PVR from RM1 to RM0.5... so that company has extra money for project or return some to share holder in terms of dividend or share....its from my understanding when I read the proposal for par value reduction....need verification....
Malaysian market all is emotional traders. Contra players sure run to avoid any uncertainty. They have no bullet to hold, rather earn less n buy later. Excluded the Egm matter, today still up half cent. Shuld be happy rite? Or ppl have too much imagination to have a sudden shoot to 0.500 today. Its expectation make u feel down only. Give a long on it. Buy when ppl panic sell. No bad news at all, juz the sheep sell together. It will up again awhile later when all find out no bad news happening. Juz like first wave, 0.380 drop to 0.345. And now how?
I got this warrant for rn0.10 back in 2012 Rights issue with additional buying, I'm contended with 400% growth but I keep 20% remaining to hope for it rally higher as we all looking forward in next couples of months. However as mentioned earlier, beware and always not to forget "buy on rumours, sell on facts". Good luck all knm supporters!! Tmr EGM is only few hours away...
Big rally only happen on next week. I am holding til my target. In between never scare. I double my share at closing today. Anyway, up to ur own judgement.
Capital reduction of 0.50000 , then asking for more Right issues, Bad old tricks of rotten KNM management indeed,.... The Directors should be locked up loh...... Cheating and inefficient.......
knm, BASING ON CURRENT PRICE OF 0.90000, With an earnigs of RM0.016 (1.6 cts)/share , her PE is 56,!!!!!!! what a CRAZY joke on this 0.9000 /share of KNM!!!
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Posted by WallStreetBaller > 2014-04-17 11:53 | Report Abuse
TP rm 1.50 guys. still got 50-60% upside. but medium term