EBITDA or PAT? u tau baca report tak?
============================================
When I show him BORSIG is contributing more than RM100 million profit each year to KNM for the past 3 years, from Annual Report. he was shocked...
============================================

I'm not one of them. U can go see my profile. It has nothing to do with me.
============================================
I am not sure any of you remember what happened last time when promoter of Serba come here to promote Serba and make fun of KNM ? Did you remember how Sardin81 argue with them by doing analysis on the Annual Report and some other details vs KNM ? Did RJ87 and his gang member said anything about Serba forum before this incident happens ? After something already happens, then only they become "so smart"
============================================

I think you weren't born yet. Here's how I know. =D

https://imgur.com/gallery/vDWTZcR

Guys, choose carefully who to listen to. Between a person that keep switching account and a person that can stand by what he said in the past. Think carefully. I defend many counters in the past. Many attacked me too. But i'm here to stay. They perished and open new account to come back with same tahi lembu, different ID. Don't talk about consistency and credibility when u only hv a 30days old account. Go back to ur cradle.

Yeah. The part this is guy is st*pid. After 2008 crisis, the recovery starts after last QE injection in 2011. The bull starts with one of the longest streak. Genius, in your words, what happened to KNM price? Woah if you hold since 2008. I hv nothing to say. You are married to KNM liao.

============================================
He does not even know about the 2008 famous world financial crisis, if he does not know.. must likely he was still in school. That crisis impact alot of people, not just stock market. Those who actually believe in whatever garbage he said and go and propagate what he claims ( without any proof )... What if you are influenced by an 18 yr old kid ?

When I read this comment. I can't stop laughing.

Sorry. I still in my pajamas. I gonna go get my morning shower and brush my teeth now. Hahahahha.

I can't use computer in my dreams. Besides, I would rather dream of something else than to reply a st*pid in a forum. No thanks.

nedgeon, this is too funny. Thank you for making me laugh.

==========================================
nedgeon you know why RJ87 cannot comment now ? he is either in school or at work ( probably a very junior staff, if senior staff sure can open the computer and post comment ) . Most likely still a student.
12/11/2021 9:57 AM

I don't know about u, it's whole lot better than sit on toilet bowl looking a bunch of "residue" and crying non stop.

=====================================================
Nch21396 Ya, they try to earn penny, 1 or 2 cents make them tell d whole “kampong”???
12/11/2021 8:16 AM

However, there are similarities between KNM and Frontken. They hv recurring revenue after securing each project. Maybe Aramco, got...I don't know. I don't see in the report yet.

That was my mistake selling Frontken too soon.

But Frontken don't hv many toilet bowl with "residue" to flush. Flush 13 years also tak habis.
This argument is very strong and valid. You also don't know how to worm your way out. =P

This sorzai right, kena corner that KNM flush Borsig EBITDA into loss-making subsidiary is st*pid not very happy.

Now, all he can do is personal attack. Now, u tell me where which part of
"knm IS NOT a lost cause like serba…" you don't understand.

Did I say KNM is the same as Serba? Or you don't understand the word "is not"
I say KNM IS NOT Serba is a good thing. This how st*pid you are.

Until you learn to apologize for ur mistake/st*pidity, i'm just gonna point out where u bodoh.

I have not read you example about Frontken. I hv no comment.
As of now, I DON'T SEE any similarity especially the part KNM price drop from RM9 to 20sen in part years while Frontken up from 30+sen to RM4.5. Big difference. Or you too st*pid to notice?

The two technology frontken invested 2017 and 2018 is not something KNM has. Or maybe not. Do enlighten.

=========================================================
nedgeon Now RJ87 compare Serba with KNM... he knows nothing. KNM and Serba are totally unrelated. The reason I give FRONTKN as example because there is a common thing in both of them in their road to recovery, Do you know what it is ? I am sure RJ87 does not know.

Nedgeon is right when he ask why im here… knm is not a lost cause like serba…

Given its billion dollar revenue, they just need to reduce the loss from their loss making subsidiary…

if they can increase the PAT to RM50m a quarter and RM200m per annum. Easily put KNM above RM1B market cap given it’s revenue resilience.

They dont need to believe me.

Like you say, use RM100M EBITDA from A and use RM80M to flush residue from B and C.
‘
They find it st*pid. Mar sell lo. Weird thing is u die die say it’s smart.
I’m trying to point out it’s st*pid. U die die defend it’s not. Sigh…dunno what to say liao…

Can explain how flushing RM80M down toilet bowl is smart ar? How is that smart? How?


==============================================
Only bigger i d i o t s than you, will believe in you. Surprisingly there are

Typical dishonest management play book.

Buy expensive asset with loan. All profit eaten up by expensive operational expenses and finance charges. A bunch of ESOS than only benefit management. When no money, PP and RI.

If u see such similarities anywhere. Run far far…

——————————-
Pattankhaw Wonder when this counter will do justice to investors like us
11/11/2021 6:44 PM

I’m looking for a yes n no answer.
Simple answer also can’t give. Dare call ppl id*ot.

Only st*pid write and essay for a yes n no question. Bodoh to the max.

Conmen very smart. It’s not about KNM still full of taik…it’s about ppl making 1-2sen.

Kena corner liao...Like I say, pretend never read it lo...

"I am just correcting the lies that is being propagated here."

And I the lies that I have exposed is KNM toilet bowl still got sh*t. Sh*t so big that need to use up whole of Borsig RM150M EBITDA to flush. For 13 years.

Puzzling part if u don't seemed to be bothered by it. Which leads me to think if you are either st*pid or conmen.

====================================
RJ87 Give you one last chance la....

My questions is very simple...
1) Problem from B and C....still there or not? don't putar belit liao.

2) Just like your toilet bowl...still got sh*t or not? don't putar belit liao.
Don't say things like, it's flushed. But still residue. My question is simple! Still got sh*t or not?
(This is how I talk to st*pid people. Talk properly won't understand one.)

Just say yes....still full of sh*t! need another 13 years to flush.

Although the below statement already admit. Just too ego to admit after kena marah st*pid so many times. The more u putar belit. The more st*pid u look like.

Share the same observation....

Everytime support grow thin, u can see sudden 15M/20M shares selldown...later followed by small small chunk of collection with net transaction upto 100M -200M...

the small shark that do this also quite kaya. Nvm, we ride along.

KNM to die won't die la. Got 1-2sen profit. It's better than bleeding 10-20 losses.

Even if u hv 10sen loses....u just need to make 10 times 1sen gain. Then, u recovered ur losses while it's going sideways. This is the ultimate lesson I learn.

========================================
icon2021 to make this one rally up n LU is to have a much bigger shark than the existing small sharks who are having big enough fund to just take profit for every 1 cent raise while to cause greedy retailers cutloss in frustration because when they enter the prices were seemingly controlled from rising further ....
When massive cutloss event occurs these school of small sharks collecting silently again..
11/11/2021 4:32 PM

That's the lie u tell yourself since RM9 lo. Big players waiting chicken sh*t like me to cut loss.

While the "big" player holding RM8.80 sen losses. If take screenshot and share how bloody it is...I think I will cry on his behalf.

Not because I pity him. I don't pity st*pid people. I cry for the gross disrespect for money.

====================================================

nedgeon Superb99 price like a salted fish now...can tabao d
11/11/2021 3:38 PM

how to go up ? you have so many RJ87 holding this shares... all the big players are just waiting for them to cut loss. I think some of you are right.. the more I talk, the more I D I O T S will expose themselves to the big players.
11/11/2021 3:52 PM

Give you one last chance la....

My questions is very simple...
1) Problem from B and C....still there or not? don't putar belit liao.

2) Just like your toilet bowl...still got sh*t or not? don't putar belit liao.
Don't say things like, it's flushed. But still residue. My question is simple! Still got sh*t or not?
(This is how I talk to st*pid people. Talk properly won't udnerstand one.)

Just say yes....still full of sh*t! need another 13 years to flush.

Although the below statement already admit. Just too ego to admit after kena marah st*pid so many times. The more u putar belit. The more st*pid u look like.

========================================================

What do you mean gone is gone ? are you saying all those borrowings that KNM took to finance B and C automatic no need to pay anymore after B and C is closed down ?

Lelong lelong ada 19sen...
Siapa mau collect cepat collect...

================================================
Wealth tried to buy at 19c more...but cant.

so i have settled for 19.5c

those who bragged about buying at 20c n selling at 21.5c...i have no comment for you lot.

good luck

i trust my money with tunku

Mar don't be that st*pid to say problem from B and C is gone lo. What so difficult? Why so difficult?

Now u know why I say you are st*pid? Or you don't?

==============================================
What do you mean gone is gone ? are you saying all those borrowings that KNM took to finance B and C automatic no need to pay anymore after B and C is closed down ?

U r a piece of sh*t. I hope that happens to you too and sato will the chance to write a longer
"hahahahahahahahahahahahaha"

----------------------------------------------------------------
bookerhoot9eee @ sato seriously?? 0.21 to 0.015 hahahahahahahahahahahahaha
10/11/2021 5:59 PM

Now I know why folks here say don't talk about borsig.

I think they mean don't talk about the same sh*t. It's getting rotten already. And hence u can get cheaper later.

This where I know you are a st*pid. My analogy is simple and clear. Gone is gone. Nothing about B and C left.

For you is VERY complicated. Disposed is not completely gone. Your disposed already can still eat up 120M from ur 150M EBITDA. Nobody knows this will go on for how long.

It's like you sh*t in toilet. Not all the sh*t is been flushed. There is still residue 80-90 residue.
Need to keep flushing. When asked if it's flushed. You say it's flushed. When I say why I still see sh*t. You answer "it's flushed! You But 80-90% of sh*t is still there.

Still dare to make statement that I don't understand my own analogy. You putar belit got la.
I give you one more chance, "Sh*t is still there or not?" (I think u gonna pretend not read this.)

This sh*t flushing has been going on for past 13 years not done yet. Don't know want to say pandai or bodoh. 13 years also can't flush properly. But for nedgeon, this is not a big problem. Can you imagine ur kid flushing the toilet for 13 years? Wouldn't u go in the toilet with a cane to whack the sh*t out of him?

That's why PAT is more important that whatever crap you have biasedly brought forward. In the end of the PAT would hv included loses from D until Z and so on and we know if still make money. There is no point keep mentioning EBITDA from A but there are losses from B-Z that you pretend not see.

What conmen do? pretend losses from B-Z is not there lo. At least this time, he admits it's not complete gone. There are residue that wipes 100-150mil off KNM's profit. So as investor, u know la. U wait until sh*t is completely cleaned with no residue first only comeback. Else, u come back, everytime also have to talk about the same sh*t and nedgeon will explain that still go residue, that's why u can collect cheap 10 years later. =D

=====================================================

This is exactly what KNM have been doing over the years... B and C has already been disposed. Do you still see loss making North America subsidiaries anymore ? Did you see loss making South America subsidiaries anymore ? and many more... There are no more B and C to cover, that is why KNM is getting profits now but why not full profit of A ?

By disposing B and C does not mean everything is cleared immediately. There are still residue from B and C needs be cleaned up.

Part 2 to ABC Holding story...

Whenever need money, to do RI, PP and loan, they tell how stable is Subsidiary A and its performing asset and orderbook as collateral. But when comes to sharing profit, they say it's being used to cover Subsidiary B and Subsidiary C losses

U know what's the ultimate move? When they finally tired siphoning money from B and C, they try to sell A for a lousy deal to a buyer which they probably hv a share in and spin it off as Holding A.

Holding A with profit 100mil a quarter, 400mil per annum with PE 10 (Just incase some donkey think I don't bother or know how to count PE) will put Holding A at RM4B. That's like 6-7X of ABC's holding market cap.

Now, ABC will be left with money losing subsidiary B and C. Imagine those invested in ABC holding...supported each RI and PP for past 10 years...just to be tied to a rock and ditched to the bottom of the sea.

What i'm trying to say here is...Don't be too blinded by your own biases...
You are your own success and downfall.

Time exposes all lies. Not need to argue. All we need to do is just wait and see.

Give you simple analogy la.

Abc holding has 3 subsidiary...

Subsidiary A every quarter report EBITDA RM150mil
Subsidiary B every quarter report losses RM50mil
Subsidiary C every quarter report losses RM100mil.

During AGM, ABC Holding management will say how awesome is subsidiary A. But then comes profit. Nothing to share. Everything used to cover losses from subsidiary B and C. Investor ask why not wind up B and C? ***A bunch of excuse***. If I can siphon RM50m a quarter via B & C for next 10 years, it's whole lot more than waiting market cap of ABC holding to appreciate.

This is how big revenue, big EBITDA but no profit looks like. And some jack@ss here think that's is not a severe problem.

===========================================================
TheEqualizer and besides why bother to reply to all these jackasses and traders?

I am sure they could not even be bothered about PE ratios or whatnots or what borsig is...only want any inside information..true or otherwise.

am i right? lol

U see how people switch things around. Profit, gross profit and EBITDA are all different thing and they are not interchangeable. U bother to clarify ur statement or what? Or you just a hypocrite/conman to that won't walk this talk "I am just correcting the wrong information that is being propagated non-stop."

When I say EBITDA is a bad indicator normally used as scam tactic, u conveniently switch to profit.

What's ur real intention here nedgeon?

When there is Big Revenue, BIG EBITDA, but no profit. For that many years, it starts to smell rat.
if KNM can fix this, the price will rocket. But you are not interested to find out why.

When challenged on how u benefitted from holding KNM for past how many years, you pretend you never heard that question.

You are very selective in replying. AND EACH REPLY YOU AVOID important question and replace it with a bunch of drivel. You only want to share the good stuff but hide the bad stuff.

Sometimes, I can't tell if you really trying to con or got lost in you own con.

Why list down 3 bad things you don't like about KNM and u wish to see the Tunku change in KNM just to find out if you are blind or st*pid. (try limit to 2 lines per point. To prevent you from getting off tangent and comeback with a bunch of drivel again)

===================================================================
"This segment recorded a higher gross profit of approximately RM254.82 million and an EBITDA of approximately RM183.13 million in FY2019 as compared with RM238.07 million
and RM115.53 million respectively in FY2018, mainly attributed to lower operating costs.

is RM155.04 million in FY 2020 more than RM100 million ?
is RM183.12 million in FY 2019 more than RM100 million ?
is RM115.53 million in FY 2018 more than RM100 million ?
===================================================================

No has become this...

===================================================================
Go and read KNM annual report for 2018, 2019 and 2020 ( page 7 or page 8 )

BORSIG contributes RM155.04 million profit to KNM in FY 2020
BORSIG contributes RM183.12 million profit to KNM in FY 2019
BORSIG contributes RM115.53 million profit to KNM in FY 2018
...
====================================================================

Maybe nedgeon, u can share how you have hv benefit investing in KNM lilke all the big kaki here. Who knows if u share your screenshot, I will be tempted to take bigger position.

Where? I hv shared many stuff. Ur turn.

I call you a conmen is because of this statement.

"You can say both approach are con man job, like that better keep all your money with you and stay in a cave dont invest in anything."

Anyone that kena con before would hv heard this before. This is exactly what conmen say to stir the FOMO in victim. Because 2nd part of that statement is

"All investment got risk one mar. This time bad luck. Lai, I sell another low risk high return tahi lembu".

U tell me, which conmen don't use this two line? =D

People come do investment, they will ask very simple question. How do I make money or benefit from my investment.

I really don't know how a company making billions in revenue doesn't translate into PAT. So what even if it's goes up to RM10B if the PAT doesn't grow proportionally?

And if it's not reported as PAT, how will any investors ever benefit from such practice? Do share genius. If you have been holding for past 10 years, how did you benefited from this kinda business practice? Big revenue, no PAT, no dividend. How? A bunch of RI, PP and ESOS got la. Dunno run what business one.

Those that benefit you, I havent see one yet. With PAT, at least balance sheet is stronger. Every ticket worth more. With sales, revenue and EBITDA, what can it do for you?

If you have been holding KNM for past 10 years, all that KNM has given you is a hope that you can recover your losses. All that KNM has offered is MAYBE they can unlock Borsig potential after 13 years. So, don't expect anyone share similar interest. =P

New income stream for serba. Part of serba's asset growth strategy is to keep suing auditors. =D

Auditor is to find out if you are full of sh*t. And if you are full of sh*t, your job is to hide your pile of sh*t.

Like this where to find auditor that has no conflict of interest?
---------------------------------------------------------------------------
Stockisnotfun Nexia will resign or not. Not sure. Depends their audit result. Good no sue. No good sue until u kao kao and automatically resign.

At this case, kpmg and serbadk both forcefully resign due to conflict self interest. No need whatever EGM la. They don't care what shareholders think. They help u replace the auditor themselves.

Just now who say drag longer is better. Ya is definitely better because they can try on many auditor.
10/11/2021 7:00 PM

I ok one. My investing principle is very simple. Make RM50K or RM5 also nvm. I shiok sendiri nvm.
It's whole better then having a -RM50K in the portfolio. How's the eye sore?

If my 19sen can lose money, then ur eye sore gonna be worse...but if you make money, then in % i'm gonna make whole lot more than you.

So what is it gonna be? Me everything I steady one...As long as I say I enter and exit at what price, I can give screenshot. I won't call people kid and beat around the bush.

Can you? Don't be THE kid that beat around the bush telling ppl how big ur d*ck without showing anything.

So what about you? Nothing to show or too small to show? =D

---------------------------------------------------------------------------
coolinvestor yoyo make few k like damn shiok sendiri ka....hehe

gosh ok. bye bye small kids.
10/11/2021 11:46 AM

I trust tunku will do something also. It's just buy selling and buying back again. I make extra 4K for 200K shares in 2 days only ma. =P

https://imgur.com/gallery/uJWWJFx

--------------------------------------------------------------------------
Wealth tried to buy at 19c more...but cant.

so i have settled for 19.5c

those who bragged about buying at 20c n selling at 21.5c...i have no comment for you lot.

good luck

i trust my money with tunku

This counter heavily operated. Won't go down lot. Won't go up alot also.

What u can do here is...pick up when they selldown, and don't forget to sell when they push.

nedgeon...u and me better talk about how KNM can move forward.

Picking on the past. There are 999 things that I can pick on and why price can tank from RM8 to 20sen. Better sometime talk about how Tunku can turn things around.

I look forward to see RM50mil or RM75 mil PAT. Things will immediately look very bright.

if there is no plan to report such profit, then ur EBITDA here, Sales there are nothing else but scam la bro.

U know a typical conmen do. Ask investor to invest in the business. Makes alot of sales. Comeback tell investor EBITDA is high. But sorry, there is no money to pay investor. When ppl ask where the money go. Conmen give answer like "like that better keep all your money with you and stay in a cave dont invest in anything."

Now in your words, RM1Billion in sales. No profit. Nothing to pay investor. Tell me where is the difference? Lai...u pandai. You tell me.

The way u answer things now like conmen being exposed.

Okla. I take back the part you are not st#pid. You are indeed st*pid. U do business to see Revenue, to see EBITDA but not profit is it?

Here's how u gonna beat around the bush. "Aiyaaaaa, report less profit to pay less tax. Better put the EBITDA elsewhere. After ITDA, nothing left". Isn't that exactly what conmen do? Take ur money and put it in someone else pocket except yours.

I find it amusing you deliberately leave my below statement out.

When you hear people that uses EBITDA to make case "either they try to con you or they con themselves to a great degree".

This is very true. Bcos, whoever scamming you don't want to pay tax. Don't want to pay you. But to convince you business is doing well, they use EBITDA. And they tell you PAT is not important. Why? Because they don't hv to pay tax, they don't have to pay you or any investor.

That's on top of nobody knows if the EBITDA that nedgeon has been bragging aren't dressed up in the first place. The only way to know if the EBITDA is real at all is when it's converted to PAT. Why this nedgeon refuse to acknowledge. Back to this question "either they try to con you or they con themselves to a great degree".

At first u try to con people and stuck high. Now you got lost in ur own con. =D
Ur argument hinges on EBITDA (which legends called it's a scam tactic) where a bunch of ITDA that nobody knows where the money goes.

My argument is simple WHERE IS THE MONEYYYYY? =D
-----------------------------------------------------------------

That was exactly what I said in the past, including to you, that P&L is not important, You want profit, you can get profit, you want loss you can get loss. I already said many times, most important thing is Sales... from the sales you can decide what your EBITDA will become.

Don't u dare say FIXED to mislead people. Still big bunch of EBITDA not reflected as PAT.
At best you can say is good enough to not drown in losses. But definitely cannot say it's fixed.

Only time u can say it's fixed is when EBITDA translated to PAT.

Listen to the comment on EBITDA on legend himself.

https://www.youtube.com/watch?v=a2jSy21OLEA

When you hear people that uses EBITDA to make case "either they try to con you or they con themselves to a great degree". For nedgeon, he is more like he is conned by himself from his own foolishness.
----------------------------------------------------------------------------------
Anyway those are over and done with. Now is new beginning, massive potential ahead with BORSIG because they are no longer burdened by KNM loss making units because they are mostly fixed already, "sick mother" is already cured. BORSIG is now free, can now go all out anytime now...

ahahaha...I rather buy company that makes money to pay tax than st#pid company that struggling to report a green quarter. That's common sense. No need become smartest.

But to make money from a company that struggle to report profit because it's "sick mother" is quite smart la. =P

-------------------------------------------------------------------------

Woodswater https://www.enanyang.my/node/440916

都有250 间上市公司等死啰 !

Yeah. I want to read. Share link so that i can read the same report.
But then dunno why u beat around the bush. Why? The report got more ugly stuff is it?

___________________________________
Cant you read ? They are profits from Europe Segment, not from other local units... You do not believe, so show you from the Annual report as proof. Europe Segment only have BORSIG and FBM Hudson. Is this the first time you ever read an Annual Report ? how come you seems like surprised with what I showed you ? I suggest you continue reading.

Where did the profit go ? still cant figure it out ? the profits from BORSIG is put together with the losses from other segments, What do you get? of cos you get reduced overall profits. This s a primary school mathematics.

Queue 19.5sen and 20sen. Matched 20sen. Now 20sen entry set gtd 21.5sen.

Lucky i sold 21sen and 21.5sen for my 19.5sen and 20.5sen entry.

Now my 22sen entry is reduced by 1.5sen. Short term selldown hv to buy…short term bounce hv to sell. Do this 25 times my knm shares are free. Then i can wait as long as nedgeon.

Obvious evidence. KNM tank from RM9 to 20sen . For god knows why.

On the other hand, 2006-2008...20sen all the way up to RM9. Maybe nedgeon came from that era hoping for KNM to return to it's glory day of RM9 in 2008. Just imagine he buys at RM9 to see KNM drop to 20sen. Must be very painful for him.

Use abit common sense la...

You have a bunch of profit which doesn't appear in any part of the balance sheet. Now, u don't smell something fishy. Who is the noob here? Who?

All company that runs honest business will hv equity growth with that kinda profit EXCEPT hanky panky company. Always use EBITDA to show profit. But nothing ends up in form equity nor EPS. U very clever. In misleading people la.

Guys, until u see strong equity growth in KNM, better stay away. Cos, nobody seems to know where did all the big RM100M++ EBITDA. Dunno why RM183M EBITDA difficult to report RM20-30m profit. Then u do business for what? Pay ITDA is it? Clever. Very clever. =P

===========================================
"This segment recorded a higher gross profit of approximately RM254.82 million and an EBITDA of approximately RM183.13 million in FY2019 as compared with RM238.07 million
and RM115.53 million respectively in FY2018, mainly attributed to lower operating costs.

is RM155.04 million in FY 2020 more than RM100 million ?
is RM183.12 million in FY 2019 more than RM100 million ?
is RM115.53 million in FY 2018 more than RM100 million ?

Gimme the link to ur bursa report la. I see together with you.

Why? Scared I find out again a bunch of stuff that you fabricate or misinterpret is it?

Referring to theedgemarket report, now can you at least admit that the RM100m pre-tax profit was from 2008 prior to oil price crash? It's not 2018 or 2020. It's 2008.

Just say yes. Very simple. Don't beat around the bush. Then we move on to the next topic.

===================================================
nedgeon RJ87, what nonsense are you talking about... it was not me saying BORSIG make RM100 million annually, it was your favorite theedgemarkets cleary said it, I just use that as a reference.

Here’s how you see ppl chickening out from their position.

“Lets go and see the annual reports with our own eyes and forget about theedgemarkets said... lets start with the latest...”

Earlier he wants to reference theedgemarket. Now he doesn’t.

Share the link. I go hv a look. Just in case, somebody sees thing with their knee can came back wrong interpretation again. =D

IN 2008 PRIOR TO THE OIL CRASH, it was pre-tax Rm100m annually.

Which part of “prior to the oil crash” you dont understand?

Even theedge hv to put there big big so that tak kena sue for misleading people. But this bonggok deliberately use RM100m annually forever.

wah ular. Please explain how you change FD? Last time deposit RM5. Now drop to RM2.3. So ular got special deal can convert RM5 deposit to RM2.3 deposit is it? U tell me which bank. I also want to change. But I don’t want change RM5 to RM2.3 la. I want to change RM2.3 to RM10 can? ahahhahahahhahha

Suka2 tukar die je. Apa jadi dengan RM5? Apa jadi dengan RM3.5?
==========================================
UlarSawa Renewing FD at higher interest pun tak faham kah. Ular only left 2 FD leh. Still dont understand lagi Ular can only say you all with Otak Cacing Jus lah. Simple Ingeris pun dont inderstand kah. Keep Renewing FD with higher interest rate meaning keep changing FD not keep adding FD lah. Takda baca buku punya kah. IQ very low one kah. Below 100 kah. Lagi tak faham Ular pun dunno how to explain lagi lah. Mana ada orang kira FD interest rate base on dividend only lah. FD interest rate base on how much you earn from capital gain plus dividend payout if ada mah. Faham kah. Why otak cannot think out of box kah. Die die cakap the moon is round one kah. Moon is Square one cannot kah. No wonder Otak cacing jus one lah. Correct?

The only one here beating around the bush is YOU who refuse to admit that RM100m pre tax is from 2008. And after 10 years, 2018, KNM as a whole accumulated RM800m losses. Yet, you deliberately ignore the 2008 PRIOR TO OIL PRICE CRASH.

Have some common sense la. Don't talk as if Borsig just appeared yesterday that everyone wants to hide. It has been there since 2008. Friggin 13 years la dude. And it has bled KNM for as long.

Media not talking about it's because such a big embarrassment for Malaysian corporation to have made such a bad investment. Only this Mr. Common Sense air it all over the place as bragging rights.

Now, let's see if Mr. Common Sense here has any common sense. After acquiring Borsig in 2008, for past 10 years, KNM share price goes up or down? And if it's not going up, does it not cross ur mind that Borsig ain't as good as you think? No? Not one bit.

Then maybe this Mr. Common Sense here doesn't hv much common sense. He is more like Mr. Full of SH#T.

The last part I agree. Maybe MAA has the balls to tell Borsig to reduce operational expenses. By the time operational expense improves, the price will jump. Like I say, nvr too late to buy then. That's the reason I take a small position for KIV.

Until then, nedgeon is Borsig b#tch. Everytime Borsig ask for money, nedgeon pay. If you don't wanna be anybody's b#tch, stay away. Wait when RJ87 gives greenlight that Tunku actually manages to do something to turn things around.

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nedgeon : This fellow is still beating around the bush. Fact is still the same... it is all about BORSIG. if there is no BORSIG inside KNM, I doubt MAA will even want to buy 1 share in KNM. The Melewar group have so many engineers in their group of companies, they specifically put a German Engineer into KNM board, that is a clear sign that they knew about BORSIG and its German Engineering inside KNM and I am very sure that is what they are going after.

Let me tell you where you see things with ur knee...and think with your arse...
The rest le of the tahi lembu, fungus grown out from the tahi lembu.

Borsig — which was acquired for €350 million or RM1.67 billion IN 2008, PRIOR TO OIL PRICE CRASH — generates pre-tax profit of around RM100 million annually.

Answer this simple question. The RM100m annually is from 2008 or it's now? If you can't answer this simple question. There is no need to talk anything else. Maybe both your eye and brain grow in ur arse if you can't admit such a simple mistake that here is no RM100m anymore la. Which leads me to believe that you are INTENTIONALLY MISLEADING.

If it's the prior, then u know u made wrong decision because if you misunderstood simple English. Else, you get urself someone on the other side. It's true that you are full of SH#T. Deliberately lie and mislead.

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nedgeon, pre-tax profit RM100 million annually... did you see that ? or you just cover your eyes to avoid looking at it and block your brain from functioning.

Ular punya FD RM5 rugi RM2.7. FD RM3.5 rugi RM1.20. FD RM2.30 mau rugi brp?

Ini FD apa ni? FD means RM5 = RM5. Won't become RM2.30 one la bonggok.


UlarSawa Ular rileks tunggu to renew FD at higher interest rate only leh. Work hard kah. In order to get higher the interest rate need to work so hard kah. Pakai otak lah. Ular lepaking and sharing only lah. Correct?

Hv to see objectively. This is also why i'm here to see if Tunku can do anything. If there are positive change in KNM's book. Then market will hv 2-3 quarters lag time to realize them. Buy when things actually change also not late. No rush to take position.

Some ppl keep saying change for the better for the better for past 10 years. No harm waiting few more years. *wink. hahahahhaha
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Wealth honestly, I trust my money and knm shares in the hands of MAA boss tunku yaakob.

businessmen will always find ways to do business...and thats why they will always be rich and successful.

If u plan to hold long. From 2008 to 2018, u would hv lost 80-90% by now. Think again if KNM is a counter to hold for long. If you wanna go long, always choose dividend paying counter. At least while u wait, get dividend.

Oh wait? KNM has no money to pay dividend. They spend all the money to pay Borsig TOP German engineer. No money to pay sh#t. =D

I sold my 19.5sen position at 21.5sen. Now queuing back 19.5sen and 20sen.

Volatility will increase in next 3 weeks. There will be days market oversold and overbought. I'm here to exploit the volatility.

Use abit of brain la. Borsig was acquired in 2008. It's almost 14 years having Borsig "unlock" it's potential. What we see so far is price slide from RM3 to now 20sen. And you still say Borsig is the crown jewel. I don't know how good is borsig. I only know with borsig wiped of 90% of KNM's market cap last 10 years. I don't foresee next 10 years will do any better.

From this kinda drop, it's more like Borsig is a curse. So bad that I can't tell if nedgeon is being sarcastic that Borsig is the crown jewel of KNM. Ahahhahhaa