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

Posted by Lukesharewalker > 2015-11-17 16:23 | Report Abuse

Those who claimed that high retention of profit is good for Latitude, here's your chance to buy. Put your money where your mouth is.
That's is like stating that the one legged fella is the best in the world of the 2 legged fella

pingdan

1,549 posts

Posted by pingdan > 2015-11-17 16:40 | Report Abuse

alex chan and lukesharewalker: just wait 13days then u will know. You just empty talking here haha. My position still same. Topup once reach rm6 and no position changed now.

duncan2

235 posts

Posted by duncan2 > 2015-11-17 16:42 | Report Abuse

pingdan, I bought more today 6.41, 6.38 and 6.30..i hope it push down purposely before gd results out..

filidon

634 posts

Posted by filidon > 2015-11-17 16:44 | Report Abuse

push down purposely before good result come out ? frankly speaking i don't get your point

pingdan

1,549 posts

Posted by pingdan > 2015-11-17 16:48 | Report Abuse

i dont know why go down. Probably due to panic sell as no ppl support on buy side. Just push down la. I dont care. I care about result. As a value investor, drop mean buy more. Result out in 13days. Nothing to panic about XD

soohau78

150 posts

Posted by soohau78 > 2015-11-17 16:48 | Report Abuse

means....wash out weak hearted so that easier to pull up after good result? hope so....

pingdan

1,549 posts

Posted by pingdan > 2015-11-17 16:50 | Report Abuse

so weak heart then dun invest in so called "cold stock". Hahaha

filidon

634 posts

Posted by filidon > 2015-11-17 16:51 | Report Abuse

latitud panic is all we see here. Let's wait for result

catalist

88 posts

Posted by catalist > 2015-11-17 16:54 | Report Abuse

how to go up if someone hv 10mil shares to sell? he and his gang are keep selling as his costs were around 4.80 to 5.00 They tried to sell as much as possible.

duncan2

235 posts

Posted by duncan2 > 2015-11-17 16:54 | Report Abuse

soohau78, u r right...I have been watching many other counters for years also had same move before result outs but there is exceptional case of course but since results can be calculated, it worth to bet on this counter...

catalist

88 posts

Posted by catalist > 2015-11-17 16:56 | Report Abuse

good results will facilitate them to sell more at better prices......Hmmmm I see a lot of poor fools keep buying till today......

ehh2001

10 posts

Posted by ehh2001 > 2015-11-17 17:04 | Report Abuse

Yes,don't buy, let it drop.

Posted by Lukesharewalker > 2015-11-17 17:09 | Report Abuse

You mean, if good results they can't sell all the way down after results announcement?
Looks like selling to run away....

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

Big red flag is there is still announcement on AGM....
Still a semi red chip. A lot of money in the company

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

Sorry...no announcement

Posted by Lukesharewalker > 2015-11-17 17:14 | Report Abuse

Anyway results likely on 27th. Will see then....

Posted by Lukesharewalker > 2015-11-17 17:30 | Report Abuse

Aha...at last AGM date is out

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-11-17 17:32 | Report Abuse

10th December 2015 AGM at Shah Alam

pingdan

1,549 posts

Posted by pingdan > 2015-11-17 17:57 | Report Abuse

sien shah alam. No transport. If nearby KL area then still can take taxi..

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-11-17 17:59 | Report Abuse

See u guys there

hmchong2

24 posts

Posted by hmchong2 > 2015-11-17 18:22 | Report Abuse

Notice of Twenty-First Annual General Meeting. Date of Meeting: 10/12/2015, Time of Meeting: 3.00 pm.
Venue: Putra Room, Kelab Golf Sultan Abdul Aziz Shah, No. 1, Rumah Kelab, JalanKelab Golf 13/6, 40100 Shah Alam, Selangor Darul Ehsan. Date of General Meeting Record of Depositors: 04/12/2015

slater

36 posts

Posted by slater > 2015-11-17 20:41 | Report Abuse

Have you all find out who is the culprit selling in big volume ?

dalpinia

2,299 posts

Posted by dalpinia > 2015-11-17 20:46 | Report Abuse

Hevea result damn good......Latitute will be bettdr result....great timd to buy now

Posted by shareinvestment7 > 2015-11-17 20:57 | Report Abuse

Evli Emerging Frontier

Posted by Alex Chew-iwc > 2015-11-17 21:43 | Report Abuse

Agreed with dalpinia. Latitude quaterly result will be Sui Sui.

Posted by Alex Chew-iwc > 2015-11-17 21:44 | Report Abuse

Hopeful result will be out tomorrow. So Excited.

pputeh

698 posts

Posted by pputeh > 2015-11-17 22:13 | Report Abuse

slater, Hevea directors generous and so shareholders happy. Latitude..... much to be said about directors, Can easily give special div if don't want bonus issue but keeping funds (hoarding) wonder why. Am very very suspicious of them. Don't want to share the cake

chshzhd

1,908 posts

Posted by chshzhd > 2015-11-18 08:11 | Report Abuse

haha...

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-18 09:43 | Report Abuse

And the selling continues....results embarrassingly bad?

pingdan

1,549 posts

Posted by pingdan > 2015-11-18 09:56 | Report Abuse

Good. Please drop to RM6 before result out. I can collect more

lbkeat

132 posts

Posted by lbkeat > 2015-11-18 10:07 | Report Abuse

just top few lots yesterday and today will continue buying

filidon

634 posts

Posted by filidon > 2015-11-18 10:22 | Report Abuse

waiting at RM6. Big shark please sell

leekh5555

545 posts

Posted by leekh5555 > 2015-11-18 11:44 | Report Abuse

6.26 please sell to me...

jeff10000

136 posts

Posted by jeff10000 > 2015-11-18 11:59 | Report Abuse

Havn't posted for quite a while. Anyway I just bght some. I was embolden by the upward movement of Hevea, Liihen. That means the industry as a whole is doing pretty well. So I think Latitude results will be on par with the rest. The current price of 20% off its peak is a bargain. Of course, investors are generally disappointed with the low div and no bonus. So if you are an disgruntled investors, you shld attend the AGM Dec 10 and ask these questions.

kakashit

1,472 posts

Posted by kakashit > 2015-11-18 12:31 | Report Abuse

what the heck, 6.3?! jiama jiama jiama

pingdan

1,549 posts

Posted by pingdan > 2015-11-18 15:26 | Report Abuse

92% sales from USA from FY2015 revenue

pingdan

1,549 posts

Posted by pingdan > 2015-11-18 15:27 | Report Abuse

In order to manage quality and stability of supply of raw materials, the Group plans to expand its upstream operations especially Kiln Dry and Saw Mill facilities to meet the raw materials requirements of its existing furniture plants in Binh Duong, Vietnam and Selangor, Malaysia. The newly acquired panel board lamination
factory will provide new varieties of raw materials and will help to mitigate reliance on solid woods. It also allowed the Group to diversify into new industry and new type of products.

pingdan

1,549 posts

Posted by pingdan > 2015-11-18 15:28 | Report Abuse

In order to reduce reliance of low-skilled labour and to improve production efficiency, the Group has allocated RM35.0 million to upgrade or automate existing production lines with advanced automation and state-of-thear technology machinery.

pingdan

1,549 posts

Posted by pingdan > 2015-11-18 15:33 | Report Abuse

So they plan to use money for upgrade or automate existing production line. Also to acquire "raw material company" to provide latitude raw material in vietnam. So this is the reason why they dun wan to give more dividend.

duncan2

235 posts

Posted by duncan2 > 2015-11-18 15:44 | Report Abuse

today announce result?

pingdan

1,549 posts

Posted by pingdan > 2015-11-18 15:51 | Report Abuse

Probably month end. Their accountant just finish doing annual report. They need time to do quarter report. Just like last year, previous year and the year before, the result most probably out on 27, 28, 30 Nov.

Anyway I added my position again just now after i saw the future of Latitude.

No need to wait RM6 already. Haha

Jeff Lee

327 posts

Posted by Jeff Lee > 2015-11-18 15:59 | Report Abuse

from latest annual report 2015, as of 30 Oct 2015, Uncle Koon Yew Yin and Uncle Cool Eye still holding latitude. Why scared?

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-18 16:02 | Report Abuse

Isn't the annual report for the period ended 30 June?

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-18 16:04 | Report Abuse

Anyway Uncle and OTB might be doing you a favor if the results is good....
Uncle just wanted to go postal....Hahaha

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-11-18 16:05 | Report Abuse

Selling momentum subsided in the afternoon.
where's the seller?

pingdan

1,549 posts

Posted by pingdan > 2015-11-18 16:05 | Report Abuse

5.7percent Mr Koon,
0.55percent Fong Siling

Jeff Lee

327 posts

Posted by Jeff Lee > 2015-11-18 16:10 | Report Abuse

Uncle cold eye hold 600,000 shares

pingdan

1,549 posts

Posted by pingdan > 2015-11-18 16:11 | Report Abuse

Alex Chan: please see the title on page 124:

THIRTY LARGEST SHAREHOLDERS/DEPOSITORS AS AT 30 OCTOBER 2015

FAINTED!!!

leekh5555

545 posts

Posted by leekh5555 > 2015-11-18 16:28 | Report Abuse

want win big...keep.

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