Posted by wahaha_irene_f_Jenny > May 10, 2014 11:08 PM | Report Abuse

The factory is still there like usual. No fire in the pics.
Only wahaha126 is mogok there



https://farm8.staticflickr.com/7029/13780484575_daa9aedcd9_o.jpg

https://farm4.staticflickr.com/3794/13750633493_734373573a_o.jpg


MANA ADA FIRE?

自导自演

证据确凿

欠钱不环

一百八万
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Sure, yr pictures are authentic? No fire, no police case?
Meaning, a fake announcement was submitted to bursa ! http://www.bursamalaysia.com/market/listed-companies/company-announcements/1617257
Hohoho ! Ini kali, sure delist!

Kimsun, what is the reason for the stock to go up?
- Just for being able to meet Bursa's deadline after a 2 months delay?
- Records destroyed, how to do up a proper account now?
- How much will the hike be ? Back to IPO price?
- Any idea survive for how much longer after factory had gone up in smoke... What else is there to sell ?
- The surprise dividend will come fr where? Why would d operator share out whatever hard cash left in their bank with Malaysian investors - any idea?
Hahaha! Do think real hard tonight to come out with some intelligent answers for us.

http://www.theedgemalaysia.com/mobile/article.php?id=288844&pid=1

from bursa's announcement site:

OTHERS China Stationery Limited ("CSL" or the "Company") – Updates on the Incident of Fire

CHINA STATIONERY LIMITED

Type Announcement
Subject OTHERS
Description China Stationery Limited ("CSL" or the "Company") – Updates on the Incident of Fire


As follow up to the announcement made on 8 April 2014 pertaining to the fire incident, the Company would like to inform that the Company has a total of 5 production plants located in The People’s Republic of China (“PRC”) measuring approximately 50,000 square metres in total area, of which the area of the plant gutted by the fire measuring approximately 10,000 square metres, constituting 20% of the total floor area.
The fire did not spread to the other production plant of the Company. The production capacity of the affected plant represents 40% out of the total production capacity of all the plants of CSL for 2013 financial year.
The affected production plant is currently sealed off by police authority of PRC and prohibited from entrance by outsiders save for the investigating police. In view thereof, Management of CSL and insurance representatives are unable to access to the scene to ascertain the total damage caused by the fire incident as of to-date.
There is insurance coverage against the damage caused by fire to the equipment, raw materials and finished products housed and/or kept in the affected plant. The Company and the insurance company are unable to ascertain the amount of damage and loss to the equipment, raw materials and finished products due to the current inaccessibility to the affected plant. Nevertheless, the Company is preparing for remedial works to commence once the affected plant is allowed for access by the PRC police. In addition, the Company also wishes to inform that the services offered by the insurance company in PRC , would not cover for loss of business income applies to the loss suffered by the Company during the time required to repair or replace the damaged property.
Management of the Company is in the midst of liaising with the customers of the Company in regard to the fire incident and looking for their understanding on such incident. As at the time of this announcement, none of the customers have initiated legal proceedings to demand for compensation in view of the delays in fulfilling their orders due to the fire incident.
Following the fire incident, the External Auditors of CSL are unable to proceed with their planned schedule to obtain walk-in bank confirmations, sight of fixed assets, as well as complete their audit fieldwork for the Company’s PRC subsidiaries in which the procedures are crucial for them to form and issue an audit opinion on the Company and its Group’s financial statements for the financial year ended 31 December 2013.
In view thereof, the Company has on 17 April 2014 submitted an application for extension of time for a period of two months from the respective deadlines for issuance of the Audited Financial Statements for year ended 31 December 2013 and Quarterly Results for the period ended 31 March 2014, in order to comply with Paragraph 9.23(2) and Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. An announcement was released to Bursa Malaysia Securities Berhad (“Bursa Securities”) on 17 April 2014 concurrently.
The Board also wishes to highlight that Bursa Securities has via its letter dated 30 April 2014, resolved to grant CSL an extension of time of:
(i) two (2) months from 1 May 2014 until 30 June 2014 ("Extended Deadline") to announce its Audited Financial Statements for the financial year ended 31 December 2013 ("AFS"), which is due on 30 April 2014; and
(ii) two (2) months from 1 June 2014 until 31 July 2014 ("Extended Deadline") to announce the first quarterly report for the financial period ended 31 March 2014 ("1st quarterly report"), which is due on 31 May 2014.
subject to the condition that CSL be required to announce the monthly updates on the progress of the police investigation report and the steps taken or proposed to be taken to issue the outstanding AFS and 1st quarterly report before the Extended Deadline pursuant to paragraph 9.28(4)(b) of the Main Market Listing Requirements of Bursa Securities.
This announcement is dated 8 May 2014.

Posted by Cweed > May 10, 2014 08:36 PM | Report Abuse X

http://www.theedgemalaysia.com/business-news/289000-highlight-bursa-listed-chinese-firms-scrutinised-on-falling-profitability-non-compliance-the-edge-malaysia-reports-.html
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Posted by wahihi126 Kikiki126 > May 10, 2014 08:53 PM | Report Abuse

Cweed: thank for highlighting !finally got to tell the truth!
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U r welcome! M just attaching article here. Credit goes to investigative reporting of the Edge. :) Hope it aids others make more informed investment decisions.

Hey, sorry to hear about your huge investment loss. :(

http://www.theedgemalaysia.com/business-news/289000-highlight-bursa-listed-chinese-firms-scrutinised-on-falling-profitability-non-compliance-the-edge-malaysia-reports-.html

Kimberly80, spamming everywhere! Ignore that post.,

Kimberly80 spams everywhere lah! Ignore her!

Nicermannson , why complain? Good, good! Like that More sale for d co. Only like this share price can go up mah!

Tj, Use more, more! Kikikiki! Nanti u pergi Brazil samba bring satu Lori sana - can do side biz. Ada shortage lah sana! Kikikiki!

Aisay, taugeh tj got to go when I come in! Heheheh! Bye!

Nicermannson , polarland is where? Land of d Great Bear ya? Kikiki!

Kimberly80 is spamming everywhere, lah! Just ignore that post.

Kimberly80, why u promoting these 2 ctrs everywhere? Tak berapa laku ya? Hehehehe! Nanti moderator ban u baru tau....

Posted by alexisvics > May 10, 2014 01:59 PM | Report Abuse

agree with u,Cweed...
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Hi alexisvics
Just wait till it go to MB. Out if d blue U'd find yrself holding a piece of blue chip at dirt cheap price! Hihihi!

Hi bursamaster, I tot so! Hehehe! Next week start?
P/s: itu raya still got potential to goreng huh? Feel like punting...

K, k! Will wait. Some say easily double.

Itu karex yesterday apasal no action tarak shoot! Haizzzzz! Bila kambing any idea?

K,k!

Alex Leow Sze Shen
3392 posts
Posted by Alex Leow Sze Shen > May 10, 2014 04:08 PM | Report Abuse

All good news, the next key point is MONTH END
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Hi Alex, What's up month end?

27055825
3 posts
Posted by 27055825 > May 10, 2014 12:59 AM | Report Abuse

iris will start goreng on monday DON'T miss the boat.Such an opportunity comes only once a while.Target 0.80
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Betul Kah? I load in more bullets if it's really kisah benar.....

Good Penny stocks very easy to make $$$ one lah.... 10 sen turn 20 sen. 20 sen turn 40 sen. 40 sen turn 80 sen.... Hehehehe! 100% return each time I pick a block at a new dip. Hehehe! Just that must hold abit. Mid/ long term. My recipe won't work for those playing contra. Contra grade, must play speculative counters ( which I also allocate some money to punt. Hihihi)

Enter when everyone is cursing it, sell when everyone wanna chase! Hehehe! To win, must not adopt d crowd mentality lah....

Nicermannson, yeah, what goes up must come down - that's d law in d 1st place. Unfortunately most ppl expect a stock to rocket up on n on.,,, very unrealistic isn't it? Hehehe! When go down, they throw, when go up, they chase aiyoyoyo! Original Recipe to lose $$$$$!

Ohhhh! Hehehehe! Yeah, no choice. It's May, so could have gone away to NorthPole for holiday. :)

I think Mon drop. Went up too much too quick . After this correction, will be upward again!?

That's no correct or wrong way to arrive at certain TP. Pure TA usually doesn't work. Must also take into account FA. Anyway, that's just my guesstimate. Follow at own risk.

Let it take a breather. To expect a stock to go up non stop is not realistic.

So long as it's not false alarm... Else, at this price am thinking to cut loss....

Daryltkt, I've collected way too much oledi ... Give others chance... Heheh...any any idea when it will shoot? Next week?

You are welcome, Johny. Dun worry, there r strong rumours that it will come very2 soon! ;)

What goes down, must go up! ;)

When the price is still so affordable, BUY!
For example, 7 sen don't come anymore, 20 sen won't come anymore, 40 sen won't come anymore! For every of this low dips, guess who collected n continue to collect! Hehehehe!

Don't just stand n stare n be too myopic when it comes to investment. Hehehe!

Think mid/long term! Very rewarding experience if u ask me ;)

It ding dong ding dong this range for quite a while oledi. Hope after 0.28 won't come down like before. Heheheh! Market really lembik, despite rumours foreign funds are here....

No volume. Will only collect more when it's really low. Below 30sen. Like I said before, my previous average is very very low... Heheheh!

Hi ch, price is going up. Heard will continue to go up next week. ;) dragonslayer has a point- only month one... Game is not over yet. But Just started. Price is still cheap. IMHO, the nearer to World Cup, the higher the price. ( due to the high world demand)
Good luck everyone.! :)

Hi Johny, I'm going to copy n paste my reply to you in the karex thread here, for other's benefit :)
A summary of the principal terms of the KAREX-CA is set out in Table 1 - pls click PDF file for the formula:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1591537

Johny Khong,
A summary of the principal terms of the KAREX-CA is set out in Table 1 - pls click PDF file for the formula:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1591537
Hope it helps ;)

Any good news? Why d price hike?

Ch, Cimb must also play fair, give chance for players to win. If too many casualties, it will surely kill the traffic very fast. This is the First real stirring since I bot.
Whatever it is, I'm just treating it like any other normal warrant. Mother share seems to be doing well;)

U out oledi?

Anyone has this one? And news to share?

Brahmal counters can hold long term. Sorta growth stocks, I was told. Anyway, I wanna c how it performs next few days. If ok, I continue to collect n keep. I usually go for mid/long term in investment. I'm not a day trader or contra player. Follow at own risk. Heheheh!

Maybe need a breather after a few days marathon run. Brahmal punya counters, quite stable punya... ;) dun worry, be happy!

Not a bad show last minute!

congrats all! Let's huat2 together!

BursaMater, What's d TP? I'm already in... Hehehe!

The run is not over yet. Heheheh!

Check karex's humble start, it managed to shoot up 1 fold in less than 6 months. And for World Cup, demand for condom can go 5 folds! Go figure if the current price is realistic! Hehehehe!
D ca is also very fast n furious too 2day! huat huat hurray!

Finally, it betul2 come! HahahaH ! More to come tomorrow! huat huat hurray! ;)

nice closing! yes, daryltkt will hold.... ;)

tj, u tau dia punya belakang gunung siapa? mestilah not bad! hehehe!