Posted by leelc70 > 2013-11-29 10:10 | Report Abuse

this stiock's price performance really drop my eye. now no eye c liao

Posted by qqq668 > 2013-11-29 11:24 | Report Abuse

Msports is subject to manipulation by a group of syndicate, they are taking the opportunity of changing new auditor and weak sentiment on chinese stock to sell down. They try to force people to sell despite the very low level of multi sport stock price. There is nothing wrong with this co. Well run by father and daughter. WE should support them to diversify to sit through this market consolidation of sport shoes industry in china. Their newly built shoe sole manufacturing with better technology sourced from Taiwan should help them weather through this turbulence. Most important thing is this father and daughter team is genuine and ambitious, they managed to raise fund in Taiwan by issuing TSR proved that they are capable and eager to do business. There are still 20 million raised through this TSR not used yet. this money in park in Hong Kong, can not transfer back to china due to exchange control. This could be the reason they diversify into trading of apparels so that they can use this fund. lets unite to support them and holding their shares. For those who have cash this could be the co which can reward you handsomely.

Posted by qqq668 > 2013-11-29 11:35 | Report Abuse

they have been blocking the shares to trade higher at 23 sen level, during that time, XDL was having good run to 42 sen level, if not because of this unseen hand, msport would hv been trading up to 28 to 30 sen level. This group of people are trying to scoop msport share below 20 level before this shares trading up again

Posted by leelc70 > 2013-11-29 12:12 | Report Abuse

I do not know whether the statement of syndicate to press down the share price from qqq668 true or not, but I was surprise the market price of the counter can go so low as I can not sense their asset, business and management got any problem, really drop my eye.

Posted by qqq668 > 2013-11-29 13:09 | Report Abuse

what is the reason for thechange of auditor? is it because the fee is high? they want tocut cost? or the auditir not doing a good job for multisport? or they purposely do to scare or weaken the sentiment so that some one can buy at lower price? I notice at 20 sen, it isthe cost when Hong Leong Boss acquire msport shares before the IPO. He dispose it immediately after listing in Bursa. Making lots of money. The retailers suffered badly during that time. Now somebody might be interested to accumulate this stock again. IT is very cheap, really beyond the imagination of a lot of investors. Time to accumulate!!!

Posted by YHChan > 2013-12-03 14:16 | Report Abuse

this shall explain the recent sudden drop of msports ... the islamic funds are selling off their shares... because msports just turned into non syariah compliance counter ... probably msports is doing beer/casino/other non-halal businesses...

Posted by hamitouzhi > 2013-12-03 14:42 | Report Abuse

Learning from Malaysian stock market
http://www.ecns.cn/business/2013/12-03/91036.shtml

Posted by bestprice > 2013-12-07 16:21 | Report Abuse

Look like it U turn at 17 cent last few day... somebody is collecting, but small amount.

Posted by YHChan > 2013-12-11 11:03 | Report Abuse

I agree with bestprice... but is it safe to enter again in 19 cents? now 19 cents already...

Posted by Stock Operator > 2013-12-11 11:18 | Report Abuse

guys, just pointing out, it's below 50 and 100 days MA..

Posted by eu7985 > 2013-12-11 19:18 | Report Abuse

What to do, I'm holding at 0.215, I think need to wait till next quarter report liao...

Posted by bestprice > 2013-12-20 13:51 | Report Abuse

Look like safe to enter @ 19 cents, it is cheap this is China company counter with lot of bad record.
Don't know they take our money go to buy bungalow at US or Australia...shit head , fxxx !!!!

Posted by bestprice > 2013-12-20 13:59 | Report Abuse

they paid the dividend 2 time between 2 yrs may be just want to attract ppl to enter this counter. Right now is say "hallo , friend, pls be patient, I got big NTA ..and going to pay you." but we just look at paper only...and nothing money from them this 2 yrs.

Posted by FreeThink > 2013-12-24 20:32 | Report Abuse

新開發男裝漸上軌道‧華運料明年獲利
2013-12-24 10:54


（吉隆坡23日訊）華運（MSPORTS，5150，主板消費品組）新開發的男裝業務逐漸上軌道，並在2013財政年末季已實現營收，預期該業務在明年加速成長。
該公司董事經理林麗倩向媒體表示，新開發的男裝業務雖然仍未達到收支平衡，但已逐漸上軌道，預計在明年可開始獲利。
華運2013財政年第三季的淨利由獲利轉而虧損188萬令吉；同時，首9個月淨利也顯著下挫60.85%至1千966萬令吉。
整合旗下業務
成長腳步放慢
她在股東特別大會後表示，較弱業績表現主要受新開發的男裝業務正面臨虧損所拖累，然而其鞋底製造核心業務仍然獲利良好。
“公司新啟動的中高端男裝業務在去年處於資本投入期，到今年第四季才開始實現營收，因此綜合報表上會顯示虧損。”
同時她強調說，業績放慢也因公司計劃放慢成長腳步，重新整合旗下業務，也再度觀察市場變化，以為長遠的成長打好基礎，並避免行業風險。
市場展望方面，林麗倩表示，運動鞋是民生消費品，而中國的內銷市場非常大，製造市場也非常成熟，因此認為運動鞋市場仍然有利可圖，並預期該公司的業績表現會受市場成長所帶動。
惟她也稱，即使市場情況意外走下坡，也不會對公司有重大影響，因公司是非常資深的鞋子製造商，具有豐富的管理經驗，因此有非常頑強的抗風險能力。
小股東在大會中向管理層提出派息，她表示需待今年的審計會議結束後，讓董事部在會議討論才能作出派息決定。
她相信董事部會在不影響公司未來發展的情況下積極派息。（星洲日報／財經）

Posted by leelc70 > 2014-01-03 14:49 | Report Abuse

observe their development on its Evidova brand, if year 2014 profitable and stop the declining of shoe manufacturing turnover plus the dividend policy. This counter shaould at least on par with its peer XDL (which loss few quarters)

Posted by bestprice > 2014-01-11 04:19 | Report Abuse

If the new project shown good future, the price at 20 cts is cheap.

Posted by rlch > 2014-01-18 11:13 | Report Abuse

XDL has kept surging despite will report lower profit in 2013 compare to 2012, when can Msports follow? Msport NTA RM0.85 vs XDL NTA RM0.70(before right issue).

Posted by bestprice > 2014-01-26 21:56 | Report Abuse

XDL as a China stock fall already, can peoples still confident with other China stock like msports ?

Posted by rlch > 2014-01-26 22:38 | Report Abuse

People can goreng XDL from below 20sen to above 60sen before it plunge, why not Msports? Msport is cash rich and cheaper than XDL. Historically Msports give better dividend than XDL except in 2013.

Posted by speakup > 2014-01-26 23:05 | Report Abuse

why play China stocks? got so many good local stock to play.

Posted by rlch > 2014-01-27 03:48 | Report Abuse

Local stocks not cheap. Mostly 20sen local stocks FA not good eg no dividend & loss making(eg Harvest, HWGB). Moreover China has huge population and major sport country in the world so demand for shoes sole which Msport produce likely to be good.

Posted by speakup > 2014-01-27 07:42 | Report Abuse

an undervalued local stock trading below its net cash per share : Facbind

Posted by kennyyee8888 > 2014-01-27 08:26 |

Post removed.Why?

Posted by sandylim > 2014-01-27 23:09 | Report Abuse

Boycott boycott boycott worthless piece of crap from china!!!!!!@##@####@$'$'$##%/##::$@$/

Posted by bestprice > 2014-01-29 14:33 | Report Abuse

Just question why those china man not doing business honestly just like Japanese ? like AJI that Japanese stock perform very good instead of china stock.

Posted by speakup > 2014-01-29 14:39 | Report Abuse

belilah saham buatan malaysia :)

Posted by bestprice > 2014-01-29 19:26 | Report Abuse

Haha, bulan luar Negara lebih besar + bulat.

Posted by bestprice > 2014-01-29 19:33 | Report Abuse

kena tipu pun " ini kali lah " ..saja.

Posted by hamitouzhi > 2014-02-10 17:22 | Report Abuse

2013晋江年度十大产经人物候选名单

http://www.jjjjb.com.cn/html/2014-01/07/content_403017.htm

Posted by hamitouzhi > 2014-02-10 17:32 | Report Abuse

百兴集总经理林丽影：时尚男装的知性“女掌门”

http://www.cn0917.com/2014/0123/311543.shtml

Posted by leelc70 > 2014-02-10 17:35 | Report Abuse

good

Posted by qqq668 > 2014-02-11 10:53 | Report Abuse

Thank You very much for posting such a detail write up about Ms Lim Li Yin and Msport. We wish they will be successful in their diversification into men wear retailing. I guess they would like to use the money raised from TDR listing in Taiwan for this purpose. Amid the consolidation of shoe industry in CHina, it seems what she is doing is right. But the chinese company would never allow investors to make money unless they want to raise fund from here. Like calling for right issue of share or warrant.

Posted by rlch > 2014-02-14 18:40 | Report Abuse

XDL, CAP got free warrant. Xingquan also going to give? Can Msport follow?

Posted by leelc70 > 2014-02-25 10:45 | Report Abuse

I believe as the turnover turnaround from continue drop over years since listing and profit margin improved after the diversification on men wear retailing success. The confident on the counter shall rise and improve the share price performance.

Posted by rlch > 2014-02-27 06:12 | Report Abuse

Making profit again. Cash balance further increase.

Posted by hamitouzhi > 2014-02-27 11:25 | Report Abuse

good sign! good sign!

Posted by hamitouzhi > 2014-03-03 10:05 | Report Abuse

but still no dividend payout?

Posted by leelc70 > 2014-03-04 13:40 | Report Abuse

earn ability is getting lower, now it only earn 20m as compared to previous 60m. eventhough it building more solid cash and enhance its NTA. Profit grow still is the major factor of share price driven.

Posted by hamitouzhi > 2014-03-04 16:43 | Report Abuse

2012 & 2013 no dividend?

Posted by leelc70 > 2014-04-01 09:35 | Report Abuse

getting worst on its price, is there reflect to its worsen performance?

Posted by hamitouzhi > 2014-04-01 11:05 | Report Abuse

typical stingy China company listed in Malaysia, they don't pay u dividend even make a tons of profit in 2012; just a wayang kulit for 1st 2 years. Don't trust these company! Period.

Posted by hamitouzhi > 2014-04-01 11:21 | Report Abuse

b4 listed promise pay 20% of profit as dividend!

Posted by hamitouzhi > 2014-04-01 11:58 | Report Abuse

MSPORTS - Change in Principal Officer
http://klse.i3investor.com/servlets/anpth/979209.jsp

Posted by cockroach > 2014-04-01 14:30 | Report Abuse

Buy now. Accumulate more for your future. Hahahaha~~~!

Posted by hamitouzhi > 2014-04-27 15:51 | Report Abuse

EVIDOMA艾多玛男装法国复古之旅
http://fashion.ixinwei.com/pinpaizixun/2014/0411/12881.html

Posted by jpleow > 2014-05-03 11:03 | Report Abuse

China firms plagued by accounting issues
(http://www.thestar.com.my/Business/Business-News/2014/05/03/China-firms-plagued-by-accounting-issues/)

CSL, China Ouhua Winery Holdings Ltd & HB Global have accounting issues! This is terrible! Hope won’t happen to MSports.

Posted by jpleow > 2014-05-03 11:28 | Report Abuse

Although the earnings are still not good, there are signs of improvement Q on Q due to new business. However the concerns are:
Is the earning improvement sustainable?
Will there be any accounting issues?

I guess the action depends on your answers to the 2 concerns.

Posted by rlch > 2014-05-03 12:44 | Report Abuse

Not all China stocks are same. Depend on type of business and management. As China is a major sporting country in the world, Msport business should be relatively stable and profit is sustainable. Regarding accounting issue is Msport financial statement verified by their auditor? Any discrepancy reported in their audited and non audited account? Not giving dividend does the money disappear?

Posted by rlch > 2014-05-04 09:33 | Report Abuse

Anyone here plan to attend AGM sometime next month? Please ask CEO to give free warrant to reward us as shareholder because other China stocks already have that eg CAP, XDL and in pipeline Xingquan. Then question them why they don't like to see rise in share price which benefit major shareholders the most.

Posted by rlch > 2014-05-05 03:34 | Report Abuse

New auditor RT LLP confirmed cash balance RMB 501,440,000 is true.