If no dividend and loss making then red chips is better because far cheaper if you are eyeing huge cash pile stocks. Eg Xinghe, CSL, Kstar, etc.

Perennial loss QR also can move so someone buying for huge cash pile? Why not profitable Xinghe moving as well?
http://klse.i3investor.com/servlets/stk/fin/5172.jsp

Agree. Beside having huge cash pile they also have profitable business unlike Puncak which is loss making eg Xinghe, CSL, etc.

Posted by stockmanmy > Jul 20, 2016 12:15 AM | Report Abuse
icon
if a figure in the balance sheet is margin of safety, there are plenty of red chips you can buy in the klse.......hahahaha

If Xinquan(or any China counters) give same reason(business expansion) for right issue how investors will react?

All talk no use. When Bornoil will share profit for us(dividend)?

Bornoil past right issues. All right issues for growth?

http://www.bursamalaysia.com/market/listed-companies/company-announcements#/?category=EA&sub_category=all&alphabetical=All&company=7036

Why Bornoil only got right issue in the past but no dividend?
http://klse.i3investor.com/servlets/stk/annent/7036.jsp

How to believe their profit is true if no dividend?
http://klse.i3investor.com/servlets/stk/annent/7036.jsp

Why Bornoil never give dividend?

Some people like high dividend stocks like MBSB. Problem is they will ask for right issue when no money. MBSB case 2 times RI past 3 years.
http://klse.i3investor.com/servlets/stk/annent/1171.jsp

Total dividend given not reach RM 1. Why RI ask for RM 1?
http://klse.i3investor.com/servlets/stk/annent/7374.jsp

http://klse.i3investor.com/blogs/cpteh/99008.jsp

Mr sell if you fear please buy China counters like Xinghe, CAP, etc. Even sifu CP Teh say it is good. Like Comcorp they also reported good QR but no fear(bad QR) of drop like sky high Comcorp. Most China counters already near rock bottom so fear of drop is not there.
http://klse.i3investor.com/blogs/cpteh/99008.jsp

Agree 100%. Even KYY believe in China Xinquan. Icon8888 in his blogs also said future is important. So where can have good future if not China with strong economic growth?

Xinquan, Xinghe, CSL, etc also growing why people sell down rather bid up unlike Comcorp?

Posted by VenFx > Jun 24, 2016 10:44 PM | Report Abuse
Rarely a growing company pay dividen.

What's the point having so much profit yet shareholders does not get any benefit(dividend)?

Glotec got give dividend?

Posted by CrapTree > Jun 6, 2016 09:25 PM | Report Abuse
later all monies gone... then all cry like a baby

Justin Ngo do you have bank or EPF savings? If someone never withdraw either both(bank and EPF saving) are they doing any wrong(like Xinghe don't want to give dividend)?

Justin Ngo I ask other counters shareholders eg Penta, Eg, Comcorp, etc they said never mind. Why then 4.5 sen Xinghe must pay dividend when 70 sen above counter not required? Please answer me sincerely.

Posted by Justin Ngo > Jun 6, 2016 03:49 PM | Report Abuse

Company got 213 million cash and bank balances. Share price up or down is not the matter. But the director is stingy. Dont want to share the money with shareholders.

If China counters eg Xinquan, CSL, Xinghe, CAP, etc don't give dividend can people accept? Why Penta case never mind?

Posted by news > Jun 6, 2016 09:09 PM | Report Abuse
Penta did not declare dividend, so no dividend la.

Posted by chrisyap > Jun 6, 2016 09:16 PM | Report Abuse
last time got pay dividend, then stop maybe company not making good profit, this company revived and making good profit in recent years, it is going to be ballistic, and now we want capital gain first lor wakaka

Is the account fake one? Why no dividend? Can someone answer please.
http://klse.i3investor.com/servlets/stk/annent/7160.jsp

Why cannot hold? Xinghe is profitable and reported even better profit than many stocks even fellow red chips like Xinquan and Kanger. Heard sharks goreng Kanger will target Xinghe soon.

If Kanger(red chip like Xinghe) can tripled in 2016 why not Xinghe?

Who bought at 10 sen and hold until today tripled their money this year.

Why buy now? 1 sen I buy.

Cash balance actually increase to RM 340.347 million.

PARTICULARS NOTE Unaudited Unaudited Unaudited Unaudited
As At As At As At As At
31-Mar-16 31-Dec-15 31-Mar-16 31-Dec-15
RMB'000 RMB'000 RM'000 (1) RM'000 (1)
ASSETS
Non-current assets
Property, plant and equipment 282,482 290,197 186,975 192,081
Intangible assets 16,358 17,220 10,827 11,398
298,840 307,417 197,802 203,479
Current assets
Inventories 12,220 11,238 8,088 7,438
Trade receivables 112,902 173,627 74,730 114,924
Prepayment and other receivables 1,298 546 859 361
Cash and bank balances 514,196 496,480 340,347 328,620
640,616 681,891 424,024 451,343
Total assets 939,456 989,308 621,826 654,822
EQUITY AND LIABILITY
Capital and Reserves
Share capital 102,373 100,363 67,760 66,429
Reserve 772,607 785,141 511,388 519,686
Total equity 874,980 885,504 579,148 586,115
Note:
The quarterly report is prepared without taking into consideration of any financial adjustment, if any, that may arise from the additional works to be
performed by the External Auditors of the Company, RT LLP to verify expenditure incurred and bank balances, as announced on 25 April 2016。
The adjustment, if any, when determined, may have an impact on the current quarterly results.

If what is written in this blog is true China stocks listed here should be best buy. Most of them have cash per share higher than share price.

Money falling from sky? Can collect to make money?

Frankly speaking China counters listed here more predictable than local stocks. Those making good profit in past QR likely continue to do well. Eg Xinghe, CSL, Xinquan, Kanger, CAP etc. Msports should also in the list although last year QR a bit disappointing but still not audited.

Kanger also made in China can move up also.

Paramjit Singh appointed directors.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5100229

Kanger major shareholder Leng Xingmin own 33% vs Xinghe Ma Guoliang 54% and 30% warrants.

Kanger 26 sen why Xinghe cannot?

Wait Xinghe May QR see whether better than fellow red chip Kanger.

PE only 1.3 if read Star today.

Do auditors approve red chips account?

Kanger(red chip also) can go up why others cannot?

Kanger also red chip can move up why not still profitable and low PE Xinghe?

1234rich are you from KL? If yes please try to attend AGM on 27th. Ask for dividend or free warrant o/w hard for Xinghe to move up. No need to invest RMB 600 million(RMB 60 million cankah?) which will take 3 years.

KYY trade stocks very long so know the rule but not other people. They are busy to take care business of their listed companies. If business don't get how can report good QR.

rainbowyen Of course he is the only one. I mean the chosen one.
Kyy - One and only multi-millionaires/major shareholder who proudly promote his own share in i3…

15/05/2016 11:16

Why? Even superinvestor Koon Yew Yin also invest in Xinquan. I prefer Xinghe because QR is good and cheap. Perhaps if keep long enough can get free warrant and dividend.

Posted by shortinvestor77 > May 15, 2016 12:18 PM | Report Abuse
Ayam tua kena tipu, malu dan hilang diri. Berhati-hati dengan counter China.

No wonder chinaman so rich. They are super stingy.

Posted by Up_down > May 14, 2016 02:00 PM | Report Abuse
If kky don't have time, but he got plenty of money. He can get few staffs helping him to sort it out. It is so cheap to employ staff in Msia. No excuse for against the law due to ignorance.

TheContrarian probably time(deadline 30th Annual Report must out) is the one causing it. Also more money involve since auditors are from Malaysia whereas the listed companies is in China. Anyway past few years many of those companies failed to submit annual report on deadline day(this year is Msports and Maxwell) perhaps tackle some of the problems you highlighted. 2 years ago was CSL case.

Posted by TheContrarian > May 14, 2016 08:33 AM | Report Abuse
Audited FS are not of international standards. Everything based on directors certification eg. inventories, cash, properties. No physical inspection or external independent confirmation.

Posted by TheContrarian > May 14, 2016 11:13 AM | Report Abuse
TheContrarian The Auditors of the listed companies depend on the "audited FS" of the China subsidiaries which are audited by substandard auditors.

munhou how can you accept Kanger? Now I accept Xinghe because cheap ma.

Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
May 12, 2016 11:53 AM | Report Abuse
tq guys
http://klse.i3investor.com/servlets/cube/post/munhou.jsp

Hiu they listed here because not qualified to list in China. Many more in waiting list.

Why people don't think the same in China stocks listed here? They also rewarded free warrants in the past like Xinghe, Msports, XDL, Kanger and many more. Why people said not good enough but can accept in Vivocom?

Posted by stockmanmy > May 13, 2016 09:48 PM | Report Abuse
warrant is cash in the hand of the warrant holder.

Warrant can dilute earnings how can it be good? Dividend is real money.

So Vivocom dividend this or next month? M'sian seem to bash heavily China stocks listed here cannot give dividend despite reporting good profit so how about Vivocom?

Good QR red chip Kanger can move up steadily from 11 sen this year why not Xinghe?

If really no fear red chip in Kanger so the rest can treat the same if they have good QR?