Kan Ni Ma got high potential to rise up further despite of huge debts. Oil, Gas on the path of recovery. I'll bet on Kan Ni ma than AAX eventhough both have huge debts
I have a question. Major shareholder (and person running the company) has been forced to sell his shares to pay interest cost. If this goes on for another 17 months, we won't have the major shareholder anymore. In order to increase his shareholding, will the major shareholder take steps to give himself share options and dilute the minority shares? Or will he increase his salary and use the funds to buy back more shares? Both of which is detrimental to minority share-holders. Anyone can share their thoughts....
Guys, let's stay focus. We are here to share knowledge and hopefully learn something from one another. If you buying/selling shares based on people comment; better don't invest in the stock market. Money is yours and risk is also yours. If you make money, you not going to share; if you lose money, no one going to give you back!
To me, reasons KNM share price is depressed: 1) Business Management Continuity. Major Shareholder forced to sell his shares to pay interest cost. Institutions don't like invest in a business where Big Boss might soon lose control of his business and don't have a strong person running the business or Big Boss lose commitment.. 2) Low new-order replenishment. This is due to focusing renewable energy business and due to cash-flow constraint and unable to finance new business/projects. 3) Losses at their Americas Region.
Only buy if you believe in the turn-around strategy of venturing into the renewable energy business. We have to wait for next quarterly report. See the profitability of the Thai ethanol business. Is this enough to cover losses in other areas? How about competition of new players entering this business?
Only buy when got clear buy signal or good concrete information. If buy at slightly higher price also okay.
Now I think got people playing large volume and buying and selling with price difference of RM0.005.
I wonder when the world going to ban shale activities. Our earth is contaminated and poisoned by this shale activities. In long run..I am sure will bring side effects to health. Support greener earth..Support conventional crude oil not shale gas.
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....
yifie_911
1,582 posts
Posted by yifie_911 > 2017-10-21 00:54 | Report Abuse
Rocket ah