Posted by gbk5566 > 2015-06-28 10:35 | Report Abuse

Good write-up, KC Chong. Thanks.

Posted by sense maker > 2015-06-28 13:16 | Report Abuse

The highest KNM went was RM8+ in 2007-08 (before the subsequent 1 into 4 and then 4 into 1 share split and consolidation whose net effects cancelled each other out). From RM8+ to RM0.60, it was excruciating for its shareholders.

Posted by kcchongnz > 2015-06-28 13:50 | Report Abuse

sense maker, thanks for the correction.

I have the Stock Performance Guide from Dynaquest for 2012 September edition which shows the highest price at RM9.94 in 2008. Not sure if there was an adjustment because of corporate exercises after that. KNM had numerous corporate exercises which is hard to keep track; numerous rights issues, bonus issues, warrant issues, private placements, consolidations, etc.

Posted by sense maker > 2015-06-28 14:01 | Report Abuse

RM9.94 is then the theoretically adjusted price (to the Rm8+), taking into account the dilutive effect of rights issues at lower-than-market price done by KNM in past years on the current market price, to compare like to like.

Posted by Specialist > 2015-06-28 14:25 | Report Abuse

Mr Chong,you write well and is an exceptional FA investor.
All roads lead to Rome and also there are a dozen ways to skin a cat.
Do not under estimate those hidden dragons with tens of yrs of experience.
After all even with excetional fa skills,one still need buying power to move a stock north,in other words and put rather bluntly 'no money no talk'.

Posted by Specialist > 2015-06-28 14:30 | Report Abuse

In other words Mr Chong,you are also betting that a stock with strong fa will eventually attract the money flow to move it north eventually.

Posted by Specialist > 2015-06-28 14:37 | Report Abuse

By the way,the best known chinese god of stock is Mr Hu Li Yang currently.
Could you tell me whether he is pure fa,pure ta or hybrid?

Posted by vinext > 2015-06-28 15:49 | Report Abuse

a young chap uses personal to trade CW/call warrant. 1 of his post on fb says he turns 198 into 200k. Hahahaa. Another fb group's admin turn 50k into 460k in 9mth. monish prabai, Cornwall capital have to step aside

Posted by kcchongnz > 2015-06-28 18:58 | Report Abuse

Please explain the relevancy of your posts below in relation to this article.


Posted by Specialist > Jun 28, 2015 02:25 PM | Report Abuse

Mr Chong,you write well and is an exceptional FA investor.
All roads lead to Rome and also there are a dozen ways to skin a cat.
Do not under estimate those hidden dragons with tens of yrs of experience.
After all even with excetional fa skills,one still need buying power to move a stock north,in other words and put rather bluntly 'no money no talk'.


Posted by Specialist > Jun 28, 2015 02:30 PM | Report Abuse

In other words Mr Chong,you are also betting that a stock with strong fa will eventually attract the money flow to move it north eventually.

Posted by fortunebullz > 2015-06-28 20:41 | Report Abuse

any would tell you they speculated in KNM and made a fortune when its share price ran up from 40 cent to more than RM1.00 in a few months a year or two ago, and how many told you they have lost a bundle when its share price plunged from RM1.00 back to 40+ cent, also in a matter of a few months and now at 63 cent?

Answer : Actually Knm is TA dream come true! During hot O&G theme, Knm along with Sumatec and Daya were the darlings among gamblers! And once crude oil steady pass usd70, these penny oil stocks will be heaven again! Catch Knm when it drop to 50 cents and i can assure you it will pass 70 cents! In stock market if you are right you make money, if you are wrong you lose money! It does not matter if the cat is stray, breed, white or black as long as it can catch mouse! And mind you, most of the predigree expensive cats are lousy when it comes to catching rats! I don't play Knm but i also don't dare to say not to gamble with it! Knm is pretty predictable using TA and much better than going to Las Vegas or Genting to gamble! Let gamblers have their days in bursa! They are important too!