Hevea- A broken Gem is still a Gem

First of all, I would like to thank a " Blogger "  for bringing Hevea to spotlight again. Hevea has been trading boringly last few months. I am glad that they have brought some excitement to Hevea again.

I don't really know the truth of the allegation that made by Robert since I am not an insider. So, my evaluation of Hevea is solely based on the financial report and I still believe that Hevea is a good company and worth the risks.

Here is my reasons:

1 )  Despite all the allegations made by the " Blogger ", the performance of Hevea is still quite satisfactory judging from the latest two quater reports. Nothing really bad as proclaimed by the " Blogger " has happened. Company has turn to a net cash company and profit and margin is good. Cash flow is good too.

2)  Director has fulfilled his promise of rewarding shareholder. As promise in the AGM, director has started to pay dividen ( around 2.2% ) in two consecutive quater report. For me, I would say that he is the man of his word and trustworthy in my humble opinion.

3 )  I don't see any big problem in the latest report. Indeed, the profit has dropped 6% but it is mainly due to the shut down of operation and higher tax which don't really affect the fundamental of company. Besides, It has performed better than its peers such as evergreen and flbhd.

4 )  Hevea's prospect is still good. Tokyo Olympic is coming soon and Japan is the biggest custumer for Hevea. Ringgit is stable at RM 4. Company still focus on high quality product and it is popular in China. Everything seems fine for me.

Conclusion, I would like give my 2sens to those who are still holding keep calm and relax lah. We don't know what proclaimed by the " Blogger " is true or not but judging from the report, it is doing fine!! Ignore all the noises and believe in yourself and have faith. Let's walk through to this storm together!! Cheers !! Have a great day everyone!!

TOP 5 Highest Dividen-paying companies ( August 16 )

This is the list of companies with highest dividen-paying that ex-date is on AUGUST not whole year. For some, please read carefully and stop being ignorant and accusing me of being a liar. Thanks!! Based on all the announcement made and price on 02/0816.

5 )  AHP/ RM 1.02= 2.95% ( 18/8/2016 )

4 ) TNLOGIS/ RM 1.64= 3.05% ( 26/8/2016 )

3 )  PERSTIM/ RM 6.32= 3.17% ( 03/8/2016 )

2 ) PANSAR/ RM 0.45= 4.44% ( 24/8/ 2016 )

1) RCECAP/RM 0.75= 4.67% ( 26/08/2016 )