Posted by red_85 > 2015-11-11 22:52 | Report Abuse

even though USD strong benefit to this LAtitud, but their qr result still lower than expected..this month high possibly release a lower than expected result(compared with peers), based on current price trend..big player slowly exit..beware

Posted by red_85 > 2015-11-11 22:53 | Report Abuse

dont trapped at high..the possiblity of this stock to up to rm8 is lower than possiblity of goes back to rm4-rm5..

Posted by joe2703 > 2015-11-11 22:58 | Report Abuse

big player slowly exit ? I don't see the volume. Since when ?

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

Pls sell if u have no confident...as simple as that

Posted by BearbearDrop > 2015-11-11 23:30 | Report Abuse

Weak holder haven't quit yet?
I would like to start adding position when they are all gone

Posted by pingdan > 2015-11-12 09:54 | Report Abuse

Haha result too good. Cannot improve anymore? If last year 17sen, this year cannot 30sen? Pls dont talk so much 1st. Let the result out and judge urself. Last quarter eps 16sen which seem like no improvemnt is due to extra taxation of rm3mil higher than normal quarter. Everyone see last quarter 16sen but didnt see why drop. Also all did not factorise that this is a usd earning company. When currency up, the profit will up. Let's wait and see and the result will surprise you XD

Posted by pingdan > 2015-11-12 09:55 | Report Abuse

Anyway my stand still the same. If drop to rm6 i add. If maintain or up i still hold for this undervalue share regarding what market think about this share XD

Posted by pingdan > 2015-11-12 09:57 | Report Abuse

You all talk so much also wont affect my holding position. If the share drop to rm6 before result come out, i rather be the most happiest man to collect more XD

Posted by ckk2266 > 2015-11-12 10:00 | Report Abuse

pingdan : give u LIKE

Posted by dalpinia > 2015-11-12 10:28 | Report Abuse

Date Ex-Date Entitlement
Date Transfer
Date Type Ratio Right Issue
Price Details
25/05/2011 06/06/2011 08/06/2011 08/06/2011 Bonus Issue 1 : 2 0.000

Posted by dalpinia > 2015-11-12 10:28 | Report Abuse

Expected will giving bonus soon like 2011 record.....

Posted by dalpinia > 2015-11-12 10:29 | Report Abuse

this is the last chance to buy in now before the announcement!!!

Posted by BearbearDrop > 2015-11-12 10:32 | Report Abuse

Put your money in bank please
Stock market is bad for you

Posted by pingdan > 2015-11-12 10:48 | Report Abuse

muscle: see last Dec 2013, Mar 2014 and Jun 2014, the result also dropping for this 3 quarter. Same trend with Dec 2014, Mar 2015 and Jun 2015

Posted by duncan2 > 2015-11-12 11:22 | Report Abuse

pingdan, when qtr result out? this month or next month?

Posted by pingdan > 2015-11-12 11:32 | Report Abuse

This month. Just wait. The most is 18days to wait (last day is 30Nov)

Posted by Lukesharewalker > 2015-11-12 11:42 | Report Abuse

Where's the seller today?

Posted by Yun Kai > 2015-11-12 12:02 | Report Abuse

Latitude business is in seasonal trend where two represent the weakest quarter among other quarter. 4th quarter is stronger followed by 3rd quarter and 1st quarter.

Why Sell Latitude - TA bearish , Q2 result is lower than1st quarter. Bad ?

Latitute Quarter 2 result EPS 16.66 which increase 85% compare to last year Q2 EPS 8.93
Q1 result EPS increased by 53%

The financial position of Latitute.

June 2015 June 2014
Share capital (approx) 100m 100m
Retain earnings (approx) 400m 300m

Easily to 1 to 1 bonus issue or maybe 1 to 2 bonus issue. The company liquidity is very liquid the current ratio is very high event the acid ratio.

Why the director declare dividend of 12 cents Tax exempted SO LESS ? Think about it.

Quarter 3 result expecting 50% growth in EPS ? or 85% ? 90% ? FYI. as at September reporting USD reporting at is on around 4.30 (be consecutive [as at 30 is 4.4085]).

I don't talk much. Final decision is yours.

Posted by chshzhd > 2015-11-12 12:05 | Report Abuse

interesting...:P

Posted by pingdan > 2015-11-12 12:22 | Report Abuse

This share the only bad thing is the dividend yield. Other things is ok for me. If high PE, i wont invest in this share. But since the PE ratio is so attractive, hence the weaknesses can be ignored

Posted by Yun Kai > 2015-11-12 12:31 | Report Abuse

Yup. Dividend yield and stock liquidity is low. dividend yield low caused by there is an expansion of business therefore scrip dividend is likely be a form of dividend to the shareholder. Therefore, bonus issue and share split to improve the liquidity of stock. P/E is less than 8 now. where other direct/indirect competitor is getting above P/E 10-12. Stock liquidity improvement is likely to be the proposal in coming AGM. Time will be the evidence. Cheer.

Posted by ckk2266 > 2015-11-12 12:44 | Report Abuse

http://koonyewyin.com/2015/05/04/how-to-improve-the-price-and-liquidity-of-latitude-tree-bhd/

Posted by Yun Kai > 2015-11-12 13:00 | Report Abuse

Based on the last year result by declaring 12 cents tax exempted dividend which approximately a dividend yield of 18% of last financial year earning. This show the management is very consecutive and the exchange rate is very violate difficult to judge.

A scrip dividend will increase the marketability and the liquidity of the stock. As now the latitude tree is sleeping long time since august. This is a big tree, never end here.

Posted by Lukesharewalker > 2015-11-12 16:09 | Report Abuse

Mr Seller not so aggressive today

Posted by pingdan > 2015-11-12 16:09 | Report Abuse

lol muscle i though u dun expect the result drop? Anyway welcome on board

Posted by chshzhd > 2015-11-12 17:33 | Report Abuse

i guess 650 is the bottom...

Posted by RosmahMansur > 2015-11-12 17:58 | Report Abuse

The cheapest furniture stock in Bursa

Posted by Alex Chan > 2015-11-12 19:36 | Report Abuse

Seller gave up?

Posted by BearbearDrop > 2015-11-12 19:44 | Report Abuse

^
Sell please
I a still waiting at the bottom

Posted by Yun Kai > 2015-11-12 21:10 | Report Abuse

Let's guess is This big tree going to reach bottom ? Potential gain 68% @ RM6.58 today closing price. Thank you.

I accept any criticism from you all on my valuation. but final decision is your, I'm here to share and to explore the Ancient Tree. Thank you.

Posted by greatful > 2015-11-12 21:27 | Report Abuse

keep dropping, luckily sold at close to highest. While all similar counters up in same sector and one is left behind without reason, must take caution. Either will shoot up high to catch up or continue to drop to lower and lower.
No comment on this counter

Posted by chshzhd > 2015-11-12 21:44 | Report Abuse

i buy today

Posted by joe2703 > 2015-11-12 22:49 | Report Abuse

When someone mentioned this counter will drop... i was wondering, why ? Poor fundamental ? Too much debts ? Biz not good (how they know) ? Currency issue (weaken USD) ? Raw material costs increased ? or even Big fish selling ?(they said one la, maybe they are very good friend with big fish and got the insider news lor)...... They can't even give a convincing reason... i'm not saying this counter will fly but at least i think it's one of the safest and most stable counter... limited downside and for the upside just let the market to decide!

Posted by catalist > 2015-11-13 09:44 | Report Abuse

the drop mainly due 1. to big fish selling (b'coz major shareholder not listening to big fish to con retailers). 2. orders downed due to china manufacturers expanded / built large factories in Vietnam and fight for orders by reducing margin. 3. new venture into lamination operations may have some losses. If without strong USD and weak RM, results surely going to drop.

Posted by pingdan > 2015-11-13 10:04 | Report Abuse

Order drop? When u get this information from?

Fight for margin? U sure latitude fighting for margin? There is a lot of "general news" come from newspaper said that china companies are fighting for margin. But are you sure latitude are involving in this things?

Then why hhgroup up so much as the company involved in alot of china business as well?

I only agreed with your 1st point which is big fish selling

Posted by pingdan > 2015-11-13 10:10 | Report Abuse

As always.investor always tend to scare themselves when the share price not moving or drop from the newspaper news that might be also the cause of the drop of the share. But in reality it did not happen and they always scare themselves. Just be calm if u think is good.

If no news come out, why you scare? Why other furniture stock moving?

Only latitude affected from china manufacturing eating margin? Liihen, pohuat, hevea and flbhd didnt affected? Then why?

Hevea also involved alot of business in China. Then why the share price keep going up?

The only reason it is not moving is some big shark is selling.

If quarter result did not come out yet, still do not speculate on whether the company business is doing well or not. From the last fews quarter result you can see this is not existing at all.

Posted by Lukesharewalker > 2015-11-13 10:11 | Report Abuse

Mr Seller still around. Buying interest higher

Posted by Lukesharewalker > 2015-11-13 10:14 | Report Abuse

Mr Buyer sapu all sales

Posted by pingdan > 2015-11-13 10:15 | Report Abuse

I guess rosmahmansur is right. Lukesharewalker currently holding latitude share.

Posted by chshzhd > 2015-11-13 10:36 | Report Abuse

who is selling..who is buying? haha...

Posted by pingdan > 2015-11-13 11:18 | Report Abuse

ya crazy change hand on RM6.58 on between 10am to 11am

Posted by ckk2266 > 2015-11-13 11:23 | Report Abuse

Something is brewing?

Posted by duncan2 > 2015-11-13 11:28 | Report Abuse

i just top up somemore in 6.58

Posted by BullRunComing > 2015-11-13 11:30 | Report Abuse

As long as latitud don't come out with excellent report/bonus/good dividend, it will be difficult to fly the price. Cos no shark is willing to goreng this. You can buy for fundamental wise, but its quite dumb for people who blindly and purely follow fundamental, fine for people who can really hold long, but people who have no holding power should avoid. If you're expecting good profit this quarter, its advise to buy now.

Posted by Yun Kai > 2015-11-13 11:35 | Report Abuse

Final decision is yours. Trend is moving upward. Goodluck to all Latiture shareholder here. We meet again when the 1st target price is MET :)

Posted by Yun Kai > 2015-11-13 11:35 | Report Abuse

Latitude*

Posted by duncan2 > 2015-11-13 11:42 | Report Abuse

just look at few things already know this counter is heading up....soon no more 6.58...

Posted by chshzhd > 2015-11-13 12:23 | Report Abuse

next week everything will be clear...

Posted by Alex Chan > 2015-11-13 15:29 | Report Abuse

Buyers also don't go beyond 6.58

Posted by Alex Chan > 2015-11-13 15:41 | Report Abuse

Looking at the queue, there is only 1 seller supplying the market....Hahaha