Paultan... this company strategy is keep profit as cash reserve to earn interest contributing as part income. With this cash surplus the company can declare bonus and warrant issues every two years - if you bought XDL eight years ago your total shares are 4 times more now 400% profit at 0.06 x 4 = 0.16 now >>> see 400milliom shares become 1.8B now >> you can exit with 400% profit. Many companies want to keep share price low and keep profit as cash reserve to earn interest but project penny price image to attract those punters interested in buying penny shares CHEAP FOR EVERYONE TO BUY ..,, this is Ding way to double his wealth every two years ok
"Posted by IP2020 > Aug 29, 2020 11:58 AM | Report Abuse
.. this company strategy is keep profit as cash reserve to earn interest contributing as part income. With this cash surplus the company can declare bonus and warrant issues every two years - if you bought XDL eight years ago your total shares are 4 times more now 400% profit at 0.06 x 4 = 0.16 now >>> see 400milliom shares become 1.8B now >> you can exit with 400% profit." ====================================================
You forgot to mention that they made a 4:1 shares consolidation which reduced shareholders' number of shares. After adjustment, price continued to fall to current level.
Those who hold long term are yet to see any fruitful result.
This Chinese con compnay never declared bonus issue but only did share consolidation. If you held 1 million shares 8 years ago, today it is only 250K. you lost 750K,
BONUS ISSUE OF UP TO 894,179,400 NEW ORDINARY SHARES OF USD0.04 EACH IN THE COMPANY ("XDL SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF XDL AT 5.00 P.M. ON 10 JANUARY 2018 ("ENTITLEMENT DATE") ("BONUS ISSUE").
No body looks at par value now You buy at 0.075 now and sell 0.085 tomorrow making 0.01 profit and who care about par value See AAX it’s par value is almost nothing and if your convert it to 1 dollar it’s share is even more expensive than PBB NTA is not based on par value also
For the last 6 months many make millions just buying 0.005 & 0.01 and selling at 0.05 or more Making RM50000 10 times with RM5000 for 1000 lots E.g I bought XDL-WD at 0.005 1000 lots and sold last month at 0.025 making 5 times profit Also, LAMBO at 0.005 and sold 0.06 making 12X And many more with 100 times profit
https://cilisos.my/genting-hks-currently-rm8-4bil-in-debt-and-cant-repay-it-is-genting-gonna-collapse/ maybe you all dont realise the seriousness of covid 19. Even big corporate lose big money. XDL management is doing a great job on not losing money but still manage u register some profit. Dont compare to those glove and covid related company, they make their money because of the nature on what is happening.
Ding will not disappear at the current 0.075 as he will only be richer by 50M if the company goes bust, I think the coming meeting will announce on the business of PPE and face masks and then the price by all means breaks into uncharted territory then anything will tell ..... Only penny share - DON’T SELL NOW OR YOU WILL REGRETTED AS THE COMPANY HAS ALL THE POSITIVE NEWS AHEAD .... BAD NEWS has all been released and digested already ...
I will take out my principle and leave my profit in hopefully miracle will happen .... then I will not be regretted then .... tell you what I do regret selling all my past picked counters too early and XDL is my last picked counter
ESOS will normally bring down share prices as those employees having allotted the shares will sell in the market if they do have holding power But share buyback will surely stablize its share price and normally will bring up price to a level set by the board - since the company has 500M in reserve the company only need 100M to add 0.05 to the price 0.075 + 0.05 = 0.125 Don’t sell until 3/9 if you are not making profit
Be cautious on the correct timing to exit this counter My advice is to play safe by putting in all the profit you had made on this counter and take back your principle - then hold this counter as long as COVID-19 vaccine has not come out yet. My selected shares for the past 6 months are LAMBO, Habicus-WC, VELESTO-WA, XOX-WB and XDL & XDL-WD and all the above go up many times except XDL (maybe this counter is my odd one out) My pick for next 6 months are DPHARMA, HPHARMA-CE, PHARMA for the vaccine treatment which is needed all over the world by everyone / much more then gloves which are only used by less than 1% of world population Just take a note on this and come back to me if I miss the pick ok
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....
IP2020
166 posts
Posted by IP2020 > 2020-08-29 11:58 | Report Abuse
Paultan... this company strategy is keep profit as cash reserve to earn interest contributing as part income. With this cash surplus the company can declare bonus
and warrant issues every two years - if you bought XDL eight years ago your total shares are 4 times more now 400% profit at 0.06 x 4 = 0.16 now >>> see 400milliom shares become 1.8B now >> you can exit with 400% profit.
Many companies want to keep share price low and keep profit as cash reserve to earn interest but project penny price image to attract those punters interested in buying penny shares
CHEAP FOR EVERYONE TO BUY ..,, this is Ding way to double his wealth every two years ok