This counter has make many people lose their hard earn money, I believe. Let us gather some useful info to find out what is the hidden gem of the big boss. Help ourselves to understand the china business which is not transparent enough in Malaysia.. and Be a smart investor together yeah!
Wahaha...dun anti mca..csl is nothing to do with them...it has to dp with cf niah...all other factors..semua ikan bilis influence..how to make price going up when cf divested its controlling stake at rmo.20..how?????
Simple solution...get out csl n invested in others...making much more when the mega trend is still bullish...if you were unable to gain profitable before july...big correction is about to taking place by them...then..abuk pun tak de!
I have no doubt of the RBY1.6 fixed deposit in the Bank of Agricultural Bank.When it was listed the IPO price was about 96c if I was not mistaken.It was pushed up to RM1.8 then it collapsed,so it became a falling knife n the directors who had pledged their were forced to sell theirs.In between these periods they also issued 10% of their equity to Pelican for an exchange of shares.But they didn't agree to the terms n conditions so the partnership in business fell apart. There is a continuous chain of adverse news about the Co or adverse propagandas, making investors fear to touch n cause a great supply of shares floating in market in addition of buying n selling activities of puntering.Also the backdoor selling of big stake by Mr CF at a higher price than market price, which may be a liberal act of the parties involved to withhold back good news such as declaration of dividends to suppress/stagnate the price so that they can buy them back cheap.
FJ: if 2013 dividend pay out at leat 20% then all the NEGATIVE perception gone strait away!.. many -many ppl talking about selling Pelikan share at 35c juz to pay 1.8c divident....i believe that 'rumuors" if no dividend payout is made!
I got the info the free float of csl in the market had reached 55% of its share capital..other smart buaya were oledi trigger takeover exercise lioa..if the cash is real .or at the very least..cf himself should buy back personally..he didn't do it becos he dun believe csl worth the current price..
Pls dun tell me he dun hv money to buyback csl at rm0.20 when the cash is rm0.93
Whoever wants to drop CSL n buy other shares for fast money just go ahead as for me I go for good counters with sound fundamentals like buying properties/land for good returns instead putting my money in banks. These peoples who come here to lure people to buy speculative shares are actually runners for syndicates who are very eager to dispose their overly inflated shares, so beware of poison snakes treading in this blog.
Syndicate dun need small fish like us..still waiting for ur explaination on th low interest rate from cash....ceo save our money under his pillow ar???
3%??? U sure he knows procedure...like to announce demise of ceo asap and not wait for few days ltr...then divident he announced a few yrs later how???hahahaha
Cf share got force sell coz dropping share price?got company buyback to support price y dun wan???no money....declare huge divident and price automatically support by shareholder or even pushd up record high y dint do???no money
I think major investment firms already know about syndicate manipulating the share prices of this stock soon after the price started it's sharp drop from RM 1. Now we can clearly see, 1 lot, 1 lot sell to pin down the price at 0.210. I don't know if this is legal or maybe the SC can do something about it.
I guess this also explains why there's has been no price call for this stock at all, the reason is because no investment firms would recommend their investors to buy into stocks which have been infested with syndicates like CSL.
I'll bet good money that the sellers/syndicates most likely have ties with the owners of the company who's looking to get extraordinary profit from trading its own company's stock. If the seller lost, most likely the company itself will be heading for its demise. If the seller wins, meaning the small investor got ripped off. In both cases, smaller investor will LOSE.
This is surely the ultimate NO TOUCH STOCK in KLSE.
Lucky I'm able to escaped last month, I feel bad for those who still got trapped.
Hamitouzhi,pls don't generalise China Companies,it is not true as they are very popular with the Hongees if not some will not be oversubscribed by 100times. I have been to China many times they have progressed tremendously over last 20 years.Recently I visted Shenzhen electronic city n marvelled at the fanastic advanced equipments varying from phones to CCtv of international standards,the Chinese people I must admit will really innovative n creative,glad to say that it is gone with the "AH Paeh"days where they were unskilled n hardup people. So our mindset about the Chinese should change n admit our technology is far behind them n we must buckup for our own improvement.
If im fj...th better xcuse for cf selling down his holding is to sell to syndicate who pays him certain amt...then syndicate got bullet to jack th price up and down...cf cant sell his big amt on open matket coz no company can withstand such volume of selling...
I wil then counter her statement by saying...so far no syndicate play...volume low...and cf did sell on open market instead of marriage or direct deal..
Shareprofit n Micchen you can leave our forum if you are not constructive in your critisms,I repeat again CSL is the best counter n so far MR CF he didn't fail us in dividend except not caring enough.I am not afraid it will drop further as I can buy more and more for I am not a stupid investor but a prudent one.I don't go for short-termed gain, I can invest for 10 years like I invest in properties/land, but it must be a cheap, good counter n has good market for expansion/growth I find it a good opportunity to invest in CSL.Cheers
for long term investor p'se " listen....listen.....listen ... dunn ever invest until Q4 is out make sure 'div is declared"....then only buy if tat time 25c still worth buying target ..my personnel long term target > rm 1.00...! if dividend is made minimumum 20% from net profit.. last 3 q accumulaticve is rm172mil i predict lowest Q4 could rm28mil highest 60mil....!
WAhaha,who is my smart buddy?I guess Gemlover is not happy with certain people n wants to rest for a while.I presume he will come back when the CSL price moves up n puts him in good mood. As for me I am very free n don't have to watch CSL price movement as it is predictable so can chat here to pass time and encounteract any challenges to CSL,my boring but affectionate lover whom I dearly adore n defend from being attacked by intruders.
I cant leave coz i still csl shareholder lo...u stil havent answer abt th auditor..th reason cf liquidating his holding...th non payment of divident in first three quarters...etc..
Fj..u speak as if u know th fact of th company..but in actual sense ur guessing..tats more dangerous and misleading...and when ppl point out ur mistake..u go berzerk and ask ppl to leave...
Long term in china stocks...there are 10china company..anyone of them caught cheat..all china stock will plummet!!!...and i guess csl will b th first to do so..to cheat...to plummet...oh...already plummet dy...goin reverse pulak..now wait for th cheating to be made public!!!
from my life time experience " talking bout cunning in business " i think "INDON" is the worst but "chinese INDON" will be one step up the average indon!..anyone know that 'our CSL boss originated..."got to find out"
Shareprofit I never go berserk except like to ignore undesirable element.If you were a shareholder you should be in SGM n MR CF had told us it was forced selling by the institution, he might refer to the demised MD's equity. I am not paid by you to furnish all the information so be understandable if I don't care to answer you in details,you can visit the auditor or call him to explain about it.I only like to talk to lovers of CSL only n not fighters/intruders.
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Posted by RichardWO > 2014-02-21 11:29 | Report Abuse
This counter has make many people lose their hard earn money, I believe. Let us gather some useful info to find out what is the hidden gem of the big boss. Help ourselves to understand the china business which is not transparent enough in Malaysia.. and Be a smart investor together yeah!