Good_News If 0 dividend XOX can move why not dividend paying Xinghe? Both are profitable companies and start with X but Xinghe has higher EPS and paid 0.2sen dividend. Best is Xinghe is only half XOX price. 06/10/2015 14:36
--- XingHe.. and AAX <-- also baguss.... kikikiki all good shit start with "X"
invest2mil A responsible management of course will perform DUE DELIGENCE on any important business deal ! XINGHE is care about the BENEFITS and it takes time in liasing with legal adviser and so on. 07/10/2015 18:57
By any means of comparison, XINGHE is cheap. Look at the PE of 2 @ RM0.065, and paying dividend some more, where can you find? Looking back past few quarters, I think we can safely bet that earning of average of 0.5 cents / quarter can be easily achieved, that would be RM 0.02 of earnings yearly. Give it a PE of 10X, XINGHE can worth RM0.20 conservatively. Sooner or later it will move up, catch it now when it is still dirt cheap. The only thing I'm worrying is, can their accounting be trusted? You know, Chinese company, bad reputation. But I'm willing to take my chances, I have been accumulating 700,000 shares to date.
kent98 why no question on local stocks accounting but a lot on China counters? Many local stocks never give dividend at all. Among I know are XOX, Frontkn, PM Corp, etc.
You are right, local company may have accounting issue / fraud as well, not denying this. Even big well known company like Air Asia also got accounting scandal. Just that for XINGHE's case, it's just too good to be true, extremely low PE, stable earnings and dividend paying. Anyway, as I said, I'm taking my chances, no risk no gain.
profit making.... dividend paying oil counter!!! moat? minyak kacang can use for urut... minyak kacang sedap goreng... minyak kacang good for health...
china most populous country use minyak kacang!!!! world cheapest dividend paying counter !!!!
The important part is the earning. If it can keep increasing the revenue & EPS quarter-over-quarter / year-over-year, give it some patient, the results will not go un-noticed, the stock price surely will move up. It seems doing so far so good since it's listing 5 quarters back (both revenue and profits gradually increasing), but the stock price keep dropping from peak ~30 cents -> 0.065 cents. If you believe that both revenue and profits will keep increasing in the next few coming quarters, then now is a very good buying opportunity to buy. For me, I'm taking my chances to bet on this counter, I'll continue to accumulate, as I see the returns is huge compare to the downside risk. Every investment has risk, make your own risk assessment based on your own financial affordability and risk appetite. Wish all Xinghe fans good luck.
If Xinghe not good please tell me which counter cheaper than Xinghe that give dividend. Perhaps I am outdated so don't know which other counters is better(my criteria is must give dividend because Xinghe dividend policy is 15% for 3 years).
xinghe look very attractive to me..but unfortunately it is a china counter so need to be careful when playing china counter,you can gain alot and lose alot ...but based on my analysis i would take the risk of buying xinghe when the price is super low now..What I can foresee is xinghe will up to 0.100 by the end of November
I am still holding. Major news is next month QR. Likely making profit so Xinghe become cheapest profitable and dividend paying stock. We must make sure Xinghe close everyday at least 6.5sen until QR news.
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....
AyamTua
13,598 posts
Posted by AyamTua > 2015-10-06 18:12 | Report Abuse
musti semayang kuat kuat........
pasti tuju langit !!!!