Posted by pradeep > 2013-11-13 20:43 | Report Abuse

PerfectWin according to the chart yes

Posted by wintertime > 2013-11-13 20:57 | Report Abuse

My target is on wa

Posted by ccl88 > 2013-11-13 23:26 | Report Abuse

Actually, this counter is consider good already, although the market drop so much, it still can sustained at 0.36 and 0.14.
I saw many counter like ALAM, HAUAYANG, MAHSING,GHLSYS, GPACKET and IRIS dropped.
I'm not playing any contra, i will hold this stock, because i could see the potential of this counter

Posted by ccl88 > 2013-11-13 23:29 | Report Abuse

i was consider lucky, because i manage to escape from ALAM, sold my GPACKET, HUAYANG AND IRIS then came here.

Posted by alphajack > 2013-11-14 00:21 | Report Abuse

Of course la good bro, this counter is from China, technically not so affected by the local market here. Plus their cash reserves and profits are shady as hell man..Scary wo. Let's pray it does rebound to 0.40. Then I would take it and ciao lol

Posted by ccl88 > 2013-11-14 09:46 | Report Abuse

Volume halt....Seem like a big announcement going to come out soon....

Posted by ccl88 > 2013-11-14 09:49 | Report Abuse

sandra..
Hope we can keep in touch for this counter. You may email me if you have any additional info about this company.
cheechwan@yahoo.com

Posted by ccl88 > 2013-11-14 09:53 | Report Abuse

alphajack...
Just close your eye for this counter. seeing it all the time will make you more nervous...

Posted by sandrachoong > 2013-11-14 10:01 | Report Abuse

Ccl, if you track back my previous posts, i maintained that i was in the warrants at 7 sen. After a 100% gain, I'm still not taking profit. Maintain my target of at least 20 sen for the warrants and about 60 for the mother. I believe in my judgment. Just ignore the noise and ride the waves. I'll see you up there.

Posted by sandrachoong > 2013-11-14 10:03 | Report Abuse

Btw, xdl mother already had a 30% retracement from its high of 43.5 hit 2 weeks ago.

Posted by ccl88 > 2013-11-14 10:12 | Report Abuse

let ride the waves. Tks Sandra.

Posted by pradeep > 2013-11-14 12:14 | Report Abuse

I agree with Sandra

Posted by imlegend > 2013-11-14 13:35 | Report Abuse

en~ warrant price if compare with mother share ,it still too low, anyway have to wait and see end of this month,the right issue effect the price ,have to wait and see~

Posted by ccl88 > 2013-11-14 14:04 | Report Abuse

Right issue was price at 0.35, what is the average price of each right issue after plus minus the warrant and bonus shares? Just want to understand more about the conversion and price for each shares.

Posted by Sandra Choong > 2013-11-14 14:16 | Report Abuse

ccl, scroll up and read the explaination given by Mark Ding himself.

Posted by sheep > 2013-11-14 15:19 | Report Abuse

shud wait for T+3..very heavy volume. top heavy. very busty

Posted by pradeep > 2013-11-14 15:25 | Report Abuse

Sandra Choong it is a big discount but you must have holding power

Posted by Sandra Choong > 2013-11-14 15:29 | Report Abuse

i'm ready to hold till before the ex-date for the rights.

Posted by tomok81 > 2013-11-14 16:47 | Report Abuse

now mother share discount 60%....when it was 0.345 = 40%
meaning to say mother can go 0.86cents = 100%
warrant should be 2.5x lower than mother if 0.86/2.5 = 0.345/0.35
warrant now trading at 0.14cents only.........target for mother 86cents and warrant 35cents
now,
mother 0.345
warrant 0.14
already done the math for you.....
it's up for you to decide.....
should buy or not?
it's your money and yours to invest or keep in the bank savings for a whole year with less than 1% return.....
decide wisely.......

Posted by ccl88 > 2013-11-14 17:01 | Report Abuse

tomok - thanks for your calculation. =)

Posted by pradeep > 2013-11-14 20:35 | Report Abuse

The notice of the meeting is out on the 9.12.2013.

Posted by pradeep > 2013-11-14 20:36 | Report Abuse

The meeting is on the 9.12.2013

Posted by pradeep > 2013-11-14 20:37 | Report Abuse

See the price movement tomorrow

Posted by ahpok2 > 2013-11-15 07:08 | Report Abuse

http://www.chinapress.com.my/node/474944

Posted by pradeep > 2013-11-15 09:02 | Report Abuse

ahpok2 possible to translate in English I am not very good in IT

Posted by sandrachoong > 2013-11-15 09:49 | Report Abuse

What is it reported in China press? Can someone kindly explain?

Posted by tomok81 > 2013-11-15 10:09 | Report Abuse

i expect XDL quarter result end of this month going to be very good because they dare to give additional on the basis of four (4) Rights Shares for every twelve (12) existing Shares held and three (3) free Warrants 2014 and three (3) Bonus Shares for every four (4) Rights Shares subscribed for on the Entitlement Date.
this quarter result should be damn good for XDL!

Posted by tomok81 > 2013-11-15 10:14 | Report Abuse

so many goodies?
what do you think?
it's a clear fact this company's share going to rock!
i see mother share 69cents , warrant 30cents

Posted by ccl88 > 2013-11-15 10:25 | Report Abuse

Sandra, explain from my friends to me at the chinese press, many of the investor had no confident on the China stock because most of their business are not in Malaysia and hard to evaluate, furthermore many of the china company create a fake financial report.

In order to built the investor confident and their market value in Malaysia, the may need pay more dividen and bonus share.

Posted by Sandra Choong > 2013-11-15 10:35 | Report Abuse

ccl, think this is kinda same reporting as in Star last Saturday. That's ok, i'm holding my ground. The Chinese owners will pump up the share price in due course to make the rights issue attractive at 35 sen.

Posted by tomok81 > 2013-11-15 11:27 | Report Abuse

so what shall be the price of the warrant in the market now?
perhaps 30 cents?

Posted by tomok81 > 2013-11-15 11:35 | Report Abuse

Malaysian-listed China stocks see trade volume surge
ShareThis Posted on 14/11/2013 - 13:59
Lim Cian Yai
KUALA LUMPUR: China stocks on Bursa Malaysia have suddenly gained favour with investors.

Seven of nine listed counters have seen an increase in average trading volumes in the past month.

And market observers are perplexed by all the interest. Incidentally, the surge in trading volumes occurred after the three-day official visit of China’s President Xi Jinping to Malaysia on Oct 3.

The stocks are XingQuan International Sports Holdings Ltd, XiDeLang Holdings Ltd (XDL), Multi Sports Holdings Ltd, K-Star Sports Ltd, HB Global Ltd, China Ouhua Winery Holdings Ltd and China Automobile Parts Holdings Ltd (CAP).

The biggest gainer in trading volume over the last month was XDL, with a jump of 127.76%; followed by CAP, with 120.75% (see table). In terms of price, CAP was the biggest gainer, with a 27.94% rise; and XDL with 25%.

Two other Bursa-listed China counters – Maxwell International Bhd and China Stationery Ltd (CSL) – experienced some selling pressure, with their average trading volumes in the past month having slipped 54% and 36%, respectively.

The first counter to be listed on Bursa was XingQuan International, a Fujian-based shoemaker and sportswear manufacturer, which made its debut in July 2009 with an initial public offering price of RM1.71 per share.

“I have noticed a surge in trading interest in these counters recently, especially in XDL and CAP,” says a veteran broker. “Probably there are some speculative activities, leading to sharp increases in volume,” he points out, adding the trading of China counters is usually lukewarm.

In the case of CSL, the broker believes the decline in volume is associated with a disposal of shares by major shareholder Lead Champion Group Ltd. Lead Champion is controlled by CSL executive chairman Kwan Wing Yin and executive director Angus Kwan Chun Jut.

Despite the tanking share price, the two have been net sellers this year, resulting in Lead Champion’s stake in CSL being reduced from 71.85% in January to 23.43% currently.

On the other hand, CAP shares have been volatile. On Nov 7, the counter rose as much as 18.36% or nine sen to an intraday high of 58 sen in the morning session, before retreating 11.22% or 5.5 sen to close at 43.5 sen. This wiped out RM33 mil of CAP’s market capitalisation of RM294 mil the day before.

Head of research at JF Apex Securities Bhd Lee Chung Cheng concurred that speculation has lifted trading interest.

“To a certain extent, I think it relates to speculation activities by punters,” he tells FocusM.

“Some of these counters have announced some corporate exercises lately, such as CAP and XDL. However, I have no idea about the simultaneous rise in volumes for the seven counters,” he adds.

Footwear-maker XDL announced a rights issue on Sept 30 that included an issue of 322.66 million shares at 35 sen apiece, with free detachable warrants and bonus shares of up to 242 million. It has been reported that the company is in talks with Wal-Mart, the world’s largest retailer, about a deal potentially worth over RM100 mil.

CAP on Oct 3 proposed a private placement of 60 million shares and a bonus issue of 330 million warrants. It seeks to raise RM21 mil from the exercise, for working capital.

During Xi Jinping’s October visit to Malaysia, China and Malaysia inked a five-year strategic agreement to boost bilateral trade to US$160 bil by the end of 2017.

Last year, trade between the two nations reached an historic high of US$94.8 bil. This is also the fourth consecutive year of China being Malaysia’s largest trade partner; it is the fifth year running that Malaysia has been China’s biggest trade partner in Asean.

Lee, however, sees no relation between these anniversaries and trading interest in China counters.

Slumping share prices plus a tarnished corporate image stemming from the Singapore S-Chip scandal have steered investor interest away from China counters in the past few years.

S-Chips refer to China companies or companies with operations in China listed on the Singapore Exchange (SGX).

A number of S-Chips chose to list in Singapore either because they could not meet stringent standards imposed at home or they were too small to be considered.

With the aim of developing and enlarging its capital market size, SGX had wooed China companies to raise funds in Singapore. This led to a slew of China companies holding IPOs on the SGX; the public saw this as an opportunity to tap into China’s booming economy.

However, the performance of S-Chips fell short of expectations when a number of them were caught engaging in accounting fraud or suffering bankruptcy. And investors got their fingers badly burned when financial irregularities started surfacing in 2008.

JF Apex’s Lee says what added to local investor fears was HB Global (previously known as Sozo Global Ltd) which, on April 29, said it was delaying issuing its annual au

Posted by tomok81 > 2013-11-15 11:35 | Report Abuse

JF Apex’s Lee says what added to local investor fears was HB Global (previously known as Sozo Global Ltd) which, on April 29, said it was delaying issuing its annual audited financial statements for FY12.

The company slipped into Practice Note 17 status a week later, as external auditor Messrs Paul Wan & Co issued a disclaimer in the company’s financial statement, saying the firm “was unable to satisfactorily and independently substantiate the bank balance of the subsidiary company” of HB Global.

“They need to be more transparent in declaring their earnings and setting a dividend policy,” Lee says, when asked about the measures China firms should put in place to improve their reputation.

For full story, go to www.focusmalaysia.my, which also targets other Malaysian businesses.

Posted by pradeep > 2013-11-15 13:18 | Report Abuse

Tomok81 you have done a good job , Sandra we don't have to worry for XDL it is not the same as other Chinese stock, just because one Apple is bad all the other apples are bad . As far as I am concern we have to think in a matured manner the star reporters and etc do not how to evaluate the stock and strictly this is my opinion so as not to confuse the investors and our friends here. I stand by you all the way Sandra,

Posted by sandrachoong > 2013-11-15 13:31 | Report Abuse

The pump will come, don't worry pradeep

Posted by ccl88 > 2013-11-15 13:51 | Report Abuse

Suddenly strong wave hitting. I feel that Tsunami is on de way. Let hold tights...

Posted by alphajack > 2013-11-15 14:19 | Report Abuse

lol just 1% nia. Not yet la..

Posted by tomok81 > 2013-11-15 14:49 | Report Abuse

only xdl and cap moving......
the rest are cap ayam counters.....
be careful with cap the fund manager will take you in a hell of a ride if you enter at the wrong price......
xdl is much safer because the ride goes smoothly upward trend....
slow and steady....
don't forget xdl-wa too......

Posted by ccl88 > 2013-11-15 16:19 | Report Abuse

today price battle between 0.355 & 0.36
Seem like someone playing around with the price.

Posted by pradeep > 2013-11-15 16:20 | Report Abuse

Some profit taking????

Posted by ccl88 > 2013-11-15 16:32 | Report Abuse

This is sharks, must becareful...hope those small fish or contra player not being eaten.

Posted by sheep > 2013-11-15 16:35 | Report Abuse

yea. chinese companies

Posted by sheep > 2013-11-15 16:37 | Report Abuse

every where sharks. we should promote eating sharkfins..then the population will go down.

Posted by tomok81 > 2013-11-15 16:50 | Report Abuse

not profit taking but conta kakis......
they got no funds to cover on monday so today t+3 already if not force sell on Monday.......
i see the price minimum is 35 cents already......
hold till month end......

Posted by steviebull > 2013-11-15 16:51 | Report Abuse

wua.. shark eat 0.365

Posted by tomok81 > 2013-11-15 16:59 | Report Abuse

sharks aiming at this counter........
hold till month end......
sharks are circling the waterpark now......
later when they come there will be a humonguous feast where the sharks from Selat Malacca and South China Sea combine power.......

Posted by pradeep > 2013-11-16 11:33 | Report Abuse

Let us see the movement before the meeting and the result next week.

Posted by alphajack > 2013-11-16 18:51 | Report Abuse

As long as the volume exceeds 20k next week, a rise to 0.45 will be possible

Posted by anthonylow > 2013-11-17 14:33 | Report Abuse

BUY MORE N KEEP

Posted by tomok81 > 2013-11-18 10:14 | Report Abuse

hold till month end...
if nothing just jump ship......