The corporation with Seacera to distribute PPE is not a fairly tale story, not a rumours or dongeng story, the news was black and white published in BURSA, don't easily listen here and there, can study by yourself....study the facts and data...don't simply believe in me or anybody, think wisely and survey by yourself is it just a goreng story, fade news....XDL today is not XDL yesterday anymore...
Those who have sold at 0.055 & 0.06 must have regreted now. Missed 17-27% profit. Huge rewards for those who BELIEVED in xdl and held on tightly to their share.
After the good news published, all the doubts were cleared, believe that majority of share holders will hold tightly their share.
Many had realized that it is no worth anymore to play gain 0.005 cents hit and run, but willing to waiting for bigger rewards.
Your patience worth for it, Rome was not builded in one day, don't give up at last minute, you have come so close to the peak, NOW is the moment for XDL...
For those who had been sold out at lower price previously had start to buy back the share as current price still considered very cheap, undervalued, plenty of room to surge further.....as XDL deserved for better, you knew it!
Usually analysed from XDL rallies in the past, it will last for few weeks before correction. However do take note that they are selling market hottest products ie MASKS AND PROTECTIVE GEARS, better than gloves.
Yes Omaha, XDL is selling market hottest products ie MASKS AND PROTECTIVE GEARS, better than gloves. On the others word, this business is making crazy profits!
That's why XDL is worth to hold now. The PE value is still much more lower compared with glove counters, will attracts more and more investors...
"We refer to your Company’s announcement dated 3 June 2020, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
1) Notwithstanding that the business operation of XDL is principally involved in the design, manufacturing and marketing of sports shoes as well as design and marketing of sports apparel, accessories and equipment, it is noted that XDL intends to manufacture the protective clothing products by using its existing production facilities.
In this regard, please provide the following additional information:-
(i) location and size of the production facilities that will be used to produce protective clothing products; and
(ii) total cost/capital expenditure required, expected timelines (commencement and completion date) to modify the existing production facilities and to commercialise the production.
2) Note that the protective clothing products is for non-medical purposes, please provide greater details on the types and usage of protective clothing and specify the target market segment.
3) Given that Seacera Group Berhad ("Seacera") is principally engaged in tiles, construction and property business segments and have no prior experience in dealing with the protective clothing products, please provide further justification for XDL to appoint Seacera as the exclusive distributor with the exclusive right to resell and distribute XDL’s protective clothing products (non-medical purpose) in all states of Malaysia.
4) Further clarification on whether the distribution of protective clothing products requires Malaysia’s regulatory approval prior to it being sold to the public.
5) Investment risks for venturing into production of protective clothing products upon taking into consideration the business prospects in Malaysia.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Yours faithfully, Listing
Regulation
That XDL had on 4 June 2020 received letter of query from Bursa Malaysia Securitis Berhad ("Bursa Securities") pertaining to the Exclusive Distribution Agreement"
BURSA MALAYSIA SECURITIES BERHAD’S QUERIES DATED 4 JUNE 2020 XIDELANG HOLDINGS LTD ("XDL" OR "THE COMPANY") EXCLUSIVE DISTRIBUTION AGREEMENT BETWEEN XDL AND SEACERA POLYMER SDN BHD We refer to the announcement by the Company dated 3 June 2020 (“Announcement”) and the query by Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 4 June 2020 in relation to the Agreement. Unless otherwise stated, defined terms used in this reply shall have the same meanings as those used in the Announcement. The Company wishes to provide the following additional information pursuant to the abovementioned query: 1. Notwithstanding that the business operation of XDL is principally involved in the design, manufacturing and marketing of sports shoes as well as design and marketing of sports apparel, accessories and equipment, it is noted that XDL intends to manufacture the protective clothing products by using its existing production facilities. In this regard, please provide the following additional information:- (i) location and size of the production facilities that will be used to produce protective clothing products; and (ii) total cost/capital expenditure required, expected timelines (commencement and completion date) to modify the existing production facilities and to commercialise the production. Reply The production facilities which will be used to produce the protective clothing products will be located at the XDL’s existing Head Office & Production Centre at XiDeLang Industrial Park, Neikeng Town, Jinjiang City, Fujian Province, People’s Republic of China and it will occupy an area of approximately 500 square meter. XDL estimated to invest approximately RMB5 million to modify the existing production facilities and upgrading machinery components to cater the requirement for producing the protective clothing products and it is expected to be completed by July 2020. Upon completion, XDL would commence the production by August 2020. 2. Note that the protective clothing products is for non-medical purposes, please provide greater details on the types and usage of protective clothing and specify the target market segment. Reply The main material to produce the protective clothing products would be Polypropylene Spunbond (PP + PE) Fabrics. The protective clothing products which comprise of whole protective suit will be mainly wore by personnel who are working at high population density areas such as airports, ports/docks, stations, subways, schools, office buildings and other kind of public areas. BURSA MALAYSIA SECURITIES BERHAD’S QUERIES DATED 4 JUNE 2020 3. Given that Seacera Group Berhad ("Seacera") is principally engaged in tiles, construction and property business segments and have no prior experience in dealing with the protective clothing products, please provide further justification for XDL to appoint Seacera as the exclusive distributor with the exclusive right to resell and distribute XDL’s protective clothing products (non-medical purpose) in all states of Malaysia. Reply The Company would provide the reply by 9 June 2020 due to the required information is subject to the input from Seacera Group Berhad. 4. Further clarification on whether the distribution of protective clothing products requires Malaysia’s regulatory approval prior to it being sold to the public. Reply The Company would provide the reply by 9 June 2020 due to the required information is subject to the input from Seacera Group Berhad. 5. Investment risks for venturing into production of protective clothing products upon taking into consideration the business prospects in Malaysia. Reply The Company would provide the reply by 9 June 2020 due to the required information is subject to the input from Seacera Group Berhad. This announcement is dated 5 June 2020.
XDL is downtread due to previous trading pattern. Left hand to right hand after the surge to 0.10 March ago. And some have been holding for few months and because of tht eager to cut loss or sell to gain back capital when the price up abit. I believe after all these old holders' release their share, the new comers (ie those buying last Thursday) will hold and the uptrend is imminent.
Game gain 0.005 cents hit and run is not worth now, all realize that buy in 0.055, sold out at 0.060 is impossible to buy in again at 0.055 at this moment, you have to pay higher price to buy back the unit been sold out.
Hold tight, don't be regret soon, you can see the trend, higher rewards is coming very close, why want to give up at last minutes since had come so close now.... let's hold tight and you will deserved better rewards, no more 0.005 cents or 0.01 cents gains, let's ride the rocket together, cheers:)
Now bursa cleared the doubts, easily reach 0.80 this week ;)
Ready to take off, leaving 0.70 bidders behind this week, back to its original price of 0.11 to 0.12. But I think can hit 0.18 again once they start selling protective clothings
Posted by OracleOfOmaha > Jun 8, 2020 6:33 PM | Report Abuse
Now bursa cleared the doubts, easily reach 0.80 this week ;)
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Not all doubts cleared. Read reply again...extract below
3. Given that Seacera Group Berhad ("Seacera") is principally engaged in tiles, construction and property business segments and have no prior experience in dealing with the protective clothing products, please provide further justification for XDL to appoint Seacera as the exclusive distributor with the exclusive right to resell and distribute XDL’s protective clothing products (non-medical purpose) in all states of Malaysia.
Reply The Company would provide the reply by 9 June 2020 due to the required information is subject to the input from Seacera Group Berhad.
4. Further clarification on whether the distribution of protective clothing products requires Malaysia’s regulatory approval prior to it being sold to the public.
Reply The Company would provide the reply by 9 June 2020 due to the required information is subject to the input from Seacera Group Berhad.
5. Investment risks for venturing into production of protective clothing products upon taking into consideration the business prospects in Malaysia.
Reply The Company would provide the reply by 9 June 2020 due to the required information is subject to the input from Seacera Group Berhad. This announcement is dated 5 June 2020.
I have another good XDL news to share, but wait for me to add some first hehe. Pray hard it will reach back to 0.18 again like in January 2020. I hold 60k, if materialize, my profits is 120k ;)
Haha I cannot even buy 65 cents, damn. 7 cents seller also getting lesser and lesser. I think gonna boom soon, all technical charts are super duper positive now...
OTB teaching can't work in AT.Im the 2 times blog writer of AT blog.2 time also jump.Not just tht.XDL already 1 times and I'm sure will be 2nd times it reach target.
Posted by Michael Kwok > May 15, 2020 11:36 AM | Report Abuse X
Please read.... Do you remember me....The one who predict XDL reach tht target in the past.It jump to as high as 17.5 cent on Jan 22,2020.
Michael Kwok 1907 posts Posted by Michael Kwok > Dec 10, 2019 3:12 PM | Report Abuse X
XDL new TP 15-18 cent.Previous say 14-16cent on 9/12/2019.I already say a buy accompany by postive momentum with monthly RSI hooking up.
Michael Kwok 2030 posts Posted by Michael Kwok > May 15, 2020 11:41 AM | Report Abuse X
Please read.Are u all ready to buy XDL?Listen to the trusted name....Buy XDL 6 cents again.Target price 12-14 cents(worst case scenario), and best case scenario a surprise.....
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....
Rocket77
256 posts
Posted by Rocket77 > 2020-06-07 14:58 | Report Abuse
My dear buddies,
Demand of PPE clothing was increased from USD 88 Billion to USD119 Billion (frm 2019 to 2024). Annual increment foresee about 6.3%.
Due to demand is higher than supply and risk of shortage of supply, had cause price of PPE clothing keep on increasing.
Manufacturer required to increase 40% of productivity to fulfill the demand of the PPE clothing globally.
Start production line in Malaysia is next step to sell PPE clothing to US.