Great way to conform yourself. If you wanted to collect then already collect at 0.34 why want to wait to collect at 0.355 now. Careful if this stock does drop back 0.32 it will definately on the way to holland probably going to be same category of Perisai.
Seeing how KNM perform nowadays, really sad.. O&G move up, KNM move abit down, O&G drop KNM drop.. O&G move up alot then KNM move up slightly... General Lee will support price with 10,000 unit to show you his support. We should be able to see some signs of KNM Q4 earnings soon.. so get ready to run when needed else die also don't know why is worse.
when big shark want to sell, to sell at high price they need people to buy, so they spread good news, they push a bit to initiate the momentum, there it's go
I dunno lar accumulating or not. But i only know if this time again reach the price its cut loss time. Better to cut a hand or leg now then to cut head later.. Lets hope its just as what we hope accumulating process only... But a decent counter actually would not keep testing all time lows.. usually its problematic counters that keep testing the lows.
Yes, despite talking bad of this stock I do think this stock will rise imminently to 0.40 just a matter of time. But just regretted that putting money on other O&G stocks seems to be better in the current scenario hence choosing the wrong counter. Just I am also prepared to CL when needed on this counter as well the movement of this stock right now is just showing its potential is not as good as others. Hence my opinion that the company seems to be having some profit issue. Later they will tell you again on Q4 lost in the US sector damning the overall profit.
If we check at bursa announcement quarterly result for the past 4 quarter, we can see other O&G counter such as skpetro, Armada, Hibiscus, Icon, UMW O&G, they have at least one quarter in red, but not this counter. The thing that puzzling me is why the price is reverse from the world crude price trend, there is no sign major share holder disposing their portion. From day to day share trading, there seems someone putting a big fish net wait and catching small fish.
Cause like i say previously we are all looking at the wrong stuff. You are a shareholder so think like one. Don't think like an investor, if you look back on this stock. 10 years average investor in this company got earn what? If you are not sure what shareholders need, then look at other good companies shareholder behavior.
Now oil is recovering, so it is unlikely this counter turn red, unless something bad is happening. If business is bad, insider have first hand info. They are the one who start selling first, next you will see bursa filing insider disposing their portion.
They wanted hope ma.. Tell them from oil $27 to $55 also no difference they don't believe. Then they hope at $70 might give some false hope it might rally... The perception is surely it will rally just need something else to convince only.. besides the actual price of the stock.. If that time KNM is 0.30 also they will hope $100 oil price will give knm price a boast..
Then those that is optimistic even though this stock drop almost 33% from 1 year highest price will say its just accumulations by sharks. Other stocks like hibiscus is just temporary rally only buying a dead stock that is stable and slowly slowly moving like KNM is better.
Fed will increase interest rate by 3 times this year. USD will further rise and oil will stagnant. All pointing towards weakness in oil market and the moment some country does not adhere to the output cut then oil will crash as investor seems the output cut deals breaking off once that started.
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....
dolphin
46 posts
Posted by dolphin > 2017-01-18 21:09 | Report Abuse
Wait long long...