i don't know...pullback maybe at 70cents next month? there should be some resistance level but I am not sure maybe some chart experts here will tell u...
Hi KNM fans.. Just to remember all of you that ECRL tender not finalized yet. Take some profit to invest into favourable company that got chance win ECRL project. Diversified your investment. You’ll have nothing lose. Most of you already winners in KNM. Preparing to offshore next week..
Whatever go up will come down. Just for reminder to myself & all of you. Do not withdraw all your money from KNM. Remember to sardin81 KNM target is RM3.00 but it takes time. Maybe it will reach next year. This is Bursa Malaysia guys. Anything can happen..
I tell all of you ah....if today director buyback announcement come out again 6pm ,,tml u better sell all your property to buy knm...after one yr we will meet in taman at new york
sardin81.. Don’t be like that my man. I’m still on board but only the mother. I’m listen to you. I bought huge amount at 38.5 cents but withdraw half at 40 cents. I still hope it can hit RM3.00 by next year. Just diversified our investment..
Sardin u cant say ppl like this,everyone have their own personal thinking and decision and he is giving good advises for others u cant put all the eggs in one basket.u cant expect everything is in the very best way,but i follow u rm3,yusuf is short sighted haha
sardin81.. KNM will not back to 7 cents or 10 cents or 20 cents unless market crash. What I means by down is it will pull back little bit or resting. When it resting, the other stock will going up. Then we can layan that stock. If you remember last April that construction had rally meanwhile still not so bullish like this. That what I mean..
sardin81.. I admit that some of construction company only for goreng but profit is profit. My friend make almost RM400k in FajarWb within 3 weeks & RM900k in EKOVEST-WB. I learnt from my mistake. I loss RM250k before this..
The strange part is - there hasn't been much of a pull back. Only resting on some days, but for most part it's a lot of push back towards any retracing/ drop. Why? For some reason...General Lee is doing everything he can do gain more control. Why? Hostile takeover incoming? Or General Lee sees a much better performance in the coming quarters? Or General Lee just cash rich? Hard to say...but it looks like something big is brewing.
Construction company is considered good in sustainability when recession come compare to knm,maybe yusuf predict recession is coming?for me diversifed ur portfolio is important when u are doing investment ,but knm worth ur money....
Ha-ha, stocks don't go up or down just because we talk about it, unless you're really that powerful. If people make money from construction stocks, so be it because i own 200k of ekovest so I'll also see some profit. Knm maybe worth RM6, but I doubt without new management because these people managed to bring it all the way down to 7c. Incompetence is what I call this.
Palmboy.. I agree with you. I’m not ask to sell all the shares in KNM but just diversified the investment. I also still holding KNM shares. I agree with sardin81 that KNM will surge to RM3.00 one day but before that it will pull back little bit, resting, no up & down a few days or a few week. I remember when I bought 20k lots at 1.5 cent last year, there is a lot stock going bullish but KNM still no movement at all. I ketuk2 kepala why I buy this stock when some of my friend already make a lot money meanwhile I stuck at KNM-WB. Now I learnt.. I must diversified. Anyway that money is yours. Invest it wisely. If you have holding power or think like a investor it is ok to hold it for a long term.. I am sorry sardin81.. Will have nice conversation with you in a few months after this. Back to work next week..
paktua now can see the light back.. when we stuck at higher level with huge vol its impossible to avrrgedown.. take 4 year to climb back to this level.. hope knm will up more n more..
Total shares General owned=> 204,855,551 + 9,045,000 + 42,408,838 = 256,309,389 {Around 0.26 billion shares} Total % shares General owned=>7.938+0.35+1.643=9.931% {Around 10% of total KNM shares}
*P/S: This is the latest update till the announcement on 15 July 2019 (Monday)
Amukutty, i meant since General only owned a mere <10% total shares, there are still plenty of space General General to acquire the shares to make it at least 51% to be a controlling stake in KNM ! So, the price might keep will spike up from current 0.40 to 0.60, 0.80, RM1.00, RM2.00, RM3.00 and so on...
I guess General buying back share is becos he dont want to lose out his company to other people. Whoever own 51% of the company will have last say or become boss. I guess there must be 2 parties trying to control the company. Only way to gain to control is by getting the most shares. In movie also can see lor..
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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....
Farhan Kamal
114 posts
Posted by Farhan Kamal > 2019-07-16 16:44 | Report Abuse
this Friday limit up 50cents already...this November sure go up to RM3 or more if this trend continues...look at G3 global...