KNM Have 3 Major Jump Up

2009-06-03

KNM Have 3 Major Jump Up

KNM has continues moving up since beginning of the KLCI bull run. KNM is foreign fund favors share so when all the fund rust in KNM is they choice.

Early of the year a lot of negative news about KNM had flow out and this share is also part of UNMO political share, it did not mean it run by UNMO people but it is a share use by UNMO to give money. Now most of the gived share already sold out most of it and soon KNM price will hits RM1.50

For me it is really a mised oppecunity to make money. However base on the chart, it may happen another 4th jump to push KNM to RM1.50

2 comments:

Elvis2020 June 3, 2009 at 11:16 AM: Friend, this stock already move almost 200%. If recommend now, a bit too late. Really miss the boat this time. You used to be very cun when recommending buy/sell stocks. Lately, not so. Thanks...
East Point Trading June 3, 2009 at 2:15 PM: I think now still not yet fully miss the boat as long as USD value keep drop or at this leave I personally think the share will not drop especially Asia market.

All the fund manager need to pay bonus end of this year so they need the market to go high and need a place out from USD market.

However they is still a risk to jump in now but I think still can buy some good share like AMMB-CD I brought at RM 0.155 and KNM at RM0.990

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