CHINA STATIONERY LIMITED

KLSE (MYR): CSL (5214)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


34 people like this.

21,821 comment(s). Last comment by JackMa123 2020-12-07 16:19

i_investor

934 posts

Posted by i_investor > 2017-04-07 15:49 | Report Abuse

iSaham Fair Value: 0.635 http://www.isaham.my/stock/csl

celaka

218 posts

Posted by celaka > 2017-04-07 16:13 | Report Abuse

counter ayam

i_investor

934 posts

Posted by i_investor > 2017-04-07 16:29 | Report Abuse

this is not counter ayam. this is plastic counter ! hahaha :)

k6ii

1,873 posts

Posted by k6ii > 2017-04-08 10:19 | Report Abuse

Look like big boy dah collect...waiting for pecut saja......

i_investor

934 posts

Posted by i_investor > 2017-04-08 17:13 | Report Abuse

true, noticed like big boy dah collect big bulk from 0.085 to 0.09 and then after sapu, do it on purpose with a small volume to press the price back at 0.08 , and this activity has been going on the next day and repeating recently.

jayalbert

1,574 posts

Posted by jayalbert > 2017-04-08 17:30 | Report Abuse

If have confidence, can collect CSL, now super low price.. I used to call this counter chua soi lek counter

k6ii

1,873 posts

Posted by k6ii > 2017-04-09 11:59 | Report Abuse

Red bar reach more than 50%....hohoho

k6ii

1,873 posts

Posted by k6ii > 2017-04-10 15:01 | Report Abuse

Black horse is back.....go go go

k6ii

1,873 posts

Posted by k6ii > 2017-04-11 08:46 | Report Abuse

This week break 0.1?

k6ii

1,873 posts

Posted by k6ii > 2017-04-11 09:37 | Report Abuse

Engine start again pecut or kecut?

volks2

1,116 posts

Posted by volks2 > 2017-04-11 10:18 | Report Abuse

more to come...

i_investor

934 posts

Posted by i_investor > 2017-04-11 16:07 | Report Abuse

yes, when the price is pressed down on purpose by big boy , we follow their style to collect quickly.

i_investor

934 posts

Posted by i_investor > 2017-04-11 16:09 | Report Abuse

noticed that many times after pressed to 0.085, some collection is done very quick in bulks.

i_investor

934 posts

Posted by i_investor > 2017-04-11 16:10 | Report Abuse

it seems like they target their average cost around there before spike up.

k6ii

1,873 posts

Posted by k6ii > 2017-04-11 16:16 | Report Abuse

i_investor, push up abit..then push down to scare ppl ma...those today eat 0.095....i think will throw lo..

i_investor

934 posts

Posted by i_investor > 2017-04-11 16:21 | Report Abuse

hahaha.....

tomanhead

603 posts

Posted by tomanhead > 2017-04-11 21:44 | Report Abuse

hopefully tomorrow pecut above 0.1

k6ii

1,873 posts

Posted by k6ii > 2017-04-12 14:03 | Report Abuse

today no show ar?

k6ii

1,873 posts

Posted by k6ii > 2017-04-12 14:42 | Report Abuse

operator beh tahan liao....wan to start pump it....

tah16600

2,646 posts

Posted by tah16600 > 2017-04-12 15:01 | Report Abuse

Engine is warming up

tah16600

2,646 posts

Posted by tah16600 > 2017-04-12 15:08 | Report Abuse

Syndicates holding so so long, must push

k6ii

1,873 posts

Posted by k6ii > 2017-04-13 10:10 | Report Abuse

Syndicates start push le ma?

celaka

218 posts

Posted by celaka > 2017-04-14 16:15 | Report Abuse

padia counter and bird ceo

Desirees

403 posts

Posted by Desirees > 2017-04-17 12:25 | Report Abuse

7cts to 85

Desirees

403 posts

Posted by Desirees > 2017-04-17 12:26 | Report Abuse

cts. not bad.

celaka

218 posts

Posted by celaka > 2017-04-20 12:10 | Report Abuse

fxcker counter

celaka

218 posts

Posted by celaka > 2017-04-21 18:00 | Report Abuse

better sell bird counter before die

rockycleft

880 posts

Posted by rockycleft > 2017-04-24 15:43 | Report Abuse

Chuaa Spek Lek counter betul

celaka

218 posts

Posted by celaka > 2017-04-24 16:21 | Report Abuse

ular

celaka

218 posts

Posted by celaka > 2017-04-26 15:47 | Report Abuse

blue bird counter

dentab

148 posts

Posted by dentab > 2017-04-26 15:58 | Report Abuse

Any chance of back to 0.50cts...............

celaka

218 posts

Posted by celaka > 2017-04-26 16:44 | Report Abuse

moth fxker counter ???

k6ii

1,873 posts

Posted by k6ii > 2017-04-27 09:26 | Report Abuse

Hari ini mau mari ke?stationary price naik...CSL follow...

crazy127

1,303 posts

Posted by crazy127 > 2017-04-27 09:58 | Report Abuse

COM IPO 1.20

gcke

1,359 posts

Posted by gcke > 2017-04-27 10:03 | Report Abuse

Such stocks from China whether listed in Bursa or SGX have issues on corporate governance, financial reporting integrity and use of funds raised from IPO.Be alert when investing on such stock.Even though may look reasonably cheap but the upside potential is not there.

Take care and be savvy investor.

celaka

218 posts

Posted by celaka > 2017-04-27 18:30 | Report Abuse

this counter tomorrow sure die again

k6ii

1,873 posts

Posted by k6ii > 2017-04-28 09:13 | Report Abuse

Celaka : why die?

teo44

44 posts

Posted by teo44 > 2017-04-30 15:23 | Report Abuse

who will attend coming AGM,?

celaka

218 posts

Posted by celaka > 2017-05-01 15:17 | Report Abuse

haha, who want to attend this PADIA company.....

Sslee

6,806 posts

Posted by Sslee > 2017-05-02 18:53 | Report Abuse

I had learned from my last experience from Xingquan AGM. This time I will be more well prepare for the CSL AGM. My aim is still the same to get the BOD to give dividend.
Thank you.

teo44

44 posts

Posted by teo44 > 2017-05-03 10:28 | Report Abuse

thank you sslee ,pls voice out for us small shareholder, see this time what reason given for not paying dividend, so much cash in hand..

k6ii

1,873 posts

Posted by k6ii > 2017-05-03 10:57 | Report Abuse

Bila u all wan go? go there bising...haha

celaka

218 posts

Posted by celaka > 2017-05-03 12:22 | Report Abuse

AGM , meeting bila nak tutup company , sai counter and padua CEO

Wow123

1,971 posts

Posted by Wow123 > 2017-05-03 15:39 | Report Abuse

si fai chai ceo really kedekut

hotred

24 posts

Posted by hotred > 2017-05-04 15:49 | Report Abuse

TheY want buybacK share 10%?

teo44

44 posts

Posted by teo44 > 2017-05-05 10:12 | Report Abuse

i m from johor bahru,if anyone intend to AGM We can car pool...

Sslee

6,806 posts

Posted by Sslee > 2017-05-09 08:48 | Report Abuse

Dear all,
I had learned from my mistake at the Xingquan AGM. I will not repeat the same mistake twice. This time I intend to conduct the questioning as per below, so please come and support me.
Good morning Board of Directors, Management of CSL, Auditor and my fellow shareholders.
Today we are here at CSL Annual general meeting to receive the Auditor financial report and at the same time be given the opportunity to question the management lead by the CEO and CFO on the performance of our company CSL for financial year end 2016. I intend to fully utilize this one a year opportunity to seek the truth the whole truth and nothing but the truth on the affair and health of the company so help me god.
I have many questions for the management lead by the CEO and CFO which I had group it under 4 subjects.
1. Dividend
2. Share market price
3. Cash and bank balance
4. Advertisement expense
Under each subject I will ask one question at a time and then pause for the management answer. The management answer will then be evaluate by all from the floor for clarification until all are satisfied with the answer only then I will move to my second question. Once all my questions under subject 1 are answered I will open to the floor for any more questions on the same subject? If no, I will then move to subject 2 and so on.
I know this will be a slow and time consuming process but this is the necessary process to get the truth. In order to expedite the process I had prepared a written questionnaire for the Auditor and the Independent Directors. Most of the questions are subjective questions with either Yes/ No, True/ False, Agree/ Disagree and etc please circle what you think is the right and truth answer. I will distribute the questionnaire to the auditor and Independent directors now and hope to collect back the answer let say in 15-20 minute time from now.
I see many angry, disappointed, sad and frustration face in this hall now, I now give way to other fellow shareholder to have their say and will start my questioning of management once I receive back the questionnaire from the Auditor and Independent Directors in 15-20 minute later.
My fellow shareholder, the microphone is all yours now and do not be shy or hesitate to give a tongue-lashing and venting your frustration at the management at this one a year opportunity. Anyhow keep your criticism verbal and no throwing of chair or shoes. By the way the CEO is Hong Kong citizen thus you can speak to him in Cantonese if you feel more comfortable to speak in Cantonese.
Thank you.

celaka

218 posts

Posted by celaka > 2017-05-09 14:57 | Report Abuse

blue bird counter 5 sen soon , huat ah

Sslee

6,806 posts

Posted by Sslee > 2017-05-13 20:18 | Report Abuse

Questionnaires to:
Independent directors and Auditors (RT LLP Public Accountants and Chartered Accountants)
For independent directors please skip Subject A: Bank balance which is for the Auditor.
For objective questions just circle what you think is correct and truth to you.

Subject A: BANK BALANCE
1. Please give the list of Banks the cash is deposits?
Answer:
2. What are the methods used to audit and verified bank balance and the bank account is rightfully belonged to the company?
Answer:

Subject B: DIVIDEND POLICY
1. In your professional auditor/Independent director opinion why CSL do not pay dividend to shareholder?
A. The company business did not generate enough cash flow to give dividend? ( True / False )
B. The company does not have cash reserve to pay dividend? ( True / False )
C. The management reserves its cash for future capital requirement? ( True / False )
D. The management cum major shareholder did not care to reward minority shareholders with dividend for the reason only know to him? ( True / False )
E. The management cum major shareholder is a stingy "iron roosters."? ( Agree / Disagree )
F. Accounting fraud or mismanagement. Cash and bank balance is not real thus unable to pay dividend? ( Agree / Disagree )

www.thestar.com.my/business/business-news/2017/04/08/china-top-securities-regulator-vows-to-punish-iron-roosters-with-no-dividend-payout/
SHANGHAI: China's top securities regulator urged listed companies to reward investors with cash dividends, vowing to punish stingy "iron roosters."
Liu Shiyu, Chairman of the China Securities Regulatory Commission (CSRC) also warned listed firms against raising money for blind investments, or designing complicated share structures that facilitate insider trading and other malpractices.
"Paying cash dividends is a basic way to reward investors ... and the ultimate source of a stock's intrinsic value," Liu said in a recent speech, a transcript of which was posted on CSRC's website on Saturday.
CSRC will take "tough measures" against those "iron roosters" who haven't plucked a single feature for many years, even though they have the ability to pay dividends, Liu said.
Liu, installed as head of China's securities watchdog following the 2015 stock market crash, has made investor protection his priority, having stepped up a crackdown on market manipulation and tightened disclosure rules.
Rejecting the view that the share price of a growth company will rise even without cash dividends, Liu said a company's growth is far from certain, so buying a stock with no dividend would be merely a game of "passing flowers until the drum beat stops."
"Steady and stable cash dividend payout often signals healthy financial and operational conditions of a listed company," Liu said.
"On the contrary, if a company doesn't pay dividends with no proper reasons, it could be the signal of accounting fraud or mismanagement." - Reuters
2. After reading the above warning/advice by China Securities Regulatory Commission (CSRC).
A. Do you agree with Chairman of CSRC Mr. Liu warning/advice to the China public listed company? ( Yes / No )
B. Should Bursa/SC of Malaysia also issue such warning/advice to all listed company in Bursa? ( Yes / No )
C. Since CSL do not have any formal dividend policy, is time now to adopt a formal dividend policy? ( Yes / No )
D. With cash and bank balance of RMB 1,854,412,000 as of end of 2016 the management has no proper reason not to reward the shareholder with a generous dividend? ( Agree / Disagree )
E. "On the contrary, if a company doesn't pay dividends with no proper reasons, it could be the signal of accounting fraud or mismanagement." ( Agree / Disagree )

Sslee

6,806 posts

Posted by Sslee > 2017-05-13 20:19 | Report Abuse

Subject C: SHARE MARKET PRICE
1. What are the reasons for market to severely under value CSL at only RM 7.5 cents (closing on 12/5/2017)? When the Net Asset Per-Share is RM 1.43 and cash and bank balance per share is RM 95 cents?
A. Market perception on CSL is another China company list in Bursa Malaysia and manages by bloodsucker crook with no integrity and trustworthiness. ( Agree / Disagree )
B. CSL is a stingy "iron roosters." with no dividend given? ( Agree / Disagree )
C. Cash and bank balance is not real? ( Agree / Disagree )
D. The Financial account cannot be trusted? ( Agree / Disagree )

2. How the management can correct this perception and improve the share price?
A. Management need to address the trust deficiency by markedly improve their corporate governance practices; especially in the transparency department (example a sudden huge expense in advertisement is a no-no.) ( Agree / Disagree )
B. Share the company wealth with the minority shareholders with meaningful dividend. ( Agree / Disagree )
C. Embark in meaningful share buy-back to support the market price. ( Agree/ Disagree )
D. Once and for all do a forensic audit on cash and bank balance to dispel the allegation that cash and bank balance is not real. ( Agree / Disagree )
E. Since the share are so severely undervalue, privatize the company and spare the pains and suffering of so many minority shareholders. ( Agree / Disagree )

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