New CEO Mr. Tan Koon Ping is currently holding 4mil KNM shares. Mdm Gan has acquired another 30mil shares via ESOS. She sold 50mil shares to open market about RM0.22 (2/7) & now acquired 40mil shares (15/7) & 30mil shares (21/7) via ESOS @RM0 11. I am wondering is this the way she makes profit?
We refer to the Company’s announcement made on 7 July 2020 pertaining to the Heads of Joint Venture Agreement.
The Company wishes to inform that the Joint Venture Company, namely ADAP KNM (S) Sdn Bhd had been incorporated on 22 July 2020 with paid up share capital of RM100,000.00 comprising of 100,000 ordinary shares.
Oil prices fell 2% on Thursday on a surge in coronavirus cases that triggered fears of a hit to demand and the latest diplomatic spat between the United States and China, outweighing the benefit of a weaker dollar.
Brent futures fell $1.01, or 2.3%, to $43.28 a barrel, while West Texas Intermediate crude settled 1.98%, or 83 cents, lower at $41.07 per barrel.
The JV is the next malaysian theme. Sarawak and Sabah is growing fast. If you miss glove mania, please dont miss KNM mania. The only problem is time...
EMA 200 = 0.235 (current resistance) EMA 50 & 90 = 0.215 (current support) KNM may fluctuate thru & forte between the current resistance & support level.
If price able to breakthrough 0.235 resistance & sustain, it may fly like last year to break the ceiling.
However, if it break below 0.215, especially if it break below psychological support level of 0.2, it may trend down back to 0.1x.
As all the MA lines almost within +/-10% narrow gap (which some of you may realized it up one day & down one day recently), it is at the crossing junction for a price breakout within short term.
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....
jek2288
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Posted by jek2288 > 2020-07-22 12:08 | Report Abuse
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