Posted by bullpiano > 2020-05-16 18:57 | Report Abuse

sardine made KNM great again :)

Posted by icepumpkin > 2020-05-16 19:57 | Report Abuse

@maxprofit i also hv perdana. Do you think it will uptrend? If not mayb i should just sell and buy more knm. Haha.

Posted by bigfund > 2020-05-16 20:40 | Report Abuse

Bossing where are you

Posted by Godofgambler > 2020-05-17 01:01 | Report Abuse

Trust me..
This time 0.80 possible

Posted by mf > 2020-05-17 07:31 | Report Abuse

Oil jumps 6%, posts third week of gains amid signs of demand pickup

Posted by maxprofit2020 > 2020-05-17 09:48 | Report Abuse

@icepumpkin,

perdana is having identical TA indicators as KNM, shall be moving north follow oil price surge.

the differences are the financial performance :

KNM is making profits for past 4 quarters, PE 9.96, NAPS 0.67 vs. share price of 0.18.

Perdana is making lose 3 out of 4 quarters last year, PE -17.88, NAPS 0.14 vs. share price of 0.185.

apparently financial wise perdana was not doing as good and risk is relatively higher.

Posted by borneotrader_sbh01 > 2020-05-17 11:38 | Report Abuse

Hold all your o&g stocks..its coming now..its way long call

Posted by bullstudent > 2020-05-17 12:37 | Report Abuse

Let’s see if can go above 0.21 then up up we go

Posted by maxprofit2020 > 2020-05-17 13:13 | Report Abuse

next 3 resistance :

SMA 90 = 0.205
SMA 200 = 0.305
Nov'19 highest = 0.475

Public Bank stated resistance :

0.16 = met Fri
0.185 = met Fri
0.21 = if this resistance break by Mon, KNM shall fly.

Posted by Depeche > 2020-05-17 14:49 | Report Abuse

Let's see if it closes above 0.20...or backtrack below 0.18 on Monday.

Posted by mf > 2020-05-17 17:02 | Report Abuse

UK economy likely to recover slowly from COVID hit: budget office head

Posted by upshare > 2020-05-17 18:34 | Report Abuse

Hope monday can up to 0.20 with big volumn....

Posted by Jack Y > 2020-05-17 21:46 | Report Abuse

Hope end of next week can close at rm1

Posted by baby shark > 2020-05-17 22:18 | Report Abuse

TOMORROW 9.05AM ALL IN!TP 0.230

Posted by RedEagle > 2020-05-17 22:46 | Report Abuse

Water Related counter
1. Salcon
2. Picorp
3. Engtex
4. KPS
5. Puncak

Posted by icepumpkin > 2020-05-17 23:00 | Report Abuse

Like this tomorow open already 20c.

Posted by Mabel > 2020-05-17 23:15 | Report Abuse

#1maxprofit2020 WTI June contract = 29.79
Brent Crude June contract = 32.88

All the futures contract for remaining 2020, 2021, 2022 all surge up by this week.
WTI Dec 2020 contract = 32.19
WTI Dec 2021 contract = 35.78
WTI Dec 2022 contract = 38.5

With worldwide markets re-open by May onward (demand up) plus oil output cuts (supply down), the strong rebound of Oil price will lead the focus switch to oil counters as most are less then MYR 0.2 only, much more room to surge versus other industries.

KNM's NOSH only 2645M, yesterday itself already traded 673M, more then 25% of the shares traded yesterday and it was the highest volume in Bursa. It definitely not retailers have such financial ability to trade in such high volume (but definitely it was the retailers & day traders that have no holding power taking profits yesterday at 0.175 - 0.185).

The big guys that acquired such high volume yesterday at low price (0.15 - 0.185) will not sell at only 10%-20% (few cents) profits. If we reference to last year of how KNM surge from 0.19 to over 0.405, it took less than 3 weeks to happen :

June 27th = 0.185 - 0.19, 3M+ volume, one day before the surge, equivalent to price yesterday.

Jun 28th = 0.19 - 0.26, 333M push up > 36%+ within a day (hope this can happen next Mon)
Jul 1st = 0.265 - 0.3, 395M, +13%
Jul 11th = 0.3 - 0.35, 295M, +16%
Jul 16th = 0.38 - 0.405, 175M, +6%

Total within 3 weeks last year Jun 28th - Jul 16th, it surge from 0.19 to 0.405, for 113%.
16/05/2020 10:13 AM

#2 maxprofit2020 next 3 resistance :

SMA 90 = 0.205
SMA 200 = 0.305
Nov'19 highest = 0.475

Public Bank stated resistance :

0.16 = met Fri
0.185 = met Fri
0.21 = if this resistance break by Mon, KNM shall fly.
17/05/2020 1:13 PM

Thanks for sharing your analysis max !

Armada closed at 19.5 on Friday and KNM closed at 18 sen on Friday. I have collected enough Armada. Now it's time for me to top up and accumulate KNM Shares. I believe the consolidation for KNM is about to end soon.

It will be interesting to see which ship wull cross 20 sen first. Middle stream FPSO Armada or Downstream KNM ...Let's explore together next week.

Looking forward for a very exciting week next week..

To 50 with loves...

Meow...

Posted by bullpiano > 2020-05-17 23:28 | Report Abuse

Ho sei liao...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/051720-kuwait-saudi-arabia-to-shut-shared-al-khafji-field-just-months-after-restart

Posted by Godofgambler > 2020-05-18 00:21 | Report Abuse

Knm this time really 0.60

Posted by escanor999 > 2020-05-18 00:28 | Report Abuse

@godofgamble. Why ah?

Posted by Godofgambler > 2020-05-18 00:56 | Report Abuse

In Thailand, the second phase of Malaysia’s KNM Group’s ethanol plant, expanding the Impress facility to 500,000 liters per day from the current 200,000 liters per day from cassava, is expected to provide the company with long-term recurring income. The $36.7 million expansion project should take 18 months to complete. Profits from the first phase are about $2.3 million while expectations from the second phase are an additional $3.4 million, based on the local selling price of ethanol and cassava purchase price.

Posted by Mabel > 2020-05-18 00:58 | Report Abuse

Meow Godofgambler !

Posted by Godofgambler > 2020-05-18 01:01 | Report Abuse

Lee confirms the group will be looking, at the very least, at the same price — RM1.7 billion — that it paid for Borsig a decade ago. However, he believes the company is worth more than that for its good technology and strong brand value.

Posted by mf > 2020-05-18 03:17 |

Post removed.Why?

Posted by maxprofit2020 > 2020-05-18 07:39 | Report Abuse

Guys :

WTI June contract increase to 30.36 over weekend, first time it break 30 since Mar.
Brent Crude June contract increase to 33.36 over weekend.

WTI all Futures increase as well :

Dec'20 = 32.56
Dec'21 = 35.99
Dec'22 = 38.60

With U.S. oil production drop naturally due to bankruptcy, OPEC+ continue cuts additional production voluntary while more markets announced to re-open to resume economies, oil price will rebound strongly heading to north and oil counters price will surge with the positive momentum.

Posted by klse_bullyung > 2020-05-18 07:54 | Report Abuse

Inikaliklah

Posted by klse_bullyung > 2020-05-18 07:54 | Report Abuse

Knm

Posted by klse_bullyung > 2020-05-18 07:54 | Report Abuse

Return of the king

Posted by mf > 2020-05-18 08:46 | Report Abuse

Asia shares make cautious gains, oil and gold jump

Posted by Depeche > 2020-05-18 08:54 | Report Abuse

Oil rebounding strongly...if KNM can't perform...then this stock is hopeless.

Posted by 8055K > 2020-05-18 08:55 | Report Abuse

ini kalilah

Posted by 8055K > 2020-05-18 09:07 | Report Abuse

selllllllllll

Posted by Jack Y > 2020-05-18 09:12 | Report Abuse

huat arrr

Posted by 8055K > 2020-05-18 09:12 | Report Abuse

Thanks, take profit d

Posted by tkl88 > 2020-05-18 09:23 |

Post removed.Why?

Posted by Mabel > 2020-05-18 09:24 | Report Abuse

Huat ah ! Heng ah ! Ong ah !

Meow! Meow! Meow!

Posted by moneypedia > 2020-05-18 09:40 | Report Abuse

ooooo

Posted by baby shark > 2020-05-18 09:40 | Report Abuse

take profit 0.210,bye bye

Posted by Leoleo > 2020-05-18 09:46 | Report Abuse

FATTTT

Posted by Leoleo > 2020-05-18 09:46 | Report Abuse

broken downward line. now is up trend

Posted by icepumpkin > 2020-05-18 09:54 | Report Abuse

Js start hot hot why take profit so fast. We hold together til 30c or 40c.

Posted by icepumpkin > 2020-05-18 09:55 | Report Abuse

That hold glove sure will join us on board.

Posted by Leoleo > 2020-05-18 10:03 | Report Abuse

we are knm real fighter wor..kikiki

Posted by Ben3333 > 2020-05-18 10:06 | Report Abuse

Corporate news coming!!! Knm is a take over target . Where is Sardin?

Posted by Jack Y > 2020-05-18 10:09 | Report Abuse

high vol again.. lols....come..now market ban short selling....good chance...

Posted by FearlessKaki > 2020-05-18 10:14 | Report Abuse

TP?

Posted by icepumpkin > 2020-05-18 10:21 | Report Abuse

maxprofit - sifu - break 21, next tp? haha. really have to thank you.

Posted by pjforsuccess > 2020-05-18 10:53 | Report Abuse

quater result coming soon...end of the month ?

Posted by Jack Y > 2020-05-18 11:07 | Report Abuse

yeah.....

Posted by investortrader88 > 2020-05-18 11:17 | Report Abuse

raya angpow.