1.0 in two, three years time is not impossible, provided KNM maintains their solid track record and manages their gearing properly.

Haha.. obamamania tonight.
Did you retake a position into KNM today, Umikosan?

And now at USD38.74. The volatility..

Crude Oil price 80% towards forming a double bottom, hopefully the W formation can be completed this week.

Well whaddaya know...it didn't go up 2c but went up 1.5c

KNM closing price today: RM0.440
Crude oil price: USD42.35

Normally when these research houses put their 'targets' e.g. for KNM MYR1.25 target, do they mean their forecast of the valuation of the company within 1 year's time? 2 year's time? 5 year's time?

Appreciate any experienced investor's comments

Thanks for the feedback SKY. Insightful.

Looks like trading activity on the KNM counter is back to normal retail mode again.

If one closely monitors the ticker, it looks like a natural fight between supply and demand (without any of the big fishes with their big volumes)

You might be safe shudoken . Looks like the selling pressure is back, it's down back to 0.44 now.

Haha hey umiko-san, good to see you back again.

My opinion is that recently the company is supporting itself at 0.430, anything that hits below, it will buy back. So that's why there is a base at that price.

As for it hitting 0.60... it really depends on what the annual report from KNM at the end of this month say. I just hope it is positive

This post has been edited by chilaxis: Feb 11 2009, 08:37 PM

Things been quiet around this thread ^^ anybody still holding onto this stock? I haven't jumped the boat yet...

Since the rumours on the cancelled contracts have already been clarified officially, hope that the negative news has already been priced in.

Very much looking forward to seeing the annual report of KNM due this week.

The thing to look forward to is to check the current state of its financials, as well as on the action plans of the management in view of the financial crisis. Interesting week if you're still holding onto this counter.

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 11 March 2009 ]
2) The last date of lodgement : [ 13 March 2009 ]


Hi, need some clarification from the sifus using KNM's announcement above:

1. For a dividend to be given to a KNM investor, does the investor have to hold on to the shares until
a) the end of 11 March 2009? Or is it
b) until the end of 10 March 2009? Or is it
c) until any point during 11 March 2009 (e.g. holding until noon then sold off) ?

2. What is the significance of the 'last date of lodgement'?


Not planning to offload my current KNM holdings, but just want to be clear so I know what kind of price movement to expect so I know when to time my buying this month.

My take is when the traders leave after taking the dividend, the stock price goes down, and that's when investors will buy in. So would be great if any seasoned investors can help me answer the above 2 questions

Awesome answer, very clear. Thanks

Crude breaks USD50. Good sign for KNM. Means less likelihood of cancellation of projects. Hope the price consolidates in this region.

I've already taken my profit, to play safe, with view to get back in once it corrects itself. KNM is a good company, make no mistake about that.

However, the uptrend has gone on for far too long in my opinion Not just at KNM, at KLCI and DJIA too.

*caveat emptor: Please make your own decision ar.. don't blame me if i'm wrong

This post has been edited by chilaxis: Apr 14 2009, 11:24 AM

Awesome performance by KNM today.
DJIA futures lower, oil price lower.... correction due?

I've moved out in the morning when it was 0.485
good move or not... have to wait till morning then know

i still love this counter and will wait to accumulate on dips, but if tomorrow fly away, i won't chase it liao.. and will be the first to congratulate u guys

Haha.. CKC, good to meet you. Please continue to share your insightful thoughts in this forum.

We are all supporters of KNM here. Me myself am a 28 year old computer games producer, part-time investor.

And yes, although sometimes we trade, ultimately we are investors in the company.

I share and agree with your fundamental analysis. But since the big bear that hit, i've lost my belief in the buy and hold strategy, and so my investment style will sometimes mix a bit of technical analysis to help retain profits.

Having said that, to me, reading and studying the company's annual and monthly financial reports and understanding the industry is still the key!

teewan: Is it possible to use stock assets to get that margin facility? Or must it be tangible assets like properties?

Umikosan, i think you're right. To me it's also going up too high too quickly, the retracement will come soon.
Now is either the time to hold or to sell, or to wait to buy when it dips.