Posted by bearsong > 2015-06-03 18:20 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4763265

Major shareholder keep selling warrant. I believe they don't have any intention to push the mother share up. Beware!!!!!

Another idiot still not show face yet.... stay tune to see their drama.

Posted by bearsong > 2015-06-03 18:39 | Report Abuse

Do you still thinking that all these china conman will share the treasures!!!

Posted by bearsong > 2015-06-03 18:47 | Report Abuse

Say that the NTA is RM3 now... If all warrants fully converted, NTA will drop to RM2. Warrant conversion at RM1, this mean that your warrant is worth RM1.... Why that stupid girl want to push out her tickets at only 0.1x cents? Think it carefully?

Posted by bearsong > 2015-06-03 18:52 | Report Abuse

Come on... We, Malaysian IQ average, but not stupid as what you think of us. China conman!!!

Posted by bearsong > 2015-06-03 19:20 | Report Abuse

Push up the mother share is for them to release the warrants at higher price. After that, they will dump the mother share again... This children tactic they also play.. lol

Posted by JackPoh > 2015-06-04 00:23 | Report Abuse

Goodays beasong,
Do you think retail investor can grab so many about 20 over million share?
No show behind this?

Posted by bearsong > 2015-06-04 08:55 | Report Abuse

I have no idea what show they want to make. But one thing very clear is all huge fishes are dump their warrant... you can check out the FR.

Posted by Rabbit2 > 2015-06-04 17:28 | Report Abuse

Very funny, date of change on the 20mil disposal by Ng Sio Peng is on 29/5/15 with the price of RM0.10 but total market volume of the warrants for that date is only 520,000 with the price range of between RM0.12 - 0.125

Posted by bearsong > 2015-06-04 18:12 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4764625

This idiot really long life.... lol

Posted by bearsong > 2015-06-04 18:14 | Report Abuse

You all keep buying and he keeps dumping...... this is why the share cannot shoot up. hahahaha..

Posted by Winner2020 > 2015-06-05 15:28 | Report Abuse

What is the purpose to keep selling down...

Posted by Joe18 > 2015-06-05 16:47 | Report Abuse

Highly suspicious as buyers suddenly withdrawn?? RSI shown overbought position. Are they farming out the shares for syndicates to play? Disposed 20 mil warrants at such cheaper price?

Posted by Joe18 > 2015-06-05 17:40 | Report Abuse

Major shareholder sold another 7 mil warrant @ 10 sens @#% & change in Board .... raising suspicions again...KYY any comments?

Posted by bearsong > 2015-06-05 18:21 | Report Abuse

OOI GUAN HOE >> leave and replace with >> Dato' HAJI RAMLY BIN HAJI ZAHARI.

Wow... solid background...

Years 1980 to 1981
Assistant District Officer in the Office of the Regional Council Dinding ( Manjong ) , Perak

Years 1981 to 1986
Assistant District Officer ( Development ) at the District Office in Larut, Matang & Selama Perak

Years 1986 to 1993
Assistant District Officer ( Land ) at the District Office in Pengkalan Hulu, Perak

1995 General Election (The 9th Term )
Won the General Election, representing Barisan Nasional. Elected as Ahli Dewan Undangan Negeri Manong. Elected as the Executive Counsellor Member of Perak Government (EXCO) holding the portfolio as the Chairman of Agriculture and Rural Development Committee.

1999 General Election (The 10th Term)
Won the General Election, representing Barisan Nasional. Elected as Ahli Undangan Negeri Manong. Elected as the Executive Counsellor Member of Perak Government (EXCO) holding the portfolio as the Chairman of the Entrepreneursh

2004 General Election (The 11th Term)
Won the General Election, representing Barisan Nasional. Elected as Ahli Undangan Negeri Manong. Elected as the Executive Counsellor Member of Perak Government (EXCO), holding the portfolio as the Chairman of the Entrepreneurship and Industrial Development Committee.

2008 General Election (The 12th Term)
Won the General Election, representing Barisan Nasional. Elected as Ahli Undangan Negeri Manong. On the 7th May 2009, I was elected as the Executive Counsellor Member of Perak Government (EXCO), holding the portfolio as the Chairman of Infrastructure, Pubic Facilities, Power and Water.

Posted by bearsong > 2015-06-05 18:24 | Report Abuse

MB downgrade to Director? Of cos share heading south... lol

Posted by bearsong > 2015-06-05 18:28 | Report Abuse

That idiot still has 16mil to dump... Who can go absorb?

Posted by bearsong > 2015-06-08 17:53 | Report Abuse

Wow... cheap sales!!

Posted by bearsong > 2015-06-08 17:55 | Report Abuse

Waiting that idiot at RM0.40, RM0.35 & RM0.30 .. kikiki

Posted by StockLearner > 2015-06-08 21:01 | Report Abuse

Today I cut loss all my Xinquan holdings. I found out 2 weird things to share with all.

1st, Xinquan's CEO mainly & top management guys obtain over RM10,000,000 annual income. Year after year, these people have salary increment greatly. So, if Xinquan's CEO don't sell off their shareholdings, they are OK. In XDL, Maxwell, Kstar, CAP & Msports, all these CEO & top management obtain less than RM5,000,000 annual income & some even lesser than RM2,500,000 annual income. What this indicates? Even without dividend given to shareholders, these top guys are OK financially.

2nd, it is said that GERTOP is one of the top 3 brands in China. But result may not be so. I found out that Taobao.com, other china top internet online shopping website got sales recorded for every brand. GERTOP in fact just got a few items hit over a few hundreds shoes or clothes sold. When I compare with Camel brands or other brands, other brands got thousands same type of shoes sold.

3rd, If Xinquan really got cash over RM700 million or over RM1.70 cash, it does not make sense at all for the top shareholders & CEO to sell off their warrants at 10 cents. After all, the conversion rate for warrant is RM1 + 10 cents = RM1.10.

4th, why wait till recently give 2 cents of dividend after the 10% private placement? Is it using the private placement cash to pay for the 2 cents of dividend?

5th, In China, I saw brands like Camel even has to do a lot of promotion to get sales done at better result. How come GERTOP brands can consecutively without stop to increase its selling price quarter after quarter without stop from 3 years ago till now? Is the brand really so attractive? If so, how come China online shopping's figure does not support what it says?

To all still hold Xinquan shares, GOOD LUCK. I abandon this ship liao.

Cheers...

Posted by StockLearner > 2015-06-08 21:02 | Report Abuse

Sorry, not 2 things, in fact, it is 5 things.

Posted by bearsong > 2015-06-08 22:05 | Report Abuse

If this is the case. Better don't touch the shit... Else later they come out another round of private placement and pay you another 2 cents. Share from 50 drop until 10... dangerous!!

Posted by bearsong > 2015-06-08 22:51 | Report Abuse

Xinquan no more hope.
Making so much but share can still drop more than 10% in a day.
Major Shareholder can dump so much warrants.
Idiot bought at 1 dollar but dump at so much discount price. He needs money to buy coffin?
Young Director become old Director...
Come on, they are selling shoes, accys and clothes, not open old folks home right?
Some more China company, why go hired Malay Director? They need to spend extra money for translator? Chicken talk to duck? If so, why don't go hired Ang Mo? Just like MAS, more quality ma.
A lot question marks right, so don't be greedy with the figure please!
Ask the conman get lost from KLSE.

Posted by mani_cum > 2015-06-10 14:14 | Report Abuse

chicken run .... haha

Posted by 687423 > 2015-06-11 12:39 | Report Abuse

Where is the cash amounting to hundreds of million RMB as claim by the previous annual report. Why need private placement , is it for raising cash to pay dividend ? Too mysterious and frightening to contemplate....

Posted by 687423 > 2015-06-11 12:43 | Report Abuse

Even the bravest warrior will turn chicken and run lah...not to mention small fry like us.

Posted by 687423 > 2015-06-11 12:46 | Report Abuse

Can't help to be cynical! Damn it....

Posted by AhSook AhKou > 2015-06-11 13:50 | Report Abuse

Could b another 1MBD ? Cash = ??? Lost in lingo , mahhhh

Posted by 687423 > 2015-06-11 14:44 | Report Abuse

In Cayman island or Singapore ,may I ask ?

Posted by AhSook AhKou > 2015-06-11 19:29 | Report Abuse

Macau mahhhh

Posted by 687423 > 2015-06-12 14:29 | Report Abuse

Never heard of cash rich co going for private placement followed by dividend distribution ...have you?

Posted by betulbetuicakap > 2015-06-14 00:23 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4765901

It is reported that Dato' HAJI RAMLY BIN HAJI ZAHARI is an Independent and Non Executive Director, but I have proof that it is not!

Posted by AhSook AhKou > 2015-06-14 12:17 | Report Abuse

Mayb he is the cheapest in town .........

Posted by AhSook AhKou > 2015-06-14 12:18 | Report Abuse

4sure Big buy comes Mon n more so if drop further for short term gain !! I will b there with no worries ........

Posted by pradeep > 2015-06-15 13:14 | Report Abuse

betulbetuicakap the announcemn mention he is the independant and non excutive director then what you mean he is not..

Posted by EdmundSSKoh > 2015-06-16 13:57 | Report Abuse

Anybody see RMB to MYR reach 1 to 1 coming?

Posted by bearsong > 2015-06-16 16:35 | Report Abuse

網購吸客‧中國百貨業掀關店潮
（中國‧上海16日訊）隨著網路購物興起，中國傳統百貨業面臨沉重壓力，北京、天津、山東等地已出現關店潮。專家指出，要留意對上游供應鏈和消費者權益帶來的連鎖效應。
經濟參考報今天報道，中國傳統百貨業出現的關店潮已在多地零零散散地發生，二、三線市場還不嚴重，東部沿海城市由於市場競爭相對激烈，發生頻率更高。
中國知名的王府井百貨已感受到涼意，第1季營收年減4.9%。繼2014年7月關閉廣東省湛江門市後，王府井也把湖南省株洲分公司股權全數轉讓，戰線不斷收縮。
電子商務衝擊是讓傳統百貨業走下坡的主因之一。中國國民經濟研究所長樊綱說，網購選購方便、價格親民、產品豐富，為購物提供全新體驗，這些都是傳統百貨業難以企及的。
北京富基融通科技公司董事長顏艷春認為，傳統百貨業專注用實體店面和淘寶、京東等電商業者抗衡，是拿自己的弱項硬拚別人的長處。
另一原因則是傳統百貨業同質化競爭加劇。北京朗姿服飾公司品牌管理中心總經理王國祥表示，中國很多商場裡的品牌都差不多，去哪家都一樣，有點“千店一面”。
報道引述專家說法指出，百貨熄燈恐引發房租拖欠問題，長期也可能對上游供應鏈帶來連鎖效應。中國各地政府應瞭解當地百貨業的發展狀況，劃分面臨關店風險的等級，及早因應。
專家建議，中國地方政府對經營不錯但資金緊繃的百貨業者可適當支持，對可能引發商業合約糾紛的提前介入。此外，還應妥善處理會員卡、預售卡等，避免百貨關店傷及顧客。

Posted by bearsong > 2015-06-16 16:37 | Report Abuse

Supermarkets are closing shop, what is the point to open more POS?

Posted by smartbeng > 2015-06-16 17:09 | Report Abuse

drop back to 0.405 level

Posted by EdmundSSKoh > 2015-06-17 08:19 | Report Abuse

Chinese market is still very much a traditional market. You still see them go to broker house with cash and even corruption they got caught with cash in their house. Online purchase is for bargain hunter and branded outlet is to show-off the wealth. Just like our neighboring country, the wealthy and rich willingly park the wealth to enjoy the life style with all the branded good.

Posted by AhSook AhKou > 2015-06-17 12:10 | Report Abuse

Dont forget weak Ringgit and income fr Yuan !!! Think deep lahhhh

Posted by superegg > 2015-06-17 13:38 | Report Abuse

what is the target price ?

Posted by EdmundSSKoh > 2015-06-17 16:16 | Report Abuse

Ringgit going to be weaker and more foreign fund is moving out of SEA. They are going north to China & HK. Think harder and deeper .... :)

Posted by Joe18 > 2015-06-17 18:23 | Report Abuse

Xinquan already on free fall for the past few trading days. If Xinquan is so profitable perhaps it's time for KYY together with a few shareholders accumulate the shares & kick out NG SIO PENG since she does not give investor confidence though Xinquan reporting profit with highest accm cash since its listing. Even XIE ZHIDONG who subscibed to the private placement was disappointed & sold off the shares. Perhaps should privatize & realize the CASH or use the cash to take over Msport to realize higher CASH. Xinquan share performance just defy logic as with weaker ringgit, earnings from Yuan conversion should be higher. After the appointment of UMNO politician as an independent director, the shares had been on downward trend, without a single day closed higher than precedent day.

Posted by EdmundSSKoh > 2015-06-18 13:28 | Report Abuse

How can Malaysia politician help went the market is China. You need Xi Jinping or Li Keqiang to help.

Posted by Joe18 > 2015-06-18 14:23 | Report Abuse

Yes stupidity knows no limit in appointing M'sian politician rather than professional (like accountant) unless something is brewing without our knowledge .... no added value unless d politician able to assist in getting supply contract for Xinquan ....

Posted by JackPoh > 2015-06-25 16:03 | Report Abuse

Changes in Director's Interest (S135)

XINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED


Information Compiled By KLSE

Particulars of Director

Name MADAM NG SIO PENG
Address 192 Rua do Canal Novo, 5th Floor, Block 12, Gamhoisan Garden, Macau.
Macao.
Descriptions(Class & nominal value) Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)


Type of transaction

Date of change

No of securities

Price Transacted (RM)


Disposed

22/06/2015

10,000,000

0.065



Circumstances by reason of which change has occurred Disposal of warrants - deemed interested by virtue of her shareholding in Tai Zhen Xiang Holdings Limited pursuant to Section 6A of the Companies Act, 1965 of Malaysia

Nature of interest Indirect

Consideration (if any)


Total no of securities after change

Direct (units) 38,697,605
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice 24/06/2015

Posted by Joe18 > 2015-06-25 20:13 | Report Abuse

What's happening to all the listed China Shoe Making firms? Looks like all the controlling shareholders were cashing out??? XDL, Multi-sport, Xinquan??? How to instill investor confidence when they are cashing out? Strangely they didn't do it when prices were good but only on depressed price & worst when the firms had accumulated so much cash.Can SC investigate such awkward transactions? How come when they disposed under private placement no news of new major shareholders as transactions involved more than 5% of paid up capital?

Posted by ayammudah > 2015-07-08 11:25 | Report Abuse

most China small company likes to cheat investor money, they cannot list at Shanghai, Shenzhen, Hong Kong or Singapore. so, they're coming here to list in Malaysia; because Malaysia Boleh, very easy to list. they're selling & cash out the money at deflating price after listing.

Posted by Joe18 > 2015-07-10 11:07 | Report Abuse

If that is the case, then they are not smart cheaters. Might as well play up the shares once declared good profit & dividend to cash out!

Posted by paperplane2 > 2015-07-10 13:40 | Report Abuse

all china stocks CRASH