Posted by TheEqualizer > 3 weeks ago | Report Abuse

wow, knm is really cheap now.

Where is the German sausage? Now is time to get in and take over dude. gogogo

Posted by Selena Yeoh > 3 weeks ago | Report Abuse

Selling things sometimes not so easy. Can be quite challenging. Usually the first thing buyer ask is, if your thing so good why you sell?

After that they will ask for lots of discount. Usually if seller want to sell fast without delay they have to sell cheaper.

Posted by Ninja _07 > 3 weeks ago | Report Abuse

Next stop: 0.04

Posted by ocbc > 3 weeks ago | Report Abuse

This T bought at 0.165 , he sure need to get Borsig listed asap. Go for US listing faster n better lah. SGX too slow

Posted by SGX6138 > 3 weeks ago | Report Abuse

Tunku and German guy also bought a lot a high price compared to now. That's why Tunku must perform, and German guy cannot give up just like that. His leg is wet with water as the Chinese say.

Posted by dompeilee > 2 weeks ago | Report Abuse

Even billionaire lo$t badly to KNM...while I maintain my 100% win record fr 2010 -2019 by STAYING AWAY in '23-24!

Posted by KW L > 2 weeks ago | Report Abuse

German guy gave up, unloaded and believe will unload further

Posted by MrMojo > 2 weeks ago | Report Abuse

Ooo german sausage cabuting ka. But he still got 200mil + wor.
How to sell? Sell in open market he also pok-ai le.
U think he so stupi d sell until knm drop to below 5c? Lol.
But maybe he can sell in batch to others interested, maybe tunku or other big shots

Posted by MrMojo > 2 weeks ago | Report Abuse

I dun think german sausage will openly sell in open market all his 200mil shares. Will be a disaster for him.
All the best

Posted by MrMojo > 2 weeks ago | Report Abuse

So the question is why he sell 78mil shares ah? Need cash?

Posted by MrMojo > 2 weeks ago | Report Abuse

Knock down the share price?

Posted by RojaknMojak > 2 weeks ago | Report Abuse

hmm I wager something is going on behind the scenes lol.

Why did TY not addressed the fall in share prices? surely he knows its detrimental to his reputation n knm. Even the CEO is quiet. During the german saga, they came out with news so fast.

Strange. Perhaps german guy sold to some group in SG and waiting for listing news? Perhaps perhaps. For him to sell down like this also doesnt make sense...the share price will be too low for him to recoup his losses.

Dont forget that TY has his turiya cases settled and MAA has a lot of money incoming. Things could get or may not get interesting.

Watching and thinking......

Posted by Adagold > 2 weeks ago | Report Abuse

German guy bought at high price earlier. Now he got 2 choice - either keep fighting or cabut. Looks like he want to cabut because he knows he can't fight. No royal family to baack him up, no police or MACC backing very hard to fight. So, looks like he choose to take loss and cabut. If continue to fight he will lose even more.

Posted by MrMojo > 2 weeks ago | Report Abuse

Cabut by selling blocks of shares to others. U really think he will sell at 5c ka. Lol

Posted by MrMojo > 2 weeks ago | Report Abuse

Holding 6% of knm is very very different from short term traders who only trade few hundred or 2k ringgit

Posted by MrMojo > 2 weeks ago | Report Abuse

Sit back n enjoy

Posted by Auntylee > 1 week ago | Report Abuse

RO dapat tak?

Posted by signn > 1 week ago | Report Abuse

Looks like they are using the new company act or law to apply for new agreement with creditors n a new RO.

New law does give more new things i am not sure but does again give creditors a vote to approve the debt agreement.
If majority votes ok, then will go thru.
I think last time hard to get all the creditors to agree la. Need all of them.Thats why dingdong so long.
This is what i think.

Maybe will be good this time round. Hopefully the listing in sg is soon also.
They need to step up n kasi news le

Posted by signn > 1 week ago | Report Abuse

woodswater. ya.
another one:
https://theedgemalaysia.com/node/707346

New act will help of course. How remains to be seen. They better hire well informed lawyers to kautim o. haha

Posted by signn > 1 week ago | Report Abuse

I am also waiting on the return on my investment in knm.

Buy or sell at your own risk.

Posted by signn > 6 days ago | Report Abuse

Interesting. From the 2023 report, knm still has a lot of properties worth millions.
With the exception of italy which they have just sold off, the rough total value is rm638mil.

Rough calculation
638mil/4045 shares= 0.157c
Properties alone is worth 15 16c for knm shares.
Of course not including debt, cash or IP....
No wonder german guy so interested last time eh?

Posted by TheEqualizer > 6 days ago | Report Abuse

I am beginning to think german sausage should really take over.
This management is really dang slow in implementing reforms.
Sell thai assets? 18 months dy Still cannot find buyer ar?
No buyer for uk peterborough? No way la.
U believe ka.
I for one wont vote on their resolutions.

Knm need new blood dy. Sheesh

Posted by RedEmperor > 6 days ago | Report Abuse

why have to sell peterborough and thai ethanol, they are both good assets. Once money come in from the borsig listing, these two promising assets would be able to generate profitable income. The Thai factory went into disarray all because of nepotism(you know I know everyone know who this giver and who the receiver were) having a novice in charge.

Posted by TheEqualizer > 5 days ago | Report Abuse

the Annual report 2023 did mentioned about monetising the thai and uk assets. This means to sell them. begs to question why after 18 months still nothing?
btw the uk asset is only an empty land. or someone knowledgeable can help enlighten us.
This management is slow.....very slow.
Thats why German should come in. We need new blood

Posted by KW L > 5 days ago | Report Abuse

KPMG gives disclaimer of opinion.

Posted by Auntylee > 5 days ago | Report Abuse

The best AR ever seen 🤣🤣🤣

Posted by MrMojo > 5 days ago | Report Abuse

I kinda regret voting for them last year when german guy was contesting.
This management seems to have no urgency at all...

Regret...

Posted by 11395861 > 4 days ago | Report Abuse

Congrats Mr Sardine......provocation n prooaganda....last touch PN 17

Posted by Auntylee > 3 days ago | Report Abuse

Mana Sardine, lamo tak koman???😁

Posted by jenabchen123 > 1 day ago | Report Abuse

Ayo... Ini kaunter, longkang mahu pegi ka??

Posted by MacDee34 > 1 day ago | Report Abuse

Here we go with KNM! AGM time again. Probably the last one this time. Tunku Dato’ Yaacob Khyra (TY), KNM's Chairman, and his syndicate of crooks cheated the last EGM and lost the election by more than 10%. But it does not seem to matter to anyone. I wonder what he is hiding inside of the KNM Books and records that he needs to take such risks?

Most of us knew TY would cheat the moment the details of the EGM emerged. German investor Andreas Heeschen made a well-intentioned yet naive attempt to salvage KNM, only to be outmaneuvered by TY’s manipulations, leaving the foreign investor wary of further Malaysian ventures. Instead of manning up and taking action, Heeschen went back to Germany with his tail between his legs. The German attempted to take over KNM with the wrong type of EGM enabling TY to activate his cheating.

A police report was made and an investigation has been underway for some time, 100’s of shareholders has been interviewed. KNM staff members, the Group CEO along with the COSEC have been remanded and questioned by Bukit Aman Commercial Crime Investigation Department (CCID). We all know how long it can take for Justice to be served in Malaysia if at all.

Posted by MacDee34 > 1 day ago | Report Abuse

Likely TY and his syndicate alongside the trusty former MAA CEO, now CEO of Bursa Datuk Muhamad Umar Swift have slowed the process and have manipulated the system. It is hard to say if justice will prevail and charges will be made against those involved in the fraudulent voting and forged proxy forms.

I just found a story from March that explains many of the details. With Swift as CEO of Bursa, we know, as usual, nothing will happen to TY even if he is caught red-handed. The third-tier prince from Negeri Sembilan has a long history of intimidation and paid connections that should allow him to successfully escape from liability. However, in recent times, it is rumored that TY has failed to deliver promises to most of his followers requiring him to prepay for his corruptions.

Posted by MacDee34 > 1 day ago | Report Abuse

Maybe that is why MAA had to loan KNM 2.1 million to pay KNM's CEO Ravindrasingham Balasingham (Ravi) salary. After all, someone will have to become the fall guy! He certainly does not deserve such a salary, nor is he entitled to it. He is not qualified in the world of engineering as we all know. When it comes down to it, we know he will escape to the UK where he is a resident, and live happily after.

Posted by MacDee34 > 1 day ago | Report Abuse

We can't forget that it was LSE who started the downfall of KNM with his ESOS games, insider trading, and illegal corporate activities. He brought TY to KNM when he and his family was ousted by shareholders and the authorities. Is it not hard to connect the dots when you learn that TY obtained his controlling shares from LSE in an off-market deal when he took control over KNM. Until these crooks are removed from KNM, it will do nothing but fail. nobody but other crooks will do business with KNM.

Posted by MacDee34 > 1 day ago | Report Abuse

The AGM is upon us, but all we have is the ability to remove the crooks temporarily. We know the remaining board will just reappoint the same crooks back like they did with Steven Ho last year.

This management team does not know how to blow up a balloon let alone run a process equipment business. I see only a liquidation by creditors as a solution now. at least that would achieve about 50% on the dollar for creditors, but shareholders will be left with nothing.

Everyone should read the story, and be aware that TY and his buddies at MCMC may block access to it. So be prepared to use a proxy to access it.

https://infopulsetoday.com/tunku-yaacob-knm-vote-rigging-scandal/

Posted by Auntylee > 23 hours ago | Report Abuse

How come AR and auditors never disclosed that the top management had been remanded and questioned by police????🤔🤔🤔

Posted by Auntylee > 6 hours ago | Report Abuse

Practice Note 17 (PN17) company Ireka Corp Bhd said its wholly-owned Ireka Development (Terengganu) Sdn Bhd (IDTSB) and the unit's directors are being sued by the Employee Provident Fund (EPF) over unpaid contributions to the fund. The construction outfit said EPF is claiming a principal sum of RM50,196, representing total outstanding contribution from August 2023 to December 2023, along with dividends and late payment charges to be determined upon full settlement of the amount claimed. Ireka said there is no major financial impact from the lawsuit as the claimed amount has been recognised in IDTSB's financial

Posted by Woodswater > 4 hours ago | Report Abuse

https://youtu.be/DhhxFCZJPvU?si=SBQnocgyT1D_LqHG

0️⃣7️⃣0️⃣5️⃣2️⃣4️⃣

Posted by signn > 2 hours ago | Report Abuse

I got a feeling some people and group wants to push knm price down to buy.

They sound very desperate.....oho