the company is fundamentally strong, got growth story and that's the reason i have switched my holding from lii hen to knm. Make profit almost 30% within 2.5 months, bought 1.97 and sell 2.54
Posted by china75 > Aug 28, 2014 05:25 AM | Report Abuse It is normal for EPF to sell down some of its shareholdings ( including blue chips ) because EPF needs to pay dividend to their contributors at the end of the year
yes yes If EPF sell other 'blue' chips EPF also will sell this bluish chip of KNM. Since KNM making so 'much' money Pls ask General 'Wolf' Lee when are they going to distribute the dividends that they promised since 2011. Must I wait until I turn BLUE :( http://www.knm-group.com/bursaannouncement/2011/221111-General%20Announcement.pdf
i wil hold on to KNM if they unlock the value of borsig. ... such a big company with rm2b revenue cannot even make 3% net profit margin !!!
this counter is so sick after buying borsig ... it is time to sell borsig and bagi duit to shareholders and jalan the UK renewable projects ... dividend mari mari la ...
Its true, I apologise I didn't expect low volume like this. Perhaps, it's just like what speakup and agni23 shared with us earlier, probably all the good news including this foreseeable results reflect on the current price. Or, knm needs more time to lure big fish, is a slow counter慢热型, just like your name tan kah ban. but I have strong belief that knm has good and strong fundamental. And it is worth for us to keep at the moment.
Once KNM cross 1.00 price ...indicative QR2 shd be good.....esp when EPF start supporting......so good QR, rapid projects etc has been factored....... I'm happy it did'nt spring up like kangaroo yet.....as I've not accumulated much..... Future is very bright for KNM ....trust will remain in this counter for many many moons.....
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....
sharinginfoz
94 posts
Posted by sharinginfoz > 2014-08-27 20:34 | Report Abuse
jasonlim84: Foreign currency translation differences loss of RM50.4 million is a lot for 1H2014 compared with RM10.9 million for 1H2013.
china75: see page 1 http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/D385AE38091C756D48257D410034DB9B/$File/KNM-Financial%20Results_2Q2014.pdf
I think loss on derivative transactions