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Last Price Today's Change   Day's Range   Trading Volume
0.19   -0.005 (2.56%)  0.185 - 0.195  30,812,600
53,773 comment(s). Last comment by JoshuaMS7 at Jan 18, 2021 4:18 PM
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Survivor13
453 posts

Posted by Survivor13 > Nov 9, 2020 9:25 PM | Report Abuse

KNM, move up tomorrow. TP 40


jek2288
206 posts

Posted by jek2288 > Nov 9, 2020 9:47 PM | Report Abuse

Big news on the horizon??


tkl88
8711 posts

Posted by tkl88 > Nov 9, 2020 9:50 PM | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !


tkl88
8711 posts

Posted by tkl88 > Nov 9, 2020 10:53 PM | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.


tkl88
8711 posts

Posted by tkl88 > Nov 10, 2020 12:05 AM | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !


kuttyravi
177 posts

Posted by kuttyravi > Nov 10, 2020 12:41 AM | Report Abuse

truesight 1122 , I rarely put my comments here , I did not indulge in any personal attack ....pls read again my comments , I suggest you maintain minimum sense of decorum while you addressing against my personal view .....failing which I track you down and personally I got the resources to do that ....if you still maintain your irresponsible composure and If you think im not serious then I may confront you personally and it wont be a pleasant moment for you .....Please exercise your liberty in a civil manner.....Well if you think you can continue the same way then try once more ....Thanks


Chonglim88
18 posts

Posted by Chonglim88 > Nov 10, 2020 12:59 AM | Report Abuse

come on kuttyravi cool down .....im new here just bought 16.5 KNM last week .... are you main shareholder of in Mieco , redtone , th heavy ... I think your name kutty appeared in top 30 main shareholder at least few years ago ....just asking ...


Chonglim88
18 posts

Posted by Chonglim88 > Nov 10, 2020 1:08 AM | Report Abuse

guys , cari makan here with only small investment any other good share pls share


Chocolates
23 posts

Posted by Chocolates > Nov 10, 2020 6:53 AM | Report Abuse

Superb good news, the oil price spike as news of promising covid-19 vaccine boosted hopes of economic recovery and gave big boost for the crude oil demand outlook in long term. Oil counters will move up and hopefully KNM will move up strongly towards it's target price 50 cents by end of this year.


jek2288
206 posts

Posted by jek2288 > Nov 10, 2020 7:56 AM | Report Abuse

Soaring .topvolumn bignews otw?


tkl88
8711 posts

Posted by tkl88 > Nov 10, 2020 9:06 AM |

Post removed. Why?


CK101
22 posts

Posted by CK101 > Nov 10, 2020 12:16 PM | Report Abuse

What's the catalyst to be euphoric?

"today will be closed at 0.45" is just a dream for every one of us.

Hehehe.


Chonglim88
18 posts

Posted by Chonglim88 > Nov 10, 2020 1:52 PM | Report Abuse

wow , shall I sell or hold ...aiyah now pening kepala.....


jek2288
206 posts

Posted by jek2288 > Nov 10, 2020 2:56 PM | Report Abuse

Leaping up strongly .big big buy in?


tkl88
8711 posts

Posted by tkl88 > Nov 10, 2020 3:28 PM |

Post removed. Why?


GambleKing
26 posts

Posted by GambleKing > Nov 10, 2020 3:39 PM | Report Abuse

Oil counters will be continue rising on covid 19 hopes. Knm will hit the target price 50 cents by end of the year as it started to turn upward trend and expected its better performance in this coming 3rd quarter report. Just buy and keep while price still very low.


GambleKing
26 posts

Posted by GambleKing > Nov 10, 2020 3:42 PM | Report Abuse

Oil counters will be continue rising on covid 19 vaccine hopes.


NPRA1985
3280 posts

Posted by NPRA1985 > Nov 10, 2020 4:45 PM | Report Abuse

How long can the bull run last? Is it due to vaccine? Just afraid of Biden later.


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 10, 2020 5:25 PM | Report Abuse

Peewiittttt


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 10, 2020 5:26 PM | Report Abuse

KNM.. Armada.. Hibiscus.. Velesto


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 10, 2020 5:26 PM | Report Abuse

Kaya kaya kaya


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 10, 2020 5:26 PM | Report Abuse

New audi.. New bungalow.. New wife


Chonglim88
18 posts

Posted by Chonglim88 > Nov 10, 2020 5:31 PM | Report Abuse

deepavali ang pao .....lets wait tomorrow wondering can still go up ?


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 10, 2020 5:34 PM | Report Abuse

Lagi 2 kali depavali baru aku jus la


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 10, 2020 5:34 PM | Report Abuse

Or to 60 cents

Which one come first


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 10, 2020 5:35 PM | Report Abuse

New wife are waiting


TunPika
438 posts

Posted by TunPika > Nov 10, 2020 10:35 PM | Report Abuse

New sports car coming


jek2288
206 posts

Posted by jek2288 > Nov 10, 2020 11:38 PM | Report Abuse

Knm may bull run from tomoro.my guess only basing on its oversold position from last year.tp 40


TunPika
438 posts

Posted by TunPika > Nov 10, 2020 11:52 PM | Report Abuse

Yes new house coming


TunPika
438 posts

Posted by TunPika > Nov 10, 2020 11:53 PM | Report Abuse

Go knmmmmmmmmmmmmmm


tkl88
8711 posts

Posted by tkl88 > Nov 11, 2020 1:21 AM | Report Abuse

Wow, oil price continue to spike up !
As at 1.20am,
Nymex=> $41.29 ‪(+1.00) (+2.48 %)‬
Brent => $43.44 ‪ (+1.04) (+2.45 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬


tkl88
8711 posts

Posted by tkl88 > Nov 11, 2020 7:57 AM | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !
Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) !

Huat ah ! Heng ah ! Ong ah !


TunPika
438 posts

Posted by TunPika > Nov 11, 2020 8:20 AM | Report Abuse

TP 40 this week, yak yak yeah


TunPika
438 posts

Posted by TunPika > Nov 11, 2020 8:51 AM | Report Abuse

Go knmmmmmm


truthspeaker69
154 posts

Posted by truthspeaker69 > Nov 11, 2020 9:13 AM | Report Abuse

When you see people cheering about new car, new wife etc. you know trouble incoming. Best of luck just remember gamble safe. Do not gamble your underwear away ;)


CK101
22 posts

Posted by CK101 > Nov 11, 2020 9:38 AM | Report Abuse

truthspeaker69,
What you said above might not be the truth of what the people wrote.

It's their expression of excitement over something they got excited.

What's so bad about shouting some euphoric words? However, on the contrary, would they help to boost the market sentiments by crying all those pessimistic words?

Please consider both sides of a coin before your biased comments.

Please note: No offence is intended.


TunPika
438 posts

Posted by TunPika > Nov 11, 2020 11:23 AM | Report Abuse

Brent oil road to $50


Kiyoshi Paradise
488 posts

Posted by Kiyoshi Paradise > Nov 11, 2020 12:03 PM | Report Abuse

TunPika Brent oil road to $50
11/11/2020 11:23 AM

Why only brent ? not wti ?


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 11, 2020 12:53 PM | Report Abuse

Layan layan


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 11, 2020 12:53 PM | Report Abuse

60 cents kambing


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 11, 2020 12:54 PM | Report Abuse

Emmbekkkkkkk


Jack Y
569 posts

Posted by Jack Y > Nov 11, 2020 5:49 PM | Report Abuse

z............z....z........ knm is not oil and gas company!!!! zzzzzz but oil price up....knm also up~~ yeah!


Chonglim88
18 posts

Posted by Chonglim88 > Nov 11, 2020 6:08 PM | Report Abuse

aiyah didn't go up ....


sakthi
84 posts

Posted by sakthi > Nov 11, 2020 6:21 PM | Report Abuse

Rights issue made easier for companies to raise funds
KUALA LUMPUR (Nov 10): Companies are allowed to proceed with their proposed rights issue once the controlling shareholders are giving the irrevocable undertaking to subscribe for their full entitlement.
Companies could undertake the cash call even in the scenario that minority shareholders give it a cold shoulder.
Both the Securities Commission Malaysia (SC) and Bursa Malaysia have announced a temporary relief measure allowing eligible listed issuers to obtain mandated shareholder approval at a general meeting to undertake rights issue exercises.
"As a result of the pandemic and the Movement Control Order, many listed issuers are facing operational challenges, including raising working capital and repaying bank borrowings.
An expedited process for rights issues will enable eligible listed issuers to be more agile as they can raise funds from their existing securities holders in a shorter time frame to meet their capital and financial needs," said the regulators in a joint statement.
Under the expedited process, the regulators said eligible listed issuers, namely the public-listed companies and listed real estate investment trusts (REITs), will be granted greater flexibility to manage market uncertainties while making capital calls, and fast-track secondary fundraising, subject to certain safeguards.
For instance, the regulators said, the eligible listed issuers must have controlling shareholders who will provide an irrevocable undertaking to subscribe for their full entitlements, with not more than a 30% discount to the theoretical ex-rights price on these newly issued shares or units.
In other words, underwriters are not required to take up the unsubscribed portion of the rights issue, should minority shareholders decline to fork out more capital.
However, the rights issue exercises implemented with mandate obtained under the temporary relief measures are subjected to certain conditions. For instance, such rights issue must be a plain vanilla issuance where it can only be utilised for ordinary shares or units. This is not applicable to other types of securities such as warrants or convertible shares, according to the statement.
The statement said the temporary flexibility to allow expedited rights issue exercises by public-listed companies and listed REITs will be introduced through an enhanced rights issue framework.
The framework allows companies to issue new rights shares or units to their existing securities holders on a pro rata basis, up to 50% of the total number of issued shares or issued units, according to the joint statement.
This means that the shareholding dilution could not be more than 50% as a result of the rights issue to be undertaken under this enhanced framework.
The new general mandate for rights issue is in addition to the enhanced 20% general mandate for the issue of new securities, commonly utilised for private placements. Both relief measures are valid until Dec 31, 2021, said the statement.
The SC and Bursa Malaysia said they will continue to monitor evolving developments in the securities and financial markets which have been affected by domestic and global events, to evaluate and recalibrate measures to support an efficient and resilient market.


tkl88
8711 posts

Posted by tkl88 > Nov 11, 2020 7:03 PM | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 %)
Brent => $45.16 ‪(+1.55) (+3.55 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 11, 2020 11:18 PM | Report Abuse

Peewiittttt


KAQ4468
20998 posts

Posted by KAQ4468 > Nov 11, 2020 11:19 PM | Report Abuse

60 cents kambinggggg


Emmbekkkk


PeterPan
1201 posts

Posted by PeterPan > Nov 11, 2020 11:58 PM | Report Abuse

Suddenly all those attack sardin all keep silence..


Kiyoshi Paradise
488 posts

Posted by Kiyoshi Paradise > Nov 12, 2020 1:15 AM | Report Abuse

PeterPan Suddenly all those attack sardin all keep silence..
11/11/2020 11:58 PM

Thats very common . haha , all disappear.

They will come out again when price go reverse . haha


jek2288
206 posts

Posted by jek2288 > Nov 12, 2020 8:21 AM | Report Abuse

Zooming up.suddenly all is beautiful with knm.darling stock in the making.?

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