Even Mh87 would be hard to explain why good news yet still red in the sea of HC green

Nothing to understand, if know K1 laggard dna. Management is not doing anything to support price, let syndicate goreng up 1 day, down 4 days. Pn17 company has better price appreciation than this.

Lousy stingy syndicate compared to Prlexus for example which accumulate and push higher and higher. Even if no A factor today, it will likely close 0.415 my guess. K1 still trapped in low value penny stock range despite all its potentials. Unless management share buy back or private placement to reduce share float.

Seng, not much profit left at 0.395 only meagre 2 cents up. It is coming high volume force selling T2 and T3 those bought 0.415 to 0.44. Expect weakness ahead until Tuesday when A meets A to present his list.

Despite green, the closing price is still a big disappointment to many including myself who were expecting a closing above 0.40. Another wasted ace of syringe license which will soon be forgotten in the days ahead just like MOH approval. The elusive 0.50 still remain a difficult TP to achieve. So near yet so far.

Maybe tomorrow, who knows... Cheers!

Actually retailer panic sell not much volume. It is lousy operator who purposely throw in big volume to hasten the decline, instead of supporting the price. They also purposely want it to close below 0.40 to create negative feel and their aim is to collect low again 0.375 to 0.38 next few days.
That is the usual MO of this low budget operator and it is giving K1 a bad name in the eyes of retailers who lose money despite the good news. Go figure...

There goes your hope of 0.50, back to below 0.40...need another aces. Not many aces left

Counter that has strength are not affected, except K1 you know lah

While Prlexus continues uptrend, our friend still siesta time

This counter can put you to Zzzzzzz even though got good news

Today's closing price is crucial to determine whether 1 day show only. The higher close to 0.44 above mean tomorrow will have momentum to go higher, the lower close to 0.415 below mean support 0.40 likely to break up to T3 those chased high this morning.

Tolong kasi syringe injection kasi kuat sikit TP 0.50, harap harap tak pancit tutup hari ini

Ini kali lah... Dah banyak kali

Other companies has gone limit up on less substance news than what K1 has achieved so far. MOU for example are non substance agreement which a number of counters price has gone sky high to capitalize bull run.

So I have set high expectation for its share price tomorrow after previous disappointments. If you guys say let it go up slow and steady, it will never break 0.705. In Bursa where there no need any rationale for crazy price shoot up and K1 being a penny stock, fast and furious is what it needs badly to bring it closer to 1.00

By right, this counter should trade in 0.50s based on MOH approval and NASA licence to reflect future potential. Now add syringe license still cannot go above 0.50? Hope the syndicate are not kedekut to give only 2-3 cents gain.

Something fishy, yesterday up to 0.395 while glove red means insider leak on this news. Some of you already mentioned rarely K1 up when others down. Today stagnant low volume despite glove up significantly. My TP minimum 0.40, if more then better. If still under 0.40 closing tomorrow then no word to describe this laggard

Limit up news? Please lah if not limit up, at least double digit up. MOH approval, NASA license, syringe cap license... 3 aces still cannot limit up once?

Spa day

Bukan ke sini, bukan ke sana. Duduk diam diam

It's not how good you praise it and how bad you criticise it determine its price. It what the management does and how good the operator who goreng it. Both are equally weak and that is reflected in the weak share price.

541 meaning down 5 days, stagnant 4 days, up 1 day?

Yesterday raring to go up when glove red, today raring to go down when glove green. Pathetic!

This stock is a big joke... Sleeping like a log

Not much optimism here since 0.705 2 months back. Now just wait and hope everyday. Yawn..

Tomorrow rebound 0.39 then close 0.38 or 0375. Same pattern fluctuate range bound if no news

Forget about TP 0.42 0.43. Can't even hold on to 0.395 before crumbling. We talk TP when able to cross 0.40 and stay above 0.40. Until then daily ding dong mid to high 0.30s

This counter never buy when green, especially morning push up.. sure lose money. Only buy when drop to 0.35 region

Pancit, true DNA surface again

You are looking at fake buy queue which can dissappear as fast as David Copperfield if glove plunge more. Sell queue is real though...

Quick and slow money both also difficult, still depends Glove even though morning show some strength but later succumb again in listless trade.

Today supposed to be K1 action but hampered by glove profit taking... Wrong timing again

As long MOH does not place order for nasal swabs and ventilators, it cannot go up much

Mh87, for everyone's sake I hope so. This forum has been devoid of joy and euphoria since high of 0.705. The strength of Mar Apr is nowhere to be seen.

Mh87, at least now you are saying the right thing not that it make me any happier. Sad to see a "potential" company getting bad review from investor due to persistent weak share price. Glove already up so much, tomorrow when profit taking sets in, K1 also will follow back to 0.36 range.

There's nothing much to do except wait and wait and wait. Haiya :-(

I hope history will not repeat but looks so. Others up significantly but K1 still trading close to low below 0.40. By right if this counter got strength, should be trading close to 0.50 after getting MOH approval and name change Meditech.

HC sentimen sudah datang, apa lagi u mau?

Caely face mask low 0.45 high 0.645 almost 0.20 up. Can we expect such gain for K1 in 1 day??? The usual 1-2 cent up cannot help much, most stuck above 0.50

Must cross 0.40 decisively, else same old same old

They must quickly secure the first big order in RM millions, otherwise NASA and MOH approval certificate is worth nothing on paper. And their QR also need to reflect revenue and good profit from HC, besides Cloud biz. Only then can we see share price rocketing above 0.50

Subsidiary K1 Resources changed to K1 Meditech. Ini kali lah besok mali.... Hahaha!

Ini macam main 1sen naik, susah lah daki 0.40. All the conditions are there to fly, yet still sleeping while others more than 10% gain easily

Still Zzzzzzz...

Only if Trump order ventilator from K1... NASA approved

No momentum on its own, too dependent on glove even though already up a lot. Others HC need to limit up before it can cross 0.40.

May I add... No update or press conference, no good PR to promote company among IB, no JV or MOU, no orders for HC, no share buy back, no private placement, no dividend when it was profitable, wrong timing MOH approval when HC bull run over, no Q&A during AGM (bad impression), lousy syndicate pump and dump for small gains. 3rd quarter gone with share price at lowest in 3 months, 3rd quarter QR can roughly guess still in red with only cloud biz profitable supporting other non profitable biz

In the sea of green, ini lemah tak bermaya. Yes we are sour grapes sebab harga sekarang terlalu tinggi sehingga kita cemburu tak mampu beli... Betul kah?

I think we can safely established a few logical assumptions on this stock after a few months:
1. It is a laggard counter, not a leader with strong momentum
2. No IB or fund managers interested in this counter
3. It has no strength as HC counter without any big order for nasal swab or ventilators. Not listed as HC counter among IBs list
4. It goes down easily on bad sentiment, no real support except fake queue
5. Even if any good news like MOH approval, can only up marginally then quick to profit take and weaken again
6. You profit more by short term trading. Don't chase when up, high probability end up contra loss next few days.
7. It does not give dividend when it makes profit, not on serious investor radar
8. Limit up probability is zero, up 8-10 cents in 1 day is considered the best effort even if very positive news. If you don't sell when up, likely to see price down again very quickly.
9. Discard this counter (if you can afford to cut loss) if continue to show loss coming QR. There are lot fishes out there
10. Need to hold long term to reach TP 0.50 and very very long term to reach 1.00

Above is my personal observations, not melalak. Ignore if you don't like my comment. No name calling please.

Slow and painful death, 0.40 pun susah nak daki sekarang. Pegang lah sampai bila pun tak tentu, apa kan daya..

Received the list this morning. Itu K1 mana? No wonder share price lifeless

*Face mask category*
OCNCASH (0049)
PECCA (5271) - manufacture N95 face mask ,started late June
TEXCHEM (8702) - manufacture face shield,MIDA approved
NOTION (0083)- manufacture started in June
ICONIC (9113) - started June
XDL (5156) - started April
MTAG (0213) – distribute 3M face mask
KOMARK (7017) - manufacture , mid June
SCGM (7247) - manufacture , April

*Material for face mask category* :
TEKSENG(7200) - non-woven fabric
ASIAPLY(0105) - acrylic sheet
POLY(8117) -non-woven fabric , end June

*Fabric reusable mask*
PRLEXUS (8966) - started June
CAELY (7154) NIHSIN (7251)

*Personal protection Equipment*
SEACERA (7073) - started in June
TITIJYA (5239) - started in April

* Gloves makers*:
TOPGLOV (7113)
SUPERMX (7106)
HARTA (5168)
KOSSAN (7153)
RUBEREX(7803)
COMFORT(2127)
CAREPLS (0163)
HLT (0188)
AT (0072) - buys glovemaker Pearl Glove, subject to board approval
PERMAJU (7080)- plans to set up gloves production
MQTECH (0070) - JV with HK company to acquire rubber glove factory

*Material for gloves category*
HLT 0188 - setting up production lines at rubber glove manufacturing plants.
ESCERAM (0100) -gloves mould
LUXCHEM (5143)-industrial chemicals
SAMCHEM (5147)-ind. chemicals
TEXCHEM(8702)- ind. chemicals

*Pharmaceutical and healthcare stocks*
DPHARMA (7148)
PHARMA (7081)
ADVENTA (7191)
AHEALTH(7090)
YSPSAH(7178)
KOTRA (0002)
LKL(0182) - supply PPE to hospital

*Covid Diagnostic Test kit*
ACO(0218)
TITAJYA(5239)
MYEG (0138)
HWGB (9601)

Yawn... Same same pattern lah everyday, virus case up also no effect on this laggard.