Posted by hamitouzhi > 2014-10-30 11:05 | Report Abuse

warrant $0.05 USD

Posted by eftee > 2014-10-30 12:08 | Report Abuse

How much will the warrants be worth?

Posted by robertzz > 2014-10-30 15:33 | Report Abuse

为提高市场竞争力，华运控股（MSports，5150，主板消费产品股）不排除正部署以注资或并购活动的方式，将业务全面延伸至上、中、下游领域。

为此，该集团目前也在尝试生产中高端拖鞋，不再将业务专注在现有的半成品，但也探讨终端成品。

一旦这些计划能够全面落实，将是华运控股最大的催化剂，并且有望提高其估值。

华运控股是一家提供专业鞋底一站式服务的集团，主要业务为运动休闲鞋鞋底研发设计、生产和销售运动鞋底。

该集团在中国福建省晋江市，是家名列五大的鞋底专业制造商，是该区少数提供研发设计并采一站式制造的鞋材制造商。

晋江市拥有“中国鞋都”之称号，也是全世界最大的运动鞋制造中心，占全球运动鞋产量约五分之一。

该集团的产品范围，已从单一的橡胶鞋设计，发展成为以四种主要类型鞋底，既RB鞋底、TPR鞋底、EVA MD I鞋底和EVA MD II鞋底，并拥有约300款设计。

华运控股拥有超过300家机构顾客，主要提供给中国各中阶运动休闲鞋品牌商，如三六一度、喜得龙和德尔惠等。

目前，该集团的产能，已从上市前的每年大约2460万双，提高至4500万双，迈向7460万双目标前进。

创办人、执行董事兼总执行长林火枝，在鞋底生产业中拥有超过20年的经验。

他是最早参与晋江市制鞋生产的企业家之一。

此外，他也曾协助晋江市经济增长，并发展成为中国运动鞋的开拓者之一。

华运控股是于2009年在我国上市，然而，龙筹股的估值一直被低估，无法成为过江猛龙。

在稳固马股上市状况的同时，以及为借力推高估值，该集团通过二次上市，在去年发行台湾存托凭证（TDR）。

寻求海外并购目标

华运控股选择在台湾二次上市，主要是因当地的制鞋领域发达，当地投资者对于鞋材行业也比较在行，藉此向台湾投资者推介相对熟悉的中国公司。

据了解，该集团近期在海内外积极寻求合适目标，期望以注资或并购方式，延伸制鞋领域上中下游的布局，以增强其长远的市场竞争力，并且可达到营运综效与垂直一体化领域链的效益。

为此，在未来规划方面，该集团也将从现有的半成品，延伸到终端成品，而目前也开始对一些中高端拖鞋生产有所尝试。

Posted by cclim88 > 2014-10-30 16:17 | Report Abuse

Good news or bad news? Or just buy for the warrants?

Posted by eftee > 2014-10-30 16:20 | Report Abuse

Where can go lower. It came down from around 25

Posted by ahson > 2014-10-30 16:33 | Report Abuse

hold till tomorrow 5pm. Then we will be entitled for free warrant. LOL

Posted by robertzz > 2014-10-30 16:37 | Report Abuse

from this article, I can foresee the company is trying to find more opportunity.. and definitely is a good news, just depends whether you have the holding power?

but I can firm that someone will non stop spreading the bad news about this counter ~~~ hahaha... you know who you are.. not even stay firm with your comment and keep on delete it once comment... joker of the century..

stay strong with yr decision and wait for the correction...

Posted by cclim88 > 2014-10-30 16:55 | Report Abuse

Any news regarding the warrant conversion price? 0.05 usd?

Posted by ahson > 2014-10-30 16:58 | Report Abuse

I thought the exercise price @ 0.18?

Posted by kheng > 2014-10-30 17:16 | Report Abuse

Lin has no choice but to push up the stock price in order to clear his warrants with attractive price. Bought somemore today.

Posted by ks55 > 2014-10-30 17:35 | Report Abuse

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!!!!

Posted by Secrecy > 2014-10-30 17:55 | Report Abuse

I got few BIG and IMPORTANT questions.
1:Why director, LIN , sold his shares? More than 15% from his holdings , figures according to annual report , if the value calculated back to the time of right issue in 2010 , right issue is 0.58 cents . He likely to be at lost . He disposed virtually each stage of price , at 0.16 , 0.165 ,....( according to reliable Bursa Portal )
2: Bonus issue and free warrant's ex-date are on 3/Nov . Those are free , if he still held without disposal , he was entitled for it , was free . However , he did not want , why? He was the decider of bonus issue .
3: Allegedly Substantial shareholder come in , why not dealing in closing market ? Lin can simply sell to him under everyday closing price or below market without effecting current market price , fair enough . However , he had chosen to dispose in open market , why?
4: Lin as a director and founder , if he had prospect that this company having bright future , he should stand with investors , by the proof of holdings . Why?
5: I'm not jeopardizing but analyzing .
6: I'm also an holder .
7: I'm also holder of public bank , founder of public bank had increased his holdings to stand with investors , why?

Posted by leelc70 > 2014-10-30 19:44 | Report Abuse

secrecy, pls dispose yours as soon as possible

Posted by Secrecy > 2014-10-30 20:02 | Report Abuse

Am I supposed to do so, leelc70 ?
What is your reason?

Posted by ks55 > 2014-10-30 21:27 | Report Abuse

Ask Mercury Securities Sdn Bhd, their analyst has been asking client to buy and hold since 12 Apr 2011 @ 49.5sen. Most recent call was on 26 Aug 2014 @ 22.5sen.

Posted by kheng > 2014-10-30 22:50 | Report Abuse

Secrecy, just follow your instinct n close your eyes to sell your shares to rid you of the headache so as u can stay investing profitably for longer time period. You hv a very thorough analysis to back up your investment decision. Tomorrow is the d-day b4 the stock price crush.

Posted by James Lim > 2014-10-30 22:59 | Report Abuse

i am preparing the stock price crush. what to do lim want to cheat lim.

Posted by kheng > 2014-10-30 23:02 | Report Abuse

Perhaps Lin has a deal with the new share acquirer who promised to push up the stock price by 50% post-bonus issue if Lin is willing to sell him 15% of his share holding at 16/17cts range to create a win-win situation. Lin can then dispose his warrants at much more attractive prices.

Posted by leelc70 > 2014-10-31 09:42 | Report Abuse

secrecy, since most of your concern can not be addressed, it is wise to disposed off all. I got difference view of point and willing to hold and even top up some to average the cost. Lets see the outcome by this few month times. Cheers

Posted by kheng > 2014-10-31 09:52 | Report Abuse

New ms will emerge soon. Lin has to sell more at 16cts to meet his obligation if nobody else is selling. Hence, will close at 16cts today.

Posted by rlch > 2014-10-31 13:56 | Report Abuse

Normally I will think director disposal as bad news. However maybe Lin HuoZhi think he hold too much shares and willing to sell cheaply to retail investors(others not sure) for us to average down our buying cost before free warrants issue. Myself collect more today after trying but fail to buy at 15.5sen, lowest ever price. XDL recover somewhat today, can Msports follow?

Posted by rlch > 2014-10-31 14:15 | Report Abuse

What will Lin HuoZhi do with money from recent disposals?
1) Convert warrant
2) Buy more shares w/o free warrant?

Posted by ahson > 2014-10-31 14:39 | Report Abuse

the exercise price @ 0.05 usd/ rm 0.15? so what is the warrant price would be?

Posted by leelc70 > 2014-10-31 17:59 | Report Abuse

exercise price clearly stated at 0.18, what ever price warrant listed now is underwater, because mother share price close at 0.165.

Posted by cclim88 > 2014-10-31 19:33 | Report Abuse

So, buy or sell on Monday?

Posted by dotdotdot > 2014-10-31 19:38 | Report Abuse

maybe the new shareholders is anak najis... then it will surge like rocket to rm1... hehehehe

Posted by son7 > 2014-10-31 19:43 | Report Abuse

finally lin no more dispose share today :F

Posted by leelc70 > 2014-10-31 22:27 | Report Abuse

there is no price adjusted for the free warrant in theory. But I will happy if the price rise + the additional free warrant after ex :)

Posted by kucingmanja > 2014-11-01 02:45 | Report Abuse

Saya dah beli msports pada 29/10 (rabu) dan 30/10 (khamis) dgn hg 0.16
Jika pada hari isnin 3/11 (ex-date free warrant) saya tak pickup...tapi jual, layak tak saya dapat free warrant. Kalau layak bila saya boleh jual free warrant tersebut. Minta tolong rakan disini beri komen. Saya adalah pelabur baru...

Posted by ANWF > 2014-11-02 13:15 | Report Abuse

what is the warrant story here?

Posted by rlch > 2014-11-02 19:48 | Report Abuse

I treat Lin Huozhi recent disposal as like Msports going for 2nd time IPO albeit at cheaper price and sure get as IPO involve major shareholder selling portion of their shareholdings. Of course he still remain as major shareholder with latest 34% stake which is even more than Teh Hong Piow percentage stake in Public Bank. Of course those buying Msports is eyeing free warrant as the main reason to buy.

Posted by rlch > 2014-11-02 20:40 | Report Abuse

If Msports can jump to 30sen(PE still low) and warrant 15sen, I can double my money.

Posted by charlie chia > 2014-11-02 21:37 | Report Abuse

Hope your wish will be granted

Posted by Heng611 > 2014-11-03 03:23 | Report Abuse

sell the mother becoz he want to buy warrant at low price, and then push up mother to 50sen

Posted by countfind > 2014-11-03 07:05 | Report Abuse

when warrant will be traded? Nov 6th?

Posted by rlch > 2014-11-03 07:35 | Report Abuse

Still no news. Call Tricor(registar) if want to know.

Posted by ahson > 2014-11-03 09:14 | Report Abuse

today down like hell :(

Posted by solvent > 2014-11-03 09:38 | Report Abuse

Cash RM279.71 M, all liabilities RM55M, net cash RM223M , Share outstanding RM517.5M.
Net cash per share = RM0.43.
Ask yourself, if you are the owner, will you selling your company shares?
Will you exchange your USD 1 for RM 1 ? Yes, i will because i know well my USD is counterfeit money and RM is real and clean ....................................

If the cash is there, kids also know what to do, give out dividend or do share buy back.......

Posted by diqiuhao > 2014-11-03 09:53 | Report Abuse

financial statement manipulation

Posted by ahson > 2014-11-03 09:56 | Report Abuse

diqiuhao, any official statement about ur statement?

Posted by Danny Siew > 2014-11-03 09:56 | Report Abuse

not down like hell, adjustment ! mother last closing @0.165, warrant set to kick off @0.05, so ... mother currently worth @ 0.140 ( back to 0.165 )

Posted by Danny Siew > 2014-11-03 10:35 | Report Abuse

today ex-date mean : friday u buy mother share, u entitle for free warrant.
today u buy, " sorry, no free warrant ) !

Posted by Danny Siew > 2014-11-03 10:39 | Report Abuse

that's why today u can buy mother share @0.140. becos, no free warrant liao ma...

Posted by Danny Siew > 2014-11-03 10:43 | Report Abuse

warrant set to trade @0.05 sen. 1 for 2 holding mother share, so, (0.025 + 0.140 = 0.165 ) back to friday closing price.

Posted by ahson > 2014-11-03 10:44 | Report Abuse

Danny, ur analysis seem like macam yes :D

Posted by hamitouzhi > 2014-11-03 10:48 | Report Abuse

warrant = 0.05 USD = RM 0.16

Posted by hamitouzhi > 2014-11-03 10:50 | Report Abuse

mother share price now is below warrant exercise price 18 cent

Posted by countfind > 2014-11-03 11:19 | Report Abuse

so mother will be pushed up lor..no worries

Posted by Bhai > 2014-11-03 11:22 | Report Abuse

Heng611, u made a good point:

Heng611 sell the mother becoz he want to buy warrant at low price, and then push up mother to 50sen

03/11/2014 03:23

Posted by Bhai > 2014-11-03 11:26 | Report Abuse

yes, it is cheap, but Lin will not push up the price now, not until he accumulate enough cheap-warrant with his mother share sold recently.