rockycleft, china population is huge, permanis is not just kick-a-poo, it also have Pepsi, 7up, Revive and many other non carbonated drinks like Good day mlik, Bleu water and many other popular consumer drink products.Cash pile is better than none, same goes to most companies in KLSE, whether shareholder gets reward or not depends on the controlling shareholder. You are right, Mr Li can choose to keep the share price low or make it go high, Nobody like to be cursed day and night ( if MSPORTS continue to stay at such a low price ), I am sure Mr Li will do something sooner or later to make MSPORTS go up because I am sure apart from us in Malaysia, some of his friends and relatives also hold a lot of MSPORTS shares.
Li Houzhi and his friends must be very happy to be able to buy so many MSPORTS as cheap as 6.5sen. Pay 6.5sen for something worth RM1... where to get ?
rockycleft, it does not matter whether there are thousand or similar million drink makers in China, if announcement of merger is made, MSPORTS is sure to fly. Investors love this kind of news.
not sure if its worth 1.00 for now.... but certainly should be above 0.10!!!! My bet it will climb back to over 0.10 by month end. I am in... Good luck guys
damm, cant understand it is still dropping. Play00, this company has very little debt, cash on hand alone is more than RM370 million. Net Cash on hand after minus all the debts, easily more than 60sen per share. e have not even talk about the factories, inventories and debtors. I cant understand why people throw shares at 6sen. Unless something is very wrong with MSPORTS, if something is very wrong with MSPORTS, Why Taiwan MSPORTS is not dropping ? I am taking a bet that this drop is done on purpose to make people panic sell.
Ha, during the last few closing days of the ww2 in Berlin, Hitler was still telling the Germans that the 10th Army was on the way to rescue them...... Share buy back to the rescue?
show, I am not sure about the relation. But it was started to drop quite long time ago from now. Maybe there is no relation between Taiwan and here? I also wonder the reason @@
Play00, MSPORTS in Taiwan and Malaysia is the same company. If there is something wrong with MSPORTS in China, surely those Taiwanese will notice it first, Fujian is mainland just across Taiwan. Very easy for them to monitor the situation in Fujian. What I cant understand is who is dumping the shares so violently. If want to exit, surely will push up before dumping to get more money but this fellow is trying hard to get less money by pressing it down. It is very easy to make the share to go up, if Li Houzhi really wants to exit, simply announce some good news like dividend, merger, etc.. MSPORTS will surely fly...he can easily dump and exit at higher price and easily cover the cost of dividends or other cost. This movement is really puzzling me.
Hopefully Li Houzhi will do something to the share price before Chinese New Year because as Chinese I am sure he will not want to be cursed during Chinese New Year.
very obviously, the big shark push down the price this low, for those like me, who urgently need $$$ for this coming cny will sell to them ... this is a pre set-up ....... " NamoAmitabha "
show please time to time protect Msports. I own over 20 counters portfolio cannot entertain people like malinfan everyday. You can repeat my points here.
kimsiat, MSPORTS has RM370 million cash and almost zero debts, can last for a long long time even though sales is slow. Oil price went down a lot, means raw material for shoe sole has become cheaper.
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....
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Posted by show > 2016-01-08 08:07 | Report Abuse
rockycleft, china population is huge, permanis is not just kick-a-poo, it also have Pepsi, 7up, Revive and many other non carbonated drinks like Good day mlik, Bleu water and many other popular consumer drink products.Cash pile is better than none, same goes to most companies in KLSE, whether shareholder gets reward or not depends on the controlling shareholder. You are right, Mr Li can choose to keep the share price low or make it go high, Nobody like to be cursed day and night ( if MSPORTS continue to stay at such a low price ), I am sure Mr Li will do something sooner or later to make MSPORTS go up because I am sure apart from us in Malaysia, some of his friends and relatives also hold a lot of MSPORTS shares.