KYK - Good Turnaround/ Recovery bet, page-2

Completely agree with your investment thesis! Only thing - I'm not sure if the share price will climb back up to 8 - 9 cents in the short-term as the market wants clarity on the (likely) upcoming capital raise. Of course, a strong result for the last quarter of FY20/21 could prompt a share price spike, but it would need to be a belter.

I also see a strong chance for one of KYK's partners (e.g. BAE Systems) to buyout KYK. However, any offer below 12 - 13 cents would be under-calling KYK's long-term potential.