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.
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.
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
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.
@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 ;
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 ?
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, 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.
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
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.
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.
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....
sheep
3,851 posts
Posted by sheep > 2014-05-29 19:59 | Report Abuse
sell on news.