Ethanol price is not a secret, times production capacity, how much per year is able to generate can be calculated.
If you believe knm is not affected by low oil price, just ask anyone of your friend who is working in the o&g and who really know knm.
If you are 100% sure knm worth a lot more, just sell your underwear to buy. I would not buy sapura, armada and knm for reasons because I know them, and I made this point since they were at high price.
Want to gamble in company like this, no problem, put all money in? good luck!
Sardin, you can buy them all at such a low price since you were planning to take over the cash cow knm. You didn't get my point about ethanol, you know their production rate x ethanol price that's the revenue. Profit margin is xx% then you know the rough profit. Their production rate is very low only. My only point is don't over sell the profit this company can make. Don't buy with retirement fund in stock like this.
neemdom, if you can believe on someone in the forum and put your money in, good luck to you, you don't even need to believe me. Ask people who you can trust and only buy the company that you really know what they are doing.
When someone tell you low oil price will not have negative impact on knm, it is very clear he does not know knm business model.
Just in case you did not see... IDSS ( short selling ) vol jump from 46K to 99K in just a few seconds. Tell me, if this is not stock price manipulation, you want to call it what ? If this is real investor dumping KNM shares, surely IDSS vol will not increase that much within seconds.
As Sardin said it was true scenario, hope everyone can understand. In fact IDSS nothing good to the market except Bursa make a ton of money from clearing fee. U can name Bursa is the one to support a big manipulator for its profit
sardin, i see u posting almost every second from market open to close,can KNM go up?The more it drops the more u panic and worry.U r so tension day or night.Idss is the part of the game,incase u dont know,just dont blame Idss. u r not suitable to play stock,i see only u blaming day n night here
I told u guys yesterday if US market down KNM will retest 0.13,tonight if US market down another 1,000 point ,tomorrow market will be a killing field.I dont know why u guys could not wait? Cheap blue chips and mid cap stock all over the market now ,why buy KNM?
Y hold when everybody selling ...can always buy back later right ? downside is certain for all O&G ...very risky pennies anytime can end up like perisai recently ...
KNM with BORSIG is already a cash cow business today, have you seen any year that BORSIG fails to bring in RM 1 billion worth of sales ? Even when they have zero new projects, still can get more than RM1 billion sales. During the world economic crisis last time.. also more than RM1 billion sales.
fund manager cannot buy KNM... because almost all of them have rules preventing them from buying penny stocks. If KNM is RM1 and above, I am sure alot of them will rushed in to buy.
You clearly don’t understand how engineering company works. Period.
At current momentum and bearish sentiment....will be below 0.10 in a week or 2 at most. The irony is...the oldest supporter here had averaged up at higher price now... And newcomers will have a chance to buy at basement prices....what irony.
Just dont cut loss or sell to them... once everyone stop cut loss or selling, IDSS have to buy back their own short selling at higher price, KNM will go up again.
Actually a lot people opposed sardin81 here waiting to collect at 0.07. My advise is let the price drop till 0.07 then everyone jump in collecting and will sided sardin81 instead. Then we all can everyday happily works together shout for limit up again! Lol... Comment "Thumbs up" below if support my statement. Hahahaaa :))
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....
H12345
67 posts
Posted by H12345 > 2020-03-12 11:17 | Report Abuse
Ethanol price is not a secret, times production capacity, how much per year is able to generate can be calculated.
If you believe knm is not affected by low oil price, just ask anyone of your friend who is working in the o&g and who really know knm.
If you are 100% sure knm worth a lot more, just sell your underwear to buy. I would not buy sapura, armada and knm for reasons because I know them, and I made this point since they were at high price.
Want to gamble in company like this, no problem, put all money in? good luck!