LOTUS KFM BERHAD

KLSE (MYR): LOTUS (8303)

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Last Price

0.155

Today's Change

0.00 (0.00%)

Day's Change

0.155 - 0.155

Trading Volume

31,000


1 person likes this.

1,766 comment(s). Last comment by mrDiesel 17 hours ago

sampool

634 posts

Posted by sampool > 2015-03-19 09:26 | Report Abuse

base on the share performance for 5 yr.. even no success with the deal... the share price will no go down much ady...

bearguy

210 posts

Posted by bearguy > 2015-03-19 09:32 | Report Abuse

it been losing money for 5 years...

sampool

634 posts

Posted by sampool > 2015-03-19 09:44 | Report Abuse

sure la.. if every year also make big money the market cap won't be 20mil lo.. it will be 200mil ady leh.

bearguy

210 posts

Posted by bearguy > 2015-03-19 09:47 | Report Abuse

with another 5 year it lose money, how you predict the share price stands?

sampool

634 posts

Posted by sampool > 2015-03-19 10:05 | Report Abuse

I dun think kfm is that bad until close shop la... if not nep won't even talk with them about rto initially.. no matter deal or not..

bearguy

210 posts

Posted by bearguy > 2015-03-19 10:44 | Report Abuse

jz telling my view. No matter what going on, please has your cut loss point

sampool

634 posts

Posted by sampool > 2015-03-20 00:02 | Report Abuse

the company need to put more effort in marketing their products and packaging.

bearguy

210 posts

Posted by bearguy > 2015-03-20 09:22 | Report Abuse

hope today got good news, then cepat cepat naik

king555

131 posts

Posted by king555 > 2015-03-20 16:19 | Report Abuse

hopefully got good news lo

cipapo

1,288 posts

Posted by cipapo > 2015-03-20 21:16 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/03/20/NEP-Holdings-scraps-takeover-of-Kuantan-Flour-Mills/?style=biz

KUALA LUMPUR: Loss-making Kuantan Flour Mills Bhd (KFM) will have to find another white knight after the proposed reverse takeover by NEP Holdings (M) Sdn Bhd was scrapped.

It told Bursa Malaysia on Friday the corporate exercise by NEP Holdings (M) Sdn Bhd, which sells water filtration system products under the Diamond brand, was called off just two months after inking the proposal.

KFM had on Jan 21 signed the heads of agreement with NEP’s 99.9% owner Lim Chang Huat, which would have led to Lim emerging as the controlling shareholder of a new entity (newco) that would take over KFM’s listing status.

Under the proposal, the newco would acquire NEP for a purchase consideration to be determined later. The parties had also agreed t the newco shares to be issued to Lim as consideration for the proposed acquisition be fixed at 45 sen each.

On Friday, KFM announced the final date to execute the definitive agreement was March 20 and both parties had mutually agreed not to seek for a time extension. Hence the HOA terminated on Friday.

“The board of directors of KFM acknowledges the current financial position of KFM and will continue to actively identify new business ventures or assets to improve the financial performance of KFM in the long term,” the company added.

KFM made a net loss of RM3.16mil for the nine-month period ended Dec 31, 2014. The stock closed up 0.5 sen to 33 sen on Friday.

finish news....

kakijudi

1,086 posts

Posted by kakijudi > 2015-03-20 21:51 | Report Abuse

Hahaha of course finish lor. Sell all your shares to me okay? ;)

bearguy

210 posts

Posted by bearguy > 2015-03-22 10:19 | Report Abuse

Told ya

Kenny Foo

232 posts

Posted by Kenny Foo > 2015-03-22 16:52 | Report Abuse

Flour miller Kuantan Flour Mills Bhd’s (KFM) proposed reverse takeover (RTO) exercise of water filtration systems provider NEP Holdings (M) Bhd (NEP) has been terminated, as both parties were not able to execute the definitive agreement by the agreed deadline.

Under the heads of agreement (HoA) between KFM (fundamental: 0.8, valuation: 0.6) and NEP signed in January 2015, both parties are obliged to execute a definitive agreement no later than two months from the date of the HoA or such other date as the parties may agree in writing.

KFM told Bursa today, it had decided not to seek for an extension of time to execute the definitive agreement and therefore had terminated the HoA.

Kenny Foo

232 posts

Posted by Kenny Foo > 2015-03-22 16:52 | Report Abuse

prepare for selling on monday

sampool

634 posts

Posted by sampool > 2015-03-22 18:12 | Report Abuse

I wonder how much it can still go down with market cap 20mil only... hehe.. I doubt the selling pressure in early or the month already reflect the news somehow.

bearguy

210 posts

Posted by bearguy > 2015-03-23 08:59 | Report Abuse

once break 0.3, then break all time low. Market cap 20mil? every year it make losing money of 3-4m. let see how it shrink ur market cap

kakijudi

1,086 posts

Posted by kakijudi > 2015-03-23 09:10 | Report Abuse

anyone else want to sell? hahaha

bearguy

210 posts

Posted by bearguy > 2015-03-23 09:30 | Report Abuse

kakijudi, what is ur average price of this stock

exora

2 posts

Posted by exora > 2015-03-23 10:41 | Report Abuse

lets buy

kakijudi

1,086 posts

Posted by kakijudi > 2015-03-23 14:49 | Report Abuse

hi bearguy. my average is not very high :)

kakijudi

1,086 posts

Posted by kakijudi > 2015-03-23 14:50 | Report Abuse

but dont you see its very well supported at 30? hehe. dont worry lah.

lantisboy

117 posts

Posted by lantisboy > 2015-03-24 11:42 | Report Abuse

will kfm bounce back?

sampool

634 posts

Posted by sampool > 2015-03-24 12:06 | Report Abuse

this stock no many players to manipulate.. so, easy to guess the trend.

irene09

3 posts

Posted by irene09 > 2015-03-24 12:23 | Report Abuse

what is the target price?

bearguy

210 posts

Posted by bearguy > 2015-03-24 12:29 | Report Abuse

will collect at 0.25-0.26. up to you guys.

sampool

634 posts

Posted by sampool > 2015-03-24 12:37 | Report Abuse

Now 19mil market cap.. for some ppl just sell 1 shop lot in KL (said 1 shop worth 2mil).. can become directors of the company already. hehe...

860415

6 posts

Posted by 860415 > 2015-03-24 13:08 | Report Abuse

blh beli????

bearguy

210 posts

Posted by bearguy > 2015-03-24 14:08 | Report Abuse

errrr...lol. u can take Rm2 to set up a sdn berhad and become ceo. What for buying a directorship for continue losing company for 2mil?

bearguy

210 posts

Posted by bearguy > 2015-03-24 14:10 | Report Abuse

they 1 year lose 2 shop lot in kl (3-4m). One year you gone 1 shoplot in kl . bye bye

bearguy

210 posts

Posted by bearguy > 2015-03-25 12:09 | Report Abuse

catch rebound around 0.26, only chance

sampool

634 posts

Posted by sampool > 2015-03-25 13:06 | Report Abuse

Maybe 0.27 will rebound..

bearguy

210 posts

Posted by bearguy > 2015-03-25 16:28 | Report Abuse

up to you, me 0.26.

sampool

634 posts

Posted by sampool > 2015-03-25 16:45 | Report Abuse

if jump to 0.26.. just sell one unit semi-d in KL, can qualify as director lo.. not need sell shop.. hehe

bearguy

210 posts

Posted by bearguy > 2015-03-25 17:01 | Report Abuse

closing price down 1sen by 1 sen. no nid sell semi-d. when it reach 0.2, sell ur car and be director ba. cant wait to see ur name on bursa

sampool

634 posts

Posted by sampool > 2015-03-25 18:13 | Report Abuse

if the car is BMW can la.. hehe

bearguy

210 posts

Posted by bearguy > 2015-03-26 10:37 | Report Abuse

is today, can feel the timing. be alert, find entry point

sampool

634 posts

Posted by sampool > 2015-04-02 15:03 | Report Abuse

hope closing today at 0.3

Posted by Lee Boon Chai > 2015-04-02 17:42 | Report Abuse

good sign

kensen

396 posts

Posted by kensen > 2015-04-02 21:15 | Report Abuse

At current price with that type of balance sheet, obviously is over value... is time to sell and.go ahead with other stocks

sampool

634 posts

Posted by sampool > 2015-04-02 21:52 | Report Abuse

see how it perform tmr la..

kensen

396 posts

Posted by kensen > 2015-04-02 22:06 | Report Abuse

Sampool, i think take profit 1st. Then wait and see

bearguy

210 posts

Posted by bearguy > 2015-04-03 11:07 | Report Abuse

yaa.. someone is manipulating the stock, the volume can suddenly appear suddenly disappears.
Not worth to trap by those fella

bearguy

210 posts

Posted by bearguy > 2015-04-03 11:08 | Report Abuse

me 0.26 enter , now straight throw. no mercy.

sampool

634 posts

Posted by sampool > 2015-04-03 12:14 | Report Abuse

as long as u put money in stock market... u urself must prepare to be trap la.. what the penny stock not being goreng by the way.

kensen

396 posts

Posted by kensen > 2015-04-17 21:58 | Report Abuse

Next week TP RM0.32...

kakijudi

1,086 posts

Posted by kakijudi > 2015-04-18 13:13 | Report Abuse

Km is coming already. Watch out

sampool

634 posts

Posted by sampool > 2015-04-19 22:56 | Report Abuse

What is Km

kensen

396 posts

Posted by kensen > 2015-04-21 05:48 | Report Abuse

Hahaa. Accumulated enough. Let us see how it flies

warchest

1,814 posts

Posted by warchest > 2015-04-23 07:40 | Report Abuse

Consumer stocks picking-up.
Can take a bet at current price. Short term may go at least 15%

sampool

634 posts

Posted by sampool > 2015-04-28 17:34 | Report Abuse

why no news?

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