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4 comment(s). Last comment by AyamTua 2015-07-14 20:49
Posted by Ezra > 2015-07-14 00:42 | Report Abuse
The following is an article entitled "Xinghe: it's time we learnt the facts and broke the 'China' myth bubble" at http://klse.i3investor.com/blogs/princeanpauperstocks/79830.jsp which I wrote in response to comments made by Icon8888 last 6 July 2015. Let's hope readers will be persuaded by published facts and merits rather than speculate on the credibility of a stock just because of its national origin. Xinghe maybe Chinese but it stands in a league of its own.
Posted by AyamTua > 2015-07-14 20:49 | Report Abuse
hidup Ezra!!! must support Ezra!!! kikiiiikiiiii
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The Alpha Trader
KINERGY ADVANCEMENT BERHAD) (0193) - A CAPITULATION TRADE SETUP
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Icon8888
18,658 posts
Posted by Icon8888 > 2015-07-06 09:40 | Report Abuse
I suggest lets not get ourselves confused by all these discussions about apple and bershire. Let me highlight one major point about Xinghe - their profit margin is too high. China is very competitive, nobody can have that kind of margin, unless it is owned by Xi Jinping
I used to ask a seasoned investor why he avoid china PLC listed on bursa, he said in a place where the bank account shows RM1 billion cash and later turn out to be faked, what else can you trust ?
xinghe has market cap of RM60 mil, it has net cash of RM200 mil.
The owner will let the company remain listed and not take it private ?
In real life situation, a company with market cap of RM60 mil and cash of RM60 mil, the owner would have taken it private already
RM210 mil cash sitting there and yet do nothing ?