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

169,900


72 people like this.

59,048 comment(s). Last comment by coolinvestor 17 hours ago

yungshen1

2,134 posts

Posted by yungshen1 > 2014-10-31 14:53 | Report Abuse

ya sudah mari

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-31 15:07 | Report Abuse

Nikkei up 5% today............ crazy bull which bulldozed everything is coming.

kimkowlee

562 posts

Posted by kimkowlee > 2014-10-31 22:15 | Report Abuse

Good or bad news? Help to advice.

implicit

50 posts

Posted by implicit > 2014-11-01 00:14 | Report Abuse

No legal dispute is ever good news

stock65

92 posts

Posted by stock65 > 2014-11-02 09:43 | Report Abuse

In the announcement KNM is the claimant and "MISSION" is the respondent. KNM is set to gain if it is successful in this litigation.

Reference is made to the announcement made by KNM Group Berhad (“KNM” or the “Company’) on 2 May 2014 in respect of the arbitration proceedings between the Company’s wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”) as the Claimant and Mission Biofuels Sdn Bhd (“Mission”) as the Respondent (the “Arbitration Proceedings”) in connection with the Engineering, Procurement, Construction and Commissioning Contract dated 25 July 1997 (“EPCC”) for the construction of a Biodiesel Plant in Kuantan Port, Pahang (the “Biodiesel Plant”). Details of KNMPS’s claim against Mission can be found in the announcement mentioned earlier.

The hearing of the Arbitration Proceedings shall commence on 4 February 2015 and scheduled to be completed on 16 April 2015.
Meanwhile, KNMPS had also sought and have obtained an Order from the Court on 29 October 2014, a declaration that KNMPS, as the EPCC Contractor, has a valid lien over the Biodiesel Plant.

The said Court Order confirms and reinforces KNMPS’s interest in the Biodiesel Plant as a lien holder and effectively restricts Mission’s ability to deal with the Biodiesel Plant without first coming to terms with the various claims that KNMPS has sought to recover against Mission in the Arbitration Proceedings. Our lawyers are also of the view that the said Court Order would enhance KNMPS’s chances of recovering the amounts which are awarded to them in the Arbitration Proceedings.

This announcement is dated 31 October 2014.

Posted by makemoneynow > 2014-11-02 19:57 | Report Abuse

Let's hope tomorrow open high. Everything positive last Friday. Sleep well everyone. Cheers!

Heng611

173 posts

Posted by Heng611 > 2014-11-03 03:36 | Report Abuse

tomorrow limit up

bo6712

119 posts

Posted by bo6712 > 2014-11-03 09:20 | Report Abuse

it is still a long journey for KNM ...

aiman2010

115 posts

Posted by aiman2010 > 2014-11-03 13:58 | Report Abuse

wednesday for sure tp 0.86+ ( if green)

bo6712

119 posts

Posted by bo6712 > 2014-11-03 15:16 | Report Abuse

I agree with u aiman2010

gcchoe

29 posts

Posted by gcchoe > 2014-11-03 15:35 | Report Abuse

you are right aiman 2010

Friendship

1,616 posts

Posted by Friendship > 2014-11-03 20:51 | Report Abuse

Knm should continue its rebound trend after some mild profit taking activities over the past several day...next target 0.90

stock65

92 posts

Posted by stock65 > 2014-11-04 15:50 | Report Abuse

KNM good support at 0.795. Should rebound soon.

Posted by optimusprimeXV > 2014-11-04 19:15 | Report Abuse

0.90 wa mali...wakakakaaka laughdieme

joevoonhow

121 posts

Posted by joevoonhow > 2014-11-04 22:50 | Report Abuse

how come the wa price so so low one?

kimkowlee

562 posts

Posted by kimkowlee > 2014-11-05 12:01 | Report Abuse

No hope for oil n gas n it's related company. Prices downtrend n stagnant for short term. Cannot cari makan.

Simple man

908 posts

Posted by Simple man > 2014-11-05 13:32 | Report Abuse

no hope for this courter?

BLITZRIEG

75 posts

Posted by BLITZRIEG > 2014-11-05 13:46 | Report Abuse

The company need money ......dont give chance KNM rob your money.....................continue watch price to go down further ....still no recovery sign in short period........continue waiting at 0.6.

wakakaka88

779 posts

Posted by wakakaka88 > 2014-11-05 14:47 | Report Abuse

wakakkaka BLITZRIEG..you sound more desperate then KNM..wakakakakaka

wakakaka88

779 posts

Posted by wakakaka88 > 2014-11-05 14:55 | Report Abuse

wakakaka..I predict KNM is 0.90 cents soon..

BLITZRIEG

75 posts

Posted by BLITZRIEG > 2014-11-05 15:18 | Report Abuse

wakakaka88.........not soon as u pridicted........no worries...... continue laughing in denial

joevoonhow

121 posts

Posted by joevoonhow > 2014-11-05 16:27 | Report Abuse

it is going downtrend...

water99

240 posts

Posted by water99 > 2014-11-05 18:32 | Report Abuse

Asking fund & rob small investor money, not worth to trade above their right issue price.

wakakaka88

779 posts

Posted by wakakaka88 > 2014-11-05 20:41 | Report Abuse

Wakakaka...

bo6712

119 posts

Posted by bo6712 > 2014-11-05 23:12 | Report Abuse

wat a day for KNM ...c wat will happen tomoro ... I tink will b on the positive side

sbzk

806 posts

Posted by sbzk > 2014-11-05 23:35 | Report Abuse

2moro drop again....... no positive for this

stock65

92 posts

Posted by stock65 > 2014-11-06 06:17 | Report Abuse

For all KNM lover. This counter have consolidated maximum (50%) in this new wave - (0.69 - 0.86 = 0.17). 50% of 0.17 is 0.085. The highest of 0.86 less 0.085 is 0.775 which is the closing price yesterday. If the price do not go any lower meaning the consolidation is over and will resume to next target of 0.945 however if the price falls today spell that the price may test 0.69 again. On the weekly chart the price must close above 0.825 by this week to indicate a reversal trend. Anyhow my bet is price will start to move up again.

Friendship

1,616 posts

Posted by Friendship > 2014-11-06 06:35 | Report Abuse

Oil prices have started to rebound, knm will rally later!

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2014-11-06 06:47 | Report Abuse

LOL KNM lover? more like brave hearts - I also hope n pray it will go up so at least I can have a retirement from EPF :(

Posted by water99 > Nov 5, 2014 06:32 PM | Report Abuse
Asking fund & rob small investor money, not worth to trade above their right issue price

Aiyo water99 - dun say like tat la - ROB is a very strong word LOL - we 'contribute' ma LOL
Anyway, today no worries Dow up 100 pts KNM also up up also :)

joevoonhow

121 posts

Posted by joevoonhow > 2014-11-06 09:49 | Report Abuse

Got sign of rebound today :-)

Posted by Faezal Alimat > 2014-11-06 17:06 | Report Abuse

Will rebound

joevoonhow

121 posts

Posted by joevoonhow > 2014-11-06 18:01 | Report Abuse

stock65 : need your advice. How come the price between mother & wa so much different? Thanks

yungshen1

2,134 posts

Posted by yungshen1 > 2014-11-06 19:56 | Report Abuse

fransoweto never buy this stock again.cos cut loss since 2011.

thradsah

72 posts

Posted by thradsah > 2014-11-07 10:29 | Report Abuse

@ joevoonhow ... because KNM-WA strike price is RM 1.00 and it expire in 2017

crawler

4,829 posts

Posted by crawler > 2014-11-07 10:55 | Report Abuse

sell sell

crawler

4,829 posts

Posted by crawler > 2014-11-07 16:25 | Report Abuse

sell sell sell

wakakaka88

779 posts

Posted by wakakaka88 > 2014-11-07 16:31 | Report Abuse

holding strong..rebounding very soon

Simple man

908 posts

Posted by Simple man > 2014-11-07 16:50 | Report Abuse

cannot move?

jasonlim84

725 posts

Posted by jasonlim84 > 2014-11-07 18:30 | Report Abuse

EPF cease to be substantial shareholder. Die liao this share

yungshen1

2,134 posts

Posted by yungshen1 > 2014-11-07 20:25 | Report Abuse

fransoweto knm share holder trap again.EPF cease to be substantial shareholder .diu lo

Posted by Edmund investor > 2014-11-07 20:53 | Report Abuse

EPF not going to subscribe for the rights issues & I think thats the reason for selling out. So will kacang putih investor go for it ?

yungshen1

2,134 posts

Posted by yungshen1 > 2014-11-07 20:58 | Report Abuse

u are right

yungshen1

2,134 posts

Posted by yungshen1 > 2014-11-07 21:13 | Report Abuse

some one got posted when released good news the share price going up (boots).and release right issue the share dump (drop) like hell

ngyl

602 posts

Posted by ngyl > 2014-11-07 23:11 | Report Abuse

Walao ehh,,epf win liao lorr,,that's why iitell my friends dont kacao share like this,,few kena trap liaoe

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2014-11-08 05:37 | Report Abuse

yungshen1 fransoweto never buy this stock again.cos cut loss since 2011.
06/11/2014 19:56

Yes master Sifu YS1 - maybe u need to rewrite again - NEVER EVER LOL

yungshen1 fransoweto knm share holder trap again.EPF cease to be substantial shareholder .diu lo
07/11/2014 20:25

LOL master sifu YS1 no diu LOL if EPF keeps buying then I will diu lo - who is going to give me my retirement check. This is the 2nd time EPF fall into General 'Wolf' Lee trap n they should be more transparent n find out which &^%$ trader who bought this in the first place n not only fire the bugger but make him/her pay back all the losses!

As for those who bought thinking the rise of the phoenix la, too cheap to ignore la,rapid ready la,recovery on track la n the best seeing is believing la - I really SALUTE y'all - you guys are the bravest n truly the very few Brave Hearts but I hope someday u will come to your senses when seeing is really believing. General ' Wolf' Lee is not named General WOLF for no reason :(

wakakaka88

779 posts

Posted by wakakaka88 > 2014-11-08 10:16 | Report Abuse

buy kacang eat kacang..buy KNM you will eat shark fins later everyday..wakakakakaka...believe me or not! wakakakakakakaka

yungshen1

2,134 posts

Posted by yungshen1 > 2014-11-08 11:35 | Report Abuse

fransoweto may be few years later will buy back knm share.then u diu the epf.buy again .

joevoonhow

121 posts

Posted by joevoonhow > 2014-11-09 16:13 | Report Abuse

Actually this share ok or not?

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