Question 3: It is adjustment for reserves in balance sheet.

Example:

30/6/2015: USD100,000 in their reserves in Vietnam (using rate of USD1= RM3.7)

30/9/2015: USD100,000 also, but using rate of USD1= RM4.40

Hence foreign currency translation of RM70,000 incurred (440,000 - 370,000)

Others things to consider is
1) material cost - Need to consider whether it is in US dollar?
Buy from local company? Import from foreign company? How many percentage it consists?

2) Labour cost, rental expenses, depreciation expenses, oil price, electricity price

Basically, this one you need to see where their production operated. If in Malaysia, it should be consider cost saving as all of this paid in ringgit Malaysia. If outside Malaysia, not much benefit they will gain as only Malaysia ringgit depreciated the most

3) Government policy for foreign company

Basically you need to know about their countries. Whether any changes in minimum wages, electricity cost, oil price, tax rate and others

4) Competition

Are the company you invested have competitive advantages?

Will you company force to reduce price by customer when they know that your cost of sales reduce so that they will continue supporting you?

These is my opinion. I might be wrong.

Question 1: Correct
Question 2: Average currency rate

I give my own opinion here. Revenue should used average currency rate.

I posted my simple example for my explanation (for your information, this is only example, might not be right as sales might be more for some months for the company and lesser for some months of the company)

Let's say

There are 3 sales in last quarter
1st October 2015 - USD100 or RM300
1st November 2015 - USD100 or RM400
1st December 2015 - USD100 or RM500

Currency rate
1st October 2015 - USD1 =RM3
1st November 2015 - USD1 =RM4
1st December 2015 - USD1 =RM5
Average rate of USD = (3+4+5)/3=RM4

So total sales is RM1,200.

Hence average rate should probably be the best indication for counting revenue.

But u also need to consider the ending rate during that months. If there is big changes, the company will suffer losses.

At least the profit is growing. Once profit, thr company directly declare dividend.

No like Mercury, profit keep on dropping. Management no choice and then put inject another useless shit construction company that going to br no more project in two years so he can cheat money from Mercury. Now make Mercury money less like shit.

Here come our epic JT Yeo. He recommend me Mercury. But mercury also a noob share. Useless roic and roe. But he recommend. Guess what is the return when he recommend? 0percent. Also last time, he said latitude fully valued. Guess what now? RM8. Useless piece of shit.

Robertl vs CIMB. Round 2. Fight...

lol UMA....

Fool me once, shame on you. Fool me twice, shame on me!!!

Another good company found by Icon8888.

Opps how my article mentioned here? Dun worry folks. As long as good fundamental who cares who is holding the shares?

Ayoyo: My view only ya. Haha maybe u can earn from this company as i didnt do research on both company

Ayoyo: i redget i didnt have the gut to enter RM0.9x last year when i spotted this share. Now already rm2. It is a good company but i wont enter anymore. Kimlun not my cup of tea as i try to avoid construction company if possible

both dalpinia and tkk1127 stating the correct point. I should focus more on fundamental rather than KYY. I am sorry for overreact.

muscle: For your information, if he holding less than 5 percent, he no need to report to Bursa Malaysia.

As I mention earlier, from the announcement, he already transfer 3.7millions shares out to other people.

You have no idea he hold how much in his grandson, granddaughter, relative account.

Icon8888: haha u recommend one. Not me. I didnt write article also.

Ayoyo u also holding jaycorp? Nice to meet u here again xD

showly but steady go up~~

seem like market happy with the ceased of substantial shareholder of KYY. Hitting another new high after then news came out

One more thing, if you check on the annoucement, 3.17million shares have been transferred to other people. Who he transferred? His grandson? His granddaughter? His relative? While 2.02million have been sold in the market.

Maybe he holding from his grandson, granddaugher, relative account. U will nvr know.

Opps it is happen before result come out. U will nvr know he collect after the result come out on 26 Nov 2015

Haha nvmla share price already up. He already disposed then good. if not later people keep on using koon yew yin name to promote. Bye koon. is nice to meet you

Fool me once, shame on you. Fool me twice, shame on me

i still holding since RM6.78. Then continue add on when drop to RM6.26. After result out then someone say KYY disposing, i add some on RM7.10. Until now still no announcement from bursa stated that KYY is disposing even a single share. Also the share price move up since then. I start to doubt "someone" credibility to claim that KYYis disposing latitude

rm8!!!

Nice and detail analysis from the author. Give you a like.

This leno, cukup tulis you punya doctor opinion. why u abandon investlah forum and come i3? investlah forum suite you but not i3

haha JT Yeo again. Last fews year cannot earn money. Now can earn liao then buy now la. You wan to wait 5 more years the company earn consistency money then buy meh. At that time, the price already high.

Hey robertl， you know when we do consolidation and show the group amount, of course the amount wont show in the Heaveboard Berhad account la. It is related party amount. When they doing consolidation, they will eliminated the related party amount la. Wtf you talking about "Beautifications".

What is group amount? It is like a family. Subsidiary is like brother and sister. When u wan show as a family amount, surely wont show the amount owe between brother and sister la. Noob.

You dont have any accounting knowledge please dun talk cock.

I did not hold Hevea but however i feel angry when you spreading brainless news

haha nvmla. I also holding quite alot shares in SHH. I dun care about others detail . As long as it will generate good profit, I will continue hold this.

Valuegrowthinvestor: for your information, for 31/3/2014, the profit is so good due to disposal of one of the building. Hence u cannot say that 31 Mar quarter, the result must be good

Keep in mind all the cost is calculated in ringgit as all of the factory for SHH located in johor.

Ronnietan: I disagree with some of your points

Yup, some furniture will have a weak season during 1st quarter but it only affect for the company which have a long holiday during chinese new year. A good example to see is Prlexus and Pohuat which most of their revenue generated from Vietnam.

I also disagree with you that 30 Sept is the strongest quarter for exporters.

In fact 31 Dec is the strongest quarter for furniture exporters as the company will export more furniture during christmas season.

This company benefited from the depreciation in USD. As the cost of production is in ringgit, the appreciation of USD will increase the competitor advantages with country such as vietnam as the cost of production (labour cost, logistic cost, rental and etc) calculated in malaysia ringgit.

Think about this, if they sell furniture to foreign company, they can offer a much lower price as the cost is much lower in term of USD in global market. Hence the sales volume will increase if they lower down the price (in term of USD) as they able to offer much lower price to compare other furniture maker that setting up their factory outside Malaysia.

Other than that, the company incurred loss on derivatives of RM1.9mil of derivatives cost with the currency rate of RM4.40. If you look on the currency on RM4.29429, hence profit on derivatives will incurred.

If loss on derivatives did not incurred, the company will have extra 3.8sen profit for their account. Hence 6.96+3.8=10.76 sen for next quarter at least

This company benefited from the depreciation in USD. As the cost of production is in ringgit, the appreciation of USD will increase the competitor advantages with country such as vietnam as the cost of production (labour cost, logistic cost, rental and etc) calculated in malaysia ringgit.

Think about this, if they sell furniture to foreign company, they can offer a much lower price as the cost is much lower in term of USD in global market. Hence the sales volume will increase if they lower down the price (in term of USD) as they able to offer much lower price to compare other furniture maker that setting up their factory outside Malaysia.

Other than that, the company incurred loss on derivatives of RM1.9mil of derivatives cost with the currency rate of RM4.40. If you look on the currency on RM4.29429, hence profit on derivatives will incurred.

If loss on derivatives did not incurred, the company will have extra 3.8sen profit for their account. Hence 6.96+3.8=10.76 sen for next quarter at least

Buy buy call!!

Not i say. Jt yeo said.

http://klse.i3investor.com/blogs/JTYeo/86568.jsp According to this article, jt yeo say nishin is going to bankrupt soon

This is latitude thread or kyy vs kcchong thread? Lol

I think i stop here ba. U all can open a thread to argue which is the best method. I not interested to discuss. Bye

Up to them la. I dun wan to argue with their method. I use my method enough. No point to argue with their method.

Both got their own way of investment. In term of return, kyy win him but in term of safety, kcchong method is more safe. Both way got their own advantages and disadvantages. However i got my own way. I wont folo blindly with them.

Stock investment is a mid to long term game. I dont think one day can decide whether it is a good or bad investment. Monday what prixe i dun care. If below my price that i wan to collect i buy. If up until the price i wan i sell.

U free to talk. I free to give my opinion. The other forumer free to sell or buy the stock. So up to u all to decide. In fact kcchong also putting latitude as stock pick inside his latest post.

Why need emo? Haha holding a good share also emo? Just logic thinking

If im kyy when i wan dispose i surely curi curi dispose in 14days so other people dun know about that. Come out news to let people know? Is he stupid like that to do so? Keep in mind he got 10percent share. Not 10shares. If people know this he wont benefit from it.

Seem like he wan collect so he let people sell then can buy at lower price. Hahaha got people so good in this world. Please use ur brain to tink before react

Haha use your logic to tink. If kyy wan to dispose, why he come out the news to let people know? If he let u know he will only able to sell at a much lower price since all selling. Funny people believe with this rosmah.

hahaha who speculate that KYY disposing early on? lol

Go go go!!

Limit up soon...