ya, my thoughts exactly with tonylim! just after a right issue exercise, giving out dividend does not seem appropriate! but if nuts come to play, then dunno la!
Understood ... Hope KNM keeps its business performance till next qtr and even better next years ... 5 cents with rm 0.50 also good ... I believe the share price will up if it keeps its promise ...
If one of their 18bn tenders pulls thru, you have your catalyst fankim. Looking at O&G theme currently, I believe their chance of getting one or possibly two is possible and this could fuel momentum for upward trend. In the meantime, its good buy in price for me, just considering the Borsig listing and if it works!
Previously, analysts valuation is just ridiculous! Those who bought 70-75 sens were taken for a ride by Mr Market's happy mood!
Yap i went through the rights issue bght at .68 and sold on strength aafter ex and listing of rights and warrants still make 3 sen per share not counting excess shares.
..sometimes i just don't understand ... e.g.: Dialog - its EPS is about 8 cents... but its share price is rm 2.40... KNM's EPS is 11.55 cents ... but its share price is rm 0.48 ... so much different ... hai ...
Most of the counter up or down in Price is the Profit or Loss Account. If KNM don't report loss any quater report in future than it have chance to go up again.
ya .... can't really do apple to apple ... but the figures are not that much different in high level (cash or cash equivalents, liabilities, borrowings ) ... as compare to share prices ... rm 2.40 vs rm 0.48 ... almost 5 times ler ...
o.k thanks YS1 but wat is the target price looks steady today. U still buying.now how many lots u have?long time no goreng already when u think can go up?
o.k thanks YS good luck my friend. Yes Lynn how r u. maybe good bet now since they're into some joint venture this morning with some bidding coming up perhaps? must do some homework :) Aiya Carrot YS never contra la right YS? or maybe yes he did one time - remember he made 650K when KNM shot up from .53 to .77?
carrot limited edition hehe :)good for u Lynn cheers. be careful ya this old General still very cunning - now he is resisting but once he pops the blue pills he will explode like the volcano and then will also drop like there's no tomorrow when dropping :)
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....
Hustle
3,615 posts
Posted by Hustle > 2012-12-12 14:39 | Report Abuse
Anything can happen when company become nuts.