KPO 33.3% 0.4¢ kalina power limited

Wasabi, page-19

  1. 5,578 Posts.
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    I think for some reason in the last couple of weeks everyone from EMC, to CFO,DTZ,XPE,NTI..... and even the latest favourite IAM has started retracing gains.

    There has been a general down turn in RTO/IPO space, it's abit of panic and abit of end of year profit taking, knowing everything is winding down for the year, I don't think it's KPO specific and I don't think it's a concern.

    I wouldn't start jumping at shadows on the sinopec deal, I have been living and working in China for 12 years now and the fact the started a new J/V in China to handle the Chinese business going forward, that tells me they are giving us more plants, it's just the way things go here.

    Look at Beijing right now I am here the pollution is disgraceful they are doing anything they can to cut emissions KPO is well placed.

    Come late Jan 2017 when the Christmas period is over people will get hungry to take risk and make money again, things will start picking up.
 
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