Sardin, why I know it is high value low margin? Because I have been involved in squeezing vendor like knm for last many years. I talk too much already. Zip.
@ sardin81, for the past one week inclusive today, most of the Q volume at buy & sell are IDSS, not retailers. As long they make money daily, they wont stop until hands burnt. that is the reason I hesitate to enter although the price getting attractive.
If big player can sell all the way to 7sen last year,why not they sell at 20sen.This is a very bearish stock,unfortunately someone "too" confidence and fall in love in this company.He might average down from 30sen+ all the way to below 25sen and run out of cash to buy low now.
sardin ,do u have any idea how much the world ethanol production? 160 billion litres /year,output of impress ethanol 50,000 litre is not even 0.05% of world production
this is call follow the tide,those idss group shorts all the way from 40+ sen till now,without any good news dont expects the price will go up anytime soon.
last time i ask to sell..dont want to sell..Borsig la Enthanol la..now already break 20sen..later it will go back to 7sen..how? Cry lor..better sell la..still got profit 13sen from 7sen..if got la...:)
u dont have to hate those IDSS buyer,this is a willing buy and sell market,indeed u should thanks them so u could buy at very low price.If u dont have anymore cash, that is difference story la
Directors shall buy Big at this level to give faith for the current share price and to punish IDSS. Small retailers like us need such confidence to follow.
- KNM is under attack but IDSS, the whole KLSE only KNM counter got attacked, thats why share price low. - KNM share price cannot exceed RM 1 because of corona virus. coronavirus only happened to KNM so far, all the infected are KNM staff - the whole KLSE is manipulating the profit. the manipulation is very simple by moving cash here and there. and hence every other counters net profit also understated by RM1bil, just like KNM.
if you want to hold or average down based on his comments above, kindly to so. one way ticket to hell :)
masterkevin212 i looked back at this thread and everyone doubted u and supported sardin. those that did already become beggar. you completely, i mean COMPLETELY destroyed sardin81.
well done bro. the truth prevailed in the end. we need you more than sardin81 definitely
Lets patiently wait for the downtrend ended => reverse to uptrend then only enter. No point to buy during a downtrend, it will never be too late to buy at the point of reversal of trend, worst case is miss the opportunity only, it is much better then holding at a lose and watching from 0.4x to 0.3x to 0.2x to 0.1x with hope of break-even in future.
I sold all at 0.425 last year and felt terribly bad at the time when the price flew all the way up to 0.475 and thought it will reach 0.5x. Now the fund that I sold at 0.425, I can buy back more then double of units at current price and I am great for my decision to sell at 0.425 (that I bought at 0.19 last year).
sardin81 provide evidence la, since u said can trace, show everyone here that we are the same people. another dumbass always talk big only. why dont reply to my previous reply on you?
matter of fact, when the share price was 40c+, masterkevin said it will drop, while u con others that it will rise above RM 3. so he still a liar? or u are?
of course u are not able to respond la. you have typed some serious stupid comments that when someone rebuts you, u are exposed. so how sardin, coronavirus only affect KNM ka? all listed companies are manipulating and understate their net profit by 1 billion ka?
last time u said coronavirus will favor KNM because KNM is ethanol producer?? now u u-turn to say that the share price drop because of coronavirus?? are u even listening to urself ah?
so far, biggest direct drop without runs was 7/11/18 (0.145) to 20/12/18 (0.070) about 51%... This round 30/12/19 (0.380) to say 0.190 today was 50%... do u think will drop further without runs up?
In any situation, direct drop without runs, they wont make much money. Real money comes in when u create some runs to trap retailers or even some smaller scale fund mgr....Ask ur self this questions.... do u buy more when its dropping or u buy more when its running up?
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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....
maxprofit2020
1,161 posts
Posted by maxprofit2020 > 2020-03-06 10:05 | Report Abuse
IDSS just short selling RM 689k at 0.2 this morning, and they prepare to buy back < 0.2 in the afternoon.