Yes, seems uptrend now, but as can be seen from the rise from Dec '14 till Mar '15, the uptrend can SUDDENLY terminate & leave many ppl stuck...I won't take that risk again, not with this huge loss-making indebted co....I welcome a further rise to 40c because I got some more small lots to sell =)
KNM has 2,604,000,000 shares while Coastal has 532 mil & Waseong 775 mil. KNM needs O & G stocks to continue to be chased in order to go up. And when all boats rise, the lighter boats always rise the fastest!
dompeilee,like you,i used to trade this hot stock in 2010,bought around 2.30 and sold off around 2.90 t0 3.00, many times. When KNM reported loss consecutively for many quarters, I stay out, Came back in 2016,bought around 60 sen and got stuck,luckily very small amount.Early this yearread sardin81's post,bought at 11 sen and keep. I asked myself,what to lose at 11sen when someone still holding at RM3 ? If sardine were to share to buy at RM3,of course I will ignore...
Based on the buying power Next Q definitely is an insane profit Just imagine if knm show 100m profit what will the price of knm by then definitely at RM0.80-1.00
Just compare dayang Q performance vs knm Q performance and u will get the answer But at the end there is still a risk Do your own judgment Earn little or many is depend on your own risk appetite
What sardin said is correct buy when you hv done your research and at the most lower point that you thing you can earn money not buy at RM1+ or RM0.60 Thereafter blame ppl on it
I bought 50 c cut lost at 40+c then bargain buy during Sardin called buy at 20 all the way 18 until 7.5....... Buy more during 22 - 18 Buy again 320-305 then stopped! By the way paper gain liow Gong gong 买 gong gong 赚 Wakakakaka
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....
Will76
591 posts
Posted by Will76 > 2019-07-12 10:11 | Report Abuse
Let see if KNM can drop to 0.32 today