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 6 hours ago

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2014-12-09 11:43 | Report Abuse

KLCI wont break at 1700...... supporting on its way.... maybe the save will foreign investment from China?

flatman

143 posts

Posted by flatman > 2014-12-09 11:45 | Report Abuse

Crude oil almost reaching USD62 per barrel. Byebye knm.

DeHouse

116 posts

Posted by DeHouse > 2014-12-09 12:40 | Report Abuse

joeylee, I hope that you have listened to my advice to dispose your Pmetal hopefully

angelol

688 posts

Posted by angelol > 2014-12-09 12:57 | Report Abuse

Failed to rescue Joeylee (or Joel)...Pmetal 2.88 now. Aluminium price USD1966/MT. Pmetal no chance until 1Q2016

samsung555

478 posts

Posted by samsung555 > 2014-12-09 15:16 | Report Abuse

Everyone don't buy, let it drop more then buy.. no demand, price drop..
Can be applicable in stock market......

skybursa

1,486 posts

Posted by skybursa > 2014-12-09 18:20 | Report Abuse

Wait for 0.15

asriruslan

2,081 posts

Posted by asriruslan > 2014-12-10 09:34 | Report Abuse

stat monitoring for buying

asriruslan

2,081 posts

Posted by asriruslan > 2014-12-10 09:41 | Report Abuse

As of 9 December 2014, KNM has been on a strong downtrend as suggested by the downward sloping 20-Day and 50-Day Moving Averages. With the general downward movement, the price now lies well below the resistance of 0.52.

asriruslan

2,081 posts

Posted by asriruslan > 2014-12-10 09:55 | Report Abuse

start accumulate slowly>best buy 0.45

asriruslan

2,081 posts

Posted by asriruslan > 2014-12-10 09:57 | Report Abuse

waiting desperate seller

Posted by telusterang > 2014-12-10 10:31 | Report Abuse

Saw the announcement on KNM to buy back it shares. It could be just the start of it again !

This company really lacks corporate governance. Let me explain. Share buyback CAN only be done when there is "excess cash" in the company's coffer and the company can choose to either 1) distribute the cash back to shareholders as dividend OR 2) do a share buyback where mopping shares from the market can enhance the Earnings Per Share (EPS) which will benefit every shareholders too indirectly.

What puzzles me in KNM is they certainly in dire need of cash by doing a Rights Issue currently and in the same time showing to the whole world that they have "excess cash" !!! Are they trying to take money from every shareholders and prove themselves to be a better fund manager ?? Are they in the best position to tell this is the bottom of their share price ??

Can the Securities Commission investigate a company like KNM for being a non-licensed fund manager but act like one ? Can the SC investigate them from going out of their ordinary business of manufacturing equipment into manipulating its own share price? Can SC bar a company from using their "limited cash" to do share buyback when it is obvious they are in a fund raising situation ?

IT IS SIMPLY UNACCEPTABLE ! NO CORPORATE GOVERNANCE AT ALL !!!!!!!!!!!!

asriruslan

2,081 posts

Posted by asriruslan > 2014-12-10 10:37 | Report Abuse

be a smart investor >follow the trend market>understand the history and movement counter>every investment have a risk more risk more gain>smile

asriruslan

2,081 posts

Posted by asriruslan > 2014-12-10 10:38 | Report Abuse

buy on weak sell on strength

Posted by cherlynlim > 2014-12-10 11:29 | Report Abuse

telusterang, actually the share buy back only 10000 units. RM4,850 only, i don't think affect their cash in any way

angelol

688 posts

Posted by angelol > 2014-12-10 12:31 | Report Abuse

ya, RM4850 show any excessive cash? lol

Posted by telusterang > 2014-12-10 15:25 | Report Abuse

certainly RM4,850 was insignificant. probably they felt the billboard on bursa was too empty so KNM decided to fill it in... and they will do this comical act everyday to fill up the billboard...

If my prediction is right, the 10,000 is just the tip of the iceberg. You will see more to come !

angelol

688 posts

Posted by angelol > 2014-12-10 16:23 | Report Abuse

Is it? are you in the Board?

beso

2,137 posts

Posted by beso > 2014-12-10 21:38 | Report Abuse

Crude WTI 62.54 -2.01% run

NewBuddy

36 posts

Posted by NewBuddy > 2014-12-10 22:46 | Report Abuse

crude wti drop..better hold cash.

cpng

1,575 posts

Posted by cpng > 2014-12-10 23:46 | Report Abuse

Breaking News!!!

Crude oil searching bottom again.

WTI 61.50USD BRENT 64.60USD

optimuss

1,321 posts

Posted by optimuss > 2014-12-10 23:48 | Report Abuse

possible break below 60 this week. heading to 50 end of year.

bagan

754 posts

Posted by bagan > 2014-12-11 07:28 | Report Abuse

flatman, when opec trim forecast, means they are going to trim their production, this will stabilize the price. so bottom is near, stability is near and klci can take off again. maybe we can still enjoy cny rally;)

jasonor

1,004 posts

Posted by jasonor > 2014-12-11 08:21 | Report Abuse

tht desert king dunwan cut production leh.... thts the problem. keep pump oil like nobody's business

skybursa

1,486 posts

Posted by skybursa > 2014-12-11 08:34 | Report Abuse

Opec cutting output & US shale production increasing. What's the difference ?

Posted by spaghetti932 > 2014-12-11 10:05 | Report Abuse

Opec already said they wont cut output. That's the reason the oil price is continue dropping.

bagan

754 posts

Posted by bagan > 2014-12-11 13:35 | Report Abuse

selling pressure is well absorbed, cny rally on the way...

Vin Tan

147 posts

Posted by Vin Tan > 2014-12-11 13:40 | Report Abuse

Kuwait offers new discount, Saudi questions the need to cut production, Iran says price may drop to 40USD if no unity within OPEC . DO these seem like these middle east countries concerned about current falling price? What concerns them more is future industry landscape . They are taking price war to US shale producers and probably won't stop until shale producers are shaked out.

flatman

143 posts

Posted by flatman > 2014-12-11 14:42 | Report Abuse

bagan, continue dreaming. clap clap.

Posted by impartiality > 2014-12-11 14:55 | Report Abuse

the boss has to abosrb whatever selling pressure there is for the next two weeks or risk a collapse of the rights issue. Par value is 50 sen and rights share cannot be sold below 50 sen. the share must be above 50 sen for the rights issue to proceed

skybursa

1,486 posts

Posted by skybursa > 2014-12-11 15:40 | Report Abuse

Than you help the boss to absorb. And sink together

angelol

688 posts

Posted by angelol > 2014-12-11 16:11 | Report Abuse

Please don't buy KNM, because I'm buying ^^

Shaun

222 posts

Posted by Shaun > 2014-12-11 16:12 | Report Abuse

It is quite weak

richardng

73 posts

Posted by richardng > 2014-12-11 16:28 | Report Abuse

U all sohai knm will down 0.25

richardng

73 posts

Posted by richardng > 2014-12-11 16:31 | Report Abuse

Saham semua tangkap u naik kereta

angelol

688 posts

Posted by angelol > 2014-12-11 16:51 | Report Abuse

Richard, I don't know your motive to go every forum and comment like a sohai. But you definitely same as your name 67.

annmix

1,521 posts

Posted by annmix > 2014-12-11 18:47 | Report Abuse

lol many people jus like to simple tembak lowest tp possible, coz they also don't hv money to buy anymore, so jus shouting like a monkey, we all now know oil & gas counter are facing free fall.. and many people are suffer now for paper lost, so please give rather supportive n informative comment so it help former here to think of their investment, even if it free fall till 25 sen so what ? it will eventually go up again in the future coz oil won't drop till USD2.5 also .. now is a golden opportunity to make money may after next 6-12months if slowly accumulate now

Posted by MultiBillionaire > 2014-12-11 19:41 | Report Abuse

I tink annmix loss alot for knm haha

annmix

1,521 posts

Posted by annmix > 2014-12-11 19:47 | Report Abuse

no..i jus bought 50k share today at 42sen.. tats why im checking here mr multibillionair.
i also bought perisai from 50sen to 45cent today.. There are also monkey shouting 25sen or bankrupt for perisai.. so i jus write what im thinkin in my mind.. anyhow its my money to invest. either lost or profit i also wont behave like a crybaby in the forum.

Thanks for your concern

SDR245

1,675 posts

Posted by SDR245 > 2014-12-11 19:50 | Report Abuse

I will start accumulate soon.but not now.

DeHouse

116 posts

Posted by DeHouse > 2014-12-11 19:57 | Report Abuse

from the trend and charts, it does look like going further down. But, 6 down waves is very rare to see, and this is absolutely great opportunity, I am now almost ready to go in.

annmix

1,521 posts

Posted by annmix > 2014-12-11 20:52 | Report Abuse

hopefully tomorrow will have some small rebound to get rid of today purchase.. if manage to sell at 43sen i will buy again at 35 hopefully

244009

258 posts

Posted by 244009 > 2014-12-11 21:20 | Report Abuse

wait for nxt year...bfre chns nw year sure up

flatman

143 posts

Posted by flatman > 2014-12-11 22:31 | Report Abuse

crude oil dropping again.

beso

2,137 posts

Posted by beso > 2014-12-11 22:40 | Report Abuse

usd up up up so crude oil down down down

vews08

494 posts

Posted by vews08 > 2014-12-11 22:57 | Report Abuse

Dj up 135 point. Crude oil start to rebound. Tomorrow knm will rebound

vews08

494 posts

Posted by vews08 > 2014-12-11 23:16 | Report Abuse

Retail Sales in U.S. Increase by Most in Eight Months

vews08

494 posts

Posted by vews08 > 2014-12-11 23:59 | Report Abuse

West Texas Intermediate, Brent Rebound From 5-Year Lows

vews08

494 posts

Posted by vews08 > 2014-12-12 00:03 | Report Abuse

US DJ up 200 point

vews08

494 posts

Posted by vews08 > 2014-12-12 00:19 | Report Abuse

Good news , crude oil price increase

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