Refer to my comments few weeks back that ask y'all to drop this share. it's such a shame that we are still seeing sheeps like sardin81 and godofgambler asking people to buy, TP0.6 whatsover, they are truly clueless.
Just imagine, when the share was at 30+c, you listened to sardin81, who does not even understand what a goodwill is (basic furking accounting) and held the shares. Take note, this is the very same person who mentioned that due to coronavirus, the demand for ethanol production for KNM will surge up so significant that it will move the share price. i was holding back my laugh so badly in my office. so what happens now?
For those who are still holding, just drop it for God's sake, people who are still convincing to buy here are mediocre investors (sardin, godofgambler, pak tua maybe?) who believe in overnight successes.
people who are still holding this share, yes this share has potential but not in the short term. maybe another 2-3 years when it is less geared. i have entered in counter at 12c last year and exit at 30c. Not exactly a big gain as compared with its peak but the money was used to generate profits in other counter. Opportunity cost, pls take opportunity cost into consideration especially at such time where plenty other shares are waiting to bloom.
Hoho. Me already here. Might as well ride the wave. Not only KNM effected. Nearly all. Looks at Genting counter today. Everyone got his own opinion. No blame who. Even Paktua is out of this counter. U guys can always cutlost. And maybe back here at cheaper price. For me, ride the wave lo........... hohohohoho. Lets HUAT TOGETHER.
With novel coronavirus outbreaks popping up throughout the world, U.S. health officials on Tuesday (Feb. 25) advised the American public to prepare for an epidemic in which the virus rapidly spreads to many people within a short window of time.
"Now's the time for businesses, hospitals, community schools and everyday people to begin preparing," Dr. Nancy Messonnier, the director of the National Center for Immunization and Respiratory Diseases at the Centers for Disease Control and Prevention (CDC), said in a news conference held Feb. 25. With no vaccine or treatment available to combat these infections, Americans must be prepared to take other precautions to protect themselves and their communities from the virus, she said.
"If we're not able to hold the line in the next week or two, you're going to start seeing a lot more cases," said Dr. George Rutherford, a professor of epidemiology and biostatistics at the University of California, San Francisco.
But what can you do, personally, to prepare for an impending viral outbreak? Live Science talked to several experts about how to prepare for coronavirus in the US. Here are some tips:
Practice good hygiene and health habits
Wash your hands often and thoroughly with soap and water for at least 20 seconds or use an alcohol-based hand sanitizer (with at least 60% to 95% alcohol). Cover your coughs and sneezes with an elbow sleeve or tissue. Avoid touching your eyes, nose or mouth, as you can pick up the virus that way. Clean frequently touched surfaces and objects like doorknobs and countertops. Evidence suggests that disinfectants with 62% to 71% ethanol, 0.5% hydrogen peroxide or 0.1% sodium hypochlorite (bleach) can "efficiently" inactivate coronaviruses within a minute, though it's not yet known how the new coronavirus reacts to these products, Live Science previously reported. Get the flu shot if you haven't already! Although the seasonal flu vaccine cannot protect you from COVID-19 directly, you may be more likely to develop severe pneumonia if you contract both diseases simultaneously, The New York Times reported.By avoiding the flu, you may also avoid making a trip to the doctor in the middle of a COVID-19 epidemic, when health care workers may be overwhelmed with other patients.
Fact is 62% ethanol is needed... That is farking alot... Knm is heading the right direction.. Right product... Right timing... Right investment on ethanol plant..
Sardine i disagree with you that knm not related to oil and gas.... As i see knm is like hybrid.. It can go both ways which can cover wider range of industries. This is advantage of knm now.. Wont run out of business... If crude is low..knm can focus on other industries like energy renewable and ethanol production... When oil and gas good... They can do fabrication business... Anyway knm is awesome.
sardin, dont get pissed just by me mentioning the corona virus. it just shows that u can't standby your "facts". of course the demand of ethanol production will increase in accordance with what u said, but the fact that you mentioned knm share price will increase means that you expect the whole world to source ethanol from a mere KNM. do you have any clue how many ethanol producers are out there? it is just apparent u try to bullshit by taking opportunity of the occurence of coronavirus. now everything proves otherwise.
also the fact that u said net profit for 4 consequetive quarters should bring the share price up to RM 1 or above, just proves my point that u are being a mediocre investor that thinks market only looking at the net profit.
i work in an investment firm and i assure u that, 99% of people getting paid over hundred thousand here annually for analysing shares, will call bullshit.
for you, a green net profit = a good fundamental analysis. you are a laughing stock.
Gooble a chill pill guys........ Cant take the heat just cutlost. Dont believe in KNM just cutlost. No matter what Sardine said, he is entitled to his own opinion. U guys either accept or assume he is just blowing water. Lol
as said last year, wait just look after warrant expired...if still maintain this price and grounding to zero, yohooooo meaning warrant play laaa, simple as that..hopefully not laaa.. jeng jeng jeng...
Surely based on the recent 4 quarters +profits, one day KNM will rebound if the performance sustain, and that is the reason we are still here after sold at 0.4x last year.
However, short term it is a downtrend and we are still waiting for a good entry point as there is no support of price. No rush to buy until a confirmation of buy signal for trend reversal.
When it rebound there will be a good return in term of % due to the low in price. 0.2 definitely not a bottom.
Half of the volume today are IDSS sell at 0.202 (average), buy back 0.195/0.2. If IDSS continue short selling daily and retailers continue stuck at high price waiting to be forced sell, the price will continue going south until a trend reversal.
@ sardin81, I have no doubt in term of the profitability and the future prospect of the company, and that is why I am still patiently waiting for a good entry point after sold all last year. Thanks for your details and insights. Hope there is more good news being advertised by KNM as what it did last year as it had been very quiet since Nov.
1) Daily IDSS short selling with no strong support of price. 2) Most retailers that still holding stuck at high price or being forced sell. 3) No news at all since Nov.
Dont ask ppl to buy. This is completely a wrong time to buy. Wait for it to bottom out. I dont know when it will bottom out. Maybe the TA can see chart, and advice when your indicators are positive.
For FA, wait for the so call @IMPORTANT ANNOUNCEMENT @ proclamation by FA fake master @Sardine81. Dont forget if your target is RM3 or 0.60, it doesnt matter if you buy at 0.20 or 0.30...!
Bloody wrong advice to give during downtrend:-
@Godofgambler Dont afraid...just buy and keep 02/03/2020 7:31 PM
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....
CUTLOST
5,178 posts
Posted by CUTLOST > 2020-03-02 09:25 | Report Abuse
Lama2 nnti naik lah.. When everything is stable.. I'm already 3 times cut lost.. Hope fully can get it at support 15 to 16 cts afternokn session.