GloveBurnHand, I see the same as yours. I think vaccination start to show the result for those countries that already very high %. Malaysia should follow when we have more vaccine arrived. Time to collect, cheers!!

Q at 2.77. Hope will get it today.

As expected. The price drop for us to collect slowly.

Time to collect genm, I think would be below 2.80 tomorrow due to MCO 3.0 nationwide.

Invest Malaysia, if u want to wait until situation back to normal, then you will buy genm at rm5.
If you want to buy at lower price buy now. Thanks.

Armada and Knm slowly coming!

Coming slowly:)

Velesto will need time to recover, maybe next 2-3 years. I'm happy managed to offload 50% last week. For those who have the holding power, you can continue to hold.

People look beyond raya, beyond June when we have more vaccine arrived. I think investor slowly offload glove and come over the recovery sectors like Genting. US will start to open back casino in June 2021. This is good for Genting!
For genm, we will wait until Q1 2022 sure it will slowly up couple with outdoor newly open. Cheers!!

Price will not drop further but it will up after June 2021. Wait and see, cheers!!

Macxxx11, I'm not too worry about covid. At least we can estimate that vaccination program is in progress. By Q1 2022 I'm sure that the situation will be better when more population got vaccinated. But we don't know when the Naga 7 will be up and running. Therefore I said knm or armada could be a better choice and worth waiting.

Armada also ok

Time to make decision, I think KNM will have a better prospect in this case. With a lower number of share and no incident. Will move 50% of investment here to reduce risks of prolong recovery of Velesto. The demand of oil and gas will continue to increase and for sure those oil and gas related should also increase. Including velesto should there is no rig incident, so sad :(

Agreed, the price should move up when more ppl got vaccinated and are allowed to travel. Let's wait for 3 months to see the progress. US target to complete their vaccination target by June, hope they will send us more vaccine after that. By end of the year we should also already achieved high % of vaccination.

Down is just temporary due to MCO announcement, small market reaction.

Uncertainties for this counter, should stay away until everything more clearer.

As long as the company making profit, it will not go wrong. Buy at the lower price and sleep well every night waiting for jackpot.

Many run from velesto to knm, it is a good move.

Bad luck for velesto, even can cover by insurance claim but it will take sometime to be back in business. Difficult to predict now.

Sudah mari sudah mari!

No nationwide MCO, price now more stable. Can continue collecting. Cheers!

Sardin, we have already bought the knm share just like you. Now waiting for the jackpot you keep mentioning. Hope it will come sooner or later but not too long until we are too old to use the money we gain from knm later.:)

Cheers!!

Alfonso, many are waiting for interstate travel to open, want to go yumcha at genting. Play roulette, poker etc,..

Cut lost for some 5-10% it's okay rather than 50-60% or even higher loses for next 3 years. Sell and buy back later when it hit bottom.

Volesto share will drop due to incident on rig 7, we hope kuncu2 Volesto will run fast and come here to support KNM. Cheers!

Better cut loss and change to more stable counter like knm which also very cheap now.

New TP0.11

Genting will not make any profit until the country fully open. I think only end of year 2022 will see some profit.
But for those who want to collect and keep, I think it's time to collect. Don't wait until the price up then collect because u will buy at a higher price.
I personally will continue to collect as long as the price still below rm3.

JackY I have the same feeling that the mgmt of KNM not transparent enough. We are gamblers buying and hoping it will move like FRONTKN. If it happen, then it like winning the jackpot.
If not happen I think buying at 0.18-0.20 still consider very low price. The minimum price should move above 0.30 when covid situation getting better. This is what my personal thinking.

Jack Y you have a valid point, it shown the maturity and accept the fact. I checked FRONTKN, the revenue, net profit similar to KNM. There are some differences such as the total number of share issued and the dividen policy. FRONTKN did pay dividen but KNM not. These are what we see.
If Sardin81 is correct, KNM price should be at least rm2.5 now compared to FRONTKN.
But why no movement, maybe only Sardin can see but other investors can't see the future:).

We for sure will see light at the end of the tunnel.

I don't think MCO for whole nation, should be for the selected areas with high cases.
The good news is US and EU countries vaccination progress well and plan to open more business by June.
Pfizer also start to have a good news for the vaccine child 12-16 years.

It will drop further i think if government declare MCO 3.0, if not it will stay at this level until later this year when we see the new cases drop, vaccination increase. The price should start to more above 3 when the interstate travel is allowed later.

US vaccination program progress well and it shown very effective and will complete by end June. Malaysia is slow progress, but expected to be moving faster when we received more vaccine. By then the situation expected to be better. It's time to collect when people panic selling now. Cheers to those who believe in your self.

Thank you for sharing cploh03, I think we are at the wrong counter. Sardin81 may want to protect with his points later. But if the mgmt is still dirty the share price will not up. They should stop esos, also what we notice the company keeping selling the share from treasury. Why??

It will benefit for a real company, now we are not very sure if Pdz is a real company or a conman company setup to make profit by issuing PP. Using public money for personal gain in short-term.

My TP is only 0.40 no need to be more. It's enough to make profit from knm. To wait for tp rm3 I think need to wait for next 30years. Because the price not even touch rm3 for last 10years. We can dream but shouldn't be too deep dreaming:). No point to get a good profit when we can't even spend that money. Sardin you should buy land and plant trees because this will yield more profit for next 30years just joking. :)

This is a clear logic, the interstate travel allowed by year end. The vaccination program completed by year end. And we hope to see the TP move above 3.5 by year end. It's minimum 16% up from now, and enough for the waiting time of 8months from now.

For those who are waiting to buy in July, it's nothing wrong but you will buy at a higher price. By that time the price should be rm3++. For those who already bought it below rm3 enjoy a lower price. Cheers!!:)

Hahahahaha agreed!!

Price become more stable and waiting to move when the vaccination program completed by year end. For those who already bought it, keep it to enjoy profit by next year Q1. Cheers!!

Wait less than 1 year to gain 30% is worth waiting. Just be patient. The company not making any losses for many quarters. Just wait for the world economy to open when 50% of world population get vaccinated. US target to complete by June 2021 already. Cheers!

Agreed with Doer! Just wait and it will not long. My personal target by Q1 2022.

Added at 2.90 today, and keep for future.

Just wait for next goreng, buy and keep.

Buy and keep for next goreng!

Time to collect, sure will up in future, at least rm3.50 by Q1 2022.

Time to collect more and keep, sure will up in future. Target 0.25 by year-end.

Pls keep for at least 2-3 years before we can see the price movement for KNM. If you want to see frequent move up or down, I think should buy glove counters. :l