Today top volumes traded AT on records of never making profits at all in the last 6 consecutive quarter, then one month back announced to involves in Covid19 fever venture, with acquiring gloves manufacturing. Of course with their expertise, experience in automation is expected to unleash no labour intensive manufacturing environment, would result in no problematic hanky panky on labour issues worldwide, as well as maximise productivity, profitability, so investors understandably shifted focus to them now. Investors expecting higher profits ahead would returned them with usual practices of typical bonuses or dividend. In contrast to xdl, a never fail profit making, and further annouced to involves in Covid19 related ventures of manufacturing ppe, or washable, face mask, but stingy of sharing profits becomes mirely less attractive naturally.
CHINA Stationery Ltd (CSL) appears to have reached the end of the road as a public-listed company after five years on Bursa Malaysia. Trading in the China-based stationery maker’s shares was suspended on Dec 5 after it failed to furnish the regulator with the results for its third quarter ended Sept 30 (3QFY2017) within the stipulated time.
On the day before its suspension, CSL closed at one sen.
Bursa is slated to commence the delisting process against CSL six months from Nov 30 if the company does not meet its directive to release its 3QFY2017 results by then.
27/07/2020 10:50 AM X limhong 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.
Do not underestimate the piranhas. Now taking possession big volumes from dumptrucks. 2nd wave piranhas feasting may come in bigger than earlier today, but may required continuous daily feasting to complete dispossessed dumptrucks volumes and crushed the controllers at this counter.
hold on tight to your xdl shares. Big shark's buying average is 0.067. will likely to close at least at 0.07 the next few days. the big shark wont leave at a loss by selling back at 0.065.
i think this counter is really undervalued after venturing to PPE and face masks businesses. GET IN AND COME OUT AT THE RIGHT TIMES => SURELY GIVE YOU A BIG ANG POW !!!
Several possible good news on the ways - 1) positive revenue from PPE & face masks last quarter to be released Aug/Sep’20! 2) bonus issue & rights 3) highly undervalued stock at main board for punters to speculate ...
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....
Kopimilo
746 posts
Posted by Kopimilo > 2020-08-04 10:51 | Report Abuse
Today top volumes traded AT on records of never making profits at all in the last 6 consecutive quarter, then one month back announced to involves in Covid19 fever venture, with acquiring gloves manufacturing. Of course with their expertise, experience in automation is expected to unleash no labour intensive manufacturing environment, would result in no problematic hanky panky on labour issues worldwide, as well as maximise productivity, profitability, so investors understandably shifted focus to them now. Investors expecting higher profits ahead would returned them with usual practices of typical bonuses or dividend. In contrast to xdl, a never fail profit making, and further annouced to involves in Covid19 related ventures of manufacturing ppe, or washable, face mask, but stingy of sharing profits becomes mirely less attractive naturally.