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 1 hour ago

VenFx

14,784 posts

Posted by VenFx > 2016-03-03 22:04 | Report Abuse

JN88, has u show any sign of reversal yet ?

Posted by kokchengkai > 2016-03-03 22:04 | Report Abuse

tecnical chart show oversold statuts now..anyway so far tis company is in profit zon and belance sheet is in healthy number..fundamental is good .

JN88

11,670 posts

Posted by JN88 > 2016-03-03 22:33 | Report Abuse

VenFx: The price from 1.60 drop to now 1.03= 57sen

Total shares before =512million

After Private placement=564million

After Bonus Issue=846 million.

Nah tiba tiba 330million shares keluar(OMG!!)....u know what happen la...some more before bonus issue....up from 2 to 2.4 wahhh cantek gambar ini, itu tipu punya....extra charge ady....something like after u makan at restaurant they charge u service charge+ GSTTT..wakakakaka

JN88

11,670 posts

Posted by JN88 > 2016-03-03 22:36 | Report Abuse

Yes there is over sold, but you have to consider b4 bonus issue, OVER RATE.

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-03 22:36 | Report Abuse

Good highlight, juz patient and wait lor... they eat the main dish ,side disk for ikan bilis.

JN88

11,670 posts

Posted by JN88 > 2016-03-03 22:38 | Report Abuse

ToPGLOVE also like this ma....semua serupa ma....

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-03 22:48 | Report Abuse

That's what will happen while market cant absorb, especially in this kind of market sentiment. So, fund have no way out but to chop the price at higher point & start to flushing out contrarian and to trap those entry at the high side.
While at the U turn, fund will push it quick to a slightly higher on the mid band of the price gap from the action done.

cooling

1,676 posts

Posted by cooling > 2016-03-04 00:21 | Report Abuse

wee...that's rattan furniture...not wood...must be clear...

cooling

1,676 posts

Posted by cooling > 2016-03-04 00:22 | Report Abuse

not fiberboard....any rattan counter?...

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-04 04:56 | Report Abuse

Trading range : $1.02 - 1.23

Hulk

596 posts

Posted by Hulk > 2016-03-04 07:56 | Report Abuse

Hevea & Pohuat & Liihen all are cheaper then Evergrn.

JN88

11,670 posts

Posted by JN88 > 2016-03-04 08:37 | Report Abuse

Yesi...all cheaper than EVRG.....sell all EVG now...become cheap cheap so I can buy wakakkakaka

Posted by skylifttoptoptop > 2016-03-04 08:53 | Report Abuse

malaysia export data due date... huat huat !

Posted by skylifttoptoptop > 2016-03-04 08:55 | Report Abuse

dont buy now, buy later 1.15

Hotrod

730 posts

Posted by Hotrod > 2016-03-04 09:05 | Report Abuse

Trend reversal !! buy !!

Posted by Starstruck > 2016-03-04 09:21 | Report Abuse

no laaa..they pushed the price in the morning then dump kaw2 before close..same pattern

Hotrod

730 posts

Posted by Hotrod > 2016-03-04 09:32 | Report Abuse

Evergreen is oversold beyond fundamentals. They still have a wildcard in hand which is the plantation that is available for sale.

Posted by greenbucket > 2016-03-04 09:49 | Report Abuse

selling pressure is still high at this juncture, only if evergreen able to break 1.08-1.10, then it could be a real sign of rebounding! as of now, looks like its a dead cat bounce.

JN88

11,670 posts

Posted by JN88 > 2016-03-04 09:58 | Report Abuse

Starstruck: pandai oo...kiki this people still gt at least 100million shares to throw... celaka....

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 10:20 | Report Abuse

the fake support at $1 seems to indicate to me that they still have a lot to throw. Who knows.

JN88

11,670 posts

Posted by JN88 > 2016-03-04 10:31 | Report Abuse

They try to throw within range of 1-1.05 to get more money...kekeke

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-03-04 10:46 | Report Abuse

JN .. cannot .. queue tipu. I will take my chances next week. Upside is limited. Moreover tonite US rig count data will be out and expected lesser rigs producing which means Crude may be going up past USD35. This morning Brent holding very well. Ringgit slightly under pressure due to dollar index strong but i dont expect it to last long either tonite. Likely range usd/myr around 4.11/4.12 range after rig count data.

saltedfish

3,282 posts

Posted by saltedfish > 2016-03-04 11:04 | Report Abuse

Bottoming liao

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 11:05 | Report Abuse

Expect huge throwing on Monday as huge numbers of T+3 due on Monday and Tuesday.

Posted by kokchengkai > 2016-03-04 11:12 | Report Abuse

not only selling pressure .....im saw buying pressure too at 1.04 hahahaha.....wat izzit..which stupid throw money in tis?use money push up to 1.05

Hotrod

730 posts

Posted by Hotrod > 2016-03-04 11:15 | Report Abuse

ExCFO .... everyday is a T+3 to you huh ? what nonsense.

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 11:31 | Report Abuse

Have a look at the volume of the last few days.

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 11:32 | Report Abuse

My brokers advise me that about 20% to 25% are contra players

Hotrod

730 posts

Posted by Hotrod > 2016-03-04 11:37 | Report Abuse

So if everyday is a T+3 day, do you mean that the stock will never get to go up again ?

Posted by handsomfoo > 2016-03-04 11:47 | Report Abuse

We need traders to stir the shit...

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 11:48 | Report Abuse

It depends on the turnover. You could roughly work out what those contra player is going to throw and what the has changed hand already whether the demand is greater than the supply.

Posted by radiance123 > 2016-03-04 11:55 | Report Abuse

this counter need to chill

JN88

11,670 posts

Posted by JN88 > 2016-03-04 11:56 | Report Abuse

simply can drop to below 1.....i think the shark move to Airasia ady.... celaka..

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 12:08 | Report Abuse

Hotrod have a look at Evergreen now. those who bought this morning are in trouble already. What happen next is that they will panic and cut losses and push the share price down below $1. JN88 will then sapu all while I watch. LOL

saltedfish

3,282 posts

Posted by saltedfish > 2016-03-04 12:19 | Report Abuse

Wait until all PP holders clear their stocks

nich0las

2,786 posts

Posted by nich0las > 2016-03-04 12:20 | Report Abuse

omg, evergreen drop until today 1.01 lower. Scared will drop to 0.90. >.<

kwongliang

549 posts

Posted by kwongliang > 2016-03-04 12:20 | Report Abuse

it is going to be penny stock...

knylck

69 posts

Posted by knylck > 2016-03-04 13:20 | Report Abuse

At time like this.. people like me shall just sit down, eat popcorn and watch.. haha

Posted by Aaron Kwok > 2016-03-04 14:44 | Report Abuse

funds seems like coming in

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 14:45 | Report Abuse

Big fish coming

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 14:45 | Report Abuse

be careful don't keep

Posted by greenbucket > 2016-03-04 14:46 | Report Abuse

what u mean big fish ExCFO? can clarify? if big fish coming is good right?

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 14:50 | Report Abuse

Have you ever go finishing. I used to fish in NZ. When the Kawai came they came in a group and all little fish is running around. I throw my spinner down and pull up a fish and drop my spinner in again real quick. But those kawai would just be there and disappear in five minutes if you get what I mean.

Posted by greenbucket > 2016-03-04 15:01 | Report Abuse

wooooow! interesting development there by the big fish.

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 15:03 | Report Abuse

I am a day trader. I am out within two ticks then I sit there and wait as the risk got higher

saltedfish

3,282 posts

Posted by saltedfish > 2016-03-04 15:09 | Report Abuse

Haha didn't I say bottoming out?

Posted by Aaron Kwok > 2016-03-04 15:14 | Report Abuse

banker chips are indeed here for a fast one

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 15:26 | Report Abuse

Have a look at Latitud trading at PE of 6. If it happen to Evergreen it would be trading at 67c!!!

ExCFO

278 posts

Posted by ExCFO > 2016-03-04 15:32 | Report Abuse

4pm might be an interesting time to watch

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