Posted by edkfc > 2014-03-05 22:33 | Report Abuse

Gemlover and Farmjenny, I have some data to share with you on current shareholder list. Do write to following
email for my response..edkfc@hotmail.com.

Posted by ladahitam > 2014-03-05 22:42 | Report Abuse

dividend update- nothing tabled for this month board meeting. Perhaps next month meeting... stay tuned

Posted by mengcourt > 2014-03-05 23:01 | Report Abuse

edkfc, how about sharing your info openly for benefits of others too.

Posted by Fam Jenny > 2014-03-05 23:23 | Report Abuse

ELpin...,Business background:China Stationery Limited(China Stationery) is a holding company.China Stationery is an integrated plastic stationery company with its own brands of plastic stationery products.Its products are sold under its own brands,such as SAkura,Nachi and Foldersys.The Company designs,manufactures and sells an assortment approximately 450 plastic fillings and storage products,such as expandable files,pocket files with sheet protectors,compact disc holder files,business card holders and albums.Its plastic tape printer is used by small and medium enterprises(SME) in China and globally to print customised adhesive tape labels used to seal corrugated or packaging boxes.IT also undertakes original equipment manufacturer(OEM)manufacturing for its customers.The Company's subsidiaries include Sunwealth Group Limited,Campus Developments Limited,Ruiyuan(Fujian)Enterprise Co.,Ltd,Sakura (Fujian)Plastic Entertainment CO.,Ltd and Sakura(Fujian) Packaging & Stationery Co.LTD.
Hope you have much better understanding of CSL.

Posted by elpinchegringo > 2014-03-06 06:13 | Report Abuse

Thanks again Jenny. The explanation of the change of auditor provided to you at the SGM is consistent with Grant Thornton's letter to the company on November 29 announcing its resignation, contained in http://www.bursamalaysia.com/market/listed-companies/company-announcements/1501157. Quoting from the letter, "We understand that the Company intends to appoint new auditors in our stead with effect from and subject to approval of shareholders being obtained. Accordingly we give notice of our intention to resign as auditors subject to and with effect from the Shareholder's Approval." In other words, based on this letter, it does sound like they were asked to resign by the Company. You would worry if Grant Thornton were the one wanting to terminate the relationship.

You of course have the advantage of seeing them in person, that we don't. As you know it's easier to judge whether someone is lying when you can hear their responses and see their facial expressions.

I was leaning toward avoiding this counter because of the red flags, but because of your comments am now leaning towards buying some. I just wish they hadn't gone public so recently. When you have, say, 5 years or more history as a public company you can get a pretty good idea from the financial statements and from the actions of management and insiders as to how they treat minority shareholders. With this one you don't have that history yet.

Posted by pancake > 2014-03-06 08:51 | Report Abuse

FJ: buying csl is tantamount to throw money into river. The only different is when you throwing the coin into river carried sound and ripple but csl will not.

Posted by Fam Jenny > 2014-03-06 09:42 | Report Abuse

I believe a significant/stategetic investor is in CSL now,only the foolish is leaving for more expensive stocks but not better.

Posted by Fam Jenny > 2014-03-06 09:48 | Report Abuse

ELpin....CSL business is in operation for around 15 to 20 years.I was told they got approval listing in 2008 in s'pore Exchange but they declined the market conditions were favourable then.

Posted by malcomW > 2014-03-06 09:52 | Report Abuse

Waiting at 0.20 kikikiki, come to papa

Posted by hamitouzhi > 2014-03-06 11:14 | Report Abuse

the interested thing is Msports & CSL replace the same new auditors, also on same date.

Posted by Fam Jenny > 2014-03-06 11:54 | Report Abuse

The directors may be friends and also the Chinese are clannish by culture and it is not easy for anyone to vanish into thin air.

Posted by pancake > 2014-03-06 14:14 | Report Abuse

Feb 24 2012: rm1.14,
April 19 2012: rm1.93,
July 2 2012 :rm1.55;
sept 3,2012: rm1.17,
dec 3, 2012- rm0.83
Feb 1, 2013 : rm0.765
Mar 1, 2013 rm0.55
Apr 1, 2013: RM-0.415,
May 2, 2013: RM.0.30
June 3, 2013 : RM0.355
July 1, 2013 RM0.285
Aug 1, 2013: RM0.27
OCT 1, 2013-Feb 2014: rm0.195-rm0.22

Best stock in Bursa !!!!! Great !

Posted by pancake > 2014-03-06 14:15 | Report Abuse

Mar2014-June 2014 ????? Ccccccccc

Posted by hamitouzhi > 2014-03-06 14:25 | Report Abuse

the sad journey! .........:(

Posted by kingcobra > 2014-03-06 14:26 | Report Abuse

RM 0.175!

Posted by pancake > 2014-03-06 14:37 | Report Abuse

this is a con stock !

Posted by pancake > 2014-03-06 14:52 | Report Abuse

FJ....is this a great stock???

Posted by rox639 > 2014-03-06 15:52 | Report Abuse

csl 睡美人 快睡着了。。。等着你。。。快快出手相助吧！！160是有可能的！！

Posted by Fam Jenny > 2014-03-06 18:23 | Report Abuse

Pancake,if CSL being audited and under the Bursa's scrutiny is not reliable and not safe.Then all other counters can have fake a/cs and cannot buy because they are much more expensive and the exposure of risk is far higher.
I love it is my business and if you don't like you can dispose it if you ever own them.

Posted by Wantanmee > 2014-03-06 19:03 | Report Abuse

Ciao. Con stock

Posted by Fam Jenny > 2014-03-06 19:13 | Report Abuse

Wantanmee,if I know you personally maybe I will believe you,in internet I trust no one,anyone can be a crook under disguise,very sorry.a big no.just get lost pls.

Posted by Fam Jenny > 2014-03-06 20:21 | Report Abuse

I was told those who buy and sell at the price were under investigation by Bursa if they are guilty their trading will be terminated.

Posted by Fam Jenny > 2014-03-06 20:22 | Report Abuse

Correction: ... at the same price.....

Posted by ladahitam > 2014-03-06 22:11 | Report Abuse

some dirty laundry on the trading of this counter will be released soon. whether it has positive or negative on the share price, is left to be seen. Clue the culprit starts with K.....

Posted by imoogi99 > 2014-03-07 00:08 | Report Abuse

Dirty laundry???? If it is dirty then how can be positive....but let see what's the news....lol!

Posted by Fam Jenny > 2014-03-07 00:24 | Report Abuse

It will be good news for CSL if the culprits are caught becos the oppression on the share price has stopped and allows CSL price to recover/float to its level that is at par to its earning, dividend and pe ratio.Currently at 21c is at a discount of 70% of market value and hopefully it will be recognised as a stock of good value.Cheers to investors and boos to the culprits.

Posted by imoogi99 > 2014-03-07 00:27 | Report Abuse

FJ, ladahitam said the culprit starts with K doesnt sound good to me. Anyway let the news out first.

Posted by local > 2014-03-07 10:40 | Report Abuse

ladahitam, where you sources of this laundry man ?is that laundry activity kerb? tell more about tis , sound interesting ... TQ

Posted by local > 2014-03-07 10:42 | Report Abuse

volume pick up now, bcos of some bad activities blocked?hope price will rise soon.

Posted by 4aLiving > 2014-03-07 11:06 | Report Abuse

Why no dividends announce? Can someone with top connection tell ceo/director to take care of Minority Shareholders?? In paper i think its worth at least RM0.80 per share. But who interested to invest with "0" dividends... sad

Posted by mengcourt > 2014-03-07 11:23 | Report Abuse

waiting for 0.14

Posted by clp72 > 2014-03-07 11:32 | Report Abuse

just looked at their announcements on bursa and there was a sharebuy back on the 27th Feb for 100 shares, is this is joke???

Posted by Fam Jenny > 2014-03-07 11:47 | Report Abuse

CLP,are you sleeping,it was 10,010,000 as reported by kimsum a few days ago.
Many hostile bloggers are here but they are losing in their games bcos the investors are far too prudent than them.

Posted by 4aLiving > 2014-03-07 12:37 | Report Abuse

Dividends status, anyone can answer? Do you have any idea Fam Jenny

Posted by hamitouzhi > 2014-03-07 12:40 | Report Abuse

4aLiving, typical China Company policies, they don't like to pay dividend or pay minimal, example XDL, XingGuan, Msports & this CSL; even payout with 1~2% of the IPO price only; pity us all here, catching by this lousy China people. Pui! Pui! Pui!

Posted by hamitouzhi > 2014-03-07 12:45 | Report Abuse

even bank FD 3.05% is much better than these China Company dividend payout!

Posted by hamitouzhi > 2014-03-07 12:57 | Report Abuse

is't Bursa sleeping? allowing these China company came here to con our hard earn monies!!!!

Posted by Fam Jenny > 2014-03-07 13:20 | Report Abuse

If is based on 21c and earning per share =16.6c for year 2013,the dividend is 20% of 16.6c=3.2c less 10%=2.88c(tax exempted).
If dividend return = 2.88/21=13.7% which is far above the bank of 3.05%.
The balance of the earning is 16.6c -2.88c=13.72c will be kept by CSL for generating for income.Also in the future they can increase their dividend payout or dividend payout.
Also the cash of RMB1.6bln at 2.85% interest will yield an interest income of RMB45.56mln or 3.7C/share which enough to cover the dividend
payment.
Hamitouzhi,I always think you are very clever to count money but what you have just said shows otherwise.

Posted by Jec Tan > 2014-03-07 13:21 | Report Abuse

Calm down... CSL will flying high soon...

Posted by Fam Jenny > 2014-03-07 13:23 | Report Abuse

Correction:'.....payout or give bonus dividend.....'

Posted by Fam Jenny > 2014-03-07 13:25 | Report Abuse

JEC Tan,I hope so you are right.

Posted by Fam Jenny > 2014-03-07 13:31 | Report Abuse

4aliving,you will get it before AGM bcos MR CF will avoid scolding from us as he has promised us a dividend in the SGM,IS it correct,MR CF?

Posted by Ant > 2014-03-07 13:39 | Report Abuse

forget this counter... blue sky is outside the window.

Posted by Fam Jenny > 2014-03-07 13:48 | Report Abuse

Imoogi99,when Ladahitam mentioned lining laundry, he meant the culprit had used CSL as a vehicle for money laundering to buy and sell shares and it had nothing to do with the management and performance of the company,CSL.

Posted by Fam Jenny > 2014-03-07 13:53 | Report Abuse

Correction:'...dirty laundry,he.....'

Posted by Fam Jenny > 2014-03-07 14:59 | Report Abuse

Wahaha,you talk rubbish,that day you said if it didn't drop to 19.5c at closing you would disappear from this forum and at the closing it was 21c at 10mln done,where is your creditability of honouring your words.

Posted by Fam Jenny > 2014-03-07 15:22 | Report Abuse

You never represent Mr CF bcos that day they purposely bought 10kk to outst you so don't deceive the bloggers and you blog in other forums using different names.You are only a punter who recently lost money in other counters if I am not mistaken.

Posted by rox639 > 2014-03-07 17:12 | Report Abuse

谢谢出手相助！！升了点！

Posted by Wantanmee > 2014-03-07 17:57 | Report Abuse

Talk so much, what the tp for csl fk?

Posted by Wantanmee > 2014-03-07 17:59 | Report Abuse

Fj?