32000 is no good... loss is always no good... but better thn a lot of ppl now.... bcos lots of cos dropped 20% tis round... short term players all lost a limp...

ys1... r u averaging down? 32000 x (say 1.385 - 0.385)... ur loss shd b abt 32000...

YS1.. yes... no nid to run away... euro up etc etc... lastest war... oil prices sure go up.... Q3 wil b good

To put thing in prespective.......

KLSE : THHEAVY TH HEAVY ENGINEERING BERHAD

Last Price Today's Change Day's Range Open Price Trading Volume
0.74 -0.11 (12.94%) 0.735 - 0.845 0.845 39,621,300

cant get rm now..... trying to get some fun instead.....

of course not not giving up....

resident fear mongers... how r u compared to tis???

Posted by newbiestock


OTB 1685 wont hold ler. get ready for 1600


rupee and rupiah crash... similar to thai butt crash in 1997.. warning..
Aug 27, 2013 05:18 PM | Report Abuse

ringgit hits 3 year low.. gone ler


rupee and rupiah crash... similar to thai butt crash in 1997.. warning..
Aug 27, 2013 05:10 PM | Report Abuse

where is KCCHONGNZ . bankrupt already ah?? LOL.. told him he will see how good his stock picks are in a market crash .. LOL


Stock: [KNM]: KNM GROUP BHD
Aug 27, 2013 05:08 PM | Report Abuse

yungshen1 u are not scared cos u are stewpead little kid ler. u know nothing about stocks... we will see u run away soon LOL


rupee and rupiah crash... similar to thai butt crash in 1997.. warning..
Aug 27, 2013 05:03 PM | Report Abuse

next level 1600 then 1500 then 1200 for sure ler.. get ready people...


rupee and rupiah crash... similar to thai butt crash in 1997.. warning..
Aug 27, 2013 04:58 PM | Report Abuse

indonesia filipines down 4 percent. get ready for malaysia market crash soon. and we will see of local funds can help. it will lots of local FUN ler.


rupee and rupiah crash... similar to thai butt crash in 1997.. warning..
Aug 27, 2013 04:51 PM | Report Abuse

dont buy anything. this is a long time down from here on. crash soon. wait for capitulation then buy in. the day when the market goes down the most. warning warning

resident fear mongers!!!! serve u right tat u shd meet a bigger one of ur kind..... karma? :)

wat??!!! QE tapering wil b larger than sub prime n d collapse of lehman bros is it??!!

it is d fed la........for everyone n every cos......

knm nasib la...

nobody said it is going to b a V recovery...... bt a recovery it is

n so d backward looking ppl wil hv u know.... tat thr is no nid...... absolutely no nid to fear d FED QE tapering... cos thy hv looked into d usa figures for d last few years n thr were loads of sins shits n craps... so usa wil never recover.....

n wat.... unemplotment rate only 7.4%.... wat if.... wat if..... ideally shd b 4-5%..... wat if wat if....

knm has much much more thn sona... anytime... u r buying in d blind yet posting all ths questions whc only samsung has....

4) d loan was used to buy borsig... borsig making profit or not???

2) say tis co has jz 1 RM 1 share... n say its mkt price is RM 1 cos its nta is jz RM1........ now say it recd a RM 1m tax credit so tat its nta is now RM 1,000,001... n d mkt price now is RM 1,000,001... so as an investor d tax credit is profit.... why not a profit??!!??

1) knm is jz recovering from a loss in 2011..... it is jz d start.....

7) a good write-up shd state d good n d bad......

1)..... Although debt as a percent of total capital decreased at KNM Group Bhd over the last fiscal year to 33.77%, it is still in-line with the Energy Equipment and Services industry's norm....

in line wit norm means not tat high... so tat banks creditors wld suddenly ask for payments

6) Cash Collection is a strong suit as the company is more effective than most in the industry......

u r looking at d group cashflow..... thr could well b situation whr one unit has tons of cash but d other one unit has tight cashflow...... u jz add up ths two n it look like thr is cashflow problem... d one wit tight cashflow cld well b d loss making brazil unit whc knm has sold off..... wit assets n liabilities taken ovr by buyer....

anyway knm is made up on many independent units.... so even if 1 or 2 hv problems tat doesnt mean knm will close down...

anyway.. if thr is profit... banks wld not suddenly ask for repayments....

1) cannot wat if wat if.....if wat if is ok..... thn wat if knm competitors r blown up terrorists??

d point is.... knm is recovering........

d point is... knm is not abt to b closed down........

d point is... tis write up is good enough for foreign funds to buy knm.......

local analyst... n other backward looking fear mongers here.... helping foreigners to buy knm cheap by driving down its price???!!!???

ys1.. i m not surprised wit foreign funds buying knm... cos while backward looking ppl here c knm as close to be closed down soon..... following is a write-up on knm by a foreign analyst..... take a look.....


Although debt as a percent of total capital decreased at KNM Group Bhd over the last fiscal year to 33.77%, it is still in-line with the Energy Equipment and Services industry's norm. Additionally, even though there are not enough liquid assets to satisfy current obligations, Operating Profits are more than adequate to service the debt. Cash Collection is a strong suit as the company is more effective than most in the industry. As of the end of 2012, its uncollected receivables totaled 862.5M MYR, which, at the current sales rate provides a Days Receivables Outstanding of 126.82. Last, KNM Group Bhd is among the least efficient in its industry at managing inventories, with 13.83 days of its Cost of Goods Sold tied up in Inventories.

Year over year, KNM Group Bhd has been able to grow revenues from 2.0B MYR to 2.4B MYR. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 90.47% to 82.87%. This was a driver that led to a bottom line growth from a loss of 91.8M MYR to a gain of 82.0M MYR.

they r same.. usa says mark-to-market... rest of world says fair value accounting.....

tis is going to b a long afternoon...

i m not full time here.... i hv to go now..... c u around 6pm if i hv d time...

b patient....look at d respective accounting policies

MTM or fair value accounting... also applies to mfg cos...

fair value can b arrived at from future benefit tat d asset can generate... not neccesaary to hv a market...

so if d asset giving rise to d goodwill for example cannot make future profit anymore.. d fair value of d goodwill is 0... n to b written off

look at d respective accounting policies la.......

WOW, YOU ARE GREAT. YOU CAN SEE THE FUTURE. YOU SURE HAVE A GREAT FUTURE!

kcc... i dont so... nowadays all n sundries can come up wit a TP.... some came up wit three within a week or two....

isnt TP looking into d future......

kcc... i suggest u look thru knm audited financial statement to find out hw it applies MTM on its assets n liabilities....

uncle kcc.. u dont know wat is.. mark-to-market???!!! u r stil stuck in d.. historical cost basis??

kindly google... mark-to-market.. or fair value accounting.... to find out more

kc loh 40-50m... ys1 30m.... no bad results i wld say.... so kcc.. how??

kcc... I say.. nowaday d in thing is.. forward guidance...

n things r moving so fast nowaday... everythings is mark-to-market.... ie mark-to-NOW.....

huge >100 years US banks insurance cos... whc hv perfect records for d past 100 years jz closed shops jz like tat o....

kcc... d past is d past.... u hv d habit of looking at d past.. looking at d pass few years accounts....

jz for once... b forward looking... tell u wat u think knm qtr 2 result wil b like... YS1 says 30m... wat do u think???? TQVM

How come u never mentioned... one off items like write off of goodwill 29m... n strange tat u mentioned d foreign currency loss.. tat actually mean d operating profit has been reduced by ths foreign currency loss...

n euro has gone up against rm so d foreign currency loss cld well b a huge profit in CY

so it is settled thn.. tat i m not speculating abt borsig... n d financial statement is actually not tat NO TRANSPARENCY as u said... jz nid to know whr to look.....

another mistake.... d financial statement also stated borsig is 100% subsidiary ok knm.. so hw can i b shareholder of borsig?/!!

kcc.. so hv u taken a look at note 30 of knm 2012 financial statements to find d answer to ur question below???


HOW DO YOU KNOW HOW MUCH INCOME BORSIG IS GENERATING? I COULDN'T GET THE DETAIL FROM THE FINANCIAL STATEMENTS, CAN YOU? OR ARE YOU JUST SPECULATING?



ok ok think u wld doubt d analyst n management.... so thn take a look at note 30 of 2012 audited account u wil c d profit from europe segment...whc is d biggest..... n if wat u r saying... tat.. tat profit was not from borsig.. is correct.. thn wonderful.. cos tat wld means knm has other big units in europe... n borsig is actually not important....


KCC... SEEMS EVERYONE CAN TELL FROM D FINANCIAL STATEMENTS BORSIG IS MAKING PROFITS N IMPORTANT TO KNM...... EXCEPT U... WAT... DONT KNOW HOW TO READ FINANCIAL STATEMENTS KA??? ; )

ok ok think u wld doubt d analyst n management.... so thn take a look at note 30 of 2012 audited account u wil c d profit from europe segment...whc is d biggest..... n if wat u r saying... tat.. tat profit was not from borsig.. is correct.. thn wonderful.. cos tat wld means knm has other big units in europe... n borsig is actually not important....

u r doubting d nta is abt 1.21 as u doubt d bals r real..... analyst n management hv said borsig is contributing 80% of knm profit... of cos if u also doubt thm thn....

Tat was why i said u hv a rather healthy level of skepticism...... wat u r doing is not reading n interpreting d account... u r doubting d bals.... u r doubting d auditors......

Anyway.... ths r my observations....

d big loan was used to finance d purchase of borsig... borsig is generating income.... tis income is paying d interest...

crisis coming to tail end.. n knm stil standing.....

in 2012 abt 29,000,000 goodwill was written off bcos it was no longer acceptable to d auditors to b termed asset..... hv d auditors written off d intangible d deferred tax d receivables n d plant n machinery.... n auditors in overseas r more stringent...
21/08/2013 16:13

wat i saw is tis

eSdM, let me tell you this. I have looked into KNM financial statement for the last few years. To say doubtful about the account is an understatement. There are manipulations and financial shenanigans.

basically wat i hv bin saying again n again is... knm has cleared its past sins shits n craps.... n has bottomed out......

kcc...if u chk u wld hv noticed wat i hv bin saying is:.... knm has cleared its past sins shits n craps... knm has cleared its past sins shits n craps... so if u hv bin looking into knm financial statements for d last few years.. those sins shits n craps wld b wat u hv bin seeing....

kcc... must say u hv a rather healty level of skepticism..... first u doubted knm audited account... now u r questiong d analyst.......

ys1... i talk d talk... n walk d walk...

d big loan was used to finance d purchase of borsig... borsig is generating income.... tis income is paying d interest...

crisis coming to tail end.. n knm stil standing.....

in 2012 abt 29,000,000 goodwill was written off bcos it was no longer acceptable to d auditors to b termed asset..... hv d auditors written off d intangible d deferred tax d receivables n d plant n machinery.... n auditors in overseas r more stringent...

ask urself... wil knm ever b closed.. wound up??? if d answer is no..... n u hv bought it at its bottom... then d only way is up... up by a lot!

qtr 2 result wil b out soon..... looking at yesterday n now.... it is more or less confirmed tat 0.435 is d bottom.....

per 2012 account d america segment was d only one tat made loss.... loss of 34,031,000 to b exact..... wit d brazil unit sold.... tis segment wont drag down d rest anymore wef jul 2013...

so wit a much much stronger euro usd now.... qtr 3 result almost certain to b very good.... wait n c is safe.... but by then u cant get knm at 0.435 anymore.....