His trend is predictable. When KNM move a little bit (above 6%) he will come out and make noise.
Same stories repeated: Impress ethanol ubi kayu feed, BORSIG world class engineering. If any of you read the QR, you will understand this company is headed no where.
There are only 2 explanations. The first, is that sardin is a reference to his brain size.
The second, is that this imbecile is complicit in Lee Swee Eng's unlawful activities.
Don't need to listen to his bright and colourful stories anymore. His claims are all based on rumours and heresay, not by evidence. This intelligent guy uses facebook images to back his claim that impress ethanol is fully functional and profitable.
New investors should be very weary and consider the following: 1. Revenue growth 2. Profitability 3. CEO vision/credibility 4. Moat
KNM is lacking in all. Invest your money elsewhere.
170 million shares transacted today and the stock is unable to move half a sen. This should give you an idea of how little confidence/interest the general public and even operator has in this company. Nobody wants to hold this sinking ship, so they will trade for the mere 2% intraday profit.
The excuse sardin used to bark day and night about was IDSS and about 'weak hands'. Do you see any difference since the suspension of IDSS?
Sardin why delete your comment? Please copy paste for everyone to see your claims and credibility. 1500M without awakening BORSIG?
KNM acquired BORSIG in 2008. Since then, revenue remained stagnant. If kampung company buys world class BORSIG, it will turn into a kampung asset regardless.
Why are you wasting your time on the forum trying to convince everyone about how fantastic BORSIG, IMPRESS ETHANOL and other KNM companies are? You should know most people here are not big fish and unable to cause significant price movements. Yet, you still claim weak hands cause the share price to fall, along with IDSS. Please do not share anymore of your fake news. When KNM has high trade volume, newbies will check the forum. If they see your lies, they will be trapped with this failing company.
Sometime you have to wonder why a person such as opensans who create a new i3 account today and start barking at KNM. Shouldn't we question his motive? He offer nothing to back up his criticism of others.
New investors should be very weary and consider the following: 1. Revenue growth >>> It is growing, please check malaysiastockbiz 2. Profitability >>>>It is growing, please check malaysiastockbiz 3. Margin >>>>It is growing, please check malaysiastockbiz 3. CEO vision/credibility >>>> probably not good, keep playing own share 4. Moat >>>> KNM moat is in Impress Ethanol, Peterborough, Borsig, FBM Hudson. KNM itself probably does not have a moat and its name is tainted
It will not turn into a kampung company as long as Lee Swee Eng does not get involved in day to day operations.
But has BORSIG grown since its acquisition in 2008? First you mention 1500M revenue is easily achievable now you reduce that figure to 1000M. Since 2008 until now, why has revenue for borsig not increased even 5% YOY?
Only someone as unscrupulous as you can lie to the public about the 'treasure trove of old blueprints' and use this as an excuse for the poor performance over the past decade.
All I can say is that Lee Swee Eng is fortunate that he received financing in 2008 for the acquisition of BORSIG. Lastly, none of this justifies your unreasonable TP of RM3.00.
People question your sources and you use facebook pictures to justify your claim of impress ethanol running at full capacity... I am baffled that you consider this a reliable source of information to back up your claims.
One has to wonder the merit of all your claims. Instead of barking whenever someone disagrees with you, why don't you use your voting rights (since another one of your claims is that you own >5% of KNM) and put and end to the management's undeserving self enrichment plans?
Same old story. If I were you I would be embarrassed. Year after year bluffing the public about BORSIG. If BORSIG were so fantastic please enlighten me why share price is on a constant decline? Is it because of IDSS? Or weak hands from i3 forum?
aiyo, please stop arguing and attacking each other. Thank you both sardin81 and opensans for sharing your opinions and insights to the stock.
End of the day, we are all here to make money based on our OWN decisions. So whoever who buys based on just hearsay without doing your own vetting and research, you can only blame yourself at the end of the day if things go south.
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....
opensans
19 posts
Posted by opensans > 2020-09-02 15:31 | Report Abuse
His trend is predictable. When KNM move a little bit (above 6%) he will come out and make noise.
Same stories repeated: Impress ethanol ubi kayu feed, BORSIG world class engineering. If any of you read the QR, you will understand this company is headed no where.
There are only 2 explanations. The first, is that sardin is a reference to his brain size.
The second, is that this imbecile is complicit in Lee Swee Eng's unlawful activities.
Don't need to listen to his bright and colourful stories anymore. His claims are all based on rumours and heresay, not by evidence. This intelligent guy uses facebook images to back his claim that impress ethanol is fully functional and profitable.
New investors should be very weary and consider the following:
1. Revenue growth
2. Profitability
3. CEO vision/credibility
4. Moat
KNM is lacking in all. Invest your money elsewhere.