sell... dont stop keep sell ...before you vomit blood.

Wait for 1.25. Best entry price. :)

Aeric don't ask why. SELL !!!!!!!

SELLLLLLl! DONT waste time. i dont want to share cake with others!

DONT ARGUE ! . DUMP IT JEK. DUN WASTE TIME RIGHT HERE.

sell la.. write so much for what... Sell more write less.

throw now.! what you waiting for.!

KEEP SELL PLEASE :)

surprisingly the LIN HAO YU is acquiring the shares now.

44.6m moved to other investment.

Congratulation to all shareholder of FLBHD who bought on weakness :)

fried banana - like+1

Once dollars strengthen, you keep laughing.

Thanks.

muscle and murali typing skill seems likely to be a same person... foreign exchange fluctuation is part of economic factor... beyond our control. The earning of FLBHD is comparatively consistent as there is no loss making reported in the past since the listing date.

These are the risk involved in relation to foreign exchange.
1. There is no translation gain/loss in foreign operation involved.
2. Foreign gain on loss is on transaction base.
3. Revaluation of receivable is not likely to have significant impact as (receivable collection period is relatively low (30days))
4. (Most important) Devaluation of bank likely will be some impact to performance. (its depends how much cash reverse the company have and denominated foreign currency)

According to XE currency exchange rate as at 30 Sept 2015 4.458 and 31 Dec 2015 and 4.2975 there is a devaluation of 3.6% of its current assets.

FLBHD has 85m net cash. 15.48m (103,200,000 shares x RM0.15 each) distributed as dividend during Q4 in RM . Under normal operation it's required about RM9m. Stress test assuming the balance in USD, there will be about 2mil exchange losses occur.

5. FLBHD is having forward contract with its customer within 1 year since December 2014. Exchange gain in revenue reflect against the earning is so slow and these lead to a derivative loss of 1.4milion (9month) . Luckily there is no more exist and only 900k contract remain in Q3 report.

Targeting to report profits about 6m.

Please note that these is my personal opinion and for sharing, i could be wrong anyway, so please don't believe me in 100%.

Another trap from rumours, seems likely to be the same with Hevea case. Lots kaki kena these round. Cut if you not comfortable. Buy if you feel comfortable.

Any substantial even incurred during the period is required to be disclosed in Bursa, that's the requirement from securities commission (SC). Failing to comply, penalty will be imposed.

I notice there is a substantial amount of share being disposed of share by substantial shareholder of Gentic (KVC). If there is a event lead to loss and something being hidden by the management them not to disclosed while disposing their share in market It's consider as Fraud.

But on my view, I believe that genetic will not be making few million of losses unless the revenue fall dramatically or the cost of production increase drastically or the worst insufficient of provision bad debts or the Genetic derivative loss very substantial or goodwill impairment exist. based on pass result. the margin of profits was considerable consistent at 9%-13%. Foreign exchange doesn't really benefits to Genetic as last Q2 there is a provision 5.8 million of unrealized derivative loss hit to performance and the gain is only 2.8 million. Net loss (3m) on foreign exchange.

Anyway, Just to share my view, Please do your home work see whether to sell or buy.

Yes. KYY is disposing FLBHD. and its going to hit my magic number soon. I like it :)

please stay away if yout are not comfortable. thanks

Whether to buy or sell is your own business. The market sentiment is not that good at the moment and increasing your portfolio with insufficient cash position to buy is not recommended,

manage a good capital ratio to buy at right time will increase your wealth when other is fear full. for those asking to sell because you wish to get it cheaper.

Usd rm goes below 4 ? can anyone of you justify why the rm is strengthen while the oil price hit the 52week lowest crude 27.35 an brent 30.36? Oil industries income gonna be slashed by 70% as least. TPPA contract implies some effect,

As far as what i know. Malaysia Institution - Tabung Haji and EPF is dumping their overseas investment being back rm and strengthen back the RM. 2nd. Dividend declaration by the institution the actual cash is required to be exist required by the law.

Lets beat whether RM vs USD below 4.0 is feasible or not.

Thank you.

MV 200days at 1.93+- Anything fall below is good to collect :)

Next level 1.93 (i like these number) Good luck

when the counter is fall lower and lower ,a lots of funny TP comes. But i like it

I like big shark. Otherwise my wealth cannot growth better and better without them. I'm just a small turtle in the sea :D

Sell if your fear, buy if your brave. Good Luck. :)

Sadly,Case study of AIG unable to apply in Latitude due to management behaviour and foreseenable growth available for Latitude.

Demanding for dividend where align to earning.it's been repeat and repeat, again and again. If your unsatisfy with low dividend yield please stay away.
"Management is looking for opportunities"

BELATED NEW YEAR TOKEN ! CONGRATULATE ALL SHAREHOLDER WHO HOLD V.S UNTIL EX DATE AND HOLDING UNTIL TODAY !

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.

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.

Always recall my ex. T.T

Pohuat is current and Frontken is my ex. I not even mentione frontken in here and dn788 talk about my ex here.

thank god luckily manage to sold at 0.245 . while my cost stood at 0.1x . I'm always look forward. i got my strategy and rules in handling all situation in stock market, thanks for you kind caring of my portfolio.

I got no doubt for the company which reporting 140m revenue - strengthen in Vietnam/USD and the cyclical business trend where Q4 will be the strongest among all Q. I don't mind to share that what i extract from quarter result and understand from the financial result to let more investor know poh huat current situation. 20m PAT reporting - 5 m derived from translation reserve. 15m from trading.

Now my question comes.

1. Whether timing of recognition Q4 insurance claims as mentioned earlier.

2. Trade and other receivable – Jump 18.7m (where cash flow statement report change in receivable 6.72m) – assume there may be some revaluation take place.

Other non-cash item adjusted 5.9m ? { the assets written off hedged with these unknown item by the management ) [the management is attempting to hide the losses and offset against future insurance claims where the claims subject to investigation whether these is negligence or not.].}

I'm not criticizing the financial result. but I'm in doubt with the net profits being reported.

assumed that the management really hidden the losses somewhere. the profits reported is considered as full force during the strongest Qtr of cyclical trend.

In Short term I'm expecting to fall little bit . mid term wise RM2.7-RM3. is achievable.

Thanks.

Another remarkable result is done by Pohuat. From what i observe from the qtr result. The management intend to minimize the impact from the assets write off cause by the fire accident.

They recognize the insurance income of RM3mil in advance to hedge against the losses of 9 million. luckily only the finishing line get involve in fire accident.

I'm not sure whether these treatment is acceptable for the auditors. Where the timing on recognition I'm not really comfortable with these treatment as their financial year end is 31 Oct 2015. The interim insurance is only received two month after the financial year end.

Overall, Pohuat is performing comparatively well. The result is within my expectation but probably below market expectation.

Thanks for the complement. I’m a baby in capital market therefore I wish to share more and exchange more information to build up my knowledge bank.

@cktio – for the increase in debts is explain from the chairman and director statement Pg.4 & Pg.5 of annual report you may look into it if you need further clarification and these has been repeated during the AGM.

Thanks for hippopotamus recalled my memory. Some discussion not highlighted in my comment was disclosed in the annual report Pg.4 and Pg.5 . Other than that number of shareholder criticizing market capitalization, low P/E, no bonus, low dividend policy / yield these and that. The management respond these with "sustainability" theory to maximize shareholder wealth instead of short term capital appreciation they wish to have a shareholder where loyal to them.

Directors comment : You want High P/E and better value of capitalization? buy more latitude.

I noted during the AGM on the director claims that director fee is only RM360,000 no change compared to last year. Where each of the director is not earning > RM100,000. Where other generic competitor director earning Liihen = RM 3.5million, Heveaboard RM3 million etc.

I share whatever i observe during the meeting. Please correct me if anyone of you feel my interpretation is incorrect and do share about what you observe in the meeting.

Thank you.

But i feel the management is very good in managing the company in a very conservative ways. I'm very surprise the director claims that they do not have single bad debts in their account. the manage their receivable very well. especially their goods 90% export to USA.

To be honest. I do have little disappointment to the managing director and the team in responding the demand from shareholder.

Let me tell you what the next the corporate exercise the company going to do and so called “Strategy”. In responding fluctuation of share price. 1. Allot share 10% (not restricted to private placement) 2. Share buy back 10%

Why the company retain significant amount cash and making a remarkable profit but reluctant to distribute its profit while there is no significant expansion of the business.
If share price goes up 1st to the company will put private placement in place to obtain huge amount of cash. The exceed amount of cash will allow the company to “sustain” in dealing with the decline in market demand “Cash is King”  . As the directors claim that they’re Oldman do not have much significant expansion of the business during the AGM. Based on these comment from director I would assume that the company do not intend to expand and their aim only to sustain in the market’s. No big growth expected.

If share price goes down share buyback will take in place allow itself to collect at cheap prices when the share prices go below the NTA value. Or wise versa.

To obtain the competitive edge in the segment of course the company need to have a very good quality and service deliver to the customer which I’m pretty agreed with the directors. However, I’m disappointed that the company forgive these 十年难得一见opportunities to maximise their potential instead the choose to be very conservative. The company can simply do a share split to increase the marketability and the liquidity of the counter. To build up the reputation of the company let’s more people knows about Latitude Tree instead of sitting there let the other stakeholder think Latitude is astrology company. When the market goes down. They can simply consolidate their shares to reduce the stock liquidity

I would prefer to hold the share as believe Latitude will continue be making a remarkable profit in near future. Anyway, I would like to highlight these is not a call buy or sell. I prefer to share my opinion with you all. Thank you.

I guess share split 1 to 5 , bonus 10 to 1.

Please ignore if you're not agree with my statement :)

I'm attending the AGM. for those who're attending the AGM see you guys tomorrow =D

supply chain effect.

Keurig Green Mountain (NASDAQ:GMCR) announces it will be acquired by privately-owned JAB Holding Company for $92 per share in a deal valued at $13.9B. JAB Holding is an experienced collector of large consumer product brands.

GMCR stakeholder Coca-Cola (NYSE:KO) says it backs the buyout and indicates it will work with JAB to stay on as a major Keurig single-serve partner.

The deal is expected to close in the first quarter of 2016.

GMCR closed at $51.70 on Friday. Shares are currently on a trading halt, but will soon skyrocket.

It's time for us to get ourself ready and demand something from the board. See you guys 10 December 2015 3.00pm =D

susheel - Interest rate high and fall in share prices is HOMEMADE FRIED RICE. if durable good sales drop it not only affect the furnitures. It effect the whole market. Thanks.

My Tilam really value for money . Huat to all Latitude shareholder. =D

Congratz to all Latitude holder now. We're sat in the same tree :)

Tilam is sold. Holding latitude now.. good luck all latitude holder.!

Congrats to all HEVEA shareholder ! Huat arh !

I sell my TILAM to buy Latitude Tree. I sleep at Latitude Tree after TILAM SOLD. :)

Latitude*

Final decision is yours. Trend is moving upward. Goodluck to all Latiture shareholder here. We meet again when the 1st target price is MET :)

Let's guess is This big tree going to reach bottom ? Potential gain 68% @ RM6.58 today closing price. Thank you.

I accept any criticism from you all on my valuation. but final decision is your, I'm here to share and to explore the Ancient Tree. Thank you.