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2019-10-23 10:19 | Report Abuse
Recovered 10% today.
Was a concerted effort by the entity with huge funds coupled with the availability of short selling. SOLD HIGH buy low.
Was RM0.50 from RM0.48, many had preferred it will appreciated further..then RM0.48...then downed until RM0.365 BUT closed at RM0.40 only.
I almost got to sell at RM0.43 to make a sen (entered RM0.42) but failed .. held paper lost and safely sold just now.
BUT ask them to try short sell GP WRT 0082, at RM0.325 got more than a thousand buying tickets...all the while guarded jealously from RM0.20 (as i noticed), selling RM0.33 now. IF stay put with your investment since a month ago, made 30% already.
2019-10-23 09:01 | Report Abuse
RM0.33
2019-10-18 14:21 | Report Abuse
What Sardine has repeated numerous times were not without unsubstantiated facts. KNM has business units located in overseas that were acquired from overseas. So, their businesses are basically internationalized. Meaning KNM can win contracts from across the borders of Malaysia times and again. This is awesome. I mean fantastic lah.
2019-10-18 14:04 | Report Abuse
Purchase Order from Petrofac Emirates LLC amounting to RM51.480 Mil (USD12.31 Mil) accepted by KNM. Such news can excite the market and serves as the catalyst to increase the value of KNM.
In those day, the good news were disseminated at least on the mid day of Friday before closing instead of the coming Monday. Many times, the news have caused "limit up" for the shares before the closing on Friday.
2019-10-18 10:02 | Report Abuse
True. Hold as long as you can. Do not distracted. The expiry date is Nov 2023, long time. Better than the fixed deposit. You will be glad.
2019-10-17 20:17 | Report Abuse
There is always the phobia that the price will be reduced upon due date for contra trades. You saw 200 mil units transacted and now your knees are jerking come T+3. What if the 200 mil shares actually captured from only the same 40 mil units which moving among the hands of the buyers and sellers from morning until closing. You only to deal with the 40 mil unit only, both contra and settlement tickets. IF today, it holds the price, chances it will move ahead from now.
People are sceptical and saying "don't chase high, force selling T2..T3. Tomorrow may cost RM0.46 already.
2019-10-17 19:01 | Report Abuse
24 mil shares, can buy fast before it take off, Director and wife acquired 1 mil each...
2019-10-17 18:29 | Report Abuse
Yes. Your cost will be RM0.45 for one ordinary share. Basically, your rights are booked and you have until the expiry date to convert the warrants unless you wanted to realise your profits by selling the warrants.
2019-10-17 13:41 | Report Abuse
Mr 7257 had said "see you at RM0.25" , now RM0.32 already. He was never so serious before. I think He had made a lot already. When I entered at RM0.205 , I was in a state of disbelief because his comment reminded me there will be 20% appreciation. Believe it or not, it is RM0.32 now. I said before when the mother is RM0.73 , the warrant should be RM0.33 only.
I did say "close your eyes and buy" then. No need to be highly critical. Many times being smart is a hindrance in making money.
2019-10-17 11:39 | Report Abuse
Not. Even the Warrant turned RM0.41 , it won't convert automatically but no one will covert if the Ordinary Share is below RM0.80 (Wb RM0.40 + Cov Price RM0.40).
2019-10-16 15:10 | Report Abuse
Almost can't suppress the price because the effect of G3 appreciation somehow will spill over to GP...
2019-10-16 08:52 | Report Abuse
For long term, OS is better.
For example,
if a Warrant RM0.30
(conv price RM1.00)
OS (RM1.20)
No person will exercise the conversion.
You can make profit of RM0.10 if the Warrant did become RM0.40 even the OS still at RM1.20 only. The time was when the expiry could be far away.
BUT when nearing the expiry, the Warrant will somehow be transacted from RM0.40 or RM0.50 to RM0.20 only within that limited time so be same as the OS price of RM1.20 which may have remained the same for along while.
You need to monitor the Warrant closer.
2019-10-15 21:46 | Report Abuse
James said Dayang on the "high side", on the time about Gpacket, see now Dayang ?
2019-10-15 21:32 | Report Abuse
Yes, Sardine. Read his comments, then knew more about KNM. Thanks.
2019-10-15 21:16 | Report Abuse
YES, if that can happen, the Warrants will become very valuable because by next 5 years the value of the OS may become RM10.00 a unit.
BUT the recent warrants that were wasted are from MRCB, EFORCE? I maybe wrong.
AND the other risky warrants are, for example, like DSONIC and Perak Transit where the conv price are even higher that the OS price. This is especially when the expiry date is approaching.
BUT i really hope KNM OS can hit above RM1.00 and beyond by APRIL next year. Why no hope? I can make profits aplenty.
2019-10-15 20:53 | Report Abuse
For example, Eduspec gave Warrants for free to the shareholders and the Exercise price is 5 sen so can convert to a ordinary share.
Why 5 sen? Likely the current price of the OS was 5 sen each then. It is free for the receivers/existing shareholders and it doesn't dilute the value of the existing shares issued whenever any conversion to OS that could take place even immediately. Every shareholder benefitted.
Just like KNM, presumably the Warrants were given to the shareholders then when the mv of the OS was a Ringgit. Immediately From that moment, if the value of the OS have turned to RM1.05 , you may have found the market opened with buyer offering 5 sen and above for each Warrant in KNM.
I can invest in KNM firstly at lower price (5 sen) via a Warrant with the understanding that I have another RM1.00 to forward to the Company before the expiry date and it is just like another person who had purchased the OS instantly at RM1.05 only.
SO, pending the expiry and estimated that the price of the OS should go to RM1.30 by tomorrow, the Warrant can become RM0.30 each. The profit is RM0.25. The profit is same like for the person who invested directly into the OS. BUT in the real world, the price of the warrant may increase until say RM0.60 when the speculation stated that the OS can become RM1.60 come the expiry date.
CAN WE EXTEND THE EXPIRY DATE OF THE WARRANTS?
It is not impossible BUT there is a need to amend the conversion price from RM1.00 to RM0.45 and being forced to zeroize the value of the warrant.
2019-10-15 17:36 | Report Abuse
The question that still hanging in the air is "will it reach RM1.00 by 21 APRIL 2020?".
The expiry date of the WB will serve as a Finish line for the Mother share. IF the OS can not fetch a RM by then, the WB will be considered wasted.
This question not only can affect the major interested parties but as well as the small retailers.
Nevertheless, many should believe that the interested parties are well aware of this important point and work harder to achieve the price of exceeding RM1.00 by 21 APR 2020, otherwise the WB conversion price of RM1.00 will be meaningless until the end.
Buy and keep. Another RM0.50 is doubling the value.
2019-10-15 17:16 | Report Abuse
The book closed for Q 30SEPT if made profit means got 2 consecutive Qs making profit..
Made RM7.5 mil for Q30June2019 , making more profit for Q30SEPT2019?
The catalyst to excite the volume of shares changing hands amongst the people..and appreciation in value.
2019-10-15 16:53 | Report Abuse
G3 now RM3.51 , GP has 32% X 415mil shares issued G3 X RM3.51 = RM466mil value.
2019-10-14 15:04 | Report Abuse
WB asking for RM0.35 only so far...
2019-10-14 10:03 | Report Abuse
Don't get me wrong, I did pick the wrong one at times.
2019-10-14 10:00 | Report Abuse
Few others are also good..Dayang, OPCOM , Uzma JUST pick one correctly and it shall be fruitful in your venture.
Just like invest in real estate, propertied, the profits can be just nearby your existing house instead of buying your investment unit far away...
2019-10-14 09:55 | Report Abuse
IF G3 keep going up..what will happen to GP, GP itself is improving.
IF the mother is RM0.75 , the son shall be RM0.35 arguably.
The son at RM0.30 (33 mil units this morning) almost finished taken up.. bought at RM0.21 , handsome profits.
Each one of us need this type of "juncture" , son is under value, mother got good potential and got 32% in G3.
2019-10-14 09:29 | Report Abuse
Coming..
2019-10-11 22:31 | Report Abuse
People converting the Warrants to Ordinary Shares daily. Why?
Seldom seen when considering that the expiry date is 50 months to come.
It is cheaper to obtain the OS because the price of the Warrants are sourced with discounts.
2019-10-11 12:30 | Report Abuse
This goodness can lead to ...
While I get that sandwich while you are starving?
Is not that I believe that feeding the hungry is a good thing to do. Is not a great thing to do.
BUT how can I eat when you are hungry? That's goodness of heart. You feel the other person's need more than yourself.
Because you may being selfish. You are not in touch with the goodness of your heart. You somehow caught up with your need and your importance, your opinion and you need to win.
YES, i have got what to eat when everybody else is hungry bcos I am great, cos I am better, smarter, cos i deserve it...that may not be the nature of your heart, need to dig deeper if that's the nature of your heart?
2019-10-11 12:07 | Report Abuse
Goodness means you matter to me more than i matter to myself. In practical term means I am not comfortable having what to eat if you don't have what to eat.
How do you know if somebody is good? Good person or good heart, how do you know?
Usually we judge it by their behaviour. A person who give a lot of charity, a person who give you a place to stay (hospitality) and a person is there when you needed help. That is their behaviour.
What makes that person good? That he is willing to do good things?
Not quite.
There are very nasty people who are doing good things. It does not make them good. Of course they will be rewarded for what they have done BUT nobody will say they are good people.
2019-10-10 22:56 | Report Abuse
The interested parties do have the tendency to influence the share price and volume.
We studied about Demand & Supply and Price mechanism.
They do not trap you when we entering at a certain price that could cause your sky to fall down without stern warning, hence the global price meltdown should entail leaving many with a well taught lesson paid dearly by the respective carelessness.
Each one is the willing buyer or seller.
2019-10-10 22:17 | Report Abuse
Speculation is good.
Is not exactly that those guys who paid the highest (RM0.965) today will be the losers for sure.
Less than a year ago, you paid the highest price for some grams of Gold on a certain day. Are you a loser now? No! Now, the same Gold fetches above RM200 a gram when selling at Maybank MGIA.
Speculation is healthy for the market whether in the housing market or share market.
One can say that numerous counters were indicated but were not attractive enough because there were too few buyers and sellers each day and the meager volume of daily transaction reported.
With the presence of speculation, speculators would enter the market to excite the market which will affect the price and volume.
2019-10-10 11:43 | Report Abuse
Uncle should have kept Jaks. He got 3 counters only. All doing well. The production plants are up already. I bought yesterday, some.
2019-10-10 11:37 | Report Abuse
lily, should buy Jaks, even yesterday,
2019-10-10 09:50 | Report Abuse
Should be RM0.33 ? U Look at Jaks, DSonic or KNM, Perak Transit. Is either overpriced or negative value theoretically.
2019-10-08 10:11 | Report Abuse
The optimism Pill is gratitude.
Every morning, write down 5 things that you are grateful of..your family, your health,...never mind if it is same on the next day.
Trust me, your life will be transformed.
2019-10-08 09:54 | Report Abuse
how to withstand? RM0.29 8mil units, RM0.295 18mil , RM0.30 14mil only...give it RM0.30 b4 5pm
You need about 25 buses to fetch all those buyers..
2019-10-08 09:14 | Report Abuse
Via the Warrants is cheaper to increase the participation..
2019-10-07 18:40 | Report Abuse
KYY agreed with SMF but not kcchongnz.
2019-10-04 20:27 | Report Abuse
The Spore Fund got said, markets in the Region, Asean.
2019-10-04 14:33 | Report Abuse
Yes.
Usually Funds will buy and keep some reserve to support the price level..it will unprofitable to masuk and let the few tengah masak retailers going to screw the price.
Stock: [GPACKET]: GREEN PACKET BHD
2019-10-24 10:07 | Report Abuse
Guarded jealously since RM0.20 ( I noticed ), nobody can short/sabotage, now RM0.33. When the mother was RM0.73 , the child already RM0.33 in yourmind already, now you believed? Buy fast, tomorrow can be RM0.34 and Never before daily got people conv the Warrants to Ordinary Shares. Phenomena.