Posted by jeff10000 > 2015-06-30 15:04 | Report Abuse

No need to look for Mr Koon. He is collecting at this level everyday. At $0.65 for 3/4 annual earning per share, can any share be cheaper. Also the foreign assets are in USD and sales are in USD, no need to be a rocket scientist to figure out if annual eps will > $1.

Posted by RosmahMansur > 2015-06-30 16:48 | Report Abuse

This August quarterly result will be good!

Posted by RosmahMansur > 2015-07-01 17:04 | Report Abuse

The return of Latitude.....flying again today

Posted by dalpinia > 2015-07-02 09:20 | Report Abuse

Top management should follow Hevea, Homeritz, and latest LIIHEN step for bonus and share spli then only can reward to all the shareholders!!! Please act immediatelly at this best timing......pls annouce it ASAP.

Posted by jeff10000 > 2015-07-02 09:47 | Report Abuse

Don't worry Dalpinia, below $6 buy somemore. Why wait? Add to yr current holding. Major owners also want to see good appreciation.

Posted by RosmahMansur > 2015-07-02 16:38 | Report Abuse

Managed to accumulate Latitude around rm5.60-70 before flying to rm 6.10 today....thank god im lucky!

Posted by Ah Gan > 2015-07-02 16:45 | Report Abuse

Finally it is back T.T

Posted by RosmahMansur > 2015-07-03 12:16 | Report Abuse

6.20 today.... hope to achieve 6.50 very soon

Posted by RosmahMansur > 2015-07-03 16:45 | Report Abuse

Big volumes makan at 6.19 today before closing....someting great happening soon!

Posted by RosmahMansur > 2015-07-14 12:29 | Report Abuse

Hevea , Liihen, Pohuat already moved.....Latitude's turn will be the next to run

Posted by Icon8888 > 2015-07-14 15:31 | Report Abuse

laggard

Posted by pputeh > 2015-07-18 11:59 | Report Abuse

Definitely this stock is a laggard. The directors are not proactive and zzzzzzzzzzzzzz... collect their directors fees and not think of shareholders. Sickening. Look at all the other furniture counters... Lii Hen, Poh Huat, Hevea have all moved. Lastly they give a miserable div yearly and expect shareholders to be happy.

Posted by apprentice > 2015-07-18 19:03 | Report Abuse

Suggest you represent shareholders at AGM and taroh directors kau kau.

Posted by kcchongnz > 2015-07-19 06:11 | Report Abuse

Posted by pputeh > Jul 18, 2015 11:59 AM | Report Abuse

Definitely this stock is a laggard. The directors are not proactive and zzzzzzzzzzzzzz... collect their directors fees and not think of shareholders. Sickening. Look at all the other furniture counters... Lii Hen, Poh Huat, Hevea have all moved. Lastly they give a miserable div yearly and expect shareholders to be happy.


Sometimes I really don't understand what do investors want, or do they understand how to calculate return of a stock, or do they know trees don't grow into the sky.

When I first wrote about Latitude Tree just two years ago, way before some people touting it, its share price was just RM1.26 a piece.

http://klse.i3investor.com/blogs/kcchongnz/77997.jsp

At the close last Friday, it was RM6.10. The gain is already 384% in less than two years.

Less than one and a half year ago on 12th March 2015, I wrote about its cash flows and did some valuations on it when it was RM2.57. The return till now is still very high at 137%.

Just 8 months ago on 21st December 2014, I wrote about it again when its share price is RM3.58.

http://klse.i3investor.com/blogs/kcchongnz/66908.jsp

And with some valuations:

http://klse.i3investor.com/blogs/kcchongnz/67260.jsp

Even if you have bought just 8 month ago, your return is still a whopping 73%.

Don't you think the management has created, and continuous to do so, tremendous shareholder value in these two years? What else do investors want?

If you have bought it high when touted by some people at more than RM6.00, is it the management's fault if it won't go up like before any more?

Is there any realism in investing?

Posted by lbkeat > 2015-07-19 23:27 | Report Abuse

it is very sad 2 say that somebody just blame the com without any facts given.bonus issue share split or free warrant will not increase the value of the com but maybe give some excitement 2 the shorterm player.
as i know latitud directors fees is the lowest among those furniture com but with highest market cap. u still want 2 blame them?
the management didn't do their job? see the com loan rate(they use ba below 4%)the com deposit more than 80% of the cash in usd(3.30 early this year now 3.80)just deposit only u know the com earn much just calculate rm100,000.00*0.20depretiate)not include foreign exchange gain u just compare with other furniture com. u they smart enough just giving bonus issue, free warrant or share split.
what is hope is latitude will become market leader in the furniture industries/ u look at other industries market leader nestle,bat,duthlady they need 2 give bonus issue? i think market will give higher and higher p/e for latitud(market leader)when latitud constantly posting excelent results.

Posted by RosmahMansur > 2015-07-20 10:29 | Report Abuse

coming up now...

Posted by jeff10000 > 2015-07-20 10:46 | Report Abuse

In my many years of investment, I subscribe to the view, that the company is not in business of making the share price higher. If the company has excess cash with no medium term investmen or expansion, they should distribute them as dividends or buy back shares which has fallen below their NAV. The company job is the increase shareholders value by making more money every year. The market should be smart enough to know share prices should rightly rise in tandem with ever higher earnings. If it doesn't, then it is an opportunity to buy. If the company is busy rigging and manipulating share prices, then they are not running the company to increase shareholder value. It is the speculators who should be busy rigging and manipulating share prices.
20/07/2015 10:45

Posted by Ntpboon > 2015-07-20 11:12 | Report Abuse

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

有人频频再施肥，
想把纬树来栽培。
马币贬值强美元，
看来还会涨几回。

Posted by pputeh > 2015-07-20 13:31 | Report Abuse

Ha Ha Ha You all took the bait lah...... I was wondering why this blog on Latitude was so quiet and no buzz. So I decided to stir the pot. And wow came the answers. please lah with due respect to kcchongz and his great analysis and spotting of undervalued stocks. I have great respect for yr 'picks'. In fact I bought Latitude at rm2.80 in March 2014 and still hold it till today. My thanks to you, . kcchongz. thanks again and believe me there was no malice in my posting. Just wanted to pick a few 'brains' and it happened. have a good day fellow investors

Posted by RosmahMansur > 2015-07-22 00:26 | Report Abuse

Today 6.42 highest before succumbing to profit taking, hope this sell will fall back abit before resuming uptrend

Posted by RosmahMansur > 2015-07-23 09:37 | Report Abuse

6.55 now!

Posted by RosmahMansur > 2015-07-23 10:04 | Report Abuse

6.64! ANOTHER YEAR HIGH

Posted by Ntpboon > 2015-07-23 10:19 | Report Abuse

“两岸猿声啼不住，轻舟已过万重山。”

Posted by voonyoke > 2015-07-23 10:57 | Report Abuse

Fortunebullz, have you ever studied on Latitude? I am wondering why you said it is buying high. Hope you study it first before you say it loud.

Posted by sosfinance > 2015-07-23 10:57 | Report Abuse

Volume up (from average 70k to about 150k last 2 days), price up. Looks similar to Datasonic. This share has went up 4 folds. Congratulations to all who have sold and make 4 folds. Not sure if can make another fold? Good luck trading.

Posted by voonyoke > 2015-07-23 11:09 | Report Abuse

We are not living 2 years ago. Based on PE, Latitude is the cheapest among the furniture stocks. Please study it.

Posted by voonyoke > 2015-07-23 11:35 | Report Abuse

Fortunebullz, how you judge it is fully valued. Based on what?

Posted by voonyoke > 2015-07-23 11:37 | Report Abuse

If based on PE, then Latitude is much more cheaper than your Prlexus.

Posted by dalpinia > 2015-07-23 11:56 | Report Abuse

Latitud will gi above rm10....just like Liihen/Homeriz/Hevea afer they anniunced share split/bonus/wa.....Latitud will follow the same way.....buy in now...it is very Low PE and cheap

Posted by RosmahMansur > 2015-07-23 12:32 | Report Abuse

Nobody can predict future. I bought when it was about rm 4.10 last year. Now i am very happy with my holdings.

Posted by chshzhd > 2015-07-23 13:52 | Report Abuse

Based on PE, Latitude is the cheapest among the furniture stocks. Please study it++1

Posted by chshzhd > 2015-07-23 13:53 | Report Abuse

679 in 1-2 days time...

Posted by Ntpboon > 2015-07-23 15:56 | Report Abuse

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

Bursa所有傢俬股，
几乎全都涨不止！
唯独纬树尚受阻，
今日轮它做霸主。

Posted by dalpinia > 2015-07-23 16:38 | Report Abuse

RM10....

Posted by dalpinia > 2015-07-23 16:38 | Report Abuse

Pls declare bonus/wa/split

Posted by Alex Chan > 2015-07-23 17:47 | Report Abuse

Actually cheap at current PE 8, most furniture stocks are 10 to 12. Estimated QR Eps is circa 80 cents. At PE 10 that's at least RM8...
Not withstanding a possible bonus issue from 225 mil reserves

So cheap or expensive?

Posted by dalpinia > 2015-07-23 20:48 | Report Abuse

a KL Lim is comparing a Kopitiam business's margin with the multi-millions size of businesses....this is clearly shown that he doesn't know what is big business/management/EPS & etc. He only know Kopitiam business margin is about 100 or 200% GP......but he dont realy know what is PBT which cover so much of business OPEX.....wasting ourtime to explain to this kind of "fresh graduate".

Posted by chonghai > 2015-07-23 20:58 | Report Abuse

Lim Kian Leong,
I have been waiting for your recommendation. You keep saying this is bad, that is bad but where are the good ones ?

Posted by RosmahMansur > 2015-07-23 21:13 | Report Abuse

Out of no where the blog of Latitude becomes so lively... I am so happy!

Posted by dalpinia > 2015-07-23 21:15 | Report Abuse

He teacher is who ah. Comparing to cold eye n kyy.....real "war" very dangerous.....fast fast go back to school.

Posted by chshzhd > 2015-07-23 21:17 | Report Abuse

today already touched 679,tommorrow sure continue to go north...

Posted by dalpinia > 2015-07-23 21:18 | Report Abuse

He comment the same for Pohuat

Posted by dalpinia > 2015-07-23 21:19 | Report Abuse

A student not sure fr which school.....as he say still listen to teacher

Posted by apprentice > 2015-07-23 21:23 | Report Abuse

Mr. Lim, you sound more like a preacher than an investor in most threads. Fortunately you were not around 4 yrs ago when I bought Latitude for 74 sen and still holding it. Paper profit 6 figures. If I had listened to you, I would not have bought Latitude.
Small cap stock? I hold PANAMY also a small cap stock. Is that bad?
You say at least 30% gross profit? Please show me those companies and enlighten us which counters you actually invest in.

Posted by pputeh > 2015-07-23 21:25 | Report Abuse

Rosmah Mansur, See what has happened after a little bit of 'salt & pepper' added. Now all comments are coming to help investors and also to keep this blog lively. Thanks again to kcchongnz for his valuable contribution a few days ago

Posted by hissyu2 > 2015-07-23 21:30 | Report Abuse

If Malaysia got so many 30%++ gross margin company, then the leading country in this world is Malaysia, not US... Come on, Apple is the only company that I know that's having 40% gross margin... But if you want to compare with my uncle who sells vege buns, then i bobian la...

Posted by RosmahMansur > 2015-07-23 21:36 | Report Abuse

I am sure RM 8.00 will be achieved next week.

Posted by Ntpboon > 2015-07-23 22:00 | Report Abuse

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

这里数日冷清清，
少有人前来问津。
纬树茂盛叶子青，
即有多人来淘金。

Posted by always_steady > 2015-07-23 22:11 | Report Abuse

come, i join too.

是高是低看不清，
高时担心不敢进。
忽然大户来採青，
散户急忙冲着进。

Posted by duitKWSPkita > 2015-07-23 22:32 | Report Abuse

relax, but no laugh

马币美金加黄金，
斗生斗死看谁精。
纬树走势被人盯，
股价近期不更新。