All I can say...if your remisier doesn't recommend KNM below 0.50 sen.... it is better to think again whether his or her style of investing suits your personal needs. We all have different investing strategy.... it is time for redemption play ! KNM needs to break the TP 0.85 badly !
for those who recommended KNM below 0.45 sen in this website, I would say...you are GOOD in your judgment call. I can tell you are good investors ! Remember RESULT SPEAKS LOUDER ! Keep up your good work ! Self belief is very important when it comes to investing in shares ! Remember people can criticize you, but funny part they do not even know your "cards" and your investing strategy ! Yungshen1 and Asriruslan .... good call ! For myself, always expect the unexpected in the stock market !
Paklong...good strategy play ! Hope you help your friends to make some money too in KLSE ! Happy trading....let's enjoy the rally for a change ! Alot of people still skeptical on this KNM rally.... horses better run faster...do not look back !
Of course I always try to reward my remisier if he does a good job ! Win win situationfor both parties....always ask for his point of view, but end of the day I have to make my own decision based on my own investing strategy !
Knm has been upbeat mode.But the market is very down.Just wondering how long can knm withstand this.Its best to hit and run like jcash mentioned.There r a lot of variables at play.Contended is the way.
Tzangworld if price move up to 1.00 then the PE ratio will become 40plus ..is it logic? Dun ever determine the "cheap" stock based on the historical price chart...i still hold 40k unit and still feel regret even though i bought at 0.53 simply because i cant discipline myself to buy a value value value stock.
Malaysia shares won't care about logic one. You see last time iris shares rise from 0.10 to 1.00 without any financial fundamental. We would expect knm shares to do the same way as knm management also want their shares to look strong
Knm lack of cash flow , they probably want to move up the shares price. Then raised money through right issue exercise which mean high shares price , they will get more cash flow when shareholder subcrise to right issue shares.
Hi smallboy, with high shares price . They can maximise the cash receipt for right issue plan. This is their tactic. But after right issue finish , shares price will drop sharply.
Hi small boy, somemore knm subsidary company: borsig failed to listed in singapore stock market. Which mean they failed to raise capital, so they will try right issue plan. This month end, they will issue 4th quarter result. I expect their result will be very favarouble and shares price will hit RM 1.50. Then only they will annouce their proposal for right issue.
KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 0.625 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.
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 > 2014-02-04 12:09 | Report Abuse
that why better buy mother for this moment