Posted by lbkeat > 2014-02-27 22:44 | Report Abuse

cloudboy, i agree the 1st quater will be slower sales of the company due 2 The Group operation is seasonal in nature whereby the turnover for the first
three months of a calendar year is slightly lower due to long festive holidays which fall on the first quarter of the calendar year and also the
lower demand in the United States which normally slows down after Christmas and New Year but bear in mind got three very positive good factors
1. 100% earning from latitud international will go 2 latitud tree berhad from 77% start next quarter
2 us housing is improving so much this year since latitud over 90% turnover are export 2 us
3 depreciation of rm against us is an advantage 2 the company
i won't surprise if the company coming earning is far more fantastic than this quater.

Posted by lbkeat > 2014-02-27 23:04 | Report Abuse

the com cash and equivalent improve almost 50 milions within one year i think now every bank want 2 lend money 2 latitud

Posted by Cloudboy > 2014-02-28 01:16 | Report Abuse

Different ppl hav diferent comment

With the current poor market sentiment, i wouldnt go against market force

Even result is good but market sentiment is not Good.... Many company reporting good result also share prices fall...example khind 40eps for full year but also share prices fall...

Fyi, RM have appreciate against USD for the past week to 3.28

I will sell some of the share to protect my gain...

Posted by Cloudboy > 2014-02-28 08:48 | Report Abuse

Current price 2.54
NTA 2.78
EPS Q2 - 19 sen
Share prices - Almost 100% Since Nov 2013 ( less than 3 month)
Almost 400% since Feb 2013 ( 28 Feb 2013) ( exact 1 year)


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...

With the current poor market sentiment, i wouldnt go against market force

Even result is good but market sentiment is not Good.... Many company reporting good result also share prices fall...example khind 40eps for full year but also share prices fall...

Fyi, RM have appreciate against USD for the past week to 3.28

No doubt today will be up for Latitude...but how much it can up some more since it had appreciate so much....an advise to newbie...DONT CHASE....

BUY on RUMOUR ..SELL on NEWS !!

I will sell some of the share to protect my gain...

Posted by valuemaster > 2014-02-28 08:58 | Report Abuse

3.28 is just temporary, after next month taper again expect 3.4 to happen, and too they will be recognising 100pc of lat international instead of 70pc, that is 40 pc of growth upside, even i do a forecast for this year eps at 60c, next year will grow by 40pc, thus, next year growth will be 84c, at current price, just a pe of 3, u can sell it but rm3 will be fast and soon

Posted by Cloudboy > 2014-02-28 09:01 | Report Abuse

if can forecast like that....u no need to work..furniture business is a fragile business....u q buy an RM 3.00....i straight away sell to u ..ok?

Posted by Cloudboy > 2014-02-28 09:03 | Report Abuse

Now the result is out...any news from the company we are excited??...the next quarter result goin to be weaker than this quarter....its a chance to sell now...not buy

BUY on RUMOUR ..SELL on NEWS !!

Posted by Cloudboy > 2014-02-28 09:05 | Report Abuse

No doubt today will be up for Latitude...but how much it can up some more since it had appreciate so much....an advise to newbie...DONT CHASE....

Posted by valuemaster > 2014-02-28 09:09 | Report Abuse

Noneed to keepo on posting now, i cant see why u want to do that, if u have sold just get lost, my forecast 40pc is 100pc from lat international, in fact i am recognising no growth from lat , to do 26c for second half is no brainer too, u might want to collect cheap but so sorry

Posted by Cloudboy > 2014-02-28 09:16 | Report Abuse

I also got Latitude share..bought below RM 2.....i just share my opinion...especially to newbie...dont wan them to chase..n lose their pant.....This is why the i3investor forum create for...share info and opinion...sorry if offend u....

Posted by BursaJedi > 2014-02-28 10:02 | Report Abuse

from past records, lat paid dividend around 20% to 30% of eps over the past 12yrs consistently.
If first half eps 34sen(accounted 77% of Vietnam results only) and if we assumed lat to achieve eps of 65sen(going to account 100% of Vietnam results, completion of take over) for full FY2014.
that means the dvd should be around 13sen to 19.5sen for FY2014.

Posted by BursaJedi > 2014-02-28 10:03 | Report Abuse

eps of 65sen already very conservative. what if full yr eps hit 75sen........

Posted by Cloudboy > 2014-02-28 10:13 | Report Abuse

sold 60% of my holdings...btw RM2.65 - 2.67....happy trading

Posted by BursaJedi > 2014-02-28 10:14 | Report Abuse

therefore, at current price is a discount. I had collected 200lots at the average of 2.5 yesterday and today already collected 100lots at average of 2.65.
Cloudboy, please sell more to me. I'm now q 100lots to buy at 2.60

Posted by BursaJedi > 2014-02-28 10:15 | Report Abuse

cloudboy, I'm newbie here..... please sell more to me if you are so kiasi and kiasu

Posted by Cloudboy > 2014-02-28 10:19 | Report Abuse

U Q RM 3.00..no need to think ..i sell all to u.....im still have 80lots only.......no need RM 3,00......RM 2.80 also ok.....please Q b4 10.45am...i waiting......

Posted by valuemaster > 2014-02-28 10:22 | Report Abuse

dont worry man, got buyer sure got seller..

Last year Latitude recognised 70%
Lat International profit from Jul-Dec 2013 = SGD18m x 70% x 2.5 = RM31.5
And total they did RM33.4m, EPS 34c for half year

How about Jan-June 2014? Lets say we factored in the weaker demand at 30% discount of 34c = EPS 24C

TOTAL FY2014 EPS = 58c

This year 100%
If I replicate its results for this year, factor in a 5% increase in exchange rate = SGD18x 2.6 = RM46.8m
So total they can minimum do RM47m, EPS 47c for half year

30% discount of 47c = 33c

TOTAL FY2015 EPS = 80C

where got business can give you such a growth? I am just assunming no organic growth from its business next year, just 5% increase in interest rate

Even at 5x P/E = Latitude should be trading at RM4

Posted by Cloudboy > 2014-02-28 10:35 | Report Abuse

if u check back ...Latitude tree had reported negative quarter profit before.....if coming quarter ...eps is negative due to write off or machinery breakdown..then how......?

I'm still waiting someone to Q buy at RM 2,80......or even at RM 2.75 ....to sell my remaining holdings....Don't know the person dare to buy or not?

Posted by Cloudboy > 2014-02-28 10:40 | Report Abuse

Nevermind...may be he is in the toilet...forget to key buy in....I will wait until 11.00 am today.....

Posted by valuemaster > 2014-02-28 10:43 | Report Abuse

that means you dont trust the management, totally, you should get out asap..management bought lat international at RM110m for 23%.. work it out at 100% meaning that subsidiary alone is worth RM450m, is management so stupid to buy at such a high price?

Lat's Enterprise value is currently RM260m..it shouldnt be traded at such low valuation, if not the management would be so stupid to privatise its international ARM

Posted by Cloudboy > 2014-02-28 10:51 | Report Abuse

There really have management who mismanage their company....

Already sold 60% of my holdings...will sell in stages the remaining holdings....if someone can Q buy at RM 2.75 ...and even today high...RM 2.71....i don;t mind to sell all my 80 lot holdings away........I'm still waiting someone to Q buy.....may be he busy doing something....i will wait until 12.30pm today....

Posted by Cloudboy > 2014-02-28 11:18 | Report Abuse

Latitude share ..selling pressure very strong....i might change my mind to sell at lower price for the remaining holdings.........still waiting someone to Q to buy from me....

Posted by Cloudboy > 2014-02-28 12:29 | Report Abuse

""
BursaJedi :therefore, at current price is a discount. I had collected 200lots at the average of 2.5 yesterday and today already collected 100lots at average of 2.65.
Cloudboy, please sell more to me. I'm now q 100lots to buy at 2.60 ""

Lesson to learn:

When a person said...he bought how many hundreds lot...Please be careful.....with the stock...

Already wait until 12.30pm...the person talk big jus now...buy few hundred lot ...forgot to Q to buy..izzit?

Posted by BursaJedi > 2014-02-28 12:44 | Report Abuse

Cloudboy said "Already sold 60% of my holdings...will sell in stages the remaining holdings....if someone can Q buy at RM 2.75 ...and even today high...RM 2.71....i don;t mind to sell all my 80 lot holdings away........"

You trade limit only 200lots, pls don't talk so much over here.
Kiasi and kiasu people are useless people.

Posted by BursaJedi > 2014-02-28 12:46 | Report Abuse

somehow useless people always like to talk bad about good counter.

Posted by lbkeat > 2014-02-28 13:35 | Report Abuse

lets us see how latitud performs coming one year or two years from now
time will tell who is the winner and loser not need arguing now for me more than 60% of my portfolio funds have invested heavily into latitud started 1.38 until now.

Posted by lbkeat > 2014-02-28 13:37 | Report Abuse

latitud is my core stock into my portfolio besides dsonic, matrix, prestariang and ecoworld

Posted by Cloudboy > 2014-02-28 15:01 | Report Abuse

Almost 500k investment not big ah.....bursajedi...u talk like u bought a lot...but no action...TALK BIG only you know la.....bro...i know ur trick.....didnt buy so much..said u buy 100 lot there....200 lot here......bluff small kids meh........wan to create news also not like that...heheheh....

So confident ..and big player u r....buy all the way up la....I will sell all my holdings..at RM 2.70 for you...

I'm have been waiting for ur action..this morning....No action..talk so much here....cheehhh!!

Posted by BursaJedi > 2014-02-28 15:12 | Report Abuse

cloudboy, you don't lie over here your 200lots is only RM50k not RM500k. please don't bull shit over here.......and simply accused people.
I'm queuing to buy 100lots at 2.60 whole morning but sellers?
I had bought 300lots only since yesterday, not much and would like to accumulate more at 2.60 and below.

Posted by BursaJedi > 2014-02-28 15:16 | Report Abuse

only useless and kiasi people will sell at current level.
serious investor will buy at current level as it is considered cheap

Posted by Cloudboy > 2014-02-28 15:24 | Report Abuse

bro....my 1 lot...is 1000 units la.......ur 1 lot..is 100unit...cham....talk so much here...no eye c.....

Those ppl bought way b4 me...may be below RM 1.50...want to take profit now..after good news out.....consider kiasi and useless people....only ppl buy now...consider warrior..and usefull people.....hahahahhah...

Sometimes really enjoy seeing this kind of ppl.........ok....u r big time player..i'm jus a small fry.....hahahahha!!!!

BUY on Rumour...SELL on NEWS !!

Posted by smoking > 2014-02-28 15:30 | Report Abuse

When someone sells, he believe stock will go down
When someone buys, he believe the stock will up

For every transaction, there will be one buying and one selling.. which mean someone believe up and another down... so respect others decision.. we cant live without another.

For me, i think this stock is still fundamentally cheap, and the news is based on fundamental news.. so serious investors will like this kinda thing.

Posted by BursaJedi > 2014-02-28 15:52 | Report Abuse

cloudboy, now is year 2014 not year 1984.
1lot = 100 shares. 1 lot not equal to 1,000shares anymore.
please don't lie over here and please don't misled people over here.

Posted by BursaJedi > 2014-02-28 15:55 | Report Abuse

only useless, selfish and kiasi people wanted to sell at current level and wanted the share price of a fundamental good and cheap company to go down and try to misled people over here.

Posted by BursaJedi > 2014-02-28 15:59 | Report Abuse

I hope people like cloudboy will sell all their holding at 2.70 or 2.80 level.
When the price over 3.00, people like cloudboy will surely bang their balls and knock their head.

Posted by Cloudboy > 2014-02-28 15:59 | Report Abuse

Only useful ppl like Bursajedi.....who had bought 200lots at the average of 2.5 yesterday and today already collected 100lots at average of 2.65....ask ppl to buy so that he can sell & maximise his profit during his T3 contra period....hahahaha.....I know ur trick..bro...

No more reply from me....waste time

To bro here....Just an advise.......Latitude share now is expensive....Market sentiment no good....Even how good is the stock...cannot lawan with market force....if u wan lawan...u may have a big hole a ur pocket....If u have ur own opinion..u can also buy & sell....jus share my input here....some ppl not happy like Bursajedi...cause he bought yesterday and today....make a lot of noise......scare i might kacau his plan.....

Bursajedi..I KNOW YOUR TRICK LA......heheheh!! :)

Posted by BursaJedi > 2014-02-28 16:06 | Report Abuse

lat has over 168mil retained earnings.... and their last bonus issues were in 2008 or 2009......I think by now the Board should have plan for another bonus issues as their retained earnings reserve is so huge and their share price is over RM2.00.

Posted by BursaJedi > 2014-02-28 16:18 | Report Abuse

cloudboy, please sell off all your shares in lat and get out from here with all your negatives mentality. Also please don't simply accused people over here with your stupid contra tricks. I'm here to stay and will be here till lat breaks 3.00 and till lat next bonus issues as I think is coming soon.

Posted by BursaJedi > 2014-02-28 16:22 | Report Abuse

most peoples will hope for good market sentiment.....only selfish people like cloudboy would hope for bad market sentiment..... most peoples have positive mentality, only selfish, useless, kiasi and kiasu people like cloudboy will have negative mentality.

Posted by Duitbesar > 2014-02-28 16:24 | Report Abuse

Kuda Latitud tak tengok market. Dia naik bukit, kuda lain sudah jatuh sakit.

Posted by Firebird2 > 2014-02-28 16:29 | Report Abuse

HaHa Duitbesar LOL.
Lat seems getting better each quarter these days

Posted by Duitbesar > 2014-02-28 16:31 | Report Abuse

Abang sudah cakap ini kuda memang keramat 2014. Hevea pun boleh tahan tapi tak tau kenapa dia sakit demam.

Posted by JENNY6888 > 2014-03-01 07:44 | Report Abuse

I have said repeatedly in Hevea thread that it is in for a few days of bumpy ride to shake out the punters and weak holders who have bought during the few days of strong gain and big volume. Be patient, these shake out will be over in a few days.

Posted by Ooi Teik Bee > 2014-03-01 10:53 | Report Abuse

The result released was very good, all my worries disappear. The more the price drops, I will be very happy to buy more. Please drop faster a bit.
Thank you.

Posted by 3words > 2014-03-01 12:26 | Report Abuse

happy to hear this ..

Posted by Steven Yong > 2014-03-01 14:15 | Report Abuse

yes, should continue buy more if price drop further

Posted by gohcheehoh > 2014-03-01 19:06 | Report Abuse

Latitude n hevea, you are doing very good. My top 8 stock still occupied my 80% fund.
Hevea, latitude, Mkland, plenitude, gadang, Redtone, insas and picorp. 20% will be on those short term stock. Aiming another > 100% return on this year. Go go go........

Posted by almufathal > 2014-03-01 23:08 | Report Abuse

result bagus...tapi apa pun tak bagi...phuiii

Posted by Amirul Amilin > 2014-03-02 04:10 | Report Abuse

latitud will be good, will go up..buying more

Posted by Cloudboy > 2014-03-02 09:57 | Report Abuse

For latitude ..the Q2 results is good.....

However, it is also not clear whether Latitude can sustain its revenue and profit throughout the year as from historical point of view, its revenue and especially net profit fluctuate a lot.U r not sure...please check their historic quarterly result..

Just share info....As we know..USA where Latitude exports 90% of its furniture to....
But recently bad weather in US..causes economy data for month Jan 14 to be not good....declines in retail sales, new home construction and manufacturing....and it will continue for the month of Feb 14

http://money.cnn.com/2014/02/27/news/economy/yellen-senate-testimony/

Predict will affect Latitude Q3 Results....as Latitude's earning is affected by seasonality...if u check back usually previous Q3 results ..result for latitude is not good.....And on last friday....there r some big seller...suspect many people may have bought Latitude in anticipation of an immediate trading gain after its result announcement sold down their holdings..

SO trade wisely....as Market sentiment also not good....and Latitude's share price has appreciated quite a lot..almost double in 2months...and 400% in 1 year.....

Buy on News..Sell on Rumour....