Godofgambler Bearish..No fundamental? With Borsig and Ethanol plant no fundamental? I think your mental got problem.

Where are the profits? The last 3 years are just losses and that is in good economic conditions. It took almost 10 years to get the ethanol plant working. Welcome to the financial corona apocalypse. A few quarters of KNM creative accounting does not make it better. Ethanol dropped 20% and is falling. do you think the feedstock casava growers will discount in time? Borsig is supporting the entire KNM mess outside of the group. without it PN17 is my guess. Can borsig make enough money to keep paying for the LSE pipe dream? Again, not likely. see the last 3 years' performance. See the company history. it speaks volumes. Again, buy below .07 is interesting to us.

There are just no fundimentals to support this penny stock but good faith. you can BS people after we buy it at bottom.

Sardin81, never ceases to amaze me with the amount of pure crap you are preaching. it is non-sense that people did not get out when it started dropping and simply buy back at the bottom under .07. Any other advice you have given historically shows you just want people to lose money. That what people who listen to your non-sense did. Loose big time. The only interest in this stock is when it hits bottom sub .07. then it can only go up. for now, down, down more just as everyone here has told you and just as it has done. more down to come! please stop with the useless propaganda.

Sardin81, yes, anyone with half a brain knows where the price is going and sells short. there is no hope to have this counter rise any time soon. You are apparently the only one who can't see that. and keep advising people badly. nobody is attacking, they are making money just like others do when the price goes up. We are not at war fool. there is no difference between buying and selling short or otherwise. this is dropping because nobody wants the stock and they can't get rid of it fast enough. it is overvalued at the moment. everyone will likely buy at below .07. the rest is day traders looking to make a few pennies off your propaganda promotions from unsuspecting newbies. Do you see any institutional investors here any more? No way. this is a penny stock that can collapse at any time. EPF is long gone.

KNM is dropping because of very poor fundimentals, historical losses, poor management, bad performance in project execution, current market conditions, and the global pandemic. not because of your rantings.

Hi Sardin81, as usual, you are full of crap. I have never told a single person in my entire life to buy KNM at any price. I have clearly only stated it is a buy for us at sub .07. So just stop making false propaganda. It is very easy for people to click on my name and see what I have to say about you and your bogus promotions. As far as Idss goes, itis irrelevant and has nothing to do with the value of the shares. If KNM did not want to do its own short selling. it would disable the ability to do it. iso it is apparently in the best interest of the leadership of KNM to allow short selling. so talk to your bosses and not us about your silly claims about short selling. not9ing you put up here is anything but statics you twist to push the KNM agenda. now .12, we all know what is coming.. You need new material, copy-pasting what you repeat every day in this apparent full-time job you have of twisting the truth from yesterday's copy-paste very transparent. There is only 2 people who say to buy all the time. that is you and your buddy BSNG. you fool nobody.

Good Morning Sardin81 and ngs98, I look forward to your ridiculous KNM propaganda and mid-day entertainment. it is a pleasure to watch you abuse people's opinions and your random name-calling of those who can read past your rantings. These stories of how short-sellers (IDSS) are the reason the stock price drops is all utter nonsense. Short Selling is a normal trading practice that affects the market in the same way normal trading does. Some people buy some people to sell. the price when not being manipulated by either you and your false propaganda machine or market makers shuffling things around determines itself as all other stocks do. your glorious story of grand conspiracies of IDSS does not make up for those who bought at 0.40 and now see wrong you have always advised people. You are not legally qualified to advise people to buy or sell stock and should stop helping people lose investments. Where is your license? Yes,I agree on a buy at .07, but no higher. Anybody notice there are no more institutional investors? Wonder why? Fundamentals speak for themselves.

Good afternoon sardin81, still promoting the unofficial forward looking projections of the KNM future I see. How much do they pay you? haha

Well, clearly KNM is trying to hold up the stock price by purchasing it as it drops creating a temporary false bottom. They don't have enough cash to keep it up for very long. it will be a good buy under .07. let's just wait until KNM is out of room in the treasury so the value will equal its actual worth.

I think if I was still holding a lot of this counter I would hedge my position. maybe sell for now and when or if KNM comes backup have a standing order to buy at the same place I came out. it might costs fees, but it is better than more downside explore. Fundamentals are just not here. I think there are too many questions unanswered for a price above .07 at this point. We will see what the market does next. let's hope for the best.

Yes, I do know how it works and the byproducts of the WTE process. when you say Paid, it needs a quantum. Let me help you with the basics taken from KNM materials about the project. There is a tipping fee for waste disposal of around GBP91/ton and the wholesale price for power is about GBP44/MWH for revenues. Maybe you can get GBP1M for carbon per year on top. If KNM can come up online successfully and run at 80% capacity for 1 year they should have revenues of GBP24M in tipping fees, GBP300K for power and GBP1M for other recovered waste. That is about GBP25.5M (RM141M) in total revenues before costs and maintenance per year.

Labor costs are a factor in the UK which runs about 50K per worker per year plus benefits of 30% or GBP65k. So if KNM starts Phase 1 with half the workers it promised to the local UK council, they will have around 70 workers costing 65K per year which is GBP4.55M in labor costs. Interest costs to service a GBP360M loan at a low rate of only 4% is GBP14.4M per year. So interest plus labor should run $19M per year which leaves about GBP6.5M to pay for maintenance, interest, taxes, insurance, and administrative overheads. How does this project pay its cost to build, debt service and other costs and survive? How does it contribute to the bottom line as you claim it will? I would be very interested in these questions being answered by management at the next annual meeting of shareholders.

Unless you can turn that trash into about 18 grams of gold per ton, they won't be paying the bills from the revenues of operations as LSE stated in the interview. If they can, then they can make a new TV show called Gold Rush KNM!

Sardin81, please buy a calculator. KNM's cash position is clearly stated each quarter in the financial statement. Show us all how you take such a ridiculous position that KNM can somehow fund the construction costs of 346M British pounds (Today that is RM2,412,087,378), yes 2.4B and somehow pay with all KNM cash reserves used for daily operations of only RM343,000,000? Get real! you really are not qualified to talk about what KNM can or can not do and should not be making such incompetent comments to investors.

Here is information from a KNM presentation about the project posted online:

EnergyPark Investments Limited (EPIL) is developing an 79 MWe gross capacity energy from biomass project in Peterborough, Peterborough is located 75 miles directly north of London UK in the county of Cambridgeshire. The energypark will consist of a two three-storey (17m) main buildings each housing a segregated biomass waste receiving hall, combustion chamber, power generation unit and plasma treatment unit. The facility will consume 332,000 tonnes per year for Phase 1 and 425,000 tonnes per year for Phase 2 of segregated waste biomass

332,000 tons in phase 1. so two years running at full capacity gives a potential of 664,000 tons of waste processed in the plant. you need to pay 1.9B plus intertest of what 5% for 5 years? let's conservatively estimate it as 25% and not compound it for simplicity of estimates and over the project value over the 5 years?. so you need to pay 2.375B. 2.375 billion divided into 664,000 tons is RM3,576.80 / ton you have to make as a profit for each ton produced. Does anybody think KNM can make RM3,576.80/ton and run the plant at 100% capacity for 2 years and pay back the 1.9B plus interest? We are talking about burning trash by the ton with plasma and converting it into electricity. I just don't see how this will work. Also, I don't see how KNM can afford to service more debt when it only makes less than 40M per year. I invite and expert to show us all how I am wrong and how this is going to happen just as LSE said it would.

ngs98 MacDee34 so why should we then listen to your propaganda and your personal agenda!!??Works both ways since you are so insistent on criticising Sardin when all he is doing is telling people what he thinks. But you want people to listen to what you think-what makes you the Guru on KNM here!???

Please don't try and tell people what you think I am thinking or what you think my agenda is here. Your conclusions are all wrong. I am a simple investor with unanswered questions. frankly, you don't have to listen to me at all. I am quite happy to have you mute me. take Sardin81 offline and I won't have anything to say about false propaganda being promoted. BTW - please tell us how you will pay the 1.9B, I am dying to know this official story. Do you have projections for the first 2 years running of Peterborough WTE project when the payment becomes due to China Western Power Industrial Co Ltd (CWPI)? How will you run the plant on time? Do you have a contingency plan should the plant fail to operate properly or on time to save the day like Empress Ethanol which took 8 years to complete?

Super_newbie, yes he has ignored that one several times. Sardin81, please tell me how KNM will pay that off 1.9B in 2 years of running the first phase of the Peterborough WTE project? I am dying to hear this one. Debt? Operations of the plant assuming LSE can figure out how it actually works on time? It is not going to come from the 37.4M profit made in 2019 during the good times! Please tell us how you see it Sardin81?

bsng, Please read my previous posts, same goals as last year when you hit below .10. I think it is clear why I am here. We are approaching quickly a buy time for KNM shares again. So interests are up, that being said, I can't stand listening to your false propaganda machine while I monitor the prices and material data. people may actually make decisions based on false conclusions and projections from Sardin81. Investors should do there own homework before making investment decisions and not listen to promoters with personal agenda. Don't you agree?

Simple, if oil prices drop as they have, they (the oil industry) have 30% fewer revenues. Common sense. With a drop in revenues of 30%, it is 30% less money that won't be spent in the supply chain which is the service industry. That means less business and revenues. It also means reduced production in high costs resources and exploration. For the oil n gas industry, this may well be 2008 all over again. Management buying stock and KNM buybacks to prop up the market prices for a short period of time is not sustainable and drains the company of needed cash and resources. It is a short term fix for the price and long term damage to the company and its future resources needed for survival. They (KNM) are best served by paying down debts than buying a stock that is dropping fast. What part don't you understand?

Again Sardine81, KNM’s quarterly financial statements show the facts. The company made RM14.6M+6.5M+7.2M+9.1M = 37.4M on revenues of about 1.65B showing they make about 2% margins in good times. In 2018 they lost RM785M over revenues of 1.43B. Just how do you do that? It means they took in 1.43B and spent 2.2B to do the work. That is a negative margin of (55%). That is for the entire year average over all the booked works combined. How do you expect KNM to pay RM1.9B to China Western Power Industrial Co Ltd (CWPI) in two years with only RM37.4M in recent annual profits? Do you think they are strong enough to borrow RM1.9B more? Did you notice the Contingent liability in the financial statement that is not included in these numbers? That is RM600M plus that can hit the cash flows at any time. Where will they get that cash? Borrow more? It won’t come from 37.4M a year in profits. Please tell us all how KNM is a safe place to bet based on the propaganda you are pumping? I recommend that everyone look this up yourself on the public filings and be educated before you move into any risky investments. You must be educated of the facts and not the propaganda.

Sardin81, please stop speculating about everything. Now you speculate that we are short selling. that is your excuse for the share price falling as well, again more propaganda. it is dropping because of the KNM performance, market sentiment and the changes in the industry. Same as all other stocks when they go up and down, Enough with the nonsense about IDSS and short selling. Just face the facts and truth about what is happening in the market and KNM's historical and current performances.

@ sardin81, the share price (I Believe) is dropping because of KNM's past and current performance and the new market conditions. It has been a trend starting before the drop in oil prices. I make no other wild speculation or claim. I also make clean observations of the facts that are contrary to your propaganda using the official information provided appropriately by KNM itself. You should do the same thing. This is not a safe buy at .15 no matter how you want to spin it. Frankly, I don't think you are qualified to tell or advise people what a safe investment is.

Unlike you Sardin81, I don't want to influence anybody to buy or sell shares like you are. I want people to know the difference between propaganda you push and the true data and facts. People need to evaluate what they want to do based on real data and not just the crap your makeup and throw at people. If we followed your advice, there would be no more shares left to trade and we would own them all regardless of the companies performance and capabilities. you are simply unrealistic. you should not be telling people to buy or sell shares. just showing real data and information for people to discuss. nobody should. market manipulation should not be tolerated here or in any forum. I have debunked just about 100% of the crap you have pushed here by looking it up on KNM's website and financial statements. When is enough for you?

Not true Sardin81. making statements to the public in any way that is knowingly inaccurate is illegal for a company director. it is punishable by law. so let's stop saying things like this unless you have proof. Being rich as you call it is not a free pass to lie to the public for anybody. I am sure KNM and its directors take special care in public announcements and disclosures to represent the facts and have not purposely manipulated the public as you have stated above. if you have such evidence you should report it immediately to the SC. so please stop with the nonsense, false propaganda and your own endless premonitions of KNM grandeur.

@sardin81 you stated above "In the interview General Lee is just being modest, that time he was still collecting KNM shares he dont want it to go up too fast also. Potential of KNM is very much larger than what he tell in his interview." Are you implying you have inside knowledge that LSE (a director of KNM) misrepresented or manipulated the public and shareholders so he could buy shares cheaply? I really don't think LSE would be so stupid to do that. You should be more careful about what you say. You really have to stop pumping so much non-sense into the market.

Yeah, this guy must be on someone's payroll to spend all this time making all this non-sense and noise. I don't think many people actually believe a word he says.

sardin81 MacDee34 why are you so worried that if KNM won't drop today? why every day you must see KNM drop ? is it you also take a position in short selling?

I am not worried at all, never said or indicated anything you just stated above. Why are you such an angry person about this stock? I am watching to buy as I stated earlier? Don't make up false propaganda about my words or intentions. people can read clearly my words without your twisting and false misrepresentations. Although if I was trading in KNM at this point it would be a short sale, I don't think there is any chance it will go up even with the claimed management and major shareholder buyback ongoing. they will run out of money soon and it will drop more. We feel this is not a safe stock to buy until it drops below its liquidation value to shareholders.

Sardin81, if you somehow believe that KNM will not suffer from the 30% drop in oil prices, then more power to you. but don't expect other educated people to believe you. I think the facts are clear on this issue. buy up all you want. I wish you the best of returns. For the rest of you, check the historical data in 2008 and compare it to KNM stock prices. in fact, don't look at KNM, look at other successful companies like KNM that make profits consistently in the Oil n Gas service sector and see what happened and what is happening. But buy when your numbers tell you to buy based on the real data, not projections that are self-serving by those who make them to influence you or twist data to lead you to believe otherwise. Companies that are over-leveraged in debts rarely ever change. they service the debt until they cant.

The market cap today is just under 400M. that is about 11X its profits(37.4M). the value of its assets are very sketchy and not clearly defined and I think very hard to liquidate compared to most companies. maybe 15% Asset liquidation value? The debts are exact along with the costs of debts in the balance sheet. but the aged assets are someones educated guess work. Who's I dont know. very hard to say. I will wait for the market cap to get to about 200M or about 6X before I consider it a buy again for us. Lets see what the contigent liabilities and notes say when they release the next annual report. how much more borrowings? All these lenders are in front of the line ahead of equity. Is there actually enough assets left over after a sale of the compay assets to pay first lenders, then creditors plus administrative expenses? If so, how much will be left to distribute to shareholders. That is how we need to look at companies like this one. The real numbers, the real data. not future plan and ideas. Why @Sardin81 are you pumping this stock when it is dropping like a rock and the industry is making a major correction that clearly affects KNM and its current business model? Let people figure out things by themselves from the public data available. not false propiganda.

@Sardin81, when you quote me, use the entire discussion so you wont take it out of context for people. 30% is the revenue loss to the oil n gas revenues of the industry. not of KNM. I suspect it will be much more than that when this revenue loss moves down stream to process equipment and energy revenues of KNM. I never predicted what loss to KNM's future revenues are because I dont know. only the future will tell. So dont keep making fake news and fake quotes. people can readon this forum and see for themselves.

Sardine81, KNM’s quarterly financial statements show the facts. The company made RM14.6M+6.5M+7.2M+9.1M = 37.4M on revenues of about 1.65B showing they make about 2% margins in good times. In 2018 they lost RM785M over revenues of 1.43B. Just how do you do that? It means they took in 1.43B and spent 2.2B to do the work. That is a negative margin of (55%). That is for the entire year average over all the booked works combined. How do you expect KNM to pay RM1.9B to China Western Power Industrial Co Ltd (CWPI) in two years with only RM37.4M in recent annual profits? Do you think they are strong enough to borrow RM1.9B more? Did you notice the Contingent liability in the financial statement that is not included in these numbers? That is RM600M plus that can hit the cash flows at any time. Where will they get that cash? Borrow more? It won’t come from 37.4M a year in profits. Please tell us all how KNM is a safe place to bet based on the propaganda you are pumping? I recommend that everyone look this up yourself on the public filings and be educated before you move into any risky investments. You must be educated of the facts and not the propaganda.

The truth is that this forum has so much false propiganda so obviously not supported by the facts in public record that it is a joke. people should look up the data themselves and not listen to anybody here pumping or dumping the stock to satisfy personal interest.

A lot of fluff and potential this and that that never ends from the same people. Why I am back on here yet again? Eventually, the price will again fall below the value I would receive should KNM go PN-17 or into liquidation. When it does like most intelligent investors, we buy. If it goes PN-17, we make money, if it goes up above that we make money. Isn't that what you are doing?

@sardin81 the Peterborough WTE plant is a KNM internal project, you should do your Due Diligence on this project. The could not finance it for many years. Finally, China Western Power Industrial Co Ltd (CWPI) agreed to build it for them and self-finance the project for KNM. It was a surprising accomplishment given the financial conditions of KNM. the repayment requirements are what is important here. I quote LSE: "The funding by CWPI will [be] payable by KNM in five years under a deferred payment scheme," said Lee. "Phase 1 will be completed in three years, giving us two years of operations beforehand," he added." That means KNM Group will have only 2 years to pay the loan of 1.9 billion ringgit plus interest and cost overruns from a new plant operating for at most 2 years using a KNM inexperienced team to manage it. Just like Empress Ethanol which was in the big scheme of things a disaster that was awarded in 2010 with a completion date of July 2011. Instead of an 18-month turn-key project, it turned into an 8-year disaster that only began limited production recently. What project has KNM done on time or correctly? What makes you think that this one will be different? What I see is China Western Power Industrial Co Ltd (CWPI) owns the project by default at the end of the 5 years. So I don't see this as any help to the future of KNM. It is definitely not a future cash cow.

Simple, if oil prices drop as they have, they have 30% fewer revenues. Common sense. with a drop in revenues of 30%, it is 30% less money that won't be spent in the supply chain which is the service industry. That means less business and revenues. It also means reduced production in high costs resources. For the oil n gas industry, this may well be 2008 all over again. Management buying stock and KNM buybacks to prop up the market prices for a short period of time is not sustainable and drains the company of needed cash and resources. It is a short term fix for the price and long term damage to the company and its future resources needed for survival. they are best served by paying down debts than buying a stock that is dropping fast.. What part don't you understand?

@ Sardin81, Borsig is not a steel producer. They pay the same price as everyone else mostly sourcing from China and Korea. Two places struck by CONV19 that will cause a significant increase in cost for both raw materials and transportation.

Cash Cow? I don't think you have looked at the financial statement. Most of the cash is in Germany controlled by the debt facilities and not available for General KNM Use. The Profit and Loss statement does not say cash cow at all, it say barely surviving when the markets are good 6 months ago. What will it say in 6 months when it shows what has happened today? Don't mislead people to think that because Borsig has Euros (changed to RM) in the bank to pay its loans that it is free capital available to LSE to use in the KNM Group. It looks to me like KNM is behind on supplier payments, and they have less than a month running costs available in cash. but that is just what the financials seem to indicate. Maybe you have other info we are not privy to?

@sardin81 I think you answered your own question. We like opportunity buys, KNM is an opportunity to buy at times. We all hope for a good return. We all use most of the same indicators as well. they all tell a story. move to safe investments. Ethanol, not safe, Oil n Gas Service industry, not safe. Energy Service companies, not safe. They likely will continue down on the path they are on now. This is more than just KNM or others in this sector. There are no units of KNM that are bulletproof against oil prices. This is about OPEC that can no longer control US oil prices. The US is a net exporter of oil now and the Russians and Saudi can no longer hold back production. they need cash and they have low-cost production they can use to get it. Things, as we know it, are going to change in the energy business. it has been a long time coming and trump is going to push it faster every day as it benefits the US and the USD.

We are looking at a short term (a few months) of volatility in the global markets. They will stabilize again at some point and we can reevaluate. Malaysia will follow whatever is happening in the big markets and suffer with them. Malaysia is an oil-producing country that just lost 30% of its revenues, this will cause suffering in all sectors. it is just a fact. It is not just about KNM and its history not performing or the massive debt load they carry. It is not about IDSS or future projections, none of that matters. it is about historical performance and current market conditions along with the actual financial position of the company. We got out of KNM above .25 and will look to get back in if they make it through this period and drop below .07. it will get ugly. @sardin81, Ethanol prices are about 85% of the price of equivalent energy which is based on gas oil prices. So expect Ethanol to crash along with Gas Oil prices as the new costs drives downstream in the wholesale market. They sell in the Thai market which is very sensitive to gas oil prices and consumer costs. So Ethanol and Gas oil will respond the same, crash 30%

@sardin81, advising people to buy this stock because of LSE and his management team are buying is not good advice. people invest money in performance and market conditions. Clearly the latest turn of events is a massive blow to KNM Group including all of the subunits of the company. People buy stock in companies that can perform, this company has a long track record of loosing and with the oil companies losing 30% of the revenues they planned on having, it is clear that KNM is going to lose big now and in the future. They don't even have any large projects they are working on these days and legally disputed with big firms like Lukoil. how is it you think these guys have even a glimmer of a chance of surviving this clear global depression we are entering? Now is a time to be conservative. hold on to safe positions and get rid of risky positions. think ahead at the results of these changes and have a vision for the outcome. Take the risk money and put it where growth will occur. The global sell-off is just that, people moving money to safe places while we see what happens. KNM is not a safe place.

The drop in oil prices like this is a major blow to the process equipment industry, not just KNM. Insiders all know what happens next. Immediately, exploration projects go on hold or are rescheduled years in the future. process equipment projects go on hold. Financing of these projects comes to a stop as lenders wonder how they will be paid. KNM is in the service industry for Oil N Gas. When Oil N Gas runs low on money, they stop or reduce services just like everybody else In a few weeks, without recovery of crude oil prices, retail prices will drop. in turn, ethanol prices will drop further making it unprofitable to process cassava into ethanol. Yet more loss-making prospects for a company that can hardly make a profit in the first place. I see no future here anymore. Renewable Energy is not a safe bet for money which is why it has hardly taken off all these years. Use common sense, not stories people talk in this forum. Do you think oil will go back up with OPEC unable to agree on anything? I don't think so. Dog eat Dog market for the near future. Russians and Saudi's need money badly. they will race to produce as much as they can sell.

this forum is funny. Sure we all like a bargain. fundamentals are the problem here. poor management of KNM. no matter how good the assets are, if the management team has a proven track record of failed projects over and over, it won't change. price bounces on speculation and market makers play. nothing more. by wise and you can profit, but get out fast. but this is a high-risk stock no matter how you look at it. Where are institutional investors? Long gone. EPF? long gone.

this is a BS forum. I posted info about this stock and all my comments were deleted. only the positive supporting propaganda supporting insiders is posted here. real info about what is really happening is censored. beware.