Not selling TM meh, just now hitting RM 3

Selling party - FMR LLC (FMR). 2. FIL Limited (FIL). Balance - 199.2m
shares (5.1%)

These two ceased to be major shareholders, from the latest filing.

This post has been edited by SKY 1809: Nov 26 2008, 03:31 PM

Plse read the latest filing 29C on 24/11/2008- these 2 funds ceased to be substantial shareholders.

I do not know what is the balance left.

----------------------------------------------------------------------------------------------------------------------------
Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference No KG-081124-41660
Company Name
:
KNM GROUP BERHAD
Stock Name
:
KNM
Date Announced
:
24/11/2008

Particulars of substantial Securities Holder
Name
:
1. FMR LLC (FMR)
2. FIL LIMITED (FIL)
Address
:
1. 82 Devonshire Street, Boston, MA 02109
2. Pembroke Hall, 42 Crow Lane, Hamilton, HMCX, Bermuda
NRIC/Passport No/Company No.
:
See Remarks
Nationality/Country of incorporation
:
See Remarks
Descriptions
(Class & nominal value)
:
Ordinary shares of RM0.25 each
Date of cessation
:
18/11/2008
Name & address
of registered
holder
:
FID Diversified Intrntnl Sub A,
JP Morgan Chase Bank
Number of securities disposed
:
3,497,600
Price Transacted (RM)
:
Circumstances
by reason of which a person ceases to be a substantial Securities
Holder
:
Sale - Simple Portfolio Investment
Nature of
interest
:
Indirect
Date of notice
:
19/11/2008

Remarks
1.Company No: (a) FMR LLC 3220238 (b) FIL EC01462
2. Nationality/country of incorporation : (a) FMR LLC - Delaware, Boston (b) FIL - Bermuda
3. % interest is based on total issued and paid-up share capital less Treasury Shares held as at 24 November 2008.

This announcement is dated 24 November 2008

This post has been edited by SKY 1809: Nov 26 2008, 03:42 PM

KNM would be just another TM ( not the price ) , if you could hold for a month

Everyday also got special offer .

Cash is really king.

Genting is writing off Impairment cost of its UK Casinos by RM 300m this Q.

The EPS is negative this Q.

Our Malaysians CEOs seem to catch some flu from Wall Street by repeating mistakes after mistakes.

A big sell down of their shares may be good for small investors to buy at bottom.

This post has been edited by SKY 1809: Nov 27 2008, 08:46 PM

Ramunia is losing money in last Q and the coming Q.

It is quite diff from KNM though both are in the same sector.

Short term trading, no comment.

I do not Think Junior Lim is Kiam Saip, he fairly rewards the CEO with very attractive pay package.

The cash pile in Resort and Asiatic are stand by emergency funds for Genting, just in case .

In a way, it is unfair to both resort and Asiatic minority shareholders.

I do not think FF like it very much ( the ways they are treated ).

The recent buy up of US companies are good indication of how cash piles could be used.

This post has been edited by SKY 1809: Nov 28 2008, 08:38 PM

It does not give a good indication of how our CEOs are doing.

Country likes Singapore tends to benefit from Malaysia poor managements.

Well, IOI is changing towards investors friendly.

The share has more upside than Genting group.

Just my 2sen.

Well, IOI is climbing up to see bro Genting.

Genting is moving down to see his junior bro IOI.

They could meet somewhere in RM 3++.

Could me if I am wrong.

I prefer to buy sold down stocks ( more or less penny now ) but they are still fundamental good though not very strong. I do check with analyst reports from time to time.

Why I prefer Penny Stocks ( with fundamentals ) for medium to long term ?

1) I can buy in bulk e,g 30,000 to 40,000 shares
2) using DCA is not a real problem
3) What comes down , would eventually go up one day
4) Stocks that have the chances to appreciate 50% to 100% in 6 months or 1 year time.

Stocks I still hold

1) KNM
2) Kinsteel
3) Huaan

Sold down stocks bought and sold

1) IOI
2) TM

My weakness is I tend to take profit if stocks surge 20% or more , instead of holding for long term.

Holding Power is the key to investments now.

For the purpose of sharing. Do not suggest you to buy.

This post has been edited by SKY 1809: Nov 29 2008, 11:15 AM

I notice that Bursa does put up some good stocks for special offers almost every week.

But next week, AA might not be good. Judge your own.

The sad thing is most forumers are happy with only 2sen profit in the short term.
. Again, I personally would disagree a 2sen profit expected from Resort World like the other forumers.

But I still respect their decisions, after all.



This post has been edited by SKY 1809: Nov 29 2008, 03:34 PM

I believe AA would be pravatalised and the Arabs ( like the case of Maxis ) would have a substantial stage.

What is the fair price ( a token ) to take private , I would not know. Just guessing.

Correct me if I am wrong.

This post has been edited by SKY 1809: Nov 29 2008, 11:45 PM

I would not buy AA.

But my friend, HTT is a long term investor in AA.

So just supply some of the possible solutions.

P/S: rumour that AA is connected to some tele boss.

This post has been edited by SKY 1809: Nov 29 2008, 11:53 PM

One funny thing about the forumers is they expect only their shares like YTL Power to go up, but other stocks to drop like stones.

Correct me if I am wrong.

This post has been edited by SKY 1809: Nov 30 2008, 09:59 AM

A better way to invest in Plantation Stocks is to follow the old uncle way of investing. Just buy at your price and becomes forgetful of what you bought for the next 3 to 5 years.

Do not need to check the weather reports ( flooding, half the Indo sinks and so on ) on daily basis.

This post has been edited by SKY 1809: Nov 30 2008, 10:13 AM

Perhaps they fire the CEO this time, so you could buy at below RM 2.00

Hope you keep your words, do not buy any shares if CI is above 700 pts or stocks not reaching your buy target.

happy waiting.

This post has been edited by SKY 1809: Nov 30 2008, 09:48 PM