WHY NOT BUY KNM?

[KNM] WHY NOT BUY KNM?

That fella wants to buy the company at 90c

Now it's trading at 82c cheaper by 8c which is nearly 10%

It's so good in value!

Further more I think the Board is going to reject and the offer will be raise to Rm 1.20 or 1.50

My 2 cents. Anybody got any idea to contribute?

by reaz 5-Feb-2010 11:17 AM reply

What if the deal not materialised. I remember that fella mentioned abt going private somewhere end of 2008 when the price was around 40 sen.

by Avatar 6-Feb-2010 12:09 AM reply

Risk will always be there.

We take risk all the time. Set a stop loss level.

Gudluck

by reaz 6-Feb-2010 10:57 PM reply

By Technical Analysis, volume has rose as the price close higher. This will boost the price will go up more to the takeover price. Besides, MACD also shows the signal to buy whereby there is crossover of blue line on pink line.

by sanhafiz 7-Feb-2010 12:30 PM reply

Then why KNM was down to 0.790 today?

by Avatar 8-Feb-2010 11:19 AM reply

Good spot ! Further discount

by reaz 8-Feb-2010 8:57 PM reply

Yeah. I support it. When people sell we buy. The syndicate also wait at this moment to buy at cheap price, then lock the gain when the right price come.

by sanhafiz 9-Feb-2010 9:27 AM reply

KNM will gain up again tomorrow after lower opening in the morning and lower close yesterday.

by sanhafiz 9-Feb-2010 4:55 PM reply

More discount will come out for this coming chinese new year. People mostly chinese will start sell today to take out the money for the celebration. The price will end lower this week.

by sanhafiz 10-Feb-2010 2:52 PM reply

Discussion

Title

Category

[KNM] WHY NOT BUY KNM?