coming Qtr earnings will drop with the rioting in Viet for more than 7 days non -production , so expecting eps to drop further n hence market price drop at least 10+15% .
We should be looking for very favorable dividend payout for next FYE 2014. Barring unforeseen circumstances, next final quarter profit should be commendable and we should be looking at net profit and EPS exceeding RM50m and 50 cents per share for the full financial year. I reckon the dividend payout should be not less than 15 cents per share!!!
Excitement and speculation will build up again sometime this coming July and August when the final quarterly result is going to be announced. Let us hope the directors know how to reward the minority shareholders justly by giving out good dividends unlike some "cina apeh" company who hold the profits tightly as if it is their own money
IMO many have overlooked the restructuring done in January. LTB have 100% of the business now compared to last year. Highly likely EPS will be higher than previous quarters, even after factor in the 8 days of lost production.
Write a comment..where are all those sifu of Latitude earlier? When Latitude only stop work for 7 days and all ran for their life, so call long term investors, ummm. ..
Q3 has always been the slowest q due to festival holiday and after Christmas. Sales always pick up thereafter and get stronger in the 2nd half of the year. With the full inclusion of Vietnam profit from now onward, we shall patiently see how Latitude performs. Smart investors would quietly accumulate from here.
For FY14 : 9 months already made 47 cents. If Q4 make another 13 cents ( same as Q3, which is always the weakest Q, from Jan - Mac ), whole year could earns 60 cents. At PE = 10, Latitude is worth RM 6.00. Let's wait and see !
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....
ronaldo1103
387 posts
Posted by ronaldo1103 > 2014-06-04 19:53 | Report Abuse
Is in Nov lar