Back

Latest Forum Topics / China Sports

Post Reply

Coming Back !! Post Reply Rate topic
outlook Senior	18-May-2015 15:35        outlook About Contact  Quote this Post!
x 0   x 0  Alert Admin	Losing steam for upward climb though there is still some buying interest at 0.02.
Useful To Me  Not Useful To Me
Qanghoo Supreme	18-May-2015 14:14        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone who had looked at the China Hongxing results wld figure out that the situation is less than rosy.  Suggest those keen on this coy shd go read the last section of the CH results.  KAMAL0883      ( Date: 18-May-2015 13:32) Posted: China 3rd liner too risky ..... if you did not monitor , it can become $0.02 from $0.20 within a month or after you came back from your 2 weeks  Europe holiday .. i kena beaten twice already .... : ( can " siam " better siam .... KepoChicken      ( Date: 18-May-2015 13:23) Posted: can some1 put some oil to bom the 0.022...
Useful To Me  Not Useful To Me
KAMAL0883 Supreme	18-May-2015 13:32        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	China 3rd liner too risky ..... if you did not monitor , it can become $0.02 from $0.20 within a month or after you came back from your 2 weeks  Europe holiday .. i kena beaten twice already .... : ( can " siam " better siam .... KepoChicken      ( Date: 18-May-2015 13:23) Posted: can some1 put some oil to bom the 0.022... outlook      ( Date: 18-May-2015 13:04) Posted: Thanks Fruitfulness for the info.
Useful To Me  Not Useful To Me
KepoChicken Master	18-May-2015 13:23        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	can some1 put some oil to bom the 0.022... outlook      ( Date: 18-May-2015 13:04) Posted: Thanks Fruitfulness for the info. fruitfulness      ( Date: 18-May-2015 12:54) Posted: If the accounts could be trusted, this is a grossly undervalued company. Those who attended the AGM  were told an interesting story why the external auditors issued adverse statements especially  on the trade receivables - they  enquired a bit late, sometime in early Mar.  The new lady CFO (who took over from Alex Chan, the previous CFO), was frequently on leave and in the first trimester of pregnancy, and as such she could not travel. So, there was no means to verify and hence there was no reply to the auditors.   We could see the rushed work of pushing out the 1QFY15 report this morning,  wrongly submitting two work-in-progress documents before correctly uploading the finalised one.  I hope the company secretary and CFO are not too stressed! China Sports has to decide what it wants to do regarding MTP (of 20 cts) issue.    The CEO has been asked to consider making an offer and delist from SGX.    He acknowledged that it is one  possibility he has to consider although he believed he could still turn China Sports around and  make it do well.  (A share consolidation of 10 or 20:1 is unimaginable and unproductive.  Downgrading to Catalist is truly a step backward)   So there is some possibility for delisting play!
Useful To Me  Not Useful To Me
outlook Senior	18-May-2015 13:04        outlook About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks Fruitfulness for the info. fruitfulness      ( Date: 18-May-2015 12:54) Posted: If the accounts could be trusted, this is a grossly undervalued company. Those who attended the AGM  were told an interesting story why the external auditors issued adverse statements especially  on the trade receivables - they  enquired a bit late, sometime in early Mar.  The new lady CFO (who took over from Alex Chan, the previous CFO), was frequently on leave and in the first trimester of pregnancy, and as such she could not travel. So, there was no means to verify and hence there was no reply to the auditors.   We could see the rushed work of pushing out the 1QFY15 report this morning,  wrongly submitting two work-in-progress documents before correctly uploading the finalised one.  I hope the company secretary and CFO are not too stressed! China Sports has to decide what it wants to do regarding MTP (of 20 cts) issue.    The CEO has been asked to consider making an offer and delist from SGX.    He acknowledged that it is one  possibility he has to consider although he believed he could still turn China Sports around and  make it do well.  (A share consolidation of 10 or 20:1 is unimaginable and unproductive.  Downgrading to Catalist is truly a step backward)   So there is some possibility for delisting play!
Useful To Me  Not Useful To Me
fruitfulness Veteran	18-May-2015 12:54        fruitfulness About Contact  Quote this Post!   Yells: "May the Lord God establish the works of my hands!"
x 0   x 0  Alert Admin	If the accounts could be trusted, this is a grossly undervalued company. Those who attended the AGM  were told an interesting story why the external auditors issued adverse statements especially  on the trade receivables - they  enquired a bit late, sometime in early Mar.  The new lady CFO (who took over from Alex Chan, the previous CFO), was frequently on leave and in the first trimester of pregnancy, and as such she could not travel. So, there was no means to verify and hence there was no reply to the auditors.   We could see the rushed work of pushing out the 1QFY15 report this morning,  wrongly submitting two work-in-progress documents before correctly uploading the finalised one.  I hope the company secretary and CFO are not too stressed! China Sports has to decide what it wants to do regarding MTP (of 20 cts) issue.    The CEO has been asked to consider making an offer and delist from SGX.    He acknowledged that it is one  possibility he has to consider although he believed he could still turn China Sports around and  make it do well.  (A share consolidation of 10 or 20:1 is unimaginable and unproductive.  Downgrading to Catalist is truly a step backward)   So there is some possibility for delisting play!
Useful To Me  Not Useful To Me
KepoChicken Master	18-May-2015 12:25        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	once 0.022 break... will come to 0.025 johnng      ( Date: 18-May-2015 12:16) Posted: not easy to short....long most likely....Someone jeeping every few minutes
Useful To Me  Not Useful To Me
johnng Supreme	18-May-2015 12:16        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	not easy to short....long most likely....Someone jeeping every few minutes
Useful To Me  Not Useful To Me
lovebullmarket Member	18-May-2015 11:43        lovebullmarket About Contact  Quote this Post!
x 0   x 0  Alert Admin	Volume strong at 4.8m
Useful To Me  Not Useful To Me
lovebullmarket Member	18-May-2015 11:28        lovebullmarket About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.022 see BBs standby there....break 22 be shiok shiok...Pi Bo Pi Bo huat arh appleronaldo      ( Date: 18-May-2015 11:16) Posted: i see interest picking up today.....hopefully today can go 3cent
Useful To Me  Not Useful To Me
appleronaldo Veteran	18-May-2015 11:16        appleronaldo About Contact  Quote this Post!
x 0   x 0  Alert Admin	i see interest picking up today.....hopefully today can go 3cent
Useful To Me  Not Useful To Me
johnng Supreme	18-May-2015 11:11        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can short what price today???
Useful To Me  Not Useful To Me
lovebullmarket Member	18-May-2015 11:00        lovebullmarket About Contact  Quote this Post!
x 0   x 0  Alert Admin	No wonder got pple buy today....
Useful To Me  Not Useful To Me
KepoChicken Master	18-May-2015 10:53        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	everyone thought it will be loss making.. who knows till profitable outlook      ( Date: 18-May-2015 10:51) Posted: There is some buying interest. Recovered from a low of 0.019. Touched 0.022. Hope the buying is sustainable.
Useful To Me  Not Useful To Me
outlook Senior	18-May-2015 10:51        outlook About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is some buying interest. Recovered from a low of 0.019. Touched 0.022. Hope the buying is sustainable.
Useful To Me  Not Useful To Me
outlook Senior	30-Apr-2015 10:29        outlook About Contact  Quote this Post!
x 0   x 0  Alert Admin	China Sports price has now dropped to 0.021 in line with the general market weakness though there is stil some support at 0.021. I think can accumualte if it falls below 0.02
Useful To Me  Not Useful To Me
outlook Senior	17-Apr-2015 09:55        outlook About Contact  Quote this Post!
x 0   x 0  Alert Admin	China Sport FY2014 shows positive results. Price steadily rising. now at 0.027
Useful To Me  Not Useful To Me
cheongsl Master	12-Feb-2015 07:28        cheongsl About Contact  Quote this Post!
x 0   x 0  Alert Admin	The factory is lounch last year september thus might be expecting some impact to the last quarter revenue also if they manage to get additional order for the new production line.
Useful To Me  Not Useful To Me
fruitfulness Veteran	11-Feb-2015 08:38        fruitfulness About Contact  Quote this Post!   Yells: "May the Lord God establish the works of my hands!"
x 0   x 0  Alert Admin	As far as many shareholders are concern, the streamlining had largely been done last yr when there was a  one-time big  writeoff (equivalent to profits of the three previous years). There  was an about-turn in strategy - focussing on what it does best (designing  & manufacturing of shoes). Did  away with its sports accessories and apparels business.  It' s breathable shoes are now meant largely for casual wear (less than 20% are sports shoes).  Having tested the kidswear  market, it now tries to go bigger into that sector (with shoes incorporating Garfield design).    Maybe it' s time for a name change of the company (lest people still think it is still competing very hard in the sports shoes arena)  ??  It makes sense to give a reasonable dividend this  year after making shareholders suffer the past few years.  More importantly,  it must build and gain trust that it' s accounting is proper (especially the cash it is holding).      While it is saying it is going to build a new  manufacturing facility at Anhui province (based on  location,  labour cost  saving and capacity expansion reasons) using only internal funds (11 to 12 cents per share), it must first show investors the money is truly in  the bank.  Have already requested the ID to show more concrete evidence.
Useful To Me  Not Useful To Me
cheongsl Master	11-Feb-2015 07:31        cheongsl About Contact  Quote this Post!
x 0   x 0  Alert Admin	There are evidents that dividend are given out in good years for China Sports.  As for this year will they give out the dividend is questionable as they have just recover from streamlining their business. China sport International 2007 2008 2009 2010 2011 2012 2013 3Q2014 Revenue (`000RMB) 1,207,050 1,859,717 1,904,797 1,222,978 913,129 760,260 818,249 614511 Profit after tax (`000RMB) 155,089 184,935 122,598 66,294 50,520 16,209 -156,881 49932 Profit margin 12.85% 9.94% 6.44% 5.42% 5.53% 2.13% NA 8.13% Earning per share (RMB) 0.549 0.275 0.169 0.070 0.053 0.017 -0.168 0.0519 Dividend (RMB) - 0.093 0.028 - 0.007 - -   Payout rate 0.00% 33.88% 16.23% 0.00% 12.38% 0.00% 0.00%
Useful To Me  Not Useful To Me

                                                         First   < Newer   281-300 of 385   Older>   Last