MAA acquired only 33,000,000 shares on 7 Sep. Announcement dated 9 Sep. Total no of securities after change 266,001,800 shares ( 8%)
Let's see how much MAA acquire on 8 Sep (yesterday where the trading volume was 800 million shares). I'm still convince MAA will increase to more than 10% and try to control the board.
MAA know they have to accumulate as much as they can from the open market before today's disclosure .... and before everyone know their intention. i hope MAA already own more than 20% and take control .
sardin81 I love your enthusiasm on KNM ,,,,you are very passionate about KNM and particularly BORSIG but . how long is this going to drag.....up for a week and goes down and stagnates for months then end up more than a year......no wonder when retail traders see 20 to 30 % profit in short term they run ....worst still such 20 to 30% comes rarely may be once a year for KNM !!! consistent price growth and reasonable EPS over a year will reflect on the quality of any stock....people who stuck who bought at high price have no choice to wait hopefully not too long anymore .......... keep the mantra in mind...BORSIG...BORSIG ...BORSIG........
KNM need synergistic partners to unlock value in Borsig, WTE Peterborough, Thailand ethanol instead of just sitting on them like what previous mgmt were doing. Putting wife, daughter n bro inlaw in d Board/ top mgmt and underperform is not d way. That's why we voted them out
Upward gain is very high if MAA increasing stakes. Yesterday who say MAA sell really crab brain. When I eat crab sure laugh thinking of their non logical comments.
Stupiad also know some institutions been increasing his shares by keep buying it. See the volume also know. people keep buying on to increase their share Knm's holdings.
See i told you guys right. It is not MAA who selling. But the other parties. MAA average buying price last time is 0.22. Now should be higher than that. Do you really think its go to go down ? hahaha think again. Well i just want to say it again. I TOLD YOU SO. hehehe. Goodnight.
I suspect 800 mil shares, equivalent to 25% total issued shares transacted on 8/9/21 are purchased by MAA and few well-informed investors working in concert. Sellers most likely LSE n cohorts with intention to press down the price and pick up later not knowing there are well informed investors outside ready to pick. LSE is notorious for insider-trading resulting in him being bar from holding office. Remnants of LSE's cohorts still exist in KNM top mgmt inc CEO. Watch out for announcement on new board members appointment n new CEO??
General Lee unleash all his esos to push down the price mana tahu kena absorb kao kao. So u guys tell me 800 million share sapu at 0.26 what will be the price moving forward?
Planting auntie-wife as Dpty Executive Chairman n greenhorn daughter in charge of Thailand ethanol n other family members in key positions run counter to wishes of many shareholders, who have put millions into their investment in KNM. After losing control n trying to push down price with heavy volume n hope to buy back at lower platform also failed. He under estimate the intelligence of shareholders n new deep pocket investors such MAA/Others. Guys, new high in volume n price n new board appointment s soon
LSE can sell but interested parties are collecting. Value investing =turnaround stories theme play with underlying growth assets. KNM topping the most active list for the last 5-6 weeks. Something is brewing { the perfect storm } expect more corporate intriguing news
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Godofgambler
5,307 posts
Posted by Godofgambler > 2021-09-09 17:09 | Report Abuse
Kanasai yesterday who said will fall back to 0.16 or below 0.20??
Where where where?!!!
Big fat liar!