Posted by smalltimer > 2018-08-31 01:07 | Report Abuse

KNM means fck ur own mother...n this company is doing it..fck your shareholders

Posted by ganapathy18 > 2018-08-31 11:46 | Report Abuse

Dear KNM Management,
It has been disappointing to note yet another grandfather disappointing story from you on the Q2, 2018 results. KNM has become a great story teller each Q which is not pleasing any shareholders. To refresh your memory the losses recorded since 2016 has been as follows :

2016 - RM311m
2017 - RM42m
Q1, 2018 - RM18m
Q2, 2018 - RM33m

As a result of these continuous losses, KNMs' balance sheet is getting weaker i.e the hard fought and built up reserves (retained earnings) has dropped significantly by an astounding RM1345m when compared between the position as at 31/12/15 (RM1766m) and 30/6/18 (RM421m). If the trend continues this reserves could soon be completely wiped off and KNM will be in total distress mode.

Despite raising RM51m via a private placement on 29/11/17 of which RM40m was paid to reduce your debts, your total loans and borrowings (in multiple currencies with high forex risk exposures) as at 30/6/18 (RM1296m) has in fact increased by RM108m in comparison to the Loans and borrowings amounting to RM1188m as at 31/12/17.

With all these losses and mounting debts with high forex risk exposure, I regard KNM is bleeding and in trouble waters, now blindly heading towards a storm. Please move the ship to the shore and first find a way to fix the holes and cracks in the ship. Please review the assets (e.g Borsig) and loss making segments and consider some disposal so that the loans and borrowings could be reduced/paid off with a view to getting back into profitability and strengthening the balance sheet for the mutual benefit of all the distressed shareholders.

The above high debt level was brought up and mentioned during the last AGM and the Management mentioned that the debts are at manageable level. If it is at a manageable level, then how come still continuously showing a loss despite recording higher revenue in Q2, 2018?. The recorded higher revenue trend is still a good positive sigh for KNM despite the losses as KNM still has hope for a positive turnaround provided some drastic measures are taken. Hope KNM Management can openly reconsider its view and thoughts on this matter.

I also note that there has been on mention on the progress of the Peterborough project in the latest report. Hope KNM can exercise some transparency on this matter as well so that shareholders are in the know and not kept in the dark.

Posted by ganapathy18 > 2018-08-31 11:55 | Report Abuse

Have sent an email to KNM, will they respond?

Posted by ganapathy18 > 2018-08-31 12:03 | Report Abuse

With current low share price with reasonable growth in revenue, KNM can also become a target for take over by other companies.

Posted by chinaman > 2018-08-31 12:08 | Report Abuse

Yes, Poor earnings but jewel assets. anyway, i still have strong confidence on its renewable energy future process and its turnaround. If got money, i'll top up further on this KanNiMa gradually. wakaka.

Posted by Friendship > 2018-08-31 18:32 | Report Abuse

Management is acting la
Just buy when it drops
Keep for another 10 years sure win

Posted by InvestorKING > 2018-09-01 10:10 | Report Abuse

No need 10 years, within another 3years Sure win, because of 2 mega project are in operation

Posted by smalltimer > 2018-09-01 19:37 | Report Abuse

Its b3en 3 yrs talking..wen start in the money?

Posted by carilembu > 2018-09-03 09:21 | Report Abuse

Used to be a darling stock 3-4 years ago now forgotten and making history again and again... historic low price.

Posted by kaichin83 > 2018-09-03 09:45 | Report Abuse

0.16 ….finish .. who still have faith in this stock ????

Posted by chimchim > 2018-09-03 10:15 | Report Abuse

kaichin83 ask the sardin can...

Posted by Alex™ > 2018-09-03 12:41 | Report Abuse

Cut lost~ Alex lost until ahma also cannot recognise ~

Posted by apolloang > 2018-09-03 12:43 | Report Abuse

why buy Kan Neh Mah? the name also says so....hehe

Posted by KEYBOARD > 2018-09-03 12:54 | Report Abuse

thor thor thor

Posted by Alex™ > 2018-09-03 12:56 | Report Abuse

Alex stupid ma... Always bought stupid counter... Sian...

Posted by Alex™ > 2018-09-03 12:56 | Report Abuse

Prepare stuck 10 years

Posted by smalltimer > 2018-09-03 13:55 | Report Abuse

Use to be darling stock, now get use to be baling stock

Posted by masterkevin212 > 2018-09-03 14:23 | Report Abuse

When the quarter financial result shows losses, you all panic,

You must know, this is one of the strategies the big players are hunting your shares.

Losses due to depreciation of ethanol plants in thailand, Normally every year will depreciate 20% when record in accounting book. This is normal but will not affect the earning or even cash.

Just like why most of the directors from Sendirian Berhad company used to buy car or machines under the name of the company, so that the company can claim back the depreciated value to avoid paying tax for profit.

This one is exactly the same, when you only see losses and you get panic, infact you are selling cheap to big player.

When everything gets back to the right track, big player will goreng and sell back to you at RM 1.50

Posted by Alex™ > 2018-09-03 22:03 | Report Abuse

Okok, tmr buy back

Posted by smalltimer > 2018-09-03 22:10 | Report Abuse

Wat the fck? Syndicate control klse legally?

Posted by AzerothJr > 2018-09-04 09:54 | Report Abuse

I already say KNM coming to 10cents before. PN17 counter, see sardin talk so much like pro when result out MIA. typical con man type.

Posted by AzerothJr > 2018-09-04 09:56 | Report Abuse

You dont believe in unlucky? look no further those that bought KNM will all lose money after losing money. Means drop low d then further lower until you regret buying stocks. Anyway good luck to KnM holders.

Posted by chimchim > 2018-09-04 10:43 | Report Abuse

The sardine can now stock up all dead fishes inside...expired liao

Posted by AzerothJr > 2018-09-04 15:50 | Report Abuse

But sardine will definately be back to bash me. Just a tin kosong only however. Empty can make the most noise.

Posted by Alex™ > 2018-09-04 16:41 | Report Abuse

Sad, red again

Posted by alvinnkf > 2018-09-04 16:51 | Report Abuse

no worry , same boat of us, I'm still on keep buying now ...

Posted by Alex™ > 2018-09-04 17:40 | Report Abuse

Yes pls push up to 20sen for Alex to exit... Alex duwan play value investing liao.... Tipu ppl one

Posted by hollandking > 2018-09-04 18:27 | Report Abuse

what is this, let me check first

Posted by AzerothJr > 2018-09-04 18:58 | Report Abuse

Buying many things is value investing but buying KNM is not called value investing. Its called speculations or gamble and hope it will be goreng. Dont believe me ask many other pros that couldnt be bothered to post here.

Posted by AzerothJr > 2018-09-04 19:03 | Report Abuse

But i also no doubt with that many gamblers here Knm will still be goreng again but be smart to take money when you see else not only no money to take later left only paper.

Posted by AzerothJr > 2018-09-04 19:05 | Report Abuse

Last i already told you guys to take profit near 20cents coz this stock is always one night stand type. So good luck to wait and hope your waiting bear fruits.

Posted by alvinnkf > 2018-09-04 20:02 | Report Abuse

Stock invest is personality .. if you believe just buy if no just sell and put your money to invest which your confidence counter .. all decision is make by yourself ....

Posted by chimchim > 2018-09-05 10:49 | Report Abuse

Sardine can said the yeo bee yin will support their renewable energy initiative... Wakaka I just laughed.

Posted by kaichin83 > 2018-09-05 17:09 | Report Abuse

doomday …….

Posted by Alex™ > 2018-09-05 19:53 | Report Abuse

New low everyday...

Posted by smalltimer > 2018-09-05 19:53 | Report Abuse

Knm had request to chsnge co name to SKK..to reflect current situation

Posted by Yael Jasper > 2018-09-06 10:40 | Report Abuse

Wow! earn more again! good stock, i have earned a lot to pay my bills.

Posted by pineapple > 2018-09-06 11:09 | Report Abuse

Waiting....

Posted by Lim Tek Wai > 2018-09-06 11:37 | Report Abuse

Wow! earn more again! good stock, i have earned a lot to pay my bills.

Posted by Friendship > 2018-09-06 16:50 | Report Abuse

Buy more and wait for 3 years sure win

Posted by Alex™ > 2018-09-06 19:35 | Report Abuse

Why stuckkkkk

Posted by winmxaa > 2018-09-06 19:48 | Report Abuse

ya friendship just buy more and keep 5 year, sure up.

Posted by Alex™ > 2018-09-07 16:01 | Report Abuse

New low!!!

Posted by chimchim > 2018-09-07 16:11 | Report Abuse

Looks like goin to pn17

Posted by Ammar Roshidy > 2018-09-07 19:26 | Report Abuse

Sardin81, please look up falling knife.

Posted by Alex™ > 2018-09-08 10:19 | Report Abuse

sadding yo~ Monday new low again~

Posted by smalltimer > 2018-09-08 10:26 | Report Abuse

Co apply change name to FYM

Posted by KEYBOARD > 2018-09-10 09:53 | Report Abuse

bad news bad drop still call for 3 years 5 years...my god..can I buy after 2years 11 month...haha

Posted by KEYBOARD > 2018-09-10 09:58 | Report Abuse

Monday new low...0 cents

Posted by Yael Jasper > 2018-09-12 11:05 | Report Abuse

Good profit, able to buy more nasi lemak already hehehe