Posted by Msports > 2016-05-03 09:38 | Report Abuse

Why Lin Huozhi can sign on so many years Msports annual report if not true?

Posted by bearguy > 2016-05-03 09:43 | Report Abuse

hahaha.. this is getting interesting. In another 1 week after suspension let see what Tah and Chinaboleh going to express their opinion.

Posted by Msports > 2016-05-03 09:44 | Report Abuse

Dear Paramjit Singh(a lawyer) can someone simply sign on AR and not taking any responsibility on trueness allowed by law?

Posted by PureBear > 2016-05-03 09:51 | Report Abuse

Countdown to SUSPENSION (10/5/16): T – 5 trading days

“… has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") … within the stipulated timeframe i.e. 30 April 2016 …”, “the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 …”
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5082145

Whether you want to sell (to cut loss) or buy (for those brave hearts who believe in miracles), you better act fast since time is running out, tick tick tick ...

The management targeted 2 months after end Apr to release AR, hence it may be suspended for at least 2 months.

Worst case scenario is the external auditors discover the accounting fraud & hence AR cannot be released 6 months after end Apr then de-listing procedures shall be commenced against MSPORTS

“MSPORTS targets to issue and submit its AR to Bursa Securities not later than 2 months from 30 April 2016.”, “… the suspension will be effected on 10 May 2016.”, “… if MSPORTS fails to issue the AR within 6 months from the expiry of the Timeframe, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against MSPORTS.”
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5068249

Posted by malinfan > 2016-05-03 09:58 | Report Abuse

................................... ♪ ♫ ♪ ♫ ♪ ♫ ♪ ♫

Posted by hasimdaud > 2016-05-03 10:06 | Report Abuse

Where is Mr Paramjit and Mr Erwin?

Posted by Good_News > 2016-05-03 10:16 | Report Abuse

They have gone to China to conduct auditing alongside Msports auditor.

Posted by hasimdaud > May 3, 2016 10:06 AM | Report Abuse
Where is Mr Paramjit and Mr Erwin?

Posted by Good_News > 2016-05-03 10:26 | Report Abuse

No surprise on AR delay issue because Paramjit Singh and Erwin want no hanky panky on Msports account.

Posted by rockycleft > 2016-05-03 10:50 | Report Abuse

U still invest? Haha.......

Posted by laricepat > 2016-05-03 11:24 | Report Abuse

no hope....

Posted by Mohd Fahmi Bin Jaes > 2016-05-03 11:27 | Report Abuse

http://www.theedgemarkets.com/my/article/bursa-warns-maxwell-multi-sports-share-trade-suspension

Posted by Chinaboleh > 2016-05-03 11:29 | Report Abuse

If Taiwanese can why not? Accounting delay not only in M'sia but in Taiwan also. M'sian so smart(?) to sell at 3.5 sen perhaps Taiwanese should learn from us.
http://www.bloomberg.com/quote/911626:TT

Posted by rockycleft > May 3, 2016 10:50 AM | Report Abuse
U still invest? Haha.......

Posted by TAH > 2016-05-03 12:37 | Report Abuse

Just now, I did a ROIC calculation base on AR 2014 , I found its ROIC is 19%. not bad mah.

Posted by TAH > 2016-05-03 15:45 | Report Abuse

I go through the bursa web site to see any news, wow! another announcement , suspension of trading. This time date given. The toilet bowl is still dirty I thing, so they need another flush up.
I understand a lot of retail players got stuck in this counter , no more bullets to buy . I give u the mantra. shift counters. . I am using this mantra to further buy. Low risk but high gain. Pls don't follow me if u cannot afford to lose.

Posted by TAH > 2016-05-03 16:04 | Report Abuse

A stock to watch n ponder, why I say so becos a seemly good counter selling 3.5sen cheaper than a roll of toilet paper , ridiculous right!
So what must u do ?

Posted by malinfan > 2016-05-03 16:38 | Report Abuse

TAH ... ooh' TAH ... wake up pls, do u konw you are sitting in a titanic ... ¿¿¿

Posted by TAH > 2016-05-03 16:47 | Report Abuse

I am prepare for it

Posted by rockycleft > 2016-05-03 16:59 | Report Abuse

?...

Posted by rockycleft > 2016-05-03 17:02 | Report Abuse

Collapsed

Posted by TAH > 2016-05-03 17:04 | Report Abuse

Until now, the 2 new major shareholders never sell a single share,this explain the potential of this stock.

Posted by bearguy > 2016-05-03 17:14 | Report Abuse

If you can see they sell, they will be caught by insider trading and money laundering already. Omg.

Posted by bearguy > 2016-05-03 17:15 | Report Abuse

They need to arrange DBT with others and pay with some under table money. So some1 will take up the portion and the other party get off from the caught.

Posted by ivan9511 > 2016-05-03 18:29 | Report Abuse

actaully be fair to say, actually I also q at 0.03 and already bougth in at 0.035.
but I really hope someone who want to sell at 0.03, must think carefully,because you will regret one.
Msports still doing business , not delisted, business still there , factory still working hard everday.
this counter got big popential, check their cash and nta first before you sell.
If you sell , I really thanks for that .

Posted by PureBear > 2016-05-03 18:46 | Report Abuse

If the accounting cannot be trusted then whatever ROIC, ROE, PER, NTA, P/BV, Net cash, are all junks!

One of the important investment decisions is the credibility of the management. We are passive investors, if the management cannot be trusted then no point investing in that company!

Posted by TAH > 2016-05-03 22:17 | Report Abuse

Today total transactions volume is 9.714ms. In details as below:
3sen -------------- 1.086ms
buy 3.5sen ------ 4.643ms
sell 3.5sen ------- 3.985ms

Explanation
3 sen from contra kaki whom they bought on 27/4/16
For 3.5sen, the buying power more than selling.

Good sign

Posted by malinfan > 2016-05-04 09:49 | Report Abuse

errr...where's those "pepsi-cola" and "kick-a-poo" fans ¿¿¿ ...,hahahaha'

Posted by PureBear > 2016-05-04 09:56 | Report Abuse

Countdown to SUSPENSION (10/5/16): T – 4 trading days

Selling pressure is getting more intense as we are approaching the suspension day. Maxwell, the comrade of MSports, which is also having the same suspension on the same day, trades at 2.5 sen now.

Posted by Chinaboleh > 2016-05-04 10:02 | Report Abuse

Still no news Paramjit/Lin/Erwin behind recent selling. So who actually sold? Retailers who fear delisting if accounting delay?

Posted by Chinaboleh > 2016-05-04 10:04 | Report Abuse

Msports is producing shoes; product anyone can buy even with some amount of money unlike house or car.

Posted by malinfan > 2016-05-04 10:39 | Report Abuse

funny prince, beware ... later ppl here will ask u to "get lost" ohh!

Posted by bearguy > 2016-05-04 10:48 | Report Abuse

http://klse.i3investor.com/blogs/ncnscscn/88989.jsp
http://klse.i3investor.com/blogs/ncnscscn/89011.jsp

In case you guys not familiar with china sport company that listed in malaysia

Posted by TAH > 2016-05-04 10:53 | Report Abuse

Accounting software are so advance nowadays, possibility of producing AR2015 on last minute. Even if they cannot do it on time, the most we wait only 2 months mah ! We think of risk reward. Low risk but high reward.

Posted by TAH > 2016-05-04 12:43 | Report Abuse

Many investors say Msport is a fraud company. But when I asked them what the company doing? The answer I don" know. n my remisers said don't buy, without any further illustration. The news paper or medias also say so. So u see very bad reputation. Is Msport that bad, worth only now 3 sen, cheaper then a roll of toilet paper. Ridiculous right ? And becos of this bad publicity create opportunity for the syndicates to batter to extremely low beyond anybody imagination.

For your information, this company existing for 7 yrs, n making money all the time except 2015. only small loss. Why small loss? I think many people don't know. The small loss is due to CAPEX. for venturing in new business i.e. the Apparel n Accessory. This small loss is understandable if u r a businessman. It takes sometime to recover your capital right? Will the company suspend on due date nobody know for sure . With advance accounting software, nowadays .who know they can produce on time. .So don' t panic selling & remember ,the 2 big new investors until now not even sell a single share.

Posted by PureBear > 2016-05-04 12:59 | Report Abuse

麦斯威和华运交不出年报 龙筹股山雨欲来？
http://www.nanyang.com/node/759723?tid=462

卢文豪认为，龙筹股没有提供强劲基本面证据，可以推高投资者的信心，反而加深市场对这类股的疑虑，特别是账目的真实性。

他说，龙筹股在表面上交出亮眼的业绩，且拥有庞大的现金，但却仍需要通过发行附加股集资，更重要的是，股息也不高，甚至没有派发股息，这令人不得不怀疑他们的账目。

此外，InterPacific研究主管冯廷秀则表示，一向都不鼓励投资者买龙筹股，因为这些公司的营运不在大马，而分析员也不常到中国了解这些公司的发展进度。

“中国经济变化太快，我们难以完全掌握这些公司的运作和发展。”

卢文豪认为，龙筹股在大马上市越久，就会浮现越多问题，所以建议投资者避开龙筹股。

“我认为，一般上在这些龙筹股上市两年后，假设股价持续下跌，而且出现更多问题，投资者最好不要碰，以免烧伤手。”

Posted by rockycleft > 2016-05-04 13:15 | Report Abuse

No more SHOW.......

Posted by Msports > 2016-05-04 13:20 | Report Abuse

What to do? M'sia too smart to sell at 3 sen. Why Taiwanese doesn't feel bad abt acctg delay?
http://www.bloomberg.com/quote/911626:TT

Posted by Msports > 2016-05-04 13:23 | Report Abuse

M'sia only think China companies don't pay dividend. So when is Syscorp dividend?

Posted by leno > 2016-05-04 14:09 |

Post removed.Why?

Posted by TAH > 2016-05-04 15:13 | Report Abuse

Why so worry of accounting delay? My observation is that this is one of the tactic used by the insiders. to panic the uninformed investors. I believe the margin investors are flush out if they margined to the limit . .Actually , as a investors, we have to worry abt company in huge debt , no cash flow n lost money . This company don't have this issues mah! I believe the sellers must be not from i3 investors.

Posted by rockycleft > 2016-05-04 15:45 | Report Abuse

How to wrap fire with paper!

Posted by TAH > 2016-05-04 15:52 | Report Abuse

I believe the I3 investors are all smart investors ,they are willing to take low risk but high gain. Investing in shares is just like doing business.There is always a risk.

Posted by leno > 2016-05-04 15:57 |

Post removed.Why?

Posted by rockycleft > 2016-05-04 16:21 | Report Abuse

Invest? No thanks. Roller coaster rides only.

Posted by TAH > 2016-05-04 16:41 | Report Abuse

Share market is a place where investors make or lost money. If u cannot afford to loose money , then u are in the wrong place.

Posted by TAH > 2016-05-04 16:49 | Report Abuse

Wow ! volume quite high , still got a lot of kaki contra.

Posted by Play00 > 2016-05-04 21:26 | Report Abuse

Still so many ppl support here. Good

Posted by Play00 > 2016-05-04 21:27 | Report Abuse

Good luck everyone !

Posted by TAH > 2016-05-04 21:53 | Report Abuse

Share is just like a ball , after touching bottom must rebound.

Posted by TAH > 2016-05-04 22:10 | Report Abuse

Many china stocks do not give dividend even though they are cash rich. Chinaman are 'kedekut' but Arab people are very generous they donate 2.6b to our PM. Don't play2 oh!

Posted by TAH > 2016-05-05 08:24 | Report Abuse

Tik toc tik toc, time is running up ,those who panic sold or sold hopefully to buy at 1sen better consider to buy back , limit up when AR2015 is produce on time OH!