Wow! EDARAN just posted Q2 with BIGGEST NET LOSS in history!

Sardin81,

BORSIG is worth nothing if KNM continue to post NET LOSS quarterly

(KNM posted 5 consecutive quarters with NET LOSS before posting a small profit in Q1 2019)

Based on share price movement lately, KNM VERY LIKELY TO POST BAD Q2 in next few days...

Bojed,

Based on what you just comment, I can't help but wonder if KNM will also fall into Megasale Price if KNM posted Q2 NET LOSS in coming days...

What say you?

Sardin81,

FYI, manipulation of financial results is a SERIOUS VIOLATION of Financial Regulation. BOSS & Directors will be fined heavily and possibly go to jail

As for BORSIG, its worth nothing if KNM continue to post NET LOSS quarterly

(KNM posted 5 consecutive quarters with NET LOSS before posting a small profit in Q1 2019)

Just listed not long ago & Q2 net profit (2.2mil) almost halved of Q1 net profit (4.2mil). BAD!

PERDANA

Q1 - Net Loss = 32.9Mil
Q2 - Net Loss = 5.4Mil

BACK-TO-BACK NET LOSS! BAD!

DAYANG

Q1- Net Loss = 17.1mil
Q2 - Net Loss?

BACK-TO-BACK NET LOSS LIKE PERDANA?

Right Issue coming.(By end 2019) Another NEGATIVE catalyst!

Bina Puri & Icon announce Right Issue recently and their share price PLUNGE about 30% after announcement.

DAYANG ALSO LIKELY TO PLUNGE ABOUT 30% AFTER RIGHT ISSUE ANNOUNCEMENT.

Q1 - Net Loss = 32.9Mil
Q2 - Net Loss = 5.4Mil

BACK-TO-BACK NET LOSS! BAD!

Right Issue coming.(By end 2019) Another NEGATIVE catalyst!

Bina Puri & Icon announce Right Issue recently and their share price PLUNGE about 30% after announcement.

PERDANA ALSO LIKELY TO PLUNGE ABOUT 30% AFTER RIGHT ISSUE ANNOUNCEMENT.

Wow! Q2 Net Loss is first net loss since Sep 2016. BAD!

Similar case like Ucrest. After announce Q2 Net Loss in early August, drop not much, only 2 to 3 sen from 24 sen. Later slowly drop and still dropping until today. Now, Ucrest share price is 13.5 sen!

MYEG IS LIKELY TO POST GOOD Q2 RESULT IN COMING DAYS

BINA PURI & ICON have recently announce Right Issue & their
SHARE PRICE PLUNGE in the region of 30%.

I suspect PERDANA share price will also PLUNGE about 30% once they announce the Right Issue...

BINA PURI & ICON have recently announce Right Issue & their
SHARE PRICE PLUNGE in the region of 30%.

I suspect DAYANG share price will also PLUNGE about 30% once they announce the Right Issue...

BACK-TO-BACK QR NET LOSS!

Q2 NET LOSS BIGGER COMPARE TO Q1 NET LOSS!

BASED ON TEOSENG PRICE MOVEMENT EARLY THIS MORNING, LOOKS LIKE KYY IS SUPPORTING THE SHARE PRICE TO SAVE FACE.

LETS SEE HOW LONG HE CAN SUPPORT THE SHARE PRICE

LETS SEE IF KYY WILL WRITE ABOUT TEOSENG IN HIS BLOG EXPLAINING THE Q2 DROPPED 70% QOQ AND WHAT ACTION ON HIS HOLDING POSITION NOW THAT HIS GOLDEN RULE OF PROFIT GROWTH HAS BEEN BROKEN

HIS PREVIOUS ARTICLE ON TEOSENG STRONGLY BIAS SUPPORTING AS FOLLOWS:

(1) TEOSENG : WHY SO MANY PEOPLE EAT EGGS? ON 14/7/2019
(2) TEOSENG : NOTHING WRONG ON 20/7/2019

WE ARE LOOKING FORWARD TO READING KYY REPLY

DAYANG LIKELY TO POST BAD Q2 IN COMING DAYS JUST LIKE TEOSENG POSTED BAD Q2 LAST FRIDAY AFTER MARKET CLOSED...

BIG DROP IN NET PROFIT FOR Q2, DROP 77% QOQ

THIS BROKEN KYY GOLDEN RULE OF PROFIT GROWTH

GUESS KYY WILL BE SELLING HARD FROM TOMORROW ONWARDS IF HE FOLLOW HIS OWN GOLDEN RULE...

Breaking News from CNBC

"Oil prices plunge further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand, sets new seven-month low on trade tensions."

"Brent crude futures were down 3.56%, at $56.84 a barrel, setting a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures were down 3.8%, at $51.57."

"Brent has plunged more than 10% over the past week after U.S. President Donald Trump said he would slap a 10% tariff on a further $300 billion in Chinese imports from Sept. 1, sending global equity markets into a tailspin."


BIG PRICE CORRECTION IN OIL & GAS STOCKS COMING VERY SOON AS OIL PRICE PLUNGE TOWARDS USD50/BARREL

Breaking News from CNBC

"Oil prices plunge further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand, sets new seven-month low on trade tensions."

"Brent crude futures were down 3.56%, at $56.84 a barrel, setting a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures were down 3.8%, at $51.57."

"Brent has plunged more than 10% over the past week after U.S. President Donald Trump said he would slap a 10% tariff on a further $300 billion in Chinese imports from Sept. 1, sending global equity markets into a tailspin."


BIG PRICE CORRECTION IN OIL & GAS STOCKS COMING VERY SOON AS OIL PRICE PLUNGE TOWARDS USD50/BARREL

Breaking News from CNBC

"Oil prices plunge further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand, sets new seven-month low on trade tensions."

"Brent crude futures were down 3.56%, at $56.84 a barrel, setting a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures were down 3.8%, at $51.57."

"Brent has plunged more than 10% over the past week after U.S. President Donald Trump said he would slap a 10% tariff on a further $300 billion in Chinese imports from Sept. 1, sending global equity markets into a tailspin."


BIG PRICE CORRECTION IN OIL & GAS STOCKS COMING VERY SOON AS OIL PRICE PLUNGE TOWARDS USD50/BARREL

Breaking News from CNBC

"Oil prices plunge further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand, sets new seven-month low on trade tensions."

"Brent crude futures were down 3.56%, at $56.84 a barrel, setting a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures were down 3.8%, at $51.57."

"Brent has plunged more than 10% over the past week after U.S. President Donald Trump said he would slap a 10% tariff on a further $300 billion in Chinese imports from Sept. 1, sending global equity markets into a tailspin."


BIG PRICE CORRECTION IN OIL & GAS STOCKS COMING VERY SOON AS OIL PRICE PLUNGE TOWARDS USD50/BARREL

Breaking News from CNBC

"Oil prices plunge further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand, sets new seven-month low on trade tensions."

"Brent crude futures were down 3.56%, at $56.84 a barrel, setting a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures were down 3.8%, at $51.57."

"Brent has plunged more than 10% over the past week after U.S. President Donald Trump said he would slap a 10% tariff on a further $300 billion in Chinese imports from Sept. 1, sending global equity markets into a tailspin."


BIG PRICE CORRECTION IN OIL & GAS STOCKS COMING VERY SOON AS OIL PRICE PLUNGE TOWARDS USD50/BARREL

Breaking News from CNBC

"Oil prices plunge further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand, sets new seven-month low on trade tensions."

"Brent crude futures were down 3.56%, at $56.84 a barrel, setting a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures were down 3.8%, at $51.57."

"Brent has plunged more than 10% over the past week after U.S. President Donald Trump said he would slap a 10% tariff on a further $300 billion in Chinese imports from Sept. 1, sending global equity markets into a tailspin."


BIG PRICE CORRECTION IN OIL & GAS STOCKS COMING VERY SOON AS OIL PRICE PLUNGE TOWARDS USD50/BARREL

Breaking News from CNBC

"Oil prices plunge further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand, sets new seven-month low on trade tensions."

"Brent crude futures were down 3.56%, at $56.84 a barrel, setting a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures were down 3.8%, at $51.57."

"Brent has plunged more than 10% over the past week after U.S. President Donald Trump said he would slap a 10% tariff on a further $300 billion in Chinese imports from Sept. 1, sending global equity markets into a tailspin."


BIG PRICE CORRECTION IN OIL & GAS STOCKS COMING VERY SOON AS OIL PRICE PLUNGE TOWARDS USD50/BARREL

Breaking News from CNBC

"Oil prices plunge further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand, sets new seven-month low on trade tensions."

"Brent crude futures were down 3.56%, at $56.84 a barrel, setting a fresh seven-month low. Prices have lost more than 20% since hitting their 2019 peak in April. U.S. West Texas Intermediate (WTI) crude futures were down 3.8%, at $51.57."

"Brent has plunged more than 10% over the past week after U.S. President Donald Trump said he would slap a 10% tariff on a further $300 billion in Chinese imports from Sept. 1, sending global equity markets into a tailspin."


BIG PRICE CORRECTION IN OIL & GAS STOCKS COMING VERY SOON AS OIL PRICE PLUNGE TOWARDS USD50/BARREL

Breaking News from CNBC

"Brent crude futures were at $58.70 a barrel by 0039 GMT, down 24 cents, or 0.41%, from their previous settlement and trading near seven-month lows."

Breaking News from CNBC

"Brent crude futures were at $58.70 a barrel by 0039 GMT, down 24 cents, or 0.41%, from their previous settlement and trading near seven-month lows."

Breaking News from CNBC

"Brent crude futures were at $58.70 a barrel by 0039 GMT, down 24 cents, or 0.41%, from their previous settlement and trading near seven-month lows."

Breaking News from CNBC

"Brent crude futures were at $58.70 a barrel by 0039 GMT, down 24 cents, or 0.41%, from their previous settlement and trading near seven-month lows."

Breaking News from CNBC

"Brent crude futures were at $58.70 a barrel by 0039 GMT, down 24 cents, or 0.41%, from their previous settlement and trading near seven-month lows."

I WONDER WHAT WILL HAPPEN TO KNM SHARE PRICE WHEN THEY POST Q2 NET LOSS IN COMING DAYS...

Breaking News from Bloomberg

"Brent oil slid below $60 a barrel for a second day as investors weighed the prospects of a prolonged standoff between the U.S. and China, following the Trump administration’s labeling of the Asian nation as a currency manipulator."

"Brent crude prices are down about 8% this month as global economic worries eclipse the rising threat of supply disruptions in the Middle East."

MOVING FORWARD, WE ARE LOOKING AT LIKELY FULL BLOWN TRADE WAR COMBINE WITH CURRENCY WAR BETWEEN USA & CHINA! OIL PRICE WILL LIKELY CONTINUE TO PLUNGE FURTHER!

Breaking News from Bloomberg

"Brent oil slid below $60 a barrel for a second day as investors weighed the prospects of a prolonged standoff between the U.S. and China, following the Trump administration’s labeling of the Asian nation as a currency manipulator."

"Brent crude prices are down about 8% this month as global economic worries eclipse the rising threat of supply disruptions in the Middle East."

MOVING FORWARD, WE ARE LOOKING AT LIKELY FULL BLOWN TRADE WAR COMBINE WITH CURRENCY WAR BETWEEN USA & CHINA! OIL PRICE WILL LIKELY CONTINUE TO PLUNGE FURTHER!

Breaking News from Bloomberg

"Brent oil slid below $60 a barrel for a second day as investors weighed the prospects of a prolonged standoff between the U.S. and China, following the Trump administration’s labeling of the Asian nation as a currency manipulator."

"Brent crude prices are down about 8% this month as global economic worries eclipse the rising threat of supply disruptions in the Middle East."

MOVING FORWARD, WE ARE LOOKING AT LIKELY FULL BLOWN TRADE WAR COMBINE WITH CURRENCY WAR BETWEEN USA & CHINA! OIL PRICE WILL LIKELY CONTINUE TO PLUNGE FURTHER!

Breaking News from Bloomberg

"Brent oil slid below $60 a barrel for a second day as investors weighed the prospects of a prolonged standoff between the U.S. and China, following the Trump administration’s labeling of the Asian nation as a currency manipulator."

"Brent crude prices are down about 8% this month as global economic worries eclipse the rising threat of supply disruptions in the Middle East."

MOVING FORWARD, WE ARE LOOKING AT LIKELY FULL BLOWN TRADE WAR COMBINE WITH CURRENCY WAR BETWEEN USA & CHINA! OIL PRICE WILL LIKELY CONTINUE TO PLUNGE FURTHER!

Breaking News from Bloomberg

"Brent oil slid below $60 a barrel for a second day as investors weighed the prospects of a prolonged standoff between the U.S. and China, following the Trump administration’s labeling of the Asian nation as a currency manipulator."

"Brent crude prices are down about 8% this month as global economic worries eclipse the rising threat of supply disruptions in the Middle East."

MOVING FORWARD, WE ARE LOOKING AT LIKELY FULL BLOWN TRADE WAR COMBINE WITH CURRENCY WAR BETWEEN USA & CHINA! OIL PRICE WILL LIKELY CONTINUE TO PLUNGE FURTHER!

DAYANG LIKELY TO POST Q2 NET LOSS IN COMING DAYS

KNM LIKELY TO POST Q2 NET LOSS IN COMING DAYS

Sardin81,you always mentioned about BORSIG being so much value to KNM.

May I ask when was BORSIG acquired by KNM? (Which year? - I believe its long time ago, right?)

If BORSIG is that much valuable to KNM that can attract both value investors and also takeover investors, WHY ONLY KNM SHARE PRICE SHOOT UP LIKE CRAZY SINCE ABOUT 6 WEEKS AGO FROM 0.18 TO 0.44?

WHY KNM SHARE PRICE DIDN'T GO UP A LOT SINCE THEY ACQUIRED BORSIG LONG TIME AGO?

WHY KNM BEEN MAKING NET LOSS FOR THE WHOLE FINANCIAL 2018 & ONLY START MAKING SOME NET PROFIT IN 1Q2019, IF BORSIG IS SO GOOD?

Hi Sardin81, I posted this yesterday. Just give simple answer to all the questions above.

Still awaiting your valuable reply since you are the expert in KNM here...Thanks

Breaking News from The Edge

KUALA LUMPUR (July 31): Barakah Offshore Petroleum Bhd says it will not proceed with the proposed debt settlement schemes of both the group and its wholly-owned subsidiary PBJV Group Sdn Bhd following the recent suspension of PBJV's licence by Petroliam Nasional Bhd (Petronas).

"This has made it challenging for the group to implement the proposed schemes presented to the scheme creditors," the Practice Note 17 company said in a filing with Bursa Malaysia today.

LETS SEE TOMORROW CAN DROP TO 0.03

Sardin81,you always mentioned about BORSIG being so much value to KNM.

May I ask when was BORSIG acquired by KNM? (Which year? - I believe its long time ago, right?)

If BORSIG is that much valuable to KNM that can attract both value investors and also takeover investors, WHY ONLY KNM SHARE PRICE SHOOT UP LIKE CRAZY SINCE ABOUT 6 WEEKS AGO FROM 0.18 TO 0.44?

WHY KNM SHARE PRICE DIDN'T GO UP A LOT SINCE THEY ACQUIRED BORSIG LONG TIME AGO?

WHY KNM BEEN MAKING NET LOSS FOR THE WHOLE FINANCIAL 2018 & ONLY START MAKING SOME NET PROFIT IN 1Q2019, IF BORSIG IS SO GOOD?

WE AWAITS YOUR VALUABLE INPUT SARDIN81

STORIES HAS BEEN COOKED UP BY SOME SYNDICATE TO GORENG KNM SINCE 0.18 TO 0.44 ABOUT 6 WEEKS AGO.

NO HOSTILE TAKEOVER. STOP MAKING UP STORIES.

IF GOT HOSTILE TAKEOVER, MR LEE & MDM GAN WOULDN'T BE SELLING MILLIONS OF KNM SHARES ON 24 JULY 2019 & 25 JULY 2019.

BE WISE

MR LEE & MDM GAN SELLING HARD.

BIG CORRECTION COMING?

0.30 COMING THIS WEEK OR NEXT WEEK?

KYY is CLEARLY getting OLD & DESPERATE when he post this article "Dayang: How to Maximise Your Profit?" last Saturday. He mentioned that 90% of his holding is DAYANG.

He tabulated the EPS for the last 5 quarters (TOO SHORT DURATION - ASK ANY SEASON ANALYST) and said he expect the company to report increasing profit for the next 3 quarters thus complying with his golden rule for share selection.

1st Q 2019 EPS = - 0.43 sen (loss) monsoon

4th Q 2018 EPS = 10.13 sen

3rd Q 2018 EPS = 5.15 sen

2nd Q 2018 EPS = 4.03 sen

1st Q 2018 EPS = - 2.21 sen. (loss) monsoon

As a season investor, he should give a clearer picture on the possibility of profit forecast in the coming quarters by looking at least 2 years of EPS.

4th Q 2017 EPS = - 5.62 sen (Reason?)

3rd Q 2017 EPS = 0.12 sen

2nd Q 2017 EPS = - 5.12 sen (Reason?)

1st Q 2017 EPS = - 4.85 sen. (loss) monsoon


KYY

(1) IF only every 1st quarter DAYANG will post net loss due to monsoon,
please clarify for us WHY DAYANG posted NEGATIVE EPS FOR 4th Q 2017 & 2nd Q 2017?

Based on the above trend DAYANG can EITHER post 2nd Q 2019 NET PROFIT or NET LOSS.

(2) IF DAYANG POSTED a NET LOSS (NEGATIVE EPS) in 2nd Q 2019, will DAYANG STILL FOLLOW YOUR GOLDEN RULE AFTER POSTING BACK-TO-BACK NEGATIVE EPS? WILL YOU, KYY SELL, HOLD OR BUY DAYANG THEN?


KYY also clearly hightlight the positive catalyst and FORGET TO HIGHLIGHT THE NEAGATIVE CATALYST that DAYANG have such as HIGH DEBT LEVEL & PENDING RIGHT ISSUE EXERCISE (BY END 2019) which will result in share price dropping substantially.

One very similar case is SAPURA ENERGY.
JUST LIKE DAYANG, SAPURA ENERGY HAS

(1) HIGH BOOK ORDER
(2) IS BURDEN BY HIGH DEBT LEVEL & HAS DONE A RIGHT ISSUE AT 0.30

SINCE THE RIGHT ISSUE EXERCISE, SAPURA ENERGY IS TRADING RANGE BOUND AROUND 0.30

WE LOOK FORWARD FOR YOUR REPLY, KYY.

UMA FROM BURSA SOON...

EFORCE has gone up from 0.38 to 0.745 in the last 4 weeks.

There is no new contract announcement.

Why no UMA from Bursa?

Anyone knows the reason for EFORCE to have gone up so much recently?

GPACKET has been making NET LOSS for last 9 consecutive QR.

Yet GPACKET has gone up from 0.35 to 0.565 in the last 4 weeks.

Why no UMA from Bursa?

Anyone knows the reason for GPACKET to have gone up so much recently?

G3 has been making NET LOSS for last 7 consecutive QR.

Yet G3 has gone up from 1.40 to 2.47 in the last 4 weeks.

Why no UMA from Bursa?

Anyone knows the reason for G3 to have gone up so much recently?

KNM HAS GONE UP FOR TOO LONG & TOO MUCH RECENTLY.

IT HAS RUN WELL AHEAD OF ITS FUNDAMENTAL BASED ON ONLY FEW SMALL CONTRACT SECURED RECENTLY.

BIG CORRECTION IS LIKELY SOON...

Breaking News from CNBC

"Oil settled lower on Friday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in the Gulf of Mexico following last week’s hurricane in the region."

"U.S. West Texas Intermediate crude futures fell $1.48 — or 2.6% — to settle at $55.30. The U.S. benchmark dropped 1.5% in the previous session, and 3% on Wednesday."

"Brent crude futures fell $1.94, or more than 3%, at $61.72 a barrel by 2:36 p.m. ET. They fell 1% on Thursday, and 3% on Wednesday."

Its time for BIG CORRECTION for OIL & GAS STOCK