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4 comment(s). Last comment by AyamTua 2015-07-14 20:49

Icon8888

18,659 posts

Posted by Icon8888 > 2015-07-06 09:40 | Report Abuse

I suggest lets not get ourselves confused by all these discussions about apple and bershire. Let me highlight one major point about Xinghe - their profit margin is too high. China is very competitive, nobody can have that kind of margin, unless it is owned by Xi Jinping

I used to ask a seasoned investor why he avoid china PLC listed on bursa, he said in a place where the bank account shows RM1 billion cash and later turn out to be faked, what else can you trust ?

xinghe has market cap of RM60 mil, it has net cash of RM200 mil.

The owner will let the company remain listed and not take it private ?

In real life situation, a company with market cap of RM60 mil and cash of RM60 mil, the owner would have taken it private already

RM210 mil cash sitting there and yet do nothing ?

ongkkh

220 posts

Posted by ongkkh > 2015-07-06 21:39 | Report Abuse

Excellent comment

Ezra

59 posts

Posted by Ezra > 2015-07-14 00:42 | Report Abuse

The following is an article entitled "Xinghe: it's time we learnt the facts and broke the 'China' myth bubble" at http://klse.i3investor.com/blogs/princeanpauperstocks/79830.jsp which I wrote in response to comments made by Icon8888 last 6 July 2015. Let's hope readers will be persuaded by published facts and merits rather than speculate on the credibility of a stock just because of its national origin. Xinghe maybe Chinese but it stands in a league of its own.

AyamTua

13,598 posts

Posted by AyamTua > 2015-07-14 20:49 | Report Abuse

hidup Ezra!!! must support Ezra!!! kikiiiikiiiii

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