Frank, Mat Cendana has answered for me. Really you need to read the link sixteenblue attached. If you understand financial statement and heard about financial shenanigans, you will have doubts on knm's financial statement. If you don't understand financial statements, you really need to learn about it. Yes, it is really scary. Again my comments are out of good intention.
@kcchongnz yaya appreciate your kind warning. and yes your warning is with good intention but hard to convince many KNM lovers here. I'm not good with financial statement but the worst is that I dun trust these General Lee so I dun hold this share but just to support my friend YS1 :( @ Smallturtle what is the difference between Enron& Transmile? they both bankrupt right:)
hehehe lol enron or not , it is no big deal if you are a trader , if investor lain cerita of course , when i said yesterday strong buy , anyone follow ??? sold 3 more batches 0.49 lol damn shiok trading this 'enron-like' share
hehehe my next target is "Mana Ada System" , strong buy !!!! yesterday bot 1.04 then queue 1.03 also given hehehe .... Chumlee & Hyuna also bot in yesterday hehehe
take profit whenever possible , no need to regret whether after selling price continue to shoot up ... most important is must have capital in hand to trade other uptrending shares ... lol .... look out for Mana Ada System ... hehehe
everyday earn a bit , that's my motto , as long month end closing account is +++ ve wah sudah manyak happy .... Mana Ada System = strong buy hehehe lol .....
Yuzuki, I have to agree with you trading and investing is totally different. People can make huge amount of money from trading rubbish also. My only concern is small timers are always at a big disadvantage gambling against insiders and big speculators. You have to be very smart to win. I don't think I am smart enough and that is why I avoid these stuff. Yeah, if you are an investor, avoid this trash.
Mana Ada System = Strong buy .... HYUNA & CHUMLEE already bought yesterday , today they buy again , tomorrow they will be buying some more ... hehehe lol after that hehehehe
hi kc, always believe that you yourself is smart & i hope you make a lot of money ... new year is coming & tomorrow will always be a better day than today
lots of people are praying now..but you must pray to the GOD that made you not the GOD that you maked..iwait for 0.40 cnts jump in with 1000 lots..luv u guys.if its back to RM 2.00 i will sell and have my hollyday to hawai then italy then new zeland then france bla,bla,bla,..
Oh... Lucky me, my application for KNM excess right issues successful!! Applied for 30 lots but granted 16,531 shares... Dun know how to sell my 31 shares in market as it is not worth to ask broker to sell 31 shares in off market... I think I will hold the 31 shares forever in my custodian statement lol. So i will be KMN suppoter forever with 31 shares.
Optimistic on KNM’s growth, TA Securities pegged the group’s target price at RM0.95 per share (previously RM0.48 per share) based on 18 times calendar year 2013 (CY13) price earnings.
as far as i know, the financial Peterborough is not secured yet. even after securing the financials, the profitability of this project is still questionable.
peterborough project is underway with the securing of the land. Where analysts defer is how they are raising up the money amounting to GBP223mn for the first half of the peterborough project. KNM is looking at Exim's consortium to fund the project, but TASec is not coming clean what are the collateral required to undertake such a massive project. another round of raising debts?
incidently, the land is bought with UOB loan also! :(
yes you are right kcloh....that's why they have to milk the cash cow (aka Borsig) to list it in SGX. what i can say is....they desperately needed cash, lots of cash to continue running the whole group (except Borsig)
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....
kcchongnz
6,684 posts
Posted by kcchongnz > 2012-11-21 08:18 | Report Abuse
Frank, Mat Cendana has answered for me. Really you need to read the link sixteenblue attached. If you understand financial statement and heard about financial shenanigans, you will have doubts on knm's financial statement. If you don't understand financial statements, you really need to learn about it. Yes, it is really scary. Again my comments are out of good intention.