Posted by bearbear11 > 2015-12-11 15:17 | Report Abuse

CEO unable to convince shareholder yesterday, looks selling will continue......

Posted by pingdan > 2015-12-11 16:01 | Report Abuse

U nvr know if someone selling down to collect more at this bad sentiment... opps

Posted by lewis27wong > 2015-12-11 16:02 | Report Abuse

Will buy if it drop below 7

Posted by Alex Chan > 2015-12-11 16:20 | Report Abuse

Some people here are grappling the last straws of hope

Posted by Alex Chan > 2015-12-11 16:21 | Report Abuse

Let me finish with Genting and see if anything changes back here

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

sold all 7.49. thank you latitud for the ride for now. might be coming back if oppurtunity come. cheers

Posted by Lim Xiong Jun > 2015-12-11 17:32 | Report Abuse

Rosmah, can help me check on IV for CheeWah?
I just bought today at RM1.39.
Please... =(

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

To be honest. I do have little disappointment to the managing director and the team in responding the demand from shareholder.

Let me tell you what the next the corporate exercise the company going to do and so called “Strategy”. In responding fluctuation of share price. 1. Allot share 10% (not restricted to private placement) 2. Share buy back 10%

Why the company retain significant amount cash and making a remarkable profit but reluctant to distribute its profit while there is no significant expansion of the business.
If share price goes up 1st to the company will put private placement in place to obtain huge amount of cash. The exceed amount of cash will allow the company to “sustain” in dealing with the decline in market demand “Cash is King”  . As the directors claim that they’re Oldman do not have much significant expansion of the business during the AGM. Based on these comment from director I would assume that the company do not intend to expand and their aim only to sustain in the market’s. No big growth expected.

If share price goes down share buyback will take in place allow itself to collect at cheap prices when the share prices go below the NTA value. Or wise versa.

To obtain the competitive edge in the segment of course the company need to have a very good quality and service deliver to the customer which I’m pretty agreed with the directors. However, I’m disappointed that the company forgive these 十年难得一见opportunities to maximise their potential instead the choose to be very conservative. The company can simply do a share split to increase the marketability and the liquidity of the counter. To build up the reputation of the company let’s more people knows about Latitude Tree instead of sitting there let the other stakeholder think Latitude is astrology company. When the market goes down. They can simply consolidate their shares to reduce the stock liquidity

I would prefer to hold the share as believe Latitude will continue be making a remarkable profit in near future. Anyway, I would like to highlight these is not a call buy or sell. I prefer to share my opinion with you all. Thank you.

Posted by Yun Kai > 2015-12-11 22:29 | Report Abuse

But i feel the management is very good in managing the company in a very conservative ways. I'm very surprise the director claims that they do not have single bad debts in their account. the manage their receivable very well. especially their goods 90% export to USA.

Posted by susheel > 2015-12-11 23:18 | Report Abuse

Thanks Yun Kai!

Posted by 惠方楊 > 2015-12-12 09:48 | Report Abuse

Thank you Yun Kai for your kind sharing.

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

Dear Yun Kai, thanks for your sharing. I thought Latitude is going to have some business activities or expansion. The company have raised the a significant debt as shown in the recent quarterly result, total borrowing was increased around RM42 million. Did the management explain anything about this?

Posted by PlsGiveBonus > 2015-12-12 13:21 | Report Abuse

The director is old ginger is more spicy
speculator is not very welcoming
And the director even plan to take private of their own company rather share with everyone else

Posted by jester > 2015-12-12 13:32 | Report Abuse

@Yun Kai, thanks for your sharing. Appreciate it a lot. There are a few people in i3 that may not be fond of your idea to share those information. Thank you for being the better person and making this forum a better place. :)

While i'm a bit disappointed that the management not taking the inotiative to improve the liquidity of this stock, but I do think that they did well in managing the company in a conservative way. That might not be top bad considering the economy these days.

Posted by jester > 2015-12-12 13:34 | Report Abuse

*initiative
*too

Posted by PlsGiveBonus > 2015-12-12 15:39 | Report Abuse

Today I learnt a few thing
1. Before invest, we must make sure the management will give bonus to everyone not take it personally
2. The willingness to share good result with everyone else
3. Listen to their investor if they don't care about it we shouldn't care about them too
4. Increase dividends
5. Took initiative to inform investor when unusual market activities happens

Posted by PlsGiveBonus > 2015-12-12 15:40 | Report Abuse

If the condition do not fulfilled
We shouldn't consider it at all
Although their reason of play tai chi seem very legit

Posted by RosmahMansur > 2015-12-12 15:54 | Report Abuse

Partially correct. Some other vitals info was not disclosed by Yun Kai. Good job

Posted by chshzhd > 2015-12-12 16:48 | Report Abuse

tqvm... yun khai...

Posted by lbkeat > 2015-12-12 17:53 | Report Abuse

personally , i'm quite confident latitud will deliver good set of results within 2 years of time and will continue 2 moniter how latitud will perform in the long run, how the lin's second generation manage the business.
maybe others who r buying lihen,hevea,pohuat(all these com declared bonus, share split or free warrants) are enjoying good capital gains compare 2 latitud but i know latitud will perform better in the long run.

Posted by Yun Kai > 2015-12-12 21:35 | Report Abuse

Thanks for the complement. I’m a baby in capital market therefore I wish to share more and exchange more information to build up my knowledge bank.

@cktio – for the increase in debts is explain from the chairman and director statement Pg.4 & Pg.5 of annual report you may look into it if you need further clarification and these has been repeated during the AGM.

Thanks for hippopotamus recalled my memory. Some discussion not highlighted in my comment was disclosed in the annual report Pg.4 and Pg.5 . Other than that number of shareholder criticizing market capitalization, low P/E, no bonus, low dividend policy / yield these and that. The management respond these with "sustainability" theory to maximize shareholder wealth instead of short term capital appreciation they wish to have a shareholder where loyal to them.

Directors comment : You want High P/E and better value of capitalization? buy more latitude.

I noted during the AGM on the director claims that director fee is only RM360,000 no change compared to last year. Where each of the director is not earning > RM100,000. Where other generic competitor director earning Liihen = RM 3.5million, Heveaboard RM3 million etc.

I share whatever i observe during the meeting. Please correct me if anyone of you feel my interpretation is incorrect and do share about what you observe in the meeting.

Thank you.

Posted by RosmahMansur > 2015-12-13 20:50 | Report Abuse

He must be late or sleeping during the early part of AGM. Thats why many vital points were missed here.

Posted by Pusher_Punisher > 2015-12-14 03:07 | Report Abuse

Tq yun kai for sharing.. Yes my friend's info is correct as management is stubborn and didn't want to entertain as what they called speculator.
Either you can be loyalist and ride with lattitud or dump it and move to another counter. The management obviously didn't like the idea of fast capital appreciation of lattitud share (by splitting share or bonus issued)

By being loyalist,I believe price will eventually move up if they can sustain current performance.
Or you can choose to dump the share and show the management they should listen to the shareholders, "if u can't share the cake,atleaat give us a a taste of the cherry on top."

Price will go south very fast if many choose option number 2. "Let's say uncle koon sell his share and tell i3" - I believe major support will be breach easily as I see hevea or pohuat is much better company to be invested in.

Posted by Lukesharewalker > 2015-12-14 11:16 | Report Abuse

Hahaha... cheap will become cheaper

Posted by Lukesharewalker > 2015-12-14 12:35 | Report Abuse

Initial support at 6.95

Posted by Alex Chan > 2015-12-14 14:09 | Report Abuse

Wow...lucky I sold off

Posted by jester > 2015-12-14 15:02 | Report Abuse

@Yun Kai, thanks again for your sharing. Just ignore the jitters from some of the forumers here. Just knowing that you did well to share your information and there are people who appreciate your kind sharing is enough.

It is really interesting in regards to your information. The management seems to be focusing on "sustainability" which is quite interesting given the current market and it's correlation with Latitude. Interesting indeed.

Well let us all be more informed so that we can make a calculated risk ourselves. Lastly, welcome to the capital market Yun Kai. :D

Posted by Alex Chan > 2015-12-14 15:47 | Report Abuse

gap down....not a good sign
game over for now

Posted by RosmahMansur > 2015-12-14 16:40 | Report Abuse

pls sell. tq

Posted by Lukesharewalker > 2015-12-14 17:09 | Report Abuse

Now its not the fundamentals, but the lack of shareholders benefit

Posted by ehh2001 > 2015-12-14 17:30 | Report Abuse

I think uncle KYY will hold it for dividend.

Posted by cherry88 > 2015-12-14 22:43 | Report Abuse

Take profit and buy Jcorp and Poh Huat lah....Jcorp just release its results....and Poh Huat will follow suit....

Posted by pputeh > 2015-12-15 12:36 | Report Abuse

With my limited knowledge, allow me to highlight just one point. An investor who bought Latitude on 20 Dec 2013 at rm2.00 and still holding till today 15Dec 2015, price rm7.30 will have reaped an appreciation of rm5.30. In the space (holding) 2 years the return would be 265%/2years= 132% p.a. Nothing to complain. Just sit tight and hope & my worry is the directors don't privatise the company and pay peanuts to the minority shareholders

Posted by jester > 2015-12-15 13:00 | Report Abuse

People who are not confident in regards to the prospect of this company can sell. People who are short term investors can also sell.

As for myself, I'm holding to this stock as long as the fundamental stayed intact.

Posted by Lulu La > 2015-12-15 13:27 | Report Abuse

pputeh....your objective of buying latitud is hope the management privatize the company?

Posted by skphua > 2015-12-15 16:28 | Report Abuse

LATITUDE对投资者来说是宝藏，对投机者来说是垃圾。

Posted by pputeh > 2015-12-15 19:47 | Report Abuse

Lulu.. You did not read my comment correctly. I said my fear is the directors may privatize the co for its cash assets. Obviously i don't want them to privatize the co.

Posted by Lulu La > 2015-12-15 20:59 | Report Abuse

'Just sit tight and hope & my worry is the directors don't privatise the company and pay peanuts to the minority shareholders'.....

May be my English got problem...haha

Posted by yongleecheng > 2015-12-16 06:31 | Report Abuse

HOLD IS GOLD.

Posted by kakashit > 2015-12-16 15:54 | Report Abuse

其实被低估也不错得，至少不用卖出，又要烦找别的股

Posted by Turbo > 2015-12-16 16:47 | Report Abuse

Can keep more now when price cheap coz end of month before dividen out sure price will up more

Posted by dalpinia > 2015-12-17 10:22 | Report Abuse

http://www.theedgemarkets.com/my/article/insider-asia’s-stock-day-latitude-tree

Posted by dalpinia > 2015-12-17 10:26 | Report Abuse

http://www.theedgemarkets.com/my/article/shares-furniture-makers-rally-stronger-us-dollar

Posted by dalpinia > 2015-12-17 10:30 | Report Abuse

http://www.theedgemarkets.com/my/article/insider-asia’s-stock-day-riding-us-housing-recovery

Posted by catalist > 2015-12-17 12:36 | Report Abuse

KYY in trouble for not reporting his substantial disposal of Latitud shares

Posted by joe2703 > 2015-12-17 15:24 | Report Abuse

SC, really ? How you know ?

Posted by RosmahMansur > 2015-12-17 16:28 | Report Abuse

pls sell Latitude, KYY disposing now.

Posted by joe2703 > 2015-12-17 16:44 | Report Abuse

Huh ? Sell Latitude because KYY is disposing ? What theory is that ?

Posted by RosmahMansur > 2015-12-17 16:57 | Report Abuse

up to your belief

Posted by Turbo > 2015-12-17 17:08 | Report Abuse

Top loser list lagi