Don't sell your xdl shares now. Wait for 0.14 fair value. might shoot to 0.2 to 0.3. Remember cash per share 0.28, NTA 0.8. This company makes profit every year. Now has a demanding product (mask & ppe). Thus it has both the features of a VALUE stock & a GROWTH stock which is a very rare find. Give it some time to run. Many have sold too early in other counters (glove) and missed a huge profit.
You 've got to follow this counter closely datawise for a year long to understand fully at the underlying reasons why this profit making co share price at nonsensically low. Then you know one reason is the dumptrucks/controllers hold huge volumes out of 1.8bil shares in possession to throw in any uptrending movement. The only way is to reduce their possession to disabled them to play the game over party day in day out.
Trade at your own risk - No audit report yet - Always make profit and high cash same as the bankrupted MSports, Maxwell, China Stationery, XingQuan, but collapsed within 1 day? - PPE? facility is not even ready.
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. 05/08/2020 2:43 PM
Keep collecting at whatever the dumptrucks /controllers /syndicates throw in provided you have sufficient resources to breath any unexpected future choking situations. The aim is to depleted their possession to the point they are weak to dictates the game of the counter in their advatage, as time being production and marketing of reusable face mask medical equivalent efficiency yet to commence. Then they remained weaks during the products coming to the market to create chaos, in next couple of months. Do not want tosee the worst case scenario, the prodicts sell like hot cakes but the counter freezing in price.
Komark start production in Sep20, already surge 400%++, notion already limit up 2times, not include today....XDL turn will come....pls limit up, show your power!
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....
kedsheong
135 posts
Posted by kedsheong > 2020-08-06 08:35 | Report Abuse
Don't sell your xdl shares now. Wait for 0.14 fair value. might shoot to 0.2 to 0.3. Remember cash per share 0.28, NTA 0.8. This company makes profit every year. Now has a demanding product (mask & ppe). Thus it has both the features of a VALUE stock & a GROWTH stock which is a very rare find. Give it some time to run. Many have sold too early in other counters (glove) and missed a huge profit.