Yes, it seems that the oil price surge is having a positive effect on KGROUP. Not direct but rather indirectly. Mother share jumps significantly from 4-5 sen to 8 sen now. Warrant KGROUP-WA also rockets up but now is still very cheap at 1.5-2 sen, with long expiry date. Another factor is that the latest QR released on 28 Feb 2017 shows QOQ increase in both revenue to RM8 million and net profit to RM 340 k (from a big loss the previous quarter). So after a few weeks of positive QR release we are now seeing the prices of KGROUP exploding, indication of better immediate future and good fundamentals. Oh, another factor is the corporate exercise of last week - issue of rights and WB, rather attractive and catalysts for the present rocketing momentum. Expected announcement of project will propel the prices further up. So next week should be a very exciting and momentous week for KGROUP mother and sons.
Wah Ultrainvestor this smoking hot news of MOU betwwen KGROUP (DISB) and RapidCloud is very exciting indeed. After 5 pm I checked Burs still no news so must be released after 5.30 pm. That explains the jump in share prices and those insiders must have known about this earlier. Going into cloud computing and e-commerce is the right thing to do. Right now. Companies have to act fast. So Jack Ma and Alibaba are in. KGROUP will rocket up next week. Ultrainvestor, you're not known as that for nothing, so fast with news.
aha but I didn't buy this evening before market close. The management must now work really really hard to make sure the ideas in the MoU materialises. Now another potential stock to put money in and let it sleep and grow.
Was really really attracted to find out what was happening though.
I won't deny that possibility. I like the eagerness shown in the MoU for example :
"DISB and RAPIDCLOUD agree that commencement of concrete and finite negotiations on the working relationship of the collaboration be finalised within 30 days of this MOU" .
Rapidcloud Malaysia is already an established Alibaba sales partner.
At the moment? I don't know, if I got in low, (less than Rm0.1 !) I would like to ride as long as I could. Along the way to achieving higher targets, there will be retracements and such but if I got in low, those shouldn't bother me.
The wa is dirt cheap O.O . About 15 months until maturity and exercise price is RM0.1 only. This reminds me of Notion and Notion-wb. Notion-wb jumped really2 high even when 1 month close to maturity because mother moved beautifully.
pullback because of punters. If they let it fly, I'm not sure how high it could go. Given the price, the sentiment, influx of foreign funds, higher than 0.12 shouldn't be a problem..
Buy Kgroup-wa now because the mother is moving up above 10 sen. Wa will move very fast together with mother. Tomorrow should fly sky high...because the stale bull is taken today. We are on highway ...no regrets...buy because today is a total gap up with Strong volume. So it is a very strong bullish indicator.
Well they got the hot sentiment on their side (Alibaba++), increasing foreign fund confidence, if they don't use this to their advantage, I don't know lah.
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....
ZFiras
5 posts
Posted by ZFiras > 2017-03-13 11:14 | Report Abuse
Buy..buy..buy..now is the time