revenue up
lost 22mil
see sign of recovery
what next??

Can someone enlighten me how this happened?
Net loss of 2.11 sen a share.
But the Net Asset per share rose by 1 sen
What magic is this?

Asset based on fair value, some asset might have adjustment but not reflected in P&L.

So, they encounter loss... will this share increase again??

Date = 29/5/2009

Last Done Price = 0.45

4Q'08 -> loss heavily
1Q'09 -> loss not so heavily
2Q'09 ->
judge yourself.
cash position stronger at least.

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Added on May 29, 2009, 6:48 pmThat's the translation different that made the magic, because RM drop against CNY I think, accounting treatment things, no big deal.

This post has been edited by htt: May 29 2009, 06:48 PM

The funny thing is, when it was trading at 20sen, everythings looked very risky.

At 45sen, the chance of collapsing seems to diminish .

Basically, odeli double up from 20sen , since our last discussion about 6 six months ago.

So fundamental involves a price, more you pay for it, the better it is.

This post has been edited by SKY 1809: May 30 2009, 10:47 AM

Yeap. Like Chinese saying "Hou Yeh Mou Phank Yeh, Phank Yeh Mou Hou Yeh" (Good things don't come cheap, Cheap things don't come good.)

KNM drop to 0.30 but now was up to 0.90
up 200% fromm the bottom of past few months.
only 100% for Huann. I believe Huann try to make big loss in past few quarter, so that he can declare higher record profit in next quarter and goreng his share price again but 3-6 months later

Note: No one predicted KNM could jump from 0.20 to 8.00 in the peak time. that was 4000% return in past few years.

This post has been edited by Joe2009: May 30 2009, 11:12 AM

looking back and talk is very easy , just check the papers, there are many first prizes you could possibly miss.

Looking forward is tough.

What would the price of KNM in 6 months time ?

This post has been edited by SKY 1809: May 30 2009, 11:29 AM

the worst may come again, this time no more morgate or credit card issues but forex. same problem occurred at Asia on 1997. It could be worst than 1997 because it will involve USA and Europe countries this time.
Too many money was printed in the market and the money value could drop at anytime. once USD shrink again, the inflation could caused US market even worst, oil price surge, spending power drop and it will affect all Asia countries that well known as manufacturers. unemployment rate up, morgate issue, credit card issue will slowly start at Asia. Asia countries need to print more money like what US and Europe doing now to save their economy. Asia money value will drop to overcome all issues that facing by Europe and USA now in later year. If Asia did not manage it well, you could fell what will happen next. But just hope this will not happen.

This post has been edited by Joe2009: May 30 2009, 11:48 AM

Think when it was trading at 20 cents that time, the market is deem to be on the verge of collapse, but now everyone is so optimist again... hai...
Think have to pick up something so I don't miss the train totally (already did that). Hai...

Date = 1/6/2009

Last Done Price = 0.525

hehehe this counter got more to go..

hopefully can c 0.585

i am hoping for RM1 like KNM...

is tat true???

then gold's market should got more potential~!! ???

This post has been edited by AutumnFoliage: Jun 1 2009, 05:32 PM

sold 200lots huaan at 0.59, too fast to act. anyhow, just play contra. earned some kopi money.

If nothing, happen it will surge tomorrow.

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Added on June 1, 2009, 6:56 pmThat is possible. Forex can kill the company profit especially the company mainly doing oversea business. this crisis now is better because all counties have start injecting money before the worst come but need to handle it careful. Anything happen that could be another chance for us to goreng the huge profit again if you have cash on hand.


This post has been edited by Joe2009: Jun 1 2009, 06:56 PM

Date = 2/6/2009

Last Done Price = 0.515


Date = 3/6/2009

Last Done Price = 0.53

This post has been edited by smartly: Jun 3 2009, 04:57 PM

Every penny counters also want to follow KNM.

Pelikan up up today. lose a chance to goreng with the market.