RHONG KHEN INTERNATIONAL BERHAD

KLSE (MYR): RKI (7006)

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Last Price

1.23

Today's Change

0.00 (0.00%)

Day's Change

1.23 - 1.23

Trading Volume

6,700


9 people like this.

4,494 comment(s). Last comment by Dehcomic01 2023-07-27 09:47

weechin53

1,070 posts

Posted by weechin53 > 2014-02-21 17:30 | Report Abuse

good or bad?

Posted by wilkinsonyeo > 2014-02-21 17:55 | Report Abuse

This is definitely a very good and profit making company.
But to expect its share price to double from here would be very optimistic.

Don't forget that its share price was 60cts, 15 months ago.
It has gone up more than 4-folds.

weechin53

1,070 posts

Posted by weechin53 > 2014-02-21 18:02 | Report Abuse

so, now is time to consolidate? am i right?

asamlaksa

675 posts

Posted by asamlaksa > 2014-02-21 18:50 | Report Abuse

When consolidate you buy. When shoot to sky high you don't go and chase.

Posted by unsunghero > 2014-02-22 13:43 | Report Abuse

monday report out

Posted by valuemaster > 2014-02-24 16:15 | Report Abuse

to hit RM35million profit for 6 months is easy for latitude, we shall see a breakout above RM2.82 soon

Jackynck

315 posts

Posted by Jackynck > 2014-02-25 15:21 | Report Abuse

result coming soon but still a lot of people choose to throw.. any bad news for this share??

Posted by ronaldo1103 > 2014-02-25 15:26 | Report Abuse

good lar

freonsf

645 posts

Posted by freonsf > 2014-02-25 16:23 | Report Abuse

I' also wish to know...please

weechin53

1,070 posts

Posted by weechin53 > 2014-02-26 21:24 | Report Abuse

bad news?

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 08:00 | Report Abuse

US New home sales spiked 9.6 percent in January, jumping to a 5-1/2 year high,....yahoo....it will be good for latitud tree as most of the furniture sell in US........

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 08:01 | Report Abuse

Buy Buy Buy

Jackynck

315 posts

Posted by Jackynck > 2014-02-27 11:33 | Report Abuse

i only saw people sell ~~~ no buying signal at this moment ~~

crab

35 posts

Posted by crab > 2014-02-27 12:21 | Report Abuse

how come keep dropping?

freonsf

645 posts

Posted by freonsf > 2014-02-27 12:33 | Report Abuse

from the volume, maybe some retailer sell.

Posted by valuemaster > 2014-02-27 12:44 | Report Abuse

just hold, RM3 within 2 months

freonsf

645 posts

Posted by freonsf > 2014-02-27 13:46 | Report Abuse

valuemaster, based on what detail you can estimate this Rm3 price? Can elaborate more?

sephiroth

14,145 posts

Posted by sephiroth > 2014-02-27 16:33 | Report Abuse

waiting at 2.45

Posted by valuemaster > 2014-02-27 16:33 | Report Abuse

wait for results , coming out soon

Posted by valuemaster > 2014-02-27 16:34 | Report Abuse

topep up at 2.50

Posted by valuemaster > 2014-02-27 16:40 | Report Abuse

drop is totally unjustified, whole market is panic selling

saltedfish

3,282 posts

Posted by saltedfish > 2014-02-27 16:42 | Report Abuse

Sentiments of furniture stocks dampened by steep losses of Latitude's -$0.15

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 16:56 | Report Abuse

eventhou result is good...but market sentiments is not good..a lot of company reporting good results.....also fall...ex :khind...reported 40sen eps for whole last year also drop drastic today.....

hewiester

449 posts

Posted by hewiester > 2014-02-27 17:28 | Report Abuse

I love panic selling.. that's the only way to get @ discount price :)

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 17:32 | Report Abuse

But u never know u catch a knife..bro...

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 17:44 | Report Abuse

Latitud result out....Q2 - 19.52 eps...

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 17:45 | Report Abuse

Dont know y fall today???.....Buy on Rumour...Sell on News...!

haikeyila

1,068 posts

Posted by haikeyila > 2014-02-27 17:48 | Report Abuse

bumper profit. reasons - more orders, better productivity and higher selling price. very good news.

hewiester

449 posts

Posted by hewiester > 2014-02-27 18:01 | Report Abuse

Went down by 0.11 (almost touching support) despite good quarterly result! So whats' the game here. . .sell prior to quarter announcement :D

Posted by ronaldo1103 > 2014-02-27 18:05 | Report Abuse

buy more lar. share dividend maybe

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 18:13 | Report Abuse

U think management is stupid...give share dividen now....may b end of the year la

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 18:14 | Report Abuse

BUY on RUMOUR ....SELL on News...

BursaJedi

49 posts

Posted by BursaJedi > 2014-02-27 18:14 | Report Abuse

today's sellers don't know about the results.

BursaJedi

49 posts

Posted by BursaJedi > 2014-02-27 18:14 | Report Abuse

6 months eps 34.5sen

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 18:15 | Report Abuse

that's y fall today...as those bugger know the result out today....sell lor....

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 18:16 | Report Abuse

Then we all sit tight tight at high price...haiiihhhh!

Posted by ronaldo1103 > 2014-02-27 18:27 | Report Abuse

Ya, maybe they are stupid enough later to announce it next month

pang72

51,509 posts

Posted by pang72 > 2014-02-27 18:37 | Report Abuse

yes,, good q results finally. whoever sold out to day will be regret!

crab

35 posts

Posted by crab > 2014-02-27 18:37 | Report Abuse

q4 result out.

pang72

51,509 posts

Posted by pang72 > 2014-02-27 18:37 | Report Abuse

Wait for RM4.00

Posted by valuemaster > 2014-02-27 18:41 | Report Abuse

2 quarters and they had make 34cents per share..man, PE 3.75X = where can you get such a stock in Malaysia? those fellas who sold will regret

arv18

2,662 posts

Posted by arv18 > 2014-02-27 19:04 | Report Abuse

result is fantastic, but where is the dividend?

pang72

51,509 posts

Posted by pang72 > 2014-02-27 19:04 | Report Abuse

I am nearly going to sell my share today . God bless me. It is good to have patient. Good luck will with us

Posted by valuemaster > 2014-02-27 19:09 | Report Abuse

last 2 years dividend was 3 cents, last year 6.3cents, this year 12 cents? still got some 5% yield here

Ooi Teik Bee

11,528 posts

Posted by Ooi Teik Bee > 2014-02-27 19:34 | Report Abuse

I always like to do my shopping during sale, I will ensure I buy the expensive one at 70% discount. This is called value shopping.

I also like to buy share when there is a cheap sale like last 2 days. I really happy to buy those stocks I missed out in last rally. Thanks god, I catch most of them yesterday. I will continue to shop for cheap sale in next few days.

One very important question, will stock market crash or not ? I do not know and I do not wish to think about it because it is not within my control. To me, the stock market is always very difficult to crash, the probability is always very low. How many crash we can see in our life ? We can count using our fingers. It means it is very rare.

The best scenario to buy is when the market is in correction mode. You can get the best bargain. I will buy if the price drops further.

Thank you.

arv18

2,662 posts

Posted by arv18 > 2014-02-27 19:51 | Report Abuse

ain't going to be no more sales to be had for latitude unfortunately...with these sterling results.

Cloudboy

456 posts

Posted by Cloudboy > 2014-02-27 20:24 | Report Abuse

Dont be sure about that....As latitude tree result is good for Q1 & Q2 ...total - 34 cents.....but Latitud's business is moderately affected by seasonality, one would expect its Q3 & Q4 results (Jan-Jun) to be weaker......

Please bear in mind that the latitude share prices had run up more than 100% since November 2013 ..less than 3 month.....with the share prices approaching margin of safety....

asamlaksa

675 posts

Posted by asamlaksa > 2014-02-27 20:46 | Report Abuse

What about Datasonic soaring 1146.27% in one year, average out to be 286% in 3 months ???

or IRIS gaining more than 100% within 2 months ??

If the company able to generate more profits, I don't see any reason why share price will not soars in tandem with their solid earnings.

Don't be too surprise if Latitude's whole year EPS worked out to be 70 sen. That time will be too late to chase this Wooden Kuda.

Posted by Derrick777 > 2014-02-27 21:26 | Report Abuse

How fast the share price growth shouldn't be a concern, good counter with quick growth in share price, reasonable ma...we should be more alert of how much the counter worth and what is its value (present and future), right guys?

jeff10000

136 posts

Posted by jeff10000 > 2014-02-27 21:43 | Report Abuse

I won't be concern if prices already run 100% or more. The low of 60cts is simply unreal in the first place. When it was 60cts the company net asset backing was $2. Now it is $2.78 NAB and price is $2.52.
With such earnings, the fundamental shld exert itself and translate to higher price. If it doesn't, then it's opportunity to add to yr holdings.
Under cash flow, "net cash generated under normal operating activities" was $42.2mio. Lat3 is generating cash faster than printing machine. This shld translate to very,very good credit ratings. Banks will line up to lend at lower rate shld company need fundings to expand with merger or acquisition.

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