Posted by RosmahMansur > 2015-12-30 11:08 | Report Abuse

Buy when ppl are panic, sell when ppl are awake

Posted by bwulf > 2015-12-30 13:10 | Report Abuse

horse goes first canon follow

Posted by kun1971kun > 2015-12-30 13:37 | Report Abuse

Sell today can I get the dividend ?

Posted by bwulf > 2015-12-30 16:48 | Report Abuse

ex date is yesterday. you should get your dividend if you sell today.

Posted by kun1971kun > 2015-12-30 19:32 | Report Abuse

Thx,gulf. I sold it today at 7.50........10% gain is enough for me

Posted by kun1971kun > 2015-12-30 19:34 | Report Abuse

Thx bwulf

Posted by SC > 2015-12-31 14:35 | Report Abuse

KYY will be in trouble for selling without proper filing to Bursa.

Posted by SC > 2015-12-31 14:36 | Report Abuse

KYY has no respect to the Securities Law and Bursa regulations. he will be in trouble soon.

Posted by 惠方楊 > 2015-12-31 17:48 | Report Abuse

Why KYY still have mood write at here if he will be in trouble? http://klse.i3investor.com/blogs/koonyewyinblog/88909.jsp

Posted by RosmahMansur > 2015-12-31 23:11 | Report Abuse

Wishing all my friends a Happy and Prosperous New Year 2016. May the brand new year augurs well for the world with peace, happiness, luck, prosperity and good health. Huat ahh!

Posted by dalpinia > 2016-01-02 19:29 | Report Abuse

Pohuat result out with excellent performance.... Latitude next QR is expected better....so RM10 TP is achieveable before next QR

Posted by dalpinia > 2016-01-04 11:14 | Report Abuse

moving up...

Posted by Jeff Lee > 2016-01-04 14:32 | Report Abuse

latitude definitely is the cheapest export stocks now.

Posted by Jeff Lee > 2016-01-04 14:32 | Report Abuse

PE ratio only 7.5 if based on eps 1.00

Posted by dalpinia > 2016-01-05 17:20 | Report Abuse

Yes....confirmed tomorrow will touching rm8 and toward rm10 before next QR

Posted by Lukesharewalker > 2016-01-05 18:38 | Report Abuse

You got to be kidding
Daydreams
Buy until limit up yourselves if so confident of 10...

Posted by dalpinia > 2016-01-05 20:30 | Report Abuse

U must be not dare to dream at all...."A people without dream, is dead fish"! U better go back to MARS.

Posted by Alex Chan > 2016-01-05 20:31 | Report Abuse

A person who is lost from reality is a Looney bin...

Posted by mamatede > 2016-01-05 20:50 | Report Abuse

The problem this stock is so expensive, quickly split it la

Posted by jackyclong > 2016-01-05 23:34 | Report Abuse

Latitutide latititude when u want move to RM8. If RM8, 300% profit liao....

Posted by jeff10000 > 2016-01-06 10:03 | Report Abuse

Expensive is not a good word to measure value. Rm8 will be expensive for a bowl of noodle or chicken rice. Rm8 will be cheap for a bowl of bird nest soup. Latitude is like bird nest-good value- more bangs for your buck.

Posted by jeff10000 > 2016-01-06 10:06 | Report Abuse

Management has spoken-they are not going to dilute the shares with bonus or share split. Management will spend their time on how to grow the company thru expansion and merger. The share price will take care of itself when the company profits are increase year-after-year.

Posted by jeff10000 > 2016-01-06 10:24 | Report Abuse

Rm8 akan datang

Posted by dalpinia > 2016-01-06 10:45 | Report Abuse

Like that can you advise management to acquire SHH or giving more div if no bonus....actually bonus will not affect the share but just giving more chances to enter at lower price and increase the liquidity....also to increase the market cap then only big funds managers only can go in with some minimum entry requirements.

Posted by jeff10000 > 2016-01-06 10:56 | Report Abuse

Like I said no need to bonus or split share for affordability. The bursa allows u to buy 100 shares. So buying 100 shares instead of 1000 shares is just only 10% of its value. Be patient abt dividend. Management need a war chest of cash to make expansion. If share price moves abv Rm10, then acquisition using share issue to pay for is the best option. The higher the price, the less share needs to be issued for acquisition. Otherwise huge dilution.

Posted by dalpinia > 2016-01-07 08:55 | Report Abuse

KLSE. aldy bottom...nothing to worry....just buy in export counters to maintain ur RM value as USD will not go down for 2016 perhaps high chance may goes up....

Posted by SC > 2016-01-07 09:16 | Report Abuse

only speculators like share split and bonus.

Posted by dalpinia > 2016-01-08 18:01 | Report Abuse

This counter like to move up by Feb n Mar......no choice...move slowly lah better than stand still

Posted by snake_eye > 2016-01-09 13:44 | Report Abuse

RM8???you must be kidding..so easy to achieve in few weeks..RM10 at least before next QR..

Posted by Yun Kai > 2016-01-09 16:38 | Report Abuse

Bonus issue will further increase the cost of capital for Latitude. I'm satisfy with the management decision not to make bonus issue.

I wish to have share split to bring down the price and increase the stock liquidity and marketability. unfortunately the management reluctant to do so.

Anyway, I'm exciting wait for quarter 2 result for latitude as these will hit the highest among all quarter. Do remember the management in exploiting the opportunity to increase the earning as much as possible.

1. Favoring in USD - I don't need to explain these, i guess all of you are smart enough to understand the situation

2. Economy of Scale thru automation. - Latitude is invested heavily on the machinery to replace the labour cost via a machinery in Malaysia and Vietnam section . These allow the company to control and reduce the operational cost further.

3. Expanding Malaysia segment - Latitude is expanding the Malaysia segment to improve the supply to Vietnam segment as well as sourcing opportunity to diversify it's product portfolio. in order to improve sales margin.

In view of above points. I'm very conservative to say that. For Latitude to hit EPS of 35cents. It's easy job. I don't know how fast it can go but i do understand how far Latitude can go.

Thanks.

Posted by hpcp > 2016-01-09 17:20 | Report Abuse

Hi Yun Kai, I do quite understand how bonus issue would increase the cost of capital for Latitude. Would you mind to explain it a bit? Thanks

Posted by snake_eye > 2016-01-09 21:25 | Report Abuse

latitude-next week, sky is its limit...

Posted by Yun Kai > 2016-01-10 11:37 | Report Abuse

Dear hpcp,

Bonus issue is considered as a scrip dividend where transferring the distributable profits from retain earning to share capital and there is no actual payment made to shareholder.Bonus issue(BI) take place will increase the number of share held.

I believe the perception of a significant number of investor think that BI will improve liquidity of stock and diluted EPS.Unfortune they miss understand intension of proposing a BI for the company. BI is a form dividend allow investor to reinvest their earning (where suppose to be dividend) into the company finance the company instead of using debts financing for future investment.

Latitude is having a very rational capital structure (The major investment recently used debts financing to purchase machinery [enjoy tax savings & profit maximisation]) and their cash position is very healthy. No point to increase number of share held in the company. Again i would like to give a trumph to the management of Latitude.

Cost of capital increased to latitude. -
1. BI reduced the distributable profits which can be declare as dividend if current favoring situation no longer exist.

Before - S.Cap 97,208
RE 297,664

E.g 1 to 1 Bonus issue

After - S.Cap 194,416
RE 200,456

2. Costly to maintain same amount of dividend payment (unless) if BI take place.
3. Once BI issue, will be difficult for latitude to perform share buy back from market.
When you issue BI, you transfer RM1 from RE to S.Cap. for every existing shareheld. When apply share buy back the cost surely more than RM1.

If management wish to improve the stock performance in Bursa they simply do a share split of 1 to 4,5 will do. I believe if share split take place. Latitude probably will soar RM 12 - RM14. (assuming my perdiction of 35 cents next qtr and industry PE of 13 is correct.)

Hope these clarify to you.

Thank you.

Posted by GreatSTOCK > 2016-01-11 06:07 | Report Abuse

All fanatic FA fellows said that there is zero organic value to split n bonus issue in the long term. To a certain extend, I agree with them but not on the speed of price increase in immediate term.

i. A very good case study to do is that done and operated very well by the AIG before the deadly sub-prime crisis.
Hank Greenberg, a clever Jew engineered an explosive rise of AIG in its hay days.
Imagine this, AIG was rated 3 big A, AAA. Msia as a country garnered a mere Bcc, I guess.
I learned that AIG's scripts count only doubled in 5 yrs as the earnings increased in tandem.
AIG had a superb CF advice who had market knowledge learned from study done by Harvard biz school, i.e. 3 small bonus issue in 5 yrs.
Each time AIG stock price went above USD$100-150, a bonus issue was announced. After ex the lower price will gradually moved up n up to above 100 to 150 range. When this was achieved, a small faction of bonus issue was again announced. I remembered reading AIG's announcements on the 3 bonus issues. The letters written were almost the same word by word and line by line. The only difference was the # or ratio of bonus issue. Seems to be run mechanically.
This simple and sure way to wealth creation is set in motion.
Simply incredible, IF LATITUD wants to follow this amazing duplication plan.

ii. We want funds to hold LATITUD forever.
Many funds in Msia are not allowed to buy stocks below Rm2.
So stocks with prices below rm2 after over size generous split n bonus issues, beware.
The funds might begin to get out when the going gets tough or is questionable.
New funds are very unlikely to come in. So there goes the demand for their scripts and stocks out-performance going forward.
Free Warrant issue provides immediate 'steroid' effect to fast reward but the earnings dilution is forever. Unless the earning growth is super fast enough, the valuation has to come down.

Posted by dalpinia > 2016-01-11 11:06 | Report Abuse

I dont mind whether it is Bonus or Split share or even free warrant....my point of view the management must do something to attract more big funds to invest to their share.....then only the share price will shoot up!!!

Posted by dalpinia > 2016-01-11 11:06 | Report Abuse

seems like management heard our voice, today flying!!! Super buy call RM10 is coming.....

Posted by dalpinia > 2016-01-11 11:08 | Report Abuse

Resistance broken....sky is the limit!!!

Posted by jeff10000 > 2016-01-11 11:10 | Report Abuse

This share is rocketing. Regrets selling too early. Can buy back or not?

Posted by Ntpboon > 2016-01-11 11:13 | Report Abuse

老马识途 ?

Posted by shareinvestment7 > 2016-01-11 11:16 | Report Abuse

For those ppl who have faith in latitude, congratulation, time to get rewards.. Cheers :)

Posted by Sephy > 2016-01-11 11:18 | Report Abuse

its still 8x PE. revenue is constantly growing. management is focused on growing the business and not shooting the share price up for short-term gain. In my opinion it is a good long-term hold. Final decision is up to you.

Posted by pingdan > 2016-01-11 11:20 | Report Abuse

rm8!!!

Posted by GreatSTOCK > 2016-01-11 11:22 | Report Abuse

Just come out from shower to know
LATITUD decided to jump q and lift-off earlier than KESM at right timing.

Posted by Lollipot Anison > 2016-01-11 11:26 | Report Abuse

this is what I defined as good stock.
resilient stock.

Posted by wwwcomment > 2016-01-11 11:48 | Report Abuse

10 is coming.

Posted by lbkeat > 2016-01-11 11:49 | Report Abuse

ntboon hope can see ur poem again

Posted by jeff10000 > 2016-01-11 12:09 | Report Abuse

The management is resolute in not yielding to the investors who want a bonus or share split. Now that the investing public is subdue or accept their decisions, the next focus is 2nd qtr earnings ending 31 Dec 2015. Poh Huat announced higher earnings. Next is Liihen. If Liihen also announces very good upside, than Latitude likewise shld be able to get $0.35per share per qtr. Then a price of $10 or even $12 shld not be surprising.

Posted by jeff10000 > 2016-01-11 12:18 | Report Abuse

Watch for HOMERITZ earnings on end Jan 2016. It is the forward indication for other furniture stocks.

Posted by dalpinia > 2016-01-11 12:27 | Report Abuse

HOMERITS can reflect 50% only against Latitude....as Latitude is the largest Furniture company in KLSE and much larger factories in Vietnam....

Posted by Sephy > 2016-01-11 13:25 | Report Abuse

Should expect some downward pressure till we're closer to the earnings release. However, with industry average of 11x PE and with Latitude being only 8x despite superior margins, cash conversion cycles, and net cash. This is the one to hold for the long-term. Final decision is up to you.