KUALA LUMPUR (Oct 8): Opposition leader Datuk Seri Anwar Ibrahim today said he will meet with the King next week to present his case for taking over the premiership from Prime Minister Tan Sri Muhyiddin Yassin.
Anwar in a statement said Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah had agreed to grant him an audience next Tuesday (Oct 13), when he will present documentation "of the strong and convincing majority" of Members of Parliament (MPs) backing his claim to the premiership.
Actually retailer panic sell not much volume. It is lousy operator who purposely throw in big volume to hasten the decline, instead of supporting the price. They also purposely want it to close below 0.40 to create negative feel and their aim is to collect low again 0.375 to 0.38 next few days. That is the usual MO of this low budget operator and it is giving K1 a bad name in the eyes of retailers who lose money despite the good news. Go figure...
erijutawan you are right , the latest announcement is just a news . we can only see the profit reflected in after 1-2 quater . investor buying at the current cheap price need to have the holding power .
the price will fluctuate at 0.3-0.4 and will gradually rise towards mid next year when the product is being shiped
Despite green, the closing price is still a big disappointment to many including myself who were expecting a closing above 0.40. Another wasted ace of syringe license which will soon be forgotten in the days ahead just like MOH approval. The elusive 0.50 still remain a difficult TP to achieve. So near yet so far.
@huatkopi88, ya loh, disappointed.. We not hope for limit up, no more this dream.. Jz nice nice 40 to 45 sen is sufficient for the investor to believe and have faith.. Mana tau.. Tomorrow Friday.. Normally profit taking day..
Seng, not much profit left at 0.395 only meagre 2 cents up. It is coming high volume force selling T2 and T3 those bought 0.415 to 0.44. Expect weakness ahead until Tuesday when A meets A to present his list.
A meet A is scary scenario.. We never know how market react.. When HC bull run, K1 lagging. When K1 got news, then everytime got "something" happen, then pppl forget this K1 again.. How good a company, without big fund in.. Still a penny..
Lousy stingy syndicate compared to Prlexus for example which accumulate and push higher and higher. Even if no A factor today, it will likely close 0.415 my guess. K1 still trapped in low value penny stock range despite all its potentials. Unless management share buy back or private placement to reduce share float.
Nothing to understand, if know K1 laggard dna. Management is not doing anything to support price, let syndicate goreng up 1 day, down 4 days. Pn17 company has better price appreciation than this.
Hahaha. Pls check the margin of syringe needle cap. Don't Be so naive.. There are million of competitive on the earth. K1 is always behind others.. Cant even manage to get order for the 4x higher price nasal swabs.... Now.. Talk abt new product.. Haha.
I don have to check the price to know it down.. When i go to this blog and see nolimitup name (no need to read the comment) i know K1 is down.. A good down indicator.. No stress.. Let nolimit stress hahaha
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huatkopi88
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Posted by huatkopi88 > 2020-10-08 16:38 | Report Abuse
Counter that has strength are not affected, except K1 you know lah