I like this type of report where actual site visit is done.. By right all the blog writer shld do this instead of relying on their imagination.. They shld conduct side visit and talk to people - then they will know true story of what this company is all about
This company balance sheet claim its has RM 800millions cash in hand ! KYY said his got relative who is auditor has audit it as well. But use your brain to think, if you have cash RM 800 millions, would you just make a right issue call for asking 50 millions only??!!
leadership, in the first place, xinquan already doing outsource of Gertop contract to other manufacturers (which now consist of >80% of Xinquan's revenue), why would it needs such a factory? The simple answer is : inflated PPE value to give you the pristine balance sheet !
Rm3 cash in hand ?! Hahaha....very very funny...800 million cash in hand , but ask right issue call for 50 million, does it make sense ? Photoshop all fake, website fake, asking u money for donation is real !
it's difficult to comprehend why the company with so much cash would want shareholders to take out more money to support the company's expansion? the rights issue does not equate well with shareholders. puzzling indeed???
What I am trying to say is why Robertl did not do a write based on pictures of the new factory located at Huian but insteadd do a write up based on pictures of the old factory located at JIngiang.Isn't he try to fool us.
Why did you also not ask the same questions for photos taken by Robertl. I am just trying to point out that Robertl should be visiting and writing about the Huian factory rather than the Jinjiang factory.
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....