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

2centsense

1,196 posts

Posted by 2centsense > 2015-10-21 17:05 | Report Abuse

My favourite is moving...again! This time lets break 2.11 tomorrow.

2centsense

1,196 posts

Posted by 2centsense > 2015-10-21 17:35 | Report Abuse

If future trading volume goes >50k, then its on a roll again!

Posted by ChartMaster > 2015-10-22 07:33 | Report Abuse

in 2016 budget, there will be some incentives given to export industry , this is the reason all export related companies flying from yesterday

Posted by iloveshare128 > 2015-10-23 11:18 | Report Abuse

I see.. thanks for the good sharing ChartMaster...

2centsense

1,196 posts

Posted by 2centsense > 2015-10-23 17:18 | Report Abuse

Evergreen is evergreen!

muk912

77 posts

Posted by muk912 > 2015-10-23 20:52 | Report Abuse

No any revision on Malaysia currency, it's another good news for export company. I can foresee the year end quarter result will be another new high. However, more than 30% of their revenue from middle east. Middle east country start to cut budget on many sectors due to affection of income from low crude oil price. Wish this won't affect much on next year sales.

wan7075

239 posts

Posted by wan7075 > 2015-10-26 16:06 | Report Abuse

@ChartMaster
is there any incentives given to export industry? i can't find it in 2016 budget..

soon9913

2,713 posts

Posted by soon9913 > 2015-10-29 12:11 | Report Abuse

2.5 soon.. :)

Posted by Aldrin Chan Wei Yin > 2015-10-29 13:20 | Report Abuse

Hope for good quarterly results.

Posted by Jackycheah > 2015-10-30 17:24 | Report Abuse

Breaking 2.21

nbtrend

134 posts

Posted by nbtrend > 2015-10-30 17:43 | Report Abuse

Historic closing high again! Bright future.

Posted by iloveshare128 > 2015-11-02 09:33 | Report Abuse

this counter can go as high as RM3.00 as the upcoming quarterly EPS will keep improving due to the strong USD + company's effective internal cost improvement plan... I wont be surprised to see EPS of >30 sen in 2016.

Posted by Aldrin Chan Wei Yin > 2015-11-03 01:12 | Report Abuse

Good management practice yields good corporate results.

dalpinia

2,299 posts

Posted by dalpinia > 2015-11-03 20:39 | Report Abuse

Buy n keep for 2 yrs....rm4 no problem.

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-04 20:26 | Report Abuse

Hmm...now its 2.29 from a mere 60 cents in late 2014..Why? It is simple...It has a good biz model with good competent management ...its profits blessed by the weakened RM.

Posted by Jackycheah > 2015-11-06 16:01 | Report Abuse

Stuck within 2.29 & 2.30. Will up or down?

Posted by Jackycheah > 2015-11-06 16:16 | Report Abuse

Expecting something good!

soon9913

2,713 posts

Posted by soon9913 > 2015-11-09 14:24 | Report Abuse

wait n c the coming result...

hau0327

1 posts

Posted by hau0327 > 2015-11-10 04:32 | Report Abuse

is the offer price undervalued?if so,how do we know it is undervalued?

dalpinia

2,299 posts

Posted by dalpinia > 2015-11-12 10:20 | Report Abuse

Buy n keep for 2 yrs....rm4 no problem....no need to monitor and comment for 2 yrs...

kent05

221 posts

Posted by kent05 > 2015-11-13 10:40 | Report Abuse

what happen to evergreen?

nbtrend

134 posts

Posted by nbtrend > 2015-11-13 13:08 | Report Abuse

Normal pull back, will climb higher after that.

Kevin Tam

528 posts

Posted by Kevin Tam > 2015-11-16 13:27 | Report Abuse

It is possible to go higher than rm2.50...but dont think can reach Rm 3 within 1 year time... Its real PE should be about 13-14 now, many newspapers haven't updated its latest PE or followed last year profit to calculate its PE....

Posted by marcusltx > 2015-11-18 10:01 | Report Abuse

Do you know when Evergreen will announce its quarterly results?

wahaha

215 posts

Posted by wahaha > 2015-11-18 13:06 | Report Abuse

Not this week? Should be Friday the earliest

kcfan

1,881 posts

Posted by kcfan > 2015-11-18 18:47 | Report Abuse

Collecting mode before quarter report out.

Posted by brandonyeo1711 > 2015-11-18 19:50 | Report Abuse

Is this counter worth holding? Will it suddenly make a sharp jump? It had been dropping for almost 6 days, is there something wrong with this company?

Posted by brandonyeo1711 > 2015-11-19 10:51 | Report Abuse

Is this counter worth holding?

Posted by backspacei3 > 2015-11-19 10:54 | Report Abuse

why like starting dropping ...

b123

5 posts

Posted by b123 > 2015-11-19 13:42 | Report Abuse

You guys may wanna start collecting now. Some proper news by tomorrow, if not today.

leecuteguy

475 posts

Posted by leecuteguy > 2015-11-20 17:30 | Report Abuse

is the qtr result coming out today?

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-11-20 17:33 | Report Abuse

yahoo

leecuteguy

475 posts

Posted by leecuteguy > 2015-11-20 17:43 | Report Abuse

thx IVAN2222

smores

1 posts

Posted by smores > 2015-11-20 18:12 | Report Abuse

28m net profit is 18.5% higher than its previous quarter, also don't forget the 37m currency translation differences this quarter

taipa

188 posts

Posted by taipa > 2015-11-20 18:13 | Report Abuse

Huat Liao

taipa

188 posts

Posted by taipa > 2015-11-20 18:14 | Report Abuse

Almost 3x profit

Posted by Jackycheah > 2015-11-20 18:15 | Report Abuse

Excellent q3

yapie

301 posts

Posted by yapie > 2015-11-20 18:20 | Report Abuse

Yeah.... Monday gap up sell move to another counter wait for report....ha...ha....

taipa

188 posts

Posted by taipa > 2015-11-20 19:18 | Report Abuse

Propose bonus issue some more, 1 for 2,hahaha

keyin

2,150 posts

Posted by keyin > 2015-11-20 20:01 | Report Abuse

Yahoooo

sly2612

63 posts

Posted by sly2612 > 2015-11-20 20:08 | Report Abuse

Wow Monday will break 2.40 Easily

Posted by investpeople > 2015-11-20 23:25 | Report Abuse

In a filing with Bursa Malaysia today, the medium density fibreboard producer said based on the indicative issue price of RM1.95 per placement share, it will raise up to RM100.03 million.

The proposed private placement entails a placement of up to 51.3 million new shares of 25 sen each in EFB, which represents up to 10% of the issued share capital of the group

kcfan

1,881 posts

Posted by kcfan > 2015-11-20 23:27 | Report Abuse

On behalf of the Board of Directors of Evergreen Fibreboard Berhad (“EFB”), CIMB Investment Bank Berhad wishes to announce that EFB propose to undertake the following:

Proposed Private Placement of up to 51,297,800 new ordinary shares of RM0.25 each in EFB (“EFB Shares”), representing up to 10% of the issued and paid-up share capital of EFB (excluding treasury shares) ("Proposed Private Placement"); and

Proposed Bonus Issue of up to 282,137,900 of new EFB shares (“Bonus Shares”) to be credited as fully paid-up on the basis of 1 bonus share for every 2 EFB shares held after the Proposed Private Placement (“Proposed Bonus Issue”)

leecuteguy

475 posts

Posted by leecuteguy > 2015-11-20 23:35 | Report Abuse

Is this goo or bad news

keyin

2,150 posts

Posted by keyin > 2015-11-20 23:36 | Report Abuse

Good lah!

leecuteguy

475 posts

Posted by leecuteguy > 2015-11-20 23:47 | Report Abuse

What so good

kcfan

1,881 posts

Posted by kcfan > 2015-11-21 00:28 | Report Abuse

KUALA LUMPUR (Nov 20): Evergreen Fibreboard Bhd (EFB) announced today that it intends to undertake a private placement offering of common shares at a price to be fixed at a later date, to finance its development and business expansion, repay borrowings and for working capital.

In a filing with Bursa Malaysia today, the medium density fibreboard producer said based on the indicative issue price of RM1.95 per placement share, it will raise up to RM100.03 million.

The proposed private placement entails a placement of up to 51.3 million new shares of 25 sen each in EFB, which represents up to 10% of the issued share capital of the group.

EFB also proposed to undertake a bonus issue, involving the issuance of up to 282.14 million bonus shares on the basis of one bonus share for every two EFB shares to reward its existing shareholders and enhance the stock's marketability and trading liquidity.

This will be implemented after the completion of the proposed private placement in a single issuance.

"The actual number of bonus shares to be issued can only be determined after the proposed private placement, based on the then issued and paid-up share capital of EFB," said the group.

"Barring any unforeseen circumstances and subject to all relevant approvals being obtained, the proposals are expected to complete by the first quarter of 2016," it added.

Posted by MoneyInTheAir > 2015-11-21 00:30 | Report Abuse

Net Profit +15.48% qoq,+173.81% yoy.
Q3 EPS 5.38x4=21.52sen,21.52 times 15x =RM3.22
Plus 2 for 1 bonus issue!
Inari good result plus bonus issue oso fly to the sky high, i see no reason evergreen cant break RM2.50 next two day.
guys try ur luck on monday morning to get early ticket.

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