I waiting to collect some more at 0.255.

Hi guys, every now and than I take a look at KNM. Currently don't own any shares. Used to, fortunately made a small profit.

My concerns are as follows:
1) In calculating NTA, I like to take out the intangible and goodwill of almost 1.4 billion.
2) Still running with a negitive cash used in operations, last QR. Business can't cover operating expenditure.
3) Company loosing millions but directors still earning millions. No reduction in salary.
4) Major shareholder % holding drop. Lack of confidence?

Why I come here once in a while? I like:
1) Bio-ethanol in Thailand.
2) Waste to energy plant.
Just have to see the numbers turning around before consider going back in.

Sapura down today. Next quarter more write down. HEXZA not time to go back in yet. Wait for turn around. Make money elsewhere first.

LOL....OceanCrash.....Good one

xiaoxiami, good point. Q3 results will be good. Local buyers & Pharmacies will buy in August and load up stocks without SST. Than Q4 sales might be effected, unless export market can grow substantially.

Good point, on technical, resistance of RM0.265 has now become the support. Hopefully from here, will go up in the near future.

I was expecting it to set a new 52 week high. CIMB set target price at RM0.44. Hope it is due to the holidays and people will wake up on Monday. :(

Disappointed with this morning opening.

After today, cannot buy at RM0.26 anymore. My short term price target is RM0.305. Mid term RM0.36. Long term not yet calculate.

This stock can keep for long term. CIMB might increase the price target and advice their clients to buy.

Australia mortgage business must be bad.

Very good results. Strenght in the Malaysian operations. Herbs doing well and will continue to grow. China & Indonesia down a bit. Positive Net Cashflow from operations. Are they going to declare dividend twice this financial year?

Next AGM suggest to Board to consider giving bonus issue from the reserves. Increase free float.

their inventory in their book looks good. Give Sabah government some time to sort things out. In 3 months, supply should be ok. Time will tell.

Just buy only. Can easily make 10% next few days. Earlier this month William also buying.

Profit ok. Days reach high, good volume. When drop, low volume. To me, it indicates big money have been buying. Will know for sure very soon.

Talking to a friend who works at Proton. Next year in April, the new C-segment SUV going to start production. They have plans to upgrade current Saga, Persona & Iriz and introducing a B-segment SUV to compete with HRV. Sales of felts in Malaysia looks very promising in 2019 & beyond.

Well done, Jeremy_Chew. I will be happy if goes to RM2.00. I am long on this stock. Keeping for long-term dividend income.

Proton going into China. Demand for felt should be increasing.

Good results. Inventory levels have gone up significantly in the balance sheet, supply issue has been settled. Should go back to 1.7x level soon.

Company supporting price at 0.495. Current price very safe to go in. Down side limited, upside up 30~50%

After collecting 0.60 in dividends?

Yep, this stock must hold. Was thinking to add to my holding. News of Proton going to expand into China, if OCN prices is competitive, automotive supply could increase.

Agree with qqq3, positive effects of log ban will only be seen in 2nd half. I had averaged down my price & added at 1.01, afrer log ban was announced.. Hoping to go up to 1.76.

With herbs maturing, expansion plans to US & Europe, incresing sales from current markets, possibility of gaing to main board in the future.....looks good.

anyone have a target price?

kingcobra, what is your target price for OCNCASH?

Price down because of tariff imposed in the US for their products. If they can get this reversed, than share price will go back up again.

Please la....let me buy 0.40 from danny123, than I sell to you guys at 0.41 and 0.58. This way, danny will be happy, you guys will be happy to get at the price you willing to pay and I will be most happy. Deal? HaHaHa

danny123 i want to sell more, not much buyer...

I was waiting, but no one selling. Sell la.....be a man

danny123 How cheap u want to buy i sell to u, 0.40?can?

Can. Monday 1 will line up at 0.40. How many shares you have to sell? Make sure you throw all at one go. Got people line up above 0.40. At 0.40 I take all. Be a man and do it! I challange you.

Yes, sell to me cheap, cheap. Thank you.

New low today. Wonder when would be a good time to pick up a bit more???

Impact of Australia property market?

Sunny day deleted his earlier comments.....now feel stupid izzit? Be a man la. Stand by what you say. Don't be a pondan!!

This is where you are wrong. Go for the AGM and ask about the technology transfer/royalty fee that Proton need to pay Geely. They only own half of Proton.....give technology for free izzit? The Chinese not supid like you.

Trade with caution. Most important is how profitable will DRB be? The Boyue production plan is only 2,000 units per month. How much can 2,000 units help the bottom line? What is the technology transfer/royalty fee per unit that Proton will have to pay Geely? How much is left behind for DRB? How successful will a RM100k Proton branded Boyue be?

With 3rd national car, what restrictions, if any, will be placed to 1st & 2nd national car? Will there be R&D reimbursements for P1 or only for P3?

These are the questions need to be answered. Than we can predict how Proton will impact DRB share price.

I know how fast technology is evolving, not only in cars but in every sector.... you seem to think that only Geely has the advance technology, like I said earlier, I am not impressed with Geely's NVH ...if TM JV/rebadge with Suzuki....I think.Suzuki is.also updated with technology.

I never said I was interested or agree with a 3rd national car or in love with outdated turbo engine. All I said was 3rd national car coming and won"t be good for DRB's Proton.

I have ridden in Geely models in China. What makes you think they are so great? The NVH, noise, vibration and harshness, at speeds over 90+ km/hr is horrible.

How else to explain the short time table of 2 years to.come out with a car company.

Sunny day, please do some reading before commenting. Firstly, engine was developed with Mitsubishi, not Mashushita, and Proton rebadged Mitsubishi car for the initial model.

In 2004, Proton developed their own engine with their subsidiary, Lotus, the Campro. Later the engine was upgraded to IAFM, than CPS, than CFE Turbo engines (currently used in Exora and Preve) and finally they came up with the VVT engines that you find in the current models of Saga, Iriz & Persona. Ertiga is rebadge of Suzuki amd Perdana uses Honda previous generation platform and engine.

Talking about Suzuki, this is where I think the 3rd national car will come in. I am speculating here. When TM was Chairman of Proton, they signed a deal where Proton will rebadge Suzuki cars. Starting with Ertiga, their SUV was suppose to be next and a few sedan cars was to follow. Suzuki pulled out of the Malaysian market and their dealers converted to Proton dealers. Than TM was.kicked out by Najib and a deal.was signed with China Geely. To me, what a coincidence, when TM went to Japan, TM announced 3rd national car. Makes me think he owes a favor to Suzuki and I wouldn't be surprise if the 3rd national car would be a JV with Suzuki.

Sunny day, before you call people stupid, do some reading. Now you are looking like the biggest fool that walked on earth.

Even reported in Singapore paper:
https://www.straitstimes.com/asia/se-asia/malaysias-third-national-car-project-set-for-launch-in-2020-minister-says

https://www.thestar.com.my/news/nation/2018/08/04/third-national-car/

3rd National car coming in. Not good for DRB.

Australia housing market is on a downturn. This will effect Columbus profitability.

Auto industry in Malaysia experiencing a boom with the tax holiday. Record sales for June, July & August. This will improve sales and profit figures for these months.

USD up & Sabah banning log export which will help increase supply. Should be good for FLB

I don't have any shares right now in MCE. Would like to get feedback from the forum.