I have a feeling it will break the TP 0.85 sen...sounds crazy....but everything is possible in stock market ! Let's hope for the best for the Year of Horse !
how does this effect KNM..."The Proposed Par Value Reduction involves a cancellation of RM0.50 of the par value of every existing ordinary share of RM1.00"...?
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 0.58.
if this quarter result weak...knm price will be moving down....knm buyers would have been profited by that time....whereas..knm-wa holders....will be looking for psychiatrist because of traumatism
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....
smallboy
234 posts
Posted by smallboy > 2014-02-03 18:56 | Report Abuse
If u pick knm then u must one not worry albiut QE.. Lets worry about TA