HEVEA (5095)
Buy on pullback to RM1.40


For 1/9/2006 the closing price was 1.4800.
Overall, the bias in prices is: Upwards.
Short term: Prices are moving.
Intermediate term: Prices are trending.
The projected upper bound is: 1.58.
The projected lower bound is: 1.40.
Stop Loss: 1.35

Business Activity
MANUFACTURING & TRADING OF PARTICLEBOARDS AND WOOD-RELATED PRODUCTS AND INVESTMENT HLDG

Recent Announcement:
17/8/2006- HEVEABOARD - DIRECTOR SHARE PURCHASE DURING CLOSED PERIODHEVEABOARD reported that YOONG TEIN SENG, YOONG HAU CHUN and LOO SWEE CHEW had via GEMAS RIA sb purchased a total of 300,000 shares in the Company at prices ranging from RM1.15 to RM1.20 per share during the closed period.

9/8/2006 - HEVEABOARD - SUBSTANTIAL SHAREHOLDER SHARE PURCHASE DURING CLOSED PERIODHEVEABOARD reported that GEMAS RIA, substantial shareholder, had on Aug 1, 2006 acquired 222,900 shares in the Company at RM1.09 per share during the closed period. The transaction was previously reported as a disposal.