Vhydro, it probably will go up to break above RM2.00 if you hold it for long term ! I bought KNM at very low price of 4 cents in Nov 2022 last year, if goes up to 20 cents I already make a hugh profits of +400 % , is enough already for me, i not so that greedy one :)
KNM: The stock has experienced a price action breakout at $0.095, following a period of two months of consolidation. This breakout is considered a highly promising bullish signal, suggesting the beginning of a potential bull rally stage 2 with upward momentum likely to continue. The current chart analysis indicates a steep upward trajectory, represented by a 45-degree angle slope, indicating that the rally is still in its early stages. As per technical analysis, this suggests the potential for an extended and prolonged rally in the future.
Stock invest god Warren Buffett already all-in the O&G counters at low price, Like that O&G counters definitely will be spike up like mad already started from today onwards !
KUALA LUMPUR: The breather on Bursa Malaysia as investors take profits off the table are seen as a healthy development for the market given the recent strong uptrend.
At 9am, the benchmark FBM KLCI was down 1.79 points to 1,449.45, extending the selling from the previous session. Foreign investors ended six days of net inflow yesterday in a sign the market was ready to consolidate after rallying to its highest in five months.
"We opine that the pullback is healthy to allow recent gains to be digested. The lower liners are also experiencing a consolidation with traders opting for the wait-and-see approach ahead of the Malaysia state election," said Malacca Securities Research in a note.
The research firm that there are signs of emerging volatility, which suggests a return to defensive stocks such as healthcare, utilities and REITs.
*P/S: "Pullback is healthy to allow recent gains to be digested" "Will follow by a big bull run"
In the last 2 months. almost 50% of the entire total number of KNM shares has been bought or sold. Yet the price is stagnant here. If we have someone purely accumulating, this stock would have skyrocketed by now. And if someone is continuously selling, then price would have dropped back to 3-4cent. So whats happening here. I would like to hear anyone's feedback except for the i-diotic woodswater.
On Dec 16, 2022, KNM had announced the proposed listing of Borsig on main board of the Singapore Stock Exchange (SGX) by way of an IPO
If the M&A does not pan out, it could be eight months down the line before they can kickstart the IPO. Then, they will have to wait for a good year for the whole process to be wrapped up. Hence, the decision to allow both processes to run simultaneously.
Woodswater, this is a forum for discussing intelligently, fundamentals and analysis. NOT A COUNTDOWN FORUM. Please do not litter this forum. Go join PN as their cybertroopers...they will welcome you with open arms and a white cap....why?...you are good at spreading and creating fear without giving any evidence and low level intellect Come on bro, this is the 21st century...show more to all of us, it is people like you who pulls the country backwards...talking without facts and creating fear.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Vhydro
1,553 posts
Posted by Vhydro > 2023-07-31 12:38 | Report Abuse
limitupandsurewin88
Oh my goodness, superb damn hot man KNM today! Now KNM was traded at
0.10 (+0.01) (+11.11 %)
Like that KNM definitely can break above 0.20 by end of next month already liao lah !
> Should be at least RM2 ma