ringgit from 3.25 to 4.2 depreciated 30%
vietnam dong from 21500 to 22381 as at 2 day how many percent depreciated less than 5 %. so, compare 2 lihen, hevea shh which all operations are in malaysia which one is affected most. so, 5 %depreciation in dong will have less impact 2 company gp compare 2 other factors i have stated before. this is my view d facts.

sc, from the latest q results, we can see almost 75%(last year more than 80%) revenue of the company is from their veitnam operations which is dominated in doung. so the group sales AND COST OF SALES are not dominated in riggit. so the forex factor like from 3.25 to 4.20 will not have severe impact 2 the com gross profit margin but have severe impact 2 the com net profit margin.(forex factor not only affect com revenue but fair vaLUE gain or or loss of the com assets and liabilities)appear in other income and other expenses after gp but before net profit of the com.

no, i don't think forex factor alone can contribute 2 increase gross profit of the company. but i believe forex factors will affect the net profit of the company. anybody an accountant here can explain more about this topic

what i said is based on facts on latest financial results.

some highlights from latest financial results
sales drop about 10% in term of usd revenue for six month periods but gross margin increase about 27.6% due 2 improve productivity, high margin products and venture 2 upstream activities effect bear fruits. now latitud enjoying 20% gross margin(most significant facts excluding exceptional items) compare 2 15.5% gross margin last year. more importantly another 10m for plant and machinery expansion from latest quarter. in term of roe mention by jt yeo, i strongly believe with my facts will easily surpass 20% by next few quarters, let us wait and see

latitud now is running by younger generation mr.lin c h. which is more ambitious compare last time and their business now presence in 3 countries which is malaysia,thailand and veitnam. i consider this counter is growth stock and don't look at their dividend and bonus. i believe latitud will become leader in the industry not only in malaysia but in asia after knowing their future plan

RESULTS WITHIN EXPECTATION
ANNUAL REVENUE RM800,000M AND 12% NET PROFIT
THIS IS MY PREDICTION BEFORE

me, top up few lots today, latitud is my biggest investment in my portfolio now, 2 more weeks 2 go before financial results

depreciation of ringgit is just 2 give a bonus point 2 latitud

sure not game over, why just look at exchange rate 2 determine the value of the latitud. i bought laittud since oct 2013 when ringgit is around 3.20 to usd. latitud earning and sales increase in tandem with share price due 2 us housing recovery after suprime crisis.laittud is the first furniture counter 2 show the improvement of financial results in late 2013 follow by liehen,pohuat,homeritz in 2014 then shh in 2015.i believe this is not the time 2 dispose this counter at the moment especially if the exchange rate is the main concern. if u want 2 win big, pls think big.

top up few lots today, best buy before financial results come out

pls look forward, latitud will post eps more than 35sen at the end of feb,that time, it is the time we will come out. market up and down is just a normal development, pls don't scare newbie. look fundamental of the com pls

market up and down is normal development, why sell when every fear sam will bounce back when market stabilze

ayoyo i support ur statement i bought sam bcoz of it aviation sector(engine casing), the only one in malaysia and in sea. i'm waiting their new factoring expansion to be ready in 2017. i billion rm sales in the near future, why bother short term price fluction

ntboon hope can see ur poem again

mr tan, here is my picks for2016

latitud 30%
sam 25%
kesm 20%
ccb 15%
jobstreet 5%
jcy 5%

mr tan, here is my 2016 stock pick


latitud 30%
sam 25&
kesm 20%
ccb 15%
jovstreet 5%
jcy 5%

latitud 30%
sam 25%
kesm 20%
ccb 15%
jostreet 5%
jcy 5%

if we talk about us market, we talk about tpp. which countries in s e a will join tpp? malaysia and vietnam among them.malaysia and vietnam will sign tpp agreement with us next year. latitud use malaysia and veitnam as a platform 2 export more than 90% of their products 2 us. as my knowledge, 3% import tax imposed by us for malaysia furniture products. so among listed furnitures com in bursa, who will benefit most from this tpp?

madam lin's is Chairman of Association of Furniture Manufacturers of Tai Chung , Taiwan. lin's family have strong relationships with us business partners. they even can relocate some of their (business) from taiwan and china 2 latitud if they feel????. when usd start 2 depreciate against ringgit few years later, latitud can switch their business contracts 2 vietnam or thailand easily coz of their presence in these contries.

i find something exciting in latitude after having some discussion with cfo of a local furniture manufacturer who are dealing business with latitud before, this company also swift major their operating activities to vietnam ten years ago.many important facts i gain from him especially concerning tpp issues to be affecting malaysia, veitnam and china furniture manufacturers.
china furniture players sure will out of the game pertaining us market(china control 50% of us import market) when tpp start or they have 2 open factory in vietnam becoz of taxation issues,r & d issues

personally , i'm quite confident latitud will deliver good set of results within 2 years of time and will continue 2 moniter how latitud will perform in the long run, how the lin's second generation manage the business.
maybe others who r buying lihen,hevea,pohuat(all these com declared bonus, share split or free warrants) are enjoying good capital gains compare 2 latitud but i know latitud will perform better in the long run.

oic, learn alots from u pingdan thanks alot

pingdan thanks ur advice but do u notice that other furniture com listed in bursa didn't practicing this kind of accounting standard

why many people r complaining the com dividend policy, just treat latitud a growth stock (with low p/e) even though some may say they r in sunset industry,labour intensive industry, low roe etc. they r many high dividend yield counter in bursa but surely not laittud. or maybe somebody say this counter is semi redchip counter pls give ur points and facts by saying that. latitud acc is audited by ey with outstanding acc standards. they maintain foreign exchange reserve rm83million in b/sheet but r u see in other local furniture com do so. maybe some acc expert can point out the facts.

sorry rm800,000,000.00 revenue

malaysia operation profit up more than 3 folds compare to last year
veitnam operation revenue up 25% but profit just up marginally around 12% compare 2 last year.from the latest financial results, the management highlights the increasing competitions in veitnam maybe the depreciation ringgit helps 2 put down the cost of production in malaysia alots. very interesting 2 see how the malaysia operation perform in coming quarter. still stick with my 2016 prediction rm800,000.00 revenue and 12% net profit margin around 100sen eps per 2016 excluding foreign exchange fluctuation.

see can break new high 7.50 or not cheers

just top few lots yesterday and today will continue buying

u must treat latitud is a growth com since just 15% of the profit is distributed. latitud used the money(40million) venturing into upstream business by buying laminated wood processing fac and machinery from kpscb.it is interesting 2 see how the malaysia's operation perform in coming quaters besides vietnam's operation. the com didn't borrow from bank 2 expand their business. for that reason 12sen dividends i accept. bonus or share split is just for short term players i don't care much. results is most important. let us see

i don't care 100ma, 200ma as long as the com can produce good results

me too, standby some bullets for third round fishing this year.

can u see it on page 10 of latitud annual audited account
other comprehensive income to be
reclassified to profit or loss in
subsequent periods:
Foreign currency translation rm 32,253,000.
let us see latitud performs on coming quarter.one month 2 go

choice is urs, u want 2 buy others furniture com which are higher p/e now, good news oredi came out(bonus,share split,free warrant),less margin of safety now, go ahead.

liquidity issue is just one of factors when u decide want 2 buy a stock. there are so many good reasons 2 invest into latitud now. no one can predict latitud will declare bonus or share split in the future except lin's family. maybe latitud management want 2 kick out those short term players who want big cap gain immediately. be patient , (if not just give a call 2 mr lin when 2 declare bonus ha just joking)

as i know in 2014 us imported more than 50% of it's furniture from china 10% from vietnam and 3% from malaysia .but if u look more specificly veitnam government now more focus on indoor furnitures like dinning and bedroom set which is more expensive in term price and higher quality. china has mass production capacity to produce outdoor furniture. from latitud annual report we know that the com produce dinning set and bedroom set in veitnam and malaysia and mostly export u us. don't compare china furniture com 2 latitud. i more thing when u look at the share price of the china furniture com(example quandong yihua timber indus)which trade above 60p/e, u will know how the answer.

as i know in 2014 us imported more than 50% of it's furniture from china 10% from vietnam and 3% from malaysia .but if u look more specificly veitnam government now more focus on indoor furnitures like dinning and bedroom set which is more expensive in term price and higher quality. china has mass production capacity to produce outdoor furniture. from latitud annual report we know that the com produce dinning set and bedroom set in veitnam and malaysia and mostly export u us. don't compare china furniture com 2 latitud. i more thing when u look at the share price of the china furniture com(example quandong yihua timber indus)which trade above 60p/e, u will know how the answer.

i bought latitud since august 2013 and still hold tight until now there is no fundamental changes within the com. maybe some players are dissapointed with the company not declaring bonus or share split compare with other furniture com like lihen, pohuat, homeritz.
i still believe latitud can become the market leader in the furniture industry and it reserve higher pe compare with it peer

i top up few lots 2 day
let us see who is the winner when financial results release next month

if u look at sam's competitors like kai aerospace industries ltd korea and aidc taiwan they all are multi billion com and produce their own military aircraft to developing country like thailand ,peru and so on. sam just a small cap cam but back by temesek is being one of the four engine casing producer in the world recognize by ge, who know the reason?

yes, sound management team, solid major shareholder natural of the their business form qualitative part of the company's value u can't count it through figures! maybe in numbers gadang is more value buy than sam but when u look at qualitative parts u know the answer

liihen and latitud
did somebody notice that there is a different way the com reporting their porfits

i still stick with my prediction for fy 16
revenue rm800 million
operating profit 90-100 million
hope can reach rm10 next year

33m foreign exchange gain out of 97m paid up cap
an impressive 34sen gain if calculated in earning per share
plus 82sen eps total= 34+82=116eps
e r right jeff10000
more than 100millon cash generated from operating cash flows
superb results
more than 30millons fork up this year buying plant,machinery

see yesterday pre-closed session buying power, today what happen?

it is very sad 2 say that somebody just blame the com without any facts given.bonus issue share split or free warrant will not increase the value of the com but maybe give some excitement 2 the shorterm player.
as i know latitud directors fees is the lowest among those furniture com but with highest market cap. u still want 2 blame them?
the management didn't do their job? see the com loan rate(they use ba below 4%)the com deposit more than 80% of the cash in usd(3.30 early this year now 3.80)just deposit only u know the com earn much just calculate rm100,000.00*0.20depretiate)not include foreign exchange gain u just compare with other furniture com. u they smart enough just giving bonus issue, free warrant or share split.
what is hope is latitude will become market leader in the furniture industries/ u look at other industries market leader nestle,bat,duthlady they need 2 give bonus issue? i think market will give higher and higher p/e for latitud(market leader)when latitud constantly posting excelent results.

corn price record high us800 at 2012

if u look for long term investment
this counter is best buy at current level
corn price now at us400 still cheap if u compare it's historical price
ltkm is the only eggs counter making profit when corn price at record high us400 soya bean also very cheap now at us1000 compare us 1800 at 2012
if u go to tesco buy omega eggs u will know which brands offer the hishest price.

pls take note
ltkm bonus issue 2 to 1
share split par 1.00 to 0.50

pls include prkcorp 30sem div
cview 7sen, 3 sen div
ltkm 10sen div
thanks