1) Capitamall Asia (SGX), Current price:SGD1.80, dated 25 Oct 12. Prediction: SGD1.90 within 2 or 3 weeks.
2) Dyna Mac (SGX), Current price:SGD0.475, dated 25 Oct 12. Prediction: Price under pressure due to new placement shares. Termasek just announced yesterday that it increased its stake in Dyna Mac by around 1%, 8m shares which is in line with what I had predicted in my first comments. I have recently studied the order book and time of completion schedule and quite sure that Dyna Mac will announce oustanding result in this quarter.
Reasons of recommending Oil and Gas: To monitor Sovereign Wealth Fund movement. In 2012, termasek had continued invested in Oil and Gas companies like Ezra Holding (Deepsea) and Dyna Mac (topside expert in Deepsea industry).
Hi Mat Cendana, I would like to ask your opinion whether to subscribe for the right issue shares offered to me and get the KNM mother share at .40 cents and a free warrant or sell the KNM-OR. Currently I am holding about 30 lots of it at RM1.3 this after averaging down from RM2.50 (initial purchase price). Thank you for your valuable comment..
Dun always think ppl will goreng this counter. Just buy some now since the price is consider cheap in oil and gas sector and keep it in locker and review it one year later.
100 lots at 525 and also try apply for excess right for 100 lots. my cut loss point is 50 cents. Personally, I do not like KNM as well due to its high debts position, but with current price, it might worth myself for a try.
Must monitor KNM price movement closely and cut loss when necessary. Cut loss is always a good for counter like this.
Posted by smallturtle > Oct 26, 2012 10:58 PM | Report Abuse Dun always think ppl will goreng this counter. Just buy some now since the price is consider cheap in oil and gas sector and keep it in locker and review it one year later.
Posted by Smallturtle > Oct 27, 2012 12:01 PM | Report Abuse 100 lots at 525 and also try apply for excess right for 100 lots. my cut loss point is 50 cents. Personally, I do not like KNM as well due to its high debts position, but with current price, it might worth myself for a try. Must monitor KNM price movement closely and cut loss when necessary. Cut loss is always a good for counter like this.
two different style of holding altogether, don't you think? :)
Thanks YS1 for the Scomi advice - looks like u r right :) huh girl2 if u want u can ask YS wat to do with it - for me I can make paper aeroplane and see if it can fly :)
he say knm price will drop very fast. he told me 0.900 cut loss. i never listen to him . and i still avg it when the price is going down until today i still avg it
CP TEH. he was expert to see the chart every share. he say knm was bad fundamental and high debt . he advice to every shareholder do not invest in such lousy stock. he advice many times already, i still never listen to him. i only know high debt can pay slowly year by year. let for example when u buy a house rm300,000 double storey terrace house. u borrow loan 30 years and pay every monthly that is what i say. same thing to knm company.
oh I see yes your theory is right about the house but let say if u dun have a job how are you going to pay the mortgage? I think that is what he is trying to say :)if u put it that way:)for me I only support u and my girl2 because you all seems to stuck here for long time already :( but keep the faith. maybe down the road 'u' will find a job :)
The KNM Group's major customers are the international oil, gas, petrochemicals, energy and minerals processing companies and global engineering contractors amongst whom many are Fortune 500 companies.
Yes I remember but last time transmile group also got lots of customers and also have some very well known investors/shareholders in it but still kaput :( hopefully KNM is not the case here
hehe Tommy wat if KNM also have contracts that r not there? just saying.... anything can happen as u know General like to pull stunts after stunts - I've been there B4. for me now investing no1rule is the management - if I dun trust who is helming the company it's a NO NO buy 4 me.sorry just me :)
kaput is temporary .as an investor they would not panic when the price drop so bottom . they are looking for business got growth or not. u could see every year the revenue increase from year 2003 until now 2012
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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....
Smallturtle
87 posts
Posted by Smallturtle > 2012-10-23 15:38 | Report Abuse
Next 10 years? Dun think too much :) Maybe the world will be ended in Dec 12.