Gimme the link to ur bursa report la. I see together with you.

Why? Scared I find out again a bunch of stuff that you fabricate or misinterpret is it?

Referring to theedgemarket report, now can you at least admit that the RM100m pre-tax profit was from 2008 prior to oil price crash? It's not 2018 or 2020. It's 2008.

Just say yes. Very simple. Don't beat around the bush. Then we move on to the next topic.

===================================================
nedgeon RJ87, what nonsense are you talking about... it was not me saying BORSIG make RM100 million annually, it was your favorite theedgemarkets cleary said it, I just use that as a reference.

Here’s how you see ppl chickening out from their position.

“Lets go and see the annual reports with our own eyes and forget about theedgemarkets said... lets start with the latest...”

Earlier he wants to reference theedgemarket. Now he doesn’t.

Share the link. I go hv a look. Just in case, somebody sees thing with their knee can came back wrong interpretation again. =D

IN 2008 PRIOR TO THE OIL CRASH, it was pre-tax Rm100m annually.

Which part of “prior to the oil crash” you dont understand?

Even theedge hv to put there big big so that tak kena sue for misleading people. But this bonggok deliberately use RM100m annually forever.

wah ular. Please explain how you change FD? Last time deposit RM5. Now drop to RM2.3. So ular got special deal can convert RM5 deposit to RM2.3 deposit is it? U tell me which bank. I also want to change. But I don’t want change RM5 to RM2.3 la. I want to change RM2.3 to RM10 can? ahahhahahahhahha

Suka2 tukar die je. Apa jadi dengan RM5? Apa jadi dengan RM3.5?
==========================================
UlarSawa Renewing FD at higher interest pun tak faham kah. Ular only left 2 FD leh. Still dont understand lagi Ular can only say you all with Otak Cacing Jus lah. Simple Ingeris pun dont inderstand kah. Keep Renewing FD with higher interest rate meaning keep changing FD not keep adding FD lah. Takda baca buku punya kah. IQ very low one kah. Below 100 kah. Lagi tak faham Ular pun dunno how to explain lagi lah. Mana ada orang kira FD interest rate base on dividend only lah. FD interest rate base on how much you earn from capital gain plus dividend payout if ada mah. Faham kah. Why otak cannot think out of box kah. Die die cakap the moon is round one kah. Moon is Square one cannot kah. No wonder Otak cacing jus one lah. Correct?

The only one here beating around the bush is YOU who refuse to admit that RM100m pre tax is from 2008. And after 10 years, 2018, KNM as a whole accumulated RM800m losses. Yet, you deliberately ignore the 2008 PRIOR TO OIL PRICE CRASH.

Have some common sense la. Don't talk as if Borsig just appeared yesterday that everyone wants to hide. It has been there since 2008. Friggin 13 years la dude. And it has bled KNM for as long.

Media not talking about it's because such a big embarrassment for Malaysian corporation to have made such a bad investment. Only this Mr. Common Sense air it all over the place as bragging rights.

Now, let's see if Mr. Common Sense here has any common sense. After acquiring Borsig in 2008, for past 10 years, KNM share price goes up or down? And if it's not going up, does it not cross ur mind that Borsig ain't as good as you think? No? Not one bit.

Then maybe this Mr. Common Sense here doesn't hv much common sense. He is more like Mr. Full of SH#T.

The last part I agree. Maybe MAA has the balls to tell Borsig to reduce operational expenses. By the time operational expense improves, the price will jump. Like I say, nvr too late to buy then. That's the reason I take a small position for KIV.

Until then, nedgeon is Borsig b#tch. Everytime Borsig ask for money, nedgeon pay. If you don't wanna be anybody's b#tch, stay away. Wait when RJ87 gives greenlight that Tunku actually manages to do something to turn things around.

==========================================================
nedgeon : This fellow is still beating around the bush. Fact is still the same... it is all about BORSIG. if there is no BORSIG inside KNM, I doubt MAA will even want to buy 1 share in KNM. The Melewar group have so many engineers in their group of companies, they specifically put a German Engineer into KNM board, that is a clear sign that they knew about BORSIG and its German Engineering inside KNM and I am very sure that is what they are going after.

Let me tell you where you see things with ur knee...and think with your arse...
The rest le of the tahi lembu, fungus grown out from the tahi lembu.

Borsig — which was acquired for €350 million or RM1.67 billion IN 2008, PRIOR TO OIL PRICE CRASH — generates pre-tax profit of around RM100 million annually.

Answer this simple question. The RM100m annually is from 2008 or it's now? If you can't answer this simple question. There is no need to talk anything else. Maybe both your eye and brain grow in ur arse if you can't admit such a simple mistake that here is no RM100m anymore la. Which leads me to believe that you are INTENTIONALLY MISLEADING.

If it's the prior, then u know u made wrong decision because if you misunderstood simple English. Else, you get urself someone on the other side. It's true that you are full of SH#T. Deliberately lie and mislead.

=============================================================
nedgeon, pre-tax profit RM100 million annually... did you see that ? or you just cover your eyes to avoid looking at it and block your brain from functioning.

Ular punya FD RM5 rugi RM2.7. FD RM3.5 rugi RM1.20. FD RM2.30 mau rugi brp?

Ini FD apa ni? FD means RM5 = RM5. Won't become RM2.30 one la bonggok.


UlarSawa Ular rileks tunggu to renew FD at higher interest rate only leh. Work hard kah. In order to get higher the interest rate need to work so hard kah. Pakai otak lah. Ular lepaking and sharing only lah. Correct?

Hv to see objectively. This is also why i'm here to see if Tunku can do anything. If there are positive change in KNM's book. Then market will hv 2-3 quarters lag time to realize them. Buy when things actually change also not late. No rush to take position.

Some ppl keep saying change for the better for the better for past 10 years. No harm waiting few more years. *wink. hahahahhaha
------------------------------------------------------------------------------------------------------
Wealth honestly, I trust my money and knm shares in the hands of MAA boss tunku yaakob.

businessmen will always find ways to do business...and thats why they will always be rich and successful.

If u plan to hold long. From 2008 to 2018, u would hv lost 80-90% by now. Think again if KNM is a counter to hold for long. If you wanna go long, always choose dividend paying counter. At least while u wait, get dividend.

Oh wait? KNM has no money to pay dividend. They spend all the money to pay Borsig TOP German engineer. No money to pay sh#t. =D

I sold my 19.5sen position at 21.5sen. Now queuing back 19.5sen and 20sen.

Volatility will increase in next 3 weeks. There will be days market oversold and overbought. I'm here to exploit the volatility.

Use abit of brain la. Borsig was acquired in 2008. It's almost 14 years having Borsig "unlock" it's potential. What we see so far is price slide from RM3 to now 20sen. And you still say Borsig is the crown jewel. I don't know how good is borsig. I only know with borsig wiped of 90% of KNM's market cap last 10 years. I don't foresee next 10 years will do any better.

From this kinda drop, it's more like Borsig is a curse. So bad that I can't tell if nedgeon is being sarcastic that Borsig is the crown jewel of KNM. Ahahhahhaa

Monyet sense! That's 2008 when they buy Borsig la.
2018 book still got that RM100M annually? 2018 got RM800m lost la.

We are not in 2008 la. We are in 2021 going 2022 la. Apa kebodohan ini? U gonna use that RM100m profit when they buy borsig 2008 until 2080 is it? Still dare come talk about common sense.

Only bodoh can't tell what year is this. The top engineers in Borsig in 2008 also retire already la sorzai.

The bunch tahi lembu u wrote has nothing to do with Borsig. U think bodoh like you don't exist in German is it?

As long as German tahi good here good there. Revenue billion2, but profit sekeciput, price will stay sekiciput. Now only question to ask is if Tunku can tell Borsig to reduce operational expenses by 33%. Then u will see KNM price shoot up by 300%.

At the moment, KNM investors are Borsigs b#tch. Borsig say increase operational expenses by 25% to pay top German Engineer, Nedgeon will go subscribe the RI. When the "top" german engineers are late to deliver a project, Nedgeon will pay the penalty and extra finance charges.

You really too blind to know that it's really bodoh to be in this position aren't you? Too invested. Lost too much money. People who are bodoh the first time, till death will defend position out of pride. So new investors, u know what i'm talking about.

U go see glove, bodoh already lo. Now die also say COVID will comeback. Like how nedgeon keep referencing 2008 pre tax profit. See the similarity? See the same kebodohan?

"Borsig — which was acquired for €350 million or RM1.67 billion in 2008, prior to the oil price crash — generates pre-tax profit of around RM100 million annually."

Given the same common sense. KNM is nothing without Borsig. Which also means when borsig say "s*ck my t*ts!" What can KNM do? Everyone who invest in KNM are Borsig's b*tch.

Common sense will tell you that nedgeon is the biggest b*tch.
------------------------------------------------------------------------------------
Now we talk about common sense. Is there anything special in KNM without BORSIG ? If you can, share it with everyone here.

Puny shark just whack 3million shares 5 mins ago.

3B outstanding shares and hungry for my 500K shares. Your shark must be a puny shark that it will be blown out of water when I fart is it?

———————————————————-
Woodswater disclose personal holding is exposed ourselves into danger which attracting shark' attention .

likely intentions to grab low once sharks r hunger for ur holding will press further down prices

nice move to reveal during this period if Next week uptrend !

i like ur intention as i wish to buy @ 17 c or lower

wakakakaka

Answer simple question. Since KNM has no capability like borsig AT ALL, isnt it safe for me to say KNM has no cost control over borsig operational expenses?

If there is no cost control, wouldnt it mean if borsig need 500m, KNM hv to cough that money out.
And if borsig decide to hire nedgeon for RM5m a month to promote borsig, what can KNM do but to pay?

Why do you think there billions in revenue but no profit but there is little profit. Use abit common sense where do you think the money went?

Like i say…nothing to hide mar happily share lo…
Alot to hide mar become personal choice lo… hahaha

U also can tell who is full of crap and who doesnt.

Only a kid will call others a kid. And only a grown up will appreciate the privilege of being a kid.

If you are an old man, stay far far away. You don't have many 10 years to throws.
But me as a kid, I hv PLENTY. =P that's why i'm here.


Nch21396 Crazy fellow !!! Whose kid is dat ya???
05/11/2021 11:48 PM

I'm pointing out that you can't share your holding online here is complete bullsh#t. I showed you how, and now you shift the focus to not interested to show. So, it's fair for me to call u bullsh#tter if you don't hold up ur end. If it's real or not is beside the point.

You and him have different problem. And you and me have simple problem. If you entered at 50sen, it discredits everything you ever said as it's half truth. We need complete information to make investment. Not half information. If you can't be honest with simple question like that. What else are you hiding? Now, that's very useful for people reading what you write.

Don't talk c0ck...share first...then we decide..
Beside why are you afraid the truth? Especially when you know it's the truth. UNLESS, it's not. =P
I won't share the truth ONLY when the truth is something I want to hide of course. Are you hiding nedgeon? What are you hiding nedgeon? and why are you hiding?

But it's okay...but since u mention that he has been harassing you for years kinda tell you first entry.
It's okay you are stuck high. It's okay to believe you will one day recover your loss. But it's not okay to deliberate share half the story to support ur believe.

I do appreciate the good stuff you share here. So, I focus on the bad stuff. On the surface, RM370M bond expiring without cash looks ugly. Moving forward, the bond is guaranteed by Asian Development Fund. Given it's operating assets, it's just a matter of time it's refinanced. That's probably the first order of Tunku Yaacob business. Settling that and then selling Borsig at favourable price would give MAA quite a handsone return. If he manage to improve the operating margin, then KNM would look whole lot better. But then, it's has been said for many many years. Potential is there, but not exercised.

Now the risk! What has been REALLY GOING ON are tranches of RI and PP to raise fund for project and some projects has been delayed for VERY LONG before KNM can monetize it. KNM heavily reliant of their German subsidiary and management. How would you know if that German aren't using KNM as cash cow. Every time delayed. Also financed by KNM. Whenever they need money for overpriced project, can come KNM for PP and RI? Imagine you borrow money to run a project. After year you delay is additional 1 year interest paid before you are able to cash in the project or cash in at all. Now, that's a really bad business.

If Tunku can solve all that like how Gary Neal do, then we talk.

--------------------------------------------------------------------------------------

How we know what you show is not fake, how we know it is yours ? Whether it is yours or not, fake or real, I dont think anyone here are interested to see your trading statement. I never ask you for it either and I am not interested to see yours or anyone else trading statement, their buying or selling price.

If I show something like that here, truthspeaker and his entire gang will surely jump on me saying I am trying to con people with a fake posting. He already can accuse me day and night for years without any proof, all just based on repeated lies which he cant proof... if I post anything like that, I am dead for sure... finally his dream comes true, "a proof", he wont care real or fake.

I do not understand the logic of showing people your shareholding or the obsession to know what other people buying or selling price. Does it help anyone in any way or to learn anything ?

You see, you are doing useless thing and you want me to do the same thing ? and become an open target for more personal attacks. You are lucky that truthspeaker and his gang members are not interested in you.
06/11/2021 1:36 AM

Are you gonna conveniently ignore the question that you can share you holdings?
I can tell when u edit the pixels =D

nedgeon Nch21396 Crazy fellow !!! Whose kid is dat ya???
05/11/2021 11:48 PM

I am glad you notice it. this is just the tip of the ice-berg... wait until you see far worse ones...

I trying to tell u to watch out of your bias. It's not about what you believe. It's about what's true.

If you are too heavily invested or suffer too much losses. You can't think straight. You have no choice. U look at those stuck high with gloves. See the similarity? They refuse to accept it's over.

Wait another pandemic just to recover ur losses. Maybe next 15 years or 150 years. Nobody knows. That's what blind faith do to you.

I share you my small holding in KNM. Even i'm holding KNM, it doesn't stop me from sharing what I don't like about KNM. It's fixable. But requires honest management. Let's see what this Tunku gonna do. First order is to settle the bond, which they will. And see what else they can fix. =D

https://imgur.com/gallery/JCbfWHs' target='_blank'>https://imgur.com/gallery/JCbfWHs

Nah. Your turn. Just to prove the point we can both share our holdings online. Not that you can't. It's you don't want. Like I say, I wanna know how high u stuck. Then, everyone will know if you are telling truth of half the "truth" to mislead people.

https://imgur.com/

So, don't give me bullsh#t. Or you are a liar!

This is not true…I can and u can too…I do that all the while when ppl challenge me…
But not sure if u hv the guts…=p

That is why, when RJ87 kept on pressing for my KNM entry price, I refuse to give... if I give, I cant show proof... so I keep quiet. When I refuse to say say something that I cannot show proof, he say I am a conman. If I really go and tell him my entry price without any proof, he will also say I am a conman because no way I can show all my trading statement online. Will any of you show all your trading statements online ?

RJ87 Why not just share what's ur entry price honestly. =P

stop beating around the bush. I wanna know how bad is ur bias.

I won't make any. But at least I know how bad is ur bias. if 30sen, abit bias. if 50sen, more bias.
if RM1.00. No need say. Cryyyyy so badd there...day day pray it goes back up.

nedgeon
Is it so important that you know my entry price ? I dont even know what is my entry price, If I dont even care about my own entry price, why are you asking ? How much profit I make, you also wont get a single sen, why are you wasting your time thinking about useless things.

Why not just share what's ur entry price honestly. =P

stop beating around the bush. I wanna know how bad is ur bias.

U see those enter TG before last year may, become god of bursa by Dec and bought more TG above RM6...these die also say TG is good will go back to previous high. From 6 months profit 200-300% profit become long term investor having -50% in portfolio. Cos at this price, not point cutting loss liao.

So for your case, if you hold since 50sen many years ago. Then, now no point cut loss also.
Die also hv to believe it will go up.

Unless u enter 5sen last year. Don't b#llshit about having a jackpot. It's more like u buying 6D that never kena la.

So, what price did u enter nedgeon? Seems like u entered higher and stucked for quite long. Regret entering?

U r really noob…u got count how many rounds of private placement and RI to raise fund? What a good company will look like is buying good asset with internal raised funds. E.g increased operating cash.

For KNM, always need to raise fund by diluting share holders shares. From few bucks dilute until 20sen la taikor. Why? Can’t generate cash for shit. Everytime need to do anything, RI and PP dilute share holders shares. Blind also no need go so far gua.

“What do you mean not in balance sheet ? where are all those new assets coming from ? fall down from sky ? “

That's why I still think you are noob. Ask you very simple question. Is it possible that every dollar company made. Can it lose 20sen? If can, does it make sense to own this business?

Then u give me long @ss essay that says NOTHING. With sales, only sekeciput profit. No sales is gonna be deep deep in the red. Dangerous business to own.

I see from operating cash. Like Serba...billion2 receivables and yada2. No cash. Everytime need to pay dividend, hv to do private placement. Then everyone know it's a shitty company.

Operating cash for KNM is ok ok la. Receivables to operating cash conversion is still healthy. "Billion" of sales only translate abit into cash. If the billions u claim can translate to cash, why I don't see them on balance sheet? Where genius? Where?

If company making billion dollars of revenue but can't translate into cash in balance sheet only explains one thing. Directors are paying themselves by increasing operational expense. Left nothing for the investors. It's not something you want to own either.

-----------------------------------------------------------------------------

Do you know what is "Profit" and what is "Loss" ? Profit and Loss are just an accounting play. Sales is the actual money coming in. Profit or Loss is "what you want". you can get "what you want" easily. The difficult part is to get the Sales, not the Profit and Loss. Some of you may claim that the sales are "fake", if it is "fake" no way you can do it for so many years, especially when it is RM1 billion+ sales every year ? Can you ? KNM Sales is real for sure because nobody can "fake" such a big sales for so many years without significant increase in borrowings.

Feel like KNM is struggling with power play. Price is pressed down so that in event needing private placement, the benefactor can get more shares with his RM100M private placement. Every 10% drop = 10% more shares. Think about it.

Dunno kerja siapa ini.

Like I say, KNM do hv performing asset that can finance the next RM370M bond/Loan. It's not USD370M. If USD370M bond, I also won't touch with 10 ft pole. Remember it's RM yeah. About USD84m. Just which bank and what finance charges.

KNM is in position to benefit who only. If sell Borsig cheap which benefit next buyer, KNM will hv excess cash dunno what to do. Or they refinance the bond with loan, which will benefit the banks with dunno what finance charges. Else, PP 100M + Current cash position also can settle.

Jack Y my concern is how to deal with the debt. is either selling ORSIG or UK project or any other action... every action will have diff impact to the shareholder.
28/10/2021 8:50 PM

Great, now u think any counter can become maybank just like anybody can be become Lee Chong Wei. Thats why i think u noob.

So, tell me more about borsig. How much did KNM spent to acquire Borsig. Whats the ROCE?
Less ITDA, whats left from borsig’s revenue?

after reading ur whole writing. I can conclude you are noob nedgeon.

Ask you simple question. Even with RM10B sales, can PAT go negative?
And if it can go negative, what the point of having RM20B revenue?

U need to watch out fixed expenses especially company with big revenue but small profit carefully. *touchwood any thing happens to the revenue, the PAT goes deep deep in the red.

What I really really don’t like about KNM is it almost RM1B in goodwill asset. You know apa itu asset? BFF with Donald Trump is it? Can liquidate one or not?

it’s a gamble to assume everyone is Lee Chong Wei.

nedgeon, u think everyone Lee Chong Wei merrr?

if u want to play buy and wait….go buy maybank or Bauto. At least they pay dividend. Hold 10 years also no worries. Can’t say the same for KNM.

Jatuh all the way samp 9/11. Harga akan jatuh mcm WTC dulu.

imvu besok hijau , minggu depan hijau ?
28/10/2021 4:27 PM

This analogy not entire accurate... House has advantage on every metrics. They design the casino layout. They give options only to their favour, like free rooms and cheap alcohol. They replace non performing dealers. What about you retailer? The weird part is, people still go donate money there.

If you are gambler here, you will lose 10/10.

If you are investor, you are playing different game. It's a game of valuation. I check the bond...it's RM370M around 80M USD. Current operating cash can finance the operational expenses and finance cost. Given it's performing asset, I don't think it's that difficult to get restructure the bond/loan like how Armada pare down their 18B debts as long they hv performing asset. Keyword here is performing and non performing asset. What's left is which banks wants a piece of 350M loan at what interest only.

Once restructured, easy 10-20% return.


nedgeon Do you all know why casino make so much money and gamblers always end up losing ? it is all about holding power. Casino can afford to "lose" and hold-on until they win back all the money that they "lost"

if u want to take a gamble, it's on 8th Nov at lowest. It will slide all the way there.

Those hoping to exit higher and those hoping to make quick bucks will all dump by then.

If they get relisted, 100% return no problem. But if they can't. Tapau liao lo.

then why do u think they fired KPMG if it's not the same issue? It's the same reason.
Only way SCIB can say it's not the same is let KPMG continue their audit and finish. If they hadn't fired KPMG they would hv got their audit report by now.

Karlos
If these recent issues of shares via PP are successful it indicates nothing wrong with SCIB, unlike SD which have totally different issues with accounting. Mind you these people who had subscribed to these PP are not ordinary bilis. They are normally well informed and have done thorough due diligence prior to putting their money.

Wait few more days with margin call...drop even lower...

Why wait margin call only sell le?

they start to see big lot throwing...they siam...

If accidentally collect 30sen...they have to absorb more losses.

When there is a selling pressure, u will see the 47mil queue cancelled a blink of an eye.

dompeilee BIG Q of 47mil shrs @ 30c likely to be breached...
27/10/2021 10:19 AM

Ppl that's holding praying that they can exit higher. Ppl that just enter praying that they can get quick money. As the day gets closer to suspension; they will eventually lose hope and start dumping. Now the question is why don't u exit now at 30sen so that u won't have to exit at 20sen?


Hotstuff wtf are you talking??? suspended on 9 NOV what make you think people will collect??? it wont have any rebound..price will keep going down till the day of suspension
27/10/2021 10:03 AM

U can trap Shortist if market agrees TG is worth above RM3...Problem is market don't think so...

if RSS kena short squeeze, price can bounce to RM5 where short hv no choice but to cover their position high. Problem is where? Everyone is happy to sell for 5% gain. NOBODY willing to buy anything above RM25B market cap. They probably value it at RM15B.

Fearmongering was also the tactic to goreng from TG from RM2 to RM9. But you guys seems to have problem when fearmongering when it's used to drive the price down from RM9 to RM2? =D

ularsawa please top up ur FD again…

Margin call sudah…=P

Something is brewing...Per queue size as big as 2M shares and multiples of 500K shares...

Something is brewingggg...I think it's gonna go big soon...

Do you guys have any problem if COVID is gonna be another seasonal flu?

If you are ready for that, then you are ready to let TopGlove go.

Those that enter last year May and exited December. Is the winner.
Those that short sell last year December and covered their position now is the winner.

The only s#cker here are those that bought last year December and all the way down now.

Booster dose is gonna be like another seasonal flu jab you get. That's what going to happen with or without JPM macai. Because that's called moving on.

U guys are behaving like a toxic bf after getting dumped. Threatening the ex-gf that if you leave, her world is gonna fall apart. Hell not. She moves on just fine. Probably you guys should too. =P

3 stooges making pointless comment.

And market are filled with stooges like these. So, don't surprise thing go ridiculously overpriced or undervalued.

U start a list and see….I might consider put my name there…

GlovesOff Only this 3 sorr chaiss

M sure there will be more sign up if pembuli is Ular ....
*******
1. Zuliana
2. UlarSawa
3. Mabel
4