Certain individual here is trying to convince us that banks (or any borrowers) treat their corporate clients the same way they treat common folks. As if the banks are sending people to Evergreen's factories and start loading equipment onto trucks. I don't claim to know the professional details of corporate financing,but I think people who borrow RM205M have many options available to them. By the way, RM205M is not a lot of money nowadays, especially in capital intensive business operations.
hankc, yes... but of all things well said by optimists like yourself & the others, do u REALLY admit that the cash is enough to fund Evergreen's so many operations and agenda? CAPEX, starting RTA business, among others. Needless to dig into extreme details also u can see the company is in need of more money. To keep existing shareholders to keep invested & not abandoned it, the company needs to at least give out dividends. Money also not enough to do just that.
It is obvious that fund raising will be called. Evergreen is basically get pass by each quarters through cashflow money. Can the company maintain the profit margins going forward?
LOL Evergreen5101, just keep on your words to call yourself that when they announce. I've given u hints on why the heavy selldown for past few days. Ur heart will SINK when u see it yourself soon.
Last month you also day evergreen have to clear the short term borrowing within this quarter... sometime things that you said really make people laugh...cause you got a small and bird brain
when did Evergreen ever collapsed? Evergreen is a hreats to Heveaboard is it? that why you act like this way and try to tarnish Evergreen...come on bird men act like a real men dun be like a girl...
Cash - Total borrowings = (-44,949,000) Cash - Total liabilities = (-227,719,000)
Take the latest 5 quarters results of Net profits: (17.483m + 16.88m + 16.459m + 20.619m + 21.029m) / 5 qtrs = 18.494m averagely per qtr RM 205,257,000 total debts / RM 18.494m NP = 11.1 qtrs to break-even
Take the latest 4 quarters results: (17.483m + 16.88m + 16.459m + 20.619m) / 4 qtrs = 17.86m averagely per qtr RM 205,257,000 total debts / RM 17.86m NP = 11.5 qtrs to break-even
Remarks: Evergreen's massive debts are so huge that it needs at least 12 quarters/ 3 years just to break-even with it while its competitors and peers are embarking on expansion dethroning it from being the largest market cap stock. It is unable to clear out the total liabilities that is why it always need to use loans to keep up with business trades, capex & other things. After minus all debts, it doesn't have cash and if it minus all total liabilities it is even troubling with -227.719m amounts owed.
you want to bet with me? As i have said Evergreen have already bought another 2 company soon will be announce....Things i said on evergreen really materialize as i said before they have acquire 1 company back on 2 months.... If a company got cash problem, why they still can buy company?
You dun even know how to calculate....hahahah only look at a few things and jump into conclusion...what a loser....be more mature la, you think you write this kind of things will affect evergreen:)
Before you talk think twice....5% or 10% can make Heveaboard go down the hill, If Evergreen really want to throw price on RTA, what do you think the outcome for Heveaboard. Do you know who are you talking to?
Use your bird brain.... Continue your massive debts posting, it WILL NOT affect Evergreen, I am just being happy we have supporter like Dolly and Raider. Both of you all will ripe the rewarding profit.
Throw price? RTA is Hevea's main contributor almost 60% revenues that is why Hevea's profit margin is double-digit. See the facts mah why does Evergreen spent so much CAPEX for few years already but profit margin not improved over the years? Ask yourself and answer. Ha ha!!
what a joke...please continue to spread the force rumors.... i want to see if it does not happen...people will shy away in whatever you say....please continue... cause a smart person will not act like you....
From the VERY BEGINNING of my comments history, u can read that I wrote about Hevea's success is due to RTA because of RTA's highly customizable and crafty natures. That is the KEY to its success. Many other peers have followed that direction and so does Evergreen. Just one worthy question only. Why on earth is Evergreen spent so much capex per year RM30m++ averagely but profits & its margin not improved???
Please continue to say about Evergreen cause words come out from your mouth does not come true...People will shy away from you....please continue.....hahaha
See? It's just so easy for u to avoid admitting the facts. Not true? All are facts. Check lah since beginning also all data are taken out from all quarterly/annually reports mah. Did I create fake ones?
my friend do you know how many factory does Evergreen have? Please google how many factory Evergreen have in Malaysia, Thailand & Indonesia....How many factory does Heveaboard have compare to Evergreen?
U argued with me the debts is not massive. RM200m++ is not small. U said also Evergreen is not furniture maker RTA and I showed u with PROOFS then u quickly removed all ur past comments to hide what u said wrongly. Don't be hypocrite lah.
LOL why are u talking number of factories now? Less numbers but more efficient factories are way better than more factories which can incur more expenses to run. Don't tell me like this also u cannot think.
My friend my peace of advice to you.... You are stepping at a GIANT Tale....at first we have nothing and really admire heveaboard success ever his son Yoong Hau Chun take over...If we want to go and compete with hevea we can destroy the margin that hevea in enjoying a double digit margin on RTA because of you....check my profile if you know who am i....
Cash - Total borrowings = (-44,949,000) Cash - Total liabilities = (-227,719,000)
Take the latest 5 quarters results of Net profits: (17.483m + 16.88m + 16.459m + 20.619m + 21.029m) / 5 qtrs = 18.494m averagely per qtr RM 205,257,000 total debts / RM 18.494m NP = 11.1 qtrs to break-even
Take the latest 4 quarters results: (17.483m + 16.88m + 16.459m + 20.619m) / 4 qtrs = 17.86m averagely per qtr RM 205,257,000 total debts / RM 17.86m NP = 11.5 qtrs to break-even
Remarks: Evergreen's massive debts are so huge that it needs at least 12 quarters/ 3 years just to break-even with it while its competitors and peers are embarking on expansion dethroning it from being the largest market cap stock. It is unable to clear out the total liabilities that is why it always need to use loans to keep up with business trades, capex & other things. After minus all debts, it doesn't have cash and if it minus all total liabilities it is even troubling with -227.719m amounts owed.
Cash - Total borrowings = 112,954,000 Cash - Total liabilities = 35,325,000
Take the latest 5 quarters results of Net profits: (28.006m + 17.233m + 15.161m + 20.268m + 25.693m) / 5 qtrs = 21.2722m averagely per qtr RM 15,489,000 total debts / 21.2722m NP = 0.73 qtr
Take the latest 4 quarters results: (28.006m + 17.233m + 15.161m + 20.268m) / 4 qtrs = 20.167m averagely per qtr RM 15,489,000 total debts / 20.167m NP = 0.77 qtr
Remarks: So Hevea's debts are so small according to its own earning power per quarter. Its cash keeps adding up at least RM 20m each qtr. Just 1 qtr is enough to clear out the debts and even after clearing the total liabilities, it has RM 35.325m EXCESS CASH.
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hankc
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Posted by hankc > 2017-03-07 15:50 | Report Abuse
Certain individual here is trying to convince us that banks (or any borrowers) treat their corporate clients the same way they treat common folks. As if the banks are sending people to Evergreen's factories and start loading equipment onto trucks. I don't claim to know the professional details of corporate financing,but I think people who borrow RM205M have many options available to them. By the way, RM205M is not a lot of money nowadays, especially in capital intensive business operations.