Posted by apolloang > 2018-08-28 17:20 | Report Abuse

apa ini loss also price can so high,tipu ar?

Posted by lazycat > 2018-08-28 17:22 | Report Abuse

wa... holland liao

Posted by Patrick13 > 2018-08-28 17:32 | Report Abuse

If excluding PPE & stock written off amounting to 14,464, PBT shld be 5,744 instead of loss of 8,720. The only thing is they cant estimate insurance claim as at today otherwise they shld include the compensation into other income as well.

Posted by Jon Choivo > 2018-08-28 17:33 | Report Abuse

Lol hahahaha.

One off loss due to fire, PPE etc written off and forex loss. Oh well.

Posted by Data5000 > 2018-08-28 17:33 | Report Abuse

Also many people like , HaHa

Posted by Jon Choivo > 2018-08-28 17:34 | Report Abuse

if it drops too much, ill probably buy a little more.

Posted by Outliar > 2018-08-28 17:51 | Report Abuse

Oh boy

Posted by Ku2016 > 2018-08-28 18:02 | Report Abuse

Holland Lio.....30% drop tomorrow

Posted by jibbie > 2018-08-28 18:03 | Report Abuse

wow.. very poor result. what happened

Posted by jibbie > 2018-08-28 18:16 | Report Abuse

the worst is over for lattitude says director.

http://www.theedgemarkets.com/article/worst-over-latitude-tree-says-director

Posted by shareinvestor88 > 2018-08-28 18:49 | Report Abuse

Sell AND run

Posted by apolloang > 2018-08-28 18:53 | Report Abuse

worst is over from profit turn to loss? tipu punya director,tomoro very red....hehe

Posted by lkoky > 2018-08-28 19:08 | Report Abuse

walao!!! no eye c

Posted by Data5000 > 2018-08-28 21:06 | Report Abuse

I think limited down

Posted by WarrenBuffalo > 2018-08-29 00:18 | Report Abuse

Not necessary, this company big loss due to Fire Incident this quarter. Causing Inventory and plant write off rm13.9 Million, which is one off expenses and might able to get claim from insurance in coming quarters.

Posted by kakashit > 2018-08-29 08:16 | Report Abuse

When got fire? not announced one?

Posted by deepsea > 2018-08-29 09:14 | Report Abuse

Warren B,
you are good reader, able to analyse properly...…..unlike others who failed to read properly...…hmmm due to poor understanding of English???

Waiting to collect from today onward, hopefully there are many stupid sellers who failed read properly.......

Posted by Data5000 > 2018-08-29 10:05 | Report Abuse

Semua orang bodoh baru u pandai

Posted by cherry88 > 2018-08-29 10:41 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5796985

Posted by deepsea > 2018-08-29 12:25 | Report Abuse

real stupid to think limit down

Posted by jibbie > 2018-08-29 13:21 | Report Abuse

drop not too bad

Posted by deepsea > 2018-08-29 17:54 | Report Abuse

too many buyers were buying/collecting ...........the company manages to buy back few lots only.
Ha ha ha ..........anyway, few kiasi/stupig fools sold at below 3.20........thank you for selling below 3.20....he hee hee

Posted by Icon8888 > 2018-09-14 20:59 | Report Abuse

Buying new land in Vietnam to expand factory

Posted by Yael Jasper > 2018-09-18 11:54 | Report Abuse

Lets make it happen, keep on buying ! Slowly but surely yeah

Posted by yfchong > 2018-10-10 21:14 | Report Abuse

Ada 6 cts

Posted by yfchong > 2018-11-03 14:34 | Report Abuse

In bed room panel..

Posted by qmtronic > 2018-11-16 12:02 | Report Abuse

Good for punters

Posted by yfchong > 2018-11-18 11:16 | Report Abuse

Samarang units..... who r they.... keep on buying mesti ada kang tau

Posted by deepsea > 2018-11-28 11:07 | Report Abuse

Good results compared to previous qtr (Q4/2018) Revenue increased by 23% and GP increased by 54% to RM24.6mil.

Posted by yfchong > 2019-01-13 17:20 | Report Abuse

OK boh.... Can meet pe 15...?

Posted by neverlose > 2019-01-18 17:43 | Report Abuse

how will latitud do in 2019?

Posted by yfchong > 2019-01-20 06:46 | Report Abuse

Per 10 x eps

Posted by yfchong > 2019-01-27 12:31 | Report Abuse

New world....

Posted by yfchong > 2019-02-17 09:28 | Report Abuse

Need samarang

Posted by member41 > 2019-02-27 17:56 | Report Abuse

Result not bad and quarterly dividend 3sen :)

Posted by yfchong > 2019-02-27 18:42 | Report Abuse

Tears also drop

Posted by Ku2016 > 2019-02-27 21:21 | Report Abuse

PE...still very very high

Posted by yfchong > 2019-02-28 08:03 | Report Abuse

If can maintain eps 50 cts for F19... Good lah

Posted by commonsense > 2019-05-02 17:02 | Report Abuse

At first glance, investor would think that Latitud Tree has a very rich valuation at almost 20x trailing PE. However, if you look closely at their financials, the PE actually went up substantially due the the very weak quarter of 3Q18 and 4Q18 (FY end in June), where the company only managed to record a profit of RM2.4mil and a loss of RM13.4mil respectively.

FY19 seems to be a lot better given that market demand from US for furniture has increase substantially due to the US govt decision to imposed a 10% tariff on all furniture coming from China in the middle of 2018. Management has actually indicated that they were forced to reject some of the orders from their US customers due to the fact that they are already running at almost full capacity. At the moment, they only accept orders that commands higher profit margins which actually bodes really well for investors.

Given that more than 90% of their sales are for the US market, the strengthening of the USD vs RM would only help increase the margins even further.

Investors should expect a sharp rebound of the company's profit in 3Q19 (expected to be out this month) due to higher demands for higher profit margins products and also a more favorable forex exchange rate during the period (average 3Q19 for USD is 4.09 vs 3Q18 of only 3.92).

Total profit should reach at least RM50mil in FY19. At the current share price the company is being valued at only 7.5x PE. PB is also low at only 0.7x.

The company has a very strong balance sheet with a net cash position of RM123mil as of Dec 2018.

Best Regards.

Posted by commonsense > 2019-05-13 11:53 | Report Abuse

This company is actually a beneficiary from the escalation of the trade war between US and China. (Actually most furniture companies are beneficiaries. But in particular those with high US concentration sales like Lii Hen and Latitude)

65% of US import of furniture comes from china (amounting to around USD 30bil ) Since mid of last year most US furniture companies has started to diversify their value chain for furniture outside of China of which Vietnam is the main beneficiaries of this. The difference between Latitude and other Malaysia listed companies is that Latitude main plant is actually located in Vietnam. Since end of last year, the company had received substantial increased of orders from their US customers (US market consist of 95% of the group revenue and profit). This has forced the company to only accept high margins order.

refer to article: https://www.thestar.com.my/business/business-news/2019/04/11/trump-trade-war-turns-vietnamese-furniture-maker-into-a-winner/

Now since the tariff imposed by US to Chinese furnitures increased from 10% to 25%, investors should expect that there will be more orders from the US customers.

Anyway, investors should expect Latitude to deliver a substantial jump in profit for the next 2 quarterly result at least.

Regards.

Posted by RainT > 2019-05-18 12:12 | Report Abuse

LATITUDE kiamsiap in dividend

go invest in LIIHEN better , high and consistent dividend payment

Posted by yfchong > 2019-05-25 18:40 | Report Abuse

Ai ya...

Posted by RainT > 2019-05-28 17:15 | Report Abuse

LIIHEN profit can up

this LATITUD profit drop 189%

omg

Posted by EatCoconutCanWin > 2019-05-28 17:47 | Report Abuse

omg

Posted by yfchong > 2019-05-28 18:52 | Report Abuse

Die liau

Posted by pang72 > 2019-05-28 22:24 | Report Abuse

King of furniture.....

Liihen!!

Posted by swordwa2 > 2019-05-31 00:19 | Report Abuse

Administrative expenses increased by 2.7m(49%),from 5.6m to 8.4m. This amount is even greater than total loss in current quarter(2m) but there is no explanation provided in qtr report regarding the hike

Posted by yfchong > 2019-08-06 12:48 | Report Abuse

Good bye

Posted by shpg22 > 2019-09-04 12:46 | Report Abuse

Boss want change car to rolls Royce.

Posted by EatCoconutCanWin > 2019-09-04 13:10 | Report Abuse

result so good, why drop?