Posted by davidkkw79 > 2016-01-04 00:19 | Report Abuse

Bursa boleh ! Auditor boleh !! This is the legal system that our Malaysia stock master khoo believe !

Posted by zulmuiz > 2016-01-04 00:30 | Report Abuse

disaster coming OMG

Posted by kancs3118 > 2016-01-04 00:31 | Report Abuse

shit - this is really sad...whoever buy this company...really jialak~!!!!!

Posted by Tom > 2016-01-04 00:37 | Report Abuse

xD wa ka ka

Posted by vinext > 2016-01-04 05:43 | Report Abuse

KKY bought alot

Posted by Desa20201956 > 2016-01-04 07:14 | Report Abuse

Woah, this is better than CSI

Posted by Nihar Mynihar > 2016-01-04 08:48 | Report Abuse

Company dari Negara china memang banyak masalah.. sebab tu di malaysia jer boleh listed.. company yang bagus dari US ker takder pulak yang listed di malaysia... emmmm ada hidu sesuatu ni...

Posted by shareking1 > 2016-01-04 08:49 | Report Abuse

Homemade shoe 手工鞋

Posted by davidkkw79 > 2016-01-04 09:17 | Report Abuse

This is the master all foolera believe in....

Posted by goreng_goreng > 2016-01-04 09:19 | Report Abuse

best gossip 2016!! well done

Posted by kingcobra > 2016-01-04 09:23 | Report Abuse

yak

Posted by lextcs > 2016-01-04 09:51 | Report Abuse

uncle koon is dead quiet now

Posted by VIWizard > 2016-01-04 10:26 | Report Abuse

hahahah

Posted by murali > 2016-01-04 10:27 | Report Abuse

So many fellow came out now to add salt into the wounds

Posted by Choon Soo Tan > 2016-01-04 10:32 | Report Abuse

SC should invetigate into this now

Posted by ljmeng > 2016-01-04 10:34 | Report Abuse

Robertl, good job!

Posted by goreng_goreng > 2016-01-04 10:36 | Report Abuse

pls dont laugh about this for other people loss. this could happen to you or if not to your son or grandson in the future.Remember karma is a bitch.

Posted by iwant2bmillionaire > 2016-01-04 11:10 | Report Abuse

Thanks for the great write up Robertl. I'm very new to equity market and i never ever once though this could be happening. How could they cheat the hard earned money especially majority ikan bilis like me. Hopefully the authority will do something about it.

Posted by tpchit > 2016-01-04 11:17 | Report Abuse

1. shud check the annual report to verify the number of factories they have

2. investigator shud go to HR to seek employment and ask questions there, more accurate inside info. say lar, u have 100 general workers doesn't mind low pay job, see what they have to say and bla bla bla.....

Posted by Davidcon > 2016-01-04 11:18 | Report Abuse

Great pictures but wrong description lah.. (picture 1 + 2) 540pm and 6pm already dark lah.. use iPhone and check quanzhou weather... 5pm already getting dark lah, your picture is daytime.. con also con properly lah, if not, nobody believe this article.. Picture 3.. shoe sole glueing is by hand lah.. ini macam u also dun know.. hai seh

Posted by Davidcon > 2016-01-04 11:19 | Report Abuse

by the way, u which kem ah? Con Con from China, Koon Koon from Ipoh?

Posted by Davidcon > 2016-01-04 11:22 | Report Abuse

Why suddenly so many blog coming up on this stupid counter over this few days... this counter so pariah still got so many followers!! either u people r dumb and retarded!! or trying to ask people to sell their shares so that you can buy cheap... for what!!!

Posted by SO Tan > 2016-01-04 11:30 | Report Abuse

Who is robertl ?

Posted by WINNING > 2016-01-04 11:41 | Report Abuse

told your guy china stock conman .

Posted by valueinvestor > 2016-01-04 11:52 | Report Abuse

Not a complete picture on XinQuan's operations. Shoe Soles and Leisure Footwear segment which comprised around 67% of its turnover in FY2010 have been reduced to 44% of its FY2015 turnover. Apparels and Accessories have increased its share of turnover from 33% in FY2010 to 56% in FY2015. Almost all of its Apparels and Accessories are outsourced to OEM manufacturers. Profit margin is about 35%. (Source: audited accounts for FY2010 & 2015) XinQuan are doing less in-house manufacturing today compared to 5 years ago.

Posted by crocodile1980 > 2016-01-04 11:54 | Report Abuse

did Robert mention the photo just been shot? It could be in summer time. 6pm is reasonable. Without perception makes you see thing clearly.

Posted by i4investor > 2016-01-04 11:56 | Report Abuse

wah...ur analysis really bottom up...KENG!

Posted by murali > 2016-01-04 12:21 | Report Abuse

Profit margin is about 35%??

Geng.......

Posted by saltedfish > 2016-01-04 13:30 | Report Abuse

Profit margins and lnventory level near perfect accounting utopia.....too real to believe

Posted by candygirls > 2016-01-04 13:43 | Report Abuse

Below 0.50 in the afternoon

Posted by sharktank > 2016-01-04 14:09 | Report Abuse

you guys don't have to worry about uncle koon, he didn't dump all his money just buying Xinkalun. Though he make a mistake but he also make 9 good calls to cover the one mistake. He is still better than all of us here.

Posted by ylliau > 2016-01-04 14:15 | Report Abuse

wonder why this episode out after KYY posted ? so coincidently... who know tmr company annoucement turn out of edge ?

Posted by i4investor > 2016-01-04 14:30 | Report Abuse

ylliau...if based on the company CASH BALANCE, if this is REAL CASH, why u said need to turn? THIS IS SUPER CASH RICH COMPANY (again if cash is real cash, not fake)

Posted by sg999 > 2016-01-04 14:35 | Report Abuse

期待。。。

Posted by leno > 2016-01-04 14:50 |

Post removed.Why?

Posted by MG9231 > 2016-01-04 14:59 | Report Abuse

Looks like Malaysia Investors which are far away from its operation is easy to cheat.

Posted by sulaimanab1955 > 2016-01-04 15:00 | Report Abuse

For me, Xie Zhidong never come out with money to subscribe the Private placement. It was Xinquan money!

Posted by 3EMWE > 2016-01-04 15:00 | Report Abuse

pictures can deceive our perception. the more we look the more question we ask.

Posted by misterA > 2016-01-04 15:42 | Report Abuse

This is so called LastMinChinaMovieProductionLine.

Posted by saltedfish > 2016-01-04 16:31 | Report Abuse

If xinquan really has the cash of RMB 1,200 million, why do you need to raise a RI for a paltry sum of RM 27-50m ?

Posted by saltedfish > 2016-01-04 16:32 | Report Abuse

Even taking at the high end RI gross proceed of RM50m, it is only 4.2% of RMB1,200 m. Lol

Posted by saltedfish > 2016-01-04 16:35 | Report Abuse

0.555 liao

Posted by sharktank > 2016-01-04 17:04 | Report Abuse

u sell also die, dt sell they can dilute ur shareholdings in few more years if they still exist in few more years...hai...pity u guys.

Posted by Jolly Mypet > 2016-01-04 17:27 | Report Abuse

a case of 'bo chow pun si,chow pun si !'

Posted by HuatAh88 > 2016-01-04 17:41 | Report Abuse

Reminded me of CSL incident..

Posted by tpchit > 2016-01-04 17:43 | Report Abuse

in few years, once the real cash dried up, hello pn17

Posted by beso > 2016-01-04 17:47 | Report Abuse

do not ever touch any red chip stock

Posted by limchimleong > 2016-01-04 18:36 | Report Abuse

beso, I am very Chinese, when stock is concern, I agree with you.

Posted by limchimleong > 2016-01-04 18:38 | Report Abuse

Jolly, khia tiao tan si.

Posted by ATOZ > 2016-01-04 20:15 | Report Abuse

Robert, thanks for the info. Very good report. I think SC should take action to protect minority shareholders.