Posted by RISK8888 > 2021-05-31 21:21 | Report Abuse

so, profit down. share price up? this is BURSA trend now.

Posted by cploh03 > 2021-05-31 21:38 | Report Abuse

no more thailand ethanol, close?

Posted by Mainstreet > 2021-05-31 22:10 | Report Abuse

From the AR of KNM (Part 1: page 9) "The production of our bio-ethanol plant in Thailand was also substantially lower in FYE2020 due to the lockdowns, coupled the significant increase in the cassava chip prices in the second half of 2020 driven by high demand from China and limited supply caused by cassava deceases. As such, our local management team had taken various
cost control measures including reducing ethanol production, initiate contract farming and sourcing from cheaper and stable supply channels in the long run in order to reduce the cost of ethanol production and operating losses in FYE2020." So, I think the Thailand Ethanol revenue as reported for Q1/2021 is not included.

Posted by RISK8888 > 2021-06-01 08:36 | Report Abuse

Mr. Sardin, any comment on their latest QR?

Posted by JoshuaMS7 > 2021-06-01 09:08 | Report Abuse

yaya PP 0.175 but currently selling 0.160 - 0.165!! who is willing to buy esos even offer to us??

Posted by bullmarket1628 > 2021-06-01 09:16 |

Post removed.Why?

Posted by ganapathy18 > 2021-06-01 09:19 | Report Abuse

Director ENCIK MOHD RIZAL BAHARI BIN MD NOOR has resigned.

Posted by 11395861 > 2021-06-01 09:43 | Report Abuse

Yessss.....0.11 cent coming

Posted by bullmarket1628 > 2021-06-01 09:51 |

Post removed.Why?

Posted by drago_7 > 2021-06-01 10:17 | Report Abuse

Sardin sudah jadi busuk..

Posted by cploh03 > 2021-06-01 10:20 | Report Abuse

sardin nothing wrong, its the management problem of.the company,

Posted by Jack Y > 2021-06-01 10:21 | Report Abuse

PP price will change .. ESOS price 0.11 u wont buy??

Posted by 11395861 > 2021-06-01 10:23 | Report Abuse

Bad management....during USD$40 per barrel ....knm price 0.24 cent....now what happened

Posted by kabukiman > 2021-06-01 10:28 | Report Abuse

hence the call for all small shareholders pls unite and vote to not approve approve all 10 AGM resolution except for resolution 5.

This can be first step for better things to come.

Posted by Keeninvestor11 > 2021-06-01 11:17 | Report Abuse

100 % Agree with kabukiman.

Posted by MacDee34 > 2021-06-01 11:41 | Report Abuse

did anyone notice that sometimes a post you write here disappears after a few minutes?

Posted by Jack Y > 2021-06-01 11:49 | Report Abuse

yes...some of my post missing... not sure is system error or we posted so outside URL link

Posted by MacDee34 > 2021-06-01 11:50 | Report Abuse

i mentioned that the AR page shown as 160 is the auditor's report. the bottom half of this and the following page is very concerning. talks about inherently "uncertain" in reference to going concern and the bond maturing in November. we all need to look closely at this information.

Posted by MacDee34 > 2021-06-01 12:07 | Report Abuse

so if I get this right, Gan wants to dilute our shareholder value by 30% to pay back loans the company can't pay back itself from operations. then further somehow by November somehow they refinance the THB2.7 BILLION (not million) bond. or maybe they will pay that off with shares as well? where does all this money go? 2.7B ??? no phase 2 at the ethanol plant it was to be used to build. ethanol is not profitable to make according to the AR? where is the 2.7B???

Posted by Jack Y > 2021-06-01 12:11 | Report Abuse

too many question mark.. hope some ppl can consolidate all the question n ask in AGM..
transparency needs to improve..

Posted by MacDee34 > 2021-06-01 12:21 | Report Abuse

looks like the esos story that came out a few weeks ago was correct. the ESOS shares mostly go to Gan and her indirect interest. see page 45 directors interest (esos). shows 40 million for her and 75 million for her indirect interest. why does a glorified HR manager get all these esos shares and allowed to run a oil n gas company? she is not qualified to read a map let alone a drawing. the more I read, the more I see we have been played the fool.

Posted by 11395861 > 2021-06-01 12:46 | Report Abuse

Why management not support from thailand output to stabilise share prize...big bio ethanol at thailand n world class engineering borsig at Gemany.....for me this Chinese opera or wayang china from LSE n sardine81.

Posted by Hotstuff > 2021-06-01 13:08 | Report Abuse

dead counters. will soon enter PN17 and delisted. more bad news kicking in. this year only secure one contract Vue at 30m only.

Posted by Hotstuff > 2021-06-01 13:09 | Report Abuse

so called recurring income from ethanol is gone. next QR will record even lower revenue.

Posted by Citadel9999 > 2021-06-01 13:10 | Report Abuse

where borsig??? mana sardin?? keep buying now or what???

Posted by Jack Y > 2021-06-01 13:13 | Report Abuse

will not go into pn17...unless really got 1 big share holder beh tahan and report..else life goes on--- PP, right issue, ESOS, reseve split......then PP , right issue, ESOS , RS again ......no ending.... ( i feel only, may not true)

Posted by Citadel9999 > 2021-06-01 13:15 | Report Abuse

this stock is dead

Posted by Jack Y > 2021-06-01 13:15 | Report Abuse

reputation very important... check with genting..... during full lock down, share price still rasing ~ ^^

Posted by cploh03 > 2021-06-01 13:18 | Report Abuse

thats the reason for small shareholder to attend agm and vote

Posted by Macgyver11 > 2021-06-01 13:19 | Report Abuse

Admin removed your post...kikiki

Posted by kabukiman > 2021-06-01 13:43 | Report Abuse

fiduciary duty of a director: is to the best interest of the company (KNM).

Not the best interest of major shareholders of KNM.


why only placement to major shareholder and selected investors?
Why not rights issue to all shareholders? Thats what Icon Offshsore did. Alam did.



I call all small shareholders pls vote to not approve all AGM resolution. Then new management can come in, unearth all the question marks, stop the hanky panky if any.

Posted by kabukiman > 2021-06-01 15:03 | Report Abuse

its a shame KNM has improved in 2020. highest profits in a long time bla bla bla.
2020 auditor statement; mei wen ti. Auditor on
ly highlight the judgment call areas.


Admittedly new covid challenges in 1Q 2021 is a dent, but still the underlying belt tightening is good performance and indicator for KNM.


what is disconcerting is:
1. Why on earth the company sell treasury shares in Apr 2021 at 18.5 and 19.5sen? Total sold: 21.5mil shares. What benefit to KNM? so hard up for cash ah?
Dont tell me KNM needed this RM 4mil - if not company go bankrupt? got ah?

2. KNM also sold 6.5mil treasury shares on 29 december 2020 for 20.5sen.

3. Fact is company only buyback 6.5mil shares on 9 march 2020 for 15 sen, the other treasury shares carrying value RM 2++ level.

So why would directors of company deem fit to sell 21.5mil shares at 90% loss? Director better answer this.

because i see it as purely to depress share price.




and the substantial shareholder?
1 Jan 20: 381 mil shares
in 2020: buy 101 mii shares. Sell 203 mil shares.
31 Dec 20: 279 mil shares.

so now want to issue another 300mil shares just for her?

the F. F. F.

Posted by 11395861 > 2021-06-01 15:13 | Report Abuse

Telor tembelang sudah pecah.....haiyaaa banysk busuk lorrrrr

Posted by 11395861 > 2021-06-01 15:16 | Report Abuse

Better invest others counter.....like AT...AAX..Armada

Posted by pampers > 2021-06-01 16:07 | Report Abuse

As I said before, the selfish management and it's frequent PP making KNM can't move ,or even moving down, their report has been improving and the oil price is going upwards...KNM should have been performing well...But just too bad... Greedy and selfish management that is making the whole things ugly...

FYI, sardine keep saying knm performance is nothing to do with oil price, bro..Even if their own report saying that oil price is definitely has a great impact on its business...

Posted by jek2288 > 2021-06-01 16:16 | Report Abuse

Not to worry giys.buy now or never.TP Sardin coming v.soon.

Posted by Macgyver11 > 2021-06-01 17:05 | Report Abuse

Shift to Armada lerr..super engine now. Soon flying to Mars. Wasting time only arguing. Kikiki

Posted by MacDee34 > 2021-06-02 07:12 | Report Abuse

Someone asked me for the link to the Lee Swee Eng statement of claims for the insider trading charges. I found it again. It is below:

https://www52.zippyshare.com/v/vm2gW2RM/file.html

I think you can download it as well.

Posted by 11395861 > 2021-06-02 09:06 | Report Abuse

LSE.....what you do to knm....minority shareholder know about this

Posted by bullmarket1628 > 2021-06-02 09:12 |

Post removed.Why?

Posted by JoshuaMS7 > 2021-06-02 10:10 | Report Abuse

gg.com 0.155 - 0.160, going to break 0.155 soon!!

Posted by jek2288 > 2021-06-02 10:44 | Report Abuse

What about TP RM1? achievable?

Posted by 11395861 > 2021-06-02 11:38 | Report Abuse

Tp RM1....imposible

Posted by makemoney1 > 2021-06-02 11:39 | Report Abuse

everyone shall make a report to minority watch dog

Posted by makemoney1 > 2021-06-02 11:52 | Report Abuse

The KNM Group Berhad Shareholders have been disadvantaged without the knowledge of the illegal activities of its current CEO Lee Swee Eng his KNM cohorts by continuing to support unknowingly the illegal activities of KNM Group Berhad Directors. It is likely the shareholder elections would have gone much differently if the shareholders were properly informed.

The AGM for KNM is dated 29 June 2021. Four of the directors that control the KNM Board including Lee Swee Eng’s HR manager and wife Gan Siew Liat are up for re-election. Many Shareholders say that is not likely Gan Siew Liat will be re-elected.

https://freesuntimes.com/knm-group-director-and-ceo-lee-swee-eng-found-guilty-of-violating-bankruptcy-law-in-an-attempt-to-harm-creditors/

Posted by makemoney1 > 2021-06-02 11:53 | Report Abuse

https://freesuntimes.com/wp-content/uploads/2019/07/07__Pdt.Sus-Actio_Pauliana__2015__Pengadilan._Niaga.Mdn_.pdf

https://freesuntimes.com/wp-content/uploads/2019/07/15-K-Pdt.Sus-Pailit-16-tlk.pdf

Indonesia court case. Status

Posted by makemoney1 > 2021-06-02 11:57 | Report Abuse

@Sardin81 I think you shall join to reject all the proposal as well. Since you also hold a big amount of the shares. If everyone is on this together the chances of kicking the management will be high since the news is already published publicly I think management will lose this round. I rather want to vote for those german to take over and change name to borsig

Posted by Jack Y > 2021-06-02 12:02 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KNM GROUP BERHAD ("KNM" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 30% OF THE ISSUED ORDINARY SHARES IN KNM

Posted by Jack Y > 2021-06-02 12:02 | Report Abuse

really WTF

Posted by Citadel9999 > 2021-06-02 12:06 |

Post removed.Why?