With high volume must be institution buying like EPF....if EPF buying....sure WTE project will give to KNM. Because EPF wishes to make profit from dividend and distribute to account holders.
yes! knm is a local company with expertise in european technology. PH gov should realise this and leverage it. gov contracts are the most lucrative for local co and if KNM is awarded gov contracts, the sky is the limit.
1/2 day 1 m trading . Easily 2 m transactions during last June trading month . Most I concern is about 2m daily if hit 25c today means market floating is getting lesser . Price could shoot up suddenly or limit up any big contract awarded . Fr 12 to 7 c is longest accu period , then 15c -16 c another correction , thereafter 18-22 c flush out weaker when reverse back to 18-19 c . ......... All the way 25 , 50 , RM. ..............
KNM history record high price was at=> RM9.50 on 2 Janury 2008 {About 11 years ago} Like that KNM break above RM8.00 is sap sap sui only lar ! Huat ah ! Heng ah ! Ong ah !
KNM's shares price had dropped from RM 1.10 since July 2014 until RM 0.07 on 18 Dec 2018 . In the quarter result ended 31 Dec 2018 , the company had written off impairments of assets . Latest quarter made some profit . For those who has money , can buy 100,000 shares @ 0.21 - 0.215 . The price will go up level by level , May be 0.19 - 022 , then 0.28- 0.32 , later , 0.38 - 0.42 , after that not much resistances . Be patient .
KNM is one of the few counters in BURSA which is active for last few years . The only problem was too aggressive and highly geared ., but the future is looking good and the the boss is working hard to recover .
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....
Khaz
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Posted by Khaz > 2019-06-28 10:23 | Report Abuse
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