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CHINA STATIONERY LIMITED CSL (5214)

0.050 0.000 (0.00 %)

High: 0.050     Low: 0.050     Vol: 1,861,600 Average Vol: 145,978

last updated: 17-Oct-2017 4:56 PM

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[CSL] CSL: The Good, The Bad and The Ugly

There have been a lot of contradicting views on this stock for a couple of months now and lately since the fire broke out recently, and mostly negative perceptions.

I'm one of the many shareholders and have been steadily accumulating this share for a couple of months now with an average price of 25 cents, as it is a good fundamental stock though management are not. Even TA Securities have covered this stock and given a positive view sometime back in 2012 but then circumstances change, and also the majority shareholder acted suspiciously by dumping their share aggressively until 30 cents level and the company making a mockery of their buybacks. And even the Edge has given a sceptical view in their writings.

I witnessed that CSL products have been sold in the US market by Snap N Store through various established distribution channels like Giant, CVS, 7 Eleven and others and thus generate a high profit growth through selling their products in overseas market. But even if one has a chance to visit the factory in Fujian, the negative perceptions still remains.

The authorities and whoever govern the market should look into this seriously and acted accordingly. If we don't trust the auditors and the authority, then it makes no sense to invest in the Malaysian market.

How I wish that we, Malaysian, could control this company and manage it properly and put the management in right perspective. And I for one will continuously buy their share aggressively as it is now CSL still remains a biggest proportions in my portfolio.

I wish all the best for the BRAVE CSL shareholders, the once who has steadily holding this share which until now is on the down trend while most other counters are on the up trend.

Regards to all investors. Take care and hope the truth will prevail soon.
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well quite a well story u wrote there.. but from my pov, stationary business itself its a good business, however like u said how you wish we can manage it and expand and manage the business.. this is one of the reason i dont like china listed company... even if do.. further analyses needed.. cheers..
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Now, CSL is at its lowest price and still people hesitate to buy. Beside the fire which badly hurt the production, the income generated from 2nd quarter will be significant reduced too.

IF the cash flow is real,there is not a bit to worry, and CSL could even survive without any production for the rest of the year. CSL would received the insurance payment and the interest generated from the fixed deposit. And even CSL could bought over other good and promising company in their stable.

The things that worrying the investor is whether the cash is REAL. Without any unforeseen circumstances, I still invested in CSL until last week and CSL still remained the biggest portion in my portfolio.

I have now closed my buying on CSL and will hold as long as the fundamental still looking good. Can't tell which directly it is going but 19 cents seems to be a very strong resistance.
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yaya its cash is huge..many china listed company their cash is huge too..but did they climb up before after a big downturn?mostly no..even how good their report it is ,malaysia investor the 1st thing they will be consider or cross their mind its a china listed company..not reli many ppl have the guts to invest that..besides as u said the following quarter will be affected due to the fire incident..i dont think is suitable to invest at all..u can try to look at other company which can bring u higher return and lower risk..jus base on my opinion..anyway goodluck:)
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http://form.jotform.me/form/41912509051448
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[CSL] Csl

This counter is causing jitters. Suddenly, on 17/6/14 it has come back alive. Can someone please enlighten? Is it to be delisted? Thanks.
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