RHONG KHEN INTERNATIONAL BERHAD

KLSE (MYR): RKI (7006)

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Last Price

1.17

Today's Change

0.00 (0.00%)

Day's Change

1.17 - 1.17

Trading Volume

1,000


9 people like this.

4,494 comment(s). Last comment by Dehcomic01 2023-07-27 09:47

Ntpboon

664 posts

Posted by Ntpboon > 2015-07-23 22:54 | Report Abuse

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

散户是否没眼睛?
多数输到脸青青。
大户有的是现金,
博弈肯定不会惊。

Ntpboon

664 posts

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

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

马币狂跌益美金,
纬树股价必飙升。
不知何故被人盯?
愿闻其详说我听。

Posted by always_steady > 2015-07-24 07:47 | Report Abuse

升 is end with eng but the rest are in or ing. Not match :)

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 08:15 | Report Abuse

Wah.....all became 寺人

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 08:15 | Report Abuse

Good

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 09:12 | Report Abuse

Flying up....same with pohuat.

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 09:14 | Report Abuse

6.94....

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 09:23 | Report Abuse

7.09

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-24 09:29 | Report Abuse

7.15 highest

chiowmin

2,797 posts

Posted by chiowmin > 2015-07-24 11:21 | Report Abuse

Good :)

regnig

259 posts

Posted by regnig > 2015-07-24 13:42 | Report Abuse

Nice

chiowmin

2,797 posts

Posted by chiowmin > 2015-07-24 14:16 | Report Abuse

any reason with such low volume the price can go up so much?

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-24 17:06 | Report Abuse

Bonus plus warrants to reward shareholders....

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 17:28 | Report Abuse

Many minor shareholder buying so volume low

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 17:28 | Report Abuse

If fund manager start buying then rm10 is expected....

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 17:28 | Report Abuse

Wait for the bonus.....faster announce.....

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-24 17:29 | Report Abuse

i target RM 8.50 By August end

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-24 17:32 | Report Abuse

Of course it coincide with QR announcement of record profit...collect some more if can....

It is a cornered share. Major shareholder can dictate the direction easily
FUND Managers don't buy illiquid shares

But fun managers do...:-)

kakashit

1,472 posts

Posted by kakashit > 2015-07-24 18:20 | Report Abuse

hello everybody, im still keeping my Latitud in my backyard. Should I write "Laitud is the king of furniture stocks"?

No, I dun think so, KC has told u very clearly who is the king

am waiting for bonus issue, ppl re hungry for more slices of the pizza

saschl

310 posts

Posted by saschl > 2015-07-24 19:03 | Report Abuse

Haiz tidak cukup berani, kuda ini sudah terlepas, sedih! Sayang!
My friend told me once: If U r not yet in Share Market, best is U don't try or else, U win money U unhappy, u lose money U r sad, U see money God offers U money and U just pass by like that, U fe

saschl

310 posts

Posted by saschl > 2015-07-24 19:05 | Report Abuse

Feel even more sad! What to do money not enough and vision also not there!氘看開吧!

axejay

405 posts

Posted by axejay > 2015-07-24 19:28 | Report Abuse

luckily last month closed my eyes and buy some of it at 6...althou according to my own analysis it's really undervalued due to such a low PE, but seriously never think that it can shoot up that much!

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-24 20:54 | Report Abuse

The cheapest furniture stock in Bursa thus far!
At RM 7.10, PE 9,57
Liihen RM 5.86 ( 11.25)
Pohuat RM 2.70 ( 10.43)
Homeritz RM 1.15 (16.7)
Hevea RM 1.13 ( 12.4)
Sign RM 2.85 ( 8.36) ---> Not fully a furniture stock

If u take average PE of 10, Latitude must worth a minimum of RM 7.43 ( Based on EPS 74.3Sen)

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-07-24 20:59 | Report Abuse

Wah. RosmahMansur..

All capital masuk all furniture ar? So fierce? No foods this round?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-24 21:02 | Report Abuse

Got money to buy cincin now....

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-24 21:03 | Report Abuse

Eps coming QR should be at least 20 cents
Plus ytd 65 cents , that's 85
PE 10 is 8.50
PE 12 is 10.20
Coming bonus with warrants plus dividends?
BOOM!

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-07-24 21:03 | Report Abuse

Itu putrajaya pompuan ar? Husband n pompuan Tu apa pun tak berani beli Liao. Takut Liao la... Only buy breakfast everyday only

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-24 21:06 | Report Abuse

Agreed Alex Chan, lets hope for the best for Latitude this coming Q.

apprentice

789 posts

Posted by apprentice > 2015-07-25 16:22 | Report Abuse

Wonder who has so much time to register just to post profanity. I got my suspect.

apprentice

789 posts

Posted by apprentice > 2015-07-25 16:24 | Report Abuse

Anyway was told should Latitude pass rm 10, company name shall be changed to High Altitude.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-07-25 16:26 | Report Abuse

Haha.....Super Altitude will be better name!

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-25 23:30 | Report Abuse

Super-Altitude and super-Pohuat.....both going to announce big good news soon

apprentice

789 posts

Posted by apprentice > 2015-07-26 09:01 | Report Abuse

What is the good news? Latitude is not known for generous dividend payout.

2014 8.5 sen
2013 6.3 sen
2012 3.0 sen
2011 2.0 sen

KBYap

59 posts

Posted by KBYap > 2015-07-26 09:26 | Report Abuse

These are not good companies, not to the extent that Mr Koon has invested so much money into them.

They are just companies coming off from very low base.

The misunderstanding may have gone too far..

Local furniture companies were trading at very low prices because local furniture industry is a sunset industry due to shortage of rubberwood. Do you still see rubber plantations in Malaysia?

The low prices have made all the FA numbers looked ok and were mistaken as good.

This gentleman obviously did not know what he was writing on..


Posted by kcchongnz > Dec 28, 2014 05:18 PM | Report Abuse

Does Homeritz uses rubber wood for its furniture production???


Very surprised and disappointed that you have written such a long writeup on local furniture companies but don't even know their main raw material is rubberwood...

kakashit

1,472 posts

Posted by kakashit > 2015-07-26 12:33 | Report Abuse

well, we re here to make money, not to complain why we cannot survive with rm10 daily in Malaysia.

Twice a week, i would reward n nutrient myself with Sushi and Austrialian streak, to get good quality of protein and omega 3, so i can make more money in the market.

Nvr drink chicken essence, it is a very low quality source of protein

kakashit

1,472 posts

Posted by kakashit > 2015-07-26 16:21 | Report Abuse

i agree we hv to chg our diet system, in this modern world, we re no longer labour intensive but brain intensive, so what we need is more protein less carbohydrates.

Unfortunately, our food didnt change much from 50yrs ago. Popular foods are still nasi lemak, char key tiow, satay, curry chicken.......

the dishes are so heavy seasoned that u will draw alot of rice into mouth.

but quality protein doesnt come cheap, mostly are imported, u know la our ringgit, so u must treat the food u eat as an invesment rather than expenses.

some might say, u eat so good for what, what we poop in the end is the samething.

Ya, poops are the same, but we dun eat poops.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-07-27 04:13 | Report Abuse

Companies with net profit margin of 30%? How many are there?
KB Yap is claiming a company with a circa Eps of 80 cents is no good?

Probably has the mentality of Tan Teong Boo, that buys only if market crashes that is one every decade.

apprentice

789 posts

Posted by apprentice > 2015-07-27 08:15 | Report Abuse

Lim, you have not answered my questions posted and continue to be arm chair investor.
Banking shares like AFG and CIMB, do you know what is their present and future eps?
Warren Buffet nvest in companies with eps of at least $2? How many companies in Malaysia earns eps of rm2? One? None? And what is the price of shares with eps of $2?
Net profit of 75 Mil strong company? If you have paid up capital like FGV, is that strong? Latitude has less than 100 Mil shares compared to 5 Bil shares in FGV.
Earning comparisons are made on similar Qs, not consecutive Qs. So it 2nd Q this year against last year to reflect a clearer and fairer picture of its business.
US currency appreciation is bad for importing companies, not net exporting companies.
US ecomony slowing down? Go learn more about economics before you come and give any lectures here.

chshzhd

1,908 posts

Posted by chshzhd > 2015-07-27 08:29 | Report Abuse

anyone pls sell to me below rm6.80 today:) i want to collect more:)

Icon8888

18,659 posts

Posted by Icon8888 > 2015-07-27 09:19 | Report Abuse

Who said summer is peak season for furniture and year end is weak ?

It is the other way

Summer is slow. Year end strong because festivities seasons

The coming two quarters are traditionally best quarters for export stocks

jeff10000

136 posts

Posted by jeff10000 > 2015-07-27 09:28 | Report Abuse

FGV is a commodity stock. All hard commodities(iron ore, nickel, copper etc) and soft commodities(soyabean, palm oil, rubber etc) are all time low. All commodities currencies like Canadian, South African Rand, Australia(holiday in Aussie is good now) are also very low. Gold price is 5 yr low. Oil price are now below $50 per barrel. What does it tells us about the world economy. Commodity boom was on a 10 yr uptrend boom when China growth. The downtrend will take some time to play out.
A strong US dollars is not necessarily bad for US. It is not an exporting country that requires low labour to compete. Consumers form 70% of US GDP, so a strong dollars in fact give them more purchasing power.

kakashit

1,472 posts

Posted by kakashit > 2015-07-27 09:51 | Report Abuse

back to topic, my let go level of latitude would be from pe10 till pe15. Pe 10 let go 20%, Pe 15 let go all, and then also look at the wind of market.

speakup

27,066 posts

Posted by speakup > 2015-07-27 09:57 | Report Abuse

Icon is Chicago Bull fan?

Icon8888

18,659 posts

Posted by Icon8888 > 2015-07-27 10:00 | Report Abuse

speakup have we met before ? u looked familiar... must have met u in one of the family gatherings...

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-27 10:14 | Report Abuse

Lim...most of the small fishes like us will not buy GLC companies.....

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-27 10:14 | Report Abuse

since you are so confident with GLC companies....u just buy it quietly and get off from SME counters!!!

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-27 10:16 | Report Abuse

We have to invest more into SME as goverment is not helping much.....we have to support them!!!

Icon8888

18,659 posts

Posted by Icon8888 > 2015-07-27 10:19 | Report Abuse

they order few months before year end. Now is more or less the time the orders picked up and deliver strong results

u can have a different opinion, doesn't bother us

we got our facts right, we pocket tonnes of profit from furniture stocks. You got your facts wrong, you miss the opportunity

that is how stock market works


====

"Year end strong because festivities seasons"
Christmas is in December, I believe your buyers order the furnitures to sell in Christmas and I believe they do not order furnitures on Christmas day to sell on Christmas day, think before you talk.

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