VadaiISback, don't be angry. If you have faith in what you believe, you should be happy to buy more at lower price. No one is so brave like you to catch a falling knife. You really need a lot of Good luck!!!
paktua not simply2 say fight.. but strong believe on knm future.. if we need swing is easy to do.. bcoz that is our expertise.. paktua dare to bet until this friday.. knm still stand strong close at above 0.355
tut tut always fight and reloaded as long we can afford the burden..
Haha, I think many here were hoping KNM would hit RM3 immediately after initially seeing RM3 being mentioned. Many bought because they think having such a great asset and expertise as Borsig would move share price up. Wrong!
KNM acquired Borsig in 2008. They've had Borsig for more than a decade. Assets/expertise don't drive share price. EARNINGS derived from such asset/expertise drives share price.
More EARNINGS improvement and more significant job wins needed to push share price. So yeah, RM3 can be achieved. But when? Only with significant and consistent improvement in QoQ earnings over the next few years. If KNM continue to report 3% net margins, share price won't go anywhere.
This is a value stock people. It will take time. The quick money was done from 7c to 47c. Again, without any significant improvement in earnings or large job wins, there won't be any catalyst to push share price higher.
In any case, chart looks like it has bottomed out today. Buying could kick in from tomorrow onwards.
investortrader88@Paktua. bro hari ini ada top up KNM kah bro ? 11/12/2019 5:18 PM ======================= today paktua troops just bring tiny only.. but.. have to thanks other legions who comeby and fast than us to grab at 0.34,0.345,0.35.. paktua salute them fight beat idss..
tut tut now we got new frontier fighter here.. welcomed fighters
Bear bear simply ask people to go die no manner at all.
Don’t get me wrong. I’m just open a discussion with you all and learn together. I’ve my self invest also at lower price 340 or maybe even lower I don’t know. We all did know the price won’t go up to RM3 in one day or short term period. Just seeing the price day by day drop and have a flash doubt the potential of this stock. No offense
maggiemee@When pak tua share the motivation song be lion not a follower and the price still go down really kinda funny 11/12/2019 7:41 PM ============================== yakaaa?? wah paktua veli hammer thor laa like that.. so tomolo paktua has to sing more laa.. then we all can collect cheap cheap one woo.. buy on discount at veli good growth stock.. its rare opportunity woo.. paktua suka..paktua suka.. let we standby on this week kita beli lelong mulah mulah.. after cny 2020 we see who miss the ride..
tut tut love pessimism views.. more fear their got more their confused.. and more chances we can buy lower
Maggiemee goreng, most long term investors here bought this share around 7 cents, what makes you think they would be bothered with few cents price drop or correction ? with your logic, it sounds like you’re expecting all share prices to only go up, this is share market lah, there will be correction n stuffs, if you scared then please go put your money in FD, i think Bangkok Bank now got promotion :D
Bear bear, we all are adult and knew that invest in stock definitely have their own risk. If money so easy to earn then everywhere also millionaires. I’m open my discussion here to challenge I myself don’t think it’s a challenge also. Just when you tell people the share is good but the moment it’s been like dropping significantly like a month already it’s a opposite side ok?
maggiemee @Pak tua I didn’t critic you just when I listen the song at the moment the price keeps on drop it’s kinda funny 11/12/2019 8:08 PM ====================== no worry paktua not mention on you.. just for other who always fear n let confused lead them to make decision..
remember now is year end..some got hunt by IRB..must clear tax.. some got margin call.. some need money to vocation..
tut tut let we unite no matters what methods we apply..
paktua always hear this many time.. the typical word .. they always say..
what gonna happen next? what i would do next? its will be down doom? oh my god!! i am gone!! why i never get out earlier!!
this a typical word that we say.. when we surround it by chaos momentum..
we as are human have singularity that we call sense... fear will lead us been protective.. we act be protective when we does't understand its well.. its will happen.. fear also lead us.. been protective..
when we know something its no right... fear always.. lead us make a wrong step.. becoz.. we surround it by step.. be a protective to what we have.. and make us be an prejudice..
soo..come on!! wake up!! remember.. how many time.. we pass it all.. difficulties..obstacles.. and successes through it.. come on.. step up with our brave heart... release all our fear... let hear this..
we're man to take lead be the top.. we're man dream to be number one we're man of fearless .. we're the fighter .. we never let fear... lead us ever...... we will fight.. dare to fight to be more stronger..
you're the winner.. youre the heroes.. legends forever,
you're the brave ones, let we sing more..
we sacrifice our blood, we fight for honor our armours stained bloods beast we kill all of fear
we are the chosen ones, it's seem to us the journey will never end, so many years to many battle we will beat it all not even left an single.. we will fight till the end even only left we the last stand
we are the brave ones, no more living in fear's our armours stained bloods beast we kill all of fear we are the chosen ones,
now will arrive back and standing at the gate we will wait hit and strike
we are the chosen ones, heroes of the days.. legends forever, end glory we return our destination's end
Another important sign that the wayang is officially finished with so thin trading vol. Have wait for next round. Good luck to those who have promoted because of huge holding.
LOL notice the tone of Sardin's comments changing.
Previously it was all about Borsig engineering and expertise. 100+ year old company etc. Give youtube link on Borsig etc. As long as you have Borsig, you will be king of the world. Jokes!
All of a sudden he wants to comment on earnings and margins? LOL
Don't talk about earnings la. Talk about Borsig. Don't need to generate earnings. Just have Borsig. People hear the name and they'll give KNM money.
We shall see next Q results. Finance costs also remains an issue to be addressed. Margins will not improve so easily. Been eating into profits since mgmt acquired Borsig for that huge premium back in 2008 (one can clearly see the goodwill of c.RM1.0b on the balance sheet). KNM took on lots of debt to acquire Borsig and been servicing the finance costs ever since.
If KNM has some non-core assets that they can dispose off, they should do that to pare down debts. Instant margin improvement while they wait for the turnaround to really come into fruition.
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....
KingDavid
2,666 posts
Posted by KingDavid > 2019-12-11 17:11 | Report Abuse
VadaiISback, don't be angry. If you have faith in what you believe, you should be happy to buy more at lower price. No one is so brave like you to catch a falling knife. You really need a lot of Good luck!!!