kmloong 5027 why share price drop ?

Posted by watchful2 > 2012-10-08 17:36 | Report Abuse

Dear all, can share why kmloong today drop 3% as already announce dividen of 5% ex date 31 oct 2012?

Be the first to like this.

3 comment(s). Last comment by djhchew 2012-10-09 10:47

djhchew

208 posts

Posted by djhchew > 2012-10-08 18:15 | Report Abuse

Just my 2 cents here..

4 months ago at 2.31, it was in this similar position before peaking 1 1/2 moths later at 2.71.

Distributing now and not too far from a rebound (if there is no bad news and when volume picks up).

watchful2

51 posts

Posted by watchful2 > 2012-10-09 10:28 | Report Abuse

thks, bro.

djhchew

208 posts

Posted by djhchew > 2012-10-09 10:47 | Report Abuse

No prob.. by the way, watch that RSI.. before, it was above 30% and now it is below which indicates a weakening strenght.

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