Shell has stopped paying dividend past 3 years. Why nobody bother about dividend?

Msports has been listed since 2009. Meaning 6 years Msports annual report has been verified by their auditors. If read KYY postings in Xinquan his cousin even verified cash in Xinquan as true so cash in Msports likely true as well.

Last 2 QR Msports report loss perhaps they want to give good bonus to employees hence high administration expenses. Perhaps they reverse it in 4th qtr QR? When no bonus(or cut bonus) Lin resort to selling his shares? Only he himself suffer loss(buying ESOS at 11 sen but sell only 4.6 sen) but no loss to company(Msports) from his action.

Msports in Taiwan still stable at TWD 4.20. Meaning Lin selling is to spend money for CNY sound logical and not anything wrong in Msports. Rather than asking for money from company, selling own shares is better for shareholders. Perhaps no bonus(cut bonus) for Lin?

http://www.bloomberg.com/quote/911626:TT

Now people clear why China counters in M'sia bad at paying dividend? Chinese is well known for "super stingy" hence offer only RM 1.80 for Shell.
Since Shell in trouble(heavy indebted) they have no choice but to accept it.

SSE(China) rebound today after touching 52 week low yesterday. Will Msports follow?

http://finance.yahoo.com/q?s=000001.SS

Erwin taking over is a high possibility. If he is the find out can he put Lin in jail?

Posted by PureBear > Jan 30, 2016 12:07 PM | Report Abuse

Another possible scenario:
If Lin sells all his shares then other substantial shareholder will take over the company & they will conduct a real audit & they may find out the discrepancy in accounting & Lin may go to jail!

That also not yet to include possible Permanis injection(why Erwin Selvarajah(Permanis CEO) bought last year) into Msports. See coming CNY many people are buying Permanis(Pepsi, Mirinda, Kickapoo) drinks.

Agree with show comments. Msports is shoes company whose customers is China 1.5 billion population. Sure their people can afford to spend RM 30-100(different qtr different people buying) every quarter whereas Ekran is construction company who need to fight with so many construction companies to get projects. So Ekran go bust but not Msports who is still cash rich.

Never pay any dividend worse than China counters at least some has paid before.
http://klse.i3investor.com/servlets/stk/annent/7195.jsp

Even high profit don't ever hope for dividend. Director also sell.
http://klse.i3investor.com/servlets/stk/annchdr/7195.jsp

Proof of RI but no dividend.
http://klse.i3investor.com/servlets/stk/annent/8907.jsp

Are you sure no need? Please ask those selling China counters whose companies also deliver high profit like EG. I checked EG also ask for RI but never paid any dividend.

Hotrod Who needs dividend when you enormous capital gain ?

Malaysian like to condemn China for cheating yet when in trouble(economy) likely to ask China for rescue. At least Xinghe has delivered and paid 0.2 sen dividend last year putting many local stocks to shame.

What's the point high profit(EPS)? Can pay any dividend? I doubt so.

What's the point high profit(EPS)? Can pay any dividend? I doubt so.

People only question why China stocks not paying good dividend. Why not same question on Hevea?

Good job robertl. I support you 100%.

malinfan posting I mentioned. Why XDL so special? Share manipulation here? Can be jailed like Repco Low.

Stock: [MSPORTS]: MULTI SPORTS HOLDINGS LTD
Jan 12, 2016 09:26 AM | Report Abuse
very obviously, the big shark push down the price this low, for those like me, who urgently need $$$ for this coming cny will sell to them ... this is a pre set-up ....... " NamoAmitabha "
http://klse.i3investor.com/servlets/cube/post/malinfan.jsp

Last transaction by XDL director is a sell whereas Msports is a buy. Meaning new director from i3 members? If yes please rewards us dividend not only bonus.
http://klse.i3investor.com/servlets/stk/annchsh/5156.jsp

malinfan said in Msports thread people are dumping shares because need money for CNY celebration. Why is XDL not affected?

If bonus add value to shareholders like what XDL do perhaps Msports should consider rewarding us 1 for 1 bonus as well.

Bonus is like a piece of cake cut into 2. Do we get more cake? I doubt so. Dividend is real money(reward) to shareholders not bonus.

show please time to time protect Msports. I own over 20 counters portfolio cannot entertain people like malinfan everyday. You can repeat my points here.

If that so why Lin Huozhi and Erwin Selvarajah(top 2 Msports shareholders) bought at 10 sen and higher last year but never sell?

If Pahang royal family make money through bauxite mining what business will Perlis royal family will inject into Kanger?

Last year XDL reduce par value to give free warrants. So this year Msports turn?

malinfan CNY is still a month away why sell now? One week(or 10 days) before CNY sound reasonable.

Wow XDL so expensive. Can give me dividend or the acct fake one?

China stocks has a habit of rewarding shareholders with free warrant. If those sell now can they get free warrant?

Just find out Mr Erwin Selvarajah(Msports no 2 biggest shareholder) background. He is formerly an accountant from KPMG before becoming Permanis CEO. So he believed in Msports account? Hopefully recent drop not due to his selling which we can know in few days time.
http://www.bloomberg.com/research/stocks/private/person.asp?personId=11325196&privcapId=10640071

Different is Erwin is running a company ie Permanis. Mr KYY only a paper shuffler not running a company although both are very rich.

cepatkaya1103 I agree with you. Hopefully people will look differently at Xinghe and other China counters if Xinghe keep their promise paying dividend for 2nd consecutive years because according to IPO 15% dividend policy is valid for 3 years. Those looking forward to another free warrant I think more likely next year than this year.

Despite numerous complain about China stocks in Bursa at least profitable Xinghe has rewarded shareholders with dividend and free warrants last year as attached. This is something not all local stocks can do even some of them more than 10 X Xinghe price.
http://klse.i3investor.com/servlets/stk/annent/0095.jsp

Attack back haters counters is one way.

walau is this a con company? Why no dividend or free warrant for shareholders?

Dividend, free warrant all nothing for shareholders. Why?
http://klse.i3investor.com/servlets/stk/annent/1589.jsp

Why IW City never pay dividend? Is this a horrow company to invest? Said made a lot of money but what shareholders get?

Last 2 qtrs.Frontkn reported loss and never pay any dividend or give free warrants why people can accept buying Frontkn but not China stocks?

When Msports give free warrants in 2014 to shareholder do they ask us any money? To us free warrants is free but not to company need to spend RM million for each exercise. If Msports really no money why they can give us free warrant?

You also can refer to latest Focus magazine(spend RM 4.80 rather than sell for heavy losses in Msports) what the analysts comment about Msports.

attached is Msports quote in Taiwan. Just calculate yourself how much Msports worth in Taiwan. This is the same company which deliver same quarterly result and have same balance sheet.
http://www.bloomberg.com/quote/911626:TT

M'sian investors are emotional and will sell even incur heavy losses but not Taiwanese which also list Msports. If Msports really in trouble major shareholder Lin HuoZhi and Erwin Selvarajah should know first and sell.

Some are privatised and relist back in home country since oversea investors don't appreciate them.

Posted by Ben Gan > Jan 1, 2016 12:29 PM | Report Abuse

China-based stocks are scary!!! Don't look at XinQuan alone, look at all those listed not only in Bursa, but in Singapore and US as well.

Why blame them(China-based stocks) only? Do all other stocks(cash rich and profitable) give dividend as well eg Comcorp, Frontkn, etc?

Posted by Ben Gan > Jan 1, 2016 12:29 PM | Report Abuse
China-based stocks are scary!!! Don't look at XinQuan alone, look at all those listed not only in Bursa, but in Singapore and US as well.

People talking bad about China stocks cannot pay dividend despite having so much money. At least Xinghe is better. Paid 0.2 sen dividend last year. 2016? 0.5 sen dividend forecasted.
http://klse.i3investor.com/servlets/stk/annent/0095.jsp

So what? You are not majority shareholder. Even KYY cannot question them. Want cash pile? Just takeover them like all the China companies listed in Bursa. Only then you can decide what to do with the cash.

rockycleft Even if the cash pile is real, you think it is there for you to share? Hahaha....

How can Xinquan give dividend when they also want RI? Want dividend buy Xinghe. 15% dividend policy until 2017.

If local stocks can be chased up for not paying dividend what is the fuss profitable Kanger not paying as well?

If i3 forumers richest man can buy Xingquan why I can't buy other China stocks eg Xinghe, etc? At least Xinghe has 15% dividend policy and has paid 0.2 sen dividend in 2015.