Haha, quarterly result is the passed result. Do you think today oil price can affected the report? Also KNM is no selling oil, KNM only provide solutions. The report will only affected by his customer investment in oil equipments.

I didn't say you are wrong. just told you the quarterly report will not affected by current oil price. what i want to clarify to you is to corrected your explanation. refer to the past we know the oil price is very low in passed 3 months, mean the report is not that good and may turn into negative. If they have contract signed a year before the market worst, they may still deliver the equipments to customer and close the sales.

The current oil price could affected the share price now, but if the new forecast outlook is positive, it still can turn the share price higher. Also, remember, KNM share was RM2 when the oild price was USD50-USD55 in the passed.

How you know the major oil companies in the world does not have money? To me, they just slow the investment, and equipments supplier market could be more competitive in next 2 years until the economy recover in next 2 years. during this period, it will affected profit from the sales. this may due to the equipments company need to lower the margin but the margin still profitable.

KNMG have 3.9billion book order current, is not that bad.
The main worry is when he affort repay the money from Bank that borrow to buy back his shares.

Life assurance groups with banking subsidiaries will receive billions of dollars in US government bail-out funds, officials confirmed on Friday, a move experts hope will damp concerns about the financial stability of this sector.
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Stocks to watch on May 18 include IOI Corp, MRCB, Media Prima, Sime, AMMB and Hartalega.

Only the big shark can give you a high return, people lose money people win money at the same time, where got so much money rolling in the share market. could hold the share untill July. Myself got a very bad feeling after July.

Take care, like many companies that want to goreng share price. green in Q1, Q2, Q3 and make a big red in Q4. But i believe the share will continue to rise before Q4. do not put so much hope in Q4 result. predicted the share price could rise to 1.20 anytime. judge your best price to sell your share or keep it.