investortrader88 ,oops sorry I missed so many KNM news ,,,,,, pls explain what is WB ? why must reach RM1.00 by 21 april 2020 ..what is the rationale ????
Thank you KK.. It is still way too low for knm. Knm started to restructure the company and sold off nonvalue asset. Methanol plant, RE in UK and Process Equipment will lead the profit
For example, Eduspec gave Warrants for free to the shareholders and the Exercise price is 5 sen so can convert to a ordinary share.
Why 5 sen? Likely the current price of the OS was 5 sen each then. It is free for the receivers/existing shareholders and it doesn't dilute the value of the existing shares issued whenever any conversion to OS that could take place even immediately. Every shareholder benefitted.
Just like KNM, presumably the Warrants were given to the shareholders then when the mv of the OS was a Ringgit. Immediately From that moment, if the value of the OS have turned to RM1.05 , you may have found the market opened with buyer offering 5 sen and above for each Warrant in KNM.
I can invest in KNM firstly at lower price (5 sen) via a Warrant with the understanding that I have another RM1.00 to forward to the Company before the expiry date and it is just like another person who had purchased the OS instantly at RM1.05 only.
SO, pending the expiry and estimated that the price of the OS should go to RM1.30 by tomorrow, the Warrant can become RM0.30 each. The profit is RM0.25. The profit is same like for the person who invested directly into the OS. BUT in the real world, the price of the warrant may increase until say RM0.60 when the speculation stated that the OS can become RM1.60 come the expiry date.
CAN WE EXTEND THE EXPIRY DATE OF THE WARRANTS?
It is not impossible BUT there is a need to amend the conversion price from RM1.00 to RM0.45 and being forced to zeroize the value of the warrant.
Each company warrants entitled to a 10 years cycle and KNM-WB may get a chance to extend to another 5 more years to 2025 expiry....limmit UP KNM-WB if get approve by SC/Bursa.
YES, if that can happen, the Warrants will become very valuable because by next 5 years the value of the OS may become RM10.00 a unit.
BUT the recent warrants that were wasted are from MRCB, EFORCE? I maybe wrong.
AND the other risky warrants are, for example, like DSONIC and Perak Transit where the conv price are even higher that the OS price. This is especially when the expiry date is approaching.
BUT i really hope KNM OS can hit above RM1.00 and beyond by APRIL next year. Why no hope? I can make profits aplenty.
agreed...sardin81 is the best sifu in this forum.A few times thought of cashing out but repeatedly reading his comments upheld my decision n convinced me to buy some more.
James Ng you are just stating the obvious on KNM. You have been giving negative OL on this stock but yet others are giving positive OL with their Turn around plan. It’s obvious they are able to maintain their top line and delivery positive bottom line for last 2 qtrs. They continue to win tenders along the way. I’m suspecting that your reading on stock market is not solid enuf. Hence wonder you care to add your comments on this counter? Probably is better to keep it for own self analysis. Take care
@beinvested.yr English is superb.Well explained.My Spm English not even yr 30%.If this coming qr knm can produce impressive profit knm share price will not be a problem to reach RM 1 .3 consecutives qr profit big investors or financial institution will consider to invest in knm.even uncle kyy might be interested in knm by that time as 3 consecutives qr profit is one of his golden rules to invest.
Agree Sardine is our best sifu here.With his knowledge that his share about knm many of us still holding knm until today.
@beinvested YES, if that can happen, the Warrants will become very valuable because by next 5 years the value of the OS may become RM10.00 a unit.
BUT the recent warrants that were wasted are from MRCB, EFORCE? I maybe wrong.
AND the other risky warrants are, for example, like DSONIC and Perak Transit where the conv price are even higher that the OS price. This is especially when the expiry date is approaching.
BUT i really hope KNM OS can hit above RM1.00 and beyond by APRIL next year. Why no hope? I can make profits aplenty. 15/10/2019 9:16 PM
beinvested,
Thanks for your explanation on warrants since I never buy warrant, only been buying mother share...
KNM last breakout was 1.5 month after Q1 Qtr Announcement.This week marks 1.5 month after Q2 Qtr Announcement. We saw a breakout yesterday. Is this a trend, if yes, we will witness more breakout coming weeks leading to Q3 Qtr Announcement. Most will agree that KNM current price is grossly understated.
Good morning guys.yesterday no announcement from bursa who bought knm shares at big volume aggresively.If not General Lee who bought then we have to guess who is that big investor. If the 2 individual Diana Chua & Pui Cheng Wei still in top 30 shareholders of KNM.Take over possiblity still possible !
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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....
investortrader88
3,234 posts
Posted by investortrader88 > 2019-10-15 18:22 | Report Abuse
@ riko.let them talk lah bro.everyone just share their views.as long not fake stories or trouble maker .