Thank you HongPohSeng for highlighting that very good news to be released soon, & which indicated share price will advance to above RM0.2 . In the past 20 years, Kbunai was unable to turnaround to profit due to difficult trades engagement, ie; L&H (Leisure & Hotel), in a matters of time (assumed by Hong - 7 wks), Rumours that Kbunai will be awarded licence L,G,H (Leisure, Gaming & Hotel). Unlike Marina Bays Sand & Resort Worlds, Singapore. Kbunai capital reconstruction vide "accumulated losses" elimination has just successffully carried up, thereby the health of the company is back to normacy. Kbunai locality is 1500 acres of land in Karambunai, with features of white sandy beach, crystal blue cove, historical borneo museum, 5 stars resort, spa & golfing of which classified as Jewel in the Crown of integrated Resort living. Once gaming is added to the operation, it would complement current trades, Kbunai would then be assured of continuous shining with fruition future
Atten: chinhoe, based on my finding, there will not be any effect for Kbunai to decline to 0.85. The worst scenarios will be: on 24th, 25th or 28th October, it might temporary pull down to 0.09 ~ 0.095, however, such action/measures will swiftly be rectified within a short period of time. (The health of the company has backed to normalization). If opportunity permit, effect your buy move on 28th October, Kbunai WC at 0.03. Tx
The new warrants hv a tenure of 10 yrs expiring in 2023 & conv price of 0.1308; I think it commands at least 50% of the mother price....eg mother .09; warrants .045...
For WC, Range of volatility spread on 28th & 29th would be: Ceiling: 0.045, Floor: 0.03 Don't acquire when price flutuate to top, while there is likehood of transaction effected at bottom of flooring. Be cost conscious.... Tx
When company needs money, either they borrow or issue rights to get money from investors. I dont see any good news. I am stuck with this counter for long time. If the company is serious about the gaming business, they will notify shareholders when they plan for the rights issue. I dont buy that.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tomwah
1,599 posts
Posted by tomwah > 2013-06-02 17:28 | Report Abuse
Better stay side way