Once a father wanted to a very old watch (200 years) to his son. His father got it from his grand father
Before he gave the watch to his son he told his son to take the watch and go see a watchmaker and ask watchmaker how much he is willing to buy from his son
The watchmaker said, "5 dollars"
The father then told the son to go see coffee shop boss and ask how much coffee shop boss willing to buy?
Coffee shop boss offered One dollar
Then the father asked the son to go ask a museum how much they willing to pay for the 200 years old watch
The museum offered One Million Dollars
I think no point telling people about KNM if they cannot discern it's real value
Today I attended a Charity Golf since I wanted to donate some of my winnings to charity. Despite the current uncertainly with Trade Wars, some of my stock picks has exceed beyond my expectation. So it's time to give back.
Here's the best part, I always wanted a Golf Watch, Tonight, God gave it to me through this Charity Golf..I won it as a prize...
Sometime you can only see real value when you put your stake in it...
....juragan sardin wa ka ka ....kelasi atas mabuk todi ....geng ph penin pusin pusin ....hott $$$$ telebang melayang llayang ....juat seluat lalam ....juat gigi pansu ....juat taik ....bili ituu knm ....bili bolong knm ....itu tlader manyak takut sama itu: ....ESOSn ....PP ....SENTIILI MAYIN KIRI KANAN KIRI KANAN ....CAPITAL REDUCTION .... ....juragan sardin wa ka ka.... ....stand by u ....wa ka ka ka......
Finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear.
- Phil Fisher
Be an investors and not just an ordinary traders...
@Flyinghorse @ mabel. Armada now 0.400. KNM 0.395.
Yes Flyinghorse. This morning Armada finally broke the 0.40 with hugh momentum.
If you watch the Pirates of the Carribean, there are two famous ships. The Black Pearl and the Flying Dutchman. When these two battleships goes into the battlefields, they are so indestructible as they compliments each others.
I view my Armada as this Black Pearl while my KNM as the Flying Dutchman. These two battleships are supported by 7 other Battleships (Serba, Sapnrg, Velesto, Alam M, ICON, T7 Global and Barakah) to win the battle scene..
It's time for these battleships to focus on the Flying Dutchman to also break this 0.40 barriers too...
Let's all HUAT together for this Flying Dutchman KNM...
@Flyinghorse n Mabel,possible Knm will close higher than Armada today.Have faith with General Lee n sardin81. Ms Mabel, congrate to you as most of your stocks are going great guns today like Greatec,Armada,Knm,I-Stone etc.
short term i dont think it will move up fast as IDSS volume and value to high d. it is almost 30% of entire transaction. My 2 sen opinion only. Must hold for long if you intend to invest.
Digital economy initiatives at forefront of Budget 2020 KUALA LUMPUR (Oct 11): The Government is giving grants to incentivise businesses to automate and digitalise their businesses. Finance Minister Lim Guan Eng today announced various initiatives and incentives for the development of “digital applications, digital companies, and digital Malaysians” in the National Budget 2020. This is on top of the five-year National Fiberisation and Connectivity Plan (NFCP) announced earlier, which will be undertaken via a public-private partnership approach involving a total investment of RM21.6 billion. In his speech in Parliament when tabling the national Budget, Lim said the Government is allocating RM550 million in smart automation matching grants to 1,000 manufacturing and 1,000 services companies to automate their business processes. This grant will be given on a matching basis up to RM2 million per company. Electrical and electronics (E&E) companies that invest in knowledge-based services, will get a tax exemption for up to 10 years. There is also a special investment allowance for existing E&E companies that have had their reinvestment allowance expired. In addition, the first 100,000 small and medium enterprises (SMEs) may receive a 50% matching grant of up to RM5,000 a company, for the subscription of digital services for business operations, such as electronic Point of Sale systems (e-POS), Enterprise Resources Planning (ERP) and electronic payroll systems. To seed Malaysian companies to ride the global 5G wave, Guan Eng said the government is budgeting a 5G ecosystem development grant of RM50 million. Besides, an RM25 million contestable matching grant fund has been proposed to spur more pilot projects on digital applications, such as drone delivery, autonomous vehicles and blockchain technology, to leverage on Malaysia’s fibre optics and 5G infrastructure. Guan Eng said tax deductions will be given on companies’ contributions towards the newly coined Digital Social Responsibility (DSR), which is the commitment by businesses to contribute to digital economic development while improving digital skills of the future workforce. A budget of RM100 million will be allocated to Malaysian Digital Economy Corporation (MDEC), the bulk of which (RM70 million) will be for the setting up of 14 one-stop digital enhancement centres in all States. The setting up of the centres, as an extension of the ‘100 Go Digital’ programme, is to facilitate access to financing and capacity building of businesses, especially the SMEs, in line with the fourth industrial revolution (IR4.0). The Government also intends to continue providing funds of RM10 million to MDEC to train micro-digital entrepreneurs and technologists, and another RM20 million to grow local champions in creating digital content, especially in e-Games, animation, and digital arts. Qualified Malaysians aged 18 and above with annual income less than RM100,000 will get a one-time RM30 digital stimulus, to significantly boost the use of e-wallets given the low adoption of e-wallet at 8% as at January. This will cost the government a total of RM450 million. Meanwhile, e-Sports will receive an increased allocation of RM20 million in 2020, said the Minister.
sardin81 If you like Armada so much, just sell all your KNM and focus on Armada. I am sure you dare not because you have no confidence in Armada. I dare to dump everything and put all into KNM because I have confidence in KNM. Even though other counters can move up higher than KNM, it does not matter to me... let other people make money, why want to envy I dont lose anything also.
The reason I am against Armada because I see danger in it... massive debt. Revenue is too small to cope with the debt. Just compare both KNM Revenue vs Debt and Armada Revenue vs Debt
KNM revenue RM1.3 billion vs RM1.5 billion debt Armada revenue RM2.4 billion vs RM10 billion debt
you can clearly see which company have better value. Also look at the number of shares..
KNM RM1.3 billion revenue is shared with 2.6 billion shareholders while Armada RM2.4 billion revenue has to be shared with 5.8 billion shareholders.
Clearly KNM is in better condition.
As for prospects, Armada is in a single industry, Oil and Gas. KNM can tap into any industry. Clearly has a better prospects.
Armada may share price may be able to go high, but value is less than KNM, Armada risk is very high and Armada prospects is also not there ( single industry ), Well, Armada is not for me... you can shout all you want, if you can make money from Armada good for you, I am give it a pass. I stay with KNM even though share price is not moving. 14/10/2019 1:12 PM
armada debt profit cross knm with lots of project in hand..also got selling today..kesian..
@kk7198 @Flyinghorse n Mabel,possible Knm will close higher than Armada today.Have faith with General Lee n sardin81. Ms Mabel, congrate to you as most of your stocks are going great guns today like Greatec,Armada,Knm,I-Stone etc. 14/10/2019 12:10 PM ---
Thank you kk7198..
Looks like O&G, IR4 and NFCP companies are the flavors of today. All these companies did extremely well today...
Bottom line...
Finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear.
Be an investors and not just an ordinary traders...
Potential hit RM0.530 before 5pm Wednesday 16th October 2019.
My earlier analysis was to sell tomorrow. But I just get latest research to hold until Wednesday. And not impossible if I keep update the new update again. Im not to play around. Just share what I know and update what necessary. Up to you then.
Potential hit RM0.530 before 5pm Wednesday 16th October 2019.
My earlier analysis was to sell tomorrow. But I just get latest research to hold until Wednesday. And not impossible if I keep update the new update again. Im not to play around. Just share what I know and update what necessary. Up to you then.
Thank you. 14/10/2019 6:50 PM
—————————————————————— in two days to go up that much??
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....
leekee1976
23 posts
Posted by leekee1976 > 2019-10-12 15:29 | Report Abuse
I think take a serious consideration first before buying KNM, check their P/E, ROE, EPS.