Is there any bad news for this counter?

0.20 is also gone in 1 second

here they go again 0.20 already breached.....

Now they have created a panic and you can see more retailers are parking to sell at 0.205. Hope the price can close at 0.21 or above.

I Don't think so seasick. But I can see that the SmallCap and Ace Index is not strong and not following the KLCI index. The CI is already in reversal and on up-trend but the Small Cap and ACE has pulled back and that is why you see the losers outnumber the gainers.

Despite knowing that the momentum for this stock is good still sell at cheaper price. Scare the buyer.

this is what I was saying someone is offloading big time? Big Volume.

Yes the support of 0.21 is very crucial at the moment. Hopefully last minute will start to collect again. At the moment the seller is determine to keep the price at 0.21

I mean selling in volume and not the price dropping. There was a huge offloading of the stocks at 0.21. Now it is gradually selling. There was a huge offload at 9.10 and 9.45 am. After that the momentum is gone.

Looks like there is one individual / institution that is offloading the stock at 0.21. The support must be strong at this price to resume up-trend. The collection is suspended due to this individual / institution because keep offloading at 0.21. Wonder Who? Any Idea?

CREADOR has build a reputation for themselves proving that they have successfully picked the right stocks over the years and have managed to gain interest from foreign investors. A little like Warren Buffet. They dig deep into the operation of the company they are investing and expect 100% gain based on past record. So it is worth to buy the stocks they are in. They have done the homework well. SMRT and MEGB is in the positive news at the moment.

JAG had a good support at 0.22 presumably sellers are exhausted and the next resistance for JAG is 0.25 and if break can go to 0.30 followed by 0.40. Stochastic and MACD is pointing upwards. RSI is at 63% and trending up-wards. If can cross 75%, we can see JAG moving up very fast and big volume.

If possible transfer your portfolio to SMRT- WA - almost same price. Sorry for promoting SMRT at the wrong page.

Stay away from KNM at the moment until there is a clear reversal. If possible stay away from the whole O&G counters. Doesn't look good at the moment.

Most probably will reach next support of 0.695. Once it reach there than see if there is any reversal. As of now the sentiment for this counter is very weak and investor is not willing to hold.
SAD ending for KNM die hard fans including me.

As I talk the price already breached 0.75. Looks like we have to wait for awhile for the price to go up again.

Frank, Feel SAD for you and sincerely hope that you will recover soon. anyway the crucial support for KNM is 0.75. It is very important that the price should not close below this price but looking at the "Q" to sell I am very worried. Anyhow the ACE index have shot up very fast and now in consolidation mode. This is pulling the small cap counters along with it. Our market is taking very long to consolidate and the Index, Small Cap and ACE stocks are all in different cycle.

The next TP is 0.25 which was the highest price after adjustment. If able to break that resistant than next TP is 0.30 and the next is 0.47. This stock is properly managed and always looking into innovation to cut production cost and increase in profit coupled with them switching their core business from IT to Industry / Manufacturing. Also expecting them to announce to upgrade to Main Board from ACE. It is good for long term however if you check the chart this counter is also good in correction so lookout for possibility to lock in to your profit and go in again when consolidation is over.

For all KNM lover. This counter have consolidated maximum (50%) in this new wave - (0.69 - 0.86 = 0.17). 50% of 0.17 is 0.085. The highest of 0.86 less 0.085 is 0.775 which is the closing price yesterday. If the price do not go any lower meaning the consolidation is over and will resume to next target of 0.945 however if the price falls today spell that the price may test 0.69 again. On the weekly chart the price must close above 0.825 by this week to indicate a reversal trend. Anyhow my bet is price will start to move up again.

KNM good support at 0.795. Should rebound soon.

In the announcement KNM is the claimant and "MISSION" is the respondent. KNM is set to gain if it is successful in this litigation.

Reference is made to the announcement made by KNM Group Berhad (“KNM” or the “Company’) on 2 May 2014 in respect of the arbitration proceedings between the Company’s wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”) as the Claimant and Mission Biofuels Sdn Bhd (“Mission”) as the Respondent (the “Arbitration Proceedings”) in connection with the Engineering, Procurement, Construction and Commissioning Contract dated 25 July 1997 (“EPCC”) for the construction of a Biodiesel Plant in Kuantan Port, Pahang (the “Biodiesel Plant”). Details of KNMPS’s claim against Mission can be found in the announcement mentioned earlier.

The hearing of the Arbitration Proceedings shall commence on 4 February 2015 and scheduled to be completed on 16 April 2015.
Meanwhile, KNMPS had also sought and have obtained an Order from the Court on 29 October 2014, a declaration that KNMPS, as the EPCC Contractor, has a valid lien over the Biodiesel Plant.

The said Court Order confirms and reinforces KNMPS’s interest in the Biodiesel Plant as a lien holder and effectively restricts Mission’s ability to deal with the Biodiesel Plant without first coming to terms with the various claims that KNMPS has sought to recover against Mission in the Arbitration Proceedings. Our lawyers are also of the view that the said Court Order would enhance KNMPS’s chances of recovering the amounts which are awarded to them in the Arbitration Proceedings.

This announcement is dated 31 October 2014.

EPF is buying into KNM - Next target 0.95
https://www.facebook.com/pages/SMART-Trader/219890671524734?ref=hl

This is a long term stock. However we can see good upward movement if the price can close above 0.20 soon.

Price may correct back to 0.63 - 0.65 before resume another mini wave. 0.64 may be a good position to collect again. Next resistance is 0.84. Most Indicators pointing that the uptrend is still intact.

For a Reversal confirmation in the weekly chart, expecting the price to claw back to 0.95 tomorrow.

https://www.facebook.com/219890671524734/photos/a.220358734811261.1073741828.219890671524734/310748649105602/?type=1&theater

Tomorrow T+3, profit taking. Price will move up in the morning followed by distribution.

https://www.facebook.com/219890671524734/photos/a.220358734811261.1073741828.219890671524734/310748649105602/?type=1&theater

Next support is at 0.87. I think the selling should be over by Wednesday.

Foreign Funds loaded their holdings in anticipation of US Interest Hike - THE EDGE Magazine. Wonder how much is the Foreign Holding in this stock. Anyone have any info.

Not sure if this is a good idea, if got extra bullet left this is a good time to buy for averaging purpose.

almost 1/3 of the total volume is at 0.91. Heavy selling and buying with buying > selling. hope that this is the bottom after touch the lowest low of 0.90

Someone distributing big time and creating panic. It could be a scenario of IRIS lately. Price go down very quickly than recover in the afternoon. However we need a lot of luck for this to happen as the sentiment of the whole market is currently bearish due to the index keep dropping. Anyway just hope the collection is greater in the afternoon.

This stock must close above 0.56 to confirm a new reversal up trend. Volume is not so bad but must follow thru next week.

If the price close below 0.95 today than it indicates that price will drop further however if price bounce and close above this level indicates of a possible reversal. make your decision at 4.40pm to keep of sell..

it is collection / sideways between 0.99 to 1.02 before the price start to move upwards. If intend to invest in KNM I assume this is a good price to buy if price do not go below 0.99. My TP is 1.30 for the next daily wave.

Price need to cross 1.04 to confirm uptrend on the daily chart and for more stable chart - the weekly chart the price need to close above 1.09 for next week. Looking at the Daily Stochastic the %D have just crossed 25% indicating price is expected to trend higher after staying at oversold territory.

sam5941 - if you are looking for some good penny stock, I would suggest JAG - Just confirm a new up-trend wave based on daily chart. MKLand has bottom staging a reversal next week. SCOMI is another counter have bottom and have started to reverse. These are some safe stocks that have 80% potential to move up as consolidation / correction is already factored.

This Stock Daily Stochastic looks ready for a reversal. It is in oversold territory and currently the %k has crossed%D from bottom below 25%. Normally the price will surge when the %D cross 25%. However the %K is set to cut the 25% signalling price has bottom and set to reverse. recommended to collect now at early stage. The weekly Stochastic however still indicating that this stock is still in an up-trend on the long term. Lets see how it goes next week.

Based on the daily chart this stock just confirm a new up trend after last 2 days reversal. However for more stable confirmation the price has to cross weekly chart resistance of 0.26 with volume. if the volume is consistent than this stock is a buy for long term. Cut loss if the price goes below 0.205.

This counter is oversold and the buying will start again. This is speculative counter with good EPS. The syndicate will be back for this counter soon. Looking for reversal with volume sign.

Based on chart there is resistance at 1.03. If can cross this level than the next target is 1.50.
Looking at the KLCI chart with Strong Support for the past 3 days suggest that Index should be able to break the resistance 1875 soon. Once the CI confirm Uptrend, we can expect KNM to be one of the solid counter.