Yesterday there were a slew of announcements regarding the distribution of the estate of former founder Lin Tze-Keng. As long as the estate is not fully distributed to individual related people, then the company will not be willing to make corporate changes (like bonus, share spilt or large dividend). Now that the son Lin Chin-Hung got 5.7mio shares (out of 18mio shares own by Lin tze-keng), I wonder whether we can now see some corporate restructuring. What do you think?
@RosmahMansur, are you calling me? ======================================================================= RosmahMansur Always steady above RM 7.00 something good definitely coming very soon! 17/08/2015 21:13
CALVIN'S WARNING ON LATITUDE AND ALL EXPORT STOCKS NOW!
EARLY THIS YEAR I CALLED FOR A STRONG BUY ON ALL FURNITURE STOCKS & ALSO EXPORT STOCKS BECAUSE OF THE CRASH OF RINGGIT AND THE VERY STRONG US DOLLAR.
THAT WAS THEN.
NOW I SEE GREAT DANGER IN THE DISTANT HORIZON!
THE FLASH OF LIGHTNING COMES FIRST - THEN THE THUNDER - AND THE RAIN
WHAT ARE THE WARNING SIGNS?
ANSWER:
BOTH APPLE & SAMSUNG SMART PHONES HAVE REPORTED DROP IN SALES IN CHINA. IT MEANS THAT CHINESE CONSUMERS ARE NOW IN TROUBLE. CHINA'S GROWTH IS NOW NEGATIVE?
THAT'S WHY CHINA DEVALUE THE YUAN TO SHORE UP EXPORTS.
WHO WILL GET HIT NEXT>
ANSWER:
ALL USA MULTINATIONAL COMPANIES OPERATING IN CHINA & OUTSIDE USA. THEY WILL EARN LESS DUE TO YUAN WEAKNESS WHEN PROFITS ARE TRANSLATED TO USA.
FOR 3 YEARS DOW, NASDAQ AND S & P HAVE PERFORMED WELL - PUTTING MONEY INTO US CONSUMERS. NO MORE NOW. US STOCKS WILL CRASH LIKE CHINA & MALAYSIA!
SO?
SO MALAYSIAN EXPORTS WILL BE HIT HARD AS US & CHINA CLOSED THEIR WALLETS. THE CRASH OF SMART PHONES' SALES IS THE FORE WARNING!
WHAT YOU SHOULD DO NOW?
QUICKLY SELL OFF LATITUDE & ALL EXPORTING FURNITURE STOCKS NOW!
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....
farajsign
3 posts
Posted by farajsign > 2015-08-12 21:33 |
Post removed.Why?