EVERGREEN FIBREBOARD BHD

KLSE (MYR): EVERGRN (5101)

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Last Price

0.31

Today's Change

0.00 (0.00%)

Day's Change

0.305 - 0.31

Trading Volume

327,200


7 people like this.

11,512 comment(s). Last comment by Tanleechoo 1 month ago

007007

772 posts

Posted by 007007 > 2022-04-21 11:59 | Report Abuse

But if they are not good enough, both will lose money.... in which case the investor will lose much more than the trader. The market is fair and impartial.

007007

772 posts

Posted by 007007 > 2022-04-21 12:01 | Report Abuse

If you are a good trader, then trade. If you are a good investor, then invest.

vcinvestor

403 posts

Posted by vcinvestor > 2022-04-21 12:30 | Report Abuse

And if you are neither? You hang out at i3investor forums

007007

772 posts

Posted by 007007 > 2022-04-21 18:25 | Report Abuse

This counter is still selling at 37% discount to its net assets per share.

007007

772 posts

Posted by 007007 > 2022-04-21 18:47 | Report Abuse

Two weeks ago Texchem was also selling at a big discount to its net assets per share..... today it's selling at 28% above its net assets per share.

Richard2

21 posts

Posted by Richard2 > 2022-04-21 18:49 | Report Abuse

Texchem sushi king is back, currently it was traded at 1.25 x BV. Evergreen which will benefits from Indonesia capital shifting from Jakarta to new capital Nusantara where millions of new house will be built shall also be traded above its BV.

007007

772 posts

Posted by 007007 > 2022-04-21 20:20 | Report Abuse

Evergreen has one more huge advantage.... the rising dollar. All its sales are in dollars and its production costs are in ringgit.... hence double whammy positive profit impact .

007007

772 posts

Posted by 007007 > 2022-04-21 20:23 | Report Abuse

Even Mieco is now selling at 1.8 times net assets value.

007007

772 posts

Posted by 007007 > 2022-04-22 15:21 | Report Abuse

Ringgit now 4.32 to the dollar

Richard2

21 posts

Posted by Richard2 > 2022-04-23 13:04 | Report Abuse

I think investor are more willing to pay higher for Mieco as it's current profit margin of (7.38) is higher than Evergreen (3.81). Evergreen after restructure, disposing its loss making business and back to normal after COVID-19 restrictions with higher ASP Evergreen profit margin will rise higher. Stronger USD will also strengthen its earnings. As current Ukraine war not ending soon commodities will still remains high. I believe Evergreen is on the right path of recovery. Hopefully it can create new high of earnings surpass previous high of 71.44M in 2016 prior BI.

Richard2

21 posts

Posted by Richard2 > 2022-04-23 13:17 | Report Abuse

If Evergreen is selling at 1.8 x NTA of RM 1.22 share price shall be around RM 2.19...HUAT..

Posted by waorangsiam > 2022-04-24 12:35 | Report Abuse

syiok! usd/rm chart sangat bagussssssssssss! trend naik jadi! ini kali lah evergreen!

Posted by waorangsiam > 2022-04-24 12:39 | Report Abuse

dulu macam ini, tahun 2015, usd/rm uptrend gila, evergreen uptrend gila juga

Posted by waorangsiam > 2022-04-24 12:56 | Report Abuse

strategy: buy low sell high, buy low sell high

Richard2

21 posts

Posted by Richard2 > 2022-04-24 18:08 | Report Abuse

【投资主题】2022年可不能错过的投资主题, 错过了可能要等上10年 The investment theme that shouldn't miss in 2022
https://youtu.be/4mNGck9HPOI

007007

772 posts

Posted by 007007 > 2022-04-25 15:14 | Report Abuse

Ringgit now 4.36 to the dollar.

Posted by waorangsiam > 2022-04-25 16:10 | Report Abuse

evergreen not drop much. wait mieco drop below 73cent can buy

Icon 888

2,215 posts

Posted by Icon 888 > 2022-04-26 22:24 | Report Abuse

Very strong

Richard2

21 posts

Posted by Richard2 > 2022-04-27 13:24 | Report Abuse

Strong evergreen will back to 2015...

007007

772 posts

Posted by 007007 > 2022-04-28 18:14 | Report Abuse

Texchem is now trading at 33% ABOVE net assets per share while Evergreen is now at 30% BELOW net assets per share.

007007

772 posts

Posted by 007007 > 2022-04-28 18:17 | Report Abuse

Just 6 months ago Texchem was trading at 45% below its net assets per share.

Richard2

21 posts

Posted by Richard2 > 2022-04-29 08:02 | Report Abuse

Now Texchem already traded at 1.39 x BV... Stronger USD will lift Evergreen earnings for Q2 2022. Evergreen continue uptrend

jy87

15 posts

Posted by jy87 > 2022-04-30 14:32 | Report Abuse

TP?

Posted by adikhantamking > 2022-05-01 12:06 | Report Abuse

Uptrend stock ^^

Richard2

21 posts

Posted by Richard2 > 2022-05-02 19:59 | Report Abuse

Short term player cash out/sell before long holiday... let's see. After holiday it will bounce back.

007007

772 posts

Posted by 007007 > 2022-05-05 10:46 | Report Abuse

Longer term investors are collecting.

007007

772 posts

Posted by 007007 > 2022-05-06 09:18 | Report Abuse

Ringgit weakened to 4.37 .

Superb99

6,577 posts

Posted by Superb99 > 2022-05-06 15:25 | Report Abuse

no more momentum...gg.com

gogogolee

133 posts

Posted by gogogolee > 2022-05-06 16:22 | Report Abuse

gg...........back to nevergreen

Posted by adikhantamking > 2022-05-06 17:07 | Report Abuse

shake out weaker , than rebounce

good job today

Posted by moneycome123456 > 2022-05-06 19:35 | Report Abuse


KUALA LUMPUR: Evergreen Fibreboard Bhd is well-positioned to weather near-term headwinds, driven mainly by adverse weather and global macro events, Hong Leong Investment Bank Bhd (HLIB) said.

The bank-backed research firm said this was due to the wood-based manufacturer's well-integrated operations and its diversified production bases.

While the company has noted some tightness in log supply in Malaysia due to the longer than usual wet season since the end of 2021, which caused two major floods, it has diversified into using mixed tropical wood and wood chips instead of solely using rubberwood to help alleviate the shortage in rubberwood log supply.

HLIB Research said this had helped Evergreen to maintain near-full utilisation of its particleboard (PB) and ready-to-assemble (RTA) plants except for the medium density fibreboard (MDF) plant due to log supply shortage.

"We are not overly concerned about this as these challenges are not structural or permanent in nature.

"Overall, the company is still riding on a positive momentum driven by recovering demand in the panel board and furniture market," it said in a note.

Meanwhile, HLIB Research said Evergreen was also in the midst of installing solar panels across three of its major Malaysian plants.

"The structure for installing these solar panels is 'zero capex' whereby Evergreen does not incur any cash outflows.

"The solar panel operators entirely bear the installation and maintenance costs.

"Evergreen only pays a fixed tariff for the next 25 years at a substantially lower rate than Tenaga Nasional Bhd's standard tariff, thus resulting in cost savings for the company," it added.

HLIB Research has maintained its 'Buy' call on Evergreen with an unchanged target price of 94 sen.

Posted by adikhantamking > 2022-05-10 13:43 | Report Abuse

https://www.theedgemarkets.com/article/malaysias-march-2022-industrial-output-spikes-86-mom-51-yoy?type=malaysia

Thank you for good price just now , mostly off short player all shake out d ^^

Superb99

6,577 posts

Posted by Superb99 > 2022-05-10 14:26 | Report Abuse

Buy the ticket and fly to holland

Posted by adikhantamking > 2022-05-10 15:08 | Report Abuse

Shake all shorterm huhu

carimakan

2,491 posts

Posted by carimakan > 2022-05-10 15:11 | Report Abuse

terjunam pandalela.. lock profit first..

Posted by adikhantamking > 2022-05-10 15:44 | Report Abuse

Show time

nono_hardi

226 posts

Posted by nono_hardi > 2022-05-10 15:52 | Report Abuse

20th april the big holder is silently solding out thier lots dy...

Posted by adikhantamking > 2022-05-10 17:14 | Report Abuse

Great washhhh!

Posted by adikhantamking > 2022-05-10 17:15 | Report Abuse

Longterm always win !!!

Richard2

21 posts

Posted by Richard2 > 2022-05-12 08:58 | Report Abuse

Good time to collect

Posted by adikhantamking > 2022-05-12 16:56 | Report Abuse

good price collect lagi ^^ thank you dip dip

Jack King

77 posts

Posted by Jack King > 2022-05-13 11:43 | Report Abuse

Low price, best time to collect.

gogogolee

133 posts

Posted by gogogolee > 2022-05-16 15:01 | Report Abuse

otw to holland

Posted by wallstreetrookie > 2022-05-16 18:22 | Report Abuse

Evergreen Fiberboard Berhad raised to Overweight

With a long term price target of RM1.80

Posted by wallstreetrookie > 2022-05-17 10:11 | Report Abuse

Accumulate

Posted by adikhantamking > 2022-05-17 12:29 | Report Abuse

almost clear all contra trader , rebounce already ^^ huhuhuh

Richard2

21 posts

Posted by Richard2 > 2022-05-17 12:50 | Report Abuse

Still short term traders are disposing while value investor are collecting.
Recent share holder changes can see EPF is adding 1,402,600 shares while JP Morgan bought 14,156,215 shares.

Icon 888

2,215 posts

Posted by Icon 888 > 2022-05-17 14:04 | Report Abuse

Game over liao … distribution already start from 0.75.. see u 0.30

Posted by adikhantamking > 2022-05-17 15:48 | Report Abuse

wash wash wash

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