Posted by JT Yeo > 2015-09-11 19:04 | Report Abuse

I have slight disagreement with your view on K1. At the peak of $0.65, K1 has a market cap of close to RM300 mil. And add any 4 quarters of profit up, highest is RM11 mil. How does one justify a company that generate 11 mil has the right for a RM300 mil market cap? There is simply no fundamentals there. Yea they make money but still not going to worth that much.

Now they have market cap of Rm100 mil, EV 64mil, that makes more sense.

Posted by speakup > 2015-09-11 19:40 | Report Abuse

this is called Pump & Dump