KNM is low b'coz MD Lee lied to fund managers about privatising the company a few years ago. Once you lie, you lose the trust of the fund managers. No funds will buy the company anymore. Thats why.
KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. Furthermore, the next resistance level is quite far at 0.505.
terry who is your contact? I have one friend listen to "reliable source" and bought LIONCOR at 21 cents and now share price drop to 8 cents. Poor guy :(
KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. Furthermore, the next resistance level is quite far at 0.505.
that day when price going up to 0.505.do u know they key in 6000 lots at price 0.500. that day i already know share price will going up from 0.495 to 0.505
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....
Kelvin Tsai
119 posts
Posted by Kelvin Tsai > 2014-01-10 00:58 | Report Abuse
Some time I really cannot understand why KNM share RM1 par value with NTA RM 1.37 but the price is so low ?