Posted by Dolly_Chai > 2017-02-10 12:22 |

Post removed.Why?

Posted by Dolly_Chai > 2017-02-10 12:23 | Report Abuse

and keeps promoting Hevea as very likely he is stuck in Hevea (follow what he said, keep promoting = stuck in that share)...

Posted by Dolly_Chai > 2017-02-10 12:27 | Report Abuse

as I have pointed out that Hevea is fairly priced in now and there is no margin of safety to invest in it...

just see what SleepyBryant said.. do some basic ev/ebit or ev/ebitda valuation u will know...

but for idiot and kindergarten level loser like sxckperformer, can we expect him to understand these valuations/formulas?

haha... acted and talked like sifu in fundamentals but when i showed him free cash flow yield calculation, he said he did not understand and these are financial jargons..

haha... see, typical loser...

A said: 1+1=2
Sxckperformer: dun use financial jargons, useless.. bcoz i am dumb and i dun understand so they are useless..

see.. this kind of "not willing to learn new things" and "always wanna win and think he is right" attitude, can have any success in life?

haha... dun say i dun put money in his pocket... FOC one....

Posted by Dolly_Chai > 2017-02-10 12:29 | Report Abuse

raider, no need tell idixt like sxckperformer what margin of safety is.. u think kindergarten level idixt like him will understand meh? haha...

let him keep investing in his hevea la... let's see who make more profit% by end of this year...

Posted by starperformer > 2017-02-10 12:32 | Report Abuse

LOL someone revealed to me with multiple ID.....LMAO

Posted by stockraider > 2017-02-10 12:35 | Report Abuse

Talk no use...just wait for result for evergreen loh....!!
Evrgreen management has great integrity loh...!!

For Hevea...owner siphoning monies thru 750% profit on land sales,,,already started loh....!!

Next even bigger scam is siphon big monies thru building factory...!!

Posted by starperformer > 2017-02-10 12:37 | Report Abuse

WOW u change job to become fortune-teller can foresee future? At least I write based on facts which is clearly seen reported by ur company.

Posted by starperformer > 2017-02-10 12:39 | Report Abuse

What is the matter when someone commented on ur beloved stock? This is free world. LOL

Posted by starperformer > 2017-02-10 12:40 | Report Abuse

Do u see me scold ppl in Hevea? No mah. I welcome comments but I will debate all rounded supported with facts.

Posted by starperformer > 2017-02-10 12:41 | Report Abuse

That is why both ur words cannot be trusted loh because clearly u both are stuck in Evergreen. Too bias.

Posted by stockraider > 2017-02-10 12:42 | Report Abuse

Posted by stockraider > Feb 10, 2017 12:40 PM | Report Abuse X

Is my right to highlight the owner siphon 750% profit thru land deals mah.....!!

Posted by FreeAsKukuBird > 2017-02-10 12:43 | Report Abuse

Enough lo starperformer...later they pee in their pants.

Posted by starperformer > 2017-02-10 12:44 | Report Abuse

Sell land is siphon? Then everyday also got siphon everywhere everything? LOL

Posted by starperformer > 2017-02-10 12:45 | Report Abuse

Upcoming result is the Quarter No. 4 which is ending the Financial year. All current short-term debts MUST BE SETTLED and Evergreen does not have enough cash money to settle it therefore it needs to raise more debts to fund the settlement. Check below:

SHORT-TERM LIABILITIES:
107,633,000 (Short-term borrowings)
41,400,000 (Trade payables)
89,985,000 (Other payables)
3,716,000 (Provision for taxation)
10,000 (Derivatives)
= 242,744,000 TOTAL CURRENT LIABILITIES

NOW TOTAL CASH BALANCE: 141,018,000

141,018,000 - 242,744,000 = (-101,726,000) short of this amount.

Even the upcoming profits also cannot cover this amount. Can Evergreen earn more than this amount in the coming result? That is why more debts will be seen in the upcoming result.

Posted by stockraider > 2017-02-10 12:46 | Report Abuse

Sell to sendiri olang make 750% not siphon, then what ?
Tell me....which related party make 750% profit on land leh ?

Posted by Dolly_Chai > 2017-02-10 12:49 |

Post removed.Why?

Posted by starperformer > 2017-02-10 12:50 | Report Abuse

Why u both so angry leh? I talk about Evergreen's debts only mah. LOL

Posted by Dolly_Chai > 2017-02-10 12:51 |

Post removed.Why?

Posted by starperformer > 2017-02-10 12:51 | Report Abuse

If u stuck then wait loh, no need blast ur anger out at once mah

Posted by starperformer > 2017-02-10 12:53 | Report Abuse

Which facts that I manipulated? If u can answer and point it out then I want to see if u are a liar. Truth is I never manipulate facts....all data are taken out from quarterly/annual reports. So u are saying ur company is reporting fake n false?

Posted by stockraider > 2017-02-10 12:53 | Report Abuse

Po

If u stuck on Hevea then wait loh, no need blast ur anger out at once mah

Posted by Dolly_Chai > 2017-02-10 12:55 | Report Abuse

let me give him more example since he is kindergarten level..

let's say
Short Term (ST) Debt (at Dec 31 2016)= 1million - this means company have to settle this 1million in 4 quarters (or one year)
Lets say Company paid 200K on Jan 20, 2017, then borrow ST debt 120K on Feb 6th.

At Feb 6th, the short term debt balance is revised to be 1million - 200K + 120K = 920K...


see? it is a live thing, keeps changing and the "balance" should be settled in one year, not in Q4...

if u dunno just keep quiet la..

Posted by starperformer > 2017-02-10 12:56 | Report Abuse

WOW u must be deeply stuck here. Can classify u as BIAS already for whatever good-good stuff u said about Evergreen. Be neutral mah. Unlike u, I've always welcome comments. Ha ha!!

Posted by Dolly_Chai > 2017-02-10 12:57 |

Post removed.Why?

Posted by starperformer > 2017-02-10 12:58 | Report Abuse

Dolly zai, people are not blind. They can see the trend of the share price between Hevea and Evergreen. Always remember this:

"The share price trend is the reflection of it's fundamentals."

Posted by Dolly_Chai > 2017-02-10 12:59 |

Post removed.Why?

Posted by starperformer > 2017-02-10 13:01 | Report Abuse

It will be reflected in the balance sheet soon. U will lose ur credibility. U better keep low profile now because later u will be shamed when the quarter 4 report announced.

Posted by Dolly_Chai > 2017-02-10 13:02 |

Post removed.Why?

Posted by Dolly_Chai > 2017-02-10 13:03 |

Post removed.Why?

Posted by Dolly_Chai > 2017-02-10 13:04 | Report Abuse

what is free cash flow, what is free cash flow yield, what is ev/ebit, what is ROIC, what is discounted cash flow valuation, what is discounted dividend model... these are jargons to u...

Posted by starperformer > 2017-02-10 13:04 | Report Abuse

Did I hide all details about Hevea? No mah. I talked about it too. Both u said nasty things about Hevea also I welcome because the balance sheet of Hevea is so solid and managed well. Debts is so low in Hevea but too bad for Evergreen has RM 200m++ debts. Just ask urself simple question.

FOR EVERGREEN, HOW MANY PROFITABLE QUARTERS ARE NEEDED TO REPAY IT'S GIANT DEBTS?

Posted by Dolly_Chai > 2017-02-10 13:04 | Report Abuse

short term debt also dunno... pls la.. dun act and talk like an expert... i wanna vomit d.. disgusting... go back ask ur kindergarten teacher

Posted by starperformer > 2017-02-10 13:05 | Report Abuse

EVERGREEN
Financial quarter 30 Sep 2015: Net Profit 27,586,000
Financial quarter 31 Dec 2015: Net Profit 21,029,000
Financial quarter 31 Mar 2016: Net Profit 20,619,000
Financial quarter 30 Jun 2016: Net Profit 16,459,000
Financial quarter 30 Sep 2016: Net Profit 16,880,000

27.586m + 21.029m + 20.619m + 16.459m + 16.88m = 102.573m

102.573m / 5 = 20.5146m median average of NP for latest 5 quarters

RM 216,585,000 (Total debts) / RM 20,514,600 (NP: Median average) = 10.5x times

That means Evergreen needs at least 10-11 quarters or more just to break-even with the total debts while most competitors are already in net cash position! I have not taken into consideration of the interest charges of the giant debts over RM 216.585m so it will definitely take longer than 12 quarters just to break-even with that mountains of debts.

12 QUARTERS = 3 YEARS needed to break-even with giants of debts. That's if they do everything right & net profit does not fall further per quarter. Remember that it's NP has been falling for 5 consecutive quarters!

*Long-term borrowings interest: If based on 6.85% interest rate. RM 108,952,000 x 6.85% p.a. = RM 7,463,212 p.a.

(RM 7,463,212 p.a. / 12) x 3 months = RM 1,865,803 interest payment to banks per quarter. This will add up to the NP be reduced further hence longer period or more quarters just to break-even with the giant debts!

Posted by Dolly_Chai > 2017-02-10 13:07 |

Post removed.Why?

Posted by Dolly_Chai > 2017-02-10 13:07 | Report Abuse

pretend u din see? blind kar?

Posted by Dolly_Chai > 2017-02-10 13:07 | Report Abuse

with actual data, ok?

evergreen net profit margin is 9.1%... what is the cost/interest rate for loan? higher than this?

Posted by Dolly_Chai > 2017-02-10 13:09 | Report Abuse

and more importantly.. the capex will end (will stop and no longer need more money to expand at certain point).. but the effect from expansion will get into more and more mature with higher and higher margin from time to time (of course will then stop too)...

but what i said here is.. the margin still has room to grow, but the capex will reduce

Posted by starperformer > 2017-02-10 13:10 | Report Abuse

U better clean ur mouth if not admin sure ban u soon LOL

Posted by Dolly_Chai > 2017-02-10 13:10 |

Post removed.Why?

Posted by starperformer > 2017-02-10 13:10 | Report Abuse

Why gone berserk today? Oh yes...evergreen share price is falling fast. Can't blame u LOL

Posted by Dolly_Chai > 2017-02-10 13:11 | Report Abuse

i rather admin ban me than letting hypocrite like u shout with manipulated nonsense

Posted by Dolly_Chai > 2017-02-10 13:11 |

Post removed.Why?

Posted by Dolly_Chai > 2017-02-10 13:12 |

Post removed.Why?

Posted by starperformer > 2017-02-10 13:13 | Report Abuse

U keep saying me manipulate facts? WHICH EXACT FACTS that I manipulate? If u cannot tell then u are blindly accusing and scolding just because of your anger. Keep cool mah. Share price fall is not caused by me, okay! Ha ha!!

Posted by FreeAsKukuBird > 2017-02-10 13:15 | Report Abuse

Stop firing lah both of u.
This forum is open and free to discuss.
No need curse others.

Posted by starperformer > 2017-02-10 14:46 | Report Abuse

Justice is served on Dolly. Always remember that:

"The share price trend is a reflection of it's fundamentals"

Posted by yfchong > 2017-02-10 15:24 | Report Abuse

bro star......2015 evergreen conduct private placement of 12M.... let see what us the outcome...

Posted by starperformer > 2017-02-10 16:43 | Report Abuse

It will be pressed down. Once 0.96-0.95 is cleared it will be all the way below. No point fight

Posted by yfchong > 2017-02-10 16:47 | Report Abuse

probably collect low..... nta 1.35 cts...

Posted by starperformer > 2017-02-10 17:13 | Report Abuse

There are many stocks that seems to have good fundamentals and with share price about one fold below NTA. You may want to reconsider not to enter into it because the downward pressure may push it to 0.68

Remember that this is a downtrend stock.