Dapai Intl   

Leading the pack

Something must be very wrong here..... with 100m still need to issue rights ??

Alligator      ( Date: 10-Jun-2011 20:26) Posted: Not holding any share. But for curiosity, check their last Q report Cash and cash equivalent RMB 539M or about S$ 100M   1 for four right issue at $0.08 , if all subscribed, 248M sharesx0.08= proceed =about S$20M sound very familiar to another one. lots of CASH ( in paper) yet money not enough.   Just be very careful. market sold down by 25% today.

 

Not holding any share.

But for curiosity, check their last Q report

Cash and cash equivalent RMB 539M or about S$ 100M

  1 for four right issue at $0.08 , if all subscribed, 248M sharesx0.08= proceed =about S$20M

sound very familiar to another one.

lots of CASH ( in paper) yet money not enough.

 

Just be very careful. market sold down by 25% today.

 

  Maybe due to this SGX Website Announcement


MISCELLANEOUS :: PROPOSED RENOUNCEABLE UNDERWRITTEN RIGHTS ISSUE OF UP TO 248,062,500 NEW ORDINARY SHARES (THE " RIGHTS SHARES" ) IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.08 FOR EACH RIGHTS SHARE (THE " ISSUE PRICE" ), ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 4 EXISTING ORDINARY SHARES IN THE CAPITAL OF THE COMPANY HELD BY SHAREHOLDERS OF THE COMPANY AS AT A BOOKS CLOSURE DATE TO BE DETERMINED, FRACTIONAL ENTITLEMENTS TO BE DISREGARDED (THE “RIGHTS ISSUE”)Jun 09 2011 07:41:27 PM

 

People very scary to talk about money with S-Chips.....

Greenbean      ( Date: 10-Jun-2011 14:42) Posted: Any idea on this stock and the big bear candle today (-32.1%). Currently $0.095. Yesterday closed at $0.14 .

 

Any idea on this stock and the big bear candle today (-32.1%). Currently $0.095. Yesterday closed at $0.14 .

 

That is the share trading game by BB, I suppose!

freeme      ( Date: 02-Jun-2009 23:08) Posted: haha cunning boss.. say share under value den buy up, up abit liao den offload..

 

haha cunning boss.. say share under value den buy up, up abit liao den offload..

 

THANKS, CENTAUR.

 

The boss just sold 25mil shares, you can check it out on the sgx web. Another huge block done for 150mil shares in the morning. Looks like he's selling again

francisd      ( Date: 29-May-2009 09:26) Posted: Any idea guys why this counter is down today. Very surprising. Can put some light on this. Just curious. Cheers.

 

Any idea guys why this counter is down today. Very surprising. Can put some light on this. Just curious. Cheers.

 

Am i right that the IPO price (in 2008) was 60 cents?
wah liao, stock is  now only 26 cents.

 

 

China Zaino chairman bought a major stake of 20+%. This is a very positive sign. Institutional investors also bought a chunk.

Now u know why the stock jumped on Thursday. Can go up some more or not?
Not sure, leh, but there are some analysts' target prices in the report at www.nextinsight.com.sg

 

great results! 13.5% dividend, 34.8% profit growth!
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_9E75521A0262C2FB48257569003EA28F/$file/PressRelease_FY2008.pdf?openelement

 

 

anyone vested in this guy? how come keep falling today!

 


China Zaino participates in BOC
International 6th Investors Conference
· Only SGX-listed Consumer-related Company to be invited
for the Conference
· Over 400 delegates from more than 30 fund management
houses, including QDII investors to attend investment forum
in Hangzhou
Singapore and People Republic of China, 04 June 2008 – SGX Mainboard-listed China Zaino
International Ltd (“China Zaino” or “The Group”), the No.11 backpack company in People’s
Republic of China (“PRC”), is participating in Bank of China International (BOC International)
Investors Conference 2008 in Hangzhou.
The conference will take place from 04-05 June 2008 at Shangri-La Hotel, Hangzhou. More than
400 investors and fund managers will be participating in the conference where China Zaino will
do a series of one-on-one meetings and group presentations about the company operations and
growth strategies.
“We are pleased to be invited by BOC International to participate in this prestigious investors
conference. Being the leader in PRC’s backpack industry, this is a good opportunity for us to
present to the international investment community about our business operations and
strategies. We are optimistic that sophisticated investors will be attracted to our growth
potentials in the PRC backpacks and luggage industry.
- Executive Chairman, Chen Xizhong, China Zaino

 

Date & Time of Broadcast

28-May-2008 20:32:27

 

1Q08

Rev  +84.6%

Profit  +97.8%

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C5C56D13DD8F4F114825745700189F59/$file/ChinaZaino-pressrelease-28may08-.PDF?openelement

 

Here's the one leading the pack... serious buyers only.

 

doesnt matters what it makes as long as it is a good business and market leader imho.

anyway, vested.

Forglory      ( Date: 28-May-2008 14:00) Posted: really undervalued? it just makes bags only lah...

 

really undervalued? it just makes bags only lah...

 

CIMB: 

China Zaino Int’l (S$0.59) - Initiating coverage - Undervalued consumer stock

Zaino designs, develops, manufactures and sells backpacks and luggage under its proprietary DAPAI brand. Frost and Sullivan estimates that DAPAI is the largest backpack company in China, with an estimated 35.8% market share by revenue in 2006. Demand for bags is robust in the PRC, owing to a growing Chinese population  and increased domestic and international travel. Armed with net IPO proceeds of Rmb410m, Zaino will be expanding its production capacity to satisfy demand in China. We forecast a 3-year earnings CAGR of 37% for FY08-10. Our target price is S$0.95, set at 7x CY09 earnings, which represents a 50% discount to average valuations for Chinese retailers under our coverage, in view of the slower growth of the backpack and luggage industry, compared with sporting goods. Initiate with Outperform.