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.

11,528 comment(s). Last comment by emiteno 1 week ago

Posted by Aaron Kwok > 2016-03-09 10:00 | Report Abuse

plenty of sellers still.

Hotrod

730 posts

Posted by Hotrod > 2016-03-09 10:05 | Report Abuse

More buyers actually. Buy rate @ 71%

Posted by NeverGiveUp > 2016-03-09 10:07 | Report Abuse

sure got some good news soon....

Andy Lau

203 posts

Posted by Andy Lau > 2016-03-09 10:50 | Report Abuse

Aaron kwok, now 1.07, 1.08 la, where got seller more? Have confidence.

Hotrod

730 posts

Posted by Hotrod > 2016-03-09 10:52 | Report Abuse

Lol where is Leon Lai ? We need the 4 heavenly kings to push up Evergreen.

JN88

11,670 posts

Posted by JN88 > 2016-03-09 10:54 | Report Abuse

when the price up I can retired ady....bye bye evergrn. harvest the cell next year.kekeke

Posted by NeverGiveUp > 2016-03-09 11:21 | Report Abuse

who sapu all 1.08 huhuhuhu

Hotrod

730 posts

Posted by Hotrod > 2016-03-09 11:25 | Report Abuse

Volume super huge today.

Posted by NeverGiveUp > 2016-03-09 11:56 | Report Abuse

wu!back to 1.05

Posted by Aaron Kwok > 2016-03-09 11:59 | Report Abuse

dam

Posted by NeverGiveUp > 2016-03-09 12:04 | Report Abuse

X knew will back to 1.01 not

Posted by uptrend888 > 2016-03-09 12:06 | Report Abuse

EVERGRN formed a bullish engulfing bar near the RM1.00 psychological level with improved volumes. The MACD Histogram has turned green and the RSI is at the oversold position. Price may rebound towards the RM1.12 and RM1.18 levels. Support will be anchored around the RM0.99 level.

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-03-09 12:17 | Report Abuse

Evgrn play up down up..

Posted by Aaron Kwok > 2016-03-09 15:01 | Report Abuse

but this stock been down too long d.

Posted by pohcheong87 > 2016-03-09 15:07 | Report Abuse

seriously oversold

Posted by NeverGiveUp > 2016-03-09 15:20 | Report Abuse

up trend now ..buy no problem..

Posted by NeverGiveUp > 2016-03-09 15:28 | Report Abuse

yesterday 4pm raise lot...let see how today..

dalpinia

2,299 posts

Posted by dalpinia > 2016-03-09 15:33 | Report Abuse

later 4PM will have another show....buy now!!!

Posted by Alfred Boon Huat > 2016-03-09 16:04 | Report Abuse

Why say good bye with a just started engine counter... haha..

Posted by NeverGiveUp > 2016-03-10 08:44 | Report Abuse

oil gas go up.x know how everygrn today

zhm540

2,475 posts

Posted by zhm540 > 2016-03-10 09:10 | Report Abuse

heading back to 99 sen!

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-03-10 11:30 | Report Abuse

No !. If drop to 1.03 buy a little. If drop to 1.01 buy kau2. Now market looking at oil and USD Vix index. I waiting to c who going to blink first b4 i masuk. It does appear it will cross 4.12xx tonite barring any earth shattering news to the RM upside.

zhm540

2,475 posts

Posted by zhm540 > 2016-03-10 12:48 | Report Abuse

profit taking will take place for those who bought at 99s... which is today and tomorrow...and forced selling for those who bought at 1.07-1.08s next week!

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-03-10 14:34 | Report Abuse

We c who correct tonite

gypairz

23 posts

Posted by gypairz > 2016-03-10 16:08 | Report Abuse

opec meeting on 20 march

Posted by NeverGiveUp > 2016-03-10 16:18 | Report Abuse

pity who buy when 1.08 ...cry no eyes

Posted by Aaron Kwok > 2016-03-10 16:51 | Report Abuse

Muttoncurry, i admire your guts. U r rite! Congrats u bgt.
Seems shares are ahead by 6 months, hence RM will be up by then.

Andy Lau

203 posts

Posted by Andy Lau > 2016-03-11 08:53 | Report Abuse

Wah 4.12 now betul betul, mutoncurry feng shui master.

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-03-11 13:28 | Report Abuse

Please trade with caution. Oil price now trading beyond fundementals awaiting outcome of OPEC. RM now very strong.

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-03-11 13:33 | Report Abuse

Rig count data out tonite and market pricing in lesser count ... so oil is creeping up again.

VenFx

14,784 posts

Posted by VenFx > 2016-03-12 21:27 | Report Abuse

Do not worry..Market very smart , Evergn price has reflected the impact.

cm1973

8 posts

Posted by cm1973 > 2016-03-13 14:17 | Report Abuse

what's the TP?

YF24

1,224 posts

Posted by YF24 > 2016-03-13 17:39 | Report Abuse

Monday 1.10: )

Hotrod

730 posts

Posted by Hotrod > 2016-03-13 17:54 | Report Abuse

Zeti's resignation will bring down the RM. Just you wait.

Posted by Aaron Kwok > 2016-03-14 11:17 | Report Abuse

hotrod, maintain trust in you. stock has been down way too long. just waiting for the T plus 3 & forced selling to b over, anyone knows why rm is depreciating today when oil is up? a good start for the week though. cheers

zhm540

2,475 posts

Posted by zhm540 > 2016-03-14 11:19 | Report Abuse

let's see later today if there is forced selling for those who bought at 1.08! I put my queue already at 99s!

ExCFO

278 posts

Posted by ExCFO > 2016-03-14 13:31 | Report Abuse

Look like you guys has been having fun. I just got back from China. Their economy is certainly in recession like Malaysia. The decrease in demand is very obvious. It might be one of the factors that affect this counter. The weather in Msia certainly too hot. I look forward to flying home this weekend to enjoy natural aircon at home.;-)

gypairz

23 posts

Posted by gypairz > 2016-03-14 14:48 | Report Abuse

now is not that hot. heavy storm edi - 2.48PM KL Area

Posted by iloveshare128 > 2016-03-15 15:50 | Report Abuse

ExCFO, if u did notice, EVERGRN's biggest export is not to China... and with the RM continuing to be weak against USD, and based on its previous quarterly results, I don;t see a reason why it should trade at aroynd RM1.00. It should be trading at above RM1.70 in my opinion...

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-03-16 08:52 | Report Abuse

Ringgit looks fairly weak today. Can accumulate if pullback to 1.02

ExCFO

278 posts

Posted by ExCFO > 2016-03-16 14:19 | Report Abuse

yes Evergreen has a big customer base. Unfortunately, China is now one of the big power house. When it slow down it affect all the other countries as well. The result for the first quarter to 31 March should be ok.

spectre007

1,407 posts

Posted by spectre007 > 2016-03-16 20:14 | Report Abuse

So can buy now ExCfo? I lost a lot in this counter.. need to gain some back

YF24

1,224 posts

Posted by YF24 > 2016-03-16 21:50 | Report Abuse

Tomorrow 1.08 : )

newbie1234

880 posts

Posted by newbie1234 > 2016-03-17 08:38 | Report Abuse

usd drop.. hope exp stocks dont gg

mamatede

3,950 posts

Posted by mamatede > 2016-03-17 08:40 | Report Abuse

Looking at how dovish the fed on interest rate.. USD/MYR migh average lower at the range of 3.9 this year..

Hotrod

730 posts

Posted by Hotrod > 2016-03-17 12:55 | Report Abuse

Zeti's resignation will weaken RM. Don't worry.

Posted by Goodluck888 > 2016-03-17 13:26 | Report Abuse

The manufacturing industry result will extremely weaken compared to last year. This is not related to currency but it's global economy recession issue. Expected more downturn is coming....

kwongliang

549 posts

Posted by kwongliang > 2016-03-17 15:46 | Report Abuse

why huge buying queue @ RM 1.01 and RM 1.02 ????

Hotrod

730 posts

Posted by Hotrod > 2016-03-17 16:23 | Report Abuse

Something is brewing.

Hotrod

730 posts

Posted by Hotrod > 2016-03-17 16:26 | Report Abuse

CIMB's small cap report on Evergreen.

Evergreen (EVF) was represented by Finance Manager, Martin Leong. He met
with nine fund managers in Singapore. There were no major surprises from the
meetings. Management is cautious about demand from the Middle East, due to
the persistently low oil prices but so far, volume and pricing has remained
resilient. EVF commands 20% market share in the Middle East. Pricing
remains more favourable compared to South East Asia. In terms of product mix,
60% of EVF's sale of MDF is thick E2 boards, while the remaining are higher
value-added, low emission thin boards. With the improved automation from its
capex spend, EVF expects to cut its manual workforce from 2,500 to 2,400
employees by year-end.

The 2016 RM100m capex plan comprises the new particleboard line RM70m,
the new RTA furniture line RM20m and maintenance capex RM20m. The
timeline for the rollout of the new facilities is on track - the new RTA line will
commence in mid-2016 while the new particleboard line in Segamat will be
ready in late-2016 or early 2017.

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