KNM is currently in recovery mode. Bearing any unfavorable event it is expected to be in a much better financial position in the next 12 mths.
As at end Sept, 2017 its NTA stands at Rm1.14 and total reserves at RM1.5b. Considering this, the current share price is undervalued. The bio-ethernol plant in Thailand is already in commercial operation since Sept, 2017. KNM is planning to build its recurring income business and this has started bearing fruits. Under phase 2 another 300,000 liters per day of bio ethernol plant is under construction and expected to commence commercial operation in Q4, 2018.
KNM is currently being turnaround. In Q4, 2016 it reported a net loss of RM330m. Hope it can show a net profit in Q4, 2017. If the performance in Q4, 2017 is better than Q4, 2016, then the positive sentiment will be accordingly reflected in the share price and we can expect a positive increase in the share price.
KNM is like in a similar situation where Hibiscus use to be about 1 year ago. Huge upward potential is awaiting. This is an opportunity to accumulate. Once a positive Q4 is reported all current negative EPS and ROE reporting will be reversed to positive.
Buy now and at least hold it for 6 to 9 mths to gain handsome profit.
Knm is holding borsig Germen 100% and the borsig is worth of at least RM 2 Billion. But KNM shares is worth of Market cap RM 0.675 Billion as of today.
What about other assets - Ethanol Plant in Bangkok x 2 plants (These 2 plants can generate 12% ethanol for thailand market. - Own Land with 80 acres for powerplant to max 80MW, Currently under construction for 36MW in peterborough UK - Other asset and property - Contract in hand RM 2 Billion
Coming up upstrend of crude oil price nearly USD 70 PER barrel. More related oil and gas serving equipments need to be replaced and repaired and KNM is well known to provide these services.
I am not worry and trust KNM management. i consider this investment as FD, will come back to see it in one year time. Surely profit will be more than FD multiple time..
The pattern happened as per October 2017. Two three days action. The long candle is appeared then uptrend. Talk based on fact. We try to push. But no power of hold. Will be happened again? Hurmmm
waiting till 26 cent . knm will rebound back . and financial also support the demand . dont worry to much . hold your share and buy more . listen to me
knn itu knm . when all other oil counters are going up today knm down. wtf knm doing also tak tau high nta and keep asking right issur . then should be a cash rich company . why losuy than others lost money oil counters
no worry ivan, there are still many followers believe in KNM... last few days all huhuhaha here, giving tp to the moon to the star to the pluto. but now quiet dy
Knm is holding borsig Germen 100% and the borsig is worth of at least RM 2 Billion. But KNM shares is worth of Market cap RM 0.675 Billion as of today.
What about other assets - Ethanol Plant in Bangkok x 2 plants (These 2 plants can generate 12% ethanol for thailand market. - Own Land with 80 acres for powerplant to max 80MW, Currently under construction for 36MW in peterborough UK - Other asset and property - Contract in hand RM 2 Billion
Coming up upstrend of crude oil price nearly USD 70 PER barrel. More related oil and gas serving equipments need to be replaced and repaired and KNM is well known to provide these services.
ZZzzZZZZzzzzz fugfugfug with lov, I sold all at 0.270 which i bought at 0.42, kinda lost 50% of my capital. Can ask all the big brothers here? can I buy back next week, will it go up? My friends scolded me for selling so early. They say it can go up to 0.80 at least (I don't know why 0.80), given that oil price (One guy say oil price will sling shot back to USD 100) and myr continue to rise and compounded with CNY and GE effect.
all the big brother sifu, can give me advise? I'm just 19, so I'm new to stock market.
Lovely99,if i became u like this,one day i will lost all the money.u can see chart of Knm,now is the lower price,the oil price is still uptrend.now is the time for keep hold n wait.
Lovely99, may I offer my humble opinion. Check first the market situation. Now coming GE 14, all the O&G stock will have good results. Especially the oil prices is going up.
Thank you so much for your advises 33^^. My friend told me to try and queue buy at 0.27-0.28 on Monday, hopefully can get back in, do you think I should do that? Do you have tips what other stocks I can buy?
Refer to KNM Dec 2013 to August 2014 chart...if every things in the right order...knm price will move and will go up wildly....the bads and delay almost gone....oil stabiling and company projects seeing light...ethanol plant phase 2 started and Peterborough UK about to start...maintenance contract may start filtering through...it wont be as bad as 2017 for sure...things will get interesting moving forward from here...27//28/29/30 sen which level going in is still good buy...sure things will improve for KNM and include share capital gain ....be patient...we buying in a company with yearly more than 1B turnover at this price...downside limited but upside a couple of times your capital..risk well taken if you ask me.
Agree! Oil n gas is uptrend. Knm also is uptrend. What's the matter. Last week just a sweet correction guys. Nothing else. To move higher you need to rest a while. It's normal. Keep holding
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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....
Friendship
1,616 posts
Posted by Friendship > 2018-01-10 06:51 | Report Abuse
Oil price surging
Today panic buying on all O&G stocks!
KNM break 0.35 today and marching towards 0.50 by end of the week!