Accumulating in cheap price 0.07 is worth now, place in FD better place in this xinghe shares, as the price is consider at bottom! And also in month of Aug can get RM2 for RM70 investment which 2 months worth almost 3% interest! Unless 1MDB issue make those retirement fund Company to declare bad debt for the hard earn money of the rakyat
bunnypro pls don so gancheong.... whole malaysia market is worst, without a good sign/news for malaysia or development news for the company or malaysia, currently will be maintain around this price, just be patient! Once the Factory is setup process with 80% completed, then will start to daily up up to the hill.... now just need patient and accumulate it!
Unless the factory set-up is a liar, then u have to cut cut cut immediately, if no, better sit and for the good news coming in the second q report out with the outcome of factory set-up process... then will be have show time...
@ gick891214 " try read the Quarterly rpt on consolidated results for the financial period ended 31 Mar 2015. Result announcement_2015.3.31.pdf Attachments.click on the pdf link
@john yeo : this stock is long term investment as you all know. The mother to is around 21 to 35 cents. The warrant will be around 11 and 24 cents. The prediction based on assumption of EPs 7 per annum.
@AyamTua.. I'm not totally monitor tis counter.. I bought it last time @ 0.085.. almost 3 months I think.. but now the price is 0.07.. not moving at all. so maybe I have to wait a year kot...
The research and analysis plus the quarterly results speak for itself, which gives this undervalued stock a lot of upside, and the current price is not reflective of its true value, both for mother share or warrant. Those with holding power should buy, this is one for the long term. Also at some point when the fed increases the rate, bargain hunting will draw investors to the penny stocks with potential...
What is the standard for investment, the actual return for the investors will bring the share price continuing move up ward.if Ma Guo Liang declare 15 % dividend for this year ,actual share price should be 20 cents,any way this year will declare higher dividend.No need to worry share price because company will continuing make high profit.
TP same as IFCA, review from time to time, possible in one year time after the operation in full run.... keep as for FD guys, lets moving forward to see a good investment return in one year time later!
BUY XINGHE 1000 lots (0.07) & XINGHE-WA 3000 lots (0.02), FD 1 years can return 300% at least.... hhahahaha
Guys, do not bother drop or up at this moment, keep for 1 years sure got good return then FD, but with the exclusion when the Greek Debt concern , War Concern , Natural Disaster Concern.. hahaha, then have to review to cut loss for depends on the circumtances...
chonghai I don't understand why you said numbers is not important where China stocks is concerned but for local stocks is a concern? Are you a bias person as well because the numbers are agreed by auditors.
Does anyone here plan to attend AGM next week? I suggest Xinghe should reduce its par value to 5sen and rewards shareholders with free warrant. The reason is XDL(another China stocks) jump 40% in 1 month after declaring 1 for 3 free warrant.
I think they should consolidate the par value from 0.10 to 0.50. It will be reducing from 2 billion to 400 million shares. It will easing the volume to push up the price in the future. Hopefully, anyone can propose this to management during agm.
For readers and those who're thinking about investing in Xinghe but are undecided due to the bad press that seem to colour discussions on Chinese stocks, here's a perspective on why fundamental investing matters http://klse.i3investor.com/blogs/princeanpauperstocks/78654.jsp
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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....
lclwyp
691 posts
Posted by lclwyp > 2015-06-15 09:52 | Report Abuse
0.07 buyers depleting fast. Heading south again???