HEVEA Board – a buy call with a target price at RM 2.50

We have monitored its result for a while. Stock price from RM 1.30 rose to today RM 1.80 level. With the recent quarter 8.99 cents EPS and NTA above RM 2.60. We rated this stock as buy with a target minimum to RM 2.50. However, we don’t recommend strong buy at this stage. Mildly buying below RM 1.80 will be good.