Posted by bwulf > 2016-01-11 13:34 | Report Abuse

Latitud still is the cheapest furniture counter with PE less than 10 & with highest EPS among its peers.

Posted by pingdan > 2016-01-11 13:41 | Report Abuse

i still holding since RM6.78. Then continue add on when drop to RM6.26. After result out then someone say KYY disposing, i add some on RM7.10. Until now still no announcement from bursa stated that KYY is disposing even a single share. Also the share price move up since then. I start to doubt "someone" credibility to claim that KYYis disposing latitude

Posted by Ntpboon > 2016-01-11 13:50 | Report Abuse

lbkeat ntboon hope can see ur poem again
11/01/2016 11:49

Relax, just for laugh................

伐者叫人别栽种？
听者害怕不敢碰？
緯树盘根砍不动？
卖者如今好心痛？


智者继栽真夠胆，
伐者如今已离场？
緯树股价即猛涨！
轻跃即登龙虎榜。

Posted by jeff10000 > 2016-01-11 14:13 | Report Abuse

Fr what I can see KYY is a smart investor. He can see that all furniture stocks are trading fr 13 to 15pe except for Latitude at PE of 9. With the earning reporting season coming, and the USD spiking, it is a recipe of strong tailwind to push the prices up.

Posted by kjk85 > 2016-01-11 14:19 | Report Abuse

KYY bought a lot of LIIHEN also, around 8% it might be next one to shoot up

Posted by snake_eye > 2016-01-11 14:24 | Report Abuse

haha..enjoy the show guys..told you already...

Posted by limayseng > 2016-01-11 14:32 | Report Abuse

but hevea dropped like shit ...also timber co..?

Posted by Sephy > 2016-01-11 15:53 | Report Abuse

hevea got hit by rumours.

Posted by vzcb1t > 2016-01-11 16:04 | Report Abuse

I think someone get paid and purposely spread rumours on Hevea to push down the price. It is small problems but someone purposely stir it up. Afterall the fundamental is still good. If the rumours is true, those bad news would have published at the Edge already. Thanks to the rumours, I bought in more Hevea. At this market situation, tell me which counters is better than export counters ?

Posted by dalpinia > 2016-01-11 16:42 | Report Abuse

Since Hevea got rumours....then just switch all to Latitude which is much more potential....

Posted by rocky77 > 2016-01-11 16:46 | Report Abuse

Huat ar!

Posted by Sephy > 2016-01-11 16:49 | Report Abuse

people swapping to evergreen too.. but looks like that has stopped. now all flooding here. next one will be mieco. haha.

Posted by vzcb1t > 2016-01-11 16:51 | Report Abuse

Latitude shoot up so much today. Can't chase lah. Buy Hevea as the price has been push down by rumours.

Posted by Alex Lim Jun Xiong > 2016-01-11 17:02 | Report Abuse

Engine started??

Posted by Sephy > 2016-01-11 17:08 | Report Abuse

yea cant chase. will most likely drop the next month. wait for better price to pick up more.

Posted by RosmahMansur > 2016-01-11 17:12 | Report Abuse

Good good...i am so happy today with Latitude....

Posted by SC > 2016-01-11 17:23 | Report Abuse

with today's announcement, don't know how many fools will enjoy their losses tomorrow.......

Posted by Sapphire > 2016-01-11 17:25 | Report Abuse

wa....up so many aaa....

Posted by Jeff Lee > 2016-01-11 17:29 | Report Abuse

SC, what announcement today?

Posted by rongguailin > 2016-01-11 17:36 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4972221

Posted by RosmahMansur > 2016-01-11 17:38 | Report Abuse

what is this nonsense u had posted ronguailin?

Posted by chewysoon82 > 2016-01-11 17:38 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4972217

Posted by chewysoon82 > 2016-01-11 17:39 | Report Abuse

looks like kyy got disposed shares..

Posted by Flybythenite > 2016-01-11 17:40 | Report Abuse

;)

Posted by RosmahMansur > 2016-01-11 17:41 | Report Abuse

This had proven me correct...let u guys judge it. In fact, during the month of December, there were many other transactions. TQ

Posted by rongguailin > 2016-01-11 17:42 | Report Abuse

Rosmah, from bursa..not nonsense

Posted by rongguailin > 2016-01-11 17:42 | Report Abuse

but the problem is:-
Notice of Person Ceasing (29C)

LATITUDE TREE HOLDINGS BERHAD
Particulars of Substantial Securities Holder

Name KOON YEW YIN
Address 65, Lingkaran Meru Valley, Meru Golf Resort, Jelapang
Ipoh
30020 Perak
Malaysia.
NRIC/Passport No/Company No. 330106105161
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary Shares of RM1.00 each
Date of cessation 24 Nov 2015
Name & address of registered holder HLIB Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Koon Yew Yin (M)
Level 10, First Avenue
Bandar Utama
47800 Petaling Jaya
Selangor Darul Ehsan

TA Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Koon Yew Yin
Ground Floor, Plaza Teh Teng Seng
227, Jalan Raja Permaisuri Bainun
30250 Ipoh, Perak
Currency
No of securities disposed 321,600
Price Transacted ($$)
Circumstances by reason of which Securities Holder has interest Disposal
Nature of interest Direct

Date of notice 11 Jan 2016

Posted by rongguailin > 2016-01-11 17:42 | Report Abuse

KYY already lari...

Posted by Jeff Lee > 2016-01-11 17:43 | Report Abuse

Balance shares: 5,079,700 shares

Posted by RosmahMansur > 2016-01-11 17:44 | Report Abuse

Ok noted. Coz just now i pressed on the link came out to be from Gadang website..

Posted by lching > 2016-01-11 17:48 | Report Abuse

goreng high to dispose?

Posted by filidon > 2016-01-11 17:52 | Report Abuse

how long bursa can hold the announcement as kky dispose on month of november...i believe kky is a smart investor. he had seen something in latitud so he dispose..

Posted by pingdan > 2016-01-11 18:06 | Report Abuse

Haha nvmla share price already up. He already disposed then good. if not later people keep on using koon yew yin name to promote. Bye koon. is nice to meet you

Posted by rocky77 > 2016-01-11 18:15 | Report Abuse

Huat ar!!!

Posted by RosmahMansur > 2016-01-11 19:22 | Report Abuse

Well at least I have evidence to support me rather than someone attacking me for telling lies...

Posted by pingdan > 2016-01-11 19:31 | Report Abuse

Opps it is happen before result come out. U will nvr know he collect after the result come out on 26 Nov 2015

Posted by pingdan > 2016-01-11 19:36 | Report Abuse

One more thing, if you check on the annoucement, 3.17million shares have been transferred to other people. Who he transferred? His grandson? His granddaughter? His relative? While 2.02million have been sold in the market.

Maybe he holding from his grandson, granddaugher, relative account. U will nvr know.

Posted by RosmahMansur > 2016-01-11 21:00 | Report Abuse

Anyway I am still holding my shares of RM 3.50 - 4.50 and topped up more at RM 7.09

Posted by enning22 > 2016-01-11 21:59 | Report Abuse

Koon ceases to be Latitude's substantial shareholder
By Tan Siew Mung / theedgemarkets.com | January 11, 2016 : 9:37 PM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
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KUALA LUMPUR (Jan 11): Investor Koon Yew Yin has ceased to be Latitude Tree Holdings Bhd's substantial shareholder, after disposing of 321,600 shares in the integrated household furniture manufacturer on Nov 24 last year.

According to the company's Bursa Malaysia filings today, Koon had, between Nov 11 and Nov 23, acquired, transferred and disposed of a multitude of Latitude's shares.

The period saw a net disposal of 1.44 million shares and that following the shareholding changes, left Koon with 5.08 million shares or a 5.23% stake of the company prior to his cessation as a substantial shareholder.

Koon started to acquire Latitude shares since Oct 2, 2014 and emerged as a major shareholder with a 5.01% stake.

Latitude was the third top gainer across the bourse today, after rising 5.97% or 45 sen to RM7.99, though it only saw a slim volume of some 362,700 shares being traded. The current price gives it a market capitalisation of RM732.9 million.

Posted by Koon Bee > 2016-01-11 22:10 | Report Abuse

Disposed on 24/11/15...now only announce?

Posted by lux88 > 2016-01-11 22:28 | Report Abuse

Insider pushed up price today,knowing bad annoucement (KYY selling).

Posted by SC > 2016-01-12 08:29 | Report Abuse

KYY in trouble. anyone here can just report to Bursa as KYY deliberately delayed the announcement by over 1 month. under Bursa listing requirement, he has to notify any transactions within 7 days.

Posted by dalpinia > 2016-01-12 08:45 | Report Abuse

KYY sold out is good news....as the major shareholder of top management don't like outsider like KYY disturbing their decision on any company directions.....not all the rich PPL like KYY...as they felt challenged and angry with him to "instruct" the top management to do any decision....with KYY leaving, the top management might starting to increase the share price, perhaps they like to reward to smaller shareholders like us as we keep their share longer.....now they might consider for "Good News" to reward us, in fact bringing up the whole company value!!!

Posted by cklim13 > 2016-01-12 08:54 | Report Abuse

it may end up like VT selling Magni shares. The more VT selling Magni shares the more Magni share price goes up

Posted by jeff10000 > 2016-01-12 08:54 | Report Abuse

Wishful thinking - dream on

Posted by Sephy > 2016-01-12 09:05 | Report Abuse

Haha I bet that the management will purposely do splits or what not to piss KYY off hahaha.

Posted by dalpinia > 2016-01-12 09:14 | Report Abuse

Yes....exactly like Magni case....so this counter sure will shoot up 100% within 1-2 years time....just hold longer, we are long term investors.....

Posted by dalpinia > 2016-01-12 09:14 | Report Abuse

At least for the great counter like Latitude, it is worth to hold long long term....

Posted by jeff10000 > 2016-01-12 09:26 | Report Abuse

More wishful thinking, haha. Any why not? We live on dreams!!!

Posted by pputeh > 2016-01-12 09:40 | Report Abuse

SC just for my info. Is there a rule in Bursa that have to inform within 7 days when any transaction is made. So now how about this KYY case only inform now when all done on 24/11/15??