Posted by impartiality > 2014-12-03 15:42 | Report Abuse

IF they want to proceed with the rights issue, they have to get the share price back to 50sen and above by nook and by crook. Rights share cannot be sold below par value of 50 sen and no rights issue have been sold at a premium before

Posted by Joeylee > 2014-12-03 16:24 | Report Abuse

straight ahead to center of earth.. reach 0.4 critical level.. From 1 hour chart, should be able to reach 0.4

Posted by Joeylee > 2014-12-03 16:44 | Report Abuse

Weekly sell volume getting bigger. Next week still continous.. Dump la.. Why waiting again..

Posted by Joeylee > 2014-12-03 17:00 | Report Abuse

0.475 buy in now finish. Not even bounce back. This week sell volume should be more than 50m.. Until 4th week of december , volume will be decrease down.. Full acceleration now..

Posted by Friendship > 2014-12-03 17:09 | Report Abuse

Yes agree the right issue can't be lower than 0.50
So now buy at 0.45 is free money! 10% guaranteed return
Haha

Posted by yifie_911 > 2014-12-03 17:22 | Report Abuse

Will them just cancel the right issue proposal?

Posted by Friendship > 2014-12-03 18:05 | Report Abuse

Cancel right issue even better la

Posted by MultiBillionaire > 2014-12-03 18:57 | Report Abuse

Knm go down to 0.2 then i buy

Posted by Joeylee > 2014-12-03 19:56 | Report Abuse

Current oil price is at 67.2. 70 is the entry price. Target will reach 85.00 to 90.00 in two months. KNM certainly is not a best choice to enter when reach 70 signal level. Dialog medium risk type is ok.

Posted by Joeylee > 2014-12-03 20:01 | Report Abuse

Monday actual already giving a signal the low is 63.72. This point is already achieved. But however seems malaysia stock market is lagging two days. More confirmation when oil price reaches 70.00

Posted by pang72 > 2014-12-03 20:02 | Report Abuse

I tot oil will drop to usd40......look at abang adik us-arab....so corporation in slumping the oil....not stop yet

Posted by Joeylee > 2014-12-03 20:04 | Report Abuse

KNM only left 0.066 reach to the bottom ... Not a good choice.

Posted by Joeylee > 2014-12-03 20:06 | Report Abuse

Oil price will not continuous drop to 40. It must bounce back and continues drop again. Next drop target will be below 53.50. In here can scalp a little bit. Grab this opportunity.

Posted by Joeylee > 2014-12-03 20:10 | Report Abuse

The lowest should be below 32.00 that is at 20.00 and this the lowest last price in next 10 years history. We are so lucky to be around in this time, aren't we ?

Posted by MultiBillionaire > 2014-12-03 20:13 | Report Abuse

_Feel so hapi to be malaysian everything down

Posted by Joeylee > 2014-12-03 20:15 | Report Abuse

Thus that is why klse today achieved the new low in this year. New low does not mean is no good. Actually it is turning point and complete 5 waves down.

Posted by Terry Sinclair > 2014-12-03 20:16 | Report Abuse

I gave 1st warning last time.This time 2 rd warning..Stay away from KNM..Shale producers can still make profit below US 50 per barrel.Unlike OPEC it is companies in US not countries easy to manipulate ,US controls the world in 2015 in terms of warfare or oil.It is just beginning .Knm will drop until oil hits 50 per barrel .Then u can buy if u are strong hearted.

Posted by Joeylee > 2014-12-03 20:19 | Report Abuse

Terry buy dialog..

Posted by Joeylee > 2014-12-03 20:21 | Report Abuse

If not buy Pmetal ..LOL

Posted by Dunknow > 2014-12-03 20:22 | Report Abuse

joeylee...i thought u said usd 40?and insist usd 40?hmm...

Posted by Joeylee > 2014-12-03 20:23 | Report Abuse

I revised already ma..

Posted by Joeylee > 2014-12-03 20:25 | Report Abuse

Wait for friday oil price will achieve 70.00. Then next monday KLSE will fly again..

Posted by Joeylee > 2014-12-03 20:28 | Report Abuse

Maybe tomorrow. Lagging two day ma..

Posted by pang72 > 2014-12-03 20:29 | Report Abuse

I still think it is usd40...be careful of klse

Posted by Joeylee > 2014-12-03 20:33 | Report Abuse

Impossible direct to 40.. From 100 to 67 = 33 From 100 to 20 = 80 From 80 divide by 3 = 26.7 ... Waves always consists 5 and 3. Now it is 33 more than 26.7. Each of the wave is visible and have certain of range to occupy.

Posted by pang72 > 2014-12-03 20:46 | Report Abuse

Not direct la...maybe q1next year

Posted by Terry Sinclair > 2014-12-03 21:10 | Report Abuse

read cnn money..America defiant...

Posted by Joeylee > 2014-12-03 23:08 | Report Abuse

But the days of $100 oil might be a thing of the past for now, even though it was in triple digit territory as recently as July. Nysveen estimates it will take around five years to get back to that level.

"There are a lot of OPEC countries that won't be able to sustain the lower energy price," said Flynn."It's going to be hard to maintain unity.


This news gives a bit clue..
Yeah not all countries in opec can sustain the lower price.. Planning to go for another 5 years but do you think it is possible. So the 70 is the signal level.. Planning started on october 2014. First try out seems end now on december 2014. It will rebounce back to 85-90 because not all agree. So there will be 2nd try out opec meeting again to push to 53.50 and 3rd try out to 20.00. Finally they realized they are hurting themselves. So they will let it go...maximum is only 1 year end on 2015.

Posted by Joeylee > 2014-12-03 23:13 | Report Abuse

Again knm is not a good choice

Posted by 1star > 2014-12-03 23:19 | Report Abuse

Oil price will go down to US$55 in 2015........this is follow by world market crash

Posted by 1star > 2014-12-03 23:21 | Report Abuse

US Dow jones is in all time high and will enter 2015 with waterfall in the making ..... very dangerous

Posted by Joeylee > 2014-12-03 23:28 | Report Abuse

Stupid opec leadership. Cannot compete with US then try this stupid way of killing themselves..LOL. You can see at last Opec all members will be out of this stupid act.. So the price will rebounce back even higher than 100 to compensate their losses for this 1 year try out..

Posted by Joeylee > 2014-12-03 23:35 | Report Abuse

So with aid of crude oil in 2016, US market DJIA will break 19000 toward 20000. Market crash.. ? I do not know whether there 2nd try out or not because not all of them agree... Grab the opportunity of 1st rebounce..

Posted by sakaria > 2014-12-03 23:39 |

Post removed.Why?

Posted by Joeylee > 2014-12-03 23:42 | Report Abuse

Do you ever heard "Falling of from the wagon" ? LOL..

Posted by Joeylee > 2014-12-03 23:50 | Report Abuse

KLSE everyday i count and count. Count in this angle and that way or up and down. Impossible.. Still not yet fulfill its target towards 2000..Market crash ????

Posted by asriruslan > 2014-12-04 09:44 | Report Abuse

Technically, it is not looking good for KNM as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. This is further compounded by the recent bearish breakout of the support level of 0.46. This breakout was accompanied by a higher than average traded volume which shows the bearishness of the traders to push the price lower and past this support hence pointing to a higher probability of a bearish breakout.

Posted by asriruslan > 2014-12-04 09:44 | Report Abuse

0.40 on the way

Posted by Shaun > 2014-12-04 10:15 | Report Abuse

It is a matter of stability of oil & gas price; if the crude oil price is stable at around USD 70 per barrel. So the main players will push the price up to 60 cents in one to week as rebound. That is why they are playing the prices to push the contra loss from those people in the market.

Posted by Edmund investor > 2014-12-04 10:37 | Report Abuse

Oil price won't stabilise as there a war going on between opec & US shale oil producer . A rebound will not last

Posted by Shaun > 2014-12-04 10:46 | Report Abuse

That is depend on the economy where there is the demand and supply; if the china economy rebound from new stimulation package. The oil price will be up. Anyway it depends on the economy.

Posted by Gusen > 2014-12-04 12:42 | Report Abuse

brought 0.455, you won't see this price again, when ppl fear, you buy.

Posted by kakisaham > 2014-12-04 12:54 | Report Abuse

ya.ya...ini petang ada jalan sikit lagi

Posted by Joeylee > 2014-12-04 13:11 | Report Abuse

Tonight crude oil will reach 69.00. Tomorrow friday reach 70.00

Posted by Joeylee > 2014-12-04 13:13 | Report Abuse

Buy supermx, pmetal, smrt and dialog.. Choose any of them..

Posted by Joeylee > 2014-12-04 13:26 | Report Abuse

KLSE already reach the check point 1755.. 1743 the lowest..Exact timing when oil want to rise.. Lagging one day..

Posted by Joeylee > 2014-12-04 13:26 | Report Abuse

Buy buy buy..

Posted by DeHouse > 2014-12-04 13:31 | Report Abuse

Hi Joeylee, Pmetal is a history, buying it is as good as buying any of the oil companies. every share has its glory time, but now obviously this is time for those companies which are benefited from dropping oil prices. This is periodical and in stock market this is the fundamental ideals and life cycles. Pmetal time will be back, but not now, just like all oil companies. If anyone of you here will be brave and buy airasia and keep as short as 3months to 6 months, You will be thankful for what I have suggested.

Posted by DeHouse > 2014-12-04 13:34 | Report Abuse

http://klse.i3investor.com/blogs/logictradinganalysis/65561.jsp take a look of this proven record for some airline in other region this is just in 3 months

Posted by Joeylee > 2014-12-04 13:42 | Report Abuse

Dear DeHouse, Pmetal has on going 3rd phase. Will be completed next year. Do you know or not ? Not historical. Same size with phase 2.