P quoted "Likewise, even though other smaller service providers such as KNM Group may have the expertise in fabricating containment vessels and processing equipment, we are uncertain of their financial capability at this juncture," it added.
It is understood that several high-net-worth investors have also taken up positions in the company, including private equity fund manager Brahmal Vasudevan, who is founder and CEO of Creador. But it is not known if Brahmal’s investment is in his own capacity.
Expect next week oil price still uptrend position. So 0.23 still gain good volume support and foreseen stock price can move uptrend to TP1 0.28. If break 0.28,then will able to reach new high 0.33.
Oil price super bull now due Natural Gas Crisis where the price of Natural gas soaring to a record high and many north hemisphere countries are about to enter winter and cold weather where gas are the main component for heating. The shortage of natural gas prompted price sky rocketing and start to effect oil price because supplier try to find best replacement to gas which is crude oil.
Shareholders Name Equities % MAA Group Berhad 233,001,800 7.02% Perkasa Sistem Sdn. Bhd. 106,424,651 3.20% Aveda Assets Capital, Inc. 59,753,100 1.80% Kumpulan Wang Persaraan 58,120,800 1.75% Cheow Har Ooi 57,740,300 1.74% Kenanga Investors Bhd. 57,427,500 1.73% Norges Bank Investment Management 51,003,333 1.54% Tokio Marine Holdings, Inc. 50,440,000 1.52% Siew Liat Gan 47,296,250 1.42% Swee Eng Lee 47,116,434 1.42%
Holdings Name Equities % Valuation KNM GROUP BERHAD (KNM) 1,841,275 0.055% 112,944 USD
dispose Borsig? whatelse can KNM do after disposing the only profit making cash cow in KNM? Ethanol plant in Thailand has cease its operation therefore no income from Ethanol Plant at all. where is Peterborough WTE Plant??? from 2017 until today no updates from the company. no development no progression. another fail project. KNM has very good underlying prospect??? what prospect are you referring to if they are planning to dispose Borsig?
oil price has been recovered and stable since 2020 and most of the O&G company has improved their order book and KNM is still lagging behind? i see no prospect in KNM at all beside disposing their businesses to pair down their debts. KNM is going down for sure. expecting even lower revenue and loss for the coming QR
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ocbc
1,184 posts
Posted by ocbc > 2021-09-23 11:25 | Report Abuse
Opcom done, now back to KNM.......continue collection now....