Alert - Kenmark share price dropped 90% within 1.5 trading day

You might have noticed that the trading volume of furniture manufacturer Kenmark (7030, Consumer Products) surged during the last trading day (Thursday 27 May 2010) as well as today morning. This has made this lowly traded stock suddenly emerged to be the top traded share this morning.

This is not a good news though. Its share price dropped tremendously with the sudden volume.

Kenmark's price used to hoover around 85 sen for a long time. However, by today 10am, its price has tumbled 90% to around 10 sen only, as a result from sudden drop last Thursday and this morning.

You can obtain information of the cause for this unusual share price movement in Bursa Malaysia's website in a reply filed by Chong Fui Tzy in respond to its unusual market activity (UMA) query.

It is reported that their Managing Director, James Hwang, is missing in action and uncontactable. Their Deputy General Manager, Goh Kim Chon, together with their Finance & Admin Manager, have both resigned suddenly.


"The Independent Directors had on 29 May 2010 morning gone to the Company’s premises at Port Klang and noted that the premises have been sealed and a security guard has been placed to secure the premises."

Their creditor, EON Bank, has sealed their factory and is taking action to take over their asset. Certain suppliers had gone into their premises to recover stock and raw material from them.

Shortly after the UMA reply announced, Kenmark has been suspended. It will resume trading by tomorrow (1 June 2010).

This is an alert to all speculators who have bought or intend to buy the shares of Kenmark: make sure you really know what you are doing.

Disclaimer: This article is intended for sharing of point of view only. It is not an advice or recommendation to buy or sell any of the mentioned stock counters. You should do your own homework before trading in Bursa Malaysia.

Fixed Garmin suction cup mount fall off from windscreen problem

After about 1 year of usage, the suction cup mount of my Garmin GPS often fall off after about 1 hour sticking onto the windscreen. Sometimes, it even fall off at shorter time, especially during rainy day.

I found an easy solution to fix this problem. Just merse it into hot water (70-80 degree Celcius) for about 1-2 minutes, and the rubber suction cup will restore its suction power!

If you also faced the same problem, try this solution and share with us whether it works for you or not. If you have other solutions as well, please share with me too.

About Secure Digital (SD) memory cards

Secure Digital (SD) cards are small memory card widely used in many portable devices nowadays.

The devices that use SD memory cards include digital cameras, mobile phones, PDAs, digital camcorders, GPS navigators, netbooks, media players, etc.

Beside being the data storage medium in those portable devices, SD memory cards is also a handy medium to transfer data from one to another. As such, newer computers, laptops, televisions, etc. also equiped with SD card reader to enable them display graphics and/or videos in the SD card onto their screen. Certain printers (including my Brother DCP-130C) also have SD card slot to print out images in the SD card directly.

SD memory cards come in 3 different physical sizes:

• Standard SD - 32 × 24 × 2.1 mm
• miniSD - 20 x 21.5 x 1.4 mm
• microSD - 15 x 11 x 1.0 mm

Adapters are available, and usually sold together with the card, to convert smaller size card into larger one, such as from miniSD to Standard SD.

In terms of storage capacity, there are also 3 types:

• Standard SD - up to 4GB
• High Capacity (SDHC)  - 4GB to 32GB
• Extended Capacity (SDXC) - 32GB to 2TB

Certain devices, especially the older one, don't support SDHC nor SDXC. And some even older devices only support standard SD up to 2GB only.

In terms of writing speed, you might find the SD memory cards labelled as:

• Class 2: 16 Mbps (2 Megabytes ps)
• Class 4: 32 Mbps (4 Megabytes ps)
• Class 6: 48 Mbps (6 Megabytes ps)
• Class 10: 80 Mbps (10 Megabytes ps)

The lifespan of SD memory cards, if used properly and handled with care, is normally around 100k write cycle or 10 years. That should be good enough for normal users.