http://www.tradingeconomics.com/china/steel-production
 
http://www.telegraph.co.uk/news/2016/12/17/beijing-orders-factories-cut-output-shut-tackle-urban-pollution/
 
humayun ( Date: 27-Dec-2016 20:48) Posted:
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Does anyone have info on when this company gave last dividend?
For a long period of time it has been showing loss and profit. Hardly given dividend and did not for rights issue either to collect money from public over the years. The counter has become a penny stock on extremely thin volume. One possibility would be majority owner is waiting for right time to delist by giving penny to minority share holders
 
Wow....guessed this type of profit and NAV is quite common for S-chips but the share price doesn't reflect the reality and remain at depressed level, therefore SGX must investigate the company before it goes kaput. Frankly there quite a few S-chips with such situations.
Secret_Squirrel ( Date: 08-Nov-2016 21:40) Posted:
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Long delong's NAV per share is more than 5 dollars. Yet share price only 29cts. Seems like share price is either too low or book value too high. Something must give sooner or later...
A hopeless company with hopeless management. First had to suspend operation then looks like forced to sell to Thai minority shareholders. Appears to have no management skills to deal with business partners.
Just announce at SGX website today
THE PROPOSED DISPOSAL OF THE GROUP&rsquo S ENTIRE STAKE IN DELONG (THAILAND) CO., LTD.
For details refer to SGX website
humayun ( Date: 09-Nov-2016 00:28) Posted:
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This counter keep going down since 2007. Hitting $0.27 cents just few weeks ago once valued more than $19 per share. It has been reporting profit for the last few quarters magically. However, not able fool investor yet.
3rd quarter net profit RMB 231,322,000.
NAV per share is RMB 26.55.
 
buysellbuysell ( Date: 08-Nov-2016 20:30) Posted:
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Resized once already still drop to $0.30...
TP for delong. $0.19x
TP for delong. $0.19x
Results just out. 
Take a look at the report at sgx website. 
 
According to annual report as of 18 March 2016, total shares issues only 110,182,709 shares. Only 26.73% of shares held in public.
 
Wind22i ( Date: 29-Oct-2016 07:33) Posted:
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Those who trapped in this pump and dump will be jialat monday
Hihihi....先 死 而 后 生 。
HuathuatLeo ( Date: 28-Oct-2016 07:45) Posted:
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wah DIE-LONG ah.. hahaha. Cham lo.
Secret_Squirrel ( Date: 28-Oct-2016 04:42) Posted:
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Profit guidance just announced yesterday 
humayun ( Date: 17-May-2016 23:24) Posted:
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A game might be underway. However for retails investor
" The  negative  working  capital position  was  RMB618.7million  as at  31 March 2016."
chakramagik1989 ( Date: 09-May-2016 13:05) Posted:
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Of coz any coy with core biz in steel/iron manufacturing now is not meant for investing but trading. These metals are worth so little now.
Having said tht their latest financial results in this tough economic climate is considered quite impressive.
Im surprised at the lack of market reaction this morning, and we shall wait and see..
Having said tht their latest financial results in this tough economic climate is considered quite impressive.
Im surprised at the lack of market reaction this morning, and we shall wait and see..
Any upside (if any) for this counter will be short lived.
http://delong.listedcompany.com/news.html/id/524597
 
see for yourself. better inventory improvement, increase in net assets are the icing on the cake of increased profits and margins. expect this sleeping dragon to come to live   next week.