keeninvestor12 only explanation for me is they dispose at higher price then buy back at lower. maybe the price drop so much because of them. anyway , nothing much i can do but continue to hold.
tell yourself anything as long they can make u sleep at night. pathetic sardin follower who bashed on informed investors sharing the real facts. now go hug your mama and wait for a few years before u escape this KNM trap.
Global economic ailment due to super COVID-19 However it is only biological reason, The real economic reason haven't surface. Anticipate the REAL slammer sometime in May.
haters gonna hate. Like i said b4, i still trust the fundamental of KNM. Maybe you did lose money in KNM and you are damn pissed off with it. I will continue to hold. No one knows who is right until later.
"Posted by Keeninvestor11 > Mar 16, 2020 5:51 PM | Report Abuse haters gonna hate. Like i said b4, i still trust the fundamental of KNM. Maybe you did lose money in KNM and you are damn pissed off with it. I will continue to hold. No one knows who is right until later."
Change in the Interest of Substantial Shareholder (202003163600199) Company Name KNM GROUP BHD Stock Code / Short Name 7164 / KNM Date & Time Announce 16/03/2020 05:12:39 PM Subject Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Content Substantial Shareholder's Particulars Name : INTER MERGER SDN BHD Address : 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah 43300 Seri Kembangan Selangor Malaysia NRIC/Passport No/Company No. : 162106-U Nationality/Country of Incorporation : Malaysia Descriptions(Class & nominal value) : Ordinary shares
Name & address of registered holder You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com
Details Date of Change No of shares Price Transacted(RM) Transaction type 11/03/2020 5,000,000 0.000 Disposed 12/03/2020 15,000,000 0.000 Disposed 13/03/2020 45,000,000 0.000 Disposed 16/03/2020 20,000,000 0.000 Disposed 16/03/2020 5,000,000 0.000 Disposed
Description of other type of transaction : Circumstances by reason of which change has occured
Nature of interest : Direct Interest Direct (units) : 168,224,651 Direct (%) : 6.433%
Total no of shares after change : 168,224,651 Date of notice : 16/03/2020
Remarks The transaction of 90,000,000 ordinary shares represents 3.442% of the issued and paid-up share capital of 2,614,879,480 ordinary shares, which excludes a total of 29,841,275 ordinary shares held as treasury shares as at 16 March 2020. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Knm income depends on Borsig.Borsig business mainly at Europe..Europe now badly affected by this corona virus.this coming qrs a lot of co will suffer losses include Knm.Thailand Atenol need to do max production asap 500,000 liter daily or perhaps right issue to save Knm.
Sardine on leave already ? We need general Sardine to provide guidance as something very wrong here that directors massively disposed shares at low price.
I hope he is not selling all his 15% stakes to someone,if this is the case i guess someone going to buy out KNM with this 15% and sapu all they can from market below 0.12. Wait another 3 days see general will disclose or not.Privatize not more than 0.20
before this General Lee bought Knm shates at much higher price during that time no corona virus. now different.Borsig income will be badly affected as the virus now at Europe getting worst.probably General Lee knew this coming qrs will be bad thats why he sold some of his shares now & buy back later at lower price ? we dont know only can guess
Sure Directors kena sotong by margin call...what else....Sardin81 is preparing for holiday because his duty on making good news creation and mission has been achieved.
Brent did a brief dip below US$30 to set a low @US$29.55. It just a few dollars shy from 2016's low. Anyway, in days to come the resolve is to breach 2016's low and perhaps US$23 may provide some relief. If Saudi's continues with it's generous offer then there is no hope in that support but to invite sub US$20 per barrel. It's about time, the world need a reset in cost! Let's welcome sub US$20 per barrel.
Whatever it is the pussy shaped "V" recovery is what we should focus as promoted by a cat woman. The strategy is martingale trading at every dip. Sailang it seems..
Well, hope you spare the loin cloth for desperate moments.
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....
truesight1122
63 posts
Posted by truesight1122 > 2020-03-16 17:37 | Report Abuse
keeninvestor12 only explanation for me is they dispose at higher price then buy back at lower. maybe the price drop so much because of them. anyway , nothing much i can do but continue to hold.
tell yourself anything as long they can make u sleep at night. pathetic sardin follower who bashed on informed investors sharing the real facts. now go hug your mama and wait for a few years before u escape this KNM trap.