XIDELANG HOLDINGS LTD P/E Ratio : 3.40 Altman Z-Score: 2.36 ROE : 9.38 Book Value Per Share: RM0.52 Gross Margin: 24.71% Net Margin: 10.60% Graham Number: RM0.67
When I first invested in shares in 1985,I used to buy Dynaquest Digest to study the performance of shares in Malaysia and Singapore,From the info I invested in Rothmans Industries Limited(S) recommended by Dynaquest.Now XDL is accorded 6.5 star rating in Stock Performance Guide(SPG) by Dr Neoh Soon Kean which is highest rating for a < 30 sen stock. XDL will move up in near future given its strong fundamentals. It cannot keep coming down.....Now well supported at 18 sen,will move back to its face value 10cts (US) anytime from now!
I am still holding and waiting for appropriate time to accumulate more if I make money from other counters. Low PE, high NTA, latest profitable quarter, director not selling all points to good fundamental.
Just wait or buy more now bec of these factors: 1) at current price of 0.18, it's 5 year low 2) najib brother is sitting in the board 3) CEO is personally buying at huge amount 4) Dynaquest give a rating of 6.5
Forget about the Financial report (as of all china listed companies)! Unreliable Annual Report.
But just based on the above factors alone, XDL look attractive.
I accumulate at each cent regardless it up or down ... Long run and holding power strategy . I'm sure many of you possessed such mindset . Focus and concentration .
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....
EdwardL
11 posts
Posted by EdwardL > 2014-09-02 17:31 | Report Abuse
Our prime minister brother inside
Hope has good news as soon as possible !