I think the good news will come in the Q4 announcement. I am confident Q4 will show a much improved profitability position in comparison to the last 3 quarters (hope no negative surprises). The last 3 quarters cumulative profit amounts to only RM3.7M. By Q4 2017, KNM Management should have practiced more lean and prudent management. With the Eternol production in Thailand going full swing into commercial operations, I think it would be a fair expectation for all to look forward for a positive revenue growth and profitability moving forward.
Let's just keep our fingers crossed and hope for a better Q4, 2017 announcement. Bearing any unforeseen negative events I think it would be a reasonable expectation for all shareholders to look forward for a positive push factor.
With the present NTA of RM1.14 and with potential for additional growth in the coming years, this stock is grossly undervalued at the present moment. Just have faith.
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....
tomwah
1,599 posts
Posted by tomwah > 2018-02-02 11:04 | Report Abuse
buy now