K1 - BODEP : 305/310 CL : 290 S : 300 R1 : 340 R2: 370 TP : 365 Number of Share: 728.94m Sector : Technology #notbuycall by zubairmalikUpdated 5
The uptrend is strong.K1 is the one of company that monitor their cash flow really good. I seen a lots of companies are getting tough and some of them fired a lot of staff in order to sustain the cash flow. The trend has been pullback for a while, from my view is buy back signal is there but still need to confirm till next week. The better is, wait until early next month. Depend on your trading style and your equity. If you'r in doubt place the buy position early next week, or put you order for early next month. Longby SL-TradesUpdated 7
K1 - healthcare and technology sectoral play combinedI posted about K1 earlier last month before the rally began. We had a good profit since then. Can it sustain further? Now 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. Chart wise, still uptrend with good pullback just nice at the support level. Probably good time to buy and ride the trend. To summarize, FA not so good, but i like how K-One being able to utilise their cash pile to sustain its business especially during crisis. When crisis is done, the only way is up with its cloud technology. :) Longby mahsyarsaidUpdated 447
K 1BOD 1 Jun R2 0.390 R1 0.340 EP 0.305 S 0.295 CL 0.280 Sector: Technology Shared: 728M Shortby acaiaziz3
K-ONE TECHNOLOGY BHD: POTENTIAL TRIANGLE BREAKOUTK1 is on quiet long consolidation period. From the chart we can see it is still on the uptrend pattern. I think based on the oscillator and symmetrical triangle pattern, it can surpasses higher resistance level @ 0.360/0.390 in the next day forward. As a safe trading strategy I suggest to buy only on pullback of the trendline level @0.295/ breakout of the resistance level @0.360.Longby Zimy228
K1 - Super Conservative TP for EW & WyckoffWith K1 announcing involvement into the Covid 19 venture, this share sparks a sudden surge after it has been in sideways for so long. Therefore, we decided to conjure up the possible markup should this share deserves the attention it needs. Albeit a different take on the starting point on the W1, achieving the target is in conjunction with the previous resistance line. Chart was drawn on 11th May 2020, right after the bursa announcement on 10th May 2020 evening.by Wyckoffian3368
After Health Care, Technology is Coming !!K-One Technology Bhd's 60.0%-owned unit, G-AsiaPacific Sdn Bhd (G-AsiaMalaysia), is setting up a company inSingapore to provide cloud computingservices. It will provide cloud technology, including infrastructure as a service (IAAS), platform as a service (PAAS),cloud consultancy and design, software and mobile application development and cloud management related services. (The Edge) TP 0.38 (maintain) MACD : Bulish Stock: Neutral RSI : Neutral FA > TALongby mnmk19873
Going fly high Covid 19 CounterK1 will fly high except need to coution with RSI , however FA new is greater than TA, K1 got approval of manufacturing Covid 19 Swab. TP: 0.380Longby mnmk1987Updated 5
Buy on Breakout Downtrend Line K1K1 approaching nearest resistance. With great momentum we flyyyy.by izadraja1
{SWC}—— K1, Who Is Number 1? Thank you for your continued support :) Strategy: Bollinger Band Strategy Bias: Bullish. Prominent volume kicked in today and breakout the box consolidation zone at the price of 0.215. With the surge of price with significant volume, there was a bollinger band breakout observed. With the widening of bollinger band, SWC believes there will be a positive movement in near term if the momentum sustained. R: 0.230, 0.240 S: 0.210 If you find this idea helpful, do not hesitate to drop us a like and comment! Happy trading! :) Longby ShareWorldConsultingUpdated 11
<TradeVSA> Pullback with Consolidation Counters!Strength in the chart: 1. Mark-up stage in the background 2. Strength with pentagon Counters: 1. NTPM 2. UWC 3. Velesto 4. K-One Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stockLong04:06by MartinTFWong8
K1 SIDEWAY(UNDER MONITOR)1.VOLUME IS INCREASING 2. FIBO RETRACE, WAIT FOR STRONG RE-BOUNCE 3. WAIT FOR MACD CROSS AGAIN FOR STRONG BULLISH MOMENTUM by drnukerz1586
k1downtrend broken with created higher high, fall back to demand zone, worth to take risk by Albert_82
(0111) Malaysia Stock: K-One Technology Bhd. Monitor For BreakTrading plan: Buy at Breakout (RM0.255) TP: RM0.290, RM0.335 Stop-loss: RM0.215Longby ilovewmlUpdated 0
Distribution or Re-accumulation - K-One & RevenueStrength / Weakness in the chart: 1. Revenue a. Forming downtrend b. Below major support c. To test Spring bar soon 2. K-One a. Forming re-accumulation b. A shakeout with low volume Send us your preference stock to review based on TradeVSA chart by comment at below. Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stockEducation03:19by MartinTFWong4