[The Board of KNM Group Berhad ("KNM") wishes to inform that the shareholders of KNM had, at the 11th Annual General Meeting ("AGM") held on 27 June 2013, approved all the resolutions as set out in the Notice of AGM dated 5 June 2013.]
One of the main resolutions passed was the approval from the shareholders to buy back shares from the open market(from General Lee?)because the share price of KNM, with such great prospect, is way undervalued, using the "The Greater fool Theory". General Lee is kind enough to share his wealth with all the shareholders of KNM.
I asked General Lee WTF the company get money to do the f share buy back from you. He said lon wolly, we are going to have a right issue soon. So double happiness, we buy back share and jack up that bloody KNM share price to RM2.00, and you got extra share some more.
I then said, wtf I got money to buy right issues some more. He said, lon wolly, sell off your bloody AA shares, one share can buy three KNM right issues (right issue price going to be RM1.00). If still not enough money, get from that A Long Koh
kcchongnz may i ask u something. what do u think knm this company. i invest a lot of money in this company.in future knm can bring more income to the sharehorlder or not.what do u think
YS1, I consulted my master Ah Fet about your question, he told me this:
“The most important thing to do if you find yourself in a hole is to stop digging.”
I scratched my head. When he saw me scratching my head, he clarified:
“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
Dearest kcchongnz, kcloh n all, Master ahbuf or ahfet taught us all the very complicated ways to stock selection. He has a simplest way but he's keeping it a top secret.
aiseh man YS1 really wasted why u no buy Jaks :( u give me this tips long time already together with jcy,knm too :( otherwise u make big money already sigh so what you think is the next stock to go up - please before u give me u must buy some yourself first o.k :)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kcchongnz
6,684 posts
Posted by kcchongnz > 2013-06-27 17:29 | Report Abuse
[The Board of KNM Group Berhad ("KNM") wishes to inform that the shareholders of KNM had, at the 11th Annual General Meeting ("AGM") held on 27 June 2013, approved all the resolutions as set out in the Notice of AGM dated 5 June 2013.]
One of the main resolutions passed was the approval from the shareholders to buy back shares from the open market(from General Lee?)because the share price of KNM, with such great prospect, is way undervalued, using the "The Greater fool Theory". General Lee is kind enough to share his wealth with all the shareholders of KNM.