Posted by Icon8 > 2016-04-30 03:46 | Report Abuse

Is it Nova? 9 sen now but I look like no dividend.
http://klse.i3investor.com/servlets/stk/annent/0026.jsp
http://klse.i3investor.com/servlets/stk/fin/0026.jsp

icon8, xinghe neva mention about dividen this year....

Posted by singkalin > 2016-04-30 09:14 | Report Abuse

No wonder madam Li & Ma Guang Liang dispose 35 million share on 31 Dec 2015.

Posted by singkalin > 2016-04-30 09:23 | Report Abuse

They are planning to cheat the investors

Posted by Xinghe > 2016-05-01 17:56 | Report Abuse

Just read 2015 AR. Ma GuoLiang and Mdm Li Hui Jun still own 55.39% Xinghe and 30% warrants(352 million). Why they don't dispose warrant? Are they planning to convert at 10 sen? singkalin pls tell which other counter you own major shareholder own 55% like Xinghe.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5079665

Posted by singkalin > Apr 30, 2016 09:14 AM | Report Abuse
No wonder madam Li & Ma Guang Liang dispose 35 million share on 31 Dec 2015.

Posted by Xinghe > 2016-05-01 18:04 | Report Abuse

Liquidity and gearing
As at 31 December 2015, the Group has borrowings of RM27.8 million (2014: RM23.9 million) and trade and other payables of RM19.4 million (2014: RM10.1 million). With cash and bank balances of RM199.1 million (2014: RM192.9 million), the above increase in liabilities caused the net cash position of the Group at 31 December 2015 to drop to RM151.9 million from that of RM158.9 million as of the previous reporting date. The increase in current liabilities from RM9.3 million to RM21.0 million resulted in the current ratio(calculated as current assets divided by current liabilities) dropping from 41.5 times as at 31 December 2014 to 26.1 times as at 31 December 2015. This is not of concern to the Group as receivables and cash and bank balances which are liquid assets are the major components of the Group’s current assets, making up RM528.1million or 96.3% of the total current assets of RM548.3 million as of 31 December 2015 (2014: 92.3%).
On positive note, despite the increase in borrowings mentioned above, the Group’s gearing ratio (calculated as total borrowings divided by the amount of shareholders’ equity) as at 31 December 2015 improved to
5.7% from that of 6.8% as at 31 December 2014. This improvement was brought about by a 40.1% growth in shareholders’ equity YoY.

Posted by Xinghe > 2016-05-01 18:06 | Report Abuse

The aggregate Directors’ remuneration paid or payable or otherwise made to all Directors who
served during the financial year ended 31 December 2015 is shown below:
Fee
Salaries and
other benefits Total
RM’000 RM’000 RM’000
Executive Directors 198 178 376
Non-Executive Directors 270 - 270
Total 468 178 646
Number of Directors
Range of Remuneration Executive Non-Executive
Below RM50,000 - -
RM50,001 – RM100,000 - 4*
RM100,001 –RM150,000 3 -
* Includes a Director who resigned during the financial year ended 31 December 2015

Posted by Xinghe > 2016-05-01 18:27 | Report Abuse

CHAIRMAN’S STATEMENT (cont’d)

Going forward, the Group is in the midst of finalising its evaluation to set-up a cold-pressed peanut oil production plant in Xinjiang Uyghur Autonomous Region (“Xinjiang”), PRC (“Xinjiang Project”).

Based on the initial project timeline, the plant should take about three years to go on stream and the budgeted capital investment (based on today’s prices) is estimated to be in the region of RMB600 million.
The Group expects to finance this project via a mix of borrowings and internal funds. Barring unforeseen circumstances, the Group hopes to launch this project before the end of 2016.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5079665

Posted by Xinghe > 2016-05-01 18:29 | Report Abuse

New factory require RMB 600 million investment so cannot give dividend this year or else bank borrowing or interest charges will increase. If later ask RI(like Xinquan) will you all happy?

Posted by Xinghe > 2016-05-01 18:30 | Report Abuse

Any shareholder from Penang and know Tan Sri Sak Cheng Lum(MCA politician)? Pls find out his phone(or e-mail) and I want to talk to him personally.

Posted by Icon8 > 2016-05-01 18:36 | Report Abuse

Best is some of us can attend AGM on 27th May(esp those from KL) and give suggestions. I would welcome free warrant this year but they must reduce par value to 5 sen from 10 sen currently.

Posted by Bryanlau > 2016-05-02 23:04 | Report Abuse

Icon8 - if reduce par value to 5sen mean number of share increase to ~4.7b?

Posted by Bryanlau > 2016-05-02 23:06 | Report Abuse

Actually the problem not because of xinghe didn't declare dividend, is because shareholder no confident to china stock..am i right? :)

Posted by Bryanlau > 2016-05-02 23:08 | Report Abuse

base on current share price, 100% of existing shareholder paper loss, pls correct me if i'm wrong.

Posted by Tracking > 2016-05-03 00:57 | Report Abuse

ya...only ppl who buy @ 0.05 not lose ...
I understand build factory need money....but u can't forget what u promise....
especially so much ppl no confidence with.china company....

Posted by Tracking > 2016-05-03 01:07 | Report Abuse

company earn 100billions also x related to us if company price go lower n lower....

Posted by Xinghe > 2016-05-03 05:33 | Report Abuse

Who make Xinghe lower and lower? I hope i3 members don't cut loss to sell at 5 sen(for failure to get dividend). Perhaps someone(banks?) manipulate it? Can report to SC because company is making higher profit(EPS 3.62 sen in 2015 Annual report is higher than unaudited acct) than 2014.

Posted by Tracking > May 3, 2016 01:07 AM | Report Abuse
company earn 100billions also x related to us if company price go lower n lower....

Posted by Xinghe > 2016-05-03 05:37 | Report Abuse

Bryanlau no of share no increase. Reduce par value is for exercise price for new warrant become 5 sen instead of current 10 sen or when issue new share the cost is reduce to 5 sen.

Posted by Bryanlau > May 2, 2016 11:04 PM | Report Abuse
Icon8 - if reduce par value to 5sen mean number of share increase to ~4.7b?

Posted by Xinghe > 2016-05-03 05:44 | Report Abuse

Only Kanger(China stock) did well this year with share price rising 100% this year due to profit improve. So is it Xinghe need to invest RMB 600 million to improve earnings?

Posted by Tracking > 2016-05-03 09:49 | Report Abuse

Xinghe, can u tell me are they set-up two factory in the same time ?
xing jiang is cold-pressed peanut oil production plant
then how about malaysia plant?

Sorry, i haven't read finish the anual report yet....

Posted by 1234rich > 2016-05-03 23:43 | Report Abuse

Bullshit !!!!! If want to set up new plant don't until not afford to pay dividen..
Don't change what management commmited during RTO.
Don't spend money more than affordable..
Reduce Top Management Salaries and Incentives if they really sincere to set up new plant.
PAY SHARE HOLDER DIVIDEN FIRST than only talk about new plant..

Posted by Tracking > 2016-05-04 08:51 | Report Abuse

1234rich, will you attend AGM?

Posted by Chinaboleh > 2016-05-04 16:17 | Report Abuse

Why Xinghe got money to invest RMB 600 million in a factory? No need ask our money?

Posted by Tracking > 2016-05-04 17:30 | Report Abuse

wow...just notice that 3 Xinghe Director didn't hold any Xinghe-wa....

Posted by Tracking > 2016-05-04 17:40 | Report Abuse

01/04/2015 15,573,200.000 0.000 Acquired
01/04/2015 134,642,284.000 0.000 Disposed
01/04/2015 94,058,415.000 0.000 Disposed
26/05/2015 81,147,100.000 0.000 Disposed
26/05/2015 2,935,500.000 0.000 Disposed
27/05/2015 19,508,000.000 0.000 Disposed
28/05/2015 22,046,800.000 0.000 Disposed
29/05/2015 9,736,800.000 0.000 Disposed
01/06/2015 9,219,200.000 0.000 Disposed
02/06/2015 3,959,000.000 0.000 Disposed
03/06/2015 460,000.000 0.000 Disposed
04/06/2015 855,000.000 0.000 Disposed
05/06/2015 8,591,600.000 0.000 Disposed
08/06/2015 17,678,400.000 0.000 Disposed

Description of other type of transaction :
Circumstances by reason of which change has occured

Nature of interest : Indirect Interest
Direct (units) : 0
Direct (%) : 0.000%

Indirect/deemed interest(units) : 352,275,099
Indirect/deemed interest(%) : 30.000%

Total no of shares after change : 0
Date of notice : 25/04/2016

Posted by Tracking > 2016-05-04 17:45 | Report Abuse

Can someone tell me normal or not normal...
cause director MaGuoLiang, Li Hui Jun and ng min lin not holding any wa

Posted by Icon8 > 2016-05-04 20:16 | Report Abuse

Indirect/deemed interest(%) : 30.000%

Tracking Can someone tell me normal or not normal...
cause director MaGuoLiang, Li Hui Jun and ng min lin not holding any wa

04/05/2016 17:45

Ma Guoliang still own 30% W.

Posted by oldchinaman > 2016-05-05 00:38 | Report Abuse

THE MAJOR SHAREHOLDERS/DIRECTORS DISPOSED THEIR WARRANTS FROM 1 APRIL 2015 TO 8 JUNE 2015 AND ONLY ANNOUNCED ON 3 MAY 2016,I THINK THIS IS SERIOUSLY OFFENCE ,THEIR SUPPOSE TO ANN.FEW DAYS AFTER THE DISPOSAL ,I AM GOING TO LODGE A COMPLAINT TO SECURITY COMMISSION TO PROTECT ALL MINORITY SHAREHOLDERS (INVESTOR AFFAIRS & COMPLAINTS DEPARTMENT ,SECURITIES COMMISSION MALAYISA,NO 3 PERSIARAN BUKIT KIARA K.LUMPUR TEL 03 62048999 FAX 62048991

Posted by Not_logic > 2016-05-05 14:49 | Report Abuse

oldchinaman earlier already informed. Don't why need to inform 2 times.

oldchinaman THE MAJOR SHAREHOLDERS/DIRECTORS DISPOSED THEIR WARRANTS FROM 1 APRIL 2015 TO 8 JUNE 2015 AND ONLY ANNOUNCED ON 3 MAY 2016,I THINK THIS IS SERIOUSLY OFFENCE ,THEIR SUPPOSE TO ANN.FEW DAYS AFTER THE DISPOSAL ,I AM GOING TO LODGE A COMPLAINT TO SECURITY COMMISSION TO PROTECT ALL MINORITY SHAREHOLDERS (INVESTOR AFFAIRS & COMPLAINTS DEPARTMENT ,SECURITIES COMMISSION MALAYISA,NO 3 PERSIARAN BUKIT KIARA K.LUMPUR TEL 03 62048999 FAX 62048991

Posted by Not_logic > 2016-05-05 14:51 | Report Abuse

Actually those disposed warrants make sense because warrants is free and exercise price 10 sen.

Posted by Not_logic > 2016-05-05 15:02 | Report Abuse

If Xinghe account not true can their auditor reject it?

Posted by Justin Ngo > 2016-05-05 16:29 | Report Abuse

They intended to sell in closed market.

Posted by bruce5113 > 2016-05-05 17:14 | Report Abuse

up up up...xinghe... :-D :-D :-D

Posted by singkalin > 2016-05-05 17:35 | Report Abuse

They need 3 years for the plant to start operation. So another 3 years no dividend.

Posted by SK_Wan > 2016-05-06 09:08 | Report Abuse

Gosh..0.05 all going to break..

Posted by Good_result > 2016-05-06 09:26 | Report Abuse

No 2 volume today. Xinghe is not warrant sure can buy at 5 sen. NTA 22 sen buy Xinghe at 5 sen and sell all the assets net gain 17 sen.

Posted by Good_result > 2016-05-06 09:27 | Report Abuse

Auditor approved Xinghe 2015 Annual Report meaning cash and other assets is true.

Posted by Icon8 > 2016-05-06 10:26 | Report Abuse

If Kanger(red chip) can move up 100% this year because profit increase why not Xinghe?

Posted by Icon8 > 2016-05-06 10:28 | Report Abuse

Xinghe PE only 1.5. If fair PE 10 TP 34 sen. If PE 5 TP 17 sen.

Posted by Bryanlau > 2016-05-06 12:56 | Report Abuse

Just wonder why people want to sell at 0.045 instead of 0.050?

Posted by Bryanlau > 2016-05-06 12:59 | Report Abuse

Auditor "Chartered Accountants" go China audit Xinghe or approved by read AR from Xinghe? :)

Posted by bruce5113 > 2016-05-06 17:38 | Report Abuse

andy lau punya adik bryan lau, no need think too much, just buy, like ayamtua say pasti tuju langit...up up up...xinghe... :-D :-D :-D

Posted by oldchinaman > 2016-05-06 20:27 | Report Abuse

dont buy dont let china conman con our retailers' money,trust me,can refer to all the china counters,

Posted by curious2 > 2016-05-06 22:34 | Report Abuse

oldchinaman how they con our money? They never ask our money(RI) since listing. Xinghe only counter below 10 sen to give us dividend past 1 year. Not M'sian cut loss? Use the money to buy other counters hence keep dropping.

Posted by oldchinaman > May 6, 2016 08:27 PM | Report Abuse
dont buy dont let china conman con our retailers' money,trust me,can refer to all the china counters,

Posted by curious2 > 2016-05-06 22:36 | Report Abuse

oldchinaman sure you don't cut loss? Why you bother to comment here?

Posted by singkalin > 2016-05-06 22:37 | Report Abuse

With MCA politician as Director, sigh, my investment going to get burn. Sui.....

Posted by Angielim9955 > 2016-05-07 03:26 | Report Abuse

people sell today will regretsoon

Posted by singkalin > 2016-05-07 08:04 | Report Abuse

Anyone attend the meeting, pls ask the Director when they will start paying dividend ; year 2019 or 2020???

Posted by singkalin > 2016-05-07 13:53 | Report Abuse

enter at 6 cents, expected to get dividend. Now announcement no dividend. To cut lost or let my investment stagnant for 3 years. Decision ! Decision ! Decision ! Sigh.........

Posted by Tracking > 2016-05-07 21:20 | Report Abuse

yup....me too....I add so much when drop to 0.055....mana tahu drop lagi dan no dividend...

Posted by oldchinaman > 2016-05-08 02:00 | Report Abuse

the china director sold 213,127,499 warrants on lst day of listing @1.4.2015(at 2c to 6c) Sold 389,264,899 till today,for mother share he sold 182,325,000 from 2015 till today.and the malaysian director sold all his warrants 21,422,300 on lst day of listing. For yr 2015 pe is just 1.48x,,why they sold so cheap,they are directors of the company,they can sell to the funds at higher price.WHY????????????? Hi curious2,i dont have this counter,i just help my sis and friends to analysis only.