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

0.00 - 0.00

Trading Volume

0


9 people like this.

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

Posted by Lukesharewalker > 2015-11-05 17:01 | Report Abuse

Look how stingy the dividends is...you think got bonus?

guoyen

901 posts

Posted by guoyen > 2015-11-05 17:13 | Report Abuse

BUY!!!!!!

Posted by Lukesharewalker > 2015-11-05 17:19 | Report Abuse

Don't not mean it won't reach 200 ma

Posted by BearbearDrop > 2015-11-05 17:25 | Report Abuse

5% more to go

susheel

86 posts

Posted by susheel > 2015-11-05 17:36 | Report Abuse

the dividend can't even cover our inflation!

BullRunComing

1,449 posts

Posted by BullRunComing > 2015-11-05 17:47 | Report Abuse

The management seem does not appreciate their shareholders. It needs a bonus issue to make the prive move.

guoyen

901 posts

Posted by guoyen > 2015-11-05 18:37 | Report Abuse

let me xin ga a bit here..if you bought latitud 2 years ago..can u imagine how many profit that u gain....in this world is there any stock wont drop but only going up? just my on opinion

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-11-05 18:47 | Report Abuse

Luke: had u sold your shares?

greatful

1,644 posts

Posted by greatful > 2015-11-05 21:03 | Report Abuse

It broke the strongest support with gap down today and high volume. Something is not right while other peers are traded higher and higher after bonus, split, free warrant and etc.
I would expect will continue to drop below 6.00 :)

greatful

1,644 posts

Posted by greatful > 2015-11-05 21:04 | Report Abuse

This is so called cheaper goes cheaper :)
Wait at 5.00

pantor

32 posts

Posted by pantor > 2015-11-05 21:09 | Report Abuse

Unlikely to drop below RM6. Coming quarter EPS at least 15 sen. Whole year EPS at least 60 sen, which gives PE of 10. If drop below RM6, buy buy buy!

chshzhd

1,908 posts

Posted by chshzhd > 2015-11-05 21:49 | Report Abuse

i hold and see..

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-05 21:50 | Report Abuse

Uncle selling off...like to reach RM6, maybe RM5.50.
He does not care, he bought at 3.00

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-05 21:55 | Report Abuse

Until uncle stop selling.....

susheel

86 posts

Posted by susheel > 2015-11-05 22:22 | Report Abuse

uncle punishing the management for not taking his open letter seriously... he did warn them...

chshzhd

1,908 posts

Posted by chshzhd > 2015-11-05 22:35 | Report Abuse

then..the boss will punish uncle kyy...:)

lbkeat

132 posts

Posted by lbkeat > 2015-11-05 22:36 | Report Abuse

i don't care 100ma, 200ma as long as the com can produce good results

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-11-05 23:01 | Report Abuse

How do u know uncle is selling? any evidences?

susheel

86 posts

Posted by susheel > 2015-11-05 23:22 | Report Abuse

just his letter.... it could have discouraged his followers and hence the ppl that supported this share and keep buying qtr after qtr... just stopped doing what they were doing leading to this situation now. Just a guess.. no real proof. It really got worse after the dividend announcement. Shareholders just gave up i guess. Sorry if i offended anyone... but i guess it will go up once more once the unhappy shareholders unloads all their shares...

susheel

86 posts

Posted by susheel > 2015-11-05 23:24 | Report Abuse

just a guess...

susheel

86 posts

Posted by susheel > 2015-11-05 23:26 | Report Abuse

dont get me wrong... this is a good company.... but sentiment is bad... whatever said... it will come up again in due time... maybe this friday :)... everyone loves fridays right,... hhe

BullRunComing

1,449 posts

Posted by BullRunComing > 2015-11-05 23:45 | Report Abuse

I have to agreed that today it broke a strong support with volume. Anyway lets see thursday and friday, this 2 days are crucial for latitud's future price/trend.

Posted by jeremiah1983 > 2015-11-05 23:51 | Report Abuse

Susheel....thanks for the links....but it is on May 2015....not the recent one

lbkeat

132 posts

Posted by lbkeat > 2015-11-05 23:58 | Report Abuse

u must treat latitud is a growth com since just 15% of the profit is distributed. latitud used the money(40million) venturing into upstream business by buying laminated wood processing fac and machinery from kpscb.it is interesting 2 see how the malaysia's operation perform in coming quaters besides vietnam's operation. the com didn't borrow from bank 2 expand their business. for that reason 12sen dividends i accept. bonus or share split is just for short term players i don't care much. results is most important. let us see

susheel

86 posts

Posted by susheel > 2015-11-06 00:46 | Report Abuse

thanks for the info ibkeat...

red_85

1,259 posts

Posted by red_85 > 2015-11-06 00:50 | Report Abuse

dangerous? hold or sell? seems like many took profit, no support jor.

Posted by Lukesharewalker > 2015-11-06 01:27 | Report Abuse

Ho Tai Hum Mo Sek

Posted by Lukesharewalker > 2015-11-06 01:31 | Report Abuse

Could end up accounting fraud like the red chips..
Who knows? When they are not distributing the bulk of the profits...usually starts this way

Posted by Lukesharewalker > 2015-11-06 01:33 | Report Abuse

Really Red Flag

Posted by Lukesharewalker > 2015-11-06 01:34 | Report Abuse

Let Uncle finished selling 1st...

Posted by jeremiah1983 > 2015-11-06 06:36 | Report Abuse

I dont think uncle KYY Is selling Latitude shares. He will have to disclose to Bursa as a major shareholder if he does so. Stop speculating it.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-11-06 06:56 | Report Abuse

Lukesharewalker : had u sold all yr shares in Latitude?

Posted by LionKingKong > 2015-11-06 08:51 | Report Abuse

Could it be insider selling? Coming quarter result no good?

Posted by Lukesharewalker > 2015-11-06 09:22 | Report Abuse

Uncle selling but maybe not his portion, wife , nephew,etc going into VS

Posted by Lukesharewalker > 2015-11-06 09:24 | Report Abuse

Supply. Endless supply

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-11-06 09:37 | Report Abuse

Luke is avoiding my question.

zzas

151 posts

Posted by zzas > 2015-11-06 09:47 | Report Abuse

very disapointed..why stop drop? big seller finish unloading? lets see..

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-06 11:11 | Report Abuse

Looks the seller not willing to sell lower...for the moment

BullRunComing

1,449 posts

Posted by BullRunComing > 2015-11-06 11:17 | Report Abuse

I already mentioned yesterday, it was not an ideal selling price. Technical player would have sold earlier and fundamental player wait for 200 sma. Only people who dont know how to invest and trade will sell on yesterday, definitely not an exit signal.

BullRunComing

1,449 posts

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

If today manage to close at 6.6, bullish engulfing with other indicator signalling to buy. Don't understand why some people sell yesterday, so dumb. I am not holding this counter, just keep track with the chart only.

BullRunComing

1,449 posts

Posted by BullRunComing > 2015-11-06 11:26 | Report Abuse

Whether Koon is selling the share, I have no idea, but we will never know in a short time, trading of sub-shareholders do not announce to the public on the same day. Don't need to predict and guess, we are just some small retail investor, just read chart, set sl and tp, that's all.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-06 11:35 | Report Abuse

Uncle already made money. Bought at 3.
Also want to show his displeasure to management.
Don't think money mean a lot to him when he can donate 50 mil to Penang Uni

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-06 11:37 | Report Abuse

Point is management is not supporting the price also....

BullRunComing

1,449 posts

Posted by BullRunComing > 2015-11-06 11:49 | Report Abuse

Yes, the management does not appreciate shareholders.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-11-06 11:50 | Report Abuse

KYY owns > 10% of Latitude shares.

pingdan

1,549 posts

Posted by pingdan > 2015-11-06 11:51 | Report Abuse

Uncle koon also bought on april 2015 at around RM6.18 to RM6.27. Why he bought at that price? Because he think latitud is still cheap at RM6.xx. I dun care management support the price or not. The job for management is to manage the business not to goreng share.

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-06 12:08 | Report Abuse

Well, he could have sold that batch, isn't it....

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-06 12:09 | Report Abuse

In terms of TA formations...head and shoulders? Sideways?

pingdan

1,549 posts

Posted by pingdan > 2015-11-06 12:23 | Report Abuse

If he sell, he need to disclosure with bursa within 14days. Isnt it? Then why he havent disclosed?

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