Today's KNM battle has been won by Mr. Green. Mr. Red is licking its wounds... he never saw Mr. Green coming, as he thought he had been distracted by other counters.

The war shall continue tomorrow...

I think even 0.56 might be sapu finished at this rate...

Cannot be 0.565 la, there is a "Trading at Last" system in place.

hahaha... this was funny


Well today I got a gut feeling Mr. Green is going to give chance to Mr. Red today, giving him a false sense of security. Then next week Mr. Green is going to come back with a surprise attack with a big wallop!

The calvary is slowly arriving..

He's busy helping RAMUNIA today

Actually KNM yesterday also like that... slow when others are cheonging. So hard to say...

Europe, whose market just opened, is all green by the way

Volume for KNM has broken 1,000,000 lot. Amazing. This means something big is going to happen over the next 3 days.

The last time this started happening, KNM shot up 13 cents over the next 3 days.

However, the second last time this happened, KNM dropped 28 cents over the next 3 days...

I just hope 0.70, it's enough

4.00pm~4.30pm is usually when KNM's Mr. Green or Mr. Red make their big entrance. Seat-belts on fellas..

Wow... MAA's rise is amazing..congratulations teewan!

It's coming

You'll be surprised to what Mr. Green can achieve. Remember the two big rocks yesterday?
It's a matter of whether he wants to only...

This post has been edited by chilaxis: Apr 24 2009, 04:20 PM

The current play by the syndicate/fund manager/group is either to:-

1. To generate volume to ensure top placing
2. The 'refilling' action is the throwing of shares to the small players.

Or, it could be :

3. A lot traders' indecision, in/out/in/out....

This post has been edited by chilaxis: Apr 24 2009, 04:34 PM

Looks like it's ending at 0.575..its highest closing price in a long while.

This post has been edited by chilaxis: Apr 24 2009, 04:47 PM

KLCI at 1000 and KNM at 0.60 is in sight. Let's hope we achieve this milestone next week. Cheers!

LoL... you forgot to mention they also acquired back 1.5 million in the next days. Plus they still currently own 9.6% of KNM leh.

They haven't given up on KNM yet don't worry bro!

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Added on April 24, 2009, 5:33 pmDumping 11 million out of 390 million is kacang.

If they dumped 110 million out of their 390 million.. then confirm have to start worrying liao!

This post has been edited by chilaxis: Apr 24 2009, 05:33 PM

kb, our CKC sifu is a fundament analyst, not a technical analyst.

So the best advice from him is that the intrinsic value that he's calculated for KNM is between 0.55 to 0.70.

Anyway, I trust fundamental analysis more than technical analysis too, so irregardless of how the market moves, most important is always have in mind the intinsic value of the company so that u can always compare against the current price.

I've sold and locked in my profits. >.< tough to 忍

The volume is getting stronger yet the down trend is still in tact.

Staying on the sidelines to observe for a while before getting back into KNM.

Good luck fellas.