china related stocks are so cheap and are ignored mainly becoz local ppl do not trust them.
all china companies in bursa reports lots of cash in accounts...but stock price is sooooo low. why? surely must be a reason everyone dumps the china stocks. fairy tale accounting?
why are u all still in here?
kindly face the facts n go. or choose to gamble with your life's earnings
looks like Mr.Chan Fung @ Kwan Wing Yin is the only Director left and no more objection to his Plan, which looks like to take CSL private at what price..NTA price can or not....and will be good enough for many who buy at this level...
Share capital RMB6,226 million, Reserves RMB2,753,991million and neglible borrowing, and good NTA RMB2.22 convert to RM, CSL should be worth how much...
All their independent directors have resigned in Nov17. Without independent directors, its will have problem on the Board composition & audit committee. Hence will have problem in coming announcement of quarterly results.
What so special abt Mr Chan ? Committees hv big changes means something wrong ... easily get delisted also this counter ... my advise those hv this stock ... get ur cash and invest in others more valuable counter ... this china red chip will going to suspend n delisted ... b4 that will see the price of 0.025 to attract people to boat in then only go suspended ... i heard theirs strategies going to be this ... trust or not is up to u all ... good luck
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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....
James James
276 posts
Posted by James James > 2017-10-12 06:40 | Report Abuse
CSL needs to be screwed only can fly,because CSL stands for Chua Soi Lek,he he he