Posted by cipapo > 2014-07-04 09:06 | Report Abuse

Huat arrrrr huattttt....

Posted by ladahitam > 2014-07-04 09:11 | Report Abuse

buyback has been confirmed...

Posted by Wow123 > 2014-07-04 09:13 | Report Abuse

trap ?

Posted by wahihi126 Kikiki126 > 2014-07-04 09:13 | Report Abuse

Reverse gear! Sudah Mau Mari! Cabut! Now!

Posted by wahihi126 Kikiki126 > 2014-07-04 09:15 | Report Abuse

After selling at 9c ! Untung 2 c ! Queu at 7 c!

Posted by wahihi126 Kikiki126 > 2014-07-04 09:16 | Report Abuse

By noon Sure dapat!

Posted by ladahitam > 2014-07-04 09:16 | Report Abuse

Just how many of you attended the meeting with the CFO?

He had confirmed:

1. Production as stopped.
2. Revenue as dropped 40%
3. Cash in bank 1.25 billion

Posted by wahihi126 Kikiki126 > 2014-07-04 09:19 | Report Abuse

1.25 bil RMB ! , kanji mulut ! Or real statement with banking officer! Wonder!?

Posted by Wow123 > 2014-07-04 09:21 | Report Abuse

1.which bank can confirm ?
2.Photograph proof that fire incident ?
3.Police report ?
4.News report over china ?
5.Any lawyer confirm their statement ?

Posted by wahihi126 Kikiki126 > 2014-07-04 09:23 | Report Abuse

I'm doubt with CFO! He know nut like some of us!

Posted by wahihi126 Kikiki126 > 2014-07-04 09:25 | Report Abuse

Anyhow risk taker! Could buy n keep ! Until mkt reopen ! Sometime after hari raya adilftri!

Posted by ladahitam > 2014-07-04 09:27 | Report Abuse

To be exact Cash in Bank RM1.24 BILLION. About 40 people, heard him say it, plus I'm sure it will reported today in the press

Posted by wahihi126 Kikiki126 > 2014-07-04 09:28 | Report Abuse

Cipat keluar 8.5c Dunn be greedy! Mountain coming from RHS !

Posted by Wow123 > 2014-07-04 09:29 | Report Abuse

Bank need to confirm what they claim is correct ? another wise is how seow ?

Posted by ladahitam > 2014-07-04 09:31 | Report Abuse

hence auditors will not sign off, untill all assets sighted and bank confirmations.

Posted by wahihi126 Kikiki126 > 2014-07-04 09:32 | Report Abuse

Climax ! Game over ! Pan cut Udah!

Posted by aremin > 2014-07-04 14:52 | Report Abuse

share price and the company is non related .company run by speeky with a roll of useless paper .stock market run by speculator
with roll of most powerful paper

Posted by ladahitam > 2014-07-04 09:36 | Report Abuse

I am reporting this to the forum, as I heard it. The stock will be suspended on July 8, still very risky for investment but those with balls of steel can risk trading for quick profit the next few days. I can no longer buy because my trade account in cimb expects cash upfront for CSL share buy

Posted by Wow123 > 2014-07-04 09:38 | Report Abuse

not confirm statement and no one verify this statement , be more careful
your money !

Posted by datuk > 2014-07-04 09:39 | Report Abuse

Short term ....market is voting machine....driven by the euphoria of sentiment.....long term market is weighing machine.....driven by the fundamental elements.......that's the time tested philosophy from father of equity investment...Benjamin Graham..

in csl case.......hmmmmmm.....99% speculators also losing $$$...it had dragged too long....oledi be a voting machine lioa....hantu pun cabut....kikiki

Posted by Lam Seong Zhi > 2014-07-04 09:40 | Report Abuse

what a good show...

Posted by ladahitam > 2014-07-04 09:43 | Report Abuse

Indeed a good show, at the very least this counter WILL BE a learning curve for many....

Posted by wahihi126 Kikiki126 > 2014-07-04 09:43 | Report Abuse

No wonder so slow Liao! Climb ke cut telur! Stopping my account!

Posted by Ayam1 > 2014-07-04 09:45 | Report Abuse

Ayam Tua, why did you push up the price?

Posted by wahihi126 Kikiki126 > 2014-07-04 09:46 | Report Abuse

I told you lah! This climb trading department known that CSL is empty shell from day one!! I got proof!

Posted by wahihi126 Kikiki126 > 2014-07-04 09:47 | Report Abuse

Kan Sudah katA ! ,

Posted by wahihi126 Kikiki126 > 2014-07-04 09:48 | Report Abuse

Later 8c also gone to RHS!

Posted by datuk > 2014-07-04 09:50 | Report Abuse

history is in repeating cycle.......what have happened to megan media will be likely to be repeated here ........last few days session made many speculators hang themselves with paper loss up to 6 cents.....zero value since suspended ......

Posted by wahihi126 Kikiki126 > 2014-07-04 09:54 | Report Abuse

Datuk! I,m one of them! Not shy to share with all in this threads!

Posted by wahihi126 Kikiki126 > 2014-07-04 09:56 | Report Abuse

Datuk! My experience up to date or not! Cipat masuk cipat keluar!

Posted by ladahitam > 2014-07-04 09:56 | Report Abuse

I am still stuck with 500,000 shares each in Patimas & SAAG

Posted by wahihi126 Kikiki126 > 2014-07-04 09:56 | Report Abuse

Look like second round is coming! Viagra power up!

Posted by datuk > 2014-07-04 09:56 | Report Abuse

no wonder you were so smart since then!!! good lession......at least you learnt from it.....kikikiki

Posted by datuk > 2014-07-04 09:59 | Report Abuse

I loss small $$$ to my friend from the industry (CD) because I bet megan will be suspended when still paying dividend out but I missed the deadline....it get suspended 8 months later...

Posted by cipapo > 2014-07-04 10:00 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/07/04/CSL-races-to-file-report-Its-working-with-auditors-to-avoid-lengthy-suspension-For-the-record/

Posted by cipapo > 2014-07-04 10:00 | Report Abuse

Csl will upppp

Posted by datuk > 2014-07-04 10:00 | Report Abuse

hexza.....finally lai lioa !!

Posted by leslieroycarter > 2014-07-04 10:01 | Report Abuse

9/7 D day.....

Posted by datuk > 2014-07-04 10:01 | Report Abuse

more fun and safe...in hexza........untung kaw kaw !

Posted by datuk > 2014-07-04 10:02 | Report Abuse

hexza ! hexza ! hexza!

Posted by wahihi126 Kikiki126 > 2014-07-04 10:05 | Report Abuse

Cipapo: my question is to why? All in last last last last last. Minute????

Posted by dkrempit > 2014-07-04 10:06 | Report Abuse

chua soi lek are coming for hari raya festival..ha ha ha

Posted by ladahitam > 2014-07-04 10:07 | Report Abuse

KUALA LUMPUR: The management at China Stationery Ltd (CSL) is working very hard with its auditors to put the company’s financial book in order and avoid a lengthy trading suspension of its shares on Bursa Malaysia.

At stake here is the company’s diminishing reputation, as investors thumb their noses at problematic China-based firms listed on the local bourse.

“Most of the things are done. The only items left are the police report, the insurance assessment report and the assessment of compensation for customer losses,” CSL chief financial officer Chin Siew Weng told a press conference yesterday.

A day earlier, the exchange said it would suspend trading in CSL shares from July 9 for failing to submit its audited annual financial accounts on time.





Chin said the company was confident that it could submit its 2013 audited accounts and first-quarter accounts for the financial year ending Dec 31 (FY14) by the end of the month.

Shares in CSL had plunged 42% in the past four days to close at 7.5 sen yesterday, as investors dumped the stock ahead of its trading suspension.

CSL had blamed the fire that destroyed its factory in Fujian in April for the delay in submitting its accounts.

Chin said the time required for the its 2013 books submission was subject to the speed of reports issued by the Chinese authorities in relation to the fire while the auditors would need three to four weeks to work on them.

According to him, each director of the company could also face a fine of RM1,000 a day during the suspension period, hence, it would try to submit the audited statements “best possibly before July 9”.

To speed up the process, he said the company had requested the authorities in China to issue the respective report on the fire. Chin showed a document dated April 30 issued by the local fire department stating that it was still investigating the fire and could not provide the company with the investigative report.

Without a police report, the insurer cannot proceed with the evaluation of the accident, he said.

Although not confirmed yet, he estimated that the fire could potentially impact its top and bottom-line by 30% to 40% for FY14.

Chin said the company should be able to remain profitable for FY14 although its second quarter results would be hit by the mishap.

The net asset value for the affected plant stood at 222 million yuan (RM114.22mil) as at Dec 31, 2013.

With reference to the StarBiz report headlined Bursa to suspend China company CSL, fails to meet extended deadline yesterday, China Stationery clarified that it had on June 26 received the bank confirmations.

Posted by ryei > 2014-07-04 10:10 | Report Abuse

as of 31 dec 2013... now already july 2014... anything can happen.. lol

Posted by wahihi126 Kikiki126 > 2014-07-04 10:14 | Report Abuse

Ladahitam, just informed the mgt team of CSL! Dunn bluff lah!

Posted by AsiaWarrenBuffett > 2014-07-04 10:15 | Report Abuse

World Cup coming to an end. Funds will revert back to share market.
Why last minute?
Hmm we wonder. To force weak holders out to sapu cheap price?

Posted by wahihi126 Kikiki126 > 2014-07-04 10:17 | Report Abuse

I was in trader hotel in Beijing belong to kuok brother group ! The hotel lif on " smoke + fire" no big deal with fire department report and police report! Within one month all cleared with investigation process! . Why CSL cannot make it in 2 month time???

Posted by MYOB > 2014-07-04 10:21 | Report Abuse

Now the conman datuk slipper ask your to buy Hexza, then he will throw to you. When they ask you to buy its because they have stock to throw!!

Posted by MYOB > 2014-07-04 10:21 | Report Abuse

Don't be fooled.

Posted by datuk > 2014-07-04 10:22 | Report Abuse

ladahitam....you should ask why his mother sold off her share at rm0.12.......