. Well done, KMN.. Good start and ends - unchanged... 3M shares traded with many hold on tight with confident despite yesterday experienced oil price down. Still collecting..,.but averaging downwards..,.for longer term... Good Luck!
Yeah, "kena game" to those that are scare to hold. Isn't it obvious the selling is to entice weak holder? Since March, there have been a lot of accumulation. For what reason, no one knows. Aim for RM0.65 for this year. Don't aim short term.
. last week.., much selling pressure.,,goes with continuous oil price down... guess will continue further .. oil price down below usd37 (lowest in since 1st Mar) after Saudi talks about Iran must come in to freeze production as well...which i guess Iran will not .. seemed like middle east playing oil war games.. will pick up some when price is low enough...averaging down... go longer term..
"“If there is anyone that decides to raise their production, then we will not reject any opportunity that knocks on our door,” the prince told Bloomberg in an interview, suggesting that if other Opec members decide to ramp up their own supply, Saudi Arabia would follow - putting further pressure on prices."
hi snwong13, do you think knm wa 0.12 and ex price MYR 1.00 , worth to keep. As I got some , but now knm 0.48 , so I confuse , but why still got trading at 0.12 ? any suggestion for knmwa , cut loss or keep ?
. I don't buy wa and not much involved. anything on knm, yes, i still collect for longer term with avg price of 0.460 since dec15. short term, you may rugi because of oil price unstable...now you see down tomorrow see up..and also brokerage fees for in and out... still holding on.. expect selling pressure on oil counters.... if low enough, will pick up... good luck
snwong13, thanks a lot snwong13, you advice very helpful to me , but I really feel study , why untill today still got people buy wa 0.12 and ex price MYR 1.00 , I curious why they not just buy in mother at 0.46 instaed of warrant 0.12 later need to pay more 1.00rinngit to convert , I sell all wa today , cut loss about 2k finish so sad my dear knm .
In share trading or investing in share market, always use the brain, not emotion, or other people nonsense. Selling too early... cold hand or feet. Investors need to have patience. Learn fundamental analysis and technical analysis. Knowing some analysis, it might help you to reduce your losses.
Everyone in forum, have their own way of trading/investing. Have your own strategy.
Don't jump into conclusion until you are sure that you know what the heck you are doing.
Just my point of view. I don't even trust myself. So, for heaven shake, start learning. Google is your best place for any information you want.
Last one, learn how to do cost averaging.
All the best to you. good night.
ps: I am also collecting mother and warrant. too cheap to ignore it.
. Oil price continues to receive pressure. KMN pushed a bit down last few days.. still observing...looking for next suppose level after few days for downward pressure on KNM!
yingkang87: Since March, this stock has witnessed strong accumulation. We are officially entering 2Q2016, so do not be surprise of some award being announced. If you notice, oil price only affects weak holders and these are the one that miss out what is in store. If this level is break, next target is RM0.55.
My personal TP is RM0.65. If you want to find out more, just read the comment and analyst reports.
Bro nomanland... yeap... I had collected below 0.48 and sell most this morning... so buckets of kfc and free again the capital...good enough for me... :)
Hi knm team do you know if I want to go knm agm can I just present or need to inform knm early? I am using direct account and will knm send me a letter when near to the agm date?
Find the time and digest it slowly. And then, think about it. Afterward, look at the mirror and say, "To buy or not to buy, that is the question!" or if you like to short, then say, "To sell or not to sell, that is an ambiguous question!"
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....
Desa20201956
2,286 posts
Posted by Desa20201956 > 2016-03-30 10:34 | Report Abuse
KNM.....for buy low sell high people.