【 XingQuan交流专区】XingQuan Int-L Sports Hldgs Ltd (新IPO）谁有买？

slutodomo

回复 219# 猩猩王子

是的，如果你留意报告，他是因为一次性的上市费用，还有forex loss造成较低的盈利。所以你看到sales提高，可是eps却跌一点。实际上这些也是费用啦。应该算入。不过未来就会看到起很多。自己买入是因为看好未来中国中产阶级的发展。买来收一点，希望有股息。如果你有留意相关的行业，鞋业在中国的公司都是cash rich的，很少有高负债。可是必须小心翼翼的发展。有几家发展的超级快。很难想象卖鞋子可以开到6000-7000店面，好夸张。XingQuan目前在2000左右，目标是以后在5000左右。由于他在大城市外发展，相对较少京争

小小天边

我比较喜欢心泉应为他有自己的品牌。
他的零售店这2年内从1500 加到3000 。
明年新厂建好后，估计盈利会往上50%。
再说现在的pe4， 真的很安全。
这股不适合投机。

猩猩王子

没有研究msports，但据我所知它只生产鞋底。
而xdl的liabilities比较高，所以我比较喜欢星泉。
而包括在香港和新加坡上市，好像LiNing等等较大型的公司，
只有星泉是有同时生产鞋子和鞋底的，这是它的其中一个优势。
它的缺点是较小型，而且市占率较低。

小小天边

看来心泉的支撑点在1.12 、1.13. klci跌了50点心泉还撑得住。
心泉里底部不远了。只要不是大的调整。这里可能就是底部了。

大户最近吃下不少货。今年心泉也要派息 最少10-20% 净利
Friday,  22 Jan 2010  
  
5:17PM  Lembaga Tabung Haji (738,000 Shares Acquired)  
  
Tuesday,  19 Jan 2010  
  
5:20PM  Lembaga Tabung Haji (1,000,000 Shares Acquired)

roundedfly

现在在看。。。。
5155 XINQUAN  1.150         1.150       1.130         1.130            -0.020 2,081
掉了RM0.20

slutodomo

这个星期的the edge 介绍它，还有其他的红筹股

猩猩王子

FY 2010 2/4 Qtr.
EPS=RM0.16

XINQUAN 1.06 1.16 1.06 1.14 0.08 7.5% 17486 1.14/40 1.15/530
上了7.5%

小小天边

新厂还没建好，营业额就飞天了。这季eps 9仙。股息2.5仙 （16%净利）全年会有5-7仙 吧！！如果今年eps 是30仙++ ，pe就是3-4.
看到心泉的现金3亿 和业绩 ，我相信现在买入绝对超值。
PE 5= 1.5
预测明年星泉业绩翻倍。以这个价钱买进（1.14），也许明年就是开翻的时候。
现在不买，难道等pe10 吗？

merickc2

各位是不是忘记了像这类型的公司在新加坡所发生过的大新闻，飞蛾朴火最终烧到的是自己。

百万千万梦想

咔咔咔咔咔咔可

小小天边

好像看不到更新。
是什么问题。。。。
掉了RM0.02  。。。。 不是 掉了RM0.20

陳光發

回复 225# roundedfly


    当然那个你不要怀疑，你没有看错哦~我去看了！啊！也是一样的~有讲错你当我讲得好了~

百万千万梦想

kakakakakakakaka

小小天边

红筹股最大问题就是信心问题。他的业绩美到不能相信。
唯一担心的就可能是假帐风波了。
以一间pe3-4 ，没有负债，3亿现金，成长30% 简直是魔鬼般的诱惑。
年底新厂建好，业绩可能翻倍。 到时PE就1-2 了。
我就用一年来赌。。看看红筹股是龙还是虫。

slutodomo

回复 234# 小小天边


    如果他继续派股息，大家可能就会更加注意他

slutodomo

XingQuan星泉今天有特别宣布
http://readforalife.blogspot.com/2010/05/xingquan.html

FOR IMMEDIATE RELEASE
XINGQUAN RECEIVED STRONG ORDERS AT AUTUMN/WINTER 2010 SALES FAIR
‐ SALES ORDERS INCREASED BY 35% ‐
Jinjiang, Fujian, China, 5 May 2010 ‐ Xingquan International Sports Holdings Limited
(“Xingquan” or the “Company”, together with its subsidiaries the “Group”, stock code:
5155), a sportswear enterprise in the People’s Republic of China (PRC), has recently
concluded its Autumn/Winter 2010 Sales Fair (“Sales Fair”) with much success,
recording a strong order of approximately RMB673 million (approximately RM323
million based on the exchange rate of RMB1:RM0.48), representing a growth of 35% as
compared to the same event last year.
The Sales Fair which was held in the Asia Gulf Hotel in Xiamen, Fujian Province was
attended by representatives from all 29 regional distributors. Xingquan launched its
Autumn/WInter 2010 collection which featured over 70 new designs of apparels with
over 200 colour combinations and over 60 new designs of footwear with over 180
colour combinations. The Company also provided training on product knowledge and
promotion for distributors from different regions where it introduced new design
concepts, fashion trends and mix‐and‐match suggestions for the Autumn/WInter 2010
collections.
Mr. Wu Qingquan, Chairman and Chief Executive Officer of Xingquan said, “Xingquan
recorded a significant increase in sales orders due to the rapidly growing brand
acceptance of ADDNICE. In fact, our apparels are currently growing faster than our shoes
as consumers generally buy more than one piece of clothing to go with their shoes. We
continue to be aggressive in our brand promotion and our market expansion into
existing and new provinces are all effectively contributing to our growth. With that, I
believe ADDNICE brand will continue to create a strong brand establishment as one of
China’s fastest growing consumer brands in outdoor sport shoes, apparels and
accessories.
Xingquan’s own brand, ADDNICE, is one of China’s leading and fast growing consumer
brands in outdoor sports shoes, apparels and accessories. These are currently
distributed through a network of 1,702 stores across 22 provinces in China.
About Xingquan International Holdings Limited
Xingquan was listed on the Main Market of Bursa Malaysia Securities Berhad on 10 July
2009. Xingquan’s own brand, ADDNICE, is one of China’s leading and fast growing
consumer brands in outdoor sports shoes, apparels and accessories.
Xingquan and its subsidiary companies (“The Group”) recorded an audited revenue and
profit before taxation of RMB843.8 million (RM434.2 million) and RMB215.4 million
(RM110.8 million) respectively for the financial year ended 30 June 2009 ("FYE 2009").
The revenue of RMB843.8 million (RM434.2 million) represents an increase of 32.5% as
compared to the revenue of RMB636.8 million (RM327.6 million) recorded for the
financial year ended 30 June 2008 ("FYE 2008").
The audited profit before taxation of RMB215.4 million (RM110.8 million) for FYE 2009
represents an increase of 46.1% as compared to the profit before taxation of RMB147.4
million (RM75.8 million) recorded for FYE 2008. This was mainly due to the increase in
revenue and the improvement of the overall gross profit margin from 33.6% in FYE 2008
to 36.6% in FYE 2009.
The audited profit after taxation of RMB179.3 million (RM92.2 million) for FYE 2009
represents an increase of 38.6% as compared to the profit after taxation of RMB129.4
million (RM66.6 million) recorded for FYE 2008 which is in line with the increase in Profit
Before Tax.
‐ end ‐
Media Contact :‐
RAPR Mileage Communications Sdn Bhd
Irene Yeoh (irene@rqnet.com.my) / Shermaine Wong (shermaine@rqnet.com.my)

cheekhoon

希望可以节节向上！！

slutodomo

http://mystockfolio.blogspot.com/2010/05/xingquan-has-announced-3rd-q2010-result_17.html

XingQuan finally annouce 3q2010 result. As expected, it continues to grow.

Let's have a look:
EPS now is RM0.28, with current quarter result RM0.10,potentially it will reach EPS=RM0.40 at least this year.If P/E is 10, conservatively it should be priced at RM4.00, but looking at its low prices, P/E is really low.Investors should remain cautious also in its results.

Let's look at the 3Q2010 pdf report,in balance sheet, cash is RM286,810,000, total liabilities =current liabilities RM111,538,000.Cash is even enough to cover all debts.

Net cash=RM175,272,000/307,330,000=RM0.57 at the current market price below RM1.20, it is really selling cheap man.

Have a look at another announcement in press release.
---------------------------------------------------------
CHINA’S XINGQUAN REVENUE CONTINUE TO GROW STEADILY IN Q3FY2010 RESULTS
‐ Xingquan is in global institutional funds radar ‐
Jinjiang, Fujian, China, 17 May 2010 ‐ Xingquan International Sports Holdings Limited(“Xingquan” or the “Company”) today announced its unaudited third quarter results for financial year ending 30 June 2010 (“Q3FY2010”). The Company recorded a 59.6% jump in revenue for the reporting quarter as compared with the previous year’s corresponding quarter due to strong orders from its Spring/Summer 2010 Sales Fair amounting to approximately RMB500 million which was announced in October 2009.
Xingquan and its subsidiary companies (“The Group”) achieved revenue and profit before taxation (“PBT”) of RMB355.5 million (RM170.2 million ‐ based on exchange rate of RMB1: RM0.4787) and RMB80.8 million (RM38.7 million) for Q3FY2010. This represented an increase of 59.6% and 44.9% in revenue and PBT respectively compared to the previous year’s corresponding quarter (“Q3FY2009”).
The Group achieved revenue and PBT of RMB975.5 million (RM466.9 million) and RMB214.1
million (RM102.5 million) respectively for the 9 months financial period ended 31 Mac 2010 (“FPE 2010”). This represented an increase of 55.2% and 30.9% in revenue and PBT respectively compared to the previous year’s corresponding 9 months financial period ended 31 March 2009 (“FPE 2009”).
The Company’s revenue also benefited from the increase in the average selling price of outdoor and indoor sports and leisure shoes from RMB81.2 per pair in FPE 2009 to RMB 97.0 per pair in FPE 2010

Commenting on the announcement, Executive Chairman and CEO, Mr. Wu Qingquan said “I am proud to report the steady growth in this quarter results to my investors and shareholders in Malaysia. Xingquan’s revenue growth this quarter was mainly due to the strong orders from its Spring/Summer 2010 Sales Fair amounting to approximately RMB500 million which was announced in October 2009. In addition, the recent announcement on the success of our Autumn/Winter 2010 Sales Fair where we recorded approximately RMB673 million in sales orders will add to our strong order books.

The Group’s third quarter revenue also benefited from the rapidly growing brand acceptance of ADDNICE and market expansion into existing and new provinces in China. Xingquan to date has 1,801 retails stores across 22 provinces in China.
Mr Wu additionally said, I am happy to say that our recent shareholding list saw the entry of four large institutional investors from US and Europe emerging as our top 20 shareholders. This proves that Xingquan’s fundamentals are gaining recognition not only in Malaysia but also amongst significant global fund managers”, added Mr Wu.
Xingquan International Sports Holdings Limited Xingquan is an own brand manufacturer of shoe soles and shoes as well marketer of ADDNICE products. ADDNICE is one of China’s leading brands of outdoor and indoor sports and leisure shoes, apparels and accessories. ADDNICE products are currently sold and distributed to 1,801
retail locations throughout the People’s Republic of China.

小小天边

为何没有股息

4898

第一季 EPS 6sen
第二季 EPS 9 sen
第三季 EPS 10 sen
cumulative EPS 应该是 25sen, 可是bursa show cumulative year to date EPS = 28 sen???? 难道我错了？ 请指教