if just follow those "analyst", then you really goto hell. when they said sell, you should buy, when they said buy, you should sell. Good boy will always the lose money one.
I believe the next target is .59 heavy resistance but I'm no sifu YS1 so better wait for his confirmation tom :) with the gains this past few days I heard he is at tai thong celebrating - hopefully he can put a good word to our fren Phillip to next goreng Scam me and his siblings and kick ayatollah OUT :)
friendsoweto i hope so knm can earn more money because strong USD.i also hope general lee will release good news to push the share price to 3.330.but must wait several years to reach that price.
analysts have long given up on this stock. They feel conned by management. The reputation of ZJ advisory whose services KNM relies on is also in tatters
heavily traded for 2 days, still no news, it would be like casino already this counter, be careful guys, got profit better pull out and wait for next JOKER to come
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 0.61. (nearest tp 0.61)
No..KNM = either Kuda, Kerbau or Kambing Nak Mari. ....looking at the trend...I think its Kambing...last few months is Kerbau...slow slow up/down at 40-42 sen. Then Kuda...fast fast fly.....now u see the Kambing come la....run down, up, left, right....u want to chase the Kambing?
Guys...I looked through all the research to try to justify the price movement...
********** Extracted from research ************* Lowering our estimates. Given the uncertainties facing the company, including: i) the continuity of the Peterborough project, ii) weak prospects for its orderbook replenishment, and iii) weak operational capability to execute its projects, we lower our FY13 and FY14 revenue forecasts by 12.9% and 14.5% respectively. Consequently, we reduce our earnings forecasts by 22.6% for FY13 and 20.7% for FY14.
On the corporate front, we gather that the proposed listing of Borsig (its core division based in Germany) in the SGX has been delayed and is unlikely to meet the 2014 deadline
earnings from Borsig GmbH declined - 11.4%yoy and -32.6%yoy respectively
KNM is suffering from weakening orderbook, bleak term stock catalyst, potential roadblock in the listing of Borsig on SGX and continued deadlock in Peterborough project financing ************************************************************ Added borrowing of EU220M in Dec
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....
Frank Soweto
3,425 posts
Posted by Frank Soweto > 2014-01-22 23:43 | Report Abuse
Posted by speakup > Jan 22, 2014 10:54 PM | Report Abuse
my remisier in Kenanga say 70-80sen. but then if hit rm1, even better for me :)
even better for my fren Ys1 :)gambateh