hei yungshen your saying:"it very difficult drop to 0.050 again. it will continue gain" ===> its lowest was 0.095 and the starting price when it was issued , was 0.10 , what the hell "again",
yalor, should hold till now..but no choice la my bullet not much, cos i want bullet to cliq WA..hehe!! must give up either 1 nx time got tip should let you know
by Kamarul Anwar of theedgemalaysia.com on Wednesday, 22 May 2013 07:47
KUALA LUMPUR (May 22): KNM Group Bhd shares and warrants surged as much as 11% and 28% respectively to become the most-actively traded entities across the bourse.
This comes amid prospects of the process equipment manufacturer listing its subsidiary in Singapore and investors’ current interest in oil and gas (O&G) stocks.
At 3:07pm, KNM shares gained four sen or 7.77% to 55.5 sen after trading as high as 57 sen. A total of 86.1 million shares changed hands.
Concurrently, the company’s warrants jumped 2.5 sen or 20% to 15 sen with a trade volume of 80.17 million. The warrants were earlier traded at a high of 16 sen.
KNM investor relations officer Stanley Khoo told theedgemalaysia.com that KNM benefited from investors’ current interest in the O&G sector.
“The market is hot with O&G counters right now,” Khoo said over telephone.
He also said KNM’s plans to list its German-based subsidiary Borsig GmbH on the Singapore exchange “is still intact”.
This is despite a recent news report quoting KNM managing director Lee Swee Eng as saying that the company has yet to submit any proposal to do so.
“The company (KNM) has plans to get Borsig listed (on the Singapore stock exchange) by the end of this year,” said Khoo.
According to the news report, UOB Bank Ltd has valued Borsig at between RM1.8 billion and RM1.9 billion after taking into account the RM500 million loan repayment made to date to Malayan Banking Bhd.
KNM could also raise up to RM475 million by taking Borsig public, assuming it divests 25% in the company, acccording to the news report.
i just sell notion cos hold too long time, more than 6 month padini & digi is potential counter,hold maybulk and xdl i did not do reseach knm also just sell, but u can hold and sell at your TP
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....
ambani
122 posts
Posted by ambani > 2012-11-20 09:11 | Report Abuse
Sold mine at 0.105.