Posted by Jeremy_Chew > 2023-01-06 12:18 | Report Abuse

@sense maker, i agree with you. EVERGREEN is one of the most under-rated companies in Bursa. It can make around 8sen EPS in a full year and just do a simple valuation at PE of 10, it should at least worth 80sen in the share price. Buying the share at below 40sen has huge potential to make great return up to 100% return

Posted by sense maker > 2023-01-06 17:34 | Report Abuse

Look at the total cash flow, the cash profits and EBITDA it generates each year, not just earnings or PE. Depreciation expense a year which is non-cash is RM0.09 a year. Look at how its cash balance grew over past years, and into future when capex needs diminish. Keep accumulating and hold tight till RM1.

Posted by sense maker > 2023-02-27 20:16 | Report Abuse

RM60m impairments and write-offs at year end. Excluding the foregoings, the company broke even ie didn’t make or lose any cash from operations in latest quarter. Orders have shrunk a lot amidst falling selling prices. The company’s return to positive accounting profits depends entirely on recovery of global furniture demand.

Posted by sense maker > 2023-02-27 20:17 | Report Abuse

The company generated RM116m operating cash in 2022, an improvement of RM5m over 2021. Shareholders would hope 2021 dividend of RM0.015 will be maintained for 2022, to be announced in Apr 2023.

Posted by firehawk > 2023-02-27 21:10 | Report Abuse

Q4，2022，
The Group’s revenue for the quarter ended 31 December 2022 decreased by 33.1%
or RM95.17 million to RM192.32 million from RM287.49 million recorded in the
preceding year corresponding quarter. The decrease in revenue was mainly resulted
from lower average selling price and sales volume.
Loss before tax was reported at RM74.15 for the quarter ended 31 December 2022 as
compared to profit before tax of RM15.49 million recorded in the corresponding
quarter of the preceding year. The loss was mainly due to lower foreign exchange
gain and non-cash losses such as impairment of plant, machinery, inventory and
goodwill and loss on disposal of AOC as explained in Malaysia segment and
Thailand segment above.

Posted by firehawk > 2023-02-27 21:21 | Report Abuse

For prudent investors, can just check the Quarterly Revenue of the last 10 years, you will find something very interesting .......

Posted by Jack King > 2023-03-04 14:00 | Report Abuse

Buy this share at low price now.

Posted by sense maker > 2023-03-04 16:51 | Report Abuse

31 sen is cigarette-butt price. Demand for its products will recover after a quarter or two. In 2022, this company still made RM116m operating cash. In 2023, maybe just RM20-30m. But in 2024, it should rise to around RM80-90m. Buy when others are fearful.

Posted by curiousq > 2023-03-07 09:39 | Report Abuse

Yes! Is very cheap now!! No need to afraid, just buy! sifu already said, 31 sen is cigarette-butt price .... Buy when others are fearful. buy anything below 0.40 .... BUY NOW!!!

Posted by blueblues > 2023-03-09 17:44 | Report Abuse

Hi, with today's closing at 0.29, any situ got any comments or advice?

Posted by sense maker > 2023-03-09 19:08 | Report Abuse

A lot depends on whether the company will manage shareholders’ expectation by giving dividend of at least 1-1.5sen, to be announced by end of next month. If it can give 5% yield at current market price, most shareholders will support and won’t sell their shares.

Q4 2022 struck the company very hard as some inventories in hand were sold subsequently at a loss, triggering some inventory impairment. This shows the company’s biz model isn’t very resilient and is subject to huge fluctuations in their product demand. The coming quarterly results in May are important as shareholders would like to see that the company at least stop bleeding operating cash, ie sustaining net losses of less than RM17m. The slowdown in order is very severe but the moment the company can guide via prospect commentary that recovery is insight, the share price will recover in tandem. But this company’s share always moved way before quarterly results announcement, so you may wanna give this company at least 2 more quarters before it can return to profitability.

Posted by sense maker > 2023-03-30 14:45 | Report Abuse

Price is recovering. Though next two quarterly results will likely be bad, recovery can be expected in Q4 2023.

Posted by alibiii > 2023-03-31 17:00 | Report Abuse

actually most of the losses/impairment are non-cash items. the cash/debt position for the company is actually improving this year

Posted by alibiii > 2023-03-31 17:04 | Report Abuse

net debt now only about 30mil compared with nearly 130mil 3 years ago

Posted by UnicornP > 2023-05-31 19:36 | Report Abuse

Improvement in sales seen in upcoming quarters.. How?

Posted by Newplayer01 > 2023-06-02 22:05 | Report Abuse

Hope this counter can wake up

Posted by UnicornP > 2023-06-12 13:29 | Report Abuse

🔊

Posted by UnicornP > 2023-06-14 11:39 | Report Abuse

⚠

Posted by alibiii > 2023-06-16 10:09 | Report Abuse

net debt now less than 20mil, probably will be net cash by end of the year

Posted by UnicornP > 2023-06-16 11:43 | Report Abuse

A lot of potential until the next four months.

Posted by UnicornP > 2023-07-06 20:23 | Report Abuse

Watch out for tomorrow

Posted by UnicornP > 2023-07-20 14:13 | Report Abuse

Getting some @ 285

Posted by Newplayer01 > 2023-08-15 14:58 | Report Abuse

Oh god, finally my baby wake up😆😆

Posted by Mak_kiah > 2023-08-15 22:13 | Report Abuse

Come on baby

Posted by Newplayer01 > 2023-08-15 23:48 | Report Abuse

Sabar dulu🤣🤣 Party baru nak start🥳🥳🥳

Posted by ahyen10 > 2023-08-16 16:28 | Report Abuse

Ini kalilah..

Posted by Jack King > 2023-08-16 17:35 | Report Abuse

You had been told.

Posted by Newplayer01 > 2023-08-17 11:29 | Report Abuse

You all so naughty, sembelih my baby.

Posted by bapak_koko > 2023-08-17 12:12 | Report Abuse

no more show 😪

Posted by Jack King > 2023-09-07 17:01 | Report Abuse

Must buy

Posted by DividendGuy67 > 2023-09-07 22:41 | Report Abuse

Personally, I wouldn't chase. I am selling into strength, because my hypothesis is:
- Last time Aug 2020 (Covid), after downtrending and after breaking out above the 200dMA, it zoomed up without much retracement, so ...
- This time, alternation principle i.e. same conditions, it will retrace back strongly ...

Market rarely repeats, but rhymes.

I will buy back when it retraces.

Posted by sengtan > 2023-09-26 11:18 | Report Abuse

Wonder any reason for today's spike in share price

Posted by Jack King > 2023-09-26 16:53 | Report Abuse

World market for timber products is going up.

Posted by Mak_kiah > 2023-10-12 09:40 | Report Abuse

alright alright.

Posted by berfikir > 2023-10-20 11:17 | Report Abuse

buy some...look something nice

Posted by Dehcomic01 > 2023-10-21 09:03 | Report Abuse

There are several product categories under the timber/wood-based products sector. The common characteristics is that they all use timber/logs as the ultimate raw materials and would be considered a cyclical sector. I screen for companies in this sector by looking at their performance relative to Eksons and Taann where I have detailed fundamental analysis. In this context, I would not consider EVERGRN past few years ROE to be better than those of Eksons. I have concluded that Eksons is a cash holding value trap so I would not dig deeper into EVERGRN

Posted by emiteno > 2023-12-16 09:18 | Report Abuse

RECOVERY MODE...

Posted by Jack King > 2023-12-19 16:13 | Report Abuse

Up and coming!

Posted by Tanleechoo > 2023-12-21 15:15 | Report Abuse

Sleeping 😴

Posted by mkmk > 2024-01-02 09:10 | Report Abuse

japan earthquake will push it up...

Posted by Stead > 2024-01-03 21:08 | Report Abuse

No sign of substantial improvement… but 1 sen dividend can be expected

Posted by Blue Tulip > 2024-01-03 22:31 | Report Abuse

EPS for the coming earnings will definitely improve by leaps and bounds.

Posted by mkmk > 2024-01-15 19:07 | Report Abuse

Time to go up…

Posted by mkmk > 2024-01-16 15:24 | Report Abuse

https://www.globalwood.org/news/2024/news_20240112.htm

Posted by mkmk > 2024-01-16 15:24 | Report Abuse

https://www.globalwood.org/news/2024/news_20240115a.htm

Posted by sengtan > 2 months ago | Report Abuse

may be in anticipation of a good set of quarterly result next week

Posted by Tanleechoo > 1 month ago | Report Abuse

🥺disappointed qtr for us ! Nil dividend

Posted by sense maker > 1 month ago | Report Abuse

Demand evaporated. Need Singaporean directors to revive the performance.

Posted by Tanleechoo > 1 month ago | Report Abuse

Why placed hope on Singapore director ? The current mgt can’t deliver ?

Posted by ivanlau > 19 hours ago | Report Abuse

Insider news, order drop , selling price keep dropping, prospect no good , good luck guys............