careful guys, quarterly result on the way, what's going to be like, I guess every KNM fans here has it in their mind!!!Entering now will be like HOPE for the miracle.
We know that from the last financial report, KNM has yet to settle the RM 50 millions court case against Mission Biofuels Sdn Bhd. I think KNM could have another new material litigation to report in their up coming financial report..... Or are they in the same case?
Hello Ambani, I am not sure about that. Perhaps Mission "Biofuels" and Mission "Biotechnologies" are the same entity. Anyway, I think it could make an impact if they report it in their quarterly report . I agreed with Risk Trader, we wait.........
KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. It is important to calculate the risk/reward as the recent upward movement has pushed the price to be quite far from the support level of 0.46.
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....
asriruslan
2,081 posts
Posted by asriruslan > 2014-01-15 09:52 | Report Abuse
knm will rise slow and steady