RHONG KHEN INTERNATIONAL BERHAD

KLSE (MYR): RKI (7006)

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Last Price

1.23

Today's Change

0.00 (0.00%)

Day's Change

1.23 - 1.23

Trading Volume

6,700


9 people like this.

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

leekh5555

545 posts

Posted by leekh5555 > 2015-10-22 22:07 | Report Abuse

i believe the major shareholder(lin family)more gan cheong than everyone of us,most of their competitors already unlock their value..

Posted by BearbearDrop > 2015-10-22 23:03 | Report Abuse

he cannot recommend a good stock
However what he can do is created fear
I believe this people has bad intention
If you believe on him you should have put all your money in bank
Because this people is around every corner

Posted by BearbearDrop > 2015-10-22 23:06 | Report Abuse

All their lies is very simple
give a very low tp
It is like a bank given a tp to a plc
It is always a doubt for banker has any reliablity to recommend any tp

chshzhd

1,908 posts

Posted by chshzhd > 2015-10-22 23:07 | Report Abuse

:)patient...will be rewarded..

Posted by BearbearDrop > 2015-10-22 23:07 | Report Abuse

Anyone follow the tp by banker should have get themselve a pinch of salt on their wound

Posted by BearbearDrop > 2015-10-22 23:12 | Report Abuse

Year end to is 10.00
It is simply achievable

Posted by BearbearDrop > 2015-10-22 23:12 | Report Abuse

Tp 10.00
I bet no bank has the gut to recommend it

Lim Xiong Jun

6,930 posts

Posted by Lim Xiong Jun > 2015-10-22 23:20 | Report Abuse

http://www.bloomberg.com/news/articles/2015-10-22/existing-u-s-home-sales-rise-to-second-highest-level-since-2007
With US home sales to a record high & appreciation of USD, no chance Latitud can't surge pass RM10, I think RM12 also achievable next year.
Cheer!!!
=)

lbkeat

132 posts

Posted by lbkeat > 2015-10-22 23:26 | Report Abuse

as i know in 2014 us imported more than 50% of it's furniture from china 10% from vietnam and 3% from malaysia .but if u look more specificly veitnam government now more focus on indoor furnitures like dinning and bedroom set which is more expensive in term price and higher quality. china has mass production capacity to produce outdoor furniture. from latitud annual report we know that the com produce dinning set and bedroom set in veitnam and malaysia and mostly export u us. don't compare china furniture com 2 latitud. i more thing when u look at the share price of the china furniture com(example quandong yihua timber indus)which trade above 60p/e, u will know how the answer.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-23 00:05 | Report Abuse

Latitude : the cheapest furniture stock in Bursa

Invest_168

549 posts

Posted by Invest_168 > 2015-10-23 00:48 | Report Abuse

Yes...Agreed that Latitud currently is the cheapest furniture stock (based on it's PE) that export to USA....it need to unlock it value with bonus issue/ share split / free warrant as what other furniture companies did.

Jeff Lee

327 posts

Posted by Jeff Lee > 2015-10-23 08:11 | Report Abuse

invest.. 168 .. i agreed. latitud need bonus/split.. look it pohuat, hevea, vs

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-23 09:17 | Report Abuse

According to ROSMAH, KESM cheapest tech stock in Bursa, switch to KESM now

Posted by Lukesharewalker > 2015-10-23 10:21 | Report Abuse

Noticed that this is the only furniture stock that has not gone up with the current ringgit scenario the last week

Posted by Lukesharewalker > 2015-10-23 12:22 | Report Abuse

Those who want to sell do so at closing hour where the operator will prop up the share

BullRunComing

1,449 posts

Posted by BullRunComing > 2015-10-25 17:45 | Report Abuse

I am interested with this counter, 6 figures fund here, can anyone please explain more to me? After reading, I noticed this is a healthy company which focus on growth and has been generating excellent profit. Price is cheap and earnings are good with net cash. Another USD revenue counter and share price has been increasing from less than RM 1 since 2,3 years back. However, recently seem like stop moving in spite of good profit announced last quarter, is illiquidity a problem to the share price since outstanding share is little which couldn't attract fund manager and investment company. No research and target price was done by any. Perhaps share split or bonus issue is needed to make the counter becoming more liquidate and lower share price for attracting more retail investor. I am looking for growth counter, there are various similar counter like Homeriz, FLB, Hevea, etc, which have been moving fast and lower share price. Maybe in Malaysia market, lower share price with high liquidity will attract more new catalyst coming into the counter? Anyone who is familiar with Latitud, please advise.

Posted by Lukesharewalker > 2015-10-26 12:08 | Report Abuse

Don't be lazy.
So much has been written about this counter

No research no money

chshzhd

1,908 posts

Posted by chshzhd > 2015-10-26 16:22 | Report Abuse

haha...:)

kchua85

13 posts

Posted by kchua85 > 2015-10-26 16:34 | Report Abuse

sad for this counter

Posted by shareinvestment7 > 2015-10-26 19:16 | Report Abuse

Why sad? This is a good counter.

chshzhd

1,908 posts

Posted by chshzhd > 2015-10-26 23:22 | Report Abuse

lets see after another 2 weeks...

Posted by Lukesharewalker > 2015-10-27 11:50 | Report Abuse

Where the seller today?

Posted by adikalim > 2015-10-27 17:05 | Report Abuse

12 cents dividend declare

Lim Xiong Jun

6,930 posts

Posted by Lim Xiong Jun > 2015-10-27 18:41 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4903669
Dividend is growing every year, only those impatient ppl can't wait for the announcement & create panic.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4903657
Shares buy back, good 1.
Tomorrow I buy more to average down my costs.
=)

Icon8888

18,659 posts

Posted by Icon8888 > 2015-10-27 19:05 | Report Abuse

I bought some today at 675 after reading pingdan's article

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-27 22:29 | Report Abuse

I bought more at 6,68 after reading pingdan's article. The 12 sen dividend certainly a sweetener for me

Icon8888

18,659 posts

Posted by Icon8888 > 2015-10-27 22:32 | Report Abuse

Tomorrow should go up 12 sen hehe

Icon8888

18,659 posts

Posted by Icon8888 > 2015-10-27 22:34 | Report Abuse

Sometime when there is massive sell down, it doesn't necessarily mean the company got problem

Maybe it is due to somebody wants to use money, etc. There are many possible reasons

Thanks Pingdan for tipping us off

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-27 22:40 | Report Abuse

Latitude : the cheapest furniture stock in Bursa.

lbkeat

132 posts

Posted by lbkeat > 2015-10-27 23:32 | Report Abuse

can u see it on page 10 of latitud annual audited account
other comprehensive income to be
reclassified to profit or loss in
subsequent periods:
Foreign currency translation rm 32,253,000.
let us see latitud performs on coming quarter.one month 2 go

lching

1,402 posts

Posted by lching > 2015-10-27 23:35 | Report Abuse

indeed the cheapest.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-10-28 00:05 | Report Abuse

Pathetic 12 cents
Is something wrong with the accounts...????
Eps 82 cents not even 20%

lching

1,402 posts

Posted by lching > 2015-10-28 00:27 | Report Abuse

disappointed

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-28 06:20 | Report Abuse

If u are disappointed with Latitude, pls convey it to the directors during the AGM. TQVM

kchua85

13 posts

Posted by kchua85 > 2015-10-28 09:13 | Report Abuse

drop?

zzas

151 posts

Posted by zzas > 2015-10-28 09:47 | Report Abuse

price at 2.1.15 rm3.69, now rm6.70 ie up 80% within 10 months..disappointed ka?...price consolidate a bit before next jump to rm10!

惠方楊

13 posts

Posted by 惠方楊 > 2015-10-28 10:11 | Report Abuse

繼續保持,希望分紅能多一點……

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-10-28 10:38 | Report Abuse

No impact....keep selling

pingdan

1,549 posts

Posted by pingdan > 2015-10-28 11:07 | Report Abuse

Alex Chan: seem like you are right. They giving 12sen dividend only from 80++ sen eps this year. Very very little

pingdan

1,549 posts

Posted by pingdan > 2015-10-28 11:19 | Report Abuse

Seem i bought already. I will keep holding. But if i attend the AGM, i will try to higlight to the director on the dividend issues.

Icon8888

18,659 posts

Posted by Icon8888 > 2015-10-28 11:21 | Report Abuse

drop drop drop please

i want to buy more

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-10-28 12:06 | Report Abuse

Think will drop 12 cents today.....hahahaha

pingdan

1,549 posts

Posted by pingdan > 2015-10-28 12:13 | Report Abuse

the drop mainly due to a big kaki disposing. After he finished disposed then will come back

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-10-28 12:19 | Report Abuse

Hopefully there is money there as per accounts....very fishy

Icon8888

18,659 posts

Posted by Icon8888 > 2015-10-28 12:21 | Report Abuse

People said the same thing about Johotin

But once share price run, then nobody worry this worry that anymore

pingdan

1,549 posts

Posted by pingdan > 2015-10-28 12:23 | Report Abuse

wait result come out 1st. 1 month more to wait. Then the price will run.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-10-28 12:25 | Report Abuse

Red chip fears
Make so much money so little dividends
Should be PE 2

pingdan

1,549 posts

Posted by pingdan > 2015-10-28 12:28 | Report Abuse

Alex Chan: but u still wan to buy. Really straight. Nvm after u buy, the PE will be drop until PE2

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-10-28 12:28 | Report Abuse

Record profits
Company should celebrate with shareholders but......

pingdan

1,549 posts

Posted by pingdan > 2015-10-28 12:32 | Report Abuse

still got alot of company did not pay dividend after a good result with high PE ratio. Hope i can attend this year AGM and questioned the director. So PE2 will not probable

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