Only XDL produce reuseable mask? Sit in car with family member also need to wear face mask? Believe that many will consider to use reuseable face mask as cost concern. XDL, it's time for you to show the power.
5156 XDL XIDELANG HOLDINGS LTD MULTIPLE PROPOSALS MULTIPLE PROPOSALS XIDELANG HOLDINGS LTD ("XDL" OR THE "COMPANY")(I) PROPOSED PAR VALUE REDUCTION; AND(II) PROPOSED ESOS(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Wow in the news again, already said china company come con money. See the chart also know trap ppl, no investors put money inside, only operator control and trap you. Boss goyang kaki at china, when no money he will push sell high again, then push low collect from u.
“The proposed par value reduction is to facilitate the company to be more aligned with the no par-value regime adopted in Malaysia, pursuant to the Malaysia Companies Act,” it said.
According to the Companies Act 2016, which came into effect in 2017, all shares of a company issued before or upon the commencement of the Act, shall no longer have a par or nominal value. "
ESOS is to make sure all its outstanding employees contribute more to the company by increasing it ownership feeling and increase the willingness to retent in the company.
Now many countries start to implement mandatory to wear face mask at public area, the demand of face mask will surge, so as the profit and share price foresee will be fly, XDL look at this opportunity to rewards it's employees, also can retain good employees to work harder for the benefits of company.
Production of PPE is going to start, this also help to motivate their employees to work harder to push for higher profit. Foresee big potential for share price to fly, then only employees willing to buy it
Many good company such as top glove also rewards thier employees with the same method, forrsee that the price of share will have potential to further grow....
It is good or bad, up to the market to judge. Lots of my friends start to buy in lots of face mask to keep stock now worried on shortage and price increased.....it is quite huge consumption if mandatory to wear face mark, many will choose reuseable or rewashable face mask to lower the cost. Is it good for XDL?
Xdl with no dividend or free bonus share, despite huge profit, cash not interesting enough. Other counter even sale asset such as land to give free bonus share to the loyal investors.
Will the which dumptrucks camping here with mountains of volumes will give up and chasing more profitable counters such as gloves and vaccine related. If it does, then dumptrucks will going to sell big cutloss, kind of selling pressure here. Dumptrucks is no no dumbest investor though.
As illustrated in Section 4 of this announcement, the credit arising from the Proposed Par Value Reduction will be transferred to the Company’s contributed surplus account. This contributed surplus may increase the distributable reserves of the Company, thereby allowing the Company greater flexibility in making distributions to the Shareholders in the future, in such manner as may be determined by the Board and as permitted by applicable laws. It may also be utilised to set-off against accumulated losses of the Company in the future, if any. Notwithstanding the foregoing, the Board wishes to highlight that it does not intend to utilise the credit arising from the Proposed Par Value Reduction for the purpose of any bonus issue exercises in the future. In this regard, the capitalisation for any future bonus issue exercises will be from XDL’s then available share premium and retained earnings. In undertaking the Proposed Par Value Reduction, the Group has also taken into consideration that the Proposed Par Value Reduction would not result in any change to its net assets (“NA”) position and any adjustment to the value and number of Shares held by each Shareholder.
I am bored. And I thank you for entertaining me. And I really hate to see this China con guy treat us like ATM machine and that is the reason I stayed even I have cut loss
Yes, this is another good news..... XDL definitely will gain much more profits and shareholder will be rewarded after their PPE products was ready......
fl888 hope XDL will announce a bonus issue from their cash and reserves ,if you see XDL accounts 23/07/2020 9:52 AM
Yes, plenty of good counters such as TCS....we are free to let go and invest in other counters. We are not force to be bonded here.
We still here because we believe in XDL, otherwise rather leave here and focus to make profits at other counter than wasting time here.
You do your own decision, free to let go or stay, still you have to decide by yourself. Don't blame people if we have to cut lose to shift to other counter.
One day this company didn't issue the annual report, it is still very risky. Xingquan, CSL, Maxwell & China Automobile all have the same problems before being suspended and eventually delisted.
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....
Rocket77
256 posts
Posted by Rocket77 > 2020-07-22 12:53 | Report Abuse
XDL reuseable face mask will be highly demanded.....it is time to wake up, sleeping beauty....
Undi_PH :Those refusing to wear face masks may be jailed
https://www.thestar.com.my/news/nation/2020/07/22/those-refusing-to-wear-face-masks-may-be-jailed
22/07/2020 11:14 AM