If someone dare please takeover Msports. Then you can decide how much dividend Msports should pay. I am awaiting audited account to out to confirm really Msports has so much cash. XDL audited already out and show it really has a lot of cash.
We are taught to buy growth stocks by many sifus in i3. Msports is example of growth stocks and cheap yet to be appreciated. Profit increased 49% YOY in 2014.
Xinghe since you mention poor counter. You can refer to my postings for the one I bought recently if you are interested. My method is buying when they drop not like most people when up they chase.
Posted by ks55 > Oct 30, 2014 05:35 PM | Report Abuse X
Another ship sails to holland. Read carefully 2013 Annual Rpt to find out why :-
#For the financial year ended 31 December 2013, the Board of Directors is not recommending any declaration of dividend. The level of dividends to be declared for FYE 2014 and future financial year would be determined by the Board after taking into consideration the performance, cash flow position and financial requirements of the Group a swell as the prevailing economic conditions.#
What does that means? Cash flow problem? Cash and bank balances is rmb 501 million Total current asset is rmb 669m Current liabilities total rmb 124m Long term liabilities nil
Again read carefully:- Revenue rmb 712m Inventories, at cost is rmb 24m
Don't tell me all are produced just in time for delivery??????
If this set of account can be trusted, all creative accounting can be deemed to be accurate and factual!!!!
Don't wait to receive free warrant. A cheat is a cheat!!!!
RICH blamed me as an evil man. Why??? He cannot stand loses ma!!! This prompted me to remove all my adverse comment. Without early warning, more people fall victim to con man.
Posted by rlch > Mar 20, 2015 10:55 AM | Report Abuse
######## Posted by ks55 > Apr 29, 2015 04:03 PM | Report Abuse X
To catch the falling knife, wait till cumulative volume reach 45m, then start to buy downwards at every one down. You may be able to get starting 55 sen all the way down......
Again, cumulative volume 45m starting 28 Apr 2015 for next 0ne to three days....
Think safe...Punt safe.........##########
Just read the time stamp. Try to mislead people ?? Who is more devil ??????????????????
Stock: [MASTEEL]: MALAYSIA STEEL WORKS (KL)BHD Apr 30, 2015 10:23 AM | Report Abuse
ks55 -- Cannot stand 5% loss? Try out with REITs.
Let suppose you have 1m cash asset (Share, FD, Bonds, Treasury bills, SA etc excluding EPF). How much risk you can take?
Some people can stand up to 50% loses (if they are still young <35 yr old) Some people can only stand up to 20% loses. (may be for 40 -50 yr old) Some may be 10%, or 5%. (Retired or near to retirement >50 yr old) It is really depends on your degree of tolerance.
Some may be young, but they have low degree of tolerance. Their temper will fluctuate with market performance. Market good, they got excited. Market down, they will not be able to sleep. This will affect their job performance.
My advice is, if you invest up to 500k, you find that your temper already being jeopardized, reduce to 400k. If still find hard to sleep, reduce further to 300k, 200k,100k etc. There should come to a level whether market up or down doesn't affect performance of your main career anymore. That is your tolerance level.
Some may have 1m cash asset, but not able to stand a 5k loses. These people are not risk taker, share market is definitely not suitable for them. REITs may be most suitable for them as it is low risk with medium gain. Otherwise will be FD or MGS.
Again a word of caution. Don't commit 100% of your cash asset in share market. Always keep some for rainy days. Worse still if you try to buy on margin in this coming turbulence market.
Think safe, play safe, invest safe. If want to punt, punt safe.
So cheap, only 12sen, better buy some just in case it follows XINQUAN footstep to announce dividends.PE is only 1.8 :) Net Cash on hand is more than 50sen vs share price 12sen.. very strong company.
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....
rlch
4,142 posts
Posted by rlch > 2015-04-14 10:30 | Report Abuse
687423 your Syscorp is not better either. 3.4X Msports price yet no dividend. Someone also said on PE is pricey.