Exactly! China stocks like CSL also paid dividends before... said to have millions and millions of cash.... look at it now....

This goes to say Uncle Google is not that useful.....

How difficult is to smell something smelly?

Xingquan last profit report showed around RM 660 million cash.
That's about 1.95 cash per share.

In terms of undervalue, think market capital.
Market capital = what's the company worth if it's sold at last traded stock price.

XQ market capital is 145 million based on last traded stock price of 43 sen.

Yes, it only takes 145 million ringgit to buy all of XQ.

In return, in terms of cash alone, you get a company which is having 660 million in the bank!

( yeah this year the paying 2 sen? LOL! so much money and pay only 2 sen? the previous year no pay! LOL! )

Damn cow cow good deal yes?

Where to find?

If you are the CEO, would you be aware of this fact?

Or if you are one of the BOD, you should be aware of this fact yes?



That's the BOD...

Look at the shareholdings....

see the size of shares the CEO holds.....





The damn obvious question is of the company is really worth so much and have so many millions of cash in hand....
why aren't they buying more shares? why are they hardly holding any shares?

why?

is the cash there or is it not there?


Another trick question.... LOL!

Since company have so many cash, why did it pass a resolution to issue shares (ie raise shares) at their AGM ??

Lilins 'can' be useful .... but to get the best of it, it's best you use it as a combination with other indicators.

For example, some would use lilins along with bollinger bands.

And for Homer example, the bands 'appeared' to begin to expand as of previous day close.

Many lilin traders are taught to WFC. (wait for conformation)
Some don't.
They do not want to react only when the 'crowd' reacts....
They want to react first.
And in Homer's case, those who reacted with the crowd and sold out late Wednesday trade, they would have missed out today's actions.
Yes, and in most trading systems, there are pro and cons...
and yes, there is no perfection......


heehee: The previous comparison on 31 Oct - you probably need to put the 'news' into context too.
That day, Homer was going to announce its profits.
It was higher all day till late afternoon.
LOL!
As usual, the inside got wind of not so geng results.
Hence, sellers came out strong and push the stock down.

aiyooo.... don't say until like this...
me just sharing only...

Anyway it doesn't matter la....
Do what you are good at....
and know exactly where your weakness is.......

I am trader but I believe knowing real fundamentals about a company is important.

Buying correctly makes selling easy.

Falling knifes?
Yeah..sometimes it's not as easy...
I seen many tell themselves...
Not to chase the falling stocks....
Then....
They easily succumb to the idea that the 'key to make money is to buy cheap stocks'....
They then hear the extremely abused Buffett phrase 'Be greedy when others are fearful'.....
LOL...rest is history......

....when it rains it pours.....

http://www.independent.co.uk/news/world/as...ay-9955457.html

consequences?

and then..... we know ..... car die fire..... quite common....

fei kei ???

http://www.straitstimes.com/news/asia/sout...ngers-told-dise

some more the day miss runway pulak....

like this...who dare fly airasia wo ?



This post has been edited by Boon3: Jan 4 2015, 09:51 PM

Happy new year to you too!

Holding companies always discount here and there one.

.....but those rights issue makes not much sense.

USD still your friend ??

That guy is way over rated.

In general, market players just like to follow, ie jump into the same boat....

Anyway, if one had pay attention, the top 5 largest shareholder is a point of note.

Kena caught ah?

Think out of the box laaaa........

Paying 50 sen for the dollar sounds a bloody good idea.....
but sometimes ..... the dollar can sell for much lower....... like 20 sen.

Yeah... didn't I reply you on CIMB last Nov?

post # 202

.... but it is just not showing in CIMB numbers.

numbers not so geng looking.

If want money to spend for CNY..... then.... must start counting already lor.