It doesn't make sense. The exercise warrant is 1 RM. Mother share 88 cts closing and the burying warrant closing close 425 cts highest 45 cts inspite of reducing par value from 1 rm to 50 cts. , the 50 cts kept as premium saving belongs to shareholder should return to all shareholders. Esos given. To mainly directors and, chairman executive and non executive is it a good move?if they need cash why can't. Private Placement? From the shares of company PP kept as premium saving for working capital? Using existing share holder's right to risk the uncertainty of future bidding of pengerang petronas projects, if it doesn't materialize its existing share holder's fund. There us risk and no credibility, even esos to attract staff is facing risk just as MAS esos given to staff @ 80 cts goes down the drain to 25 cts before MH 370 went missing in action
KNM fried up on impending EGM. Now that EGM is over and hopes of further good news not forth-coming, be prepared for retracement. Furthermore hopes of getting jobs from RAPID project is still very far off. All you hopers are living on hopes only. If you want to bash me for being negative, welcome. I won't bother to reply because my principle is this: I am entitled to my opinion, even though only a novice's opinion.
The fact that on two occasions bidding for projects does not materialize, remember the Peterborough waste recycle projects in UK , fly high and soon after that , news breakout it never happen, they sold all shares at time high then again Boursig listing in Singapore , it fly high sold all then fell badly up to below 40 cts, now another story of bidding pengerang rapid projects in johore with standby fund from existing shareholders rights living on hope to enter a projects? Even MOU can be cancelled what more on hope. Fooling around again playing on market shares more profitable than getting dividen or bonus just create announcement. Many run broke especially when retired. Enough is enough, once beaten twice shy, third time asking WHY.
Xxxx, got guts, even a novice. Its very common for novice to interpret a stock movement based on published news, and make speculation on that. One classic case is saturny. at 50c, akready many has expressed the same view as u. N now its 90c level. I m sure when it is 1.50, 2.00 level there will b more novice surface to opine over valuedn fake etc. rapid project without knm massive involvement is almost impossible. My view lo.
Dear All, When it was at the lowest, most of the investors will compare to the previous one. We must accept the fact that this counter KNM has just started, it has been sleeping for so long. If you would like to talk about the lowest, There are so many counters have hit even 3 to 10 times the highest compare to the lowest as before.
Which its yearly revenue, it is still 2 times more than its market capitalization. For Instance, DSONIC......Its market capitalisation is about RM 2.4 Billion but with its revenue of just RM 260 Million.
If the company wants to speculate the share, i think from RM 0.40 to RM 0.90 is not the games yet to make money for them. Moreover some positive news are running ahead. I believe this share will push up to RM 2.00 at least in short run.
next week make it break 1.00!already long long yrs knm is never back to their ""home position"" liao..so for knm now is the right time to go back your ""home position"" !!gambateh knm!! @_@
ellesse. where got good news. minority shareholder bombarding this CEO lee. just hold for long term play. make sure down breakdown from 0.88 next week or else.................
Averages interpreted good n positive view. Only small n minority group ask for dividen or bonus way. Meeting was very positive n end with peace. Foresee project confirmation at May or June. Another 2 months for flying high. Cheers!!!!
Vincentteoh, any update from you after the EGM ? As mentioned by you earlier with very reliable source saying knm particularly WA that you holding (still hold?) will fly upon the EGM, isit still valid the news? Kindly update ...
newman .. no meat liau lah .. this knm : ) ... road block very heavy aeh 0.925/0.93 .. down side risk is damn higher than up side lah .. tj qty for this knm just ikan bilis nia ...
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Posted by icegame > 2014-04-18 16:42 | Report Abuse
Those still on the battlefield, I hope for you it doesnt touches $0.870 next week....