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Latitude Tree reported a 2nd Quarter (ending December 2009) earning of 17.63 sens per share, which is almost identical with its 1st Quarter earning of 17.20 sens, that gives a half year earning of 34.83 sens. Can this means its full year earning is going to be 70 sens per share. With a net asset per share of Rm 2.95, the stock is rather cheap at today closing price of Rm 2.17.
If it can move above Rm 2.30 in its next run-up, its previous low at Rm 2.10 is the end of wave vi, then it is on its wave vii run-up.Latitude Tree reported a 2nd Quarter (ending December 2009) earning of 17.63 sens per share, which is almost identical with its 1st Quarter earning of 17.20 sens, that gives a half year earning of 34.83 sens. Can this means its full year earning is going to be 70 sens per share. With a net asset per share of Rm 2.95, the stock is rather cheap at today closing price of Rm 2.17.
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