RHONG KHEN INTERNATIONAL BERHAD

KLSE (MYR): RKI (7006)

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Last Price

1.23

Today's Change

+0.06 (5.13%)

Day's Change

1.17 - 1.23

Trading Volume

4,700


9 people like this.

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

Posted by Undefeated > 2014-05-15 09:22 | Report Abuse

Zhulian got hit by Thai riots is because Thailand is their significant market just as Indonesia and Malaysia. Whereas for Latitude case, Vietnam is their main production territory. Their major sales was in Uncle Sam... But anyway, really need to take a look at how bad Latitude's factory, their insurance sum as well as when and how much the insurance amount successfully claim.

iafx

4,632 posts

Posted by iafx > 2014-05-15 09:26 | Report Abuse

it will definitely take some time, and the matter may not go away so soon. homeriz could benefit from this event, much like thai flood jcy got extra orders.

tpchuayap

855 posts

Posted by tpchuayap > 2014-05-15 09:28 | Report Abuse

buy or sell ? buy at what price ?

sephiroth

14,145 posts

Posted by sephiroth > 2014-05-15 09:28 | Report Abuse

waiting below 2.60

eftee

1,210 posts

Posted by eftee > 2014-05-15 09:30 | Report Abuse

When the authorities cannot contain the riot who dares to go and invest anymore. Better go to Myanmar! Can the mob tell the difference between China-owned factories and Malaysian or Singaporean Chinese-owned factories. All speak mandarin.

Alexofb2b

1,304 posts

Posted by Alexofb2b > 2014-05-15 09:53 | Report Abuse

Latitude, Buy near support at 2.50000

Posted by tomatoman79 > 2014-05-15 10:07 | Report Abuse

wait at last year price... huhu

Posted by tomatoman79 > 2014-05-15 10:08 | Report Abuse

The main office building of LTV has been vandalised, ransacked and looted by the rioters.

Some important data, permits, licenses and documents were destroyed or burnt. The rioters attempted to burn LTV’s factory but the fire was put out by LTV’s workers.

At present, the production facilities were not affected although all factory workers were forced to go on strike by the rioters.

LTV has temporarily stopped its factory operations since yesterday afternoon until further notice.

Posted by ronaldo1103 > 2014-05-15 10:35 | Report Abuse

yyummy

Kannibu

274 posts

Posted by Kannibu > 2014-05-15 11:54 | Report Abuse

Look stabilising at this level 2.80-2.82. Of course if another bad news emerge from Vietnam, this may not hold as well.

Kannibu

274 posts

Posted by Kannibu > 2014-05-15 11:55 | Report Abuse

Anyway, I bought at 50,000 shares at 2.78 today

iafx

4,632 posts

Posted by iafx > 2014-05-15 11:55 | Report Abuse

likely far more serious than expected: http://www.theedgemalaysia.com/business-news/289545-five-vietnamese-16-others-described-as-chinese-dead-in-vietnam-rioting-doctor.html

as more being reviewed, obviously news r contolled by the authority

Kannibu

274 posts

Posted by Kannibu > 2014-05-15 11:56 | Report Abuse

These aggressive Vietnamese are plunging their country into a road of no return. Sigh

iafx

4,632 posts

Posted by iafx > 2014-05-15 12:01 | Report Abuse

ah yap, have u read yesterday lat's announcement? lat will not die bcos of this event, but as more evidence come out, the likelihood of negative biz impact is very high now. these Vietnamese obviously cannot recognize m'sia Chinese is NOT mainland Chinese... or they simply don't bother.

Posted by Fortuneball > 2014-05-15 12:25 | Report Abuse

Buy

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-05-15 13:19 | Report Abuse

sell

choochoo

70 posts

Posted by choochoo > 2014-05-15 14:34 | Report Abuse

WorldHome > News > World

Published: Thursday May 15, 2014 MYT 2:20:14 PM
Updated: Thursday May 15, 2014 MYT 2:21:15 PM
Hundreds of Chinese enter Cambodia, fleeing Vietnam violence - police


PHNOM PENH (Reuters) - Hundreds of Chinese nationals have fled to Cambodia to escape anti-China riots in Vietnam in which at least 20 people are reported to have been killed, Cambodian police said on Thursday.

"Yesterday more than 600 Chinese people from Vietnam crossed at Bavet international checkpoint into Cambodia," National Police spokesman Kirt Chantharith told Reuters.

"They are at guest houses and hotels in Phnom Penh, with around 100 people staying in Bavet town," he added. "After the situation calms down, they may go back to Vietnam or to other places."

Bavet is on a highway stretching from Ho Chi Minh City, Vietnam's commercial centre, to Cambodia's capital, Phnom Penh.

Thousands of Vietnamese set fire to foreign factories and rampaged through industrial zones in the south of the country in an angry reaction to Chinese oil drilling in a part of the South China Sea claimed by Vietnam.

(Reporting by Phnom Penh bureau; Writing by Alan Raybould; Editing by Clarence Fernandez)

Posted by tomatoman79 > 2014-05-15 14:49 | Report Abuse

runnnnnnnnnnnnnnnn.............. !!!

calow1

243 posts

Posted by calow1 > 2014-05-15 15:10 | Report Abuse

Buyyyyyyy . Press metal last time kena hit by power failure. Now up back. Buy on weakness....

Posted by Fortuneball > 2014-05-15 17:16 | Report Abuse

Yesterday's panic selling volume was 3,386,700 shares and today is only 55% of it at 1,864,400 shares done. That mean the anxiety has subsided after more news have been circulated. Smart money is moving in now for sure

jjoker

390 posts

Posted by jjoker > 2014-05-15 17:20 | Report Abuse

Wait till the Vietnamese start beheading people in the public, then buy.

FatFLOM

195 posts

Posted by FatFLOM > 2014-05-15 17:23 | Report Abuse

This joker 唯恐天下不乱, sigh

unice

346 posts

Posted by unice > 2014-05-15 17:43 | Report Abuse

Hi Fortuneball, agree with your statement as the selling pressure is reduce.
Deeply believe tomorrow share price will be up steady as the intrinsic value is trigger buy for recently drop present the opportunity to "BUY".

http://thanhniennews.com/politics/vietnam-pm-calls-for-protection-of-foreign-investors-26346.html

Prime Minister Nguyen Tan Dung has called on officials at every level of government to prevent further riots and punish all those involved, while at the same time protecting the property and employees of foreign-invested firms.

PM Dung sent the order to ministries, provincial authorities and municipal governments on Thursday following two days of vandalism and violence in southern and central Vietnam.
He said the ministries and agencies must work to ensure public order and the safety of the people and the continued operation of businesses, especially foreign-invested ones...

Hopefully this will be a good news for tomorrow UP

FatFLOM

195 posts

Posted by FatFLOM > 2014-05-15 17:59 | Report Abuse

Hopefully peace and order will be restored as soon as possible and life goes back to normal

pang72

51,622 posts

Posted by pang72 > 2014-05-15 18:47 | Report Abuse

Latitude Vietnam factory contribute big section of revenue to the group . I guess the quarter result's will be negative as usual. Price back to normal. Quickly run if you still HV underwear

pang72

51,622 posts

Posted by pang72 > 2014-05-15 18:48 | Report Abuse

1.90 in 2 weeks time

sangharimau

1,568 posts

Posted by sangharimau > 2014-05-15 18:55 | Report Abuse

【越南反華】長榮 (EVA Air) 出動747 台商花7.8萬搶唔到機位

越南排華暴動持續進行,不少台商仍無法順利乘機返台,唯有透過親人向台灣政府求救。目前政府正在研究事態,不排除撤僑。今早7時30分由台北桃園起飛到越南的長榮航班,為了接載更多越南台商,航空公司臨時將飛機改用波音747客機。有空姐向透露,越南當地情況危急,有台商花1萬美金(約7.8萬港幣)仍無法搶到機位。

台灣《蘋果日報》

http://hk.apple.nextmedia.com/realtime/china/20140515/52478017

pang72

51,622 posts

Posted by pang72 > 2014-05-15 18:56 | Report Abuse

according to state media. (AFP/VNExpress)
One dead, 100 hurt as anti-China riots spread in Vietnam

pang72

51,622 posts

Posted by pang72 > 2014-05-15 18:57 | Report Abuse

Thing get very bad. Please care full 2nd sell down tomorrow

sangharimau

1,568 posts

Posted by sangharimau > 2014-05-15 19:02 | Report Abuse

【越南反華】越518全國大遊行 台國安局料中共提升戰備

越南動亂,平陽省工業區發生史上最嚴重的排華暴動,18日在越南還將會有全國大遊行,許多還在越南的台商人心惶惶。國安局長李翔宙今日在立法院外交及國防委員會,答覆親民黨立委李桐豪時表示,據瞭解,越南本周日若有全國性示威遊行,他判斷中共在周邊會有戰備提升。

李翔宙也首度證實,本月3日中國與越南在爭議水域發生油權糾紛後,國安局8日即聯繫越南公安部,9日透過僑委會發函給越南各台商會注意。列席備詢的外交部長林永樂坦承,台商當時瞭解可能會有這樣狀況,「但沒有想到狀況會到達失控局面」。李桐豪建議,政府應該對各地區長期政經風險納入考量。

綠委蔡煌瑯批評,大批越南在台勞工在本月11日集結在台北車站向中國抗議,當時政府就應該警覺越南可能會發生更大的事情。李翔宙指出,對於這場抗議,國安局在10日就掌握預警情報。

台灣《蘋果日報》

http://hk.apple.nextmedia.com/realtime/china/20140515/52480186

pang72

51,622 posts

Posted by pang72 > 2014-05-15 19:03 | Report Abuse

廠遭殃
緯樹堡發股價受創
目前,已確認廠房遭暴民襲擊的馬股上市公司,包括緯樹控股(LATITUD,7006,主板消費品組)及堡發資源(POHUAT,7088,主板消費品組);美特工業(MAGNI,7087,主板消費品組)也表示受影響。其中,前者受創程度較嚴重,位於越新工業園(VSIP)的辦公室遭破壞及洗劫,許多重要文件遭燒毀,包括執照與準證,製造工廠也差點遭暴民燒毀,慶幸火勢及時被工廠員工撲滅。

gohcheehoh

578 posts

Posted by gohcheehoh > 2014-05-15 20:31 | Report Abuse

Listed company will have business continuity plan. This is short term n small impact. Let do the math... Time will tell... latitude is running very low PE n Gd cash position. Limited down side else company can do share buy back. If not those venture capital will acquire them.

winwinborn

439 posts

Posted by winwinborn > 2014-05-15 20:40 | Report Abuse

Gohcheehoh, Agreed with you..

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-05-15 20:47 | Report Abuse

riot in vietnam has become serious and terrible.

erkongseng

3,192 posts

Posted by erkongseng > 2014-05-15 20:49 | Report Abuse

RM2.82强力买入纬树 Latitud 7006 的原因------
1)这几天逢越南排华事件,股价下跌正好买入,不是公司亏损,反而是净利提升,因此我有信心待一切正常恢复营业,公司股价会绝地大反弹。
2)这一次我 all in Latitud,准备持守1-2年,以达到丰衣足食的生活。
3)取28%的平均派息,全年若EPS=60sen,净利为5832万,股息有16.30sen,现RM2.82算,dy=5.7%,公司派息应在12月份,今年会是新高的股息。
4)2013年2月共两季赚3357万,EPS=34.5sen,取全年赚60sen算,现RM2.82只是在PE=4.7倍交易,明显股价被低估了,合理的价位应有RM4.20(PE=7倍),在2010年赚2921万,现两个季已破历史净利了,全年更创佳绩,一般上大股东最乐于在公司净利好时进行,如红股,拆细或派特别股息等,值得期待。
5)2011年以2送1比例分送红股,保留现金盈利有1.28亿,公司发出的股本9700万股来看,1送1比例分送红股,都是能力范围之内。
6)台湾林氏家族持股逾40%,一般上台资企业管理公司良好,且乐于派息。
7)30大股东已持有77.57%(75398张),市场流通量只有21809张,冷眼也持有1.4%(1365张),就是对公司的铁定信心。
8)公司的赚副有11.6%,同行中算是标青的。
9)当今的世界经济正回春,欧,美,日,中都正走向光明,无外围因素影响。
10)过去14年,2000至2013年财政年,每年赚钱,基本因素好,美元汇率走高对净利表现有利,随着美国QE在年底结束,资金回流,美元的走势是强稳的,这对公司是利好。
11)2013年12月止,现金有1.47亿,每股净现金RM1.51,Latitud 为净现金公司,财务稳固,可安全渡过任何的经济低迷,安心投资在此股。
12)公司在大马有3间厂,越南6间,泰国1间,93%产品出口到美国,越南厂的净利贡献占了95%,公司在原材料,人力,等方面占尽天时,地利,人和的优势,市场竞争力强,完全可立于不败之地。
13)公司用于制作家具主要用的是橡胶木,外国人视是环保的,因此受到海外市场的欢迎。
14)近期原材料与马币下滑,对公司净利有帮助,未来的赚利将呈现上升的道路。
15)家私股中,论股息,管理,竞争优势,赚副,资产,股东回报率(ROE=12.43),诚信度,成长前景,风险性等因素,Latitud 绝对是投资者的首选股,公司的潜在价值好,将会是一直黑马股。
16)善用手中的资金,集中火力,让资本增值最大化,Latitud 具备条件成为爆发股。把握目前提供的良机。实现写意,悠闲,看海的日子,哈哈,我进了,你还在等什么呢。
17)Bubi 兄的精选分享,大大的经验分析更加有信心投资在 Latitud。
http://www.investalks.com/forum/forum.php?mod=viewthread&tid=2146&extra=&page=48
18)以上都是股价上升之催化剂,个人推算与整理,进出自负。公司网站--http://www.lattree.com/

erkongseng

3,192 posts

Posted by erkongseng > 2014-05-15 20:49 | Report Abuse

RM2.82 Conviction reason latitude tree Latitud 7006 ------
1 ) Exclusion of Vietnam these days every event , fell just bought , not the company losses , but is net income improved, so I have confidence to be restored everything to normal business , the company stock price will rebound Jedi .
2 ) This time I'm all in Latitud, ready to hold 1-2 years to achieve affluence life.
3 ) Take 28% average payout , if the annual EPS = 60sen, net income was 58.32 million , dividends have 16.30sen, now RM2.82 count , dy = 5.7%, the company should be in the December payout this year will be a new high dividends.
4 ) February 2013 a total of two seasons to earn 33,570,000 , EPS = 34.5sen, taking the annual earn 60sen count, now RM2.82 only PE = 4.7 times the transaction significantly undervalued , and reasonable price should RM4. 20 (PE = 7 times ) , earned 29.21 million in 2010 , now has two broken historic quarter net profit of the year and more success, generally the most willing to be the largest shareholder in the company's net profit is good, such as bonus shares , split or special dividend , etc. , it is worth the wait.
5 ) 2011 2 get 1 bonus issue in proportion to retained earnings have 128 million in cash , shares of the Company issued 9,700 shares of view, one to send a proportionate bonus , are within the capacity range.
6 ) Taiwan's Lin family ownership for over 40% of the general management of the company -funded enterprises came good and happy payout .
7 ) 30 major shareholder already holds 77.57 percent ( 75,398 ) , the market liquidity of only 21,809 , cold also holds 1.4% ( 1365 ) , is the company's ironclad confidence.
8 ) the company's vice earned 11.6 % of peers regarded BEAUTIFUL .
9 ) Today's world economy is rejuvenation , Europe , America, Japan , are positive towards the light , no external factors influence .
10 ) in the past 14 years , from 2000 to 2013 fiscal years , the annual money, good fundamentals , the dollar higher against net favorable performance , as the United States at the end of the end of QE , flow of capital, the U.S. dollar is strong stable , which the company is good.
11 ) ended December 2013 , there are 147 million in cash , net cash per share RM1.51, Latitud net cash companies, financial stability , can ride out any economic downturn, the peace of mind to invest in this stock .
12 ) the company has three factories in Malaysia , Vietnam 6 , Thailand 1 , 93% of products exported to the United States , net contribution to the Vietnam plant accounted for 95% , the company best climate, geography raw materials, labor , etc., advantage of people 's strong market competitiveness , completely invincible.
13 ) The Company is mainly used for the production of furniture, rubber wood, foreigners , as are environmentally friendly, and therefore to be welcomed in overseas markets .
14 ) The recent decline in raw materials and RM , the company's net profit to help the future will show rising interest earned on the road .
15 ) furniture stocks, on dividends, management , competitive advantage, earning deputy , assets, ROE (ROE = 12.43), integrity , growth prospects, risk factors , Latitud definitely preferred stock investors good potential value of the company , will be the dark horse stocks have been .
16 ) use of the hands of the funds , concentrated fire , so to maximize capital appreciation , Latitud qualified to become outbreaks shares. Grasp the opportunities currently offered. Achieve impressionistic , relaxing , watching the sea day , ha ha, I entered , what are you waiting for it .
17) Bubi brother selection share analysis greatly experience more confident to invest in Latitud.
http://www.investalks.com/forum/forum.php?mod=viewthread&tid=2146&extra=&page=48
18 ) These are the catalyst for the share price rises , individual projections and finishing out of the ego. Company website - http :/ / www.lattree.com/

keithchan

369 posts

Posted by keithchan > 2014-05-15 20:58 | Report Abuse

Too bullish on one single stock. If it is that good, why no one buy than 6 months ago when it is only less than $1.50 a share?

klse007

403 posts

Posted by klse007 > 2014-05-15 20:59 | Report Abuse

This coming sunday vietnamese will destroy more......be careful

keithchan

369 posts

Posted by keithchan > 2014-05-15 21:00 | Report Abuse

I am not saying they are no good, it is just that they appears to be too good. This, I will take it with a pinch of salt

klse007

403 posts

Posted by klse007 > 2014-05-15 21:01 | Report Abuse

Why take risk ????? let see next week what going on then make decision to buy or not...

pang72

51,622 posts

Posted by pang72 > 2014-05-15 21:02 | Report Abuse

factory going to be burn..sad story

pang72

51,622 posts

Posted by pang72 > 2014-05-15 21:03 | Report Abuse

next quarter results sure shows negative profit....

pang72

51,622 posts

Posted by pang72 > 2014-05-15 21:08 | Report Abuse

傳26人死暴民踩屍

pang72

51,622 posts

Posted by pang72 > 2014-05-15 21:08 | Report Abuse

wow..this is terrible....

Posted by alwong1111 > 2014-05-15 21:09 | Report Abuse

Want to pang sai please go elsewhere lah

pang72

51,622 posts

Posted by pang72 > 2014-05-15 21:10 | Report Abuse

amitofu.......

pang72

51,622 posts

Posted by pang72 > 2014-05-15 21:11 | Report Abuse

let me pang sai finish first......i am helping you to save your money

apprentice

789 posts

Posted by apprentice > 2014-05-15 21:11 | Report Abuse

hahaha, seems we have a Nguyen Pang here.

pang72

51,622 posts

Posted by pang72 > 2014-05-15 21:11 | Report Abuse

you dun run .....up to you

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