Hopefully can break the 0.35 resistance n first TP 0.38 by end of 2016 ... 2017 achieve TP 0.40 to 0.50 .... 2018 achieve TP 0.50 to 0.60 ..... cheers ....
Seller shares are limited. Money from buyers are Unlimited. Let's all join effort and support the share and not sell. We can do it. A million ants can kill an elephant. Let's kill the bastard seller. At these levels they can't be making money
More and more people joining the party... let us hold it.......make 100% profit or more....cheersssss..........even KLCI is drop for these few day... but KNM is still climb up slowly... good........
Riko, goldentriangle will keep shout rocket rocket rocket until 1 day it (might) really rise to 0.5. Then he/she will praise him/herself... If drop again, then will say it is bottomed... and buy buy buy.. then mrt ready, economy good and will benefit O&G and of course KNM will up.. Everything relate to KNM.
So you must have extra money then only can come to this stock game. You may search for blue-chip companies, they are more stable, but price is higher… I more prefer this type of high risk stock… no pain no gain… cheer for today… faster eat all 0.35…. moving forward to 0.36
crude oil price dropped due to EIA report that shale oil inventory up about 2 million, by reading this report, I will say due to long holiday, inventory needed to pump up for next week holiday and for minor adjustment for oil price, price will still stable above USD50. Next Wednesday when EIA report out, the inventory will be dropped by 2 million - 4 million due to holiday, and in turn next week will be good for price upward. So I can say time to accumulate.
Besides, since next year OPEC to cut about 1.2 million and Non-OPEC to cut about 600,000 total 1.8 million per day if not wrong. So this will make the crude oil price toward USD60 ..... but above USD60 will trigger USA shale oil mass production. so price will fluctuate around USD50-USD60 by 1st quarter 2017 or Jan-Feb'2017.
If you compared KNM and other O&G counters, KNM downward risk is lower, and upward potential is good since other counter already ran fast. So buy KNM may be much safer than others.
Besides, now is accumulation phase and once push up, price will jump fast.
as i said , the rubbish rocket comments out , you must jump boat ... this guys simply copy and paste his comments to the rest of i3 counter , very annoying.
Don't panic , it's not down But just mild profit taking , normally Friday is sell off day , today because last nite gone up too much , I just re-accumulated last nite @.335 . Could b gap down these 2 days .
Last Qr @ Nov Should slowly absorb until next Qr @Feb' 2017 I don't chase high Happy investing
Golden triangle should not be Blamed . Global sentiment is not good besides US . Actually too strong USD should gap down oil price , it' s X'mas bonus for oil to roar over 50/barrel . The good news all price in already .
Looking back to Crazy Trump during his taking places @ 20 Jan 2017 . Analyst n investors were looking very positive against his policy that believe can safe US avoid from recession .
The actual potential of oil price will only b showed-off once global investors eventually found out Trump was not a magician they expected b4 . Bearish USD will reverse Gold n Cruel became Bullish !
knm is good to accumulate now, sure will up to 0.5 at next month. The reason is because they have outstanding huge project in UK it will generate fix return every year. Next reason is due to OPEC the oil will be increase to $70 at least. Lastly the company fundamental was consider good.
Oil $80 in 2017, maybe but I still believe will not reach that level. Dont forget about US shale oil. Any volume cut can easily be filled by shale oil.
I am not hoping oil can fly so high, one of the factors is oil price high, myr low. Then will direct impact you and me.
However, what i am hoping is the RE project in Thailand and UK to bring positive result
RE project in Thailand expected profit only 15 mil but its loan from Sukok bond is USD80 mil. One can calculate the profit from Thailand may not even enough to cover the interest of the bond (based on 5% interest and conversion of USDRM rate 4.4). Intangible asset so high. KC chong has published some views on Knm. Read more for Knm balance sheet before you invest in this company.
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....
callme777
1,586 posts
Posted by callme777 > 2016-12-20 18:31 | Report Abuse
All in at 0.33. Sell more la fxxxxng seller. Let's see you got more shares or we combine have more money