LATITUD - cheapest furniture share that benefit from the appreciation of USD (PE:8.26 only) Author: pingdan | Publish date: Thu, 22 Oct 2015, 01:13 PM
In respond to the above and if you do not like my view-point, just ignore me and treat me as a psycho who talks to himself while walking along Penang Road under the scorching sun. As a coward, I dare not pen my words in the blog scaring that Latitude chauvinists might begin to stone me. And as a beggar here, please do not spit at me because your saliva is enough to drown me.
FA : When talking about PE and NTA, investors would, almost spontaneously, draw out their calculators from the drawers and start poking the buttons …. I believe (but not in toto) in FA but not PE and NTA. “Oh, all my stocks are having ratios of less than 11 and I am going to keep the shares for very long term” …But, during the Dec 2014 and the recent Aug 2015 market crashes or major corrections, they were the ones who dumped and fled at Olympic speed.
As for NTA, do not forget that accounting books are prepared under the historical cost convention. Of course there may be some variations thereto, for example a revaluation of certain properties. But, to me, NTA is just for reference only when the company’s financial status is in hardship. For Genting Bhd, would an investor be really concern about her NTA. Would there be another Genting even if any other entrepreneurs have that sum of NTA to venture to?
TA: Do I embrace TA then? Yes, but only for about 75-trading day. The Super Bull Run of 1993 and the Second Board Euphoria of 1995 only lasted for a short period of time.
Knowing that our bourses is fund-driven, I do believe in the situation of ‘overbought’ where margin financing is available quite at ease and T+>3 day trade settlements by some stock-brokers could easily be arranged. But I do not believe in ‘oversold’
Ckwan11d: haha i dun tink nta is very important. Typical example is Digi. See what is the NTA of digi. 8sen and share price rm5.63. Why bother on NTA? Nvmla, let see latitude price after nov2014 when quarter result out then only commend on it. No offence ya. Cheers
Everyone got their own investment view so no right no wrong on it. Just dont "know abit abit then act like know alot". Typical example is JTYEO who didnt do much research and open a thread and shoot me. Now he know his wrong but silently hide behind
But their cash is more than their 3 quarter total revenue already. Keep for wht. I dun understand. If cash position is for 1 quarter work capital i can understand haha
Haha their mainshareholder only have 30percent of the share. If u got money go collect at open market and u become the owner of the company. Then u become the ceo and director of the company and declare fat dividend to shareholder haha
Plus, many of their properties haven't been revalued yet (historical book-value). The real worth is beyond anyone's imagination. - perhaps, another example of NTA doesn't really reflect a company current status.
I am not an accountant. Figures and charts are not my natural inclination. I can't even solve a simple sudoku puzzle. What would be the impact of inflation on a company's prospect is my (another) area of mind-boggling.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BearbearDrop
528 posts
Posted by BearbearDrop > 2015-10-23 13:36 | Report Abuse
Bonus and split coming