you are a super entertainer talkrealreal..this is real talk lah talkrealreal..I find you so amusing, so entertaining..hahahahaha keep up with your entertaining comments...I love every word of it...hahahahahaha and before I sign off....good night and have a nice weekend
We wish to share our informations of Evergreen in this forum with those interested in the company. Those whom are not interest, we just ignored them and they will drop off.
Average Ringgit against USD for 3rd quarter was 3.18 and Oct was 3.27, Nov was 3.34 and Dec will be higher. Average for 4th quarter > 3.31 or >4% better than 3rd quarter. Earning in Ringgit will improve further next quarter.
Today broken sma200 0.54. Downtrend is confirmed. Those think they can sleep soundly everynight..no need to telan sleeping pills will be disappointed. You can sleep sound for two years and wake up and see that your stock has evaporated and long bankcrupt. Is it true it has bottomed out? Wait and see.
Everygreen Sun God Promoters SELL and ALL TRUSTING, GULLIBLE & UNSUSPECTING IKAN BILIS BUY!! Those think the Sun God is the true God and turned out to be the golden calf
Sorry, I am not a promoter for Evergreen fibreboard but a retail investor like most of you. Today, it's true that the stock is dragged down by the sharp plunge in KLCI. As mentioned, I will maintain my long term view on the stock unless it breaks cut loss price.
sell on rebound. if you are fortunate tomorrow may be reverse hammer following by long red candle.I can be wrong. Today volume is too low and can be fake push. So be careful.
Klci break support, I wouldn't hesitate to sell the weakest share in ny portfolio. Evergreen is certainly the first to be out. Buy stocks that can give dividend.
Most of furniture companies are doing good last few quarters and their raw materials of furnitures mostly are Particle or MDF boards. It is time for Evergreen to move up now.
Evergreen versus Vanachai( Thailand), Rm 318M : Rm 1258M in Market capital. Both are biggest Board manufacturer in their country. Turnover is about Rm 1 billion. Same type of business: Particle and MDF boards. Evergreen just turnaround from lowest 0.45 to 0.62 Vanachai's had move up 300% from low.
Malaysia Ringgit was dropping against Thai Bath by 7% for the last 3 months( oct to dec,2014). This mean that Evergreen Malaysia was more competitive now as compared to Vanachai Ltd( Thailand). Ringgit versus Chinese Yuan also dropping by 7% and more demand of particle/MDF boards from China, Evergreen is more competitive and efficiency now as compared 3 months ago.
For the past week, 3rd liner counters were neither down or maintain. But Evergreen was reversed trend up. Volume increased come with price up. Why at this bad time? There must be good news behind yet to be known by public. I forecast the counter will continue uptrend until good news release most likely at before CNY.
If fake push, volume will drop significant and price will drop back. This time, look like genuine buyers coming in. Volume don't drop and price stable. Weak players take profit and when market condition turn good, another push is expected. Good luck.
Here comes the bulltrapstock again! Yunnan, look at the trend, it is analogous to tide and wave, don't be confused by ripples. Retail investors have a common weakness, which is monitoring share prices too closely. Emotion will get in and you will be defeated by the fluctuation. In a uptrend, you will see more up days than down days and the price keeps advancing over the time.
Que sera sera...if you want to sell....please sell...if you want to buy...please buy.....whatever the situation is I am long EVERGREEN as its empowered biz model will sustain its competitive edge in the industry it competes in...the controlling shareholder who manages the company had done very strategic work by investing in empowering its biz model to be a quality, reliable yet very cost competitive player in the industry it competes in...current market price does not reflect its value.....Price is what you pay; Value is what you get.
EVERGREEN ..the Fallen....shall be Restored in 2015.....2015 will be the start of the upswing in EVERGREEN share price...
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....
nbtrend
134 posts
Posted by nbtrend > 2014-11-28 17:32 | Report Abuse
Have a nice weekend! Sunztzhe.