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2019-06-17 09:51 | Report Abuse
As long as the debt is used for business expansion with productivity which will generate some incomes to cover back its borrowing interest and shall consider a good debt
2019-06-17 09:49 | Report Abuse
Debt is king OK......This debt is not a negative debt is a book value debt with strong asset.
2019-06-17 09:48 | Report Abuse
These debt in fact can cover by profit - profit from borsig itself can generate 19% profit of RM 1.3 Billion sale revenue.
2019-06-17 09:46 | Report Abuse
huge debt the most is paying interest of RM 70-80 Million a year. Huge debt is because of asset acquisition of borsig and expansion business acquisition like italia hudson and impress ethanol
2019-06-13 17:38 | Report Abuse
everyday drop half cent also...start shaking....
2019-06-11 22:40 | Report Abuse
I expected knm will generate high revenue in 2nd quarter.
2019-06-11 22:39 | Report Abuse
HANG SENG, I am just testing lovely99 of what kind reaction she is going to give.
Any way, people start watching this counter and they want to see the next quarterly result. If it is profitable in 2nd quarter.....this counter will fly no sound....
2019-06-09 13:13 | Report Abuse
Lovely99.....why are you putting so much of negative sentiment to this blog? You play hedging?
2019-06-04 00:17 | Report Abuse
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
2019-06-03 22:44 | Report Abuse
Lovely99....you still can not accept the fact. still talking hundred of million loss......asikkkk........been explaining ..until my neck long already you also can not understand.
I started buying when the price was at RM 0.28, I thought it won't go down to below RM 0.25. Unfortunately, crude oil crashed and it went down to 0.23 and i bought it again.
Again below 0.20, i bought again until all the way down to 0.07 i also kept on accumulating to average my cost. I talked to my self, someone is offering KNM, I need to buy at a discount price.
I nearly to become the top 30 list of shareholder and now i am still buying even though i am on paper gain now.
I am just like Sardin, tembak one stock. If you think the price is cheap, just buy it.
2019-06-03 17:38 | Report Abuse
This is because they bought at RM 0.27 - 0.30 and sold at RM 0.07-0.10 now they regret and wanted to push down the price by saying something negative.
2019-06-03 10:07 | 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.
2019-05-31 12:09 | Report Abuse
Currently, KNM has a good TA & FA + new ventures of businesses + Monthly awarding of new contracts.
With a better inflow of revenue. I am sure KNM will stand above RM 1.00 by end of 2020
2019-05-31 12:06 | Report Abuse
I only can foresee KNM profit for 4th quarters will at RM 60million, far away to hit higher profit.
KNM still need a support from analyst or fund manager to push up its price. Apparently, with a good fundamental FA, price will only go up constantly, if only rely on TA - Technical, price will not stay longer.
2019-05-31 11:54 | Report Abuse
XENZE
It is up to you, if i were you, i will buy mother instead of son.
My reason given as above. You are too new to stock market may be you have not gone through the other examples. Instead, you picked up Ekovest as a good example and applied to KNM. Both situation are different indeed.
You are thinking to invest with low capital buy with high return. But for others may be yes, but for KNM is no....
knm warrant still still remains at that level, eventhough if KNM price has gone up.
I am not saying KNM will get stagnant at 0.20 within the next 2 years. we are talking about expire date for warrant only left 1 year.
When the expire date gets nearer, warrant will be come no attractive, even though KNM price hit 1.00 at the expire date for warrant. As i said, unless KNM can hit above RM1.00 before the expire date.
In order to hit RM 1.00, KMN market cap shall be RM 2.3 Billion. Let's say, base on KNM's reasonable PER at 15, KNM shall show profit at least RM 153 million per year.
2019-05-31 09:32 | Report Abuse
My advise as follow
Knm - mother VS son
KNM-WB
Expired - 21/4/2020
Convertion ratio - 1:1
Convertion price - RM 1.00
Current price
Mother = RM 0.20
Son = RM 0.045
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 5 times
=Son loss RM 0.045
What if KNM close at RM 1.00 by end of this year 31/12/2019
=Mother gains 5 times
=Son probably at RM 0.15 , gains 3 times
What if KNM close at RM 0.50 by end of this year 31/12/2019
=Mother gains 2.5 times
=Son probably at RM 0.09 , gains 2 times
Buying Mother is better off than Son.
Unless KNM close at RM 1.40 on the expired date.
=Mother gains 7 times
=Son probably at RM 0.40 , gains 9 times
Only when you are confident with KNM to close at RM 1.40 on the 21/4/2020 only to consider buying son
2019-05-31 09:27 | Report Abuse
Ekovest is above the ex-price, KNM is below the ex-price and it is hardly to go above RM 1.00 within a year.
2019-05-31 09:25 | Report Abuse
XENZE...Better don't try warrant, Ekovest case is far different from knm warrant
2019-05-30 17:16 | Report Abuse
uptrend will normally slowly up....KNM TA and FA is good. People start buying.
As for KNM Warrant, Better stay far away. Unless Mother is at RM 1.00
Eventhough mother at RM 1.00 by the next year expire date. The warrant will still be zero value
2019-05-29 16:45 | Report Abuse
Very dissappointed....KNM in sleeping mood. If it continues sleeping...time to run or what
2019-05-28 20:11 | Report Abuse
Dear everyone, this Investor king has been trying to post something which is not related to KNM,
Click report abuse on his blog
2019-05-28 08:42 | Report Abuse
Lovely, what has made feel so upset? Seems like you are losing a million of KNM.
Don't worry, this time, put another 1 million you will gain back 5 million in 2 years
2019-05-27 17:49 | Report Abuse
OTHERS Multiple Contracts awarded to KNM Group Berhads subsidiary companies amounting to approximately RM97.720 million
KNM GROUP BERHAD
Type Announcement
Subject OTHERS
Description
Multiple Contracts awarded to KNM Group Berhads subsidiary companies amounting to approximately RM97.720 million
2019-05-26 19:16 | Report Abuse
KNM did not give dividend also good. They can use up the money to acquire more assets.
If company does give dividend every time, where got extra reserve fund to do other things.
2019-05-26 19:14 | Report Abuse
When KNM 1st quarter with profit around RM 15 Million on the 26/6/2016 the price was RM 0.43
When KNM 1st quarter with profit around RM 15 Million on the 28/5/2014 the price was RM 0.78
Now KNM has achieved nearly RM 15 million profit in 1st quarter the price is at RM 0.20
By right KNM should be worth more than that
2019-05-26 19:09 | Report Abuse
Investors will only look at what it is now and after. People will not look back what it was.
2019-05-26 19:08 | Report Abuse
Or you can not accept the fact that KNM is making profit? Or so envy of people here buying at cheap price, but you didn't grab when it was low?
Now i am telling you. RM 0.20 is very cheap now, Base on 1st quarter profit at 15 PE, The price should be at 0.35 including Private placement.
2019-05-26 19:02 | Report Abuse
Lovely99,
You are still talking about old story, past is past, why? company can not get improved?
2019-05-17 23:15 | Report Abuse
Goldensnow.....can not be lah...what source of evidence you found?
2019-05-17 18:03 | Report Abuse
Don't know these people will dump the shares when depositing to their CDS account or not
2019-05-17 17:11 | Report Abuse
if all these come true, KNM will have cash in bank nearly RM 1 Billion
2019-05-17 17:10 | Report Abuse
I expected KNM 1st quarter will swing to profit, coming with some good announcement of projects Oil and gas, subsequently WTE Waste to energy Malaysia, win the arbitration case and get back cash RM 400 million.
2019-05-17 16:44 | Report Abuse
In fact, Borsig is so much bigger than KNM. Only thing is KNM used money to acquire Borsig.
2019-05-17 15:47 | Report Abuse
Trade war is good for KNM.
Borsig is doing pretty good especially in 2018. Borsig a 100% subsidiary of KNM in germen just landed in China Market and lately had boosted up 20% increase of the revenue.
Many orders are from China since 2018 its began trade war. China has cancelled most of the orders from United States and will seek for a better alternative product from Germany.
One thing good about China is, Whenever they talk about their technology, they will add a word "from German Technology" eventhough a small spare part they also feel proud to associate with Germany.
Especially the increase supply of process equipment and heat exchanger. Borsig is now doing pretty well in china.
With this will generate an immediate profit to the group.
2019-05-14 09:31 | Report Abuse
tender open for WTE another 1.5 months remaining.......another great job in billion for KNM
2019-05-10 17:26 | Report Abuse
Incorporation of energy company.....may be standby to get Waste to energy job in malaysia after 2 months later
2019-05-09 22:29 | Report Abuse
XOX is no more hope. I sold my XOX share at 0.645 last four years and making a ton of money. XOX can go lower as 0.02 cents.
Stock: [KNM]: KNM GROUP BHD
2019-06-17 09:53 | Report Abuse
Who else don't have debt? Since first day we born and need to bear our country's debt what.