Any privatisation must seek for approval. Not easy. Especially when the market price is low and the offer price must be attractive. Someone above said lelong to AH LONG.....I want to tell him, by disposing Borsig.......no need to lelong....and the word......lelong does not exist at all.
He talked too much....ask him to lelong here, we buy.....
Hustle.....borrowing must see for what purposes....if borrowing to pay debts and lubang has become bigger and bigger then...forget about it. borrower also must see what is your purpose to borrow money from them. you though cappalang company also can borrow money so easy? if they can trust KNM....to grant Borrowing is not an issue.
Moreover most of their borrowing for the purposes of acquisition such as acquisition of impress ethanol co. limited and its cassava farm in bangkok and borrowing to build ethanol plant phase 1 and subsequently phase 2, acquisition of land 80 acres at bar road peterborough for Waste to energy project. Borrowing to acquire for Italy Brand for Oil and Gas.
Remember, when they acquired Borsig in 2008 in the form of cash RM 1.7 Bilion++.
Then you must go to see the list of property asset they have in annual report, some of them are not representing the current value. If the new valuation to carry out, the actual value is more than that.
Bear in mind, window dressing still just left 6 trading days nia till 28 Dec 2018 No much time can grab the lower price of KNM anymore once entering the new year of 2019 !
wau. still so many con job here ah. from 1.00+++ promote until 50cents still got many believe and now from 50cents until 7.5cents still promote this stocks. Sinking ship holding on to it is like those UnmO's Good luck i had been wishing you all since 50cents and will continue to wish you. Hope you manage to keep your underwear. Pants sure already gone. Cheers!!!
Haha.. To those telling me long term investor in KnM fundamental stocks.. Feel good right invest long term but capital reduce until left how much. Better withdraw all keep in FD if you know whats good for you. Lose already lose, want to be a fighter and you will end like Najib kor.. Sorry dont say I step when you are low and laugh at you. Already forewarned months if not years ago.
Say nice dont want listen, i say sarcastically hope you can understand. If cannot understand then really not much i can do to help anymore. Can only say "kau yau chi chui".
Next week got 4 trading days only (24,26,27,28). Yes, just left 4 trading days to entering the prosperous year of 2019. Once entering the year of 2019, you won't able to grab cheap cheap price below 0.1x anymore !
Wow, KNM was damn hot... Now at 0.08 (+0.005) (+6.67%) Just queue buying at 0.07 and then sold it at 0.08 you also will become wealthy already... It will repeat again and again at this range 0.07 - 0.08 , so, just follow the same like what i did...
If your maths is that poor better you quit stocks before going bankrupt as well. Even 1 cents drop is > 10% loss right now. Somemore ask how much can drop, drop 2 cents then hands and leg should already be shaking. Unless ofcourse you are one of golden boy lackey that keep since 50cents and keep averaging down. Then i really say god bless you, lose until underwear gone if KNM goes into PN17 and worse bankrupt later. What peterborough, what green energy, what fundamentals, what cash rich all is nonsense cook up by people to get you in and slowly cook the farm frog alive. But if you think KNM going to defy the trend then go ahead put all you money into it. Nobody going to pity you when all is lost later. You are financially responsible of your own decisions.
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....
Tipster
752 posts
Posted by Tipster > 2018-12-18 16:54 | Report Abuse
This co. used to be a high flier... what a sad state it has gone into...