Posted by FatFLOM > 2014-11-19 22:12 | Report Abuse

Amazing result : One quarter can made RM37.291m or EPS of 11 sen

Posted by FatFLOM > 2014-11-19 22:14 | Report Abuse

and NTA of RM 2.83 with projected PE of 0.84x !

Posted by FatFLOM > 2014-11-19 22:14 | Report Abuse

Market price of RM 0.37 is only 13% of the NTA

Posted by FatFLOM > 2014-11-19 22:15 | Report Abuse

Unbelievable result......but is the account REAL ???

Posted by FatFLOM > 2014-11-19 22:18 | Report Abuse

Given the market price which is akin to market confidence toward a stock, I am afraid general market reaction is that the account is in serious confidence crisis.

Posted by tasoke > 2014-11-19 23:17 | Report Abuse

kena tunggu sampai 0 PER baru blh beli, EPS ada betulkah, tak tau, A/C usaha di china, Malaysian tengok report shj.

Posted by kawelegen > 2014-11-20 04:06 | Report Abuse

If so much money why no div. something isn't right about this co.

Posted by JasonPoh > 2014-11-20 07:36 | Report Abuse

In the last AGM the executive chairman told the shareholders that he need the cash to do business, what an explanation!

Posted by titus > 2014-11-20 08:20 | Report Abuse

Mr. K should just mop up all the share and run the operation. NTA $2.8 vs 0.37 at current price? Also earning is so damm good. PE is less than 2.
2 yrs and you get back your ROI if you buy the company. Not to mentioned the cash cow.

Posted by wintane > 2014-11-20 09:27 | Report Abuse

market price should 0.37 x100/13 = 2.84

Posted by ct888 > 2014-11-20 09:38 | Report Abuse

There is no need wait 2 yrs (PE <2) as net cash is ~ rm1.6 . But nobody dare touch this counter so there is only one major seller and one major buyer. As can see peanut volume can swing the price both ways. The seller is obvious, Xie & co (most likely is proxy of big boss Xing quan), the buyer hidden behind. Can they be one and the same?

Posted by ct888 > 2014-11-20 09:44 | Report Abuse

I m stuck at avg price of 60+. Not buying and not selling (unless it goes above rm1). Just see how these china con man wayang

Posted by fellatarjonga > 2014-11-20 09:54 | Report Abuse

Xingquan shot up by 17% today! The Xingquan Q report was fantastic. They have prepared fake Chinese made eggs for their shareholders and potential shareholders. I noticed volume up today as many new investors are joining to try these Chinese fake eggs. Some even thanked them after having the fake eggs, not knowing that it will negatively affect their financial health.

Xingquan should just its tag to potential biggest company listed in Bursa Malaysia. Just like the guy who was arrested in Thailand recently, potential richest man in the world.

Posted by ketupatlazat > 2014-11-20 12:16 | Report Abuse

what thing does this company sells? shuttlecocks??

Posted by AyamGoreng > 2014-11-20 13:33 | Report Abuse

sports shoe

Posted by AyamGoreng > 2014-11-20 13:38 | Report Abuse

halo boss! pay me dividend please!

Posted by ct888 > 2014-11-20 14:14 | Report Abuse

Maybe should consider lodge police report china, how is possible a healthy operating company with net cash of rm 1.60 can trade below 50ct. Get police investigate

Posted by ct888 > 2014-11-20 14:17 | Report Abuse

Is like somebody sell u a ringgit note for 30 cts !!

Posted by ct888 > 2014-11-20 14:21 | Report Abuse

On top of that still give u foc a share in a profit generating company with listing status. Where on earth to find such investment but still nobody dare to buy ???

Posted by ct888 > 2014-11-20 14:22 | Report Abuse

Some more is validated by an intl audit firm in Malaysia. Simply unbelievable !!

Posted by show > 2014-11-20 14:22 | Report Abuse

XINQUAN is Timberland of China with their GERTOP brand. Just like what Li-Ning is to Nike and Adidas. Li-Ning already overtaken both Nike and Adidas... will GERTOP overtake Timberland ? from what I heard, GERTOP is going very strong in China.

Posted by AyamGoreng > 2014-11-20 14:46 | Report Abuse

very strong in China but can not pay us dividend? LOL............

Posted by show > 2014-11-20 14:57 | Report Abuse

According to the CEO, the company still need a lot of cash to grow the GERTOP brand, next year give dividend.

Posted by JasonPoh > 2014-11-20 15:19 | Report Abuse

i don't think the cash is there anymore. Too many question marks!

Posted by ct888 > 2014-11-20 15:49 | Report Abuse

Looks like only lodge police report to investigate only can know whether the cash is still there. Not even the auditor got any idea. If there r 100% certain cash is there, think they can easily find a big boss to sapu all. After all, is 30 cts for RM 1 cash. Where to find

Posted by AyamGoreng > 2014-11-20 16:03 | Report Abuse

earning 35c-50c per year can not give 1c-2c dividend? is that reasonable?

Posted by ktsk88 > 2014-11-20 16:07 | Report Abuse

Careful of China companies, always showing big profits but no dividends. All in the end is fraud accounting.

Posted by tasoke > 2014-11-20 16:19 | Report Abuse

mana ada cash la, tutup a/c bankin blk cash, lepas report drawn keluar cash, bohong besar besar china counter.

Posted by hamitouzhi > 2014-11-20 16:23 | Report Abuse

aiya! these are typical China company pattern; mostly 100% same-same styles:-
1. pre listed, promised by CEO to give dividend on yearly in his IPO prospectus.
2. after listed, reluctant to pay dividend or some just pay a bit for 1st 2 year only, later nomore.
3. then later share price go down to 1/3 of IPO price.
4. then suddenly bad thing happens, buisness go down, factory burnt, report canot came out & bra bra.
5. end up share price breaks the lowest records, again & again; 1/10 of IPO.

Posted by tasoke > 2014-11-20 16:49 | Report Abuse

counter ni tak guna punya, a/c byk cantik, cash in kata byk, tepi siapa tahu, kira kira , bursa ada abil berat kah? audit diapa punya di china, memang lulus lah a/c past.

Posted by JasonPoh > 2014-11-20 17:10 | Report Abuse

big throw down last minute

Posted by show > 2014-11-20 17:15 | Report Abuse

why u all so worry about dividend, after give dividend, share price also reduced by the dividend amount. Most important is capital gain. As company becomes bigger, company value grows bigger. If give dividend, less money to grow the company. XINQUAN looks real to me because they have sales outlet in most shopping malls in China, thousands of them.

Posted by hamitouzhi > 2014-11-20 17:26 | Report Abuse

why?
got dividend share price up up up la! example: Digi, Maxis, Uchitec & etc...
no dividend share price down down down la! example: XinQuan, Msports, CSL & etc...
you tahu tak tahu kah?

Posted by ct888 > 2014-11-20 17:45 | Report Abuse

Very high vol for warrant with good gain. Bullish sign technically

Posted by JasonPoh > 2014-11-20 18:07 | Report Abuse

I am very sure Xinquan doesn't have thousand of outlets, do far there are 109 outlets only

Posted by show > 2014-11-20 18:23 | Report Abuse

hamitouzhi, you have to be patience, let the company grow first. If more money are given out as dividends, they have less money to grow the company. You have to look a little bit further. If XINQUAN keeps cash and you see no growth, yes something is wrong BUT XINQUAN is growing at a very fast pace and they surely needs as much cash as possible to help the growth. IF you do not believe in them, simply don't buy it. Sorry Jason, what I meant was thousands of sales channels including the internet... you are right about their own sales outlets

Posted by show > 2014-11-20 18:24 | Report Abuse

in the early days of Digi, also no dividend for few years.

Posted by JasonPoh > 2014-11-20 19:50 | Report Abuse

No lah, Xinquan now depends solely on their sales outlets across Tier 2 cities in China

Posted by cktsiang > 2014-11-21 10:53 | Report Abuse

going tru their latest results, the co is doing fine, very very low pe, high nta and the share price is only below 45 sen, should grab before it shoots again, if only Div is payable, then interest in this ctr would be greater

Posted by saltedfish > 2014-11-21 11:18 | Report Abuse

Give up hope on China companies, this one also the same

Posted by saltedfish > 2014-11-21 11:19 | Report Abuse

Last time at least still got manufacturing but now Xinqaun is only a garment retailers

Posted by hamitouzhi > 2014-11-21 11:22 | Report Abuse

slow slow wait la! most China stock don't give dividend one; if give pay a little bit only & give also 1st 2 years only. please refer to 12's Bursa listed China company la! all rubbish company!

Posted by hamitouzhi > 2014-11-21 11:26 | Report Abuse

most of them doing well but they don't want to share the profits to small investor like us

Posted by hamitouzhi > 2014-11-21 11:34 | Report Abuse

make 50cent net profit canot give 1cent dividend ar? sigh...........

Posted by saltedfish > 2014-11-21 11:36 | Report Abuse

Conman lor

Posted by hamitouzhi > 2014-11-21 11:46 | Report Abuse

this stock's EPS almost same as share price lor !

Posted by JasonPoh > 2014-11-21 13:11 | Report Abuse

Too good to believe

Posted by cktsiang > 2014-11-21 13:52 | Report Abuse

Yes, I am have my doubts as well

Posted by saltedfish > 2014-11-21 16:13 | Report Abuse

Hands off dudes!

Posted by ct888 > 2014-11-21 20:32 | Report Abuse

China surprise announce interest rate cut and world mkt soar. Likely xinquan boss has insider info that explains the big up since yesterday.
A very cunning china man, he holds the trump card, call the shot here as only he knows the real status of the cash Xinquan got. All others like Kyy, auditor and ikan bilis like us can only guess