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2014-01-23 14:17 | Report Abuse
Maybe jump to Cliq or Sona Warrant, wait for QA. Might be better bet to recover.
2014-01-23 14:13 | Report Abuse
Guys...I looked through all the research to try to justify the price movement...
********** Extracted from research *************
Lowering our estimates. Given the uncertainties facing the company, including: i) the continuity of the Peterborough project, ii) weak prospects for its orderbook replenishment, and iii) weak operational capability to execute its projects, we lower our FY13 and FY14 revenue forecasts by 12.9% and 14.5% respectively. Consequently, we reduce our earnings forecasts by 22.6% for FY13 and 20.7% for FY14.
On the corporate front, we gather that the proposed listing of Borsig (its core division based in Germany) in the SGX has been delayed and is unlikely to meet the 2014 deadline
earnings from Borsig GmbH declined - 11.4%yoy and -32.6%yoy respectively
KNM is suffering from weakening orderbook, bleak term stock catalyst, potential roadblock in
the listing of Borsig on SGX and continued deadlock in Peterborough project financing
************************************************************
Added borrowing of EU220M in Dec
So why would the price moving now?
2014-01-23 12:48 | Report Abuse
No..KNM = either Kuda, Kerbau or Kambing Nak Mari. ....looking at the trend...I think its Kambing...last few months is Kerbau...slow slow up/down at 40-42 sen. Then Kuda...fast fast fly.....now u see the Kambing come la....run down, up, left, right....u want to chase the Kambing?
2014-01-23 12:39 | Report Abuse
Sona Mgt...pls fuel the jets and head to Algeria....Algeria is inviting O&G companies to submit bids for 31 plots with proven reserves. Best part is the state owned Oil producer is called Sonatrach. ..
2014-01-23 12:24 | Report Abuse
This is one Shoe company with no good footing at all.....back to 0.20....I will wait for u.....hahaha
2014-01-23 12:20 | Report Abuse
Safe bet to go in at 0.49. Wait till tmrw...
2014-01-22 17:31 | Report Abuse
Lee has said many things over the past years when the stock was just about to move..once open mouth, sure reverse gear all the way back to 40sen. He has never hit his milestones or turn around plans....:)
2014-01-22 17:20 | Report Abuse
Fat Cat...yes you are right...no way to varify the cash hoard in these china stocks. A lot of my friends, including me kena dy. Tmrw sure a bloody sea again for XDL. Consider very good dy can issue rights at 0.35sen.
2014-01-21 12:32 | Report Abuse
No volume...no news....but things might spice up with the coming SPAC in the F&B biz...heard its ex F&N mgt..
2014-01-21 12:25 | Report Abuse
From the past few weeks there is support around 1.12 level. Hard to say if 1.20 is cheap but if you can get a substantial volume between 1.12 to 1.20 then yes. Observed that very little sellers so hard to accumulate without moving the price up 0.12-0.16 at least.
2014-01-16 19:01 | Report Abuse
Wait for sg buloh land sale and plan....sure a heap of construction jobs for such a linked company...
2014-01-15 16:01 | Report Abuse
Sona mother can easily move, ppl nibbling and not much of a resistance. You see the son...just 2 bids up and sellers keep piling up. Should close at least 52sen by end nx week..
2014-01-13 17:58 | Report Abuse
Yes dragonfruits....there indeed is a reason....and maybe the price even break 50sen on Thursday.....know why?.....because Friday Thaipusam ma....a lot of goreng investor pray hard hard, vow to carry Kavadi up to Batu Caves...hahaha....
2014-01-13 17:44 | Report Abuse
Warrant conv price of $0.70, today closed at 87cnts...seems almost trailing mother...worth to buy warrant and keep? I see a lot of buy call at $2.30+ for this share....can ah? GST no impact to cost...but min wage might lower EBITA a little....anyone know..
2014-01-13 17:39 | Report Abuse
Can Gold turn to Diamond? if RM2.xx then diamond...
2014-01-13 16:02 | Report Abuse
Once go ex, it'll be like a 2 cnt share..might be some volume for those interested in being first in line for MCT shares...
2014-01-13 15:56 | Report Abuse
Only small marginal oil fields available for such SPC's. These are not viable for the bigger oil players whom go for proven reserves or perform deep sea drilling. The key is the technology used to not only predict the size of the reserves but also drilling, platform and storage/filling capability.
Some fields still have oil and it nearing the end of their concession period, these could be sold at relatively a lower cost as the yield in the coming years are unknown. A gamble yes, but no doubt if you play on the fact a QA has been identified and there are some numbers to prove reserves....surely upside...
Stock: [KNM]: KNM GROUP BHD
2014-01-23 14:43 | Report Abuse
Hopefully not April 1st news ya...