Kannibu

Kannibu | Joined since 2014-01-03

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Stock

2014-06-09 10:54 | Report Abuse

My prediction is correct in the sense that Kheesan need no cash but LONBIS. The heavy selling of Kheesan shares on Friday (almost 11m shares traded !) confirmed the disposal by the management to encash their shares as the money has been raised in Khessan through ESOS

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2014-06-06 10:42 | Report Abuse

And the board of Kheesan owes the shareholders an explanation for having to do this ESOS issue at $0.61 per share

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2014-06-06 10:35 | Report Abuse

because it will show how dire straits Kheesan (or LONBIS) is in need of cash, despite having to take a loss of $0.39 per share issued immediately

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2014-06-06 10:33 | Report Abuse

If Kheesan has to issued an ESOS with a $0.61 price and take the hit of a -$2,125,000, then it really worries me as a Kheesan's shareholder

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2014-06-06 10:17 | Report Abuse

Although the sum of $2,125,000 bears little influence in deciding a bonus issue later (some rich bugger like DS Liew who arrive in the media award night in a blistering Rolls Royce JJB9323)(but not sure whether is his, maybe provided by event marketing agency of that function, LOL) may shrug it that it is only a paltry sum

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2014-06-06 10:13 | Report Abuse

This damps my hope of being a shareholder of Kheesan who are looking forward to a bonus issue in the near future. And I am sad

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2014-06-06 10:12 | Report Abuse

Lets come back to Kheesan.

If the ESOS is NOT issued at $1.00 and at market price of say $0.61 per share, that mean Kheesan will have to enter a negative share premium of $0.39 per share into the reserve account of the balance sheet. That is -$2,125,500 in the Reserved together with retained earning of Kheesan.

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2014-06-06 10:02 | Report Abuse

Being a young man, I can see his eyes glows with the limelight from this kind of high life. I don't blame him for enjoying what he likes, but please don't do it with the shareholders money. This kind of spendthrift habits only goes to demote one's reputation

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2014-06-06 10:00 | Report Abuse

For this, I will spare him the bombarding here by leaving the firing squad to the rightful shareholders of LONBIS, to question why he spend this huge money in a market that LONBIS market share is only less than 5% of total LONBIS revenue

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2014-06-06 09:57 | Report Abuse

And I don't like the way DS Liew Yew Chong spend LONBIS advertising money in sponsoring MediaCorp TV50 Award http://www.youtube.com/watch?v=GhpaAq_VUxU, although I am not a shareholder of LONBIS

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2014-06-06 09:51 | Report Abuse

But don't ever try to short change the shareholders of Kheesan, by re-routing the $5,450,000 cash back to LONBISC, as I don't see why Kheesan needs the new fund more than LONBISC which had already chalked up in excess of $200m of loans and capex

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2014-06-06 09:49 | Report Abuse

If indeed the ESOS is issued at $1.00 per share, then I put my hat off to the Liew's Family for doing a great "charity" to Kheesan

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2014-06-06 09:47 | Report Abuse

2) The Liew's family is doing a great "charity" to the shareholders of Kheesan by losing $2,125,500

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2014-06-06 09:45 | Report Abuse

Only 2 cow sense comes in :

1) Kheesan is seriously and grievously in need of fresh cash, as the case of LONBISC had shown (Note : LONBISC owned a direct 32% stake of Kheesan).

Are we to expect that part of this proceeds of $5,450,000 will be finding its way "stealthily" into the bank account of LONBISC?

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2014-06-06 09:40 | Report Abuse

If my presumption hold true, these 5,450,000 shares must have been taken up by the Liew's family, being the directors and key management staff of Kheesan.

The next question then will be why the Liew's family is willing to take the hit of a $2,125,500 loss (being $0.39 x 5,450,000 shares) ?

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2014-06-06 09:37 | Report Abuse

This is interesting. The ESOS is issued (at the minimum price of $1.00, being Kheesan's par value). How on earth the employees are taking up the ESOS at a loss of $0.39 per share, considering that the ESOS is at $1.00 and yesterday's closing price is $0.61?

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2014-06-06 09:35 | Report Abuse

ESOS listing of 5,450,000 shares

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2014-06-03 20:55 | Report Abuse

spare us please

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2014-06-03 20:52 | Report Abuse

we know what we are doing, candy girl. Please confine your war with whoever out there in your lii hen thread and leave us alone

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2014-06-03 20:49 | Report Abuse

ya man, some lowlifes tainting i3

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2014-06-03 20:43 | Report Abuse

here comes another lowlife

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2014-06-02 18:54 | Report Abuse

saltedfish, some one lowlife is using your photo.

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2014-06-02 07:27 | Report Abuse

Pls share the positive news, 1M

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2014-05-30 11:42 | Report Abuse

Wants to eat salted fish, be prepared to fend off the thirst

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2014-05-29 18:31 | Report Abuse

typical squeezing exercise to flush out weak holders before a big push

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2014-05-29 13:27 | Report Abuse

yes true, very strong support levels from 1.38-1.39, since the whole of this week

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2014-05-27 19:02 | Report Abuse

good entry price 1.38

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2014-05-25 15:07 | Report Abuse

Posted by wikileaks > May 24, 2014 10:03 PM | Report Abuse 
1.41 is the cheapest you can get, as I will standing steadfastly at 1.40.

so don't dream you can get anything less 1 40

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2014-05-25 11:00 | Report Abuse

miles apart lah

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2014-05-25 10:48 | Report Abuse

stock dead. The volume says it all

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2014-05-21 21:23 | Report Abuse

wow, what a strong run to 1.50 with commendable volume. Surely some fantastic result is forthcoming

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2014-05-18 19:55 | Report Abuse

If what wikileaks said is to be trusted, that mean we must buy now around 1.37 before the result on 22/5 and can make 15 sen by 31/5.

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2014-05-18 19:49 | Report Abuse

Posted by wikileaks > May 13, 2014 09:03 PM | Report Abuse

21 or 22 May
Another blockbuster result !

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2014-05-15 12:05 | Report Abuse

stay away from that carpet trader

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2014-05-15 12:01 | Report Abuse

No one play

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2014-05-15 12:00 | Report Abuse

This is still the best shelter in furniture stocks amid the Vietnamese rioting on-going now

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2014-05-15 11:57 | Report Abuse

Now dead, after only one session ecstasy

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2014-05-15 11:56 | Report Abuse

These aggressive Vietnamese are plunging their country into a road of no return. Sigh

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2014-05-15 11:55 | Report Abuse

Anyway, I bought at 50,000 shares at 2.78 today

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2014-05-15 11:54 | Report Abuse

Look stabilising at this level 2.80-2.82. Of course if another bad news emerge from Vietnam, this may not hold as well.

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2014-05-14 17:22 | Report Abuse

Why it goes up, anyone?

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2014-05-14 17:20 | Report Abuse

he asked the question and he answered himself. Funny

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2014-05-14 17:19 | Report Abuse

haha serve him right

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2014-05-14 17:18 | Report Abuse

soft throughout the day

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2014-05-14 17:17 | Report Abuse

Good closing with notable buying at 1.37. Someone is definitely accumulating

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2014-05-14 15:28 | Report Abuse

Panic selling from the vietnam fiasco.
Be greedy when others are fearful

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2014-05-14 15:27 | Report Abuse

...but big big buying at 1.31 to 1.35

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2014-05-14 15:26 | Report Abuse

No panic selling like in Latitud and Pohuat

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2014-05-14 15:19 | Report Abuse

No more interest?