RHONG KHEN INTERNATIONAL BERHAD

KLSE (MYR): RKI (7006)

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Last Price

1.35

Today's Change

-0.03 (2.17%)

Day's Change

1.35 - 1.38

Trading Volume

42,000


9 people like this.

4,494 comment(s). Last comment by Dehcomic01 2023-07-27 09:47

rkgfantasy

1,187 posts

Posted by rkgfantasy > 2017-08-03 11:12 | Report Abuse

a taiwan guy sold 1million share i see from bursa~
wonder who is the buyer~

dunspace

348 posts

Posted by dunspace > 2017-08-07 20:52 | Report Abuse

It is just my own opinion. Feel free to give some constructive criticism so that I can learn more.

lloydlim

3,930 posts

Posted by lloydlim > 2017-08-08 01:29 | Report Abuse

Good sharing dunspace!

dunspace

348 posts

Posted by dunspace > 2017-08-08 08:03 | Report Abuse

Thank you! I wonder how can an article end up at the headline of the counter? Any idea?

lloydlim

3,930 posts

Posted by lloydlim > 2017-08-08 13:25 | Report Abuse

No idea, this is not penny stock, not much impact on retailers. Lagi pun u r not KYY, so wat make u think de price shall up after u posted such an article?

lloydlim

3,930 posts

Posted by lloydlim > 2017-08-08 13:56 | Report Abuse

Another interesting question now, sharks pull out their funds from penny tech stocks recently. Will they switch their funds back to those solid fundamental stocks like latitude now? Time will tell!

dunspace

348 posts

Posted by dunspace > 2017-08-08 15:19 | Report Abuse

@lloydlim

I don't care whether the price up or down after I post the article, that wasn't the purpose of the article plus my way of investing isn't short term. I was asking how to make my article tied in with LATITUD forum?

Solid fundamental stocks will always prevail. Time is the best friend of a good company.

lloydlim

3,930 posts

Posted by lloydlim > 2017-08-08 21:06 | Report Abuse

@dunspace

Sorry for misunderstanding of your intention, hope u dun mind.

nikicheong

2,379 posts

Posted by nikicheong > 2017-08-09 09:46 | Report Abuse

http://www.bursamarketplace.com/index.php?ch=research&pg=research&ac=197175&bb=200916

It might be undervalued but unlike some other wood based companies on Bursa, it has not capacity expansion to drive exponential growth in the coming quarters/years.

dunspace

348 posts

Posted by dunspace > 2017-08-10 09:00 | Report Abuse

In my opinion, even with 0% growth, the company is already fairly valued. Calculate P/E,net cash holdings and let's assume 0% growth for the next 5 years. I calculated it to be fairly valued at current price.

btw, thanks for sharing that research report

yfchong

5,759 posts

Posted by yfchong > 2017-08-16 22:12 | Report Abuse

habis

lloydlim

3,930 posts

Posted by lloydlim > 2017-08-17 13:46 | Report Abuse

Y? Not kit kat pop corn meh?

yfchong

5,759 posts

Posted by yfchong > 2017-08-17 23:15 | Report Abuse

so much negative..... comments... better stay away..later cone back kit kat...ok

Davidl

1,807 posts

Posted by Davidl > 2017-08-23 11:33 | Report Abuse

So cold here, Q result might b so so only...

林俊松

6,826 posts

Posted by 林俊松 > 2017-08-29 19:01 | Report Abuse

Q result drop~
Habis cerita~

jibbie

762 posts

Posted by jibbie > 2017-08-29 19:35 | Report Abuse

not good result. going to drop further tmw

yfchong

5,759 posts

Posted by yfchong > 2017-08-29 21:49 | Report Abuse

bye bye

lloydlim

3,930 posts

Posted by lloydlim > 2017-08-29 22:28 | Report Abuse

Omg! How kit kat pop corn?

chrisyap

615 posts

Posted by chrisyap > 2017-08-29 22:50 | Report Abuse

tomorrow got cheap sales here meh ? ha ha

chrisyap

615 posts

Posted by chrisyap > 2017-08-29 22:55 | Report Abuse

last q announces somewhere 30 May, price after annoucement is around 5.20 for the next few days..

this q reported lower profit due to additional 2.5 mil forex loss and additional 7 mil tax compared to last q, beside that the core earnings more or less same as last q, see how low it can go or panic sell .... think this stock is for value investor, kiki

lloydlim

3,930 posts

Posted by lloydlim > 2017-08-30 01:01 | Report Abuse

Let's c!

EdwinS3

53 posts

Posted by EdwinS3 > 2017-08-30 08:34 | Report Abuse

got seller also no buyer

dunspace

348 posts

Posted by dunspace > 2017-08-30 09:47 | Report Abuse

this counter people hold for long term, i guess that's why volume so low.

lloydlim

3,930 posts

Posted by lloydlim > 2017-08-30 12:52 | Report Abuse

Seems like well supported at 4.80!

yfchong

5,759 posts

Posted by yfchong > 2017-08-30 15:40 | Report Abuse

poor... poor poor... cheers guys...

dunspace

348 posts

Posted by dunspace > 2017-08-30 16:31 | Report Abuse

Market cap drop by 40million, annual net profits drop by 3.7million.

Gross profit

The Group has recorded higher gross profit from RM28.1 million in the preceding quarter compared to RM31.3 million in current quarter, representing an increase of 11.4%. The substantial increase was mainly due to the followings:

1) increase in sales of better margin products
2) better results achieved by upstream factories.

Net profit don't tell all the stories.

cherry88

980 posts

Posted by cherry88 > 2017-08-30 17:36 | Report Abuse

Something wrong with its Vietnam operation. Its profit margin drop to 9.6% from 11.5%, and tax shot up to 27% from 19%. Vietnam is its main contributor. This negative impact could affect its peer - Poh Huat too. Just take note. Poh Huat main contributor is also come from Vietnam.

dunspace

348 posts

Posted by dunspace > 2017-08-30 19:14 | Report Abuse

Regarding this, I guess it is best to call investor relation and ask.

cpng

1,575 posts

Posted by cpng > 2017-08-31 09:12 | Report Abuse

Posted by yewyin33 > Aug 31, 2017 05:37 AM | Report Abuse

Below is the email from Maybank broker Mr Soo Wing Hoe to confirm the trading of my nominee Yap Sung Pang who is my nephew, on 30 Aug 2017. Yap bought a total of 1,272,000 Jaks shares out of 1,480,000 shares traded the whole day.

Many uninformed and weak holders dumped their holdings as soon as they saw Jaks'poor 2nd Q result. They cannot see that JAKS will have to report the Rm 140 million from land sale and more profit from its power plant contract to generate electricity to sell to the Vietnamese Government for 25 years in the next 1 or 2 quarters.

The profit growth prospect is the most powerful catalyst to move share price. Smart investors will buy before the announcement of good profit and stupid idiots will sell before the announcement.

I hope more weak holders will continue to sell so that I can buy some more at cheaper prices.

Koon Yew Yin


---------- Forwarded message ----------
From: Soo Wing Hoe <winghoe.s@maybank-ib.com>
Date: Wed, Aug 30, 2017 at 5:08 PM
Subject: Yap Sung Pang BM060200: Trade Confirmation As At 30.8.2017
To: Yap Sung Pang <ispyap@gmail.com>
Cc: koon yewyin <yewyin33@gmail.com>


Hi Mr.Yap,

Refer to the above matter, the following trades done is as below:

Account BM060200:

BUY JAKS 1,117,600 units @ RM 1.3298

SELL LATITUD 35,400 units @ RM 4.8490

SELL HENGYUAN 20,000 units @ RM 7.5330

SELL SENDAI 60,000 units @ RM 1.1400

Account AQ8036:

BUY JAKS 155,600 units @ RM 1.3332


Regards,

Soo Wing Hoe | Assistant Manager, Private Client Services

yfchong

5,759 posts

Posted by yfchong > 2017-08-31 11:09 | Report Abuse

Sudah.... Clear line clear... Good fortune coming....,

lloydlim

3,930 posts

Posted by lloydlim > 2017-08-31 11:14 | Report Abuse

Good news to us! Hope KYY continues to sell his balance stock.

cheated

942 posts

Posted by cheated > 2017-09-02 03:53 | Report Abuse

Profit drop to 2013 level. How about share price compare to 2013?
https://klse.i3investor.com/servlets/stk/fin/7006.jsp

yfchong

5,759 posts

Posted by yfchong > 2017-09-02 09:53 | Report Abuse

pandai.... very good valuation... it is mechanic like science... does it has numbers to tell... any good stories.?

yfchong

5,759 posts

Posted by yfchong > 2017-09-05 16:05 | Report Abuse

bye bye... need to be frozen in ice box... keep

Davidl

1,807 posts

Posted by Davidl > 2017-09-05 19:16 | Report Abuse

So sad...

jibbie

762 posts

Posted by jibbie > 2017-09-07 19:31 | Report Abuse

going to be a long time before we see it going up. Looks like downgoing cycle from now

cy91

397 posts

Posted by cy91 > 2017-09-08 15:44 | Report Abuse

why drop -.-

Davidl

1,807 posts

Posted by Davidl > 2017-09-08 19:27 | Report Abuse

Perhaps dunspace could gv some explanation later.

cpng

1,575 posts

Posted by cpng > 2017-09-08 23:37 | Report Abuse

why drop -.-

老koon 在卖票清货走人,天天卖不知要卖到几时,大家最好袖手旁观,才能买便宜货。

yfchong

5,759 posts

Posted by yfchong > 2017-09-10 19:29 | Report Abuse

until stable...

4444

1,799 posts

Posted by 4444 > 2017-09-10 19:31 | Report Abuse

RM likely to trade firmer against USD next week
http://klse.i3investor.com/servlets/fdnews/236690.jsp

yfchong

5,759 posts

Posted by yfchong > 2017-09-11 13:25 | Report Abuse

sudah tekan kau kau....

Davidl

1,807 posts

Posted by Davidl > 2017-09-11 20:46 | Report Abuse

So quiet...

yfchong

5,759 posts

Posted by yfchong > 2017-09-12 13:17 | Report Abuse

urayamakashi.... shizukana..

dunspace

348 posts

Posted by dunspace > 2017-09-19 18:33 | Report Abuse

only time will tell who will be the winner, in a short run market is a voting machine while in a long run it is a weighing machine. My view is that this company is still full of positives that overweight the negatives.

nikicheong

2,379 posts

Posted by nikicheong > 2017-09-24 14:06 | Report Abuse

Looks good. Can it fall to RM4.20?

nikicheong

2,379 posts

Posted by nikicheong > 2017-09-24 22:56 | Report Abuse

Expect a jump up tomorrow at open, as The Star has published a positive sector report. But then expect a selldown given the volume/liquidity being offered.

yfchong

5,759 posts

Posted by yfchong > 2017-10-07 17:39 | Report Abuse

no jump

dunspace

348 posts

Posted by dunspace > 2017-10-30 10:06 | Report Abuse

Realised something, the quieter the forum of the company, the better the investment opportunity and lesser speculators paying a high premium for their stories.

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