Posted by BEAMAN > 2014-04-04 16:58 | Report Abuse

fam jenny.. uptrend is in your days dream..

Posted by orangbiasa123 > 2014-04-07 16:57 | Report Abuse

Y keep?

Posted by basicinvestor > 2014-04-08 13:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=5214

Fire occur in their China Factory... Bad news..

Posted by Alex Yong > 2014-04-08 13:50 | Report Abuse

Wow, may be a windfall profits derived from Fire Insurance policy.....

Posted by wploun > 2014-04-08 14:00 | Report Abuse

Bad news come, don't panic sell ????
http://www.thestar.com.my/Business/Business-News/2014/04/08/China-Stationery-production-capacity-seriously-affected-by-fire/

Posted by MERAHMILANO > 2014-04-08 14:02 | Report Abuse

production capacity seriusly affected by fire at plant Fujian province,loss astimated at 12000 tonnes...keep suport CSL...

Posted by tomanhead > 2014-04-08 15:12 | Report Abuse

the report is crucial in determining the existance of the factory and it's operations,hence we know now that there actually is a factory out there,and ........The report also did not say anything happened to plant 1,2 and 3.

Posted by leno > 2014-04-08 15:17 | Report Abuse

Just a frenly advise ... they purposely burnt the empty factory to cover up their false inventory and machinary. Megan media last time pretend to shift factory when accountant go to factory and see empty. They go new factory also empty but megan said machine inside the tranfer lorry. So, be veri careful hor.

Posted by malcomW > 2014-04-08 15:30 | Report Abuse

Just sold all my remaining CSL shares, my higher ups say all SELL for CSL indefinitely, simply not worth the wait.

Posted by tomanhead > 2014-04-08 15:52 | Report Abuse

thanks for the advice,but i'm sure the sky is not falling yet.Yes there might be some delay,due to the insurance thing and i'm sure the factory will be up and running in no time.

Posted by hamitouzhi > 2014-04-08 16:15 | Report Abuse

wayang kulit started, typical China company's strategy, same trick as Msport before; pay u a little bit 1st & 2nd year dividend, then 3rd year kaput, from there no more payout again! almost same-same.

Posted by Tom > 2014-04-08 18:04 | Report Abuse

Jerry, go and Buy FAJAR, THHEAVY & SCH.

Posted by Tom > 2014-04-08 18:10 | Report Abuse

Now I know, wahaha, Fam Jenny are misleading every body since 2012.

Posted by hornetsjet > 2014-04-08 18:19 | Report Abuse

It's so suspicious, I personally support conspiracy statement. They will have the reason to play around with their financial report in coming quarter.

Posted by Alex Yong > 2014-04-08 18:22 | Report Abuse

So they wish that they can sell down CSL to below RM0.10 and then going Private ??? hihihi............

Posted by Jerry > 2014-04-08 18:24 | Report Abuse

Tom, i already cut loss when i read this annoucement. Today seems nothing happened but tomorrow sell down should start, my experience told me, supermx, Notion vitec, ENG etc.... all 1st day seems ok, but the following day horrible. Thanks for your recommendations, i have other better counters.

Posted by malcomW > 2014-04-08 18:36 | Report Abuse

Tomorrow will be a blood bath, Good Luck CSL investors. When the news starts to resonate, its gonna be ugly.

Posted by rlch > 2014-04-08 19:19 | Report Abuse

Please shift to XDL if you like low PE China stocks. Uptrending again and still cheap.

Posted by Fam Jenny > 2014-04-08 19:26 | Report Abuse

Don't worry only 10000sf of 15,000sq meter floor area is damaged and within 2 to 3 months it can resume production and the damages will be covered by insurance.
The most important thing is the fixed deposit 0f RM1.6bln and the RMB600,000 cash in current a/c are still intact bcos the directors have not run away with the money.With so much money they can use the money in the current a/c to roll over even there is no production.
If there is blood bath in the stock it will have started today and we don't have to wait still tomorrow.
You will regret if you sell it and I will hold tightly.

Posted by Fam Jenny > 2014-04-08 19:35 | Report Abuse

Merah...,excuse me it is not 12,000tonnage of goods destroyed it is the production capacity of 12000 tonnage is damaged including some machines and administrative office

Posted by jkd5956 > 2014-04-08 19:47 | Report Abuse

however csl won't worse than MAS.so don't worry.

Posted by Alex Yong > 2014-04-08 19:51 | Report Abuse

Hai, don't worry lah, be happy........

don't sell CSL cheap and you will be ok, just wait and see future development........

i AM GOING FOR A BEER NOW in the pub, hihihi..................

Posted by ladahitam > 2014-04-08 21:10 | Report Abuse

it is fully covered with insurance according to CFO- so hang in there

Posted by smartbeng > 2014-04-08 21:23 | Report Abuse

this incidence mayTemporarily may effected the daily operation/production and its insured (by insurance company). from one hand..

if Public Confident and Pessimistic is the Major factor fall of early share Prices, its Good news as these incidence INDICATED that there are Real physical factories and real productions and as per current position in which Consolidated at this discounted Price, we can observed some "smart money" are collecting from the bottom support prices since months.

from Risk/Profit ratio analysis is a YES for medium-long term investors.

_smartbeng

Posted by alenac > 2014-04-08 22:31 | Report Abuse

OMG, same modus operandi as company who wants to cheat shareholders by having a borne fire and write off inflated assets. After used all the cash resources to justify building new factory. In that way all artificial cash can then be justified via capitalising as fixed assets.

Posted by Fam Jenny > 2014-04-08 22:49 | Report Abuse

Correction:...RMB1.6bln and RMB600mln cash in current...
Alenac, pls don't imagine so much,10000sq ft is the space of 4 shops only and doesn't need to build a factory.
It is not easy to cheat in China maybe after the sell-off comes the announcement of dividend and triggers the uptrend.

Posted by Wantanmee > 2014-04-09 09:21 | Report Abuse

The fire burnt part of the admin buidling ??? what happen to the important documents? worries !!!

Posted by Wantanmee > 2014-04-09 09:22 | Report Abuse

The cooking of great story is expected in the pipeline...if the past history is in repeating cycle!

Posted by Alex Yong > 2014-04-09 09:30 | Report Abuse

csl is no sell down lah, it is only a small fire, the Directors are waiting for your cheap cheap shares.... hihihi........

May God bless you

Posted by goldminer > 2014-04-09 09:30 | Report Abuse

ONG Fire! Please throw all shares to me

Queuing: 15sen / 50 Lots

Posted by ladahitam > 2014-04-09 09:47 | Report Abuse

pick up 300 lots between 0.195 & 0.20. Great bargain

Posted by AsiaWarrenBuffett > 2014-04-09 09:50 | Report Abuse

Jz wondering the cash being held in ringgit or yuan?
Anybody know?

Posted by Fam Jenny > 2014-04-09 10:00 | Report Abuse

CSL is a solid company except the management is scheming kind and they are the ones will lose out the most if the damages are huge bcos the are the biggest shareholders.You will be blessed if you are generous and fair to others,your wealth will be stripped off if you continue with bad motives at the expense of others,serve you right.Just listen, amend your bad ways and misfortune will depart from you if not more calamities will befall you until you stumble desperately.
The scriptures mention for the righteous ones they will overcome the problems but for the wicked ones they fall in their calamities when they face disasters.

Posted by Alex Yong > 2014-04-09 10:15 | Report Abuse

Fam Jenny, i love your posting above....... God Bless All .........

Posted by Fam Jenny > 2014-04-09 10:23 | Report Abuse

This teaching of wisdom is from the most high through the scriptures which also say He will allow not the righteous go hungry.

Posted by leno > 2014-04-09 10:39 | Report Abuse

Anyone recall Welli Multi ? Their office which store all important receipt, receivables also suddenly got burnt when independent accountant want to go to do audit. Desperate ppl dun care about ancient scripture lor ... they onli wan to save their skin. Welli multi go bancrupted in 2008
http://www.thestar.com.my/story.aspx/?file=%2f2010%2f10%2f12%2fbusiness%2f7206761&sec=business

Posted by leno > 2014-04-09 10:46 | Report Abuse

quote from auditor of Welli Multi :

"We have audited the adjustments as described in the said Note 33 to the financial statements of the Group for the year ended 31 December 2005. We have conducted our audit on the adjustments in accordance with approved standards of auditing in Malaysia.

We were informed by the Board of Directors of a fire that broke out in the administration department of the Group on the 25 November 2006. We were informed that the FIRE destroyed much of the accounting records and relevant documents for the year ended 31 December 2005 which were relevant to the audit of the adjustments. "

Posted by Fam Jenny > 2014-04-09 11:13 | Report Abuse

Leno,this is a different situation all their a/cs being audited on time and are well recorded with the auditors.They have RMB2.2bln in the banks and little debts so even the whole factory on fire we will still get 6 times back.
They are lacked in moral conduct by keeping the shares low to buy back cheap after disposing at high price.There is nothing wrong with their business as they are in exports and wholesale businesses, their huge goods are in containers probably park at deports.
The Chinese auditors have a full record of their valid documents up to dates and they have paid their taxes.
Recently I read a report of their oversea transactions by their forwarders,they are genuine business people except lack moral standard which is an important accument in business circle that demands high integrity.

Posted by Alex Yong > 2014-04-09 11:15 | Report Abuse

Fam Jenny, i suggest you send your beautiful posting to the local CSL board of Directors in KL office..... or may be we can jointly putting up an advertisement in local newspaper in the form of open letter from investors like us to CSL board of Directors..... .......

Posted by devilnevercry > 2014-04-09 11:36 | Report Abuse

guys fire burn documents but computer keep all the audited data and info.Not like last time already.They only can manipulate latest unaudited data.

Posted by Fam Jenny > 2014-04-09 11:39 | Report Abuse

Don't need if it goes down further I will buy more bcos in business they are capable except they are also very sore for they were forced by financial institution to sell their equity when the CEO suddenly died of heart attack.Actually they are also victims of circumstances so don't worry too much.IF they liquidate,I will get 5 to 6 times more and I am not afraid they will run off bcos I have more than 1000 relatives there to trace them.

Posted by Wantanmee > 2014-04-09 11:43 | Report Abuse

There might be another good reason for not giving out dividend as crucial documents were burnt.

The next dividend should is expected to roll out in 2015. LOL.

Posted by Fam Jenny > 2014-04-09 11:48 | Report Abuse

Then we will report to the police for cheating us and give them a bad record in the Chinese police station as they fail to fulfil the promise in the SGM and IPO.

Posted by leno > 2014-04-09 11:55 | Report Abuse

Careful hor ... last time i gave warning about welli multi also got someone say the same "not the same" ... that fellow keep defending and defending until he himself believe in his own "created" stories. He went cuckoo for few years.

This is my last post on CSL. Plz reflect on my warning and advise over and over. I am not newbie ... being in share market since 1997 hor. See lot of thing ... same stories ... repeating and repeating lor.

Sincere regards,
Leno the MOST PANLAI INVESTOR.

Posted by Alex Yong > 2014-04-09 11:55 | Report Abuse

Wow, Fam Jenny, you are a real Beauty with Brains lah........... good

Posted by Alex Yong > 2014-04-09 11:59 | Report Abuse

FAM JENNY, I have 5 millions units 0f CSL in the Buyer's que at 0.19000 right now.... , and will buy more at 0.18000....... May God Bless All

Posted by Fam Jenny > 2014-04-09 12:16 | Report Abuse

Leno, you are shouting in Insas forum it will reach RM2.00 how come still stagnant there,you better be there to advertise and not to condemn bcos the investors here are seasoned and smart.My exposure in market is maybe longer than you.

Posted by Alex Yong > 2014-04-09 12:22 | Report Abuse

Fam Jenny, i treat those yellings and shoutings as rubbish. ...

They are invisible to me.....hehehe.............

Posted by Wantanmee > 2014-04-09 12:25 | Report Abuse

Thank you Leno for your advice. It's not a bad idea to be prudence on Chinese stocks particlularly in CSL with so many shadow shows since mid 2012.

Posted by Wantanmee > 2014-04-09 12:30 | Report Abuse

I made a bit via Insas when the price was less than rm0.55 and sold on last week ....thanks to Leno's advice. Kamsiah.