Technically, this stock should be doing well till end Nov, fundamentally, its valuation compare to its price is very cheap... my remiser ask me to buy and hold it..
Just brought some today at 6.75.. If quarter report good but management still eating the cake alone (no div/splint/warrant) still can shoot up or not? Any idea?
BTW rosmah. What is the iv for latitude? Or your Tp in short term?
Let's ignore the management by pushing up the price until IV every quarter since there's still growth.... if this counter reaches 10++ it will attract attention then they have will have pressure to bonus issue
Posted by Lim Xiong Jun > Nov 20, 2015 09:18 AM | Report Abuse
Walao, those ppl still say Latitud will fall to RM6. I cut loss at RM6.50 & plan to buy at RM6. Terrible nia those ppl. ========================================================== It can only say you still not good in investment. Do not do homework, always waiting to be feed. Cannot blame other. Lesson learnt, start now, go learn to fish.
When Furniture Co A and B shares are rising and that of C (in the same kind of business) are declining, it does not take a rocket scientist to buy C. That is what I did and now looking at >$8 or more. Others Furniture Co are trading at close to 13-15pe, and Latitude is <9pe. With result expecting to be higher, again it does not take rocket scientist that Latitude is really below its value.
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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....
RosmahMansur
2,870 posts
Posted by RosmahMansur > 2015-11-20 10:19 | Report Abuse
suddenly all those who bad mouthed this stock is silenced especially Lukesharewalker.