I experienced since year 1997 and 2000, when Maybank dropped to RM2.90 friend asked not to buy worry on bank great lost because bought Indon bank, finally price shoot up to RM5.00 and i got it at RM7.20 until now. Rumour? No way, trust myself and even company delisted i can only blamed ownself. BTW CSL i got i from 0.125 and Warrant from 0.03, it is a good price is good to me, dropped furthe? Who cares, i paid in fulled what should i worry, drop more? Buy more. My share investment is , you dun want and sell down, i want. When time come, price rise you want to follow i sell back to you.
William Choong,a few month ago when my friend's husband lost RM500/- in Chinese company in S'pore so I made some enquiries about the operation of these companies.I was informed by a professional that the S'pore Exchange found out that these millions of cash were borrowed from an organisation for a period of time and they paid high interest to this organisation.Subsequently they delisted these companies bcos the shares are not sold in good faith. So you do take a high risk now in purchasing CSL shares because this question of high interest was put forward by an investor in the last AGM and if I had taken it seriously I would avoided this company and prevented the huge loss.Just take our warning as a good intention to help you to avoid a risky investment without any bias.
Minority holders you can write to Mr Tan Eng Kean email address: tangengkean @bursamalaysia.com for any clarification to any material rumours and report.
The company's obligation of continuous disclosure under Part E, Chapter 9 of the listing requirement, the company have an obligation to provide clarification to any material rumours or report, a link to the rule is provided below.
I ONLY KNOW THERE IS NO CSL PRODUCT EXIST IN MALAYSIA, ANY ONE KNOWS, PLEASE ENLIGHTEN ME BY POSTING THE EXAMPLES/PLACES/POPULAR SHOPS SELLING WAHAHA126
List of Chinese Stock Scams or Frauds or Companies Facing or Faced Securities Litigation in Hong Kong (OMG! 90% BERMUDA and CAYMAN Islands)
This list includes name of company, stock symbol, and place of incorporation. A - S China Plumbing Products Ltd. (SEHK: 8262) (Cayman Islands) ABC Communications (Holdings) Ltd. (SEHK: 30) (Bermuda) Asia Aluminum (SEHK: 930) (Bermuda) Automated Systems Holdings Ltd. (SEHK: 771) (Bermuda) Bep International (SEHK: 2326) (Bermuda) CIL Holdings Ltd. (SEHK: 479) (Bermuda) China Information Technology Development Ltd. (SEHK: 8178) (Cayman Islands) China Jin Hui Mining Corporation Ltd. (SEHK: 462) (Cayman Islands) China Medical and Bio Science Ltd. (SEHK: 8120) (Cayman Islands) China Nickel Resources Holdings Co. Ltd. (SEHK: 2889) (Cayman Islands) China Packaging Group Co. Ltd. (SEHK: 572) (Cayman Islands) China Post E-Commerce (Holdings) Ltd. (SEHK: 8041) (Cayman Islands) China Star Film Group Ltd. (SEHK: 8172) (Bermuda) China Trends Holdings Ltd. (SEHK: 8171) (Cayman Islands) Climax International Co. Ltd. (SEHK: 439) (Bermuda) EganaGoldpfeil (Holdings) Ltd. (SEHK: 48) (Cayman Islands) Extrawell Pharmaceutical Holdings Ltd. (SEHK: 858) (Bermuda) First Natural Foods (SEHK: 1076) (Bermuda) Fu Ji Food and Catering (SEHK: 1175) (Cayman Islands) Grand Field Group Holdings Ltd. (SEHK: 115) (Bermuda) Hong Kong Resources Holdings Co. Ltd. (SEHK: 2882) (Bermuda) Info Communication Holdings Ltd. (SEHK: 8082) (Cayman Islands) Jackin International Holdings Ltd. (SEHK: 630) (Bermuda) Kith Holdings Ltd. (SEHK: 1201) (Bermuda) M Dream Inworld Ltd. (SEHK: 8100) (Cayman Islands) Mitsumaru East Kit (Holdings) Ltd. (SEHK: 2358) (Cayman Islands) Nam Fong International Holdings Ltd. (SEHK: 1176) (Bermuda) Nam Hing Holdings Ltd. (SEHK: 986) (Bermuda) New City (China) Development Ltd. (SEHK: 456) (Cayman Islands) Ngai Lik Industrial Holdings Ltd. (SEHK: 332) (Bermuda) Ocean Grand Holdings Ltd. (SEHK: 1220) (Bermuda) Pan Asia Mining Ltd. (SEHK: 8173) (Cayman Islands) Pan Sino International Holding Ltd. (SEHK: 502) (Cayman Islands) Peace Mark (SEHK: 304) (Bermuda) Peaktop International Holdings Ltd. (SEHK: 925) (Bermuda) Prosten Technology Holdings Ltd. (SEHK: 8026) (Cayman Islands) QPL International Holdings Ltd. (SEHK: 243) (Bermuda) Rojam Entertainment Holdings Ltd. (SEHK: 8075) (Cayman Islands) SMI Publishing Group Ltd. (SEHK: 8010) (Cayman Islands) Smart Union (SEHK: 2700) (Cayman Islands) Tack Fat (SEHK: 928) (Cayman Islands) U-right International (SEHK: 627) (Bermuda) Wai Chun Group Holdings Ltd. (SEHK: 1013) (Bermuda) Warderly International Holdings Ltd. (SEHK: 607) (Cayman Islands)
while other counter moving testing new high. this counter always testing new low.. whahaha.. a sad counter, for sad investors/punters/sad people .. everyday sad.. no joy
Study more not listening to rumours, trade on your own risk as small investor. Decision made is made just wait for time come. Of course i not only invest in 1 share, all i read from forum the share i invested also give bad image to that company, why you so care when you dicided to buy? 1 question, those always talk bad on that counter keep asking others move to another counter but those keep involved in discussion, why? If you moved and think that counter is bad why he/she still have interest on tgat counter has sold/cut lost?
I encountered in counter Asiabio, i bought 0.095x100 lots 0.08x500 lots with free warrant now 0.045, 1 mother share entitle 1 free warrant, before warrant list, mother share dropped to 0.07 and inside that forum have one guy 0007 keep giving TP will dropped to 0.04. OR price is only 0.005, after that what happened? Now Asiabio is 0.085 and Asiabio-WA is 0.045, total 0.13. I sold mother share at 0.090 and WA at 0.040. Story ended and i never want to see this counter forum anymore.
I holding 50 lots of MBSM and 100 lots of MBSB-WA, last year have great profit with rumours says it will turned to bank refer price is CIMB price.... after AGM, company only give 0.05 for dividend and optional for reinvestment plan, the share price and volume suddenly dropped like hell.
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....
William Choong
751 posts
Posted by William Choong > 2014-05-30 15:11 | Report Abuse
I experienced since year 1997 and 2000, when Maybank dropped to RM2.90 friend asked not to buy worry on bank great lost because bought Indon bank, finally price shoot up to RM5.00 and i got it at RM7.20 until now. Rumour? No way, trust myself and even company delisted i can only blamed ownself. BTW CSL i got i from 0.125 and Warrant from 0.03, it is a good price is good to me, dropped furthe? Who cares, i paid in fulled what should i worry, drop more? Buy more. My share investment is , you dun want and sell down, i want. When time come, price rise you want to follow i sell back to you.