Posted by yongyos > 2013-08-19 22:12 | Report Abuse

KNM needs to list Brosig to generate more cash flow and make its accounts looks good, then carry out more projects, maybe big one like 2.2B Peterborough project in London ...

Posted by Kitto > 2013-08-19 23:43 | Report Abuse

this counter will climb slowly..be patient

Posted by yongyos > 2013-08-20 10:11 | Report Abuse

OMG still want to collect this stock ....

Posted by yongyos > 2013-08-20 10:12 | Report Abuse

no point buying below 0.48.

Posted by yongyos > 2013-08-20 10:45 | Report Abuse

oic smart player

Posted by eSdM > 2013-08-20 14:21 | Report Abuse

finally... wil hv a chance to buy at around 0.43............ tis co is now also a euro recovery play....

Posted by eSdM > 2013-08-20 15:04 | Report Abuse

if tis round d price never dropped below 0.43 then we have found d floor.... d strongest of support level..... n from d day of release of qtr 2 result... it wil rocket up..... n b4 release of qtr 3 result.. it wil b 0.80 at least...

Posted by lching > 2013-08-20 15:07 | Report Abuse

looking back, consider lucky cause sold the stock at 55 cents with big loss. all the best to the others who still holding it.

Posted by eSdM > 2013-08-20 15:26 | Report Abuse

no buying back some.... 0.43... not dropping anymore....

Posted by lengjoe > 2013-08-20 15:29 | Report Abuse

ya agree i buy 500lot at0.43

Posted by yongyos > 2013-08-20 15:29 | Report Abuse

eSdM, I wish you were the boss, fund manager or analyst for KNM .....

Posted by lengjoe > 2013-08-20 15:34 | Report Abuse

but if ppl panic keep selling the price will keep drop but i will keep support....now i hear my friend at us fund don`t invest our malaysia..

Posted by yifie_911 > 2013-08-20 16:46 | Report Abuse

when will knm announce its qtr result?

Posted by lching > 2013-08-20 20:29 | Report Abuse

the only hope for KNM is the oil sand mining in Canada but there is limited progress.

Posted by yungshen1 > 2013-08-20 22:30 | Report Abuse

u are wrong lengjoe.i got posted before.us fund got invest knm share.

Posted by yongyos > 2013-08-20 23:31 | Report Abuse

yup u can see some big name of US fund there in the shareholders list and even tabung haji holding +4%, but from the performance of share price kept going down from year ago high of RM2+ down to now +0.40.
It went opposite way against other oil & gas co rally ... something is not right?
It has profitable Brosig, good projects, reasonable debts, high net book value per share, and also cheap share price ... something is not right? ... something is not right?

Posted by yungshen1 > 2013-08-21 08:00 | Report Abuse

today US dollars raise to 3.290 .knm will earn more money this second quaters.

Posted by j harcharanjit a/l jalaur singh dhillon > 2013-08-21 08:02 | Report Abuse

something is very fishy about this company

Posted by yungshen1 > 2013-08-21 08:07 | Report Abuse

i dun agree with u yongyos.the big shark released bad news to make the share price going down.and than collect at low prices .after that the big shark will gorang release good news.

Posted by yongyos > 2013-08-21 09:32 | Report Abuse

please accept the fact.

Posted by yazid7655 > 2013-08-21 10:49 | Report Abuse

what a day without any improvement.....

Posted by yongyos > 2013-08-21 11:29 | Report Abuse

KNM = Kejar Nak Mati

Posted by yungshen1 > 2013-08-21 11:40 | Report Abuse

KNM=kalau nak menang. ini kali lah. beri lah

Posted by uwan > 2013-08-21 11:44 | Report Abuse

yungshen, again...i believe stronger MYR/EUR will help boost the revenue but not the USD. Their business is biggest in europe. And i do believe the Q2 result will improve as the sold off the losing brazil business.

Posted by tallman > 2013-08-21 12:03 | Report Abuse

Latest news MYR/EUR is 4.5/1
I sure EU is recovering

Posted by eSdM > 2013-08-21 12:04 | Report Abuse

per 2012 account d america segment was d only one tat made loss.... loss of 34,031,000 to b exact..... wit d brazil unit sold.... tis segment wont drag down d rest anymore wef jul 2013...

so wit a much much stronger euro usd now.... qtr 3 result almost certain to b very good.... wait n c is safe.... but by then u cant get knm at 0.435 anymore.....

Posted by eSdM > 2013-08-21 12:08 | Report Abuse

qtr 2 result wil b out soon..... looking at yesterday n now.... it is more or less confirmed tat 0.435 is d bottom.....

Posted by yazid7655 > 2013-08-21 12:40 | Report Abuse

EU recovering will not influence KNM to be better

Posted by uwan > 2013-08-21 13:19 | Report Abuse

yazid, why do you said so?

Posted by yongyos > 2013-08-21 13:21 | Report Abuse

haiz ... very sad to say that people are looking 4 new high but we re hoping of bottom ...

Posted by eSdM > 2013-08-21 14:35 | Report Abuse

ask urself... wil knm ever b closed.. wound up??? if d answer is no..... n u hv bought it at its bottom... then d only way is up... up by a lot!

Posted by yungshen1 > 2013-08-21 15:20 | Report Abuse

eSdM how many lot u have now knm share.

Posted by yungshen1 > 2013-08-21 15:20 | Report Abuse

i think the most bottom price is 0.430. then it will rebound back

Posted by kcchongnz > 2013-08-21 16:01 | Report Abuse

Interesting subject. Can a public listed company go bankrupt?

Posted by eSdM > Aug 21, 2013 02:35 PM | Report Abuse
ask urself... wil knm ever b closed.. wound up??? if d answer is no..... n u hv bought it at its bottom... then d only way is up... up by a lot!

Why not? If you have no cash flow from operations each year. You have to fund your operations, capital expenses etc from whatever cash left in your balance sheet. The cash will disappear very fast without CFFO every year. You have no more tangible assets to sell to get cash.

Furthermore, you owe huge amount of money to banks (close to one billion. So interest payment alone is 60-70m a year. What if the banks refuse to rollover this huge amount of debts? What if suddenly there is a financial crisis and banks require KNM to pay back the loan in a short notice?

Don't worry, KNM has 1.8 b in net assets, or equals to RM1.21 per share. Really no worry? What if I tell you out of this 1.8b, 1.3 billion is intangible asset? Intangible! 369m as deferred tax assets, 900m as receivables, yeah what KNM claims others owe them but not paid yet, 850m in Plant and equipment, don't know how much they are fetched in a fire sale?

Oh, this is just for discussion purpose. No lah, no company can go bankrupt one.

Posted by eSdM > 2013-08-21 16:13 | Report Abuse

d big loan was used to finance d purchase of borsig... borsig is generating income.... tis income is paying d interest...

crisis coming to tail end.. n knm stil standing.....

in 2012 abt 29,000,000 goodwill was written off bcos it was no longer acceptable to d auditors to b termed asset..... hv d auditors written off d intangible d deferred tax d receivables n d plant n machinery.... n auditors in overseas r more stringent...

Posted by Hustle > 2013-08-21 16:14 | Report Abuse

kc loh your ideal price knock at the door liao :)

Posted by KC Loh > 2013-08-21 16:16 | Report Abuse

yup, watching it! :)

Posted by eSdM > 2013-08-21 16:26 | Report Abuse

ys1... i talk d talk... n walk d walk...

Posted by Alex Chan > 2013-08-21 20:55 | Report Abuse

again...they should sell borsig if they can't get it listed

Posted by Alex Chan > 2013-08-21 21:15 | Report Abuse

not much could save them now

Posted by gkheng > 2013-08-21 22:42 | Report Abuse

still far from 0.405

Posted by yungshen1 > 2013-08-22 07:16 | Report Abuse

dun worry guys .knm need to break resistance 0.445.then it will move higher.

Posted by charan das > 2013-08-22 07:51 | Report Abuse

beware of this company, full of lies

Posted by yungshen1 > 2013-08-22 08:06 | Report Abuse

i dun agree with u charan das.if u dun buy now.u will regred.

Posted by topseeker > 2013-08-22 08:36 | Report Abuse

there is no such thing as regret . dont buy now doesnt mean i wont buy later. KNM is a big ass company. need to becareful when buy this share. now downtrending. need to wait and see first

Posted by ganasai > 2013-08-22 08:46 | Report Abuse

key point is quarter result, if result good, then price will raise and ignore market current trend. Otherwise... Let bet.

Posted by asriruslan > 2013-08-22 09:26 | Report Abuse

knm achive target price RHB 0.42 now let see is that mean the bottom price

Posted by asriruslan > 2013-08-22 09:40 | Report Abuse

pressure selling become weak the price hit the bottom so what we waiting for let shopping cheap sale knm

Posted by yongyos > 2013-08-22 10:13 | Report Abuse

Got to make a move but wait n see the quarter result next week ... haiz ... never learn to cut loss short and let profit run ...

Posted by asriruslan > 2013-08-22 10:18 | Report Abuse

when quarter result announce by that time we are suppose start selling not start buying by that time they start dump share