maybe investor dun want to keep the KNM share for grand's child child..they want instance golden cow. haha.. coz no one know when knm will report huge profit. hahahaaha.....
laurence...can be many reasons... 1. holiday coming? and cny also coming, ppl keep the money happy happen holiday... 2. high revenue but still the same little profit only 1.X%.? 3. no dividen still........
wait for q4 lo......is q4 still profit, then i sell alibaba share and all dump in knm. hahahahah... or wait for 2 weeks, see Boss Lee whether continue to buy back...
Technically, 0.385 is support/resistance to upward/downward.My analysis for this morning, it will going down again this week unless can close above 0.385.
We have come to fork of the road. The question is has KNM finished its wave 5 ? My view is KNM may have completed its wave 5 where its wave 5 is almost an equality of wave 1.
We are dealing with tendencies not guarantees. KNM may well be embarking on its ending diagonal to end higher. I would take this view only if KLSE is having a bull run but KLSE is bearish. Even with Elliott Waves, at times we do come to this fork of the road.
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....
Asy_Mett
260 posts
Posted by Asy_Mett > 2019-11-28 08:47 | Report Abuse
sardin ady said 'profit reinvestment' many times since long time ago.