Posted by SS3U > 2023-10-01 22:21 | Report Abuse

The company has RM120m net cash; take that out from the current market capitalisation, the company is selling for RM130m only. One-year depreciation charge is RM30m, which more than covers for all sorts of capex the company wants to do. So, the company can actually declare all its profits as dividend without affecting its net cash balance of RM120m. It should be able to make at least 3sen net profit per share a year. Potential dividend yield will be very attractive.

Posted by curtlee1980 > 2023-10-02 23:32 | Report Abuse

Snail counter, stuck below 40 cents for quite some time already

Posted by alwong1111 > 2023-10-05 23:39 | Report Abuse

Revisit this soon

Posted by alwong1111 > 2023-10-14 00:31 | Report Abuse

Still stagflation :(

Posted by Dehcomic01 > 2023-10-22 17:17 | Report Abuse

I have 2 reference companies with detailed analysis - Eksons and Taann - that I used when hunting for companies in the timber/wood-based sector. With this lens, I found that Hevea ROE pre-2018 was much better than these reference companies. But post-2018, Hevea ROE lies in between these 2. From a fundamental perspective, I would focus on Taann.

Posted by alwong1111 > 2023-10-22 20:27 | Report Abuse

Yoong family everyday support until pants dropped

Posted by DividendGuy67 > 2023-11-17 23:25 | Report Abuse

HEVEA +4.29%. Nice. Looks like it wants to go up, but plenty of resistance ... Still good enough to make my portfolio rise to all time high again. That's 3 times this week!

Posted by sasword > 2023-11-23 17:23 | Report Abuse

下地域史全家烂股绝子绝孙烂管理层

Posted by DividendGuy67 > 2023-12-02 11:29 | Report Abuse

I accumulated a bit at 33 sen recently. Since end last year, the A/D line is slowly rising, notwitstanding flat price. This technical divergence suggests that someone has spend a long time to slowly accumulate this stock without moving its price ... I don't know who, but I am following. I am okay if it take 2 years to move, because once we identify a stock with higher probably of being "goreng" later, we follow by buying more at lower prices. For this stock with sound fundamentals, lots of net cash, the only risk is if the manipulator can't accumulate enough. At this juncture, they should have plenty of stock, just might not meet their quota yet to start the push. It's now nearly a year of accumulation.

Posted by DividendGuy67 > 2023-12-02 11:33 | Report Abuse

Keep this type of trading extremely small. My trade here is more price speculative. I haven't done enough research to justify owning more than 1.5% of my portfolio. This is old habit from looking at price charts only, without really looking at its longer term business, aside from a few balance sheet glances.

Posted by stockraider > 2023-12-03 10:21 | Report Abuse

Can buyloh......furniture mkt improving mah!

Posted by curiousq > 3 weeks ago | Report Abuse

Dividend (1 sen was propose), subjected to AGM approval

Posted by xiaoeh > 3 weeks ago | Report Abuse

Dear Curiousq
any thoughts on Hevea?
can buy?
how is the furniture market now?

Posted by goldmanbull > 1 week ago | Report Abuse

Dear Xiaoeh, buy Synergy House better