Those dun understand report have by knm, pls dun mind show ur credibility.Very bad habit.We r here to share the true fact.Ikan billi always like to gather when there is planton. World oil price will become stable once the giants sit n discuss.Otherwise,they r also at loosing sides.
nobody will know what will happen in the future, if yes then we will not waste the time here. if u ask me, KNM is for share speculation and not for long term investment. i am one of the regular player for KNM since 2009. i feel so lucky i sell of everything on early 2011 when the price is at around 2.00 with great returns!!! but story did not end there, comfident come as i re-enter it again at 1.50 &trap!. luckily i manage to cut loss at 1.00 on 2012. breakeven overall. just imagine if i keep the stock until now...
then i wish you good luck. i just wan to bring a msg that penny stocks is risk in investing. it is same like gambling. Div stock and blue chip is the one which have lower risk and can hv steady return in long term. Shafi: can you guarantee baca financial report saja can make a handsome return on share investment?
KNM all time low 39 sen, sekarang 53 sen, berapa boleh jatuh? tengoklah lain-lain stok, sudah pun melambung tinggi, this stock is one of the lowest risk stock now with good fundamental and only 14 sen max down side, what are you talking about?
there is no right or wrong. for you, KNM is good fundamental but for me is a good speculate stock. i will not hesitate to buy if it drop below 50sen and i will not hesitate to sell it off with 10~15% return in a short period of time.
@vews08, 1. Fundamental, KNM has a good future. 2. Share price, is cheap and not so volatile (progressive down and up) that can not cause a heart attack. 3. KNM's capable securing project and progressive improving their profit. 4. Current crude oil price dropped below USD50, KNM's share price of RM0.52++ is good deal to keep for a longer term. (imaging the crude price goes up to 60-80, what will the share price will be in term of profit gain in percentage?) 5. I invested in KNM (main), WA and WB 6. WA and WB price, minimum fluctuation. It is cheap and larger share lots to gain higher profit in term of percentage. 7. I invest long and short term. Using short term(technical analysis) to reduce long term cost. Averaging the cost to almost zero is the target.
8. Next one to two week(s), will be very interesting week for crude oil and all the oil counters.
The above statement is Nomanland's idiotic investments in the share market. Win some, lose some. This is life.
I agree with nomanland base on technical mostly Big boy oil stock is uptrend (Armada, SKPetro, UMWOG, KNM)all involve Rapid project. KNM trading volume come up on yesterday and today. Fundamental all the 4 stock five star and all are under value. December should see some movement on this stock.
Simple economic. Supply and Demand. Yes, currently the crude oil is over supply. BUT, lots of oil companies are cutting down their budget and investment on digging for crude oil. The existing oil rigs that producing is diminishing as time passing and oil IS NOT INFINITE once a hole is dug and producing it.
Do you know that India demands for oil is increasing, year to year? Same as China.
good update.........can the oil companies sustain low oil price while facing tight liquidity and high debts? something to ponder..buy oil counters with good financials base...thanks!
3. The downstream sector commonly refers to the refining of petroleum crude oil and the processing and purifying of raw natural gas,[1][2] as well as the marketing and distribution of products derived from crude oil and natural gas. ... https://en.wikipedia.org/wiki/Downstream_%28petroleum_industry%29
An interesting observation on KNM's Chart which I did not notice until now. Almost every year, from December to February month is the uptrend! Point to ponder!
Samuel Ang, I wished I know the direction. But, based on historical, possibility of same event might or maybe can repeat itself. Hard to tell. USD up/down, OPEC+Russian, cut/remain/increase, oil demand increase/descrease, oil supply increase/descrease. War or no war!
Don't think Shafi being delusional. The movement of the stock looks aggressive. Thought it was game over after the quarterly results but that was not the case as can be seen today. I feel KNM got further upside but I don't how far it can go. Maybe 0.58 to 0.6, its previous high.
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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....
Shafi Awong
1,417 posts
Posted by Shafi Awong > 2015-11-27 11:51 | Report Abuse
Crude oil will shoot up above US45 next week, Buy now. it's undervalue at 53sen!!!