Pre-conditioned to get this counter uptrending is to neutralised the dumptrucks dumping by collecting all throwing in at low price pressure. Once dumptrucks dispossessed low price pressure capability, they have to collect again at higher prices and only do the dumping at higher price too, the counter then able to move up.
My dear Kedsheong, all of us will be rewarded very soon....i'm just small tiny fish, not the big shark.....just give this sweety baby little bit times...we have come too close already...Aug20 ........cheers,
kedsheong rocket77, i admire your strong believe and persistence in xdl. you will be rewarded $$$ when xdl rockets up up up. cheers ;-) 24/07/2020 1:10 PM
Try to see some chart like Xingquan and Maxwell, few days before PN17 the volume is high but price cannot move up. And most of the stock if they are really pump up, before that the volume is very low. Volume low can avoid retailers attention so that less retailers are compete with operator to collect low.
XDL selling at 6 cents is XDL is principally involved in the design, manufacturing and marketing of sports shoes as well as design and marketing of sports apparel, accessories and equipment, it is noted that XDL intends to manufacture the protective clothing products by using its existing production facilities. compare with 10.5 cents K-Star Sports Ltd engages in the design, manufacture, distribution, and sale of sports footwear and sports apparel. It offers athletic footwear designed for sporting activities, such as running, tennis, basketball, and mountain climbing, as well as leisure footwear as well as original equipment manufacturing and original design manufacturing services. The company is also an original equipment manufacturer and original design manufacturer for sports brands, including Umbro, Diadora, Kappa, Le Coq Sportif, Die Wilden Kerle, Canguro, Cosby, Bridgestone and Double Star. The organization operates in following geographical areas; People's Republic of China, Russia and other overseas markets, such as Ukraine, Belarus, the Czech Republic, Poland, Finland, Romania, and Hungary.
Maxwell. is the third company from China to be removed from the stock exchange after XingQuan International Sports Holdings Ltd and China Stationery Ltd.
Maxwell will continue to exist when it is removed from the stock exchange. The filing said the company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the company’s performance.
“However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities,” said Maxwell.
The Practice Note 17 (PN17) company noted that the trading in Maxell’s securities will be and/or remain suspended with effect from Aug 20, 2019.
Trading in shares of Maxwell has been suspended since May 14, last year.
I have the same opinion with ttttader, I believe the buyer n seller is the same chinaman, just wanna offload their shares to small fry in between before the sc start investigating the company. I hope my prediction is wrong cos my sister n friends still reluctant to cut loss n they hope that xdl accounting is in compliance.
Chinaman so free to offload his share and pay commission at a loss at this low price ? Those giant % holder cost are must higher cost of current all time low price. If Chinaman want to dispose , he already did it in Feb 2020 all time high. Too late now to guess. Just hope that current price level was the effect of free fall in March due to covid19. Stock with pennies value attract flocks of ikan bilis. Ikan bilis invest few lots , looking for small win . So small lost also nothing hurts. So swing left and right which ever the wind direction is stronger . Over 1000 buyers and sellers queueing both side , so many chinaman ?
XDL is in warming stage now, will burst very soon, for those already holding for months, don't give up and let go at this last minutes, few more steps to get the rewards...let's huat together, look at the 30 biggest shareholder as shared by ours bro JK22, many local banks and investor company still holding big portion of share, such as Affin Huang and Alliance Group, are they also blind to hold the share and waiting for delisted? Once it surge, will be very big room to grow, just look at Komark and other face mask counters, but I still prefer XDL. Why? XDL has more advantages to sell face mask and PPE to giant market such as China and Hong Kong, and not only limited to Malaysia domestic market here...
Does ecoworld make any dividend policy like XDL? Ecoworld did promise dividend at FY20 but has yet to materialised. But we all understand what happened to FY20 which is badly impacted by covid and FY20 is not ended yet. I put some money in ecoworld too and that is why I am aware of this
Just follow to your instincts, all of us do not have solid proof, just listen here and there, guess here and there, we can not judge as we are not the auditor, we just predict, and hope... believe some might frm victims of those delisted China company, it is normal to hate china company if i was one of them and would like to warn others also. But i strongly agreed with JK22 sharing. When XDL declare ESOS, it also convince that XDL will have something good to come, let's see.
JK22: Chinaman so free to offload his share and pay commission at a loss at this low price ? Those giant % holder cost are must higher cost of current all time low price. If Chinaman want to dispose , he already did it in Feb 2020 all time high. Too late now to guess. Just hope that current price level was the effect of free fall in March due to covid19. Stock with pennies value attract flocks of ikan bilis. Ikan bilis invest few lots , looking for small win . So small lost also nothing hurts. So swing left and right which ever the wind direction is stronger . Over 1000 buyers and sellers queueing both side , so many chinaman ?
If we thought deep enough this esos news actually already answered to our uncertainty whether XDL is creating fake report or not because if a company not earning money they wont dare to issue esos. The reason is simple because esos is to reward their employees if company don’t have strong fundamental the employee wont have the confident to convert their esos because they know company situation whether is good or not so is waste of time for company to offer esos to their employees by knowing no people going to convert it . That is why if esos is being issued means company is performing well and earning money. Just my own thinking please ignore it if you think I am wrong
Yes, this is very true, something good is coming, cheers!
9090xxx: If we thought deep enough this esos news actually already answered to our uncertainty whether XDL is creating fake report or not because if a company not earning money they wont dare to issue esos. The reason is simple because esos is to reward their employees if company don’t have strong fundamental the employee wont have the confident to convert their esos because they know company situation whether is good or not so is waste of time for company to offer esos to their employees by knowing no people going to convert it . That is why if esos is being issued means company is performing well and earning money. Just my own thinking please ignore it if you think I am wrong 25/07/2020 4:30 PM
Those haven't buy XDL, please do read into KLSE forum for 1. Maxwell International Holdings 2. Xing Quan 3. Msport 4. China Stationery Limited They share same characters as XDL - High cash, high NTA, high profit - never ever dare to use reputable auditors - From Jinjiang China - manufactured shoes - all owned by China conmen - all collapsed overnight due to FAKE AUDITED ACCOUNTS, XDL is the last not yet collapse
Warrant Buffet: the scariest investment is when you will lost all your capital. Think wisely, invest for your future and family but NOT GAMBLING.
I have friends who are victim of Xingquan, Bursa just did not do anything to recover their money until today.
21/07/2020 12:26 PM X limhong This is a china stock, Bursa is very irresponsible did not claim back the money for a few collapsed China KLSE stocks in the past 5 years. See below.
I knew some of the investors, today they lost all their capital as authorities did not do any effort to penalise the culprits. All cock talkers here, keep saying china shooting team and auditors.
If you read the 5 great collapse of china stocks, you will realise the danger of XDL, all show similar attributes - high cash, strong balance sheet and profitable, eventually 1-day collapsed as the account is FAKE.
The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").
Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.
In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.
Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer 19/06/2020 8:27 AM X limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun... 19/06/2020 8:28 AM X limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz 19/06/2020 8:32 AM X limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting. 19/06/2020 8:33 AM 21/07/2020 12:40 PM
limhong, do you know why the previous auditor being replaced? Do you have any proof, it is very scary and serious, can you help to highlight to Bursa for detail investigation ?
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....
moneycome123456
560 posts
Posted by moneycome123456 > 2020-07-23 16:12 | Report Abuse
https://www.thesundaily.my/local/mandatory-face-mask-in-public-transport-crowded-areas-beginning-aug-1-IG3109813