会面之后，认为公司的短期前景令人鼓舞。

HLIB提出了以下四个关于亿维雅的利好因素：

一、平均售价可能提高

目前，公司生产的刨花板约一半是出口至中国。其管理层表示，基于近来人民币兑美元上涨，公司应能够调高销售至中国的刨花板的平均售价（ASP）。

二、组装家具可取得的利润将提高

公司的新组装家俱（RTA）工厂已经落成，并于上个星期开始试产，预计新厂房将在FY18年初开始带来利润。这座厂房主要将生产单板（veneer-based）家俱，利润率较高。

三、东京奥运会可能会使销量增加

HLIB认为，2020年的东京奥运会可能会使公司组装家俱的销量在FY18增加。以过往的情况来看，在全球体育赛事举行的一至两年前，其销量增长都较高。

四、以具竞争力的价格销售杏鲍菇

公司正在发展种植杏鲍菇的业务，预计它每天将能采收三公吨的杏鲍菇。公司打算以每公斤约10令吉的价格出售杏鲍菇，远低于目前每公斤20令吉的市价。


HLIB也在报告中指出，若公司产品的平均售价保持不变，令吉兑美元每上涨10仙，其盈利就会减少11%。由此看来，公司的确可能会调整其产品的售价。

HLIB维持其给予公司的“买入”（Buy）评级和2.19令吉的目标价。它认为，公司的优点在于其财务状况良好（截至2017年3月31日，每股净现金为10.32仙）、派发的股息多（FY16的派息比率为45%）以及公司持续创造出利润率较高的产品。

Posted by Yipi > 2017-09-14 19:52 | Report Abuse

EPF bought in again

Posted by lordng94 > 2017-09-14 19:55 | Report Abuse

Both EPF and HL have no choice, cover their each other ass.

Posted by lordng94 > 2017-09-14 19:55 | Report Abuse

Two faces Management, beware of this kind of company. Stock Raider is definitely right

Posted by lordng94 > 2017-09-14 20:12 | Report Abuse

USD has continue weakened for past few weeks, why HL research team ignoring the fact? Secondly, why Hevea needs to sell mushroom at lower than market price?This will lead to cut throat battle.

Posted by meistsk3134 > 2017-09-14 20:16 | Report Abuse

is a share. they can push up or down with illogical mind. epf buy and ikan bilis folllow, when epf sold, ikan bilis trap inside

Posted by lordng94 > 2017-09-14 20:28 | Report Abuse

Damage had been done, why we need to put our hard earned money into this kind of company?

Posted by john doe > 2017-09-14 20:40 | Report Abuse

"HLIB也在报告中指出，若公司产品的平均售价保持不变，令吉兑美元每上涨10仙，其盈利就会减少11%。由此看来，公司的确可能会调整其产品的售价。"

For a worse management, pls refers to Willow... lol

Research report 2015 from MARDI:
"The demand for mushrooms is increasing every year. However, the domestic production is unable to meet the demand. Thus, Malaysia has to import more than five tons of fresh and dried mushrooms yearly since 2009. The import increases every year and has reached more than 10 million tons in 2012, driven by higher demand from domestic market. Malaysia imports 2.71 million tons of fresh mushrooms valued at more than USD1.55 million.

The demand for mushrooms in Malaysia is projected to increase in line with the increase in population and consumption per capita due to their concerns towards health and other benefits. The demand is estimated to increase from 15,000 metric tons in 2010 to around 67,000 metric tons in 2020. Higher demand is expected for all three categories: the fresh, dried and mushroom-based products. Fresh oyster mushrooms are highly demanded by end users, while the shitake and button mushrooms are popular varieties for institutional consumers, especially hotels."

Posted by simonc > 2017-09-14 22:47 | Report Abuse

http://www.theedgemarkets.com/article/wall-st-drops-cpi-data-boosts-dec-rate-hike-odds

more FED rate hike means stronger USD means better for Hevea FX

Posted by Patrick13 > 2017-09-15 08:41 | Report Abuse

http://www.theedgemarkets.com/article/north-korea-fires-missile-over-japan-lands-far-out-pacific

Posted by Yipi > 2017-09-15 09:03 | Report Abuse

outperform Hevea maybe no impact by north korea.. hahha

Posted by flytothemoon > 2017-09-15 09:10 | Report Abuse

+0.05, uptrend

Posted by Patrick13 > 2017-09-15 09:11 | Report Abuse

A bit surprise. Push up so fast than I expected.

Posted by Yipi > 2017-09-15 09:13 | Report Abuse

good move actually... next week dividend coming... maybe ppl join last boat

Posted by nich0las > 2017-09-15 09:27 | Report Abuse

https://www.klsescreener.com/v2/news/view/281027/%E4%BA%BF%E7%BB%B4%E9%9B%85-%E5%A5%A5%E8%BF%90%E5%88%BA%E6%BF%80%E7%BB%84%E8%A3%85%E5%AE%B6%E5%85%B7

Posted by 5505 > 2017-09-15 10:07 | Report Abuse

lordng, they are selling their mushroom at a lower price because currently this kind of mushrooms are fully imported from China I think many had mentioned this previously. its not a cut throat battle.

Posted by godhand > 2017-09-15 10:11 | Report Abuse

we all know dnex is good. but its a 1 ringgit thing at 1.50 ringgit price

Posted by Yipi > 2017-09-15 11:51 | Report Abuse

Dnex...haha.. mother censof like shit....
U should promote dnex at ur own blog not here

Posted by nikicheong > 2017-09-15 20:18 | Report Abuse

Maybe someone report to SC. MD badmouth his on company, EPF start accumulating at 1.48, MD then gives positive information to HLIB. Seems like a rigged game.

Posted by choochen > 2017-09-16 17:35 | Report Abuse

EPF在截至2017年3月31日的财报30大股东名单持股约1000万股。经过过去半年来持续的买进，才来到目前的约2900多万股。绝对不是这个月初MD的不利访谈，才累计到这个股数的。

Posted by Yipi > 2017-09-17 08:45 | Report Abuse

Waiting tml to see how it move. Last Friday many collect at 1.62

Posted by flytothemoon > 2017-09-18 16:40 | Report Abuse

last 2 days to grab before dividend

Posted by Save > 2017-09-19 03:16 | Report Abuse

Historically hevea share price drop after ex-date. Would it be different this time?

Posted by yfchong > 2017-09-19 11:57 | Report Abuse

no fly......no launching power....

Posted by free2invest > 2017-09-19 13:48 | Report Abuse

HLIB might have dumped Heveaboard and gone to Lii Hen.

http://www.thestar.com.my/business/business-news/2017/09/19/lii-hen-jumps-to-record-high-after-hlib-research-starts-coverage/

Posted by meistsk3134 > 2017-09-19 23:12 | Report Abuse

No wonder liihen jumping

Posted by imlearning > 2017-09-20 09:30 | Report Abuse

no eyes see...what a pity counter

Posted by Superb99 > 2017-09-20 12:14 | Report Abuse

the boss told others that his company won't do well.....so silly....doing charity ar....go and open welfare centre la....wtf....good company but facing price pressure

Posted by godhand > 2017-09-20 14:28 | Report Abuse

he didnt say wont do well. he said its a challenge to do well and a challenge to see growth in the bottom line

Posted by nich0las > 2017-09-20 15:50 | Report Abuse

Hoseh~!

Posted by john doe > 2017-09-20 16:19 | Report Abuse

So much warrants being exercised.

Posted by Cornerstone > 2017-09-20 16:21 | Report Abuse

go go go!!!

Posted by godhand > 2017-09-20 16:54 | Report Abuse

if tomorrow sell entitle dividend?

Posted by Moon > 2017-09-20 16:58 | Report Abuse

when is the dividend payment date?

Posted by nich0las > 2017-09-20 17:22 | Report Abuse

Sure la godhand. today ex liao ma.

Posted by nich0las > 2017-09-20 17:23 | Report Abuse

09 Oct 2017 payment date, http://klse.i3investor.com/entitlement/5095/24-Aug-2017/17908_2974334576.jsp