Posted by KC Loh > 2012-12-06 10:07 | Report Abuse

hi Ooi, i have no idea on the valuation of L&G, but i like your calculation and your entry price of 41 sens. FYI, i have one unit of Foresta myself! :)

it could climb in the long term as per your calculation, but just be aware that building material costs are always on the rise. Cement, for eg, just went up RM1!

Posted by yungshen1 > 2012-12-06 10:08 | Report Abuse

u could see kc loh starting to buy knm share ady. u think kc loh is silly ar.

Posted by KC Loh > 2012-12-06 10:13 | Report Abuse

I support Darth Yungshen!

but just buying because i think basement price is already here! :) dont expect it to climb so fast in the near future, but i can wait! :)

Posted by Fat Cat Tim Buddy > 2012-12-06 10:15 | Report Abuse

kc , u still holding smartag?

Posted by yungshen1 > 2012-12-06 10:18 | Report Abuse

how many lot are u going to buy knm . kc loh

Posted by KC Loh > 2012-12-06 10:31 | Report Abuse

yes, i am still holding smartag. i like the story plot! fat cat! :)

Ys, i am going to buy as many as you, surely! lately i also like their story plot even though have negative reports like this :)

http://scwatch.wordpress.com/2012/09/11/knm-berhads-proposed-listing-of-main-subsidiary-borsig-a-scheme-comparable-to-time-engineering-berhads-fatal-listing-of-time-dot-com-back-in-2001/

Posted by yungshen1 > 2012-12-06 10:38 | Report Abuse

maybe u can be rich man one day if u buy as many as u can now. kc loh

Posted by KC Loh > 2012-12-06 10:39 | Report Abuse

yeah, thanks. I aim to be as rich as you one day yungshen1. :)

Posted by yungshen1 > 2012-12-06 10:43 | Report Abuse

we both together rich. can knm reach to 3.000 one day. if good news listing in SGX

Posted by benjamin > 2012-12-06 10:47 | Report Abuse

KC , there was an announcement of Smartag on 3rd Dec. in Bursa. Wonder whether you have read that.

Posted by KC Loh > 2012-12-06 10:52 | Report Abuse

checking it now! :)

Posted by KC Loh > 2012-12-06 10:56 | Report Abuse

ah yes, i think all these teething problems will come la! not too big a concern for me currently! i think the deposit was matched with previous report that some scoundrels tried to damage their wares due to dissatisfaction on things like the imposing by Customs!

i just like their monopoly position in the RFID only, unless PR scuttles that in the GE! :)

Posted by KC Loh > 2012-12-06 10:58 | Report Abuse

yungshen1, RM3 i am not so sure, because the Peterborough project will always be a drag to their earnings. But trying to get a 100% return with my current price, i think its possible! See you at RM0.90 then one day, insya-Tuhan!

Posted by yungshen1 > 2012-12-06 11:01 | Report Abuse

kc loh after u bought knm share. pls tell me how many u hold ya

Posted by KC Loh > 2012-12-06 11:07 | Report Abuse

more important is you must know how many shares UOB Singapore will hold, being the underwriter!

Posted by yungshen1 > 2012-12-06 11:10 | Report Abuse

u are right

Posted by tonylim > 2012-12-06 11:21 | Report Abuse

kc, I have an entry car sticker embedded with RFID, surprisingly it is trouble free. Only thing is you have to drive near to the device at very slow speed.

Do you foresee problems in UOB getting listing in SGX. Or smooth sailing?

Posted by KC Loh > 2012-12-06 12:46 | Report Abuse

i see it will be listed due to the fact KNM owes UOB money! what is the quantum of the proceeds or the valuation of Borsig in SGX is the all important question i am trying to pursue now! market analysts said Borsig is worth 1.2Bn, but what does UOB see it worth being the great cash cow of KNM?

Posted by KC Loh > 2012-12-06 12:58 | Report Abuse

and also tonylim, this smartag company, its not the one handling the smartag toll scans although utilization of technology is similar i would say! planning to increase its stake if positives starts coming in next year! :)

Posted by tonylim > 2012-12-06 13:46 | Report Abuse

yeah, 6 years or so ago I already started a company on rfid.
Some y gen play me out. this company now has a shoplot office near where foresta is.

Posted by KC Loh > 2012-12-06 14:08 | Report Abuse

if you know the technology, why not you start again? i know a lot of govt agencies giving grants for technology such as this. I may point you to the direction of getting the financial assistance, but not joining you. lately i just want to play with my lovely bunch of coconut! (please don't read more into that! LOL)

Posted by Ng Kai Yau > 2012-12-06 14:54 | Report Abuse

ohh. 0.44 sen start to give

Posted by KC Loh > 2012-12-06 15:39 | Report Abuse

Coming... coming..... LOL

Posted by minitrader > 2012-12-06 17:45 | Report Abuse

ehem ehem...

Posted by chung > 2012-12-07 11:36 | Report Abuse

Somebody tries to create volume for knm now to attack attention.... may goreng this counter...

Posted by dragonking > 2012-12-07 11:47 | Report Abuse

agree

Posted by glam > 2012-12-07 12:00 | Report Abuse

goreng ?? sound good tb true.alrdy long time this counter hopeless..

Posted by minitrader > 2012-12-07 12:07 | Report Abuse

yup glam...hopeless long time ago oledi

Posted by glam > 2012-12-07 12:14 | Report Abuse

my experient with ths countr only sadness la..hehe

Posted by Ching Yin Carrot Loh > 2012-12-07 13:05 | Report Abuse

Party coming soon,is it?hahahaha
Ys,feel happy?wish u luck ya=)

Posted by alexisvics > 2012-12-07 13:11 | Report Abuse

Very bad experiences with this counter. Buy at 55sen, drop to 50 sen. Buy at 50sen,drop to 45sen. Averaged at 45sen.....waiting to reach 40sen. Hai......

Posted by tonylim > 2012-12-07 13:23 | Report Abuse

Kaki assam

Posted by peter123 > 2012-12-07 13:27 | Report Abuse

This ctr won't be that bad, just hold and wait for rebound.

Posted by tonylim > 2012-12-07 14:19 | Report Abuse

I think the answer when will it reverse downtrend

Posted by KC Loh > 2012-12-07 16:03 | Report Abuse

please come down, please come down.... :)

Posted by Ching Yin Carrot Loh > 2012-12-07 16:43 | Report Abuse

Go to pa pa go to pa pa lol

Posted by KC Loh > 2012-12-07 16:45 | Report Abuse

come on down, come on down. better my margin of safety! :)

Posted by ZaCk Lim > 2012-12-07 16:46 | Report Abuse

kc loh, why u wishing it drop???

Posted by KC Loh > 2012-12-07 17:00 | Report Abuse

so that i can buy, no offence to others!

Posted by minitrader > 2012-12-07 18:51 | Report Abuse

LOL...

Posted by alexisvics > 2012-12-07 19:38 | Report Abuse

Come on 40sen.I average my portfolio again.

Posted by Chung > 2012-12-07 19:47 | Report Abuse

as long the major share holder Lee Swee Eng still holding 24.83% (121,400619 share).. he will tries the best to overcome company financial problems. Every 1 cent drop in KNM Mr Lee lose Rm 1,214006.192. So no worry be happy.......

Posted by yungshen1 > 2012-12-08 10:35 | Report Abuse

he more worry about share price drop so much than u

Posted by tonylim > 2012-12-08 13:47 | Report Abuse

Kcloh what is your gut feelings about getting Borsig listed in SGX at all. Ignore figures for time being.

Pause before posting hehehe

Posted by KC Loh > 2012-12-08 14:11 | Report Abuse

KNM owes UOB money. are you familiar with collateral methodology whereby banks always strip you of your prized assets and sell it to make returns!? no? do bank lend to a credit risk company with huge debt amounting to 900mn?

ask yourself why would UOB extend loan to KNM for land purchase of UK land recently? surprise you have been involved in syndicated loans and not too certain how credit company works! if i had not read the loan taken from UOB, i would not have been too sure about investing here! its a slow saturday afternoon, so paham paham la where i am coming from! :)

but that's just me! i could still be wrong. never follow people, just follow trend! :)

read up please: http://www.theedgemalaysia.com/business-news/220792-knm-gets-rm100m-financing-to-acquire-uk-land.html


p.s. LOL

Posted by tonylim > 2012-12-09 13:30 | Report Abuse

But kc there has been no announcements thus far, its been 3 months.
Gen lee pr dept on holiday?

Posted by KC Loh > 2012-12-09 13:54 | Report Abuse

if actual announcement is made, you think KNM is at 45 sens?

of course we have to give allowance that Lee is keeping all his options open! that's why its called a bet.

the way i see it also, if you don't list Borsig, where are you gonna get the credit line from EXIM & consortium to finance the first phase of Peterborough worth almost 2bn?! food for thought!

Posted by KC Loh > 2012-12-09 13:54 | Report Abuse

never follow people, always follow trend! :)

Posted by tonylim > 2012-12-09 13:58 | Report Abuse

Lol glue to the screen.

Posted by KC Loh > 2012-12-09 14:12 | Report Abuse

yeah, i love reading reports and announcements every day especially for new targets. i3investor really helpful in this sense.

understood what Buffett means when he said he tap dances to work every morning! :)

that's just me!