EVERGREEN FIBREBOARD BHD

KLSE (MYR): EVERGRN (5101)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.485

Today's Change

-0.015 (3.00%)

Day's Change

0.485 - 0.495

Trading Volume

629,600


7 people like this.

11,416 comment(s). Last comment by taiguofopai 2 days ago

Richard2

21 posts

Posted by Richard2 > 1 month ago | Report Abuse

I think drop in lumber price should not effect Evergreen as it produce 75% of MDF/PB and 25% of RTA/value added product. MDF was made up by 82% wood fibre, 9% of urea 9% of paraffin wax + water.Drop in lumber price shall benefits Evergreen as raw materials are getting cheaper.

Richard2

21 posts

Posted by Richard2 > 1 month ago | Report Abuse

Dropped in share price cause by external factors ie DJ correction, recession and inflation fear. Evergreen manage to back to profitable by both internal/external factors. External -increase of ASP and external factors -company restructure, cost control efficiency and increase production of higher margin products. Currently share was traded at 0.685 translate to 0.57 x BV which still at huge discount.

Richard2

21 posts

Posted by Richard2 > 1 month ago | Report Abuse

Today ringgit was traded at 4.40 against USD... this is good for exporting company. Next QR should be superb

s3phiroth

249 posts

Posted by s3phiroth > 1 month ago | Report Abuse

lumber price is not same as panel board price! lumber is a raw material for panel board!

s3phiroth

249 posts

Posted by s3phiroth > 1 month ago | Report Abuse

msia retail investors r funny because they r bullish whenever the raw material price increases, vice versa. The best recent example was mflour surged when wheat price spiked due the india's export ban.

Posted by adikhantamking > 1 month ago | Report Abuse

thanks fors good price^^ huhu
i can collect lagi ^^

Richard2

21 posts

Posted by Richard2 > 1 month ago | Report Abuse

Most of our furniture company bought raw materials locally by ringgit and sell products overseas by USD... this time Boss will laugh

s3phiroth

249 posts

Posted by s3phiroth > 1 month ago | Report Abuse

FYI, Malaysia lumber/log price has decreasing consistently since early this year because the supply constrain eased after mco.

Posted by adikhantamking > 1 month ago | Report Abuse

Fiberboard demand will increase. More over dealing business in usd . Powerup already!

Posted by waorangsiam > 1 month ago | Report Abuse

teka teki results quarter
hevea - cantik
evergreen - cantik
mieco - teruk atau biasa

Posted by adikhantamking > 1 month ago | Report Abuse

cantik kali ini !!! longterm player win !!!

Richard2

21 posts

Posted by Richard2 > 1 month ago | Report Abuse

Previous floods in Johor is affecting Evergreen factory operation therefore I think for Evergreen coming QR it will be good if there is YOY increase...

Posted by adikhantamking > 1 month ago | Report Abuse

Superb result !! Yoy nice !!!

Posted by waorangsiam > 1 month ago | Report Abuse

as expected, results evergreen cantik

now heavea cantik, evergreen cantik. i think mieco tak cantik

dragon328

449 posts

Posted by dragon328 > 1 month ago | Report Abuse

Evergreen is good. Can look at other retails counter

https://klse.i3investor.com/web/blog/detail/dragon328/2022-05-24-story...

Posted by wallstreetrookie > 1 month ago | Report Abuse

Evergreen Fiberboard Berhad raised to Overweight

With a long term price target of RM1.80

Posted by wallstreetrookie > 1 month ago | Report Abuse

Evergreen Fiberboard Berhad raised to Overweight

With a long term price target of RM1.80

sengtan

155 posts

Posted by sengtan > 1 month ago | Report Abuse

may i know which broking house / research house raised to 1.80

vcinvestor

403 posts

Posted by vcinvestor > 1 month ago | Report Abuse

obviously its TalkKok Investment Bank

Posted by adikhantamking > 1 month ago | Report Abuse

https://klse.i3investor.com/web/pricetarget/research/63307
New tp given RM0.95sen

From above source

Fuhhh

Posted by Hunter_x_Hunter > 1 month ago | Report Abuse

The HLIB never do proper research and mentioned Q1 earning 16.8mil , in fact evergreen was hit 17.5mil. If they are able to maintain such Qr on coming 3qr for FY22, whole year earning 70mil which mean share price might hit back yr2016 rm0.9 - rm1.00. Certainly now correction due to recession and inflation by giving more time, share price will definitely hit up higher again.

vcinvestor

403 posts

Posted by vcinvestor > 1 month ago | Report Abuse

@Hunter_x_Hunter you obviously didn't read past the first paragraph of the HLIB report nor do you understand what a core net profit (strip off one-off items) is....

Posted by MYthenightmare > 1 month ago | Report Abuse

Nevergreen mode activated.

Posted by Hunter_x_Hunter > 1 month ago | Report Abuse

@vcinvestor you are such a joker. Pls go read more and research before commenting. Don’t act professional here. Obviously the HLIB sharing the info is to misleading public. Pls open your eye big big including your behind one.

vcinvestor

403 posts

Posted by vcinvestor > 1 month ago | Report Abuse

:)

Superb99

6,366 posts

Posted by Superb99 > 1 month ago | Report Abuse

This counter is visiting holland

Jack King

68 posts

Posted by Jack King > 1 month ago | Report Abuse

Just dump and run !!!

Superb99

6,366 posts

Posted by Superb99 > 1 month ago | Report Abuse

Falling knife now

Posted by Neoh Jia En > 1 month ago | Report Abuse

@Hunter_x_Hunter May I know what did you mean by HLIB's "misleading public" - this is a relatively serious accusation. I have read the whole report and there isn't anything that indicates so. Core net profit is indeed non-IFRS profit as commented by @vcinvestor, and HLIB has disclosed the adjustments they did. If you meant their forecast for a weaker 2Q, you can't judge that it's misleading until the result is out three months later. Comparing the information contained in HLIB's report and management's discussion in the quarterly report, it seems to me that the analyst has talked to the management post-result.

Icon 888

1,352 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Habis goreng!!!! DUN Touch everyone

Posted by MYthenightmare > 1 month ago |

Post removed.Why?

Posted by hohlaiyet88 > 1 month ago | Report Abuse

It got give dividend 1.5 cent. Better than nothing, just hold first.

Superb99

6,366 posts

Posted by Superb99 > 1 month ago | Report Abuse

Gg.com...holland counter

Jupiter

73 posts

Posted by Jupiter > 1 month ago | Report Abuse

a company reporting consistent profit in a tough environment and outperforming its peers. and some ppl still call this a Holland counter. I think it is the commentator that is Holland

vcinvestor

403 posts

Posted by vcinvestor > 1 month ago | Report Abuse

@Neoh Jia En i wouldn't waste any time replying to illiterate trolls. I do however, enjoy your blog posts, keep it up

Superb99

6,366 posts

Posted by Superb99 > 1 month ago | Report Abuse

No wonder so many people losing money in the market because they only rely on fundamental, if consistent profit is so good why price dropped so fast, use your brain, all are manipulated and controlled by operator...really live like a stone...lol

Posted by adikhantamking > 1 month ago | Report Abuse

diam lah superb 99 m dont show u kao sai knwoledge act smart

vcinvestor

403 posts

Posted by vcinvestor > 1 month ago | Report Abuse

If market is so controlled and manipulated why bother to trade at all? As if you have any answers

Posted by MYthenightmare > 3 weeks ago |

Post removed.Why?

Superb99

6,366 posts

Posted by Superb99 > 3 weeks ago | Report Abuse

@adikhantamking, so how your fundamental counter today, performing according to your kaosai fundamental strategy...lol...really a fool like vcinvestor, kaosai partner in evergreen...die together

Superb99

6,366 posts

Posted by Superb99 > 3 weeks ago | Report Abuse

Open your eyes big big, what happened to glove counters now, last time many people also talked about fundamental, now all of them masuk longkang d...if operator goreng based on fundamental then nobody needs to work lo...really brainless

Posted by MYthenightmare > 2 weeks ago |

Post removed.Why?

Jupiter

73 posts

Posted by Jupiter > 2 weeks ago | Report Abuse

if the company has solid fundamentals then when market is irrationally pricing it low, it will be a great time to buy cheap. that is how Warren buffet got rich. those who keep saying don't buy bcoz of operators, then pray tell what can you buy? according to your twisted logic, no counters can be bought so if you really believe ur own theory, don't bother to invest in listed cos and don't bother to comment here. whenever u comment, u debunk Ur own theories

jy87

15 posts

Posted by jy87 > 1 week ago | Report Abuse

habis cerita

gogogolee

111 posts

Posted by gogogolee > 1 week ago | Report Abuse

back to nevergreen

Posted by taiguofopai > 2 days ago | Report Abuse

when will you wake up

Post a Comment
Market Buzz