Where is AyamTua? If he want to promote all his counters must target those in i3 hot counters like IFCA, Frontkn, etc. The people there are loaded with cash not people here.
Fancy seeing you here tkp1...we can always use an investor with eyes on the horizon ahead such as yourself...xinghe is like a seed which has yet to germinate...when the time's right...when market is ready to re-value it according to known facts and figures...anytime between now and March next year...it will break grounds and touch a new high.
Based on past PE trajectory, tp based on Q1 2015 results should rightly traverse between 24 - 95 sen per share and 14 - 85 sen per warrant. Much depends on how soon the market will wise up.
The spectre of Chinese 'too good to be true' stocks like I pointed before is blown out of proportion and do not apply to Xinghe whose audited fundamentals are as strong as if not better than CAP.
Apart from CAP, Xinghe has been in the news since March 2014 when it was reportedly the sixth largest edible oil manufacturer in China.
There was a good reason as to why Key West Global Telecommunications Berhad voted in favour of an RTO exercise by Xinghe's principal promoter. These fundamentals remain unchanged even today. In fact, they have broken new grounds with the latest Q1 2015 results.
The only reason it has yet to escalate is because someone or some people are brazenly cornering the market for the purpose of creating an artificially low priced environment in which they can accumulate a greater number of shares and warrants on the cheap.
A chance discovery by lclwyp has led us to conclude that persons unknown to us have been given exclusive passes to queue up orders even before 8.30am the standard time allowed for the rest of us to begin listing our orders.
This perpetuates an unfair incentive for the operators to repeatedly profit at the expense of the general market.
It's best Securities Commission and Bursa be notified to put a stop to these shenanigans that time and again prevent the general market from initiating or even sustaining a rally of its own that should have taken place last Monday of 1 June 2015.
Some may feel otherwise, but I feel an opportunity was lost and continues to be lost to this date as long as some of these operators are given unfettered access to queue orders before the 8.30am and so are able to beat the queue everytime market re-opens.
In fact, they're effectively stopping a rally from progressing to a new high through their stranglehold tactics.
Does this mean we will not see a rally soon in these coming weeks? The answer is a binary yes and no.
It's a yes, if market continues to believe that neither the news report nor financial results are worth the paper they're written on. Or no, the rally may begin earlier than expected the moment market wises up to the fact both the stock and warrant are grossly undervalued.
Let's hope reason will prevail in everyone involved so we may begin to see a more sensible trading season.
Company actual value will be net asset 21 cents ,if corner the price lower must replace back the volume... If share price strong rebound will facing great losses.
Seems like 0.070 will be down soon. However, based on the previous trend, someone will suddenly sell 80,000 lots again at the same price. Let's see if the history repeats
there are few way for xinghe future: a) convert into main board b) delisted from bursa c)accumulate before it will going up * future expansion at port klang for export edible oil *currency exchange to RM will benefit exinghe *higher profit and EPS
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gick891214
923 posts
Posted by gick891214 > 2015-06-06 17:40 | Report Abuse
undervalued share.... buy and keep in the fridge... go go go