EVERGREEN FIBREBOARD BHD

KLSE (MYR): EVERGRN (5101)

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Last Price

0.28

Today's Change

+0.005 (1.82%)

Day's Change

0.275 - 0.285

Trading Volume

420,100


8 people like this.

11,551 comment(s). Last comment by curiousq 6 days ago

HowAh

963 posts

Posted by HowAh > 2017-03-11 07:20 | Report Abuse

Sei loh ... Year end ... I die oledi

slts

2,236 posts

Posted by slts > 2017-03-11 08:56 | Report Abuse

dont worry, next week big goreng
sharks collected alot already

Posted by aries_saham > 2017-03-11 13:16 | Report Abuse

I love evergreen

Posted by aries_saham > 2017-03-11 13:33 | Report Abuse

Main reasons my team invest in Evergreen at this level:
1. Technically oversold
2. Share buy back opportunity from company
3. Regular saving from unit trust institutions / fund managers
4. Net cash projection forecast from financial analysis starting year 2017.
5. Weakening of Ringgit against USD

If u guys interested for discussion about Evergreen growth, do email me at ariesjunior@yahoo.com

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 07:36 | Report Abuse

aries_saham, stop telling lies or to calm the bad sentiments in Evergreen. It is heading to a free-falling collapse!



1. Technically oversold

PEAKED IN FIRST WEEK OF 2016 AND IT HAS COLLAPSED SINCE THAT TIME. LOOK AT CHART. IT IS TRADING BELOW 100-DAYS MOVING AVERAGE AND IS ABOUT TO GO BELOW 200-DAYS MOVING AVERAGE. ONCE IT IS BROKEN DOWN, THERE IS NO STOPPING.

2. Share buy back opportunity from company

UNTIL NOW, NO SHARE BUY BACK IS EVER DONE. THIS IS DUE TO EVERGREEN'S WEAK FINANCIAL SITUATION. GO LOOK AT ITS BALANCE SHEETS AND U WILL KNOW IT AMASSED MASSIVE DEBTS RM 205,257,000 AND ITS CASH IS INSUFFICIENT BECAUSE HAVE TO PAY THE GIANT TRADE PAYABLE AND OTHER SHORT TERM LIABILITIES.

3. Regular saving from unit trust institutions / fund managers

ANY SUCH THING? WHERE IS PROOF? NO PROOF, DON'T TALK COCKS.

4. Net cash projection forecast from financial analysis starting year 2017.

THIS IS SO DAMN WRONG. EVERGREEN GOING NET CASH? U CAN DREAM THIS IN 3 YEARS LATER. LOOK BACK WHAT I CALCULATED FOR U ALREADY.

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

5. Weakening of Ringgit against USD

THIS IS GOOD FOR EXPORTERS BUT EVERGREEN RELIES ON 95% OF ITS REVENUES FROM MDF AND 5% FROM RTA ONLY. WHEN EXPORT PRICE FOR MDF COLLAPSE, WHAT HAPPEN TO ITS REVENUES? TOO RISKY AND NOT DIVERSIFIED.

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 07:58 | Report Abuse

Bad times ahead for the Malaysian economy. Best u accumulate shares of companies that are cash-rich with low debts and still posted steady double-digit profit growth, HEVEA is one of them. There are a few good ones out there doing exports because the RM will be subdued due to Malaysia's election & political risks and also further strengthening of USD with more Fed's rate hikes this year so RM is going to be weak for longer time.

ylyer

61 posts

Posted by ylyer > 2017-03-13 09:10 | Report Abuse

And what other?

Posted by aries_saham > 2017-03-13 10:03 | Report Abuse

I love evergreen

Posted by aries_saham > 2017-03-13 10:13 | Report Abuse

Invest in future...more reliable

Posted by aries_saham > 2017-03-13 10:14 | Report Abuse

The art of investing. ...only those who master it will success.

ylyer

61 posts

Posted by ylyer > 2017-03-13 10:17 | Report Abuse

ya , but no this evergrn

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 10:28 | Report Abuse

Evergreen's future is weak. Massive debts, low cash after huge short term liabilities, inconsistent profit margins. What else is it can offer or any clear sign or indication that it can deliver better profits or growth?

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 11:49 | Report Abuse

Where are these self-comforting losers/clowns?

Dolly_chai
Stockraider
Evergreen5101
Jackng6

Must be lose so much money until bankrupt after borrowed margins and brokerages forced sell their margin contracts! Really "dai sei" people. Told them don't gamble. Worth a laugh on them for trying to ask people to buy and support when fundamentals not so good.

See who's laughing now?

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 12:17 | Report Abuse

Star come Evergreen everyday come talk 3 talk4....but don he know Evergreen is now very steady stage....in fact accumulation stage mah....!!

Just look at his hevea....everyday dropping....not steady loh....!!
Better just sell hevea n buy Evergreen loh....!!

Do it b4 hevea management con all ur monies loh...!!

Posted by Dolly_Chai2 > 2017-03-13 12:35 | Report Abuse

haha... raider.. no matter how u advise this idixt to avoid HEVEA.. he is so stubborn and stupxd and wont listen one la...

nvm la.. let him buy his HEVEA we buy our evergreen.... lets see the results by year end...

Posted by Dolly_Chai2 > 2017-03-13 12:36 | Report Abuse

he is buying into a fairly priced-in stock.. we are buying into a undervalued stock..

that is the main difference...

Posted by Dolly_Chai2 > 2017-03-13 12:37 | Report Abuse

To Mags:

from what you wrote and on your act of cutting loss... i can tell that you are a complete loser..
haha.. pls la.. write something more informative and constructive.. not shxt or nonsense..

u r just a typical short-term speculator who does not even understand what investment is all about...

come, meet your friend sxckperformer here...

Posted by Dolly_Chai2 > 2017-03-13 12:40 | Report Abuse

there are 2 things that i can understand from what you wrote:
1) first, you acknowledge/admit that Evergreen's fundamentals are strong
2) second, as mentioned above, you feel that these nice numbers are "shit / fake" and not real... are u the auditor of evergreen's account? you have audited their accounts and found out they made fake numbers? if yes, please flag this to SC, pls ya....

else, stop talking cxck... u lose money in Evergreen as you fully deserve it, LOSER!!!

starperformer

1,443 posts

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

LOL u really blind? Where is Hevea's stock price? Where is Evergreen's stock price?

Evergreen has no hope with profit margins squeezed. High debts, low cash after giant short term payable and other liabilities. Run out of cash and urgent need of fund-raising cash-call soon that is why insiders dumped Evergreen shares hard. only idiot like stockraider and his other disciples buy and seeing their money burnt.

starperformer

1,443 posts

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

Sor zai Dolly lose so much money in Evergreen until become mentally unstable.

How is a company spent RM30-50m annually on CAPEX since 5 years ago but unable to deliver double-digit profit margins and inconsistent over the years? Management siphoned money or corruption within the company? Dolly will have no answer.

Why the MASSIVE debts RM 205,257,000 barely been reduced over the years? Evergreen earns just RM 17.86m per quarter so how long does it need to repay the debts or break-even?

So u keep singing Evergreen is undervalued? Let me show u an example similar to it. That similar case is LONBISC which is even MORE undervalued than EVERGREEN lah then what happened to its stock?

LONBISC makes consistent profits every quarter. Its share price is RM 0.755 to its NTA 2.16 and yeah that is about 3.15x times cheaper to its NTA. How does it perform over the years? Fallen and consolidated over the years.

U must be seeing it is similar to EVERGREEN such as INCONSISTENT dividend payout among others.

Latest quarter report has shown clearly here:
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=194811&name=EA_FR_ATTACHMENTS
Evergreen
Cash: 160,308,000
Total borrowings: 205,257,000
Total liabilities: 388,027,000

Cash - Total borrowings = (-44,949,000)
Cash - Total liabilities = (-227,719,000)

EVERGREEN is a TOTAL "NET DEBTS" company!! It earns only averagely RM 17.86m of Net Profits per quarter. So how does it able to do so many things like the following leh:

1) CAPEX averagely RM 30m annually
2) Give out dividends to retain long-term investors/shareholders? Not enough cash.
3) Restarting particleboard segment
4) Starting RTA

HOW DO U THINK EVERGREEN IS ABLE TO "FORK OUT" MORE MONEY TO SPEND THIS YEAR?

BORROW MORE MONEY? FUND-RAISING?

Insiders must be dumping hard. When RIGHTS ISSUES exercise is announced, u wished that u should have run earlier.

U see the following dividends history of EVERGREEN:

FY05: 33 sen
FY06: 5 sen
FY07: 7 sen
FY08: NONE
FY09: 4 sen
FY10: 5.5 sen
FY11: 1.5 sen
FY12: 1 sen
FY13: NONE
FY14: NONE
FY15: 1 sen
FY16: NONE. Only Bonus Issue 1:2

With the MASSIVE BORROWINGS and INSUFFICIENT CASH, this NET DEBTS company is CLEARLY UNABLE TO GIVE OUT DIVIDENDS. So how does it keep or RETAIN its Existing Shareholders or Investors leh?

Mags

65 posts

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

Starperformer let Dolly & gang masuk jail la they probably pick up and accumulated want to be rich overnight like you say that shit stock only break even 11.5 quarter time meaning to say their investment being lockup for at least 3 years minimum can't sell also cos is a corner stock. When they sell the probability is sell down cos no volume so sure rugi therefore they rather served their jail term until Evergrn start to fly which in their fictitious dream this will ever happened. If free go buy a basket of fruits go visit them la

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 13:41 | Report Abuse

Mags, One of them borrowed margins to play this stock. All I can say is that person is owing the brokerage firm a lot of money. It's also funny that person is using multiple ID to promote this stock. Funny, right?

Told him don't gamble lah but he being stubborn. Now he owe a lot of money and still suffering HUGE paper loss.

I just posted based on REAL FACTS to warn but that loser started to be abusive. Look what happened to Evergreen now...all dirt on surface.

Posted by aries_saham > 2017-03-13 14:02 | Report Abuse

I love evergreen

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 14:23 | Report Abuse

Today hevea price dropping and evergreen upping mah....!!

RUN B4 TOO LATE HEVEA....THE MANAGEMENT WILL CON ALL UR MONIES LOH...!!

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 14:50 | Report Abuse

LOL how much Evergreen fallen? Evergreen's future not so bright loh. Better buy Hevea if u don't want to regret.

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 14:53 | Report Abuse

aries_saham@Evergreen5101, u lose until bankrupt? Why no use Evergreen5101 ID anymore? LOL

Banks start to take back ur properties next month, right? I told u don't pawned them to play in stock market. Now u cry also no use. LOL

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 14:55 | Report Abuse

Stockraider, I pity u so much. How much money u lose? If u need financial assistance, u can ask me nicely. LOL

Posted by Dolly_Chai2 > 2017-03-13 15:21 | Report Abuse

haha... sxckperformer aka know-everything-god...

how did u know someone here used margin/borrow money to buy evergreen?

you must be GOD.. haha...

then why u dare not swear with ur balls on all the fake accusations you had made?

where are ur balls? eaten by doggies?

Posted by Dolly_Chai2 > 2017-03-13 15:24 | Report Abuse

and again ya.. ur grandma story:

- look at the massive DEBT now...
- look at the share price now...

are u blind or what?

U have not read my explanations?

Massive debt? r u kidding me? what is its net debt/equity ratio?
share price now? SPECULATOR... i dun care the price now.. i care when it can reach in mid to long term...

this is the main difference betw me (value investor) and you (loser speculator)

Posted by Dolly_Chai2 > 2017-03-13 15:26 | Report Abuse

u have been saying that you are givng facts...
come on la. dun laugh die me...

even new-comer myongcc5 can tell who has wisdom and who is just a jerk...

very obvious la.. stop tweaking and manipulating ur so-called "facts" la plz... it is very digusting u know?

to me, u r just a low-class kindergarten kid who does not even understand basic accounting ratios, but boasts like a PHD graduate... not disgusting meh? pui!!!!

Posted by Dolly_Chai2 > 2017-03-13 15:26 | Report Abuse

u better sau pei la...

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 15:34 | Report Abuse

It is widely known that this useless faih-chai Dolly loves balls. He talks of balls everyday. If u so love other peoples' balls then u can go to gay bars and not here. LOL

WOW why Evergreen fallen from 0.98 to 0.86 leh? Fundamentals no good loh. Need more convincing facts then read what I exposed lah. All dirt are on surface mah. The Faih-Chai Dolly stuck in it so deep he will sing to defend evertime. Ha ha!!

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 16:54 | Report Abuse

Hevea....very lousy loh......!!
Come down again.....how come evergreen can up leh ?

This is bcos hevea.....is a con stock...many management want to curi ur monies loh...!!

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 17:02 | Report Abuse

I pity u stockraider but not faih-chai Dolly.

Did u ask or tell Evergreen's management to reduce that MASSIVE debts? Not good for shareholders. LOL

Also did u ask them "WHY" the company spent RM30-50m CAPEX annually for many years already but profit margins so inconsistent and underperformed? Maybe someone in the company siphoned money out back to Taiwan? Hmm...

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 17:13 | Report Abuse

Latest update on evergreen on raider gang investment

Total 4.070M units @ rm 0.9293 rm 3.7605 M
Bought 350k @rm 0.875 rm 306.25k

Total 4.42M units @ 0.92 Rm 4.06675M

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 17:14 | Report Abuse

Evergreen very steady loh.....!!
Going up....whereas Hevea come down loh....!!

Evergreen good fundamental....whereas Hevea a con stock loh...!!

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 17:16 | Report Abuse

Wei stockraider, u don't be stubborn lah. LOL

Hevea shareholders receiving dividends this week loh. Dump all ur Evergreen cut lost loh. Evergreen in MASSIVE debts CANNOT AFFORD to give out dividends lah. Don't be stubborn, be smart mah. LOL

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 17:16 | Report Abuse

U r not blind.....!!
Evergreen up Rm 0.01 whereas Hevea down Rm 0.02....!!
Just compare u know....how a con stock Hevea is mah....!!

starperformer

1,443 posts

Posted by starperformer > 2017-03-13 17:22 | Report Abuse

Hevea is too solid lah. Hold Hevea can sleep well at night while u have nightmares if u keep holding Evergreen shares and no dividends some more.

Compare mah:

HEVEA
Cash: 128,443,000
Total borrowings: 15,489,000
Total liabilities: 93,118,000

Take the latest 4 quarters results:
(28.006m + 17.233m + 15.161m + 20.268m) / 4 qtrs = 20.167m averagely Net Profit per qtr.

Hevea earns RM 20.167m of net profit per qtr.

Hevea has a lot of cash & you must be envy. How is Evergreen doing? LOL

EVERGREEN
Cash: 160,308,000
Total borrowings: 205,257,000
Total liabilities: 388,027,000

Take the latest 4 quarters results:
(17.483m + 16.88m + 16.459m + 20.619m) / 4 qtrs = 17.86m averagely Net Profit per qtr.
Evergreen earns RM 17.86m of Net Profit per qtr.

HUGE Difference mah.

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 17:28 | Report Abuse

Hevea Where got solid leh ?
NTA only Rm 0.85 when share price Rm 1.49 loh.....!!


Look at Evergreen more solid NTA Rm 1.35 when share price Rm 0.885 mah...!!


Once construction of factory of Hevea start all the cash of Hevea will be siphoned....u will say see share price of Rm 0.65...reflecting a bankrupt company loh....!!

Better sell hevea buy Evergreen or FLB loh....!!
These management don con loh....!!

CUTLOST

5,178 posts

Posted by CUTLOST > 2017-03-13 18:14 | Report Abuse

good..close 885

hankc

182 posts

Posted by hankc > 2017-03-13 19:17 | Report Abuse

Someone is still trying to convince us that companies in capital intensive industries should not borrow to expand but use their internal cash reserve instead. Very sound business planning.

Mags

65 posts

Posted by Mags > 2017-03-13 19:44 | Report Abuse

This issue on borrowing to expand business need Dolly advise la like what Starperformer mentioned how far a company can continue making whilst the debt keep ballooning. You think Evergrn like MAS meh or GLC Ah Jib Kor can bail out when no money and business is down as I say this is a Cina man company not rock solid as Top Glove. By then call for AGM meeting Dolly will go there arm with AK 47 and her Bazooka la.

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 19:49 | Report Abuse

Already says Evergreen borrowing very low....Star analysis wrong loh.........!!

If ur gearing only 0.15 times very high meh ?

What type of rubbish star is talking leh ?

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 19:52 | Report Abuse

REVISION FOR PEOPLE WHO DO NOT UNDERSTAND FINANCING OF EVERGREEN LOH...!!

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....!!

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..!!

stockraider

31,556 posts

Posted by stockraider > 2017-03-13 20:00 |

Post removed.Why?

Posted by aries_saham > 2017-03-13 20:07 | Report Abuse

I love evergreen

Posted by aries_saham > 2017-03-13 20:11 | Report Abuse

Evergreen can give dividend any quarter they want. Doesn't mean have to declare on 4th quarter.

Posted by aries_saham > 2017-03-13 20:11 | Report Abuse

Evergreen policy dividend is 25%

Posted by Khairul Nizam Amin > 2017-03-13 23:47 | Report Abuse

I think Hevea will be broken soon ... will go back 1:20..let see..

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