Is there a conspiracy theory somewhere in KFM? After the announcement, everyone expects the price to dive beginning tomorrow. But who will be buying? Food for thought.
“Meanwhile, the management and the Board of Directors will continue their utmost effort to explore other opportunities and investment participation by other parties to restructure and revitalise the company,” KFM added - This statement for me will have an answer soon and still on puzzles. Just my 2 cts view.
If they fail to submit a plan by 31 dec 2016 may b suspended n then delisted. Fyi,they have been searching for white knights since 2014 or 2015, at one time with diamond water but failed....
Condolence to the fallin' comrades. Similar to Mqtech recently.. even worse.. fake news by the STAR together with the SUN.. but zero action taken by Bursa or just ignored by whatever authorities. Welcome to "Malaysia Boleh".. newspapers also cannot be trusted.. hmm???
Come on be realistic, if the letter on intention is not "serious" then it should back to price close to pre announcement. Pls don't deceive each others anymore. No deal = no white knight,further the net assets is negative. Anyone of us also richer than this company
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....
kbkool
215 posts
Posted by kbkool > 2016-12-15 19:17 | Report Abuse
Sadly to say...definitely it will go down tomorrow..as for limit down...well just hope it did not...