China Stationery Limited (China Stationery) is a holding company. China Stationery is an integrated plastic stationary company with its own brands of plastic stationary products. Its products are sold under its own brands, such as SAKURA, NACHI and FOLDERSYS. The Company designs, manufactures and sells an assortment of approximately 450 plastic filings and storage products, such as expandable files, pocket files with sheet protectors, compact disc holder files, business card holders and albums. Its plastic tape printer is used by small and medium enterprises (SMEs) in China and globally to print customized adhesive tape labels used to seal corrugated or packaging boxes. It also undertakes original equipment manufacturer (OEM) manufacturing for its customers. The Company’s subsidiaries include Sunwealth Group Limited, Campus Developments Limited, Ruiyuan (Fujian) Enterprise Co., Ltd, Sakura (Fujian) Plastic Entertainment Co., Ltd and Sakura (Fujian) Packaging & Stationery Co., Ltd.
wahaha126kimsun.. your assunption almost there ......157mil -7mil(7mil share=belongs to wahaha).(bcos wahaha do doubling up from 3.5mil to 7mil juz buy max at 19-19.5c).the rest.150mil.. only 150mil juz required another rm28-to 29mil... if the tp hanging 19c-19.5c...rm29mil/290 buyers..rm100k each only!
wahaha126another assumption about the :distribution of share holding could be down from 4521 to 1000-2000 holders....it tell tat many short term investors either cut loss or may be breakeven already leaving ..
smallboymaybe the holding share of 87.37% also fake??? just suspect haha
wahaha126wahaha never work alone" team up"....majority of my geng are " kaki goreng property".. due RPGT INCREASES pretty much, they are now switching to " penny stock" with extreme potential to " sky rocketting"... CSL (one of the GEM!)...3 to 6 month time!
wahaha126smallBOY ... wat ?the 87.37% of CSL share also fake!....if like that BURSA sudah tutup lama!
luckily i cut lose at 0.21 go buy l&g and latitud ^^
smallboy :" is tat your comment!".. if yes!... your money flying liao! ,
wahaha126my geng can easily "buyout" the balance of 150mil/19c...BUT.." NEVER EVER put > 25% of your total weath into one basket!
Micheal TeoUnless CSL directors have intention to let d CO.go bust I have nothing better to say its legalised fraud. However,stationery is basically like other depleting items once used up u have to replenish. As such, if d products mfg.by CSL is of reasonable price n quality acceptable by consumers I presume it is a viable business. I remember during my school in d early seventies PELIKAN writing instruments were of superior quality.However, today I read with fascination d Co boasts of huge turnover rm+1B but bottomlime negative. Y perhaps d MD n CEO have d truthful answers. Just my individual view of a full time pensioner n survival of 3 Bursa crashes. Tq.
wahaha126the daily trading constrained volume" from easily 10mil up to 40mil... juz left 1 to 1.6mil daily!...indicate something right!....according to smallboy is "blackholed" into " someone account"...is faking real fake of universe!
Fam JennyNothing is fake, all are playing poker game now i.e a gamble of guts,to accumulate as much as possible at this price.Most of t small fishes have left this counter with great disappointment n financial injury. Big bosses, money earned in this way is not blessed income cos at t sorrow of others Why don't you use your skill n intelligence to generate wealth through real business dealings like expansion of your networks into other countries?Be more charitable to others than God will be caring to you when you face new challenges.