RHONG KHEN INTERNATIONAL BERHAD

KLSE (MYR): RKI (7006)

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Last Price

1.19

Today's Change

0.00 (0.00%)

Day's Change

1.19 - 1.19

Trading Volume

26,900


9 people like this.

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

pingdan

1,549 posts

Posted by pingdan > 2015-12-10 06:07 | Report Abuse

From the respon we can see who is the director thinking inside his mind. Maybe he got valid reason. Maybe not

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-12-10 08:23 | Report Abuse

See u there at 1pm Pingdan. I will be in stripes

kakashit

1,472 posts

Posted by kakashit > 2015-12-10 08:41 | Report Abuse

pls boom the directors with bonus issues request. No, this is an order

I will bring a 10 feet long banner stating "pls bonus issue"

ehh2001

10 posts

Posted by ehh2001 > 2015-12-10 09:21 | Report Abuse

Bonus share 1:2 like Magni is enough for me, and it won't affect the share quality so much.

Posted by Lukesharewalker > 2015-12-10 09:39 | Report Abuse

In formation, sharp plunge or breakout to new high.....

Posted by Lukesharewalker > 2015-12-10 09:40 | Report Abuse

Crossroads

joe2703

123 posts

Posted by joe2703 > 2015-12-10 09:49 | Report Abuse

AGM starts at 3pm right ? I will attend the AGM too... hope to see you guys there

tftey

326 posts

Posted by tftey > 2015-12-10 11:15 | Report Abuse

Would attend the AGM. Let us see what we can do there.

tc88

573 posts

Posted by tc88 > 2015-12-10 12:09 | Report Abuse

Strong seller at RM7.5. Shareholder fed up with Latitude management?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-12-10 12:20 | Report Abuse

see u there

Posted by Decaventa Lee > 2015-12-10 13:13 | Report Abuse

Hi top gainer, thank you for recommending me this good share which make me win 300k. Anyway, what do you think about this afternoon agm?

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2015-12-10 13:42 | Report Abuse

We need free warrant free bonus like Poh Huat
Share split will also be pleased if bonus is unavailable

bwulf

182 posts

Posted by bwulf > 2015-12-10 14:39 | Report Abuse

Please post update of AGM here. I can't attend the meeting.

jester

852 posts

Posted by jester > 2015-12-10 14:48 | Report Abuse

Good luck to everyone attending the AGM.

Posted by Lukesharewalker > 2015-12-10 16:32 | Report Abuse

Selling started. No good news
AGM Over

Turbo

57 posts

Posted by Turbo > 2015-12-10 17:23 | Report Abuse

Luke r u go AGM?

Jim Tan

255 posts

Posted by Jim Tan > 2015-12-10 18:46 | Report Abuse

Anyone update bout AGM?

chshzhd

1,908 posts

Posted by chshzhd > 2015-12-10 19:10 | Report Abuse

No good news means got durian runtuh?:)

Posted by Pakcik Saham > 2015-12-10 19:29 | Report Abuse

Still keep for long term unless this company making loss

bwulf

182 posts

Posted by bwulf > 2015-12-10 20:35 | Report Abuse

it looks like nobody attend the meeting

tc88

573 posts

Posted by tc88 > 2015-12-10 22:58 | Report Abuse

Free fall tomoro?

cpng

1,575 posts

Posted by cpng > 2015-12-10 23:13 | Report Abuse

http://koonyewyin.com/wordpress/2015/05/04/how-to-improve-the-price-and-liquidity-of-latitude-tree-bhd/ 
Letter to the CEO of Latitude Tree Bhd. Dear Joseph Lin, 
Your shareholders register will show that my wife Tan Kit Pheng, my nephew Yap Sung Pang and I are holding more than 10% of your total issued shares. We must congratulate your management for producing such a fantastic profit.
As a result, your share price has gone up very rapidly from Rm 1.00 to above Rm 6.00 in the last 24 months. You would have noticed that it has come down in the last few trading days because we have not been supporting it.
Even though it is selling so cheaply in terms of P/E ratio, many investors and fund managers I spoke to, would not buy it because they are afraid that they cannot sell at some point due to poor liquidity. 
I would like your board of directors to consider my suggestion on how to improve the share price and its liquidity. Immediately give out 1 bonus share for every 4 shares held. Split one shares into 5 shares making 20 sen its par value. Declare to give out 1 bonus share for every 4 shares held for the next financial year. Declare a dividend policy of giving out 30% of net annual profit.
After the completion of item 1 and 2 above, 4 original shares with one bonus share ill become 25 shares. Basing on the current share price of about Rm, 6.00, the new price will be about 96 sen. It is easier for 96 sen to move up to Rm 1. 92 sen than for Rm 6.00 to move up to Rm 12.00. 
Basing on your first half year profit of 45 sen per share and 100% of your products are being exported for US$, every investor can foresee your EPS for the year will most likely exceeds Rm 1.00. Moreover, you have additional income from your huge cash deposit with Banks.
Your share should deserve to sell at a higher P/E ratio. A higher share price will benefit all the shareholders, including you, as controlling shareholder.
Moreover, with a higher share price, the company can take advantage of it for acquisition of assets and share placement every year according to Securities Commission rules to get large amount of cash for company expansion. 
As one of the founders of IJM Corporation Bhd, I know that the company has been doing what I have described above regarding share placement and assets acquisitions to expand the company.
Basing on the current IJM Corporate Bhd share price, its market capitalization exceeds Rm 13 billion. 
Koon Yew Yin

cpng

1,575 posts

Posted by cpng > 2015-12-10 23:15 | Report Abuse

Dear Mr Koon, 
Thank you for buying 10% of the company's shares and pushing the share price up while so doing. 
We were advised you have been a significant shareholder in other public listed companies such as JTiasa and Mudajaya in 2014 but no longer. 
We as the management of the company would like our large shareholders to show loyalty and commitment to company business, not just be a fair weather stakeholder who makes money from trading the shares. 
If you have a sound business proposal for ours company, We will happy to hear from you. Otherwise happy holding.
 Joseph Lin

walau2u

271 posts

Posted by walau2u > 2015-12-11 00:00 | Report Abuse

Joseph Lin response will make KYY deeply disappointed?

saschl

310 posts

Posted by saschl > 2015-12-11 02:15 | Report Abuse

If the above 2 letters are true, let's just see how will Latitude perform after 9 am today

Posted by sengtong88 > 2015-12-11 04:53 | Report Abuse

Where is the source to get above two letter??Is it true?

Posted by sengtong88 > 2015-12-11 05:08 | Report Abuse

This blogs posted at 4/May/2015. we can see that still got people is supporting the price at April and June correction other than KYY. Share price for latitude tomorrow should be Ok.

Posted by sengtong88 > 2015-12-11 05:35 | Report Abuse

Based on annual report top shareholder as at 30/Oct/2015. All this shareholder mentioned in above KYY letter still holding shares more than 10%. Can see that even KYY themselves also do not reduce their shares holding in Latitude Tree.

JT Yeo

1,637 posts

Posted by JT Yeo > 2015-12-11 07:02 | Report Abuse

"Even though it is selling so cheaply in terms of P/E ratio, many investors and fund managers I spoke to, would not buy it because they are afraid that they cannot sell at some point due to poor liquidity. "

What a pile of BS nonsense. Well Dutch Lady has the same outstanding shares as Latitude. What is their PE? 20. and how many fund managers has Dlady in their portfolio? Too many

Posted by sengtong88 > 2015-12-11 07:45 | Report Abuse

Plus i this communication be happened between end of April until Middle of May. Why it is only broadcast right after AGM?? What a good conspiracy!

pingdan

1,549 posts

Posted by pingdan > 2015-12-11 07:56 | Report Abuse

As promise with all other i3 forumers during yesterday meet up at latitude agm, we will not disclose any detail regarding on AGM. If you think it is bad news please sell it out when open market, We already keep our promise among each other. For your information only less than 50people attending yesterday agm. So the information is only know by limited person.

Posted by sengtong88 > 2015-12-11 08:09 | Report Abuse

You are the most annoying person Pingdan. Well I will top up again today. Thank you.

pingdan

1,549 posts

Posted by pingdan > 2015-12-11 08:15 | Report Abuse

Then muscle please sell when market open. Thanks

pingdan

1,549 posts

Posted by pingdan > 2015-12-11 08:23 | Report Abuse

You are correct. I dont have the right to tell you to sell or buy. Nvm buy and sell at your own risk :)

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-12-11 09:34 | Report Abuse

Good morning pingdan....have a nice day today :)

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2015-12-11 09:35 | Report Abuse

The director talk we listen
Director talk so much that we can't raise our sound
What a talkative director
One news for speculator that the director is very strict against the speculation in this counter
They will punish them severely upon identified

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

Head and shoulders.
Better run.
Nothing good happened. Don't bull shot.
Happy holding

cpng

1,575 posts

Posted by cpng > 2015-12-11 10:05 |

Post removed.Why?

jester

852 posts

Posted by jester > 2015-12-11 10:19 | Report Abuse

Hahaha.. People are very funny sometimes. Dear all, don't worry as this is a public listed company, communications will be disclosed. Some people act like they invested in a private equity. Haha..

And remember that there are more than one way to gain information. This is not 19th Century.

Those who attended AGM will have the advantage of knowing these information faster than others. But there are no hidden communication in this age. Information can be accessed anywhere. :D

PlsGiveBonus

3,749 posts

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

The only way to punish the speculation is force them out
And the rewards will be distribute to the dealer

Posted by Lukesharewalker > 2015-12-11 10:46 | Report Abuse

How can you compare Dutch lady a cash cow to this cyclical stock? Madness

PlsGiveBonus

3,749 posts

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

London bridge is falling down

obama

18 posts

Posted by obama > 2015-12-11 11:46 | Report Abuse

没得玩

walau2u

271 posts

Posted by walau2u > 2015-12-11 11:50 | Report Abuse

pingdan treat latitude like his private company?

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

Nothing gonna happen until next QR..see ya in 3 months

leekh5555

545 posts

Posted by leekh5555 > 2015-12-11 12:23 | Report Abuse

I already change to SAM. Might be better? I dun know maybe abang adik..

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-12-11 14:00 | Report Abuse

Gave up! Switched to Genting. 52 weeks low.
sleep soundly...hahaha

chshzhd

1,908 posts

Posted by chshzhd > 2015-12-11 14:26 | Report Abuse

haha...always interesting..

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-12-11 14:43 | Report Abuse

interesting..............

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2015-12-11 15:07 | Report Abuse

How many died today
I saw blood everywhere

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