But bear in mind, legacy low margin contract still haven't finished as higher revene does not contribute higher gross profit.. the higher net profit as compared to last quarter is only resulted from the tax benefit. let's see how the price move. hopefully can close above 50 cents..
hold ?? sold ?? cut-loss ?? take-profit ?? or ask mr Teh ??? but tratle meeting only on saturday .... how ?? who to ask ??? call Teh's handphone ?? email him now ??? ... lol questions ... doubts ... hesitation ... finger itchy
the 44mn mitigates it, but will still be under pressure because institutional investors are earning pittance already after dilution. time to move on for some of them i think. That's why lots of 5k, 2k & 1k are thrown in regular intervals. its expected that the selling will continue for a while until an equilibrium is achieved. KNM in one hand, cant be blamed because they have their hands forced with a crippling debt! let's see where the market settles!
ladies & gentlemen, children of all ages , glad you can join us at this specially held circus show by kay-m-n. please queue to buy your entrance tickets priced at 0.47, 0.475, 0.48, 0.485. if you want ringside seating you can also purchased at 0.49 & above (heheheh ....), this circus show can be view appropriately by children of all ages as there will be no Tiger shows ... (datuk resting today) lol hehehe
go..go..go..knm buy more at 0.485....aredi got at 0.40...and free wa....good counter for long term....net asset per share - 1.61... harga masih jauh lebih murah skrg.....
Yung Sheng1 u r the best:) man of the match for KNM- your prediction is almost spot on! 600 mil rev and 50 mil profit. u r insider? maybe relative of General Lee? wat is the target for today?
so many of you guys are so bullish about knm. let me pour some cold water again, hopefully you take notice, with good intention of mine. knm is a trash. That is why I said it will be "the next Enron". Sigh, maybe many of you don't even know what I am talking about Enron, the one which in the 1990s expanded into all kinds of business, lost in everyone of them except its original traditional business, cooked its book, loaded with huge debts and eventually collapsed, from US60 a share to $1 within months. Please please read what is posted by sixteenblue on Nov 20, 2012 05:55 PM below. Really for your own good.
aiyoyo kcchongnz u r comparing KNM to ENRON ah? that is very scary lah - the collapsed of Enron was due to(too)creative accounting and assets/profits that are inflated or non existence so u think KNM also similar? if yes then my good friend YungSheng1 will be so cham lo and so are the rest of the KNM lovers :(
The comment and link from kcchongnz help to explain my question above. This isn't a counter that I follow but its frequent appearance in the Top 10 in Volume does make me curious. Apparently there's suspicion that things aren't what they appear to be - "profits" and "assets" might exist only on spreadsheets. KNM isn't for investors but speculators. Maybe it's better to punt TH Heavy, which is around the same price. In comparison, THH's financials look a lot clearer.
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....
yungshen1
2,134 posts
Posted by yungshen1 > 2012-11-20 13:39 | Report Abuse
may be u say is right. smallturtle