China wuhan virus crisis and country lockdown is from December 2019 to March 2020.
After March 2020, china ceases lockdown and manufacturing plant all commenced, same goes to delivery of sales. Other countries mostly commenced lockdown from April 2020 onwards.
Based on audited financial statements, almost all sales are made in Hongkong and PRS, not other side of the world.
Also I also heard there are firms of proptraders going to push this XDL last friday, personally no harm trying 1 to 3k, better than buying 4D, because XDL always show W trend fluctuations.
Hi Omaha, pm you. I also heard that proptrader coming into XDL next, hopefully it is true, i gonna hold my stake for time being until reach its normal 0.9 to 1.2 level if safe.
Bursa Malaysia allows up to 30 June to perform quarterly reporting for all companies due to COVID19, same goes to all my other shares, we will not see any results until end of June.
Roger...Omaha... XDL had been oversold for many weeks already, good for those buddies hold with patient, prepare to rebound anytime.....XDL deserved for higher price 0.10-0.14...
Anything less than 0.10 is cheap to hold this stock. The management is shrewd, very good connection with China businessmen. Now China re-opens, growth insight for XDL.
Data showed China’s manufacturing activity expanded in May. Investors have been monitoring China’s economic data for signs of recovery in the country, where the coronavirus was first reported.
I heard XDL has started their mask production recently. China has billion of population. If they can sell mask to just 10 million of citizen each month, say they sell at RMB10 each mask, easy can earn RMB100M each month alone.
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....
Wong Kah Wei
711 posts
Posted by Wong Kah Wei > 2020-05-28 15:25 | Report Abuse
Cut loss cut loss.selllllll!