hahaha KEEP IT SIMPLE. As u say in last article. What a "metaphor" word to mislead other people.

19% loss in capital still got return. Is low but at least there are giving small return to shareholder. Alot of share not only not giving return but the share price keep dropping. The epic example is MAS

So any reason to make them bankrupt? Debtor chase for debt? Banker chase for debt? Or their business not doing well?

You dont know what will happen in next few years but currently they are no sign that the company are going for bankruptcy.

An epic example is lioncor. See their loss. Lioncor loss 500mil per year. Net liabilities postion of -RM0.61. Still have not declare bankrupt. Why? Because it is not so easy that a company goes to bankruptcy

1st do you understand what is bankruptcy?
Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes to creditors.

Are they unable to pay debt?
1) Cash position still able to pay 80% of debt.
2) Revenue increase quarter by quarter. Yeah i might be due to forex exchange that move up the revenue and profit.Refer to 2012 to 2014, the company still able to make profit.
3) They paying about RM1mil to RM2mil dividend per year. This is the bad thing for the company as the company not able to generate so much cash to pay. Even so, as per 30 Sep 2015, their company still able to have a healthy balance sheet despite they paying dividend.

u goal is long term. Is good but your attitude is bad. every post people took time to do research and write u tend to attack people. If you like their post, just give them a like. If u dont like, please keep quiet and give a valid reason instead of shooting people.

So this is another crap post by JTYEO. If u got any valid reason, come here and debate with me. I receive any good reason but not crap reason from u. Dont hide behind the scene

The future i dont know cause i dont understand about the company. But from the balance sheet, the company do not have any indicator say that the company is going for bankrupt because how low is their debt. Their cash already can settle 80% of their debt (borrowing and trade payable)

For the past fews year, although they are some quarter that the company not making profit, but most of the quarter they still in profit position.

Other than that, they also paying dividend.

I dun have any nishin share. but im here to tell u that:

Currently nishin have RM8.9mil cash while total liabilities only have RM10.9mil. How can they bankrupt? The worst situation only no gain in the profit and loss. Can bankrupt? I dont tink so.

Last quarter result, excluded forex gain, the company still have 300k profit.

i guess u not even took 30min to go through a company annual report before giving any comment.

The share u dun like, u rather spend time to write an article, instead u go find another good share to invest. Hahaha

Now i know sydney people teach us like this... flame people opinion

go shoot jtyeo now. he say nishin gonna bankrupt hahaha.
http://klse.i3investor.com/blogs/JTYeo/86568.jsp

He is the angle come from heaven, i3 拯救的任务世界就靠你了。

here come our i3 talk cock champion, JT YEO!!!

Thx kcchongnz. Thanks you for your answer. Appreciate it!! Keep it up to write more article!!

Kcchongnz: Nice article. Anyway the dividend paid during the year (12+6+3+3 *1,163,000/5)= RM55.8mil. In my opinion, it should be included in the calculating in free cash flow. If included the dividend, the FCF is positve rm2.9mil during the year. Also, one of the reason VS priced so high due to they generous in paying dividend. Just for discussion. I would like to heard your opinion on this . I not holding this shares neither. Thanks you

So pro then write a article teach us how to invest la. If not using pe ratio, dont know about how they operate, dun know what is the currency rate now. Still talk crap.

Never see u write a article to recommend any stock but keep on go in other ppl thread and act like pro. Using book name not mean that u r pro. Kcchong is the expert not u.

Pe ratio not simple method? All not extraordinary gain not simple? Haha another crap thread. Talk so many bla bla by using warren buffett but tin kosong. Simple foreign exchange also wrong. Still wan act expert. U not kcchong. Dun simply use people title to talk like very pro. Read so many book but still how they operate business also dont know.

They goreng down make u scare. Then enter in low price. Welcome to the game boys

Muscle also same type. Last time keep on say this share cannot. Why change ur opinion when the share start to move?

haha alex chan and lukesharewalker who criticized so badly now turn to buy this share? u both really inconsistent with your opinion.

Congratz to strong holder of latitude!!

6.75!!!

Simplified the point from annual report:
1) Latitude want to open company that cut tree
2) Latitude want to open company to produce wood from the tree they cut
3) Using the ownself produce wood, they will create a new type of product. This is to ensure quality and cut cost. Hence in future, revenue will increased and cost will reduced
4) Now the cost of wood is very cheap. Hence they see this market and they want to enter the market
5) Spend RM35mil to upgrade or automated the machine so they can less rely on the low-skilled worker and increase efficiency
6) With the net cash position of over RM80mil, the company able to fund this expansion with internal source. This is the reason why their dividend is so low compare to other company.

According to annual report, the new factory which purchased completed on jan 2015 only start to commence business on may 2015

Alex Chan: please see the title on page 124:

THIRTY LARGEST SHAREHOLDERS/DEPOSITORS AS AT 30 OCTOBER 2015

FAINTED!!!

5.7percent Mr Koon,
0.55percent Fong Siling

Probably month end. Their accountant just finish doing annual report. They need time to do quarter report. Just like last year, previous year and the year before, the result most probably out on 27, 28, 30 Nov.

Anyway I added my position again just now after i saw the future of Latitude.

No need to wait RM6 already. Haha

So they plan to use money for upgrade or automate existing production line. Also to acquire "raw material company" to provide latitude raw material in vietnam. So this is the reason why they dun wan to give more dividend.

In order to reduce reliance of low-skilled labour and to improve production efficiency, the Group has allocated RM35.0 million to upgrade or automate existing production lines with advanced automation and state-of-thear technology machinery.

In order to manage quality and stability of supply of raw materials, the Group plans to expand its upstream operations especially Kiln Dry and Saw Mill facilities to meet the raw materials requirements of its existing furniture plants in Binh Duong, Vietnam and Selangor, Malaysia. The newly acquired panel board lamination
factory will provide new varieties of raw materials and will help to mitigate reliance on solid woods. It also allowed the Group to diversify into new industry and new type of products.

92% sales from USA from FY2015 revenue

Good. Please drop to RM6 before result out. I can collect more

sien shah alam. No transport. If nearby KL area then still can take taxi..

so weak heart then dun invest in so called "cold stock". Hahaha

i dont know why go down. Probably due to panic sell as no ppl support on buy side. Just push down la. I dont care. I care about result. As a value investor, drop mean buy more. Result out in 13days. Nothing to panic about XD

alex chan and lukesharewalker: just wait 13days then u will know. You just empty talking here haha. My position still same. Topup once reach rm6 and no position changed now.

Dun talk when result did not come out. Result come out everything will be clear. Dun wan enter now then dun enter. Real investor enter when on discount. Nvm just wait another 13days the most.

Because it is really strange. The other revenue only start to incurred every quarter after the announcement of acquisition of new factory. The revenue in malaysia did not increase alot but other revenue increase 7mil while profit 3mil. I wonder the new factory used to generate the other revenue. It make more sense

Catalist: can i ask u what is the others revenue stated in the notes to financial statement in A13 Segmental Information. They enter into new business? Seem like already last for 3 quarter and the profit margin not bad for that. U know about it?

Good muscle. On behalf of your brokerage we thank you for your easy brokerage fee.

Ayoyo: haha funny busy counting money. I like this one!! Give you a like

ya crazy change hand on RM6.58 on between 10am to 11am

I guess rosmahmansur is right. Lukesharewalker currently holding latitude share.

As always.investor always tend to scare themselves when the share price not moving or drop from the newspaper news that might be also the cause of the drop of the share. But in reality it did not happen and they always scare themselves. Just be calm if u think is good.

If no news come out, why you scare? Why other furniture stock moving?

Only latitude affected from china manufacturing eating margin? Liihen, pohuat, hevea and flbhd didnt affected? Then why?

Hevea also involved alot of business in China. Then why the share price keep going up?

The only reason it is not moving is some big shark is selling.

If quarter result did not come out yet, still do not speculate on whether the company business is doing well or not. From the last fews quarter result you can see this is not existing at all.

Order drop? When u get this information from?

Fight for margin? U sure latitude fighting for margin? There is a lot of "general news" come from newspaper said that china companies are fighting for margin. But are you sure latitude are involving in this things?

Then why hhgroup up so much as the company involved in alot of china business as well?

I only agreed with your 1st point which is big fish selling

lol muscle i though u dun expect the result drop? Anyway welcome on board

This share the only bad thing is the dividend yield. Other things is ok for me. If high PE, i wont invest in this share. But since the PE ratio is so attractive, hence the weaknesses can be ignored