Bursa Alert
Global Market
NewsStocks With Momentum Xidelang Holdings
Page 1 of 1
Stocks With Momentum Xidelang Holdings
by Cals Wed 01 Jul 2015, 01:05
Stocks With Momentum
Xidelang Holdings
[You must be registered and logged in to see this image.]
By Asia Analytica / The Edge Financial Daily | June 30, 2015 : 10:22 AM MYT
[size=14]Xidelang Holdings Ltd ([You must be registered and logged in to see this image.] Financial Dashboard) (+ve)
SHARE price of Xidelang (Fundamental: 1.3/3, Valuation: 1.5/3) attempted a rebound last week but fell 7% to 13.5 sen yesterday. This came after its major shareholder cum managing director disposed 138 million shares or 10.5% equity interest on the open market at 13 sen per share last Thursday.
Earlier in May 2015, the China-based sports apparels manufacturer proposed a 1-for-3 bonus warrant issue, which went “ex” yesterday.
For 1Q2015, net profit slumped 71% y-o-y to CNY 4.0 million, representing the fifth consecutive y-o-y fall in quarterly profit. Revenue saw a 16% decline to CNY 102.5 million, primarily due to lower sales volume and intensifying competition from foreign brands.
Xidelang has a net cash position of CNY 526 million (equivalent to RM321 million), 1.5 times its market capitalisation of RM205 million. However, no dividend was paid for 2013-2014.
Xidelang trades at a trailing 12-month P/E of 8.5 times and 72% below book value.
[You must be registered and logged in to see this image.]
This article first appeared in The Edge Financial Daily, on April 27, 2015.
[/size]
Xidelang Holdings
[You must be registered and logged in to see this image.]
By Asia Analytica / The Edge Financial Daily | June 30, 2015 : 10:22 AM MYT
[size=14]Xidelang Holdings Ltd ([You must be registered and logged in to see this image.] Financial Dashboard) (+ve)
SHARE price of Xidelang (Fundamental: 1.3/3, Valuation: 1.5/3) attempted a rebound last week but fell 7% to 13.5 sen yesterday. This came after its major shareholder cum managing director disposed 138 million shares or 10.5% equity interest on the open market at 13 sen per share last Thursday.
Earlier in May 2015, the China-based sports apparels manufacturer proposed a 1-for-3 bonus warrant issue, which went “ex” yesterday.
For 1Q2015, net profit slumped 71% y-o-y to CNY 4.0 million, representing the fifth consecutive y-o-y fall in quarterly profit. Revenue saw a 16% decline to CNY 102.5 million, primarily due to lower sales volume and intensifying competition from foreign brands.
Xidelang has a net cash position of CNY 526 million (equivalent to RM321 million), 1.5 times its market capitalisation of RM205 million. However, no dividend was paid for 2013-2014.
Xidelang trades at a trailing 12-month P/E of 8.5 times and 72% below book value.
[You must be registered and logged in to see this image.]
This article first appeared in The Edge Financial Daily, on April 27, 2015.
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» Stock With Momentum: Xidelang Holdings
» Stocks With Momentum Hibiscus, PJ Development, Xidelang
» Stocks With Momentum Xidelang, Taliworks, KAF, Jaycorp, BTM Resources
» Stocks With Momentum EA Holdings, Mudajaya, Muda Holdings, Sapura Resources, B.I.G, Taliworks, Bioalpha , Asia Poly, EG Industries, SLP, P.I.E
» Stocks With Momentum Malakoff Corp, ML Global, Anzo Holdings, Kanger International, M3 Technologies (ASIA), CSC Steel Holdings, Ann Joo Resources, Cyp
» Stocks With Momentum Hibiscus, PJ Development, Xidelang
» Stocks With Momentum Xidelang, Taliworks, KAF, Jaycorp, BTM Resources
» Stocks With Momentum EA Holdings, Mudajaya, Muda Holdings, Sapura Resources, B.I.G, Taliworks, Bioalpha , Asia Poly, EG Industries, SLP, P.I.E
» Stocks With Momentum Malakoff Corp, ML Global, Anzo Holdings, Kanger International, M3 Technologies (ASIA), CSC Steel Holdings, Ann Joo Resources, Cyp
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|