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.
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.
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.
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.
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.
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)
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
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".
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
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
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.
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/
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Undefeated
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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.