KL Trader Investment Research Articles
KNM Group back in the spotlight?
KNM Group is definitely one of the hotly traded stock this week, with 154 mil. shares exchanging hands on Wednesday alone, more than the total traded volume for the whole of last week. The oil and gas services provider’s share price rocketed as much as 27.2% since last Wednesday, closing at RM0.655 yesterday.
International renewable energy projects
In an article on The Edge, KNM Group expects its overseas international renewable energy (RE) projects to contribute to its earnings by as early as the first quarter of financial year 2016. Currently, the group holds 72% stake in a biofuel plant in Thailand, which is expected to contribute 10% to the company’s net profit in FY2016. Its CEO Lee Swee Eng said that KNM will be getting eight years of incentives from the Thai government.
KNM’s order book
According to Lee, the group’s order book currently stood at RM4 bil. including its waste-to-energy Peterborough project in UK that has a total capacity of 80MW. He added that 20% of the order book comprises Malaysian jobs, but the company is looking at increasing the portion with downstream works from the Pengerang Integrated Complex.
Projects from Pengerang contributes as much as RM5 bil. to the company’s overall tender book that is valued around RM13 bil. to RM14 bil.
Source: Macquarie Research - 25 Jun 2015
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CS Tan
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Frank Soweto
I put a 'like' becoz General 'wolf' Lee is back on the spotlight with his double assaults 2 days ago but taking a small breather today with his latest KN-01 missiles - seems much better than the old soviet copied Taepo dong(key)LOL .
billions of tenders announcements again every time at every ANALysts meeting (0therwise how to keep those bravehearts loyal n attract new followers LOL)- probably the biggest among all ONG player in the world LOL
now successfully assaulted the Thais n maybe FINALLY will conquer The Brits-
after how many years - I oso lost count already hehe ) next year while continuously sniping at Bolihland's Pengerang for the excitement.
Modus operadi seems to be the same - announced some news together with billions of tenders,then goreng for a few days giving feast to the loyal bravehearts n also recruiting new followers and after sapuing enough will lay low followed by price retracing backwards n when prices 'low' enough will bring out the missiles again LOL - In between will throw some freebies like 'wrongs' with 'free' wallants (C coming soon? LOL )to keep those bravehearts motivated n giving them hope - never mind that they will contribute more of their $$$ to the regime.
but all hope is not lost if finally the Brits can be conquered then all the bravehearts can happily sing Finally by Cece peniston
https://www.youtube.com/watch?v=xk8mm1Qmt-Y
to celebrate the rise of the biggest renewable energy player in the world :) laughing all the way to the bank n live happily ever after LOL
2015-06-26 03:11