@dato_34
Good news already exists from that TT Biotech news...
We are just waiting for mainstream media to cover the event.

If you want super bargain price, I suggest the first 10 minutes of market opening tomorrow.
Likely there will be weak holders running from Dow Jones sliding.

2nd round of glove rout...Topglove and Kossan getting beaten hard.
Nothing to do with K1 news.

Name a counter that is not affected right now and is not a goreng penny stock.

Yes, yes, is it that alarming when market leaders are down?

The whole market is affected. Look at Topglove for example. At first when 30 sen into green, now in red. Seems it is bearish.

The QR will likely exceed previous quarter because in the previous quarter, there was a one-off loss of 0.514 mil from disposal of associate company involved in security service.
If we discount that one-off loss, profit for QR4/2019 will be 1.774 mil, which would have been the highest for 2019.

@secretinvestor8888
Direct and honest? You told everyone you are teaching people how to invest.
Is this your way of teaching?
You think what I say is useless, go ahead. I base them on what I observe in that current time, yours is what you forecast and you forecast with no citation or fact.

You're going for personal attacks now? Pathetic. I make 6x less comments than you and about half the time I give my take based on observation or what I read. And I also do not promote other counters in another counter's forum.
You know what else I don't do? "BUY BUY BUY, SELL SELL SELL"

@secretinvestor8888
Sir, would you kindly stop?
You claim that you are teaching people how to invest but nothing you say has been substantiated by fact. You tell people to buy or sell without giving reason.
We get the point that you love Genting very much. If you nothing else constructive to say just be quiet.

@AnchoviesswimwithSha

"On the Cloud business, it is expected to follow through
with escalating positive contributions in both the top and
bottom lines in 2020 as the lockdowns spurred Cloud usage
with people working from home engaging in e-meetings
and increased online activities." (Annual Report 2019)

I would say that their online cloud business will be positively affected by MCO, but the full benefits will likely manifest in the 2nd QR. Unless their Cloud business expanded overseas in 2020, the revenue for Cloud will be from Malaysia.

Many users drop by this forum throughout the past few weeks, saying things like "Death cross, all hope analysis, blahblah..."
Now when Bursa everywhere is red but K1 close green, they become silent. Vanished completely. Actually no, some of them come back and change their tune, now giving higher TP (you know who you are).
If those with average .475 had sold their stake a few days ago, they would rugi now.

I'm not advocating for any stock, just want to share that I got burned before by following this kind of sell pressure. Lost all my Harta stake at 8.80. Glove counter really full of these rubbish advise people.
Sometimes you trust your own instinct is better.

@Investeye
You need to read more, the ventilator is absolutely not limited to Malaysia.
Announcement 3/6/20:
"K-One plans to sell/distribute the licensed product worldwide. However, it will initially focus in Malaysia, Indonesia, Philippines, Singapore, India, US, Brazil, Peru, UK, Spain and Italy where COVID-19 cases are high or have not peaked. As for Malaysia, it is neither of the latter's reasons but just that it is home-base for K-One."

(where you got that)

Made back a portion of what I lost yesterday...at least I can sleep with the cash under my bed.

You want to take profit go ahead, but if rocket fly, you don't cry.

@penniless_anchovy
K1 is not totally immune from market side effect. Look at the healthcare counters. Topglove teetering on red.

@mf go back to your glove counter

Get ready? It's already here. Trade volume 102 mil.

I bought at 0.40.
I'm not selling yet. Feel that there is potential yet to be unlocked.

K1 trade volume increasing...can it do it? Can it enter top 5 in Bursa?

Trade volume is on fire!

Wow, K1 defeated Comfort in trade volume. Continue to ascend leaderboard.

"K1 hold @ 0.500 for 3 days. Tomorrow sure fly"
K1: No.

"NASDAQ reach record high. K1 tech counter should fly"
K1: No.

"Dow Jones drop 1.8k points. Everywhere red now"
K1: Suddenly I feel like closing green.

Eventually, if not now.
It only takes a piece of good news to strike a match and light up the oil barrel.

@divar21003 It's a good lesson man.
As someone who buy Comfort at 1.00 and sell all at 1.20, I'd say it's not a bad idea to leave at least some of your stake there.

K1 one of the first counters to re-enter green. Not even Harta can crawl back in time.
Where are all the doubters now?
The market will see K1's power.

Thank you for not selling @ZC2020,
I also never sold. I can take profit now as well, but I won't because if I sell now and tomorrow come out news I cry.
But see the prices now. So many crying red, but K1 is white.

You kenyang yet? Mr Banker? Makan enough already, then let market resume it's natural movement.

No limit up but really, at 4.30 now, it's holding pretty well.

I sold most of my stake last week, since then I've been monitoring the movement and although it is in slight downtrend, it is less volatile than other stocks like Hexza.
Considering the chaos in glove sector, the effect here is subdued. It seems like it is stabilising after the spike early this month.

Dow Jones dipped badly today...but back when the index was bad, people were afraid to invest in oil&gas. Back then investors put what they had into pandemic-related stocks.
Who knows, this might be what health counter needs to rebound...if there was ever a better time to announce some news, I believe it would be now.

I also cut lost today after falling for the false gap up...
But remember the time when DJI was bad? That was when the glove counter did very well because investors abandon oil&gas and run to healthcare again.

That's why I think that if it wasn't for the suspicious mass sell-off in the 2nd session, glove may have soared and continued to soar today, but now even the sentiment in gloves has been soured.
So many burned.

Well, got burned.
I'm tempted to try again but today marks the 4th day Comfort closes with a lower value.
If three black crows is bad, what could four signal?

Who knows why...Topglove QR also v.good but they held it until this afternoon.

Short term prospects uncertain. But long term should be fine.

React opposite way? More like no reaction at all.
Market good? 11.96
Marked bad? 11.96

Gap up to .475

It keeps the price steady and opens chance for recovery.
The whole of this morning it's been receiving side-effect from market slowdown across the board.

wow, so Topglove finally decide to step in. Hope their QR rallies the glove sector.

You can sell...but where to go?
AT? Minetec? LKL? Negative PE counters. If we're running on hope, I don't know what they're counting on.

Glove counters are not rocketing along now. Comfort and Ruberex already got 3 black crows...Today all glove in red except Harta. Telecomms red, Banks red, IT red...

^What doubts do you have?

.46 - .465

What I see now is uncertainty in the market leaders causing many stocks to go red.
K1 must hold it's ground.

Doubt it. I personally think the market doesn't know what K1's business is about.
They think K1 is some green boy who wandered into healthcare.
K1 should publish QR soon to clear doubts.

Indeed, this can look frightening.
But again, many counters are down today, despite NASDAQ movement.
Glove, telecomm, bank, all red. IT is not doing that well either.

^Playing boogeyman in Comfort and Careplus not enough, so he comes here.

Tech counter...depends on how much people perceive K1 to be tech.
Their G-Asia Pac cloud computing segment brought in 24% of 2019 total sales revenue.
Their EMS segment provide the rest, and they have been focusing on healthcare and IoT for quite a while.

Okay la...if Harta and Kossan can close red; K1 holding its ground is impressive enough for me.