Vanachai Ltd Thailand, price went up quite significant last week in expecting next quarter result out next week. All particle/mdf board counters; mieco, evergreen and hevea recoverred from last month drop and all counters are in uptrend. With Ringgit dropping against USD,next quarter must have good result.
MDF board sale volume increased by 20% and sale price increased by 9%: particle board sale volume increased by 64% and sale price increased by 3% as compared to last year for Vanachai. Production of Evergreen is 85%MDF board and 15% is particle board. Price increased of 9% in MDF is more advantage to Evergreen.
Evergreen gross profit margin is 24% against Vanachai of 23.5%. It is more competitive now as compared to last few quarters. Particle board production line was under major maintenance, otherwise result might be even better. Next quarter, Ringgit is dropping quite significantly and expected the profit margin will improve further. With 3rd quarter earning of 2 cents, annualized PE of 7, the price has room to go up in the near future.
Buy EVERGREEN, you can sleep very well with EVERGREEN. EVERGREEN is a turnaround stock...It has fine-tuned its business model to be very cost competitive which also produce consistent quality products...EVERGREEN sells to the global market...made its first profit after years of losses..this empowered biz model will propel its share price much higher ...future quarterly report will be much better than the current reported figures...good news is it's still not on analysts radar coverage as yet...Price upside is much more than downside!!!
With its empowered new biz model which gives it the cost competitive edge and the capability and capacity to produce and sell consistent and higher quality products, there is a strong possibility that EVERGREEN will surpass its all time high of RM 1.86 in the future years!!! One should just buy EVERGREEN without any hesitation and long this stock.
stop dreaming. pe negative, lousy stock, lost money every quarter for sevral years. beware of fake push and get trapped. take profit while you can. correction coming soon. sell!!!
year quarter. revenue. profit 2014-12-31 2014-09-30 234,488 11,983 2014-12-31 2014-06-30 215,811 -21,593 2014-12-31 2014-03-31 239,516 -2,869 2013-12-31 2013-12-31 252,094 -8,294 2013-12-31 2013-09-30 233,977 -10,298 2013-12-31 2013-06-30 225,845 -12,228 2013-12-31 2013-03-31 226,801 -18,344 2012-12-31 2012-12-31 235,015 -15,535 wow truely loss making money check gpharos, people think one quarter profit start to turn around. now another loss making quarter, check the chart in gpharos. I am afraid evergrave will be next one. downtrend counter better don't touch!!!
wah long kang share.previously up 10% then drop 20%, really bull trap. what rubbish is this? year to date still lost making. worst than SEAL. seal i shot and this one really not worth my bullet.
hosei, This stock had already bottomed out. How to kalah when u had already gone in at bottomed price? What is EVERGREEN price at bottom and what is its price now? Do you have any TA software to get this info?
The most important factor in any stocks is...what is its biz model? Will its biz model empower the company to increase revenue, increase profits, produce higher quality products, increase market share further...
history going to repeat itself like in august. one day up then all the way down. take profit while you can. Yesterday reverse hammer, today red candle confirm downtrend continue.
Bull trap? Bull run ahead! This stock has been bucking the up trend of KLCI and KL Small Cap Index for more than 3 years. It's building a solid base and poised to trend higher in the coming 1~2 years. DON'T BE SHORT-SIGHTED. Down a bit and you say it's a bull trap, why keep staring the share price so closely? Look at the big picture, have a look at the weekly and monthly charts please.
Another quarter of bad result will all go downs the drain. There are many profit making company. Why pick one that keep losing and base on your hope in 2 years time. 2 days also cannot guess, let alone 2 years. Take profit while you still have chance. Invest base on facts but no hope. Tomorrow OPEC result out is going to drag down own Malaysia market that depends on oil.
Agree. Been trapped once in August, still not learn the lesson? Revenue so high and profit so low. Never seen such a poor performance furniture related stock. Buy any of hevea, latitud, homeriz, pohuat much better. look at their profit margin. This is a lousy stock - Pooi....
Look at the major share holders of the company. There are many institutional investors who are slowly increasing their holdings for the past few years.
The answer is obvious about the shares.
This is the days they are hoping for.
They wont listen to our blog but make use of it to their advantage.
laugh die me. 0.005 also happy. tell you the reason why price doesn't change much. it is a dead stock, no many people want to trade, wakaka. up 0.86% down 10%
EVERGREEN closed up today..one of the rare stocks that went against KLSE down closing. EVERGREEN broke above its 200 MA on 31/10/2014 and had always stayed above its 200 days MA since then. Its UPTREND is intact. I can see Long term money coming into EVERGREEN, slow accumulation is taking place. One should just buy EVERGREEN now and hold long term. This is a potential 3 bagger stock within next 2 years.
I see smart long term money accumulating EVERGREEN under the radar...No need to talk too much and talk real real... you can just stay on the sidelines and watch EVERGREEN price performance 1 year, 2 years from now.....and please let me know your verdict in 1 year and 2 years from now. Countdown starts today...EVERGREEN price@ 58.5 cents, Countdown date: November 28, 2014...the rest of i3 forumers here are the witnesses....I stand to be corrected by you in 1 year and 2 years from now but I am very confident that EVERGREEN will make sure that I wont be corrected by you...1 year and 2 years from today ie. November 28 2014......hahahahaha
nbtrend, Thanks for your advise. Just for the records,
I have stated that Countdown starts today...EVERGREEN price@ 58.5 cents, Countdown date starting from: November 28, 2014...the rest of i3 forumers here are the witnesses...you are also the witness ...so is talk real real.
November 28 2015: What is EVERGREEN price November 28 2016: What is EVERGREEN price
Don't be so serious with those guys, sunztse. They will hide and stop commenting on this forum once they see the stock trending up. If down a bit today, not need to wait till 2015, they will come out to show off how accurate their predictions are. Ignore them and time will tell...
nbtrend, I can see what is their modus operandi and they wont be here unless they hope to buy at cheaper price by posting their comments....Infact I am extremely amused...kind of free entertainment for me.....hahahaha. Have a good weekend!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tonywong8
471 posts
Posted by tonywong8 > 2014-11-04 16:50 | Report Abuse
Vanachai Ltd Thailand, price went up quite significant last week in expecting next quarter result out next week. All particle/mdf board counters; mieco, evergreen and hevea recoverred from last month drop and all counters are in uptrend. With Ringgit dropping against USD,next quarter must have good result.