Hahaha the only scam group share not been goreng before.
200M x 0.025
200M x 0.030
200M x 0.035
200M x 0.040
200M x 0.045
200M x 0.05
200M x 0.055
200M x 0.060
200M x 0.065

They need less than 50M to goreng to RM0.065
Lambo shark is super weak

Scam group leaders Eddie Chai, Roy Ho Yew Lee and Ng Kok Heng

Remember to monitor XDL closely.
Enjoy your gain, beware of the China stock risks


07/08/2020 1:30 PM
limhong Congratulations on your gain, it is a kind reminder on below.


07/08/2020 1:30 P
Trade at your own risk
- No audit report yet
- Always make profit and high cash same as the bankrupted MSports, Maxwell, China Stationery, XingQuan, but collapsed within 1 day?
- PPE? facility is not even ready.


28/07/2020 3:55 PM
https://www.theedgemarkets.com/article/end-road-china-stationery

CHINA Stationery Ltd (CSL) appears to have reached the end of the road as a public-listed company after five years on Bursa Malaysia. Trading in the China-based stationery maker’s shares was suspended on Dec 5 after it failed to furnish the regulator with the results for its third quarter ended Sept 30 (3QFY2017) within the stipulated time.


27/07/2020 10:50 AM
limhong Those haven't buy XDL, please do read into KLSE forum for
1. Maxwell International Holdings
2. Xing Quan
3. Msport
4. China Stationery Limited
They share same characters as XDL
- High cash, high NTA, high profit
- never ever dare to use reputable auditors
- From Jinjiang China
- manufactured shoes
- all owned by China conmen
- all collapsed overnight due to FAKE AUDITED ACCOUNTS, XDL is the last not yet collapse

Warrant Buffet: the scariest investment is when you will lost all your capital. Think wisely, invest for your future and family but NOT GAMBLING. I have friends who are victim of Xingquan, Bursa just did not do anything to recover their money until today.


21/07/2020 12:26 PM
limhong This is a china stock, Bursa is very irresponsible did not claim back the money for a few collapsed China KLSE stocks in the past 5 years. See below.

I knew some of the investors, today they lost all their capital as authorities did not do any effort to penalise the culprits. All cock talkers here, keep saying china shooting team and auditors.

If you read the 5 great collapse of china stocks, you will realise the danger of XDL, all show similar attributes - high cash, strong balance sheet and profitable, eventually 1-day collapsed as the account is FAKE.


https://www.theedgemarkets.com/article/multi-sports-be-delisted-jan-31...
19/06/2020 8:24 AM

limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM


limhong http://www.bursamalaysia.com/market/listed-companies/company-announcem...

MAXWELL-SUSPENSION OF TRADING
MAXWELL INTERNATIONAL HOLDINGS BERHAD
The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").


19/06/2020 8:27 AM
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun...
19/06/2020 8:28 AM

limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz
19/06/2020 8:32 AM

limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.
05/08/2020 2:43

Congratulations on your big gains this week.
Share is either up or down.
XDL has a special risk of china stock sudden crash precedence.
Just avoid being caught at high price, i get nothing by sharing anyway.

Congratulations on your gain, it is a kind reminder on below.


07/08/2020 1:30 P
Trade at your own risk
- No audit report yet
- Always make profit and high cash same as the bankrupted MSports, Maxwell, China Stationery, XingQuan, but collapsed within 1 day?
- PPE? facility is not even ready.


28/07/2020 3:55 PM
X
limhong A lot of people lost money here but want other to join them in the game.
https://www.theedgemarkets.com/article/end-road-china-stationery


CHINA Stationery Ltd (CSL) appears to have reached the end of the road as a public-listed company after five years on Bursa Malaysia. Trading in the China-based stationery maker’s shares was suspended on Dec 5 after it failed to furnish the regulator with the results for its third quarter ended Sept 30 (3QFY2017) within the stipulated time.

On the day before its suspension, CSL closed at one sen.

Bursa is slated to commence the delisting process against CSL six months from Nov 30 if the company does not meet its directive to release its 3QFY2017 results by then.



27/07/2020 10:50 AM
X
limhong Those haven't buy XDL, please do read into KLSE forum for
1. Maxwell International Holdings
2. Xing Quan
3. Msport
4. China Stationery Limited
They share same characters as XDL
- High cash, high NTA, high profit
- never ever dare to use reputable auditors
- From Jinjiang China
- manufactured shoes
- all owned by China conmen
- all collapsed overnight due to FAKE AUDITED ACCOUNTS, XDL is the last not yet collapse

Warrant Buffet: the scariest investment is when you will lost all your capital. Think wisely, invest for your future and family but NOT GAMBLING. I have friends who are victim of Xingquan, Bursa just did not do anything to recover their money until today.


21/07/2020 12:26 PM
X
limhong This is a china stock, Bursa is very irresponsible did not claim back the money for a few collapsed China KLSE stocks in the past 5 years. See below.

I knew some of the investors, today they lost all their capital as authorities did not do any effort to penalise the culprits. All cock talkers here, keep saying china shooting team and auditors.

If you read the 5 great collapse of china stocks, you will realise the danger of XDL, all show similar attributes - high cash, strong balance sheet and profitable, eventually 1-day collapsed as the account is FAKE.



https://www.theedgemarkets.com/article/multi-sports-be-delisted-jan-31...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h148283...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM
X
limhong http://www.bursamalaysia.com/market/listed-companies/company-announcem...

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer
19/06/2020 8:27 AM
X
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun...
19/06/2020 8:28 AM
X
limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz
19/06/2020 8:32 AM
X
limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.
05/08/2020 2:43

Trade at your own risk
- No audit report yet
- Always make profit and high cash same as the bankrupted MSports, Maxwell, China Stationery, XingQuan, but collapsed within 1 day?
- PPE? facility is not even ready.


28/07/2020 3:55 PM
X
limhong A lot of people lost money here but want other to join them in the game.
https://www.theedgemarkets.com/article/end-road-china-stationery


CHINA Stationery Ltd (CSL) appears to have reached the end of the road as a public-listed company after five years on Bursa Malaysia. Trading in the China-based stationery maker’s shares was suspended on Dec 5 after it failed to furnish the regulator with the results for its third quarter ended Sept 30 (3QFY2017) within the stipulated time.

On the day before its suspension, CSL closed at one sen.

Bursa is slated to commence the delisting process against CSL six months from Nov 30 if the company does not meet its directive to release its 3QFY2017 results by then.



27/07/2020 10:50 AM
X
limhong Those haven't buy XDL, please do read into KLSE forum for
1. Maxwell International Holdings
2. Xing Quan
3. Msport
4. China Stationery Limited
They share same characters as XDL
- High cash, high NTA, high profit
- never ever dare to use reputable auditors
- From Jinjiang China
- manufactured shoes
- all owned by China conmen
- all collapsed overnight due to FAKE AUDITED ACCOUNTS, XDL is the last not yet collapse

Warrant Buffet: the scariest investment is when you will lost all your capital. Think wisely, invest for your future and family but NOT GAMBLING. I have friends who are victim of Xingquan, Bursa just did not do anything to recover their money until today.


21/07/2020 12:26 PM
X
limhong This is a china stock, Bursa is very irresponsible did not claim back the money for a few collapsed China KLSE stocks in the past 5 years. See below.

I knew some of the investors, today they lost all their capital as authorities did not do any effort to penalise the culprits. All cock talkers here, keep saying china shooting team and auditors.

If you read the 5 great collapse of china stocks, you will realise the danger of XDL, all show similar attributes - high cash, strong balance sheet and profitable, eventually 1-day collapsed as the account is FAKE.



https://www.theedgemarkets.com/article/multi-sports-be-delisted-jan-31...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h148283...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM
X
limhong http://www.bursamalaysia.com/market/listed-companies/company-announcem...

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer
19/06/2020 8:27 AM
X
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun...
19/06/2020 8:28 AM
X
limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz
19/06/2020 8:32 AM
X
limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.
05/08/2020 2:43 PM

Take note of the risk.

28/07/2020 3:55 PM
X
limhong A lot of people lost money here but want other to join them in the game.
https://www.theedgemarkets.com/article/end-road-china-stationery


CHINA Stationery Ltd (CSL) appears to have reached the end of the road as a public-listed company after five years on Bursa Malaysia. Trading in the China-based stationery maker’s shares was suspended on Dec 5 after it failed to furnish the regulator with the results for its third quarter ended Sept 30 (3QFY2017) within the stipulated time.

On the day before its suspension, CSL closed at one sen.

Bursa is slated to commence the delisting process against CSL six months from Nov 30 if the company does not meet its directive to release its 3QFY2017 results by then.



27/07/2020 10:50 AM
X
limhong Those haven't buy XDL, please do read into KLSE forum for
1. Maxwell International Holdings
2. Xing Quan
3. Msport
4. China Stationery Limited
They share same characters as XDL
- High cash, high NTA, high profit
- never ever dare to use reputable auditors
- From Jinjiang China
- manufactured shoes
- all owned by China conmen
- all collapsed overnight due to FAKE AUDITED ACCOUNTS, XDL is the last not yet collapse

Warrant Buffet: the scariest investment is when you will lost all your capital. Think wisely, invest for your future and family but NOT GAMBLING. I have friends who are victim of Xingquan, Bursa just did not do anything to recover their money until today.


21/07/2020 12:26 PM
X
limhong This is a china stock, Bursa is very irresponsible did not claim back the money for a few collapsed China KLSE stocks in the past 5 years. See below.

I knew some of the investors, today they lost all their capital as authorities did not do any effort to penalise the culprits. All cock talkers here, keep saying china shooting team and auditors.

If you read the 5 great collapse of china stocks, you will realise the danger of XDL, all show similar attributes - high cash, strong balance sheet and profitable, eventually 1-day collapsed as the account is FAKE.



https://www.theedgemarkets.com/article/multi-sports-be-delisted-jan-31-unless-appeal-submitted
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h148283...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM
X
limhong http://www.bursamalaysia.com/market/listed-companies/company-announcem...

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer
19/06/2020 8:27 AM
X
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun...
19/06/2020 8:28 AM
X
limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz
19/06/2020 8:32 AM
X
limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.

https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h1482839952-The_Ugly_Mainland_Chinese_CSL_Xingquan_and_Maxwell.jsp

https://www.theedgemarkets.com/article/multi-sports-be-delisted-jan-31-unless-appeal-submitted

https://www.theedgemarkets.com/article/multi-sports-be-delisted-jan-31-unless-appeal-submitted

KUALA LUMPUR (Jan 20): China-based sports shoes manufacturer Multi Sports Holdings Ltd will be delisted from Bursa Malaysia next Friday (Jan 31), unless an appeal against the delisting is submitted to Bursa Malaysia on or before Wednesday (Jan 28).

This is because the stock exchange regulator has dismissed the Practice Note 17 (PN17) company’s application for more time to submit its regularisation plan, the deadline for which fell on Nov 13, 2019. This means Multi Sports has failed to comply with its obligation to submit its regularisation plan by the stipulated timeframe.

"In the event the company submits an appeal to Bursa Securities within the appeal timeframe, the removal of the securities of the company from the official list of Bursa Securities on Jan 31, 2020 shall be deferred, pending the decision on the company’s appeal," it said in a bourse filing today.

Sponsored Content

Signed, sealed, delivered with Securemetric
The Covid-19 lockdown measures enforced over the last few months have presented an unprecedented challenge for small businesses in Malaysia.

READ MORE
Should the delisting go ahead, Multi Sports will be the second stock to be taken out of Bursa Malaysia this month, after Perisai Petroleum Teknologi Bhd announced last Friday (Jan 17) that it would be delisted on Wednesday (Jan 22).

Multi Sports slipped into PN17 on Nov 13, 2017, after its external auditor Messrs RT LLP issued a disclaimer of opinion in respect of its Annual Report 2015. Among concerns highlighted by the auditor were its inability to obtain sufficient audit evidence with regards to Multi Sports' inventories, investment in subsidiaries, tax provisions, litigation and risk to fraud.

Last month, Bursa Malaysia publicly reprimanded Multi Sports for failing to issue its annual report for the financial year ended Dec 31, 2017 (AR 2017) on or before April 30, 2018. The AR 2017 was only issued on June 7, 2018, after a delay of 23 market days.

The company was also reprimanded for failing to announce its quarterly report for the financial period ended March 31, 2018 (1QFY18) on or before May 31, 2018. The 1QFY18 report was only announced on June 14, 2018, after a delay of 10 market days.

https://www.theedgemarkets.com/article/end-road-china-stationery

CHINA Stationery Ltd (CSL) appears to have reached the end of the road as a public-listed company after five years on Bursa Malaysia. Trading in the China-based stationery maker’s shares was suspended on Dec 5 after it failed to furnish the regulator with the results for its third quarter ended Sept 30 (3QFY2017) within the stipulated time.

On the day before its suspension, CSL closed at one sen.

Bursa is slated to commence the delisting process against CSL six months from Nov 30 if the company does not meet its directive to release its 3QFY2017 results by then.

[X] CLOSE
Advertisement

play_arrow

volume_off

fullscreen
From the looks of it, it is unlikely that CSL can meet the regulator’s deadline, given that the company’s last remaining director, Chan Fung @ Kwan Wing Yin, who is also the executive chairman and CEO, has been unreachable so far.

Before the company’s suspension on Dec 5, the investing community saw the resignation of its chief financial officer, Chin Siew Weng, along with five other directors, namely Risambessy Izaac, Herman Widjaja, Ang Wei Chuan, Lim Kim Huat and Chan Fung’s son, Angus Kwan Chun Jut.

All six resignations took place within two weeks in November with Angus being the first to announce his exit due to “other business commitments”.

CSL also has several litigation cases pending against some of its subsidiaries. However, the legitimacy of these cases cannot be confirmed by CSL. The cases were brought to light in August when the board was told that they were in relation to the CEO’s personal loans.

Unfortunately for the minority shareholders, who were unable to sell their shares in time, there is not much they can do except to file a complaint to the authorities and wait, says an observer who monitors corporate governance in Malaysia.

“Realistically, they should write down their investment to zero,” adds the observer.

He opines that the regulator should look into the role CSL’s directors played and whether they performed their fiduciary duties.

“The regulator has a tough job on its hands. The company is listed in Malaysia, incorporated in Bermuda, has operations and assets in China, auditors in Singapore, the two main shareholders are Hong Kong citizens and two of the (former) independent directors are Indonesians. The regulator should seek the cooperation of the Chinese and other foreign authorities,” he says.

The truth be told, troubles are not new to CSL. Just two months after its listing in 2012, the company raised eyebrows when it proposed a bonus issue of 596.3 million free warrants to shareholders on the basis of one free warrant for two existing shares held.

It did not embark on any fundraising at the time or seem to have a need for cash through the exercise of warrants, given its huge cash pile of more than RM1 billion.

If exercised, the warrants would have raised RM665 million at a conversion price of RM1.10 each. However, given the low share price, the conversion did not materialise.

Less than a year into its listing in February 2012, the company started to show signs that triggered the suspicions of investors — its major shareholder, Lead Champion Ltd, led by Chan, started to aggressively pare down its stake in CSL.

Since its initial public offering, Lead Champion’s stake has been trimmed from 74.88% to a mere 12.17%, which is equivalent to 150 million shares, based on its most recent filing with Bursa on June 20.

Perhaps what were most questionable were its financial statements, which consistently showed a cash balance of over RM1 billion. But it only rewarded shareholders with dividends of 1.8 sen and 1.6 sen per share in FY2012 and FY2013 respectively.

“Although the last published accounts of CSL — both the audited year report and the unaudited quarterly numbers — did show a huge cash balance, it would be naïve to assume that the money really existed, given what has happened recently. Companies with more than RM1 billion cash simply do not behave this way,” says the observer.

He adds that companies with huge cash piles typically reward shareholders with regular dividends or initiate a share buyback programme, have a decent amount of interest income relative to cash holdings and would not raise more cash through rights issues or private placements.

Based on its financial statements for the second quarter ended June 30, 2017, the company recorded a cash and bank balance of RM1.19 billion and no bank borrowings.

In its 2QFY2017 financial statement, CSL shows an 8.4% year-on-year rise in revenue to RM78.29 million. However, it reversed into a net loss of RM7.32 million from a net profit of RM7.91 million before.

Interestingly, the cost of sales for CSL shot up to 70.8% of revenue compared with 51.5% a year ago. It is also worth noting that its selling and distribution expense of RM40.31 million accounted for 51% of revenue.

In the grand scheme of things, it is worth highlighting that CSL is not the only China-based listed company in Malaysia that

https://www.thestar.com.my/business/2020/03/17/multi-sports-director-resigns

A lot of people lost money here but want other to join them in the game.
https://www.theedgemarkets.com/article/end-road-china-stationery


CHINA Stationery Ltd (CSL) appears to have reached the end of the road as a public-listed company after five years on Bursa Malaysia. Trading in the China-based stationery maker’s shares was suspended on Dec 5 after it failed to furnish the regulator with the results for its third quarter ended Sept 30 (3QFY2017) within the stipulated time.

On the day before its suspension, CSL closed at one sen.

Bursa is slated to commence the delisting process against CSL six months from Nov 30 if the company does not meet its directive to release its 3QFY2017 results by then.



27/07/2020 10:50 AM
X
limhong Those haven't buy XDL, please do read into KLSE forum for
1. Maxwell International Holdings
2. Xing Quan
3. Msport
4. China Stationery Limited
They share same characters as XDL
- High cash, high NTA, high profit
- never ever dare to use reputable auditors
- From Jinjiang China
- manufactured shoes
- all owned by China conmen
- all collapsed overnight due to FAKE AUDITED ACCOUNTS, XDL is the last not yet collapse

Warrant Buffet: the scariest investment is when you will lost all your capital. Think wisely, invest for your future and family but NOT GAMBLING.

I have friends who are victim of Xingquan, Bursa just did not do anything to recover their money until today.




21/07/2020 12:26 PM
X
limhong This is a china stock, Bursa is very irresponsible did not claim back the money for a few collapsed China KLSE stocks in the past 5 years. See below.

I knew some of the investors, today they lost all their capital as authorities did not do any effort to penalise the culprits. All cock talkers here, keep saying china shooting team and auditors.

If you read the 5 great collapse of china stocks, you will realise the danger of XDL, all show similar attributes - high cash, strong balance sheet and profitable, eventually 1-day collapsed as the account is FAKE.



https://klse.i3investor.com/m/stock/overview/5155.jsp
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h148283...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM
X
limhong http://www.bursamalaysia.com/market/listed-companies/company-announcem...

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer
19/06/2020 8:27 AM
X
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun...
19/06/2020 8:28 AM
X
limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz
19/06/2020 8:32 AM
X
limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.
19/06/2020 8:33 AM

Those haven't buy XDL, please do read into KLSE forum for
1. Maxwell International Holdings
2. Xing Quan
3. Msport
4. China Stationery Limited
They share same characters as XDL
- High cash, high NTA, high profit
- never ever dare to use reputable auditors
- From Jinjiang China
- manufactured shoes
- all owned by China conmen
- all collapsed overnight due to FAKE AUDITED ACCOUNTS, XDL is the last not yet collapse

Warrant Buffet: the scariest investment is when you will lost all your capital. Think wisely, invest for your future and family but NOT GAMBLING.

I have friends who are victim of Xingquan, Bursa just did not do anything to recover their money until today.




21/07/2020 12:26 PM
X
limhong This is a china stock, Bursa is very irresponsible did not claim back the money for a few collapsed China KLSE stocks in the past 5 years. See below.

I knew some of the investors, today they lost all their capital as authorities did not do any effort to penalise the culprits. All cock talkers here, keep saying china shooting team and auditors.

If you read the 5 great collapse of china stocks, you will realise the danger of XDL, all show similar attributes - high cash, strong balance sheet and profitable, eventually 1-day collapsed as the account is FAKE.



https://klse.i3investor.com/m/stock/overview/5155.jsp
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h148283...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM
X
limhong http://www.bursamalaysia.com/market/listed-companies/company-announcem...

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer
19/06/2020 8:27 AM
X
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun...
19/06/2020 8:28 AM
X
limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz
19/06/2020 8:32 AM
X
limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.
19/06/2020 8:33 AM
21/07/2020 12:40 PM

This is a china stock, Bursa is very irresponsible did not claim back the money for a few collapsed China KLSE stocks in the past 5 years. See below.

I knew some of the investors, today they lost all their capital as authorities did not do any effort to penalise the culprits. All cock talkers here, keep saying china shooting team and auditors.

If you read the 5 great collapse of china stocks, you will realise the danger of XDL, all show similar attributes - high cash, strong balance sheet and profitable, eventually 1-day collapsed as the account is FAKE.



https://klse.i3investor.com/m/stock/overview/5155.jsp
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h148283...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM
X
limhong http://www.bursamalaysia.com/market/listed-companies/company-announcem...

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer
19/06/2020 8:27 AM
X
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun...
19/06/2020 8:28 AM
X
limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz
19/06/2020 8:32 AM
X
limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.
19/06/2020 8:33 AM

It is safer to wait for audit report out first

The audited report is not yet out after 7.5 months, do take note that Msport, Maxwell, China Stationery and XingQuan was super cash rich, high profits and high balance sheet before they collapse within 1 week. Please go to KLSE forum for these stocks, they are all from SAME CHINA PROVINCE - JINJIANG. They are all doing the same shoes business in the past.

limhong https://klse.i3investor.com/m/stock/overview/5155.jsp
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h148283...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM
X
limhong http://www.bursamalaysia.com/market/listed-companies/company-announcem...

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer
19/06/2020 8:27 AM
X
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun...
19/06/2020 8:28 AM
X
limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz
19/06/2020 8:32 AM
X
limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.
19/06/2020 8:33 AM

Take precautions if you are taking long term bet, this counter is one of the china counter doing SAME BIZ as sudden bankruptcy of CHINA STATIONERY LIMITED, MAXWELL INTERNATIONAL HOLDINGS AND MSPORTS

X
limhong https://klse.i3investor.com/m/stock/overview/5155.jsp
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h1482839952-The_Ugly_Mainland_Chinese_CSL_Xingquan_and_Maxwell.jsp
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM
X
limhong http://www.bursamalaysia.com/market/listed-companies/company-announcements/5082149

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer
19/06/2020 8:27 AM
X
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-found-giving-false-financial-statements-bursa
19/06/2020 8:28 AM

XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.

The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz

https://www.theedgemarkets.com/article/three-chinabased-companies-found-giving-false-financial-statements-bursa

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5082149

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer

https://klse.i3investor.com/m/stock/overview/5189.jsp

https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h1482839952-The_Ugly_Mainland_Chinese_CSL_Xingquan_and_Maxwell.jsp

https://klse.i3investor.com/m/stock/overview/5155.jsp

https://m.1688.com/store/D6D1C6AAB452D41A8B0300564829F666.html

https://klse.i3investor.com/m/blog/nanyang_warrants/2019-11-04-story233460.jsp

Try to google search and Google map to find their outlet in China. They do own shops and factories in China for years. Although they do not have any outlet in Malaysia but they are quite a prominent shoes maker in China (I'm quite surprised). People are worried for China fake accounts, but they have been established for quite a long time (ie more than 10 year) with high profits

The concern is their brand not strong in Malaysia so investors have no faith on what they do not see, and also profits seem growing slowly.

Overall this penny stock is strong financially with good cash flow, so not so worry on loss of entire investment (unlike O&G companies often go burst). XDL is unlikely to go burst, the only thing is the timing to build confidence and diversity their businesses (just like producing masks).

Omg there is someone here so worried my comments will enlighten youngsters about the truth about the shares. Come on la, my fair comments are based on audited reports and quarterly results. I'm going to avoid personal attack because I'm a head of finance and a professional.

I am going to comment to protect forumers being burnt. I earn nothing by advising youngsters to buy blue chips. Had I wanted to buy this share again, I wouldn't have tell the truth so I can buy and sell continuously by having high volume. If low volume, why should I buy. No sense of logic at all.

Only those goreng masters will con here by saying record high post paid subscriptions or whatever, saying as if he himself working as XOX finance personnel. Anyway by exposing insider information, it is a criminal charge, and your IP address can be tracked by mcmc. Con men wont be so silly to expose info publicly. These are the works of goreng masters by spreading unverified information to mislead other, for their selfish intent.

I would like those dont know much about this XOX share to read my comments posted on 17 May 2020. Go to download XOX annual reports, quarterly results and see the share price trend over past years (decreasing price and see any huge profit), as well as compare this Company's Fixed Assets against maxis digi Celcom. This Company is the only telco needs to use other Telco towers.

When you buy Company shares, you buy your share of Company's business and of course profit, in this case buy future earnings (profits) and prospect (turn profitable and expand). If institutional investors (where they have so many analysts, big shots, govt link and insider info) dont even want to buy into the Company until today, what made us think this Company gonna grow big? If record high postpaid, you can already see big volume since March MCO begins.

TRADE AT YOUR OWN RISK.
1. Read my suggestions above and do homework by reading AUDITED ANNUAL REPORT (even Warren buffet read countless of annual reports daily).
2. Becareful of unverified source of info in forum. If you have a lot of money and not sure what to do, buy blue chips which can give you a lot of dividends and capital appreciation, you will see blue chips or potential companies are owned by institutional investors (see AUDITED ANNUAL REPORT last few pages), you can see the main shareholders. You will not see any institutional investors (other than a continuously loss making listed Company Kgroup) in the list of major shareholders of XOX.

Night all :)

With this, dont listen to the nonsense in this forum, those goreng masters will post unverified sources and information here to heat up the volume, they will be the first time to run at high price. The naive people who do not read annual reports and evaluate logically will be caught to hold this share over many years. I get caught before in 2017, now I earned back last week, I hope to share my lesson here since I escapes the horror. It was so painful to see your cash stuck here for many years, you could have hold better bluechip shares especially now is best time to buy blue chips.

The number of post paid subscriptions do not change anything, people can terminate, this is why this share has high bad debts (see their audited annual report). Also their prepaid card is earning RM50 for 24 months without the need to reload, do you really think RM50 can cover the costs ie RM2 monthly maintenance cost especially a company paying to use telco towers of others? This is why the Company is growing revenue but hardly get profit over the years. They cannot retain their customers because a good telco would have set up basic infrastructure for long term profit generation.

This message is for youngsters and less experienced people to take note.

This stock is good for MCO period only because people tend to use cheaper data. Once MCO is over, it is gone, the line coverage cannot compete with established telco Maxis Digi Celcom.

In term of pricing, they charged super cheap pricing to get market share, this will get revenue but hurt the profit. Also they are the only telco depending on telco towers of competitors, so its costs are variable depending on volume, ie not fixed costs.

With this kind of profit, it is not attractive for institutional investors to buy in. If you look at the annual report or existing shareholders, no big funds or epf equivalents will buy into this Company.

Again, this is penny stock, used for goreng purpose. Whoever holds the last high prices will be the villain. I knew a lot of retail shareholders stuck in this share for many years already. This includes I myself during my naive younger days. Although I bought during March 2020 at 0.15, I sold at 0.60 last week. It will crash again, then people will goreng, the cycle will keep recur.

The best benchmarks of a good quality and bright prospect share is easily identifiable such as big funds buy into it, profitable at least 10% profit margin (this share generates 400M revenue but cannot get 5M), high internally generated cash, established shareholders management (Kgroup is the biggest shareholders, albeit Kgroup itself is loss making few years and penny stock), and lastly the volume (It is so obvious the buy and sell volumes match one another last week lol!!), I really hope the last persons bought at 0.06 dont have hold their cash for years here, better to invest the cash elsewhere and come back once the Company is more stable (now is still at preliminary growth start up stage).

Financial results turn bad for Q1, same like Amazon, appears to have high sales but not reflected in financial numbers. After covid19, it will get worse because people will no longer use XOX cheap, back to normal lines like maxis digi celcom.

Advisable for you guys to run before it is too late, no institutional investors will buy this stock, it shows everything and it rely on the telco towers of others, it cannot have fixed costs.

Dont get conned by these nonsense forum, they ask us to push, eventually they run themselves, we end up the victim holding it at high price.