Results for period Dec 2014 shld be announced on Feb 25-28. It could be dazzling from the way the shares rocketing upwards. Expect to receive CNY angpow with better earnings, bonus and an interim dividends. Cheers and congrats to all those who kept from $1 to this level. Target could be >$8 if earnings is >$0.35 for the reporting qtr.
The earlier release of 2nd Qtr result is indeed surprising when compared to previous 2nd qtr results. Maybe they want to cheer the shareholders before CNY. With eps of $0.28 for 2nd qtr or $0.45 for 1st half, who knows what the upper limit will be.
All huat already but I don't have this counter. Latitud is a long term investment company, even vietnam crisis breakout, latitud pun able to resume uptrend.
Mr Koon and I recommended Latitud during ivestalk on 13/12/2014, the price was at 3.41. The price closed on 13/2/2015 at 5.31, a gain of 56% since we recommended.
The latest Quarter result (Q2) is still very strong. What is the Current PER on this stock ? The current PER is at 7.88. Basing on CIMB recommendation on Hevea using PER=10, the stock price of Latitud should be 6.74. a potential gain of 27%. Please read the below link : http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=L&securityCode=7006
For a long term investor, Latitud is still a good buy. Final decision is yours. Thank you.
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....
Munger
168 posts
Posted by Munger > 2015-01-30 12:15 | Report Abuse
low volume ..easy for some substantial holder to manipulate the share price everyday