Sunday, May 25, 2008

KNM

Today 26/5/08 is last day trade for KNM which cum right of right issue of 1 for 4 at RM4.00.

The move of KNM is important after the ex date. If sustain at RM7 above, it may attract a lot of people purchase the right issue.

But, pls do not forget the sentiment market very bad.

I predict TDEX (0132) MRCB , lioncorp, Lsteel coming down in the morning stage. So, agressive buying in is not at this period of time.

June is a bad month for shares. most of the fund goto Euro championship. Careful!!!!!!!!

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