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KNM is on way up

From the edge weekly Mr Lee Swee Eng are holding 1,044,859,590 unit of KNM share it is about 26.41% of KNM Group Berhad share. He is the major shareholder in 60% free float of KNM share and also Mr Lee Swee Eng is Malaysia's Richest no 13 (from Forbes.com) At last week he had buy back KNM share from open market may been because of that KNM share did not fall a lot during KLCI big drop. Base on KNM chart, the share price is on the way to RM 1.40 but due to market situation now and on the positive side Hari Raya is on next week, KNM share is on the up side position in this week. However for share price come to RM 1.40 may still need some time.


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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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