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K-ONE TECHNOLOGY BHDK-ONE TECHNOLOGY BHDK-ONE TECHNOLOGY BHD

K-ONE TECHNOLOGY BHD

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K1 trade ideas

(10 July 2020) K1 - Technical AnalysisTechnical Analysis with current price @ 0.425 (10 Jul 2020) -Legend- Support Line - Green line (dotted and solid) Resistance Line - Red line (dotted and solid) Downtrend Line - Orange Arrow Line Dotted Uptrend Line - Blue Arrow Line Dotted As observe in the chart, K1 is still in uptrend, confirmed by the Uptrend line. However, it is also showing that downtrend has started and can be seen through the Downtrend line. However, the Uptrend line has not been broken yet, thus we can expect a pull back might occur at the range of 0.405 - 0.425. If the trend keeps it bearish power and breaks the 0.405 support, a follow through downtrend may occur until a reversal at which is expected to happen at its next Support Line at 0.355.
MYX:K1Short
by FalcaoKacibom
1
K1: Second/third global COVID-19 wave and company's developmentNow we will take a look at its mother share K-One Tech. Fundamentally, the company is in state of - Market Cap: 222m - Last traded price: 0.305 - EPS: 0.85 (undervalue) - ROE: 5.28 (not so good) - NTA: 0.161 (overvalue but still okay) - PE Ratio: 35.88 (not so good) - Financially: since 2018, the company is in positive net profit. Financial strength: I found a few interesting fact on K-One 1) The company has a significant amount of cash pile to date. This has enable the company to pivot their business at any time needed and able to sustain good cashflow especially during crisis (i.e. COVID-19) 2) Based on their quarter report, I noticed that the Cloud profitability has increased from time to time. With the recent news, it will obviously gets better. While on manufacturing, it is mostly dominated by healthcare source i.e. nasal swabs and ventilator. The question is, how long can the source from healthcare sustain? We dont know.. but one thing for sure, cloud technology will be there to also support its financial performance. Let's look at the current news on K-One Tech: 1) January 2019: K-One secures manufacturing agreement with US-based dental flosser. Long story short, opportunity of RM10 mil sales every year. 2) April 2019: K-One looking to the cloud for a pot of gold . K-One Technology Bhd is banking on its newly-acquired cloud computing business (G-Asia Pacific) to shore up its financial performance. Since then, we see a mixture of profit generation from both manufacturing and cloud computing. That's good. 3) April 2020:K-One ventures into ventilator production amid Covid-19 pandemic. The stocks rally like crazy. 4) May 2020: K-One ventures into nasal swab 3D manufacturing for COVID-19 screening. Of course, like any other healthcare sector counter, the rally. 5) May 2020: K-One sets up Singaporean cloud computing unit. 6) June 2020: K1 was selected by NASA as Selected 8 US manufacturers to make new COVID-19 ventilator. To the moon! - US is currently at the risk of second wave of COVID-19 following Beijing which has re-imposed quarantine due to the emerging number of daily case. After a good pullback, maybe its time to move up again?
MYX:K1Long
by mahsyarsaid
1
K1 - What's Next ? Possible Extension Move Beyond Previous High Opportunity and Risk DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously. PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
MYX:K1Long
by DrArifMokhtar