|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|0.88 ||0.47 || -0.41 (46.59%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
|03/03/2014 ||0.645 ||0.53 ||-0.115 (17.83%) ||HOLD ||MIDF || |
|29/11/2013 ||0.435 ||0.40 ||-0.035 (8.05%) ||SELL ||MIDF || |
tjhldg hehee ... bro matrix , si mit mit kia ho say liao ? psiptek ? symlife ? kikikikii
tjhldg speedy boy ... megb 0.415/0.42 ... just buy ( tempolary lah )... is become atm liau .. congrat u also ...kikikikii
scjm l&g also raised loan internally for example despite having huge retained earnings. wonder why?
do we consider knm having made profit with positive free cash flow from its operation as irrelevant? how many listed companies do have institutional participation? why do the institutions still hold the shares? transmile actually lost money but not as per its financial reports. are we suggesting that knm have also some irregularities in its finacial reports?
bb55 I am a newbie ,I really can't understand the mkt cos before EMG everybody hope it will pass so that the price will up , but now since all the thing pass then ppl started to say no good and worry the price might drop can anybody be kind enough explain for me? Thanks for explanation
connie scjm .. thank you so much for your comments :D greatly appreciate it !
connie 1) why did knm propose PVR ??? clearly stated in the egm. the share price was too low in jan 2014 and knm cud not issue new shares below its par value.
4. RATIONALE FOR THE PROPOSALS
4.1. Proposed Par Value Reduction
As at 24 January 2014, being the market day prior to the announcement of the Proposals, the closing price of KNM Share was RM0.565, which is at a discount of 43.5% to the existing par value of ordinary shares in KNM of RM1.00 each. The current market price of KNM shares is not conducive for KNM to embark on any fund raising exercise and/or corporate exercises involving issuance of new shares due to the fact that the Company cannot undertake a new issuance of securities below its par value. Accordingly, the Proposed Par Value Reduction will provide the Company with greater flexibility to raise funds and to implement future corporate proposals which entail the issuance of new shares.
2) as posted here before, when knm announced the PVR in jan 2014, share price rose 4%. how come so positive then and so negative now !!
TO ALL KNMERS ... GOOD LUCK :D
Alexofb2b connie, Most of our traders/investors are irrational, . Looking at the financial performance of KNM, i would not buy KNM then / now.
A company must add values to investor's funds, but Not reducing it and worst of all asking for more monies now(via issuing Right issues near term) for the unconfirmed upcoming projects.
May God Bless All
connie noted with thanks alexofb2b ... PVR is a trend among listed companies to fuel trading activities (as stated in the article !)