Posted by Royce Chan > 2017-02-25 19:08 | Report Abuse

Based on the news that Petronas and Aramco sealing the deal on Rapid finally, oil stocks will rally coming Monday. Should KNM reverse direction it will be rather odd or to be a spoiler to the sentiment. Looking at recent movement of KNM not rallying much compared to the peers, KNM could be pricing in the Q4 loss already. Recent companies with reporting of heavy losses but minimal retreatment or neutral are good examples. Hence there's still a glimmer of hope. Technically KNM is poised for a rally since rebounding from the lowest price.

Posted by cutie > 2017-02-25 19:52 | Report Abuse

i will hantam kaw kaw monday if it goes down to 31 sen. u right royce, those who invest heavily, they already got this news very much earlier. The big kakis dont invest blindly . If KNM didnt make this loss, it should be around 45 to 50 sen already today.

Posted by sheep > 2017-02-25 21:13 | Report Abuse

Buy on Tuesday , sell on Thursday..

Posted by ivan9511 > 2017-02-25 21:17 | Report Abuse

this knm recent right issue as below :
13 Mar 2015 25 Mar 2015 27 Mar 2015 27 Mar 2015 Rights Issue 1 : 5 0.500 Malaysia Stock - Bonus/Rights Issue
04 Oct 2012 16 Oct 2012 18 Oct 2012 18 Oct 2012 Rights Issue 1 : 2 1.000

if loyal investors get the right issue at one ringgit , right now how they feeling
I get the 50sen right issue already feel want die liao,
just hope got white knight come to save knm or the boss please private

Posted by smalltimer > 2017-02-25 22:35 | Report Abuse

Juz change co nam to TNM group

Posted by Lim Soon > 2017-02-25 23:33 | Report Abuse

Calvin882 @ thanks for advise thanks

Actually I really dont mind KNM made a Net LOss report.
every company also can make loss one or maybe two three times , is OK
However Knm management managers we need to know why can loss until -330,377 000
Knm do you know this is more than your Five years net profit .
Do you need another five years to recover your loss ?
how can a comapny loss until -330,377 000 with last year qr keep stable.

So why last time ask right issue on price 1.00 ringgit and 50 sen
this is how you want to cheat money or what
do you know this is not a right time to do ah .
angry

Posted by 1009 > 2017-02-26 01:53 | Report Abuse

TQ.. next week all investors can sell more cheaper price. This few days I think buaya guarantee collect cukup2 tiket la.. better below 0.10 lo..Hahaaaa
Management say: 2017 hard earn profit, huge currency money borrowing. Only wait ringgit baru ada hope la. U think Malaysia so easy mer? KNM meaning is Kau Nanti Mati, Buy On Bad News? Also die first.. hahaaa

Posted by stockmanmy > 2017-02-26 01:59 | Report Abuse

KNM is Kena Nak Menang.

it is not going bankrupt any time soon.
It will not be PN17 company any time soon.

It still makes money in Europe

BV still > $ 1 per share.


can still surprise you in ways unimaginable.

Posted by stockmanmy > 2017-02-26 02:00 | Report Abuse

KNM reported $ 100 million translation profits that go straight to reserves. ...but unnoticed.

Posted by awp380 > 2017-02-26 10:22 | Report Abuse

mfbs > Only 1Q loss..chill < Agree. backed by KWSP. Not much to worry about.

Posted by cutie > 2017-02-26 11:05 | Report Abuse

Property, plant and equipment increased to 1,405,433,000 from 1,049,612,000 . Assets increased to 3,163,220,000 from 2,803,849,000. can someone explain this???

Posted by ivan9511 > 2017-02-26 14:07 | Report Abuse

Loss is ok , but Knm please choose a right timing , this is not a right timing to annouce loss.
Knm do you know many Lousy fa oil counters like Alam , hibiscus and umwoil all pice already much much higher than you
And dun forget Knm last time price was more than 2.00 ringgit , I wonder how you going to face your loyal investors in this year AGM
Or maybe Boss would not show in this year AGM , he not dare to show off again maybe
the boss always tipu sure one day will judgement?

Posted by CUTLOST > 2017-02-26 14:30 | Report Abuse

Let party next Monday..expected will hit blow 7 cts coming

Posted by callme777 > 2017-02-26 14:49 | Report Abuse

Forex gain 98.8 mil and assets up 400 mil. Can someone explain

Posted by cutie > 2017-02-26 14:57 | Report Abuse

penergy just announced loss of 25 sen per share , more worse than KNM 2 times, only DOWN 3 sen/////// Oil companies are expected to make a loss. Already discounted. Buy if it goes down to 31 sen. i will hantam .

Posted by hinata > 2017-02-26 15:16 | Report Abuse

Runnnnnn fast fast......

Posted by RX350 > 2017-02-26 16:06 | Report Abuse

looks like there are still some KNM diehard supporters here to ask people to support when they throw their shares tommorow, lol!!!

Posted by dompeilee > 2017-02-26 17:58 | Report Abuse

Those STUCK will surely promote in case they panic tomorrow & need to sell, sell to those naive ones lo...

Posted by dompeilee > 2017-02-26 18:01 | Report Abuse

Remember free float of this co. is 1,6+ BILLION shares...unless there are funds willing to buy tomorrow(is there a good reason?)...well...I leave it up to your imagination...

Posted by RX350 > 2017-02-26 18:46 | Report Abuse

well said dompeilee, also, this is one of the hot counter among oil and gas with high volume, and I believe there are many small fish in this counter like us, just imagine it......

Posted by Tan Chin Hoe > 2017-02-26 18:56 | Report Abuse

Let's we start game tomorrow

Posted by 1009 > 2017-02-26 19:35 | Report Abuse

KNM code: 7164... meaning is: Go want road died, hahaaa.. Kill Next More la.
Only big big buaya can defenses KNM... small investors don't play play o
Sell sell sell, later we can buy cheap cheap shares play again.. ini macam UP baru ada power la...
U think if 10sen how many shares can buy? if up back over 30sen how many profit u can win?
Open road shoot down KNM, will want buy lower lower lower... hahaaa

Posted by davidtslim > 2017-02-26 20:56 | Report Abuse

Total Borrowing :
Q4: 1,321,595,000
Q3: 981,357,000

Pay interest also super high cost. Last quarter finance cost is 17 mil. Really very very poor company. No future at all for its biz.

Posted by Ehl1964 > 2017-02-26 21:20 | Report Abuse

Petronas Canada project going to start soon.

Posted by Liondking > 2017-02-26 21:22 | Report Abuse

go go kuan yim mah

Posted by Uftjhfj > 2017-02-26 22:57 | Report Abuse

Major support 0.32. fund will support there as knm will announce getting project as fast as tomorrow

Posted by ahbeng77 > 2017-02-26 23:01 | Report Abuse

if extract from the latest financial report. i.e. the losses was mainly due to the losses in (a) Kuantan and (b) Canada....

-------------------------from the latest financial announcement ---------------

...... The loss before tax for the year was mainly due to the losses in Canada and Kuantan operations, effect of foreign exchange and unforeseen logistic costs as compared with corresponding period last year.

...... The gross loss was mainly due to effect of foreign exchange, losses incurred in Kuantan operations and unforeseen logistic costs.

...... The gross loss was mainly due to lack of new order due to uncertainties on oil sand development and unexpected increase in project costs.


...... The Group recorded a loss before tax for the current quarter at RM319.66 million as compared with the immediate preceding quarter’s profit before tax of RM2.74 million, was mainly due to losses in Canada and Kuantan operations, effect of foreign exchange and unforeseen logistic costs.

Posted by ahbeng77 > 2017-02-26 23:01 | Report Abuse

can anyone share with me what is happening to this to operations? i.e. operation in Kuantan and operation in Canada.

Posted by RX350 > 2017-02-26 23:06 | Report Abuse

-5600.8%

Posted by labur88 > 2017-02-27 06:47 | Report Abuse

If I understand correctly, they accelerate recognition of their contract cost ahead of schedule. That's the reason why there is losses. It's pretty impossible logistic cost and operational losses are that high. This is clearly a "legit" kitchen sinking.

More likely than not you will likely see the reversal of losses in the next quarter when higher revenue comes with much smaller corresponding cost. The timing of the losses is pretty obvious. End the year bad and start the new year beautiful.

No doubt for those that don't understand it will be panic selling. But for those that knows what's going on, they will collect at cheaper price. Good luck.

Posted by ahbeng77 > 2017-02-27 08:41 | Report Abuse

not sure "the accelerate recognition of their contract cost ahead of schedule" is allowed by the M'sia accounting system? One more thing that i doubt of the saying:

"...... as mainly due to losses in Canada and Kuantan operations, effect of foreign exchange and unforeseen logistic costs."

what kind of the logistics losses? Hopefully the management will explains further, if not sure will be raised during the next AGM.

Posted by small_investor > 2017-02-27 09:07 | Report Abuse

wah .. strong buying also at 0.31 and 0.315

Posted by callme777 > 2017-02-27 09:08 | Report Abuse

Aramco and personas signing is tomorrow

Posted by AzerothJr > 2017-02-27 09:13 | Report Abuse

bought 500lot at 0.31

Posted by CUTLOST > 2017-02-27 09:14 | Report Abuse

Bought 1000Lot at 31cts for contra..

Posted by 1009 > 2017-02-27 09:15 | Report Abuse

Walau er.... why not die ler!!!! Why not got big kaki sell la!!!!!

Posted by dompeilee > 2017-02-27 09:21 | Report Abuse

Whoever bought 10,770,000 @ 33c at the open really dumbo to the max. Blur sotong...

Posted by callme777 > 2017-02-27 09:21 | Report Abuse

Bought 250k at 0.31

Posted by mushimushi > 2017-02-27 09:23 | Report Abuse

Sell sell sell

Posted by CUTLOST > 2017-02-27 09:30 | Report Abuse

Hope will sell it back at 36cts

Posted by AzerothJr > 2017-02-27 09:32 | Report Abuse

Just technical buy only.. cannot always let knm win your money.. after contra then run lor..

Posted by AzerothJr > 2017-02-27 09:34 | Report Abuse

me not greedy. 10% also good enough.

Posted by hklcheng > 2017-02-27 09:37 | Report Abuse

wait below 30sen ba

Posted by mfbs > 2017-02-27 09:39 | Report Abuse

Chill...hibiscus also down 2 cents..KNM 4 cents reasonable..

Posted by AzerothJr > 2017-02-27 09:41 | Report Abuse

bought another 500 lot at 31 sen.

Posted by dompeilee > 2017-02-27 09:42 | Report Abuse

I'm a little ashamed to admit I also bought 3 digit lots @ 30.5 & 31...

Posted by small_investor > 2017-02-27 09:47 | Report Abuse

KNM ... these operator slowly collect back ...

Posted by AzerothJr > 2017-02-27 09:54 | Report Abuse

remember later today or max tomorrow if got contra gain then run lor.. this counter is difficult to play. those bought at 0.37 sen will also need to run on wed as well.

Posted by 1009 > 2017-02-27 10:02 | Report Abuse

Yala... I sapu little only.. so fast up 0.32 more..
I think can close 0.345.. hahaaa

Posted by dompeilee > 2017-02-27 10:06 | Report Abuse

My own personal experience made it inevitable I had to enter KNM at some point. Was trapped at 96 since Mar 2012, then managed to escape @ 98.6c in 2014. Now I'm re-entering at a much LOWER price...