For real or not ?? They do have the production capacity.

Usually, billings will intensify near to completion. Hopefully, revenue will surge with the impending handover of Concerto in the 3rd quarter and Home Tree phase 1 at end of the year.
After which, in addition to housing estates in Kluang and Batu Pahat, revenue should be supported by Park Residence and other Home Tree phases.

YTD revenue 198 mil for 6 months with pat of 19.1 mil. Increase 66% over last year. I think the last 2 quarters will be good with completion of Concerto in 3rd quarter 2015 and completion of Home Tree phase 1 by end 2015. Hopefully better dividend than 3 sen.

I was hoping for some updates on the future plans, going forward.

Anyone attended the recent AGM? Any excitement?

2nd qtr FY2015 results next month. Do you think will be better than last year of 10.3 mil and previous qtr of 10.7 mil ?

Thanks Connie & Duit. Therefore, everything else equal, if foreign fund takes view that USD/RM floor is 3.60, they only need USD 27,777 to buy RM100k stocks as compared to USD 33,333 when the rate was at 3.00. In addition to share price potential gain, they will make extra from strengthening ringgit to below 3.60. Condition of course is that 3.60 is deemed the bottom.

Hi, I would like to solicit some views as to what USD/RM rate would you think be attractive for foreign buyers to start looking at Bursa again. The weakening ringgit would make our stocks cheaper, in addition to the KLCI having improved in valuation PE wise now from the record high.

Will Sala come after Sona to please complete deal? I am sure there are a lot of cheap assets now.

Anybody have any idea why there is not much volume considering 332 million each of new shares and warrants listed ?

Holding over 18 months, approximate 13-15% per annum ?

:) very upset too. but has been staying at this price since Monday, date of listing of 332 million new shares and 332 million warrants. Why no sell down ? Interesting.

3Q good, yet market not happy. is it all about the non syariah compliant ? If it is, this report said that company is taking steps to rectify the situation. http://www.nst.com.my/node/57388

Be realistic :), 60 sen near term is good enough. Hopefully good news will come soon.

Best to ignore him , not sure of his motive, last 3 months obsessed with BCB, main stock comments is BCB ,all negatives. We should comment and buy based on stock fundamental, do some research on your own. Don't talk rubbish. Just comment sensibly. He talked like he knows the reason for the stock movement.

So many positive reports from research houses.

Contra players decimated, but no pn17 . Their rights issue raised almost 50 million.

Good 3Q results, hopefully price will reverse to uptrend.

Consistently paying good dividend and maintaining quite good profits. Puzzling is why the main shareholders continue to sell in the market.

SKP just announced RM 1.58b contracts.

Any idea who bought the 2 million at 44 sen. Was it market or off market ?

Well done, BCB. I am not comparing Latitude's performance to BCB. But Mr Koon's letter is similarly appropriate for BCB Management to take note. As I am not as articulate as Mr Koon who I highly respect, I am borrowing his letter for this purpose.

Letter to the Latitude's BOD - Why and How to improve your share price?

This is a guess post from Koon Yew Yin.

This article was published at 25-Sep-14, 18:08

Share Your Write Up? Listing Page
The Chief Executive Officer and the Board Of Directors,

Latitude Tree Holdings Bhd.



25th Sept 2014



Dear Gentlemen,



Why and How to improve your share price?

I have been buying your shares recently but I am a bit disappointed that the price cannot rise above Rm 3.72 which is still very cheap in terms of P/E ratio as your EPS was 56.6 sen. However, you deserve my congratulation for managing the company so well to produce such good profit.



As I was one of the founders of IJM Corporation Bhd., I have gained some experience which can help you improve your share price. If you wish to know about me, you can google my name.



When investors buy any share, they expect to benefit from the dividend and the increase of the share price. All the shareholders are the owners of the company and all the directors of the board are the employees who are being paid for their services. The main duty of the directors is to make profit so that they can give out dividend which is the catalyst to move share price.



It is prudent not to give out all the profit as dividend because you need to retain some of the profit for company future expansion, bearing in mind that without expansion, you cannot make more profit.



Like most Malaysian companies, your company is young and poorly capitalized, you cannot afford to give out dividend higher than the holding cost of their shares. As a result, investors will soon get tired of holding the shares if the share price does not continue to increase. If there are more sellers than buyers, the share price will come down.



Since it is not advisable for the company to continue give out good dividend, there are a few ways to increase share price which you may like to consider.

Give out bonus shares
Give out free convertible warrants with a right issue.
The company must frequently talk to fund managers and analysts to entice them to buy your shares. Selling your shares is as important as selling your products.
According to KLSE rules, you can place out not more than 10% of the total issued shares every year. Annually you must also try to place out shares to fund managers so that they can help to support the share price and in the process the company will receive huge amount of cash for expansion. For example, you can place out 9.7 million shares equivalent to 10% of the total issued shares at say Rm 3.30 which is about 10% discount to the current price of Rm 3.70. The company will receive about Rm 32 cash injection on every placement exercise.


After having achieved a higher share price, you should issue shares to make suitable acquisition to further expand the company. If you study the history of IJM Corporation Bhd. carefully, you will notice that the company has done exactly what I have described above.



I trust you and the board of directors will consider my letter seriously to benefit all the shareholders.



Yours faithfully,

Koon Yew Yin

Based on today' s announcement, AGM on 18 Dec. Good news that Medini project is exempted from corporate tax. GDV is 1.2 billion , launching Phase 1 early 2015, small units at average price of rm 350k per unit.
AR also mentioned Bandar Putera Indah, Batu Pahat with GDV of 1.1 billion, acreage 390 acres and it stated that the HSR will have a station nearby.

If this is the pricing, Sona's offer is better since it is cash offer ??

Volume building up. QA news soon ?

Why Thursday, if you dont mind.

Thanks, Salamandar seems a hot coy since a few suitors inc Sona taking interests.

Now that Jynwel has withdrawn offer for Salamandar, coast is clear for Sona to have QA ? By December ?

Major shareholder just announced daily selling. How to go further ? Based on past years, dividend should be soon, yet shareholders selling. Very difficult to commit buying although fundamental and yield is good.

You should receive the allotment form soon if you still have the OR as at last Friday, then pay the 15 sen by the date line and the mother and warrant will be credited in due course.

SKP should be market leader when oil price stabilises.

Sounds like a plan, but it would be good for owners to sell their block via off market. Does not give comfort if major shareholders sell in the market.

OR trades for the last day today, If buy at 1 sen and pay 15 sen to subscribe, cost of 1 new share and 1 warrant total 16 sen . Seems reasonable ?

Thanks for sharing, but I am puzzled and uncomfortable as to why the major shareholders sold about 1.5 million shares from 1.20 to about 1.12 recently. Any idea ?

Report in the Financial daily today, but still puzzling why major shareholders sold about 1.5 million below 1.20 recently.

Owner continue selling, how to buy ?

Hopefully, more stability and move forward.

Usually 3 years to complete property projects eg condominium. Therefore, profit over 3 years, crude projection.

55.5 million bought at .015 sen :) :) sorry couldnt help it :)

I am just wondering whether big guns are churning to clear mother higher and buy OR.??

No, last date for payment is 24 November.

No, last day for trading of OR. Convert/payment i think sometime on 27 or 28 Nov.

Last day this Friday.

If one is keen to buy, between mother and OR, should buy OR , my 2 sen view.

New investors, who has no exposure now should buy OR at 1.5 sen instead of mother at 16 sen ie subscribe for 1 mother at cost 15 sen with warrant at cost of 1.5 sen.

Puzzling, so many OR sellers and high volume for mother ??

Trying to understand the price movement today.
Logically, SHs who do not want additional exposure should sell mother at 16 sen and buy OR at 1.5 sen, subscribe for new mother at 15 sen and get warrant at cost of 0.5 sen per warrant.

But have to div over 3 years ie 1.7 sen per year.

Bursa announcements : owners selling like crazy, how ???

Holding quite well.

Thx. Any sifu on this matter ?