no support means end of story.....
now sleeping mode.....
wait for q result see how.....

china stocks now hard to move up becoz lost investors trust already.......
perhaps sleep for 3-6 months or 1 year......

call warrant tak syariah daa

sorry not apft but AT

i agree....
this counter 1-3months hold......
the problem now is investors losing faith in china stocks....
that's the issue.......
we can see cap the big tycoons try to goreng but no support from investors......
same goes to apft.....
hmm.......
we need to stir up the investors appetite on china stocks......
the problem is how....
still thinking......

china counters all in sleeping mode....
due to the fact investors lost confidence in this counter.......
although have many good news gone case already liao.......
ipo's are stealing the show now.......

hold till month end...
if nothing just jump ship......

sharks aiming at this counter........
hold till month end......
sharks are circling the waterpark now......
later when they come there will be a humonguous feast where the sharks from Selat Malacca and South China Sea combine power.......

not profit taking but conta kakis......
they got no funds to cover on monday so today t+3 already if not force sell on Monday.......
i see the price minimum is 35 cents already......
hold till month end......

only xdl and cap moving......
the rest are cap ayam counters.....
be careful with cap the fund manager will take you in a hell of a ride if you enter at the wrong price......
xdl is much safer because the ride goes smoothly upward trend....
slow and steady....
don't forget xdl-wa too......

JF Apex’s Lee says what added to local investor fears was HB Global (previously known as Sozo Global Ltd) which, on April 29, said it was delaying issuing its annual audited financial statements for FY12.

The company slipped into Practice Note 17 status a week later, as external auditor Messrs Paul Wan & Co issued a disclaimer in the company’s financial statement, saying the firm “was unable to satisfactorily and independently substantiate the bank balance of the subsidiary company” of HB Global.

“They need to be more transparent in declaring their earnings and setting a dividend policy,” Lee says, when asked about the measures China firms should put in place to improve their reputation.

For full story, go to www.focusmalaysia.my, which also targets other Malaysian businesses.

Malaysian-listed China stocks see trade volume surge
ShareThis Posted on 14/11/2013 - 13:59
Lim Cian Yai
KUALA LUMPUR: China stocks on Bursa Malaysia have suddenly gained favour with investors.

Seven of nine listed counters have seen an increase in average trading volumes in the past month.

And market observers are perplexed by all the interest. Incidentally, the surge in trading volumes occurred after the three-day official visit of China’s President Xi Jinping to Malaysia on Oct 3.

The stocks are XingQuan International Sports Holdings Ltd, XiDeLang Holdings Ltd (XDL), Multi Sports Holdings Ltd, K-Star Sports Ltd, HB Global Ltd, China Ouhua Winery Holdings Ltd and China Automobile Parts Holdings Ltd (CAP).

The biggest gainer in trading volume over the last month was XDL, with a jump of 127.76%; followed by CAP, with 120.75% (see table). In terms of price, CAP was the biggest gainer, with a 27.94% rise; and XDL with 25%.

Two other Bursa-listed China counters – Maxwell International Bhd and China Stationery Ltd (CSL) – experienced some selling pressure, with their average trading volumes in the past month having slipped 54% and 36%, respectively.

The first counter to be listed on Bursa was XingQuan International, a Fujian-based shoemaker and sportswear manufacturer, which made its debut in July 2009 with an initial public offering price of RM1.71 per share.

“I have noticed a surge in trading interest in these counters recently, especially in XDL and CAP,” says a veteran broker. “Probably there are some speculative activities, leading to sharp increases in volume,” he points out, adding the trading of China counters is usually lukewarm.

In the case of CSL, the broker believes the decline in volume is associated with a disposal of shares by major shareholder Lead Champion Group Ltd. Lead Champion is controlled by CSL executive chairman Kwan Wing Yin and executive director Angus Kwan Chun Jut.

Despite the tanking share price, the two have been net sellers this year, resulting in Lead Champion’s stake in CSL being reduced from 71.85% in January to 23.43% currently.

On the other hand, CAP shares have been volatile. On Nov 7, the counter rose as much as 18.36% or nine sen to an intraday high of 58 sen in the morning session, before retreating 11.22% or 5.5 sen to close at 43.5 sen. This wiped out RM33 mil of CAP’s market capitalisation of RM294 mil the day before.

Head of research at JF Apex Securities Bhd Lee Chung Cheng concurred that speculation has lifted trading interest.

“To a certain extent, I think it relates to speculation activities by punters,” he tells FocusM.

“Some of these counters have announced some corporate exercises lately, such as CAP and XDL. However, I have no idea about the simultaneous rise in volumes for the seven counters,” he adds.

Footwear-maker XDL announced a rights issue on Sept 30 that included an issue of 322.66 million shares at 35 sen apiece, with free detachable warrants and bonus shares of up to 242 million. It has been reported that the company is in talks with Wal-Mart, the world’s largest retailer, about a deal potentially worth over RM100 mil.

CAP on Oct 3 proposed a private placement of 60 million shares and a bonus issue of 330 million warrants. It seeks to raise RM21 mil from the exercise, for working capital.

During Xi Jinping’s October visit to Malaysia, China and Malaysia inked a five-year strategic agreement to boost bilateral trade to US$160 bil by the end of 2017.

Last year, trade between the two nations reached an historic high of US$94.8 bil. This is also the fourth consecutive year of China being Malaysia’s largest trade partner; it is the fifth year running that Malaysia has been China’s biggest trade partner in Asean.

Lee, however, sees no relation between these anniversaries and trading interest in China counters.

Slumping share prices plus a tarnished corporate image stemming from the Singapore S-Chip scandal have steered investor interest away from China counters in the past few years.

S-Chips refer to China companies or companies with operations in China listed on the Singapore Exchange (SGX).

A number of S-Chips chose to list in Singapore either because they could not meet stringent standards imposed at home or they were too small to be considered.

With the aim of developing and enlarging its capital market size, SGX had wooed China companies to raise funds in Singapore. This led to a slew of China companies holding IPOs on the SGX; the public saw this as an opportunity to tap into China’s booming economy.

However, the performance of S-Chips fell short of expectations when a number of them were caught engaging in accounting fraud or suffering bankruptcy. And investors got their fingers badly burned when financial irregularities started surfacing in 2008.

JF Apex’s Lee says what added to local investor fears was HB Global (previously known as Sozo Global Ltd) which, on April 29, said it was delaying issuing its annual au

so what shall be the price of the warrant in the market now?
perhaps 30 cents?

so many goodies?
what do you think?
it's a clear fact this company's share going to rock!
i see mother share 69cents , warrant 30cents

i expect XDL quarter result end of this month going to be very good because they dare to give additional on the basis of four (4) Rights Shares for every twelve (12) existing Shares held and three (3) free Warrants 2014 and three (3) Bonus Shares for every four (4) Rights Shares subscribed for on the Entitlement Date.
this quarter result should be damn good for XDL!

now mother share discount 60%....when it was 0.345 = 40%
meaning to say mother can go 0.86cents = 100%
warrant should be 2.5x lower than mother if 0.86/2.5 = 0.345/0.35
warrant now trading at 0.14cents only.........target for mother 86cents and warrant 35cents
now,
mother 0.345
warrant 0.14
already done the math for you.....
it's up for you to decide.....
should buy or not?
it's your money and yours to invest or keep in the bank savings for a whole year with less than 1% return.....
decide wisely.......

sandra any idea when the exdate?

hold till month end......
then u will notice u will smile for the whole next December........

yeah

chill......
both must rise up together in tandem with the upcoming rights issues.....
smell big loads of money coming in soon.......

hold till month end

i also warrant not mother......
hold until month end sure cun

relax.....mother above 40 cents, warrant 15 cents

sandra your opinion when the ex date?

set and ready to fly

if 60cents, warrant 30cents huhuhuhu

if 48 cents, warrant should be 20cents worth value.....

if like that many will convert wa into mother.....
mother share will become less attractive.....
therefore to be in tandem with the price , both mother and warrant must go up together....
by month end mother 50 cents , warrant become 25 cents.......

great analysis pradeep......
buy xdl-wa more as there are lots and plenty of rooms to grow mature.....
buy xdl mother to get the free warrants

great move wintertime

great sandra.....
as your conservative tp 60-65cents for the mother does make great sense, so the current warrant should be around 30-33cents.....coupled with newly issued securities at the exercise price of 35cents......plus the deal with US shoemaker largest company worth USD100mill and the upcoming november q results......
wow!
prepare for the massive uptrend from today onwards.......

current warrant expired on 2015

i see, so sandra do u think the current warrant price should be above 20cents by then?

agree with you PerfectWin.........
perhaps could even reach 30cents due to the fact the new 2013 warrants to be issued is worth 35cents.....
therefore the current warrant 2012 in the KLSE price should at least be on the same par valued at least 30cents....
please correct me if i am wrong........

so many good news......buy warrant should reach above 18 cents by this month end

should be this month

XDL the shoe-maker is set to tie-up with America’s Wal-Mart Stores Inc which is also the world’s largest retailer in a RM100mil deal.

candlestick does not apply for this stock coz it's syndicate play......
just follow their flow and should be ok.....
this week should touch 50 cents.....
awaiting 2 major announcement from cap

we can see the trend, sharks accumulating fiercely at 43.5 cents and then they can not tahan accumulate also at 44 cents......
remember today the contra players also join......T+3
contra kakis will exit on next wednesday......
hope announcement out sooner.....

next week should have the SGM (special general meeting)
a week after that announcement of the entitlement dates of warrants to be listed in December at exercise price of 35 cents each

welcome

only the list of entitlement dates can boost this counter up up up
just hope they will announce earlier

if we sell now, we are just letting the sharks win for free.........
i believe next week could be major announcement

besides that, check out the company's financials damn good....
i believe it will be more than 50-60cents within this short term.......

refer to the listing announcement date somewhere in october......
download the pdf content.....
on the last bottom page they mentioned the month of November 2 major announcements to be made......
SGM (special general meeting on the issuance of the warrants)
List of entitlement dates

in December - the listing of the warrants each value at 35 cents......
that's why now, punters are not throwing, instead they are collecting........
i am not sure when the announcement but should be this coming 1-2 weeks.......

entitlement dates for the warrants to be announced soon......
perhaps next week.....
punters are in collecting mode now.....
warrant value at 35cents.....
so mother should be 70cents.....
now is very cheap

chillax

60 cents coming

tp 70 cents this short term.....

HIGH RISK HIGH GAIN