Guys, here's a follow up entitled "Xinghe is no Apple. Yet it's 14 times better." which caps my last article "The best run companies do not pay a single dividend" at http://klse.i3investor.com/blogs/princeanpauperstocks/79074.jsp . The same is made in response to kcchongnz, JT Yeoh et al.
Do not give high hope on this year growth. There is an article on The Edge Financial Daily with heading 'Xinghe faces stiff competition in China'. Per CFO, profit growth to be flat in 2015!
somemore, although market now big drop will not affect XINGHE so no worry will loss in paper or actual, as the share price is at bottom and really fair for the shareholder to accumulate for its rally show time soon.
During AGM, no one even bother to ask question about share price. Most of them were elderly people & I think they only come to have refreshments. Per CFO, 0.2 cts dividend is actual 15% of profit from Henan Xinghe but profit was partly set off against losses by other related Co. Dunno to believe or not?
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....
Ezra
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Posted by Ezra > 2015-06-29 00:08 | Report Abuse
Guys, here's a follow up entitled "Xinghe is no Apple. Yet it's 14 times better." which caps my last article "The best run companies do not pay a single dividend" at http://klse.i3investor.com/blogs/princeanpauperstocks/79074.jsp . The same is made in response to kcchongnz, JT Yeoh et al.