Tuesday, 6 May 2014

China Stationary - Fire and delayed audited account

The company is last trading at 0.13, 0.08 (38%) below my exit price on February 9th.

At this price the company still have a market cap of RM 160M, yet it supposedly hold over RM1B in cash at bank.

I wish investor in the company a big good luck.

A detailed commentary on the recent fire and delayed audited account has been written here

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