KNM share price may soon rebounds to end it long cold winter

2008-12-27

KNM share price may soon rebounds to end it long cold winter

Base on the RSI chart, KNM share price may soon rebounds to end it long cold winter. KNM had countinues share buy back for few day and base on Bursa report KNM had buy back 36,290,200 unit (0.916%) and KNM boss had holding 26% of KNM share.

In Addition, EPF also accumulated a number of share during share price in between RM 0.40. From the number of share hold by EPF and KNM boss, I think the long cold winter will be "goreng" up.

4 comments:

Elvis2020 December 28, 2008 at 5:30 PM: Hemmm, i read an article that the price of NYMEX OIL is inaccurate to reflect the real situation of demand and supply. Hence, we saw the superspike recently. I agree with you that KNM will rebound soon. I have sold my GPACKET since the upside is too high, and may take several days or a week to consolidate again. BUY KNM.....
Ivan December 30, 2008 at 1:09 AM: Hi Sir,

happy new year and thanks for the sharing for all the time.
TQVM :D
East Point Trading December 30, 2008 at 2:09 PM: If war happen, sure oil price will short up and so KNM share.

Soon the chart may show so turning point.
Elvis2020 January 1, 2009 at 12:34 PM: Last chance to see KNM @ 0.40 cents. Crude Oil has bottomed, only way is UP. KNM is truly undervalued at the moment, compare to Kencana, Ranhill etc, KNM price looks like Mercedes Benz selling at Proton Saga price. Come on folks, isnt it ridiculious??? Should be around RM1.00....

Stock Quote

KLCI Live Quotes Lookup Stock Code/Name Enter Stock Code/Name

Investment Idea

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.

Footer

Weblog Disclaimer: The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

Bursa Malaysia (KLSE) Daily Info Edge Zone