Xaivier, I did the same thing by selling CSL shares last Friday , incurring a loss of RM 6k. No point holding when father and son of this company are selling their shares......another lesson to learn , do not touch these Chinese stocks!
Nothing is certain in the stock market. Maybe, the CEO of CSL is purposely pushing the stock down so that he can collect them for a song. Watch this fat tycoon carefully. He is not simple.
Who audit China stocks book? Malaysian or China auditors? The money use to pay dividend come from where? If you want more dividend then you should take over the company or if you know Malaysian very rich people ask them to take over the company and give the rest of shareholders more dividend as most of the companies are cash rich. XDL, Msports, Maxwell, CSL, HB Global, Xingquan, KStar and CN Ouhua has given dividend before only people complain dividend not enough.
Thats y even their pe is very low but no body interested on them (China stock) in Malaysia. they should ask them self y we(Malaysia investors) ignore their company. .
Bcz they did so many fraud alredy.. In us, in Singapore, now they did the same thing in Malaysia. .. financial report for them is nothing.. they can simply "create" it.. i will ignore china stock..
Agree....i sold all my china stock also. why the management think about themselves only? never trust those china stock.. . never want to share the cash with investors...no shareholders interest....thanks for the articles.
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Posted by surety > 2013-08-24 10:47 | Report Abuse
Xaivier, I did the same thing by selling CSL shares last Friday , incurring a loss of RM 6k. No point holding when father
and son of this company are selling their shares......another lesson to learn , do not touch these Chinese stocks!