Time will not only tell you but will show you on your face the last was pump to be dumped.

Profitable everybody also can see. Its what they wanted you to see.
Something green (profit) and not red (loss).
But its not the actual thing that you should be looking at.
If you see again, even Sumatec also profit why it stayed at that price still.
So we had been misled by something to look at something that is insignificant sometimes.

This stock looks to be having some problem. Usually KNM is the leader in O&G rally not the one being lead. Now it is the opposite, humans lies but chart does not lies.
If upcoming reporting as still no good then have to learn to cut loss else it might end up like sumatec or perisai.
Most oil and gas having similar fate and some even worse.
Yes, its our counter and we definately hope and wished for it to perform.
But mr. market is not stupid and its trying to tell us something.

No need to tok cok or rocket, we only interested in seeing profit and end of the day the share price trending higher up. Not hear bs and bs and end of the day the price goes down more then up. Gone are the days when KNM goes up 3~4sen a day.

If this stock does need to come back at 0.32 again i think you guys need to cutloss. This is getting risky.

Maybe they wanted to squeeze out further the sellers?

aiyoh, EPF and tabung haji also hold Perisai stock but does it mean the stock won't go into PN17.

will it be reporting good Q3 or bad result?

Yes, if reach this price i will buy more. you will not get this price for a long time to come.

What 2 year low. More like 8 years low. It just seems to keep getting lower.

Careful the more you see oil going up, other countries oil company goes up but our O&G does not move then you got to stop and think.
When others drop however ours also follow suit to drop.
So good news else where might be bad news for us.

NTA does not means anything when you are selling you asset at down to earth price that others do not want. Probably you get back 30% of your NTA (if lucky assuming full liquidation) but there is the debt.

yes buy more... help to contributed to the salary for the CEO also and other expenses..

It will recover slightly just to suck in the suckers and then boom... maybe gone bust... so if you dare buy on rally later.

Aleo what signal are we waiting for?

Why care if tabung haji loss money or not. You should care your own pocket is losing money or earning money. When tabung haji earn they don't share it with you anyway.

Only time will tell, maybe both is right at some point of the time. (though unspecified time frame).
If we all really can predict the future good lor, already become rich no need to invest in stock that is high risk / huge downtrend where one by one defaults is popping up.

Problem with our prediction is no matter how correct it is you might not get it right on your counters. Even if you get it right which probability is as low as 20% on the oil price but you still got no justifocations that KNM price will move. This is because as someone mentioned and blabling since oil price 30usd till now 50usd KNM price got change?

Don't worry Annix will support the price. It will not let it goes broke. Then EPF and Tabung Haji also holders about 8% but the management of Perisai is not so good at managing its debt. So go ahead and average down if you think this is worth the risk.

Means good lor coz perisai got no choice but to comply only. Bad for investor lor coz they got no choice but to accept also then to get nothing if perisai close shop.

pity those that still holding from 48c / 30c or 2c. Habis d.

This stock go up or down also can earn money one.

Careful pecah again..

Day day low ah.. people only tell you price when rebound from what goes up 50 ~ 100% very shiok, but they don't tell you when lost capital lose by 50 ~ 70% (equalvalent need 200% price increase just to pair loses).... so don't just always day day think shot rocket high... belum kena belum tahu, sudah kena then lagi shiok.

Care if this pecah again then habis lah ini kali..

Very high volume can also be who is disposing?

Dont worry you will get your 0.155 for sure..

For me sometimes giving people hope can actually be a nasty thing. Maybe its with or without ones knowledge, but some people don't want others to know this is actually very bad because they would like others to at least buy in to support the price, however this is being cruel to others that enter with the hope of the price rebound only to get stuck together with you. if the price should rebound you don't need ordinary investor to support the price the sharks will come in and goreng the stock for you. But some people prefer the bad stuff sweep under the carpet wait till it implode and at least got others together "pei chang" or if their gamble pays off the price rebounded and they gain back the paper loss after few years later.

This is not the first crisis and neither will it be the last crisis. There is bound to be counters such as this and believers in the counter to perform despite numerous warnings. Then again its up to one to distinguished the which suits one investment, hold till few years only to sell for titbits or maybe till become trash paper (believe me, PN17 counters are alot in time of crisis) or move on and plan for better. But you seriously need to plan an exit plan, if this counter continue to drop till becoming next sumatec how then worse case possibility becoming trash paper? It already seems hurt to have become 50% capital but if you don't want to learn to protect your capital then you might end up losing alot more. But its up to you just telling others you don't like to hear the negative stuff doesn't actually makes it go away.

When Q1 result first out people also say Q2 and Q3 will be better.
Just becareful, hope and reality can get mixed up when you are too into it.

We post negative comments because we wanted to make people realize its a bad investment in this counter right now. Yeah it seems our advise is not taken for granted, but at least we had done our part. End of the day some will realize that we had told them so since it started. But its always up to oneself if you are committed then good for you. Investment should be your own personal decisions nothing much to say there.

If you dare then buy lor, today will sustain.

If drop below 20cent, then expect another 20% gone. Then you go calculate yourself how much those people that bought at 24c/ 28c/ 30c is earning. Then shiok lor if rebound you earn but if the dropping knife continue to drop see if you can catch the handle or not.

http://www.bloomberg.com/news/articles/2016-08-19/oil-debt-woes-reach-malaysia-as-offshore-rig-bonds-in-distress

If 20cent koyak prepare to collect more if you wish but good luck with it. Upcoming bond also not sure they can pay or not.

Annmix: please read properly I say rebounded not recovered. (Please do not simply misinterpret my statement). Think logically also know they will not recover now when oil price from from 120 till now (common sense). There is plenty of counter that had rebounded, no point to stick with a dead cat.

Try to see Armada.
At least its not creating lower low (in terms of technical)

May your dreams come true, already run most of my Perisai when other oil and gas rebound but this stock not moving. Just hope it might not go till ...17

Crude already bounced back many many months ago from USD27 / barrel. Or you mean wait for crude to bounce back to USD 100 and see if the company get bankrupt or not during this period?

Oil making new high this counter making new low.. Wondering what does it tell us.

Habis d...

Or they might default in payment of the bonds?

Give him some hope ma. kaki kong kaki song else its really suffering seeing the other stock rally but our dear KNM become like kanima always one night stand. Many heart broke put money in here but seeing low and lower and even lower months after months.
Though some reality is hard to be swallow by others but if they wanted to have a wonderful dream then let them be lor. Reality is always hard to be swallow by many people.

Oil price might rise to USD 45 / 50, but this counter is constantly making new low.

Google wikipedia you will have dozens of penny stock definations.
There is no generally accepted definition of a penny stock. Some consider it to be any stock that trades for pennies or those that trade for under $1, while others consider any stock not trading on the major market exchanges to be penny stock.
While i also define KNM as penny stock because they did not gave out any dividends in the past 1 year..
SK petro might still be there when oil drops to 20 / barrel and they still gave dividends which can be compensated as interest from FD.
But KNM might not be there when that happen for a long run and to entrust your grandchild fund onto something that might not last maybe that is just you, at least i will not.
But that is totally up to you. KLSE 100 index component can be guaranteed to earn money every year? can be guaranteed to rise every year? if yes to your answer then you won't see KNM drops like flies from 1.xx ++ to now 0.40 more then 60% gone.

if you intend to keep funds for grandchildren then this stock is not the place you should invest in. keeping in FD is better then keeping it in penny stock..

Yes, that is also true. If the past 2 years money goes into FD, then now also get back almost 7% return at least compared to putting money here look at paper loss 10-15% more sien.. so people that say average down might be betting more then investing.

Yea, but i think some people here probably average from 60cent till 50cent and now 40cent. And maybe later 35cent. Some things are easier said then done, got so much bullet to average down boh. If continue drop, not scare yet ah? (I mean just voicing what most is thinking).
Yes, i too had been averaging down but go up already earn (10%) didn't run end up now back to minus stage.

But he probably holding it for more then 1year already. Go back to 50 cent also break even only.
Though now is only paper lost.
Sometimes putting inside FD is even better at least got interest to gain.

Habis or ho sei liao? Buy ah cheap sale buy ah..