clearly this stock is not affected by market sentiment, purely pumping now by someone and hope ppl will follow suite for dumping later. .if thr's not much following the pump, dumping again will b immediate. high risk counter as dump and direction is controlled at will
ASEAN to expand business in Malaysia to raise funds Xidelang Hebei
January 25, 2014 Domestic Finance ( Kuala Lumpur 24 hearing ) Chinese shoe manufacturers - Xidelang (XDL, 5156, consumer products group ) , said the company is raising funds to finance its expansion plans in Malaysia and ASEAN countries , while also considering the acquisition of a children's clothing brand.
Sitting on 300 million 1000 3.5 million yuan last year, ended September 30 ( 100 000 000 7,000 700 000 ringgit zero ) Net cash levels Xidelang by an additional 8,000 shares plans to raise up to 4.7 million ringgit funds and plans to set up one part of the period from its plant in Malaysia , expanding original equipment manufacturers (Original Equipment manufacturer, OEM) business and the establishment of the fund management team by hiring personnel activities.
This horse stock exchange listed companies earlier proclamations to the filing of the said the company has been with Universal Fitness & Leisure Sdn Bhd signed the first distribution agreement outside of China . Managing Director and Chief Executive Officer of the company Ding Pengpeng to "The Edge" , said: " Malaysia is through our own brand - Xidelang infiltrate our country 's first stock exchange has been in Malaysia for four years . we feel that now is the time to build their own business here . "
He added that the company plans to Malaysia to its hub in the ASEAN region. He said: " establish a foothold in Malaysia , is listed since we have been in the business plan and ultimately the concept is now the right time because the Malaysian market has matured enough .. ." He added , in this Xidelang have a brand standpoint is essential.
Ding Pengpeng mentioned that economic relations between Malaysia and China in the near future to get deeper , making Malaysia an ideal location for business development activities. He said the company plans to first stabilize the business here and look after the ASEAN region to expand .
After 2009 listed stocks Xidelang horse became the third Chinese company also plans to set up a warehouse and a factory in Malaysia , in order to support its future export activities in ASEAN markets and businesses. Ding Pengpeng said: "Through this workshop, we will have the ability to manufacture its own products in Malaysia , but we are still seeking suitable locations for the area between 15 and 20 acres between ."
a true fundametal profiting company wont be trading at 30 cent all this time for so many yrs. you judge yourself, final decision is always yours, just a hint that con company usually uses greed as bait.
True, Cloud. 30 cents for a fundamental stock, weird ! If you are looking at Trading Numbers perspective, then you will find the opportunity at this 0.30
if what happen to csl repeat again on xdl's stock...next time company from mainland susah mahu cari makan o...company launch ceremony pun no people want to cut the ribbon...hehe..
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....
getrich
645 posts
Posted by getrich > 2014-01-27 12:16 | Report Abuse
how sure are you - hoo ann ? u think should buy in now ?