Kopimilo, don't worry about that. Just look at your trading screen tomorrow. Xdl will shoot up possibly 0.1 early in morning. Once a stock breaks out from accumulation phase with extremely high volume (last week) and closed above its resistant, it's momentum is strong. It will continue upward. This is well known in technical analysis. Furthermore, XDL is currently trading at well below it's intrinsic value.
Xidelang is setting up a new material technology division for venture reuseable face mask, and it will be sourcing the necessary material and technology for the products from BiTiChong,
BiTiChong is principally involved in the development and production of baby and healthcare products, including medical-use and regular-use face masks, which has FDA certification.
Firstly, no worry about quality of PPE from XDL as the products quality tip top quality which was designed for export standard to Europe country and definitely strictly controled and monitoring by China government.
Secondly, XDL is producing reuseable face mask, not one time dispose face mask like other commodity face mask products, mean there will be less competitors and eco friendly. Malaysia government also encourage Malaysia to use reuseable face mask for less burden to environment.
1point5kupang, hopefully can clear your worries and doubt for XDL quality and market demand.
Please bear in mind that market in China is much more bigger than Malaysia, and XDL also target sales in global markets, included US and Europe countries.
If tension US and China getting worst, XDL has contingency plan to setup production plant in Malaysia to sell their PPE products to US through Malaysia. That's why advantages for XDL to be listed in Malaysia.
Ding will not run away at the current price 0.085 Wait till became few dollars and the cap is not in par with its assets then decide yourself to hold on or not Definitely Ding’s dream is far from over now
Reference is made to the earlier announcement dated 22 July 2020.
On behalf of the Board, Mercury Securities wishes to announce that Bursa Securities had, vide its letter dated 28 July 2020 (“Letter"), resolved to approve the listing of such number of additional new Shares, representing up to 15% of the total number of the Company’s issued shares (excluding treasury shares), to be issued upon the exercise of the Options under the Proposed ESOS subject to the following conditions:-
............................................................................................................................... GOOD NEWS ON ESOS.
By the way since Seacera is appointed as the sole distributor, then XDL name can not appear in the marketing E.g. UMW name is to market Toyota car in Malaysia and not Toyota Japan
From Simplywall; 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. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s limited.
XiDeLang Holdings has been doing a good job lately as it’s been growing earnings at a solid pace. It might be that many expect the respectable earnings performance to degrade substantially, which has repressed the P/E. If you like the company, you’d be hoping this isn’t the case so that you could potentially pick up some stock while it’s out of favour.
XDL is the PPE supplier and demand surge like glove industries ------------------------------------------------------------------------------------
KUALA LUMPUR: Seacera Group Bhd, via subsidiary Seacera Polymer Sdn Bhd, has bagged the exclusive right from XiDeLang Holdings Ltd to resell and distribute protective clothing products in Malaysia.
Under the distribution agreement, XiDeLang said Seacera would have an irrevocable, non-transferable, exclusive right and licence to distribute its protective clothing products.
However, no franchise is granted and Seacera has the full right to decide on the methods of marketing, pricing, naming, packaging, labelling and advertising, and the terms and conditions of any sale.
XiDeLang managing director and chief executive officer Ding PengPeng said its protective clothing products were classified as personal protective equipment (PPE) in the protective equipment industry.
He said the global protective clothing market size was projected to reach US$11.9 billion by 2024 from US$8.8 billion in 2019, at a compound annual growth rate of 6.3 per cent.
"The World Health Organisation (WHO) has warned that severe and mounting disruption to the global supply of PPE caused by rising demand, panic buying, hoarding and misuse – is putting lives at risk from the new coronavirus and other infectious diseases," he said in a joint-statement to Bursa Malaysia today.
He said XiDeLang was responding to WHO's calls on industries and governments to increase manufacturing by 40 per cent to meet rising global demand.
"Today, we have finally formalised our dealing with this agreement and granted Seacera the exclusive right to sell and distribute our protective clothing products for resale purposes in the fight against Covid-19 pandemic," he added.
Ding said XiDeLang would work hard to reduce the world shortage of these PPEs with its new production lines.
Seacera Group chief executive officer Zulkarnin Ariffin said prices of all PPE had surged since the start of the Covid-19 outbreak.
He added that supplies for some PPE products can take months to deliver and market manipulation is widespread, with stocks frequently sold to the highest bidder.
"We're grateful that XiDeLang supplies us with these high-in-demand protective clothing products at a reasonable price during these critical months since the outbreak of Covid19 pandemic," he said.
Zulkarnin said Seacera could help to fulfil the shortage of the products among the front-liners of Malaysian hospitals and laboratories.
"Healthcare workers rely on personal protective equipment to protect themselves and their patients from being infected and infecting others.
"Any shortage of these PPE would leave doctors, nurses and other frontline workers dangerously ill-equipped to care for Covid-19 patients, due to limited access to such supplies. Without secured supply chains, the risk to healthcare workers around the world is real.
"We cannot stop Covid-19 without protecting healthcare first. Our next plan is to capitalise on the Trade War between US and China.
"If the market conditions continue to be favourable, we may start our own production lines in Malaysia to export these PPE to United States and other countries which are badly hit by Covid-19," added Zulkarnin.
Remember to monitor XDL closely. Enjoy your gain, beware of the China stock risks
07/08/2020 1:30 PM limhong Congratulations on your gain, it is a kind reminder on below.
07/08/2020 1:30 P 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.
27/07/2020 10:50 AM 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 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.
MAXWELL-SUSPENSION OF TRADING MAXWELL INTERNATIONAL HOLDINGS BERHAD 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").
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
limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting. 05/08/2020 2:43
Guys, rumours spread widely, auditors unable to verify their cash in China, dont know what happened to the bankers. No worries, no need to file financial statements yet. I think can still goreng a while.
It's only rumours. 2 previous auditors BDO (Binder Dijker Otte) (2013 to 2017) and Afrizan Tarmili (2018) has confirmed the huge cash in XDL account. Download the annual reports n read.
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 > 2020-08-09 22:59 | Report Abuse
Kopimilo, don't worry about that. Just look at your trading screen tomorrow. Xdl will shoot up possibly 0.1 early in morning. Once a stock breaks out from accumulation phase with extremely high volume (last week) and closed above its resistant, it's momentum is strong. It will continue upward. This is well known in technical analysis. Furthermore, XDL is currently trading at well below it's intrinsic value.