Posted by godhand > 2018-08-24 18:28 | Report Abuse

Definitely can support. This is a chance to aim for pit

Posted by laychee > 2018-08-24 18:39 | Report Abuse

It depends on Trump.

Posted by oxxxyxxx > 2018-08-24 19:40 | Report Abuse

Limit down on monday !! Only worth $0.30

Posted by TrippleZ > 2018-08-24 20:20 | Report Abuse

Cannot limit down. Because I'm buying.

Posted by omgimnoob > 2018-08-24 20:39 | Report Abuse

Let’s limit down it!

Posted by Data5000 > 2018-08-24 20:56 | Report Abuse

Please sell

Posted by chtheng > 2018-08-24 21:08 | Report Abuse

sell?

Posted by flytothemoon > 2018-08-24 22:23 | Report Abuse

I didn't hold hevea for 1 year already, but what's wrong with this company, revenue and profit keep falling

Posted by Patrick13 > 2018-08-24 23:32 | Report Abuse

Some key points:

Particleboard division - market sentiment is not good and competitors also expand capacity.

RTA divison - I trust that labour shortage issue been solved but again, they need to be trained for the operation. It may affect their production efficiency and productivity. Hopefully the automation process can help to improve cost optimization

Through USD is strengthening now against RM but it cant fully offset higher raw material costs and revised electricity hike in the 2nd half of this year, and possible revised minimum wages in the next year (assuming they have 2,200 to 2,400 FW, what is the impact of RM1.500 basic pay compared to existing now?)

I think FY2018 would be very challenging for them but FY2019 should be better performance year.

Posted by saltedfish > 2018-08-24 23:50 | Report Abuse

Monday easily can see 15 sen discount from 0.87

Posted by saltedfish > 2018-08-24 23:51 | Report Abuse

Revenue off 30%, PAT off 75% qoq.....die standing for the next few months

Posted by saltedfish > 2018-08-24 23:53 | Report Abuse

Robertl said last time- the accounting is fishy..... same tactic like Najib, come to think about it....how can a company used to made $100m pa now only made pittance?

Posted by saltedfish > 2018-08-25 00:07 | Report Abuse

Both Particleboard and RTA claimed unfavorable USD/RM as the main reason for the poor performance....

At 4.10 exchange rate Hevea still can’t make money. This will be very dangerous going forward as hevea is ‘addicted’ to strong USD to be able to make good money

Posted by saltedfish > 2018-08-25 00:09 | Report Abuse

Any reversal to a weakening USD will certainly bleed Hevea like hemorrhoid....

Posted by KLCI King > 2018-08-25 01:58 | Report Abuse

The result is like the saltedfish, dead saltedly.

Posted by KLCI King > 2018-08-25 02:00 | Report Abuse

hengyuang got 3iii while this forum got saltedfish, these 2 members always stayed where they are...... hope other members live long enough to see.

Posted by Patrick13 > 2018-08-25 09:49 | Report Abuse

People can cross reference to Evergreen Fibreboard QR result. They mentioned that production cost is expected to be lower by falling log and glue prices.
Both Hevea and Evergreen also highlighted that Particleboard industry is quite competitive with new capacities, coupled with uncertainty from trade war.

Posted by 哭包祥 > 2018-08-25 14:48 | Report Abuse

CONGRATULATIONS

Posted by yfchong > 2018-08-25 17:56 | Report Abuse

Monday blood bath.....

Posted by shortinvestor77 > 2018-08-25 18:48 | Report Abuse

Gap down!

Posted by PotentialGhost > 2018-08-25 20:55 | Report Abuse

Salted fish is back , salted fish will burn hevea company and plant soon

Posted by joeylee2013 > 2018-08-25 22:50 | Report Abuse

Dont mess with salted fish

Posted by yfchong > 2018-08-26 07:42 | Report Abuse

3 q are poor

Posted by Data5000 > 2018-08-26 09:16 | Report Abuse

Waiting 2019 , next quarter also no good

Posted by shortinvestor77 > 2018-08-26 14:26 | Report Abuse

Posted by PotentialGhost > Aug 25, 2018 08:55 PM | Report Abuse

Salted fish is back , salted fish will burn hevea company and plant soon

Salted fish is a dead fish. So just ignore its existence.

Posted by shortinvestor77 > 2018-08-26 14:27 | Report Abuse

DualShock, prepare your cash rich pocket to sapu on Monday lah! Don't just talk, just do it!

Posted by omgimnoob > 2018-08-26 17:52 | Report Abuse

Let’s see how low can I reach, hope Dual shock and Paul don’t defend too much. I hope to get like 60 cents 70 cents... am I too greedy ?

Posted by flytothemoon > 2018-08-26 19:13 | Report Abuse

saltedfish can't do anything, only the QR and director can, unfortunately, Hevea did bad since last year

Posted by saltedfish > 2018-08-26 19:13 | Report Abuse

Robertl will post an article on Hevea soon....expect 60 plus sen

Posted by Cockroach Paul Lee > 2018-08-26 21:05 | Report Abuse

haha ..... yes the result not very good. monday down....
lose Q2 but dont lose hope !!!
monday wear helmet ,bulletproof vest......take cover.....incoming missile.....
hide inside bunker ! defend for a week!
(i guess most people saw great opportunity in Hevea, if not they wont appeal here..,to buy low)
courage n patience ! same tp 1.50 !.... but definitely not in 2018...ha ha ha

Posted by JustAnAmateur > 2018-08-26 21:06 | Report Abuse

0.61 limit down tmr

Posted by apolloang > 2018-08-26 21:12 | Report Abuse

1st target 80cts,if broken 75cts another support is 70cts.don't think will down till 61cts tomoro

Posted by cyeec2000 > 2018-08-26 21:15 | Report Abuse

I am hopefully can buy more at rm0.60..

Posted by Cockroach Paul Lee > 2018-08-26 21:40 | Report Abuse

@Captain DS
i cant do anything at the moment... dont worry
i have some Ayam Brand sardinfish n Roti here can survive for a week. lol
nap eat sleep play candy crush in the bunker

Posted by flytothemoon > 2018-08-26 22:54 | Report Abuse

current PE ratio16.76, too high, think 0.7 is reasonable price..

Posted by joeylee2013 > 2018-08-26 23:15 | Report Abuse

Risk-to-Reward ratio is too high after reading the detailed accounting and notes.

Posted by ocpd > 2018-08-27 08:49 | Report Abuse

Looks like among all the furniture counters, only Liihen can sustain revenue growth in terms of USD, the rest all cialat!

Posted by godhand > 2018-08-27 09:11 | Report Abuse

12 pe reasonable ba. but after minus the netcash.

Posted by Patrick13 > 2018-08-27 09:18 | Report Abuse

Different martket segment and products sold.
Liihen's 90% export to US while Hevea main market are China and Japan.

ocpd Looks like among all the furniture counters, only Liihen can sustain revenue growth in terms of USD, the rest all cialat!
27/08/2018 08:49

Posted by Data5000 > 2018-08-27 09:39 | Report Abuse

Now don't buy, waiting 2019

Posted by Patrick13 > 2018-08-27 12:02 | Report Abuse

Bought back at 0.84.

Posted by omgimnoob > 2018-08-27 12:07 | Report Abuse

2019 the price might not be 70-90 cents

Posted by Patrick13 > 2018-08-27 13:17 | Report Abuse

@ DualShock If Hevea still making disappointing results for the next few quarters, I will chop Hevea MD kuku Bird for the coming AGM.

Mark my word.

Posted by Cockroach Paul Lee > 2018-08-27 16:16 | Report Abuse

estimate coming Hevea dps is 56sen.... bought in 0.80 ... dy is 7%.
use OD 5% bought in , earn 7% dividends.....still got net profit 2% .
if drop to 0.70 dy is 8%...
if drop kaolat kaolat 0.56....dy 10%.......wah....buy n keep long long
this battle can fight leh......
reload ammo ......
standby mood ......
counter attack.....
waiting permission to fire....
lol

Posted by Data5000 > 2018-08-27 18:44 | Report Abuse

Next quarter also lose money

Posted by Cockroach Paul Lee > 2018-08-27 20:20 | Report Abuse

ok, here another story...
Warren Buffett and his sifu Philip Fisher have the same practise :
" find cheap n undervalue company."
" management can bring its own product to the world."
" the cost of its product must cheap too "(which mean can bring more profit/competitive)

so look at Hevea now....... cheap! offer ! undervalue! .... potential.... mushroom for everyone....cheap cheap !!!

Posted by Dylan Yong Hua Tai > 2018-08-27 20:56 | Report Abuse

Poor QR but the stock price so stable, something happening internally ? Anyone got leak info to share?

Posted by loonginv > 2018-08-27 21:19 | Report Abuse

1. mushroom start harvest only in June
2. labors shortage problem resolved
mean brighter future ahead
please pray harder for stronger USD, kikikiki

Posted by Cockroach Paul Lee > 2018-08-27 21:23 | Report Abuse

hi Dylan ,
Hevea Q2 cash position :
cash in bank 43m
investment : 41m (will bring more income to company)
bought property 15m , mushroom capex 0.5m , dividends pay out 8.9m.
next quarter can see mushroom revenue. plus RTA sales increase.
coming Q3 sure got forex gain.
company dividends policy didnt change.
good for long term investors
good luck

Posted by omgimnoob > 2018-08-27 22:11 | Report Abuse

Please stop promoting guys, it’s bad quarter right?