gua suka hati lah, itu EPF dia tunggu ikan bilis que jual tambah perlahan-perlahan, sekali dia kasi makan, "groooooop", banyak itu shark telan hari ini, 51 sen dia telan, 51.5 sen dia telan, sekarang 52 sen dia tunggu mau telan, wah wah wah, gua kira berapa ini KNM mau naik ha macam itu? janji RM 1.
.. oil price indeed a risk to all oil counters... but knm tested this lowest oil price regime at 40 per barrel... its share price getting very stable these days....505 to 525! take a look at broker reports...ALL SAID...."BUY" with at good target price..
"KNM has secured a total 3 contracts worth of RM1bn in 6 months and circa RM2bn worth of EPCC contract since 2H14. In addition, the company is tendering RM5bn worth of contracts from RAPID. We understand the company has high chance to secure some contracts from RAPID in near future."
Oh my! OPEC. Oil price still maintain at above USD40 even after OPEC decided to increase their production quota from 30M to 31.5M bpd where the new quota is the current production level. As the market already assumed that OPEC will not decrease the production was due to next year, 2016, where demand of oil from ASIA will increase.
I am not worry about the oil price. KNM is not an upstream, middlestream, or down stream players. Any oil producing(upstream) company, such as Petronas, need to built, repair, or maintenance, KNM is one of the player. When looking into the KNM's company profile, KNM's business is well diversified into other energy or investment.
As for the FED's interest rate (that can affect the oil price), if you search the web, historically the USD will drop after they increase the rate.
Investors or traders that invested in the Oil and Gas counter, please do some research in the web to understand more about oil and interest rate before making an effing decision.
KNM is for mid to long terms investment.
This is just a humble opinion and reading lots of article in the free world wide web.
. thanks, nomanland for sharing. many oil companies had already anticipated before that opec is not going to be fruitful. thus, the share price now should be reflective of 40 per barrel.. other than fed, usd and rate, us-lead coalitions (us/uk/france/germany/russia) against syrian oil field had created persian gulf unrest (.http://finance.yahoo.com/news/us-led-coalition-target-oil-facilities-eastern-syria-085933103.html ) this will affect production level and boost up oil price, at latest in short term.. well, knm should be for medium/long term, fundamentally ok!..
Blame??? Next week 62.5 sen!! medium term??? EPF tak main ini lama!!! Janji 14 hari at least 62.5 sen !!! Caya Tak? BUYYYYYYYYY NOWWWWWWWWWWW AT 0.515-0.52 jikalau lu belum memiliki sebarang KNM share, ok?
sawong is like a mad man begging for it to go up but still can't get it up. If it will rally then there is no need to beg others to buy it, people will follow. If you begged like that its all the more people will sell down it.
Weekly, 1. neutral ground. 2. but, the #6, ShortTerm volume+price oscillator above 0, possible sign.;) 3. #2, Bollinger Band width(red), getting narrow. 4. #2, Bollinger Band %b(green), still maintain above its middle Bollinger band(yellow) 5. BUT, #8, the price chart, the FVE(white) still above 0 and going down, distribution. more toward distribution. Was due to oil price and Opec. 6. My perspective, strong support at 50 areas
Daily, 1. Hmm! Wait for Wednesday EIA and API report. 2. but, the #6, ShortTerm volume+price oscillator about to cross. :) 3. #2, Bollinger Band width(red), getting and going to 0. very narrow 4. #2, Bollinger Band %b(green), still maintain above its middle Bollinger band(yellow) 5. BUT, #8, the price chart, the FVE(white) still above 0 and going down, distribution. more toward distribution is getting bearish zone (below 0) 6 #5, stochastic, almost oversold. 7 #4, I am waiting for the next /\ sign
@Samuel Ang, I was guessing today suppose to drop like hell. It did not. Well, back to square one. Next few weeks and coming year, according to those link I posted, the possibility that oil glut is diminishing. Demand is more than supplier. Refer to some of those link posted.
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....
nomanland
3,221 posts
Posted by nomanland > 2015-12-03 15:10 | Report Abuse
An interesting article really need to digest ...
http://www.marketwatch.com/story/is-saudi-arabia-about-to-boost-oil-prices-2015-12-02?dist=lbeforebell