Don miss the low price golden opportunity; In market, there is always share price risk but it is very low risk due to oil price crisis. Therefore, KNM's share price drop to very low and your same amount of money and able to buy double amount of shares as compared to 90 cents of the share price two months ago and rebound to 60 cents even has better chance ago. "Don let main players take advantage by accumulating those shares sold at low price by weak shareholders". Oil price is volatile but it is very low in the current market due to oil production ( US market is stable, China and Europe markets are slight weak but if they will take stimulate packages to boost their economy). good luck !!
Sumitomo will be joined in phase 3 and release this news to japan. One single call in Japan and one day price can jump up 1.00. Now because of oil, all small retailers are fear and dump. Big buyers still ain't move away from pmetal. 1.9X something is very low already..
When pmetal is running operation, you can see the quarter report is double than previous and countinous.
Airasia now is temporarily up, crude oil is not really so confirm will drop further. You can see a big gap in airasia. Big gap appeared because only one single big buyer injected in only. Not three big buyers. This gap will be closed by other big buyers when crude oil price is rising.
From dec 2013 up to Nov 2014 price stays flat at that level. There is no obvious sign of the lowest has been achieved. It is impossible airasia price will go up further without any obvious sign. Such big opening gap like this certain will lure other big buyers to close it. They are smilling. This big buyer will lose at last trap in the high price..
Joeylee, I believe you get your points here about the Pmetal and Airasia. I agree with some of your points. But you should know in the stock market, there is for few type of investment strategies and how long do you hold the share. For KNM, This is around 6-8months raised to 1.1 and start dropping to now 0.46, but do you see the business going down? no, but on the other hand, all analysis said KNM get more profit and projects. Pmetal the same, this is good this is going well, but this is about ppl with investment trends. I believe you don't get what I meant. Pmetal will be flat or not going up for a while, and this stock has reached the climax and this time going down.
For Airasia, Big player yes. But do you know that EPF has been disposing the share almost everyday, and Willington is not acquiring any so far. But, Airasia's price is going up and are from small investors. Believe me, If you were the big player, you won't dump all share in one day, this will take few weeks and months to dispose. if you were a smart investor, u could monitor it every day and definitely you will notice when Willington is disposing. But defintaly not now. we are talkin about 3-6months short term with maximum profit margin. Pmetal, way to wait.
Main players pushing the share price as Perisai' share price rebound. Catch the price now 46.5 cents ! Don buy it at higher price like 50 cents ! Good luck ! Most are the Same buyers and sellers. They are schemed a bit :)
Rights Issue will continue as long as there are risk taking bankers want to underwrite the Issue. If petty shareholders didn't pick up, the bankers will sapu all... but I guess now the bankers also pee in their pants if oil price continue to fall or staying low at this level... let's pray for the Rights Issue to call off and the share price will move up as many investors want to buy but hate to subscribe for the Rights!
As you can see in airasia there is a gap today.. Big buyers are dropping now.. They know oil price will rebounce.. Airasia target should be 1.20. Many people think that 2.18 is a strong support. Cannot down anymore. LOL.. Many signs and emotions exist already. Nowsday stock market is different changing style to forex type. All people have the smart phone, drop it as simple as one click. Last 10 years ago people need to fill up the form to buy stock and understand the price movement through newspaper. Now no need already. Thus this change has affected the entire stock market waves.
Why drop ? 5 small waves to downside complete already. Pmetal now you see drop actually is not drop. Only spilt. It has not yet reach to the climax yet. This is only beginning of bigger wave 2. Climax is happened when the company starts losing profit like mudajya.
KNM is reaching 0.47 near to 0.38 still facing trouble la.. too much downside from 23.6%. Wave 2 should never below 23.6%, if yes possibility it becomes wave 2 is less and less. Thus it means that current rebounce should be wave 4 towards 0.50 but however long term should be below 0.38.
joeylee, we can discuss over and over, but the result and fact will show in 3 months. afterward, you will see what you said is wrong. Pmetal is not drop and is slip, but the result but be after one year.
From KNM reading, this is much better choice to hold KNM than Pmetal. KNM now has showed 5 dropping waves since Sept, and the previous wave was at least 25% dropping than current point, if this is possible, investors can now monitor and buying in portion by portion, not all in, but 25% each time. Of course, but major lead, It will take months at least. For Pmetal, it was completely flat before 2014, and only raised 250% since this april. Now split, the game is over for now, this is not going to be active for long time.
As you can see spike volume with previous high.. This volume is lower a bit than previous high - volume. This is called divergence in volume.. Divergence is not a strong point to buy in.. only can scalp. According to VSA the volume should be half of the previous high volume then you can buy in.
Obviously this wellington and epf bought in but did not get any support from public.. Thus it shows a divergence..Most of the money still in Oil & Gas because people still believe now is the time to buy in oil & gas stock.
Pmetal is not depend on oil .. It depends on the sesco..Power is so cheap in Sarawak and CHEAPEST power for smelting alumina in the WORLD. This agreement with sarawak energy is around 10 years with no change in tariff.
Dear Dehouse. You are still inside the nutshell so you do not know more about it. Listen if you have ears, Absorb more if you have eyes, Search you will found it, Knock the door will be open to you.
Joeylee, obviously you are just one arrogant tail chasing piece. I wonder if you have purchased any Pmetal before it raised in April, or just the same attitude like how u finger pointing around. If not, you are just a story teller, and nothing to speak loud.
I won't say Wellington is a mistake maker, if they have averaged the share around RM2.4 or below. They already make 15% profit so far. If this is their target, why not? but Pmetal has raised to climax and around 250%, and yet, you are still saying this is not the climax? and chasing the tail, now who is the greedy buster here?
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....
Shaun
222 posts
Posted by Shaun > 2014-12-04 13:49 | Report Abuse
Don miss the low price golden opportunity; In market, there is always share price risk but it is very low risk due to oil price crisis. Therefore, KNM's share price drop to very low and your same amount of money and able to buy double amount of shares as compared to 90 cents of the share price two months ago and rebound to 60 cents even has better chance ago. "Don let main players take advantage by accumulating those shares sold at low price by weak shareholders". Oil price is volatile but it is very low in the current market due to oil production ( US market is stable, China and Europe markets are slight weak but if they will take stimulate packages to boost their economy). good luck !!