Posted by Invest_168 > 2016-03-04 21:56 | Report Abuse

KYY is not normal investor, when Latitud drop to RM5, he will start to write and say he is collecting at low...immediately then he quickly make the share price up dramatically...then you will come in again to collect his distribution at high price and finally he can unload all his holding.

Posted by Invest_168 > 2016-03-04 22:00 | Report Abuse

See you at RM5 latitude.

Posted by Alex Chan > 2016-03-05 17:53 | Report Abuse

Seems to be quoted 4.06 today when you google

Posted by Invest_168 > 2016-03-05 22:46 | Report Abuse

大马1月出口按年跌2.8% 进口增
=> 电器与电子产品、油棕与木制品出口增加，增幅分别为2.6%、5.8%和12.2%

出口数据虽不好，但木制品竟然增加12.2%。。。。强！
星期一还是有人会乱丢的，因为马币硬起来了！

Posted by Jeff Lee > 2016-03-07 08:38 | Report Abuse

friends... latitude drop from RM 8.00 to RM 5.70, but if you realistically and logically think about it.. USD VS MYR only from 4.30 to 4.07. A 30% drop vs 5% drop.

It is almost like USD vs MYR go back to 3.00.

Do you think that is possible?

Posted by SC > 2016-03-07 08:39 | Report Abuse

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.

Posted by SC > 2016-03-07 08:47 | Report Abuse

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.

Posted by cpng > 2016-03-07 08:52 | Report Abuse

Dear SC,

Pls take actions.

Posted by Masked Rider > 2016-03-07 09:40 | Report Abuse

@SC.. is VS a small cap company?

Posted by leslieroycarter > 2016-03-07 09:43 | Report Abuse

Look like reaching bottom already

Posted by ganasai > 2016-03-07 10:29 | Report Abuse

what sc said is not bad. market really like this. people write blog, u think they are so free?

Posted by harta999 > 2016-03-07 10:39 | Report Abuse

12m low....

Posted by Lukesharewalker > 2016-03-07 10:42 | Report Abuse

Depends on MYR exchange, latitude is losing money by the day.
Maybe 5.50 will not hold.
Previous profits contain unrealized profits. Huge adjustments coming....

Posted by Lukesharewalker > 2016-03-07 10:45 | Report Abuse

MYR now 4.07

Posted by Lukesharewalker > 2016-03-07 10:51 | Report Abuse

Think NTA should be below 5.0 now

Posted by zzas > 2016-03-07 10:56 | Report Abuse

rm5.40 52 week s low

Posted by Lukesharewalker > 2016-03-07 10:59 | Report Abuse

If break 5.50, next support is 4.50

Posted by filidon > 2016-03-07 11:08 | Report Abuse

all export counter bleed like hell. Good collection.

Posted by aiboon > 2016-03-07 11:12 | Report Abuse

rm2.5 comming soon.

Posted by aiboon > 2016-03-07 11:13 | Report Abuse

MD good thinking...no split,no bonus.....else will drop to penny stock price..

Posted by trap44 > 2016-03-07 12:52 | Report Abuse

next support is 4.50, or 3.50

Posted by traderman > 2016-03-07 13:23 | Report Abuse

not bad ... still above 4 ...

Posted by skyz > 2016-03-07 13:47 | Report Abuse

nw RM strengthened to the 4.09 mark only, wait till it breach lower than 4.0. tat time lets see how export theme play counters will perform. by the way where is KYY hiding recently?

Posted by chewch > 2016-03-07 13:59 | Report Abuse

i still see RM weakening back soon....4.2 anytime by April

Posted by nanawang > 2016-03-07 14:12 | Report Abuse

when most of the ppl lost confidence and sell,it shld be the time to slowly accumulate. when most of the ppl hv cofidence and push up the price, it is the time big sharks unloading. no matter what , dont panic. it is a good co.

Posted by zzas > 2016-03-07 16:26 | Report Abuse

rm5.40 can start accumulating...what go up must come down. what come down, must go up..no way forever down..Buy!

Posted by filidon > 2016-03-07 16:34 | Report Abuse

if US job data improving. US will raise the rate. And FYI, Oil hardly go back beyond USD 40 because bloody hell US SHale gas player send this message challenge Saudi Arabia. ONce oil reach USD 40, they will be back . Celaka betul...

Posted by Jeff Lee > 2016-03-07 16:42 | Report Abuse

uncle koon sell like crazy... he is a big goreng person.. say the stock very good. when the directors don't agree to come out with share split, he is stuck. then he quickly sell his shares.

Posted by Jeff Lee > 2016-03-07 16:43 | Report Abuse

if it is not him, who is selling so heavily

Posted by leekh5555 > 2016-03-07 16:45 | Report Abuse

the management missed the opportunity to unlock their co.value..now only trade at PE 6x ..look really attractive

Posted by member41 > 2016-03-07 16:48 | Report Abuse

Reaching Nav level can get ready

Posted by zzas > 2016-03-07 17:11 | Report Abuse

lot of vulture eyeing this counter to snap at bargain..

Posted by Lukesharewalker > 2016-03-07 18:31 | Report Abuse

Slow death journey to 4.50 next....

Posted by goreng_kaki > 2016-03-07 18:39 | Report Abuse

price fall to the lowest at 30-Jun-15, the next support 4.5

Posted by Lukesharewalker > 2016-03-07 18:47 | Report Abuse

Alas, even give bonus nobody wants. Serve the management right.

Posted by lching > 2016-03-07 18:47 | Report Abuse

drop until cannot recognize mother.

Posted by gray > 2016-03-07 18:51 | Report Abuse

still ok. but later ownself also cannot recognised.

Posted by Invest_168 > 2016-03-07 21:44 | Report Abuse

Attention...oversold...oversold...

Posted by Mohd Fahmi Bin Jaes > 2016-03-07 21:51 | Report Abuse

not yet. rm strong, will be more down

Posted by Jeff Lee > 2016-03-08 08:46 | Report Abuse

Oil Prices Should Fall, Possibly Hard 07 Mar 16


Oil prices should fall, possibly hard, in coming weeks. That is because fundamentals do not support the present price.

Prices should fall to around $30 once the empty nature of an OPEC-plus-Russia production freeze is understood. A return to the grim reality of over-supply and the weakness of the world economy could push prices well into the $20s.

Saudi Arabia's Minister of Petroleum & Mineral Resources Ali Al-Naimi speaks at the annual IHS CERAWeek global energy conference Tuesday, Feb. 23, 2016, in Houston. (AP Photo/Pat Sullivan)
Saudi Arabia’s Minister of Petroleum & Mineral Resources Ali Al-Naimi speaks at the annual IHS CERAWeek global energy conference Tuesday, Feb. 23, 2016, in Houston. (AP Photo/Pat Sullivan)

A Production Freeze Will Not Reduce The Supply Surplus

An OPEC-plus-Russia production cut would be a great step toward re-establishing oil-market balance. I believe that will happen later in 2016 but is not on the table today.

In late February, Saudi oil minister Ali Al-Naimi stated categorically, “There is no sense in wasting our time in seeking production cuts. That will not happen.”

Instead, Russia and Saudi Arabia have apparently agreed to a production freeze. This is meaningless theater but it helped lift oil prices 37% from just more than $26 in mid-February to almost $36 per barrel last week. That is a lot of added revenue for Saudi Arabia and Russia but it will do nothing to balance the over-supplied world oil market.

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The problem is that neither Saudi Arabia nor Russia has greatly increased production since the oil-price collapse began in 2014 (Figure 1). A freeze by those countries, therefore, will only ensure that the supply surplus will not get worse because of them. It is, moreover, doubtful that Saudi Arabia or Russia have the spare capacity to increase production much beyond present levels making the proposal of a freeze cynical rather than helpful.

Chart-US-RUSSIA-SAUDI Incremental Prod MAR 2016
Figure 1. Incremental liquids production since January 2014 by the United States plus Canada, Iraq, Saudi Arabia and Russia. Source: EIA & Labyrinth Consulting Services, Inc. (click image to enlarge)

Saudi Arabia and Russia are two of the world’s largest oil-producing countries. Yet in January 2016, Saudi liquids output was only ~110,000 bpd more than in January 2014 and Russia was actually producing ~50,000 bpd less than in January 2014. The present world production surplus is more than 2 mmbpd.

By contrast, the U.S. plus Canada are producing ~1.9 mmbpd more than in January 2014 and Iraq’s crude oil production has increased ~1.7 mmbpd. Also, Iran has potential to increase its production by as much as ~1 mmbpd during 2016. Yet, none of these countries have agreed to the production freeze. Iran, in fact, called the idea “ridiculous.”

Growing Storage Means Lower Oil Prices

U.S. crude oil stocks increased by a remarkable 10.4 mmb in the week ending February 26, the largest addition since early April 2015. That brought inventories to an astonishing 162 mmb more than the 2010-2014 average and 74 mmb above the bloated levels of 2015 (Figure 2).

Crude Oil Stocks_5-Year AVG MIN MAX 6 FEB 2016
Figure 2. U.S. crude oil stocks. Source: EIA and Labyrinth Consulting Services, Inc. (click image to enlarge)

The correlation between U.S. crude oil stocks and world oil prices is strong. Tank farms at Cushing, Oklahoma (PADD 2) and storage facilities in the Gulf Coast region (PADD 3) account for almost 70% of total U.S. storage and are critical in WTI price formation. When storage exceeds about 80% of capacity, oil prices generally fall hard. Current Cushing storage is at 91% of capacity, the Gulf Coast is at 87% and combined, they are at a whopping 88% of capacity (Figure 3).

Cushing & Gulf Coast Inventory & Utilization 6 Feb 2016
Figure 3. Cushing and Gulf Coast crude oil storage. Source: EIA and Labyrinth Consulting Services, Inc. (click image to enlarge)

Prices have fallen hard in step with growing storage throughout 2015 and early 2016. Since talk of a production freeze first surfaced, however, intoxicated investors have ignored storage builds and traders are testing new thresholds before they fall again.

The truth is that prices will not increase sustainably until storage volumes fall, and that cannot happen until U.S. production

Posted by leslieroycarter > 2016-03-08 09:17 | Report Abuse

the least the comment better...

Posted by leslieroycarter > 2016-03-08 10:39 | Report Abuse

the exchange rate factor played a havoc in all exporting counters....the effect is real enormous...

Posted by Max Yong > 2016-03-08 10:46 | Report Abuse

It's so funny that the USD/ MYR rate still above 4+ and market still believe we can back to 3.7 era. Jeti is going to step down soon. Let see. If you are speculators then please shift to others counter.

Posted by filidon > 2016-03-08 10:58 | Report Abuse

you guy check russian lies back to previous oil crisis. they say one thing do another thing. the oil price no longer Saudi can control alone. US Shale play a significant role. did you all know that now US shale oil proven reserve is double of current world oil proven reserve ? You can google it

Our new born children won't be able to see the oil depletion crysis in next 100 years. let say 2116

low oil price benefit who ? it will be the highest consumer of oil and guess who is it ? America and China

Posted by Alex Lim Jun Xiong > 2016-03-08 11:03 | Report Abuse

I want to quit market lah.
Oil down, market free fall; now oil up, market also drop.
KLSE everyday got few hundreds counters drop.
How to invest like this?
Good fundamental also drop so much.

Posted by Jeff Lee > 2016-03-08 11:11 | Report Abuse

uncle koon is not a real investor..

he just like to push the price up and sell even if the profit is still doing well..

As long as he is earning.. pity all the minority shareholders

Posted by Jeff Lee > 2016-03-08 11:18 | Report Abuse

he himself think he is like a saint. but in fact he is not.

Latitude RM 7.00 he keeps ask people buy.. Even come out with a blog.

I trust that recent latitude heavy selling he sure sell a lot. If not, he can show us his transaction history for the past weeks.

He is almost like the top 5 shareholders of latitude. The rest normally dun sell because they are major shareholders and holding the company. Only he will sell..

Posted by skyz > 2016-03-08 11:19 | Report Abuse

KYY KYY, calling KYY, noble intention sudah pergi mana?

Posted by leslieroycarter > 2016-03-08 14:48 | Report Abuse

extract
Changes In Shareholder
Record shown he sold only 321,600...
not much at all....

11 Jan 2016 LATITUD KOON YEW YIN Disposed 321,600 - - - - - -

Posted by leslieroycarter > 2016-03-08 14:49 | Report Abuse

So , do keep on selling if u r not convinced.