20% dividend policy established has been approved by AGM on November 2017, coming soon of company business and profit will continue growth and high dividend paid out to shareholder is possible....
I also notice that share ticket during weak market sentimental huge volume ticket has been accumulated by some investors and share ticket number has been significantly reduce in the market.
If this year company no bonus issue again and change to high dividend paid out to shareholder, performance of share price will going up fastest on next year
This china company major business is sport wear and garment manufacturing, they have their own brand product more focus on China local market and no export to oversea market, so China-Us war trade should not impacted the business growth. They also ODM manufacture to produce high end sport wear such international brand of Diadora, Armani, Zara etc. 70% Revenue from their own brand product and 30% Revenue from ODM sales.
HK Hong Seng investment company just log in 10% share as a substantial shareholder of XDL via warrant conversion. Issue price per share is RM0.16 so who bought below this price on weak market sentimental should be consider under valau and worth to invest this share. Don't worry about this china company, fundamental is extremely good . Just sharing information for those have a doubt regarding this china company.
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....
speculator1230
28 posts
Posted by speculator1230 > 2018-10-04 11:51 | Report Abuse
wa....13.5 sen really really cheap....it seem like the bottom line already....got the feeling want going up..next TP 0.20