We don't know yet. Peterborough project also took 8-9 years yet to started. Acquisition could be. But we don't know yet.

Remember, No matter how good the asset KNM has is nothing to do with small shareholders. No matter how rich the company is also nothing to do with small stake holders.

Small stake shareholders are hoping to get the price growing so that they can dispose off for a better value.

If you are telling me what borsig has and it won't benefit to us also. Unless, a potential big share holder acquire and control majority stake and bring KNM go to the moon, from there we can keep and wait.

Right now, I have not seen this. May be future yes.

You decide

Don't be so sensitive, I am not saying KNM is not good. But the negative sentiment has made the trend change. KNM in fact is running ahead of Index. I always believe in public floating. Huge public floating will not help in growing Stock price in Malaysia. Unless, a few of Majority Shareholders have more than 30% stake controlling KNM.

You decide

This quarter may have profit but lower than expected. But this is for them to clear their tickets. Most of the investors are looking at the profit but never realise that the crocodile behind is taking the opportunity to dump their shares.

Bearing in mind that, With huge public floating tickets like KNM, No matter how good profit is, the price will never grow, unless you have found another major shareholder to take over big portion of share above 30%.

Most of the tickets are from crocodile, They are going to wash the plate.

You may not agree with my statement, RM 3 is not possible and those expected this figure will end up with big loss.

1 day dropping half cent to 1 cent will make you feel nothing but ending up you will feel very pain.

Don't say i will grab back when it is low, i will never buy back any shares within the next 4-5 years once i dispose off.

Those don't believe in my statement you can carry on holding KNM. Until one day you will realise what i have said.

I am not saying KNM is not good, but it takes time + majority share holding to reduce its public floating. Otherwise, forget about it.

Right now, i prefer to look at other potential stocks where it has a better offer with under valued assets. KNM is ahead of index and the actual price is not reflecting the real price at all.

You decide.

I already told you guys....

One day drop half or 1 cent will make you feel nothing until it reaches the bottom you will realise and wake up later.

I believe Sardin has disposed off his shares. Me too. We like KNM so much, but we will also compare KNM with other stocks where i found other stocks are so much cheaper.

KNM can be a good boy and also can be a bad boy.

Those were trapped before should have learnt from past. If it is not the time to own KNM, you must go.

YOU DECIDE

You may not listen to my advice, but we must accept the fact. Before i sold, i had already mentioned this and after i sold i will only remind you this.

People will rather shift to other stocks instead of keeping knm. this is true. Public floating is too much, most of it are from syndicate. Syndicate will not hold for long term. Unless, there are major shareholders acquires most of it. with long term profit growth, i will only up.

For now, i don't think so and its market cap is expensive if you compare with other stocks.

You decide.

No matter how good profit of KNM, 2 possibilities will happen

KNM with profit for 2nd quarter
- Share raise a bit but will go down
- Reason is sydicate will sell all their tickets during quarterly profit when it is out.


What if KNM loss for 2nd quarter
- Falling knife will happen
- sydicate's tickets is already full, will dump all the way down

Most importantly, they want to clear all their warrant out since they bought it very cheap.


You decide

PN soon...no revenue..

10 cents coming

Today is my last comment as i am not belonging to KNM at all. My advice is please do not fall in love with any stocks all the time.

KMWONG8711, you have made a right decision. but i will not propose here. See you there.

My indicative proposed price for KNM all the time is RM 0.35 based on 1st quarter earning at 15 PER

If you are hoping RM 1.00 to RM 3.00 is your choice.

For the past 1 week, my findings as follows:

1) Yet to get started WTE in peterborough as promised during AGM, by right should have started in June 2019.

2) What i see from China Western power statement, KNM needs to pay a down payment of USD 100 million to kick off the project. But yet to get this down payment out.

3) China western power - a public listed company in china, the latest project to kick off of announcement excluded WTE peterborough. I am wondering whether China western still will continue or back off. During AGM, Got people asking this, answer from boss is not so certain and confident me.

4) WTE in port dickson. When contacted one of the contractor via facebook, they replied this project was stopped 4 months ago due to payment owing by KNM. I am not sure, the vendor or sub-contractor complaining about default in payment. As promised to complete in JUNE 2019 is not possible.

5) If you were to refer cypark WTE and the whole system is actually designed not from KNM. They did not mention KNM but only mentioned Korea company.

Whether they can secure WTE in Malaysia still long way to go. WTE has made me lose my confidence for the time being.

Hoping Borsig can perform well. Luckily having Borsig to earn money and pay bank interest and losses from other segments.

woodswater,

i sold and my principle of investment is, i will never buy back the shares i disposed. No matter how good the future share it is. I wish to hold KNM but i am still getting suspicious over the recent of huge increase of its price.

We will never fall in love with any one of the stocks. When we think the current price reflected the actual value, it is time for me to go. Basing on PER 15 and the price should be 0.35. With bearish stock market, it should be lower than this.

If the second quarter profit earning below 36 million or possible losses. It will be too late for me to go.

I also suspect whe KNM boss only bought back a little shares, i think he tried to make market confidence he is buying back company shares. I started getting suspicious.

You can actually ask around those remisiers from different securities firms that Whether or not public are still holding KNM.

The info from a few of my remisiers that Most of them have disposed off KNM at 0.38 - 0.41 from their clients.

I always trust the market demand and i guess KNM price will not sustain in these few days.

XOX will turn up to profit anytime basing on its revenue keep on going up.

Those who are buying KNM-WB good luck

Market has disposed or start to dispose off KNM shares.

VT will acquire as much as possible, when he reaches 85%, he will push all the way up to 0.30 - 0.35. At this time, he may announce privatization.

To him 0.30 - 0.35 can only convince small stake holders to accept his privatization comparing to NTA price 0.80++

10 cents is possible, just worried PN17 where company has become no activity because the revenue is very low 1 quarter only less than a million

KNM will not fall back to 0.07, the lowest only 0.20 - 0.25

I think the market is bearish now, the first impacted stocks will be the stock like knm, which has gone up within a short period. I will think of disposing all my KNM and keep for money first.

First time i sad the chart signal with negative impact to KNM chart.

Stated:
An important but bearish development took place on 5th August 2019 where the price of KNM broke the support level of 0.375. This breakout was accompanied by a higher than average traded volume which show the bearishness of the traders to push he pice lower and past this support hence pointing to a higher probablity of a bearish breakout.


With the notice above, you need to be prepared for tomorrow. Margin call and force selling will come into picture.

I am prepared to go first. Good Luck

Overall market sentiment is not good, any good news also useless. Watch out the stock.

If KNM break 0.37 today closing without a spring, it wont be good at all.

Many are selling KNM...Market is not good

But we don't know, Just like newspaper said the boss from Serbak dinamik is interested in KNM but they denied it, In fact Kpower is acquired by the boss from Serbak dinamik last month with a sudden announcement. During that period, we did not see his name appear, they use proxy to buy and transfer to his name later on.

With lately transaction of KNM tickets, we guess we know but no one will predict and could be guess wrongly.

Anyway, KNM is on the right positive growth and the profit for the next consecutive quarter shall be achievable.

I believe there are rumours in the acquisition of KNM is possible. I guess only. In the acquisition means KNM will still be listing but in exchange for big boss only.

Other than these the analysis i conducted. Another things we still have to consider


We have these 2 potential investors. They are within top 3 new investors for the past 1.5 years
2. Chua Sim Neo @ Diana Chua
3. Pui Cheng Wui

You must know what has made these two investors to increase its stake in KNM

1) These 2 investors are together under same team and others
2) These 2 investors will only invest whether the company going to be acquired by others (Such as Kian Joo, Abric etc where the company has valuable assets)to enjoy high offer price.
3) And many others in my findings i can not disclose.

My advice is follow the right person you will gain more.

Many are asking about KNM and its Warrant KNM-WB


As i said before, The uptrend of KNM is on improvement of fundamental obviously its Technical. What i suspected KNM-WB is speculated by different Kaki Goreng where it is not relevant to KNM on its rear uptrend. Other Kaki Goreng took advantage of KNM uptrend to push higher on its KNM-WB where the premium to subscribed has become not viable.

During KNM-WB was as high as 0.30 and mother at 0.36, i have advised investors to dispose off KNM-WB and swift to mother. There was an opportunity to do so. Few days later. General Lee from major shareholders did the same. Not because General Lee doesn't want to exercise the warrant, but he can dispose off and top up another 6 cents to buy back mother, If the price of KNM close at RM 1.00 on the expire date General Lee has nothing to loss. If the price close at RM 1.10, General Lee can buy back from Market KNM-WB at RM 0.10 before one day expire.

Hence, General Lee could benefit the gain on KNM as well as buying back KNM-WB at low price.

This is a very simple calculation you all need to learn.



I have studied the possibility of its route of KNM and its warrant for your reference as follows

Knm - mother VS son

KNM-WB
Expired - 21/4/2020
Convertion ratio - 1:1
Convertion price - RM 1.00

Current price
Mother = RM 0.395
Son = RM 0.15

Let's say
If mother goes up to RM 1.00 on the expired date, son will become RM 0.00 no value
=Mother gains 2.53 times
=Son loss RM 0.15

What if KNM close at RM 1.00 by end of this year 31/12/2019
=Mother gains 2.53 times
=Son probably at RM 0.25 , gains 1.67 times

What if KNM close at RM 0.80 by end of this year 31/12/2019
=Mother gains 2.025 times
=Son probably at RM 0.20 , gains 1.33 times

Buying Mother is better off than Son.

Unless KNM close at RM 1.40 on the expired date.
=Mother gains 3.54 times
=Son probably at RM 0.40 , gains 2.67 times

Only when you are confident with KNM to close at RM 1.40 on the 21/4/2020 only to consider buying son


Buying mother is more safer and return is more greater than son. Buying son will constitute a risk.

But unless, the goreng kaki push up again for KNM-WB. But i don't think so. Because major share holders will dispose off KNM-WB and swift to mother if the price is too close as the exercise price is too far and too high.

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.

No wonder Borsig KNM is doing very well in China market. Look, China is promoting german product especially steam boiler from BORSIG

China has a huge market
BORSIG IN CHINA
https://www.schorrezicht.be/2019/01/09/375.html
https://www.deguldenbock.be/5862/borsig-steam-boiler/
https://www.baeckmarine.be/borsig-steam-boiler-223.html
https://www.hollekamp.nl/boiler/3018/
http://www.wandelnetalmere.nl/solutions/borsig/boilers.html
https://www.meyhane.nl/borsig-steam-boiler-4672.html

Base on what i calculate the value for borsig as follow

Revenue for borsig per year RM 1.25 Billion
Profit 19% according to annual report = RM 237.5 Million before tax

Say about PER 10 on before tax
RM 2.38 Billion

Say about PER 15 on before tax
RM 3.56 Billion

Borsig group a 100% subsidiary of KNM of yearly increasing revenue 20% minimum every year and achieving 19% profit of revenue.

Impress ethanol a 72% subsidiary of KNM will increase its production of ethanol from 200,000 litres to 500,000 litres in June 2020. Basing on RM 2.90 selling price for ethanol per litre. Try to imagine 500,000 litres x RM 2.90 x 365 days x 72%

The above excluding the recent contracts and the coming up more contracts for petrochemical industries. Not forgetting the WTE projects in UK and lately our government is very keen to build at least 1 WTE in every state and a proposal is being submitted to the house of parliament according to YB Zuraida.

KNM Being an energy and engineering stock which has a similar scope capacity like dialog and yinson. When these 2 companies are profitable, market will take a reference for similar industry to refer and judge KNM. Now, the transformation from contract base to recurrent base has made people start to think of KNM therefore will be outperformed on day just like dialog and yinson is doing.

YINSON
Market cap = RM 6.66 Billion
Revenue per annum = RM 1 Billion

Dialog
Market cap = RM 18.32 Billion
Revenue per annum = RM 3 Billion

KNM
Market cap = RM 0.66 Billion
Revenue per annum = RM 1.5 Billion


Let's forget about the profit first, it will turn better. If we look at the revenue against its market capitalisation. KNM is so much cheaper.

Right Now, KNM yearly revenue is about RM 1.5 Billion to RM 2 Billion which is think if not to far to achieve the goal.

What we are hoping that:
1) KNM must reduce its operational cost and increase the productivity and KNM has put on target to achieve this.

2) To increase the recurring income such as WTE and ethanol and KNM is working on this, Ethanol will in full operational with 500,000 litres daily production next year.

3) To secure more contracts in oil and gas or petrochemical industries globally and i foresee is very positive.



What we expect from? Increase revenue as follows:

1) Borsig 100% subsidiary - recurring supply parts with long term contribution of RM 1.25 Billion (Base on its record yearly increment of 20% sales) this is for sure. We expected Borsig will hit RM 1.5 Billion of revenue by end of 2020


2) Impress ethanol thailand 72% subsidiary - If full operational 500,000 litres with 99.9% a standard purity of ethanol is selling at RM 2.90 per litre = RM 2.90 X 500,000 litres X 365DAYS X 72% = RM 381 Millon of revenue by end of 2020

3) WTE - Waste to energy - We still have to look into this as whether KNM is in her position to become the operator or specialist contractor. So far, i can not foresee this because to become the operator will have to wait and take time after 3 years. If KNM manages to get on contract basis to build WTE, then, we have a very big high hope to generate some contract revenue and we are hoping that KNM will secure more contract from the government of Malaysia being a top market player.

4) As of today within the first six months since the beginning of November 2018 to June 2019 , KNM has nearly secured RM 500millon worth of contract and i expected another RM 500 Million to be in for second half of 2019 and this will generate in a total of RM 1 Billion for contract basis basing on the recovery in O&g market.

I estimate KNM group will generate RM 2.88 Billion (2.5billion at least)of revenue by the end of 2020


Looking forward, when we talk about RM 3.00 for KNM, i think it is possible if KNM provided WTE can come at the right time within the short period.

Please do not put high hope on silly price as you mentioned. My expectation to KNM price as follows:


RM 0.35 is for sure with average 1st quarter report base on PER of 15

RM 0.40 to RM 0.60 is for sure because the recent awarding of many contracts and recovery of oil and gas industry.

RM 0.65 reflecting on KNM NTA

RM 0.65 to RM 1.00 If the above mentioned are continuing, provided 2nd quarter report still profitable and more and more intuition, group investment will be In which has already met their investment criteria with increase of revenue and 2 consecutive quarterly profit.

RM 1.00 to RM 1.30 if the company intends to exercise the warrant by pushing mother share up. so that the warrant holder will subscribe to mother share.

RM 1.30 to RM 2.00 depending how far KNM can generate its profit and revenue. with RM 2.00, KNM Market capital is already RM 5.2 Billion i think is not possible to achieve within the next 2 year. unless KNM can generate yearly profit of RM 347 Million basing on PER 15

Let's put our hope to surpass RM 0.40, 0.65, If any positive news with 2nd quarter profit by end of August 2019, then we should hold until RM 1.00

Probably, you may say the recent KNM price has gone up by so much but don't forget this price is actually reflecting KNM. With high revenue and recovery of profit, don't ever think KNM will fall back to RM 0.07.

Impairment loss in accounting last year was a lesson for those who only look at the bottom figure.

Looking forward, as what i said, i will first to aim the price at 0.65 which reflects its NTA, Subsequently 2nd quarterly report end of August targeted with profit and the further price increase TP to RM 0.80.

Too early to talk about RM 3.00. If KNM can surpass RM 1.00, Apparently KNM-WB is going to be exercised and KNM will probably stay at RM 1.10 - RM 1.30 to attract more subscribers.

In order to support for further higher price, I am sure KNM will bag more contracts and more announcement would be made in due course.


Let's hope for the best, i believe KNM <- The legend is back.

In fact, Borsig has been very important for the past few years. Borsig is the one which contributed the most. Borsig is brought to KNM Malaysia mainly to step in new market place especially China.

Borsig has been doing very good in china market for the past 2 years, with global branding attached to KNM, KNM and its subsidiaries are capable to compete with other competitors, Hence, KNM's branding has become very famous and getting very popular in becoming a global market player for Heat exchanger, High and low pressure vessel, large splitter column as well as engineering firm in WTE, ethanol and petrochemical industries.

By searching from web, you can find market players in the similar industries having billion of USD market in coming years.

You can find KNM in the list of becoming one of the market players

http://b2bnewz.com/58779/global-industrial-heat-exchangers-market-2019-alfalaval-geurtsinternational-spxcorporation-ihi-spx-flow-doosan-api-knm/

https://www.marketwatch.com/press-release/unbelievable-growth-of-pressure-vessels-market-2019-growing-with-major-key-player-cbi-ihi-corporation-mitsubishi-heavy-industries-hitachi-zosen-morimatsu-lt-doosan-knm-spvg-mersen-jsw-etc-2019-05-06

https://www.reuters.com/brandfeatures/venture-capital/article?id=104838

http://theketchumkeystone.org/market-research-news/147147/heat-exchanger-market-2019-2024-market-forecast-by-technology-components-type-and-competitive-landscape/

Group of KNM

KNM - contract with announcement
Impress ethanol - does not require announcement
Borsig - does not require announcement
FBM Italianna - contract with announcement

Targeted revenue for next 4th quarter
KNM - Expected RM 600 million
Impress ethanol - Expected RM 120 million
Borsig - Expected RM 1.4 Billion
FBM Italianna - Expected RM 150 million

TOTAL RM 2.27 Billion revenue

Borsig doesn't require contract. Borsig with 175 years is mainly for the supply of process equipment and parts with long term recurring repeating business from its clients.

Just like Toshiba supply of parts and equipment.

That's why, you will never see any announcement of contract. This does not require announcement.

i like your word kongkam.....so long never hear people saying this...hahahaha

Further more, they said the whole project would take 5 years to complete. When i see this i wanted to laugh. My friend's relative bought a unit M101 bukit bintang and this small project has been taking 5 years to build but it seemed to be no progress at all now, on half way completion. Heard that this project has been changed a few contractors. Contractors all cabut already..i heard.

I saw their proposal for Tourism city in melaka and it is very attractive, but one word to say about its bungalow 480 lots. Do you think can sell ah? I have seen many of these bungalow lots stand a lone has become a jungle. A combination of Bungalow with commercial town ship is not workable. Selling bungalow land need to pump in money first to built the infrastructure before people will buy and most of the bungalow land skim project like this will end up with improper completion of infrastructure due to low demand.

May be, their need to think of building something instead of this.

stockhunter, you should have considered to shift from son to mother. Better

knm warrant is only the ting kosong, is goreng by different group who tries to take advantages of Knm.

Heard that M101 did not pay contractors for more than 9 months

Company has no revenue.....M101 projects all sangkut i think

SHIT...DROPPING....Below 10 cents

Forget about 3.00 lah...this will never happen

More projects to come i heard