The Group's principal activities are manufacturing and selling of ready to assemble particleboard furniture and other panel wood products.
Its earning per share has improved to 23 sens for 2009. Its last quarter (ending September 2010) earning is 5.65 sens per share, and cumulative earning from January 2010 to September 2010 (3 quarters) is 19.55 sens. Projected earning for 2010 is 25 sens per share. Its net assets per shares is Rm 2.02. Selling at 72 sens, this stock is greatly undervalued.
It has completed its major wave (I) & (II) and wave 1 & 2
Heveaboard gained 4.5 sens today to close at 72 sens with 1.3 million shares traded, it is possible that its wave 3 of major wave (III) has started.
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