Posted by sengkee > 2020-04-29 20:06 | Report Abuse

Low oil price will also reduce the cost of the "glue" used by board producers like Hevea & Evergreen.. which is about 60% from their production cost, as stated in the news link below.

https://klse.i3investor.com/m/blog/sinchew_company_story/225678.jsp

Posted by Citadel12 > 2020-04-29 20:10 | Report Abuse

reduce cost so what, got demand meh

Posted by yfchong > 2020-05-02 08:12 | Report Abuse

Back to normal

Posted by steveninvest > 2020-05-06 11:04 | Report Abuse

Time to rise, buy buy buy.
USD keep on rising benefit company.

Posted by yakuza > 2020-05-06 11:06 | Report Abuse

more to come~

Posted by Kon Lim Chai > 2020-05-06 18:47 | Report Abuse

bye bye or buy buy?

Posted by OneSmallStep > 2020-05-06 21:33 | Report Abuse

Buy and keep...consistent dividend..at this price, more than 10%

Posted by Kon Lim Chai > 2020-05-09 20:22 | Report Abuse

From 25 sen to 39 sen plus 1 sen dividend. Is this not a meaningful movement before profitability improvement has been seen? i remember someone commented any movement upward wont be meaningful until improvement in profits. having bought in some at 30 sen, i have no regret now.

Posted by yaptc8 > 2020-05-10 09:18 | Report Abuse

After MCO sure fly

Posted by sengkee > 2020-05-15 12:30 | Report Abuse

Why still low? Profit making company with dividend

Posted by ddd ccc > 2020-05-15 18:11 | Report Abuse

why looses? How to know?

Posted by Kon Lim Chai > 2020-05-16 17:37 | Report Abuse

@sense maker. so are u going to unload all?

Posted by Junx > 2020-05-19 10:14 | Report Abuse

Why would the price may go lower after Q2’s announcement?

Posted by Kon Lim Chai > 2020-05-19 19:33 | Report Abuse

In latest annual report, Hevea highlighted they have been paying quarterly dividend without intteruption for 21 quarters, a good record i think Hevea is proud to uphold. Balance sheet shows high cash bal after bank loan about RM110 million. This support dividend payment of 4 sen per yr for 4 yrs. In addition a major source of cash flow from depreciation about RM25 million per yr. A review of past cash flow statement will prove this.

Posted by Kon Lim Chai > 2020-05-19 19:36 | Report Abuse

So even if operation is non profitable for 1 or 2 quarters, there will be dividend to maintain the proud dividend record.

Posted by sengkee > 2020-05-20 14:06 | Report Abuse

50sen coming? Kasi limit up 1 kali lah

Posted by ddd ccc > 2020-05-21 08:09 | Report Abuse

Yes....hari ni lah :)

Posted by sengkee > 2020-06-03 13:24 | Report Abuse

Anytime will explode? Seen huge buying interest on this stock today.

Posted by sengkee > 2020-06-04 13:54 | Report Abuse

Such a good company, but why can't move? Particleboard, fiberboard, chipboard businesses should be back to full operation after the MCO is lifted.

Posted by jojo85 > 2020-06-09 07:32 | Report Abuse

Can i jump in?..candle looks good..

Posted by ddd ccc > 2020-06-09 13:36 | Report Abuse

Finally move...sold at 0.42

Posted by Knownfact > 2020-06-09 15:28 | Report Abuse

I agree with sense maker. They are still delaying the 1st Q results and the 2nd Q results to be announced in August can't be good. The earliest possible recovery will only come after that.

Fundamentally, I'm more worry about the focus of the company. How much effort are they putting into the mushroom business? Revenue from that sector is only 800+K p.a.. Less than 0.2% of the overall revenue. Not even enough to pay the directors' fees.

Earning per share was down from 30 sens in 2015 to a mere 2.5 sens in 2019 and they are still concentrating on the same cost saving efforts.

They are sitting on a huge cash pile but still dividend cut seems to be imminent.

Posted by Kon Lim Chai > 2020-06-09 18:13 | Report Abuse

take a look at P&O. you will notice that the company paid dividends 5 times a year for at least past 5 years when corporate earnings were much worse than Hevea. Hevea,with non cash expense from depreciation about RM25 million p.a., plus net cash balance more than RM118 million, dividend pmt of 4 sen seems sustainable. total number if shares x 0.04 = less than non cash expense of RM25 million.

Posted by Kon Lim Chai > 2020-06-09 18:16 | Report Abuse

In its AR, Hevea was proud to mention that it has paid 21 quarters of dividend consecutively. I am inclined to believe, quarterly pmt will continue.

Posted by Knownfact > 2020-06-10 10:22 | Report Abuse

Kon, I know where you are coming from, taking into consideration of depreciation, the company still have a net positive cash flow after dividend. However, I think the company will take the opportunity to reduce the dividend for the coming year. This happened to Pintaras Jaya, an excellent dividend paying company.

Posted by sengkee > 2020-06-10 10:39 | Report Abuse

Any chance to hit 50 sen this week?

Posted by sengkee > 2020-06-10 10:42 | Report Abuse

Hevea Particleboard, Mieco Chipboard & Evergreen Fibreboard....What else?

Posted by SC > 2020-06-10 12:25 | Report Abuse

anyone can share the what has been disc cussed in the AGM?

Posted by Solomon7 > 2020-06-10 13:37 | Report Abuse

Volume building up...

Posted by Kon Lim Chai > 2020-06-10 17:13 | Report Abuse

glad to see price up 2.5 sen. hope to see further progress!

Posted by Knownfact > 2020-06-11 10:04 | Report Abuse

I was waiting for the email of approval to attend the AGM. Nothing came through. Both PBB & Maybank can get me in! did anyone manage to attend?

Sense maker, I'm equally eager to get some insight of the recent MCO impact from the Q results but disappointed too.

Kon, happy to see some price advancement. further progress? where are the catalysts?

Posted by Kon Lim Chai > 2020-06-14 23:23 | Report Abuse

catalyst? i think it is undervalued. that's all.

Posted by WhiteWolf > 2020-06-19 07:56 | Report Abuse

Anyone attended the AGM? Any updates?

Posted by yfchong > 2020-06-23 19:03 | Report Abuse

Die tomorrow..

Posted by kankung > 2020-06-23 23:39 | Report Abuse

Ex date tomorrow

Posted by nich0las > 2020-06-24 00:01 | Report Abuse

All company making loss, Hevea still got profit!!!!! WoW! Other income added. Good job Hevea. Kiss, kiss.

Posted by alant812 > 2020-06-24 07:32 | Report Abuse

annoncement of q result and today is ex date of div. very clever move

Posted by PlayStation > 2020-06-24 11:03 | Report Abuse

Not bad Q1 considering all those factors - China Zombie town in Q1 then South Korea strict social restriction plus Msia MCO started in March. Softer demand from Japan due to Zombie virus mood.

Everyone is awared off Q2 - Zombie Virus plus lockdown globally, more importantly 2H recovery so far will continue to improve due to no widespread of Zombie Virus in the countries served by Hevea such as China, South Korea & Japan.

Economy reopened since May. Waiting any weakness to top up.. Dividend is seemed sustainable moving forwards and it also seemed company is quite generous to distribute Dividend.

Posted by Raymondlol > 2020-06-24 15:33 | Report Abuse

Bought today, mis the dividen.paid, sad

Posted by Knownfact > 2020-06-24 16:06 | Report Abuse

PlayStation, how you get the impression that the dividend is sustainable? I do agree that the company is quite generous to distribute dividend

Posted by MaYun > 2020-06-25 22:03 | Report Abuse

ha ha ha .... HLG also give PBB 15+ and her own bank HLBank 15+ too,and initially she almost over took PBB, but 路遥知马力。。。

Posted by sasword > 2020-06-29 13:40 | Report Abuse

Donation from water fish more sustainable than dividend.

Posted by Muz Je > 2020-07-01 23:28 | Report Abuse

Volume fresh today. Hope continue uptrend

Posted by changyl > 2020-07-02 09:04 | Report Abuse

Work From Home theme... upgrade home furniture!

Posted by lksiam > 2020-07-02 16:13 | Report Abuse

Wow, engine finally started

Posted by joe79 > 2020-07-02 16:14 | Report Abuse

hold for almost 3 years.
clear position today.
thanks hevea.

Posted by Kon Lim Chai > 2020-07-02 17:33 | Report Abuse

tomorrow limit up

Posted by Muz Je > 2020-07-02 18:02 | Report Abuse

clear position as well. hold 1 day

Posted by OneSmallStep > 2020-07-02 18:23 | Report Abuse

Congrats

Posted by Kon Lim Chai > 2020-07-02 21:39 | Report Abuse

limit up price 75 sen=NTA