RHONG KHEN INTERNATIONAL BERHAD

KLSE (MYR): RKI (7006)

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Last Price

1.20

Today's Change

+0.03 (2.56%)

Day's Change

1.17 - 1.20

Trading Volume

3,000


9 people like this.

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

sheep

3,851 posts

Posted by sheep > 2014-05-29 19:59 | Report Abuse

sell on news.

kkteng70

432 posts

Posted by kkteng70 > 2014-05-29 20:06 | Report Abuse

q1 15.02 q2 19.52 q3 13.12 . you can't compare from last year because today value is 3.12. unless you expect the price forever 3.12 ++ --. last year the value is less then 2.00 because last year earning is less than around 24 cent.

Posted by anniechan > 2014-05-29 21:08 | Report Abuse

4Q WILL BE AROUND 60SEN X PE 8 = 4.8 TP

dalpinia

2,299 posts

Posted by dalpinia > 2014-05-29 21:19 | Report Abuse

Very good result.....keep 1 yr to achieve rm4. No contra for this counter.....sell lah for contrarian....real and strong buyers will absorb

Barbarian

939 posts

Posted by Barbarian > 2014-05-29 22:37 | Report Abuse

Almost to my target 3.15

Tornado

1,938 posts

Posted by Tornado > 2014-05-29 23:38 | Report Abuse

My personal view on latitude last quarter report earning. am putting up a table below to better illustrate my view.

Quarter FY2009 FY 2010 FY 2011 FY2012 FY2013 FY2014

MAR 31ST 91,545 114,979 98,540 109,624 107,218 146,773

JUN 30TH 102,429 129,856 111,218 143,172 124,417

SEP 30TH 126,839 147,710 128,445 139,694 177,068

DEC 31ST 135,192 143,736 136,622 122,358 184,425

1. Seasonally, End Mar quarter had always been the lowest revenue of a Fiscal Year Revenue &
End Sep/Dec Quarters are the best performance quarters, since this a stock counter with a
a seasonal products that cyclical factors need to be considered. You should only compare
performance of a quarter with a similar cyclical quarter.
2. FY2014 , End March Quarter is the best revenue end Mar quarter for the past 5 years.
A whopping 60% increment since Mar 2009.
3. My projection is fro the revenue to break 200 million by Dec 2014 baring any unforeseen
circumstances.

Hence:- I am bullish on Latitude.

Am attaching an excerpt from the financial report:-

B5. SEASONAL OR CYCLICAL FACTORS

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.

Tornado

1,938 posts

Posted by Tornado > 2014-05-29 23:42 | Report Abuse

I plan to collect more on any retailer panic selling tomorrow , will you & would you join me ?
(may be from kkteng70 ; )
Go Latitude.............

Tornado

1,938 posts

Posted by Tornado > 2014-05-29 23:43 | Report Abuse

This is only personal opinion ......trade at your own risk. Ki Ki Ki ...........
Go Latitude.........

SS3U

272 posts

Posted by SS3U > 2014-05-29 23:57 | Report Abuse

Will buy only at 3.00 level. Tomorrow notable and sizeable of shares due

Tornado

1,938 posts

Posted by Tornado > 2014-05-30 00:04 | Report Abuse

Well, if it is a panic selling, the lower the merrier ! What ever come down must go up anyway, as good earning will provide the support against the gravity force

tjhldog

966 posts

Posted by tjhldog > 2014-05-30 00:07 | Report Abuse

No panic lah tomorrow

Posted by ronaldo1103 > 2014-05-30 00:15 | Report Abuse

-.-

Tornado

1,938 posts

Posted by Tornado > 2014-05-30 00:21 | Report Abuse

then no 2nd buying chance la...

Tornado

1,938 posts

Posted by Tornado > 2014-05-30 00:22 | Report Abuse

must make arrangement with kk maybe

Barbarian

939 posts

Posted by Barbarian > 2014-05-30 00:24 | Report Abuse

If can stay above 3.10 it will be strong

smoking

90 posts

Posted by smoking > 2014-05-30 07:01 | Report Abuse

if u noticed, as explained by the company, the 3rd quarter is always the lowest eps..

http://stock.osfvad.com/stock_financial_summary.php?stockname=LATITUD

so this Q3 is 13.12

Q1 15.02, Q2 19.52

even this period is the lowest...not much difference from Q1... so basically Q4 should be better than this... and basically what i mean is, this stock has potential. i am holding this stock.

Tornado

1,938 posts

Posted by Tornado > 2014-05-30 08:27 | Report Abuse

@smoking:- the table your provided says it all. great sharing......, thanks. Hoping for a 2nd buying chance due to misperceive bad Q3 result.
Go Latitude ;

Tornado

1,938 posts

Posted by Tornado > 2014-05-30 09:06 | Report Abuse

might have 2nd chance today < 3.0 maybe. I hope kk is selling

Ntpboon

664 posts

Posted by Ntpboon > 2014-05-30 10:25 | Report Abuse

Relax, just for laugh............................


要找好股真辛苦,
纬树本益比为6.5。(3.10/0.476)
难道末季没盈利?
还是中越将动武?

Ntpboon

664 posts

Posted by Ntpboon > 2014-05-30 10:55 | Report Abuse

It’s difficult to get cheap share in Bursa nowadays,
with three quarter EPS at 47.66 cents, Mr. Market had given Latitude PE of 6.5.
Unless there’s no profit in fourth quarter ?
or Mr. Market just price in the political risk ?

chongkonghui

1,117 posts

Posted by chongkonghui > 2014-05-30 11:08 | Report Abuse

Q3 is the weakest quarter over past few years.

Tornado

1,938 posts

Posted by Tornado > 2014-05-30 15:49 | Report Abuse

coming.....

Posted by Chris K Yeong > 2014-05-30 18:34 | Report Abuse

why drop today?

Tornado

1,938 posts

Posted by Tornado > 2014-05-30 18:57 | Report Abuse

Those who buy ahead of quarterly report and expecting a quantum leap in stock price were disappointed and might be selling. I que at 3.0 but unfortunately 3.02 was the lowest.

Tornado

1,938 posts

Posted by Tornado > 2014-05-30 19:28 | Report Abuse

price will be coming back after flushing out those speculators. time and again i was never proven wrong on this counter.

Posted by talkrealreal > 2014-05-30 21:06 | Report Abuse

Same scenario like Hevea. Once Q1 result is out, the stock went down for 5 straight days

Posted by talkrealreal > 2014-05-30 21:07 | Report Abuse

Alas, because it is "operated " by the same wikileaks!

ykgykg

341 posts

Posted by ykgykg > 2014-05-30 21:27 | Report Abuse

Strong cash flow last quarter. If can sustain ,retain profit and dividend will most probably go up swiftly and soar .

saltedfish

3,282 posts

Posted by saltedfish > 2014-05-30 23:05 | Report Abuse

Wiki not in market today because the stock is down. Went holidays again ?!

Barbarian

939 posts

Posted by Barbarian > 2014-05-31 09:35 | Report Abuse

It must stay above 3.10

Posted by talkrealreal > 2014-05-31 10:30 | Report Abuse

Without wiki, I don't think so

kkteng70

432 posts

Posted by kkteng70 > 2014-05-31 11:09 | Report Abuse

Tornado, I will not joining this time. This is what I think. It is not easy to maintain 60 cent earning or maintain the share value. I a agree with you this is depend on SEASONAL. but I would to add on it is also depend on currency & recently it is very clear that what happen in Vietnam(no one can predict this). I would said it is risky. this Q they make ~ 13C. another 90 days sales will it impact from last month Vietnam Issue ? Every body know that the 13 C earning is before Vietnam issue ? again this is my personal opinion. Will you take such a risk ? you can refer to 乡下佬 comment , 股灵精探 these are also their comment.

kkteng70

432 posts

Posted by kkteng70 > 2014-05-31 11:12 | Report Abuse

I would give some more comment since I read the forum the PE 6.5. it not cheap for this company because this is not huge company share issue < 100 M.

Tornado

1,938 posts

Posted by Tornado > 2014-05-31 11:23 | Report Abuse

thanks for sharing KK.
Looking forward to that........ ; )

JENNY6888

219 posts

Posted by JENNY6888 > 2014-05-31 13:17 | Report Abuse

Of course with a small base of paid up capital, big swing in PE or EPS is easier or more apparent. For me, I will look at the potential in earning expansion and growth. Who know with many years of big earnings, the company will also have a much bigger paid up capital through issuance of bonus from retained earnings that it carved up during these period

apprentice

789 posts

Posted by apprentice > 2014-05-31 14:46 | Report Abuse

To me small paid up capital has little bearing on a company I want to invest in. Panasonic has 60 M shares but is priced above RM20 with eps of more than RM 1.20. Nova has 400 M shares but is at 7 sen and makes rm 5K per Q. MAS has billions of shares and is losing its pants.
The company's revenue and its ability to generate profit from its business is more relevant than its paid up capital.

kkteng70

432 posts

Posted by kkteng70 > 2014-05-31 22:42 | Report Abuse

I think some time you have to see what industrial too. If you talking about MAS. What can I said .. hehehe small cap doesn't mean bad or good .. I can show you those real good in small cap. We have DutchLady, Nestle, of course Panamy or may be Dsonic (before it split).. No offence here , If you look those company last 1 or 2 years Q ... how was their Q earning. I think stable, keep inprovement. I am not trying to argue. I am trying t Sharing info. If you really have such confident on Latiture, well that is your money. again you should trust you self. as we know no Play NO GAIN . I learn from a lot of mistake before this too. after all that was my opinion. Some one has mention Funiture is SEASONAL. I abusolutely agree on him. But everyday people drink milk, also MILO. Panamy .. it is branded ... some time is hard to compare too.. Just my opinion.

Clayton

46 posts

Posted by Clayton > 2014-06-01 21:43 |

Post removed.Why?

saltedfish

3,282 posts

Posted by saltedfish > 2014-06-02 18:06 | Report Abuse

Wiki still in shanghai, no wonder drop

JENNY6888

219 posts

Posted by JENNY6888 > 2014-06-03 08:03 | Report Abuse

Wikileaks is whacking up LCheong now!

sangharimau

1,568 posts

Posted by sangharimau > 2014-06-03 14:15 | Report Abuse

Holding strongly @3.00

tjhldog

966 posts

Posted by tjhldog > 2014-06-03 18:27 | Report Abuse

Broken after 4.30pm

kk123

1,964 posts

Posted by kk123 > 2014-06-03 18:38 | Report Abuse

2.50 coming ?

tjhldog

966 posts

Posted by tjhldog > 2014-06-03 18:57 | Report Abuse

I don't think so. The last round at the height of Vietnam fracas, it touched 2.68 only

JoeC

35 posts

Posted by JoeC > 2014-06-03 20:35 | Report Abuse

One day up one day drop .... Tmr should be up ^^

saltedfish

3,282 posts

Posted by saltedfish > 2014-06-03 22:46 | Report Abuse

Sentiments on furniture stocks are bad today except LCheong

Posted by leslieroycarter > 2014-06-04 15:08 | Report Abuse

more like wave C....going south 1.61X Fibonacci.....

Posted by EdisonWai > 2014-06-04 15:22 | Report Abuse

I heard from my remisier that the co is in the process of initiating bonus issue. Maybe now is the right time to buy :)))

sangharimau

1,568 posts

Posted by sangharimau > 2014-06-04 18:01 | Report Abuse

Down 5 sen while other furniture stocks are up, not a good sign!

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