Shanghai composite has surged 500pts in 3 weeks, close at 2937 today, just 63pts away from 3000pts- surpass it will signal the super bull run begining. With the oil continue droping which is great for china consumer counters, and ringgit also slide to don know when, XDL is the rising gem
ALL CHINA COUNTERS BIG-BOSS VERY BUSY PUSHING MARKET BACK HOME IN CHINA LIAO..... WHERE GOT TIME TO PLAY MALAISI-AH SMALL MARKET? WE EAT OUR OWN SELF LIAO!!!
With problems with KLSE stocks its only a matter of time people will start looking at Chinese stocks for "safe haven". At this price XDL is a worthy buy in my opinion.
actually, i agreed to buy now! why? becoz ur losses is limited! u know the most is...u burn half a sen, it won't go any further down ( last frontier liao )...but, if it salty fish come alive, huhh....it can be unlimited!
Got give dividend before but people expect they must give every year not 2 years once. If local stocks don't give dividend people can accept(eg SPACs', Sumatec, PM Corp, Mui, Harvest, etc) but not China stocks.
Xidelang Holdings in November 2009 in a horse -share market, to now is just full five years before . The company is a Chinese company in Malaysia or so-called red chips listed shares . ( 1 ) The company is actually making money every year , from 2009 to 2013 fiscal year net profit , the lowest between 4,000 6,470,002 thousand ringgit to a maximum of 8,000 9.89 million ringgit , the performance be marked green . The company had only distributed a dividend per share of 2.50 cents in fiscal year 2010 , there will be no recurrence after dividends. As to the reliability of the accounting profit , has no such messages or information. If this is really a problem, or someone has evidence or information to the complaint , believe the Bursa Malaysia will pay attention or even to make inquiries . Risk in the end how much to buy today , really hard to give an answer . The market believes that the more red chips due to business in the Chinese market , business headquarters and major shareholders or senior management and more in China , so investors or analysts difficult to get the latest news and business development of the company , or some of the information or messages are difficult to prove and so , so much less able to attract investors. In general , the valuation Chinese red chips ( including Xidelang ) is generally low , which may be caused by investors for their views on the poor , especially once spate of corporate fraud occurs . Meanwhile , most of the capital is not particularly large companies, stock liquidity is not high , but also undervalued factor. There鋻this, issues of corporate governance and accounting aspects of the need to strengthen and more transparent material help to enhance investors' confidence in China stocks . ( 2 ) The company does not send money every year dividend to minority shareholders , the real significance is not in line with the market , while small shareholders do things , including the company ( especially in the opening of the General Assembly to the directors or management ) asked director why only salaried and other issues. If dissatisfied or no confidence should not be considered its shareholders to sell their shares , to find another thought better investment .
these are the china stock's perception:- * reluctant to share the profits with us * give free warrant for collect more funds * CEO likes to selling their share at very low prices * manipulate the account or burn the factory if require
Am I the only one who noticed the obvious, even blue chips bumiputra companies also got screwed, look at SAPURAKENCANA PETROLEUM BHD , ALAM, ( 50% discount) and a thousand others like them. If XDL down in an up market I would agree the comments carry water!! If not don't try and be guru..
I mentioned before XDL = CSL. Both China con stocks......projecting good earnings/profits but share goes down n down until no eye see :( Heard they got double accounting books to fool you n me n of course BURSA !
Guess, XDL will come back in "radar" anytime from now as the price level is very very attractive. Below 10 cts,....What's the PE ratio indicating?
If you counting the 2 set of report cards, it also sound very very attractive. Reason, at this pricing level,.......It is the cyndicate's "BEST-OF-LOVE",.......
Ding Peng-Peng bought at 40sen this year meaning there is value in XDL. Buy now when cheap. Perhaps can give dividend next year. If give half sen like in 2013 DY is more than 5%.
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....
ct888
885 posts
Posted by ct888 > 2014-12-05 15:47 | Report Abuse
Shanghai composite has surged 500pts in 3 weeks, close at 2937 today, just 63pts away from 3000pts- surpass it will signal the super bull run begining. With the oil continue droping which is great for china consumer counters, and ringgit also slide to don know when, XDL is the rising gem