Posted by Fortuneball > 2014-09-19 00:08 | Report Abuse

Now that Hevea is at all time high of $2.00 and still charging upward, Wikileaks must be making a killing in Hevea, considering he first called for buying of Hevea at $0.85 !

Posted by Fortuneball > 2014-09-19 00:12 | Report Abuse

Was told he bought 2 units of the new model Mercedes Benz C250 to reward his dealers yesterday at NZ Wheels

Posted by Fortuneball > 2014-09-19 00:13 | Report Abuse

And was told today he whacked Homeriz as well that sent the stock of Homeriz to a new RECORD HIGH with 10+m volume!

Posted by Fortuneball > 2014-09-19 00:17 | Report Abuse

If ever he is looking at Xinquan now, best to sell all your other stocks and CONCENTRATE on Xinquan!

Posted by dlsh2 > 2014-09-19 10:06 | Report Abuse

Mukah was correct that Xingquan registered heavy volumes the past weeks. Fortuneball mentioned that the guy who was selling like tomorrow never comes is Xie Zhidong. Fortuneball also added that Xie Zhidong average purchase price was RM1.30 and he is selling at RM0.60 which translated into a loss of RM0.70 per share. Well, Fortuneball said that Xie Zhidong sold his shares at a loss for reason(s) better known to him. Unless Xie Zhidong is so hard-up for money for other use(s), I do not see any palatable reasons for him to do that. Assuming he has 30,000,000 shares and he sells at a loss of RM0.70 per share, it would mean he dumped RM21,000,000 away. Ironically, he just got those shares like just 5 months ago. Obviously he is not a long term investor or he just found out the reason why he should just dump Xingquan.

I read Cariyoyo's comments and it sounds logical. But my view is that no one in Malaysia with the right frame of mind will buy Xingquan given the disturbing news on Chinese based stocks.

Posted by sangharimau > 2014-09-19 20:53 | Report Abuse

You must have been born in the year of Rat, dlsh2. Probably in the year of Swine as well

Posted by sangharimau > 2014-09-19 20:56 | Report Abuse

When you said...." no one in Malaysia with the right frame of mind will buy Xingquan given the disturbing news on Chinese based stock". If no one buy, then where come the volumes ?

Posted by TanSriDato > 2014-09-20 09:30 | Report Abuse

@dlsh2, do not look at things on the surface only. Please note Xie Zhidong also received close to 15m WA because of the free warrants issued on the 1:2 basis. This itself is already worth a few million ringgit

Posted by dlsh2 > 2014-09-20 12:23 | Report Abuse

Let us reconcile with two things here i.e. fact and fallacy and hope and false hope. In life, we will definitely meet up with people who will use facts to deduce issues and meanings while there are others who use fallacy. The fact put forth to us on Xingquan is the company has so much money but refuse to pay dividends to its shareholders which is the most important thing of investment. The fallacy to negate this fact is that the company wants to conserve cash for its future expansions. The second fact is that we have boozos buying Xingquan at RM1.30 and selling them by the drove at RM0.60. The fallacy to negate the second fact is that the shareholder wants to settle some personal committments with the sale proceeds. The third fact is that while the company has hundred of millions of cash it went ahead with a private placement which reduced shareholders value. The fallacy to negate the third fact the company executed the private placement to satisfy a shareholder. The fourth fact is that this shareholder dumped the shares after holding them for less than 5 months.

One can come up with all kind of excuses to justify an excuse. But no one can deny the fact that Ooi Guan Hoe being a director in Xingquan holds 35,000 shares only. If Xingquan is such a winner as some may want to believe it is, then why the hell Guan Hoe doesn't increase his stake to 35,000,000 at RM0.60 since he has all the information on Xingquan?

Let us not argue and produce false hopes to any potential investors.

Xingquan is a dud, period.

Posted by sangharimau > 2014-09-20 13:47 | Report Abuse

Well said, Fortuneball

Posted by sangharimau > 2014-09-20 13:54 | Report Abuse

Ooi Guan Hoe is only a director, that doesn't mean he has to buy 35m shares. This is hid personal matter,financially or private planning wise, whether the company is good or bad

Posted by sangharimau > 2014-09-20 13:56 | Report Abuse

If he has the money and he knows the company is as good as it represented, then he is a fool for not upping his stake to 35m shares

Posted by sangharimau > 2014-09-20 13:58 | Report Abuse

On the flip side, even if the company is as good as it represented but he doesn't has the money, how do you expect him to up his stake to 35m shares?

Posted by sangharimau > 2014-09-20 14:00 | Report Abuse

Who know he is now getting someone who has the money (wikileaks in this case) to mop up all the cheap shares in the market, as well as forcing all of Xie Zhofong's 30m shares out?

Posted by sangharimau > 2014-09-20 14:03 | Report Abuse

This theory collaborated nicely with the increase trading volumes lately, as well as the selling out by Xie Zhidong's shares on a daily basis. For me, something big must be cooking for the better

Posted by talkrealreal > 2014-09-21 09:05 | Report Abuse

Reasonable analysis tiger

Posted by ct888 > 2014-09-21 12:08 | Report Abuse

I not worry as long as no other major shareholder besides this Xie is dumping stock. As the circumstances this Xie take up the private placement and then sell in such short period of time is suspicious. Who know he maybe in collaboration w the big boss to ramp up & down the share price.

Those who want play this stock better has good holding power.

Posted by ct888 > 2014-09-21 12:26 | Report Abuse

Think of it this way, if boss Xing Quan himself want to sell shares he would offload it (>50%) after ramp up the share price first and not let this Xie sell down then he sell. He himself has invited this idiot to join the company just few months back

Posted by talkrealreal > 2014-09-21 14:18 | Report Abuse

ct888, you sound very familiar with candygirl aka Yamaha and the number gang (226688, R888 etc)

Posted by talkrealreal > 2014-09-21 14:19 | Report Abuse

Same modus operandi, create new IDs and then start posting negative comments

Posted by ct888 > 2014-09-21 15:51 | Report Abuse

CT is my name. 888 my lucky number. I m new w i3.
I not -ve or +ve with Xinquan.
I holds small this counter. Still monitoring

Posted by ct888 > 2014-09-21 15:55 | Report Abuse

I don sound -ve. Do I?
If Xinq ever hits bottom again 560/565, i will double up.
The risk is high but the reward could be much higher

Posted by Fortuneball > 2014-09-21 17:53 | Report Abuse

Forum should be inclusive of both Positive and Negative views. Just like my beloved Singapore

Posted by Fortuneball > 2014-09-21 17:54 | Report Abuse

But I will haunt those who abused this freedom.

Posted by R888 > 2014-09-21 22:46 | Report Abuse

Every post is negative by anyone else except the group of Apple polishers of wikileaks

Posted by talkrealreal > 2014-09-21 23:02 | Report Abuse

That is the basis of war : confrontation between 2 rivalling factions. And the Winner takes all

Posted by talkrealreal > 2014-09-21 23:03 | Report Abuse

We shall see whether Apple carriers or Sour Grapes win in the stock market

Posted by talkrealreal > 2014-09-21 23:04 | Report Abuse

... in the war by the name of Xinquan

Posted by R888 > 2014-09-21 23:12 | Report Abuse

“All war is a symptom of man's failure as a thinking animal.”
― John Steinbeck

Posted by talkrealreal > 2014-09-22 07:54 | Report Abuse

so Apples or Sour Grapes are all failed thinking animals since they fought everyday in the stock market

Posted by talkrealreal > 2014-09-22 11:36 | Report Abuse

Good support at 0.58

Posted by JENNY6888 > 2014-09-22 14:34 | Report Abuse

weak today

Posted by naughtygirl > 2014-09-22 17:10 | Report Abuse

Did you see how they slowing accumulate when others were forced sold today? Somebody is collecting cheaply at 0.575-0.58

Posted by rc15 > 2014-09-23 09:44 | Report Abuse

Good support at 0.57

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

Xinquan best of the red-chips.

Posted by rc15 > 2014-09-23 09:53 | Report Abuse

Next week may see good support at 0.55

Posted by rc15 > 2014-09-23 09:55 | Report Abuse

http://www.tradesignum.com/chart/xinquan

Posted by ct888 > 2014-09-23 13:29 | Report Abuse

Looks like Xie is not dumping below 0.58 . Time to go in?

Posted by ct888 > 2014-09-23 13:35 | Report Abuse

If u discount the sell volume by Xie, the sell down pressure is not much. Once the market see that Xie is no longer selling, price should pick up.

Posted by ct888 > 2014-09-23 14:14 | Report Abuse

One scenario i can think of is that the sole purpose the boss invite this Xie to join is for him to throw the share (of course the majority is bought back by his proxy) to press down the price so that he can later privatise the undervalued company.
He cant just throw his own share so he has to get this Xie to do the dirty work.

Posted by rc15 > 2014-09-23 14:28 | Report Abuse

Possible, maybe the boss wanna push down the prices to RM0.20 or even Rm0.10 and then he will privatise the company together with KYY and share the cash among themselves....

Posted by ct888 > 2014-09-23 15:17 | Report Abuse

Or maybe KYY is collecting down. u can see seller hesitating in dumping

Posted by rc15 > 2014-09-23 15:54 | Report Abuse

Possible also, maybe KYY wanna buy another 10% for his great grandchildren

Posted by naughtygirl > 2014-09-23 18:06 |

Post removed.Why?

Posted by rc15 > 2014-09-23 19:02 | Report Abuse

No choice,not easy to find another big water fish like kyy.....must do some hard sell here...

Posted by saltedfish > 2014-09-23 20:08 | Report Abuse

Got仙家令also got 水魚, this stock is getting exciting now

Posted by saltedfish > 2014-09-24 13:33 | Report Abuse

Maybank selling

Posted by saltedfish > 2014-09-24 15:26 | Report Abuse

Maybank stop selling liao

Posted by rc15 > 2014-09-24 15:53 | Report Abuse

Good support at 0.555

Posted by rc15 > 2014-09-24 15:58 | Report Abuse

Tmr may see good support at 0.545...