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2020-12-07 02:29 | Report Abuse
Oil price is a highly sensitive indicator relative to economy activities. Share prices of oil and energy companies are highly correlated with oil prices. Anticipating global economic recovery by mass vaccination boosted global oil demand. The rally in oil prices boosts bullish mood in oil and energy sectors. The oil still has room to run and Knm share price is likely jumping higher.
2020-12-03 16:06 | Report Abuse
Oil up boosts oil and energy stocks bullish despite Opec+ production cut squabble. Knm continues uptrend and should be able to hit the target price 50 cents in the near future.
2020-12-03 09:03 | Report Abuse
Oil and energy stocks are becoming increasingly bullish on the positive outlook for oil prices, anticipating that Opec+ will reach a deal to extend current oil production cut and vaccine approval giving a big boost to oil consumption. Knm should be able to reach the target price 50 cents in the near future.
2020-12-01 17:36 | Report Abuse
Opec+ meeting ended on Monday without an agreement and Opec+ forced to reschedule the meeting to 3rd December. Market expectations are still leaning towards current oil productions cut being extend to prevent global oil surplus. Investors expected that Opec+ will ultimately extend production curbs by another 3 to 6 months which would support the oil prices. Positive sentiment on oil markets and oil and gas counters are likely to move up higher. Knm is likely to hit the target price 50 cents in the near future.
2020-11-30 11:02 | Report Abuse
Knm still traded at a price substantially below its fair value. Knm share price will climb up higher as knm became profitable since last year and is expected to continue profitable especially profit made for the first 3 quarters of this year despite covid 19 pandemic.
2020-11-28 10:48 | Report Abuse
Encouraging news on potential covid-19 vaccine boosts global oil demand most likely to return back to its pre-pandemic level by 2021. Oil stocks are bullish as investors remained cheered by vaccine optimism. Knm should be able to reach target price 50 cents in the near future.
2020-11-26 08:01 | Report Abuse
Budget 2021 voting is likely to pass. Knm target price 150 cents once Peterborough WTE project is completed.
2020-11-26 07:52 | Report Abuse
Weaker US dollars boost oil prices. Oil continues to move higher as investors remained cheered by optimism over progress toward covid 19 vaccines. Oil market is bullish and oil traders are eager to push up oil prices to a new high. Positive sentiment on oil stocks and Knm posted a substantial increase in profit in its 3rd quarter financial report should be able to boost Knm share price to a new high. Knm target price 50 cents in the near future.
2020-11-24 20:14 | Report Abuse
KLCI falls 19.09 on profit taking consolidation, budget 2021 voting jitters. Majority counters drop.
2020-11-24 08:41 | Report Abuse
Oil rallied as covid-19 vaccine was 90% effective in protecting against coronavirus and the expectation that OPEC+ will extend their production cut for another 3 to 6 months. Positive sentiment will stimulate Knm share price soar to the sky.
2020-11-17 15:32 | Report Abuse
Glove counters started to rebound as vaccine optimism wanes. Gloves share price will leap higher again on expectations speedy rising covid-19 cases in US and Europe countries.
2020-11-16 20:48 | Report Abuse
Knm will hit the target price 150 cents once Peterborough WTE project is completed.
2020-11-16 20:46 | Report Abuse
It is expected Knm will produce strong earnings in this coming 3rd quarter report.
2020-11-16 20:35 | Report Abuse
Now Knm still traded at a price substantially below its fair value among the oil counters. The news of effective and promising vaccine will boost the oil price and Knm will be strongly moving upwards to the target price 40 cents in the near future. Knm will hit the target price 150 cents once Borsig WTE project is completed.
2020-11-16 17:40 | Report Abuse
Oil prices will climb higher on vaccine optimism and news of a rebound in worlds economies. Oil counters will be boosted by these positive news and hopefully will push Knm share price higher in the near future.
2020-11-16 11:55 | Report Abuse
Glove shares plunge but oil counters surge as vaccine hopes dampen coronavirus fears. Investors started to shift from gloves counters to oil counters. Do not miss the boat just buy and keep. Now knm still traded at a price substantially below its fair value.
2020-11-16 10:22 | Report Abuse
Oil prices continue to spike as vaccine shields 2nd wave covid-19 worries and hopes that Opec+ will continue to curb output offset concerns of weaker fuel demand. Oil counters will be strongly rebound and hopefully Knm will follow the trend.
2020-11-10 15:42 | Report Abuse
Oil counters will be continue rising on covid 19 vaccine hopes.
2020-11-10 15:39 | Report Abuse
Oil counters will be continue rising on covid 19 hopes. Knm will hit the target price 50 cents by end of the year as it started to turn upward trend and expected its better performance in this coming 3rd quarter report. Just buy and keep while price still very low.
2020-11-09 09:17 | Report Abuse
Knm is likely to head towards the 28 cents level before its 3rd quarter report announcement as it started to turn upward trend.
2020-11-05 15:51 | Report Abuse
Knm is likely to head towards the 28 cents level before its 3rd quarter report announcement.
2020-11-05 09:18 | Report Abuse
It is good to see that KNM started to turn upward trend.
2020-11-04 09:11 | Report Abuse
KNM started making profit since last year and it is expected this coming quarter report still making profit. KNM share price still very low, just buy and hold. Target price 150 cents once Peterborough WTE project is completed.
Stock: [ARMADA]: BUMI ARMADA BERHAD
2020-12-07 02:40 | Report Abuse
Oil price is a highly sensitive indicator relative to economy activities. Share prices of oil and energy companies are highly correlated with oil prices. Anticipating global economic recovery by mass vaccination boosted global oil demand. The rally in oil prices boosts bullish mood in oil and energy sectors. The oil still has room to run and armada share price is likely jumping higher.