i'm sorry to hear that omores.. i wish you all the best too.

Don't worry about the missed earnings, the journey is long and windy.. most important is to learn along the way. I can't say whether tomorrow i'll lose RM20,000 again, but the most valuable things is the investment and trading lessons learnt along the way.

---

Added on May 4, 2009, 2:53 pmMy average buy price is around RM0.510.


This post has been edited by chilaxis: May 4 2009, 02:53 PM

No la, I don't have 1 mil shares.. way lower than that Your calculation got error!

I'm in it for the long run though, my investment target is banking on Ir. Lee and co. to bring KNM into the top-3 in thier oil&gas machinery business, and then we hit RM2.00 by 2013!

omores: I previously owned a closed-end fund counter called ICap too - mainly to ride on its diversification. But not anymore.. like i mentioned in this thread earlier, my bullets are 100% into KNM now, mainly coz KNM really dropped too low beyond its intrinsic value (i value KNM at around 0.75), best valued blue chip in my opinion! Holding for long run... accumulating..

Heya guys, am back

Count me in to the gathering when I'm in Malaysia I stay at OUG, so Midvalley is my preferred choice of gathering. But SS2 suits me OK. Of course let's see who else joining first, then finalize the location, then let me know.

This post has been edited by chilaxis: May 4 2009, 11:13 PM

Sold all at 0.670. I sense correction imminent. Will observe/wait a few days before committing back.

Hello everyone, just got back from the hospital, my first child just born! haha..

Wah the action here still hot looks like KNM still on the way up

Haha thanks okw, already had a couple already ... not easy... but coping!

Haha.. it's a girl, v-honda... 2.8kg.. came out 1 week earlier than expected, but thank God fully healthy.

Wow CKC got exciting news on KNM? My bullets ready to lock and reload..

Nope 1st child bro... feeling on top of the world

Let's speculate on CKC's news.. could it be that KNM is to acquire SAAG?

Haha thanks too YungSeng. It's a girl.

Ya, i'm gonna make sure I capture on video and camera her every moment wei.. this kind of thing not like stocks.. no reversing one!

On CKC's news, ya.. realistically, it will be a contract news. Coz Ir. Lee said before he's not gonna do anymore acquisition in the short to medium term. Main thing is to consolidate the company first after Borsig.

---

Added on May 8, 2009, 12:27 pmBut I'm also thinking, normally if good news come out, will be good for investor, but bad for traders.

Coz traders buy on rumours, sell on news. Investors wouldn't mind the temporary drop, coz the good news would mean long term goodness

This post has been edited by chilaxis: May 8 2009, 12:27 PM

Haha.. taikin, thanks for the wishes too.

26... same as when I first started investing in stocks

Haha thanks too Teewan..just got back from helping to take bath for the little one.

Thanks CKC for sharing the info, gives more confidence to hold KNM long term.

To all brothers here, let's celebrate, oil almost $60!

Cheers to KNM, from which profit made me feel better at ease financially when welcoming my firstborn!