KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.07

Today's Change

+0.005 (7.69%)

Day's Change

0.06 - 0.07

Trading Volume

5,750,000


72 people like this.

58,769 comment(s). Last comment by Woodswater 7 hours ago

dragonz98

86 posts

Posted by dragonz98 > 2022-02-25 20:30 | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 31 Dec 2021

Page 9
The Group reported a Losses Before Interest, Tax, Depreciation and Amortisation (“LBITDA”) of
RM442.75 million as against an Earnings Before Interest, Tax, Depreciation and Amortisation
(“EBITDA”) of RM244.99 million y-o-y, mainly due to the non-cash impairment loss on the ethanol
plant under construction, impairment of goodwill in order to reflect the fair valuation of assets and
additional project costs provided upon closure of certain long outstanding projects during the current
financial year.

Without all non-cash adjustments, the Group would have reported an EBITDA of
RM90.95 million in the current financial year.

Consequently, the Group reported a loss before tax (“LBT”) of RM634.73 million in the current
financial year as against a profit before tax (“PBT”) of RM81.14 million y-o-y, mainly due to finance
costs incurred for certain projects under construction within the Group which have been expensed off
into income statement in the current financial year.

Vhydro

1,553 posts

Posted by Vhydro > 2022-02-25 20:50 | Report Abuse

Impressive QR.
Same pattern repeat and repeat again.

Before QR if share price sudden spike and retreat immediately then QR is sure bad...

11395861

394 posts

Posted by 11395861 > 2022-02-27 16:35 | Report Abuse

Sure merudum

wjc4195

387 posts

Posted by wjc4195 > 2022-02-27 23:33 | Report Abuse

this is ESOS Company priority to BOD and Mgmt....not for investors. Useless

wjc4195

387 posts

Posted by wjc4195 > 2022-02-27 23:35 | Report Abuse

BOD and Mgmt should be investigated dumping bf QR

jek2288

353 posts

Posted by jek2288 > 2022-02-28 06:54 | Report Abuse

cornered stock.may be played up high.dont be surprised.buy buy now

Citadel123

352 posts

Posted by Citadel123 > 2022-02-28 10:20 | Report Abuse

heng ong huat to holland hahaha

jek2288

353 posts

Posted by jek2288 > 2022-02-28 12:53 | Report Abuse

holding strong.afternoon rebound green.

Legend

4,119 posts

Posted by Legend > 2022-02-28 13:04 | Report Abuse

mimpi ka

lekiu1407

32 posts

Posted by lekiu1407 > 2022-02-28 13:22 | Report Abuse

que buy high but keep falling...what happened??

11395861

394 posts

Posted by 11395861 > 2022-02-28 15:57 | Report Abuse

Where Tunku Yaakub........MAA mari maa

Macgyver11

2,434 posts

Posted by Macgyver11 > 2022-02-28 17:02 | Report Abuse

Mana itu sardin
Mana itu borsig

Semua sdh lari kah..kikiki

Noni

668 posts

Posted by Noni > 2022-02-28 17:09 | Report Abuse

Semua tertipu ...MAAAARI lari

Legend

4,119 posts

Posted by Legend > 2022-02-28 17:09 | Report Abuse

Sardin sudah kena goreng.

Posted by pjforsuccess > 2022-02-28 18:05 | Report Abuse

knm...lost making company....big boys short term play i think

Posted by pjforsuccess > 2022-02-28 18:07 | Report Abuse

don't believe Sardin, see chart and do your own homework

Jack Y

793 posts

Posted by Jack Y > 2022-02-28 19:21 | Report Abuse

duno how the MAA feeling now.

RedEmperor

156 posts

Posted by RedEmperor > 2022-03-01 07:20 | Report Abuse

Non cash impairment especially against Good Will is nothing of concern. This is showing that the management is responsible enough not to inflate the worth of a company.

Megan88

360 posts

Posted by Megan88 > 2022-03-01 08:58 | Report Abuse

Correct.. I don't get it some members here hasn't got a clue about finance and yet giving clueless comment

jek2288

353 posts

Posted by jek2288 > 2022-03-01 11:55 | Report Abuse

holding v. steady shaking off weaklings.ready for blast off

Posted by small_investor > 2022-03-01 12:18 | Report Abuse

Simple English written bulat bulat - Without all non-cash adjustments, the Group would have reported an EBITDA of
RM90.95 million in the current financial year.

Godofgambler

5,307 posts

Posted by Godofgambler > 2022-03-01 17:49 | Report Abuse

The worldwide supply of oil was already failing to keep up with demand. If Russia, the world's No. 2 oil producer, intentionally held back supply, it would likely send oil prices skyrocketing, dealing a painful blow to consumers around the world.
JPMorgan has warned that oil would spike to $150 a barrel in the event that Russia's exports are cut in half. That would translate to a roughly 41% increase from the recent high of nearly $106 a barrel.

Posted by bullmarket1628 > 2022-03-02 07:29 |

Post removed.Why?

Posted by bullmarket1628 > 2022-03-03 06:27 |

Post removed.Why?

21spade

173 posts

Posted by 21spade > 2022-03-03 11:51 | Report Abuse

price been holding steady and strong..anytime can shoot

Megan88

360 posts

Posted by Megan88 > 2022-03-03 13:10 | Report Abuse

Heng ong huat.. TP 0.30

21spade

173 posts

Posted by 21spade > 2022-03-03 14:21 | Report Abuse

ESOS again!! why?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-03 18:18 | Report Abuse

may god bless those who held this counter....... tomorrow i foresee a blood bath

linxpeedy

31 posts

Posted by linxpeedy > 2022-03-03 20:30 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3239666

Even higher profit recorded if not for there paper accounting to clean the books?

citadel888

532 posts

Posted by citadel888 > 2022-03-03 22:49 | Report Abuse

nice qr!!!! heng ah Ong ah huat ah!!!

THE ROCK

194 posts

Posted by THE ROCK > 2022-03-04 20:37 | Report Abuse

There is nothing bad about ESOS for KNM.....

THE ROCK

194 posts

Posted by THE ROCK > 2022-03-04 20:40 | Report Abuse

If ESOS is aprove for KNM and the target met....then KNM need not borrow much and at the same time....KNM would have some cash in the kitty...

Posted by bullmarket1628 > 2022-03-05 08:11 |

Post removed.Why?

Posted by bullmarket1628 > 2022-03-05 08:30 | Report Abuse

Oil price surges to multi-year highs as Russian supply shortfall looms
Energy Saturday, 05 Mar 2022
6:43 AM MYT

https://www.thestar.com.my/business/business-news/2022/03/05/oil-price-surges-to-multi-year-highs-as-russian-supply-shortfall-looms

NEW YORK: Oil surged on Friday, ending the week at multi-year highs as Russia's invasion of Ukraine intensified and oil buyers shunned barrels from the world's second-largest exporter of crude.
Crude prices posted their largest weekly gains since the middle of 2020, with the Brent benchmark up 21% and U.S. crude gaining 26%. The most commonly traded oil futures closed at levels not seen since 2013 and 2008, respectively.
Oil surged throughout the week as the United States and allies heaped sanctions on Russia that, while not aimed at Russian oil and gas sales, nonetheless squeezed its industry, and threatens a growing supply crunch in coming months.
Brent LCOc1 futures rose US$7.65, or 6.9%, to settle at $118.11 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1 rose $8.01, or 7.4%, to end at $115.68.

That was the highest close for Brent since February 2013 and for WTI since September 2008. During the week, Brent rose to its highest intraday since May 2012 and WTI its highest since September 2008.

Russia exports 4 million to 5 million barrels of oil daily, making it the second-largest crude exporter in the world after Saudi Arabia. Traders were barely able to sell Russian oil all week, with Shell PLC SHEL.L on Friday the only notable buyer of a Russian cargo, which was sold at a steep $28-discount to physical Brent crude. The tumult is likely to continue. The Biden administration, under pressure from lawmakers from both major parties, said it is considering options for cutting U.S. imports of Russian oil even as it tries to minimize the impact on global supplies and on consumers.
"While U.S. oil imports from Russia are small in a global context," UBS analyst Giovanni Staunovo said crude prices rallied late in the day because "some market participants might be concerned that other countries might follow that step."
Britain will look to target Russia's energy sector in future rounds of sanctions, its foreign minister said Friday. The government has resisted this move so far, due to concerns that it will push up energy bills. Most Americans support the idea of banning Russian oil imports, with 80% saying the United States should stop buying Russian oil, according to a Reuters/Ipsos poll completed on Friday.
Canada banned imports of Russian oil earlier in the week. Russia's largest buyers include China, South Korea, Germany and the Netherlands. Some refiners have stopped buying Russian oil, and trading firms are reluctant to transact with Russian sellers for fear of more sanctions.
Indirect talks between Iran and the United States on reviving the 2015 Iran nuclear deal were close to reaching an agreement, the chief British envoy said on Friday as she and her French and German colleagues flew home to brief ministers. Analysts said such an agreement could add another 1 million barrels of daily supply to the market, but that would not be enough to offset declining supply from Russia.More oil supplies are set to be added from a coordinated release of just over 60 million barrels of oil reserves by developed nations, agreed this week. Japan said on Friday that it plans to release 7.5 million barrels of oil.

KNMpower

65 posts

Posted by KNMpower > 2022-03-06 01:36 | Report Abuse

Impress Ethanol Co Ltd power !!

lekiu1407

32 posts

Posted by lekiu1407 > 2022-03-07 09:54 | Report Abuse

loss company no one care even crude price ATH now..sad

Legend

4,119 posts

Posted by Legend > 2022-03-07 13:24 | Report Abuse

Going down below 0.10 again

jek2288

353 posts

Posted by jek2288 > 2022-03-07 13:48 | Report Abuse

have confidence.rebounding v.soon .maybe this afternoon.

zhang

171 posts

Posted by zhang > 2022-03-07 15:09 | Report Abuse

Sifu wuchang say HOOT9E

Sniper98

25 posts

Posted by Sniper98 > 2022-03-07 17:24 | Report Abuse

bargain-hunting, careful for this sound, that is a no-buy signal, drop later for sure.

KNMpower

65 posts

Posted by KNMpower > 2022-03-07 23:07 | Report Abuse

Seems more project rushing in !! The oil company will increase their production! Please take note !

KNMpower

65 posts

Posted by KNMpower > 2022-03-07 23:08 | Report Abuse

KNM project rushing in !! Power

Posted by bullmarket1628 > 2022-03-08 06:46 |

Post removed.Why?

ocbc

919 posts

Posted by ocbc > 2022-03-08 09:45 | Report Abuse

Green energy counter

Posted by bullmarket1628 > 2022-03-09 07:02 |

Post removed.Why?

Posted by bullmarket1628 > 2022-03-09 07:28 | Report Abuse

Biden announces ban on Russian oil imports, calling it 'Putin's price hike'
March 8, 2022, 9:43 PM +08�/�Updated�March 9, 2022, 2:25 AM +08
By Kristen Welker, Peter Alexander and Rebecca Shabad
https://www.nbcnews.com/politics/politics-news/us-ban-russian-oil-imports-rcna19119

WASHINGTON ? President Joe Biden announced Tuesday that the U.S. will target "the main artery of Russia's economy" by banning the import of Russian energy products.
"We're banning all imports of Russian oil and gas and energy," Biden said in remarks from the White House. "That means Russian oil will no longer be acceptable at U.S. ports and the American people will deal another powerful blow to Putin's war machine."

The president warned that the move would probably increase gas prices in the U.S., but that it was necessary to ramp up sanctions pressure on Russia's economy for its war on Ukraine.�
?Putin's war is already hurting American families at the gas pump," Biden said. "I?m going to do everything I can to minimize Putin's price hike here at home.?
Biden's language clearly anticipated a concerted Republican effort to blame him directly for the rise in gas prices, which hit a record in the U.S. on Tuesday. With gas prices certain to become a huge political issue in this year's midterm elections, Biden devoted much of his remarks to focusing American anger directly on Putin, while also encouraging U.S. energy companies to produce more domestic oil.
The president said the U.S. had made the decision to ban Russian energy products "in close consultation" with allies around the world, particularly in Europe. He said many of those partners may not be able to take the same action.
"The United States produces far more oil domestically than all of Europe," said Biden, who said the U.S. is a net exporter of energy. "We can take this step when others cannot, but we're working closely with Europe and our partners to develop a long-term strategy to reduce their dependence on Russian energy as well."

Posted by bullmarket1628 > 2022-03-09 08:22 | Report Abuse

Oil surges as U.S. bans Russian crude, Britain to phase out purchases
By Shariq Khan. 9-3-2022

https://www.reuters.com/business/oil-see-saws-near-14-yr-highs-us-weighs-russia-oil-embargo-2022-03-08/

BENGALURU, March 8 (Reuters) - Oil prices settled around 4% higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year end, decisions expected to further disrupt the global energy market where Russia is the second-largest exporter of crude.
Oil prices have surged more than 30% since Russia invaded Ukraine, and the United States and other countries imposed a raft of sanctions. Russian oil and gas exports were already being shunned before the ban as traders sought to avoid running afoul of future sanctions.
U.S. President Joe Biden announced a ban on Russian oil and other energy imports. Britain said it will phase out the import of Russian oil and oil products by the end of 2022, giving the market and businesses time to find alternatives.

Brent crude futures settled at $127.98 a barrel, 3.9% higher, while U.S. crude futures settled at $123.70 a barrel, a 3.6% increase.

Russia ships 7 million to 8 million barrels per day of crude and fuel to global markets. European allies are not expected to join the United States in the ban, but major buyers there are already shunning Russian oil. Shell, the one notable major that did buy Russian crude, faced a torrent of criticism, including from Ukraine's foreign minister. On Tuesday, Shell said it would no longer buy Russian oil.
The disruption could ripple through other energy markets, as Russian oil and products are used for refining into other goods...

jek2288

353 posts

Posted by jek2288 > 2022-03-09 09:09 | Report Abuse

big jump again after collection!!dont get caught

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