Many got burned by KNM. Imagined price tumbled from > Rm 7. After RIght Issue, see what price now !!Share from 1 split into 4. After from 4 consolidated into 1. Like magic show. Who still have trust in General Lee !!!
2 yrs ago during value-investor ColdEye book launching in Nanyang. When someone asked his comments on KMN. His reply: He can't understand KMN's accounts in Annual Report esp on those overseas investment/operations. Implying asking ppl to stay away.
I do not want to fall in love with this stock even it is my darling stock previously. I will throw the stock if it cannot perform within 3 months. Thank you.
I like the analogy very much. In Bursa, the dreamed girl will be put out for cheap sale once every few years. As long as we are patient, we still can get our dreamed girl but certainly this depends on luck too. If we are inpatient and marry to a less admired girl, when the most dreamed girl is available to us, we are not available (no bullet) to marry her anymore. Certainly by then the dreamed girl will no longer 18 year old anymore, but maybe a 35 year old divorcee. It does not matter much; the important thing is that she is still our dreamed girl with the same or even higher intrinsic values. Thks
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Posted by ganasai > 2013-09-07 16:20 | Report Abuse
if you are not perfect, how can you ask for perfect! you like the advantage, you must also like weakness.