XPD 0.00% 1.3¢ xpd soccer gear group limited

Interesting report indeed.positive aspects1)NTA 21 cents if we...

  1. 423 Posts.
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    Interesting report indeed.

    positive aspects
    1)NTA 21 cents if we collected all the receivable plus cash.
    2)CEO’s employment contract ends this coming November - he will answer all our questions or get a new job and we get to keep all the money his family has built up. Or he will show himself running away with the money.
    3) I could see large negative cash flow in 2017, hence no dividend was paid out or just frugal? If this is true then it was a good decision.

    negative ends
    1)still no clear plan with what the ceo is planning yet holding all the money and all your favourite suspicions.
    2) one of large shareholders Chao Wei Deng hold over 9% of the company but under 2 different names separated by a title ONLY (account for 4.5% EACH accounts). A mysterious person and investment play. Someone do need to ask a few questions about who he is and where he is from.

    This is an Interesting company indeed, it makes Htran extremely paranoid now (with good reasons) and present a fascinating and yet dangerous investment on bipolar ends. Do not invest in XPD if you can’t afford to lose money on this one.
 
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Currently unlisted public company.

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