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85 comment(s). Last comment by Oretama at Mar 29, 2016 11:37 PM
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kk123
1986 posts

Posted by kk123 > Jan 4, 2016 8:23 PM | Report Abuse

Sink quan- sinking ship
Beware especially mr Koon


kk123
1986 posts

Posted by kk123 > Jan 4, 2016 8:27 PM | Report Abuse

I like this type of report where actual site visit is done.. By right all the blog writer shld do this instead of relying on their imagination.. They shld conduct side visit and talk to people - then they will know true story of what this company is all about


kk123
1986 posts

Posted by kk123 > Jan 4, 2016 8:36 PM | Report Abuse

If this company is in Colombia - the "investor" will already go to their office with a gun and demand for "refund"..


koonbee9
677 posts

Posted by koonbee9 > Jan 4, 2016 8:47 PM | Report Abuse

http://sharesinfo4u.com/archives/26552

Wah..pls read


leadership
36 posts

Posted by leadership > Jan 4, 2016 10:19 PM | Report Abuse

The workshop Building at Jinjiang has a built in area of 9k sq metre.

Did robertl also visit the workshop building at Huian that have a built in are of 100k sq metres.


Fortuneball
812 posts

Posted by Fortuneball > Jan 4, 2016 10:49 PM | Report Abuse

Koonbee9, thanks for sharing. I think KYY should just acknowledge that xinquan is his Waterloo


paperplane
18114 posts

Posted by paperplane > Jan 4, 2016 11:27 PM | Report Abuse

Ask him takeover and revise the company


davidkkw79
4153 posts

Posted by davidkkw79 > Jan 4, 2016 11:58 PM | Report Abuse

Take over a homemade shoe factory ?! Hahahha...


3EMWE
108 posts

Posted by 3EMWE > Jan 5, 2016 12:52 AM | Report Abuse

after dj sell off it will be a slipper factory tomolo...


TokBomoh
34 posts

Posted by TokBomoh > Jan 5, 2016 12:55 AM | Report Abuse

ini macam punya bisnes .. kelapa keras pun boleh koyak.


3iii
5666 posts

Posted by 3iii > Jan 5, 2016 12:56 PM | Report Abuse

Greed: This company has a lot of cash. It is deeply undervalued. There are huge profits to be made.

Fear: This company has a lot of cash. It is deeply undervalued. But why is the management not paying out cash dividends? Why is the management raising capital through rights issues? Why is the interest income from this huge cash pile so low? Why is the management not convincing in why they need such a big cash pile? The account might be fraudulent!


For those who already own the shares: To buy, to sell or to hold? Share has fallen over the years since listing. Is that an indication of the quality of the stock or company's business? It is painful to cut loss. They should revalue this stock today and make their decision. But the accounting looks fabulous!

For those who do not own this stock: To buy, to sell or to hold? Do you have better information than others? The recent AGM, has this given any confidence to the long suffering existing shareholders? How can you realise your profit should you own this stock? When can the profit be realised? What is the downside risk? Will the ugliness appear in the future in its accounting?


In the face of so much uncertainties, how can your decision be best guided?


davidkkw79
4153 posts

Posted by davidkkw79 > Jan 5, 2016 2:44 PM | Report Abuse

This company balance sheet claim its has RM 800millions cash in hand !
KYY said his got relative who is auditor has audit it as well. But use your brain to think, if you have cash RM 800 millions, would you just make a right issue call for asking 50 millions only??!!


wetmarket
212 posts

Posted by wetmarket > Jan 5, 2016 2:54 PM | Report Abuse

appreciate this article


CHONG Kong Hui
900 posts

Posted by CHONG Kong Hui > Jan 5, 2016 4:53 PM | Report Abuse

Wow! Scary story.


leadership
36 posts

Posted by leadership > Jan 5, 2016 6:40 PM | Report Abuse

Visit this webpage http://www.xingquan-international.com/business.html and see for yourself the new factory in Huian vs the old factory in Jingiang.

Any comment on this robertl


leadership
36 posts

Posted by leadership > Jan 5, 2016 7:45 PM | Report Abuse

Why did robertl not show us the new factory but instead showed us the old factory. Robertl, kindly provide your reason.


murali
5814 posts

Posted by murali > Jan 5, 2016 7:59 PM | Report Abuse

Maybe he is the spy of the China Boss to scare u all (including Koon Koon) to sell cheap cheap to him so that he can sapu all the cash of RM3 per share??


PlsGiveBonus
3817 posts

Posted by PlsGiveBonus > Jan 5, 2016 8:15 PM | Report Abuse

Waiting for part 3 and the price to gap down another 10%


sulaimanab1955
197 posts

Posted by sulaimanab1955 > Jan 5, 2016 10:56 PM | Report Abuse

leadership, in the first place, xinquan already doing outsource of Gertop contract to other manufacturers (which now consist of >80% of Xinquan's revenue), why would it needs such a factory? The simple answer is : inflated PPE value to give you the pristine balance sheet !


davidkkw79
4153 posts

Posted by davidkkw79 > Jan 5, 2016 10:58 PM | Report Abuse

Rm3 cash in hand ?! Hahaha....very very funny...800 million cash in hand , but ask right issue call for 50 million, does it make sense ? Photoshop all fake, website fake, asking u money for donation is real !


TokBomoh
34 posts

Posted by TokBomoh > Jan 5, 2016 11:00 PM | Report Abuse

atok rasa hari esok hujan turun lagi hehe


sahamewah128
12 posts

Posted by sahamewah128 > Jan 6, 2016 1:09 PM | Report Abuse

it's difficult to comprehend why the company with so much cash would want shareholders to take out more money to support the company's expansion? the rights issue does not equate well with shareholders. puzzling indeed???


LongJohn
96 posts

Posted by LongJohn > Jan 6, 2016 1:46 PM | Report Abuse

Then we wait for robertl to release more photos and stories. If he got nothing, he won't write


LongJohn
96 posts

Posted by LongJohn > Jan 6, 2016 1:48 PM | Report Abuse

His article stays in top chart after so many days. That's called traction!


leadership
36 posts

Posted by leadership > Jan 18, 2016 7:34 PM | Report Abuse

Visit http://www.xingquan-international.com/business.html and see for yourself an update of Xingquan factory taken on 7 Jan 2016. Robertl,Any comments.


leadership
36 posts

Posted by leadership > Jan 18, 2016 7:55 PM | Report Abuse

Now you know how Robertl fool us.


leadership
36 posts

Posted by leadership > Jan 18, 2016 8:11 PM | Report Abuse

What I am trying to say is why Robertl did not do a write based on pictures of the new factory located at Huian but insteadd do a write up based on pictures of the old factory located at JIngiang.Isn't he try to fool us.


leadership
36 posts

Posted by leadership > Jan 18, 2016 8:26 PM | Report Abuse

I just want to know why did Robertl not do a write up based on the Huian factory. If really the factory in Huian is hollow then at least we are convinced the whole business is a hoax.


shortinvestor77
3065 posts

Posted by shortinvestor77 > Jan 18, 2016 8:34 PM | Report Abuse

The workers don't wear uniforms. Why? All factories must be fully operational for business optimization.


leadership
36 posts

Posted by leadership > Jan 18, 2016 8:53 PM | Report Abuse

Why did you also not ask the same questions for photos taken by Robertl. I am just trying to point out that Robertl should be visiting and writing about the Huian factory rather than the Jinjiang factory.


Msports
142 posts

Posted by Msports > Jan 19, 2016 4:43 PM | Report Abuse

Not bad picture taken. So many workers and shoes boxes.


Msports
142 posts

Posted by Msports > Jan 19, 2016 4:45 PM | Report Abuse

What people said about China stocks absolutely lie. They have factories, workers and inventories just like any M'sian companies.


leadership
36 posts

Posted by leadership > Jan 25, 2016 7:54 PM | Report Abuse

Robertl has magically disappear after being exposed.


Oretama
121 posts

Posted by Oretama > Mar 29, 2016 11:33 PM | Report Abuse

I think picture of building by Robertl and picture on website is the same. But missing staff & stock.


Oretama
121 posts

Posted by Oretama > Mar 29, 2016 11:37 PM | Report Abuse

The tree height is also almost the same. So my conclusion is either robertl took the picture when they are on holiday (factory is close) or Xinquan hire actor & buy empty boxes for the pic on web

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