xinghe will only up went the asfar deal come in :( , have to wait long long time :( chinaman promise very hard to believe :( if deal done sure like rocket up up and away.
Ma Guoliang said he will buy more Xinghe after he confirmed you(M'sian) can push up Xinghe. It is not Xinghe no good but he fear lose his pants to crazy Malaysian who like to cut loss.
Ma Guoliang own 57% Xinghe. Do local stocks below 10sen have such huge major shareholding? That show how confident is Ma Guo Liang on Xinghe future prospect.
The market value of XINGHE on 30/03/2014 is RM210 million. However, XINGHE share price market value now is only RM140 million. This is definitely a huge discount !
After one more year of growth of peanut oil market, XINGHE should now worth at least RM210 x 3 = RM630 million taking into good reputation and appreciation in non-current asset revaluation value.
In China, peanut oil is popular and considered to be a fine grade of edible vegetable oil due to its nutritional benefits as well as nutty aromatic flavour which bodes well with Chinese consumers’ taste preferences. In tandem with the increase in China’s disposable income and standard of living as well as the growing awareness of healthy living amongst Chinese consumers, peanut oil is envisaged to gain wider popularity in China’s domestic market. (Source: IMRR)
Henan XingHe’s branded peanut oil is positioned as a premium quality peanut oil targeted at the middle to high income group. The company differentiates its peanut oil based on high quality control standards and competitive pricing.
Target price for 0095 XINGHE and 0095WA XINGHE-WA should be revised to RM0.400 and RM0.300 respectively since MORE THAN DOUBLE performance of 0165 XOX which current price is RM0.180 / RM0.185.
0095 XINGHE MINIMUM RM0.400 and 0095WA XINGHE-WA MINIMUM RM0.300 are still considered cheap as its Net Asset Value is around RM0.20 where as Net Asset Value of 0165 XOX is only RM0.0568. XINGHE market is China whereas XOX market is Malaysia.
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 > 2015-10-15 19:50 | Report Abuse
The next of xox... It will shooting once qr is amazing and serve with amazing dividend.