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
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
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.
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.
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.
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
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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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....
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..