Wahh Careplus announces its Superb Q2 result..

Next week Healthcare related stocks will make a bull run again..

I think K1 also will announces its positive Q2. I believe their Healthcare segment will contributes more..

Q2 is another catalyst for K1, if can exceed Q1 result then possible to fly higher..

Not far from now..

What I can say now, retailers are OVERPANIC

Very similar situation

You can see at 22 June, 29 June, 14 July and 23 July

oilwaterman,

Not every week la..

You can see through chart. When the momentum is coming with volume, later it will be spoiled by bad sentiment..

Another bad day.. When K1 going to uptrend then bad sentiment will comes..

I think this has happened more than 3 times..

Anyway, new catalyst is needed to maintain the uptrend mode

See Careplus, drop 10 sen now up more than 10 sen..

Very volatile but good opportunity is always there.. =)

Yes Bursa is conquered by Retailers,

That's why volatility is still there..

No reason to get panic.

If you see opportunity, just grab.. =)

Lfw100,

Yes, this is normal.. =)

Panic ppl are still there..

Just keep calm..

No need to panic..

BUT

Normally retailers will ALWAYS get panic.. =)

planterman,

Your statement only can be used to ppl that always looking for quick money and gambling without doing any proper homework.

But for those who are doing their homework and looking for mid - long term investment, nothing is wrong with this stock.

It also apply to all stocks. Nothing is wrong with the stock but we must choose the right stock based on our own analysis and homework.

Because not all ppl have so much time to closely monitor stock market and not many ppl have good skills to jump in jump out frequently in a day trade...=)

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Posted by Plantermen > Jul 24, 2020 7:14 AM | Report Abuse

believed it or not people are losing their paience, time and $$$ on this counter

My bad, actually not on 18 Aug but 10 Aug.

Subject to conditions.

https://www.thestar.com.my/news/nation/2020/07/14/malaysia-and-singapore-to-reopen-borders-from-aug-10-subject-to-conditions

Malaysia-Singapore boarder will be opened on 18th Aug,

If their Nasal Swab is approved and will be used officially in Malaysia, I strongly believe that they must announce it AT LEAST 1 week before the country boarder is opened.

So it can be the nearest indicator for us to see any potential news about their approval..

This is just my opinion that I can share since no news update from them.. =)

That was just my estimated time frame to see whether Nasal Swab news will be released or not as we know that our boarder will be opened and Swab Test is a mandatory..

Plus with new cases in Malaysia keep increasing..

So I will just HOLD... no more buy or sell until next news.. =)

That's how I manage my risk in K1.

Anyway it depends on how you MANAGE your risk.

If you ABLE to control your emotion and control your holding power then no harm to buy more.. =)

I believe K1 future is good.
I will monitor its performance until Q4 2020..=)

But if you want to keep until end of this year, just go ahead.. =)

Mudzaffar,

My advice, wait for new catalyst.

I believe you know what is K1 behaviour.

Be patient guys..

As long as no bad news, the chance to see good news is still intact.. =)

For me, i will wait for their news within this 2 weeks before Mas-Sing boarder is opened to all ppl.

But now it depends on the 2nd tier stock.

I only can see that K1 will follow them if sentiment is good...

If sentiment is bad then it will go down..=)

If no good news or no good rumours, a bit difficult to hit limit up..

because currently only K1 is a Nasal Swab manufacturer in Malaysia.

Actually K1 able to hit limit up if there is a news that K1 Nasal Swab is approved to be used in Malaysia.

I just notice that Careplus limit up again today.. Hahaha..

If tomorrow 2nd tier healthcare stocks continue uptrend then I believe K1 will follow..

Previously K1 has failed to follow 2nd tier because always unlucky due to bad sentiment.

Bases on ysterday and today, it looks very good..

Can see engulfing on chart with volume.

Looks good so far.. =)

Finally able to stand above 0.40..

Long time no see 0.50 level.. =D

:¬)

Now volume almost 100millions..

Maybe got announcement, maybe not.. =)

Siapa yg dah bosan tunggu lama mesti akan lari dulu..haha..

Oilwaterman, maybe around the corner.. =)

firdausj,
Marubozu is intact..

Big shark coming in..)=)

oilwaterman,

Come on.. Certification process is not as easy as we think. So many audit and paperwork need to be done.

I have some experiences in product certification process for my company's product.


Taking 2-3 months is normal. Sometimes 6 months. It depends on the auditor/assessor.

oilwaterman,

Keep calm.

Certification is just a black and white confirmation.

We don't know what is the current progress. Maybe at final stage, maybe no.

I didn't say any confirmation.

Just wait until 18 Aug 2020.

Because there are mass Swab test at Malaysia-Singapore boarder.

If within this 2 weeks got announcement then surely they will use K1's product.

If they are using Nasal Swab from K1 then we can expect a panic buying situation like BioHldg

We still can wait until 18 August 2020 because Malaysia Singapore boarder will be opened on that date and Swab test is a mandatory

From the background of that photo, we can only see 'Covid-19' and 'appointment' word.

Nobody can tell where actually the shared photo of Nasal Swab produce by K1 is taken from which area..

I dont think it was taken from MOU event. Because long time already.

There must be somewhere around health facility.

Based on the buying momentum in early morning, we might see somthing.. =)

Only 1 good announcement is enough to make this share to hit 50sen and above...

=¬)

Very strong buying momentum in early morning

Typical dumping style

=)

Someone keep buying in big amount.

Today is T3 to who bought on 16 July.

Selling pressure is well absorbed by strong buying support..

I can see 'LATTICE' word on the pack

Cool guys.. =)

I don't think that photo is from the last MoU event, because if it was from the MOU event we should see that photo earlier on last month.

Just based on my pov..=)

TQ AMG2020 for your sharing..=)


Actually that leaked photo is from which area?

Distributor or KKM facility or from MOU event?

From the packaging style, it looks like an official product to be on sales.