kim in a lot of trouble

KIM has disappointed the market with its investor presentation on the 7th September, 2004. Its cash flow forecasts are significantly different (really bad) compared to the forecasts (really good) made in July. management now have a credibility issue. Com Bank who has been supporting the stock now appear to be a seller. Like all institutions, as soon as they go off a stock they sell out as fast as they can at whatever they can get.

Its not looking good at all!