Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
0.41   0.00 (0.00%)  0.00 - 0.00  0
10,915 comment(s). Last comment by john666 at Nov 27, 2020 4:27 PM
 7 people like this.
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83 posts

Posted by hl18 > Nov 26, 2018 10:50 AM | Report Abuse

my average is 0.56..Hopefully it will rebounce back

5781 posts

Posted by moneykj > Nov 26, 2018 10:50 AM | Report Abuse

Next year above 1.00

541 posts

Posted by mneo > Nov 26, 2018 10:55 AM | Report Abuse

Ho ho ho.... Expert is very concern now..... I can understand.... already out of expert lower range of 0,45-0.53 range... Normally sell down will last few days... might stay low for sometime....the stiff competition will be around at least few years.... the fittest survive... better look at Liihen .... market sentiment is bad also.... think there is high chance it will go below 0.4.....

659 posts

Posted by samuel > Nov 26, 2018 10:57 AM | Report Abuse

Tmr will drop more?

541 posts

Posted by mneo > Nov 26, 2018 10:58 AM | Report Abuse

No lah... better say next year 10.00 hohoho....Expert Con people again.... trust this Con man..... bankrupt faster....ho ho ho

Posted by moneykj > Nov 26, 2018 10:50 AM | Report Abuse

Next year above 1.00

373 posts

Posted by maxlee0508 > Nov 26, 2018 11:39 AM | Report Abuse

@mneo bro..... u kena con b4....

3190 posts

Posted by lloydlim > Nov 26, 2018 2:40 PM | Report Abuse

Price should go lower due to poor result & a very challenging prospect!

83 posts

Posted by hl18 > Nov 26, 2018 3:12 PM | Report Abuse

@moneykj...what makes you so sure tat the price will back to 0.49 in few days time? Any good news? Can share your view?

173 posts

Posted by bonbon > Nov 27, 2018 9:16 AM | Report Abuse

You buy more, it drops even more. In this market sentiment and with its poor financial result, I rather stay aside. Better safe than sorry

541 posts

Posted by mneo > Nov 27, 2018 10:15 PM | Report Abuse

The market sentiment is bad....the outlook of this company is challenging... qtr report is poor... The price will for sure continue downtrend.... there might be technical rebounce from time to time...better grab the chance to sell and preserve cash... Slow boiling frog..... the reality will be cruel... Below 0.4 is almost certain... Reaching 0.3 is a big possibility....

541 posts

Posted by mneo > Nov 29, 2018 8:06 PM | Report Abuse

Expert says tomorrow Evegreen will end back to 0.49. Please support him to push the price back to 0.49.....

Posted by moneykj > Nov 26, 2018 10:00 AM | Report Abuse

My avrg now is 47.25. In few days time the price will back to 0.49.

373 posts

Posted by maxlee0508 > Nov 29, 2018 10:12 PM | Report Abuse

@mneo bro.... u support lar.... i keep only.... no add more no bullet liao

62 posts

Posted by Jeremy_Chew > Nov 30, 2018 3:04 PM | Report Abuse

wow... 0.385 now... really attractive now...

George Leong
400 posts

Posted by George Leong > Nov 30, 2018 5:56 PM | Report Abuse

For those who are into export counters, can have a look at Focus Lumber.

62 posts

Posted by Jeremy_Chew > Dec 3, 2018 9:03 AM | Report Abuse

yup.. focus lumber is also another good counter, cash rich...

the good things i like about Evergreen are:
1) wood/timber related stocks have up-and-down cycles. It is almost (if not already) at the bottom of its down cycle now and the share price has hit the lowest in its history (first time hit below 40 sen)... it was lowest at 42 sen back in 2013/2014.

2) its net gearing ratio is improving from years to years. They used to have a lot capex to expand, but now they have almost invested the major capex that they need and I don't foresee a lot of $$$ will be injected for capex for the next couple of years.. their total debts have reduced. healthy debt/equity ratio.

3) it has a lot of tangible fixed assets. NTA is RM1.41, but share price is only RM0.395 now. NTA is 3.6x of its current share price.

4) Evergreen is the largest MDF producer in SEA. top 5 in Asia. And they recently expand heavily into diversification such as particleboards & RTA (Ready to Assemble furniture) which have higher profit margin than MDF. So even when market was poor, the small players will be wiped out first (just like what happened in 2011-2014) when economy was bad, many small MDF players closed shop. With that, total MDF supply in the market reduced and those players who still survived (Evergreen was one of them) came in to fill up the market demand. that 2015-2016 was great year for Evergreen. Again, bcoz this industry has a cycle. So just invest when everyone pulls out.. hold and wait... its peak will come back

373 posts

Posted by maxlee0508 > Dec 3, 2018 12:16 PM | Report Abuse

@jeremy_chew bro.... ths ur sharing ya....

492 posts

Posted by slee > Dec 6, 2018 9:03 AM | Report Abuse

0.385 should be the support area...

223 posts

Posted by ccmeow > Dec 11, 2018 2:10 AM | Report Abuse

Just bought some @ 0.395 to average, now my net purchased price is 0.46 . Still lost 0.07 .
Today , if go below 0.38 , I will buy few more to average , to 0.43 . It seems I have to keep this share for a long long time !

492 posts

Posted by slee > Dec 17, 2018 2:51 PM | Report Abuse


373 posts

Posted by maxlee0508 > Dec 17, 2018 4:33 PM | Report Abuse

@slee 兄弟。。很多股都跌破了。。跌的更凶大把。。我暂时放进冰箱了 。。等再低再加码。。哈哈哈。。

541 posts

Posted by mneo > Dec 18, 2018 9:36 AM | Report Abuse

It seems like the stock will hit lower... If the market continue to be this weak... Year 2019 could be the bad year for bursa...

541 posts

Posted by mneo > Dec 18, 2018 11:43 AM | Report Abuse

Another 8 point drop... Index stock also begin to show weakness.....

541 posts

Posted by mneo > Dec 18, 2018 8:57 PM | Report Abuse

look at the bright side..Trump will not let Dow and Nasdaq keep dropping... the bad market will be over soon... :-)

13826 posts

Posted by freddiehero > Dec 18, 2018 9:28 PM | Report Abuse

wah very nice discount

13826 posts

Posted by freddiehero > Dec 18, 2018 9:29 PM | Report Abuse

another 0.20 ?

4635 posts

Posted by necro > Dec 19, 2018 12:12 PM | Report Abuse

kilang dkt johor dah bungkus, kilang dekat Nilai line 2 xda untung, sudah tutup, line 1 je tinggal,tahun dpn bulan 3 line 1 close shop..pindah Thailand...aiyooo berapa byk kilang mahu tutup tahun depan ini Malaysia?...

541 posts

Posted by mneo > Dec 21, 2018 12:34 AM | Report Abuse

should implement share buyback ....

5781 posts

Posted by moneykj > Dec 21, 2018 3:34 PM | Report Abuse

Bottomed out

507 posts

Posted by omgimnoob > Dec 21, 2018 4:18 PM | Report Abuse

What if Dow Jones dropped to 20000

73 posts

Posted by crash8593970308 > Dec 21, 2018 5:55 PM | Report Abuse

geshen, mlab, evergrn, guh , bpuri, canone ,sycal, king of conman counter

261 posts

Posted by Limbeh > Dec 21, 2018 6:03 PM | Report Abuse

where is that harry te*? tot he say hold long term can be fruitful one.. tot this is his selected stock pick wor during mid2017.. now the price, almost all lose 60%+...

373 posts

Posted by maxlee0508 > Dec 21, 2018 10:39 PM | Report Abuse

@limbeh bro..... he macam cutloss long time oledi oo.... u got get wrong information mou...

373 posts

Posted by maxlee0508 > Dec 21, 2018 10:42 PM | Report Abuse

@moneykj bro.... what u think.... price will jump more mar... im waiting drop more baru tambah.... market macam not stable... up 1 day drop 3 day...

541 posts

Posted by mneo > Dec 21, 2018 11:17 PM | Report Abuse

just technical rebound lah.... going down also not everyday price goes lower.... bear also must rest sometime.... just long term outlook is bad... slow boiling frog mah....:-)

alam Rafik
116 posts

Posted by alam Rafik > Dec 21, 2018 11:18 PM | Report Abuse

I like it..its alway EVERGREEN for money...just go and with KING..ha ha

373 posts

Posted by maxlee0508 > Dec 22, 2018 12:31 AM | Report Abuse

@mneo hahaha.... bear oso need to rest r.... keep jump too tired right

541 posts

Posted by mneo > Dec 22, 2018 9:27 AM | Report Abuse

now the bear market is starting to show its power.... still cannot feel or see it ? I believe Mr Doom, CPTeh will be happy. His long waiting days is finally coming after shouting for Doom days for so many years.... I think he might continue to post Doom message every week...LOL..

492 posts

Posted by slee > Dec 23, 2018 10:10 AM | Report Abuse


288 posts

Posted by limweebeng > Jan 2, 2019 11:49 AM | Report Abuse


4635 posts

Posted by necro > Jan 3, 2019 1:31 PM | Report Abuse

today 8 senior staff kena buang...28/1 Nilai factory officially close shop...

373 posts

Posted by maxlee0508 > Jan 3, 2019 3:33 PM | Report Abuse

@necro bro.... 8 senior staff kena buang include u r....

474 posts

Posted by commonsense > Jan 8, 2019 12:19 PM | Report Abuse

Even though the company is currently trading at only 12 months trailing earnings of 8.4x PE, it might not be sustainable going forward especially with the drop of profit recorded in 3Q18. Given the expected higher cost of operation due to higher log, glue and labour cost, it is expected that the profit level will most likely remain at the 3Q18 level in FY19. To make it worst, the oversupply of particleboard has depressed the average selling price of the company’s products (which also had affected the profit margins). However please take not that 3Q18 positive result was mainly due to an investment income of RM10.1mil. If you were to exclude this, the company would have actually posted a loss for the quarter.

Assuming the market improve and the company managed to record an almost similar profit level of FY18 (core profits were better in 1Q and 2Q of the year. However, 2Q18 result has also a negative goodwill of RM8mil. Excluding that the PAT would have drop to around RM4 mil) of around RM20mil in FY19. This means at the current share price, the company will actually be trading at a forward PE of 14.3x. This is higher than the industry average of below 10x.

The company has a strong balance sheet with net gearing of only 9.5%. Currently the company is only trading at a PB valuation of 0.3x. It might be a very good candidate for those investors with long term investment horizon (more than 5 years).

If you are looking to diversify your portfolio outside of Evergreen Fibreboard (due to near term earnings uncertainties caused by weak particle board market), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.2x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.

Good luck.

5781 posts

Posted by moneykj > Jan 9, 2019 9:57 PM | Report Abuse

Still want to wait 0.25 baru mahu masuk kah? Hahaha...

373 posts

Posted by maxlee0508 > Jan 10, 2019 4:38 PM | Report Abuse

@moneykj bro.... apa macam... ll

5781 posts

Posted by moneykj > Jan 11, 2019 9:56 PM | Report Abuse

I share my 2019 stock pick:

Mr. Tan, my picks as below:



Johotin, Eatech, Orion are ang pow counters.

Orion and Orion w is my multibaggers.

208 posts

Posted by 难得糊涂 > Jan 12, 2019 6:49 PM | Report Abuse

Looking good

163 posts

Posted by BrahmaBull > Jan 13, 2019 8:37 PM | Report Abuse


492 posts

Posted by slee > Jan 18, 2019 2:55 PM | Report Abuse


60 posts

Posted by jackMaDe > Jan 22, 2019 5:37 PM | Report Abuse

have a good feeling about this counter

James Ng
2010 posts

Posted by James Ng > Jan 23, 2019 1:35 PM | Report Abuse

[转贴] [EVERGREEN FIBREBOARD BHD:随着该地区内新产能的推出,该行业的竞争继续加剧,预计在价格竞争加剧的情况下,经营环境将更具挑战性] - James的股票投资James Share Investing

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