Posted by Jack Y > 2021-11-19 10:44 | Report Abuse

better sell-off that lost money product and factory, and acquire EV or semicom. these 2 are the future.

Posted by basicallysimple > 2021-11-19 10:59 | Report Abuse

Sardin already know dis… relli a dirty feller

Posted by Michael R. > 2021-11-19 11:08 | Report Abuse

now we know without BORSIG, KNM could die long time ago..

Posted by yingzhe17 > 2021-11-19 11:11 | Report Abuse

Another Karim in the making

Posted by Tesla > 2021-11-19 11:22 | Report Abuse

https://themalaysianreserve.com/2019/07/05/knm-maintains-growth-via-renewable-energy/

Just to confirm the old news of ethanol growth.

Posted by jek2288 > 2021-11-19 11:52 | Report Abuse

Turning green soon

Posted by stevenckheng > 2021-11-19 12:26 | Report Abuse

how to pay, they use all cash and Overdraft also cant pay

Posted by Hotstuff > 2021-11-19 12:46 | Report Abuse

like what sardin love to say: this Thai bond very easy to refinance, not a big deal lol.

Posted by Vhydro > 2021-11-19 14:01 | Report Abuse

When people fears, i greed

Posted by bookerhoot9eee > 2021-11-19 14:07 | Report Abuse

when people lost money , you bankrupt

Posted by Legend > 2021-11-19 14:11 | Report Abuse

TP 0.16....
TP 0.13....

Posted by Vhydro > 2021-11-19 14:21 | Report Abuse

So easy bankrupt meh

Posted by Vhydro > 2021-11-19 14:22 | Report Abuse

KNM bankrupt i also belum bankrupt la

Posted by Mars513 > 2021-11-19 15:12 | Report Abuse

It surprise that its share price not crashing down?

Posted by RJ87 > 2021-11-19 15:37 | Report Abuse

Market don’t think it’s bad news at all…

I wonder CGIF took what as collateral for the bond. Some lousy asset that KNM happily give is it?

Posted by basicallysimple > 2021-11-19 15:41 | Report Abuse

Where is nedgeon very suspicious

Posted by Dkk08 > 2021-11-19 15:56 | Report Abuse

get out fast on this potential pn17 ctr..

Posted by Citadel9999 > 2021-11-19 16:00 |

Post removed.Why?

Posted by Citadel9999 > 2021-11-19 16:01 | Report Abuse

mana sardin??? mana borsig???

Posted by Duckie88 > 2021-11-19 16:22 | Report Abuse

This counter… GG

Posted by Legend > 2021-11-19 16:47 | Report Abuse

ok...rehat dulu....esok cuti

Posted by jek2288 > 2021-11-19 17:21 | Report Abuse

IMany newbies cursing the useless borsik conman.where are they.

Posted by bojed > 2021-11-19 17:34 | Report Abuse

I used to believe KNM's ethanol business would drive their profit up too but how naive was I back then.

I'll give Borsig a chance in 2022, but for now they must come up with something concrete regarding this Thai bond first.

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bojed
4138 posts
Posted by bojed > Feb 1, 2020 9:39 AM | Report Abuse X

Sorry guys.

I'm already out at 0.33.

Everything went into KOSSAN 10 days ago.

I guess I'm wrong about KNM, although I've made 280% here.

Posted by MacDee34 > 2021-11-20 13:59 | Report Abuse

We have a lot of opinions and ideas here as usual. Truth is that time is needed here. There are plenty of assets and revenue in KNM to sort things out. This is a cash flow matter, not the end of the company or PN17 lah. It would harm all parties including the bond holders and cgif if they were to call a default and not allow the company to settle this in good time. This is cleanup time. We all need patience.

Posted by kabukiman > 2021-11-21 09:33 | Report Abuse

Agree. Cashflow is something the management need to manage and also make the big strategic decisions.

It is for this reason the previous management was booted out, and time will be needed to put knm back on the right track.

Posted by Mirage2000E > 2021-11-21 18:36 | Report Abuse

KNM is sinking it's almost impossible to pay $352 millions . Best get out before sinks further or Company declares Bankruptcy.

Posted by Citadel9999 > 2021-11-21 20:23 |

Post removed.Why?

Posted by InvesterD > 2021-11-22 17:12 | Report Abuse

I think KNM is having cash flow problem only. The asset is many times more than the RM352mil bond (even after deduct the debt). The management just need to act quickly to get the cash or to negotiate to extend the bond.

Posted by Jack Y > 2021-11-22 20:19 | Report Abuse

day day interest 5% ?

Posted by LeslieGoh > 2021-11-22 20:39 | Report Abuse

https://www.klsescreener.com/v2/news/view/913219

Posted by LeslieGoh > 2021-11-22 20:40 | Report Abuse

Run fast fast, si liao...

Posted by Flyinghorse > 2021-11-22 20:45 | Report Abuse

https://www.theedgemarkets.com/article/knm-proposes-10-private-placement-raise-rm53m-debt-repayment-working-capital

Posted by Legend > 2021-11-22 22:11 | Report Abuse

Finally...

Posted by datopanglima888 > 2021-11-22 23:15 | Report Abuse

matilanok

Posted by Legend > 2021-11-22 23:38 | Report Abuse

I'm coming home
Tell the world I'm coming home
Let the rain wash away all the pain of yesterday
I know my kingdom awaits and they've forgiven my mistakes
I'm back where I belong...

Posted by linxpeedy > 2021-11-23 07:39 | Report Abuse

And who is sitting on lots of cash and already a shareholder that wants more control ?

Posted by Legend > 2021-11-23 08:51 | Report Abuse

Morning 0.16...

Posted by RJ87 > 2021-11-23 09:23 | Report Abuse

MAA is footing the 50M…not bad..,

Posted by vcinvestor > 2021-11-23 09:37 | Report Abuse

not enough

Posted by Lightofheaven > 2021-11-23 10:35 | Report Abuse

buy more before it fly again
else you will big regret

Posted by Lightofheaven > 2021-11-23 10:36 | Report Abuse

take out 50k from rhb FD and throw my bullet in..huat ahh

Posted by linxpeedy > 2021-11-23 11:06 | Report Abuse

No one would invest RM 50 million unless there was a plan in place. Either build and streamline or asset strip. Either way finally someone who knows what to do. He has also said he wants to clear out useless board.
Just topped up shareholding. Now be patient and wait

Posted by MacDee34 > 2021-11-23 12:57 | Report Abuse

MAA has aligned itself with LSE. they can not be trusted to protect all shareholders. The shareholders all need to be involved in the management of the company, not just 1 guy who is aligned with what was removed in the past.

Posted by Jack Y > 2021-11-23 14:03 | Report Abuse

not sure MAA knows the bonds issue upfront or being chXXted onboard to KNM skinking ship. hahahahah..

Posted by jek2288 > 2021-11-23 14:51 | Report Abuse

Upward accumulation started.bought at 17

Posted by Jonathan Keung > 2021-11-23 20:03 | Report Abuse

MAA is not a newbie. They have their own investment team to evaluate any business venture or business proposal. remember MAA is an insurance outfit before cashing out

Posted by danny123 > 2021-11-23 21:47 | Report Abuse

Can go to Pn17?

Posted by kabukiman > 2021-11-24 06:08 | Report Abuse

@macdee: that's interesting development. Can you provide more details?

Posted by Legend > 2021-11-24 08:58 | Report Abuse

Selamat pagi...minum kopi dulu

Posted by Realinvest > 2021-11-24 13:07 | Report Abuse

Very good QR guys... Wait wat? Hoot kasi up.. Hahhaha