Posted by Sean Eng Kwong Howe > 2020-11-26 01:29 | Report Abuse

windfall tax?

Posted by Kon Lim Chai > 2020-11-26 07:42 | Report Abuse

This is the best quarterly profit since 31/12/2017.

Posted by wehcant > 2020-11-26 12:07 | Report Abuse

Best QR but price cannot go up.

Posted by PlayStation > 2020-11-26 14:07 | Report Abuse

Relax.. just be patient.. allow market to adjust first.. QoQ will continue to shine..
Can not wait sell then pass to those who can wait and willing to reload more on weakness..

HLG also amended their TP from 48c to 83c now. Bcoz above expectation.
Ha.. ha.. my short-term valuation is better than IB. PB x 1.30 instead PB x 1.10 towards Q4.
Let wait and see whether Hevea will continue to beat expectation or not. I am very positive.

Evergreen highlighted higher ASP across the market. While Hevea highlighted company will continue to benefit from market turn around. So no worry, company will ensure its Fair Value to reflect in its share price accordingly.

Capex spending on automation shall continue in order to cut down heavy relying on foreign workers or Labour. And so far Hevea is on the right track to spend more on automation.

Posted by kkteng70 > 2020-11-26 16:32 | Report Abuse

best will be at Next Q. Board price is keep increasing

Posted by kkteng70 > 2020-11-27 11:57 | Report Abuse

volume come

Posted by Kang Yao > 2020-11-30 14:26 | Report Abuse

external board sales is down due to higher internal sales to RTA division. and RTA division has higher margin than board.

thats great!

Most interesting is the mushroom, Last year qtr loss is -1.12mm, this qtr only -270k. the trend looks like will turn +ve in coming two qtr.

Posted by weida8877 > 2020-12-01 14:49 | Report Abuse

Wtxxx? Mieco same price with hevea now!

Posted by PlayStation > 2020-12-01 17:52 | Report Abuse

Hevea is still very far behind.. smoked by Mieco now..

Mieco took the lead in valuation - PB (0.59) x 1.35 = 80 cents of today closing

Hevea you got to work extra hard.. to catch up the valuation.. Don't lose out..

Posted by waorangsiam > 2020-12-01 18:38 | Report Abuse

hmm... mungkin pasal eps and eps growth potential mieco lebih elok dari hevea. macam akan potong hevea

Posted by waorangsiam > 2020-12-01 18:40 | Report Abuse

aiya, semua evergreen mieco hevea akan naik juga la, lebih sikit kurang sikit tak apa lo

Posted by sasword > 2020-12-07 10:23 | Report Abuse

Downtrend just started engine.

Posted by PlayStation > 2020-12-08 16:30 | Report Abuse

Volatile.. but will continue to retest its Valuation..

Posted by sasword > 2020-12-10 16:59 | Report Abuse

Winter continues to strike this coun.

Posted by sasword > 2020-12-11 17:00 | Report Abuse

Mati pucuk already, shift to evergreen better.

Posted by bluebayou > 2020-12-15 23:35 | Report Abuse

Mieco pays zero dividend

Posted by surengwins > 2020-12-16 15:13 | Report Abuse

Divergence

Posted by Kon Lim Chai > 2020-12-19 09:15 | Report Abuse

Mkt seems to behave opposite to the valuation of HLb. When it valued price low, mkt price up and vice versa. For heavea to go up further, HLB needs to value price downward.

Posted by Kon Lim Chai > 2020-12-21 17:51 | Report Abuse

Fell and died!

Posted by Kon Lim Chai > 2020-12-21 17:59 | Report Abuse

Ex dividend 0.5 sen and price drop 10 times 5 sen! Dare u wait for ex dividend next time?

Posted by papaxs > 2020-12-23 17:01 | Report Abuse

green a bit today.. but not sure whether to buy, top up and average down or what. not sure whats going on with this counter

Posted by PlayStation > 2020-12-24 10:25 | Report Abuse

Market is emotional drive. Panic sell (Emotional Seller) Vs Panic Buy (Value buyer)

likes @sense maker said no brainer to grab when below its Fair Value.

If you read Poh Huat latest report, its orders piled up till Jun/Jul21.

That means furniture sectors benefited from Work From Home trend = High demand of Furnitures

Furniture sector orders piled up = High demand of Particleboard will continue

Posted by papaxs > 2020-12-24 15:46 | Report Abuse

go go heveaaaa~~~ woke up late this morning,,was planning to top up at opening price..but missed the train

Posted by Kon Lim Chai > 2020-12-24 19:13 | Report Abuse

Results of Poh Huat provide an indication of 4th QR of Hevea

Posted by papaxs > 2020-12-28 15:16 | Report Abuse

kemon hevea~~~

Posted by Titan Trading Channel > 2021-01-03 21:27 |

Post removed.Why?

Posted by GordonWoo932 > 2021-01-04 07:49 | Report Abuse

be patient..one major count completed..meanwhile stand aside.

Posted by PlayStation > 2021-01-05 11:20 | Report Abuse

Bargaining price resurfaced again due to weakness on Index and some unfavor news.

Posted by PlayStation > 2021-01-06 09:06 | Report Abuse

There is plenty of room for Dividend payout ratio moving forwards.

IF company performance improve to EPS 2c per Q.
Then I believe Hevea will continue its generous Dividend payout and will be in growing trend.
Although I prefer company can continue to invest for growth.

Last Q company allocated it for Capex investment to increase more adoption of automation (as per Q3 company invested RM6.1m in PPE) and reserved it for upcoming Solar Energy Generating System. Both initiatives will translate into increase in production efficiency and near future electricity cost savings. As I noticed Hevea entered JV with Salcon on Solar Power Purchase Agreements.

While market always emotional especially Traders, some might react on Index movement or unfavor news likes Japan might declare State Of Emergency again (in fact just like our CMCO doesn't affect import/export at all), new strain of virus and etc. So long it is temporary, nothing to worry too much

Hevea's book value at 74c and moving forward valuation at PB x 1.20 (ha.. ha.. my valuation after Q4). HLG current "Buy" called PB x 1.10 about 83c before Q4 result.
Just grab at discounted price = Boarding time and wait patiently at boarding area.

@sense maker your f'cast for Q4 result EPS 2c. Next month I hope it meet the market expectation close to EPS 2c. It might be slightly affected due to freight availability, can not ship out in Dec20 then will flow to Jan21.

Posted by facsc118 > 2021-01-06 16:34 | Report Abuse

keep dropping no stoppage

Posted by sasword > 2021-01-06 17:08 |

Post removed.Why?

Posted by PlayStation > 2021-01-08 11:43 | Report Abuse

Airport congested.. due to temporary negative news..

Posted by WhiteWolf > 2021-01-17 10:58 | Report Abuse

Seeing more and more Heveagro mushroom in supermarkets like Jaya Grocer etc. Hopefully will become revenue contender within 3 years. Buy and hold this baby!

Posted by Kon Lim Chai > 2021-01-24 11:32 | Report Abuse

Today nanyang press give favorable coverage on furniture makers. Tomorrow sure up!

Posted by youngshouse24 > 2021-01-25 17:35 | Report Abuse

https://www.klsescreener.com/v2/news/view/782121

Posted by wehcant > 2021-02-07 18:24 | Report Abuse

Coming.

Posted by nitetrader > 2021-02-09 10:01 | Report Abuse

Good QR expected

Posted by wehcant > 2021-02-09 10:22 | Report Abuse

Coming.

Posted by nitetrader > 2021-02-09 11:44 | Report Abuse

A decisive breakout from the sideways zone will sour prices advance further towards above RM0.72 and RM0.80

Posted by wehcant > 2021-02-10 11:47 | Report Abuse

Got BUY signal already but stil cannot go up. Waiting for what?

Posted by nitetrader > 2021-02-10 11:54 | Report Abuse

I think it will only start going up next week as QR will be released on 4th week of Feb

Posted by wehcant > 2021-02-10 12:13 | Report Abuse

MIDF expected stellar 4th qtr earnings from furniture sector. Hevea Heaven!
https://www.theedgemarkets.com/article/corporate-earnings-show-improvement-octdec-quarter

Posted by nitetrader > 2021-02-10 15:00 | Report Abuse

Covid-19 – A silver lining for Hevea. Prior to MCO, Hevea was experiencing declining net profit margin (Figure #1). This was due to an oversupply in the panel board market as local manufacturers faced (i) stiff competition from regional players such as Thailand and Vietnam in addition to (ii) US-China trade war which caused an oversupply of particleboards in China due to its manufacturers diverting its US export to the local China market. However, the incidence of Covid-19 and subsequent rise in work-from-home (WFH) arrangements led to an increased in furniture purchases in key markets (i.e. higher furniture exports by Malaysia than pre-Covid levels; Figure #2). As a result, panel board manufacturers also experienced a secondary effect in the demand recovery for panel boards due to demand from the furniture makers.

We expect Hevea to post strong earnings in 4Q20 particularly in the RTA division due to Japanese New Year, as Hevea’s profitability typically peaks in 4Q. Going forward in 2021, the group also has decent earning visibility, securing RTA orders up to April 2021. In the near term, freight cost volatility and freight availability remain a challenge to the group.

With production disruptions behind them and better RTA sales volumes expected from the WFH trend as well as Japanese new year coming up, we expect Hevea’s profitability to accelerate going forward.

Posted by nitetrader > 2021-02-15 18:47 | Report Abuse

HEVEA 5095
- Quarter Report Good, “they” target RM0.8

Posted by nitetrader > 2021-02-16 10:13 | Report Abuse

finally it is going up..lol

Posted by weida8877 > 2021-02-16 16:15 | Report Abuse

Hoseh, the qr must be good. Keep it up!

Posted by Kon Lim Chai > 2021-02-16 19:47 | Report Abuse

Better QR earnings must be accompanied by higher dividend, otherwise wont help much!

Posted by Asyraf96 > 2021-02-17 18:07 | Report Abuse

Buyy now. Buy signal triggered. Tp is 0.80

Posted by Kon Lim Chai > 2021-02-18 19:42 | Report Abuse

HLB projected DPS 3 SEN for FYE 2020. 2 sen paid already. So, remaining 1 sen payable.

Posted by Buylow111 > 2021-02-19 17:49 | Report Abuse

Mobilia listing on Feb 23 and have been oversubscribed by 92 times. Would it leads to buying interest among all the furniture related counter?