KL Trader Investment Research Articles

KNM - Cash call in uncertain market

kltrader
Publish date: Fri, 22 Jun 2012, 09:24 AM
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This is a personal investment blog where I keep important research articles relating to KLSE companies.

KNM Group; Hold; RM0.73
Target Price: RM0.70; KNMG MK


Two-call rights issue of 500.5m shares with free warrants to raise RM200m. Significant dilution to EPS with no immediate earnings accretion. Maintain HOLD with RM0.70 TP.

Source: HwangDBS Research - 22 June 2012

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Be the first to like this. Showing 6 of 6 comments

KC Loh

That one old issue la yapts. The rights exercise done already

2012-12-14 16:11

Namoyaki Takarajima

KC, yapts like old things, antique!

2012-12-14 16:15

KC Loh

You just came back from abroad NT?

2012-12-14 16:18

Namoyaki Takarajima

Yes KC, from the Great Wall of Jerussalam.... :)

2012-12-14 16:19

Namoyaki Takarajima

LOL. KC, Japan ler...

2012-12-14 16:26

KC Loh

I thought mercy mission with mukhriz

2012-12-14 16:31

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