sardine81, just cause he is a new guy does not make the story any different. that has been around a week or so. old news already! haha. I hear there is an audit problem with ESOS shares. there have been a lot of ESOS options exercised at .11, but I see the anouncements says shares were authorized at .165. where does the discounts come from? let's see if it comes out.
become employees of knm can become millionaires. buy knm shares using esos at rm 0.11.sell open market rm 0.18-0.19.easy money ! No salary also never mind !
They came up with this evil plan via Esos to increase their shareholding at a very low price and also enrich their family members. All these are at the expense of their employees and shareholders. Hope the authorities started their investigation to safe the employees
Top glove have more employees compare to knm.if come to logic suppose more esos from top glove.maybe their were stories from behind everyone dont know why their were so many eses from knm.if tmrw going to be end of the world we still unable to read a negative comment ( true facts ) from sardine regarding knm.a investing forum should be healthy with all the true facts pros or cons regarding the stock.at the end of the day is the investors decision whether to invest........
Cool wingman 9898.... Finally got ppl provided a information that showing esos is their ATM. Hahahaha . I hope that URL clear enough to show the dirty action. Some ppl still find excuse for them to make the esos is normal activities. I wonder the private placements izzit the same . Got any information ?
Thai bond is another time bom. This THB2.7b bond due end of this year and the phase2 of the ethanol plant is still yet to commence construction. This project should have started operation 2-3 years to generate enough income to redeem the bond. To add more salt to the wound, Lee Swee Eng is using KNM to issue the corporate guarantee for this bond. He is bringing all of us down together with him.
I remember knm previously call 10% private placement to expand ethanol from 200l to 500l capacity. The money end up going some where and the upgrade didn’t take place.
Yes, is confirmed 3rd jun 2019. The private placement completed, and subsequently no update on the utilisation of the fund spend on upgrading the ethanol plant. So is it possible that knm spend the money to somewhere else? This is not ethically done.
KNM is still making profit each quarter, and they have the technology, After lee family fined by the court and been purged during AGM, everything will be fine.. chill..
Tq sardin, i hope this time knm wont go down anymore. Im so worry, been holding the share since 2019. Seeing the NOSH rises from 2.3bil to 3.2bil really sickening. Cause i got no money to topup anymore. Lets hope all the best.
Wil only go on again if really can kick out all the Lee family members n announce who is the onset of the private placements...so so so so risky!!!!!!!
You can see the market data the same as the rest of us. there is a ton of programmed sells for Monday onwards. news is rapid with substantial details coming out of the market of serious accusations of wrongdoing. Your General Lee and his group must stand down until this all blows over and then do the right thing. otherwise, I am worried this is heading into a PN17. This article that came out yesterday about insider trading and the Empress Ethanol fiasco indicated the company has no ability to pay back THB2.8 billion in just a few months. how can we disagree that there is a problem here?
hmmm... I wonder why suddenly a lot of xxxsuntimes.com articles out from nowhere with recent news about KNM but the second recent news was posted around year 2020. No operation during pandemic? Or could be I did not subscribe so that I couldn't read all these news between year 2020 to year 2021.
it says "Financial Crimes that rock Southeast Asian economy" ... go and read the judgement details... it was just an announcement not made on time.
Bro, it seems clear this "forgot to make an announcement on time" as you say is directly tied to 31 million shares sold by Lee Swee Eng as an Insider at inflated prices. the document number in the courthouse confirms this story as truthful from what I can see.
Time for you to come clean.. Are you really general lee?
make me so worry now. On one hand Borsig is consistantly deliver result, on the other hand KNM malaysia is not making money. From 2019-2021 private placement raise about 200mil and yet cash balance not improving. What happen? Profit earn from 2019-2021 go where? Balance Sheet wise not seeing any improvement.
I agree with yikshan1387. All these insider trading news cannot be found in NST , Thestar and all local press. Only available in these ppl link. Same trick they use again and again. Boring
Back to work! ughhh. well 2 of the stories come from the same reporter. you would think the star, NST or other local papers would publish stories like this. Maybe the holiday week has delayed the news? let's see what happens this week. I am holding with a tail!
Now the situation in EU - Germany, UK and US getting better with the good progress of their vaccination program. If KNM has the business in these countries, it is a good sign to recover the business too. Cheers!!
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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....
Jack Y
793 posts
Posted by Jack Y > 2021-05-10 09:01 | Report Abuse
wow...... how how how???