Tuesday, September 7, 2010

Posted on VK Member site on 2/9/10

Don't Touch KNM

KNM big down because of the worsen earning result and propose shares consolidation. Never touch this stock when the situation is uncertain. It may go down some more. What kind of game they are trying to play? Back to 2005 it is the best stock. It gave bonus issue, split and split until the PAR became RM0.25. Now they want it to go back to RM1.00 PAR. How come like that?? Do you think the investors like the game?

I) PROPOSED SHARE CONSOLIDATION INVOLVING THE CONSOLIDATION OF EVERY 4
EXISTING ORDINARY SHARES OF RM0.25 EACH IN KNM GROUP BERHAD (KNM) (KNM SHARES) INTO 1 NEW ORDINARY SHARE OF RM1.00 EACH IN KNM (CONSOLIDATED SHARE) (PROPOSED SHARE CONSOLIDATION);