Posted by kedsheong > 2020-07-27 21:45 | Report Abuse

That is stock bashing, a form of stock market manipulation. Scaring people to sell so that they can collect at low prices.

https://en.m.wikipedia.org/wiki/Market_manipulation

Posted by Rocket77 > 2020-07-27 22:06 | Report Abuse

If going to be delisted, why wasting time for declare ESOS? If no proof for delisted, why limhong wasting time here to spread negative influence, limhong should proof to Bursa and save all investors like a hero, otherwise limhong got motive behind this? Are you a shark playing around buy 0.055? Ours superhero?

Posted by Rocket77 > 2020-07-27 22:09 | Report Abuse

limhong, I am very scare now, pls save us...

Posted by Rocket77 > 2020-07-27 22:16 | Report Abuse

limhong, pls copy and paste your old story here everyday to remind all of us, believe that you can save more people by selling 0.055 to you...

Posted by Rocket77 > 2020-07-27 22:18 | Report Abuse

I start to falling love with limhong, he is very kind to warn us to be more careful doing investment.

Posted by si3nz > 2020-07-27 22:29 | Report Abuse

This esos motivated us to work harder...blif it or not is up to u guys...I really wanna thanks my CEO

Posted by 9090xxx > 2020-07-27 22:49 | Report Abuse

Si3nz u work wt xdl rite? do u mind to share more information how about the xdl in china since u got the first hand information.example whether u all are doing zoom meeting wt xdl china n how is the progress of the new ppe line there??appreciate if u could share more as this information definitely will make us more confident in holding on this stock

Posted by Rocket77 > 2020-07-27 22:58 | Report Abuse

limhong, did you do your survey why the previous auditor being suspended for one year? The auditor film is not a small company, you can find the details by yourself. Don't simply push the blame to XDL due to the auditor being suspended.

Posted by 9090xxx > 2020-07-27 23:10 | Report Abuse

Rocket 77 u r right Russell Bedford is world class auditing company hv company worldwide over 101 countries I don't think ppl will act so stupidly want to help xdl to cover the fake account just to earn a bit of money.a global companies they care their own reputation more that everything won't simply ruin their hard earn reputation just because of small money if not they won't become so big like now

Posted by 9090xxx > 2020-07-27 23:20 | Report Abuse

I am holding 3million share of xdl average price at 0.65 about rm195k.I hope one day it will gv me good return

Posted by 9090xxx > 2020-07-27 23:22 | Report Abuse

Sorry is 0.065

Posted by KLSEBOTS > 2020-07-28 00:15 | Report Abuse

Joker boss created fake acc toking to himself. Funny. I hold 10mil share too. Thinking to buy xdl 80% share.. Lol.. Con ppl till max level..

Posted by 010855 > 2020-07-28 07:33 | Report Abuse

3 - 6 mth is trust waiting...

Posted by Wong Kah Wei > 2020-07-28 08:06 | Report Abuse

醒醒了，啊狼喂。

Posted by 5354_ > 2020-07-28 10:19 | Report Abuse

Why you never defend before? If not today 6.5-7 sen?

Rocket77 limhong, did you do your survey why the previous auditor being suspended for one year? The auditor film is not a small company, you can find the details by yourself. Don't simply push the blame to XDL due to the auditor being suspended.
27/07/2020 10:58 PM

Posted by 5354_ > 2020-07-28 10:20 | Report Abuse

I target Rocket77 because 100% i3 posts only in XDL.

Posted by 5354_ > 2020-07-28 10:21 | Report Abuse

Many tak boleh tahan limhong like New??, etc cut loss?

Posted by klna75 > 2020-07-28 14:15 | Report Abuse

micheal kwok, can i have ur contact / facebook?

Posted by Maclee > 2020-07-28 15:55 | Report Abuse

https://www.nst.com.my/business/2020/06/597674/seacera-bags-exclusive-right-xidelang-resell-and-distribute-ppe

Posted by limhong > 2020-07-28 16:35 | Report Abuse

A lot of people lost money here but want other to join them in the game.
https://www.theedgemarkets.com/article/end-road-china-stationery


CHINA Stationery Ltd (CSL) appears to have reached the end of the road as a public-listed company after five years on Bursa Malaysia. Trading in the China-based stationery maker’s shares was suspended on Dec 5 after it failed to furnish the regulator with the results for its third quarter ended Sept 30 (3QFY2017) within the stipulated time.

On the day before its suspension, CSL closed at one sen.

Bursa is slated to commence the delisting process against CSL six months from Nov 30 if the company does not meet its directive to release its 3QFY2017 results by then.



27/07/2020 10:50 AM
X
limhong Those haven't buy XDL, please do read into KLSE forum for
1. Maxwell International Holdings
2. Xing Quan
3. Msport
4. China Stationery Limited
They share same characters as XDL
- High cash, high NTA, high profit
- never ever dare to use reputable auditors
- From Jinjiang China
- manufactured shoes
- all owned by China conmen
- all collapsed overnight due to FAKE AUDITED ACCOUNTS, XDL is the last not yet collapse

Warrant Buffet: the scariest investment is when you will lost all your capital. Think wisely, invest for your future and family but NOT GAMBLING.

I have friends who are victim of Xingquan, Bursa just did not do anything to recover their money until today.




21/07/2020 12:26 PM
X
limhong This is a china stock, Bursa is very irresponsible did not claim back the money for a few collapsed China KLSE stocks in the past 5 years. See below.

I knew some of the investors, today they lost all their capital as authorities did not do any effort to penalise the culprits. All cock talkers here, keep saying china shooting team and auditors.

If you read the 5 great collapse of china stocks, you will realise the danger of XDL, all show similar attributes - high cash, strong balance sheet and profitable, eventually 1-day collapsed as the account is FAKE.



https://klse.i3investor.com/m/stock/overview/5155.jsp
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/blog/Sslee_blog/2020-01-18-story-h148283...
19/06/2020 8:24 AM
X
limhong https://klse.i3investor.com/m/stock/overview/5189.jsp
19/06/2020 8:25 AM
X
limhong http://www.bursamalaysia.com/market/listed-companies/company-announcem...

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer
19/06/2020 8:27 AM
X
limhong https://www.theedgemarkets.com/article/three-chinabased-companies-foun...
19/06/2020 8:28 AM
X
limhong The never ending fake accounts of china based apparel and shoes companies in JinJiang Fujian, XDL is one of them in JinJiang. Stay alert guys, this share is High risk, High return, but can lost everything too. The cash looks ridiculous, and they continue to hire unknown auditors to perform audit.... zZzZz
19/06/2020 8:32 AM
X
limhong XDL suddenly changes financial year end from Dec to Jun, but now not yet submit quarterly reporting.
19/06/2020 8:33 AM

Posted by limhong > 2020-07-28 16:37 | Report Abuse

https://www.thestar.com.my/business/2020/03/17/multi-sports-director-resigns

Posted by si3nz > 2020-07-28 19:48 | Report Abuse

15% yeah

Posted by fl888 > 2020-07-28 20:08 | Report Abuse

XDL could be the only exceptional China stock to be not like the stocks mentioned bt limhong....only time will tell...meanwhile buy XDL now to sell higher...

Posted by cslim5991 > 2020-07-28 20:33 | Report Abuse

+1

Posted by etgoh235 > 2020-07-28 21:09 | Report Abuse

For reasons unknown, looks like a con job. Who have so many shares to unload other than majority shareholders. Run run run change to other counters

Posted by Rocket77 > 2020-07-28 22:11 | Report Abuse

Welcome back limhong, yeah, thanks for sharing your painful experience here, but still not much willing to cut lost and sell at 0.055....pls show us more infor and proof on XDL going to delisted, not others delisted counter, appreciate for your kindness....

Posted by Rocket77 > 2020-07-28 22:15 | Report Abuse

Si3nz, since you working with XDL, are you agreed that your company is going to be delisted, very sad if what limhong said is true as you will gain nothing from ESOS.

Posted by Rocket77 > 2020-07-28 22:19 | Report Abuse

limhong had been hurt so much by China's company, pls be understand his concern and worried that he don't want all of us go through what he had been suffered.

Posted by Kinvestshare > 2020-07-28 22:21 | Report Abuse

I don't think XDL will be delisted and the info provided by limhong doesn't make sense and it is fake. Not relevant at all.

Posted by Rocket77 > 2020-07-28 22:23 | Report Abuse

Si3nz how much you need to pay per unit share for ESOS? Better consider twice on limhong's advice.

Posted by Kinvestshare > 2020-07-28 22:27 | Report Abuse

he share info about 5155 and assume it was 5156 stock. haha.

Posted by Rocket77 > 2020-07-28 22:50 | Report Abuse

Here con, there con, so many con, believe that si3nz is confusing now to accept the ESOS..so pity of si3nz

Posted by OracleOfOmaha > 2020-07-28 22:55 | Report Abuse

Wow more 0.06 dumping trucks volume now... speechless

Posted by Rocket77 > 2020-07-28 23:10 | Report Abuse

Omaha, those dumping at 0.06 is safe now, and many start making profit at glove counter, should thanks to limhong, better than total loss here.

Posted by Rocket77 > 2020-07-28 23:18 | Report Abuse

Limhong pls push harder, I need more ticket at 0.055

Posted by fl888 > 2020-07-29 07:31 | Report Abuse

PDZ had a share par reduction and ESOS exercise....now XDL also do the same and have no debts and so much cash in hand....really Awesome ?

Posted by Newbn00b > 2020-07-29 09:13 | Report Abuse

Limhong, no need to comment anymore as ample of warning is given. Just sit back and relax. And monitor how Mr. DING run the show

Posted by Kopimilo > 2020-07-29 09:33 | Report Abuse

Zzzzzz show. Many months. Lol

Posted by Wong Kah Wei > 2020-07-29 10:44 | Report Abuse

阿狼！醒了喂。

Posted by Kopimilo > 2020-07-29 17:38 | Report Abuse

Buying rate 58%, but teasing sale won the game, ended lowered 0.005. Lol.

Posted by Wong Kah Wei > 2020-07-29 19:46 | Report Abuse

Tomorrow confirm up

Posted by defragmenter > 2020-07-29 21:12 | Report Abuse

Tomorrow confirm up..... back to 6.0c..... up down up down

Posted by char1234 > 2020-07-29 21:26 | Report Abuse

risky China stock ... good luck

Posted by Rocket77 > 2020-07-29 22:39 | Report Abuse

If account not audited, how to get approval from Bursa for ESOS?

Posted by Rocket77 > 2020-07-29 22:46 | Report Abuse

si3nz, how it's going to be awesome if share price just maintained after ESOS?

Posted by predictor001 > 2020-07-30 08:55 | Report Abuse

faster faster switch counter .........this conter cannot move ....when u all leave ....then will shoot up....haha.....

Posted by Feimau1228 > 2020-07-30 09:12 | Report Abuse

Eat porridge...
Eat Rice.
Or Eat the Grain..
Hahaha..

Posted by Kopimilo > 2020-07-30 09:36 | Report Abuse

Eat salt n pepper lol. Up 0.005 down 0.005 again up 0.005 down back 0.005, like a graveyard stones lol

Posted by limhong > 2020-07-30 10:38 | Report Abuse

CHINA Stationery Ltd (CSL) appears to have reached the end of the road as a public-listed company after five years on Bursa Malaysia. Trading in the China-based stationery maker’s shares was suspended on Dec 5 after it failed to furnish the regulator with the results for its third quarter ended Sept 30 (3QFY2017) within the stipulated time.

On the day before its suspension, CSL closed at one sen.

Bursa is slated to commence the delisting process against CSL six months from Nov 30 if the company does not meet its directive to release its 3QFY2017 results by then.

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From the looks of it, it is unlikely that CSL can meet the regulator’s deadline, given that the company’s last remaining director, Chan Fung @ Kwan Wing Yin, who is also the executive chairman and CEO, has been unreachable so far.

Before the company’s suspension on Dec 5, the investing community saw the resignation of its chief financial officer, Chin Siew Weng, along with five other directors, namely Risambessy Izaac, Herman Widjaja, Ang Wei Chuan, Lim Kim Huat and Chan Fung’s son, Angus Kwan Chun Jut.

All six resignations took place within two weeks in November with Angus being the first to announce his exit due to “other business commitments”.

CSL also has several litigation cases pending against some of its subsidiaries. However, the legitimacy of these cases cannot be confirmed by CSL. The cases were brought to light in August when the board was told that they were in relation to the CEO’s personal loans.

Unfortunately for the minority shareholders, who were unable to sell their shares in time, there is not much they can do except to file a complaint to the authorities and wait, says an observer who monitors corporate governance in Malaysia.

“Realistically, they should write down their investment to zero,” adds the observer.

He opines that the regulator should look into the role CSL’s directors played and whether they performed their fiduciary duties.

“The regulator has a tough job on its hands. The company is listed in Malaysia, incorporated in Bermuda, has operations and assets in China, auditors in Singapore, the two main shareholders are Hong Kong citizens and two of the (former) independent directors are Indonesians. The regulator should seek the cooperation of the Chinese and other foreign authorities,” he says.

The truth be told, troubles are not new to CSL. Just two months after its listing in 2012, the company raised eyebrows when it proposed a bonus issue of 596.3 million free warrants to shareholders on the basis of one free warrant for two existing shares held.

It did not embark on any fundraising at the time or seem to have a need for cash through the exercise of warrants, given its huge cash pile of more than RM1 billion.

If exercised, the warrants would have raised RM665 million at a conversion price of RM1.10 each. However, given the low share price, the conversion did not materialise.

Less than a year into its listing in February 2012, the company started to show signs that triggered the suspicions of investors — its major shareholder, Lead Champion Ltd, led by Chan, started to aggressively pare down its stake in CSL.

Since its initial public offering, Lead Champion’s stake has been trimmed from 74.88% to a mere 12.17%, which is equivalent to 150 million shares, based on its most recent filing with Bursa on June 20.

Perhaps what were most questionable were its financial statements, which consistently showed a cash balance of over RM1 billion. But it only rewarded shareholders with dividends of 1.8 sen and 1.6 sen per share in FY2012 and FY2013 respectively.

“Although the last published accounts of CSL — both the audited year report and the unaudited quarterly numbers — did show a huge cash balance, it would be naïve to assume that the money really existed, given what has happened recently. Companies with more than RM1 billion cash simply do not behave this way,” says the observer.

He adds that companies with huge cash piles typically reward shareholders with regular dividends or initiate a share buyback programme, have a decent amount of interest income relative to cash holdings and would not raise more cash through rights issues or private placements.

Based on its financial statements for the second quarter ended June 30, 2017, the company recorded a cash and bank balance of RM1.19 billion and no bank borrowings.

In its 2QFY2017 financial statement, CSL shows an 8.4% year-on-year rise in revenue to RM78.29 million. However, it reversed into a net loss of RM7.32 million from a net profit of RM7.91 million before.

Interestingly, the cost of sales for CSL shot up to 70.8% of revenue compared with 51.5% a year ago. It is also worth noting that its selling and distribution expense of RM40.31 million accounted for 51% of revenue.

In the grand scheme of things, it is worth highlighting that CSL is not the only China-based listed company in Malaysia that

Posted by limhong > 2020-07-30 10:39 | Report Abuse

https://www.theedgemarkets.com/article/end-road-china-stationery