we can notice such trend in Poh Huat, Lii Hen, VS and Latitud.
many had been cheated by them in Poh Huat, Lii Hen and VS.
luckily Latitud not yet agreed with them to manipulate its share price by declaring bonus or share split, if not more investors will be fooled by them.

The modus operandi of KYY and gang are to collect those good small cap companies at low PE and once they accumulated over 20%, KYY and OTB will write to promote and his speculators and unscrupulous remisier will create fictitious trading volume and push up the prices. They will request to meet the major shareholders (normally the owners also the management for small cap firms) to ask them to distribute bonus, do share split and to distribute large dividend in order to help them to cheat investors. Fools will be cheated or conned by them and will join in to buy at high prices/PE. They only target small cap companies and never buy big cap companies as they know that they are not able to manipulate the volume and price of big cap companies.

Ha ha ha....many people here had been cheated by KYY and his speculator gang......many are enjoy their losses now......I told you people to beware of KYY and his gang before.

Ibkeat,

you are very confused..
Sales in term of USD had dropped. The weakening of RM camouflaged it.Therefore the reported results in RM registered an increase in sales.

Under such company, the increase in EPS usually caused by forex gains and also those expenses such as material, wages and overhead paid in local currencies VNDound or RM.

If sales in term of USD dropped by 5% and RM weakened by 30%,
The reported sales in term of RM will show an increase of about 23.5%

If most expenses are in local currencies, this will resulted gross profit to increase substantially.

hopes you can see it and understand now.

At a glance, most people not able to see it, but there are many who can see it, such as KYY.

The drop in the share price of latitude is because KYY and gangs were selling in large qty.
They are selling due to poorer performance and lower revenue registered in USD term (drop in sales) even though latitud reported an increase in EPS(due to weakening of RM).

Ibkeat,
How can you said that the depreciation of RM by 30% had no major impact on Latitud even though over 90% of their sales were in USD, raw materials of its Vietnam factories were imported from Malaysia in RM and wages & most overhead expenses were paid in VNDoung.

The facts are the poorer results/ the drop sales/ weaker performance of latitud in 1half FY2016 compared to FY2015 1half were camouflaged by the strengthening of USD by 30%.

You deliberately trying to misled people by claiming that 1Half FY2016 are better and purposely not explaining that it was due to Forex factor.

however, some people here trying to con/cheat or twisted the facts by telling the story that the Q2's results were better.
So, please be careful.

pputeh,
if without the forex factors, the results of Q2 had decreased.
That means, the performance of LTHB had dropped and therefore, the share price has fallen from RM8 to RM6+
The fall in share price was in line with the drop in performance like the decrease in revenue(in term of USD) and GPmargin (if we remove the forex factors).

Ibkeat,
forex gains in other income or forex losses in other operating expenses will from assets and liabilities in foreign currencies such as investment in vietnam, cash, receivables, payables and etc.
all these are forex gain/loss from balance sheet items.

Forex gain/loss from Revenue and cost of sales are from P/L(income statements) were directly converted into the revenue using average forex rates and therefore are included and will have impact on the GP margin. for example your USD1mil revenue in 1HalfFY2015 is reported as RM3.25mil and in 1half FY2016 will be RM4.2mil whereas yr expenses were in Vietnam Doung.
the salary expenses of VNDoung2.000bil=USD100,000=RM325,000 in 1halfFY2015 and the same salary expenses of VNDoung2billion will be USD90,909(as VND is also weakened against USD from 20,000 to 22,000 per USD) = RM381,818
Therefore, resulted increase in GP margin by the strengthening of USD against RM and VNDoung.

Results of Vietnam operations were converted at average rate of 4.20 where previous year were converted at 3.25.

The mgt specifically mentioned about Forex factors in the announcement but you deliberately omitted the forex factors and you purposely highlighting the minor factors.

Ibkeat,
but you deliberately omit the main factor of the increase in GP margin which was the Forex factor. Instead of mentioning of Forex factor, you deliberately highlight those minor factors with bad intention to misguide/misled the people over here.

ibkeat,
the increase in gross margin was mainly due to increase in forex by 29% from average rates of 3.25 to 4.20
Please don't try to con / confuse people here. contribution by improved productivity, high margin products and upstream activities were minimal.

pputeh,
the cash can be used to acquire/invest into good related businesses. the group is waiting to acquire/venture into good upstream businesses, sofa and mattress and/or its suppliers such as coating materials, packaging materials and hardware.
if distributed too much of its cash to its shareholders, the group may not be able to compete/sustain its business as the group has to compete with big boys from China setting up furniture factories in Vietnam and buying up upstream wood processing factories in Malaysia & Indonesia.
BAT, Dutch Lady & Nestle are different as they need to repatriate back their profits to their major shareholder's holdings company outside Malaysia. They are here to make money from our consumers for their home country.

LTH has the lowest in PE among furniture stocks even though LTH is the largest among all.
low PE may be because of
- KYY and his speculator cronies are selling
- low dividend as major shareholders are cash rich
- major shareholders did not push up the share price where others did

weng 77, you are wrong or confused.

the Gross Profit already included the forex gain as their revenue were converted at current forex rate of 4.20. Higher GP mainly contributed by the forex gain in revenue.
Revenue in term of USD had decreased by about 9% to 11%.

the realized/unrealized forex gains are gains on those assets the group hold in USD such as USD cash and deposits, receivables, investments and etc.

23 Feb 2016.

we are investing on the future business/incomes of VS and Hon Hai.
hon hai is too big to grow bigger but vs has plenty of room to grow bigger.
we should use the FIV (future intrinsic value) and not past/current intrinsic value if we are investing for future gain.

dalpinia the big fools also enjoying her losses......

those fools especially pongdan and rosmah are quietly enjoying their losses now.......
be happy, more losses are on the way........

"......thanks to the speculator controlled analyst/bloggers writing good reports, many fools jumped in to buy at 7.50 and above......" OTB said.

Ha ha ha........many fools been slaughtered by speculators.
don't worry, more to come........and those fools will continue to enjoy their losses.

anyone here can lodge a complain / report
- against Latitude to Bursa for late announcement and
- against KYY to SSM for late notification to Latitude.

Companies Act 1965

Section 69G. Person who ceases to be substantial shareholder to notify company.
(1) A person who ceases to be a substantial shareholder in a company shall give notice in writing to the company stating his name and the date on which he ceased to be a substantial shareholder and full particulars of the circumstances by reason of which he ceased to be a substantial shareholder.

(2) The notice shall be given within seven days after the person ceased to be a substantial shareholder.


Section 69F. Substantial shareholder to notify company of change in his interests.
(1) Where there is a change in the interest of a substantial shareholder in a company in voting shares in the company, he shall give notice in writing to the company stating his name and full particulars of the change, including the date of the change, and the circumstances by reason of which that change has occurred.

(2) The notice shall be given within seven days after the date of the change.

(3) For the purposes of subsection (1) where a substantial shareholder in a company acquires or disposes of voting shares in the company, there shall be deemed to be a change in the interest of the substantial shareholder in voting shares in that company.

KYY in trouble. anyone here can just report to Bursa as KYY deliberately delayed the announcement by over 1 month. under Bursa listing requirement, he has to notify any transactions within 7 days.

with today's announcement, don't know how many fools will enjoy their losses tomorrow.......

only speculators like share split and bonus.

Beware!!! orders for Jan'16, Feb'16 n Mar'16 drop by over 40%.....

KYY has no respect to the Securities Law and Bursa regulations. he will be in trouble soon.

KYY will be in trouble for selling without proper filing to Bursa.

after listening to the breakfast grill of its CEO by Julian of BFM, I hv totally no faith in this company.
its CEO is half past-six and know nuts about RI and with his 'pun tong sui' English.
furthermore the CEO does not sound honest. He sounded like he likes to con people with a bunch of speculators and only interested in 'goreng' the shares. I have started to sell and plan to clear all before 31 Dec. Such company under such CEO can't sustain and may not be around 3 years from now. This counter is good for short term speculators and gamblers but not for mid to long term investors.

good results????
this coming qtr results will hv the full impact of fire incident in Aug'15.
manipulators are fishing for fools.

I'm also acquiring...... at 0.375 to 0.385 up to 100K
If drop further will buy more..... very 15% down from 0.38 I will collect 50K to 100k shares.
my target to collect up to 500k and to keep for at least 2 years.
If up over 0.425 will stop buying.

KYY in trouble for not reporting his substantial disposal of Latitud shares

joe, in Malaysia with right people and right price, you can get insider info.
the speculators/manipulators of latitud are the same group with manipulators of poh huat, liihen and VS.

very experience speculator/manipulator are manipulating this counter everyday so that they can sell their over 10mil shares to new and old fools at good prices.
Next week will see another round of selling to trap those fools.

or you can ask lukesharefaker as he is one of the substantial shareholder's remisier.

If so good, why substantial shareholders not buying??

Normally those born lossers like to call themselves top gainer.
Please use yr brain and think why so many shares sold even below RM7.00
the big speculators are slowly selling and trapping those old fools and new fools.
Don't worry, the speculators will push the price up 15 minutes before closing to make it looks good for next week.

my comments before Q1 results

Qtr1's results will be good as expected, EPS at least 27sen good results will facilitate speculators to sell more at better prices......they have 10mil shares to sell.
they cannot keep on selling only..... they will push up when they expect good results to be announced to trap fools and to sell it right after the announcement of good results.
the proof......the prices will continue to drop again right after the Qtr 1 announcement......
Hmmmm I see a lot of poor fools keep buying till today. happy trading and hope those fools will enjoy their losses next week......
on 26/11/2015 15:19



by theory, with good results, the price will goes up.............. but if the stock is manipulated by speculators, when good results were announced, the price will drop.......why, bcoz they will try to sell as much as possible as they have about 10mil shares to sell......so please wait and see next week how many fools going to enjoy their losses. Write a comment.....
who is nvmla?? pls enlighten me....
on 26/11/2015 16:19


below were my comments last week...................

catalist pongdan/pingdan, by theory, with good results, the price will goes up.............. but if the stock is manipulated by speculators, when good results were announced, the price will drop.......why, bcoz they will try to sell as much as possible as they have about 10mil shares to sell......so please wait and see next week how many fools going to enjoy their losses.
26/11/2015 16:19



Why want to tell lie and nice things only over here?
truth must be very painful? that's why you people like to be fooled to feel better.

Why can't go up more?
1. big speculators are selling everyday as they hv over 10mil shares and wanted to sell at good price
2. substantial shareholders the Taiwanese are not buying more, why? They know that the business outlook not good.
3. not many or not enough new fools to push up.

i hv access to more accurate info than you, pongdan......
you and lukesharefatker can continue to simply assume.......

anyway, tomorrow we will see another round of selling/getting out by speculators as the prices are still good for them to get out.........
not easy to sell 10million shares in this counter........
they really hope that there are enough fools to buy at current price........

Nowadays, 100mil cash are just peanut .......they may hv their reasons to conserve cash as this Group had been cash tight for the past 20 years.
A smart n wise management would prefer to keep cash instead of distribute out all to shareholders.
when times are bad, do you think shareholders will help the company? They will dump the company.
So, I'm not surprise that the mgt would like to conserve cash now as they were quite poor(short of cash) before.
maybe they need funds to compete/fight china manufacturers setting up huge factories in Vietnam. They have to compete for raw materials, good workers and capable managers.

dividends, how much is enough ?? those shareholders bought at 1.00 and below are be very happy with 12sen and those bought at 7.00 (current /short term shareholders) are complaining.
why must the mgt reward short term shareholders???

I feel the mgt are smart enough not to be fooled by speculators to distribute out everythings and keep little for raining days.
Why must the mgt listen to speculators and been fooled by them like pohhuat and liihen ???

by not giving bonus or high dividends are just another strategies. There is no right or wrong, time will tell.....

lukesharefuker, don't simply accused counter not performing as PONZI or etc. Latitud was audited by EY, are you trying to say EY auditors are corrupted or stupid to be conned by Latitud of unreal net cash of over 100mil???? pls don't be like most Malaysians of simply accus or talk rubbish.

Ha ha ha....... many fools are enjoying their losses and rushing to the bank......

below was my comments last week...................



catalist pongdan/pingdan, by theory, with good results, the price will goes up.............. but if the stock is manipulated by speculators, when good results were announced, the price will drop.......why, bcoz they will try to sell as much as possible as they have about 10mil shares to sell......so please wait and see next week how many fools going to enjoy their losses.
26/11/2015 16:19

next week all fools will enjoy their losses and lau sai

latitud's top guns told us no bonus and 15% dvd policy.

pongdan, our funds don't trade in latitud as its daily volume too low for us and failed to meet our committee guidelines. Therefore, comments are independent.
unlike those greedy fools over here who have interest and bias opinion.

7.78 good price to sell

real fools will not admit they are fools. Time will tell them they are fools when they enjoy their losses.....

pongdan/pingdan, by theory, with good results, the price will goes up.............. but if the stock is manipulated by speculators, when good results were announced, the price will drop.......why, bcoz they will try to sell as much as possible as they have about 10mil shares to sell......so please wait and see next week how many fools going to enjoy their losses. Write a comment.....
who is nvmla?? pls enlighten me....