KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.06

Today's Change

0.00 (0.00%)

Day's Change

0.055 - 0.06

Trading Volume

422,300


72 people like this.

59,045 comment(s). Last comment by Woodswater 4 days ago

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 10:45 | Report Abuse

Buy 11,670,500
Sell 18,039,800

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 10:45 | Report Abuse

still seller dominate

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 10:50 | Report Abuse

almost half from yesterday volume

mfbs

1,229 posts

Posted by mfbs > 2013-11-12 10:54 | Report Abuse

well absorb

Posted by Mr. Jupiter > 2013-11-12 10:56 | Report Abuse

KNM will move higher soon.. It was sleeping for loong time.. Itz not a 1day show

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-12 11:00 | Report Abuse

today stay at 0.485. tommorow continue gain.

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 11:01 | Report Abuse

in term of volume and trading pattern I agree with mr jupiter>KNM in uptrend

JKFLim

40 posts

Posted by JKFLim > 2013-11-12 11:02 | Report Abuse

Sold..and concentrate on Tiger

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 11:03 | Report Abuse

be a long tem investor like our friend yung sheng at least hold 1 or 2 month

Posted by Mr. Jupiter > 2013-11-12 11:04 | Report Abuse

For tomorrow gains today it will at least test 50 cents?

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 11:05 | Report Abuse

Buy 11,770,500
Sell 18,452,000

Posted by Christopher Tan > 2013-11-12 11:06 | Report Abuse

Ok..no need for updates.. Asriruslan.... thks again.

Alex Chan

3,915 posts

Posted by Alex Chan > 2013-11-12 11:20 | Report Abuse

can't be borsig...the buying is dying

Alex Chan

3,915 posts

Posted by Alex Chan > 2013-11-12 11:28 | Report Abuse

watchout for the profit taking.......

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-12 11:51 | Report Abuse

sure asriruslan

eSdM

207 posts

Posted by eSdM > 2013-11-12 12:05 | Report Abuse

price staying above 1st support at 0.465... later wil take out 0.495... n traders wil join in due to bullish ta trend... n knm wil go up to 0.60..

eSdM

207 posts

Posted by eSdM > 2013-11-12 12:07 | Report Abuse

n when news released... knm go up to rm 1...

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-12 12:17 | Report Abuse

going up to rm1 i just earning rm80k

Alex Chan

3,915 posts

Posted by Alex Chan > 2013-11-12 12:26 | Report Abuse

I am sure if it borsig, insiders would wallop non stop....I think short term goring only

wcs0201

885 posts

Posted by wcs0201 > 2013-11-12 12:29 | Report Abuse

gotta do it in a slower move, otherwise issue UMA mah :)

mfbs

1,229 posts

Posted by mfbs > 2013-11-12 12:29 | Report Abuse

ys1: tp please...

almufathal

1,360 posts

Posted by almufathal > 2013-11-12 13:16 | Report Abuse

insider also deny any news for knm....haiyahhhh...purely goreng

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-12 13:25 | Report Abuse

mfbs tp today should be 0.480 and 0.485

happ12

852 posts

Posted by happ12 > 2013-11-12 13:37 | Report Abuse

run while u can

mfbs

1,229 posts

Posted by mfbs > 2013-11-12 13:52 | Report Abuse

happ12: always long term..

wcs0201

885 posts

Posted by wcs0201 > 2013-11-12 15:18 | Report Abuse

playing around 0.475-0.480, maybe it is time to shoot up ? :)

Edmund

553 posts

Posted by Edmund > 2013-11-12 15:19 | Report Abuse

is look like not yesterday is not "'1 day play"" coz price now are quit stabil and show going up..i believe something good news will be annoce soon..:)

ganasai

1,671 posts

Posted by ganasai > 2013-11-12 15:20 | Report Abuse

market drop, it not drop big means stable. people sell it now, may miss the chance if any good news come out.

yongyos

428 posts

Posted by yongyos > 2013-11-12 15:22 | Report Abuse

looks like going to retest 0.46 before going up further .... don't miss the boat again ....

ganasai

1,671 posts

Posted by ganasai > 2013-11-12 15:28 | Report Abuse

now i believe is small fish throw, if big fish throw, will be big drop. So technically, uptrend still maintain.

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 15:34 | Report Abuse

be carefull with indeks>drop to much is not healthy

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 15:35 | Report Abuse

stop any buying>lock any profit>

yongyos

428 posts

Posted by yongyos > 2013-11-12 15:42 | Report Abuse

this is not a indice linked counter ......

yongyos

428 posts

Posted by yongyos > 2013-11-12 16:28 | Report Abuse

watch out 0.46 support ..........................................................................

yongyos

428 posts

Posted by yongyos > 2013-11-12 16:29 | Report Abuse

why you guys so quiet ..............................................

yongyos

428 posts

Posted by yongyos > 2013-11-12 16:30 | Report Abuse

where is the cheeerrrrrrr leaderrrrrrr ???????

wcs0201

885 posts

Posted by wcs0201 > 2013-11-12 16:31 | Report Abuse

if tonight dj green then expecting a huge re bounce tomorrow :)

wcs0201

885 posts

Posted by wcs0201 > 2013-11-12 16:31 | Report Abuse

hv no idea why most of the counters drop :(

yongyos

428 posts

Posted by yongyos > 2013-11-12 16:34 | Report Abuse

this correction is normal. it need to retest 0.46 previous resistance, then now becomes support ............

wcs0201

885 posts

Posted by wcs0201 > 2013-11-12 16:38 | Report Abuse

yongyos, may i ask you that the support for its warrants ?? :)

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 16:42 | Report Abuse

is ok indeks drop>that is healthy actually our indeks need correction>our fund support to long>market will recover later>for long term knm investment is ok>only for contrarian be carefull

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-12 16:43 | Report Abuse

remember buy low sell high

fzank

1,537 posts

Posted by fzank > 2013-11-12 16:48 | Report Abuse

this is a great site , thanks to those who strongly pushed for this counter .... many of us really was able to sell , profited & exited from this counter .... hopefully when this counter really falled down to 40 cents again , all of us will buy again & wait for these guys to promote the counter again ...

yongyos

428 posts

Posted by yongyos > 2013-11-12 16:53 | Report Abuse

Fzank, u re great ....

eSdM

207 posts

Posted by eSdM > 2013-11-12 18:21 | Report Abuse

KNM is temporarily affected by d market, it wil recover as KNM is ok now

Posted by Kumanan Freakazz > 2013-11-12 21:48 | Report Abuse

bro hw if buy nw ?> izit good 2 buy ? pls advice.. im new to diz sharemarket..

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-12 21:55 | Report Abuse

kumanan sure u can,buy and keep

Carlsraj55

659 posts

Posted by Carlsraj55 > 2013-11-12 22:06 | Report Abuse

Buy when the counter really falls and be ready to keep/hold until the price increase which may take some time.

tsurukame

778 posts

Posted by tsurukame > 2013-11-13 07:53 | Report Abuse

Hmm...it is very interesting to notice the myriad of emotions being evoked by the surge in KNM shares on Monday...some who are fearful took opportunity to sell out on monday & tuesday hoping to get back again on retracement at 40 cents...others who are hopeful & perhaps greedy as well and who got in lower prices are confident of higher prices and so they held on...there are also some very hopefuls who had held the shares for years and are waiting for the price to reach their TP which is relatively much higher compared to closing price of 46.5 cents yesterday...in summary..there was GREED, FEAR & HOPE...What a wonderful mix of emotions...

yungshen1 article by KWTan above is very apt....Greed and fear are the greatest enemy when performing investment decisions on investment.

Greed will let you make money, but is reluctant to stop whereas Fear makes you lose the best investment opportunities.

Let us look at the facts...KNM price easily surged above the 200 days MA of 46 cents and closed at 48.5 cents on Monday...just a whisker away from the next resistance at 49.5 cents. It closed yesterday at 46.5 cents which is above the 200 days MA of 46 cents. So it was bullish for 2 consecutive days...

So the question is where will the price go from here...will it go down to 40 cents or will it stabilized at this level or will it move up higher...

My Take is based on chart info KNM had already reversed trend and investors who had sold out hoping for buy back at 40 odd cents may not concur....well that is their prerogative...they is maybe a 20% chance that KNM may revisit 40 cents and 80% chance that it wont revisit the 40 cents level...

If the price will not revisit 40 cents then the next question is how high will it go?? The answer is it depends on the latest upcoming quarterly report which is due soon and the strategic actions that management plans to take in the future that will enhanced the Enterprise Value of the company...

Please remember the stock market always predicts the future performance...As David Gartner once wrote: "We're patient investors who buy with the idea of holding on to our latest pick for at least a year or two - if not indefinitely."...I will not say that it is worth a hold indefinitely but maybe a year or two will suffice as my take is that KNM had already reversed trend to UPTREND...and there is a saying which I will like to share with you...

"He who sells last, laughs best to the bank as UPTREND has already started for KNM.. Once a trend reverses it will continue for a while...so ride the uptrend. Always remember that Fear makes you lose the best investment opportunities"

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