After you sell at 43sen, then stands a better chance to go up.

no matter at what price. I only made $ from KNM last year. This year nothing.

no matter, will standby 15K to buy KNM at 75cts

U mean the news? Of course la reliable
But whether the company can really achieve the target, you'd have to wait for the report to be released

It is not true if you read the report.

1B is about the future , not now.

Profit is more imp to me.

Ah...those were the days....
Remember it well....

well ... is it a good price now at .435? i was tempting to buy but i doubt whether it's too high already

Hm come to think of it, I agree with what you said
the report about the potential 1b sales is about the future

I like company turnaround from loss to profit.

kinda of undervalued.

i tot that news was about developing in india and some 3rd world countries ....? the 1bln sales it means is few years later punya matter

Keep an eye on KNM.

Strong support level at RM0.79.
Previous support level at RM0.825 is now resistance level.
To break RM0.825, it needs strong momentum(buy-in).

If the price closes below RM0.79, you may want to consider take profit or loss then wait for the next opportunity.

Good day and have fun in trading.

www.klsemarket-trend-reveal.blogspot.com

Good point...
Why would they do that?

If a co got "substance" , they want to collect back the shares first from the weak holders,

and let people chase after it during the goreng process.

Just guessing only.

how's steel's outlook lol.... reports seemed to look fine

Wonder what it will go to when they announce the results
I've been holding since May at 0.37.
The book-value of their land bank is HUGELY understated IIRC

If i know, i could be Billionaire.

There's that word again: "IF"

huaan flying again

cannot simply adjust the book value, accounting issue, RECORD at PURCHASE PRICE, no?

In stock market, what investors most concern is the ability of the company generate profit, not about what they owned (important also, but more secondary).

Just like BAT has nothing in their book, but every year it can generate lot of profit and dividend to its shareholders, which make lot of people want to own it eventually higher share price.

So back to a property company, it might have lot of land, but those just vacant land which generate nothing to the company, so investors are less interest compared to BAT as above example, so lower share price.
The situation is as same as a shoplot, you can own a shoplot at 500K but no tenant, so even at your book worth 500K, it is a liabilities as it generate nothing while need to pay quit rent and assessment every year. So it is not right for investors to buy the equivalent 500K bookvalue (or NTA) althought those properites might have potential for appreciation.

Just needs a qualified valuer to do so.