@damagpie. U r right. Latitude is fantastic. It's operatng margin in yr 2012, 2013, 2014 are 3.84%, 7.61% and 11.04% respectively. Notice the increment? Thanks to the cost efficiency of operation in Veitnam.
As long as the management is not willing to share the profits with the shareholders by giving good quarterly div like wellcall it will go nowhere. This is because the directors are selfish. Warren Buffet also said he likes companies that pay consistent incremental div
Looking at the efficient performance of Latitude, I have no problem to reinvest my deserved dividend back into the company. Reason is that I dun think I can find a better investment with the given dividend (assume they give div). If the company doesn't have any expansion plan & not utilising the excess cash effectively, then it should return the money to shareholders through dividen payout. In the case of Latitude, I m happy to leave my money with them.
Still good,support @3.67, resistance @3.73, Bollinger opening, most probably doji today, not to worry, still envelope on uptrend..CCI @100.still above + cloud. Can fly safely.It broke resistance to 3.74 today.,now dip a little again. Good luck to all on plane to higher latitud.
someone is playing with this counter. 2 days already, last 15mins before closing the price push back to green. supporting it at 3.88 not letting it drop. they are trying to push it higher
Where to find the announcement that there is a board meeting coming Thursday. I went to Bursa Msia and I don't see this announcement. Plse enlighten!!!!!
If you measure this company using dividend yield, you have probably missed out the jungle for the tree. Net profit had grown from 9m to 55m, EPS from 10c to 56c in 3 years, at CAGR of 82% and 77% respectively. Low dividend payout is reasonable judging from the just concluded restructuring (to enhance EPS) and on going proposed acquistion.
The key point to look for should be how the management gonna to take advantage on US economic recovery - can Latitude grow 80% again?
i like 2 point up some excellent points of the 2014 audited acc just released yesterday. the effective tax rate of the com is just around 10%(vietnam tax rate is just 10% compare 2 malaysia 19%) secound huge amount of unabsord tax allowance,capital allowance(more than 36millions)third very very low directors' salary and forth more than 150millions worth of properties in malaysia, thailand and veitnam are not revalue since 2000(u can check at the com 2013 annual report)these propeties should worth more than 350millions if doing revaluation firth very low borrowing cost(tc trust receipt at 3.75%) thanks 2 com huge cash pile. i dont think latitud just worth rm3.60. if got some securities doing research about the com , i think it should at least rm5.00 at this stage. last year pbb cap the latitud at 2.20 for margin acc and rhb 1.80 caping. just 2 months ago rhb just lift the caping price for latitiud.that all
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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....
SS661M
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Posted by SS661M > 2014-09-16 03:42 | Report Abuse
@damagpie. U r right. Latitude is fantastic. It's operatng margin in yr 2012, 2013, 2014 are 3.84%, 7.61% and 11.04% respectively. Notice the increment? Thanks to the cost efficiency of operation in Veitnam.