Posted by Scorse > 2019-10-25 18:15 | Report Abuse

Idss got burnt again today?

Posted by Mabel > 2019-10-25 19:07 | Report Abuse

Yes in theory. However I was inform in practice this is not the case..

I mean they have to pay by T+2 for Contra and T+6 for IDSS..

My understanding they seems to have better payments terms than cash players like us.

However that would cost them money if they fail to buy back..

Posted by riko > 2019-10-25 23:03 | Report Abuse

Basically I only agree profit, the rest kaki kong kaki song

Posted by Mabel > 2019-10-25 23:03 | Report Abuse

Noted and thanks team...

Posted by Mabel > 2019-10-25 23:45 | Report Abuse

@sardin81 today IDSS players got burnt in KNM. they sold at 46sen, bought back at 46 to 46.5sen.

Let's see how it works for IDSS...

Step 1:

Morning 9am sell 1 million shares that they don’t have @ 0.46

Step 2:

Post on i3 about KNM old news bad and negative issues and investors selling big to take profit to spread fear and hope price goes down to 0.44 - 0.45

Step 3:

Before market close on the same day, buy back the 1m shares at 0.45, therefore making the spread of 0.01, or RM10,000 to cover the short position.
----

I have been a strong advocate to being a long-term investor. So far it works for me.

Since the topic of IDSS has been discussed in this forum, I have been doing some reading on what’s it’s like to be on the other side of the camps, the Short Traders specifically on what percent of day traders are successful?

Nobody knows the exact %, but according to insiders who trade, it’s probably closes between 1-5%. If you are not mentally and emotionally prepared to lose money, you will never make money and this is why 95% are not successful. You can NOT be afraid to lose money.

Most associate losing with failure. They equate success to winning more trades than losing trades. They ignore what matters most; the size of the wins, not the frequency of the wins. A trader can win 1/3 of their trades and make millions, if they know what they are doing. They need to follow and understand a simple formula.

(avg win RM) x (win %) must be greater than (avg loss RM) x (lose %)

Your goal is to increase your win amount, not win % and reduce your loss amount, not your lose frequency. If you make 10 trades and lose RM 1 on 8 of those trades, you only need to make RM 4 on the other 2 trades to break even. You could lose 80% or not lose any money (ignoring fees obviously).

There are about 250 trading days in the year. Since KNM will reach one of its peak towards the end of this year, you only have about 40 trading days on your side to make it happen. Taking the above figure as an assumption, assuming you make RM 10,000 a day average, that is RM 400,000 for the next coming months, provided you win every day. Although this is hypothetical, this doesn’t sound like much considering 95% of these traders lose money.

Hence, you actually have two choices:

1. Come and join us to be a long-term investor and win graciously with KNM's momentum

or

2. Continue to remain as a short trader and face the potential challenge as written above


Please feel free to comment if the above assumption is far from reality.


Cheers everyone!

Posted by Lam Wai > 2019-10-25 23:56 | Report Abuse

What is IDSS ??

Posted by Mabel > 2019-10-25 23:59 | Report Abuse

Intraday Short Selling (IDSS)

Posted by riko > 2019-10-26 00:49 | Report Abuse

TP : RM 3

Buy !!!! , KNM QR need 150M NP per quarter , with borseed , 150M sap sap water.

let's go to bank and loan 50M , and sapu KNM ....
then imagine KNM will hit RM 3 in near future and siok sendiri everyday.

Posted by kk7198 > 2019-10-26 06:36 | Report Abuse

riko, tell me which bank is willing to loan you 50M? Most of us here are waiting for the BIG HIT....RM3.00.That time riko will a weeping baby and not siok sendiri.

Posted by riko > 2019-10-26 07:05 | Report Abuse

Tell bank borsig story will do.

Posted by Trader8888 > 2019-10-26 07:43 | Report Abuse

Dji almost break 27k, oil price pantul again from support. Next week IF fed cut interest rate, we'll see bullish market ahead.

To apanama, market react faster than those report. Imf cut growth rate as a warning SIGNAL to fed, us, china... If us-china know the consequences of the trade war, do u think they are that stupid to escalate their trade dispute?

As what i believe from what i see, market is in recovering mode. Another correction might happen but won't be as worst as before. In other word, there will be no more crash. Crash already happened last year when dji down to 21.7k.

Posted by Trader8888 > 2019-10-26 07:44 | Report Abuse

Prepare your bullet. KNM is heading to 50cents next week, then next RM1.

Posted by bigfund > 2019-10-26 11:17 | Report Abuse

Last time it price was rm8. Can it repeat the history. If it so many of us become millionairs

Posted by bigfund > 2019-10-26 11:26 | Report Abuse

But for next year sure can hit rm 4

Posted by investortrader88 > 2019-10-26 11:56 | Report Abuse

need to produce lots of profit to achieve RM 4

Posted by riko > 2019-10-26 12:01 | Report Abuse

Rm 3, 4, 8..... Tp already rm500 now lah.
Banker/epf stupid not buying anything, because they do not know siok sendiri at weekend.

We, buy sikit sikit... Have unbelievable imagination.

Laugh die.

Posted by kk7198 > 2019-10-26 12:08 | Report Abuse

riko,come Monday...KNM might test 0.50 sen so don't laugh die.

Posted by riko > 2019-10-26 12:36 | Report Abuse

I agreed. 485-495, next 505.

Posted by riko > 2019-10-26 12:43 | Report Abuse

But... Forgot to tell you Monday knm no movement...still can siok sendiri one more day

Posted by kk7198 > 2019-10-26 12:43 | Report Abuse

sifu sardin81,investortrader88 n others,there is a good write up on KNM in today Edge Malaysia.I have posted the main points but like sardin81 had said before,it disappeared.

Posted by longvalley > 2019-10-26 12:46 | Report Abuse

...... 0.07.,,,,,0.20c
...... 0.20......0.30c
......,0.30.......0.40c
.......0.40.......0.50c
.....,after this no more give u chance.....
..... let dream $1.00
......dream........
......tak mau beli tak pa..... promo tak selalu ada
Promo for limited time oly
Juragan sardin
Wa ka ka
PH N the gang ponin oning
Juat simua
Juat taik
Bolong knm
Bolong abit lnm
Hot money on the move
Hot money d angkasa laya
Stan by u
Juragan sardin
Wa ka ka
Yr £££££££ yr risk.....

Posted by Mabel > 2019-10-26 13:17 | Report Abuse

Unfortunately, Malaysia has so many public holidays..

We always tend to miss the Dow Jones or Oil Price spike because we have too much juice holidays..

Monday is Cuti Guys..

Tuesday Bursa will open..

Never in my life I'm so excited to have Monday as a working days....

Yes KNM will spike 50 sens next week..

Posted by LKOH > 2019-10-26 13:25 | Report Abuse

KNM appears on the the edge weekly...go and get a copy from newsstand.

Posted by investortrader88 > 2019-10-26 13:29 | Report Abuse

@ kk7198.latest news regarding KNM in the Edge but removed.interesting bro !

Posted by kk7198 > 2019-10-26 13:33 | Report Abuse

Yes, bro investortrader88, Peterborough WTE has already started n will be completed in June 2022.Get a copy of Edge Malaysia n is a good write up.

Posted by kk7198 > 2019-10-26 13:37 | Report Abuse

General Lee sees Borsig worths more than RM 1.7 billion that its paid a decade ago.Borsig has been profitable all these years.KNM's debt is lass than 1.5 billion...only around 400 million.

Posted by LKOH > 2019-10-26 13:43 | Report Abuse

KNM wants to get an investor to take up a stake in Borsig, so I believe they have already identified one.

Posted by LKOH > 2019-10-26 13:44 | Report Abuse

By selling part of Borsig, they will get the much needed capital for Peterborough and other projects

Posted by investortrader88 > 2019-10-26 13:46 | Report Abuse

@kk7198.glad to here all the goid news.

Posted by kk7198 > 2019-10-26 13:50 | Report Abuse

Yes.....except riko,He is going to miss again.

Posted by investortrader88 > 2019-10-26 13:52 | Report Abuse

like what a mentioned before KNM maybe will not use their cash pile to start their WTE project at UK.they have a lot of projects ongoing they need their cash pile as working capital .hope General Lee have a big funding or partner to start WTE UK PETERBOROUGH

Posted by longvalley > 2019-10-26 13:59 | Report Abuse

.....hopefully petronas join the game....!

Posted by investortrader88 > 2019-10-26 14:17 | Report Abuse

@kk7198.bro.i believe riko hold many KNM shares.if not he wont be around in this forum.sometimes his comment a bit irritating but in his mind he also hope KNM will perform better & better.This 2 weeks riko started to share his knowledge to us regarding idss & a co share price performance depend on profit.Logic & true facts.We need to get use to each other.as we are in the same train.

Posted by kk7198 > 2019-10-26 14:49 | Report Abuse

@investortrader88 bro, sure hope riko n all of us here make some money .Now I am free so do some posting part by part.

Posted by kk7198 > 2019-10-26 14:55 | Report Abuse

As at June 2012, KNM's debt to equityratio stood at 0.96 times.Its cash and cash equivalents wasRM367.91 million as at that date while sjort term dabt and borrowings amounted to RM 401.19 million.

Posted by annmix > 2019-10-26 15:01 | Report Abuse

kk7198 Yes, bro investortrader88, Peterborough WTE has already started n will be completed in June 2022.Get a copy of Edge Malaysia n is a good write up.

will the project face the risk of delay or cancellation ?

Posted by kk7198 > 2019-10-26 15:02 | Report Abuse

KNM is looking to monetising its investment in Borsig to fund its future growth plan, says Lee.Besides an initial public offering, the group is considering getting a strategic partner to take up a stake."The investor we want should be somebody who can help to open up a bigger market for us.we want somebody who can bring in money and potentially open doors for us, bringing in new business," says Lee.

Posted by kk7198 > 2019-10-26 15:04 | Report Abuse

annmix bro, General Lee is going to bring KNM to greater height.I believe in his ability.

Posted by kk7198 > 2019-10-26 15:06 | Report Abuse

I don't the project will face the delay or cancellation.

Posted by kk7198 > 2019-10-26 15:07 | Report Abuse

I don't think...

Posted by LKOH > 2019-10-26 15:11 | Report Abuse

Borsig technology will be good for Petronas initiative in WTE

Posted by kk7198 > 2019-10-26 15:12 | Report Abuse

Yes.

Posted by kk7198 > 2019-10-26 15:21 | Report Abuse

annmix, The construction of its WTE plant in Peterborough has started, with the first phase targeted to be completed by June 2022.I think for future funding, they can do an ipo in Borsig or selling some stakes to a partner.Hence the final phase of Peterborough WTE will be completed.

Posted by investortrader88 > 2019-10-26 17:55 | Report Abuse

@kk7198.KNM debts.From RM 1.5 billion reduced to RM 401.19.looks like General Lee have been working very hard in silence.What we predicted previously might be true .Listing Borsig at SGX.Finding new partner or funder to start WTE Peterborough.

Posted by kk7198 > 2019-10-26 18:04 | Report Abuse

Yes, Peterborough WTE needs a lot of money for completion.

Posted by apanama > 2019-10-26 18:09 | Report Abuse

sell..23sen..

Posted by investortrader88 > 2019-10-26 18:13 | Report Abuse

@ kk7198.bro we are talking about probably billion of ringgit for Peterborough WTE project.

Posted by investortrader88 > 2019-10-26 18:21 | Report Abuse

@ apanama.weekend .take a break bring yr family shopping & look for nice food.relax lah bro

Posted by moon2388 > 2019-10-26 18:28 | Report Abuse

"KNM plans to raise the plant's capacity to 500,000 litres per day and once it produces that much bioethanol, it will be profitable, says Lee"

That means the bioethanol plant's current production of 200,00 litres per day is still making loss ! Shocking news indeed ! Have to wait until 2020 (as said in the 2018 annual report) for the 500,000 litres production per day to see some sparks in the bottomline.

Posted by Trader8888 > 2019-10-26 20:50 | Report Abuse

moon.. that mean by 2020 knm will be RM1... investor buy now due to it's potential. When KNM shows significant profit, then price already at rm3..