Why I Like KNM Even So Much More Today!

But... but... but.... but....... the lower the stock falls, the better for the MD.

Which means he could come back with a new LOWER MBO offer price.

What a brilliant idea! The board of directors are not kicking him out, so why not make the stock fall lower and then offer a LOWER MBO price? Lower means cheaper. Good eh?

End of the day it's a rich man's world!

Which means if we are the smartest we could all jump in we could also make a nice tidy profit from his new LOWER MBO offer price!


How could we fail with such a sure win strategy?

After all, we do not know what the final offer price BlueFire Capital, together with GS Capital Partners and Mettiz Capital offered. ( Mettiz Capital is owned by Michael Tang Vee Mun, while GS Capital Partners is a unit of Goldman Sachs. (Goldman who???))

So smart KNM did not reveal what the final offer price was.

And because no price was revealed, the 90 sen price is already out-dated and out of the equation!

MIB (no it does not stand for Men In Black but it stands for Mayban Investment Bank) had believed ( or is it speculated?) that a final bid was made between 60 and 70 sen.

Objectivity is to get the offer price lower yes?

No money, no honey yes?

Now that KNM had dropped to just 60.5 sen, surely BlueFire Capital can squeeze the board of directors with an offer of 70 sen.

(Hmm.. at 90 sen, KNM is valued at 3.6 billion. at 70 sen KNM is valued at 2.8 billion. Wah! Cheaper by 800 million! Yeah every 10 sen down, KNM is valued 400 million cheaper. )

Yeah.. yeah... yeah... take it or leave it. (Life is good, no?)

So if we smarter, can we not jump in and whack the stock? how can we not win money?

Or if we are even the smartest, we wait for 50 sen.

If no offer come, we buy more at 40 sen.

Still no offer, we buy even more at 30 sen.

What 30 sen also no offer, sure win and no lose teeth la, we buy even much more at 20 sen.

Can ah?

How?

Life is good or life is simply GOOD!






Oh... I do need to make a disclaimer here.

Hmm.... Can I can guarantee that you may not make money if you simply follow my insane logic here? Can I use such disclaimer? Do I need such disclaimer?

On a less serious note, would it not be NICE (some use the word TRANSPARENT) that KNM comes clean and tell the public what was the final offer made by BlueFire Capital?