KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.065

Today's Change

0.00 (0.00%)

Day's Change

0.065 - 0.065

Trading Volume

1,362,200


72 people like this.

59,045 comment(s). Last comment by Vhydro 1 week ago

pang72

52,241 posts

Posted by pang72 > 2015-10-08 18:33 | Report Abuse

i fell still have 2nd and 3rd waves... Let the banker with big position to goreng the price

aiman2010

115 posts

Posted by aiman2010 > 2015-10-08 19:03 | Report Abuse

WHY U BUY AT 0.57... if WTI crude up..can fly to 0.60+ (if green too) , if not..all run..
IVAN2222 aiya...everyone bought high today ..i bought lump sum hantam 68000 shares at 0.57 when everyone was syok syok..now i sakit kepala la

aiman2010

115 posts

Posted by aiman2010 > 2015-10-08 19:04 | Report Abuse

knm buy price is 0.54..0.57 selling price...u have to look at graph..if not rugi maa...

aiman2010

115 posts

Posted by aiman2010 > 2015-10-08 19:05 | Report Abuse

i too rugi..buy at 0.46 ..forget to buy at 0.42...people make mistake...we gets more pengalaman

misterzikk

547 posts

Posted by misterzikk > 2015-10-08 19:51 | Report Abuse

Institution fee

hng33

20,523 posts

Posted by hng33 > 2015-10-08 20:51 | Report Abuse

Brent crude oil continue uptrend, oil and gas stock remain top pick now for active trading purpose.

pang72

52,241 posts

Posted by pang72 > 2015-10-08 21:06 | Report Abuse

Maybank Research retains Buy for KNM Group

Thursday, 8 October 2015

KUALA LUMPUR: Maybank Research is maintaining its “buy” recommendation on oil and gas services provider KNM Group Bhd, with an unchanged target price of RM1.

The brokerage on Thursday said KNM’s recent win of an engineering, procurement, construction and commissioning (EPCC) job worth £88mil (RM581mil) in the United Kingdom was a positive development, as it showed KNM’s commitment and progress to transform its business model.

“We are positive on this development as KNM is committed and on track to remodel its business, from cyclical to steady-income base type,” Maybank Research said.

To recap, KNM received a letter of award from UK-based Drenl Ltd for the EPCC of a waste-to-energy facility at Beddington Lane, Croydon, UK. Drenl is a developer of materials recovery and low carbon renewable energy (RE) projects.

In addition to the EPCC contract, which was expected to take about 27 months to complete, KNM had also been awarded the Operations & Maintenance (O&M) job of the same WTE facility, subject to the finalisation of the terms and conditions.

“The EPCC works (its bread-and-butter) will provide a profit base to the group over the next two years whilst the O&M contract, once finalised, will offer KNM a recurring earnings base,” Maybank Research said.

“KNM was expected to register a 20%-25% gross margin from this EPCC RE job, decent in our view and a net profit contribution of RM25mil to RM35mil per annum,” it added.

Maybank Research said its forecasts remained unchanged for KNM, as it had incorporated RE wins of RM350mil-RM450mil per annum for 2015 to 2016.

“Apart from an earlier Cypark (RM278mil) and the recent Drenl RE job wins secured to-date, KNM is confident of bagging several more works over the next few months (four to six jobs locally and abroad),” it said.

Maybank Research said the key re-rating catalyst for KNM would be the crystallisation of the much-awaited BOO Peterborough WTE project.

pang72

52,241 posts

Posted by pang72 > 2015-10-08 21:07 | Report Abuse

there are so many new huge project in progress to bill into the profit.... RM1.00 TP by Maybank still intact

hng33

20,523 posts

Posted by hng33 > 2015-10-08 21:18 | Report Abuse

Wow, another potential 4 to 6 more project awaiting.....if secure, I think above 60 sen is possible by year end.

hng33

20,523 posts

Posted by hng33 > 2015-10-08 21:28 | Report Abuse

Brent crude oil continue surging.....time is due to rerate oil and gas stock !!!

hng33

20,523 posts

Posted by hng33 > 2015-10-08 21:38 | Report Abuse

Almost all world top oil producer involve in syaria battlefield....fighting IS.....Russia, US, Iran, Iraq and to some extent Saudi...

pang72

52,241 posts

Posted by pang72 > 2015-10-08 21:42 | Report Abuse

Crude oil surge 1.5%. With the news of oil battle by US with releasing higher inventory still could not stop the oil price to drop... It means Russia will win the ultimate game now and Oil will continuous to rocket up

alex3388

1,282 posts

Posted by alex3388 > 2015-10-08 21:42 | Report Abuse

msia stock market drop alot some of reason is politics issue they not confident with msia!

pang72

52,241 posts

Posted by pang72 > 2015-10-08 21:44 | Report Abuse

Do you think Russia so kind to help Syria to fight IS with FOC? All about OIL.

kenen

423 posts

Posted by kenen > 2015-10-08 21:47 | Report Abuse

Agree....even Russia not good with USA...but this time,they willing to cooperate with USA....because of oil.....

pang72

52,241 posts

Posted by pang72 > 2015-10-08 23:29 | Report Abuse

Brent Oil already up 2.5% NOW. No need you or me to push KNM up.
Tomorrow, all oil and gas will have a 2nd wave ...watch out 9.00am morning , OK!!

kenen

423 posts

Posted by kenen > 2015-10-09 00:23 | Report Abuse

Agree...hehe...queing to topup oil n gas stocks....

1009

2,020 posts

Posted by 1009 > 2015-10-09 01:40 | Report Abuse

See..
Don't scare la, must climb over 0.60 la...
Buy buy buy ...

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-10-09 06:25 | Report Abuse

Although KNM is everyone favourite for O&G counter, I think financially cheaper Icon has done better with latest EPS 0.4sen compare to KNM EPS only 0.21sen despite KNM trading at higher price. No wonder EPF dispose KNM heavily last month.
http://klse.i3investor.com/servlets/stk/fin/5255.jsp
http://klse.i3investor.com/servlets/stk/fin/7164.jsp

ken75SHG

246 posts

Posted by ken75SHG > 2015-10-09 07:04 | Report Abuse

DJ n Oil green

Posted by skylifttoptoptop > 2015-10-09 07:20 | Report Abuse

no wonder still can get 0,540 yesterday.. EPF dispose, VC buying ? hahaha

Posted by skylifttoptoptop > 2015-10-09 07:29 | Report Abuse

not just green only, DJ + Oil + KLCI + everything rally ~~~
fed interest hike go back MARS dy.. coming back 2017 or 2018...

oh ya, 581M..remember 581M contracts on 50cents counter..
60cents next week, 70cents next next week, 80cents next next next week.
wish everyone huat huat !

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4887085
KNM - OTHERS Order Secured by KNM Process Systems Sdn Bhd amounting to 88 million (equivalent to approximately RM581 million)

pang72

52,241 posts

Posted by pang72 > 2015-10-09 08:00 | Report Abuse

60Sen.

60Sen...60sen...

pang72

52,241 posts

Posted by pang72 > 2015-10-09 08:01 | Report Abuse

The cheapest oil n gas + renewable energy stock in bursa

mh87

3,966 posts

Posted by mh87 > 2015-10-09 08:13 | Report Abuse

Yesterday the oil price was dropped a bit then all panic selling.. Today oil price up more than 3%.. Sure ppl will panic buying..LOL

pang72

52,241 posts

Posted by pang72 > 2015-10-09 08:15 | Report Abuse

Oil up to usd60...next WEEK

pang72

52,241 posts

Posted by pang72 > 2015-10-09 08:16 | Report Abuse

KNM hit 60Sen by next week too

pang72

52,241 posts

Posted by pang72 > 2015-10-09 08:45 | Report Abuse

Situation may change that KNM hits 60Sen by today. Today morning the demand is so great. Gap up min. 3sen

mamatede

3,950 posts

Posted by mamatede > 2015-10-09 08:48 | Report Abuse

market que only, anybody can throw in any figure and then remove 1 few minutes before market open

hng33

20,523 posts

Posted by hng33 > 2015-10-09 09:12 | Report Abuse

Sold off all at 56.5sen

Posted by skylifttoptoptop > 2015-10-09 09:17 | Report Abuse

klci 1717... super bullish.. today over 60cents possible..

Posted by skylifttoptoptop > 2015-10-09 09:23 | Report Abuse

if before noon already 60cents, i think 70cents closing la.. huat huat !!

pang72

52,241 posts

Posted by pang72 > 2015-10-09 09:24 | Report Abuse

60Sen mari

pang72

52,241 posts

Posted by pang72 > 2015-10-09 09:27 | Report Abuse

It will hit 60Sen by noon

pang72

52,241 posts

Posted by pang72 > 2015-10-09 09:28 | Report Abuse

Next week toward Hong leong 1st TP 67sen

pang72

52,241 posts

Posted by pang72 > 2015-10-09 09:30 | Report Abuse

Maybank IN TP 1.00 may follow later after the pengerang project + renewable project kick in

Posted by stockstrader88 > 2015-10-09 09:54 | Report Abuse

Wow. KNM is launching rocket in share market!

ken75SHG

246 posts

Posted by ken75SHG > 2015-10-09 09:54 | Report Abuse

Huge sell force....maybe frm EPF also! Stud .565

Posted by lanternshark > 2015-10-09 10:02 | Report Abuse

sell abit to me.lai lai lai..

nomanland

3,221 posts

Posted by nomanland > 2015-10-09 10:10 | Report Abuse

EPF already ceased from KNM since 29/09/2015. Now, foreign fund are buying as was told by ....

nomanland

3,221 posts

Posted by nomanland > 2015-10-09 10:12 | Report Abuse

Hong Leong TP of 0.67 is good number. Today, KNM needs to break the 0.575 or higher. If today, oil rig count drops again, Monday will break the 0.60. If not, life still needs to goes on.

timing

726 posts

Posted by timing > 2015-10-09 10:15 | Report Abuse

where is our sailang bro?

Posted by Eatenbyshark > 2015-10-09 10:18 | Report Abuse

those big shark swimming to xox ady la...see the major increase in volume....

nomanland

3,221 posts

Posted by nomanland > 2015-10-09 10:18 | Report Abuse

KNM-WA, some one is collect like nobody business at 0.120. Not easy to break.

mh87

3,966 posts

Posted by mh87 > 2015-10-09 10:22 | Report Abuse

Today looks good right.. Not as yesterday panic selling.. Maybe many ppl still watching this counter but waiting the right time to buy..

Posted by firdaus7lapan > 2015-10-09 12:10 | Report Abuse

Crude Oil going to touch USD 50 after pm time soon... :)

Posted by skylifttoptoptop > 2015-10-09 12:23 | Report Abuse

yup.. KNM-WA very strong, still holding my 0.1

Posted by skylifttoptoptop > 2015-10-09 12:25 | Report Abuse

wti going to break 50.. crude now 53.53 day high... that's mean still shooting up !

Posted by firdaus7lapan > 2015-10-09 12:29 | Report Abuse

Supassed USD 50, now heading to USD 51... :)

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