Masterkelvin212 previous comment :

masterkelvin is a 2 headed snake .when he hold the co shares he will promote & post all the good facts. When he sold all his shares he will condemned the co.

Stock: [KNM]: KNM GROUP BHD



 Jun 3, 2019 10:07 AM | Report Abuse 

Somehow, people here are still taking about going back to RM 0.07 but never realize that knm has turned profit to 15million profit in the first quarter. Hence, RM 0.07 will never happen again.

Base on the information i gathered as follows:

1) Ethanol price with a standard purity contained is selling at RM 2.95 per little at current price wit full capacity of 200,000 litres per day at 72% share holding which will directly contribute RM 155mm revenue. According to the bangkokpost report, The profit is at 25% for ethanol.

Let's say RM 155M x 25% = RM 39 Million profit

2) After private placement and the money will be utilized for the expansion and enhance the production of ethanol and this could generate a higher profit by end of 2020. 300,000 litres perday additional x RM 2.95 x 72% = RM 233 Million revenue.

Let's say RM 233M x 25% = RM 58 Million profit

3) Europe segment including borsig has generated a sustainable revenue every year with lately RM 1.1 Billion and average profit market according to the latest report has increased from 18% to 19%. Europe segment expected to increase work sale another 20% due to a high demand in China.

Let's say RM 1.1 Billion x 25% = RM 209 Million profit

4) KNM Process equipment has secured more than RM 400 Million contract for the past 6 months and expected another RM 400 Million conract for the next 6 months will end up with RM 800 million revenue

Let's say RM 800 Million x 10% = RM 80 Million profit


5) With WTE every state to build at least 1 WTE - Waste to energy plant as confirmed by the government and the tender exercise will close within 3 months which will on July - August 2019. The paper will be submitted to parliament for approval. This allocation of budget will required around RM 7 Billion.

6) While pending KIV for Peteborough RM 2 Billion WTE, We wish this project will start concurrently. As mentioned by Peteborough council the project is targeted to commence in the 2nd quarter of 2019


7) Revaluation of property will be done every 5 years. The last was in 2014 and the coming one by end of this year. KNM has plenty of industries property and land which is more than its 50% of asset. Increase of the land value will constitute a positive value to the NTA. And we can see the positive contribution in the 1st quarter of 2020.


8)More projects to secure as long as crude oil price is stable and will benefit to downtream player after that.

9)With full utilisation of and increase the capacity of resources (Because more contract for work), these will reduce some idling cost and unwanted declaration of impairment loss. May be with zero impairment loss.

Wit the above, KNM price on technical and fundamental will be on positive grow and i can see a better tomorrow for KNM.



If you are still thinking of RM 0.07 cent, Then KNM revenue should have dropped from RM 1.4 Billion to a few million, no contract, no revenue, no profit, negative NTA etc.

But we have not seen these. In fact, KNM performed so much better in term of its revenue and the diversification into a solid asset of company

Impairment loss is only the accounting games to mislead the small investor. To engineering company, as long as the utilization of resources are running in full. The company will turn back to profit in just a second.

huat ahhhhhh !

good morning guys.warrant in already

those who keep attacking sardine.sardine didnt point gun at yr head & ask you to buy knm.in stock market we ourself do our own decision buy or sell.

@Flyinghorse@kk7198.i also support sardine81.i appreciate his hardwork even a lot of people attack him.KNM fail or success all depend on General lee.not sardine.

long term investors will ignore all the negative @ baseless talks.In General Lee we trust !

♦ RHBIB

Dear Valued Client,
*Trading Stocks*
Date/日期 : 11/12/2019

1) *JOHOTIN (7167)*
Price/现价 : 1.81
Target price/目标价: 1.90/2.00
Cut loss/止损价 : 1.68
**Syariah
Sector/领域: CONSUMER PRODUCT

2) *FPGROUP (5277)*
Price/现价 : 0.685
Target price/目标价: 0.75/0.80
Cut loss/止损价 : 0.62
**Syariah
Sector/领域: INDUSTRIAL PRODUCT

3) *COASTAL (5071)*
Price/现价 : 1.28
Target price/目标价 : 1.45/1.55
Cut loss/止损价 : 1.22
**NON Syariah
Sector/领域 : ENERGY

4) *SAMCHEM (5147)*
Price/现价 : 0.725
Target price/目标价: 0.755/0.80
Cut loss/止损价 : 0.68
**NON Syariah
Sector/领域: INDUSTRIAL PRODUCT

5) *QL (7084)*
Price/现价 : 7.60
Target price/目标价 : 8.00/8.50
Cut loss/止损价 : 7.35
**Syariah
Sector/领域: CONSUMER PRODUCT

6) *GCB (5102)*
Price/现价 : 2.92
Target price/目标价: 3.30/3.50
Cut loss/止损价 : 2.70
**Syariah
Sector/领域: CONSUMER PRODUCT

Source : RHB RESEARCH INSTITUTE

_*Disclaimer*:This message is for information purposes only. Reproduction or dissemination to third party is prohibited. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information nor shall it be construed as an offer/solicitation or recommendation to buy/sell any stocks . Investors should make their own informed decisions by consulting your own independent adviser(s) before investing. We accept no responsibility or liability for loss or damage that may arise from the reliance of this message. For the full information regarding the stocks mentioned herein please refer to the relevant websites._

AmInvest Research Reportsclick to expand contents

Guan Chong - Go loco over cocoa

Author: AmInvest Publish date:  Wed, 11 Dec 2019, 3:03 PM

Close

Investment Highlights

We initiate coverage on Guan Chong with a BUY call and fair value of RM3.49/share based on an FY21F PE of 13x. Our P/E is at a discount to the group’s international peer’s average forward P/E of 19x. The discount is placed because its peers have a more integrated downstream/upstream operation whereas Guan Chong is a pure upstream player. We believe that the PE of 13x is justified given the group’s strong market position as the 4th largest cocoa grinder in the world as well as its upcoming growth plans.

Guan Chong has flourished in recent years, transforming itself into the world’s 4th largest supplier in the oligopolistic cocoa grinding market with its latest acquisition and expansion, increasing its capacity to 250K MT per annum.

We highlight the following key investment merits: 1) The resilient outlook in the global chocolate confectionery sector underpinned by: (i) rising disposable income; (ii) improved retail distribution; and (iii) changing lifestyles resulting in the emergence of the preference for dark chocolate. This is further buoyed by the recent uptick in demand for cocoa powder in Asia. 2) To capitalize on growth prospects, Guan Chong has put in place an expansion plan in Ivory Coast to benefit from direct sourcing of cocoa beans as well as to tap into the biggest market of consumer chocolate confectionery in Europe. There has been a shift in approach of the world’s top 3 cocoa grinders whereby they are increasingly relying more on external supply of cocoa-food ingredients as the manufacturers focus more on chocolate confectionery manufacturing. This means that Guan Chong’s output can easily be taken up to cater to the chocolate confectionery manufacturers’ requirements.

We expect Guan Chong’s earnings to grow by 4.6% and 22.4% in FY20–21F driven largely by: (1) increasing contribution from its expansion plans; (2) better margins due to improved cocoa powder pricing and raw material hedging; and (3) organic growth in the chocolate confectionery market which will increase the demand for cocoa-derived food ingredients.

Source: AmInvest Research - 11 Dec 2019

@Mabel.i though i was you who secretly collecting the shares .hahaha

good closing !

Date Price Target Source

News

11/12/2019 3.49 AmInvest

News

30/09/2019 4.85 KENANGA

volume reached 30 mil .hold tight mid & long term investors.uptrend might happen soon.hopefully this mth.

@paktua.tks for been with us here to support KNM. Salute to Dato & Red Stock Army.

@Paktua. bro hari ini ada top up KNM kah bro ?

ex price RM 2.62 consider high as mother now RM 2.05.if we receive warrant let say around RM 0.30- RM 0.50. sell of warrant & buy mother.is it worth it to do so ?

good morning guys.looking at Serba chart it looks more active after 2.30 pm.probably foreign investors started buying.Now Serba share price at RM 2.05 more investors can afford to buy.Tmrw i will top up some to average down my share price.since my account in red. Hope there will be a bull run for Serba after share split.Lets all of us huat together with Serba !

https://www.thestar.com.my/business/business-news/2019/12/07/cpo-price-has-more-room-to-grow-next-week

huat ahhh ! good closing !

lets break rm 3 ! huat ahhhhhh !

huat ahhhh !

good closing !

https://www.theedgemarkets.com/article/petgas-dismisses-barakahs-rm1798m-claim-says-there-no-basis-it

youarewelcome88.bro.Miss Universe ask me to be patient ! hahaha

@paktua hari ini Dato & red troop ada top up kah ?

hope everyone can spare some time to write in to Bursa & complain regarding idss activity.

good morning guys today klse probably in red because of Trump. hang on everyone !

https://www.theedgemarkets.com/article/wall-st-tumbles-trump-hints-delay-trade-deal-china

good morning guys.@youarewelcome88.i havent give up.still queing until Miss Universe marries me !

huat ahhhhh !

@ramada.noted.tks bro

@kk7198.Amen !

morning guys. i checked in my cds portfolio price RM 2.07.new shares havent add yet

@kk7198.well said bro ! let huat together with General Lee !

Good morning guys.If this week KNM can make big volume we going to see KNM share price going to break 52 weeks high ! In General Lee we trust !

@youarewelcome88.our journey of life.we never finish learning.

Good morning guys !

In 1963, American Express found itself on the wrong end of a very big, very bad loan to a company by the name of Allied Crude Vegetable Oil. The salad oil company faked its inventory, filling its tanks with seawater and only a modest amount of oil. Because oil is less dense than water, it would float at the top, making it appear as though the company had much more oil than it actually possessed.

Allied Crude Vegetable Oil borrowed on the basis that it had 1.8 billion pounds oil, but it only had 110 million pounds. Thus, American Express and other major banks, which took on the loan under the assumption it had ample collateral, found themselves staring down the barrel of substantial loan losses.

AmEx shares fell over 40%, as the market worried that it wouldn't survive. But Buffett was ready to buy, believing that the losses were only temporary, and that American Express's brand gave it enormous value over and beyond its accounting value.


American Express wasn't your typical corporation. It was organized as a joint stock company, which gave its owners unlimited liability for its losses. If its balance sheet were impaired, shareholders could be called on to contribute more capital. (It converted into a typical corporate structure two years after the scandal.)

In the book The Snowball: Warren Buffett and the Business of Life, author Alice Schroeder writes of the event, quoting Buffett himself:

"So every trust department in the United States panicked," recalls Buffett. "I remember the Continental Bank held over 5 percent of the company, and all of a sudden not only do they see that the trust accounts were going to have stock worth zero, but they could get assessed. The stock just poured out, of course, and the market got slightly inefficient for a short period of time."

Buffett bet big on the stock, putting 40% of his partnership's assets in American Express shares. And while he had made big bets before, this wasn't his standard fare. Previously, his large bets were concentrated in companies that could be liquidated for more than their stock-market value. This wasn't the case with AmEx, which Buffett was buying at well more than two times its book value and more than 15 times its earnings.

Up until this time, Buffett had primarily invested in companies that few would recognize, companies that would never make the front pages of a local newspaper, let alone find themselves in the middle of a national scandal. The size of his American Express investment gave Buffett a huge advantage that he never had before. Schroeder wrote that "[n]ever before had he invested like this. Never had he put to work anything approaching this much money, and so fast, in his life."

Having plunged as low as $35 per share, shares rapidly advanced to $70 per share, making Buffett and his investors millions in the course of just three years. The quick double from AmEx resulted in a return twice that of the S&P 500 over the period.


One of Buffett's most famous quips is that "only when the tide goes out do you discover who's been swimming naked."

If Buffett's investment in American Express during the salad oil scandal had turned out for the worse, Buffett might have continued on as a small-cap liquidator managing a handful of money rather than the legendary investor that he is today.


Many fear to buy co status PN 17.Some see as an oppurtunity to collect Barakah shares during temporary dips & have faith in Barakah on its futures plans .Time will tell.

@ Youarewelcome88@Mabel@Happy3933.


@ May the force be with Nik , Zaid , team & all Barakah investors !


Happy weekend guys !

@chshzhd.tks for sharing bro.

@youarewelcome88.i queue since last 2 weeks for 0.02 cant get .test water bro.i only want Miss Universe.

@mcmann.bro congrats yr profit kaw kaw !

@Mabel.i think im the highest among all of us here average at 4.38.

@ramada.tks for sharing bro.if many investors sell on next monday or tuesday price will drop bro ?

@paktua.good to have your troops here to defend bro ! salute to Dato & Red Stock Legion.

@Mabel @ Happy 3933.both of you keep top up.want to become miillonaire ha ?

@Mabel. what is yr average price ?

@ paktua.bro today yr troop top up what price ? how much ammo use ?

bursa blood bath again.drop 22 pts.foreign investors keep selling like no tmrw

come on bosku Abdul Karim.Lets Serba close RM 4.40 today !

@kk7198.bravo bro ! united for KNM. !

well down brothers ! we fight until KNM green !

@kk7198.this morning i mamaged to top up some also bro.we fight until KNM turn green !