KNM

If we talk about the trading volume, KNM always become the 1st or 2nd in KLSE, all the time you can see that her volume is high enough to scare you.. hehe.. It is a good sign for swing trade especially in this bear market lol... 起得快，跌得也快。。

Ok, let see KNM got how much 斤两。。 what this company doing now is to design, manufacture & assembling the equipment that is needed for oil and gas sectors. talk about this for sure it is highly influence by the crude oil price lol... (Sectors analysis still not reach home yet, roughly KNM should be involve in the oil and gas sectors, pai seh :P), and from her volume record, it definitely is a counter that suka di goreng by all those 炒家 out there...

Back to the FA point of view for KNM. For the pass results, her revenue increased every year since 2004 and it always increase more then 50% each year and start to slow down from 2006 to 2007. In terms of EPS, it also keep on growing by 1 times up compared to every previous year (but also slow down from 2006 to 2007), RoE always >15% from 2004 onward.

If look at latest Q report (Q3 08), the gearing is high and up to 1.02 due to 1656M of current liability, this consider very risky especially in this kind of sick market. Other then this nothing much special that we can see from the Q report.

For KNM, it is not a FA counter due to her high gearing, but any how it is good for swing trade due to the high volume and the sector that they are working on. I would say for KNM, we still can made profit by hit and run, agree? i have few lots on hand and i had miss out the good time to let go at last month due to greedy, hope that this time i can catch the chance and let go, soon or later buy bc at lower prices, my AP = 0.44, TP = o.50 (13%) and will buy back at any <0.42, if the price still heading south, i'll hold and wait for the Q4 report announcement.