Posted by saltedfish > 2014-09-12 07:36 | Report Abuse

The last time when Hevea was <$1, all the TA "specialists" also talk off Hevea. Now, nine months later, you see what the shares price of Hevea, $1.93!

Posted by saltedfish > 2014-09-12 07:37 | Report Abuse

I rather follow wikileaks' footstep, like what sangharimau said, in this Xinquan. Hopefully can see $1.20 in nine months like Hevea

Posted by saltedfish > 2014-09-12 07:39 | Report Abuse

Anyway, I have been following wikileaks in Latitud, POHUAT, Homeriz and Hevea and made big $$$ this year

Posted by shawn1991 > 2014-09-12 16:15 | Report Abuse

how you get info from wikileaks

Posted by saltedfish > 2014-09-13 14:17 | Report Abuse

Go and follow his postings in all these stocks lor

Posted by saltedfish > 2014-09-14 11:24 | Report Abuse

Ho se liao!

Posted by matakuda > 2014-09-14 11:45 | Report Abuse

http://klse0.i3investor.com/servlets/cube/post/wikileaks.jsp

Posted by joeylee2013 > 2014-09-14 23:25 | Report Abuse

与官有缘先生的见面分享篇之二：官有缘近期的动作
from Kydarun
这一篇会以point form来分享，主要是官有缘先生近期的动向。

.......他在1.20买了TEOSENG，1.90左右全部清空。卖掉的原因是“三个月赚80%，哪里找？还不快点走人咯”
- 星泉Xinquan他一股都没动过，没买也没卖...............
http://klse.i3investor.com/blogs/kianweiaritcles/59887.jsp

Posted by joeylee2013 > 2014-09-14 23:27 | Report Abuse

Follow the master, buying tomorrow
Price $0.61 but cash per share is $1.77, all possible because of the negative sentiment on China companies listed here

Posted by JENNY6888 > 2014-09-15 12:04 | Report Abuse

Good volume so far depute bad market sentiment. Probably got something brewing @@

Posted by rc15 > 2014-09-15 12:06 | Report Abuse

Joeylee, maybe few weeks later KYY will tell somebody he disposed 75% of his Xinquan at Rm0.65 in Aug....

Posted by saltedfish > 2014-09-15 13:33 | Report Abuse

If KYY sells at 0.65, he will not only lose his pant but his face as well

Posted by saltedfish > 2014-09-15 13:35 | Report Abuse

As he has been telling the whole world to buy Xinquan

Posted by rc15 > 2014-09-15 14:34 | Report Abuse

He oredi lost all his face and reputation long time ago...Rsawit, Jtiasa, Mudajaya etc

Posted by rc15 > 2014-09-15 14:34 | Report Abuse

he told the whole world to buy all these....

Posted by rc15 > 2014-09-15 14:37 | Report Abuse

I wonder now still got people tried to promote counters using KYY' "reputation" in I3....are you guys just come back from Mars? Welcome home....

Posted by JENNY6888 > 2014-09-15 14:48 | Report Abuse

KYY made a killing in Teoseng. Mars intelligence!

Posted by rc15 > 2014-09-15 14:55 | Report Abuse

KYY owns more than 10% of Xinquan at one time at high price and lose like hell...Mars intelligence!! KYY brought lots of people to Holland by asking them to buy Rsawit, Mudajaya, Jtiasa etc...Mars intelligence!!!!

Posted by rc15 > 2014-09-15 14:59 | Report Abuse

http://klse.i3investor.com/blogs/koonyewyinblog/46374.jsp

This is the classic case of Mars intelligence...

Posted by cariyoyo > 2014-09-15 16:18 | Report Abuse

Mr. Koon is a savvy investor. He made millions when he picked up Supermax at an average price of RM1 and sold them at RM7 in 2011. Most of his winnings in Supermax were invested into Xingquan at an average price of RM1.30 but the highest price he paid for Xingquan was around RM1.60. I remember talking to him whether or not to sell Xingquan when it was trading at RM1.90 and he told me that more goodies will soon be coming and would be silly to sell. Thereafter Xingquan went falling like a stone. He added more Xingquan when it was RM1.40 something.

Today, he is still holding all the 30 million shares under his wife, children and his names. He wants to see what will happen to Xingquan. I remember he scolded Ooi Guan Hoe, a director in Xingquan as Ooi told him to buy Nestle if he is looking for dividends as Xingquan will conserve its cash for expansions. An analyst Nigel Foo was CIMB went with several savvy investors from Malaysia to visit the manufacturing facility in China. The entourage included KYY and they were all very happy with Xingquan's state of affair. I know of an investor from Sabah who conducted his own investigations on Xingquan which included talking to bankers in China, governors, government officials and workers working in Xingquan. The investor told me that he was satisfied with his investigations and decided to invest into Xingquan. He is still a major shareholder of Xingquan.

Both examples cited would give investors a little bit of confidence on Xingquan. However, I must remind all and sundry that if Xingquan is such a good stock then why his director, Ooi Guan Hoe is holding 35,000 shares only. At least he added 10,000 shares from the misearable 25,000 shares before. Maybe he took my advise that if you want investors to buy your share at least buy more for yourself. Otherwise who do you expect to convince. Nonetheless, Guan Hoe is a nice chap graduated from Harvard.

Posted by saltedfish > 2014-09-15 21:09 | Report Abuse

Cariyoyo, a very good write up on the interesting real incidents by KYY, Sabah investor (that must be Ricky Koh, a very3 low profile tycoon), as well as Ooi Guan Hoe.

You spoke with facts , unlike those who only tembak maliciously with no facts at all

Posted by JENNY6888 > 2014-09-15 23:49 | Report Abuse

The Board of Directors of Xingquan International Sport Holdings Limited ("Company") wishes to inform that further to the disclosure in the Company’s Annual Report 2013 under page 70 of item 8 re: Trade and Other Receivables, the deposit of RMB25,200,000 (equivalent to approximately RM13,146,840 at the exchange rate of RM1 to RMB0.5217) paid by Addnice Sports to the Vendor had been fully refunded to Addnice Sports following the Company’s decision to terminate the said acquisition due to the local authority was unable to complete the transfer of the land and buildings to the Company

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1740181

Posted by JENNY6888 > 2014-09-15 23:52 | Report Abuse

This Xinquan is different from the rest of Redchips listed on Bursa. Where others like HBGlobal has ran away with the cash, this Xinquan actually get the money back!

不要一竿打沉一船人!

Posted by rc15 > 2014-09-16 09:31 | Report Abuse

Meaning to say their Cash per share of RM1.50+ is real one? Betul-betul in their bank a/c? Not David Copperfield type?? At the current price of RM0.59, should ask Wikileak work together with KYY to privatise Xinquan and share the cash among themselves? Lauging all the way to the China Bank.......

Posted by rc15 > 2014-09-16 09:34 | Report Abuse

Shhhh....dont promote Xinquan that hard in I3 you guys...later affect the big plan of Wikileak & KYY.....keep it low....and let both of them makan senyap-senyap.....

Posted by saltedfish > 2014-09-16 10:31 | Report Abuse

Cash in the bank as carried in the balance sheet doesn't mean it is physical cash. It may be money in transit ie to pay creditors or debtors paid the company. Don't understand why sometimes people are so adamant in looking at the cash balance alone. Nobody will buy a company with only cash reserve without business revenue, the very source that led to Xinquan ended up with this cash balance

Posted by saltedfish > 2014-09-16 10:35 | Report Abuse

Who knows wikileaks is already accumulating the shares on the cheap now!

Posted by mukah > 2014-09-16 10:35 | Report Abuse

cariyoyo strongly promoted MPHB Capital several months ago when it was trading around RM1.75. cariyoyo appears to have some facts in his commentary. Could be a share analyst himself / herself?

Posted by sangharimau > 2014-09-16 10:37 | Report Abuse

The famous Warren Buffet said : Buy when others are fearful, Sell when others are greedy!

Classic on Xinquan!

Posted by TanSriDato > 2014-09-16 16:06 | Report Abuse

the cash of $1.77 per share and PER of less than 2 times is a steal, provided the FAS is real

Posted by sangharimau > 2014-09-16 19:04 | Report Abuse

Tansridato, Xinquan is the first mainland china company to be listed on Bursa in 2009 and Mr Siow Kim lun the former SC director was the independent director of Xinquan for 3 years until 2012 before he went off and retired for good

Posted by sangharimau > 2014-09-16 19:08 | Report Abuse

True, there may be some rotten apples china company on bursa like HBGlobal etc but as Xinquan was the FIRST, if itself is a rotten apple, it should have folded up and close shop long before the remaining 12 china company. To put in a simple reality, why would Xinquan hang on for so long if it indeed didn't have the $660m cash in the balance sheet?

Posted by sangharimau > 2014-09-16 19:12 | Report Abuse

And continue running like a healthy company which is subjected to more frequent and harsh criticism from the investment community? Really, if Xinquan is not what it claimed to have ($660m), it should just close up and spare itself from being cursed by the sceptic!

Posted by rc15 > 2014-09-16 19:47 | Report Abuse

There r people saying that kyy has quietly sold off his xinquan shares lately as they saw from climb itrade...can anyone verify on this?if that's the case its time for boss to look for new water fish....that's how wiki leak n salted fish team come into the picture....

Posted by rc15 > 2014-09-16 19:56 | Report Abuse

Anyway looks like all the team members r doing promotion on this counter here,maybe got some goreng activities soon....if kyy has sold most of his xinquan shares by now,then may have some chance to goreng......if kyy still hold his 10% shares,I doubt if the boss will be so kind to push up the price for kyy to escape......

Posted by rc15 > 2014-09-16 20:18 | Report Abuse

If kyy really sold most of his shares,just ask the boss to goreng now and come out with some nice stories such as possible capital return or dividend policy etc.when water fish in bursa c the price shoot up with high trading volume they would forget about everything and rush in to buy....however,u can't find another big n rich water fish like kyy who could spent rm40-50 millions on toilet paper...but can make rm4-5 million also good......

Posted by Fortuneball > 2014-09-16 23:15 | Report Abuse

I can confirm Koon Yew Yin still hold all those Xinquan shares. This is because he is deemed to be a substantial shareholders of Xinquan and any buy/sell, he is required by rules to disclose

Posted by Fortuneball > 2014-09-16 23:19 | Report Abuse

No one under the sun is so kind to goreng up a share to let some substantial shareholders to get out. I mean, why should someone step into the shoes of KYY to replace his painful holdings of Xinquan shares at an average price of $1.60+ ?

Posted by Fortuneball > 2014-09-16 23:24 | Report Abuse

KYY spent at least $55m so far and sangkut with Xinquan.
有点老貓烧须

Posted by Fortuneball > 2014-09-16 23:25 | Report Abuse

But I am sure he knows what he is doing.

Posted by Fortuneball > 2014-09-16 23:26 | Report Abuse

Having flown to Jinjiang, where Xinquan factories are based, not less than 3 times over the course of last 9 months

Posted by Fortuneball > 2014-09-16 23:28 | Report Abuse

And these were "surprise visits" without the management of Xinquan being alerted. And he returned satisfactorily, knowing fully well that his $55m investment is sound and safe

Posted by OptimusX > 2014-09-17 00:48 |

Post removed.Why?

Posted by OptimusX > 2014-09-17 00:49 |

Post removed.Why?

Posted by shawn1991 > 2014-09-17 01:40 | Report Abuse

Bearish Belt Hold. Time to cut lost babies.

Posted by rc15 > 2014-09-17 08:06 | Report Abuse

If kyy is still holding his 10% stake,then chances of goreng up is slim....instead,with all the dead fish team here,it could be time for the boss to sell his toilet papers at 0.50,0.40,0.30,0.20 etc...and I think he will be more than happy to do so.....

Posted by rc15 > 2014-09-17 08:10 | Report Abuse

Sangarimau,yr point of xinquan has yet to close shop as at today so their cash in bank is real sounds pandai n also yr high level of intelligence.....

Posted by rc15 > 2014-09-17 08:11 | Report Abuse

Wiki leak sure proud of you...

Posted by rc15 > 2014-09-17 08:54 | Report Abuse

http://klse.i3investor.com/blogs/kianweiaritcles/59939.jsp

Posted by rc15 > 2014-09-17 08:55 | Report Abuse

Extracted from the above link.....

The following are the ones that really piss you off. Their cash balance is in multiples of their share price, and some had the audacity to make rights issue. Very dubious, when things do not smell right, it is usually bad.

China Stationery 0.125 0.795
Maxwell 0.23 0.34
Xinquan 0.605 1.77
Multi Sports 0.225 0.522

Cash balance - OK, that is one portion of valuing a share, what is galling is that most of them trade at PER of around 2-4 x... that has to be the cheapest shares in the world, and many are backed by cash as well. If all is true, WHY AREN'T private equity firms and IBs offering loans and Management Buyout deals??? I am sure many have done their homework ... and almost just as many declined to proceed further. Whats up man?