EVERGREEN FIBREBOARD BHD

KLSE (MYR): EVERGRN (5101)

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Last Price

0.39

Today's Change

-0.02 (4.88%)

Day's Change

0.385 - 0.415

Trading Volume

5,066,700


7 people like this.

11,529 comment(s). Last comment by Kevin Tam 11 hours ago

Posted by Anonymous99 > 2015-07-31 14:37 | Report Abuse

When is the quarter result?

chy72

2,960 posts

Posted by chy72 > 2015-07-31 15:51 | Report Abuse

better than mieco lai lioa lai liao rm 2

Posted by Edwinyee826 > 2015-07-31 16:31 | Report Abuse

Anonymous99 : August

chy72

2,960 posts

Posted by chy72 > 2015-07-31 16:52 | Report Abuse

1.96 good closing...rm2 will be come

psd57

2,314 posts

Posted by psd57 > 2015-08-03 14:45 | Report Abuse

overvalued at 44x PE now. PE 16x only for MDB stocks... Sold all mine the last time at Rm 2.01. The surge in price beyond RM 2.00 could be more to do with a higher then expected USD/MYR, positively affecting the next quarters earnings, and earnings for quarters to come for 2015 or pure front loading. CAUTIOUS!!

johnny cash

6,400 posts

Posted by johnny cash > 2015-08-04 09:10 |

Post removed.Why?

johnny cash

6,400 posts

Posted by johnny cash > 2015-08-04 09:11 | Report Abuse

MDF industry outlook and customer profile
Investors were interested in the MDF pricing cycle over the last 10 years and
how that correlated to EVF’s financial performance. Management explained
that its record net profit of RM131m achieved in FY07 was mainly on the back
of its acquisitions of the Hat Yai and Nilai capacity plus record-high MDF
pricing in US$ terms. The next downturn came in 2011-2014 when a
combination of high raw material prices, and major global capacity addition
(50% increase in 2010-13) resulted in price dumping by new players in
Thailand and Indonesia. The current pricing environment is favourable in RM
terms given the weak RM. US$ pricing has yet to achieve its previous peak in
2007 (still ~15-20% below). Going forward, EVF will be less topline focused;
rather, it will be selling higher-margin products such as thinner MDF, which
are priced at 10-15% higher than conventional boards.

johnny cash

6,400 posts

Posted by johnny cash > 2015-08-04 09:11 |

Post removed.Why?

johnny cash

6,400 posts

Posted by johnny cash > 2015-08-04 09:12 | Report Abuse

Dividend policy
On dividend policy, EVF reiterated its 20-50% dividend payout (although that
was suspended in FY13-14 when it made losses). Investors could even be
surprised by a special dividend should the sale of its rubber plantation
materialise. Management guided for an effective tax rate of 10-15% given the
various capex allowances and previous unutilised tax losses, which suggests
scope for earnings upside potential as our estimated tax rate is 17%.
Blue-sky target price
Our sensitivity analysis suggests that every 1% appreciation of the US$ vs. RM
will increase earnings by 10%. Assuming an average US$/RM of 3.70 (vs. 3.60
currently), FY16 EPS could rise to 30sen. At 12.5x FY16 P/E, this suggests a
target price of RM3.75 (80% upside). At an average US$/RM of 3.80, FY16 EPS
could increase to 36 sen, and translates to a target price of RM4.50 (130%
upside).

johnny cash

6,400 posts

Posted by johnny cash > 2015-08-04 09:13 | Report Abuse

normal cimb target is 2.90 but blue sky target is higher

TAH

797 posts

Posted by TAH > 2015-08-04 12:22 | Report Abuse

Very high. On the safe side better buy Pworth .This counter dirt cheap and have not move yet. Got potential to move soon

cschai

14 posts

Posted by cschai > 2015-08-04 22:01 | Report Abuse

Johnny cash, very good article, you don't mind sharing the web page?

kentrade888

1,565 posts

Posted by kentrade888 > 2015-08-05 17:09 | Report Abuse

continue to rise.

kent05

221 posts

Posted by kent05 > 2015-08-05 17:16 | Report Abuse

hope can break 2.00 again soon

wkkht

957 posts

Posted by wkkht > 2015-08-06 15:02 | Report Abuse

give the special dividend.

dalpinia

2,299 posts

Posted by dalpinia > 2015-08-07 09:24 | Report Abuse

Buy in 100K

Posted by Anonymous99 > 2015-08-07 10:05 | Report Abuse

What happen again

wkkht

957 posts

Posted by wkkht > 2015-08-07 10:22 | Report Abuse

can start to accumulate now.

dalpinia

2,299 posts

Posted by dalpinia > 2015-08-10 10:24 | Report Abuse

every 1% of RM drop, Sign will increase profit by 10%. So new TP is RM4.5 if USD is in the range of 3.7-3.8.....but today it is 3.9....can it be 4.2 by Sept?

dalpinia

2,299 posts

Posted by dalpinia > 2015-08-10 10:25 | Report Abuse

I believe before next GE, it shall maintain at arond 4.0 averagely...

kentrade888

1,565 posts

Posted by kentrade888 > 2015-08-10 10:40 | Report Abuse

now buy in 1.76

jasonor

1,004 posts

Posted by jasonor > 2015-08-10 10:43 | Report Abuse

wave end at rm 2.02/03 la bro....

kimssiat

1,088 posts

Posted by kimssiat > 2015-08-10 11:44 | Report Abuse

Syndicate exit and you buy it. Good luck.

Posted by Anonymous99 > 2015-08-10 12:34 | Report Abuse

Lol what is happening? I tot it has potential ?

Posted by Edwinyee826 > 2015-08-10 13:10 | Report Abuse

Market panic selling coz weak ringgit and politic issue .

shellhouse

641 posts

Posted by shellhouse > 2015-08-10 13:20 | Report Abuse

Continue to accumulate?

kentrade888

1,565 posts

Posted by kentrade888 > 2015-08-10 14:03 | Report Abuse

will rebound soon

LOOK009

1,079 posts

Posted by LOOK009 > 2015-08-10 15:45 | Report Abuse

strong rebound

HITnRUN

298 posts

Posted by HITnRUN > 2015-08-10 15:57 | Report Abuse

say thank you to Mr najis

popcorn

1,625 posts

Posted by popcorn > 2015-08-10 16:07 | Report Abuse

wow! more than 10% price drop~
better cut loss~

winston1

528 posts

Posted by winston1 > 2015-08-10 16:25 | Report Abuse

Liquidate and keep cash for the next 3 months

kmohan62

484 posts

Posted by kmohan62 > 2015-08-10 16:27 | Report Abuse

Guys...better get out now!!!!

muk912

77 posts

Posted by muk912 > 2015-08-10 18:57 | Report Abuse

Why need to get out now? Fear of what?

LOOK009

1,079 posts

Posted by LOOK009 > 2015-08-10 21:49 | Report Abuse

http://masterpang.com/SMStock107

hissyu2

868 posts

Posted by hissyu2 > 2015-08-10 21:54 | Report Abuse

Cash is the king now... you may in again when uptrend is there

Posted by thekingfish > 2015-08-10 22:02 | Report Abuse

Continue to accumulate tomorrow. There is still at least one more round of big rises before the U.S. interest rate hike on September 16th. At this price there is still good money to be made.

turbochart

397 posts

Posted by turbochart > 2015-08-11 00:00 | Report Abuse

Sell+++ yoh yoh!!!

LOOK009

1,079 posts

Posted by LOOK009 > 2015-08-11 08:57 | Report Abuse

The rumor will give the special dividend.

LOOK009

1,079 posts

Posted by LOOK009 > 2015-08-11 09:24 | Report Abuse

strong rebound.buy buy buy.

hissyu2

868 posts

Posted by hissyu2 > 2015-08-11 09:28 | Report Abuse

congrats who hold tight!

force

1,418 posts

Posted by force > 2015-08-11 11:21 | Report Abuse

Better buy in wtk la... cold eye buy 5 mil stock in

Posted by StrattonOakmont > 2015-08-11 12:21 | Report Abuse

holding tight... accumulation in progress for long term...

dalpinia

2,299 posts

Posted by dalpinia > 2015-08-12 10:04 | Report Abuse

Poor gov manage the country extremely bad and affected whole country economy....bye bye KLSE!

Posted by Anonymous99 > 2015-08-12 10:08 | Report Abuse

Is this going to affect this counter in the future?

TAH

797 posts

Posted by TAH > 2015-08-12 10:12 | Report Abuse

C. can be donation money . Don"t play2

TAH

797 posts

Posted by TAH > 2015-08-12 11:52 | Report Abuse

It is on downtrend mode beware! better run fast before it collapses.
A lot of bad issues, no good for the shares market.

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