Collect d hoping for a short rebound better go buy 4D your chance pf winning more higher in 4D. later you see this stock day day drop to 20c jialat lor.. alot of people say its cheap but often they get cheaper as well.
Indeed marvelous. Well I congratulate you first. Probably your wish will come true, just a matter of time. You may be able to fulfill more wish list soon 0.23, 0.20 maybe even 0.10 if you are lucky. Then you can definitely top up more and more units as well. Speaking number #1, but in terms of making money or not then maybe also rank top but from the bottom la. But good for you just those poor souls that had to go together with you to Holland, pity them.
I think the capital reduction will not happen for now because the Net worth per share is RM1.11 based on financial report ending 31/3/2017 unless the report is manipulated. The external auditor must ensure that the financial report is correct. Every investor has it's own formula to enter and whatever formula, the ultimate intention is to make money eventually. Good Luck.
KNM investing (betting) big in alternative/renewable energy. When crude prices fall, renewables no longer attractive, as more expensive, unless in Europe where there are subsidies/incentives. I don't know too much about the ethonol biz in Thailand and how is the demand. Maybe someone can share their knowledge. At this price, KNM looks attractive.
KNM margin is so low. Cash flow maybe getting tighter later. ROE so low. NTA is a trap as a lot of Intangible. So many project delays (like UK peterb) and debt so high are really risky. A more potential sector will be steel.
There's a saying.. when a person lying on his/her dying bed, he suddenly sprung back to life, all cheerful and happy. But sadly died the next day. This exactly what happening to KNM. Maintain SELL call. Sell sell sell!!
I cut loss... bot RM0.46 ..cut RM0.305 - 150 lots.... I won't buy this counter anymore, A lesson for me. I have looked thru even company made profit before but never give dividend
No offend .. some said buy n keep.... just wonder why buy this type of counter and keep.. there are over thousand counters from Bursa. Cant imagine from RM2.72.. to RM0.60 after shares consolidated still down below RM0.30.... terrible
People buy for speculation only. If based on fundamental turnaround, too early. Actually, although have not look at the numbers properly but based on the news, i suspect still got risk that the worst is not over yet, even at this price.
The result of 2nd quarter already come out but only insider knows either profit or loss. For the public will knows only this 30th of August. Let's pray together KNM will gain profit this time & back to RM2.00 within 6 months from today..
What I have read before in the news, KNM will sell their new products starting this month. So by logically we will know the positive or negative results at end of this November (3rd QR) not this August (2nd QR) but who knows they already sold the bioethanol since last April or May?
for your info, MD lee said "expected" to get approval to sell ethanol by july during AGM,(i had talk to him in personal he express preserve for outlook of the company,especially in O&G sector ). . even that it only contribute around 10 m a year.so dont had high hope..
All invest have got risk, only ur trust this counter have lower @ can make money ma? Buy 4all people scare.. high risk high profit.. don't trust me la.. hahaaaa
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....
smalltimer
1,501 posts
Posted by smalltimer > 2017-06-22 14:35 | Report Abuse
Ka Ni Ma...