Posted by Yong Ji Yong Ji > 2017-04-18 21:56 | Report Abuse

Hundred trumb up sherlock ..tat y tp 3.0 is posible

Posted by Yong Ji Yong Ji > 2017-04-18 22:10 | Report Abuse

My estimate 280m -320m next q1 revenue ,at less 7%-8%profit ,dividend 5-7% is posible

Posted by Yong Ji Yong Ji > 2017-04-18 22:24 | Report Abuse

strong usd Extra bonus 5% , total profit 11-13%percent tax after should 29m -32m

Posted by Dolly_Chai2 > 2017-04-19 09:15 | Report Abuse

yup sherlock.. i have mentioned all those before... forex gain is only some extra bonus to Evergreen... what i am looking into is their core business expansion

Posted by MikiBob > 2017-04-19 14:42 | Report Abuse

Sherlock it seems like chance of getting dividend is low judging from the past

Posted by sherlock > 2017-04-19 15:01 | Report Abuse

mikibob,probably you don notice that evergreen already adopt minimum of 25% payout rate from FY2016,so it is different story now,i expect evergreen to announce at lease 2.16cen dividend for FY2016 by end of this month(when announce AGM meeting) or next month(during 1st q result announcement).

so,i had starting to accumulate since i believe the downside is minimum and upside is huge.

Posted by Yong Ji Yong Ji > 2017-04-19 15:23 | Report Abuse

Thousand Trumb for Sherlock!upside is huge !! No 100% up at less 70-80% is uptrend ahaha ha

Posted by sherlock > 2017-04-19 16:56 | Report Abuse

able to grab some at 87.5cen,a good day.

Posted by Yong Ji Yong Ji > 2017-04-19 17:42 | Report Abuse

Match 0.875? I queue whole day dint match

Posted by moneykj > 2017-04-19 22:18 | Report Abuse

Pity, pity, pity...

Posted by bgt9963 > 2017-04-19 22:34 | Report Abuse

Tomorrow you can jump in..@87.

Posted by sherlock > 2017-04-20 01:22 | Report Abuse

haha.you queue at wrong price is it?i buy 15 minute before closing.

Posted by sherlock > 2017-04-20 01:25 | Report Abuse

i will continue "buy on weakness" strategy to accumulate more,then keep it for 12-18month.

Posted by CUTLOST > 2017-04-20 09:12 | Report Abuse

0.865 nice entry

Posted by Holland_Chai > 2017-04-20 09:24 | Report Abuse

Boarding this plane will guarantee u reach Holland on time!

Posted by CKCS > 2017-04-20 09:27 | Report Abuse

This company has RM 205,257,000 of loans or borrowings. How to give out dividends? More borrowings? Still don't make any sense.

Posted by jackng06 > 2017-04-20 12:18 | Report Abuse

hi kids, u come out again?

Posted by MikiBob > 2017-04-20 12:55 | Report Abuse

CKCS, having 200 mil debt is good at least it has not bankrupt yet. Just we okay with the risks for now. If co. cannot reduce debt later then we can start to worry.

Posted by Dolly_Chai2 > 2017-04-20 15:41 | Report Abuse

CKCS aka starperformer is indeed a pathetic loser cum joker...
we have said many times that Evergreen has >RM160M cash on hand and the net cash from operations has increased from quarter to quarter... most of the CAPEX was spent in 2015-16 and now they require minimal CAPEX for 2017 onwards.
In other words, with improvement in net cash from operations + reduction of spending on CAPEX, their free cash flow will increase significantly...

unfortunately this loser + joker + kindergarten level "so-called" investor does not even understand this...

Posted by Dolly_Chai2 > 2017-04-20 15:42 | Report Abuse

perhaps he knows it.. just that he thought by sabotaging Evergreen, other investors will choose to buy HEVEA instead (where he is deeply stuck) and help lift him out from the swamp...

Posted by Dolly_Chai2 > 2017-04-20 15:43 | Report Abuse

pathetic... indeed...

Posted by Dolly_Chai2 > 2017-04-20 15:52 | Report Abuse

let me bring up one very valid point:
from 2013-16 (even when evergreen was heavily investing in CAPEX during 2015-16), their average net cash generated from operations was RM123.810M/year in average. CAPEX was RM87.445M/year in average. Free cash flow (FCF) was RM36.365M/year in average.

See, i don't talk cock like some loser.. i have all these analyses/valuation spreadsheets with me since day 1 and I can show these to you anytime....

and imagine from 2017 onwards when CAPEX will be greatly reduced and with the expected improvement in net cash generated from operations, what will their FCF?

Again, I don;t talk cock.. i talk based on facts...

sxckperformer, aka CKCS... i doubt if you really understand what value investing is all about...

Posted by Dolly_Chai2 > 2017-04-20 16:02 | Report Abuse

sherlock.. i am glad that you are a man of wisdom... just hold on to it and u will reap the fabulous rewards...

Posted by jackng06 > 2017-04-20 16:58 | Report Abuse

CKCS is kids, cant understand this kind of things =)

Posted by Yong Ji Yong Ji > 2017-04-20 18:12 | Report Abuse

No Need wait 12 month 18 months, tomorrow fly like rocket

Posted by HowAh > 2017-04-21 00:13 | Report Abuse

Tomorrow tomorrow tomorrow

Posted by sherlock > 2017-04-21 03:58 | Report Abuse

i still remember when i bought notion-vtec 1 years ago at 37-40cen,many had disagreed with me,but i just ignore all the bad mouth, focus on financial and business analysis,again and again,then i had concluded that notion is very undervalue at 37-40cen,downside is minimal but upside is huge,so i just keep buying.

the reasons for me to bet heavily on notion,included strong EBITDA,strong cash flow,dividend expectation and financial result improvement.

luckily,i win the battle as notion had more than triple up from 40cen to RM1.30 in in just 12month,i sold all shares at RM1.31(you can trace my entry price and exit price by viewing my previous comment on notion.) and keep big portion of cash for next investment.

now,i am very happy to found another excellent company(of course is evergreen),i spend days to study every figure in its financial statement,to understand what had happen on this company during last two year,as well as making logical assumption on future development.

by doing so,i knew evergreen was step up effort to enhance product offering,produce and supply more particleboard and RTA furniture(margin is much higher),and also automate its production lines(reduce manpower requirement) as well as consolidate certain operations(improve in cost and production efficiency).

it take 2 years and RM200 million for evergreen to fully implement all the business plans above,but now,i am very happy to knew almost all the enhancement works had been done,the required capex also been spend.

so,evergreen was on sweet spot now,we shall see their profit margin,net profit,balance sheet,cash flow and dividend payout to increase simultaneously and steadily going forward.

more importantly,share price already bottom out,only sell at 87-90cen,which is 46% discount from its RM1.68 peak,35% discount to NTA and EBITDA of 4.6x(should less than 4x if 20% growth rate is achieve this year),so entry level is quite safe, i'll keep buy on weakness.

my investment in evergreen,i see no reason to fail,time will tell.

Posted by Dolly_Chai2 > 2017-04-21 08:42 | Report Abuse

well said sherlock... u r indeed a value investor, unlike some fake ones... u really did a lot of homework like what I did, which is great. yes, time will tell... let the jokers/losers bark now, they will be silenced later...

Posted by Dolly_Chai2 > 2017-04-21 08:45 | Report Abuse

just another sharing (not asking u to buy, u should study on your own first)... there is a similarly attractive company - Prlexus with very good fundamentals and expected huge growth in 1-2 years' time... if you are aiming for longer term, that will be another excellent value investment...

Posted by CKCS > 2017-04-21 08:50 | Report Abuse

Can u tell me where is Evergreen getting money to pay dividends to shareholders? Based on what I can see in the balance sheet, the company has very huge debts amount and high obligation to pay down debts first then other liabilities and lastly then check whether it has enough disposable money left to give out as dividends.

That high borrowed cash in the cash balance needs to be returned not purely belong to the company. Still don't get it? We're not investing into properties which appreciate in values. Evergreen invested into a business which may not bear the expected returns or even losses.

Posted by Yong Ji Yong Ji > 2017-04-21 09:16 | Report Abuse

What the.... 880 no people sell

Posted by Dolly_Chai2 > 2017-04-21 10:17 | Report Abuse

my comment:

CKCS: Can u tell me where is Evergreen getting money to pay dividends to shareholders? Based on what I can see in the balance sheet, the company has very huge debts amount and high obligation to pay down debts first then other liabilities and lastly then check whether it has enough disposable money left to give out as dividends.
[you don't seem to understand it yet. in latest Q4 2016 report, Evergreen net cash flow generated from operating activities is as high as RM238.368M, whereas in 2015 Q4, it was only RM132.680M. That is a huge improvement of net cash flow from operations. in 2016, they spent a lot on CAPEX, around RM200M. But as mentioned by the top management, they expect to only spend around RM40-50M starting 2017 as most of the money had been spent for expansion. So you can expect net change in cash & cash equivalents to improve tremendously. let's be conservative and not assume any growth in the net cash from operations, keep it at RM238.368M in 2017, CAPEX reduction down to RM40-50M will already give them surplus of net cash & cash equivalent of RM238.368-RM45M = RM193.368M in 2017 (assume we neglect the small amount from cash flow from financing activities). Compared to total short+long term debts of just RM205M, they almost zero out the total debt based on just the net change of cash. don't forget they still have RM160M cash at the beginning of 2017 (carried forward from 2016)... so, even they have to pay down "all", i mean all debts, they still have enough cash to pay dividends.. but do they need to pay down all debt immediately? they do not necessarily have to do that... come on... . if dunno, pls ask politely and dun act like an expert... i feel very sorry for ppl like u... know a little bit, but act like sifu ]


That high borrowed cash in the cash balance needs to be returned not purely belong to the company. Still don't get it? We're not investing into properties which appreciate in values. Evergreen invested into a business which may not bear the expected returns or even losses.
[I have explained much above... and it is stupid to compare this business with properties development alone... they are of different sector.. as what i can see, evergreen is making profits consistently after 2013-14 where these are exceptionally bad years]

Posted by Dolly_Chai2 > 2017-04-21 10:18 | Report Abuse

guys.. sometimes i think i would just not be so kind to answer this idixot's questions...

if he asks politely, maybe i should..

Posted by Dolly_Chai2 > 2017-04-21 10:19 | Report Abuse

but i think i need to slap him hard right on his face... he barely knows anything about financials and value investing but acts like a master... i really pity idixts like him...

Posted by Dolly_Chai2 > 2017-04-21 10:21 | Report Abuse

CKCS.. pls dun run away like a sissy.. respond to what i wrote above (in response to your silly question).. and let me know which part i did not say it correctly?

Posted by Dolly_Chai2 > 2017-04-21 10:22 | Report Abuse

CKCS = starperformer = big time loser yet still always want to win every single argument which he apparently loses out...

Posted by Dolly_Chai2 > 2017-04-21 10:23 | Report Abuse

i hope this is the last explanation i will give to idixt like him... it is indeed a waste of my time to write that long... idixt...

Posted by Dolly_Chai2 > 2017-04-21 10:24 | Report Abuse

pardon my language.. i just got agitated sometimes when some stxpid idixt challenged u when he barely knows anything...

Posted by Dolly_Chai2 > 2017-04-21 10:26 | Report Abuse

CKCS = starperformer, go take a basic class on how to interpret financial reports first... before even u talked any nonsense on debts bla bla bla... u do not even understand how to read a cash flow statement....

Posted by Holland_Chai > 2017-04-21 11:29 | Report Abuse

These idiots brought people to Holland and get stranded there. Still believe them? It is long term downtrend. Idiot!

Posted by Yong Ji Yong Ji > 2017-04-21 11:31 | Report Abuse

I no believe dolly_chai2 , but I believe what I m study tp3.0 coming next

Posted by CKCS > 2017-04-21 11:33 | Report Abuse

U are right. Dolly just love Holland but worst is Dolly conned people to Holland with one-way tickets! Poor thing.

Posted by CKCS > 2017-04-21 11:34 | Report Abuse

Evergreen has these kind of things in their balance sheet:

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

How hard can any business drop and deteriorate in this economic environment? Its cash also not enough to cushion any incoming crisis. Still choose to be blind to see it?

Posted by SusuKacang > 2017-04-21 11:45 | Report Abuse

Why it keep falling? I'm running out of patience

Posted by Dolly_Chai2 > 2017-04-21 12:12 | Report Abuse

haha... proven once again the duo of idxots Holland Chai and CKCS...
in fact, by looking at the total number of comments this idxot holland_chai had given (13 only) and all in this Evergreen forum, i kind of suspect he is also another ID created by starperformer aka heavekrea aka CKCS... poor and pathetic idixt...

Posted by Dolly_Chai2 > 2017-04-21 12:13 | Report Abuse

okla.. i will stop educating these idxots as they / he (or maybe these 2 are the same person?) will never understand.. or pretend does not understand, trying hard to sabotage evergreen and then promote Hevea... poor thing.. too obvious la kids...

Posted by jackng06 > 2017-04-21 12:14 | Report Abuse

CKCS kids thinking =)

Posted by Dolly_Chai2 > 2017-04-21 12:14 | Report Abuse

SusuKacang... value investing sometimes requires some patience.. look at how long the the value investors had to wait for Fibon and Willow before they flied high? if you cant wait, i would suggest u follow the idixt - sxckperformer's style of speculating in stock....

Posted by Dolly_Chai2 > 2017-04-21 12:16 | Report Abuse

jackng06... maybe he is not even a kid yet.. his mentality is like a new born baby... he needs to go back to his mama for some formula milk i guess...

Posted by Dolly_Chai2 > 2017-04-21 12:16 | Report Abuse

his mentality and analyzing capability = new born baby's level