Posted by Jon Choivo > 2018-01-30 12:01 | Report Abuse

I somewhat prefer liihen, not as undervalued, but management appear more competent and is more shareholder centric. Except they have very undemanding valuations. Also, with rubberwood export banned in malaysia, should be a big plus for them.

Posted by Jon Choivo > 2018-01-30 12:08 | Report Abuse

Either way, i hold both, with liihen being a bit bigger. Will probably buy more liihen next month.

Posted by yfchong > 2018-02-19 20:37 | Report Abuse

Semarang keeps buying.....maybe Ada kang tau

Posted by Flintstones > 2018-02-26 17:42 | Report Abuse

Oh dear. That is why we dont invest with a rear view mirror

Posted by yfchong > 2018-02-27 06:58 | Report Abuse

hope already price in.... else.......

Posted by jibbie > 2018-02-27 08:57 | Report Abuse

samarang really buying for long term. profits dropping and i dont see it going up in near term

Posted by deepsea > 2018-02-27 10:45 | Report Abuse

Val-Elta, you are wrong. Latitude's Vietnam factories hardly buy rubber wood from m'sia (very minimal) as their factories in Vietnam can easily source rubber wood from Vietnam and Cambodia.
Their Malaysia's sawmill plant has problem of securing logs as Felda, Felcra and Risda plantations are controlled by corrupted officers and brokers.

Posted by Val-Elta > 2018-02-27 10:55 | Report Abuse

Actually rubber wood export from malaysia to china/vietnam was increasing also, until the gov started the rubberwood export ban. But fundamentally, can't defend the company also la... their margin compressed by so much, compared with Poh Huat who have operations in Vietnam too... so, yeah, I did cut loss a bit.

Posted by Val-Elta > 2018-02-27 11:00 | Report Abuse

Especially compared with Lii Hen, Poh Huat.. their sales to US, and their margin didn't go as bad as Latitud's can't really understand what else is happening.

Whilst its net asset will provide a cushion, maybe a bottom of 300-330 (Net cash+convertable to cash items is about 2.80 per share, it's totally crazy for it to go below net cash/convertable to cash value)

Don't expect any increase in share price until they managed to pass on some costs back to their customers/or gain new customers, or shift more of their sales from VN to MY.

This potentially could take a long time, 6 months to a year, but any turnaround in revenue, will result in them shooting back up quite fast... Latitud is a high risk/uncertainties, high gain type of stock d.

Posted by tah16600 > 2018-02-27 11:07 | Report Abuse

Technically the chart indicates it is in downtrend mode .So better stay aside cos we dunno how low it will go.

Posted by Tom > 2018-02-27 11:31 | Report Abuse

过1年后我可能会把latitud放进watchlist

Posted by yfchong > 2018-02-27 11:56 | Report Abuse

it is in icu..... now.

Posted by Babihutan88 > 2018-02-27 13:11 | Report Abuse

Rm3 soon

Posted by Babihutan88 > 2018-02-27 13:11 | Report Abuse

This few days will down another 20%

Posted by Davidl > 2018-02-27 13:18 | Report Abuse

Really?

Posted by Jon Choivo > 2018-02-27 14:38 | Report Abuse

Parkson, PMCORP, Insas, Puncak. They all trade below net cash and cash equivalents.

Trust me, things can get alot crazier. I'm not sure how my investment in latitud will turn out but ill just hold, only 5% position anyway. Still wondering if im stupid or not.

Val-Eita
Whilst its net asset will provide a cushion, maybe a bottom of 300-330 (Net cash+convertable to cash items is about 2.80 per share, it's totally crazy for it to go below net cash/convertable to cash value)

Posted by Edwardong53 > 2018-02-27 14:47 | Report Abuse

Any comments from their top Mgmt on this poor quarter performance ? Looks like the flood disasters in US and other countries did not bring any benefits to their financial performance

Posted by Garry Yong Chee Seng > 2018-02-27 20:50 | Report Abuse

Free fall again tomorrow...till almost same with liihen price.

Posted by Garry Yong Chee Seng > 2018-02-27 20:53 | Report Abuse

Dividen also didnt hv, mayb worst than liihen...

Posted by jibbie > 2018-02-28 06:26 | Report Abuse

as long as semarang keeps buying, it should cushion the impact of the drop in share price. but if they start selling..

Posted by yfchong > 2018-02-28 15:32 | Report Abuse

almost taper

Posted by deepsea > 2018-03-01 11:07 | Report Abuse

don't worry, poh huat and lii hen results will same like latitude as both like to copy/follow latitude.....

Posted by yfchong > 2018-03-03 13:45 | Report Abuse

if not samarang.......already match liihen share prices.... no more kit kat........

Posted by issac99289928 > 2018-03-25 19:11 | Report Abuse

the Donald Trump administration is considering tariffs on more than 100 Chinese products ranging from electronics and telecommunications equipment to furniture and toys.

https://www.politico.com/story/2018/03/13/trump-demands-aides-strengthen-china-tariffs-460416

Donald Trump ban on china furniture is good for Malaysia furniture industry.
soybean ban from china is good for palm oil industry.

Posted by goreng_kaki > 2018-03-28 16:17 | Report Abuse

PE

Homeriz: 6.99
Hevea: 6.82
Liihen: 6.29
pohuat: 7.04
Latitud: 8.83

market cap
homeriz: 203m
hevea: 439M
liihen: 463m
pohuat: 312M
Latitud: 345M

becareful latitud stil overprice now
if apply PE 7 only worth RM 2.80

Posted by yfchong > 2018-03-31 18:08 | Report Abuse

Long time in freezer... no need to see lah

Posted by issac99289928 > 2018-04-04 22:16 | Report Abuse

White House unveiled plans for tariffs on $50 billion in Chinese imports across 1,300 categories, with 25 percent levies on Chinese goods ranging from electronics, aerospace and machinery to phones, shoes and furniture.

https://www.washingtonpost.com/world/asia_pacific/china-fires-back-at-trump-with-tariffs-on-106-us-products-including-soybeans-cars/2018/04/04/338134f4-37d8-11e8-b57c-9445cc4dfa5e_story.html?utm_term=.e9a72f9a84d3

25 percent levies on Chinese furniture. a boost for Malaysia furniture industry.

Posted by lkoky > 2018-04-05 13:45 | Report Abuse

fire!!
http://www.theedgemarkets.com/article/latitude-trees-vietnam-subsidiary-suffers-us11m-loss-fire

Posted by goreng_kaki > 2018-04-05 14:13 | Report Abuse

gg

kebakaran

Posted by yfchong > 2018-04-05 19:48 | Report Abuse

Freezer n fire

Posted by issac99289928 > 2018-04-06 14:03 | Report Abuse

Trump threatens China with new $100 billion tariff plan

http://money.cnn.com/2018/04/05/news/trump-tariff-china-trade-war/index.html

donald duck is arrogant and won't back down.then God bless Malaysia furniture industry

Posted by albert787378 > 2018-04-24 10:55 | Report Abuse

a new list of Chinese imports to be taxed is announced in coming days.

a Reuters analysis of Chinese imports shows that to quickly reach $100 billion worth of goods to tax, Trump may have to target cellphones, computers, toys, clothing, footwear, furniture and other consumer goods.

http://news.abs-cbn.com/business/04/23/18/trumps-next-100-billion-tariff-dilemma-hit-wal-mart-or-apple-store

25 percent levies on Chinese furniture. a boost for Malaysia furniture industry.

Posted by issac99289928 > 2018-05-05 07:27 | Report Abuse

trade war is unavoidable if donald trump is in power

https://www.axios.com/exclusive-trump-vents-in-oval-office-i-want-tariffs-bring-me-some-tariffs-1513305111-5cba21a2-6438-429a-9377-30f6c4cf2e9e.html

Posted by jibbie > 2018-05-21 19:02 | Report Abuse

super lousy quarter result.

Posted by yfchong > 2018-05-21 21:05 | Report Abuse

Die die.... all region kaput...

Posted by Jon Choivo > 2018-05-21 21:54 | Report Abuse

Lower rev etc, but also alot due to forex gain in prev q, turn to forex loss in current q. Not fun i suppose.

Its about 5.5% of portfolio, i guess ill just keep. Might buy a little bit if it drops too much.

Posted by apolloang > 2018-05-21 22:10 | Report Abuse

3.00 kambing,

Posted by mamatede > 2018-05-21 23:06 | Report Abuse

siot,better sell if you hold this. Management cant control profitability and swing very volatile. Boo

Posted by trulyinvest > 2018-05-21 23:07 | Report Abuse

Rm2 coming

Posted by jibbie > 2018-05-22 10:32 | Report Abuse

cyclical stock. dont see profits going up for next 2 quarters

Posted by deepsea > 2018-05-22 11:11 | Report Abuse

good time to collect such quality stock as the results are at bottom already due decreasing USD over the past few 6 months.......
sign of USD recovering against RM and going to break RM4.00 again.......
their raw material businesses such as panel board lamination plant and upstream plants are enjoying good returns from the increase in the prices of raw materials........
If their share price continue to drop further, I believe the management will start share buy back some shares............

Posted by Flintstones > 2018-05-22 20:55 | Report Abuse

Better cut loss. Remember furniture stocks are cyclical. They are not as stable as consumer stocks like nestle. Exporters enjoyed good business for almost 3-4 years. I imagine their business will remain poor for the next 3-4 years as well. Timing is important. Avoid value trap.

Posted by Mark Goh > 2018-05-23 10:11 | Report Abuse

Finally, share buy back is announced!

Posted by Jon Choivo > 2018-05-23 11:56 | Report Abuse

That is nice.

Posted by jibbie > 2018-07-20 16:46 | Report Abuse

wow, all furniture stock fly today

Posted by kakashi > 2018-07-20 21:29 | Report Abuse

Cos they expect tariff hike on Chinese goods will translate into higher buying of Malaysia furniture
BUT is this equation really that simple?
Public investment already say these furniture will go up up up
Maybe next week it will really up when ppl chase

Posted by jibbie > 2018-07-20 22:36 | Report Abuse

strong USD should be good news for furniture company

Posted by Jkm32 > 2018-07-22 07:13 | Report Abuse

This counter is finally moving. Thank you Trump!

Posted by deepsea > 2018-08-28 17:15 | Report Abuse

bad 4th Qtr results.

Posted by xiaojie88 > 2018-08-28 17:17 | Report Abuse

first time turn red after so many years... GG