Today I go and sell my blue chips to join this 4.5sen madness. WTF, today is Friday... damm. I hate announcement over weekends.

At 4.5sen what kind of result also I think wont do more anymore damage. I just hope those chinaman make some good announcement, sure limit up. Damm Chinaman, just go and announce 1 sen dividend, guaranteed limit up.

its a gamble. Just like gentings, if I lose all gone. This is a very big gamble but to me, the odds of winning is very high. If I lose. I will be broke. Coffin money also go inside already

I still think it is bank force selling for some bankrupt trader, when bank do force selling, they don't care what price. I think 4.5 sen is bottom already, just see how aggressive buying was when it hit 4.5sen.

too bad I do not have RM1 million

arghh do or die... I am all out

going mad now at 4.5sen

u guys want to panic, go ahead, u guys want to cut loss go ahead, u want to avoid also go ahead. I do not believe I will make loss if I just hold on to it. Don't know which idiot kept on selling and make MSPORTS kept on dropping. if you do not have intention to hold MSPORTS please don't buy it, you are just making it worse by cutting loss.

taijackong, its really a crazy sales. MSPORTS still have RM370 million cash on hand with a tiny debt. And yet people go and dump MSPORTS shares until it is worth only RM26 million. IF take into accounts all the other assets, we are paying RM26 million for something that is worth at least RM500 million.

First time in my life I owned few million units of shares of a company a listed company, best of all, I spend less than 300K for them.

I think I make a mistake making so many prediction, a lot of contra players fell for it hoping for quick gain and end up cut loss and force sell. These contra players don't understand that insiders will take advantage of them if they continue to cut loss like that. If you intend to play contra with MSPORTS, its not time yet. Contra players need to chase shares up when shares go up, not when it is going down and when insiders accumulate. Contra players needs to buy at higher price, not at low price like this.

if company go private, get the offer money. For example, If they offer to take MSPORTS private at 50sen, means they will give u cash 50sen for each of your share. Normally when such announcement is made, share price will go up to very near 50sen or above it.

a lot of contra players bought few days ago cant hold, no choice but to cut loss and dump. Only to benefit insiders. If you are contra player, please stay out of MSPORTS... you are only helping those Chinaman to accumulate cheaper and cheaper.

Seriously I don't see anything wrong with MSPORTS, China in fact is the safest place to invest, soon world largest economy, massive reserves ( unlike USA, massive debts ). China just pumped in few trillion yuan into their financial system. Now everyone can buy shoes for Chinease New Year.

Too bad I got no more money to buy MSPORTS. I am all in, just wait for rewards.

show looks like Li Houzhi is going to take MSPORTS private soon. Normally offer will be around the NTA, even of he offers 50% from NTA, still can get around 50sen / share, wow.. almost 10 times of the current price 5.5 sen.

ivan, at this kind of price... how can I resist. I don't see any major problem with MSPORTS business for now.

ivan9511, this is exactly why MSPORTS drop so much, everyone wants to buy high, then sell low. If you can hold, just hold on to it. 7sen is dam blardy cheap already for this counter. This counter can easily go above 30sen if the market mood is good. IF cos if you want to take profit earlier, by all means take profit but surely no reason to cut loss.

Today MSPORTS seems to be reversing, moving up soon.

Chinese New Year is just 3 weeks away, I am very confident that Li HouZhi will do something about MSPORTS share price. If this is not bank force selling, then MSPORTS share price must have been pressed down for a big CNY "goreng"

until now 11am, still zero vol. Lets hope Li HouZhi will do something about this drop before the Chinese New Year. I am sure he don't want to celebrate Chinese New Year with MSPORTS in this state.

BIG CROC or Permanis or Li HouZhi or Bank Force Sell... at 5.5sen, there are money to be made from MSPORTS. Just matter of time. It cant fall forever, sooner or later someone has to make profit out of it.

Your example Ekran, shows that local company can also go bust, not just China based.

Besides that point, when Ekran was 0.5sen, it was full of debts, cash strapped, project stalled and in deep troubles, people dump Ekran shares because investors know Ekran is in burried deep in a mountain of troubles.

BUT MSPORTS is totally different, it has very small debts, massive amount of cash, shoe business is still very still strong. MSPORTS drops to 5.5sen because of some bank force sell some bankrupt traders MSPORTS shares at super cheap price, nothing to do with MSPORTS financial or business performance.

IF you don't invest in MSPORTS today at 5.5sen, with opportunity as good as this right in front of your face, just what are you doing in KLSE ?

Firstly, you must know why MSPORTS drops 90%. This drop is not caused by bad performance in Business or its financial conditions, this drop of share price are mainly caused by investor dumping shares. MSPORTS as a company is still perfectly healthy and financially very strong.

Forget the past of how much it has already dropped, we are talking about entering now at 5.5sen... what is the chances for it to drop lower than 5.5sen and what are the chances if it go up higher than 5.5sen ? This I see is an opportunity of a life-time, especially when bank force sale.

Quek Leng Chan dispose MSPORTS shares does not automatically means MSPORTS is doomed, Robert Kuok dispose all his shares in MSM Berhad, does not mean MSM is going bust, MSM Berhad is still going strong .

Quek Leng Chan does not want to own MSPORTS shares, it is his choice to sell it at a loss back then, he lose money. BUT now at 5.5sen, I am confident I will be able to make good money out of it, meaning I am making a better investment vs Quek Leng Chan investment in MSPORTS.

ks55, yes something is very wrong with MSPORTS share price, grossly undervalued, it should not be at this kind of price. It share price is not normal.

MSPORTS as a company wise, it is normal, nothing is wrong with it. MSPORTS has been growing consistently, behave consistently in-line with the China economy... during good times, make a lot of money, during bad times not doing very well, everything is behaving normal in MSPORTS.

China economy may be slowing down, I believe it is just temporary. MSPORTS still have RM370 million cash on hand to ride out of this slowdown.

With people every day talk negative and simply sell and cut loss, surely any counter will also fall. If you want to complain dividend, so many counters in KLSE that has never given any dividend and financially worse off since listing also don't get so much negative talk.

Lets hope people come to their senses before selling more MSPORTS. Hopefully LiHouzhi just take MSPORTS private, solve it once and for all.

I dont see anything wrong in conserving money and not keeping huge inventory. This is how china company operates. They don't pay dividend lately because they know China economy is slowing down, which is true. Means their foresight is very good. They are just being careful with the company money. MSPORTS was just starting off the Evidoma business, they will need a lot of cash to build that business or they might be conserving money for M&A activities when opportunities come.

If you are worried about con-man, it will be same for every single company in KLSE, every company shares the same risk, not just China based companies. Having the same kind of risk with every KLSE shares, MSPORTS offers a huge discount, the most undervalued counter in KLSE, chances of winning big is far more greater than risk posed.

It is very obvious the selling is some kind of bank force selling type of behaviour. Some stock trader must have gone bankrupt and bank force sell all his shares, which unfortunately he holds a lot of MSPORTS shares. Once force selling is done, I think MSPORTS will move back up again.

There are no reason for delisting, MSPORTS is still very strong with plenty of Cash.The fact that MSPORTS listing in Taiwan is not dropping, we should not be too worried.Taiwan island is just across the China mainland where MSPORTS factory is located. If something is wrong with MSPORTS factory, I am sure the Taiwanese would have noticed it first and dump first.

Looks very obvious to me someone playing share market goes broke and bank force sell all his shares, including MSPORTS.

last time MSPORTS was much smaller during listing, 80sen+... now bigger and stronger, only 5.5 sen.

Most likely that bank client already bankrupt, so bank has to force sell everything that clients owns, including all his MSPORTS shares. Have to sit tight and wait for sales to complete. Once done, MSPORTS should easily go up.

u guys are real lucky that are able to buy at such a cheap price, too bad I bought much earlier at higher price. Anyway, today I dump my other shares and buy MSPORTS at 5.5sen, any rise in 1 sen is 20% profit :) Most likely this fall is caused by some players no money, bank force sell at cheap price, too bad for him. one man pain is another man gain.

I wonder what are people thinking, now Jakarta got bombed, China is still the safest place to invest.

kimsiat, MSPORTS has RM370 million cash and almost zero debts, can last for a long long time even though sales is slow. Oil price went down a lot, means raw material for shoe sole has become cheaper.

for those who wants to know about MSPORTS listing in Taiwan, here is the link http://www.mzcan.com/taiwan/911626/irwebsite/index.php?mod=advfaq

WTF, last minute pressed down to 5,5 sen

even the most obvious con CSL also can recover to 13sen from 6.5sen, I don't see why MSPORTS cannot recover

damm.. I hate this poker game.

make local players dump then give MGO, take private and move to Taiwan ?

Play00, MSPORTS in Taiwan and Malaysia is the same company. If there is something wrong with MSPORTS in China, surely those Taiwanese will notice it first, Fujian is mainland just across Taiwan. Very easy for them to monitor the situation in Fujian. What I cant understand is who is dumping the shares so violently. If want to exit, surely will push up before dumping to get more money but this fellow is trying hard to get less money by pressing it down. It is very easy to make the share to go up, if Li Houzhi really wants to exit, simply announce some good news like dividend, merger, etc.. MSPORTS will surely fly...he can easily dump and exit at higher price and easily cover the cost of dividends or other cost. This movement is really puzzling me.

Hopefully Li Houzhi will do something to the share price before Chinese New Year because as Chinese I am sure he will not want to be cursed during Chinese New Year.

damm, cant understand it is still dropping. Play00, this company has very little debt, cash on hand alone is more than RM370 million. Net Cash on hand after minus all the debts, easily more than 60sen per share. e have not even talk about the factories, inventories and debtors. I cant understand why people throw shares at 6sen. Unless something is very wrong with MSPORTS, if something is very wrong with MSPORTS, Why Taiwan MSPORTS is not dropping ? I am taking a bet that this drop is done on purpose to make people panic sell.

rockycleft, it does not matter whether there are thousand or similar million drink makers in China, if announcement of merger is made, MSPORTS is sure to fly. Investors love this kind of news.

Li Houzhi and his friends must be very happy to be able to buy so many MSPORTS as cheap as 6.5sen. Pay 6.5sen for something worth RM1... where to get ?

rockycleft, china population is huge, permanis is not just kick-a-poo, it also have Pepsi, 7up, Revive and many other non carbonated drinks like Good day mlik, Bleu water and many other popular consumer drink products.Cash pile is better than none, same goes to most companies in KLSE, whether shareholder gets reward or not depends on the controlling shareholder. You are right, Mr Li can choose to keep the share price low or make it go high, Nobody like to be cursed day and night ( if MSPORTS continue to stay at such a low price ), I am sure Mr Li will do something sooner or later to make MSPORTS go up because I am sure apart from us in Malaysia, some of his friends and relatives also hold a lot of MSPORTS shares.

another wild guess, it could be koon koon dumping, I remember he was still very sore over his investment in XINQUAN

msports, yes I am still holding. I am not sure why MSPORTS in KLSE keep on dropping. Li Houzhi buy from ESOS for 11sen, he lost almost 40% of his investment in just 1 month. If we look at Taiwan MSPORTS listing, http://quotes.wsj.com/TW/XTAI/911626/financials , not much drop there for the past 1 month. Taiwan is very near to the Fujian where MSPORTS factory is located, so if not much drop in Taiwan.. meaning nothing serious happening. Maybe someone is trying to scare small players off MSPORTS before some good news being announced. This kind of movement has happen many times before in KLSE, share get serious beating, then suddenly blast off.

I am not taking a risk by staying out of MSPORTS, if suddenly someone go and write an article about MSPORTS selling products like kick-a-poo or pepsi... what do u think will happen to MSPORTS share price ?

I dont think Lin HouZhi is giving up MSPORTS, what I see is MSPORTS diversify into drinks business. MSPORTS is still cash rich ( very very rich ) has been trying to diversify for some time already ( tried fashion apperals "Evidoma brand", but not doing well ). With Permanis CEO taking stake in MSPORTS, there must be some private talk between them. It is win-win situation if both Permanis and MSPORTS work together. MSPORTS have the market network, Permanis has the products.

this counter is not fun to hold, still stuck below 10sen, however on the bright side seller queue seems to be reducing. Hopefully there will be no more desperate sellers soon and MSPORTS can gradually go up while waiting for big news. Apart of fraud fear, MSPORTS at 8 sen vs NTA RM1+ represents a massive discount vs NTA, in fact the biggest in the history of KLSE. If Permanis CEO dare to buy, why should we be afraid. These people surely has already done their investigation before buying in big quantity.

Like it or not, MSPORTS represents a huge potential in capital gain since it is currently grossly undervalued. I try not to post too many message on MSPORTS as it might be seen as excessive promotion. So, just keep a close eye on MSPORTS.

ks55, any company in KLSE if want to manipulate account can be done. So, risk is same whether local or china company.

It is normal for China company to move their stocks very fast, their market is huge.

Why keep so much cash ? If you look at their bank borrowings, it is also very low,meaning they do most of stuff in cash, therefore they need a lot of cash on hand. To me it looks perfectly normal for a company operating in China market.

I am not waiting for free warrants, I am waiting for Permanis to merge with MSPORTS, I am making this merger prediction based on the actions of both Erwin ( CEO of Permanis ) and Li Houzhi of MSPORTS and also based on the business expansion aspect of both company.

He is not stupid to buy at 11sen, the only reason why he bought at 11sen via ESOS is because he is not allowed to buy from open market 8.5sen.

Why is he not allowed to buy from open market ? Because it is an offence for insider trading if there is an M&A within 6 month. That is why he suddenly invented ESOS for MSPORTS. Whatever is coming must be so good that he is wiling to pay 11sen vs market price of 8.5sen.

Then why is MSPORTS stucked at 8.5sen ? reason is simple, there are still relatives and friends of MSPORTS insider collecting, they collect quietly, simply just let weak holders throw and they get cheap shares.

How long more have to wait before M&A announcement ? It wont be very long, judging from the time Erwin stop buying, it should be less than 4 month from now.

Until today there are only 2 major players buying MSPORTS in big vol,Erwin and Lin HuoZhi. One fellow from Permanis another from MSPORTS. Looks like something is going on between them. Why ? MSPORTS shoe are having a hard time and may need to expand other business ( tried fashion clothings, but not doing well, so need something else ), Permanis needs to expand their market, malaysian market size is limited, not much room to grow however MSPORTS is ready with a huge china market network for Permanis to expand.

MSPORTS gets the lucarative drinks business while Permanis gets the huge china market network. A perfect M&A.

johnmaster told everyone he bought all his shares via proxies, then lately he run out of proxy accounts, he uses his own account to buy since he says he was still accumulating.

don't put too much hope in it, I heard "cold eye" is actually johnmaster from the other forum, holding to GSB for 5 years and still stucked.

actually only their new business unit making loss, all their core business units are making profit. you can cry die when suddenly MSPORTS turn around and shoots up and you still did not buy at 8.5sen