Hello KNM fans....another round of rally...nice to see it's being pushed up progressively. 16sen is a good performance. Wonder why nobody is asking at 16.5sen then? hahaha. Very clever and calculated trading, a beauty to observe such unique movements, particularly highly volatile counters.
@Woodswater, obviously, single sided, systematic, but is a good way. At the end of the day, everyone wants something - to be rich, powerful, winning and/or simply be happy, either by hitch-hiking, tag along, disruptive, opposing, suppressing, or putting efforts to achieve.
@CyrusQ, I guess the bilis realized that if they are in a small cluster, they are swallowed, but at KNM, the minority shareholders are holding a majority of voice, Malaysia Boleh maa.... just like badminton Thomas cup or harimau Malaya games, everyone comes together....
@Woodswater, you're most welcome brother...my pleasure.
Based on my studies so far, the fair value of KNM (currently not taking into consideration Borsig's prospects of public listing) it should hover between 38sen, with market capitalization of RM668mil, it stands a good chance of pulling out of PN17, assuming everything "ceteris paribus..." In terms of yield vs market, Borsig's listing will give everyone a fair share of rewards by the board. Based on cash runway analysis, KNM has sufficient cash runway for more than 3 years if it keeps its current positive free cash flow level. (long term assets - 1.3B, physical assets of 1.2B, receivables 578mil, Cash&equiv 235mil vs LT debts 1.2B, liabilities 802mil, payables 601mil, equity - 772mil), short term liabilities exceeds long term liabilities - good. short term liabilities vs short term assets - not favourable, though. Debt to equity ratio - 152%, interest coverage ratio - 0.4times. ROA company 0.6% vs industry 6.3%, ROE (-14.2%), not favourable. KNM reduced losses over past 5 years at 18.6% per year - very good. COS is high after pandemic, unavoidable but an area to look into seriously now. Price-to-Sales ratio 0.5times vs Competitors 0.9times, favourable. (competitors - perdana pet, uzma, deleum, sapura).
KNM fundamentals are strong enough to grow to the next heights. The current management's extraordinary performance, if prolonged for the next 12 months, will bear fruit for all stakeholders. The frontliners should be appraised soon it turns over without delay.
@CyrusQ, I guess the bilis realized that if they are in a small cluster, they are swallowed, but at KNM, the minority shareholders are holding a majority of voice, Malaysia Boleh maa.... just like badminton Thomas cup or harimau Malaya games, everyone comes together....
# Everyone have different point of view. with them selling you won't able to loaded up 😄.
My lecturer passed me this article and requested me to measure the extent of human perception vs share prices volatile situations and fundamentals of companies while registering losses during the period. (Strictly For academic purposes only). Well, its huge task to analyse. Interestingly, decisions by shareholders in their own hands...how would we learn what's good or bad instead? These are hypothesised questions to ponder.
Price 16.5 cents Actually the takeover price in 20 cents range.the white got higher premium compare to local takeover.there bought it 10 years time,there can double or triple the business like borsig and value at least a double of wht there invest.all depend on the white mass network. 5/10/23 8.22am
@CyrusQ....bro, you keep on loading while last stock....that mean you will be one if the Directors soon.... If you mean...keep loading while Stock Last, please tell me how many is enough.....lol
@CyrusQ....bro, you keep on loading while last stock....that mean you will be one if the Directors soon.... If you mean...keep loading while Stock Last, please tell me how many is enough.....lol
# Well you guys keep letting go , only keep loading haha
@Dawneagle, the rule of 5% shares as a substantial shareholding was changed to 2% since Nov 1, 1998, and required to declare within 7 days. So, anyone who has purchased more than 2% by Oct 4th based on my rough calculation (correct me if I am wrong) will need to declare by Oct 13th. So, you will know who they are. For those buying today onwards until Oct 11th, nominees may vote on their behalf as time limitations for such declarations. Nevertheless, substantial/beneficial shareholders will appear eventually. I guess the regulations have gone the prolonged tried periods to ensure its reliability.
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....
Ninja _07
539 posts
Posted by Ninja _07 > 2023-10-04 15:21 | Report Abuse
Yahoooo, explosive like volcano KNM today !
Now KNM already at
0.165 (+0.015) (+7 %)