Please exercise extra cautious when trading the stock of CSL!. With a market cap of only RM140 million, balance sheet recorded a net cash of more than RM1 billion --> too good to be true?
Assuming the above statement is true, standing from the management perspective, why wouldnt you use RM140mil today to privatize the company and, in turn, own a company with RM1 billion of cash? --> Something fishy?
LOL, is it not the same Sakura product? Google search sakura stationary, that's what you get.
RM1B cash for a company that has market cap of RM140m? Maybe the CEO want to give a big surprise to all his supporter/investor/share holder? How about dividends of 200% to every share holder this year? :D
FYI, CSL has been very cash-rich for quite awhile, and hasnt been distributing dividend since 2013. , hence resulting in an extremely low ROE (around 3%),
Also they are alot china companies out there with cash> market cap since forever, namely XINGQUAN, XIDELANG, etc. (All of them do not declare dividend)
All these red flags have raised my concern about trading China company listed in Bursa.
I strongly believe there is something wrong somewhere with so much cash yet not able to pay dividends to themselves and chairman is paid only rm30k/month with such high turnover.
jstockman: the sakura's links u shared were not csl product, there is japan sakura which has same name and similar logo only. Let's look the logo, its flower petal is not in round shape but csl is... In addition, the link below stated made in Japan.
Do you still believe in this counter?It is too good to believe it.can you find frogs jumping up and down for free when it can sell for money?A victim is horning the dangers.
Posted by Fam Jenny > Feb 9, 2016 12:22 AM | Report Abuse
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.
you do not need to be very smart to understand Fam Jenny
this counter no move! After the lift of PN17 also up a bit only then come back down. 3 consecutively good profitable QR, this counter still cannot go back up to the price before the fire accident happen (which is around 0.20)....
Quoted from Stanley Yeo:" If CSL already lifted from PN17, in my opinion, as long as our Malaysia Securities Regulator is effective and doing their job right, the CSL price should be going back up. However, until today, almost every Chinese companies listed in Malaysia KLSE are below their IPO price. Thus, I also don't understand what is the reason.
If say the Malaysia Securities Regulator is not doing their job properly, then why other Malaysian listed company do not face the similar problem, or at least not a major problem, but only the China listed company face the major problem.
So, it is difficult to say it is Malaysia Securities Regulator's fault.
this time is my own opinion la. I do see some improvement in the last few days following the profitable QR report. There are more buyers than sellers happen in the last few days. Maybe it is slow but it is still going up. Good!
sell CSL at 0.11 with huge loss! (bought at 0.145) use the money to buy XOX and XOX-WA! hopefully can gain back my losses in CSL, which may be faster than waiting for CSL to climb up to 0.145.
Most of Malaysia people are smart and don't want to invest in China Shares. They aware and noticed US, EUROPE, HK, SINGAPORE and other parts in the world whenever there is China Share listed in Bourse .... the share price will go down and down.
US and Europe peoples did some research and found-out all CHINA SHARE ACCOUNT ARE FAKE. It is all cheated.
When they managed fool around people they will make up looks like there are still people interested to buy.
But the real reality is "THERE IS NO INVESTORS WHO BOUGHT AND SOLD". BUYER abd SELLER is actually is the same guy. This guy is working for China Company. All trading activity is a cover up of their bad accounts.
Go and surf internet....... CHINA LISTED COMPANY have successfully fooled AMERICA, CANADA, EUROPE, HK, SINGAPORE AND OTHERS PART OF THE WORLD. AMERICAN AND EUROPEAN have identified ALL CHINA LISTED COMPANY is a fake account announces in every Q results.
Same goes to Malaysia. There is no more Malaysia people interested to Invest. What u seen in the BURSA SCREEN IS A MAKE UP TRADING BY CHINA COMPANY MAN. THAT IS WHY THE TRADING ACTIVITY IS LOW AND ALMOST NONE. IN THE COMING MONTHS THE PRICE WILL GO LOWER ABD LOWER DRAG DOWN BY THE CHINA COMPANY MAN DESPITE OF GOOD Q RESULT.
THIS IS NOT WHAT I SAID BUT THIS WHAT OTHER PEOPLES IN THE GLOBES ARE SAYING. Familuar words "DO NOT BUY ANY CHINA SHARES BECAUSE THEIR ACCOUNT ARE FAKE".
Anyway good luck for peoples that still interested to buy it. Bye bye..
Let me share this statement. PEOPLES AROUND THE WORLD HAVE EXPERINCED THIS and this is what they said If you buy or not it is still samething which the price will go down as time goes by. The CHINA COMPANY MAN will make the price lower and lower. Once the price is keep on lower for a period of times despite good Q results, then they will wait the right time to quit from bourse.
They will do to quit but not obvioud and they will happy enough If delisted. NOTHING TO LOSE ANYWAY BECAUSE THEY HAVE MAKE MILLION OF MONEY DURING THE EARLY DAYS OF LISTING IN BOURSE".
@Feizal Mazlan not All chinese shares are fake in the globes! At least I know 1 or 2 - Alibaba is one! Then Dalian Wanda group is another one. So, STFU if you don't know what you are talking about. ;D
Many China stocks have fake account, I believe. However, not all like that. Because China is second strongest country in this world. They have their own ability. Even a small single worker in train mechanic company has their own notes to jot down their self experience and small research from obstacles they faced in daily life. They are extremely hardworking and updated. That's why China can make their own high speed trains which able to overcome four seasons resistance and changes. But, there is a few of cunning bussinessman in China also. I can't denied that and many country have too. We have to aware to any suspicious counter. For Csl, I really no idea now but aware.
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Posted by kusmitea > 2016-02-17 11:05 | Report Abuse
Please exercise extra cautious when trading the stock of CSL!.
With a market cap of only RM140 million, balance sheet recorded a net cash of more than RM1 billion --> too good to be true?
Assuming the above statement is true, standing from the management perspective, why wouldnt you use RM140mil today to privatize the company and, in turn, own a company with RM1 billion of cash? --> Something fishy?