EVERGREEN FIBREBOARD BHD

KLSE (MYR): EVERGRN (5101)

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Last Price

0.395

Today's Change

+0.005 (1.28%)

Day's Change

0.39 - 0.40

Trading Volume

2,221,600


7 people like this.

11,529 comment(s). Last comment by Kevin Tam 19 hours ago

datuk

4,935 posts

Posted by datuk > 2012-07-12 15:04 | Report Abuse

world class player but inherit penny stock price? life time opportunity around.....ponder! Ponder ! ponder !

Posted by chongyong11 > 2012-08-30 17:11 | Report Abuse

any bad news???

euscilyn

592 posts

Posted by euscilyn > 2012-08-30 17:19 | Report Abuse

don't know

euscilyn

592 posts

Posted by euscilyn > 2012-08-30 17:20 | Report Abuse

so thinking to buy in low. any opinions?

Posted by chongyong11 > 2012-08-30 18:13 | Report Abuse

I think better to find out what is happening first befor action.

Posted by chongyong11 > 2012-08-30 18:14 | Report Abuse

Becarefull when price down volume up

ms_sen85

118 posts

Posted by ms_sen85 > 2012-09-03 01:26 | Report Abuse

check back the announcment on 28/03/2012,

http://www.bursamalaysia.com/market/listed-companies/company-announcements/921109

MATERIAL LITIGATION A Complaint / legal Suit under the Court of Intellectual Property and International Trade in the Kingdom of Thailand. Black Case No. Tor Por 112/2554 on 20th December Buddhist Era 2554 (2011) has been filed against Evergreen Fibreboard Berhad (“EFB”) by Dynea Chemicals OY (“Dynea” or “Plaintiff 1”), Mr Sombat Ardisart (“Sombat” or “Plaintiff 2”), Ms. Somsri Chairudtidach (“Somsri” or “Plaintiff 3”) and MP Particleboard Co. Ltd. (“MP” or “Plaintiff 4”) [collectively known as ‘the Plaintiffs”]. The Complaint / Legal Suit has been served on Kuo Jen Chang on 24th March 2012 in Thailand. Mr Kuo Jen Chang is the Managing Director of EFB’s subsidiary, Siam Fibreboard Co Ltd and the Chief Executive Officer of EFB. The Plaintiffs claimed that Kuo Jen Chang is the legal representative of EFB in Thailand. Kuo Jen Chang will be contesting that he is not the legal representative of EFB in Thailand. The hearing of the Suit is yet to be fixed.


and the latest update: on 07/08/2012

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1031253

Reference is made to Evergreen Fibreboard Berhad (“EFB”) previous announcement dated 3 July 2012 pertaining to the Material Litigation first announced on 28 March 2012. Evergreen Fibreboard Berhad would like to announce that the Company has been advised by their Thai Counsel that the Thai Court has extended the pre-trial hearing date to 18 September 2012.

ms_sen85

118 posts

Posted by ms_sen85 > 2012-09-03 01:38 | Report Abuse

expect the price will keep low until the court case settle..

euscilyn

592 posts

Posted by euscilyn > 2012-09-03 07:50 | Report Abuse

ms_sen85, so what is the estimated stop loss price ?

ms_sen85

118 posts

Posted by ms_sen85 > 2012-09-03 13:13 | Report Abuse

dunno. but court case usually take time, few months to few years.. still have time to monitor on it. now the court case just start hearing, suspect still some share holders not aware of it.

Eden Thean

133 posts

Posted by Eden Thean > 2012-09-03 20:22 | Report Abuse

hmm let it drop until bottom. target 0.6 :D

Posted by Namoyaki Takarajima > 2012-09-13 09:51 | Report Abuse

Datuk KU Sheng! you are into timber products i noticed! We have other side line of Timber Biz, but not in here.

datuk

4,935 posts

Posted by datuk > 2012-09-13 12:15 | Report Abuse

chart wise.....any advice...Namo?

Posted by Namoyaki Takarajima > 2012-09-19 09:16 | Report Abuse

Datuk, me outstation leh. I bought some for a TEST BUY on 13/9/2012 the moment you tell me tht day. You in?

Posted by Allen Tan 陈镇隆 > 2012-09-19 09:24 | Report Abuse

Reference is made to Evergreen Fibreboard Berhad (“EFB”) previous announcement dated 7 August 2012 pertaining to the case filed by the other shareholders of Dynea Krabi Co., Ltd. (“the Plaintiffs”) against EFB in the intellectual Property and International Trade Court in Bangkok [Case Black No Tor Por 112/554] (“ Material Litigation”) first announced on 28 March 2012.

The Board of Directors would like to announce that the Material Litigation has been settled and withdrawn without any costs or compensation to either party resulting from the parties having executed and registered a Compromise Agreement [“CA”] before The Central Intellectual Property and International Trade Court in Bangkok, Thailand today.

In the Compromise Agreement,

1.It is agreed that EFB shall cease to be party of the joint venture pursuant to the sale of all its 412,500 shares in Dynea Krabi Co., Ltd. to other existing shareholders and the sale of shares to be completed on 1st October 2012.

2.The Plaintiffs and EFB has irrevocably agree to settle and compromise on the dispute under this Complaint/ Legal Suit and this Compromise Agreement shall constitute the absolute and final settlement of this Complaint/Legal Suit with no further claim be brought by any party against another party or parties in respect of the disputed matters in this Complaint / Legal Suit and all related agreements in respect of the joint venture.

Posted by Namoyaki Takarajima > 2012-09-19 09:36 | Report Abuse

On the 13/9/2012 EVERGRN are at Oversold position where the stochastic line line are below 20% line, pending lowest price resistance.

The lowest price recorded are at 0.62/0.625 resistance with the Volume at average 300K to 370K.

The Volume increase today to 580K and today is the beginning of the crossing of 20% stochastic line to 50% line.

MacD gave a BUY BUY call signal (Negative, Negative) and the RSI are still below 50%. Current RSI are at 41.1%

Volume increase from the moment i type from RM580 to 607M and the BUY/SELL are at RM 0.690/0.695.

Posted by Namoyaki Takarajima > 2012-09-19 09:39 | Report Abuse

Be very careful and be very ALERT on before 10AM counter-game and this will be the TEST HIGH for EVERGREEN.

ymj1016

216 posts

Posted by ymj1016 > 2012-09-21 10:20 | Report Abuse

Namo: can you elaborate more on 'before 10AM counter-game'?

Posted by inhibitguy > 2012-09-21 14:57 | Report Abuse

Dear All, Right now do you think evergreen is undervalue as the court case is being settle. What do you think is the target price?

patgim

10 posts

Posted by patgim > 2012-09-22 15:36 | Report Abuse

Look like the next resistance line is .75 before it breaks through to .80, assuming that the court case is settled.

Posted by inhibitguy > 2012-09-24 14:58 | Report Abuse

Very dissapointed on EFB... What happen? Anyone mind to share?

Posted by Buy & Sell Sell & Buy > 2012-09-25 17:31 | Report Abuse

General election is getting nearer, so election uncertainty is influencing Evergreen stock.

anulus81

276 posts

Posted by anulus81 > 2012-09-26 10:24 | Report Abuse

go up more please

patgim

10 posts

Posted by patgim > 2012-09-28 12:11 | Report Abuse

SAR, MACD, %K&D all OK. So go! Why the waiting?

Posted by nicholai1983 > 2012-10-12 23:52 | Report Abuse

i heard there are some new saying that 'coming soon'

Posted by profit profits > 2012-10-14 17:09 | Report Abuse

how about this company cash flow status ?

Posted by Buy & Sell Sell & Buy > 2012-10-15 16:24 | Report Abuse

looking at price actions of evergrn, if it cannot move up, certainly it will move down. What's going on wth this counter? Any news???

Yuzuki

1,437 posts

Posted by Yuzuki > 2012-10-15 16:26 | Report Abuse

....

Yuzuki

1,437 posts

Posted by Yuzuki > 2012-10-15 16:26 | Report Abuse

wait for results ...

Posted by nicholai1983 > 2012-10-15 23:18 | Report Abuse

what result??

Eden Thean

133 posts

Posted by Eden Thean > 2012-10-17 12:05 | Report Abuse

so actually the mitigation alrd solved, what happen on next?

ms_sen85

118 posts

Posted by ms_sen85 > 2012-10-22 22:16 | Report Abuse

moved so much these 2 days??

jason777

54 posts

Posted by jason777 > 2012-10-23 00:07 | Report Abuse

base on chart start moving up.

Posted by nicholai1983 > 2012-10-23 19:57 | Report Abuse

Ms sen, it nt move much 2 days la. Can go further

Posted by nicholai1983 > 2012-11-08 22:20 | Report Abuse

hope come soon

bbull

56 posts

Posted by bbull > 2012-11-09 06:29 | Report Abuse

i heard 0.8x not 1.00
i heard this month but mkt now not
good for cooking so maybe have to wait
i heard only!!!!!

Posted by Buy & Sell Sell & Buy > 2012-11-13 09:24 | Report Abuse

pls tell us where did u hear that info, bbull???

Posted by nicholai1983 > 2012-11-13 14:54 | Report Abuse

Ya lo... Where u hear

Posted by Buy & Sell Sell & Buy > 2012-11-13 22:23 | Report Abuse

Maybe bbull is one of the taukeh who goreng stocks. That's why he knows that info lah... Tell us, bbull when u 1 to goreng this stocks.

lennon

33 posts

Posted by lennon > 2012-11-17 02:32 | Report Abuse

bbull heard from his another side!

Posted by nicholai1983 > 2012-11-21 13:59 | Report Abuse

today no successful trading, volume = 0

Posted by Matsaham Mashuk > 2012-11-21 14:03 | Report Abuse

Hmm.pls don't buy low volume stock.Smile--)

Posted by nicholai1983 > 2012-11-22 20:46 | Report Abuse

this is not low volume stock, just currently like this, it seem like got shark waiting news

335511

9 posts

Posted by 335511 > 2012-11-22 20:54 | Report Abuse

it is because the latest quarter report haven't announced yet

335511

9 posts

Posted by 335511 > 2012-11-22 20:56 | Report Abuse

if the result is good. it might be back to around 1.0, some more is attached together wit another interim dividend hehe

335511

9 posts

Posted by 335511 > 2012-11-22 21:03 | Report Abuse

if the price is 0.62 is good to enter into this counter, cos everyone waiting the result.

Posted by nicholai1983 > 2012-11-23 22:45 | Report Abuse

result is disappointed

onglah

89 posts

Posted by onglah > 2012-11-24 14:05 | Report Abuse

monday will down below rm 0.60

Meng

118 posts

Posted by Meng > 2012-11-26 12:24 | Report Abuse

last quarter result not good because of lower sales and having scheduled maintenance. board of directors confident will get better result in next quarter. wait and see can drop below 0.55 not. going to buy in more at lower price..

Jjtrader

1,178 posts

Posted by Jjtrader > 2012-11-26 20:56 | Report Abuse

OSK forecast fair value RM 1.02 last quarter and now suddenly cut the target price to Rm 0.66, what type of forecast is this. Last quarter and this quarter is just difference about 3 months and suddenly the fair value difference can be about 40% + . OSK should fire this analyst because he not even can forecast accurately for just 3 months duration. The analyst forecast fair value is just a guessing work like small kids playing 'masak'. Sigh !

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