Despite slipping into PN17 category, China Stationery Ltd's (CSL) share price has reacted positively, as the company escaped from being suspended at the eleventh hour. The stock rose to an intra-day high of 10.5 sen before closing 1.5 sen, or 17.65%, higher than its reference price of 8.5 sen. It is understood that the company is looking to appoint an investment bank to assist with its regularisation plan as soon as next week. (StarBiz)
Now in Edinburgh, my Babe is left amazed by the sheer perfection of beauty in the soaring, wild flowers-capped mountains and the sparkling lochs extending as far as the eye can see, she said she wished to stay in the historic castles,........ , haha....... life is indeed beautiful ... And one more thing... it is wonderful to taste the Scot's local-made whisky and wine ,..... esp. drinking them with your babe with the famous Ceilidh dance steps lor....
"WHISKEY IN MY WATER"--- Lyrics In my truck, flyin down a dirt road. Picking you up, feeling kinda crazy. I think im in love, 'cause i know my baby. She slaps me, Says boy why ya smilin'. Doin my best, so hard to hide it. I know whats up, So I just shoot 'er a wank.
Chorus
Cause when the sun goes down it'll get a little hotter Make an ole boys heart beat a little harder. I know I can't lose cause its goin down smooth tonight baby One aint enough man, may I have another. Sittin round a fire, gettin drunk on each other. Every day I pray, I thank God I got her. Shes the moon in my shine, but whiskey in my water.
When we're past Flint Bridge, we'll break out the bottle. Drop it down low, crank up the throttle. Im good to go, cause i got you tonight.
Alex....,thks for sharing your joy with me and you really tempt me to desire to go there and personally experience the feel there too.Also enjoy reading the poem even though I am not good in constructing it.I make a little from Sumatec and am happy to go long term. thks again for the sharing,bye.
Kalau sudah rosak, now can insert a pump inside and activate it anytime mah.... , no problem puaya,.... do consult a specialist in KL lah........... , hihi,, no need Viagra atau tongkat Ali lor,.. hHAHAHA, kikikikokokikokikoo,
evolution is part of natural law; time tested and proven correct! however, as usal, there is always an exceptional case........understanding by doing.....kikikiki
likes the name called...AT....sometime can be very misleading.............Tua is resemble of experience, resourceful, skillfu, evergreen, long lasting...kikikikikikiki
sure...........the making of today will becoming history in tomorrow.....the making of tomorrow will be the history in near future and goes on and on...... the ending of history reman the same....megan media !
I'm not that greedy, 100 units just for fun and to see whether it can generate the record in my share investment history and to join the bursa's historical record.
Redeagle: For the controllling shareholder, when they price the company in bursa...they also dreaming for the company to price to NTA or above NTA.
NTA is not a good yardstic to be used as investment criteria particularly in the manufacturing companies as quoted by you. Among the reasons are:
i) The fixed asset in machinery, equipment and landbank were over price due to reasons not worthy mention here.
ii) The depreciation of fixed asset can be arranged slower than the realisable value in the quest to boost up the profit.
iii) Stock value is not aligned to the realisable value. The company can be used cost base for valuation purpose. The misvaluation of stock very often due to aging (produce during peak economy cycle when the raw materials were high) and obselete stocks.
Never never use NTA as valuation tool for the mainland companies....atuk hau xin siang cien.....yau ding ar...
Compare to EAH, CSL at least don't call for right issue, even after factory burned down. Believe that this company has cash, no matter how much, it is still a positive company.
Cowboy! I totally agreed with you BUT how much ! I guess the is 10c per share ! Why? 1243 mil x rm0.1 = rm124.3 mil that is a lot ! Bro! For china plc in m' sia!
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Posted by speakup > 2014-07-22 12:02 | Report Abuse
i dont have CSL. tanya je :-)