Posted by eason10 > 2017-02-06 10:08 | Report Abuse

it will up. Ppl chose this time to announce, so that buyers sell and lower down the price. When the announcement comes, ppl can buy in at lower price. this is a strategic. if really not good, why KFM still at 1.85-1.95 since 31/1?

Posted by NorthernStar > 2017-02-06 10:14 | Report Abuse

Eason10, waiting for AGM before announce any material. Shareholders should take this opportunity during the AGM to find out more of the company future.

Posted by ran777rpt > 2017-02-06 11:13 | Report Abuse

Thank God, nothing drastic happen

Posted by NorthernStar > 2017-02-06 12:53 | Report Abuse

It going to good as there somebody interested to takeup the company and inject new business into KFM. At least the shareholders can see some prospect for KFM not just PN17. :)>

Posted by BaoFaCai > 2017-02-06 13:03 | Report Abuse

The new boss happen in the 2nd photo and look handsome with a kind heart. Follow the website and also found more information about the company. Look sizable and should able to do some good for KFM.

Posted by eason10 > 2017-02-07 09:41 | Report Abuse

Coming....

Posted by BaoFaCai > 2017-02-07 10:24 | Report Abuse

Buy and HUAT!!!!

Posted by BaoFaCai > 2017-02-07 10:25 | Report Abuse

Add more 300 @ 0.185

Posted by BaoFaCai > 2017-02-07 13:37 | Report Abuse

unlikely the price go below 0.185 and better buy or accumulate now! Don't miss the opportunity.

Posted by maunkulopdollah > 2017-02-07 15:49 | Report Abuse

Hihi..welcome to Holland

Posted by BaoFaCai > 2017-02-08 08:32 | Report Abuse

strong support at 0.185 and after AGM (20/2) will fly.

Posted by BaoFaCai > 2017-02-08 13:10 | Report Abuse

Wait for 0.15 and buy some more. Good news after AGM.
Celebration is going on. Hehe......

Posted by ran777rpt > 2017-02-08 15:28 | Report Abuse

Asking for 15cents is like asking for moon, No way can get. ha ha ha

Posted by Kubistrader > 2017-02-08 18:10 | Report Abuse

Type Announcement
Subject OTHERS
Description KUANTAN FLOUR MILLS BERHAD ("the Company" or "KFM")
- Hearing at Pejabat Tenaga Kerja Kuantan
Kes Saman Ketua Pengarah Tenaga Kerja No: KBR/10601/2016/0178
Further to the Company’s announcement dated 15 September 2016, the Board of Directors of the Company wishes to inform that the Company has received a letter on 8 February 2017 from Pejabat Tenaga Kerja Kuantan dated 6 February 2017 informing that the above case has been withdrawn.

This announcement is dated 8 February 2017.

Posted by BaoFaCai > 2017-02-10 13:47 | Report Abuse

Men had went to Moon and 15 cents is possible.
You will see after AGM.

Posted by eason10 > 2017-02-10 15:35 | Report Abuse

now way to go down to 0.15

Posted by eason10 > 2017-02-10 15:40 | Report Abuse

its coming...buy....

Posted by ran777rpt > 2017-02-10 23:07 | Report Abuse

Yes eason10, it's coming and can't get at 15cents

Posted by BaoFaCai > 2017-02-12 14:08 | Report Abuse

1st rule of stock investment. Always BUY low and Sell high. Anyway, there is still one more week to AGM and anything can happen. Even 15 cents. ;)

Posted by MrPauper > 2017-02-12 14:52 | Report Abuse

So what is the lowest price to buy?

At 18.5 cents said it can't get lower..

Out of a sudden said wait for 15 cents and buy again..

Next???

Posted by ran777rpt > 2017-02-12 15:01 | Report Abuse

Now is the time to buy. At best may be 18cents. Normally at AGMs, nothing drastic is decided. It normally passes resolutions stated.

Posted by BaoFaCai > 2017-02-13 08:29 | Report Abuse

That will be the worse if the matter is not discuss during AGM.
Price going to drop below 15cents or even 10cents. That would be the time to BUY. Not now.
Don't forget KFM is PN17! BUY low and Sell HIGH.....

Posted by asdf > 2017-02-13 09:33 | Report Abuse

Holland flour mill?

Posted by NorthernStar > 2017-02-14 11:42 | Report Abuse

Two huge block at 0.170 & 0.175
Somebody is collecting and who? J...g is waiting to take up more!

Posted by ran777rpt > 2017-02-14 17:34 | Report Abuse

Basically Holland is a beautiful country. Why do we still have that old tongsang attitude. It will be beautiful if KFM is been established in Netherlands. Ha ha ha

Posted by ran777rpt > 2017-02-15 00:05 | Report Abuse

Bursa okays KFM’s 6-month extension to submit regularisation plan

By Sulhi Azman | 2017-02-14 20:18:47
KUALA LUMPUR (Feb 14): Kuantan Flour Mills Bhd (KFM) has received a green light for an extension to submit its regularisation plan for a further six months to June 27, 2017 as it looks to uplift its Practice Note 17 (PN17) status.

In a filing with Bursa Malaysia, KFM said the extension of time is without prejudice to the local bourse’s right to suspend or delist the trading of its shares in the event it fails to make the requisite announcement on or before March 31, 2017, and submit a regularisation plan on or before June 27, 2017.

In addition, KFM also said its shares face the risk of being suspended or delisted from trading on the local bourse if it fails to obtain necessary approval from regulatory authorities, and fail to implement the regularisation plan within the time frame stipulated.

“Upon occurrence of any of the events set out above, Bursa Securities shall suspend the trading of the listed securities of KFM on the sixth market day after the date of notification of suspension and de-list the company, subject to the company's right to appeal against the delisting,” KFM said in a regulatory filing with Bursa Malaysia this evening.

KFM had in 2015 fell into the PN17 status after its shareholder’s equity fell below RM40 million, which is less than its issued and paid-up capital.

As at Dec 30, 2016, KFM’s shareholder’s equity was at a deficit of RM10.81 million, while the issued and paid-up capital was at RM3.4 million. The company also noted it is facing “severe financial cashflow” problem.

Recently, KFM’s auditor McMillan Woods Thomas have issued a qualified opinion on the company’s latest annual financial statements, emphasising on material uncertainty that may cast doubt on KFM’s ability to continue as a going concern.

In September last year, KFM temporarily ceased its flour milling operations to focus on its effort to regularise and come up with a restructuring plan to uplift the dreaded PN17 status.

In essence, PN17 companies are categorised as financially-distressed entities, and in order to continue listing on the local bourse, it needs to submit a regularisation plan to the stock exchange regulator.

It is worth noting that KFM had in December last year, seen government-owned Felcra Bhd expressing its interest to explore the possibility of participating in KFM’s equity. However, Felcra retracted its register of interest two days later.

Towards the end of December, KFM signed a memorandum of understanding with Lotus Essential Sdn Bhd, a trader of steam coal, corn starch and tapioca starch, to explore the possibility of restructuring its debt and reconstructing its business, as well as to collaborate in carrying out flour milling activities and trading of flour and food-related products.

KFM shares ended its trade 1 sen or 2.78% higher at 19 sen today, giving it a market capitalisation of RM12.28 million.

Posted by NorthernStar > 2017-02-15 08:27 | Report Abuse

Two directors retired before Dec 2016 and MOU sign in end of DEC 2016. Interesting. I believe there will be some new faces in the AGM that is running for new boss.

Posted by BaoFaCai > 2017-02-15 08:58 | Report Abuse

Die lo. If not announcement the price will go down to 10cent or even before MOU.
Collect time..... He.....he
Huat!

Posted by eason10 > 2017-02-15 09:06 | Report Abuse

i told u all already, IT UP

Posted by Josephine Ong > 2017-02-15 09:28 | Report Abuse

sell all now....

Posted by Josephine Ong > 2017-02-15 09:34 | Report Abuse

back to 18.5 tomorrow

Posted by cscheong > 2017-02-15 09:48 | Report Abuse

anytime can go to 0.26 by today.

Posted by Josephine Ong > 2017-02-15 09:52 | Report Abuse

hit 26 then back to 18.5

Posted by Michelle88 > 2017-02-15 10:02 | Report Abuse

Hold on for today is that ok ?
Such a really good present after valentine day.

Posted by jayalbert > 2017-02-15 10:04 | Report Abuse

for today ok, for long term not ok

Posted by ran777rpt > 2017-02-15 10:06 | Report Abuse

should only sell when Lotus deal is signed

Posted by cscheong > 2017-02-15 10:09 | Report Abuse

already signed

Posted by ran777rpt > 2017-02-15 10:14 | Report Abuse

Signed MOU only

Posted by ran777rpt > 2017-02-15 10:15 | Report Abuse

Under due diligence only by LOTUS

Posted by BaoFaCai > 2017-02-15 10:18 | Report Abuse

Sell all and buy back later when drop til 10cents. Huat!

Posted by eason10 > 2017-02-15 10:22 | Report Abuse

lanjau, it will up to 0.30

Posted by jayalbert > 2017-02-15 10:23 | Report Abuse

no talk lanjau, talk little brother better

Posted by BaoFaCai > 2017-02-15 10:29 | Report Abuse

Haven't sign yet. But exit first becos those buy during Falca's event trying to exit. Huge block waiting at 0.25. He..... Good luck.

Posted by BaoFaCai > 2017-02-15 11:25 | Report Abuse

Greater fool theory.
The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants. A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price.

Posted by eason10 > 2017-02-15 13:51 | Report Abuse

Stupid, Josephone

Posted by eason10 > 2017-02-15 13:51 | Report Abuse

should wait it up to 0.30

Posted by ran777rpt > 2017-02-15 15:29 | Report Abuse

Josephine, you should have considered to hold. You have hold such a long time and can't hold this period when news are flowing?

Posted by eason10 > 2017-02-15 16:09 | Report Abuse

I agree with u ran777rpt.

Posted by eason10 > 2017-02-15 16:10 | Report Abuse

maybe ppl want to buy back with lower price to earn another round.

Posted by eason10 > 2017-02-15 16:10 | Report Abuse

it will reach at 0.30