Wah - all the paid CYTRO's had gone silent...knowing well that their propaganda failed

Legally, one is still a shareholder if proof can be shown of their share holding at the EGM day - 16 Oct!. The cut off of ROD on 11th Oct is purely administrative!

OtisKL - Not withstanding me still being in the money and having been in this chat grp long before you n in various other stocks, it isnt only value i look for , BUT Corporate Malaysia needs cleansing of characters like "TURNAROUND SPECIALIST RAVI" n "TY", hwos e primary goal is only to line up thei rpocket!

Cant understand why a ICAEW CA wants to work for a sinking Malaysian PN17 listed co?

This wont be the first time Negeri Royalty gets a real bashing from JOHOR ROYALTY!

Hail the new ROYALTIES and good riddance to old , corrupt ELITIST ROYALTIES!

OtisKL - yes, it will be down south to ANTARTICA

"The ultimate aim of KNM’s current mgmt is to trim colossal debts within 9 months, achieve sustainable future By Ravindrasingham Balasingham"

i WELCOME THESE TYPE OF STATEMENT but IS bursa AWARE OF THESE ISSUES WHICH WERE NEVER IN PUBLIC DOMAIN?

Looks like the CEO "a turn around specialist" is not cut out w the local BURSA regulations? If he is aware of certain info which ha not been pre shared w PUBLIC, the best is to issue statement to BURSA first and only then open is mouth!

Is he the kind that TY n geng is asking shareholders to vote for?

MacDee34 - you nailed it!

Now, all TY cytros n sycophants have run out thinking that TY is safe, l;ittle do they know that legally, anyone who has entitlement to be a share holder b4 EGM , can demand to be allowe dto attend!

So, here you go...the battle picks up again now that all these fellows been washed off!

doubleup | Joined since 2023-09-07 is pandering to the royalist TY grp!

TY'fs family cant beat the inteeligence, fortune and connection the German billionaire has. So, lets not talk about personality but more of performance!

So far TY's BOD n Mgmt hadnt been able to revive KNM despit situation being fav during pandemic and low O nG prices...If they couldnt do then - surely the huge debt has got to do w that but it cant be years and nothing concrete is done!

Only after EGM requisition the price increased!

Leave it to you guys

beware of the so many Co propagandists!

WIth such a huge volume traded, is Securities Commission watching as to who is involved in pump n dump or they just turn away as UMAR SWIFT is an interested party?

THose able to attend EGM are those on ROD of 11 Oct 2023. The sell is just a side show

Admin:

Pls take note of this threat by OtisKL on @Macdee

@Macdee34, who is KNM HR head? Perhaps we should invite her to read all the postings you made here. And see they contradict with any company's Confidential Information misuse and misstatement.

Are the confidentiality of Identity been breached at i3 investor site? This is serious

This forum is suddenly active with these newbies, whose postings only favour TY n his cronies!

For TY to say its Malaysians vs Germans he is effectively undermining BORSIG where bulk of operations are in Europe!

This is improper for a Chairman of isted co.

In ddition, just as EGM started, there is nes that Police Report against a former employee, who is also a directr had been lodged!

It just brings to us the case of a fellow who bought over shares of MM and it went bust. As he went digging and started to discover who the fraudsters were and filed case in courts against certain individuals, he was given problems by the authorities!

You know, then it was BN rule, where semua boleh if one had connection!

After a long fight he won it at highest court n now though laden w debt for his court cases, he is free from any charges





OtisKL | Joined since 2023-09-08
doubleup | Joined since 2023-09-07
Adagold | Joined since 2023-09-05
UpUpRocket | Joined since 2023-09-09
maxwin69 | Joined since 2023-09-07

The backing of Johor Royal family will be there...and the Negeri past royalty - who are shunned by current, just will loose out their steam!
Seems like these new accounts making all the false propaganda represents the now struggling to hold on to position of the outgoing directors.Instead, make TY the Chairman of CHIVAS REGAL? Boleh!

Been here for 5 years and am surprised of comments from "newbies" - One could only deduce that its the work of those spreading false propaganda to protect the outgoing directors. If they are good, why a need to be afraid and make it a national issue!

Thanks "OtisKL" for

1) admitting on lack of credible sources when you hailed the CEO as turnaround specialist. This alone would put paid to the expertise and acclaim of the CEO.His statement caliming that the "German billionaire was trying to own BORSIG cheap" is hardly free from bias or facts
2) of using AI scores in justifying "KNM is progressing well". When the reported losses exacerbate even under "credible personalities" and worsening cashflows, AI is of little use in KNM which has limited potential - other than extracting value of BORSIG - which the current Mgmt doesnt want to realise it for shareholders.

The current price spike can be attributable to the frenzied purchase "to shore up" as parties need the numbers to be on top of the resolution at EGM!

I for one together w the many are more than keed to have "knowledgeable and trusty personalities" to lead the Company - the last of which is for a CEO to be inwardly biased and openly favouring those who gave him a "lifeline" for his dead career.

And as the saying goes that "the proof of the pudding is in the eating" the most important question that comes up to the mind is that why would a CHARTERED ACCOUNTANT - ICAEW rush for a Malaysa BOD of a sinking Co if he was good at work, ie the delisting and total loss of value of MMM Bhd, another venture by MELEWAR Grp individuals? Asset stripping n commissioning?

Lets see how the non BOD controlled shareholders will vote?

FV of 38 sen as quoted by cytro of KNM cant hold that when the old BOD is expected to do the deal of sale or listing of BORSIG!

My comments early n the day seems to have "disappeared" - that was not complementary to current mgmt! Does this mean that i3 INVESTOR can also be censoring comments made here?

Current spike has to do w accumulation of shares towards the EGM...so whoever wants to win, will pack up shares and word is that Tunku Yacob will falll....royalists are losing war in Malaysia

"""KNM is not an exception, current management is a credible one. CEO Ravi is based on a market reputation that is a "turnover from losses to profits" guru""" - so says OTISKL...Thats the greatest joke of the month so far!

CEO RAVI is a failure - he was in merchant bank in Malaysia and ran off to UK doing menial jobs for small outfits. He was taken back by you know who to turn around Malaysian Merchant Marine (MMM) and you all know what a loss that came to be ...no turn around! The fellow who bought the carcasses ended up a sore loser though he claims to be a super professional! Then CEO Ravi disappeared.. His stint at EVERSENDAI is best expalined to you by the EVERSENDAI boss -another AK! Ever since he is at KNM, it had been a loss, loss and downward direction!

No need for him around...my votes will be for Andreas n his grp

TY was involved in so many businesses, all of which were failures, eg MAA, Melewar, Malaysian Merchant Marine and now KNM! Tactic was to strip assets, benefit thru commissioning deals ....KARMA will catch up on him!

Tunku Yaacob who had been sheltered for these long might not be able to exert the kind of influence he and his fathers family had during Mahahthirism....Lets hope that MCMC doesnt go overboard in banning TRUTHFUL publication about TY's shenaniganism.

KNM could go higher depending on which side has more funds, ie to mop up the shares n shore their interest before the EGM....

Is Ravi Balasingam the current CEO? He had worked for years w Tunku Yaacob and literally his macai in KNM, executing all the orders from above! A failed finance professional who could survive life in UK being a Malaysian citizen, he is now back here trying to have his connection to deliver success

Try stopping yr subscription - additional charges etc applies and even when one discards these nuisance calls and threatening messages, one gets an offer - to settle at 50% and more channels thrown in! Totally out of sync mn MCMC doesnt bother checking on them!

Rozahna, Ralph MArshall, Lim Ghee Keong etc are personnel of no worth....nothing could save ASTRO except a mega merger of MAxis, ASTRO and of course the National Telco - TM!
This will materialise soon before AK's health takes for worse!

This is KARMA for AK who has no regards to leave a legacy in and of his businesses - Just look at the way he relisted ASTRO n MAXIS, just to take the juice away for private listings and leave these ones w heavy debt including the huge shares tha Govt institutions are holding eg Khazanah, EPF and PNB Co's!

For too long ASTRO's MEmgt n key staffer had held the high nose attitude claiming them to be amongst the top Co - sadly without any proper metrics! Money is just thrown everywhere including now where overseas travel in first n business class had returned w hefty living allowances! The lessons of excesses of previous many Mgmt teams had not been learnt...

PUMPING again?

What's in the announcement?

Operator had taken over fundamentals...but once its out of PN17, funds will pour in!

WHy not got to RM2.90 ya? Its EPS is !.60 and PE is 1.65! WHy such disconnect to its prices

The plot thickens...they have recd RM1.30 as consideration for each CGB shares issued..market price is RM2.15; ie a premium of 85sen!

Whats next? Exit by the syndicate?

15 sen div gives an yield of approx 2.3%....likely for the price to go up further after PRN results where it wii be status quo

Should PRN bring status quo, the gaming outlets could be allowed to go online w stringent conditions and thus by pass the state regulations....These should see a sizeable rise in all gaming counters as well as GENTINgs...so, BJCorp should see a decent upward movement.

ROnny WU - USe this forum wisely...

Michael_chan2022 n many others - Can we have this forum in English pls? If u have something to share let it be for all to read!

Why down these few days?

Very slow moving...as long as MIAMI lad unsold, the stock will be as is

Once it was rm 2 plus and immediately fell to low RM 1 and then staright to less than RM1!

Mana ada bizness ini?

Yup this company is MCA fellow who lost in GE

Seems like a GORENG stock....4% of outstnding shares traded!

No economic justification...

1)HSR/MRT/LRT are all loss making
2) HSR gestation period is easily 7 yrs to completion from design of now - so why would any want to pay up for the white elephnat now
3) UEMS has 700 acres of land "stolen" from Malay farmers n fisherfolks during Tun M's time. Many now living in urban ghetto and had cursed the land n projects there - thats why you have Danga BAy, Medini etc giving only 1-2% return at best if there is occupancy
4) Property overhang is big issue there, esp West Johor
5) VVVVIP wants to take all, so nothing left to cream about

Is BJCorp the holding co of 7 11?

SO, whats the TP for BJCorp? Went high 34 but back down to 31? Whats yr view? Is it worth holding? Or VT has bigger plans unknown to us!

A friend has a 23 yr Camry Car which had to be modifed to 2.4 ltr engine as 2 ltr engine was not available at that time!

So, the road tax is RM700 plus pa and now w fuel subsidy taken away, imagine additional fuel bills of RM800 a month!

Is this fair when the car 's market value is only RM12K?

Easiest is to float fuel of all types to market and then target the sector that needs help!

Subsidies dont work..its wasted. The biggest PETROL Stations in this country are at Thai, Singapore and Borneo borders, where fuel traders have made a great living just by driving fuel trucks 4 times a day across borders like GOLOK! iT's easily RM400 profit each trip. These will take 8 hrs to be done!

RM491Mil gain is doubtful of being passed on to shareholders!

This is bizzare transaction. After selling, BCorp wants to form JV w the sub thats been sold!

SO, funds will be injected into ex subs....why the need for, esp if such project is bankable! Keep it for yr self lash, after all give the spate of marriages of VT's kids...its a BUMI Company already!