KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.065

Today's Change

0.00 (0.00%)

Day's Change

0.06 - 0.065

Trading Volume

2,809,000


72 people like this.

59,048 comment(s). Last comment by coolinvestor 1 day ago

parker

830 posts

Posted by parker > 2014-10-13 12:18 | Report Abuse

what happened??? 0.O

simon84

7,147 posts

Posted by simon84 > 2014-10-13 12:37 | Report Abuse

Cautions : If this few days fail to move above 0.86 then may break below 0.80 and move more lower .

For more details look at https://www.facebook.com/536182926525672/photos/a.536202076523757.1073741828.536182926525672/538701109607187/?type=1&theater

bigcat

31 posts

Posted by bigcat > 2014-10-13 12:40 | Report Abuse

Asian markets suffered fresh selling pressure Monday while the dollar dipped and oil hit multi-year lows following another round of losses on Wall Street fuelled by global growth concerns.

There was little movement immediately after China released data showing a better-than-expected jump in exports and imports.

Investors are also warily watching events in Hong Kong as police begin removing barricades erected by pro-democracy protestors that have jammed up some of the city's main roads for the past two weeks.

Hong Kong lost 0.66 percent, Shanghai fell 1.05 percent, Sydney lost 0.67 percent and Seoul eased 0.65 percent.

Tokyo was closed for a public holiday.

Global markets have been sent into a tailspin in recent weeks as traders fret over the state of the global economy, with China, the eurozone and Japan struggling despite the United States clawing its way back to health.

The latest indicators on the global outlook came from Beijing Monday, with official data showing exports rose 15.3 percent year-on-year and imports climbed 7.0 percent.

The rise in exports accelerated from August's 9.4 percent and was ahead of the median forecast of 12.5 percent. The survey had predicted a fall of 2.4 percent in imports, matching a surprise decline in August.

Customs spokesman Zheng Yuesheng attributed the improvement to major economies recovering and external demand strengthening.

"The good momentum is expected to continue in the fourth quarter," he added.

- Warning over China -

But while the figures beat expectations, traders are still worried about the strength of world's number-two economy, which is a key driver of global and regional growth.

Desmond Chua, market analyst at CMC Markets, told Dow Jones Newswires the data "was a lot more disappointing than we had expected" and "cements the view that China might be in for quite a hard landing".

On currency markets, the dollar eased to 107.15 yen from 107.65 yen in New York Friday, while the euro was at $1.2683 against $1.2627.

The single currency was also at 135.61 yen, from 135.97 yen.

The Japanese yen, which is considered a safe bet in times of turmoil, has rallied over the past as equities markets have tumbled.

Wall Street's three main indexes ended in the red on Friday. The Dow fell 0.69 percent, the S&P 500 tumbled 1.15 percent and the Nasdaq slumped 2.33 percent.

In Hong Kong, police began removing some of the barricades that have clogged up parts of the city, catching some demonstrators unawares after their numbers had dwindled overnight.

However, the protesters remained at the site in Admiralty district and police said they were intent on clearing blockages to traffic rather than ending the demonstration.

While the Hang Seng initially tumbled in response to the stand-off, it recovered most of its losses as tensions have cooled, despite the city's partial shutdown.

Oil prices tumbled again on pessimism about demand for the black gold. US benchmark West Texas Intermediate for November delivery fell 94 cents to $84.87 -- its weakest for two years -- while Brent North Sea crude lost 96 cents to a four-year low of $89.25.

Gold was at $1,233.38 an ounce against $1,222.00 late Friday.

Posted by terraformer > 2014-10-13 12:49 | Report Abuse

The effects of macroeconomic outlook

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-13 12:57 | Report Abuse

Joeylee, Like it when you say it has positive Rhythm. I love positive energy.

Joeylee

807 posts

Posted by Joeylee > 2014-10-13 13:08 | Report Abuse

1st --- 150 millions injected in January 2014 at 0.5 - 0.54.
2nd -- 110 millions injected in April 2014 at 0.79 - 0.85
3rd -- 50 millions injected in September 2014 at 0.82 - 0.90

2nd and 3rd is the bankers
1st is epf..

Epf is withdrawing from this game. Now the bankers is losing. Soon they have to inject in again in order to compensate back the losses. Hold on this price 0.8 to 0.795.

EPF is now withdrawing almost completely already.


Thus below 0.79 is a bit dangerous. It will extend down to what level I do not know..

kakisaham

7,263 posts

Posted by kakisaham > 2014-10-13 13:09 | Report Abuse

menunggu 48c

Joeylee

807 posts

Posted by Joeylee > 2014-10-13 13:11 | Report Abuse

We are small kaki wait lo..

kakisaham

7,263 posts

Posted by kakisaham > 2014-10-13 13:15 | Report Abuse

wait2 48c coming

Joeylee

807 posts

Posted by Joeylee > 2014-10-13 13:16 | Report Abuse

27 - November - 2014 report will be out. Hold Hold Hold..

gymkhana

512 posts

Posted by gymkhana > 2014-10-13 13:58 | Report Abuse

downtrend looklike...

FatBigBen

358 posts

Posted by FatBigBen > 2014-10-13 14:05 | Report Abuse

If break 0.795 closing.... Die

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-13 14:11 | Report Abuse

EPF is acquiring back...... for the last 2 transaction.

systane

150 posts

Posted by systane > 2014-10-13 14:14 | Report Abuse

rapid news hopefully can initiate the rebound..

FatBigBen

358 posts

Posted by FatBigBen > 2014-10-13 14:17 | Report Abuse

Ahmad , how u know is epf?

parker

830 posts

Posted by parker > 2014-10-13 14:18 | Report Abuse

oh nooooooo ;O

samsung555

478 posts

Posted by samsung555 > 2014-10-13 14:38 | Report Abuse

KNM is temporary injured only.......

hobbits

121 posts

Posted by hobbits > 2014-10-13 14:40 | Report Abuse

Guys why panic if its a solid counter? only temporary.

systane

150 posts

Posted by systane > 2014-10-13 14:42 | Report Abuse

epf is acquiring back.. none of the directors are selling.. rapid contract is on the way.. price is falling.. great opportunity to collect now..

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-13 14:43 | Report Abuse

FatBigBen...

I means last 2 announced trading... previously EPF always disposed this counter.... now they are buying back.... and we could expect they are buying back to reach 100mil shares

Posted by terraformer > 2014-10-13 15:19 | Report Abuse

why the warrant so bad ? what's the fair value ?

feifun

376 posts

Posted by feifun > 2014-10-13 15:27 | Report Abuse

warrant will give higher return in terms of percentage when rebound

hobbits

121 posts

Posted by hobbits > 2014-10-13 16:06 | Report Abuse

It seems that the news is true about RAPID contract

agni23

70 posts

Posted by agni23 > 2014-10-13 17:12 | Report Abuse

sentiment on this KNM counter really koyak ! breaking 80sen ... ya maybe a slight rebound tomorrow depends what happen to Dow tonight ! Again, this KNM did not make any announcement on RAPID or other contracts they secured. I doubt they have any contracts left ... haha ...

I hope they don't come to shareholders and ask for money $$ tolong tolong don't ask money from us !! I will dump this KNM if they ever come to ask for money from shareholders and not getting any contracts out there ! F***

agni23

70 posts

Posted by agni23 > 2014-10-13 17:26 | Report Abuse

Oil price is at 4 year low
Gas price lagi depressed !

KNM not securing new contracts ! If they win some and lose some is fine with me ... but now, they no sound at all ...

apa lagi "SOLID COUNTER" ??

feifun

376 posts

Posted by feifun > 2014-10-13 17:28 | Report Abuse

KNM producing oil? contract value tie to oil price?

Simple man

908 posts

Posted by Simple man > 2014-10-13 17:31 | Report Abuse

still got hope to go up? doubt

agni23

70 posts

Posted by agni23 > 2014-10-13 17:31 | Report Abuse

low oil price is not favourable to KNM .. .thats why you saw selldown on this counter some time ago when the oil price started to come off ...

when oil price going down a lot of refinery projects not viable anymore ! i was a long time shareholders and back in 2008,
many of their clients' projects called off because the projects no longer going ahead !!!!

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-13 17:33 | Report Abuse

But RAPID will never call off.

water99

240 posts

Posted by water99 > 2014-10-13 17:45 | Report Abuse

During oil price peak KNM also fall to ground mah!

Joeylee

807 posts

Posted by Joeylee > 2014-10-13 17:47 | Report Abuse

Wait . Big power bankers still inside. They are losing as well if they drop it to cut loss. Like glotec one single power only. Bjcorp also two weak powers. Knm has few banker power. It is worth to wait. 0.79 is a bit dangerous if they still not injected in.

Posted by jamal123456 > 2014-10-13 17:49 | Report Abuse

Knm ,big boys sudah jual byk2,brapa harga nak beli?

SP0094701

654 posts

Posted by SP0094701 > 2014-10-13 17:51 | Report Abuse

Better all sell...let the prise going down to 0.60..hehehe time to sapu hahahha

Joeylee

807 posts

Posted by Joeylee > 2014-10-13 17:51 | Report Abuse

Stock is like playing game with big buyer. Not really call investment. I will be here to report my view. Lol.

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-13 17:53 | Report Abuse

Joeylee... apart from EPF which institutional is still with KNM?

Even though its show paper loss of more than 15% now I will not sell even if its goes down at 50% level.....

I will just top-up double.

Joeylee

807 posts

Posted by Joeylee > 2014-10-13 18:43 | Report Abuse

Tommorrow up to this week end klse not yet rebounce. I will close all and rest. The length and timing is nearly complete already. Cannot go down anymore this week. My second time limit. Djia bearish volume getting bigger. Cannot tolerate anymore if still goes down.

lonkeyloh

25 posts

Posted by lonkeyloh > 2014-10-13 18:47 | Report Abuse

Posted by Joeylee > Oct 13, 2014 06:43 PM | Report Abuse

Tommorrow up to this week end klse not yet rebounce. I will close all and rest. The length and timing is nearly complete already. Cannot go down anymore this week. My second time limit. Djia bearish volume getting bigger. Cannot tolerate anymore if still goes down.



joeylee, my master so smart, he sold all n went to europe no eyes see mkt liao. now slaughter time for those so called longterm investor.

if this week drop dont rebound, garanti next week margin force selling.
ci first stop 1770 level, if break, 1700.

aiman2010

115 posts

Posted by aiman2010 > 2014-10-13 18:57 | Report Abuse

toorrow green... think postive... 0.84

Joeylee

807 posts

Posted by Joeylee > 2014-10-13 19:11 | Report Abuse

There were too many times bear calling from year 2012. I did my own homework as you can see in my blog. I have my own limit. Wave c is almost complete already. Should never greater than wave a. Greater means invalid already. Then it is really bearish. Lazy to post now so i talk in here. Do not give up because there are too many fake bearish signals since year 2012.

gymkhana

512 posts

Posted by gymkhana > 2014-10-13 21:12 | Report Abuse

i feel like atarah said @hubline thread

bo6712

119 posts

Posted by bo6712 > 2014-10-13 23:01 | Report Abuse

tomoro mkt will b gud .... KNM too will b gud ...so not to worry too much lah

bubble

71 posts

Posted by bubble > 2014-10-13 23:07 | Report Abuse

i really hate to break this to some of you......but HOPE is not really a strategy

rise

301 posts

Posted by rise > 2014-10-13 23:07 | Report Abuse

oil price free fall....O&G stocks koyakk......the good times for O&G companies start to suffering losses

gymkhana

512 posts

Posted by gymkhana > 2014-10-14 08:01 | Report Abuse

this market trend... will be rebound

FatBigBen

358 posts

Posted by FatBigBen > 2014-10-14 08:10 | Report Abuse

Knm today sure rebounce.. Buy more buddy is offer~ happy trading

Will Xex

23 posts

Posted by Will Xex > 2014-10-14 08:39 | Report Abuse

Another bad day for Dow Jones drop 223.03...

hobbits

121 posts

Posted by hobbits > 2014-10-14 09:04 | Report Abuse

Good opportunity to go in more.

gymkhana

512 posts

Posted by gymkhana > 2014-10-14 09:55 | Report Abuse

positif... hehehe

Luibekah

17 posts

Posted by Luibekah > 2014-10-14 10:03 | Report Abuse

Perhaps good time to wait for low price for KNM again, tasted RM1 but effected by bloody market..... chances of rebound will be when market go back hot.... KIV this counter

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