KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.065

Today's Change

+0.005 (8.33%)

Day's Change

0.06 - 0.065

Trading Volume

169,900


72 people like this.

59,048 comment(s). Last comment by coolinvestor 13 hours ago

godbless88

1,316 posts

Posted by godbless88 > 2014-11-26 16:11 | Report Abuse

Won't go up much for now, most of the the small caps under selling pressure.

simon84

7,147 posts

Posted by simon84 > 2014-11-26 16:13 | Report Abuse

market gone crazy...panic selling due to tomorrow OPEC meeting ..

SySySy

35 posts

Posted by SySySy > 2014-11-26 16:13 | Report Abuse

QR not bad.. but it seem it doesn't help the share price.. why?

godbless88

1,316 posts

Posted by godbless88 > 2014-11-26 16:15 | Report Abuse

not just knm, look around other small caps. 480 counters down.

NewBuddy

36 posts

Posted by NewBuddy > 2014-11-26 16:17 | Report Abuse

agree..

Posted by cherlynlim > 2014-11-26 16:17 | Report Abuse

bottomline is:
insiders want it to up, it will up.
insiders want it to down, it will down.
everything else is not important

samShare

120 posts

Posted by samShare > 2014-11-26 16:18 | Report Abuse

HI simon84, will the OPEC meeting affects this counter?

Sean

741 posts

Posted by Sean > 2014-11-26 16:19 | Report Abuse

profit are much higher than previous q... http://www.bursamalaysia.com/market/listed-companies/company-announcements/1805509

cassyee

1,018 posts

Posted by cassyee > 2014-11-26 16:21 | Report Abuse

OPEC meeting very important... all scary.....

simon84

7,147 posts

Posted by simon84 > 2014-11-26 16:22 | Report Abuse

ya...OPEC meeting will affect most of the counters..

simon84

7,147 posts

Posted by simon84 > 2014-11-26 16:23 | Report Abuse

no matter how good the FA is the upside just a temporally cause most of players will taking profit and wont hold for so long if OPEC bring a bad news ..

samShare

120 posts

Posted by samShare > 2014-11-26 16:25 | Report Abuse

what time is the OPEC meeting tomorrow ?

cassyee

1,018 posts

Posted by cassyee > 2014-11-26 16:26 | Report Abuse

pray hard hard is positives news... if not .......

simon84

7,147 posts

Posted by simon84 > 2014-11-26 16:27 | Report Abuse

http://www.opec.org/opec_web/en/311.htm
Here is the link you may go through

samShare

120 posts

Posted by samShare > 2014-11-26 16:33 | Report Abuse

thanks simon84

azfar8

976 posts

Posted by azfar8 > 2014-11-26 16:40 | Report Abuse

if OPEC bring bad news, if OPEC bring positive news? Anyway, measures should have been discuss in the meeting to prevent it from going much lower.... we are all already tired in this downtrending movement in this sector, hahaha

agni23

70 posts

Posted by agni23 > 2014-11-26 16:46 | Report Abuse

dear traders, what is more important is whether the oil price moves up or not after OPEC cut. Just cutting production is not good enough ...

If OPEC cut 1m barrel/day, this can easily fill up by other non-OPEC countries like Malaysia, Indonesia, USA, Russia and even Canada ... Once you give up your market share, you will never get it back so easily.

I dare to bet OPEC WILL NOT CUT !

Even if they cut, NO IMPACT on OIL PRICE

yapts

563 posts

Posted by yapts > 2014-11-26 17:01 | Report Abuse

Nine-month net profit 39.814m (increased 186.62%) which causes the price surge at 2.30pm opening trade,see how Mr Market react tomorrow.

AUDIRS7

3 posts

Posted by AUDIRS7 > 2014-11-26 17:09 | Report Abuse

Oil price will tend to test new low, is wise not to touch any O&G stock now.

yapts

563 posts

Posted by yapts > 2014-11-26 17:17 | Report Abuse

For the short term,the answer is definitely yes.

MercuryRX

977 posts

Posted by MercuryRX > 2014-11-26 17:19 | Report Abuse

Will start to fly tomorrow...

AUDIRS7

3 posts

Posted by AUDIRS7 > 2014-11-26 17:28 | Report Abuse

Just a simple technical analysis, short term bound range is 0.575 - 0.63. If breaks below, 0.50 awaits you. Likewise, if breaks above 0.630, target 0.70.

Ring

6,522 posts

Posted by Ring > 2014-11-26 17:35 | Report Abuse

KNM Q3 Earnings Soar 160% To RM16.44m

2 hours ago
KUALA LUMPUR: KNM Group Bhd saw its net profit jump almost 160% to RM16.44mil in the third quarter ended Sept 30, 2014 from RM6.32mil due to better margin contribution and lower operating cost......@Ring good profit share price push down by sharks....??????

Vin Tan

147 posts

Posted by Vin Tan > 2014-11-26 17:47 | Report Abuse

Sentiment,sentiment,sentiment. Opec meeting is making everybody very nervous. Hopefully price action today already factored in worst outcome of the meeting

simon84

7,147 posts

Posted by simon84 > 2014-11-26 17:49 | Report Abuse

At this moment what TA also useless. The only thing to decide further direction is tomorrow OPEC meeting .

AUDIRS7

3 posts

Posted by AUDIRS7 > 2014-11-26 17:59 | Report Abuse

TA is just a tool for you to decide how much position you wanna hold/ buy at certain price, nothing more. When you are not certain the price trend, just sit still, do nothing. Further, why hold position and bet for tomorrow's news, is just a typical gambler behaviour.

Vin Tan

147 posts

Posted by Vin Tan > 2014-11-26 18:16 | Report Abuse

If no production cut further volatility in oil price will continue. But no cut also means drilling and pumping will go on as usual. It should ma chau pow,U chau thiau for equipment manufacturers and storage facility providers or those in the oil supporting industry such as KNM. Ai, sentiment ?

MercuryRX

977 posts

Posted by MercuryRX > 2014-11-26 19:34 | Report Abuse

It will up at least 70c

pang72

52,265 posts

Posted by pang72 > 2014-11-26 21:10 | Report Abuse

OPEC meeting without cutting oil production. KNM will collapse

Friendship

1,616 posts

Posted by Friendship > 2014-11-26 21:45 | Report Abuse

Opec confirm cut d
But just symbolic cut

azrin

232 posts

Posted by azrin > 2014-11-26 21:52 | Report Abuse

buyat 59...hopefully shoot 665.....mny que at this prce.....now time to rebound

xiaxiwola

34 posts

Posted by xiaxiwola > 2014-11-26 21:53 | Report Abuse

opec cut, continue downtrend.
opec no cut. sudden meltdown to below 70

azrin

232 posts

Posted by azrin > 2014-11-26 21:54 | Report Abuse

fyi,knm started located their fab shop in pengerang....they need a lot money to settle down in pengerang

mrgg

31 posts

Posted by mrgg > 2014-11-26 22:07 | Report Abuse

knm Q3 result good

xiaxiwola

34 posts

Posted by xiaxiwola > 2014-11-26 22:10 | Report Abuse

result good or no good also will go test 50c.

cassyee

1,018 posts

Posted by cassyee > 2014-11-26 22:35 | Report Abuse

If 50c. I want go twin tower liao.

xiaxiwola

34 posts

Posted by xiaxiwola > 2014-11-26 22:36 | Report Abuse

2 things r wrong with this stock.

wrong ceo ( conman reputation )
wrong sector (oil n gas)

Hitman

1,301 posts

Posted by Hitman > 2014-11-26 22:54 | Report Abuse

cassyee, what are you going to do there twin tower?hehe..jump?

cassyee

1,018 posts

Posted by cassyee > 2014-11-26 22:57 | Report Abuse

Go jumping down la... LOL~~~

xdar

399 posts

Posted by xdar > 2014-11-26 23:05 | Report Abuse

Trade carefully, Saudi Arabia unlikely to agree to output cut in OPEC meet

http://www.theedgemarkets.com/my/article/oil-steadies-below-79-market-doubts-opec-cut

pang72

52,265 posts

Posted by pang72 > 2014-11-26 23:43 | Report Abuse

50sens is possible...if saudi not agree to cut output

agni23

70 posts

Posted by agni23 > 2014-11-27 06:26 | Report Abuse

Saudi will be very stupid to cut production. Firstly they will lose market share to non OPEC members and secondly pushing up oil price only will benefit ISIS who is at their border now. A dollar more for the terrorists is another bullet to their foot. ... If anyone of you think OPEC will cut please think twice

PHDC

576 posts

Posted by PHDC > 2014-11-27 07:53 | Report Abuse

sell on news... buy on RRRRRRR.....

gymkhana

512 posts

Posted by gymkhana > 2014-11-27 08:57 | Report Abuse

General Meeting : Notice Of Meeting :-

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1806457

systane

150 posts

Posted by systane > 2014-11-27 09:19 | Report Abuse

Still being pressed.. aiya...

cassyee

1,018 posts

Posted by cassyee > 2014-11-27 11:09 | Report Abuse

right share at 0.50??

azrin

232 posts

Posted by azrin > 2014-11-27 11:21 | Report Abuse

solid

DeHouse

116 posts

Posted by DeHouse > 2014-11-27 11:50 | Report Abuse

how do you guys think of this Price at RM0.58? going in or out?

mamaky

47 posts

Posted by mamaky > 2014-11-27 12:04 | Report Abuse

so high volume but price keep slipping away.

bo6712

119 posts

Posted by bo6712 > 2014-11-27 12:27 | Report Abuse

new low 0.565 ... so apa macam still got hope or not tis counter ... Q result very gud but price keep on falling ... any idea anyone

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