Highlights
KLSE: CSL (5214)       CHINA STATIONERY LIMITED MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.01   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 12 Million
NOSH: 1,241 Million
Avg Volume (4 weeks):14,921,036
4 Weeks Range:0.01 - 0.05
4 Weeks Price Volatility (%):
20.00%
52 Weeks Range:0.01 - 0.095
52 Weeks Price Volatility (%):
10.53%
Average Price Target: 1.22
Price Target Upside/Downside: +1.21

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2017[#2]  |  18-Aug-2017
Next QR | Est. Ann. Date: 30-Sep-2017  |  18-Nov-2017
T4Q P/E | EY: -2.25  |  -44.54%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.41  |  0.01
T4Q NP Margin | ROE: -1.77%  |  -0.32%

Headlines

Date Subject
28-Nov-2017 Mplus Market Pulse - 28 Nov 2017
28-Nov-2017 China Stationary, unable to contact the 2 remaining directors - M.A. Wind
23-Nov-2017 PublicInvest Research Headlines - 23 Nov 2017
01-Oct-2017 中国文具股价低.前景如何?

Business Background

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.
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  34 people like this.
 
coffeemoney No more hope, next Monday is the last trading day. Sell or too late. That CAP MSPORTS XINGQUAN are dead. CSL is the next..
30/11/2017 17:59
TheMiddle It is lousy counter. 1cents is not worth.
30/11/2017 22:12
tomblack Buy Anzo for possible 100% profit just in one month.
01/12/2017 07:39
tah16600 This Fatty Chan want free lunch.
01/12/2017 10:03
Wow123 sent si fai chai Ceo to jail makan nasi putih
03/12/2017 11:45
Mioxi 一切都在今天下牌了
04/12/2017 09:27
Mioxi 明天将化为泡影了
04/12/2017 09:28
tah16600 Why almost all China stocks got problem. This is mainly due to the lack of drastic actions by SC. So whom to be blame?.
04/12/2017 09:33
James James Hello...I think you all are newbies in the stock market,CSL has done the same thing before.....drama only .....
04/12/2017 09:48
tah16600 Who know Si Fatty Chan has been being buying for past few days , using proxy oh!
04/12/2017 09:55
James James tomblack...dont set traps for newbies here...check the financial status of CSL and compares with Anzo.....you can see Anzo all the while not making profits....the figures all in red colour since 2013
04/12/2017 09:58
James James Now is the right time to buy CSL...soon back to 0.055 and proceed to 0.080
04/12/2017 10:00
paktua73 in 0.01 early morning..
out back 015..
its good and fast contra profit
old man always king lie one
always love make money even in death stock
tut tut
04/12/2017 11:30
tah16600 Si Fatty Chan if u want d WHOLE comp. take private mah ! NTA RM 1.41. Never mind I sell to
u at 50% discount cheap 2 --- 70sen /sh only. So this will safe u from jail . I help u n u help me ke ke ke.
04/12/2017 12:11
TheMiddle Perhaps worst result after submit quarter report
04/12/2017 15:10
kayyong Few year ago, i seems bought it.Dispose it ( small loss
or lose commission ).Bye bye csl.I hope nobody bought above
10 cents, hold until now.
04/12/2017 17:06
Airapi Dir Percaya pada diri sendiri
04/12/2017 17:17
celaka 1 cent huat ah......
04/12/2017 17:20
Steve Jub i used buy this stock . i think rm0.90. luckily lari already that time. @@
04/12/2017 17:45
lcteh88 Director resigned and ran away ! No direction to CSL now. It is the same as a headless dragon ! Of course, this dragon is about to be handicapped and start knocking here and there.
04/12/2017 21:12
05/12/2017 00:13
Wow123 This Fatty Fei Chai Ceo already Con us even SC & Bursa
05/12/2017 09:07
Wow123 Should log report in China on crime against Si Fei Chai Ceo Chan Fung
05/12/2017 09:09
05/12/2017 23:17
newbie2014 What will happen to csl in suspension now?
06/12/2017 16:28
ckk916 Csl can buy now ?
06/12/2017 18:31
Uncle_Lim delist already lo
07/12/2017 00:38
Bigbrother buy a new hope at anzo
07/12/2017 12:17
AyamGoreng kikikiki..... syarikat dari Fujian Jinjiang semua penipu lah, mari sini bohong kita punya duit sahaja!
07/12/2017 13:40
TheMiddle Fatty chan disappear, no heavy buying at low price.I think something happens which out their control .
07/12/2017 16:01
Wow123 I think factory over there in china not belong to CSL
07/12/2017 19:11
newbie2014 Anyone still holding, share to us what now? Attend meeting in secret?
09/12/2017 17:23
Airapi Dir Change of Company Secretary
09/12/2017 20:40
wellend someone please help me. i have many stock stuck in CSL. what should i do?
10/12/2017 19:34
MamakKutty Ask SSlee, he's the speaker of the minority shareholder.
11/12/2017 11:18
sparkrider @wellend CSL is delisted..that mean all stock value is equal to zero...tissue paper
11/12/2017 12:45
Wow123 Look like money game company listed here and investor gets con by Si Fatt Chai Ceo
11/12/2017 15:40
freddiehero ? tis counter die..
11/12/2017 16:08
Sslee Dear wellend,
Refer to Bursa Announcement:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5611937
(i) to have its 3rd Quarterly Report for financial period ended 30 September 2017 reviewed by its external auditors prior to its issuance.
The scope of the review shall take into account, but not limited to, the following:-
(a) Assess and verify the material litigations involving CSL's subsidiaries, namely Sakura (Fujian) Packaging & Stationery Co., Ltd, Sakura (Fujian) Plastics Enterprise Co., Ltd and Ruiyuan (Fujian) Enterprise Co., Ltd and ascertain its financial impact to the Company;
(b) Verification of CSL's existing cash and bank balances; and
(c) Verification of CSL's trade, other receivables and revenue.
(ii) to have the advertisement expenses amounting to RMB146.2 million for financial year ended 31 December 2016 be reviewed by the external auditors.
Hereinafter (i) and (ii) be collectively referred as ("the Outstanding Information")
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5617561
The failure to issue the above Third Quarter Results is due to the following reasons:
1. unable to obtain confirmations from third parties (i.e. bankers, debtors, creditors, courts in China etc) to perform verification checks in relation to all litigation cases involving the subsidiaries of CSL;
2. unable to contact the two remaining directors i.e. Mr Chan Fung @ Kwan Wing Yin and Mr Angus Kwan Chun Jut. Hence, no Board of Directors' meeting is held to approve the Third Quarter Results; and
3. unable to undertake the necessary assessment on the impact to the CSL’s financial statements and its operations without the issuance of legal opinion report by Zhi Jun Law Firm of Fujian.
At this stage, CSL is unable to ascertain the target date to issue and release its Third Quarter Results to Bursa Securities.
Pursuant to Paragraph 9.28(5) of MMLR, if CSL fails to issue the Third Quarter Results within 5 market days after the expiry of the Timeframe (the last day of this 5 market days shall hereinafter be referred to as “Suspension Deadline”), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend trading in the securities of CSL.
The suspension shall be effected on the next market day following the expiry of the Suspension Deadline and will be uplifted on the market day following the issuance of the Third Quarter Results, unless otherwise determined by Bursa Securities. As such, the suspension will be effected on 11 December 2017.
Pursuant to Paragraph 9.28(6) of the MMLR, if CSL fails to issue the Third Quarter Results within 6 months from the expiry of the Timeframe, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against CSL.

After 6 months suspension period if CSL still cannot issue the Third Quarter Result the Bursa will as a final resort take, de-listing procedures shall be commenced against CSL. And can issue Public Reprimand and penalties (Max RM 1 million fine with interest commence from date of fine) on the Director for breach of BURSA listing regulation/requirement.
After delisting CSL will be a private company and you will become a shareholder to this private company which in fact is an empty company. So be prepared for total loss.
SC will come in to start a criminal fraud investigation if evident can be gathered of such accounting fraud was committed by the CEO/director/Auditor. SC can apply an extradite request thro’ Mutual Legal Assistance with China to bring Mr. Chan Fung to face trial in Malaysia Court.

Thank you
11/12/2017 20:38
Sslee Dear all,
To all the victims of Red Chip Companies, I had made numerous complaints to BURSA and SC. Personally meet with BURSA and SC several times to follow up with my complaints and seek their advice any redress or class action for compensation I can took. Hand in a petition letter to His Excellency Ambassador of China Dr. Huang resident. Meet with Chinese trade Secretary Mr. Fang Tao in Jalan Ulu Kelang Ampang. And with frustration wrote in address to SC Chairman Tan Sri Ranjit Ajit Singh and SC's Chief Regulatory Officer Foo Lee Mei,
It is very clear by now that many of the RED CHIP companies listed in Bursa Malaysia are Scammers come after our Malaysian millions. May I ask who should play the roles of Scam Buster and protest the integrity of Bursa Malaysia and to take the necessary precautionary measures in order to prevent investing public falling victim to these malicious scams?
Will Securities Commission Malaysia and Bursa Malaysia play the roles of SCAM BUSTER and steadfastly carry the sacred responsibility of investor protection?
What I get is following reply:
“Thank you for your email below.
We take cognizance of your concerns on the companies mentioned below and your complaint has been escalated accordingly.
However, please be advised that we are restricted by law from disclosing information obtained in the performance of our regulatory functions. Therefore, we are unable to disclose the status of our review on the companies mentioned.
Nonetheless, please be informed that should Securities Commission Malaysia (SC) discovers any breaches of securities laws, appropriate action will be initiated against the person(s) in breach, and such information may be made public either via SC’s website or by way of a press release.”

It looks like SC and BURSA is taking actions now but it is a little bit too late too little. Justices will be served someday we just need to have patience. As of whether any victims can hold External Auditor, IPO or RI Promoter/Banker accountable and take up a class action lawsuit against them for gross negligence? And thus claims compensation from them? Any Advocates and Solicitors are most welcome to give their advice?
Or perhaps someone can find a political solution by complaining to MCA complaints bureau Chief Michael Chong, or organize a demonstration in front of China Embassy to shame the China Government into action?
Thank you
11/12/2017 20:39
celaka kutuk
11/12/2017 22:02
Mypickers Not my pick
11/12/2017 22:08
TheMiddle Nothing much we can do, keep complaint and wait...
12/12/2017 15:15
Lovely Hello anybody, just a simple** simple question.
.
Where can I find the ***comsumer products***, such as folder, plastic cover, file made CSL??
.
Which vendor, or bookstore I can find that? Anyone please answer this.
.
WHERE IS THE PRODUCT?
12/12/2017 22:56
TheContrarian I think CSL only manufacture hell notes.
12/12/2017 23:06
Fam___Jenny Agree. I think they should request the auditor to VERIFY THE PRODUCT in addition of bank balance and advertisement expenses.

hheee from CSL annual report, got beautiful products, and yet no body in this form ever can verify any book store (physical, or online), selling the SAKURA plastic folder, etc. etc... hehehe
13/12/2017 18:55
Fam___Jenny Hi, calvintaneng, can you show me any store selling CSL'S product?
...
List in Malaysia and yet did not sell their product in Malaysia, hip hip hooray.
13/12/2017 18:57
noah call my friend in beijing to help look out for this brand.
and the answer is , you guess it.
13/12/2017 19:33
lcteh88 R.I. P CSL . Luckily , I did not invest in it .
14/12/2017 00:42
Wahahahaaha126 eh, each year 3 BILLIONS of REVENUE.... selling "CONSUMER PRODUCTS"->
...SAKURA FILES, PLASTIC FOLDERS, etc.....
/
3 BILLIONS of SALES eh, which ebay, or TAOBAO, or LAZADA, or local book stores,
?
I can find those SAKURA files, FOLDERS, eh?? Where eh ??
14/12/2017 20:51


 

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