Actually Q1 good coz they do cost control especially on advertisement... i think Q2 good too... i miss the boat... see they grant option in july is an indication that the share price is bottom d...
yesterday closing is not impressive... suddenly threw at 0.195.... not sure whether the big shark or the owner willing want to push up the price to reflex the company value? the company profit is impressive and by looking at their balance sheet, it is good and very little loan and AR/AP are ok...i have faith in this company comparing to those china companies which have already closed down or suspended. the most impressive thing is they owner exercised so much warrants to bump in cash in XDL. if XDL is like other china companies listed in KLSE, the owner does not need to do so. A lot of people might lose faith in china companies here but this XDL is the exceptional one. Lets keep finger crossed on Thursday opening and future movement.
Don't be panic now, important to monitor this 2 day trade volume and price can be support at 0.195 above or not and to continue uptrend on next week...
This year in JUN 2018 got fund flow in this counter from Hong Kong hong Seng investment company, they buy in 10% share from open market via warrant conversion... should be positive businese growing to this counter and let more investor confidence again to contine hold this share....
I think this counter big chance to issue bonus again at end of the year...due to continue 3 year profit grow and Mr Ding continue propose bonus issue to reward shareholder ...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mkmk
1,514 posts
Posted by mkmk > 2018-08-16 19:34 | Report Abuse
When is the qtr result out?