http://www.bursamalaysia.com/market/listed-companies/company-announcements/1119733

Quarterly result just announced with net profit RM44m. Let's see the price react later.

bought in 475 at 200 lots for contra. wish me luck

from this 2 days, we know ppl start selling before 20 Nov... Interesting... I think 20 Nov it might drop below 45 cents if still not contract or good quarter result announce..

... Yungshen1...

Net profit RM50m but revenue only RM600m.... You should know the Q2 2012 results are Revenue RM586m ad net profit RM34m.... Your prediction is really with no basic....

But the quarterly result must be good, if not, then must sell immediately irregardless how low the open price is.

Erm...Just a trading buy will do..

I believe the company will announce quarterly result today or monday and push up the price up to btw 54 to 57 cents... 20 Nov 12 is the listing date of rights securities and there will definately has selling pressure as ppl who regretted to pick up right issue will start selling down the shares once right converted to mother shares on 20 Nov.

So release the result on today or monday will push the price higher for ppl to sell down on 20 Nov

Erm.... I think the selling is not panic instead to push down the price for accumulate. Since KNM right has been over subscribed by 31.45% and so there is a possibility that fund managers push it down to accumulated since the application of excess rights issues might not be sucessful..

If you notice, the push down is fast to 50 cents but soon push up to 51.5 cents.. and quarterly results might announce soon so I might re-entry today for contra.. this counter always push down seriously then followed by a big rebounce later... rebounce could be this or next week.

"The Q32012 is expected to be very good and making profit since last Q32011 is making losses. It will be a boost to the share price as well."

I think we should compared the Q32012 results with Q22012 instead of Q322011. More accurate.

Dear all,

Dun focus only on KNM.. Just do a Contra for Sapurakenacana today and I believe this counter will go up tomorrow again as no reverse sign yet.

http://themalaysianreserve.com/main/index.php?option=com_content&view=article&id=2464:knm-group-sets-sights-on-path-to-profitability-this-year&catid=36:corporate-malaysia&Itemid=120

In order to list Borsig on SGX,the Borsig's result must be profitable. Just think what will you do "if you were a director, who wanted to list your company in the exchange with higher IPO Price". Of course - To show how good the company's profit/future is.

Read this "The last date and time for acceptance and payment of the Rights Issue as well as the last date and time for excess Warrants application and payment is at 5.00 p.m. on 5 November 2012 "

It explained why the price went up last friday to attract ppl to pick up the rights issue.

Small volume today and seem this counter will drop further for this week.

I borrow housing loan in Singapore and the interest rate for year 1 is only 0.8% and second year is 1.5% 3rd year 2.5%. But the fixed deposit rate here is less than 1% hahaha

No worries, Singapore mas will monitor the inflation rate and maybe sgd will be even stronger to curve the inflation which is good for ppl who working in singapore. Malaysia's tool for inflation is using interest rate but Singapore MAS uses currency. The sgd will be stronger for sure.

By the way, it is good for Knm to close above 55.5 cents. Dear all, please pay attention to Dyna Mac and this is a good counter for long term.

KC,

I am Malaysian and currently holding PR in Singapore. Erm... It is getting difficult to get a job in Singapore if you are not PR/citizen as compared to 2-4 years ago.

Especially now is SGD1 = RM2.5

A friend of mine just graduated from one of the well-known University from Malaysia and major in Marketing. He has been trying very hard to find a job in Singapore in past 3 months until recently recruited in a small company with only SGD1.4k per month.

But to me, he is the lucky one as I remember that when I just graduated from oversea and entered into a Malaysia local audit firm for only RM1.4k. Hahaha

One more tips - Maybe we can buy birdnest for investment now since the price is so low already... Keep the birdnest rating "Super" in the fridge and can keep for 3 to 7 years :) now is 1kg = RM1.8k for super rating stock.

Money is everywhere...

Capitamall Asia hit 1.870 from 1.800 today. Almost meet my target price... It will surely go up high again due to the increse in property price in recently.. Due to QE3, hot money will soon hit asia and hong kong has been imposed some measurements on property to prevent speculation. I think we should not only focus on Equity.. Investing in property also a good choice in Malaysia... Buy JB property and the return will even be higher than equity in future.

... No offense... This is only a short bounce back so dun be too happy yet. Just hope that it can stand above 555 today. If it can maintain uptrend on Monday then the chance of going up will be higher. Kencana could be a good buy for long term as well

How much commission will it be if I use Malaysia account to buy 150 lots of knm at 530? Can help? Definitely wont be lesser than rm500 I believe

None.. The commission of buying Malaysia counter from Singapore trading account is 1% and subject to gst 7% for commission and admin charges. So the total commission is around rm 1k. Total 150 lots is rm 76k x 1% plus admin and gst charges around 200

sold all my contra this morning at 575. Gain a bit

Let's see how. See hovid up like hell.. my pick seem all go well

lucky me as I bought 150 lots contra at 530 this morning.

Hahaha

But seem moving now....Hopefully can stand higher today..

2.5??

Yungshen1... Be careful of this counter and do not keep average. Just wait and see. Remember always set a cut loss price for it.

Sigh... Transmile was my top losses in my life.. That time I were holdig 5 lots at $12.50 dollars and ended up throwing my saving of RM62.5k into the deepsea!!

However, its changed my life.. In order to earn all my loss in the shorten way, I requested to transfer my previous job from KL to singapore branch. Life is getting better and I seldom invested in Malaysia counter except for Hovid and KNM recently.

To KC:

Hahaha... To simplify it:

"As long as the price does not hit below 50 cents, then I will hold and keep it in my locker :)"

To Yungshen1:
No target price yet :)

100 lots at 525 and also try apply for excess right for 100 lots. my cut loss point is 50 cents. Personally, I do not like KNM as well due to its high debts position, but with current price, it might worth myself for a try.

Must monitor KNM price movement closely and cut loss when necessary. Cut loss is always a good for counter like this.

Dun always think ppl will goreng this counter. Just buy some now since the price is consider cheap in oil and gas sector and keep it in locker and review it one year later.

Time for prediction session:-

My pick now:-

1) Capitamall Asia (SGX), Current price:SGD1.80, dated 25 Oct 12.
Prediction: SGD1.90 within 2 or 3 weeks.

2) Dyna Mac (SGX), Current price:SGD0.475, dated 25 Oct 12.
Prediction: Price under pressure due to new placement shares. Termasek just announced yesterday that it increased its stake in Dyna Mac by around 1%, 8m shares which is in line with what I had predicted in my first comments. I have recently studied the order book and time of completion schedule and quite sure that Dyna Mac will announce oustanding result in this quarter.

Reasons of recommending Oil and Gas: To monitor Sovereign Wealth Fund movement. In 2012, termasek had continued invested in Oil and Gas companies like Ezra Holding (Deepsea) and Dyna Mac (topside expert in Deepsea industry).

Time to buy some today..

Next 10 years? Dun think too much :) Maybe the world will be ended in Dec 12.

Perhaps, Fund managers pressing down the KNM right issues share to accumulate. Dun miss it :)

Hi minkhim82

Right issues is = Go google + Type Right Issues = Result

This is interesting to read your comments here especially KC Loh :)
Oil and Gas could be a best bet in within this year.

My top buy:-
Keppel Corporation
Dyna Mac - Current price SGD 47cents. Best buy!! Recently the coy issued new placement shares and I believe termasek will pick up some of those.

Oil and Gas companies have been picking up a lot in this 3 months like Ezra, Ezion and Dyna Mac.. Mostly 30 to 50% in Singapore. Time for Malaysia oil and gas to pick up.. Petra and perisai are well perform recently.

I just bought in KNM at 525 today for long term.. High risk high return.. To KNM, right issues is good as it helps to reduce the company's debts. So I believe that it is worth to buy some, hold and wait.