Big shark is scaring people to sell, so that they can collect more before pushing the price up later.

Just stay strong. Don't panic sell, that will lock in your losses.

Yes, contra players bought in last friday in high volume & high prices are now forced to sell at a loss now. Same as day traders.

Weak holders / contra players/ daytraders don't deserve huge profits. Collect more now before the next big move upward. Hit 0.14 by Friday.

Weak holders & contra players are exiting. No worries. It's a healthy pause in an uptrend. Will continue upwards after the weak holders are flushed out.

0.1 wall coming down. Buy b4 it's gone!!

Buy n HOLD!! sell only when it stops going up.

For the newcomers here, khatu & abba, 2 previous auditors BDO (Binder Dijker Otte) (2013 to 2017) and Afrizan Tarmili (2018) has confirmed the huge cash in XDL account. Download the annual reports n read.

Be patient.

"the stock market is a device for transferring money from the impatient to the patient" - Quote Warren Buffet

Many took profits at 0.85-0.9 last friday. Today many took profits at 0.95. In an UPTREND with high volume, they key to make massive profits is to LET YOUR WINNERS RUN. Many have sold carepls after it doubled from 0.3 to 0.6, and tripled from 0.3 to 0.9, only to cry later. If they had held on tightly to their shares and "let their winners run", they would have captured the whole uptrend to rm 4.00 to rm 5.00.

Don't repeat the same mistake with XDL. Hold tight to your shares until a plateau (distribution) is reached when shares will trade in range. Then you decide whether to be a long term XDL investor or sell it at maximum profit.

https://tradebrains.in/stock-market-cycle-stages/

It's only rumours. 2 previous auditors BDO (Binder Dijker Otte) (2013 to 2017) and Afrizan Tarmili (2018) has confirmed the huge cash in XDL account. Download the annual reports n read.

The keyword here is STRONG UPWARD MOMENTUM. go go go!!!

HOLD your shares to have LIMIT UP !!

Kopimilo, don't worry about that. Just look at your trading screen tomorrow. Xdl will shoot up possibly 0.1 early in morning. Once a stock breaks out from accumulation phase with extremely high volume (last week) and closed above its resistant, it's momentum is strong. It will continue upward. This is well known in technical analysis. Furthermore, XDL is currently trading at well below it's intrinsic value.

Previous 2 bonus issues were in January 2018 and January 2019. It's long overdue for bonus issue again, hopefully.

Guys, don't sell your shares, less supply, more demand, odds of limit up will be higher.

Low interest rates and presence of many new retail investors and young traders are other strong factors.

For those who have just joined, pls refer to my comments for the past 2 months for more info. I've posted lots of objective non-biased assessment of XDL while it was still in it's accumulation phase at 0.055-0.06.

I stock market, in downtrend, cheap can be cheaper, in uptrend, high can be higher. The key of making money is to ride the trend until reversal is confirmed. XDL has just brokeout from it's accumulation phase, now in ascending phase, it will run up & up until it reaches distribution phase where it plateaus.

This is a golden opportunity as XDL is a VALUE stock (NTA 0.8, cash per share 0.28, 5 yr DCF growth exit : RM 0.50, 5 yr DCF EBITDA exit : RM 0.34, consistent earnings for the past 5 years, quick ratio 8.59, low debt) now is also a GROWTH stock due to new venture into ppe/mask business with HUGE market in China 1.4 billion people. WHO world health organization has launched 'wear mask' campaign last friday. Another boost for face mask business together with demand for REUSABLE mask (more environment friendly) that XDL produces.

Huat ah everybody!!!

https://www.investopedia.com/trading/market-cycles-key-maximum-returns

https://www.reuters.com/companies/XIDE.KL/key-metrics

https://klse.i3investor.com/blogs/smartinvestor88/2020-08-05-story-h1511556670-XDL_5156_Another_Limit_Up_Counter.jsp

Here I want to share some info about XDL's ESOS coz there have been someone commented that the ESOS was to enrich the directors because they are the major shareholder. Here are the cut & paste from the ESOS announcement. (I believe not many people have read the whole documents from page 1 till the end).

2.2.3 Eligibility to participate in the Scheme
Any employee / director of the Group, excluding the subsidiaries which are dormant, shall be eligible to participate in the Scheme if, as at the date of the Offer to him / her (“Date of Offer”):-

3.2
Further, the Board after taking into consideration the past contribution of the directors and senior management of the Group and to encourage them to contribute further to the success of the Group, has decided to allocate not more than 70% of the Options available under the Proposed ESOS in aggregate to them.

Notwithstanding the above, the Board does not have any plans to allocate any Options
to its Directors at this juncture.

7. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS
CONNECTED WITH THEM

All Directors are deemed interested in the Proposed ESOS by virtue of their eligibility for the Options in their capacity as Directors and in respect of their specific allocations (where
applicable) as well as specific allocations to persons connected with them under the Proposed ESOS (where applicable). Nonetheless, the Board currently does not have any plans to allocate any Options to the Directors and there will be no resolutions pertaining to their respective specific allocation of Options as well as the specific allocations to any persons connected with them (where applicable) at the relevant Board meetings of the Company nor at the SGM to be convened for the Proposals.
If there are any specific allocation of Options to the Directors or to any persons connected to
them (where applicable) in the future, the Directors will abstain and continue to abstain from all Board deliberations and voting in respect of any specific allocation of Options to themselves respectively as well as the specific allocations to any persons connected with them (where applicable) at the relevant Board meetings of the Company.
Further, the Directors will abstain from voting, in respect of their direct and/or indirect
shareholdings in XDL, if any, on the resolutions pertaining to their respective specific allocation
of Options as well as the specific allocations to any persons connected with them (where
applicable) under the Proposed ESOS at a general meeting to be convened in the future, if
applicable.
____________________________

In short, the ESOS exercise was not done to enrich the directors. It's purely done for the benefit of other employees of the company.
MR DING PENG PENG and MS DING LI HONG have my respect.

Guys, XDL's ppe/facemask market is much much bigger than than Malaysian market. We are talking about 1.4 billion (1400 million) people in China vs 32 million in Malaysia. That is 44X. That's why I've been saying XDL is a potential 10 bagger since few months ago. Agree?

Cheers Rocket77. You defended XDL when people called Mr Ding as chinese conmen. Now I see someone calls him Lord Ding. Lol. You're the man.

Bros, chill everybody. Next week continue show. Hold tight to your shares. Less seller, more demand, the higher it will go. That's the way market works. Tp 0.14. Some say 0.3. You decide.

Rocket77, you are rewarded handsomely as I said previously. Those who listened to us are rewarded. Limhong & co , where are you ? Want to join the party?

Upward Momentum is very strong.

If you have missed the boat of glove counters, this is your chance. Buy before it rockets up up...

Hold very tightly to your shares. Wait patiently. May take few weeks to reach 0.14. You will be rewarded.

Can't limit up as long as the dumptrucks are here. These trucks dump 20-30 million shares each time. Need time to slowly absorb the shares again and again. But slow and steady wins the race. Stay strong guys, don't sell your shares now. I see many weak holders got scared & sell their shares the moment the dumptrucks dump their shares.

The dumptruck will eventually die off once their shares are depleted. The shares are finite.

Don't sell your xdl shares now. Wait for 0.14 fair value. might shoot to 0.2 to 0.3. Remember cash per share 0.28, NTA 0.8. This company makes profit every year. Now has a demanding product (mask & ppe). Thus it has both the features of a VALUE stock & a GROWTH stock which is a very rare find. Give it some time to run. Many have sold too early in other counters (glove) and missed a huge profit.

This ESOS issue is not new.
(Cut & paste from annual report as below)
An employee share option scheme (“ESOS”) was approved by the shareholders at the Special General Meeting held
on 10 April 2015, with the effective date for implementation on 17 April 2015 (“Scheme Effective Date”).
The ESOS shall be in force for a duration of five (5) yeas from the Scheme Effective Date, being the date of full
compliance with all relevant requirements stipulated in the Main Market Listing Requirements (“Listing Requirements”)
of Bursa Securities, and may be extended by the ESOS Committee at its discretion, without having to obtain approval
from the shareholders, provided that the initial period of the ESOS and such extension of the ESOS made shall not
in aggregate exceed the duration of ten (10) years from the Scheme Effective Date.

It was already there since 2015. What's the fuss?? Why people becomes paraniod about it and after the recent announcement, there was a bout of selloff.

Just focus on XDL's business, profit & intrinsic value and be VERY PATIENT. Now just sit still n watch the stock price climb slowly n steadily. You can't make big profits if you exit too early. Wait till it reach 0.12- 0.14.

Big shark n piranhas will crush 0.07 wall. No worries. Stay steady guys. Up up up towards 0.14.!!!

This lim hong is very irritating. Sudah la... Cukup la... Got nothing better to do is it?

Hoping for good news, high profit from mask & ppe business. Also bonus share 1:1.

NO more dumping at 0.06. megalodon has killed the dumptruck of 0.06.

fair value at 0.14

hold on tight to your xdl shares. Big shark's buying average is 0.067.
will likely to close at least at 0.07 the next few days. the big shark wont leave at a loss by selling back at 0.065.

break out from accumulation phase confirmed with furious buying with high volume !!!! cheers guys...

NOW THE REAL SHOW !!! ONE BIG BITE FROM MEGALODON. UP UP UP!!!

The more you complain about this stupid counter/conmen counter, the more you'll expose your level of intelligence to the world.

Also, there is no point in repeated cut&paste info about OTHER counters here.

Forums are for knowledge sharing and helping each other in filling gaps in information which will benefit everybody. Not for complaining, bashing & scaring people with twisted/inaccurate information.

Pls show a bit of maturity.

Deadline 31 August 2020 for annual reports only applies to companies with financial year ending March 31 2020. XDL's financial year ending has been changed to June 2020.

In simple analogy, XDL's current valuation is like a house worth 850 million with 500 million cash kept inside it, now selling for just over 100 million.

Guys hold tight to your xdl shares, it's a gem.

XDL is currently extremely undervalued.
Cash per share. Rm 0.28.
Book value per share 0.48
Quick ratio 8.59

https://www.reuters.com/companies/XIDEbi.KL/key-metrics

Nobody knows for sure, but I GUESS:

1. when the 2019 audited annual report comes out. This is because I see many are doubtful of XDL's account/authenticity of the huge pile of cash/worried by the change of external auditor. (Note that the external auditor AFRIZAN TARMILI KHAIRUL AZHAR also affected many other listed companies in bursa).
https://www.thestar.com.my/business/business-news/2019/11/25/sc-aob-fines-and-bars-audit-firm-auditors-for-12-months

https://www.sc.com.my/resources/media-releases-and-announcements/audit-firm-and-auditors-fined-and-prohibited-from-auditing

I'm very confident of the huge pile of cash in XDL's bank account. You can see the cash in bank consistently appearing in the audited annual report of 2018/2017/2016 and so on. Also note that these years accounts were audited by DIFFERENT external auditors. So, it's a reassuring fact. You can get the full reports in bursa Malaysia website.
https://www.bursamalaysia.com/market_information/announcements/company_announcement?company=5156&cat=AR,ARCO

2. When XDL reports its 3rd&4thQr2020 results which should have profit from mask/ppe business.

3. When any big shark decided to goreng this counter.:-)

For the rest of the investors here, when you have bought an undervalued stock, you just WAIT PATIENTLY. You will be rewarded when it breaks out from accumulation phase.

All xdl haters are simply impatient. Period. You cannot expect the stock to go up just because YOU, THE ALL IMPORTANT YOU, have bought the stock. NO. NO. NO. The stock market doesn't care about YOU.

Bahai4453, your comment was like '"i've bought the stock today, if it doesn't go up by next week/month/year, it's a stupid stock". This is pure lack of intelligence.

Dear pepero pepero, the market is not efficient in pricing a stock. Stock prices swings around it's intrinsic value. When it goes up, greed/euphoria rules, it overshoots above the intrinsic value. When it goes down, fear/pessimism rules, it crashes down way below it's intrinsic value.

This is the normal cyclical nature of stocks. Please go and read about stock market cycle, XDL has just completed it's markdown phase and is now at accumulation phase. you need to BE VERY VERY PATIENT and accumulate stocks here. this phase has the maximum opportunity. follow the early adopters, smart money managers, and experienced traders who buy at this stage. happy investing!!

https://www.investopedia.com/trading/market-cycles-key-maximum-returns...
https://tradebrains.in/stock-market-cycle-stages/

limhong & newn00b are the 'righteous one' & 'the saviour'. They have come to warn you & I and save us from chinese conmen with repeated cut & paste sad stories from other counters. But strangely, they only appear when XDL price is low. I wonder where were they when the price was up just few months ago?

When the price surged up from december 2019 to march 2020, why did limhong&co did not come n tell people that xdl is going to be delisted? Of course no, coz the stock is up & everybody was happy. Now the stock is low due to the march global stock selloff, people becomes pessimistic n scared. They let emotions take control n start to suspect this & that/fake account/chinese conmen/msports bla bla bla.... Nonsense. Invest with your brains, not your emotions.

Everytime xdl touches 0.065/0.07, the dumptrucks came and pushed the price down. Why the seller didn't wait for the price to go up further then sell? Who on earth in their right mind wouldn't want their stock price to go up n sell high.?? Think for a moment....
The only logical explanation for the dumptrucks at 0.06 is to flush out weak holders /contra players. So that, when weak holders are scared, those dumptrucks owners will collect more. Once enough accumulation is done, they will then push the price up back to it's intrinsic value.