Posted by ocbc > 2021-06-30 10:13 | Report Abuse

163 shareholders owning a combined 334 million shares, or 62% of the company's voting shares have voted against the fund raising scheme.

Meanwhile, 115 shareholders owning 203 million shares (37.8%) supported the plan.

KNM, in May, has proposed to issue up new shares of up to 30% of its share capital to raise RM168mil mainly to pare down debts.

***To those 163 shareholders who logged in and vote , good job !! ***

Posted by Joe > 2021-06-30 11:43 | Report Abuse

Operator press down...the price... Maybe can try 0.165....

Posted by Keeninvestor11 > 2021-06-30 11:46 | Report Abuse

Let them do whatever they like now. See how long they can continue to do so. Long term doesn't benefit them at all.

Posted by Joe > 2021-06-30 11:47 | Report Abuse

Yaa.... 0.165 done.....

Posted by Joe > 2021-06-30 11:47 | Report Abuse

Buy lower... q

Posted by PenghuluGia > 2021-06-30 12:15 | Report Abuse

Sell the London and Thailand project, reduce debts, qualify back to Syariah compliant status and enable bigger public institution to invest in KNM.

Posted by ocbc > 2021-06-30 13:36 | Report Abuse

Anyone know the status of the Peterborough project ?

Posted by Loh Kok Wai W > 2021-06-30 13:44 | Report Abuse

This counter...drink your blood.......how many times already ESOS n right issue.........all director eat small fish......last year i bought 0.235 50000 units;...hold two months... i cut lost sold 0.21 ....50000 units.........

Posted by RISK8888 > 2021-06-30 14:13 | Report Abuse

now PP gone, maybe they want to raise fund via right issue...maybe right? cause need money to pay debt...guess what price they want to set for right issue...

Posted by Citadel9999 > 2021-06-30 14:14 | Report Abuse

no more borsig story keh??

Posted by Joe > 2021-06-30 15:48 | Report Abuse

Some big fish is pressing down the price to buy cheap....

Posted by Jack Y > 2021-06-30 15:49 | Report Abuse

now waiting what is company new direction.... right issue? or sell the low profit business..

Posted by ocbc > 2021-06-30 17:28 | Report Abuse

right issue the best, all existing shareholders can inject cash. Many people eyeing KNM now as it's value for money now.

Posted by Vhydro > 2021-06-30 17:48 | Report Abuse

And with free warrant..

Posted by tongtamarat > 2021-06-30 17:50 | Report Abuse

"The proposed private placement is the most appropriate avenue, in line with the group's strategy to focus on operational savings, to raise funds for the group's ongoing fabrication and site works.

"These works relate to the group's process equipment contracts secured by the group's Malaysian operations. Additionally, the funds will be used to repay the group's bank borrowings to reduce gearing,"

Posted by Hotstuff > 2021-06-30 19:26 | Report Abuse

gone case. no pp no money to pay back debts. lower revenue recorded latest qr. next QR will incur more losses

Posted by Hotstuff > 2021-06-30 19:27 | Report Abuse

Lee Family will slowly give up this company and start another new firm

Posted by Hotstuff > 2021-06-30 19:27 | Report Abuse

no new projects announce since last year.

Posted by Vhydro > 2021-06-30 19:44 | Report Abuse

It is a good news if Lee family give up KNM and Im happy to see them start another new firm.

Posted by vickylau > 2021-06-30 22:38 | Report Abuse

https://www.entrepreneur.com/slideshow/321360

based on statistics 50% of founders are fired or kicked out from their companies.

Posted by vickylau > 2021-06-30 22:44 | Report Abuse

https://www.entrepreneur.com/amphtml/333712#aoh=16250639465494&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s

There have been many cases when the founder’s desire for control overtook their motivation for profit, and as a result, they couldn’t get any investor to come on board. This let to  almost 80 per cent of the founders out of the 212 US startups to be forced out of their position, instead of leaving willingly.

Posted by Vhydro > 2021-07-01 00:52 | Report Abuse

https://www.globalpetrolprices.com/Thailand/ethanol_prices/

Posted by Michael R. > 2021-07-01 12:58 | Report Abuse

BRAVO voters!!!

Posted by ocbc > 2021-07-01 13:01 | Report Abuse

Some cash rich company may want to take over this company.....don't be surprise...

Posted by vickylau > 2021-07-01 18:49 | Report Abuse

@ocbc new owners will come in, if not lee family and directors will not suddenly resign before agm.

the next question is whether lee family will fight back. As founders the attachment is there they won't simply give up. But from the recent agm results they should by now realise what and who shareholders want. Even if they rejoin they will definitely lose. better dont appear anymore in knm. they better sell all their stakes in knm. Go and invest somewhere else.

Posted by Ben333 > 2021-07-02 01:51 | Report Abuse

Guys, don't sell your shares, 1st hurdle cleared after LSE family has been kicked out. Watch out for new investors in the coming days.

Posted by Ben333 > 2021-07-02 01:57 | Report Abuse

LSE GROUP split into LSE FAMILY n Group X. Retail shareholders supported Group X then go LSE FAMILY. Knowing they will lose in the AGM/EGM, they withdrawn their nomination to avoid embarrassment

Posted by Bgt 9963 > 2021-07-02 08:33 |

Post removed.Why?

Posted by THE ROCK > 2021-07-02 16:14 | Report Abuse

Have to wait again....aiyooo

Posted by jek2288 > 2021-07-02 18:02 | Report Abuse

Be patient.year end 20cents tp

Posted by Jjkcl > 2021-07-02 21:00 | Report Abuse

buy

Posted by Nam Uni > 2021-07-02 21:43 | Report Abuse

so knm is in both o&g stuff and re stuff?

Posted by Nam Uni > 2021-07-03 03:11 | Report Abuse

tq for the info. sounds good

Posted by vickylau > 2021-07-03 08:10 | Report Abuse

@sardin you sound like knm employee:)

Posted by CHLEONG888 > 2021-07-03 20:31 | Report Abuse

never ending BORSIG

Posted by ox1973 > 2021-07-04 05:31 | Report Abuse

New management team, let bring KNM to the new high soon.

Posted by jek2288 > 2021-07-04 12:52 | Report Abuse

Waiting for fireworks monday.

Posted by MacDee34 > 2021-07-05 02:09 | Report Abuse

Sardin81, once this company is cleaned up and the assets can both perform and be properly valued, the sky is the limit. But there is a lot of work ahead.

Posted by Earthtime > 2021-07-05 10:34 | Report Abuse

Lousy ceo...failing in many respects..

Posted by Ben333 > 2021-07-05 11:08 | Report Abuse

Current CEO, Tan KP is LSE's puppet. Similar ex- deputy chairman, Aunty mdm Gan SL, LSE wife n puppet but knm paid her millions in director fee

Posted by Ben333 > 2021-07-05 11:10 | Report Abuse

I shall nominate sardin81 to the Board in coming AGM if I can have sufficient support. I'm lobbying now

Posted by Auntylee > 2021-07-05 11:50 | Report Abuse

Ben 333 Current CEO, Tan KP is LSE's puppet.
Betul ka? Like that how ah?

Posted by jek2288 > 2021-07-05 15:49 | Report Abuse

I have been loading in a lot after the agm.hopefully laughing my way to the bank later by year end

Posted by Hotstuff > 2021-07-05 19:48 | Report Abuse

bank will laugh at you

Posted by Auntylee > 2021-07-05 23:00 | Report Abuse

Jek2288I have been loading in a lot after the agm
Can you advise what is your TP by year end?

Posted by bullmarket1628 > 2021-07-06 14:48 | Report Abuse

PublicInvest Research maintains 'overweight' call on O&G sector
TheEdge Tue, Jul 06, 2021 12:31pm - 2 hours

https://www.klsescreener.com/v2/news/view/850661?fbclid=IwAR2cvUNJzDxLfid4u64YGkVr_wuluiXKEcwyCNqXrj8OvNQ9bRjJ2NYA0ek

KUALA LUMPUR (July 6): PublicInvest Research has maintained its “overweight” call on the oil and gas sector on the expectation that oil prices could jump to US$80 per barrel, given the rising global oil demand and supply which bode well for oil prices. 
Over the last 12 months, oil prices rose by over 70% — from around US$40 per barrel in mid-June 2020 to more than US$70 per barrel — due to optimism over the easing of Covid-19 restrictions for some of the world’s largest economies, it said.....

Posted by Joe > 2021-07-06 16:45 | Report Abuse

I think the big boss only wants to buy at 0.175 till 0.18....accumulation is going onn

Posted by Joe > 2021-07-06 16:46 | Report Abuse

That why the price can't go above 0.185

Posted by ocbc > 2021-07-06 18:42 | Report Abuse

later someone may just jump in , grab it and he will cry.....

Posted by Jjkcl > 2021-07-06 19:22 | Report Abuse

Hold