Is it kok sure share price will run if pp is voted out and also new directors come in? all this talk is about voting...but any idea how share price will react?
Why still want to depend on the current management who are bad at their work? How many years we have gave them? Let other professional take over the management at least for once. I will not and it is pointless to depend on the current management team who like to issue ESOS and PP for their own benefits. I will stay unite with others and vote them out. Successful or not , at least i give it a try.
I m thinking if they will do this or doing this: Push down the price, keep issue esos and pp, then do consolidation, RI and keep repeating the cycle. At the end, privatise the company.
So, we must stand out and tgt vote against their wishes. If not now then when. If pandemic ended maybe no more virtual AGM or EGM, and we must attend the meeting to vote, im sure many of us won't attend from far and vote.
So, do it now as it is our responsibility as a shareholder
Also please take note there PP price is 18sen and 16sen. No way the share price can go up with this management. Save your investment by voting them out. KNM should be priced at 40sen now but to management / culprits, they purposely press price down. Also with the help from some ppl here to spread scare story..
Hercules118, if you re not sure, don’t do anything, if you re lucky and LSE group gain another term, you will learn from why ppl keep saying no to current management. If you wish to understand more, please read previous messages. KNM is ferrari but the driver is problematic.
******* ATTENTION *** There is total of 2 forms to vote.. YES!!!!!! 2 forms. please vote for 2 forms. A few week ago there is only 1 form, and i notice have another form to vote. please vote ya!
Form 1. Nineteenth ("19th") Annual General Meeting 10am 29Jun2021 Form 2. VIRTUAL EXTRAORDINARY GENERAL MEETING 11am 29Jun2021
For those don't want to fill up the hard copy. please do the online vote -> https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id... Step 1 – Register Online with Boardroom Smart Investor Portal (for first time registration only) [Note: If you have signed up with Boardroom Smart Investor Portal, you are not required to register again. You may proceed to Step 2 – eProxy Lodgement.] • Access website https://boardroomlimited.my • Click <<Login>> and click <<Register>> to sign up as a user. • Complete registration and upload softcopy of MyKAD (front and back) or Passport in JPEG,PNG or PDF format. • Please enter a valid email address and wait for email verification from Boardroom. • Your registration will be verified and approved within one (1) business day and email notification will be provided to you
Virtual meeting is best opportunity to vote LSE/GSL out. Look closure at GSL, she is a housewife and look like one n not qualified as exe deputy chairman. Laughing stock lah ppl like her appointment exe chairman n knm become pariah
Once reject the PP then LSE need to collect shares from open market. He and his gang will have to pay much higher. Therefore it is important to vote against PP.
Yeahhhh....we should kick out LSE....share price will be price 0.40 cent....from 2018 he treats the share price down to 0.11 cent n then he n gang buyback...the management also involve tru idss
i been holding for 1 year...looking at the trend, LSE is trying to gain control of this KNM. i believe he already had enough share in nominee hand...our holding already diluted since share cap increase from 2.3bil to 3.2bil (will further dilute coming 30% private placement to 4bil share). i feel very disappointed holding it 8 QR profit don't even rise 1 sen. They even push the price down to announce 30%PP to themselve...they are so unethical. I don't believe we can win the voting process (as LSE already had enough share to vote for it). My only hope is their motive behind to raise holding is because they know something BIG is going to happen in KNM...and if this is true, all of you will have good profit holding KNM...but must bear in mind that 4bil share is a huge base...and only a very good potential earning able to push the share price up...
RISK8888.....I agree with your opinion.....last year with more project awarded n PAT almost RM24 milion declared....but share price still between 0.16 cent to 0.25 cent....knm should be price 0.40 cent till 0.60 cent
very obvious the PP is to their Proxy Nominee, and never disclose who they are...I strongly believe LSE make use of pandamic time to issue PP, somehow channel back the PP $$ into their pocket, recycle the move again...by doing this they can gain control easily, i'm not trying to discourage anyone to vote, i only telling what i see so far from their move.This LSE is very selfish and only care themselve, quietly taking control of KNM (eating all the meat and left us all the bones), I very heart pain looking at their PP move and recent push down of price for it. I also believe latest QR is manipulate into losses. Very piss off with the management.
I guess share price won't up so soon prior their PP approval. Because their target is 0,18/0.165. if the price went too high, they wont have enough money to take up...so the operator will work with them to control the price around current range...very fed up with them.
sardin81, knm has access to other sources of borrowing and capital. it is just not as easy as taking from shareholders. the banks hate lse and always have. get them out and see what the banks do. this PP they propose is just the way lse has been paying bills all along. makes up for all the loss making activities knm has suffered under his and his hr manager wife who is driving now. unite and take back control of this company for the good of msia.
After vote them out. If they want to gain control they need to buy from open market. Price will surely go up. Only thing we need to make sure is they don't get the PP at 18sen.
If you want to know more, please read previous message,sardin81 alredy shared alot of KNM potential, no doubt this is a good counter. What we alredy know is LSE team not giving benefit to shareholder. I rather let another team to try than giving back LSE team which not performing.
Dear KNM shareholders, in order to avoid your proxy form mis place or hold by third parties, please send your proxy form direct to Boardroom service and for those already sent, please kindly resend again to boardroom service office. Thank you and stay safe
pp is in EGm. Luckily you guys posted here or else i will miss out to vote against pp, because earlier there is just 1 meeting. Only realized there is 2 now. Thank guys.
I really don't like how this company being managed and perform all these years. I might as well joint buy minimum amount to joint you all, kick out old guards.
proxy form voted against resolution probably already hijacked by third parties, please re- send your proxy form copy to Boardroom service for record, all shareholders please check and to ensure your rights is protected and exercise accordingly.
see, told you opeartor wont let it go up, they already pakat with LSE to press the price for PP...so we can only pray LSE to treat us good after PP, and not to continue PP until share cap go up to 10bil..that time our ticket will become toilet paper.
LSE think has collected sufficient share to pull through PP. Sorry for him, fight to gain majority still on. Ask him don't regret if he think can push price now hahaha
LSE had all the proxy who take up the PP for the past one year. about 900mil share on hand...can you fight him? please la, just pray hard that he leave some small meat for us la.
PP is 18 sen , for sure the price of KNM is way above else they won't take it at 18 sen. Now it is a matter of us whether want to let them take 18 sen or higher. As long as we stay united and vote on this agm, we are able to make a difference.
United we fight together and vote to protect our rights. It is not the time to pray for something good to happen when something wrong is clearly happening. it is about taking action to do the right thing.
Move on to other counters guys..why wasting time here. Armada looks fundamental now. Velesto long term promising. We cannot challenge the BD...just talk and writing in the blog useless. Come on lahh not KNM only O&G counter in bursa you'll know better than me.
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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....
RISK8888
2,232 posts
Posted by RISK8888 > 2021-06-16 10:07 | Report Abuse
very good, it is rising again...0.21 now...hope it go up, more ppl will earn good profit...