I just want to sell mine (not in long term mood right now).
But thanks to my latest analysis, now I just want to hold because I believe there is high chance the price will going up a lot after the incoming quarter report. Not like Dayang on 23rd Nov 2018. I can't guarantee 100% will be good. But thats what I see based on my analysis.
1. Sales of BORSIG ZM, RM130 million 2. Revenue from BORSIG GROUP 3. Revenue from Impress Ethanol 5. Balance from old projects 4. Parts and maintenance job by other KNM subsidiaries 16/11/2019 12:06 AM
sardine81,
The contract list is excellence!
Beside, Borsig, do you have an estimate on each of the item 2-4...A guess number will be good enough to set expectation.
This will give more confidence to the fence sitters..
@SuperWisdom What I mean good is the stock price will going up too.
I have seen happened Quarter report was good but then the price going down. See Dayang August 2018 and November 2018.
So, there is no guarantee that good Quarter report = price goes up.
I believe combination with technical analysis can give high chance to know in advance when good Quarter report will follow with bullish price. Thats what I shared about KNM.
Thank you. 16/11/2019 12:49 AM
Noted. Just to share Serba was in the same position as Dayang. They reported a good QR, unfortunately after the Good QR was released, people took profits and the price actually went down...Not so much but it went down...until today it has not recover from the pre QR price..
This makes starts thinking, what makes you think that this is not the case for my Dutchman KNM?
Mabel, Noted . Just to share Serba was in the same position as Dayang . They reported a good QR , unfortunately after the Good QR was released , people took profits and the price actually went down... Not so much but it went down... until today it has not recover from the pre QR price . . This makes starts thinking , what makes you think that this is not the case for my Dutchman KNM ? Cheers! 16/11/2019 9:37 AM
If I have not mistaken, I read somewhere said traders tend to follow the trend during QR release. Even if the QR is bad but if the trend is bullish, price still going up. May be this theory is correct. But I like to research more on this and I think it is not so simple like that.
To conclude, KNM will not become Dayang (Nov 2018) once QR releases. At least, I believe KNM will going up a lot first.
If I have not mistaken, I read somewhere said traders tend to follow the trend during QR release. Even if the QR is bad but if the trend is bullish, price still going up. May be this theory is correct. But I like to research more on this and I think it is not so simple like that.
To conclude, KNM will not become Dayang (Nov 2018) once QR releases. At least, I believe KNM will going up a lot first. 16/11/2019 2:55 PM
@SuperWisdom My simple short term TP before 4th QR is:
NTA 3rd QR x 0.9 = TP. 16/11/2019 5:59 PM
Noted and do share with us on your finding...
Based on your calculation
0.68 x 0.9 = 0.61
What the reason for 0.9? Why not 1.5 to reach the TP =1?
@Mabel Noted and do share with us on your finding . . . Based on your calculation 0.68 x 0.9 = 0.61 What the reason for 0.9 ? Why not 1.5 to reach the TP = 1 ? Cheers ! 16/11/2019 9:22 PM
0.68 is NTA 2nd QR. But my calculation is NTA 3rd QR x 0.9 = TP.
So, we have to wait NTA 3rd QR before set our TP.
Assume NTA 3rd QR is also 0.68 so... 0.68 x 0.9 = 0.61 (TP is RM0.61). But, if RM0.61 already hit before 3rd QR, then expect price will not going up a lot once 3rd QR release. If I am not mistaken, some called this situation as the stock price already Priced-In.
Why 0.9? This is hard to answer because I think no one can give exact TP.
I use 0.9 with many reasons including what QR is released (4th QR can give more than 0.9), what sector, margin of safety, etc.
Yes, x0.9 is not the limit. And 0.9 also not a guarantee to hit. I share with x0.9 because this number is more reasonable for KNM to hit. If you want to expect more than x0.9, then wait 4th QR.
But remember what we called Priced-In. Thats also may be the reason why Serbadk was going down after its QR released.
jutawansenyap.. go check your TA again and see where exactly the support is. 44.5 is not the critical support to trigger panic selling.. lol.. Dont give false info to others. Thank you.
Jutawansenyap.. u really dont understand what breakout means. What psychology behind breakout and why i said sideway for KNM now means accumulation.
1) KNM breakout continuation triangle pattern. Bear in mind the pattern develop since july 19 and took almost 3 months to break the pattern. Understand what it means behind this pattern. 2) Not only breakout triangle, it also breaked the cup and maintain above the support for 1 month.
So it's already 4 months and about time for KNM to spike & continue the trend. 15/10 breakout, 15/10 datuk exercise esos 2mill units. I believe this quarter result will be good. Insider knew the result already.
Again i repeat it's continuation pattern. I dont care if u want to hold or sell.. But when u said it break the support and trigger PANIC selling, it's obviously ridiculous. U are actually trying to create panic.
Trader8888. Ayo.where is support price also failed. Bro,refer chart, check where is the closing price for most trading day. It is 45cents.Critical if break 44.5,then probably can trigger panic sell. Bdw, counter like KNM which is millions shares traded everyday, it is impossible this forum can dictate the direction.
Okla,whatever you want,buy sell up to you. Just my advise, whoever consider to buy knm, buy only it perform strong support 47cents.
Whoever has money, i may suggest to study PCCS and WZSATU for next week.WZSATU can hold, but PCCS swing mode. Buy only its warrant share break 16.5cents with strong support. Good luck!!!
jutawansenyap.. previous resistance before breakout is the current support. 445 is not the critical support that can trigger panic selling. Go understand what accumulation means then u will know why price still not being pushed.....
You are not consistent with your analysis. Keep mixing your feeling on chart, trying to create panic then promote another counter. Wasting my time.
@Trader8888. 22 oct you said critical support price 44 cents. Now sudah jadi 43/43.5. Ayoyo. Bdw, more than 1 months you are hoping KNM to achieve 50 cents. Ayoyo
Those who are interested to buy KNM, pls buy only it maintain above 47 cents. Those who has profit, pls take some.
Reader can read my previous comments to know my technicall ability.
Trader8888 only play KNM for more than 1 months and he is really put HOPING ANALYSIS not any technical analysis.
His comment 22 okt prove it. Dulu 44 cents, now sudah jadi 43 cents. Ayoyo
To others, I dont use hope analysis in analysing knm. I believe in what i see on chart.
I even told u guys regardless what quarter result is, knm has no other direction but to move upwards.
And for god sake i dont care if u want to buy, hold or sell knm. That's your business. But im against anyone who trying to give false info & try to create fear & panic to others.
Coz as far as im concern this group has less ta people. Most of them rely on fa.
Trader8888. Hehehehe. If KNM really has a good qr, it need to accumulate big volume in 1 day to rebound. The best way is to break support and panic selling.
BORSIG WORLD-LEADING PROCESS TECHNOLOGY MADE IN GERMANY BORSIG has been satisfying customers all over the world with pressure vessels, heat exchangers, process gas compressors, trend-setting membrane technology and innovative services from a single source for over 180 years.
Our products are used in plants of all leading companies of the chemical and petrochemical industry, oil and gas industry and energy production. BORSIG stands for leading technologies made in Germany, for the highest quality, reliability, state-of-the-art production methods and innovation.
Every day, highly qualified teams of engineers, technicians, production and service staff set themselves the goal of developing, manufacturing only the best systems and machines and installing them at their final destination. This is the reason why BORSIG products perform uncompromisingly well on site. They are efficient, reliable and an investment in the future even under the most demanding conditions.
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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....
SuperWisdom
448 posts
Posted by SuperWisdom > 2019-11-16 07:04 | Report Abuse
I just want to sell mine (not in long term mood right now).
But thanks to my latest analysis, now I just want to hold because I believe there is high chance the price will going up a lot after the incoming quarter report. Not like Dayang on 23rd Nov 2018. I can't guarantee 100% will be good. But thats what I see based on my analysis.
Thank you.