EVERGREEN FIBREBOARD BHD

KLSE (MYR): EVERGRN (5101)

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Last Price

0.355

Today's Change

-0.02 (5.33%)

Day's Change

0.35 - 0.375

Trading Volume

21,837,400


7 people like this.

11,459 comment(s). Last comment by sengtan 13 hours ago

Superb99

6,438 posts

Posted by Superb99 > 2022-06-09 15:17 | 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

6,438 posts

Posted by Superb99 > 2022-06-09 15:20 | 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 > 2022-06-13 17:03 |

Post removed.Why?

Jupiter

73 posts

Posted by Jupiter > 2022-06-15 09:31 | 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 > 2022-06-23 17:46 | Report Abuse

habis cerita

gogogolee

121 posts

Posted by gogogolee > 2022-06-25 08:52 | Report Abuse

back to nevergreen

Posted by taiguofopai > 2022-07-01 10:34 | Report Abuse

when will you wake up

carimakan

2,444 posts

Posted by carimakan > 2 months ago | Report Abuse

banyk murah dh ni.. collect sblom uppp!

SuperPanda

11,293 posts

Posted by SuperPanda > 2 months ago | Report Abuse

i bought before ex div at 0.465, thats makes me entiltled 1.5c profit

and i bought again at 0.46 last friday, it close at .47, now im sitting with profit from the
div and posibly more if the price going up further

of course it will go up further bcoz evergreen will be benefited from the strong US
dollar, next qr profit will sustain, might even higher on qoq

all the best

imvu

6,437 posts

Posted by imvu > 1 month ago | Report Abuse

volume hijau masuk , adakah akan hijau sampai ke petang

imvu

6,437 posts

Posted by imvu > 1 month ago | Report Abuse

0.490

sengtan

169 posts

Posted by sengtan > 1 month ago | Report Abuse

last call before it goes up to 0.9. Result will be released this month

sengtan

169 posts

Posted by sengtan > 1 month ago | Report Abuse

Fund is buying

imvu

6,437 posts

Posted by imvu > 1 month ago | Report Abuse

0.495 clear

stockraider

30,487 posts

Posted by stockraider > 1 month ago | Report Abuse

Something is brewing here loh!

Posted by investortrader88 > 1 month ago | Report Abuse

Bought some tickets at RM0.495 this morning.good luck guys.

imvu

6,437 posts

Posted by imvu > 1 month ago | Report Abuse

0.500 clear

imvu

6,437 posts

Posted by imvu > 1 month ago | Report Abuse

limit up sampai minggu depan ?

imvu

6,437 posts

Posted by imvu > 1 month ago | Report Abuse

sudah nak mula hari hari panjat ?

imvu

6,437 posts

Posted by imvu > 1 month ago | Report Abuse

0.505

Superb99

6,438 posts

Posted by Superb99 > 1 month ago | Report Abuse

this is a super slow counter, market good or bad, it goes holland too

sengtan

169 posts

Posted by sengtan > 1 month ago | Report Abuse

Last call before it test 0.6 and prior to the release of Q result this month

SuperPanda

11,293 posts

Posted by SuperPanda > 1 month ago | Report Abuse

ep below .47 as i posted 2 wks ago, already earned 1.5c div now 0.54

money dont come easy but when it comes, enjoy the ride

all the best

Superb99

6,438 posts

Posted by Superb99 > 1 month ago | Report Abuse

Hope can go above 0.55 today

mkmk

1,384 posts

Posted by mkmk > 1 month ago | Report Abuse

1 day show…

Superb99

6,438 posts

Posted by Superb99 > 1 month ago | Report Abuse

ya, lousy stock, `now below 0.5 d....

Vicky

737 posts

Posted by Vicky > 1 month ago | Report Abuse

trap

Superb99

6,438 posts

Posted by Superb99 > 1 month ago | Report Abuse

Operator already ran away...heading south

Jnlee

207 posts

Posted by Jnlee > 1 month ago | Report Abuse

qr out,no bad results

mkmk

1,384 posts

Posted by mkmk > 1 month ago | Report Abuse

Tmr 55 sen?

Mak_kiah

551 posts

Posted by Mak_kiah > 1 month ago | Report Abuse

Delivery a good QR during the bearish season, 2020- GLOVE , 2021- Technology, 2022- Plantation , 2023- Logistic .

Posted by Malaimuslimgotohell > 1 month ago |

Post removed.Why?

Squirtle

768 posts

Posted by Squirtle > 1 month ago | Report Abuse

OTB is come jor. Pump Evergreen
Muahahahahahahahahahahahaahaa

Kmc666

0 posts

Posted by Kmc666 > 1 week ago | Report Abuse

Seems like Going south , Sian .

Posted by Jeremy_Chew > 3 days ago | Report Abuse

EVERGREEN 2022 first 2 quarters already earned 4.24sen, whole year will earn close to 10sen due to stronger USD / MYR rate. Do you think it is worth only RM0.40? Come on, apparently some big crocodiles are pressing the price down to collect. Just assume PE=8, easily the price can go up to 80sen or more!

Posted by Jeremy_Chew > 3 days ago | Report Abuse

from Q2 report:
The Group’s revenue for the quarter ended 30 June 2022 increased by 54.8% or
RM116.80 million to RM330.11 million from RM213.31 million recorded in the
preceding year corresponding quarter. The increase in revenue was mainly
contributed from higher average selling price and sales volume from all major
category of products.
Profit before tax for the quarter ended 30 June 2022 increased by RM18.55 million
to RM23.13 million from RM4.58 million recorded in the corresponding quarter of
the preceding year. Despite higher raw material cost, the higher profit was mainly
contributed from higher margin resulted from higher average selling prices and
higher foreign exchange gain.

Posted by Jeremy_Chew > 3 days ago | Report Abuse

the Group has achieved positive and improved results in the first half
of 2022, compared to the same period in 2021. With our diversified base of
operations in Malaysia, Thailand and Indonesia as well as having multiple income streams from raw boards to downstream, the Group manages to draw on the
strengths of each country and market segment to mitigate the shortcomings. The
Group is also seeing the benefits from expanding its downstream activities and
from past investment in automation and cost restructuring which has resulted in
more contributions from downstream as well as a leaner cost structure. The
improvement in market demand for furniture has also been capitalized by the
Group with improvement in average selling prices

Posted by sense maker > 3 days ago | Report Abuse

It’s upstream biz will decline due to decreasing timber prices. It’s downstream biz is much smaller and should mitigate the negative situation a bit. Don’t look at past results as share market is forward looking.

garychee8

222 posts

Posted by garychee8 > 3 days ago | Report Abuse

queue at 0.385 ..yr low

Posted by Jeremy_Chew > 3 days ago | Report Abuse

hi sense maker, Evergreen is now growing its downstream (knock-down furniture) business in huge pace and also producing more higher grade / enhanced wood product. they are not only producing pure MDF or plywood, but also enhanced wood product which garners higher profit margin.

sengtan

169 posts

Posted by sengtan > 2 days ago | Report Abuse

In bear market, investor will dump their stocks regardless of any price even though they are good stocks. It appears that fear outweighs greed currently.

Posted by The St. Goreng > 2 days ago | Report Abuse

typical goreng stock dumped from 0.8 to 0.4

Posted by Fundamental Trader > 2 days ago | Report Abuse

mispricing opportunity.

Posted by sense maker > 1 day ago | Report Abuse

Lumber prices crashed from usd14000 in May 2023 to usd400 now in US. Shareholders panicked and threw off Evergreen. Not sure how well the company can manage its average selling price especially in its upstream biz.

sengtan

169 posts

Posted by sengtan > 1 day ago | Report Abuse

Hi Sense Maker, I thought with lumber prices crashing down it is good news for Evergreen since their log supply cost will be lower and therefore production cost will be lower ? Could you please enlighten me a bit. Thanks

sengtan

169 posts

Posted by sengtan > 16 hours ago | Report Abuse

Hi any one know of the reason for sell down of evergreen? Thanks

Posted by The St. Goreng > 16 hours ago | Report Abuse

told you this is a damned goreng stock

Posted by sense maker > 14 hours ago | Report Abuse

A few possibilities:
1) Biz orders, sales and average selling prices plunged.
2) Management made a big mistake like holding too much inventory when average selling prices are plunging or allowing receivables to shoot up. These tighten cash flow and increase future losses.
3) Public free float is very high in this company. 500m plus shares are speculative in nature and panicked easily when global asset sell off occurred. Fundamentally, the company remains sound.
4) A fraud has occurred but this is unlikely as the company made no public announcement in that respect.

Insiders would sell first as usual if there’s anything untoward that already happened . Outsider Shareholders can only hope the sell off in the company is only due to factor 3). Let’s see.

sengtan

169 posts

Posted by sengtan > 13 hours ago | Report Abuse

Sense Maker, thanks for your in-depth and thoughtful analysis. Yes, overall market sentiment is quite bad and fear outweighs greed in the current hostile climate. No one dares to buy in a big way as a recession for sure will set in/ already set in some countries like the UK. Demand for Evergreen's products will definitely be affected. Therefore fair value will no longer be RM0.8 and will be adjusted downward.

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