Agree, the management and old directors ran the company into the ground and should all go. But even then the companies subsidiaries are too varied to be able to be managed with expertise.
Under the PN17 relief measures, the company said an affected listed issuer that triggers any of the PN17 suspended criteria during the relief period would not be classified as a PN17 listed issuer and will not be required to comply with the obligations of the Main Market Listing Requirements of Bursa Malaysia (MMLR) for 18 months from the date of triggering the criteria.
“However, the affected listed issuer must immediately announce that it has triggered the PN17 suspended criteria and the relief provided,” it added.
sardin81: I thought when I bought at 10 sen it was cheap enough. Turns out you're the biggest winner here at 7 sen! Wow!
Like I've said in Greatech's thread: HOLDING POWER IS KEY!**
As much as I wanted to believe in sardin81's TP of RM3, I just couldn't. KNM's price action wasn't convincing enough and sardin81 made it worse by constantly blaming the downtrend on shorties back then. If KNM was truly attractive enough for investors and powerhouses, shorties won't even stand a chance in bringing KNM's price down. And so I left KNM while I can still bring home nice profits.
**Stock: [KNM]: KNM GROUP BHD
Feb 1, 2020 9:39 AM | Report Abuse
Sorry guys.
I'm already out at 0.33.
Everything went into KOSSAN 10 days ago.
I guess I'm wrong about KNM, although I've made 280% here.**
Unlike sardin81 and nedgeon, I don't delete my posts. You can still see my bad decisions back in my early days and that's something I have to live with.
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....
JOJO YOYO
64 posts
Posted by JOJO YOYO > 2021-12-07 11:03 | Report Abuse
the only hope at this counter is Tunku.