Given the same common sense. KNM is nothing without Borsig. Which also means when borsig say "s*ck my t*ts!" What can KNM do? Everyone who invest in KNM are Borsig's b*tch.

Common sense will tell you that nedgeon is the biggest b*tch.
------------------------------------------------------------------------------------
Now we talk about common sense. Is there anything special in KNM without BORSIG ? If you can, share it with everyone here.

Puny shark just whack 3million shares 5 mins ago.

3B outstanding shares and hungry for my 500K shares. Your shark must be a puny shark that it will be blown out of water when I fart is it?

———————————————————-
Woodswater disclose personal holding is exposed ourselves into danger which attracting shark' attention .

likely intentions to grab low once sharks r hunger for ur holding will press further down prices

nice move to reveal during this period if Next week uptrend !

i like ur intention as i wish to buy @ 17 c or lower

wakakakaka

Answer simple question. Since KNM has no capability like borsig AT ALL, isnt it safe for me to say KNM has no cost control over borsig operational expenses?

If there is no cost control, wouldnt it mean if borsig need 500m, KNM hv to cough that money out.
And if borsig decide to hire nedgeon for RM5m a month to promote borsig, what can KNM do but to pay?

Why do you think there billions in revenue but no profit but there is little profit. Use abit common sense where do you think the money went?

Like i say…nothing to hide mar happily share lo…
Alot to hide mar become personal choice lo… hahaha

U also can tell who is full of crap and who doesnt.

Only a kid will call others a kid. And only a grown up will appreciate the privilege of being a kid.

If you are an old man, stay far far away. You don't have many 10 years to throws.
But me as a kid, I hv PLENTY. =P that's why i'm here.


Nch21396 Crazy fellow !!! Whose kid is dat ya???
05/11/2021 11:48 PM

I'm pointing out that you can't share your holding online here is complete bullsh#t. I showed you how, and now you shift the focus to not interested to show. So, it's fair for me to call u bullsh#tter if you don't hold up ur end. If it's real or not is beside the point.

You and him have different problem. And you and me have simple problem. If you entered at 50sen, it discredits everything you ever said as it's half truth. We need complete information to make investment. Not half information. If you can't be honest with simple question like that. What else are you hiding? Now, that's very useful for people reading what you write.

Don't talk c0ck...share first...then we decide..
Beside why are you afraid the truth? Especially when you know it's the truth. UNLESS, it's not. =P
I won't share the truth ONLY when the truth is something I want to hide of course. Are you hiding nedgeon? What are you hiding nedgeon? and why are you hiding?

But it's okay...but since u mention that he has been harassing you for years kinda tell you first entry.
It's okay you are stuck high. It's okay to believe you will one day recover your loss. But it's not okay to deliberate share half the story to support ur believe.

I do appreciate the good stuff you share here. So, I focus on the bad stuff. On the surface, RM370M bond expiring without cash looks ugly. Moving forward, the bond is guaranteed by Asian Development Fund. Given it's operating assets, it's just a matter of time it's refinanced. That's probably the first order of Tunku Yaacob business. Settling that and then selling Borsig at favourable price would give MAA quite a handsone return. If he manage to improve the operating margin, then KNM would look whole lot better. But then, it's has been said for many many years. Potential is there, but not exercised.

Now the risk! What has been REALLY GOING ON are tranches of RI and PP to raise fund for project and some projects has been delayed for VERY LONG before KNM can monetize it. KNM heavily reliant of their German subsidiary and management. How would you know if that German aren't using KNM as cash cow. Every time delayed. Also financed by KNM. Whenever they need money for overpriced project, can come KNM for PP and RI? Imagine you borrow money to run a project. After year you delay is additional 1 year interest paid before you are able to cash in the project or cash in at all. Now, that's a really bad business.

If Tunku can solve all that like how Gary Neal do, then we talk.

--------------------------------------------------------------------------------------

How we know what you show is not fake, how we know it is yours ? Whether it is yours or not, fake or real, I dont think anyone here are interested to see your trading statement. I never ask you for it either and I am not interested to see yours or anyone else trading statement, their buying or selling price.

If I show something like that here, truthspeaker and his entire gang will surely jump on me saying I am trying to con people with a fake posting. He already can accuse me day and night for years without any proof, all just based on repeated lies which he cant proof... if I post anything like that, I am dead for sure... finally his dream comes true, "a proof", he wont care real or fake.

I do not understand the logic of showing people your shareholding or the obsession to know what other people buying or selling price. Does it help anyone in any way or to learn anything ?

You see, you are doing useless thing and you want me to do the same thing ? and become an open target for more personal attacks. You are lucky that truthspeaker and his gang members are not interested in you.
06/11/2021 1:36 AM

Are you gonna conveniently ignore the question that you can share you holdings?
I can tell when u edit the pixels =D

nedgeon Nch21396 Crazy fellow !!! Whose kid is dat ya???
05/11/2021 11:48 PM

I am glad you notice it. this is just the tip of the ice-berg... wait until you see far worse ones...

I trying to tell u to watch out of your bias. It's not about what you believe. It's about what's true.

If you are too heavily invested or suffer too much losses. You can't think straight. You have no choice. U look at those stuck high with gloves. See the similarity? They refuse to accept it's over.

Wait another pandemic just to recover ur losses. Maybe next 15 years or 150 years. Nobody knows. That's what blind faith do to you.

I share you my small holding in KNM. Even i'm holding KNM, it doesn't stop me from sharing what I don't like about KNM. It's fixable. But requires honest management. Let's see what this Tunku gonna do. First order is to settle the bond, which they will. And see what else they can fix. =D

https://imgur.com/gallery/JCbfWHs' target='_blank'>https://imgur.com/gallery/JCbfWHs

Nah. Your turn. Just to prove the point we can both share our holdings online. Not that you can't. It's you don't want. Like I say, I wanna know how high u stuck. Then, everyone will know if you are telling truth of half the "truth" to mislead people.

https://imgur.com/

So, don't give me bullsh#t. Or you are a liar!

This is not true…I can and u can too…I do that all the while when ppl challenge me…
But not sure if u hv the guts…=p

That is why, when RJ87 kept on pressing for my KNM entry price, I refuse to give... if I give, I cant show proof... so I keep quiet. When I refuse to say say something that I cannot show proof, he say I am a conman. If I really go and tell him my entry price without any proof, he will also say I am a conman because no way I can show all my trading statement online. Will any of you show all your trading statements online ?

RJ87 Why not just share what's ur entry price honestly. =P

stop beating around the bush. I wanna know how bad is ur bias.

I won't make any. But at least I know how bad is ur bias. if 30sen, abit bias. if 50sen, more bias.
if RM1.00. No need say. Cryyyyy so badd there...day day pray it goes back up.

nedgeon
Is it so important that you know my entry price ? I dont even know what is my entry price, If I dont even care about my own entry price, why are you asking ? How much profit I make, you also wont get a single sen, why are you wasting your time thinking about useless things.

Why not just share what's ur entry price honestly. =P

stop beating around the bush. I wanna know how bad is ur bias.

U see those enter TG before last year may, become god of bursa by Dec and bought more TG above RM6...these die also say TG is good will go back to previous high. From 6 months profit 200-300% profit become long term investor having -50% in portfolio. Cos at this price, not point cutting loss liao.

So for your case, if you hold since 50sen many years ago. Then, now no point cut loss also.
Die also hv to believe it will go up.

Unless u enter 5sen last year. Don't b#llshit about having a jackpot. It's more like u buying 6D that never kena la.

So, what price did u enter nedgeon? Seems like u entered higher and stucked for quite long. Regret entering?

U r really noob…u got count how many rounds of private placement and RI to raise fund? What a good company will look like is buying good asset with internal raised funds. E.g increased operating cash.

For KNM, always need to raise fund by diluting share holders shares. From few bucks dilute until 20sen la taikor. Why? Can’t generate cash for shit. Everytime need to do anything, RI and PP dilute share holders shares. Blind also no need go so far gua.

“What do you mean not in balance sheet ? where are all those new assets coming from ? fall down from sky ? “

That's why I still think you are noob. Ask you very simple question. Is it possible that every dollar company made. Can it lose 20sen? If can, does it make sense to own this business?

Then u give me long @ss essay that says NOTHING. With sales, only sekeciput profit. No sales is gonna be deep deep in the red. Dangerous business to own.

I see from operating cash. Like Serba...billion2 receivables and yada2. No cash. Everytime need to pay dividend, hv to do private placement. Then everyone know it's a shitty company.

Operating cash for KNM is ok ok la. Receivables to operating cash conversion is still healthy. "Billion" of sales only translate abit into cash. If the billions u claim can translate to cash, why I don't see them on balance sheet? Where genius? Where?

If company making billion dollars of revenue but can't translate into cash in balance sheet only explains one thing. Directors are paying themselves by increasing operational expense. Left nothing for the investors. It's not something you want to own either.

-----------------------------------------------------------------------------

Do you know what is "Profit" and what is "Loss" ? Profit and Loss are just an accounting play. Sales is the actual money coming in. Profit or Loss is "what you want". you can get "what you want" easily. The difficult part is to get the Sales, not the Profit and Loss. Some of you may claim that the sales are "fake", if it is "fake" no way you can do it for so many years, especially when it is RM1 billion+ sales every year ? Can you ? KNM Sales is real for sure because nobody can "fake" such a big sales for so many years without significant increase in borrowings.

Feel like KNM is struggling with power play. Price is pressed down so that in event needing private placement, the benefactor can get more shares with his RM100M private placement. Every 10% drop = 10% more shares. Think about it.

Dunno kerja siapa ini.

Like I say, KNM do hv performing asset that can finance the next RM370M bond/Loan. It's not USD370M. If USD370M bond, I also won't touch with 10 ft pole. Remember it's RM yeah. About USD84m. Just which bank and what finance charges.

KNM is in position to benefit who only. If sell Borsig cheap which benefit next buyer, KNM will hv excess cash dunno what to do. Or they refinance the bond with loan, which will benefit the banks with dunno what finance charges. Else, PP 100M + Current cash position also can settle.

Jack Y my concern is how to deal with the debt. is either selling ORSIG or UK project or any other action... every action will have diff impact to the shareholder.
28/10/2021 8:50 PM

Great, now u think any counter can become maybank just like anybody can be become Lee Chong Wei. Thats why i think u noob.

So, tell me more about borsig. How much did KNM spent to acquire Borsig. Whats the ROCE?
Less ITDA, whats left from borsig’s revenue?

after reading ur whole writing. I can conclude you are noob nedgeon.

Ask you simple question. Even with RM10B sales, can PAT go negative?
And if it can go negative, what the point of having RM20B revenue?

U need to watch out fixed expenses especially company with big revenue but small profit carefully. *touchwood any thing happens to the revenue, the PAT goes deep deep in the red.

What I really really don’t like about KNM is it almost RM1B in goodwill asset. You know apa itu asset? BFF with Donald Trump is it? Can liquidate one or not?

it’s a gamble to assume everyone is Lee Chong Wei.

nedgeon, u think everyone Lee Chong Wei merrr?

if u want to play buy and wait….go buy maybank or Bauto. At least they pay dividend. Hold 10 years also no worries. Can’t say the same for KNM.

Jatuh all the way samp 9/11. Harga akan jatuh mcm WTC dulu.

imvu besok hijau , minggu depan hijau ?
28/10/2021 4:27 PM

This analogy not entire accurate... House has advantage on every metrics. They design the casino layout. They give options only to their favour, like free rooms and cheap alcohol. They replace non performing dealers. What about you retailer? The weird part is, people still go donate money there.

If you are gambler here, you will lose 10/10.

If you are investor, you are playing different game. It's a game of valuation. I check the bond...it's RM370M around 80M USD. Current operating cash can finance the operational expenses and finance cost. Given it's performing asset, I don't think it's that difficult to get restructure the bond/loan like how Armada pare down their 18B debts as long they hv performing asset. Keyword here is performing and non performing asset. What's left is which banks wants a piece of 350M loan at what interest only.

Once restructured, easy 10-20% return.


nedgeon Do you all know why casino make so much money and gamblers always end up losing ? it is all about holding power. Casino can afford to "lose" and hold-on until they win back all the money that they "lost"

if u want to take a gamble, it's on 8th Nov at lowest. It will slide all the way there.

Those hoping to exit higher and those hoping to make quick bucks will all dump by then.

If they get relisted, 100% return no problem. But if they can't. Tapau liao lo.

then why do u think they fired KPMG if it's not the same issue? It's the same reason.
Only way SCIB can say it's not the same is let KPMG continue their audit and finish. If they hadn't fired KPMG they would hv got their audit report by now.

Karlos
If these recent issues of shares via PP are successful it indicates nothing wrong with SCIB, unlike SD which have totally different issues with accounting. Mind you these people who had subscribed to these PP are not ordinary bilis. They are normally well informed and have done thorough due diligence prior to putting their money.

Wait few more days with margin call...drop even lower...

Why wait margin call only sell le?

they start to see big lot throwing...they siam...

If accidentally collect 30sen...they have to absorb more losses.

When there is a selling pressure, u will see the 47mil queue cancelled a blink of an eye.

dompeilee BIG Q of 47mil shrs @ 30c likely to be breached...
27/10/2021 10:19 AM

Ppl that's holding praying that they can exit higher. Ppl that just enter praying that they can get quick money. As the day gets closer to suspension; they will eventually lose hope and start dumping. Now the question is why don't u exit now at 30sen so that u won't have to exit at 20sen?


Hotstuff wtf are you talking??? suspended on 9 NOV what make you think people will collect??? it wont have any rebound..price will keep going down till the day of suspension
27/10/2021 10:03 AM

U can trap Shortist if market agrees TG is worth above RM3...Problem is market don't think so...

if RSS kena short squeeze, price can bounce to RM5 where short hv no choice but to cover their position high. Problem is where? Everyone is happy to sell for 5% gain. NOBODY willing to buy anything above RM25B market cap. They probably value it at RM15B.

Fearmongering was also the tactic to goreng from TG from RM2 to RM9. But you guys seems to have problem when fearmongering when it's used to drive the price down from RM9 to RM2? =D

ularsawa please top up ur FD again…

Margin call sudah…=P

Something is brewing...Per queue size as big as 2M shares and multiples of 500K shares...

Something is brewingggg...I think it's gonna go big soon...

Do you guys have any problem if COVID is gonna be another seasonal flu?

If you are ready for that, then you are ready to let TopGlove go.

Those that enter last year May and exited December. Is the winner.
Those that short sell last year December and covered their position now is the winner.

The only s#cker here are those that bought last year December and all the way down now.

Booster dose is gonna be like another seasonal flu jab you get. That's what going to happen with or without JPM macai. Because that's called moving on.

U guys are behaving like a toxic bf after getting dumped. Threatening the ex-gf that if you leave, her world is gonna fall apart. Hell not. She moves on just fine. Probably you guys should too. =P

3 stooges making pointless comment.

And market are filled with stooges like these. So, don't surprise thing go ridiculously overpriced or undervalued.

U start a list and see….I might consider put my name there…

GlovesOff Only this 3 sorr chaiss

M sure there will be more sign up if pembuli is Ular ....
*******
1. Zuliana
2. UlarSawa
3. Mabel
4

U go buy tanco…dont cry when drop back 5sen…

Sell queue set by the same person buying?

That why need to sell borsig

KNM if SPAC Borsig worth RM1.5-2.5B...

No worries…TSLWC hv his networth drop from 30b to 7b…desperate or not I don’t know…

I dunno how much u burn…But 23B sure painful as hell…

sorry if I jinxed it.

----------------------------------------------------
RJ87 TSLWC support until lembik just to get 3sen up.

C tmr how. If support still hv power to support. Consider alot of investor going to other counters for better return from opening economy.

Investor will move away from glove and tech to maybe travel and leisure. Counters that's most beat up from covid.

Only left desperate gloves holder that didn't manage to sell.
11/10/2021 5:09 PM

TSLWC support until lembik just to get 3sen up.

C tmr how. If support still hv power to support. Consider alot of investor going to other counters for better return from opening economy.

Investor will move away from glove and tech to maybe travel and leisure. Counters that's most beat up from covid.

Only left desperate gloves holder that didn't manage to sell.

More like every other gloves counter dropped from the drop of cases.

looking forward. nothing interesting in glove.

gonna be boring mundane business like selling eggs and chickens. What would be interesting to see is how TSLWC is gonna keep TG above 20B market cap.

what’s confirmed is high vaccination rate equals low hospitalization rate.’

——————————————————————————-
FortuneBlooming 'success in achieving high vaccination rate' is not necessarily equal to 'success in achieving low covid infection rate'

then must see first whether reduction is sustainable or not
05/10/2021 1:11 PM

Malaysia's recovery is about 99.8% with vaccination. U give covid abit more time, numbers of death from road accident is gonna be higher than covid annually in Malaysia. That time what? u gonna convert gloves into airbag to save life is it?


---------------------------------------------------------------------------------------------------
VolatileIsMyGold singapore daily cases could possibly shoot up to 5 digits, if their govt & rakyat still too stubborn & adamant about relentlessly opening up & loosening up without sufficient restrictions & precautionary preventive measures

What's next? Please replace glove with condom too?

Can you atleast agree with increased competition?

Say global annual non covid period requires 300B gloves. 15% increase is 345B gloves. Say China takes 1/3 global demands 100B gloves. That's only left 245B gloves for TG. That's excluding other player.

U deliberate ignored the fact the WHO guideline that discourage public to wear gloves as gloves only protect medical officers/frontliners. For general public, what would be really helpful is reducing surface contamination with good hygience and hand sanitizing. Unless TG came up with a glove that sanitizes a surface upon contact. Yeah, maybe waiters or cashier put on one or two gloves per day.

Cos until now, I have yet to put on a single gloves. Boxes of mask and sanitizers yes. Not a single glove. I don't even put them on when cleaning toilets. =D
----------------------------------------------------------------
AdCool I disagree with the below statement on lesser demands due to the facts follow:

1. New industries from F&B, Services, Tourism are now using gloves in comparison to minimal back in 2019.

2. Lower demand as compare to a peak of demand in 2020. The trajectory growth of demand is still on a 10-15%. Hence there is no lower demand but higher capacity/production. If you are pointing to supply versus demand, then the estimation is that the supply would meet the demands in 2023 (remain to be seen as the industry can always adjust their production growth. Top glove has reduced their expansion plan in 2022 if you noticed).

3. The world population is ever growing and more countries are moving towards developing status and high income status which would promote medical cares and hygienic. In fact, China usage of gloves are much lower compare to US and EU. Whatever China produce would most probably be consume by China in future.

4. Last but not least, for the past 20 years since listed, Top Glove has not ever delivered any quarterly losses even during challenging time of competition and consolidation back in the early 2000's.

Should Top Glove delivered losses, that would be historical making in the industry. Top Glove might as well sell the biz to China bizman and moved to Tech.

-----------------------------------------------------------------------------------------------------------------

Let say if margin drops below Precovid, then TG shouldn't be able to sustain it's precovid valuation.
The question now is how bad? U r in denial if u can't even agree that there will be a decline of glove demand postcovid. With increased competition, TG will suffer both reduced revenue and margin. Increased capacity doesn't proportionally equate increase sale.

it's good or bad?

_______________________________
LeeTHX Triangle
04/10/2021 7:29 AM