Posted by ct888 > 2014-11-21 20:39 | Report Abuse

This Con man invites his buddy Xie to join the shareholding at RM1 only for him to throw all the way down to 53 cts (xie stop throwing after that),then follow by panic investors who join in to throw to 35 cts. How to play with this con man? He is the only one who know how much xinq worth.

Posted by ct888 > 2014-11-21 20:41 | Report Abuse

It can be worth 5 cts or RM 5?

Posted by ct888 > 2014-11-22 08:05 | Report Abuse

RM5 not possible? Xinquan makes 11 cts per share last quarter and CIMB makes 10.7 cts per share last quarter. AND Xinquan in net cash position of RM1.6 per share, CIMB ?.
Everything possible with china man, 5cts or RM5.

Posted by ktsk88 > 2014-11-22 09:16 | Report Abuse

ct888, dream on man RM5?. All China companies are hopeless......either accounting frauds or goes busts. All these companies making tonnes of monies but never declared dividends.

So better don't touch.

Posted by JasonPoh > 2014-11-22 09:40 | Report Abuse

Pls read today's The Edge on how the troubles brewed in CSL. Xinquan is another China stock, so the same could have happen or already happened!

Posted by cktsiang > 2014-11-24 09:33 | Report Abuse

doubts aside, confidence building up over the wkends, will go in today

Posted by cktsiang > 2014-11-24 09:48 | Report Abuse

can explode then only exciting ho ho ho, Santa coming to town

Posted by cktsiang > 2014-11-24 10:24 | Report Abuse

Q so long also no one is throwing

Posted by saltedfish > 2014-11-24 11:43 | Report Abuse

Q at 0.35 ah?

Posted by cktsiang > 2014-11-24 14:37 | Report Abuse

eat 41.5 Q 40.5 what is the use to q at 35

Posted by ct888 > 2014-11-24 18:10 | Report Abuse

No volume at all after 2 day show. It means there is only one major buyer and one major seller only! Most likely one and the same.

Posted by sangharimau > 2014-11-24 18:53 | Report Abuse

Not 2 days show but one day only!

Posted by ct888 > 2014-11-24 19:15 | Report Abuse

Yes u right, 1 day show, 2 day high volume then quiet down

Posted by saltedfish > 2014-11-24 22:58 | Report Abuse

Come T4 on wednesday, back to 0.365 again, Lol

Posted by saltedfish > 2014-11-25 11:34 | Report Abuse

Already starting to wobble......

Posted by sangharimau > 2014-11-25 13:33 | Report Abuse

omg
http://klse.i3investor.com/blogs/somethingbighappenedinliihen/64936.jsp

Posted by talkrealreal > 2014-11-25 14:35 | Report Abuse

Selling out at $0.50 ? $ 0.60 ? Big discount to the cash pile !

Posted by sangharimau > 2014-11-25 17:36 | Report Abuse

Tomorrow even lower

Posted by SapuMalaysia > 2014-11-25 20:43 | Report Abuse

This stock is a joke; lowest PE i ever seen. EPS 31 cents, stock price 40 cents

Posted by saltedfish > 2014-11-25 23:08 | Report Abuse

Soon EPS 31 sen, stock price 31 sen. Lol

Posted by ItoldUSO > 2014-11-26 00:35 | Report Abuse

Only greedy fool buy this stock.

Posted by tasoke > 2014-11-26 03:18 | Report Abuse

o PER baru nak beli

Posted by talkrealreal > 2014-11-26 09:45 | Report Abuse

I can't imagine the stupid Wu will sell XQ for peanut, if the cash pile is really RM617m ....

Posted by cariyoyo > 2014-11-26 12:13 | Report Abuse

Buy if New York Bank of Mellon increases its stakes vis-a-vis last year. The annual report should be out either or tomorrow. The most imperative indication is whether this bank increases its stakes as Guan hoe has been trying very hard to convince them to invest.

Posted by fellatarjonga > 2014-11-26 12:21 | Report Abuse

The real owner of xingquan is not wu but his brother in law who lives in Macao. Can you imagine that the owner choose to live in Macao and not in fujian where his investment is? I have heard about the local officials who want their money from xingquan. Maybe something is brewing among the owner and some "owners" who are the previous or current officials in fujian. They could be the one who wants to sell out and they can do that with or without the approval of the real owner. I have mentioned thisuch earlier but was ridiculed by some idiots who think they are "mr. know all".

Posted by sangharimau > 2014-11-26 13:23 | Report Abuse

You may know a thing or two but you shouldn't belittle others to promote your point

Posted by sangharimau > 2014-11-26 13:24 | Report Abuse

If BNY buys there must have announcement. So far none and one should never scour through the annual report to look for one

Posted by cktsiang > 2014-11-26 14:10 | Report Abuse

all this pieces of zig saw puzzles are interesting and mind testing

Posted by dlsh2 > 2014-11-26 14:12 | Report Abuse

Hasn't been looking at this counter until I read rumour that it might be sold. A divestment at this price should be suicidal for the owner. Fellatarjonga said that owners can be local officials which can be true. But why at this price? Or can there be some private arrangements? Cariyoyo who has always been commenting logically in this blog can be right as well. Bank of New York Mellon is quite reputable and they can buy through Swiss proxies. So if the latest annual report does show foreign bank shareholders then something is brewing around this dumb counter.

Posted by fellatarjonga > 2014-11-26 14:57 | Report Abuse

The foreigners who went to xingquan factory were Germans who were interested on branding proposals brought about by xingquan. Nothing special. I have checked with my friends in china and they have heard nothing unusual about xingquan except for some delays in completing worker's quarters. So my wild guess is that this counter will continue to languish at 0.40 to 0.45 for year 2014. Dlsh2, cariyoyo works with Goldman Sachs Hong Kong.

Posted by saltedfish > 2014-11-26 16:28 | Report Abuse

Haha, and I work for UBS

Posted by saltedfish > 2014-11-26 16:29 | Report Abuse

FYI fellartarjonga, I know who are those who went to Huian to see Dato Wu, the executive chairman of Xinquan

Posted by saltedfish > 2014-11-26 16:29 | Report Abuse

Dont bullshit on the German doing branding crap lah please

Posted by saltedfish > 2014-11-26 16:30 | Report Abuse

Very soon some documents on the disposal as written by kcchan2708 will be posted online everywhere

Posted by saltedfish > 2014-11-26 16:31 | Report Abuse

In China, all you need is to pay some money and nothing can be secret

Posted by saltedfish > 2014-11-26 16:32 | Report Abuse

We just wait for kcchan2708's friends to show him some documents of Wu Qingquan disposing the company Xinquan for $0.50

Posted by saltedfish > 2014-11-26 16:40 | Report Abuse

@ @

Posted by cariyoyo > 2014-11-26 18:29 | Report Abuse

I do not know where fellatarjong got his info that am with Goldman. I am just a keen investor who wants everyone to be well informed of information if I do have them to share. I would like to tell everyone that xingquan may delist itself from bursa and list the company in Australia. I do not think that they will sell at 0.50 ringgit. Maybe aust 0.50?

Posted by sangharimau > 2014-11-26 20:11 | Report Abuse

Cariyoyo, a subsidiary of Xinquan is trying to be listed in ASX as someone earlier has said in this forum but it seems that the plan to do so has hit a snag in Australia as the regulators as well as the merchant bank there are not comfortable with the book.

Posted by sangharimau > 2014-11-26 20:14 | Report Abuse

This listing of a subsidiary doesn't involved delisting from Bursa. The confirmation to do so is supposed to come in November but I don't think it will succeed because of the "red chips" tainted reputation

Posted by TanSriDato > 2014-11-26 23:38 | Report Abuse

If you look at Mr Koon's wealth, you should realize that he is not a one trick pony. He may have some dry spells currently, rsawit is a bad call, Jtiasa is not such a good company and his investment in Xinquan is disastrous, and typical of a person who is over-confidence. However, do not doubt his ability to recover. He has done it again and again and he will do it again. With so much experience in business and investment, not that many people has such a good business acumen. Currently he may be making mistakes after mistakes because some of his fundamental assumptions may be flawed, and that will just happen to everyone. He has proven again and again in the past that given time, he will come back with a vengeance.
We should take his mistakes as a lesson.

Posted by saltedfish > 2014-11-27 09:49 | Report Abuse

TOP ARTICLES
1. XINQUAN Major Shareholder Selling Out? XINQUAN : What Is Brewing
2. [转帖] 人不成熟的五個特徵！！！不成長永遠無法向上爬… Good Articles to Share
3. SMRT - TP RM1.40 / MEGB - TP RM1.18 (by CIMB Head of Research) GEMs in KLSE
4. Would you give our Prime Minister RM4000 to invest for you? - Chak Onn Lau Good Articles to Share
5. DiGi.com - 17 年 3,819% 的复利威力 DiGi.com Bhd

Lol, top article! 好事不出门，坏事传千里

Posted by sangharimau > 2014-11-27 19:48 | Report Abuse

Dato Wu tu lan?

Posted by ct888 > 2014-11-27 19:49 | Report Abuse

Even if Xinquan want to sell all his stake, it could turn up to be good for the share price if he is selling > 40cts. The new guy who take over might just goreng up this stock.
What make so many worry he will sell below <40 cts. Even his proxy Xie also stop selling below 54 cts. Xie sold 2.5% shares from 73 to 54cts, avg selling price ~ 65cts, which is still much better than 40 cts now.
If Xinquan want to sell his whole stake for <40 cts, wouldn't it make sense for him to start disposing bit at least at similar price as Xie and not now 40cts.
Who know maybe he will sell all above > RM1

Posted by sangharimau > 2014-11-27 20:30 | Report Abuse

Ghosts only want this company for $1

Posted by ct888 > 2014-11-27 22:32 | Report Abuse

Yes u r right. Half a year back there were many ghosts who bought this at > RM 1.
Ghosts do exist in bursa

Posted by talkrealreal > 2014-11-28 00:07 | Report Abuse

Real jia lat for those who bought >$1

Posted by 1MtalkingKangkung > 2014-11-28 07:57 | Report Abuse

5 sen dividend before AGM

Posted by hamitouzhi > 2014-11-28 12:41 | Report Abuse

dividend? LOL ...

Posted by tasoke > 2014-11-28 13:01 | Report Abuse

mana ada cash, sdh di keluar lepas report keluar, ada cash di tujuk hanya report baru nak keluar.