the irony is all the naysayers are still in the CSL forum, nobody puts a Gun, to buy share. You take a calculated risk, sometimes your are succesfull. I just made 18k in icon. I bought I much as I can at 1.85, today I sold all 1.90. Last week I bought DRB, today at a paper loss of 16K.
beware ... we entering the Desperate Phase of CSL ... meaning a lot of BUAYA now is DESPERATE situation ... kakakakakak ... if this Buaya really make tons of money ... u think the Buaya will come tok kok luring people to buy CSL meh ? So, why this Buaya ask u to buy or tempt u with so call profit ... DESPERATE liaw mar .... DIE-LAH u BUAYA ! DIE ! HAHAHAHAHAHAHAHA !!
to save face for future ... the BUAYA will tell u he alredi make RM 20 k or if tak malu can even claim alredi make RM 200 k from CSL ... so, if CSL drop to 0 sen onli lose RM 2 k niah ... which lembu will believe this stori ? KAKAKAKAKAK ... DIE lah U Buaya ! DIE ! HAHAHAHAHAHAH
delisting is not end of the road, I still receive have shares in Ytl cement, Patimas, SAAG, Bernas, etc, some are gone, some still operate. You become a private share holder, only you can't buy and sell in Bursa. Someone still approach me to buy my Bernas share.If under receivership, you may still receive proceeds after paying off debts.
.... company got no cash lar, if got a lot of cash then no need burn documents at first place mar ... it may even turn out that the company actually got a lot of debt ... u wan to take over the debt arr ? HAHAHAHAHAHAHAH !
those who wish to instigate others to buy and go for Holland vacation, don't cheat yourself..this is the end of the road for CSL..who is buying now? buayas....trying to salvage the situation.
so many people has been save from the buaya lor ... some almost bought at 30 sen .. some almost bought at 20 sen ... some at 19 sen ... and just 2 days ago some almost bought at 13 sen ... don't u feel so LUCKY not to buy at all. HAHAHAHAHAHA ... if u ever listen to the desperate buayahitam ... u will end up like him lor ... lose a lot of money, now crying in desperate lor ... DIE LAH LU BUAYA ! DIE !
#Hot Stock* China Stationery falls 35% after Bursa rejects extension plea Written by Jeffrey Tan of theedgemalaysia.com Wed Jul 02 2014 11:12:19 AM KUALA LUMPUR (July 2): China Stationery Ltd (CSL) fell as much as 35% after Bursa Malaysia rejected its request for more time to submit its 2013 audited financial statements.
Yesterday, the China-based company announced the stock exchange rejected CSL’s application for a further extension of one month to July 31, 2014 from the extended deadline.
CSL was given five market days to issue its reports failing which Bursa would impose a trading suspension of its shares effective July 9, 2014.
At 10.45 am today, CSL lost 2.5 sen or 21.7% to 9 sen. The most active counter saw trades of some 49.6 million shares. It had earlier fallen to a low of 8.5 sen.
A dealer told theedgemalaysia.com: “CSL’s decline today is definitely due to Bursa’s rejection of its application for extension.”
Meanwhile, InterPacific Securities’ remisier Sam Ng questioned the company's inability to produce the audited financial statements.
“Where is the integrity of corporate governance on listed companies such as CSL?” he said over the telephone.
Given CSL's net tangible asset of RM1.27, price earnings ratio of 0.5 time and positive net cash of RM1.27 billion, Ng was puzzled why the company was unable to produce the statements.
On Monday, CSL had sought for additional time for its auditors to finalise the audited financial statements following a fire incident that occurred at its plant in Fujian Province, China in April this year.
Earlier, Bursa had approved an extension of two months, which was from May 1 until June 30 this year.
According to CSL, the fire incident had necessitated additional disclosures by its board of directors in the audited consolidated financial statements, and by Messrs RT LLP in the auditors’ report.
Both of these will take some time to complete, it claimed.
if u follow the buaya hitam and bought yesterday at 11.5 sen ... u lose money alredi .. if u bought this morning at 9.5 or 9 sen also u lose money alredi .. KAKAKAKAKAK ... a lot of buaya alredi migrated out to other river .. onli left a few black and injured buaya niah ... this one we keep watch, later can hang out to make buaya masin hor ...
ALL Shareholders of CSL must be feeling a lot of pain now as this share free falls into abyss. Its their worst nightmare come true !!! TRUTH IS...this Loss was totally avoidable ! But in the end, does anyone really learn anything from this fraudulent CSL ? For the amount of money lost, hopefully someone will!
During volatile times, you change strategy from investment to trading. Sell high and buy lower. That what I been doing in CSL for the past one year. Trying To share but naysayers are jumping on the bandwagon. Sour grapes - I SAY!
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....
nomanland
3,221 posts
Posted by nomanland > 2014-07-02 10:43 | Report Abuse
cosway, yes, I remember. Do you know money can do wonder for a person going to jail, especially in this country?