Millions of gangster's money invested in this company. We try very hard to earn money the good way, you know what I mean? My boss is wondering if CF and his friends will get DEATH penalty if found to have been falsifying financial reports. Anyway, anyone knows when and where is the next AGM meeting? My boss wants to be friend with CF and make sure there's no conflict of interest between them. Can anyone help?
The price of 20c is already factored that there is something amiss like a hole in the cash coffer.IT is better to make a police report in China police station and Malaysian Police than make friend with MR CF so that the money can be coughed by him back to the CSL quietly.In this world there are laws to punish the crooks including gangsters who defy the laws especially in China bcos the police is in full control of the lawbreakers.So don't use threats if not you got arrested before you catch MR CF. You can make report on suspicion of cheating to put him in the records of police without enough evidence and let the criminal police check on the banks.
You've probably saved yourself a lot of unnecessary stress and heartache, most importantly, you have protected your investment from further potential loss. Probably a hard decision to make, but the right one.
There are many other counters waiting to break-out..good luck!
Warrior,if I have exchanged CSL for Asiabio at .075,I would have made tons of money.I would have made at least RM30k but I didn't do that bcos of great affection for CSL's fa but since it might be manipulated I had to take the precaution in case it was,I had to let go for wisdom sake.I left only 10000 shares so take care bcos it is too difficult to fight a irresponsible boss.
Dear FJ, I have disposed my Entire 3 millions CSL shares just now at 0.1950, at a loss of 0.0075 cts average per shares, switching to other Counters leh........., hihihihi
To me it doesn't matter there are many IT counters to buy that are still cheap.I bought Asiabio and made a few thousands so may go in when it drops to the level that is safe.All my other counters are safe and making money so I believe I can recover my losses. I hope you can diversify your portfolio to minimise risk. Jackytheman and Alexofb2b,which counters you think are good,maybe I can help to read the chart for you besides the FA.
Venomv,your explanation is perfect,thks,blind loyalty is foolish,must come to senses even decision is really difficult to make when affection is being forged.
don't worry if buy at 0.19, i will still hold until 0.22 my target price xxxxxxxx, if down after 0.19 i will buy as much as can, the time will come , but don't buy if no holding power, this share not a goreng share, need to wait...... sure .
FJ, INSAS is my next Target to increase my stake ( i have bought some below 1.000).., now am waiting its dips for more New entries leh......................
Alexofb2b,insas is a better one,I hold some insas,you can consider EAH,asiabio when they are cheaper.I don't like properties cos their income derived from each project which is not long lasting and cannot generate income once they don't land.I refer IT companies which can generate good income.
Wantanmee,if the whole a/c is genuine it is the best of the best and if the fire does not happen I will stick to my conviction.But if I still persist I will risk my whole investment to potential loss due suspension bcos it seems they have ceased production.What is your choice if you are me,to give up to attain peace of mind.
With the fire on Plant 4 and the admin building, it is best to stay out first. Let the whole issues being settled and once all roads are clear, you will still be able to get some good fruits from this counter. As long the road still foggy why take the risk....unless you have deep deep pocket. This reminds me of Transmile, Silver Bird, Maemode and many others.
Dear all, since some of you invest such a big amount in CSL, did anyone take a visit to the china HQ or factory talk to their staff, get more understanding for CSL financial situation, production stages and etc? I think buy a ticket make a trip to make yourself invest more confidence is worth. Can ask the local worker, did they get their salary pay late? Did the production slowing down before fire? Is there any team building happen in their company. How they feel on their boss and etc. if u can get a confidence answer, then u can dump all ur capital into this counter and sleep nice.
I think we can create a Facebook page on this. Let gather some funding find 1 or 2 representative who well prepare with questions that we all need to ask. Then send these 1 or 2 representative to their factory. If everything good. We can have better move for CSL.
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....
Fam Jenny
7,724 posts
Posted by Fam Jenny > 2014-04-17 21:15 | Report Abuse
Continue:we still have the Chinese auditors to audit the a/cs.