Posted by SS3U > 2014-11-30 23:24 | Report Abuse

Ah long standard is low

Posted by hellokitty123 > 2014-12-01 10:01 | Report Abuse

im watching october sell off happening again ! teehee !

Posted by lloydlim > 2014-12-01 10:09 | Report Abuse

Time to BUY!

Posted by hongchai > 2014-12-01 16:29 | Report Abuse

Awesome... This stock is resilient

Posted by hongchai > 2014-12-08 12:12 | Report Abuse

USD 3.5 liao... sure record breaking result for Homeriz in Q2

Posted by lloydlim > 2014-12-10 16:03 | Report Abuse

Must be very patient during bearish market!

Posted by Angel_Investor > 2014-12-11 01:25 | Report Abuse

Market sentiment ready to turn good! Uptrend ahead!

Posted by lloydlim > 2014-12-12 11:36 | Report Abuse

It is time now! Uptrend wave started!

Posted by systane > 2014-12-13 08:29 | Report Abuse

chart shows uptrend just begins... but immediate resistance at .855... if breaks, confirm to fly.. definite beneficiary with strong USD..

Posted by gungho92 > 2014-12-16 09:17 | Report Abuse

lololol...fly down now...

Posted by saltedfish > 2014-12-16 16:06 | Report Abuse

Posted by Angel_Investor > Nov 25, 2014 05:24 PM | Report Abuse
Whatever price below 0.85 is safe to BUY! Must hold until next quarter result release!

Now give you 10 sen discount, selling at 0.75 only. Lol

Posted by lloydlim > 2014-12-16 18:48 | Report Abuse

So shall we buy more now?

Posted by saltedfish > 2014-12-16 21:40 | Report Abuse

Buy at your own risk, but I believe the downside risk is very limited as proven many times this year

Posted by saltedfish > 2014-12-17 08:44 | Report Abuse

Don't buy this stock become a man of no vision? Lol

Posted by Icon8888 > 2014-12-17 08:50 | Report Abuse

I bought few days ago at 83. No regret

Beneficiary of weak ringgit

Profit should be good going forward

Posted by Icon8888 > 2014-12-17 08:50 | Report Abuse

Dividend also good

Balance sheet also good

Will buy more if drop further

Posted by blackdove > 2014-12-17 13:14 | Report Abuse

I bot at 0.91, and not worry

Posted by blackdove > 2014-12-17 13:16 | Report Abuse

last time I bot skpres at 0.4, also I believe is historical high that time(if not wrong), but later I sold at 0.595...

Posted by SS3U > 2014-12-17 14:11 | Report Abuse

If you buy 100k at 0.91, of course at 0.77 you have no worry, but if you have say 500k or 1m shares, let see you shit pant or not

Posted by lloydlim > 2014-12-17 14:20 | Report Abuse

Next entry price shall be 0.70?

Posted by blackdove > 2014-12-17 21:56 | Report Abuse

Latitude 2005 AR, CHAIRMAN AND MANAGING DIRECTOR’S STATEMENT
Review of Operations
The year under review proved to be another challenging year for the Group with difficult market
conditions leading to continued downward pressure on pricing across key markets. In addition
to that, the surge in oil prices resulted in price increase in oil related materials such as coating
and packing materials and the record high price of rubberwood throughout the year under review
had also escalated the production costs. Against the backdrop of all these unfavourable
conditions, the Group had managed to maintain a satisfactory performance relying on its years
of experience and austerity measures.

Posted by blackdove > 2014-12-17 22:03 | Report Abuse

Hevea AR2005, p.8

The reduction in PAT was attributed mainly to
lower revenue, margin erosion due to competition
and higher cost of production, which was the
result of higher cost of raw materials due to the
increase in oil prices.

blackdove : (the "oil" mentioned above shld be crude oil, right?)

Heve AR2006, p.8

The Operating Environment
The surge in prices of fuel and raw materials such as
rubber wood and glue, triggered by the increased oil
prices in early 2005 had stabilized in the second half of
2006.

Posted by blackdove > 2014-12-17 22:10 | Report Abuse

Based on the above, I believe low oil price is good for at least Latitude and Hevea, if not all furniture companies

Posted by Ooi Teik Bee > 2014-12-17 22:18 | Report Abuse

Very good analysis, I learn extra thing from this sifu today.

Thank you for your information.

Posted by kkanagasg > 2014-12-17 22:28 | Report Abuse

Pika Chan, your question to salted fish answered by blackdove !

Posted by coolwinter99 > 2014-12-18 21:07 | Report Abuse

now still cheap ,dont miss the boat

Posted by Angel_Investor > 2014-12-20 19:19 | Report Abuse

Buy before too late!

Posted by Angel_Investor > 2014-12-21 14:26 | Report Abuse

http://klse.i3investor.com/blogs/kcchongnz/66908.jsp

Posted by lloydlim > 2014-12-21 19:13 | Report Abuse

Good article! Worth to hold it!

Posted by coolwinter99 > 2014-12-22 08:59 | Report Abuse

gogogo!!!

Posted by lloydlim > 2014-12-22 16:51 | Report Abuse

Dividend 3.5cts per share to be given very soon! Good news ahead!

Posted by lloydlim > 2014-12-23 12:07 | Report Abuse

Sorry, dividend 3.1cts actually

Posted by Angel_Investor > 2014-12-24 11:46 | Report Abuse

Be patient, 0.90 is coming!

Posted by hengheng24 > 2014-12-24 15:49 | Report Abuse

be very patient, 0.70 is coming~ kikikikikikiki

Posted by Jessus > 2014-12-26 16:23 | Report Abuse

will drop further in long term as from insider I heard their company cash deficiency !

Posted by DoreenCheeLing > 2014-12-26 17:22 | Report Abuse

dont be a joker... their cash can pay all liabilities and still give back shareholders leftover cash... jessus dunno accounting...

Posted by bracoli > 2014-12-26 17:23 | Report Abuse

if got patience and not in hurry using money, invest in homeriz and hexza.

Posted by Mary552 > 2014-12-26 17:40 | Report Abuse

This stock going to collapse soon ! They have a fake audit !

Posted by Icon8888 > 2014-12-26 17:44 | Report Abuse

Wah spreading panic so that can collect cheap ?

Posted by DoreenCheeLing > 2014-12-26 17:49 | Report Abuse

wah, so panic now...!!! everybody sell before pokkai ~ lmfao

Posted by DoreenCheeLing > 2014-12-26 17:54 | Report Abuse

this company keeping too much cash...if they not gonna use it to expand biz, rather distribute to shareholders~

Posted by DoreenCheeLing > 2014-12-26 17:57 | Report Abuse

first time i see a company that have abundant of cash...and someone shouting cash deficiency... if audit fake, Crowe Horwath gonna gantung

Posted by CFTrader > 2014-12-26 19:51 | Report Abuse

This one, a good company with abundant CF flowing in.
Definitely worth to vest into it.

Posted by KBYap > 2014-12-28 14:23 | Report Abuse

Posted by KBYap > Dec 28, 2014 08:50 AM | Report Abuse X
Furniture makers face labour and rubberwood shortage

By CHONG CHEE SEONG
MUAR
johor@nstp.com.my

MALAYSIAN furniture manufacturers are facing two acute problems -- shortage of labour and rubberwood -- resulting in a 4.6 per cent drop in the country's total export last year.
Johor Furniture Association president Bo Eng Chee said the country's export from January to November in 2010 was RM7.3 billion as compared with RM6.9 billion in the same period of last year.

He said the drop affected the export of wooden, metal and plastic furniture.

Bo, who is also the Muar Furniture Association (MFA) president, said the MFA and the Malaysian Timber Industry Board would jointly submit a memorandum to the Plantation Industries and Commodities Ministry next month to address the two problems.

He said the shortage of rubberwood in the country had resulted in the price of the wood going up from RM1,400 to RM1,800 per metric tonne since last October.

He called on the government to stop the export of rubberwood and ensure a sufficient supply for the domestic market.

On the shortage of foreign labour, Bo said the implementation of the amnesty programme (codenamed 6P) for legal and illegal foreign workers was the main cause.

He said the shortage compelled furniture manufacturers to reject foreign orders for fear of it affecting their production and delivery of export goods.

Bo said it had a significant impact on export, adding that the furniture industry is one of Muar's economic lifelines and accounted for about 45 per cent of national furniture export.

He said a good opportunity had come to Malaysia in recent years when China's furniture industry lost its competitive edge and manufactuers in Thailand were affected by floods.

"Unfortunately, we are unable to capitalise on it because of the lack of workers and rubberwood."

Bo said the government should formulate a plan to ensure a sustainable supply of foreign workers and rubberwood to avoid interruptions in plant operations which have adverse effects on productivity.

He said with the introduction of the 6P programme, the industry was facing a 30 to 50 per cent drop in foreign labour, forcing small factories to close down.

The 6P programme comprises registration, legalisation, amnesty, supervision, enforcement and deportation of foreign workers.

Bo called on the government to monitor the programme closely to prevent job-hopping of legalised foreign workers.


The problems only can get more acute.

Posted by Icon8888 > 2014-12-28 14:47 | Report Abuse

2010 info ?

Posted by KBYap > 2014-12-28 15:45 | Report Abuse

The problems only can get more acute.

Have you seen new rubber plantations around nowadays??? Of course not as all have been replanted with oil plam.

Local furniture business is a sunset industry as their size is limited by the limited supply of rubberwood in Malaysia.

Posted by kcchongnz > 2014-12-28 17:18 | Report Abuse

Does Homeritz uses rubber wood for its furniture production???

Posted by soojinhou > 2014-12-28 17:49 | Report Abuse

KC Chong, most furniture companies in Malaysia uses rubber wood. That is why most of them relocated their operations to Vietnam, where rubber wood is abundant.

Posted by kcchongnz > 2014-12-28 18:05 | Report Abuse

soojinhou,

You are absolutely right. That is why their profit has been increasing by leaps and bounds this couple of years.

Having said that, furniture market is cyclic. What goes up must come down. the problem is we don't know exactly when. My view is that it won't be so soon as US market and I think Europe too is still ok as the stock markets there as a leading economic indicator, is still bullish.

Posted by Alex Lim > 2014-12-29 18:50 | Report Abuse

3.1sen announced today. So early