Didn't expect so many ppl follow this counter...guess every has a keen interest in this counter http://www.theedgemalaysia.com/ business-news/287020-from-telco-to-edible-oil-producer-.html
Ring @ can u please read the big capital Xing Quan report as well Cash Rich n so wat price doesn't perform all the time n analyst keep give good comment n price drop all the way from rm1.9 to 0.9 current n also Msport every qtr profit n give out div so wat..so for me my opinion is that China Share not attract Msia investor..
Ya! true China companies in Malaysia not doing well n going for RTO. Xinghe is dealing in edible product n plenty of palm oil in Malaysia with a huge market in China. End of the day is the bottom line (profit). PP shares were well taken up. Cuscapi an edible buisness their shares was moving well, hit 53cts but dropped because Q report went red (due to capital expenditure)otherwise would be about 70cts. Power root went as high as 2.78 now 1.88 also edible product. B4 listing Xinghe guaranteed 15% dividen for 3 consecutive years with profit of 70m/yr for 3 yrs. B4 listing they are already planning to go to main board fast... very ambitious.
Don't be too rush buying in. Let those who bought the share before suspended (0.015) to sell their shares first. With around 150% profit, I am sure some of them will sell their shares. Wait until the price is lower then only enter.
To my opinion, for those who wanted to invest for long term (means in 3 years), the company already has a guarantee profit of 15% from XingHe. Also, the share price that Xinghe holding is around 0.20. So, they will not let the price below 0.20 for long period of time.
don't be crazy. total of 2.2 billion shares issued to new XINGHE shareholders (market news says that some of the shares are given back to existing Key West owners - under table). Imagine all of them become filthy rich overnight just bcos of the approval of restructuring plan. XINGHE is now worth 450 million .... ABSURB .... compare with KeyWest earlier with market cap of less than 10 million. Is XINGHE worth 450 million .?
MSHG are cheated, China compony paid 1.9 shares at 11.5cts to Keywest n the paid up capital of Keywest then was 445,4000 shares so who took the additional shares? By right Keywest share holders should have been given bonus issues. During the AGM, the share holders must have given a blanket approval.
Punters flushing out all weak players or those want to make quick gain, good luck to them. Announcements will be coming soon on their venture into SEA etc, price may eventually pass 30ct in mid term for those wish to hold.This may materialise after June.
Risk Trader why are u confusing ppl what PN17 r u talking about. Xinghe came clean without debt n promising dividen for 2013, 2014 n 2015 with a profit of 70m for the 3 years mentioned,
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....
RedEagle
3,194 posts
Posted by RedEagle > 2014-04-28 17:01 | Report Abuse
minyak masak mesti ok.. hari2 cooking..