http://www.kitcometals.com/charts/aluminum_historical_large.html
aluminum price keep going up, and all the call warrant in market is reducing..good sign. everyone start to know the value of call warrant for long term.

today market is red, best time to collect.

wah..few article cover this counter yesterday and today
http://klse.i3investor.com/blogs/kianweiaritcles/57298.jsp 8 Aug
http://klse.i3investor.com/blogs/klgemseeker/57264.jsp 8 Aug
http://klse.i3investor.com/blogs/kenangaresearch/57218.jsp 7 Aug

http://www.orientaldaily.com.my/~oriental/index.php?option=com_k2&view=item&id=131162:42&Itemid=198
（吉隆坡7日讯）中石化炼化工程（集团）有限公司（SINOPEC Engineering（Group）Co Ltd）从国家石油子公司--PRPC提炼公司，以及Cracker私人有限公司手中，接获总值42亿5900万令吉的合约通知书。

另一方面，科恩马集团（KNM，7164，主板工业股）向大马交易所呈报的文告指出，其独资子公司--KNM Process Systems私人有限公司（KNMPS）被选为中石化炼化工程的分包商，以执行后者所贏取的该项合约。

Looking ahead, we see two clear catalysts emerging. Firstly, KNM is a direct proxy to RAPID. With seven major tenders worth e.MYR60b in the pipeline, the addressable process equipment bid size is MYR18b (over a 4-year period). Assuming a 20-25% win rate, KNM’s potential RAPID orders of MYR4b-5b (MYR1b p.a.) would improve its annual orderbook by 50% to MYR3b (4-5 years visibility).

Secondly, executing the Peterborough project in 3-years’ time would transform its current cyclical business model to one with a more recurring income base. With an 18MW (Phase 1) waste-toenergy plant, KNM could generate MYR40m-MYR50m in net profit p.a. from FY17, based on a 10% IRR and 80% equity stake. Total capacity is 80MW.

Source: Maybank Research - 5 Jun 2014

Hi 99kandar, hope you also huat ah in your daily trading.

look like Sumatec start aggressively working toward his goal to become The Leading Malaysia Independent Oil and Gas Company.

http://www.theedgemalaysia.com/business-news/301750-cn-asia-shares-advance-as-kenmakmur-confirms-interest-to-acquire-stake.html

http://www.chinapress.com.my/node/549817
CNASIA and sumatec...
CN Asia announced plans for a proposed production of liquefied petroleum gas and condensate from natural gas supplied by the Rakushechnoye oil and gas field

since EPF holding this share..should be good, today price not up maybe control by EPF again just like Skpetro..

so all the bonus and free warrant will not earn money..unless warrant being goreng up, and mother share price will not drop too much after exdate.

http://klse.i3investor.com/servlets/anpth/1003782.jsp go to attachment page 5 2.2.2
mention exercise price 0.1. Hope this will help.
i not holding this share..just sharing

20 mother share get 9 bonus
20*0.42(closing price)/29=0.2896 assume 0.29

2 mother get 1 warrant with exerice price 0.1
(2*0.29+1*0.1)/3=0.2266

New adjusted price for mother is 0.227 or 0.226
pls correct me, I learn from recent free warrant issue on eforce.

sumateec will break sona and start chase cliq

hope sumatec can better than cliq 0.64

Zelan when secure new project also go higher and come down on 25/7.....BUT next day continous up from 0.32 to 0.4 today price.Will Knm follow the pattern after people take profit..and continous uptrend.
Sumatec after Private placement also drop to 0.47 (5 Jul)...but next day go up to 0.49 today 0.5.

Bu when the price start stable..

Catalysts
• Announcement of RAPID contract win.
• Financial closing of EnergyPark Peterborough.
• Strong quarterly earnings due to lower finance cost.
• Relisting of Borsig to unlock value.

Risks

Fluctuation in the oil price; Project execution ability; Delay in contracts award.

Valuation

We initiate coverage on the company with a target price of RM1.35 based on 16x FY15 P/E, premium to its peers’ average target of 14-15x given its strong earnings growth prospect (CAGR of 55% from FY14-FY16). Our TP have not factored in value from EnergyPark Peterborough yet. BUY.

Source: Hong Leong Investment Bank Research - 2 Jul 2014

Top Picks

To capitalise on the RAPID theme, our top pick is KNM (BUY: TP:RM1.35). Our TP have not factored in value from EnergyPark Peterborough yet. Phase 1 (23% of total 80MW) will add RM0.39 to our TP.

Source: Hong Leong Investment Bank Research - 7 Aug 2014
Mean Hong Leong TP should 1.35+0.39= 1.74 if included Peterborough

Top Picks

To capitalise on the RAPID theme, our top pick is KNM (BUY: TP:RM1.35). Our TP have not factored in value from EnergyPark Peterborough yet. Phase 1 (23% of total 80MW) will add RM0.39 to our TP.

Source: Hong Leong Investment Bank Research - 7 Aug 2014

yes, pp is past tense...now hope like KNM..everyday up for uplifitng..than EPF buying

let see after 10 am result, q to buy is high, hope can continue move up,

GSB up 0.120..free float is very low

Last pp 0.1

Private Placement of 40,000,000 new ordinary shares of RM0.10 each in GSB Group Berhad ("GSB"), representing 10% of the issued and paid-up share capital of GSB
on behalf of the Board of Directors of GSB, Hong Leong Investment Bank Berhad is pleased to announce that the Proposed Private Placement has been completed following the listing of and quotation for 40,000,000 Placement Shares on the Main Market of Bursa Malaysia Securities Berhad today. This announcement is dated 9 April 2014.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1590089

hope this help to reduce the risk, ladr pp is at 0.1. Current price is 0.105

hi, calvintaneng, tonight pls share more about this counter. thanks. Like your Mulpha analysis. hope this also under value gem too.

http://www.business-standard.com/article/pti-stories/aluminium-futures-up-0-12-on-global-cues-pick-up-in-demand-114080400341_1.html

current price is 0.8949USD/lb, this year high is 0.9036 USD/lb (22/7)
http://www.kitcometals.com/charts/aluminum_historical_large.html

Smelters are being shuttered worldwide due to rising costs. At the same time, demand is expected to grow by 6% annually due to higher usage in automobile, aerospace and other industries. For the first time in almost a decade, there will be a global aluminium deficit of 930,000MT this year
Press Metal is a direct beneficiary of rising aluminium prices. Its smelters are currently operating at maximum capacity (440,000 metric tonnes) and have competitive production costs compared to peers.
Source: AmeSecurities

if drop buy lower, if up buy higher. less risk

lock profit and buy back. and see what happen tomorrow.

will rebounce back to previous high

Just check top 16 holder for pmetal take up 55% of share, corporate & institute take 14%, mean still have 30% on public but hard to see this 30% flow on market...mean a lot buyer buy and hold this share for long term. Should be good news to investor.

d. consolidate for 4 to 5 days and shootup again

1st apr 2.26, 1st Aug 5.77, 4 month up 3.51= 0.8775. So scary.

If aluminum price continue up, this share easily can more than RM 10, from april until now already up RM 3 in 4 month time, everage 0.75 per month..and the TP keep on change to higher TP. Latest is RM7.38 by RHB. look like will break on Oct 2014. By looking the Aluminum Historical Charts - LME Stocks, it will be lowest than 2010 end of this year..which mean the price will go to 1.2 USD/ lb..now only 0.87 USD/lb. http://www.kitcometals.com/charts/aluminum_historical.html
buy at your own risk.

How much is the execise price for warrant?

big boy press down the price to collect more and flush the contra player?

coming back...

up fast down fast..now we knew the resistance at 0.26. time to collect for long term again

time to collect?

going down ..back to today open price...

now warrant 6.5% premium. mother at 0.305 warrant at 0.225

now consolidation...wait and see 10am result...let the contra selling first

still well support...look like the price can hold. now only contra player selling share..if price move..this contra player will change the selling q to higher price to sell

0.305 break..now go to 0.31

FX Lee... your TP is achieve

5.8 mil buy to 3.0 mill sell...0.305 almost break

0.3 just break, now go to 0.305

not much share selling on higher price.

0.29 and 0.295 strong support, if break 0.3...mother price will going up higher

now 0.3. look like big boy buying.