Wednesday, December 22, 2010

KNM Group Berhad Update 2


Another good news from KNM, KNM bags RM2.1b UK energy contract

http://www.btimes.com.my/Current_News/BTIMES/articles/20101222000819/Article/

This project is expected to contribute positively to KNM Group's earnings for the financial years ending 31 December 2011, 2012, 2013 and 2014.

KNM revenue & profit on next 4yrs would be very attractive.

Observation from Chart:-

If able break up RM2.88 resistant with huge volume, it will be very attractive for KNM...

Next resistant would be RM3.04 & RM3.13

Let watch closely for entry opportunity...


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

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