Posted by Chinaboleh > 2015-05-29 10:22 | Report Abuse

The buyers at 6.5sen so happy if anyone here want to sell.

Posted by kimssiat > 2015-05-29 10:25 | Report Abuse

Top volume share to lose money ...

Posted by lclwyp > 2015-05-29 10:31 | Report Abuse

Per Prospectus, the indicative dividend policy is 15% but the Directors can declare otherwise depending on their financial needs. They may reserve some $ for JV perhaps

Posted by lclwyp > 2015-05-29 10:43 | Report Abuse

RM440K for all directors, not for each direcotor

Posted by lclwyp > 2015-05-29 10:51 | Report Abuse

This coming AGM is to table & adopt financial statements 2013 & 2014?

Posted by suz99 > 2015-05-29 11:50 | Report Abuse

dividend 0.2 sen

Posted by garywaiwai > 2015-05-29 12:30 | Report Abuse

dividend 0.002 cents =_=

Posted by lclwyp > 2015-05-29 19:19 | Report Abuse

QR just out. Looks good

Posted by lclwyp > 2015-05-29 19:22 | Report Abuse

RM41m profit for this qtr!!!

Posted by lclwyp > 2015-05-29 19:28 | Report Abuse

1st Qtr 2015 profit more than Whole of 2014 profit of RM36m!

Posted by gick891214 > 2015-05-29 19:28 | Report Abuse

good...

Posted by lclwyp > 2015-05-29 19:36 | Report Abuse

Revenue up by 52% fr 4th qtr 2014

Posted by Wilson Chia > 2015-05-29 19:43 | Report Abuse

huat lo ~~~~
hehehe

Posted by topkek > 2015-05-29 19:51 | Report Abuse

ong mali lai ..

Posted by gick891214 > 2015-05-29 19:52 | Report Abuse

hopefully monday up up up....

Posted by eric_b7b > 2015-05-29 19:52 | Report Abuse

hollyshit!

monday panic buy! !!

Posted by YF24 > 2015-05-29 19:55 | Report Abuse

monday 0.12

Posted by eric_b7b > 2015-05-29 19:56 | Report Abuse

yf24 , u bought at what price?

Posted by YF24 > 2015-05-29 19:57 | Report Abuse

monday 0.12

Posted by bangonluck > 2015-05-29 20:04 | Report Abuse

That was last year..... but they may want to issue another private placement this year for the new JV. Based on my calculation, the PP should be around 0.14.

Posted by eric_b7b > 2015-05-29 20:06 | Report Abuse

wow 14?


holllyyyy shiittttt!!

Posted by YF24 > 2015-05-29 20:07 | Report Abuse

i bought @ 0.07

Posted by lclwyp > 2015-05-29 20:15 | Report Abuse

Dun be so excited, though having good results, share price may not reflect especially China based co

Posted by martinbartesque > 2015-05-29 21:50 | Report Abuse

really can't believe it earned 45mil in a quarter. If like this $$, it doesn't need to have PP.

Posted by rlch > 2015-05-29 21:53 | Report Abuse

XingHe returns to the black in 1Q, on track for satisfactory performance
By Meena Lakshana / theedgemarkets.com | May 29, 2015 : 9:11 PM MYT

KUALA LUMPUR (May 29): XingHe Holdings Bhd ( Financial Dashboard) reported its third-consecutive quarter of profit for the three months ended March 31, 2015 (1QFY15), posting a net profit of RM41.95 million or 1.79 sen per share compared with a net loss of RM4.41 million or 2.97 sen loss per share a year ago on higher average selling prices of branded products and non-branded products.

Its gross profit margin for the quarter under review improved to 17.5% from 15.8% in 2014.

The China-based edible vegetable oil and peanut protein cake producer posted a revenue of RM388.24 million for 1QFY15. XingHe (fundamental: 1.2; valuation: 0.9), however, did not disclose revenue in the previous corresponding period as it had changed its financial year-end from Jan 31 to Dec 31.

In a filing with Bursa Malaysia today, XingHe said it is optimistic that it will be able to deliver a satisfactory performance for the current financial year ending Dec 31, 2015.

For one, it is confident that the rising disposable income and standard of living in China, as well as the increased health awareness among consumers will create a robust demand for high quality branded edible oil.

"The group’s marketing and branding campaigns to expand further its existing markets and to strengthen its market presence and brand recognition are bearing fruits.

"Volume sold, average selling prices and gross margins for 1QFY15 were higher than those achieved in 2014," it added.

The group also noted that the difference between the ringgit and renminbi, if maintained, will benefit it.

XingHe shares closed unchanged at 7 sen today, with a market capitalisation of RM164.4 million.

Posted by Ah guuuu > 2015-05-29 22:30 | Report Abuse

Wow... Very good quarterly result announced.. As expected, next week is Xinghe's showtime....

Posted by rlch > 2015-05-29 22:37 | Report Abuse

After sterling Q1 2015 result can we ask higher(or further) dividend(2nd interim) this year in coming AGM. Look like short of 15% dividend policy.

Posted by gick891214 > 2015-05-29 22:38 | Report Abuse

yeah...

Posted by w00761klt > 2015-05-29 22:48 | Report Abuse

1)
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GOOD THUMBS UP

Posted by kongfui0507 > 2015-05-29 22:49 | Report Abuse

report really
strong like this?????? means can up until rm1....

Posted by YF24 > 2015-05-29 22:57 | Report Abuse

monday open price 0.095

Posted by greedy44 > 2015-05-29 23:01 | Report Abuse

cash and bank balances = RM215,689,000....WOW !!!

Posted by greedy44 > 2015-05-29 23:05 | Report Abuse

can the report be trusted ??? if the report is true, why the stock only trade at 7 sen and its warrant at 2 sen ???

Posted by greedy44 > 2015-05-29 23:06 | Report Abuse

latest nta is 21 sen !! too good to be true...

Posted by lifecare > 2015-05-29 23:27 | Report Abuse

trading at one (1) time PER for 2015....no different from non listed company....

Posted by lifecare > 2015-05-29 23:28 | Report Abuse

think this only happen on bursa stock exchange...plc trading at one (1) PER..

Posted by gick891214 > 2015-05-30 08:25 | Report Abuse

you are right... ayam tua :)

Posted by Ezra > 2015-05-30 10:36 | Report Abuse

Based on the Q1 report as at 31/3/2015 issued by the management and the 2014 annual report lodged with Bursa yesterday, the company has registered an annualized profit growth of almost 5 times - 4.65x to be exact.

Assuming BDO were diligent in their audit work for FYE 31 Dec 2014, the company posted a net profit attributable to equity owners of RM36,103,000 against an average share pool of 1.709 billion units. The resulting earnings per share (EPS) and price to earnings (PE) ratios were at 2.11 sen per share and 3.31x respectively based on last year's results and yesterday's closing price.

For the first quarter this year, the company captured a greater growth in its peanut oil and peanut protein cake business. It registered a net profit attributable to equity owners of RM41,949,000 against a current share pool of 2.35 billion units with a quarterly EPS of 1.79 sen per share. In annual terms, the said quarter results would translate into a full year EPS of 7.14 sen per share (assuming it can repeat the results each quarter since the said peanut commodities are consumed throughout the year).

Now assuming the PE remains unchanged at 3.31x, then the shares ought to be retailing at 24 sen per share.

Based on the latest results, a fair price of the share ought to be between 24 sen and 95 sen per share. This is my opinion, of course.

Whether actual trade will reflect, exceed or underperform these TP levels depends on how far the investors have factored the results into the share price before trading them come Monday onwards.


P/S Before you decide review carefully the Q1 report and annual report yourself and speak to the auditors and directors and anyone you can grab hold of, and make your own call - whether you choose to buy, hold or sell. Always remember to invest wisely (using your own surplus money and do not contra) and do the math before spending a single cent on any stock of choice; whether it's apple, ifca or xinghe for that matter.

Posted by lclwyp > 2015-05-30 11:47 | Report Abuse

Bunnypro, u hold close to 5m shares?

Posted by gick891214 > 2015-05-30 12:06 | Report Abuse

So good.. Good eye sight on xinghe... Cheers

Posted by skyjuice2 > 2015-05-30 12:06 | Report Abuse

Impressive performance by xinghe. I didn't expect it to be too soon. But please don't expect the price would appreciate in the near term. As we know, xinghe plant most located at china. Their local malaysia factory will only materialize by next year. To win local investor confidence, xinghe need to setup more plant in malaysia. If ASFAR could be one the substantial holder will be good enough to gain trust. Just as what has being done by CAP.

As for the kickoff, good job has been done by the xinghe management. They still need to work extra miles in order to prove that there is no financial fraud in the accounting book by materializing all the opportunity given especially in local market.

Again, if the management is trustworthy, the price will appreciate itself in coming years. Good to see if xinghe could be the next yee lee.

Posted by gick891214 > 2015-05-30 12:13 | Report Abuse

@bunnypro : buy at own risk... but the performance achieved by xinghe is quiet excellence.

Posted by greedy44 > 2015-05-30 13:36 | Report Abuse

Congrat Ezra for the report and advice...we need ppl like Ezra that always sincere in giving the right advice.

Posted by greedy44 > 2015-05-30 13:42 | Report Abuse

7-8 sen should be a good pick this monday....those who already bought xinghe or the warrant should hold for longer term if they can maintain the profit...should get more return

Posted by lclwyp > 2015-05-30 13:49 | Report Abuse

From the top 10 shareholders, 5 of them do not hold any warrants. I believe that most of them bought shares after bonus warrants. Show confident on Xinghe!

Posted by lclwyp > 2015-05-30 16:37 | Report Abuse

Hope Xinghe will b the star performer in June. If still stay at 0.07 or lower, then must question directors during AGM

Posted by greedy44 > 2015-05-30 17:58 | Report Abuse

look at microlink share price after they announced great jump in their profit...but microlink have much lower number of ordinary share in issue and nta 35 sen.

Posted by gick891214 > 2015-05-30 18:44 | Report Abuse

:)

Posted by Good_result > 2015-05-30 23:59 | Report Abuse

Xinghe TP 20sen. Buy.

Posted by gick891214 > 2015-05-31 08:56 | Report Abuse

Yee lee is trading at pe11 ,if xinghe can trading at pe 5(tp is 35 cents). Happy sunday