Master sifu YS1 - you deserve it - you've predickted very accurately the rise of KNM when not many believe you - some even make fun of you, some even ridicule you, some even think you're general agent but you've weather the toughest time the darkest moment where the sun does not shine for 24 hours deep insive the himaya mountain and you my man yes YOU have proven them and me all WRONG WRONG WRONG becoz not many LISTEN LISTEN LISTEN to you so you deserve to be called Master Sifu.

here's a clue :) what is the name of Scomies boss :) if that wan u also dunno and cannot connect the dot then I cannot help you haha
but there's a but here if you know the answer then I'll provide you the next clue, fair? :)

Posted by hagi > Feb 13, 2014 09:56 AM | Report Abuse
Scomies barely moves. Why??

becoz ayatollah dun know how to goreng must reduce par and learn from General :)

Posted by yungshen1 > Feb 12, 2014 07:39 AM | Report Abuse
my friend kchongnz , ooi , fransoweto, listen to me buy when price at 0.405.now can earn money ady.

Please forgive Mr kcchongnz he is still in CNY mood after having too much of mong2cha2 LOL,As for mr ooi he was too busy looking for frends to defend him against all the tikus and kuchings that is attacking him, well for me strictly on Dr warnings no more fatty goreng food so yes we all missed the opportunity to buy KNM and if I may I want to congratulate you on their behalf as you're indeed the true Master Sifu. They're only sifu but you're the chosen one from the God of investment. Himaya mountain is within your reach now. That is really going to be awsome :)

you know why u r awsome? becoz below
Posted by yungshen1 > Feb 12, 2014 11:23 AM | Report Abuse
not yet sell esdm. according to the chart strong buy and RSI is 92% . i predict knm can move to 1.000 in one month later. nothing support my thinking.

I dunno much about TA or charts but I think if not mistaken if RSI over 70 is overbought and I might be wrong but the best is you think it will reach 1.00 becoz 'nothing support your thinking' - now that sentence is pure talent right there - it's not something that any normal people can attain not even people like Kcchong whom me and many here regards as sifu - that nothing support your thinking when predicting a TP of 1.00- that there itself is very powerful - it's like you're the chosen one - the one that sets you apart from normal sifus - like IMMORTAL if you know what I mean :) That is why you're the MAster Sifu :)

These got me a bit confused especially when it comes on the same day- can you put it in layman writing?

Posted by yungshen1 > Feb 12, 2014 04:27 PM | Report Abuse
my TP is 2.000. if one day reach to 2.000. then i huat lo

Posted by yungshen1 > Feb 12, 2014 11:40 AM | Report Abuse
esdm 1.000 i cabut . run lo 88 see u knm

so which is which? izzit your TP based on the clearness of the weather - if there's no haze and wind your TP will be higher?

Posted by yungshen1 > Feb 12, 2014 11:42 AM | Report Abuse
i will listen to the master esdm and kchongnz invest in good blue chip stock
Dun worry about them la - you're the Master Sifu - they're juz ordinary sifu not until your level yet - if they're so smart why they didn't buy when you scream at them at .405 :)tell me now who is the one making the $$$$. Always remember nobody will remember the runner-up :)You're the KNM Master Sifu and becoz of YOU and YOU alone all the loyalist of KNM here makes big $$$ - even my good friend KC Loh (the original one )is now staying in Dubai holidaying with his entire family and relatives from the $$$ that General gave him becoz he listened to you and bought KNM at low 40s and me here that listened to my stupid Dr now typing long winded congratulations message for you :) Hoping someday you can take me to Tai Thong and feast on the caviars,shark fins, lobsters with your massive $$$$

Cheers :)

Rumor is that General is going to inject 2014GP into KNM that is why it is flying :)

I also think so but but the divvy keep coming every quarters so how :)

well done Master Yungshen1.great job

awsome :)

TIDORING as usual :( Next agm change name to MudaTIDOR

Posted by sookfun > Feb 7, 2014 06:04 PM | Report Abuse

Still can up?

haha this type of question you better ask ayatollah la - if he uses the cap helang one from yee lee of course the the fry can still go up :)

Very good posting Alphabeta :)

LOL KC you 'might' be wrong about the share price which by the way you have no control over unless you're an insider or a big shark but you're NEVER wrong about the analysis. This is bolihland and anything can BOLIH here especially with General.It's worth repeating here IF I have read your analysis earlier or zemoolah I would not have lost or even invested in this fantastic share in the first place But but it was a really good lesson for me.
You know initially I actually made $$$ in KNM when I bought in 2008 when the price was 40+ cents and sold all in 2009 when it hit.76 - made about 21K. Ah easy money then bought double,triple and kept buying and price kept dropping when General kept opening his mouth - big projects la,the par play la,privatize la and kept averaging down with many sleepless night even though I was actually sleeping on a Tempur Pedic and after learning about opportunity lost from teacher I sold every 7164 shares at a massive loss and start all over again - this time putting my hard earn money on fundamentally sound stocks and with plenty of MOS and thanks to last year bull market I've recovered all my losses and actually made some too and now my wife is complaining that I'm snoring nightly because I'm sleeping too damn deep :)

Here's an interesting quote from one in the thread -Posted by smallboy > Jan 30, 2014 12:12 AM | Report Abuse
Aiyaya Dj drop 100+ points .. Congrats! Only got 2 reason u all get angao... First is knm kena goreng (please pity to those who will suffer huge amount of loss later) second is knm worth that value!( what a joke!)

and another by
Posted by FreeThink > Jan 29, 2014 10:11 PM | Report Abuse

kc, share market is a place full of hope and dream...and a place full of corpse and dead body...hehe
it wont surprise if knm surge above rm1 and create few millionaires, after that plunge back to 30sen and create few dead body in the ground...hehe

yep Our bolihland market is special where we have many goreng sessions with these fabulous junks but we all know how eventually it will end up( or down haha ). of course there's a few companies who managed to come back from the brink of disaster and I'm not saying this one won't (though it's really hard to bet on it since like Esdm said history repeating itself ( by the way did you see how sarcastically flabbergasted he is in the KNM thread :) ) but I rather be putting my again hard earn $$$ somewhere else :)
My late dad gave me an advice when I was younger and one that I still apply now days - There's always a goat around - u just have to wait for it :) which is pretty similar to yours - There are so many suckers around, amazingly so many, so naive. When old suckers gone, new ones appear.
Meanwhile since I'm snowed in I'll be making mo mo cha cha for my dessert and also want to take this opportunity to Wish you a very Happy Gong Xi fa Cai to you and your family as well and as always appreciative of the many hours you spend giving us valuable advice and analysis :)

hehe KC charging up today almost 5% and with DJ now green looks to surpass .60 today and soon to 'your' target price of 1.50 and beyond :) but do you remember this forumer edsm that u had it back and forth sometime back? - very interesting comment coming from him since he was a loyalist and looks like he knows NOW -finally the 'horse' is dead LOL - the best is his last sentence in CAPS - HISTORY REPEATING ITSELF :) One of the very few who is getting wiser by the day if they really care to study the General :)



Posted by eSdM > Jan 28, 2014 05:22 PM | Report Abuse

3. RATIONALE FOR THE PROPOSALS

3.1. Proposed Par Value Reduction

As at 24 January 2014, being the market day prior to this announcement, the closing price of
KNM Share was RM0.565, which is at a discount of 43.5% to the existing par value of RM1.00
each in KNM share. The current market price of KNM shares is therefore not conducive for
KNM to embark on any fund raising exercise and/or corporate exercises involving issuance of
new shares. Accordingly, the Proposed Par Value Reduction will provide the Company with
greater flexibility to raise funds and to implement future corporate proposals which entail the
issuance of new shares.


This latest exercise by KNM is a big negative.


From the rationale above, it can be clearly seen that the intention of doing it is for KNM to have "....greater flexibility to raise funds and to implement future corporate proposals which entail the
issuance of new shares", which plainly put means KNM, at the moment, with its par value at RM 1 cannot do a rights issue as the price of rights issue cannot be lower than its par value of RM 1, as nobody will subscribe to its rights issue at RM 1 when the price now is just RM 0.545, even with some sweeteners such as bonus shares or free warrant thrown in, as such, it must reduce its par value.


But more importantly,

1. from the ".... to raise funds..... " it is shown, despite the recent loans it obtained, KNM is still short of fund and looks like it needed the fund urgently.

Everyone knows KNM has got this Borsig subsidiary which it has claimed is ready for listing, now, if KNM is in need of funds, wouldn't the best way to do it is to list Borsig??

BUT, KNM IS NOT DOING IT! WHY? IS THIS BECAUSE BORSIG IS IN FACT NO YET READY FOR LISTING?? THIS EXERCISE HAS SHOWN THAT BORSIG WILL NOT BE LISTED ANYTIME SOON!


2. Instead of working hard to generate profits to boast its share price to beyond RM 1 to meet its par value of RM 1, KNM has now proposed to reduce its par value to meet its pathetic profits.

IT SEEMS KNM IS NOT CONFIDENT THAT IT WILL BE ABLE TO IMPROVE ON ITS PROFITS IN THE FUTURE.


3. KNM's share capital is already huge, if there is further issuance of new shares under a rights issue and bonus issue, KNMs capital will be really huge.

COUPLE THIS HUGE CAPITAL BASE WITH THE PATHETIC PROFITS AS NOTED IN 2 ABOVE, THE RESULT WILL BE A HUGE DILUTION OF ITS EPS. YOU WILL BE SEEING EPS OF 0.0000001 SEN OR SMALLER. HOW IS THIS EPS GOING TO SUPPORT KNMs SHARE PRICE??


Based on 1, 2, 3, I have now turned negative on KNM as Borsig will not be listed anytime soon, its profits will not improve, and yes even most likely there will be some sweeteners such as bonus shares or free warrant thrown in if KNM were to have a rights issue, its profits will not be able to support its share price, which is precisely what is happening now.

HISTORY REPEATING ITSELF!

KCchongnz looks like our General is getting 'creative' again based on the latest news article from The Edge :)

http://www.theedgemalaysia.com/business-news/272902-knm-proposes-to-cut-share-par-value-by-50.html

I thought it was the 'good' news regarding Borsig listing since KNm has gone up lately but upon reading further I found that

"The Proposed Par Value Reduction will give rise to a credit of RM745,006,626 which will be credited to the share premium reserve account of the Company and may be utilised in such manner as the Board deems fit"
wah MAYBE they will give the shareholders some special dividends/bonuses since have so much money now YAY :)

hehe now getting really excited leh hoping for more good news as I read on :)

"The current market price of KNM shares is therefore not conducive for KNM to embark on any fund raising exercise and/or corporate exercises involving issuance of new shares. Accordingly, the Proposed Par Value Reduction will provide the Company with greater flexibility to raise funds and to implement future corporate proposals which entail the issuance of new shares"

Huh WTF? want to embark on fund raising? why need funds when the company juz got Euro 220 Mils? not enough cash meh? issue new shares? for what? Did they NOT do it less than 2 years ago? give out free shares izzit? and I dun even want to go to the ESOS thingy :(

Posted by almufathal > Jan 28, 2014 12:35 AM | Report Abuse
suka suka mau turun naik par value....dulu slash par value 3 times...then convert to rm1....now slash again...takdak kerja lain

haha this person got it right - memang Jeneral Lee takde kerja lain besides Gorenging KNM but but u have to give him credit lah He always manage to be 'CREATIVE' LOL

Anyway Last call for Flight 7164 to Butner,NC where Bernie M is waiting for loyalist of General:)

Oh No not the privatization again :( I think if this comes out from General Lee directly better run as fast to the EXIT as you can and better still RUN now and never look back LOL
Sir how about another one? - If we don't learn from history we are bound to repeat it :(

Not today :( common break 300! 9 mins to go

good good my fren YS1 I'm happy for you and hope you make big when General Lee goreng big for you. yes Usd up Euro also up KNM also up up :)

Posted by yungshen1 > Jan 22, 2014 09:52 PM | Report Abuse

1USD=RM 3.330

is sifu Ys1 hinting that KNm can be as high as 3.33 or izzit that the higher the rate of USD/RM the higher KNM will be?

I believe the next target is .59 heavy resistance but I'm no sifu YS1 so better wait for his confirmation tom :)
with the gains this past few days I heard he is at tai thong celebrating - hopefully he can put a good word to our fren Phillip to next goreng Scam me and his siblings and kick ayatollah OUT :)

LOL Ng yes indeed that our sifu YS1 did mentioned below
Jan 21, 2014 12:45 PM | Report Abuse

Posted by yungshen1 > Jan 17, 2014 04:06 PM | Report Abuse

SMA 200 0.450 break ady with RSI 70%.next move will be 0.550

seems he got info that General was planning a goreng session! but nowdays i'm on a strict diet ordered by Dr that no more intake of fatty foods :(

Posted by speakup > Jan 22, 2014 10:54 PM | Report Abuse

my remisier in Kenanga say 70-80sen. but then if hit rm1, even better for me :)

even better for my fren Ys1 :)gambateh

Posted by countfind > Jan 22, 2014 07:48 AM | Report Abuse

Simon Lee TP-RM2 in which year? :p
shouldn;t there be weakness today..DJI down

LOL :) should that happened must be one hell of a GORENG even general also find it hard to do :)

no news. that's why it dropped :(

And I am no crony. I only vote for Lim Kit Siang Party.
boy you sure need some hard knocks on your head from uncle LIM - by the way you know Uncle Lim is in DAP and Not UMNO hehe. how about this IF the BN gov did not squandered all our natural resources through corruption, cronyism and wastage we might NOT even need to be raising electricity in the first place. we would be on Par with Singapore if not better :)

Let me tell you Malaysian Roads Are The BEST IN THE WORLD
just like tudor is the best chocolate in the whole world :)

Don't know why you guys are so negative.
we're 'negative' on how can any sane person if you're one be blinded by the antics of our Bolihland leaders. by the way looks like u have juz been kangkunged :)

oh good night to you too and No thanks for your selections especially on PM corp and No I did not lose money on PM corp - juz that I do not trust the management especially the big boss :)

hehe go Andy - seems that fella is completely lost like HILANG after consuming too much Tudor dark chocolate. he should be channeling some of his thoughts as advisor to chedet blog :)

look down on chinese leaders? huh got leader(s) meh? please lah tell us something that we dunno. NOT funny fellas :(

yungshen1 is u kchongnz.my good friend.
17/01/2014 15:04

hey what about me- am I not your good fren no more? sure or not kcchongnz is your good fren? why u no listen to him :) why u make fun of him (and me ) when your General goreng and you become man of the match?why why why tell me why

where is sapi LOL

hehe I thought this one only collect dividen :)

WOW

HorseField Personal experience, I was an proposal engineer working in (withheld name) company since I graduate 4 years ago (2009 yr). The global economy wasn't good but i was very happy as i still can manage to join the so called "OIL & GAS" industry for my first job.

I was doing proposal/quotation/bid for the project from globe market. The quoted gross margin was shocking me which is only 5%. sometime it can be 0% as that time don't have any project. we facing a lot competition from overseas especially Korea & China. The gross margin is still remains low even during good time in 2010 & 2011.

Someday in 2010, GM come to my dept and announce that company awarded a giant UK project. Since then, every1 (of coz including myself) was gone crazy to buy the share and share was shoot up for awhile. However, since then price drop to current 40+ cent.. I still holding the share till now.

There is few things I learn from this stock: 1) never listen to "news" 2) never invest low earning margin stock, business moat is very important 3) cut loss. I will never ever touch similar stock again. I rather miss the earning opportunity than loss all money for those stock.


A very good sharing above from someone who was? with General's organization and hopefully the long term holders take note. may I add that even with huge contracts win but with razor thin margins and any delays or cost over runs will turn into losses but of course the investment public will be only excited with the 'good news' and this is where it is important to take heed Kcchongnz advice to read thoroughly the accounts. of course with the release of 'good news' will also be party time for our General's next goreng session - be sure that there's real food to be goreng and not you that the General is gorenging :) ah like kcchongnz said not many loyalist will agree and we're here juz to talk C*&K especially on a slow day like today :)cheers and may the force be with you :)

LOL KC Loh I'm very passionate with regards to General hehe and Happy belated new year to you too :)
as for the zoo front hopefully it stays that way as times are still tough - 20 is still a lot of money for frivolous internet spending LOL

@Kcchongnz - thanks for the kind words and you're being far too kind LOL yes they can learn from my BAD experience to avoid these speculative counters and hopefully they will since another great INSIDER experience coming from HorseField above :) I did very well last year especially with my limited FA and even more limited TA - not to boast here - but I believe and learnt the hard way the 'secret' to success in the market at least 50% of it already is that you DON"T invest in speculative counters and especially the flavor of the day.

I only stumbled on i3 thru CPteh BlogSpot and here I met KC Loh ( the original one )when I was real LOST thru my big bet on General's stock - need to do some soul searching as to how can 9/10 research reports all with high BUY recommendations can get it SO wrong. Kc Loh has helped me a lot though sapi fish might disagree LOL and then you came along wow like this 2 KC's combine together is like they say in Cantonese 'tin har mou tik' LOL.

yes it was very painful to cut loss on General's and to move on and am really glad I did as I've recovered all my losses thru Myeg ( I still have a little - every time I sell it keeps moving UP LOL),pantech,fibon,Scomies,willow etc. Of course the bullish market helps a lot too but then again if you're holding lousy stocks it will not help much. The market is at all time high and this stock is still hovering at close to all time low. if I continue holding Not only I will NOT recover but drop another 30% and sure it 'MIGHT' one day be goreng again - let's hope so for our frend YS sake :)

I really admire you spent so much of precious time here doing all these superb time consuming analysis when you can of course spending time on the course and I actually want to kick myself on the head for not buying pres bhd and MFCB - sort of like wasting good analysis like one of my email friend said! That is the other 50% of being successful in the market - buying fundamentally stocks with good safety of margins :)

3. Were we wrong about the management or the deterioration of management decisions?
hey nobody get's it right all the time. I give you all the punting excitement, the news,the hope and I can promise you this like how I promised to give you all 50% dividends on future profits that once I get my house in order and if we can big IF ya we will scale to the top of himaya mountains.

a. This will make a great story about the management, refer to the link below:
http://whereiszemoola. blogspot.co.nz/search?q=knm
we took care of that fella already juz like how I took care of my 'traitor' uncle - that is why he has been missing - check his last post :)

b. There is absolutely no credibility on the part of the management
of course we are credible - like I said earlier we continue to enhance the shareholders* value from time to time and we are now accepting any suggestions to goreng up our share prices. my company motto has been goreng comes first and as long I I'm the top 40 richest in bolihland that's all it matters to my supporters. - again here shareholders* means majority hor not the kecik mai :)


Management is still making “wonderful” decision recently to buy back its own shares with its backside.
No that is NOT true at all. I have instructed my boys to keep the price from sliding downwards and in order to do that we have to goreng from time to time and rest assured that we do not use our own funds to do the buyback - where we got the funds but we sure had FUN gorenging it from .40 to .50 to keep all my loyal followers especially my ex commander excited :) hell with those TA buggers I'm the supreme commander and I call the shots when to goreing and not according to any dumb charts :)

4. “If we didn’t own it, would we be buying it today?”
If I have that many suckers you think the price still hovers at all time low? look I played out lot of those ikan bilis from 10 bucks to now heck I even played those foreign funds and our local big boys too so if you want Fun and excitement feel free to buy some I sure can promise you one of these days I will take u up to himaya mountain but once there watch out for the slippery steps :)

sarcasm aside KC the beauty of the market in bolihland for the listed company owners is that no matter how bad or poorly run they still have plenty of loyal followers/bravehearts :) of course it is very commendable for you to keep highlighting these way below par managements specifically to newbies and some long term holders but likely will fall on deaf ears especially when there is another run err goreng session.

cheers and hopefully you have been scoring well on the course :)

hi KCchongnz A very happy and belated new year to you and hope all is well.
let me try to discuss with you and see if my answers will help your questions
1. Have we made some significant mistakes in the analysis of the stock?
I dunno about the 'we' there but I sure know that I definitely made a huge mistake reading all the analysis reports about this fabulous so called company that I lost my pants off listening to their buy call :)

b. Has the prospect projected been realized? Obviously not as its share price has dropped from an adjusted price of more than ten Ringgit per share in 2007 to less than half a Ringgit now.
'We' have a duty to continuously enhance the shareholders* values from time to time to announce projects whether it is viable or not in order to 'goreng' the share prices. To do multiple 'gorengs' we also have in the past 'trying' to privatize our 'undervalued' company to create excitement for our minority shareholders. When the ikan bilis got overly excited like in mid 2009 I the General happily sold almost 64 millions shares at ave of 1 buck a piece netting me a cool 64 millions :)
shareholders*= majority :( not ikan bilis solly

2. Have the fundamentals changed drastically?
Fundamentals? oh please! we are out of ideas now to feed the investment public 'news' that would excite them for the next goreng session :( any suggestions will be much appreciated :) juz so you know - we have tried a, the 'earnings' guidance b, our 'new' projects won, c, privatization (can't do that no more cause the last time we pulled that stunt bursa fined us directors 25k each :( d, the continuous delay listing of our German torpedo in SGX - u think the Singaporean authorities suspecting something amiss?

Even if there is any profit declared, I have doubt it is real. The cash flow is horrible.
Profits? haha if they're real we would have given dividends as promised since 2010. if you'll may recalled after the disastrous qtr results in 2010 I as the general on behalf of my great empire promised u all that all future profits will be given 50% of the dividends. please be patience

The only value it has is just a pure option value in its listing status
ah we got to be better than that - we still have peter pan in UK which we're trying to find financing since we first announced the projects in 2010 - only been 3 years plus mah - do you know any suckers err bankers ar? also dun forget ha we still have our 'hope' to list our torpedo in SGX which we paid a lot you know - again only 1 year plus delay mah - why you people so impatient one and once it get done it's gonna BOOM - u all juz wait hor - can or not? mean while I'll keep it interesting for you fellas with my up 3 cents and down 2 cents and up 2 cents and down 4 cents weekly adventures :)

iii. There is no visibility in future earnings with my eyes
haiya beauty is in the eyes of the beholder mah err in this case my loyalist lovers mah - I can give my shareholders 'good' news and they can take it from there. we worry about the future when the future comes :)

iv. I don’t see the management is doing anything to improve the business
aiyoyo where got time? CNY coming liao I better think of a reason to goreng first for my big fat angpow

@KC Loh the one with 11K posting - got to be careful as too many KC lohs around lately LOL - hopefully you're not referring to Sapi or fish cause I rather jump to a donkey LOL

A wise investor once gave me this advice from the The tribal wisdom of the Dakota Indians, passed on from generation to generation, says that, "When you discover that you are riding a dead horse, the best strategy is to dismount." :)

:) How are you tony? hope all is well :)

...

.+.=..

hehe ng how about another buying from Abu - go go Abu keep buying until u kick out ayatollah o.k
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1514921

Posted by landythetrader > Jan 13, 2014 04:26 PM | Report Abuse

DAYANG orderbook RM 43.3b share price 5.79
SCOMIES orderbook RM 52b share price not even one ringgit?! See the potential upside?

Landy Landy where got 43.3 or 52 billions order book :)unless it's in Thai baht u're referring to :)but I still see the potential upside in the near future- it's all about the execution :)

yeah run and dun look back :)

nice :) keep going :)

good gorenging time :)
http://www.btimes.com.my/Current_News/BTIMES/articles/p1p1/Article/index_html

more to come? :)
http://klse.i3investor.com/blogs/nexttrade/38976.jsp

anto why you like that one - I've been telling you nicely to bangun and pegi kerja for the longest time and u no listen and u prefer people to maki hamun u with the ciau ciau then only u listen? why izzit becoz u cin kuat tau? (stubborn bone headed) anyway, since u now bangun already u no go back tidor o.k - u be the best and show them that you are indeed the JAYA one unlike your useless cousin tidor tiasa o.k or not :)

LOL Noraini :)

:) :)

:)