KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.065

Today's Change

+0.005 (8.33%)

Day's Change

0.06 - 0.065

Trading Volume

492,800


72 people like this.

59,048 comment(s). Last comment by coolinvestor 5 days ago

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 10:34 | Report Abuse

as long buyer always exceed seller in daily trading>and volume maintain>we can stay and play knm>if not better get out.this moment knm still maintain volume >buyer still exceed seller>the price will based on buyer and seller

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 10:45 | Report Abuse

for this moment knm better dont come out news>knm always sell in news

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 11:09 | Report Abuse

Buy 3,064,700 Sell 4,031,800

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 11:19 | Report Abuse

buy 300 lot 0.485

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-15 11:33 | Report Abuse

how many lot u have now asriruslan

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 11:41 | Report Abuse

for contra play 500 lot

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 11:42 | Report Abuse

still pick up 300 lot

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 11:43 | Report Abuse

how about u ys

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-15 11:49 | Report Abuse

370 lot. average price is 0.770

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 11:53 | Report Abuse

ok for long term knm will back 1 dollar

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 11:54 | Report Abuse

my pickup average 0,45

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-15 11:56 | Report Abuse

now u start earning money . what price are u going to sell

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 11:57 | Report Abuse

my contra depend from market trend>i used buy on weak sell on strength>today is star buying slowly

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-15 12:00 | Report Abuse

oic.wish u earn some poket money plawing contra.

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 12:01 | Report Abuse

for my pickup i try to wait rm1

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-15 12:03 | Report Abuse

oic.hopefully reach to 1.000

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 12:03 | Report Abuse

i have confident with this counter ys>

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-15 12:05 | Report Abuse

so do i

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 12:08 | Report Abuse

this counter still cheaper>compare other oil and gas companya>fundamental is ok

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 12:12 | Report Abuse

u to ys>knm can play contra> but dont greedy> when u get profit lock it>

Alex Chan

3,915 posts

Posted by Alex Chan > 2013-11-15 12:15 | Report Abuse

no real news on borsig....prob marginal increase in profits.....no strength

tuapuikia

2,346 posts

Posted by tuapuikia > 2013-11-15 12:18 | Report Abuse

good to buy now ?

EJ

38 posts

Posted by EJ > 2013-11-15 12:32 | Report Abuse

Yes cheap to buy now. As long it is below 50cents buy buy buy

tuapuikia

2,346 posts

Posted by tuapuikia > 2013-11-15 12:33 | Report Abuse

alright! let's grab some now

tsurukame

778 posts

Posted by tsurukame > 2013-11-15 14:13 | Report Abuse

KNM is a company with global brand. It is renowned as a well diversified group of companies with its core business in process plants, modules and O&M equipment, process technologies and engineering, plant services and turnkey systems provider for the oil, gas, petrochemicals, minerals processing, desalination, renewable energy, chemicals, steam generation, power and environment industries.

“In the oil and gas sector, among projects to be undertaken by Petronas include the Sabah Ammonia Urea Project (SAMUR) in Sipitang; the integrated oil and gas production development project in Kebabangan; the regasification plant project in Lahad Datu, Sabah; and RAPID in Pengerang, Johor, which is the largest investment in Malaysia,” PM NAJIB said when tabling the Budget 2014 in Parliament...

Hmmm...just thinking out loud...How would the market re-rate KNM when above projects kicks off in the near future ...from 2014 onward and beyond....??? Has the KNM share price started to factor in the business possibilities of KNM for the above Oil & Gas projects...???

eSdM

207 posts

Posted by eSdM > 2013-11-15 14:17 | Report Abuse

At the price now... KNM is low risk HIGH RETURN

yongyos

428 posts

Posted by yongyos > 2013-11-15 14:34 | Report Abuse

Good write-up, tsurukame

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 14:43 | Report Abuse

KNM has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 0.485 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.

KC Loh

13,701 posts

Posted by KC Loh > 2013-11-15 14:45 | Report Abuse

To-date nobody still can provide any news of the price hike.

asriruslan

2,081 posts

Posted by asriruslan > 2013-11-15 14:45 | Report Abuse

0.485 is resistant if they can maintain this level that mean next week knm will shoot again>

31153115

940 posts

Posted by 31153115 > 2013-11-15 15:20 | Report Abuse

dear sifu tsurukame, we can not deny that KNM is the global brand in O & G sector with all the know-how, technologies, scales etc. But the question is in their order book we can hardly see any order awarded by PETRONAS!!Correct me if I am wrong sifu cos I am new. Further all the projects sifu mentioned are local, does KNM ready to bid with the PETRONAS License??

Vsmile

141 posts

Posted by Vsmile > 2013-11-15 15:27 | Report Abuse

KNM is a petronas licensed contractor. Hope the Company can get some projects from Petronas rapid projects.

KC Loh

13,701 posts

Posted by KC Loh > 2013-11-15 15:27 | Report Abuse

I think Chris, its nit this recent project awarded. KNM rose for few days already. I read in the edge about O&G fabrication tenders or awards I think last week. That may have been the catalyst, but it remained no concrete news to me yet.

Other than that, another lead could be iinsiders know about listing news already. Buying was in volume last week. Remains hearsay to date

tsurukame

778 posts

Posted by tsurukame > 2013-11-15 15:30 | Report Abuse

Current PETRONAS projects awarded are all UPSTREAM...Latest PETRONAS awards are T&I Projects...

DOWNSTREAM projects which require process equipment will come later in the future....from 2014 onward...

zamsaham

778 posts

Posted by zamsaham > 2013-11-15 15:35 | Report Abuse

tsurukame - sure?
I just read that the latest award from PETRONAS is for Hook-up and Commissioning not T&I.

KNM not in the list for PMI tender.

mcbaomc

1,343 posts

Posted by mcbaomc > 2013-11-15 15:37 | Report Abuse

chao~

31153115

940 posts

Posted by 31153115 > 2013-11-15 15:37 | Report Abuse

we will see if KNM can break the ICE, hold on a bit longer

Yuzuki

1,437 posts

Posted by Yuzuki > 2013-11-15 15:37 | Report Abuse

hehehe lol .... won't let the sun go down on me ....

wcs0201

885 posts

Posted by wcs0201 > 2013-11-15 15:39 | Report Abuse

yup, it did not mention knm at all.
how?

tsurukame

778 posts

Posted by tsurukame > 2013-11-15 15:41 | Report Abuse

Based on buying momentum for KNM since its breakout from 200 days MA on Monday, Nov 11 2013, my take is there is slow but steady accumulation over the past few consecutive days...as long as price stays range bound...accumulation is taking place...

tsurukame

778 posts

Posted by tsurukame > 2013-11-15 15:50 | Report Abuse

Once T&I UPSTREAM (Transport & Installation) are executed the next stage is hook-up and commissioning...the benefactors are SKPetro, Barakah etc...

KNM is more of a downstream process equipment player...Downstream projects will be post 2014...

mfbs

1,229 posts

Posted by mfbs > 2013-11-15 16:16 | Report Abuse

today must close 48.5???

nicky

3,359 posts

Posted by nicky > 2013-11-15 16:16 | Report Abuse

Tot will up above RM0.50... pullback liaw

mfbs

1,229 posts

Posted by mfbs > 2013-11-15 16:18 | Report Abuse

otherwise going down???

yongyos

428 posts

Posted by yongyos > 2013-11-15 16:24 | Report Abuse

watch out support 0.46, break then 0.42, break again then KO ..........

mfbs

1,229 posts

Posted by mfbs > 2013-11-15 16:53 | Report Abuse

close 48.5... ys1: how next week??

Posted by Terry Sinclair > 2013-11-15 19:39 | Report Abuse

Knm needs borsig and peterbgh to shoot.These 2 need financing.These come from sgx borsig listing.Sgx needs good record and performance for listing.In order to look good or better knnm sold failing Brazil plant..will look better on paper next quarter.Borrow money from bank to help out.In my opinion next quarterly report will show small profit but not good enough for sgx listing.But will share rise maybe..shoot no...well that is my opinion for u to share.I quit..good luck to the survivors.

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-15 20:22 | Report Abuse

mfbs today also correction.dun worry.next mobday,break 0.500.confim

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-15 20:27 | Report Abuse

not yet break down support 0.465.still got chance moving up.next resistance is 0.505 if break next move will be 0.550.tq

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