EVERGREEN FIBREBOARD BHD

KLSE (MYR): EVERGRN (5101)

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Last Price

0.41

Today's Change

+0.005 (1.23%)

Day's Change

0.41 - 0.425

Trading Volume

4,955,900


7 people like this.

11,528 comment(s). Last comment by emiteno 1 week ago

Posted by Evergreen5101 > 2017-03-08 12:31 | Report Abuse

Waaaa new skills can simply put words in people mouth geng ah yiu

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 12:34 | Report Abuse

How much u kena forced sell yesterday? Lose kawkaw ah?

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 12:43 | Report Abuse

This article first appeared in The Edge Financial Daily, on February 7, 2017.


Evergreen Fibreboard Bhd (-ve)

SHARES in Evergreen Fibreboard Bhd (fundamental: 1.8/3, valuation: 1.4/3) triggered our momentum algorithm yesterday for the first time since June 2015.

The counter closed down half a sen or 0.51% at 98.5 sen, with 4.52 million shares traded, compared with its 200-day average volume of 3.36 million shares.

The particle board manufacturer’s net profit tumbled 38.8% to RM16.88 million in the third quarter ended Sept 30, 2016 from RM27.59 million a year ago, on lower average selling price of the group’s products.

The group said its quarterly profit was also affected by higher operating expenses, which mainly consisted of lower foreign exchange gain and impairment of goodwill.

Evergreen Fibreboard is currently trading at 0.77 times its book value, and has a market capitalisation of RM837.54 million.

The stock currently has a 12-months price-earnings ratio of 11.17 times.

http://www.theedgemarkets.com/my/article/stock-momentum-evergreen-fibreboard

Posted by aries_saham > 2017-03-08 12:43 | Report Abuse

Evergreen5101... this is my email. ariesjunior@yahoo.com.

stockraider

31,556 posts

Posted by stockraider > 2017-03-08 13:11 | Report Abuse

Latest update on evergreen on raider gang investment

Total 3.470M units @0.93084 Rm 3.23M
bought 100k units @ 0.88 Rm 0.88

Total 3.57M units @ rm 0.943 rm 3.318M


Bought another 100k units at Rm 0.88 1st session...!!

Posted by Evergreen5101 > 2017-03-08 13:14 | Report Abuse

aries_saham....why you give me your email?
Anything? Are you the same gang with starperformer?
or are you with Dolly and raider?

stockraider

31,556 posts

Posted by stockraider > 2017-03-08 13:22 | Report Abuse

Evergreen earns only RM 17.86m per qtr but with RM 205.257m of debt borrowings. Now buys subsidiary to do RTA. Current payables amounting RM 149.521m also have to pay so where got money to pay so many things?

RAIDER SAYS...IF EVERGREEN EARN RM 17.86M PER QTR....PER ANNUM MEANS X 4 LOH = RM 71.44M PER YEAR....!!

THIS MEANS....THE RETURN ON MONIES BORROWED IS RM 71.44M DIVIDE BY RM 206M DEBTS LOH = 35% RETURN PA....VERY EFFICIENT ON DEBTS LOH..!!
COST OF DEBTS ONLY 6% PA

THIS NOT COUNT THE RM 160m CASH EVERGREEN IS HOLDING AS AT 31-12-2016 LOH......!!

SO HOW COULD EVERGREEN BANKRUPT BCOS OF ITS MASSIVE DEBTS AS STAR CLAIMED LEH ??

THATS WHY RAIDER & GANG BUY....BUY...BUY LOH.....!!

STILL ACCUMULATING LOH....!!
BIG MARGIN OF SAFETY MAH....!!

Posted by Evergreen5101 > 2017-03-08 13:24 |

Post removed.Why?

Posted by Evergreen5101 > 2017-03-08 13:26 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2017-03-08 13:26 | Report Abuse

THATS WHY EVERGREEN UP RM 0.02 WHEREAS HEVEA UP ONLY RM 0.01 LOH...!!

BCOS EVERGREEN....A BETTER INVESTMENT MAH...!!

Posted by Evergreen5101 > 2017-03-08 13:26 | Report Abuse

Birdy@starperformer must be having his lunch no reply from his massive debts details.....

Posted by Evergreen5101 > 2017-03-08 13:28 |

Post removed.Why?

Posted by Evergreen5101 > 2017-03-08 13:32 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2017-03-08 13:32 | Report Abuse

LETS STUDY EVERGREEN DEBTS LOH;

TOTAL DEBTS RM 206M
CASH HOLDING RM 160M
NETS DEBTS RM 56M

RETURN ON EVERGREEN PA RM 71.44M

MASSIVE EARNINGS ON EVERGREEN NET DEBTS 127.5% PA

COST OF INTEREST 6.0% PA

NET RETURN PA ON NET DEBTS 121.5% PA

THE 121.5% PA RETURN PA IS EVEN HIGHER THAN AHLONG TYPE OF RETURN MAH..!!

Posted by Evergreen5101 > 2017-03-08 13:33 | Report Abuse

hahahah good one stockraider...you are smart guy...GOOD

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 13:59 | Report Abuse

How much Evergreen collapsed leh? Stockraider doesn't want to admit loh. Ha ha!!

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:00 | Report Abuse

How does Hevea bankrupt when it is in NET CASH leh?

Evergreen is in NET DEBTS mah...the chance to go BANKRUPT is very HIGH !!

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:05 | Report Abuse

Evergreen5101 is angry loh because she is losing a lot of money gambling in Evergreen mah. Later her bets are being FORCED SELL and no one picks it up for her. LOL

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:07 | Report Abuse

Must be happy mah ah Birdie5101....unless u pawned all your 5 properties to play stock market??? Didn't u mentioned u OWED A LOT OF MONEY ???? Look below for evidence what Evergreen5101 said loh:


Mar 8, 2017 12:02 PM | Report Abuse

your skills is only humping on the debts.....i also in debts cause i owe bank alot of money, oh shittttttttttttt.

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:08 | Report Abuse

Oh no....this is deep shit for Evergreen5101 loh... she "OWED BANK A LOT OF MONEY"! Pity her lah. LOL

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:10 | Report Abuse

Birdie5101, why u said like these leh (i re-post it here first for future references) LOL:

Mar 8, 2017 12:00 PM | Report Abuse

Bird Brain i got 5 property and i am paying the bank monthly, so i am also in massive debts....oh my god........I AM IN DEEP TROUBLE.....hahahahahaha

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:12 | Report Abuse

Told u don't borrow banks so much mah. U borrowed banks' money also MUST INVEST INTO NET CASH COMPANY MAH.

Didn't u know EVERGREEN is a NET DEBTS company???? LOL

Posted by Evergreen5101 > 2017-03-08 14:14 |

Post removed.Why?

Posted by Evergreen5101 > 2017-03-08 14:15 | Report Abuse

owe bank money does not mean it is massive debts...look at the assets you have birdy guy....

Posted by Evergreen5101 > 2017-03-08 14:16 |

Post removed.Why?

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:17 | Report Abuse

Afternoon session starts in 15 mins time loh. Those who don't want to get hurt better sell it quick loh. DOn't be like Dolly, stockraider and Evergreen5101 going to suffer BIG LOSSES.

U don't know EVERGREEN is in the Regulated-Short-Selling (RSS) list meh? Look here mah:

http://www.bursamalaysia.com/misc/system/assets/20137/Directive_on_the_List_of_Approved_Securities_270117.pdf

http://www.bursamalaysia.com/market/securities/equities/trading/regulated-short-selling-rss/

adrianghw

73 posts

Posted by adrianghw > 2017-03-08 14:18 | Report Abuse

patient and silence bring a profit, but mere talk leads only to poverty.

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:20 | Report Abuse

Seii Fohh Lohh.....suicide loh....Evergreen5101 just revealed that she used her 5 properties as COLLATERALS at 60% ahhh.....Don't play loh.....later Banks LELONG all your properties then u know. Ur parents know or not? LOL

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:21 | Report Abuse

Aiyo...no wonder she so afraid Evergreen's stock price fall further lah. Now we know. LOL

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:22 | Report Abuse

Mark down Evergreen5101's words first. In future, she doesn't wanna admit. LOL:


Mar 8, 2017 02:14 PM | Report Abuse

hahahaha you cannot read english is it...i have 5 property worth RM5,000,000 but i owe bank RM3 million.... you know how to calculate ar.....sor hai.

Posted by Evergreen5101 > 2017-03-08 14:26 |

Post removed.Why?

Posted by Evergreen5101 > 2017-03-08 14:27 | Report Abuse

property price will go up and appreciate...just giving you an example....you UN mou? can use your brain.....

Posted by Evergreen5101 > 2017-03-08 14:27 | Report Abuse

hahahahhaha

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:31 | Report Abuse

LOL Evergreen5101's personal gearing so HIGH loh at 60%. Why u borrowed so much lah. Property gluts everywhere. Not Singaporean property prices falling meh? LOL probably u cannot unload some assets and look to gamble in Evergreen for quick bucks. Told u don't play and gamble loh.

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:35 | Report Abuse

I hope Evergreen5101 doesn't choose to be suicidal when Evergreen collapsed further. LOL

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 14:37 | Report Abuse

Yesterday what were the TIMING of the HEAVY SELLDOWN ah? I forgotten. Was it 3pm or 3:30pm?

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 15:20 | Report Abuse

.
Untung Sebelum Cukai Evergreen Fiberboard Jatuh Kepada RM88.51 Juta
http://www.bernama.com/bernama/v8/bm/bu/newsbusiness.php?id=1332040

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 15:20 | Report Abuse

HLBank Research Highlights

Results:

4Q16 core net profit of RM13.8m (qoq: -27.6%, yoy: -46.1%) took FY16 core net profit to RM73.6m (-14.5%) The results came in within our expectation, accounting for 97% our full year forecast.


Highlights:

YoY… Core net profit in 4Q16 declined by 46.1% to RM13.8m, affected by lower sales volumes and ASP for MDF products, the absence of deferred tax assets recognition (in 4Q15) and likely losses from sawmill division.

QoQ…. Although revenue rising by 8.4% to RM262.8m (due to higher sales volumes and ASP), 4Q16 core net profit declined by 27.6% to RM13.8m. This was due mainly to higher costs of rubber log wood and glue (which account for about 2/3 of MDF production cost).

YTD… FY16 core net profit declined by 14.5% to RM73.6m, dragged by higher rubber wood log cost, lower ASP for Malaysian operations and higher tax expense, which more than offset improved performance from Thailand operation (due to higher plant utilization rate and lower production costs).


Risks:

Escalating raw material and labour costs;
Weaker-than-expected demand and selling prices for MDF; and
Delay in commencement of new production lines (in particularly, RTA and particleboard).


Forecasts:

We lower our FY17-18 core net profit forecasts by 25.6% and 14% largely to reflect for higher rubber log wood and adhesive price assumptions (which prices have increased by ~20% YTD on the back of weather-induced shortage and higher crude oil price).

Posted by Dolly_Chai2 > 2017-03-08 15:28 | Report Abuse

haha... blxxdy hell sxckperformer only showed part of the HLBank report...

what is their target price???

let me show u...


Results
4Q16 core net profit of RM13.8m (qoq: -27.6%, yoy: -46.1%) took FY16 core net profit to RM73.6m (-14.5%) The results came in within our expectation, accounting for 97% our full year forecast.
Deviations
None.
Highlights
YoY… Core net profit in 4Q16 declined by 46.1% to RM13.8m, affected by lower sales volumes and ASP for MDF products, the absence of deferred tax assets recognition (in 4Q15) and likely losses from sawmill division.
QoQ…. Although revenue rising by 8.4% to RM262.8m (due to higher sales volumes and ASP), 4Q16 core net profit declined by 27.6% to RM13.8m. This was due mainly to higher costs of rubber log wood and glue (which account for about 2/3 of MDF production cost).
YTD… FY16 core net profit declined by 14.5% to RM73.6m, dragged by higher rubber wood log cost, lower ASP for Malaysian operations and higher tax expense, which more than offset improved performance from Thailand operation (due to higher plant utilization rate and lower production costs).
Risks
Escalating raw material and labour costs;
Weaker-than-expected demand and selling prices for MDF; and
Delay in commencement of new production lines (in particularly, RTA and particleboard).
Forecasts
We lower our FY17-18 core net profit forecasts by 25.6% and 14% largely to reflect for higher rubber log wood and adhesive price assumptions (which prices have increased by ~20% YTD on the back of weather-induced shortage and higher crude oil price).
Rating
BUY ( ↔ )

Despite the downward revision in our earnings forecasts, we still see earnings growth potential for the next 2 years, as we believe higher raw material costs will be mitigated by: (1) Strong US$ (HLIB forecast: RM4.30/US$ in FY17-18 from an average of RM4.00/US$ in FY16); (2) The commissioning of second RTA line and new particleboard line (which are expected to contribute to Evergreen’s bottom lines from 2H17 onwards). Besides, valuations are undemanding, at FY17-18 P/E of 8.8x and 8.1x respectively (assuming our earnings forecasts are met).
Valuation
Post earnings adjustment, our TP is lowered to RM1.20 (from RM1.51 previously) based on unchanged 11x revised FY17 core EPS of 10.7 sen. Maintain BUY rating on the stock.
Source: Hong Leong Investment Bank Research - 24 Feb 2017

Posted by Dolly_Chai2 > 2017-03-08 15:28 | Report Abuse

valuation of RM1.20 wor.... why u purposely hide it???


haha...

but i think this valuation is very conservative... should be higher

Posted by Dolly_Chai2 > 2017-03-08 15:35 | Report Abuse

i3 admin... we investors at Evergreen forum here would like to request you to ban this starperformer for giving manipulated info to mislead forumers here...

we have shown him every single proof / calculation / valuation but he still injects nonsense...

pls ban him.. thank you...

Posted by Dolly_Chai2 > 2017-03-08 15:36 | Report Abuse

sxckperformer , why u hide the title of the Hlebank analysis???


Evergreen Fibreboard - FY16 : Results in line

can see or not? Results in line...


very obvious this idixt is manipulating info.... caught red handed..see..

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 15:42 | Report Abuse

Idiot Dolly is always an idiot. LOL

No use Evergreen5101 ID lah? LOL

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 15:43 | Report Abuse

If u are so smart, why is Evergreen's stock price collapsed leh? Mind u answer to die hard fans? Ha ha!!

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 15:45 | Report Abuse

U talked vulgar using Dolly_Chai ID and have to register another one with a pathetic number "2" on it. Why use Evergreen5101 to talk vulgar suddenly yesterday? i3 admin banned Evergreen5101 again? U must be playing with a lot of ID. Serves u right loh.

starperformer

1,443 posts

Posted by starperformer > 2017-03-08 15:48 | Report Abuse

Why is ur Dolly_Chai ID banned in the first place leh? Not ashamed lagi? LOL

stockraider

31,556 posts

Posted by stockraider > 2017-03-08 15:49 | Report Abuse

Aiyah Starperformer u also the same lah....u are also using many ids mah.....!!
U r playing same tricks as describe by u loh...!!

Raider very genuine....only use 1 ids only loh....!!

Posted by Dolly_Chai2 > 2017-03-08 15:51 | Report Abuse

raider... u r wrong... dolly also use 1 ID only..

evergreen5101 is another ID by "freeAsABird" bcoz i think his previous ID was banned due to use of vulgar words (i am fine with these words)...

me too.. my previous ID Dolly_Chai... was banned due to vulgar words which i dun think vulgar...

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