They claim to have rb1.6 bln cash yet price can drop from rm1+ to 20c,then a fire happened ,wrote off a few hundred million,then drop to 7c and entered pn17 bcos not able to produce a seal of co to endorse certain documents. Then moved up to 17c,then dropped to 10c when nta=rm 1.3. Is the money gone in and come out and is it use as a front?
You can never believe china stocks... But you can't forever avoid their con pattern and method.... look at them deeply, touch their bottom , hug their heart , look at their pattern, study their trapping method.
and finally set a trap to trap them back. Trap under Trap.
You are allow to do mistake, but never allow to learn to give up.
28th august 2015 , when 2nd quarter report release, stock price up from 0.065 to 0.13, and when 23th November 3rd quarter report release, stock price up from 0.13 to 0.175, then stock price down to Rm0.10. although down so much, but stock price compared to the stock price 28th August, still have up 61.9%, so i think this is a good chance to buy. But i no have enough courage to say, China stock price will up to PE 6, may be PE 4 already full.
china shares price never follow financial result and csl price up after 28th aug 2015 due to its change to get pn 17 lifted,its price went up to 0.17 after being lifted
stanley yeo, you don't understand what I said. I mean 90% of all my money in stocks and share bursa malaysia, are in CSL! other 10% are in other stocks such as XOX etc.
I will wait for end Feb for it's QR announcement. After that, regardless it is up or down, I will consider to sell half of my shares so that I can invest in other counter. This CSL is simply waste of time. There are many good counter out there but I need money to invest.
stanley yeo, what you just say has a very good reason! But if the chinese company give good dividend base on profit, then it will be different story. Malaysia big customer (我国大户) may consider to hold chinese company shares for good dividend.
Problem is, CSL don't give dividend despite being profitable and cash-full.
Can you trust this kind of company with this type of board of directors who showed me the photo of fixed deposit of rbm 1.6bln from his Handphone.Yet it can drop from rm1+ to 7c and his photo of his visit to the factory.
buy this csl, will die fast .... if so good and profit why no dividen? why the big boss all sell their share..? ....................if got money dont know how to use, buy the big loss company AAX. dont regret.
Historically they release their results anytime between 11 to 27th Feb. Here's hoping the results are good. Its unlikely they will declare a dividend but we can still hope. Anyway capital gain is still very good for those who bought at 10cents. GONG XI FA CHAI!!
If it is so good the directors will grab them first,I thought like you before but was deceived and lost so much money simply in believing in their a/cs.The price movement will reveal its worthiness or value.Just be cautious with something that is too good.
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Posted by Stanley Yeo > 2016-01-29 17:42 | Report Abuse
Before 29th of February, i think result will release