If it's due to a decrease in production or anything to do with incompetency, then you can expect a drop with very slow rebound.
If it's due to other things such as using money to pay off debts, expand business and the likes while actually increasing their production, then a drop in price might occur but the rebound might be a little bit quicker.
sardin81: yes I believe you are correct but for the time being I believe KYY will be focused on his jewel MBM. MBM is important for his ego haha.
But if KNM post a profit for Q2, even if it's a small one, I'm quite confident KYY will give KNM a serious thought. KYY loves penny stocks with more than 50% potential upside.
You do have to wonder, apart from that panic selling day caused by Trump when it fell down to 0.33, why is it that KNM have been staying above 0.35 for nearly the whole month.
This is no small matter for a company that I bought for 10 sen only back in January. Any other goreng company won't sustain this price for this long.
you people know something, all these lalangs can post whatever negative things they want, but let me tell these dumb lalangs something, Mr Lee ain't dumb to simply purchase a high volume of shares for the past couple of months if the company was going to come up with a negative Q2
some idiots just think people here are fools to believe in their stupidity, scums everywhere
Aiyo if price want go down that time drop until 0.33c should keep drop below 0.30c already, why return back to 0.40c?
Why everyday price up or down only 0.05c? Bcos General Lee is supporting it, so u bilis don't panic n sell all together. If price keep drop Lee hv to use a lot money to buy back. If price maintain n keep going up (if really happen) Lee don't need use his pocket money to buy the share. That time fund mgr will accumulate. Simple as that. Aiyoyo said many time already, highest possibility fund mgr already in also now.
Now Lee only do his job by using little money to support it instead of a chunk of money to buy from low again
28/06 - spike 29/07 - hit high price 28/08 will be the key for price movement.
previously borsig owner in financial problem.general lee wss there.he bought borsig for RM 1.7 billion.if borsig have no value general will not invest in that huge amount of money to buy borsig.
Takeover is not quite possible as KNM is a very solid tightly family run business and everything is already well planned ahead among the directors. We are just here to watch whatever show they want to act out....with pop corns of course
honestly, don't think it's that easy to takeover and viability of that speculation. Just hope and pray the results is good next week... else it's heading south
The 15% is just part of the show they want us to see. Remember this is a very closely family run business with both husband and wife together with all relatives holding top most positions. If they can put up legally huge book losses in the past few years and still survive, what else cant they do.
...... family business like Oriental..... Yess.... Juragan sardin sd join the club...! Stand by u Wa ka ka....... Kelasi pusing penin penin...... ........!
Reason i identify can make its fly/can furthur fly maybe just simple
1. Warrant expiration play 2. Borsig take over (if any, just refer to sardin81) 3. Above expectation for next qr. 4.listed in many ex. 5.other not so important 6. Same as above 7.same etc...
1-3 is good indication, to fly and fly and fly....
Stand by u Juragan sardin..... Hot money on the move........ Frm billioner to millioner..... Frm ong to mic ne Take private..... Merger......!? ........Serba....Pgas...!!! Stand by u Juragan sardin Frm millioner to billioner...... History repeated.......! Frm bilis to shark..... Juragan wakaka Kelasi penin muntah hijau.... Hot money on the move Stand by u juragan sardin Wa ka ka
trump open his big mouth again. dow tumbles 623 pts.monday expected panicked selling & red sea across the world stock market .Ready yr bullets for merdeka sales !
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....
Cjseven
427 posts
Posted by Cjseven > 2019-08-23 13:38 | Report Abuse
Should be have a good news if not how come esso will proposal to buy knm