Highlights
KLSE: LATITUD (7006)       LATITUDE TREE HOLDINGS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
2.97   +0.05 (1.71%)  2.97 - 2.98  2,000
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Financials


Market Cap: 289 Million

Market Cap 289 Million
NOSH 97 Million

Latest Audited Result:  30-Jun-2019

Latest Audited Result: 30-Jun-2019
Announcement Date 25-Oct-2019
Next Audited Result: 30-Jun-2020
Est. Ann. Date: 25-Oct-2020
Est. Ann. Due Date: 27-Dec-2020

Latest Quarter:  30-Sep-2019 [#1]

Latest Quarter: 30-Sep-2019 [#1]
Announcement Date 25-Nov-2019
Next Quarter: 31-Dec-2019
Est. Ann. Date: 27-Feb-2020
Est. Ann. Due Date: 29-Feb-2020
QoQ | YoY   175.85%  |    -49.97%

Annual (Unaudited) ( EPS: 19.82, P/E: 14.98 )

Revenue | NP to SH 729,568  |  19,268
RPS | P/RPS 750.53 Cent  |  0.40
EPS | P/E | EY 19.82 Cent  |  14.98  |  6.67%
DPS | DY | Payout % 5.98 Cent  |  2.01%  |  30.19%
NAPS | P/NAPS 5.80  |  0.51
YoY   58.70%
NP Margin | ROE 2.64%  |  3.42%
F.Y. | Ann. Date 30-Jun-2019  |  30-Aug-2019

T4Q Result ( EPS: 13.07, P/E: 22.72 )

Revenue | NP to SH 710,076  |  12,708
RPS | P/RPS 730.47 Cent  |  0.41
EPS | P/E | EY 13.07 Cent  |  22.72  |  4.40%
DPS | DY | Payout % 5.98 Cent  |  2.01%  |  45.77%
NAPS | P/NAPS 5.93  |  0.50
QoQ | YoY   -34.05%  |    28.88%
NP Margin | ROE 1.79%  |  2.20%
F.Y. | Ann. Date 30-Sep-2019  |  25-Nov-2019

Annualized Result ( EPS: 27.03, P/E: 10.99 )

Revenue | NP to SH 778,808  |  26,276
RPS | P/RPS 801.18 Cent  |  0.37
EPS | P/E | EY 27.03 Cent  |  10.99  |  9.10%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   36.37%  |    -49.97%
NP Margin | ROE 3.37%  |  4.56%
F.Y. | Ann. Date 30-Sep-2019  |  25-Nov-2019


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
30-Jun-2020 25-Nov-2019 30-Sep-2019 1 194,702 7,904 6,569 6,569 - 576,374 - % 3.37% 1.14% 96,545 201.67 200.30 6.80 6.76 0.00 0.00 5.9700 5.93   175.85%   -49.97% 30-Sep-2019 3.15 1.56 46.30 0.53 2.16% 0.00% 25-Nov-2019 2.96 1.47 43.50 0.50 2.30% 0.00%
30-Jun-2019 30-Aug-2019 30-Jun-2019 4 158,855 -2,347 -8,661 -8,661 2,908 564,191 - % -5.45% -1.54% 96,940 163.87 163.42 -8.93 -8.91 3.00 2.99 5.8200 5.80   -319.22%   35.12% 28-Jun-2019 3.72 2.27 -41.64 0.64 -2.40% 0.81% 30-Aug-2019 3.40 2.07 -38.06 0.58 -2.63% 0.88%
30-Jun-2019 28-May-2019 31-Mar-2019 3 152,035 -1,722 -2,066 -2,066 - 571,948 - % -1.36% -0.36% 96,940 156.83 156.40 -2.13 -2.13 0.00 0.00 5.9000 5.88   -112.25%   -186.12% 29-Mar-2019 3.99 2.54 -187.22 0.68 -0.53% 0.00% 28-May-2019 3.89 2.48 -182.53 0.66 -0.55% 0.00%
30-Jun-2019 27-Feb-2019 31-Dec-2018 2 204,484 21,005 16,866 16,866 2,908 576,799 17.24% 8.25% 2.92% 96,941 210.94 210.36 17.40 17.35 3.00 2.99 5.9500 5.93   28.46%   119.55% 31-Dec-2018 3.88 1.84 22.30 0.65 4.48% 0.77% 27-Feb-2019 3.87 1.83 22.24 0.65 4.50% 0.78%
30-Jun-2019 27-Nov-2018 30-Sep-2018 1 214,194 15,093 13,129 13,129 - 566,147 - % 6.13% 2.32% 96,943 220.95 220.35 13.54 13.51 0.00 0.00 5.8400 5.82   198.34%   -14.80% 28-Sep-2018 3.47 1.57 25.62 0.59 3.90% 0.00% 27-Nov-2018 3.87 1.75 28.58 0.66 3.50% 0.00%
30-Jun-2018 28-Aug-2018 30-Jun-2018 4 174,715 -8,720 -13,350 -13,350 5,832 545,334 - % -7.64% -2.45% 97,207 179.73 179.73 -13.37 -13.37 6.00 6.00 5.6100 5.61   -656.48%   -399.33% 29-Jun-2018 3.44 1.91 -25.05 0.61 -3.99% 1.74% 28-Aug-2018 3.65 2.03 -26.58 0.65 -3.76% 1.64%
30-Jun-2018 21-May-2018 31-Mar-2018 3 164,497 357 2,399 2,399 - 550,194 - % 1.46% 0.44% 97,207 169.22 169.22 2.47 2.47 0.00 0.00 5.6600 5.66   -68.77%   -79.17% 30-Mar-2018 3.55 2.10 143.85 0.63 0.70% 0.00% 21-May-2018 3.61 2.13 146.28 0.64 0.68% 0.00%
30-Jun-2018 26-Feb-2018 31-Dec-2017 2 196,839 9,450 7,682 7,682 - 570,608 - % 3.90% 1.35% 97,207 202.49 202.49 7.90 7.90 0.00 0.00 5.8700 5.87   -50.15%   -75.99% 29-Dec-2017 4.37 2.16 55.30 0.74 1.81% 0.00% 26-Feb-2018 4.05 2.00 51.25 0.69 1.95% 0.00%
30-Jun-2018 28-Nov-2017 30-Sep-2017 1 216,778 17,574 15,410 15,410 - 571,580 - % 7.11% 2.70% 97,207 223.01 223.01 15.85 15.85 0.00 0.00 5.8800 5.88   245.52%   -26.94% 29-Sep-2017 4.66 2.09 29.40 0.79 3.40% 0.00% 28-Nov-2017 4.36 1.96 27.50 0.74 3.64% 0.00%
30-Jun-2017 29-Aug-2017 30-Jun-2017 4 183,997 14,566 4,460 4,460 - 553,110 - % 2.42% 0.81% 97,207 189.28 189.28 4.59 4.59 0.00 0.00 5.6900 5.69   -61.27%   -54.52% 30-Jun-2017 5.20 2.75 113.34 0.91 0.88% 0.00% 29-Aug-2017 5.20 2.75 113.34 0.91 0.88% 0.00%
30-Jun-2017 30-May-2017 31-Mar-2017 3 187,269 14,646 11,515 11,515 - 564,775 - % 6.15% 2.04% 97,207 192.65 192.65 11.85 11.85 0.00 0.00 5.8100 5.81   -64.01%   38.70% 31-Mar-2017 5.46 2.83 46.09 0.94 2.17% 0.00% 30-May-2017 5.25 2.73 44.32 0.90 2.26% 0.00%
30-Jun-2017 21-Feb-2017 31-Dec-2016 2 209,365 35,075 31,997 31,997 - 568,663 - % 15.28% 5.63% 97,207 215.38 215.38 32.92 32.92 0.00 0.00 5.8500 5.85   51.69%   20.87% 30-Dec-2016 4.90 2.28 14.89 0.84 6.72% 0.00% 21-Feb-2017 5.67 2.63 17.23 0.97 5.81% 0.00%
30-Jun-2017 29-Nov-2016 30-Sep-2016 1 205,403 24,060 21,093 21,093 - 514,227 - % 10.27% 4.10% 97,207 211.30 211.30 21.70 21.70 0.00 0.00 5.2900 5.29   115.08%   -25.05% 30-Sep-2016 4.69 2.22 21.61 0.89 4.63% 0.00% 29-Nov-2016 4.88 2.31 22.49 0.92 4.45% 0.00%
30-Jun-2016 29-Aug-2016 30-Jun-2016 4 175,558 19,205 9,807 9,807 - 485,065 - % 5.59% 2.02% 97,207 180.60 180.60 10.09 10.09 0.00 0.00 4.9900 4.99   18.13%   -31.20% 30-Jun-2016 5.28 2.92 52.34 1.06 1.91% 0.00% 29-Aug-2016 5.10 2.82 50.55 1.02 1.98% 0.00%
30-Jun-2016 24-May-2016 31-Mar-2016 3 165,699 11,481 8,278 8,302 - 468,540 - % 5.00% 1.77% 97,207 170.46 170.46 8.54 8.54 0.00 0.00 4.8200 4.82   -68.64%   -57.45% 31-Mar-2016 5.39 3.16 63.11 1.12 1.58% 0.00% 24-May-2016 5.73 3.36 67.09 1.19 1.49% 0.00%
30-Jun-2016 23-Feb-2016 31-Dec-2015 2 211,366 30,192 26,575 26,472 - 495,758 - % 12.57% 5.34% 97,207 217.44 217.44 27.23 27.23 0.00 0.00 5.1000 5.10   -5.94%   -3.38% 31-Dec-2015 7.39 3.40 27.14 1.45 3.69% 0.00% 23-Feb-2016 6.83 3.14 25.08 1.34 3.99% 0.00%
30-Jun-2016 26-Nov-2015 30-Sep-2015 1 217,973 31,335 28,264 28,144 - 479,232 - % 12.97% 5.87% 97,207 224.23 224.23 28.95 28.95 0.00 0.00 4.9300 4.93   97.45%   69.05% 30-Sep-2015 6.95 3.10 24.00 1.41 4.17% 0.00% 26-Nov-2015 7.32 3.26 25.28 1.48 3.96% 0.00%
30-Jun-2015 27-Aug-2015 30-Jun-2015 4 179,549 19,245 14,275 14,254 - 408,271 - % 7.95% 3.49% 97,207 184.71 184.71 14.66 14.66 0.00 0.00 4.2000 4.20   -26.95%   64.20% 30-Jun-2015 5.85 3.17 39.90 1.39 2.51% 0.00% 27-Aug-2015 7.45 4.03 50.81 1.77 1.97% 0.00%
30-Jun-2015 28-May-2015 31-Mar-2015 3 165,630 21,272 19,681 19,512 - 389,802 - % 11.88% 5.01% 97,207 170.39 170.39 20.07 20.07 0.00 0.00 4.0100 4.01   -28.78%   53.01% 31-Mar-2015 6.34 3.72 31.59 1.58 3.17% 0.00% 28-May-2015 6.43 3.77 32.03 1.60 3.12% 0.00%
30-Jun-2015 12-Feb-2015 31-Dec-2014 2 189,077 29,450 27,503 27,398 - 366,472 - % 14.55% 7.48% 97,207 194.51 194.51 28.19 28.19 0.00 0.00 3.7700 3.77   64.57%   44.42% 31-Dec-2014 3.65 1.88 12.95 0.97 7.72% 0.00% 12-Feb-2015 5.01 2.58 17.78 1.33 5.63% 0.00%
30-Jun-2015 27-Nov-2014 30-Sep-2014 1 175,744 18,486 16,794 16,648 - 327,589 - % 9.56% 5.08% 97,207 180.79 180.79 17.13 17.13 0.00 0.00 3.3700 3.37   91.78%   14.00% 30-Sep-2014 3.80 2.10 22.19 1.13 4.51% 0.00% 27-Nov-2014 3.66 2.02 21.37 1.09 4.68% 0.00%
30-Jun-2014 28-Aug-2014 30-Jun-2014 4 142,759 10,283 8,631 8,681 - 308,147 - % 6.05% 2.82% 97,207 146.86 146.86 8.93 8.93 0.00 0.00 3.1700 3.17   -31.92%   45.92% 30-Jun-2014 2.89 1.97 32.36 0.91 3.09% 0.00% 28-Aug-2014 3.60 2.45 40.31 1.14 2.48% 0.00%
30-Jun-2014 29-May-2014 31-Mar-2014 3 146,773 14,809 13,573 12,752 - 296,482 - % 9.25% 4.30% 97,207 150.99 150.99 13.12 13.12 0.00 0.00 3.0500 3.05   -32.78%   196.28% 31-Mar-2014 2.71 1.79 20.66 0.89 4.84% 0.00% 29-May-2014 3.12 2.07 23.78 1.02 4.20% 0.00%
30-Jun-2014 27-Feb-2014 31-Dec-2013 2 184,425 26,029 23,634 18,971 - 270,236 - % 12.81% 7.02% 97,207 189.72 189.72 19.52 19.52 0.00 0.00 2.7800 2.78   29.90%   272.35% 31-Dec-2013 2.08 1.10 10.66 0.75 9.38% 0.00% 27-Feb-2014 2.54 1.34 13.01 0.91 7.68% 0.00%
30-Jun-2014 02-Dec-2013 30-Sep-2013 1 177,068 20,746 18,495 14,604 - 249,823 - % 10.45% 5.85% 97,207 182.15 182.15 15.02 15.02 0.00 0.00 2.5700 2.57   145.49%   61.94% 30-Sep-2013 1.10 0.60 7.32 0.43 13.66% 0.00% 02-Dec-2013 1.60 0.88 10.65 0.62 9.39% 0.00%
30-Jun-2013 29-Aug-2013 30-Jun-2013 4 124,417 9,352 8,230 5,949 - 232,325 - % 6.61% 2.56% 97,207 127.99 127.99 6.12 6.12 0.00 0.00 2.3900 2.39   38.22%   -11.98% 28-Jun-2013 0.95 0.74 15.52 0.40 6.44% 0.00% 29-Aug-2013 0.98 0.77 16.01 0.41 6.24% 0.00%
30-Jun-2013 23-May-2013 31-Mar-2013 3 107,218 5,822 5,769 4,304 - 222,605 - % 5.38% 1.93% 97,207 110.30 110.30 4.43 4.43 0.00 0.00 2.2900 2.29   -15.53%   530.40% 29-Mar-2013 0.85 0.77 19.20 0.37 5.21% 0.00% 23-May-2013 0.86 0.78 19.42 0.38 5.15% 0.00%
30-Jun-2013 28-Feb-2013 31-Dec-2012 2 122,358 8,251 6,676 5,095 - 219,688 - % 5.46% 2.32% 97,207 125.87 125.87 5.24 5.24 0.00 0.00 2.2600 2.26   -43.50%   35.15% 31-Dec-2012 0.70 0.56 13.36 0.31 7.49% 0.00% 28-Feb-2013 0.76 0.60 14.50 0.34 6.90% 0.00%
30-Jun-2013 27-Nov-2012 30-Sep-2012 1 139,694 12,233 11,371 9,018 - 214,828 - % 8.14% 4.20% 97,207 143.71 143.71 9.28 9.28 0.00 0.00 2.2100 2.21   33.42%   2,799.68% 28-Sep-2012 0.60 0.42 6.47 0.27 15.46% 0.00% 27-Nov-2012 0.62 0.43 6.68 0.28 14.96% 0.00%
30-Jun-2012 29-Aug-2012 30-Jun-2012 4 143,172 9,817 9,083 6,759 - 209,968 - % 6.34% 3.22% 97,207 147.28 147.28 6.95 6.95 0.00 0.00 2.1600 2.16   775.90%   351.20% 29-Jun-2012 0.58 0.39 8.34 0.27 11.99% 0.00% 29-Aug-2012 0.60 0.41 8.63 0.28 11.59% 0.00%
30-Jun-2012 30-May-2012 31-Mar-2012 3 109,624 -946 -1,111 -1,000 - 200,247 - % -1.01% -0.50% 97,207 112.77 112.77 -1.03 -1.03 0.00 0.00 2.0600 2.06   -126.53%   -44.30% 30-Mar-2012 0.64 0.57 -62.21 0.31 -1.61% 0.00% 30-May-2012 0.58 0.51 -56.38 0.28 -1.77% 0.00%
30-Jun-2012 24-Feb-2012 31-Dec-2011 2 136,622 5,950 5,342 3,770 - 204,135 - % 3.91% 1.85% 97,207 140.55 140.55 3.88 3.88 0.00 0.00 2.1000 2.10   1,112.22%   -24.78% 30-Dec-2011 0.61 0.43 15.73 0.29 6.36% 0.00% 24-Feb-2012 0.63 0.45 16.24 0.30 6.16% 0.00%
30-Jun-2012 29-Nov-2011 30-Sep-2011 1 128,445 1,829 1,439 311 - 201,178 - % 1.12% 0.15% 97,187 132.16 132.13 0.32 0.32 0.00 0.00 2.0700 2.07   -79.24%   -95.40% 30-Sep-2011 0.69 0.52 215.63 0.33 0.46% 0.00% 29-Nov-2011 0.65 0.49 203.13 0.31 0.49% 0.00%
30-Jun-2011 26-Aug-2011 30-Jun-2011 4 111,218 2,770 2,689 1,498 - 145,128 - % 2.42% 1.03% 72,564 153.27 114.41 1.54 1.54 0.00 0.00 2.0000 1.49   316.16%   -44.29% 30-Jun-2011 0.83 0.54 40.21 0.42 2.49% 0.00% 26-Aug-2011 0.73 0.48 35.36 0.37 2.83% 0.00%
30-Jun-2011 01-Jun-2011 31-Mar-2011 3 98,540 809 498 -693 - 184,337 - % 0.51% -0.38% 64,766 152.15 101.37 -1.07 -0.71 0.00 0.00 2.8462 1.90   -113.83%   -128.05% 31-Mar-2011 1.15 0.76 -107.48 0.40 -0.93% 0.00% 01-Jun-2011 1.06 0.70 -99.07 0.37 -1.01% 0.00%
30-Jun-2011 23-Feb-2011 31-Dec-2010 2 143,736 8,144 7,491 5,012 - 193,821 - % 5.21% 2.59% 64,838 221.68 147.87 7.73 5.16 0.00 0.00 2.9893 1.99   -25.88%   -56.12% 30-Dec-2010 1.12 0.51 14.49 0.37 6.90% 0.00% 23-Feb-2011 1.15 0.52 14.88 0.38 6.72% 0.00%
30-Jun-2011 24-Nov-2010 30-Sep-2010 1 147,170 10,025 9,064 6,762 - 191,054 - % 6.16% 3.54% 64,832 227.00 151.40 10.43 6.96 0.00 0.00 2.9469 1.97   151.47%   -39.34% 30-Sep-2010 1.07 0.47 10.26 0.36 9.75% 0.00% 24-Nov-2010 1.09 0.48 10.45 0.37 9.57% 0.00%
30-Jun-2010 26-Aug-2010 30-Jun-2010 4 129,856 5,892 4,410 2,689 - 129,704 - % 3.40% 2.07% 64,852 200.23 133.59 4.15 2.77 0.00 0.00 2.0000 1.33   8.82%   -58.38% 30-Jun-2010 1.09 0.54 26.29 0.55 3.80% 0.00% 26-Aug-2010 1.12 0.56 27.01 0.56 3.70% 0.00%
30-Jun-2010 26-May-2010 31-Mar-2010 3 114,979 4,434 3,754 2,471 - 188,412 - % 3.26% 1.31% 64,855 177.28 118.28 3.81 2.54 0.00 0.00 2.9051 1.94   -78.37%   -15.12% 31-Mar-2010 1.55 0.87 40.68 0.53 2.46% 0.00% 26-May-2010 1.20 0.68 31.50 0.41 3.17% 0.00%
30-Jun-2010 24-Feb-2010 31-Dec-2009 2 135,192 15,734 14,951 11,423 1,943 191,560 17.02% 11.06% 5.96% 64,792 208.65 139.08 17.63 11.75 3.00 2.00 2.9565 1.97   2.48%   215.38% 31-Dec-2009 1.12 0.54 6.35 0.38 15.74% 2.68% 24-Feb-2010 1.45 0.69 8.22 0.49 12.16% 2.07%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  9 people like this.
 
shareinvestor88 Sell AND run
28/08/2018 6:49 PM
apolloang worst is over from profit turn to loss? tipu punya director,tomoro very red....hehe
28/08/2018 6:53 PM
lkoky walao!!! no eye c
28/08/2018 7:08 PM
Data5000 I think limited down
28/08/2018 9:06 PM
WarrenBuffalo Not necessary, this company big loss due to Fire Incident this quarter. Causing Inventory and plant write off rm13.9 Million, which is one off expenses and might able to get claim from insurance in coming quarters.
29/08/2018 12:18 AM
kakashit When got fire? not announced one?
29/08/2018 8:16 AM
deepsea Warren B,
you are good reader, able to analyse properly...…..unlike others who failed to read properly...…hmmm due to poor understanding of English???

Waiting to collect from today onward, hopefully there are many stupid sellers who failed read properly.......
29/08/2018 9:14 AM
Data5000 Semua orang bodoh baru u pandai
29/08/2018 10:05 AM
cherry88 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5796985
29/08/2018 10:41 AM
deepsea real stupid to think limit down
29/08/2018 12:25 PM
jibbie drop not too bad
29/08/2018 1:21 PM
deepsea too many buyers were buying/collecting ...........the company manages to buy back few lots only.
Ha ha ha ..........anyway, few kiasi/stupig fools sold at below 3.20........thank you for selling below 3.20....he hee hee
29/08/2018 5:54 PM
Icon8888 Buying new land in Vietnam to expand factory
14/09/2018 8:59 PM
Jasper Coo Lets make it happen, keep on buying ! Slowly but surely yeah
18/09/2018 11:54 AM
yfchong Ada 6 cts
10/10/2018 9:14 PM
yfchong In bed room panel..
03/11/2018 2:34 PM
qmtronic Good for punters
16/11/2018 12:02 PM
yfchong Samarang units..... who r they.... keep on buying mesti ada kang tau
18/11/2018 11:16 AM
deepsea Good results compared to previous qtr (Q4/2018) Revenue increased by 23% and GP increased by 54% to RM24.6mil.
28/11/2018 11:07 AM
yfchong OK boh.... Can meet pe 15...?
13/01/2019 5:20 PM
neverlose how will latitud do in 2019?
18/01/2019 5:43 PM
yfchong Per 10 x eps
20/01/2019 6:46 AM
yfchong New world....
27/01/2019 12:31 PM
yfchong Need samarang
17/02/2019 9:28 AM
member41 Result not bad and quarterly dividend 3sen :)
27/02/2019 5:56 PM
yfchong Tears also drop
27/02/2019 6:42 PM
Ku2016 PE...still very very high
27/02/2019 9:21 PM
yfchong If can maintain eps 50 cts for F19... Good lah
28/02/2019 8:03 AM
commonsense At first glance, investor would think that Latitud Tree has a very rich valuation at almost 20x trailing PE. However, if you look closely at their financials, the PE actually went up substantially due the the very weak quarter of 3Q18 and 4Q18 (FY end in June), where the company only managed to record a profit of RM2.4mil and a loss of RM13.4mil respectively.

FY19 seems to be a lot better given that market demand from US for furniture has increase substantially due to the US govt decision to imposed a 10% tariff on all furniture coming from China in the middle of 2018. Management has actually indicated that they were forced to reject some of the orders from their US customers due to the fact that they are already running at almost full capacity. At the moment, they only accept orders that commands higher profit margins which actually bodes really well for investors.

Given that more than 90% of their sales are for the US market, the strengthening of the USD vs RM would only help increase the margins even further.

Investors should expect a sharp rebound of the company's profit in 3Q19 (expected to be out this month) due to higher demands for higher profit margins products and also a more favorable forex exchange rate during the period (average 3Q19 for USD is 4.09 vs 3Q18 of only 3.92).

Total profit should reach at least RM50mil in FY19. At the current share price the company is being valued at only 7.5x PE. PB is also low at only 0.7x.

The company has a very strong balance sheet with a net cash position of RM123mil as of Dec 2018.

Best Regards.
02/05/2019 5:02 PM
commonsense This company is actually a beneficiary from the escalation of the trade war between US and China. (Actually most furniture companies are beneficiaries. But in particular those with high US concentration sales like Lii Hen and Latitude)

65% of US import of furniture comes from china (amounting to around USD 30bil ) Since mid of last year most US furniture companies has started to diversify their value chain for furniture outside of China of which Vietnam is the main beneficiaries of this. The difference between Latitude and other Malaysia listed companies is that Latitude main plant is actually located in Vietnam. Since end of last year, the company had received substantial increased of orders from their US customers (US market consist of 95% of the group revenue and profit). This has forced the company to only accept high margins order.

refer to article: https://www.thestar.com.my/business/business-news/2019/04/11/trump-trade-war-turns-vietnamese-furniture-maker-into-a-winner/

Now since the tariff imposed by US to Chinese furnitures increased from 10% to 25%, investors should expect that there will be more orders from the US customers.

Anyway, investors should expect Latitude to deliver a substantial jump in profit for the next 2 quarterly result at least.

Regards.
13/05/2019 11:53 AM
RainT LATITUDE kiamsiap in dividend

go invest in LIIHEN better , high and consistent dividend payment
18/05/2019 12:12 PM
yfchong Ai ya...
25/05/2019 6:40 PM
RainT LIIHEN profit can up

this LATITUD profit drop 189%

omg
28/05/2019 5:15 PM
28/05/2019 5:47 PM
yfchong Die liau
28/05/2019 6:52 PM
pang72 King of furniture.....

Liihen!!
28/05/2019 10:24 PM
swordwa2 Administrative expenses increased by 2.7m(49%),from 5.6m to 8.4m. This amount is even greater than total loss in current quarter(2m) but there is no explanation provided in qtr report regarding the hike
31/05/2019 12:19 AM
yfchong Good bye
06/08/2019 12:48 PM
shpg22 Boss want change car to rolls Royce.
04/09/2019 12:46 PM
EatCoconutCanWin result so good, why drop?
04/09/2019 1:10 PM
Haw Liao sell on news
04/09/2019 1:12 PM
RainT Loss making

still say so good result
06/09/2019 4:02 PM
value88 Bought some today bcos it is selling cheap.
The last quarter's loss was actually not that much if the tax rate was not so high.
The 1H of the year is always seasonally weak quarter for Latitude. The coming 2H will perform better. In addition, USD has strengthened in 3QCY19, forex gain will boost the earnings.

At current price level, Latitude is selling at merely 0.49x P/BV for a net cash and low L/E company.
13/09/2019 5:13 PM
positiontrader In spite of Company aggresive share buy back, Latitude Tree is still plunging like mad.
Chart wise, it is very BEARISH.
Any reasons for this plunge?
It appear the really bad news haven't surface yet.
16/09/2019 3:19 PM
remus Most furniture companies, Liihen, Homeritz, Poh Huat last few quarters revenue & profit all on up trend, benefit from trade war and strong USD.
how come Latitude perform so badly ? Isn't it in same industry and shld benefit the same ... ?
20/09/2019 3:44 PM
yfchong Waiting for right moment
05/10/2019 7:26 PM
shareinvestor88 SELL.TP 1
06/10/2019 1:11 PM
lching stingy com will not be supported by investors.
14/10/2019 11:25 AM
shpg22 Downgrade LATITUD to 1.85. Big dive in revenue a sign of worst yet to come. Shift to other furniture stock like LIIHEN or POHUAT
25/11/2019 7:43 PM
LiimInvest Poh huat is coming
25/11/2019 11:25 PM