KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.07

Today's Change

-0.005 (6.67%)

Day's Change

0.065 - 0.07

Trading Volume

5,351,100


72 people like this.

59,032 comment(s). Last comment by Woodswater 1 hour ago

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2021-09-26 15:32 |

Post removed.Why?

Legend

4,119 posts

Posted by Legend > 2021-09-26 16:47 | Report Abuse

downtrend...0.20...0.16...

jek2288

353 posts

Posted by jek2288 > 2021-09-26 17:28 | Report Abuse

Tomoro week gap up.looking at 30+ after accumulation by big boys last 3 weeks.buy it below 30 before too late.

Joe

1,478 posts

Posted by Joe > 2021-09-26 22:27 | Report Abuse

I thought 0.25 cents cheap... But when down to 0.23...i dont know next...?

williamtkb

3,216 posts

Posted by williamtkb > 2021-09-26 22:56 | Report Abuse

If 23cents never broken may have a rebound

Soonyon

1 posts

Posted by Soonyon > 2021-09-27 01:07 | Report Abuse

Nedgeon
Actually which part KNM focus on?
And the prospect din't mention about hydrogen?
But The above comment I saw green hydrogen is very good in future right

Woodswater

3,783 posts

Posted by Woodswater > 2021-09-27 09:09 | Report Abuse

Joe I thought 0.25 cents cheap... But when down to 0.23...i dont know next...?
26/09/2021 10:27 PM

everage down each 10% drop as

250 -10% = 225
225 - 10%= 200
200 - 10% = 180

downside back to square is -30@% !
trade at own risk

wakakakaka

Posted by bullmarket1628 > 2021-09-27 09:12 |

Post removed.Why?

genwong1

120 posts

Posted by genwong1 > 2021-09-27 09:48 | Report Abuse

Can sustain above 0.25c ?

Posted by lovelife888 > 2021-09-27 09:54 | Report Abuse

top 1 ady..

Posted by bullmarket1628 > 2021-09-27 09:56 |

Post removed.Why?

B4b4

7,597 posts

Posted by B4b4 > 2021-09-27 10:12 | Report Abuse

Good news coming from Lukoil. Buy knm now.

param1

782 posts

Posted by param1 > 2021-09-27 10:21 | Report Abuse

25 c3nts lol ….who dares wins

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-27 12:34 | Report Abuse

Comingggggggggg

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-27 12:34 | Report Abuse

Big announcement on the way

Alexloc04

87 posts

Posted by Alexloc04 > 2021-09-27 13:01 | Report Abuse

Godofgambler Big announcement on the way

27/09/2021 12:34 PM



Mind to share what announcement?
See whether to add on extra lots for this counter.

Posted by Jonathan Keung > 2021-09-27 13:48 | Report Abuse

Cornerstone { big institution investor }?

Marihome

140 posts

Posted by Marihome > 2021-09-27 13:52 | Report Abuse

cakap kosong je

genwong1

120 posts

Posted by genwong1 > 2021-09-27 14:07 | Report Abuse

what good news ?

mf

29,216 posts

Posted by mf > 2021-09-27 14:12 | Report Abuse

Evergrande Group shares in Hong Kong were flat. The embattled developer continued to stay silent on a key $83 million dollar bond interest payment that was due last Thursday.

bulldog

12,157 posts

Posted by bulldog > 2021-09-27 14:40 | Report Abuse

Accumulation in progress

Huat chaiii

airbus380

394 posts

Posted by airbus380 > 2021-09-27 14:41 | Report Abuse

.55 coming soon

Posted by bullmarket1628 > 2021-09-27 14:46 | Report Abuse

Bursa Energy Index up the most as oil prices hit three-year highs
TheEdge Mon, Sep 27, 2021 10:40am - 4 hours ago View Original

https://www.klsescreener.com/v2/news/view/885487/bursa-energy-index-up-the-most-as-oil-prices-hit-three-year-highs

KUALA LUMPUR (Sept 27): Bursa Malaysia’s Energy Index rose as much as 19.78 points or 2.78% to 731.32 this morning, becoming the top percentage gainer among bourse gauges, after oil prices hit three-year highs.
At 10.19am, the index, which tracks share prices of oil and gas (O&G) related companies, settled at 727.82, still up 16.28 points or 2.29%.
KNM Group Bhd, which was the most actively traded stock, gained as much as 2.5 sen or 10.87% to 25.5 sen.
At 10.19am, the counter had pared some gains at 25 sen, still up two sen or 8.7%, with 73.69 million shares traded.
Meanwhile, Bumi Armada Bhd increased by one sen or 2.27% to 45 sen; Perdana Petroleum Bhd grew half a sen or 4.35% to 12 sen.
Reuters reported that oil pushed past its July peaks as global output disruptions forced energy companies to pull large amounts of crude out of inventories, while a shortage of natural gas in Europe pushed costs up across the continent.
At the time of writing, Brent crude oil had added US$1.26 to US$79.35 (about RM332) a barrel, while West Texas Intermediate crude was US$1.21 higher at US$75.19.
""Supply tightness continued to draw on inventories across all regions," ANZ Research said in a note quoted by Reuters.
Rising gas prices also helped drive oil higher as the liquid became relatively cheaper for power generation, ANZ analysts said in the note.

Woodswater

3,783 posts

Posted by Woodswater > 2021-09-27 15:17 | Report Abuse

Malaysia's King visits Battersea Power Station

PETALING JAYA (Sept 27): The Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, the Raja Permaisuri Agong Tunku Hajah Azizah Aminah Maimunah Iskandariah and the Yang Amat Mulia Tengku Arif Bendahara visited Battersea Power Station in Central London, United Kingdom, last Friday (Sept 24)

izoklse

5,272 posts

Posted by izoklse > 2021-09-27 21:44 | Report Abuse

Natural gas soaring like no tomorrow. Oil price following the roaring super bull. KNM should benefits from this as a downstream player.

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-27 23:39 | Report Abuse

Wait oil counters to rally

Posted by bullmarket1628 > 2021-09-28 07:42 |

Post removed.Why?

Posted by bullmarket1628 > 2021-09-28 09:28 |

Post removed.Why?

Posted by Jonathan Keung > 2021-09-28 12:08 | Report Abuse

Tech stocks will be the main beneficiary under 12MP

Posted by bullmarket1628 > 2021-09-28 12:41 |

Post removed.Why?

ocbc

1,184 posts

Posted by ocbc > 2021-09-28 13:49 | Report Abuse

CEO-TKP buying own company shares is a good sign.

8u29song

2,932 posts

Posted by 8u29song > 2021-09-28 14:16 | Report Abuse

cross 3 pls....

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-28 14:35 | Report Abuse

Aiyoooooo

MPREBA84

12 posts

Posted by MPREBA84 > 2021-09-28 14:39 | Report Abuse

0.26…

limontea

1,171 posts

Posted by limontea > 2021-09-28 14:39 | Report Abuse

good rebound

Posted by Newstocker123 > 2021-09-28 14:50 | Report Abuse

0.26 keras

genwong1

120 posts

Posted by genwong1 > 2021-09-28 14:52 | Report Abuse

break 0.26 and all the way

shiby

217 posts

Posted by shiby > 2021-09-28 15:18 | Report Abuse

You all will regret not collecting low

Posted by Jonathan Keung > 2021-09-28 15:45 | Report Abuse

Petronas moving & diversifying more downstream operations.good opportunities for KNM

Hotstuff

3,291 posts

Posted by Hotstuff > 2021-09-28 17:07 | Report Abuse

low is not 0.25 but 0.15

Posted by bullmarket1628 > 2021-09-28 17:59 | Report Abuse

Company Announcement
OTHERS Award of Contract by PEC Powercon Sdn Bhd to KNM Group Berhad's Wholly-Owned Subsidiary, KNM Process Systems Sdn Bhd amounting to approximately RM13.4 million

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3195855

KNM Group Berhad


Description: Award of Contract by PEC Powercon Sdn Bhd to KNM Group Berhad's Wholly-Owned Subsidiary, KNM Process Systems Sdn Bhd amounting to approximately RM13.4 million

1.     Introduction
 
KNM Group Berhad (“KNM”) is pleased to announce that its wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”), has on 28.09.2021 signed a contract with PEC Powercon Sdn Bhd for the Pre-Fabrication Tank for Combined Cycle Power Generating Facility of up to 1,200mw at Pulau Indah, Selangor , amounting to approximately RM13.4 million  (“Transaction”).
 
The supply and delivery duration of the Transaction is for a period of approximately 11 months from the date of the contract.
 
2.     Information About the Parties
 
KNMPS was incorporated as a private limited company under the law of Malaysia on 28 June 1990 and it is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers and specialized shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide inclusive of solar PV installation work and solar leasing.
                                            
PEC Powercon Sdn Bhd was incorporated as a private limited company under the law of Malaysia on 18 February 2020 and principally involve in construction of building n.e.c.   
 
3.     Financial Effect of the Transaction
 
The Transaction is expected to contribute positively to KNM Group’s earnings for the financial year ending 31 December 2021 and 31 December 2022.
 
4.     Risk Factors

The Transaction is subject to certain commercial and financial risks mainly in the power, oil, gas, petrochemical, and energy industries. These include changes in general economic conditions such as, but not limited to inflation, environmental, health and safety regulations, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions.
 
KNM is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in these industries.
 
Although KNM with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of KNM.
 
5.     Approvals

The Transaction is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country.
 
6.     Directors' Statement
 
Having considered all aspects of the Transaction, the Board of Directors is of the opinion that the Transaction is in the best interest of KNM.
 
7.     Directors' and Major Shareholders' Interest

None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Transaction.
 
8.     Documents for Inspection
 
Details of the Transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays.
 
 
This announcement is dated 28 September 2021.

Posted by bullmarket1628 > 2021-09-28 18:05 | Report Abuse

Wow, super good news !
KNM grabbed another big project of RM13.4 million ringgit !

Like that tommorrow KNM going to limit up liao lah !
Tommorrow KNM probably
will be closed at => 0.55 (+0.30) (+150 %)

Huat ah, Heng ah, Ong ah !

freddiehero

16,722 posts

Posted by freddiehero > 2021-09-28 20:26 | Report Abuse

ready for tomoro limit up?

Skng Keong

1,256 posts

Posted by Skng Keong > 2021-09-28 21:54 | Report Abuse

Tonight can start Dreaming.....

Zrenxy

620 posts

Posted by Zrenxy > 2021-09-28 23:24 | Report Abuse

Comer handal energy...flying faster, knm too heavy oil m gas coming

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