Posted by AyamTua > 2014-05-10 23:52 | Report Abuse

even accidentaly invest into NTPM for example in 2011 ... everyone beat all the market growth rate loh ....... see NTPM chart and compare with CSL ! ... kikikikiki aiyooo.. blind blind invest in LUSTER or HARVEST or TIGER and ASUPREM .. if follow shark rythm... also still can make money ... CSL???? aiyooo... takut loh better donate to charities loh ...

end of story ? kedai terbakar loh, cannot find info loh, then what? tutup loh ... cabut loh ...... typical con sudah loh (CSL) ... kikiki

Posted by AyamTua > 2014-05-10 23:54 | Report Abuse

be weary about announcement that says "burnt factory lah, burnt shop lah, burnt this that lah" etc .......... be weary .... all hard earned money can be gone in matters of hours, months , days etc ..... better donate to charity or keep money under the pillow loh or give to grandma to keep loh ..... hihihihihi

Posted by MAMEE MONSTER > 2014-05-10 23:56 | Report Abuse

I dreamed a dream. I dreamed that CSL will up up up up up up with dividends.

EAT MAMEE is better.

I forgo the chance of gains in HEXZA. Is this MAMEE?

Is this MAMEE everybody knows?

Am I drunk?

Posted by DRwarrant > 2014-05-10 23:57 | Report Abuse

Agree....this thread on CSL will be HOTTINGGGG & EXPLODINGG !!....

OK....' UNITED we TIEW the CSL '....how about that SC / BURSA for allowing such A KAPUT COMPANY to be listed over here and then 'ROB' our innocent comrades ?...This SC/BURSA can't runnnn away just like that- ' cuci tangan' , they too must be 'TIEW ' also....

No need to fight among aourselves , UNITED WE GIVE STRONG SIGNAL , even WARNING to them >> CSL + SC + BURSA !!

Posted by MAMEE MONSTER > 2014-05-10 23:58 | Report Abuse

Where am I? Heaven? Hell? or HEXZA?

Posted by wahihi126 Kikiki126 > 2014-05-10 23:58 | Report Abuse

http://wickedonna1.tumblr.com/post/82275100940/2014-4-9

Posted by AyamTua > 2014-05-10 23:58 | Report Abuse

Posted by Alexofb2b > May 10, 2014 11:48 PM | Report Abuse

AyamTua , i think this forum will come in Top in no time lor........

--- i know.... if top.. even more pitiful sohai will come and introduce more sohai to punt in hope this counter can go up .... wahahahaha last day of PATIMAS pun kana gonleng loh .... kikikiki what to do people want to gambling ...... loh... but pity those genuine newbie........ hopefully people new to investment dont fall into this trap of blackhole loh even light kena sucked in loh..

kikikiki

Posted by AyamTua > 2014-05-11 00:01 | Report Abuse

MAMEE MONSTER Where am I? Heaven? Hell? or HEXZA?
10/05/2014 23:58

-- hexza is graham net net .... not graham bet bet .. kikikiki with potential of privatization .... heard that somewhere! kikikiki

Posted by AyamTua > 2014-05-11 00:03 | Report Abuse

Posted by Cweed > May 10, 2014 08:36 PM | Report Abuse X

http://www.theedgemalaysia.com/business-news/289000-highlight-bursa-listed-chinese-firms-scrutinised-on-falling-profitability-non-compliance-the-edge-malaysia-reports-.html

read , print and paste over the wall and open eyes big big loh ... about investing in china stocks loh ..... kikikiki

Posted by wahihi126 Kikiki126 > 2014-05-11 00:09 | Report Abuse

We must thanks to ayam comel lead me to the http://wickedonna1.tumblr.com/post/82275100940/2014-4-9

This one could not be fake kua?.... So real and so scarcely !

Posted by DRwarrant > 2014-05-11 00:10 | Report Abuse

anyway i got nostalgic punt with CSL - CA , CB ,,,easy lui...$$$$$$
even with csl-wa too --- up to the extended etension granted still wallappp the angpows !
now stop punting liao ...smelled edi thier tactic ....suddent death !!

Posted by wahihi126 Kikiki126 > 2014-05-11 00:16 | Report Abuse

How come cash rich plc company behave such a donkey style, ar.?

Posted by Fam Jenny > 2014-05-11 08:17 | Report Abuse

Wahihi126ki.....,do you remember the story of shark makes love with buaya will produce mermaid which will eventually have legs on land.

Posted by wahihi126 Kikiki126 > 2014-05-11 08:57 | Report Abuse

FJ, wow you still remembered that one,lol but I have forgotten who got that idea, hihi very funny ler!,but she forgot to give a name.... I will propose for this " BuaShark".... I don think BuaShark dare to try luck this time!........if dare to ,May be the buaya only, bcos shark dunno how to pretend crying,,, but buaya do. .....""crocodile tear"

Posted by Fam Jenny > 2014-05-11 09:02 | Report Abuse

DRwarrant,I support you don't fight among us but fight against the real enemies who want to impovish us as you mentioned earlier and also a plot to destroy our wealth for their real scheme.
Ponder over my story of King David especially the last sentence and what playboy had asked me to do.

Posted by kk123 > 2014-05-11 09:09 | Report Abuse

You all shld organized a victim group and them demonstrate in front of bursa main office
That will get the regulators attention.
All china co and listing are actually con job and scams

Posted by wahihi126 Kikiki126 > 2014-05-11 09:18 | Report Abuse

Kk123: must also make sure AyamComel shouldn't join the demonstrate team! Tomorrow he will lose his underwear by tomorrow morning 9: 05am!

Posted by wahihi126 Kikiki126 > 2014-05-11 09:21 | Report Abuse

A picture paints a thousand words!

Posted by wahihi126 Kikiki126 > 2014-05-11 09:28 | Report Abuse

The meaning of the picture no6 ( top to bottom)from the previous attachment photo

，https://maps.google.co.uk/maps?q=公平路莆田市&oe=UTF-8&hl=en-gb&client=safari&ie=UTF-8&ei=8dBuU7qOE8Gnrgeyi4DwDQ&ved=0CAgQ_AUoA

Posted by wahihi126 Kikiki126 > 2014-05-11 09:40 | Report Abuse

Just to compare photo image vs real image!

http://www.sakura-china.com/uploadfiles/image/temp/historyPic1.jpg

Posted by wahihi126 Kikiki126 > 2014-05-11 09:43 | Report Abuse

1242,768,000% confirmed real photo snapshot!

Posted by DRwarrant > 2014-05-11 10:01 | Report Abuse

CSL / CSL-WA victims to demo in front of BURSA / SC ?.....like the RUM ( malayan railway union ) ?....GOOD IDEA as BURSA / SC too are responsible for allowing such a KAPUT company to be listed over -here

Posted by wahihi126 Kikiki126 > 2014-05-11 10:04 | Report Abuse

Translation for last photo attach: pay back our 6 months blood- sweat and tears salary! Gov is not helping at all,our back dated salary seems to be delayed until further notice!

Posted by wahihi126 Kikiki126 > 2014-05-11 10:13 | Report Abuse

With the above proven photo, still got orang gile wanna promote this Chinese Sinful Lady ( CSL).Oh..think twice , it's just another day for you and me in paradise, IF you not buy or hold CSL! Kantoi!

Posted by Feizal Mazlan > 2014-05-11 10:42 | Report Abuse

DRwarrant: I support u for ur effort. Better do it tomorrow and teach them a BIG LESSON to BURSA/SC and CSL. Demonstration is the best weapon otherwise they won't know how desperate we are.
If LENO join in for 2morrow demonstration I can see it will be more painful to them. Only guessing !!. He he.

Posted by wahihi126 Kikiki126 > 2014-05-11 12:30 | Report Abuse

Still remember WG capital.com & kenanga investment .......hmmmmmm! http://wgcapital.com

Posted by wahihi126 Kikiki126 > 2014-05-11 12:33 | Report Abuse

PELIKAN, dato lua choon hann, MCA!,kenanga , tabung Haji!, Fookhoontan LLP,RT LLP....bursa security...

Posted by wahihi126 Kikiki126 > 2014-05-11 12:56 | Report Abuse

My last post.......wait until 30 June 2014 , I will be back then, just tolong untuk "makan kuih Gulung tikar"...sayonara temporary! Bye ! Last advice! Trade with vigilant!

Posted by RedEagle > 2014-05-11 13:10 | Report Abuse

Slowly dispose.. ayo so sad..

Posted by alphajack > 2014-05-11 13:15 | Report Abuse

Accounting fraud..soon 0..

Posted by DRwarrant > 2014-05-11 15:30 | Report Abuse

prrgghhhhhhhhhhhhhhh...CSL / csl-wa !

Posted by Cweed > 2014-05-11 17:41 | Report Abuse

More outdated article. But still relevant. Moral of the story, avoid China based stocks at Bursa.


Business NewsHome > Business > Business News

Published: Saturday May 3, 2014 MYT 12:00:00 AM
Updated: Saturday May 3, 2014 MYT 7:34:28 AM
China firms plagued by accounting issues
BY WONG WEI-SHEN

There seems to be a flurry of mainland China companies listed on Bursa Malaysia that are battling accounting issues.

Such is the case of China Stationery Ltd (CSL), who has asked Bursa for an extension of time to submit its audited annual statements for the financial year ended Dec 31, 2013 due to a fire incident at one of its plants in Fujian Province, China.

On April 30, Bursa granted CSL an extension of two months from May 1, 2014 to June 30 to announce its audited financial statements, initially due on April 30.

The company has also been given up to July 31 to announce its results for the first quarter ended March 31, which was due on May 31.

The extensions are subject to monthly updates from the company on the police investigation report for the fire incident.

Should CSL fail to issue the audited financial statements within five market days after the extended deadline, Bursa will suspend all trading activities in the counter.

CSL faces the risk of being delisted if it still does not submit the audited financial statements within six months from the extension deadline.

The unfortunate fire incident destroyed approximately 10,000 sq m of the 15,422 sq m production plant in Fujian Province on April 4. Its auditors Messrs RT LLP said it was unable to proceed with “walk-in bank confirmations”, sight of fixed assets, as well as complete the audit fieldwork on CSL’s subsidiaries in China.

“The aforementioned procedures are crucial for us to issue an audit opinion on the group’s financial statements for the financial year ended Dec 31, 2013,” it said an announcement with Bursa.

The company’s unaudited earnings fell to RM207mil from RM226.7mil a year ago on lower revenue of RM949.52mil, due to decrease in sales of patented products.

The external auditors of China Ouhua Winery Holdings Ltd, another mainland China company listed on Bursa, have expressed a qualified opinion on the company’s accounts for the financial year ended Dec 31, 2013.

Messrs Helmi Talib & Co said in a statement they were not able to verify the figures in China Ouhua’s trade and other receivables.

It raised doubts over the recoverability of the deposits of 118.8 million renminbi (RM62mil) that the company paid to acquire land in Yantai City last year.

Furthermore, no independent professional valuation on the acquired asset was made. “In absence of an independent valuation, we were unable to ascertain whether the net recoverable amount of the assets acquired will exceed the total purchase consideration,” the auditors said.

Additionally, its trade receivables amounting to 44.93 million renminbi, were past due but not impaired as at the year-end. “We were unable to obtain sufficient appropriate evidence about the collectability of the group’s past due trade receivables. Consequently, we were unable to determine whether any impairment adjustment to this amount was necessary,” Messrs Helmi Talib & Co said.

China Ouhua widened its net loss for 2013 to RM47mil from a net loss of RM8,400 in the previous year. Revenue fell to RM17.9mil from RM76.27mil a year ago due to the downward trend of the winery market in China.

Meanwhile, shares in convenient food specialist HB Global Ltd have been suspended resulting from failure in submitting its annual audited accounts for the financial year ended Dec 31, 2013.

On April 29 the company announced that its submission of accounts will be delayed following the recent change in auditors on April 21. HB Global had proposed to change its auditor to UHY Lee Seng Chan & Co in place of Paul Wan & Co that has given notice not to seek reappointment as auditor of the company.

In May last year, Paul Wan raised red flags when it issued a disclaimer of opinion, citing irregularities in HB Global’s financial statements for the year ended Dec 31, 2012. It questioned the company on the proper accounting for bank balances, trade receivables and trade payables for the corresponding transactions in the group for 2012, and the completeness of HB Global’s accounting records.

BDO Governance Advisory Sdn Bhd was appointed on May 22, 2013 to conduct a special audit on the company’s 2012 accounts.

Later in mid-October, HB Global announced that BDO was able to reconcile the cash balance, trade receivables and trade payables, contrary to Paul Wan’s disclaimer opinion.

HB Global told Bursa Malaysia that it would seek legal advice on action to be taken against its previous auditor.

Posted by _________IRENE_TIONG > 2014-05-11 18:04 | Report Abuse

Pay for Lawn Service – You could save $150 a month, get some healthy exercise and maybe even a bit of a tan just by mowing your own yard.
Go to a Hair Stylist – Even the cheapest barber shops charge men $15 - $20 for a haircut these days. If you’re a woman, it may cost well over $50 a visit. Dying your hair? You’re broke!
Use Time as a Measurement for Success – The millionaire next door measures success based on output quality, the results. The amount of time spent on something means nothing if the results do not meet the expectations.
Buy Brand New Cars – Why would anyone pay the full retail price worth half a year’s salary for the fastest depreciating assent on Earth? We are brainwashed!
Carry a Monthly Credit Card Balance – Carrying a monthly credit card balance only makes sense if you enjoy poverty. Monthly interest payments can add up to hundreds of dollars over the course of a year. Do not buy “stuff” right now that you cannot afford to pay for in cash right now!
Eat Out on a Regular Basis – With the recent price increases in corn, wheat and dairy products, preparing your own food is already expensive enough. If you eat out you will pay triple the price. If done on a regular basis you will waste a few thousand dollars a year.
Think He Knows It All – People who think they know it all stop learning and thus become unaware of new opportunities. Once you lose awareness, you lose.
Socialize with People Who Waste Money – The people you socialize with influence your habits. It is impossible to save money if you constantly hang around people who blow it all.
Desire Instant Gratification – You have to think long-term to attain long-term success. The millionaire next door desires long-term deferred compensation over instant gratification.
Pay Retail for Name Brand Clothing – You can easily save hundreds of dollars a year on clothing purchases by waiting for sales or shopping at discount retailers like Marshalls. Better yet, avoid name brand clothing all together.
Keep His Money in a Checking Account – If you want to increase your wealth you have to set your money up to make more money. Most checking accounts yield little to nothing in interest. Think long-term (5 years +). Invest in quality stocks, bonds and mutual funds, especially those with high yield dividends and interest. Or buy some land in an area with growth potential.
Replace What is Not Broken – The millionaire next door fixes things. Fixing something is usually significantly cheaper than buying a brand new replacement, especially if you fix it yourself.
Visit the Tanning Bed – $25 a month for skin cancer? Where do I sign up? If you want a tan, move to Florida. For those that live in Florida and still go to the tanning bed… WOW!
Impulse Buy – Impulse buying wastes money and leads to a cluttered house full of “stuff” you don’t need or use. If you see something you like at the mall, walk away. Think on it for a day or two. If it still holds value in your mind, maybe it’s worth buying. Never buy something the first time you see it.
Waste Time on Senseless Activities – They say time is money. In actuality, time is far more important than money. Time is your life. If you waste it, you will fail.
Focus His Attention on Negative Obstacles – If you focus all your attention on negative obstacles, you will lose sight of the finish line. You can’t get there if you can’t see it.
Bet The Farm – The millionaire next door takes evenly weighted, calculated risks on long term investments. If you go “all in”, you’re gambling, not investing.
Fly First-class – Would you pay $400 to sit in a leather chair for a couple of hours? That’s exactly what you do when you fly first class. Huge waste of money!
Rent – The millionaire next door has a long-term mindset. In the long-term, owning something is always more cost effective than renting it. The key is to purchase quality products for long-standing use.
Earn Every Dollar He Makes at His Day Job – Two words: Passive Income. You can be sure the millionaire next door invests his money wisely. These investments create a solid passive income stream that grows over time. If your money isn’t making you more money, you’ll never be wealthy.

Posted by CASH_____IRENE_TIONG > 2014-05-11 22:50 | Report Abuse

I NEED CASH. WHO CAN TELL ME HOW TO EARN MONEY ?

Posted by DRwarrant > 2014-05-12 00:19 | Report Abuse

those having CSL / csl-wa sure can't sleep well haaaa.....
PRAY even harder now for HAPPY - ENDING ......

Posted by Playboy > 2014-05-12 08:01 | Report Abuse

Irene Tiong ..You are not made to live forever...

Posted by alam > 2014-05-12 10:07 | Report Abuse

DATUK,

→ !!! ! WHAT IS THE COMPANY NAME APPEARED ON THE PHOTOSTATED FD?
→ !!!! SAKURA FUJIAN OR RUIYUAN?
→ What is the start date of deposits
→ What is the rate% printed on the FD?

INVESTORS:
→ HARVEST owner, be careful. I don't know if wahaha126 will goreng HARVEST to 40 sen?

Posted by Playboy > 2014-05-12 10:09 | Report Abuse

once in a life time chance ...now or never.buy buy buy put all in this busket..

Posted by Fam Jenny > 2014-05-12 10:17 | Report Abuse

Playboy,you still believe they will play up and how much?

Posted by Playboy > 2014-05-12 10:24 | Report Abuse

not all is burned, ..its still survive and can wake up.

Posted by Fam Jenny > 2014-05-12 10:34 | Report Abuse

You are trapped at 16c,now you are wishing it will move when 99% think is hopeless.In normal case,you are the odd one who will win but with counter that is condemned from head to toes,the chance is very slim unless MR CF and othe cronies come to your rescue and you all play the game,hope you are fortunate enough this round if not,you will live without peace of mind like us earlier.

Posted by Playboy > 2014-05-12 10:49 | Report Abuse

16c is still a good price..and peace of mind come when you sure where you are going after death.

Posted by thhi3investB > 2014-05-12 11:02 | Report Abuse

Expecting a free fall, but it does not happen. This counter may be lousy but it is still not a write off. Any favorable feedback or statement from the company or SC will make it spring to life.

Posted by LATO' SELI > 2014-05-12 11:08 | Report Abuse

Queue at 8sen

Posted by Playboy > 2014-05-12 11:15 | Report Abuse

lots of us afraid to talk about death..but wise person must always be ready cos its surely come to us and its can be today..ho ho ho..

Posted by Fam Jenny > 2014-05-12 11:19 | Report Abuse

Thhi3investB,this counter fleeces everyone so it is in a situation where even an angel fears to thread as confidence is totally lost and this is what the management hopes for and they are successful in their plot.

Posted by LATO' SELI > 2014-05-12 11:32 | Report Abuse

Agree, I will,collect @ less than 10 sen

Posted by Fam Jenny > 2014-05-12 11:42 | Report Abuse

Lato'sell,if they never rebuild their premises,present the a/c and never resume normal production even 5c is not worth it.Then automatically goes private and sets up another factory in another country where the cost of production is lower and channels all their international links to it we also cannot do anything so just be prudent with it.

Posted by hamitouzhi > 2014-05-12 11:43 | Report Abuse

hopefully can reach over 30c next year

Posted by Fam Jenny > 2014-05-12 11:59 | Report Abuse

Hamitouzhi,sometimes we to have to expect the worst scenario with this type of management who is ruthless and merciless,I am surprised you haven't loss but respect your rights of choice bcos money is yours.I am totally disillusioned with it and have great phobia to invest in it unless mentally equipped to anticipate total loss.