Cweed,so far there is no concrete evidences to prove CSL a/cs are fake as the CFO is a chartered Accountant and the new auditors are also creditable,so what evidences we have to condemn CSL with so much cash in bank. I bought 1/2 million shares last time from 27c to 20.5c and I disposed them at 20.5 to 19.5c. Since everything is intact especially the RM1.6bln is intact,the cash=RM1/-,why don't I grab more when it is less than 5% of the previous high of RM1.70. Even there is something wrong,I think I got ample time to dispose,my chance of winning in short term is 99%.I sold the last time bcos of the fire and the failures of distribution of dividend and submission of a/cs. I am informed the rebuilding cost to restore the factory to production is about 8c per share and is small when compare to NTA=RM1.27.So the risk is minimal. Also if my investment is burnt,I am still very comfortable with my life so what is the fear to take the risk when it is calculated.
ayam4: jcy and iretex ? long term yes, short term? wait slow slow lah .. i have faster rides .. RCECap and EAH . be in that reban ayam my ayam minion - overtime, i am your compiter predicting fast fasr chicken machine.. come my bad chickens ... come to papa! bakakakaaa... kikiikiiiiiiiiiiiiiii
ayam4 : i wish to upgrade your slow processor .. pentium 486 to i7 kiikiiikii why always introduce no meat and party leftovers .. we want fast fast horse !!!! kikikiii
iretex, jcy and hexza? wait lah now people quantum leap prediction machine fast horse . we want .. if house burn, no time to take flowers counters ! kikiiki
fast and furious counters - good cat, bad cat so long can catch mouse is what the world wants so long fast ! kakakakaakaaaaaaaaa
ayam3: if invite people to party make sure theres meat.... my party always got meat, milk and honey! and last people many many days come ce to papa! kikikikiikiiiiii
ayam5: you take bucket fill it water .. and check ML (mililiter) now put back water into other size of bucket with more water u can reach certain miter readin la ... theory teach by my grandmother (the great nenek ayam) wakkikikiiii kiiiii
Ayam 4,you live under the coconut shell so how can you see the CSL products?Go back to your ayam reban and talk nonsense there,we do not want you here.
the new auditor wrote in the just released Annual Report 2013 :"Accordingly, we do not express an opinion on the consolidated financial statements".
Translated to layman localized English :: No COMMENT on the accounts ; your guess is as good as my guess. Also means , if you think the $ was there is your thinking, we didn't say a word about the $$ was there.
Up41,at least he must have sighted the confirmation of RM1.6bln which is also confirmed by the CF as the auditors refused to sign on the a/cs ealier showing some important basic documents must be there to warrant his signature even he exempted himself with the remarks of no comments.Those who fear just don't buy.
FJ , aamm interesting choice of words : "must have" . I only know this is a qualified audit report and the counter would be classified under PNxx something by KLSC/SC. Fear - is for survival . Risk - is for potential profit or ...... .
UP41,what I believe is based some solid facts 1)CSL was in business for 20 years,crooks will not last so long 2)despite the fire under police full investigation they dare to confirm the RM1.7bln and the bankers do not deny it.3)they do not raised right issues asking for money.4)their a/cs are co audited by two reputable S'pore auditors. The days for those who use tactics to create fear are numbered bcos the shares at 9c are fully absorbed and mopped up in the market as like sumatec which will fly today.
UP41 imoogi99,your days to phyco are over,don't buy and create unnecessary doubts and falsehood.The directors must have lessons from the fire and they won't play play with Chinese police and laws.
FJ, guess you dont understand what I am trying to say. What I mean is that it is still worth the risk to invest/trade on this counter. After all the auditors had already give reasons in the area where they cant verify/audit the information that is available to them. Am not trying to create any falsehood here.
Imoogi99,you are buying NTA=1.27 and Cash=RM1.00 at 8.5c with bankers' and police watchful eyes which more powerful than auditors'recognition. Your bet of losing the opportunity here is 100%.You are total losers here and not smart,sorry stupid brains,don't buy pls.
I just mentioned the audit report is a qualified report issued by , to borrow your words, REPUTABLE auditors. And that is an undisputed fact.
Correction: This is not a PN something it is a PN17 counter .
100 years old company also can mati whether crook or no crook. Cool down.!!!! I only drop in once a while to see the development for I find this counter very interesting.
Buy if one like CSL sell if one think not worth a cent. How one read the qualified audit report and what level of risk one can take is up to each and individual. Have a profitable trading day.
Datuk,you should throw their theories out of the window,,outdated already use more brains is a better formula.Now is computer controlled and information is dissimilated fast.Open your ears and eyes quick,you are too slow. I practise to be three years ahead of time in reading the world economy.Bye,bye.
No wonder keep on losing $$$ on csl!!! Understand world economy 3 years in advance? Human bsing can't understand that .but bird brain certainly can ! Kikikikiki
I have lost money bcos I trust the crooks but knew how to fly out bcos of my brain is of bird's brain but your brain is of goat's brains with end results of being exterminated at the slaughtered house and know how to cry only 'meh,meh,meh' Whereas I live a care-free life, loudly shout,'Chip,chip....chip' and in the sky flying freely and screaming happily'Born free,born free,HA,HA,....HA!'
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....
Alexofb2b
1,304 posts
Posted by Alexofb2b > 2014-07-10 20:08 | Report Abuse
Good nights Ladies and Gentlemen, i will now go for dinner lor.
Both Europe and US futures weakened by 0.5-1.5%...., Gold up and Oil is Down lor...
http://gyazo.com/8483c560e28ddf8d7b114f666c6a1f11
May God Bless All