KLSE (MYR): KNM (7164)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.07
Today's Change
0.00 (0.00%)
Day's Change
0.065 - 0.07
Trading Volume
1,582,800
2024-05-05
2024-04-30
2024-04-29
2024-04-29
2024-04-29
Adagold
64 posts
Posted by Adagold > 2023-09-09 09:55 | Report Abuse
The most important thing right now is not stabilizing the sp or fighting for takeover. It's the creditors. On paper our house belongs to us, but in actual fact we agree that it belongs to the bank. If we default our instalments the banks will take over our asset. Same thing for KNM, the creditors will take over everything - KNM, Borsig, etc. The guys trying to takeover maybe don't realize that. If they feel the boat is rocking the creditors will move to takeover first.
That's why the current management is excellent in keeping the creditors at bay for so long.