Post Reply
21-40 of 604
Anyone going for the AGM on Mon 30 April at the Crown Plaze @Changi Airport, 9am? Should go make noise like DBS shareholders, as it seems that the company still profitable, but may not declare any dividents at this AGM. Also, seem to have spent quite a heavy sum on online presence but no clear news on the status of their own factory and no clear news on the status of the development of an online sales portal (not difficult to setup?).
not suspended
really? No scare me cos i got $ stuck at this stock ah....
suspended since today?
slowly up $0.005 today... is this counter hv potential to grow up?
Is this good news ?
China Sport International Limited announced that our wholly-owned subsidiary, YELI China Co., Ltd. has entered into a conditional sale and
purchase agreement
with Ms. Li Si Zhi to purchase 10% of the aggregate paid-up registered
capital of the wholly foreign-owned enterprise established in China,
Jinjiang Guosheng Shoe Material Co., Ltd.
http://sgsharemarket.com/home/2011/06/singapore-company-highlights-06062011/
China Sports’ 1Q net profit falls 22.3% to $3.9m
China Sports International, the branded sports fashion footwear and apparel company, says net profit for the first quarter ended 31 March 2011 (1Q11) fell 22.3% to RMB 20.2 million ($3.9 million) from RMB 26 million in 1Q10 as group revenue declined 29.8% y-o-y to RMB 264.8 million.
The decrease in revenue was mainly due to tougher competition in the industry, especially for footwear products that resulted in weaker demand for the group’s products. However, the drop was offset by higher sales of apparel and accessories which were driven by more YELI specialty stores being opened.
Group gross profit margin increased from 15.0% in 1Q10 to 20.6% in 1Q11 due to the improvement in footwear gross margin as well as positive shift in product mix with higher contribution to group revenue from YELI apparel and accessories products.
Earnings per share in 1Q11 was 2.10 RMB cents while net asset value per share as at 31 March 2011 was 118.40 RMB cents.
========================================================================It is time to diversify your portfolio or recover your losses in stock.
To reach financially freedom, you need to invest.
Invest in land and get a double return in 4 to 5 years.
It is just about 150 lots of China Sports for 1 unit of land.
Where?
http://www.youtube.com/watch?v=kMOvjDJeOuQ
How?
Message (Contact) me here for details.
========================================================================
Very dangerous to play S-chip now.....seems like every now and then....one will just imploded.....sucking things within the 40km radius.......
k3n888 ( Date: 21-Mar-2011 23:36) Posted:
| Stock is picking up... Positive growth for 2011. Goodluck everyone!
|
|
Stock is picking up... Positive growth for 2011. Goodluck everyone!
Not really true, my worst experience is not in China company but Singapore one which is ACCS currently know as MDR, those that have experence the ACCS will know it...Thus every company there is risk, just how you contain the risk only.
GuavaXF30 ( Date: 05-Mar-2011 09:35) Posted:
High risk. This counter has always been the " small" brother amongst Chinese sports wear counters. Now with CHX in trouble, not likely to attract investor interest. Better to look at other businesses where there are many that are equally low valued.
k3n888 ( Date: 05-Mar-2011 01:40) Posted:
| negative sentiments on S-Chips has pushed this stock down. NAV as of DEC 31 is close to 22 scents. based on latest FS. Undervalued stock, and if the competitor is currently in trouble due to accounting woes, then a good opportunity for Yeli to get back to the market.
|
|
|
|
Account issue does not mean that the product have problem, thus to expand the market shares is not possible, just look at all the advertisements and event China Hong Xing is still operate as normal, only that share suspent for Account audit. If the audit show no major problems then it is still a good fundamental stock, if there is major issue like false account declaration, and result in cash flow issue in operation, then it is possible for other sport retailer to force it out of the market.
k3n888 ( Date: 05-Mar-2011 01:40) Posted:
| negative sentiments on S-Chips has pushed this stock down. NAV as of DEC 31 is close to 22 scents. based on latest FS. Undervalued stock, and if the competitor is currently in trouble due to accounting woes, then a good opportunity for Yeli to get back to the market.
|
|
guava is right. Best is omit playing china stock.
GuavaXF30 ( Date: 05-Mar-2011 09:35) Posted:
High risk. This counter has always been the " small" brother amongst Chinese sports wear counters. Now with CHX in trouble, not likely to attract investor interest. Better to look at other businesses where there are many that are equally low valued.
k3n888 ( Date: 05-Mar-2011 01:40) Posted:
| negative sentiments on S-Chips has pushed this stock down. NAV as of DEC 31 is close to 22 scents. based on latest FS. Undervalued stock, and if the competitor is currently in trouble due to accounting woes, then a good opportunity for Yeli to get back to the market.
|
|
|
|
High risk. This counter has always been the " small" brother amongst Chinese sports wear counters. Now with CHX in trouble, not likely to attract investor interest. Better to look at other businesses where there are many that are equally low valued.
k3n888 ( Date: 05-Mar-2011 01:40) Posted:
| negative sentiments on S-Chips has pushed this stock down. NAV as of DEC 31 is close to 22 scents. based on latest FS. Undervalued stock, and if the competitor is currently in trouble due to accounting woes, then a good opportunity for Yeli to get back to the market.
|
|
negative sentiments on S-Chips has pushed this stock down. NAV as of DEC 31 is close to 22 scents. based on latest FS. Undervalued stock, and if the competitor is currently in trouble due to accounting woes, then a good opportunity for Yeli to get back to the market.
Cheap to buy again
good volume today.. will push up till at least $0.14...cheers
think china sports still has room to move up... right now the price also just right. fell down from $0.80. a good buy. cheers....
Related to the post on 24-Nov, but not related to the current high volume.
lengkoon74 ( Date: 30-Dec-2010 11:11) Posted:
How is this story related to China Sports? |
|
How is this story related to China Sports?
