Good that it closed at day high. Momentum reserved to pull away again tomorrow......0.50 attainable for sure. OCTOBER FEST !!!!! German knuckle is in the pot cooking for the imminent feasting
There is always the phobia that the price will be reduced upon due date for contra trades. You saw 200 mil units transacted and now your knees are jerking come T+3. What if the 200 mil shares actually captured from only the same 40 mil units which moving among the hands of the buyers and sellers from morning until closing. You only to deal with the 40 mil unit only, both contra and settlement tickets. IF today, it holds the price, chances it will move ahead from now.
People are sceptical and saying "don't chase high, force selling T2..T3. Tomorrow may cost RM0.46 already.
KNM is the Flying Dutchman, Armada is the Black Pearl and Velesto, the Empress..
These are my top 3 Battleships. All these battleships have its own merits. That's why I put my money in 9 Battleships to capitalize on this year O&G Rally...
Looks like only Mr.lee is buying knm shares. Only when he buys the price goes up. Because I dont see any new substantial shareholder in the top 30/10 list. So only the ceo n his wife buying. This is not healthy. Everytime the price breaks resistance level, it's always lee buying.
Just take a look at some counter where the directors are selling....the share just took a dive. I have already seen a few already this year
What I like about General Lee is that he has shown courage and has shown leadership when it matters. This is one of the reason why I'm still holding KNM.
I don't mind being trap with a great company like KNM with German Technology...
I have 5 Mercedes Benz and I enjoy driving these cars every minutes of it. Hence, having another German Technology under my collections is indeed a privilege.
Technically KNM performed continuation triangle pattern since July and already break out resistance level of this pattern. Plus, well supported @0.44. So it's true.. It has potential to increase further. RM0.50 is peanut.
If it want to go down as what some of u said.. it should have down since july. But reality is, it's not. Because shark accumulated the share since july. So the price well supported.
That is the reason why i didnt buy knm before because i dont want to chase the boat i missed. But i just bought it because i believe on what i see - New wave just begun.
chamlo, better ask General Lee to employ you.Esos is a good way to reward the staff for their contribution to the company's growth.I don't see anything wrong with that.
@chamlo, it would be better if you could change your username to huatlo in this forum.Everybody is looking for big, big huat n not cham cham in here.Many are looking forward to visit Berlin.
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....
riko
2,730 posts
Posted by riko > 2019-10-17 16:37 | Report Abuse
i guess it should be IDSS bought back...hahahahaha