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

Posted by leslieroycarter > 2016-03-24 09:53 | Report Abuse

more likely the selling will stop; coz the vol is too small to make an impact ; if they want to buy cheap , they can start throwing cheap again to encourage more sellers who r all willing to cut loss?

ExCFO

278 posts

Posted by ExCFO > 2016-03-25 10:40 | Report Abuse

It is affected by the strengthening of Rg$. Profit might drop 20% this year compared to last year if exchange drop to $3.80 within the near term. Even taken that into accounts the value of the share still should be around $7.87 assuming a PE of 12.

Posted by leslieroycarter > 2016-03-29 11:00 | Report Abuse

looking for long term....shall yield good results!

ExCFO

278 posts

Posted by ExCFO > 2016-03-29 16:48 | Report Abuse

Hopefully in the medium term and not the long term

skyz

1,650 posts

Posted by skyz > 2016-03-30 10:17 | Report Abuse

KYY laughing big time to the bank. go go buy up all his balance portion (probably he has unloaded in the range of RM7-8) when posting articles non-stop of his "noble intentions"

calvintaneng

56,632 posts

Posted by calvintaneng > 2016-03-30 10:19 | Report Abuse

Attention Please!

If Ringgit strengthens to US1 to RM3.80

LATITUDE WILL BREAK THE RM5.00 CRUCIAL SUPPORT

HEAR YE! HEAR YE!

jeff10000

136 posts

Posted by jeff10000 > 2016-04-01 10:15 | Report Abuse

At some point, a strong Ringgit is not necessarily bad for Latitude. Investors can take advantage to park their assets in ringgit assets if its currency continues to strengthen.

Jeff Lee

327 posts

Posted by Jeff Lee > 2016-04-06 10:54 | Report Abuse

this stock need to pay more dividend and bonus

Posted by shazali6609 > 2016-04-06 11:17 | Report Abuse

current price stable already...

Posted by leslieroycarter > 2016-04-07 15:09 | Report Abuse

with automation n less labor intensive , furniture shal prevail for a long time to go...if u see no future , then the good ones may come any moment.

ExCFO

278 posts

Posted by ExCFO > 2016-04-07 15:34 | Report Abuse

3Q result should be reasonably good given the exchange rate.

ExCFO

278 posts

Posted by ExCFO > 2016-04-07 15:38 | Report Abuse

I am disappointed that Latitud didn't try to takeover Evergreen by offering a share swap given that both share prices has dropped substantially. It would definitely get rid of a competitor and enhance its operation.

Jeff Lee

327 posts

Posted by Jeff Lee > 2016-04-07 16:42 | Report Abuse

bonus might be coming

GODinvest

377 posts

Posted by GODinvest > 2016-04-07 16:55 | Report Abuse

Why up? Because I buy?

SALAM

1,072 posts

Posted by SALAM > 2016-04-07 16:56 | Report Abuse

They are only partially affected bcos 2 factories are in Vietnam

greatful

1,644 posts

Posted by greatful > 2016-04-07 19:56 | Report Abuse

what happen to factory in vietnam?

Posted by Lukesharewalker > 2016-04-08 11:37 | Report Abuse

Huge adjustments due to unrealized profits coming....

jeff10000

136 posts

Posted by jeff10000 > 2016-04-11 10:06 | Report Abuse

Hmm, strong opening. Insiders buying ah??? Result for last qtr ending Mar 31st gotta to be good. Any body care to comment.

lbkeat

132 posts

Posted by lbkeat > 2016-04-11 10:13 | Report Abuse

hmm, maybe ntpboon will come out with a poem later

member41

3,718 posts

Posted by member41 > 2016-04-11 10:27 | Report Abuse

Gg back $6

Jeff Lee

327 posts

Posted by Jeff Lee > 2016-04-11 11:12 | Report Abuse

bonus issue coming!

Posted by leslieroycarter > 2016-04-11 11:56 | Report Abuse

the truth will prevail.....

Posted by leslieroycarter > 2016-04-11 12:06 | Report Abuse

exceedingly undervalued counter...eps more than 90c per share but sadly not reflected in its stock price due to bad media n no div pay out.

Posted by dexmedetomidine > 2016-04-11 20:06 | Report Abuse

Looks like insider slowly collecting this stock. Surviving T3 n T4. Wash out contra players. If it breaks 5.89 strong resistant, it ll fly to next tp 6.35

Posted by dexmedetomidine > 2016-04-11 20:07 | Report Abuse

Very undervalue stock with intrinsic value about Rm16

Posted by leslieroycarter > 2016-04-13 09:11 | Report Abuse

forget what the doomsayers r talking just concentrate on what u believe in...

Jeff Lee

327 posts

Posted by Jeff Lee > 2016-04-15 11:55 | Report Abuse

hopeless stock

Posted by dexmedetomidine > 2016-04-15 19:17 | Report Abuse

This is future stock. Very low D/E ratio. Have a trust and patience on it. It will rally again. Low shares volume compare to its price. Very valuable.

Posted by Daniel Yap > 2016-04-15 23:21 | Report Abuse

Agreed with your point dexmederomidine. Net cash company, earning 92c per share, trading at 5-6 pe. ROE 20++. :)

lbkeat

132 posts

Posted by lbkeat > 2016-04-15 23:50 | Report Abuse

when i bought latitud since august 2013 the company just transforming from net debt 2 net cash company. within 2 and half years latitud manage 2 accumulate more than 110million net cash or net cash 120sen per share. maybe somebody will blame the com by giving peanut dividend but if you look at the company merger and acquacition activities within these 2 years(two major), u will know the com is a growth stock why bother dividend. i just concern eps from 25sen 2 93sen, roe from below 10% 2 around 20%(the company can use their cash reserve expand their business without borrowing from bank). let us see 2 years later how far latitud can go, this is the only malaysia furniture stock running thier business in malaysia, vietnam and thailand.

Posted by dexmedetomidine > 2016-04-16 15:08 | Report Abuse

If it goes up, it will go up like a rocket. Keep an eye guys

Posted by leslieroycarter > 2016-04-22 12:02 | Report Abuse

good eps @92c and pe 6 , but the stock price is only half from its actual value, v undervalued coz not paying any div . if given time , i think it can reflect its actual value when confidence returns...

Posted by leslieroycarter > 2016-04-22 15:46 | Report Abuse

Tuesday, 23 Feb 2016
profit increased 23.8%!
6:52PM LATITUD TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
5:23PM LATITUD 1H net profit 54.839 million (increased 23.80%)

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-05-11 10:54 | Report Abuse

USA House, Furniture & Employment Reports & Charts

http://klse.i3investor.com/blogs/moneymoney/96282.jsp

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-05-17 22:49 | Report Abuse

The housing market has remained one of the brightest spots in the U.S. economy, which may help explain why consumers continue to invest in their homes.

"Transactions for both new and existing homes are up on last year and activity remains fairly strong. This helpful tailwind is boosting demand for home improvement," said Håkon Helgesen, retail analyst at research firm Conlumino in a report.

Although Home Depot doesn't normally raise its full-year outlook this early on the year, the company feels confident that the business will remain strong for the rest of 2016.

http://money.cnn.com/2016/05/17/investing/home-depot-earnings/index.html?iid=SF_LN

ImMillionaire

3,220 posts

Posted by ImMillionaire > 2016-05-19 13:53 | Report Abuse

When low, no one buy, when high, all chase.

Posted by Sebastian Sted Power > 2016-05-24 19:29 | Report Abuse

see you below 5

Ckk2266

1,210 posts

Posted by Ckk2266 > 2016-05-24 19:31 | Report Abuse

Tomorrow free fall...sigh!

Posted by shareinvestment7 > 2016-05-24 19:39 | Report Abuse

QR out. Profit dropped 57%. EPS down to 8.54. Although i have shifted to Liihen but Latitude Tree is in my watch list all the time because i earned money and dividend from Latitude 5 months ago. Tomorrow Latitude might gap down.

khuen

231 posts

Posted by khuen > 2016-05-24 19:53 | Report Abuse

Excellent quarterly result if excluded forex gain/loss, achieved RM 21.0mil compared RM 16.6mil qoq. Too bad less people will notice it.

Posted by shareinvestment7 > 2016-05-24 20:23 | Report Abuse

KYY is no longer the major shareholder, so tomorrow Latitude may not free fall as bad as focus lumber.

cpng

1,575 posts

Posted by cpng > 2016-05-24 20:49 | Report Abuse

老koon的股化整为零,相信是打散在各个不同人的户口。
因为他的持股超过1万张,以Latitude 每天不到100lots成交量,他不能出清股票的。
他手中应该还有的,你们要小心了。

Posted by davidpau98 > 2016-05-24 20:53 | Report Abuse

90% of this company market is in US. even malaysia gone bankrupt, this company still can make money as long as US economic is good, and we know US market are recovering well.

cpng

1,575 posts

Posted by cpng > 2016-05-24 20:56 | Report Abuse

老 Koon 的股,业绩都不好,很多公司大股东不配合,要做死他。

大家要小心了。

KLCI King

3,220 posts

Posted by KLCI King > 2016-05-24 21:17 | Report Abuse

Very bad result, reasons of decrease were not convincing at all.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-05-24 21:32 | Report Abuse

REMEMBER KOON GOLDEN RULE:

I WILL SELL AGGRESSIVELY IF THE COMPANY GIVE TWO QUARTER POOR RESULT CONTINUOUSLY

GOOD BLESS LATITIUDE HOLDER

SEE YOU RM4.5X

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-05-24 21:38 | Report Abuse

NTA: RM4.82

Posted by shareinvestor88 > 2016-05-24 22:04 | Report Abuse

Profit good without forex losses. If USD continues to strengthen the forex losses will reversed and profit margin increase for 2nd quarter 2016

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