Mh87, management has no finesse to promote or push this counter. They choose the wrong day to announce good news when everyone feeling jittery over big selldown. I already mentioned yesterday. Even company delays IPO when sentiment bad, else how to expect good run up of their share price.

I think operator read this forum and know most waiting 0.50 to 0.60 to exit. They purposely don't want to push higher so that you guys always hang on to your shares, keep hoping and will not exit. Else how operator wants to make money from you guys chasing high on news and then dumping to you.

Approval or not, the same usual hope... Tomorrow lah, maybe!

Noobi, agree. LKL give you solid 25 cents of that afternoon nearly limit up. Most investor made handsome gain if they dispose. K-1 (minus 1) only give you sikit sikit 7 sen before drifting down and never recovers after that.

Fact is this counter no strength, false hope to breach 0.50 even with MOH approval. After 2-3 days next week the approval effect no rasa and drifting as usual 0.43 to 0.46 leave and you hanging neither here nor there. Haiya:-(

What a Joke, MOH approval only managed 3.5 sen untung. Normal goreng without news can get more than that. At least you know the reality of K-1 strength

Approval must come with big contract orders only then above 0.50 maybe 0.60.

Limit up certainly no, 0.50 pun tak jadi, 0.48 cannot sustain... Let's hope operator generous to push back 0.45 before closing. Just to give us a feel good factor for next week.

When Dow recovers off low, fake queue appears to give "support"

Told you guys Dow and Black Friday dictates the movement of K1, lousy operator don't care about support level...

Fake queue gone

Operator keep throwing 10k shares 0.44 to themselves

Fake queue 0.44 quickly dissappear if Dow future plunge more latee

Can't even hold 0.45... Sad case of low budget operator

Look at EG doing highest without much profit taking... And without news to push its share price up. K1 just does not have the momentum always succumbed to profit taking even on good news.

Pancit again as afternoon draws closer and 2bd session turns jittery over weekend. Unless Dow rebound strongly to give momentum

It can only break 0.50 if US futures turn positive convincingly. Fear of black Friday if US plunge deep again tonight

Pancit

US stock market plunged deep red... So odd K1 announcement on worsening market sentiment. Such news should be announced during market uptrend and HC bull run to capitalize and maximise price upward momentum. Easily limit up 2 months back.
We can only hope K1 up minimum 30% if not 30 cents.

I only satisfied if opening starts 0.50 zoom to 0.55 and above and sustain at above 0.50 at closing

Birkin, 2 months back HC bull run every little news easily limit up 1, 2,3 times. Now I have my doubt, off timing

This news couldn't have come at the worst possible time... Bursa deep red, tomorrow cautious Friday, Dow futures also deep red, K1 closed day lowest..
Let's see any miracle tomorrow above 0.50 or better limit up

Kalau besok buka 0.45 aje, betul betul anti climax dan tiada harapan limit up sebab kita dah biasa dengan corak low budget operator

Takde berita dalam Edge, apa ni? Kena tulis lah secara sensasi baru tersebar luas tarik perhatian

Winter coming for Northern Hemisphere countries, expect resurgence of cases

South Korea should place orders from K1. India and Indonesia too due to huge number of cases

https://www.channelnewsasia.com/news/asia/covid-19-south-korea-hospital-beds-second-wave-13079014

This long awaited positive news should propel price minimum 0.50.and sustain above 0.50 for a period of time otherwise it does no justice if below 0.50. IB should rerate higher tp.
Honestly we deserve at least 1 limit up for all the heartache of watching others limit up while we bear with low budget operator

Low budget operator sengaja kutip murah murah sebab tak cukup ongkos. Tengok apa persembahan mereka esok pagi. Kalau ada berita kontrak kerajaan puluhan juta, lagi senang limit up

But beware low budget operator payah nak limit up. Bukan mustahil tapi payah

Ya, terus 0.71 tak pay susah susah beli dari bawah. Kita semua bagi dia terus... Hahaha

OK lah, kita harap besok ialah ini kali lah yang betul betul. TOP price 9am 0.55 sen harap harap lah

Mudz, kalau tak bust baik baik susah nak limit up. Play up the news to the maximum to capitalize this news for maximum share price appreciation, otherwise senang pancit.

If limit up, I shall only have praises for K1 and no more negative comments from me. If tomorrow pump and dumpvby syndicate, then be careful woh. Set your TP to exit.

Yes, finally approved. A few observations:
1. Closing day low 0.41 does not indicate insider buying to keep off low. Closing at 0.425 would have been better to generate interest and momentum tomorrow.
2. Will this news be enough to propel price above 0.50 or limit up?
3. Why didn't management hold press conference to announce this news gaining wider attention in mainstream media?
4. Approval coming in on the heel of bad or worse Bursa sentiment. Will this affect share uptrend tomorrow being cautious Friday too.

1.3m to keep investor hope alive to prevent 0.40 from being breached. No news is bad news, share price cannot keep sustained by mere hope and projection. Sooner it will come down if no orders.

1.3m factory purchased just in case any future orders, not because they already have orders otherwise they would already announce it. Let's keep hoping everyday and tomorrow.

Mgn315, I rather see good news on MOH approval, ventilators order etc and price sustain above 0.50 before praising the company. Up 2-3 cents have no meaning on absence of such news because it will easily drop back the next day as history proven many times.

Noobi3, if this counter have strength it will drop half to 1 cent at most. Not easily drop 2 cents. When up, usually pump and dump 1 day show.

True colours red... 1 day show

Pancit king

https://www.cnbc.com/2020/09/02/coronavirus-and-winter-health-experts-wary-about-a-possible-new-wave.html

If no news difficult to cross 0.50. Range bound 0.40 to 0.45 only.

Average close 0.435 off high 0.45. OK lah better than nothing since no good news yet to sustain above 0.45.

Without solid good news, it will be 1 day show at most

HC lift by LKL, K1 need such contract to scale 0.60

The Board of Directors of LKL International is pleased to announce that LKLAM, a wholly-owned subsidiary of LKL International, had on 1 September 2020 being awarded a sales contract to supply nitrile gloves to a China-based company (“Customer”) for a contract sum of USD18,960,000.00, which is approximately RM78,494,400.00 (based on Bank Negara Malaysia’s exchange rate of USD1:RM4.140) (“Sales Contract”).

Ini kali lah... kalau tak pancit

Better not tell that same story, some of you easy merajuk. Mau dengar cerita besss aje. Mana selalu ada blockbuster, ada kala rotten tomatoes.

No need to assume anything BOD or not, price does the talking.

Investor39, you are right. OK here's the revised version of Q3 projection.... Who know it might come true.
MOH approval granted with big contract RM100 million to supply nasal swab to all government hospital and medical facility.
US placed USD100 million order for ventilators due to shortage to be used across all USA. The newly purchased factory in full swing production.
Cloud usage soared during RMCO tripling the earlier projected revenue.
EMS orders back on track to pre Covid-19 level.
Company undertake cost cutting by reducing wage and benefit cost.

29 days left in September to achieve the wish list above for Q3.