Posted by yjinnvy > 2021-03-29 18:21 | Report Abuse

Big loss due to impairment....

Posted by vincent cym > 2021-03-29 19:14 | Report Abuse

ship

Posted by VenFx > 2021-03-29 19:30 | Report Abuse

compression test for evergreen s share price tomorrow

Posted by maxlee0508 > 2021-03-29 20:01 | Report Abuse

@venfc wat u think bro.... limit down???

Posted by Jjkcl > 2021-03-29 20:10 | Report Abuse

Such a big loss on Qr

Posted by Michael Kwok > 2021-03-29 20:26 | Report Abuse

Bad news already there.Usually people know in advance.The upward is about next quarter.

Posted by maxlee0508 > 2021-03-29 20:39 | Report Abuse

@michael kwok hope so bro.... coz i got c a lot of impairment and other things, all is one off

Posted by Hustle > 2021-03-29 20:58 | Report Abuse

If compare his book value vs price to book ratio current price still under value even with this quater big loss

Posted by Hustle > 2021-03-29 21:01 | Report Abuse

At least not much debt compared with others same business company. Strong asset still available.

Posted by Hustle > 2021-03-29 21:01 | Report Abuse

Even loss 1 more time next quater also no big deal

Posted by alvin1188 > 2021-03-29 21:40 | Report Abuse

seems like a lot of ppl do not understand how to read the financial reports. Evergreen is still making good operating profit that is RM31.315 mil, compared to RMRM23.393mil preceding year same quarter. Management already explained that the loss is mainly due to impairment loss/write-off of certain assets due to a change of marketing strategy (mainly incurred in Thailand). And more importantly, it is ONE-OFF that means you can expect the results to be positive again next quarter. and there is no-cash involved!!! Check their cash flow pls....--> Net cash flows from/(used in) operating activities = RM63.956mil!!! (compared to last year which was only RM37.919mil).

And the good thing moving forward is, Evergreen is now focusing more on the value-added downstream products which garner better profit margin such as RTA.

And particleboards and MDF average selling price is also increasing which is good.

Therefore, I am 300% sure that Q1'2021 results will be excellent, and also for the whole 2021. In fact, the management already hinted that in the "prospect" that this year they will recover.

Anyway, it is good that if those weak holders sell off the shares so ppl who studied and understand it well can collect at lower price...

waiting for a bargain tomorrow...

Posted by maxlee0508 > 2021-03-29 22:46 | Report Abuse

@alvin1188 thks ur sharing bro.....

Posted by tales029 > 2021-03-30 03:59 | Report Abuse

argee with u alvin1188, tomorrow buy more

Posted by yjinnvy > 2021-03-30 09:09 | Report Abuse

good bargain price to collect

Posted by caonima > 2021-03-30 09:20 | Report Abuse

most useless stock ever

Posted by GorengHealthcare > 2021-03-30 09:26 | Report Abuse

All that bought Evergrn after Evergreen incident sudah kena stucked kaw2..

Drop 13% some more..

Posted by ahmadnubli > 2021-03-30 09:27 | Report Abuse

apa sudah jadi dengan evergreen pagi ni?

Posted by sd99 > 2021-03-30 09:35 | Report Abuse

Those who want can top up when low now...

Posted by alvin1188 > 2021-03-30 09:48 | Report Abuse

@caonima, i think you are the most useless stock as you don't spend time to invest in yourself to study the financial reports, thus misinterpreting other stocks are useless stocks

Posted by alvin1188 > 2021-03-30 09:53 | Report Abuse

@KML889, if Evergreen is shitty, they wont have RM582million retained earnings (after the one-off impairment loss/write-off), they won't be the number #1 MDF producer in SEA. During difficult times like now (covid-19 pandemic), even blue chips like GENM & GENTING are making losses. We just need to look forward. After this one-time impairment loss, it is expected that the company will show positive results starting next quarter. So if you understand how to invest, it's time to buy, not to sell.

Posted by Hustle > 2021-03-30 10:02 | Report Abuse

Yup the retain already more than capital that's why I said loss 1 more QR also no big deal lol

Posted by Tesla > 2021-03-30 10:52 | Report Abuse

Useless counter! hevea and mieco much much better !

Posted by Hustle > 2021-03-30 11:16 | Report Abuse

You are right man cut loss now n all in mieco

Posted by Silly_money > 2021-03-30 12:13 | Report Abuse

Evergreen ship is freed, watch for a couple of days if the company not kena sued maybe got change go up.

Posted by Hustle > 2021-03-30 12:44 | Report Abuse

You like high debt one ma buy mieco lo don't need to talk about crystal ball la

Posted by Hustle > 2021-03-30 12:47 | Report Abuse

Just sell the Thailand factory convert Bath to RM already profit near 30%, 9 sen loss sub2 water la

Posted by alvin1188 > 2021-03-30 13:53 | Report Abuse

@KML889, that is why i said study is important... go pick up some basic financials class or investment class first. If next quarter Evergreen is not making profit, i will run naked in front of your house. But if next quarter Evergreen is making profit, you do the same. Dare to bet? come on la... looking at retained earning is to judge the capability of a company in a long-run (based on their history / performance record). Looking forward is to see what is their prospect. Both do not conflict with each other... what common sense do you have? ZERO.... come on la... go study some more la before you come out acting like a nerd.

Posted by alvin1188 > 2021-03-30 13:57 | Report Abuse

Hustle, you are right. Many nerds don't understand why in the past Evergreen was making loss. That was due to oversupply of MDF/particleboards in the market (the whole SEA). so the average selling drop had been dropping in the past. But due to covid19 pandemic, those weak and smaller players were swept out / went bankrupt and the global demand is now rising due to more "working from home", home refurbishment/enhancement, etc. So the demand is growing, and at the same time, those small players were gone so supply also drops at the same time. That is why the average selling price has been going up steadily..

But okla.. i dont expect kindergarten kids like KML889 will understand macro-economics...

Posted by alvin1188 > 2021-03-30 13:58 | Report Abuse

*typo above: ....market (the whole SEA). so the average selling price had been dropping in the past

Posted by sasword > 2021-03-30 15:15 |

Post removed.Why?

Posted by Silly_money > 2021-03-30 18:22 | Report Abuse

The whole vessel stuck at suez canal, causing 400 over vessels delay, sure got alot of suit case for compensation

Posted by maxlee0508 > 2021-03-31 00:21 | Report Abuse

@silly_money why the evergeeen will kena sue ??? For wat kes,can sharing...

Posted by sd99 > 2021-03-31 01:46 | Report Abuse

@silly
Grow up, thats a diff comp own by taiwanese.
Get your facts right...

Posted by FELI1305 > 2021-03-31 10:10 | Report Abuse

Quater Report no good ? Dropped so much now ..

Posted by yjinnvy > 2021-03-31 19:10 | Report Abuse

@FELI1305
Yes, big loss due to impairment.

Posted by FELI1305 > 2021-04-20 15:12 | Report Abuse

@yjinnvy , now have to wait another Quater see the result is good ? 0.455 for me too bad ..

Posted by Batman888 > 2021-04-20 17:07 | Report Abuse

Time to build base

Posted by yjinnvy > 2021-04-21 15:15 | Report Abuse

@FELI1305, next quater should be better. i am collecting around 40sen now

Posted by FELI1305 > 2021-04-22 09:19 | Report Abuse

@yjinnvy , waited almost few mths pun tak naik lagi .. untung 0.10$ enough la.. even not buy so much .. on hand stucking many stock counter ..all dropped like waterfall macam , too bad..:)

Posted by alvin1188 > 2021-04-30 15:57 | Report Abuse

see... as I said, the coming quarter will definitely see profit as the last quarter loss was due to one-off impairment (mainly from Thailand).... finally... ppl now realized it...

Posted by yjinnvy > 2021-05-01 00:44 | Report Abuse

if declare dividend is better, hahaha....
but the possibility is near to zero...

now are still good chance to accumulate before it shoot up to 50sen.

Posted by caonima > 2021-05-05 15:04 |

Post removed.Why?

Posted by Davidl > 2021-05-05 15:34 | Report Abuse

Show me ur power Nevergreen!

Posted by caonima > 2021-05-06 09:26 | Report Abuse

they already inside last week, prepare to wait for live cb and take profit

Posted by sd99 > 2021-05-06 09:37 | Report Abuse

can break .50?

Posted by sd99 > 2021-05-06 09:38 | Report Abuse

wow

Posted by James Lee > 2021-05-06 09:42 | Report Abuse

finally...

Posted by sd99 > 2021-05-06 09:46 | Report Abuse

Ill take profit first.. thank you

Posted by Davidl > 2021-05-06 09:49 | Report Abuse

Good job! More to go!

Posted by James Lee > 2021-05-06 10:00 | Report Abuse

yes, better take some profit.