Posted by malinfan > 2016-01-30 12:09 | Report Abuse

@4.5¢, mean the whole damn company value Rm24 million, worth or not worth ?

Posted by leo1234567 > 2016-01-30 16:34 | Report Abuse

2007-2014年年賺錢，雖然2015前三季虧損1400萬人民幣，但帳上現金也還有5.44億人民幣，股票總市值卻跌破四千萬人民幣!絕對不是合理的數字!董事長若真缺錢要賣股，先讓公司實施庫藏股，股價拉高不是比較好賣，為什麼一直往下打壓?實在搞不懂!
也許跌深就是最大利多，只要公司還在就有報復性反彈的機會，這麼低的市值，卻有高額的營收與現金，相信能買下它的人很多，也許被購併也是另一種選擇!

Posted by Tom Merina Thomas > 2016-01-31 00:33 | Report Abuse

I am very confused. I don't know whether to sell or to keep. I am willing to keep but very scared. I already promise to myself no more China shares. Enough is enough. What happen if the price is declining till 2cents? 1 cents? is that possible? Why bursa Malaysia didn't send any enquiries to Msports regarding this matter? Please help me. Why the main shareholder sold the ESOS shares? Please help.

Posted by jwyap > 2016-01-31 00:58 | Report Abuse

我们一起加油，把0.05 以下的全部扫完，他敢卖我们一起買， 收了50% 大家一起分享这间公司现金和資產。把中国者踢出此公司。每人一万 既可。300000lot成功

Posted by malinfan > 2016-01-31 09:29 | Report Abuse

with the current price, you just need Rm4.8 million to control the whole company and command Mr. Lin to makes coffee for you every morning. think about it. hahahaha。

以目前的价格，你只需要 480万令吉, 来控制整个公司，命令林先生，每天早上泡咖啡给你。
。。。。。 想想吧。 哈哈哈哈。


31/01/2016 09:21

Posted by TAH > 2016-01-31 10:25 | Report Abuse

Malaysian shares are being control by local syndicates. Thus it is up to them to quote the price. To beat the syndicates we must have holding power. This is the financial game.

Posted by nekosan > 2016-01-31 10:27 | Report Abuse

Hahaha ... Entire world stock market are controlled by syndicate ... No such thing as free market ...world famous syndicate is soros and warren buffet

Posted by confuse > 2016-01-31 10:44 | Report Abuse

Tom Merina Thomas FYI Xinghe major shareholder sold their shares(different is off market) at 0.005 sen. At least some shareholders here benefit(hope it turn out to be) from Lin HuoZhi selling but not Xinghe shareholders. Myself is confused why Lin Huozhi disposal get attention but not when he subscribed ESOS at 11 sen.

Posted by confuse > 2016-01-31 10:59 | Report Abuse

ESOS money go to company(Msports) whereas Lin disposal hurt his own pocket(bought Msports at 11 sen but sell at 4.6 sen so loss of 6.4 sen per share).

Posted by Tom Merina Thomas > 2016-01-31 11:07 | Report Abuse

Confuse. I don't know whether he really sold his own shares or not. But the numbers of shares that he sold on 29 Jan equal to the number of ESOS shares that he subscribed in Nov. You can refer to bursa announcement in Nov regarding ESOS shares that he bought. I think on Nov 15.

Posted by leo1234567 > 2016-02-01 00:31 | Report Abuse

http://www.mzcan.com/taiwan/911626/irwebsite_c/index.php?mod=profile
之前公司的簡介，公司廠房這麼大的規模，現在總市值卻剩不到五千萬人民幣!
實在不懂為什麼這麼便宜?

Posted by Tom Merina Thomas > 2016-02-01 02:18 | Report Abuse

Msports: Lin didnt dispose any of his shares, if you noticed the bursa announcement on 18th Nov he had 16% shares and on 29th Jan after he disposed the ESOS shares, he still had his 16% shares. I think another major shareholder dumped his or her shares.

Posted by msports > 2016-02-01 02:26 | Report Abuse

Tom Merina Thomas bursa announcement of major shareholders(above 5% stake) disposal is almost same day. So other shareholders disposing is a real possibility for Msports to drop such low currently. Lin Huozhi still maintain his 16% stake before implement ESOS.

Posted by msports > 2016-02-01 02:27 | Report Abuse

Hopefully Erwin Selvarajah(no. 2 shareholder) will take note of Lin disposal. So if he buy another 7-8% he will takeover control of Msports since he never sell any of his shares.

Posted by msports > 2016-02-01 02:28 | Report Abuse

So if look at the picture in the website Msports own 5 buildings? Does the 5 buildings worth RM 20 plus million Msports currently fetch? How about other assets eg machineries, inventories(shoes), cash and others?

http://www.mzcan.com/taiwan/911626/irwebsite_c/index.php?mod=profile

Posted by Tom Merina Thomas > 2016-02-01 02:35 | Report Abuse

Does disposing ESOS shares is a good or bad thing? What does that mean?

Posted by msports > 2016-02-01 02:38 | Report Abuse

Our friend here said they sold the shares because they need the money to spend for coming CNY so should not be considered as bad. At least not use Msports money.

Posted by DreamEmperor > 2016-02-01 02:46 | Report Abuse

what is stlong sapot

Posted by show > 2016-02-01 07:34 | Report Abuse

this is a very weird way of selling his stakes, he could have easily make a "nice" announcement ( fake one also never mind, remember last time KNM announce want to take private but never happen ), let MSPORTS share price goes up, then only dispose .BUT he choose to dispose violently crashing down MSPORTS price. What is he trying to do ? Very obvious he does not want MSPORTS price to go up.

There is another individual in that intention to deal announcement, Lin LiYing ( CEO of MSPORTS ), her announcement has yet to come out. Lets hope she mops up all the shares and do a management take over of the company.

Posted by malinfan > 2016-02-01 07:36 | Report Abuse

means: ..... 收檔 ... 沙煲

this stock really makes you guys having nightmares in your sleep ... ?
whatever will be, lets it be . . . start planning your holidays with your family coming CNY ....

Posted by Tom Merina Thomas > 2016-02-01 08:02 | Report Abuse

It is really a nightmare stock.

Posted by show > 2016-02-01 08:19 | Report Abuse

yes.. horrible nightmare, hopefully we get rainbows after the thunder storm.

Posted by Chinaboleh > 2016-02-01 09:35 | Report Abuse

Erwin taking over is a high possibility. If he is the find out can he put Lin in jail?

Posted by PureBear > Jan 30, 2016 12:07 PM | Report Abuse

Another possible scenario:
If Lin sells all his shares then other substantial shareholder will take over the company & they will conduct a real audit & they may find out the discrepancy in accounting & Lin may go to jail!

Posted by leo1234567 > 2016-02-01 09:55 | Report Abuse

正常股價的高低，並不影響公司的運作，
只要財報是真實的，MSH能持續的獲利，那股價早晚會向淨值靠攏!(實施庫藏股或被購併)
往下歸0頂多再輸五分，往上的空間卻大了多，賭不賭?

Posted by PureBear > 2016-02-01 10:54 | Report Abuse

Why the ESOS dealings were so suspicious:

(1) When Lin exercised the ESOS in 13 November 2015, the exercise price was RM0.11 but the market prices was < RM0.095 from 23/10/15 onward. Only an idiot would do that.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4923009

(2) The ESOS (Date of offer: 19 October 2015) expires on 22 September 2020. Why exercised so soon? Sane people would wait until the market price rise above the exercise price before they exercise it.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4896445

(3) Why sell all the ESOS at average 4.6 sen so soon at 29 January 2016 in Open Market, around 2.5 months after exercising it?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4990865
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4990845

(4) From listing announcement, almost all the ESOS are exercised & listed on 17/11/15. Why almost all eligible employees exercised ESOS when market price is lower? (Total 77.622 M ESOS shares exercised at RM0.11 -> RM8.54 million injected into MSports.) (Lin’s parts are 7.762M + 3.811M (daughter’s) = 11.573M shares.)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4919957

All these are very puzzling, no plausible explanation unless you make an assumption:
‘Someone cooked up the book, the accounting is not right & most of the cash is fake.’

Then everything can be explained:

Lin try to inject cash into MSports by exercising ESOS & perhaps also hoping for some profit if price rises. All the ESOS from employees could be paid by him, i.e. he could be using the accounts of the employees & paid for the exercise of the ESOS. (Right issues is impossible since market price is lower than the Par Value of the share (2.5 cent USD). The issue price must not be lower than Par value.)

When the market price drop further, he cut loss & sell since he has no confidence with the company. He knew that most of the assets & cash are cooked up & simply not really there.

Posted by msports > 2016-02-01 12:12 | Report Abuse

I just checked purebear background and find how "reliable" is he.

Stock: [VIVOCOM]: INSTACOM GROUP BERHAD
Oct 9, 2012 06:05 PM | Report Abuse

The selected investors in the Private Placement (91.6M shares) & Offer for sale (51M shares) have profit of 50% & they may sell now.

The new substantial shareholders or directors, ie the owners of original Instacom, have (510M – 51M = 459M) shares but they may start selling part of their shares only after 6 months since their shares are under moratorium for 6 months. So the price may drop even further after 6 months!
http://klse.i3investor.com/servlets/cube/post/purebear.jsp?fp=3

Posted by msports > 2016-02-01 12:20 | Report Abuse

How Msports in Taiwan trade today after latest Lin news. Taiwanese shareholders is 3rd biggest Msports shareholders.
http://www.bloomberg.com/quote/911626:TT

Posted by leo1234567 > 2016-02-01 12:57 | Report Abuse

台灣的911626完全沒有成交量，參考性不大!

Posted by leo1234567 > 2016-02-01 13:33 | Report Abuse

當初IPO的價格是0.85，2009-2014年年賺錢，只配過一次股利0.0311，還有一次沒用的認股權證!
股價是一路崩跌到現在只剩0.05，應該所有持有股票的人都是賠錢!持有越多越久賠越慘!
檯面上董事長持股最多，卻是打壓股價的元兇，實在很不合常理!
若真想賣股票，想信若公司宣布買回庫藏股，也許不用實際花錢買，股價就上去了!要賣才好賣!
公司帳上那麼多錢，為什麼不?當初用0.85IPO，現在0.05收回去，沒風險又可增加大量的資本公積!
但董事長卻是選擇在市場上賣出，打壓股價!
萬般拉抬只為出!那萬般打壓有甚麼目的?
手上沒持股的人，恭喜您!避開了一場噩夢，還持有的只能自我勉勵，不要被迫在低檔被洗出場!
只要公司沒倒還在，就有機會，畢竟淨值那麼高，營運現金流量都是正數，倒的機會應該很低!

Posted by leo1234567 > 2016-02-01 14:25 | Report Abuse

Msports的簽證會計師事務所-RT LLP 與複核會計師事務所-勤業眾信聯合會計師事務所 ，
都算是很資深，很有經驗會計師事務所 ，要說財報與帳上現金都是假的，機率應該也不高!
但股價就是跌!總市值能跌到只剩公司帳上現金的十分之一，完全不合常理!
WHY?
WHY?
WHY?

Posted by malinfan > 2016-02-02 07:56 | Report Abuse

why why tell me why 。。。 沒有辦法做乖乖 我暗駡我這晚變得太壞 。哈哈哈哈!

Posted by Tom Merina Thomas > 2016-02-02 08:06 | Report Abuse

Almost time for trading. My stomach is upset thinking about msports. Why why I bought this counter. Regret big time.

Posted by show > 2016-02-02 09:02 | Report Abuse

how bad more can it go ? now hoping for Lin LiYing announcement, hopefully she takes up all those sold by Lin Houzhi and others who dump MSPORTS shares.

Posted by Tom Merina Thomas > 2016-02-02 10:00 | Report Abuse

How can msports share price in bursa malaysua keep decreasing but in Taiwan it is stabil. Doesn't make any sense.

Posted by bobojaja > 2016-02-02 10:31 | Report Abuse

ya man, no sense at all la. how? Chinese new year just 1 corner ahead, sell or hold?

Posted by bobojaja > 2016-02-02 10:33 | Report Abuse

nobody here is going at have a fat year, sigh!

Posted by bobojaja > 2016-02-02 10:36 | Report Abuse

but, distress nightmares.

Posted by bobojaja > 2016-02-02 11:17 | Report Abuse

槌槌槌....

Posted by malinfan > 2016-02-02 11:53 | Report Abuse

rickid, chinaboleh, msports, why no sound? you guys still there? ... I pray you guys not in ICU ya ...

Posted by Chinaboleh > 2016-02-02 12:08 | Report Abuse

SSE(China) rebound today after touching 52 week low yesterday. Will Msports follow?

http://finance.yahoo.com/q?s=000001.SS

Posted by hasimdaud > 2016-02-02 12:20 | Report Abuse

Dont touch this counter. Suck blood counter until you throw all your share unless
Mr Erwin take over this company.

Posted by malinfan > 2016-02-02 12:25 | Report Abuse

but..but.. there's a saying: YOU MUST BE BRAVE, WHEN OTHES ARE FEARFUL...

Posted by hasimdaud > 2016-02-02 12:36 | Report Abuse

Msports director not respect their shareholder(either major or small shareholders).
They always want to issue RI and dont know how to use RI money to expand
business.

Posted by malinfan > 2016-02-02 15:00 | Report Abuse

睇落,神仙都難救咗...

Posted by malinfan > 2016-02-02 16:15 | Report Abuse

what happened? what happened? .... tyre puncture liao la ....

Posted by show > 2016-02-02 16:22 | Report Abuse

someone go and sell 200,000 shares at 4.5sen, only to find out MSPORTS suddenly surge pass 5sen. Must have regretted big time. Lets hope MSPORTS will rise beyond 20sen to proof all these people wrong.

Posted by show > 2016-02-02 16:22 | Report Abuse

damm. again another one cant wait, sell at 5 sen now.

Posted by show > 2016-02-02 16:24 | Report Abuse

Lin Houzhi has been very disappointing, lets hope now Lin LiYing will be different.

Posted by show > 2016-02-02 16:51 | Report Abuse

WTF, someone just have to make it 4.5sen at last minute of trading.

Posted by hasimdaud > 2016-02-03 06:45 | Report Abuse

Miss Lin LiYing also sold more than 3 million share at the same time Mr Lin Houzhi sold
more than 7 million share.