Come on KNM...time to start another good run ! Alot of people is expecting the KNM share price to drop at this moment....expect the unexpected rally ! "Shark" traders.... give us a push ! Dark Horse runs faster !!! Win win for everyone ! :)
if is ayam tua then tj think is because he just bought a sexy bra from caely to hadiah kan dia punya ayam betina tua ko , and cant wait to see her taking off , so go kokokokoko everywhere ... kikikiiiiiiiiiiii
happy for u guys who went against all odds.Im out and staying out.My contact was right about knm.Wow 5 figure gains..,,fantastic,Congratulation is in order.well done.
Posted by tssl74 > Feb 14, 2014 04:10 PM | Report Abuse YS1, Scomi is moving now
As predickted by Master Sifu YS1 :)
Posted by yungshen1 > Feb 13, 2014 01:41 PM | Report Abuse franksoweto u see the five days trading volume in 50millions everyday that mean yr scomi is fry up
Thanks You Master Sifu YS1 - after finish goreng KNM then Goreng Scomi and the brothers I will see you at Tai Thong to see Phillip and we will bring Tonylim along :)
Posted by TrendingBull > Feb 15, 2014 03:47 AM | Report Abuse So knm really all base on goreng with no news?
LOL you're the Bull with the Trend - we should be asking you instead :) Jokes aside who knows? better ask General Lee and if my Master Sifu YS1 confirm the goreng for KNM is over I'm betting big on Scomi LOL
A DEBT restructuring coupled with brighter job prospects have sent KNM Group Bhd shares to a one-year high of 77.5 sen yesterday.
The process equipment manufacturer, which had fallen off the radar of most investment houses, is quietly regaining traction.
US-based funds Blackrock and State Street Corp transacted some shares last week. Bloomberg data show that the two funds own 1.85 million shares and 5.1 million shares respectively.
O&G analysts reckon that KNM will be a key beneficiary of the refinery and petrochemical integrated development (Rapid) project.
They expect Petroliam Nasional Bhd (Petronas) to make the final investment decision on the US$20bil (RM66bil) project by April.
UOB KayHian Malaysia Research analyst Danny Chan tells StarBizWeek that KNM has an addressable market of RM10bil to RM13.3bil in Petronas’ Rapid project.
As a niche player in the local market, KNM stands a good chance in getting a slice of the pie if it puts in bids with the right pricing, he says.
KNM managed to a secure a loan and bank guarantee of 220 million euros (RM985mil) at end-2013. The credit facility was arranged by UniCredit Bank AG.
“On average, the company pays an interest rate of 6% to 7% per annum. With the initiative, they are looking at saving about 1% to 2% each year,” he notes, adding that the savings is quite significant for the company as that will translate into RM10mil to RM20mil based on its borrowings of about RM1bil.
Compared with its net profit of RM21mil as at Sept 30, 2013, the savings will lift its earnings significantly in the financial year ending Dec 31, 2014 (FY14).
“All the initiatives the company has taken are good and all the negative news have been priced in,” Chan adds.
Besides the interest cost savings, the company’s financial position is set to improve after it hived off its loss-making operations in Brazil.
The divestment of KNM Brazilian Group of Companies was completed last September and that will see the company book a one-off disposal gain of RM10mil, the O&G firm tells Bursa Malaysia.
Chan says going forward, its earnings will no longer be dragged down by the South American unit.
An analyst who speaks on condition of anonymity estimates that the company may see an improvement in its financials to the tune of RM40mil in FY14.
“Now that the company is in a better financial position, it stands a better chance when it bids for contracts,” says another observer.
High possibility KNM will join RAPID with the new CEO on board, lets wait GEN LEE announce good news... possible by 1/4ly results release, just 2 weeks plus.
Nice article was written on KNM in the Star Business. Thks for the nice written report by the analyst and the Star Editor !
Would like to say special thanks to those investors who "hate" or do not recommend this share when the price below 0.55 sen ! Really gave us an opportunity to accumulate more KNM shares at that time !
Most of the bad news have been accountable for now for KNM. It is time to do a big CATCH UP ! Hopefully the trust funds managers will start to do coverage on KNM again for the interest of the investors !
Professional "shark" or day traders players...... it is time to work together...don't you agree ? We have a common goal...... make MONEY from our investment in KNM !
RUN Dark Horse KNM RUN ! .....remember people neglected you when you were down ! Time to show what you can do ! :)
last weekend, Star featured Iris, then Iris shoot up from 40sen to 50sen during the week. this weekend, Star featured KNM, will KNM shoot up from 78sen to 90sen?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yungshen1
2,134 posts
Posted by yungshen1 > 2014-02-13 14:25 | Report Abuse
franksoweto scomi could fry in this year . dun know which month