Knm still traded at a price substantially below its fair value. Knm share price will climb up higher as knm became profitable since last year and is expected to continue profitable especially profit made for the first 3 quarters of this year despite covid 19 pandemic.
whatever who are new investor in this counter , they are not so stupid only to listen people talk in forum. And also no one else forcing you to invest here , please don't blame each other anymore . For those don't like this counter please sell all your share.
The BORSIG Group offers customized process solutions for applications in the chemical and petrochemical, oil and gas industries as well as the power plant sector. Our experience is based on more than 180 years of company history. The resulting competence enables us to successfully master all economic, technical and social challenges both today and in the future.
Opec+ meeting ended on Monday without an agreement and Opec+ forced to reschedule the meeting to 3rd December. Market expectations are still leaning towards current oil productions cut being extend to prevent global oil surplus. Investors expected that Opec+ will ultimately extend production curbs by another 3 to 6 months which would support the oil prices. Positive sentiment on oil markets and oil and gas counters are likely to move up higher. Knm is likely to hit the target price 50 cents in the near future.
we should stop quarrelling here and bring up facts to support this forum for member here to make returns. everyone free to comment and is up to us to accept or reject base on own judgement. we should us this platform to share facts and not quarrelling. everyone will benefit from facts sharing and make money at the end of the day.
i believe most of us here think at present 20cents, there are room to make $$. else we wont be here sharing our views. with regard to the TP3 , TP 36 or ... is individual preference target and it shouldn't affect our investment decision.
looking at the QRs, KNM really seem to be heading to the upward direction with their PATs...
2018 total PAT = -774.877m (LOSS) 2019 total PAT = 47.79m 2020 total PAT = 49.458m (only 3 quarters)
Price highest for 2019 is RM0.46 (correct me if im wrong). so with the current price RM0.21 and with the current PAT they have, i think this is genuinely an undervalued stock...
Moreover, it seems that they have more jobs ahead for 2021, and with the economical recovery, i think they will get more jobs to come...I believe that they have shredded the non-contributing access fats, cutting operational costs...that is why we see 2020 QRs showing pretty ok results regardless of Covid-19...
I am well invested and looking forward to future KNM performance.
@sardin81 chill bro, the price will adjust itself accordingly...all the noise from naysayers only will have a very small affect on the share price, in other words its shiok sendiri...lets just hope KNM continue to produce good results and hope nothing out of ordinary happen inside KNM directors...
in the end its the investor who must make their own study and judgement...so we share the insights and constructive comments here so everyone can take into consideration...
just do your own study and not take anyone's word for it...even mine, everything written here are just for reading and is for the reader to study and find the facts...so what I say dont matter also...its a matter of sharing info and sharing my opinion...
so dont be offended, if there is different opinion, i gladly welcome constructive replies...it is for my knowledge enrichment for better decision making...
i also agree risk8888 everyone had their opinion. we respect and learn a lot. also gain a lot in these years. thank you so much. i also invest adn believe knm will fly higher in long run.
@sardin81, if it comes to 30c, maybe I just would, as it is 50% profit first and wait for retracement...market will never be forever up...so depends on how the market moves
@basicallysimple, TP is individual target preference, we shouldn't blame others for giving their target TP. if you blame sardin trap ppl above 40. then why not you also say sardin help alot to earn when he keep asking ppl to buy when price at 7sens?
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Posted by GambleKing > 2020-11-30 11:02 | Report Abuse
Knm still traded at a price substantially below its fair value. Knm share price will climb up higher as knm became profitable since last year and is expected to continue profitable especially profit made for the first 3 quarters of this year despite covid 19 pandemic.