Checked and having an educated guess.
TY has spend ~140mil so far acquiring knm shares.

I see that TY is pumping in his own money to buy more n more knm shares.

How much has he spend dy?

Action always speaks louder than words.

While others just like to bark....sheesh

thx for the info SGX hoping for the best too

I got a feeling some people and group wants to push knm price down to buy.

They sound very desperate.....oho

Interesting. From the 2023 report, knm still has a lot of properties worth millions.
With the exception of italy which they have just sold off, the rough total value is rm638mil.

Rough calculation
638mil/4045 shares= 0.157c
Properties alone is worth 15 16c for knm shares.
Of course not including debt, cash or IP....
No wonder german guy so interested last time eh?

I am also waiting on the return on my investment in knm.

Buy or sell at your own risk.

woodswater. ya.
another one:
https://theedgemalaysia.com/node/707346

New act will help of course. How remains to be seen. They better hire well informed lawyers to kautim o. haha

Looks like they are using the new company act or law to apply for new agreement with creditors n a new RO.

New law does give more new things i am not sure but does again give creditors a vote to approve the debt agreement.
If majority votes ok, then will go thru.
I think last time hard to get all the creditors to agree la. Need all of them.Thats why dingdong so long.
This is what i think.

Maybe will be good this time round. Hopefully the listing in sg is soon also.
They need to step up n kasi news le

One thing i know, regardless of whatever, major shareholders will want to see their share value rise.
This includes the 3 big fellas in knm now.
So i think i am safe with my investments.
Anyways good luck to all.
Tata

Majority shareholders will now have to work together to get out of pn17.
Its all in their interests of course. They would want to see their share value rise.

Andreas n william are in. Yes.
This will be a unity board. I think is good to only have business minded ppl in.
Jphor tunku dun strike me as business minded

2 foreigners inside. Unity BOD.
Good also.
Check n balance.
Ikan bilis damn smart hehe

2 directors from german is a good thing. Not necessary bad.
Check n balance BOD. Good for us shareholders. Which german ones win?

Lol even the star and freemalaysia today are at odds.
1 side say abu bekir support TY and another says support johor.
Bloody not consistent

On a side note, tge founders lee n wife are another big chunk of shares. Maybe 10%? I dun know.
Do u think they want to see their value fall? They will need to decide who to support.
I think will be tunku. Why?
Who will not support those with concrete plans dei?

If the ipo is successful and the 1bil debts hounding knm are repaid.
The share price of knm will definately go up. How much up really depends on its valuation.
Plus if they manage to sell even the so called thailand n uk assets even better.
Remember this tunku yaacob has himself bought knm shares last time. About 86m at averqge 22c.
Do u think he doesnt want his value to go up as well? 86m is a lot of money.
I think knm will definqtely go up. Only needs time.

and a rough simple backend valuation on borsig listing in sg
they say borsig valued at 1500b

1500b/4000b jnm shares = 0.375
about 40c valuation is betul lo..tho a very rough estimate

from all the news and stories going on somewhat in this forum

big question. why borrow loans from a high interest rate environment to pay off the existing loan? weird and not feasible.
if borsig is really so good and profitable why does the german billionaire not take over knm privately? no money?
plus why does he not put his money where his mouth say? at least Tengku yaacob buys extra shares with his own money. Where is this german acquiring more shares?

why isnt the johor side or the aspiring management buying any shares in knm as well? if borsig is good why not buy in? even as i read the german side promoters on the info they spew out are also not consistent and not correct. sounds very hasty

as a reader I see that the current management's news and stories and on the public news channels star edge are more in line and consistent.

things to ponder and consider

put your money where your mouth is. Action speaks louder than words

old owner cease to be substantial shareholder. more new owners coming in?

i see i3 forum has really turn into a forum full of toxic dung...oh well. adios

all the insider or hearing rumors ppl has already bought. interesting

whatever the case i believe is very good news because stock price has been going up steadily and volume has been very 100 of millions

something big must really be happening. too rush and complex to arrange n announce?

good day

i find it a waste of time to talk to pasar malam traders. lol

lol

i trust tunku. he is a businessman. better to trust businessman than pasar malam traders

maa avg is at 22.7c but they started buying at 18c.... this is the floor

hotstuff steady. i share your thoughts. my avg is 21c. holding steady

tried to buy at 19c more...but cant.

so i have settled for 19.5c

those who bragged about buying at 20c n selling at 21.5c...i have no comment for you lot.

good luck

i trust my money with tunku

honestly, I trust my money and knm shares in the hands of MAA boss tunku yaakob.

businessmen will always find ways to do business...and thats why they will always be rich and successful.

instead of just arguing senselessly....or just finding unnecessary ways to JUST argue...

lol

enuf said

looking at the highest price this 1 year is at 30c....i say somebody bought at 30c. now is 20.5c...which means is a 33% portfolio unrealized loss.

and he is already panicking. 33% is not a lot. 50% is. if u are very uncomfortable in this price..just sell n move on.

Too much borsig stories will not help the price. not will it sooth your anxieties. the main reason your are worried is that you do not understand what the future holds for knm. and this negativity is eroding your confidence and you are 2nd guessing the price up n down.

this will kill you sooner or later. markets are ruthless. you will not get a 2nd chance.

you must have strong mind n conviction to hold in knm. why bother with what other ppl says in here? i dun care about other ppl opinions normally. i only care about the things happening in knm and its business operations. plus you have to separate emotions n logic from your investing.

i can see that u are super emotional just becoz of 33% drop.

the question is...does knm have hope and rise up again? i am sure everybody is asking this secretly

the way i see it, it does. with MAA as the major shareholder and the Lee taking a back seat, things will get better. just needs time.

MAA bought in at 22.7c...meaning knm will never drop below very far. lowest will probably be 19c we saw back a few days ago. it will go back up

thai bond can be easily refinance. knm has assets worth rm900mil over the world.

i have bought in and am keeping. my average is same about same as maa's. i can see knm has a lot of value to maa as a business.

cheers and good luck

november is here. how goes the thai bond? to be refinance?

i am sure Tunku yaakob has plans dy and are renegotiating now.

nobody will spend millions into knm sharesholding and throw his money down the drain.

i suspect a new chapter is coming for knm.

all existing management or some will resign n pave way for Tunku's ppl to manage

majority of i3 forummers are con artists. i3 should be closed down. good riddance

once in a while come in here to watch nonsensical pasar malam conversations is very funny and enjoyable.

ppl are sooooooooo short sighted....lol

cheers

this is not a pump n dump stock. this is an engineering company. it will need time to grow. its not a so called goreng stock.

buy at your own risk.

perhaps more PP will come in. they need money to grow.

169m of shares for Private placement to investors. so far done 2 tranches at 64mil@ 40c. still have about 100mil to place out.

for info sharing. cheers

knowledge is power

banks will not simply enforced u to pay back the full amount so easily unless u are bankrupt or totally out of ideas. like airasia, the coming nov thai bond of 370mil will most likely be refinanced.

i do not think there will be anymore rights as maa n tunku will not let u dilute their holdings. its simply logic n common sense

hoping will not do u any good. only facts n information

no. i expect prices to maintain for a while. i believe maa is collecting more. perhaps a few weeks. it will be unlikely to shoot up.

my opinions

or he can join forces with lees 8% n ceo tans parties of 7%. either way i think tunku will buy up to 15% at least. my opinion

reading you guys comments, i think tunku is really into knm for the long term. knm crown jewel is borsig. its worth 1.5bil i think. plus others assets. worth hundreds or millions.

i think tunku like knm assets and are slowly buyinh up shares to gain control. say buy up to 20% at 22 23c. 20% knm shares is about 600mil shares. spend 160mil to control assets worth a billion. cheap

smart investors are normally ppl of few words. and they are definately not short term traders.

plus knm has more than 3bil shares outstanding. its always easy to get an extra 100m shares in the open market

knm is very liquid

I am convinced kab is a long term stock to hold.

my humble opinions. cheers

i would expect knm's price to linger around 22, 23, 24c until maa has done collecting its full

my humble opinions. cheers

maa is still buying. are they looking for control of the company?

15% would be on the safe side.

with lee's 8% and tan's parties of 7% supporting them, maa could firmly be in control of knm with about 30%

who controls knm will control its assets. enuf said

Knowledge is power

It would be nice to have knm price range around 22 23c for a while if one were to collect more. Lol

Traders should read up on what kab is doing and its plans. Its very informative. Dun be lazy lol. Lazy will get u nowhere

I think this time will be very very different.

MAA has accumulated 10% of knm shares.

They could be seeking control on knm by acquiring more shares perhaps up to 20%

bear in mind knm has lots of assets worth up to 900mil now. crown jewel is borsig.

my humble opinions. thx. up to u to buy or sell
I have already bought shares in knm