Hi folks, how's your OSK Investment Challenge result so far? The contestants will have about 1 week to go before the winners are born. For contestants, if you managed to hit GENS and KBUNAI in your list on last week, you are the man. Talk about KBUNAI, have you been to Karambunai Resort for vacation before?
It is a very beautiful and fascinating resort, a gift for Sabahan and visitors. The beach is unpolluted and fill with white and clean sands. I love to visit there. Perhaps you can plan your next vacation over there one day. Back to Kbunai's fundamental, the company has made 6 consecutive disappointing net loss quarters. The share price has been fallen from the peak since 1997. It's pretty upset if you are one of their shareholders. You won't invest in this kind of stock even you love the resort and it's beach, would you?
Quaterly financial result were all red...
Karambunai Resort at Kota Kinabalu, Sabah.
Thanks to the stupid casino proposal speculation, it's share price boosted 227% within the last 3 trading days. A very good and quick profit for short-term investors, just like GENS? According from the price chart, 2/3 of the total 3 days volumes only came in on the last trading day. Since the speculation has been denied by the company on Friday evening, we can expect a sharp fall and good commissions for broker firms on coming Monday morning?
Interesting. Let's see KBUNAI opening price on Monday morning.
Posts
