The price will surge up just like rocket once their PPE on market....now just in warming stage, just look at Komark, Notion, how many times of gain, you will foresee what's will going to be for XDL, with the giant market of XDL compared to Komark and Notion. XDL still the cheapest PPE related stock, tighten your seat belt, let's soars, hopefully can limit up very soon...
I stock market, in downtrend, cheap can be cheaper, in uptrend, high can be higher. The key of making money is to ride the trend until reversal is confirmed. XDL has just brokeout from it's accumulation phase, now in ascending phase, it will run up & up until it reaches distribution phase where it plateaus.
This is a golden opportunity as XDL is a VALUE stock (NTA 0.8, cash per share 0.28, 5 yr DCF growth exit : RM 0.50, 5 yr DCF EBITDA exit : RM 0.34, consistent earnings for the past 5 years, quick ratio 8.59, low debt) now is also a GROWTH stock due to new venture into ppe/mask business with HUGE market in China 1.4 billion people. WHO world health organization has launched 'wear mask' campaign last friday. Another boost for face mask business together with demand for REUSABLE mask (more environment friendly) that XDL produces.
For those who have just joined, pls refer to my comments for the past 2 months for more info. I've posted lots of objective non-biased assessment of XDL while it was still in it's accumulation phase at 0.055-0.06.
Ding, now is the good time to propose bonus issues and positive contributions from recent PPE&mask sales. Surely these added news will drive up forcefully with at least 3 limits up.
Many contra players will switch to XDL next week as this counter is so cheap as they can buy in huge volumes to reap in profit even with half cent price differences
Let’s all hold until 0.175 and then consider to unload 50% . Never sell all otherwise will regret if the price reaches few dollars - who knows never tell in this unprecedented market . Let Huat big chance of a life time !!!
"XiDeLang Holdings Ltd’s (KLSE:XDL) price-to-earnings (or “P/E”) ratio of 8.7x might make it look like a buy right now compared to the market in Malaysia, where around half of the companies have P/E ratios above 17x and even P/E’s above 33x are quite common."
Beware of China based Company such as this one. Ever wonder why the PE ratio is do low and with abundant of cash but being traded at this huge discounted price? I have my investment gone into aches few years ago for two China based Companies listed in SGX namely China Essence, China Sky Chemical and many more which are now suspended for trading in SGX. Don't believe me? Or hate me all you like. You may check it out in SGX website. Disclaimer: This is not a sell or by call. I am just sharing my experience for have been a victim in investing in China based Companies.
thanks Jeff for the kind advise. But we need to look at whether the company is earning though, with current sendiment, gloves is not even worth that much but yet it is priced at that. The market is irrational now, so we need to keep the rational at later stage but not now.
Ok guys, this is real shit. Xdl manufacturing ppe & reusable face masks in China factory. Seacera was given the right to distribute/sell the products in Malaysia or Asean region(depend on what's in detailed agreement between them). Today come out a full list issued or established by a market news portal on Covid-19 related bursa listed for investors/traders reference/guidance for tomorrow trading. You know what? Only Seacera in the list and xdl name missing, whether intentional or overlooked, who know. Expect tomorrow Seacera at 0.265 friday closing sure-fire will exploded higher, faster than xdl(Friday closing 0.085). What a cursed, bad omen the xdl convicted, would be possible no big advantage to ordinary shareholders, but big profit and gain to xdl ontop currently almost rm1billion cash in hand. What the unfortunate guys.
I thought the share prices becomes like this is due to few times of bonus issues? If really consolidation happens, the price would not a few penny already
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Posted by Costa9 > 2020-08-08 22:45 | Report Abuse
Focus on xdl next week