LeongSY,I never impersonate FJ,I am real,I use 'lah' because Playboy is a malay so it is o.k for him. How come you call me 'dearest'I thought only AyamTua calls me that,don't tell me you are my secret admirer whom I am not aware.
Myob, have you found your eeyore? I found one in USJ...specification? Well, he is 1.9m tall, hairy, with kepala butuh measuring 6mm...Does it sound like yours? I don't mean the 6mm, of course! Kikikiki
Hooray! Durian runtuh is on its way, cash depleting!!!...Lost donkey would be found real soon...DO NOT BUY NOW, price will come down in no time! kikikikiki....
Be calm , not entirely overlook but mere lacking . Today, Chan said a further hindrance to its cash flow would be the lack of insurance claims. According to Chan , China Stationery did not foresee the necessity to buy so much insurance prior to the incident.
"This company has existed for 20 years or so and there has never been an incident like this previously. Spending money on insurance would have been a waste.
"It will take up to one and a half months for us to clear the area and install new equipment, as well as get the raw materials in place. We have stocks owing to our customers, so we will have to replenish it quickly," he said.
China Stationery has not been operating for the past three months, according to Chan. But that has not dented long-time customers' confidence in the firm.
I don't think so that this counter will drop further as all the resolutions have been approved in AGM , and this is cash upfront counter inevitably providing anti- gravity and I think most holders bearing great holding power . Today's share price and trading volume already proved it .
The catch "China Stationery has not been operating for the past three months, according to Chan.". Take another 1.5 mths to clear and install new equipment. Take a few months to stabilize....so basically no income for around 6 mths. Existing customer wont wait for 6 mths for stocks...they will need it urgently as they got their own customer too. Tough situation for CSL. At your own risk.
Not more than 15% above the 5 days weighted average market price. This means: authorize to purchase/push higher by x.x when share price is below xx.x 1.5c -- < 13.5c 2.0c -- < 17c 2.5c -- < 20c 3.0c -- < 23.5c 3.5c -- < 27c awaiting.....
The timing of the AGM is tricky, 1 week after the huge lost quarterly report. The 5WAMP is only 11.5c. Next week, most likely increase at least 0.5c a day.
Kuala Lumpur on the 5th News) China Stationery (CSL, 5214, the board of consumer stocks) burning plant is expected to gradually resume operations within 1-2 months, the management company will apply from PN17 company as soon as possible.
China Stationery Executive Chairman and Chief Executive Officer, Wing Yin off after today's shareholders' meeting, told reporters that the company has begun to clean up the scene of the fire and to buy new machines, production lines is expected within 1-2 months can gradually resume operations.
The main plant Chinese stationery severe fires in April of this year, leading to the production line halt today.
Kwan Wing Yin also pointed out that the investigation report before the due not been allowed to enter the Chinese police and the disaster field, leading auditors unable to obtain the required documents, stationery and cause China to be included Bursa Malaysia PN17 ranks.
The company has obtained the investigation report by the Chinese police and has been preparing an application from PN17 ranks.
He said that the biggest challenge is how to maintain customer confidence and orders of the original, but he is optimistic about customer loyalty.
As of July 30, the company's purchase orders and signed a contract worth of 300 million 10.74 million yuan (about 100 million 61 million ringgit) with customers, but it was yet to receive any affected customer claims.
Asked why only the amount of insurance claims for compensation by 42.8% loss, Kwan Wing Yin pointed out that based on the occurrence of major accidents has been no prior company, and therefore did not buy full insurance.
In addition, he also pointed out that the management company is currently negotiating new investment plans, but currently disclose further details.
China Stationery today held a general meeting of shareholders 2013 fiscal year, the attendance rate of shareholders is quite low.
According to attendees revealed that the matter at a meeting of shareholders are most concerned about is how the company will dispose of its high cash.
As of June 30, cash per share, up 1.57 yuan Chinese stationery (about 0.81 ringgit), the management said it will consider the dividend to reward shareholders.
China Stationery today to close at 0.12 ringgit, up 0.5 cents, or 4.35%, on volume of 11.4 million shares Zero 400
Logical thinking, the share premium account about RMB 440k is true since mentioned in the court case; this means that the accumulated profit RM 0.81 is true as well. Wah......., should buy more....... at least x6 potential.
Aiyo! Cowboy is forever cow-head-boy. Still want to question the cash in hand? I want to charter a flight for monkeys (and donkeys) to visit China and of course to check CSL's bank account (provided pets are allowed into Chinese banks).....Just pass me names of those interested. I'll see how many 'first class cage' to order....kikikiki....
I do not find those announcement positive, despite business is heading toward recovery stage. Even so, DO NOT BUY now as I see the price going to be highly volatile this month as it has not really factor in the huge losses yet.
All these activities will DEPLETE CASHFLOWS, how to UP? e.g. low insurance claim, rebuilding factory, inventories, equipment, jack up insurance coverage for future 'disasters', and somemore rumours of dividend payout. All these drain cash. Best bet is to come in only after any dividend announcement (if any). Any catalyst to jack up price, my friends?
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A guy can draw some girl's attention by having some kind of resemblance to her father for example, and might not draw the next girl's attention for bearing no resemblance to hers. What I am trying to emphasize is that everyone has his own key and there definitely isn’t a master key that works on everybody. All you need to do to make someone fall in love with you is know more about his key, then pop it in to open the door to his heart.
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....
Fam Jenny
7,724 posts
Posted by Fam Jenny > 2014-09-04 18:15 | Report Abuse
Come over to Glotec or Sumatec,good time to accumulate lah.