You guys who didn’t accept my earlier advice will surely regret. Especially For luster-WA , you have missed the boat to earn more than 100% profit because no way to buy cheap anymore tomorrow. Go see the announcement. Expected limit up tomorrow.
For those whom keep on gives lots of bad comment in xdl...(dont buy, con company bla bla bla)....pls share with us any evidence to back up your statement. Otherwise, u are disturbing. Provide useful information for sharing, investors are wise enough to decide for their investment profolio.
If start making huge profit from PPE, if declare dividend distribution, if got good news...still the lowest, cheapest PPE counter in Bursa...got big margin to surge if got good news.....wait for next month
Annual audit report will be announced by end of the month. If delay by audit firm it will notice to bursa malaysia. Now the speculators waiting to review their audit report how is the company Business situation and financial status impact by COVID-19 and just to decide how much the value of the company share price they want to push up....a lot of investor worry about the China company financial report is fake and not willing to buy up... everybody is waiting status....
2019 annual report will be skip and 2020 semi annual report will be submit due to change of financial year and adjustment to 18 month financial year ended by June 2020.
Bad News - They need a new Auditor to audit and confirm their report :
[The SC said the audit firm and its partners were sanctioned for several breaches involving non-compliance with auditing standards for fundamental and basic audit procedures, which affected key financial statement line items including inventories, revenue, cost of goods sold and trade receivables.]
Hello? Yong IY Do you really think the court case can be settled in one day? It was settled recently that the High Court fined SC RM15k to the audit firm, so obviously the audit firm is right.
The share price drop as they didn't produce audit report since they have to change the audit firm. We can expect the share price to fly when audited report is out in next 2 weeks
The NTA is inflated as SC noted irregularities in their Financial Reports and action taken against the Audit firm. As such, the company will be pushing down the price to privatise or buy back at a lower price after delisted.
That's why the share price won't go up whereas buy back already approved by the company. The bulk of share can't be from minority shareholders. Practically, a lot of sellers appeared everyday to stop the price from going up. Maybe the company buy back is meant to collect the price at lower price from weak holders if they built a wall with lots of sellers.
Financial year amended to 18 months ending June 2020 and new auditor only appointed in May.. We should give them time and have trust in this counter.. Otherwise why waste time here
How Megan88 know so much? By the time you know it, it's already delisted without Audited Financial Report by KLSE. Right now, it looks like they are scrambling to get out, you can see the big fish quequing up to get out even with the buy back approved during AGM.
Enough of this China Conmen Stories, MASK?? PPE?? Now Vacine?? Will the stock fly?? Record shows that it is all drum up but no sound!! Other counters already flying up to the sky.
Citadel, can u back up your statement pls. What is going on here... like I said evidence of your comment is important. Pls dont just say it out for nothing. One side is supporting the company & another side is condemning. Be gentlemen Show proof...
Your findings have to be right, is not by guessing. V are here to share valued information. If the findings tell u is a good company to invest then go a head buy their shares. If not, then don't waste time here. Just ask yourself....never never confuse others
Release report before Sep results which est to be bad yoy. Luck anyway, it is the traders who decide the game as the company will not distribute dividend despite huge cash which can be easily depleted like other Chinese firms listed locally.
One of the first china company listed in Bursa.. Others like xingquan already wong fei hong dabao.. only problem is the management doesn't seem to care much about their stock price.. just let it tumble not even slightest of interest to turn it around
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....
MoneyMakerKing
168 posts
Posted by MoneyMakerKing > 2020-10-19 18:24 | Report Abuse
You guys who didn’t accept my earlier advice will surely regret. Especially For luster-WA , you have missed the boat to earn more than 100% profit because no way to buy cheap anymore tomorrow. Go see the announcement. Expected limit up tomorrow.