CHINA STATIONERY LIMITED

KLSE (MYR): CSL (5214)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


34 people like this.

21,821 comment(s). Last comment by JackMa123 2020-12-07 16:19

wahaha126

3,120 posts

Posted by wahaha126 > 2014-02-23 19:03 | Report Abuse

no touch counter until Q4!.. 1st of "last warning",,,,,,,

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-23 19:55 | Report Abuse

There are punters who keep on giving false warning about CSL's profit performance with no grounds/bases at all as for three quarters' profits for 2013 are tip-top comparable to blue chips or even much better than them at about 90% of the price i.e 21c.
So why should their 4th quarter profit be negative when their business is stil intact n no sign of lower volume of sales.This fear is purposely created to press down the price of CSL.
So those who are fearful can stay away n not tearing down/harassing the reputation of CSL as they harming/punching a hole in the pockets of the genuine investors of CSL.
You are the real culprits with harmful agenda to destroy the wealth of real investors.This is really despisable n shameful without any dignity.

Posted by shareprofit > 2014-02-23 20:39 | Report Abuse

Fj active again...meaning the end is near...let her talk..last few days of csl...gasping for air..better keep th air in u than to talk so much...hahahaha

Posted by shareprofit > 2014-02-23 20:40 | Report Abuse

New investors..dun masuk until fj keluar..haha

Posted by shareprofit > 2014-02-23 20:42 | Report Abuse

Csl nxt week...fj sleepless night...everynight...dreaming of cf...hahah

Posted by shareprofit > 2014-02-23 20:44 | Report Abuse

Fj...pls..pls..be realistic..i dun wana attack u..just hope u pare down a little...dun put all egg in one basket...uncle dun wan u to waste ur hard earn money on cf crook...

Posted by shareprofit > 2014-02-23 20:47 | Report Abuse

But to attack u is also fun...esp with ur comical replies..hahaha

Okla..kacau u tmrw again..uncle go play online casino...ciao..

kingcobra

2,772 posts

Posted by kingcobra > 2014-02-23 20:50 | Report Abuse

DROWN WITH CSL INTO DEEP BLUE OCEANS....OFF U GO!!!

Gemlover

244 posts

Posted by Gemlover > 2014-02-23 21:27 | Report Abuse

edkfc : They won't give the list. Needs the directors approval according to them. CF has already sold down their shares and that explains the high share liquidity compared to all other China stocks. CSL share price appreciation depends on the div. announcement. The minutes of the SGM Q & A session were taken by the company secretary and should be good enough as an official document to confirm CF's affirmation of the div. policy - better than sound recording!.

I just wonder how old is this uncle?!! maybe 80yrs old

Gemlover

244 posts

Posted by Gemlover > 2014-02-23 21:30 | Report Abuse

wahaha126 : Is shareprofit one of your disciples? Must be same gang lah! All waiting to buy cheap. Not like datuk who has abandon chinaSexylady now and don't want to play with her anymore.

Gemlover

244 posts

Posted by Gemlover > 2014-02-23 21:41 | Report Abuse

All doomsayers, if CSL is crab, pl sell off all your shares now before it is too late. Then wahaha126 will happily pick it up from all of you cheap!

Posted by shareprofit > 2014-02-23 21:42 | Report Abuse

Baru masuk online casino..they giving 100% introductory based on how much u deposit...rolled 18x...uncle baru come out...profit 100%...hahaha

Uncle too old to become wahaha diciple...or wahaha is 80-90yrs old now...hahaha

Posted by shareprofit > 2014-02-23 21:44 | Report Abuse

Genting also give u 100% la...if u include the free room price u sleep in aftr losing all ur money...hahaha

Posted by shareprofit > 2014-02-23 21:46 | Report Abuse

Uncle craving for hokkien mee now....ciao

Posted by shareprofit > 2014-02-23 21:47 | Report Abuse

Btw..im not selling th remaining 500lots...coz uncle said dy...its a gamble...and im honest abt it

I masuk 0.215...

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-23 21:58 | Report Abuse

Doom preachers, sell all your shares but I will be faithfully enjoying my joyful life with my prefect lover,CSL n the old man will be extremely disappointed at his last breath bcos still seeing me make tons of money from CSL investment.
Cheers! the smart investors of CSL n you have the right choice.

wahaha126

3,120 posts

Posted by wahaha126 > 2014-02-23 22:29 | Report Abuse

becareful ......tomorrow tp up +3c!

spec9888

92 posts

Posted by spec9888 > 2014-02-23 22:43 | Report Abuse

It is time for csl for rebound.

wahaha126

3,120 posts

Posted by wahaha126 > 2014-02-24 08:22 | Report Abuse

see what gonna happened after 2nd annnivasary of IPO 24-02-2012...HMMMMMMMMMMMMMM!!

Posted by elpinchegringo > 2014-02-24 08:57 | Report Abuse

I just started looking at this one and read the last few pages in this forum. Lead Champion Group (i.e. insiders) seems to have sold like a bat out of hell in the second half of 2013 at prices from 0.20 to 0.30. A couple here have speculated that insiders were selling with the intention of buying back later at lower prices. This doesn't make sense to me, selling 25% of the outstanding shares at those kind of prices, unless this is (a) a fraud or (b) the insiders were buying shares back at the same time they were selling. I note that they sold one block of 120 million shares at 0.30 on 12/7/2013 and another 160 million at 0.30 on 15/8/2013. Both these sales were above the market, which was trading around 0.25 to 0.28, and far in excess of the trading volume on those days. And issued shares are around 1.2 billion so that each of these blocks were close to or in excess of 10% of the total shares. Any opinion as to my theory, that insiders or entities controlled by them could have been buying back shares at the same time Lead Champion was selling? Also, does anyone know anything about RT LLP, their new auditor? They don't appear to be heavyweights.

wahaha126

3,120 posts

Posted by wahaha126 > 2014-02-24 09:17 | Report Abuse

ELPINCHERINGO: at this stage of tp " worse than PN 17 counter ... how lower could be the tp IF this counter appears tobe 40% fake 60% real!.... due to major holder pledged their 50% 0f 1.2bil share to bankers at 90c, 75c, 60c , 45c and lastly 30c.......

meverick88

403 posts

Posted by meverick88 > 2014-02-24 09:18 | Report Abuse

ThAnK YOU Datuk.... for the CUN CUN tips.......................... JASAKITA JASAKITA JASAKITA

Posted by shareprofit > 2014-02-24 09:20 | Report Abuse

Well written wif some facts...instead of outpouring emotion of love of csl from fj..hahaha

The end is near..no one touching csl...no one dare...

Where are all those missing share cf sold? Wif fj???????ahaha

wahaha126

3,120 posts

Posted by wahaha126 > 2014-02-24 09:31 | Report Abuse

dun TOUCH UNTIL Q4................

Posted by shareprofit > 2014-02-24 09:38 | Report Abuse

will the result be out this evening??? the noose is tightening....

someone better ask csl secretary for the sgm minutes...mabe the secretary alredy shread it into pieces...or dint even write that down..hahahahahaha

Posted by shareprofit > 2014-02-24 09:38 | Report Abuse

3sen divident? for a 20sen stock....ur out of ur mind...hahahahahahah

wahaha126

3,120 posts

Posted by wahaha126 > 2014-02-24 09:43 | Report Abuse

29FEB2014 ONLY Q4!

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-24 09:56 | Report Abuse

ELPin...,according to Mr CF when confronted during SGM he mentioned that it was due to forced selling by financial institution and a fixed deposit of RBY1.6bln was deposited with China Agriculture Bank at 3% interest for 3months.I asked him why he didn't stop it he said it was too late when he came to know about it n that portion sold might belong to the demised Manager Director
So how can the co be unsound when the profit is so good n so liquid,it is the adverse propagandas n a group of hostile punters/speculators with their own set of agendas that deceive the public n have turned it into a falling knife.
All their accounts are audited on time n the current auditor whose headquarter is the 5th largest in the world n 15th largest in S'pore.

Posted by shareprofit > 2014-02-24 09:57 | Report Abuse

Yayaya...csl so quiet now...fj so quiet now...final breaths...for csl

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-24 10:00 | Report Abuse

Correction:'.....whose headquarter in USA is the 5th largest........'

Posted by shareprofit > 2014-02-24 10:11 | Report Abuse

dear fj...if u tink tat watever we chat here can influence the market..ur too naive...we are just ikan bilis and price movement is due to underlying strength and weaknesses in the company...the company dun allay shareholder fears by regular quarterly distribution...no announcement....no action...so for u to parrot wat cf said carries no weight....esp when NO ACTiON

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-24 10:17 | Report Abuse

Also during SGM the CEF n Mr CF had promised the investors that the company would continue to pay a dividend of 20% of the profits n since the 4th quarter of the profits were not audited yet.So it was difficult to determine the amount of dividend n hence we must wait for the completion of the a/cs to get the exact amount.

wahaha126

3,120 posts

Posted by wahaha126 > 2014-02-24 10:19 | Report Abuse

TYPO! 27feb2014-Q4 OUT!

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-24 10:19 | Report Abuse

Correction:'.... the CFO n MR CF.......'

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-24 10:37 | Report Abuse

Shareprofit,you can talk to others but not me as I don't want to waste my precious time with you so kindly don't refer anything to me in the future,hope you respect my choice of choosing friends in this forum,thks.

meverick88

403 posts

Posted by meverick88 > 2014-02-24 10:44 | Report Abuse

Datuk, uh cun cun tips boh?............... pls give me lagi.............

Posted by elpinchegringo > 2014-02-24 12:05 | Report Abuse

Fam Genny and wahaha, Thanks! I think I understand, that Lead Champion Group pledged its shares to the bank and was forced to sell. Fam Genny, thanks for sharing info from the SGM. If I understand correctly, Lead Champion pledged its CSL shares and a 1.6 billion Renminbi cash deposit as collateral for a loan? And Lead was forced to sell when the value of the collateral dropped? His comment that the shares might have been owned by the demised MD is strange, since Lead Champion owned the shares, not the ex-MD. You have a good point, the company has lots of cash in the bank (which the auditors should be able to easily verify) and good free cash flow. This company is either dirt cheap or a fraud, and I guess time will tell. At the risk of sounding prejudiced, the fact that Mr. Chan Fung is a Hong Kong citizen instead of from the PRC is somewhat comforting. The one time I was burned in a fraud, the Chinese insiders of a listed Hong Kong holding company took the chops of the Chinese subsidiaries and the holding company was bankrupted.

Posted by shareprofit > 2014-02-24 12:15 | Report Abuse

Pre results doom and gloom...a dark cloud hanging..some ppl running for cover.

Posted by shareprofit > 2014-02-24 12:32 | Report Abuse

Will 0.21 able to support in th aftrnoon??? Will those who buy last week got holding power?
Only big sell..no big purchase...

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-24 12:46 | Report Abuse

Elpin..,The Company's cash is not the directors'cash,the cash cannot be used as a collateral for the loan of the CSL shares pledged by the directors n if they do it,it is amounting to embezzlement/misappropriation of fund which is criminal if the director does it.
The CSL shares pledged are used as collateral for loan borrowed by the directors n when it has become a falling knife they have no choice but succumb to forced selling if they don't have sufficient fund to top-up or service their interest.When the supply of shares is increased greatly,naturally it causes the drastic drop in the share price even the company performance is excellent unless they are able to mop up the excess shares floating in the market.
These circumstances probably have brought about the tradegy to CSL investors causing huge losses to everyone except punters.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-24 12:53 | Report Abuse

Elpin,I am 100% sure of the fixed deposit of RMB1.6bln n MR CF declared it in front of the shareholders and registrar,Co Secretary n Auditors n mentioned it was kept in China Agricultural Bank.

Posted by shareprofit > 2014-02-24 13:03 | Report Abuse

so....anothr reasons not declaring divident...all money locked in fd...wow, fj..ur the best cf assistant wif so creative reasons for this and that!!!!!

hamitouzhi

517 posts

Posted by hamitouzhi > 2014-02-24 14:04 | Report Abuse

China company normally is like that la; example Msports also promised to pay 20% of the profit, 2010 paid div 2.5c, 2011 paid div 3.11c, but 2012 & 2013 reluctant to pay the dividend although profit!

hamitouzhi

517 posts

Posted by hamitouzhi > 2014-02-24 14:17 | Report Abuse

I don't think people dare to buy China IPO again.

hamitouzhi

517 posts

Posted by hamitouzhi > 2014-02-24 14:25 | Report Abuse

your saving trapped inside these company & no dividend pay out

Posted by shareprofit > 2014-02-24 14:42 | Report Abuse

well said hami...still..some chinagal here praise cf like god...

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-02-24 14:51 | Report Abuse

Hamitouzhi,I am confident CSL is different from other Chinese companies bcos 1) they have declared it publicly during SGM 2)it is very liquid n the interest alone is enough to service the dividend n who knows maybe even bonus dividend.
Just wait for the announcements n be patient.

Posted by shareprofit > 2014-02-24 14:55 | Report Abuse

fj...care to take down 0.215 70000lots to show ur love to csl..talk is cheap

Posted by shareprofit > 2014-02-24 15:10 | Report Abuse

better sell while u can...ppl dumping dy..and its just the beginning...no talk from fj can propped up a con stock...like wat soros said...cu at 10sen

wahaha126

3,120 posts

Posted by wahaha126 > 2014-02-24 15:17 | Report Abuse

I'M collecting at 21c..hehehe1

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