Posted by onlyinvestment > 2017-11-15 08:49 | Report Abuse

Yes correct . Just let the share price do the talking . Wild guessing no use...

Posted by lizi > 2017-11-15 09:05 | Report Abuse

share price definately will up one, QoQ improve ma, but how about long run. just quarterly result rebound or really turnaround?

Posted by Bernard Tan > 2017-11-15 09:29 | Report Abuse

If q4 result better than q3 .. then this counter will uptrend ..

Posted by cend0l > 2017-11-15 09:36 | Report Abuse

Income stream is coming in from particle board which they will either sell or use it as material for furniture (higher margin).

https://bursagoinglong.wordpress.com/2017/07/11/analysis-of-evergreen-fibreboard-bhd/

Posted by Gehdongdong > 2017-11-15 10:53 | Report Abuse

http://klse.i3investor.com/m/priceTarget/42841.jsp
HLG TP 0.95

Posted by sysz820 > 2017-11-15 11:04 | Report Abuse

Evergreen have potential growth

Posted by WAKAKAKAKA > 2017-11-15 18:19 | Report Abuse

雨下整夜我的爱溢出就像雨水

Posted by kk83 > 2017-11-16 08:09 | Report Abuse

uptrend onward...gogogo

Posted by Bernard Tan > 2017-11-16 09:26 | Report Abuse

Top up abit @0.77

Posted by lloydlim > 2017-11-16 10:43 | Report Abuse

Still early to judge for a turnaround story, better wait & c.

Posted by Whysosuay > 2017-11-16 15:35 | Report Abuse

Timber price keep go upwards la. Next quarter gonna be loss making d

Posted by Mioxi > 2017-11-16 16:08 | Report Abuse

To retest rm0.70 soon..

Posted by Mioxi > 2017-11-16 16:08 | Report Abuse

Wait and see..

Posted by Mioxi > 2017-11-16 16:10 | Report Abuse

Heavea wood will be short again in dec-Feb ...cause material hike while the increased in glue price already well known since October

Posted by Mioxi > 2017-11-16 16:16 | Report Abuse

The ASP Is expected to down at least 6% due to stronger ringgit against USD. The quantum of currency impact to the bottom line will be reflected in next quarter...


Bad, very bad...when cost hike meet with lower ASP...IT WOULD EXACT SIGNIFICANT PRESSURE ON GROSS MARGIN.

GOOD REASON TO BE PESSIMISTIC ON NEXT QTR RESULT...not because of emotional perception but back up by the sense of logic..

Posted by Mioxi > 2017-11-16 16:18 | Report Abuse

If would be exceptional well if can stand firmly above rm0.70...

Big ???

Posted by Mioxi > 2017-11-16 16:20 | Report Abuse

Friends from factory in Sri gading did not disagreed with me though he never disclose the exact effect

Posted by Mioxi > 2017-11-16 16:21 | Report Abuse

Just said...no reason to be optimistic on next qtr result!

Posted by Mioxi > 2017-11-16 16:23 | Report Abuse

In addition, the current weak sentiment wouldn't reward investors even the result is in line with last financial year.

But....certainly will penalize investors when the result is below than last financial year...

Posted by Mioxi > 2017-11-16 16:26 | Report Abuse

Interst is going to increase soon,industry is suffering from costs hike and company is unable to pass down to client....

Bad!

Posted by Mioxi > 2017-11-16 16:27 | Report Abuse

I even adopt a more cautious approach. ..expect the next financial year return to red

Posted by Mioxi > 2017-11-16 16:59 | Report Abuse

If you study the past 5 years FR..running loss in business in fibreboard is not an extraordinary occurrence. ...it's merely a reality!

Posted by WAKAKAKAKA > 2017-11-16 17:31 | Report Abuse

雨一直下下啊下啊下啊下

Posted by Mioxi > 2017-11-17 11:02 | Report Abuse

雨季到了, 木材料又涨个不停。the latest ITTO report anticipate rubber wood to encounter shortages again while the price hike to be in double digit.

What will happen to the evergreen outlook?

Posted by Mioxi > 2017-11-17 11:06 | Report Abuse

吖呀! 没说你也知!

Posted by Mioxi > 2017-11-17 11:12 | Report Abuse

要理智, 理性呀! 莫跟自己过意不去!

Posted by Mioxi > 2017-11-17 11:18 | Report Abuse

I am not suggested anything for you ...either to time the market or otherwise . ..not at all!

I am suggesting to myself to be rational in tandem with faculty of logic ...never against the low pendulum ...

Posted by alphajack > 2017-11-20 10:33 | Report Abuse

evergreen got too ambitious hence paying the price for their unplanned expansion now. Buy when 50c.

Posted by WAKAKAKAKA > 2017-11-20 15:53 | Report Abuse

runnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn...................................................

Posted by MoneyFace88 > 2017-11-20 18:23 | Report Abuse

As I have said Evergreen is useless counter , revenue 260 million , net profit baru 15 million . Mieco just announced 101 million revenue , net profit 15 million too

Posted by MoneyFace88 > 2017-11-20 18:35 | Report Abuse

Evergeen 5.8% net profit margin Vs Mieco15.44% net profit margin . It is very clear who is the winner

Posted by Abilakh > 2017-11-21 10:21 | Report Abuse

anyone has hong leong's latest research report? Please share

Posted by BlurNewbie > 2017-11-21 10:27 | Report Abuse

What happened to this counter? Suddenly drop so much?

Posted by WAKAKAKAKA > 2017-11-21 10:46 | Report Abuse

i repeat! runnnnnnnnnnnnnnnnnnnnnnnn.............................................

Posted by maxlee0508 > 2017-11-21 11:42 | Report Abuse

No power runnnnnnnnnnnnn oledi lor bro...... let them drop lor.... alot counter oso drop like sai....... Zzzzzzz

Posted by WAKAKAKAKA > 2017-11-21 15:54 | Report Abuse

big boy is selling!!!!

Posted by jypang > 2017-11-21 16:37 | Report Abuse

run or stay???

Posted by BlurNewbie > 2017-11-21 16:50 | Report Abuse

I choose to stay. Please don’t let me down

Posted by jumbojet > 2017-11-21 17:14 | Report Abuse

The Ginger Bread Man

Posted by onlyinvestment > 2017-11-21 17:41 | Report Abuse

Somestime you need trust this is evergrn luck. Its expand production but meet shortage log and glue price up. When completed expand production , the USD drop and Thailand machice down . Now heaven still want testing evergrn tolerence , market down and heavy rainning. Who can hold the share till last , who will become the winner and get rewards.

Posted by Max Crowe > 2017-11-21 20:04 | Report Abuse

Sold all my Evergreen today. Cut loss at 73 sen. Lost around 30K. Have been collecting since May. My highest was 90 sen. Lowest at 77 sen. Today's price was not well supported. Maybe, someone's margin call. Tomorrow, there could be more.

Posted by Mike Jcy > 2017-11-22 12:54 | Report Abuse

I oso cut loss at RM 0.76 n switch to penta

Posted by maxlee0508 > 2017-11-22 13:06 | Report Abuse

Wah.... so many sifu cut loss r.....

Posted by William William Low > 2017-11-22 23:27 | Report Abuse

我还是继续持有。会升到1.50

Posted by cheoky > 2017-11-22 23:34 | Report Abuse

Gruesome biz remain gruesome biz unless bail out by global positive trend of mdb. Or u bought at really cheap entry price.

Posted by Jupiter > 2017-11-23 17:45 | Report Abuse

Someone mentioned Mieco here. On one hand, kudos to Mieco for successfully turning around their operation. But a straight comparison with Evergreen is unfair as Mieco is 100% about Particleboard and Evergreen is like 70-80% MDF. MDF and PB are cyclical, as with most other biz. There are good years and bad. Both Mieco and Hevea went through bad patches when PB was not doing well and during those times, MDF was the better industry to be in. Now MDF is in a down cycle so Evergreen is looking a little off.

We cant see exactly how well Evergreen's PB section is doing but we can guess. If you compare their 3Q17 result Malaysia segment with 2Q17 result Malaysia segment, the difference is mostly attributed to their PB coming online. Revenue in 3Q is around RM20mil higher than 2Q. But 3Q we saw USD weaken against RM. Assume MDF revenue decrease by RM5mil. So we can assume RM25mil is revenue from PB plant. Now the profit difference between 3Q and 2Q is huge, at RM10mil. We can see about RM3mil is due to lesser forex loss and and depreciation is RM1mil lower. So we can say RM4mil is not due to PB. That leaves us with RM6mil profit which may or may not be 100% due to PB. Even if I take half of that, say only RM3mil additional profit is from PB, I still get a PBT margin of 12%. If RM4mil is from PB then the PBT margin is 16%. Mieco's PBT margin is 15%. Even at 12%, Evergreen's PB is not too far off from Mieco which I consider exceptional performance as Evergreen's PB plant was just newly commissioned. They can only improve further with experience.

So yes, as a whole, Evergreen may not be at its best now, but I would say their mgmt is top notch based on how quickly they were able to generate profit from a newly start up PB plant. Their MDF mgmt should be equally good if not better. It's just that the external factors such as monsoon season resulting in lesser logs supply and higher log prices are really squeezing their MDF margins. Nonetheless, their MDF is still making a profit and generating a lot of cash.

When Warren Buffet invests in a company, his top criteria is mgmt performance. He understands a biz has its ups and downs but if mgmt is solid, then he will just invest and forget about it as he invests for the long run

Posted by maxlee0508 > 2017-11-23 17:51 | Report Abuse

@jupiter brooooooo ths for sharing

Posted by Ah Kow, Ali dan Muthu > 2017-11-23 18:03 | Report Abuse

luckily sold last week... wait for next two Q. Ringgit Going stronger and not good for this company.

Posted by lizi > 2017-11-23 19:57 | Report Abuse

hevea gg liao, shortage of worker in rta.

Posted by coldinvestor > 2017-11-24 13:19 | Report Abuse

未来一个月继续探底， 目标价RM0.600。