Posted by Abang Mad > 2013-11-15 21:02 | Report Abuse

ya..nxt week will fly to tp .70

Posted by mfbs > 2013-11-15 21:09 | Report Abuse

gud ys1

Posted by tsurukame > 2013-11-16 01:21 | Report Abuse

KNM closed at 48.5 cents today and this is the fifth consecutive day it had closed in bullish mode when it started to reverse to UPTREND since last Monday, Nov 11 2013.

Some investors were very frustrated & grew impatient( I could very well empathize with them ) with the delay in Borsig and Peterborough projects as there was high expectation for KNM price to shoot...well every investor knows that KNM had stumbled and felled down in the past years and consequently these two projects were delayed and this had been reflected in the down trending of its share price all these years till last Friday November 8 2013......understandably so it must have been extremely frustrating,nerve wrecking and excruciating to some investors to the extent that some decided to quit recently when the share price reversed trend to uptrend last Monday November 11 2013.....

Isn't this expectation akin to putting the cart before the horses especially so when KNM had indeed stumbled and felled down over the years?? Realistically...What must be done to put the horses before the cart in order that it will trot slowly and eventually gather pace over time??

The chairman who came last June 2013 had stated that the immediate task for KNM is to go for the low hanging fruits for top line and bottom line growth...by fine-tuning its business model to be more technologically competent , responsive, focussed, cost competitive and in that process deliver total added valued solutions to customers in upcoming mega projects in the Oil & Gas industry including RAPID in Malaysia plus the Energy industry. The chairman had also stated that KNM is looking forward to Peterborough project in establishing a new revenue stream for the group.

Currently the ordinary investor has no clue as to what was the causal factor/factors that had caused KNM price to reverse down trend all these years to UPTREND on last Monday , November 11 2013 and continued on BULLISH mode for 5 consecutive days???

Somehow Mr Market seemed to be signalling that something is driving up the share price but that something is unbeknownst to the ordinary investors right now...and every investor also know that the stock price reflects future performance at least 6 months in advance...Hmmm....One could easily sense that there is fear, greed, frustration, distrust, relief and hope oozing out in in every direction right now in regards to KNM......

Very interesting Indeed....!!!

Happy Investing Kawan kawan and do have a Good weekend !!

Posted by Christopher Tan > 2013-11-16 07:39 | Report Abuse

Tsurukame...nicely done this article. For myself, I always take less travelled road approach when it come to investing in shares. Definitely I will try to get some shares if the price does drop a bit. Maybe it is a bad decision, but time will tell ! Investing in shares is about risk tolerance and how much patience you have to wait for the flower to blossom ! Some people will definitely selling the shares....that's fine. Remember each of us have different investing style. It is like a chess..... why he makes this move ? Ask yourself. At the end of the day, I wish you happy trading ! It is my personal hard earned money.... I sure hope it make more than 4% if i put the funds in the bank !

Posted by yungshen1 > 2013-11-16 08:20 | Report Abuse

the charts tell us uptreand mode.y not u guys buy some earn some money poket.

Posted by tsurukame > 2013-11-16 08:40 | Report Abuse

Hmmm...There is still lots of fear, frustration, doubts , relief, very little confidence, not much greed n a little ray of hope towards KNM right now n yet the share price had closed in bullish mode for 5 consecutive days......Mr Market is signalling something is stirring up but somehow investors are still oblivious to it........still doubtful, frightened, distrustful........Is this a great investment opportunity .??....only time will tell......

Happy Investing kawan kawan.....

Posted by 31153115 > 2013-11-16 10:12 | Report Abuse

Dear Mr Sifu tsurukame, judging from your write out, it really convinced me that you are SOMEBODY in the stock market, you are really valuable to this forum.

I also follow your forum in Benalac, base on the confidence you have in the local O & G sector (RAPID especially), I guess Benalac will fly too after the family conflicts are settle, just like what happened in Petra/Perdana.

Hope you can continue guide the genuine investor in this forum, thank you very much for your good job done

Posted by JogYong Chia > 2013-11-16 10:27 | Report Abuse

don't love this counter. It always give BAD memory.

Posted by tsurukame > 2013-11-16 12:15 | Report Abuse

Hmmm...it is interesting to noticed that some investors fall in love with certain stocks...some really has no love whatsoever for other stocks such as KNM.....So should any investor fall in love with any of their preferred stocks???...I would rather approach investment with the following rules...

First rule: Don't fall in love with any stocks no matter how good value it offers
Second rule: Don't forget the first rule!!!

What is the rationale for the above rules...It is quite obvious...As an investor you would want to realize good returns on your investment...as long as the business model delivers to you good earnings per share and the earnings per share keep on rising by all means hold on to get better returns on your investment value...

The moment the earnings per share plateaus....one must then be vigilant but need not be panicky but must be ever more meticulously objective on whether there is any impairment to its business model...EPS can plateau for a while then shoot up or shoot down...Whatever it is ...one must be meticulously objective to make informed objective decision to realize value or extract higher value of ones investment...it must not be based on emotions such as fear, hate, distrust of objective facts staring right in your eyes, gut feel etc...

Perhaps it may be opportune now to be meticulously objective and ask probing questions on past, current and future business model per se of KNM

- What was the original business model of KNM when it started years ago?
- What was the business model when it stumbled and fell flat on its face and crawled for a while ?
- What has been tweaked or fine-tuned in the current business model right now ?
- Has current tweaked business model improved on its technological competence, response time, cost competitiveness , improved its organizational resources to offer TOTAL ADDED VALUE SOLUTIONS to future Oil & Gas & Energy Customers??
- What are the possible further changes to its business model that the BOD and management are striving for to drive up Revenue and EBIT???
- Will these changes if successfully implemented add great value or destroys value to KNM future earnings???
-Will KNM share price shoot up or meander down from current level if Peterborough and Borsig projects are realized some time in the future??

Do you agree with KNM chosen strategy right now?? Or do you think that KNM has embarked on the wrong strategic path to go after MEGA Oil & Gas & Energy projects whilst pursuing twin strategy to improve its financial health further by the future listing of Borsig and to pursue new sources of recurring revenue through its Peterborough projects??

If the answer is yes on the chosen strategy then why aren't you invested in KNM especially so when it reversed downtrend to UPTREND on last Monday, November 11 2013, and had closed BULLISH for 5 consecutive days this week??? Do you still has fear, bad memory, distrust, frustration, perhaps hatred and ambivalence to recent surge in its share price to bullish mode?? Always remember...the above emotions if not managed pro-actively and objectively may possibly make you miss out on a great INVESTMENT OPPORTUNITY of your lifetime....

Happy investing kawan kawan!!!

Posted by 31153115 > 2013-11-16 12:18 | Report Abuse

Mr, tsurukame, as for Peterborough Project, didn't KNM sell most of their stake last year??

Posted by wan2bsuper > 2013-11-16 13:26 | Report Abuse

How to go up , cant even bite at 50. more selling pressure than pushing northwards.profi taking or correction , more often than not reverse reaction. Previously when price was around 80 cts after dropping so much with RM1 revalue and downsize the volume , I average out each time drop few cents until nothing more to average anymore but it never work at all.The chairman have plenty of stories to tell about KNM order in the list including future development but sad to say its full of fantasy only.When he want to sell, all stories come out but until now the project in UK never materialise .

Posted by Mr. Jupiter > 2013-11-16 13:49 | Report Abuse

KNM- 60 cents next week yahoooo

Posted by Mr. Jupiter > 2013-11-16 13:50 | Report Abuse

Grab on monday morning before too late.. And take profit by T3

Posted by yungshen1 > 2013-11-16 15:05 | Report Abuse

are u going to buy knm share.tsuru

Posted by tsurukame > 2013-11-16 15:11 | Report Abuse

I was already in last Friday afternoon n last Monday morning...I am long on KNM...

Posted by ganasai > 2013-11-16 15:16 | Report Abuse

A lot of people disappointed. But no matter how, where you fall, where you should stand up back. This counter not for beginner because too much trader play everyday! But for those got patience, got skill set, got correct mind to play. No counter can make you lose, only you make yourself lose. So, dont blame the counter.

Posted by ganasai > 2013-11-16 15:20 | Report Abuse

No lousy counter, only got lousy people.

Posted by tsurukame > 2013-11-16 15:41 | Report Abuse

31153115
The chairman had stated that KNM is pursuing the Peterborough project..my take is thus project requires significant financial resources which KNM may best focus on leveraging it's re-tuned business model to win Mega Oil n Gas projects that contribute Higher Margin contributions to it's bottom line vide offering Total Added Value Solutions in it's core technological competency areas...

Posted by mfbs > 2013-11-16 15:48 | Report Abuse

Monday easy can 52.5??? ys1

Posted by yungshen1 > 2013-11-16 16:29 | Report Abuse

hope so .mfbs sure can.

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

hahaha...next week will rebound.. :-)

Posted by Carlsraj55 > 2013-11-16 22:18 | Report Abuse

All are hoping for the counter to move up, just go on to show many have invested in this counter and similar to them, I too have been holding for more than a year. But as Ganasai mention we have to be patient, also when the price is low buy to average down the price.

Posted by yifie_911 > 2013-11-17 10:01 | Report Abuse

i think price consolidation with happen next week

Posted by Effendy Tay > 2013-11-17 20:31 | Report Abuse

You are not wrong yifie the optimist don't like to hear that, it will down parallel with sumatec

Posted by Christopher Tan > 2013-11-17 20:39 | Report Abuse

It is ok...everyone has his or her own point of view. It will be interesting to see how the Year end rally and the January effect coming to play. Reverse psychology, am I playing with ?

Posted by yifie_911 > 2013-11-17 20:42 | Report Abuse

3Q financial report will be anounced within this week, right?

Posted by Effendy Tay > 2013-11-17 20:48 | Report Abuse

You are not wrong yifie be realistic

Posted by yungshen1 > 2013-11-17 20:57 | Report Abuse

hopefully 3Q results good earning.

Posted by asriruslan > 2013-11-18 08:56 | Report Abuse

KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. However the upward movement has encountered resistance at the level of 0.5. Traders should pay special attention to the price and volume behavior in order to determine whether this resistance level can be broken decisively for KNM to resume its upward movement. The RSI indicator is giving a reading in the overbought region. While this is expected given the recent upward movement, it also gives a warning that the current movement may be over-extended.

Posted by wan2bsuper > 2013-11-18 09:40 | Report Abuse

no hurry its not gold rush relax man stay cool

Posted by asriruslan > 2013-11-18 09:59 | Report Abuse

knm have to clear overbought>need more buyer

Posted by tsurukame > 2013-11-18 10:30 | Report Abuse

Correction is vey good...very healthy for solid base formation...

Posted by asriruslan > 2013-11-18 11:08 | Report Abuse

f volume still decrease>and seller more than buyer is not good sign for knm>be carefull for contrarian

Posted by asriruslan > 2013-11-18 11:10 | Report Abuse

buy 306,000
Sell 1,668,300

Posted by wan2bsuper > 2013-11-18 12:47 | Report Abuse

when t plus3 sampai lagi lok sampai lausai

Posted by yifie_911 > 2013-11-18 12:49 | Report Abuse

Hero today: BJAUTO

Posted by wan2bsuper > 2013-11-18 12:55 | Report Abuse

knm tak bolih pakai la. the chairman kena charge for manipulating tak berani goreng lagi. looser play among looser sampai pagi habis minyak engine rosak. sudah bosan dengan knm sandiwara.

Posted by Kevin Khoo > 2013-11-18 12:56 | Report Abuse

as long as closing not below than 0.475 then can continue

Posted by mfbs > 2013-11-18 15:43 | Report Abuse

going down

Posted by asriruslan > 2013-11-18 15:51 | Report Abuse

Buy 698,000
Sell 4,955,500

Posted by asriruslan > 2013-11-18 15:56 | Report Abuse

still have chance volume today is small >big player still there>hope tomorrow knm will rebound

Posted by tuapuikia > 2013-11-18 16:07 | Report Abuse

Hi guys, I wanted to sell this morning. but my remisier asked to hold and informed that big thing is happening soon. Not sure if it is true, anyone any news?

Posted by asriruslan > 2013-11-18 16:08 | Report Abuse

for long term is ok>keep and hold

Posted by asriruslan > 2013-11-18 16:10 | Report Abuse

knm is overbought>so will rebound later unless indeks drop again>that become trouble

Posted by asriruslan > 2013-11-18 16:17 | Report Abuse

good support at 0.465

Posted by yifie_911 > 2013-11-18 16:18 | Report Abuse

will close on 0.475

Posted by tsurukame > 2013-11-18 16:28 | Report Abuse

tuapuikia,
KNM had been on downtrend for many years and it reversed downtrend and turned bullish since last Monday, Nov 11 2013. It had closed bullish for 5 consecutive days last week. Today it looks like it will close bullish.

At this price level, down side is very limited but upside is much more .....Key info is trend had reversed from downtrend to uptrend...I am long KNM...

Posted by tuapuikia > 2013-11-18 16:29 | Report Abuse

thanks!

Posted by Christopher Tan > 2013-11-18 16:31 | Report Abuse

I am also long KNM, but I sure like to accumulate some more.

Posted by soulmad > 2013-11-18 16:32 | Report Abuse

continue to test the support level and wash out all the contra guy