Posted by steady31 > 2015-05-14 12:27 | Report Abuse

goodbye 110. lift off to hopefully break 127.

Posted by steady31 > 2015-05-14 17:00 | Report Abuse

closing at 115 is above down trendline,and with volume is a credible indicator for resumption of uptrend.stay long for a target of 150

Posted by Alex Chan > 2015-05-14 17:04 | Report Abuse

amazingly, how can this stock compare to Homeritz?

Posted by steady31 > 2015-05-14 17:14 | Report Abuse

no comparison bcos homeriz is limited by production capacity.how to grow profit if revenue cannot grow.evergrn capacity has hit 1B previously and if profitability returns, previous net profit levels of over 100m is possible.In that event look for a price of 180-200

Posted by kmohan62 > 2015-05-15 08:02 | Report Abuse

This counter is poised to take off...any investor,I mean investors not speculators or punters yet to come aboard...this is the last call for boarding...

Posted by Christensen > 2015-05-15 08:12 | Report Abuse

Evergreen will give bonus issues soon
How can you missed twice of the oppurtunity
Of course if evergreen can perform

Posted by Jackycheah > 2015-05-15 09:33 | Report Abuse

Good opening this morning

Posted by publicchoo > 2015-05-15 11:00 | Report Abuse

Agree, forever green todayonward.

Posted by madmoney > 2015-05-15 11:48 | Report Abuse

Their assets alone are worth 1.62 per share, been oversold and undervalued, its true value like HLIB says will reveal itself very very soon

Posted by publicchoo > 2015-05-15 12:18 | Report Abuse

wait quarter report out^^

Posted by eftee > 2015-05-15 13:53 | Report Abuse

Should be good

Posted by BURSAMASTER > 2015-05-17 21:31 | Report Abuse

Evergreen Fibreboard may trend up after breaching the downtrend line and 50-day MAV line. Traders may buy as a bullish bias could be present above the MYR1.13 level, with a target price of MYR1.25, followed by MYR1.33. The STOCK may fall and consolidate further if it cannot maintain above the MYR1.13 mark in the near term. In this case, further support is anticipated at MYR1.05, where traders can exit upon a breach to avoid a further correction.

Posted by kmohan62 > 2015-05-18 11:10 | Report Abuse

There is a high likelihood that the company may embark on a share buyback exercise especially so when it is able to show some descent profit in the coming quarterly result..this in turn will enhance its NAV per share vis-a-vis its overall value.The company might even give out these shares as bonus to reward its loyal shareholders..

Posted by Muhammad Salman > 2015-05-18 12:19 | Report Abuse

gogog nice volume

Posted by steady31 > 2015-05-18 12:51 | Report Abuse

what is certain is the industry prospects is as bright as in 2007-2008 period .that was when evergrn was booking 20-30m profit per quarter translating to a annual eps of 16-24 cents and paying a dividend of 4-8 cents.Going forward oil / resin cost and rubberwood cost is expected to be low for sometime.another big positive is bank borrowing, now at its lowest .These factors plus the co were to start paying good dividend should booster the share price to challenge the previous high of 2.00

Posted by Happyzai > 2015-05-18 23:01 | Report Abuse

Heard result will be very good. Buy anything below 1.2

Posted by user > 2015-05-19 10:37 | Report Abuse

1.60 in making, don't missssssss......

Posted by madmoney > 2015-05-19 10:50 | Report Abuse

Slowly and quietly advancing ... It is difficult to believe that some of the biggest players like UBS Asset Management, Credit Suisse Investment Bank and Lembaga Tabung Haji actually hold substantial stake in Evergreen

Posted by madmoney > 2015-05-19 10:50 | Report Abuse

Not to mention Hong Leong of course

Posted by sunztzhe > 2015-05-21 09:00 | Report Abuse

The controlling shareholder cum management had spent time and money to improve on EVERGREEN biz model to be cost competitive, responsive, improved delivery time and provide consistent quality products (MDFF and Particle board) and that had started to yield results starting Q3 2014 onward. The improved biz model will empower EVERGREEN to continue to improve on its EPS...as its future EPS grows..its future share price will also respond positively !!!

I will not be surprised if its future share price surpasses its all time high of 1.86 @ 23/5/2007

Posted by klmanutd > 2015-05-22 18:51 | Report Abuse

Good Q1 result

Posted by Jackycheah > 2015-05-22 20:28 | Report Abuse

The Q1 result proved what sunztzhe comment, Evergreen is in uptrend.

Posted by 817065 > 2015-05-22 23:08 | Report Abuse

Evergreen is surely on its way back to its glory days again. Management had sacrificed so much in the past few years. They are seeing the fruits now.

Posted by kmohan62 > 2015-05-23 19:14 | Report Abuse

Next stop...share buy back followed by bonus issue...keep your fingers crossed.

Posted by evertcl > 2015-05-24 13:54 | Report Abuse

Mind me asking, anyone having the info on how big is the rubber tree land does evergreen own in Indonesia?

Posted by Jackycheah > 2015-05-25 08:45 | Report Abuse

Should have a very strong opening today

Posted by 817065 > 2015-06-02 12:40 | Report Abuse

Evergreen looks grossly under valued now with dollar so strong versus ringgit. I think bulk of their sales are priced in dollars.

Posted by cschai > 2015-06-02 17:18 | Report Abuse

60-70% of their sales from export market,i.e in USD

Posted by kmohan62 > 2015-06-02 20:24 | Report Abuse

The management could be anticipating a much better profit in the next quarters..as such I am sure they would have decided to embark on a share buyback programme if not already doing so after getting shareholders mandate...this counter is on an upward trend albeit in a jagged manner...expecting it to touch the RM 2.00 threshold by the end of the year as all major indicators are showing positive sign..i.e the strengthening of US dollars vis-a-vis RM,home sales in US soaring more than 6% with housing starts increasing about 9% yoy,overall US economy already on a strong footing,most major furniture exporters especially to the US showing unabated profit uptick.I have put 100% of my investment money in this counter and decided to shut my eyes and ears until the end of the 4th quarter.

Posted by 817065 > 2015-06-03 13:28 | Report Abuse

Also once their Malaysian particle board plant has been completely revamped using latest technologies, (which they seemed to have been doing for the past 1 year) their quarterly profits will surely jump up tremendously. I think their profits will exceed their previous record.

Posted by whitesheep > 2015-06-03 15:04 | Report Abuse

need to close above 1.26 so that can keep the strength for new high later

Posted by 817065 > 2015-06-03 15:17 | Report Abuse

I think this counter is trading very well below its current net assets per share! Definitely under valued.

Posted by Drunk Panda > 2015-06-03 21:05 | Report Abuse

shooting star candle pattern , hopefully it stay above 1.2

Posted by 817065 > 2015-06-03 21:19 | Report Abuse

Breaking out of cup and handle formation. Very bullish signal.

Posted by qwerty > 2015-06-04 11:04 | Report Abuse

This is the right time to buy at 1.23 if anyone of you
interested.

Posted by madguy > 2015-06-04 13:11 | Report Abuse

ytd 1.28 almost breakout

Posted by kmohan62 > 2015-06-04 20:29 | Report Abuse

Evergreen is at the cusp of explosive take off... no turning back until the following events take place which is very unlike in the near future:

i. Price of crude petroleum surging to US 100 per barrel,
ii. US dollar vs RM in favour of RM,
iii. Sudden and abrupt slowdown in US economy,
iv. Fed Reserve reducing interest rate,and
v. prolong slowdown in US home sales growth.

Posted by sarariman > 2015-06-06 10:53 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/06/06/New-stocks-to-look-at/?style=biz

Posted by 817065 > 2015-06-06 18:27 | Report Abuse

Very interesting to note that other MDF players in Thailand and Korea are trading at average PE ratios of 16 while Evergreen is now traded at PE ratio of 8. Still a long way to catch up.

Posted by AhSeng > 2015-06-08 11:41 | Report Abuse

Go go go evergrn ....

Posted by evertcl > 2015-06-08 19:14 | Report Abuse

harga hari ini stabil krn LTH tidak jual lagi.

Posted by steady31 > 2015-06-09 09:56 | Report Abuse

D price at 130s was support level in 2010-2011 which should be strong support now that the company fundamentals are improving beyond to the glorious period of 2007-08.Next target 147

Posted by asianstock1 > 2015-06-09 10:15 | Report Abuse

Kenanga buy call, tp 1.50, suppoort 1.28

Posted by Sebastian Sted Power > 2015-06-09 10:24 | Report Abuse

better trust Nangka, not Kenanga

Posted by Kevin Tam > 2015-06-09 20:48 | Report Abuse

Since US dollar is getting stronger n stronger versus RInggit, may hit 3.90 soon, it should be a good buy to buy some export oriented counters like Evergreen. Evergreen last quarter result is picking up, if it can have net profit of 60-70 mil in 2015, its PE just about 8-9, quite low........

Posted by C-put > 2015-06-11 09:27 | Report Abuse

hopefully can break resistance today.

Posted by kmohan62 > 2015-06-11 09:45 | Report Abuse

From my analysis of its performance so far and taking into account the macro economic elements of the stock going forward...by the end of the 4th quarter,it should worth circa RM 2.20.

Posted by 817065 > 2015-06-11 19:21 | Report Abuse

Once Lembaga Tabung Haji tapers down their selling the price will zoom up

Posted by kmohan62 > 2015-06-12 14:07 | Report Abuse

Oil price is a ticking time bomb...may collapse anytime and go on a downward spiral as OPEC keeps on pumping ...

Supply from OPEC countries reached 31.3 million barrels per day in May, the highest levels since August 2012, according to the International Energy Agency.

That means the cartel is producing one million barrels more than the official target OPEC ministers agreed to last week.

And supply from countries outside OPEC -- including the United States -- held broadly steady last month.

Global production continues to outstrip average demand by more than two million barrels per day, despite "unexpectedly strong" growth in consumption, the agency said.

The surplus is sending oil inventories soaring.

OPEC's record output is part of an aggressive effort to keep its market share in the face of fierce competition from the U.S., and others.

Saudi Arabia produced 10.3 million barrels a day in May, a record for the OPEC kingpin.

World oil prices have recovered 40% from their January low of below $45 a barrel, despite what the IEA described as the "lingering supply overhang."

The Paris-based IEA said it expected global supplies to stay strong this year as non-OPEC countries try to defy the price pressure and ramp up production.

But the IEA, which monitors energy market trends for the world's richest nations, said there are early signs that lower oil prices and steep cuts in upstream investment could take their toll on non-OPEC supply.

The U.S. oil rig count has fallen for 26 consecutive weeks, the agency said.

Still, global supplies are three million barrels a day higher than a year ago.

Good news for evergreen's cost of production...

Posted by 817065 > 2015-06-13 12:09 | Report Abuse

Audited NTA per share is 1.67. This means it is now trading at 25% discount to net tangible assets per share. Still a bargain price at this level.