No jolk , within 3 months Time privatization activates at 0.05 . Make sure v hv >10% shares to reject . Sll of us bilis must 2gather join our support to Sardin . Otherwise v all hug fie 2gather ! Insider news !
why the director IR LEE so stupid ar,when price high no wanna sell only wait till 10cts only sell? or he himself think this company is another PN 17 candidate?
Stupid is not director which he secretly absorbed these few months which Sardin told us Qr purposely shown lost due to forex xchange n push down meantime grabbing without ur notice ! Now it is the time according my brooker insider news . Good luck since it is uglier than Bornoil shares I hold now !
Eat KNM is like eat puffer fish- The poison in one pufferfish is enough to wipe out 30 humans, and there's no known antidote. Yet, many people eat it. wakaka
Circumstances by reason of which change has occurred: Married deal from Inter Merger Sdn Bhd to Aveda Assets Capital Inc. Subsequent to this transaction, Mdm. Gan Siew Liat's total direct and indirect interest in KNM Group Berhad remains unchanged. Nature of interest: Indirect Interest.
What happend to the IR Lee & his wife Mdm Gan Siew Liat ? Based on above links & statement, are both of them wanted to sell off their company ?
General lee is sold off his shares , he had retreat fr Knm . China corsotium is taken over . Thereafter privatization is activated within few months, good luck , bro .
Insider news , today closed 0.050 . Privatization is quicker than I knew from my broker . Someone who promote here has been awarded commission kao kao liow . If u not believe , pls go my comment b4 at Bornoil that the one has appeared by using I’d as Neuwook done a same thing to misleading us !
Privatization? what a joke, accordingly, with 0.97 NTA the lowest they have to offer is 85% of 0.97 which is 0.82 cents for privatization. Which means we are still buying at the low asset.
If it is privatised, they will move the share up to a reasonable level only they will go for privatisation. You can see Merc eventually they moved to 80 cents ++ to reflect the actual value.
Don't be childish, you thought they press down the press then they can go with the lowest price for privatisation? no way lah.......we we agree also...EPF will not agree......and no one will agree, by that time share advisory will advise the minority share holders for the best price to go privatisation which is normally not below 85% of its NTA 0.97
Sardin , I like u r comment . That’s y tis few days I just sharing what I heard from mt broker included 5c , collapse , but hv u notice that I never mention I throw , I ran , I dispointed . One thing is very important is I still holding just like I still holding 300 k of my Bornoil shares . The matter is I hate those who always spread fake news to trap others . I hope ur not the one . If really 5 c also very good attractive price La.......
Wow, unbelieveable, now at 0.08 from my purchase price of 0.07 , 0.08-0.07 = 0.01/0.07 * 100% => +14.3 % I'm already making profits of +14.3% in just within 2 hours of time ! Hahaha !
Friendship, if you put your monies in FD, just can get about 3% per year, this +14.3 % return is almost equavalent for you to put FD in bank and only can get the same return in about 5 years later leh.. why said as a peanuts and not consider as a big profits???
Alex, i know one of the expert advisory and he is the boss of one of the biggest firm granted licensed by Bursa for advisory services which includes IPO, Privatisation etc. He did also involve privatisation on behalf of minority shareholders.
Base on the latest consolidate statement the properties, plants and equipment are the comfortable level which is about nearly 50% of the total asset. As such, the current share price is considerable cheap. It could support higher price for Privatisation which means above 0.97 of NTA.
Even though the long term gearing is up with more borrowing and it is not good in time for current bad market, but all these borrowings are mainly used for business expansion such as ethanol plants, peterborough project etc. which will generate some recurring income in near future.
What i can foresee KNM are:
1) In December 2018 - Government's owned company worlwide is partnering with China Western power for (WTE plant in selangor)and approved RM 500million for work. (China Western Power has been long term partners with KNM including recently the award of Peterborough RM 1.9B to china western power)
2) More to come (Waste to energy WTE) projects in Malaysia.
3) Ethanol price remains stable while the cost of cassava is at the reasonable price for production cost also in line with the Thai government for green energy. The second plant is coming up which will contribute 300,000 litres daily to make in a total of 500,000 litres daily which will contribute 11% market in Thailand. Thailand is the biggest export of cassava 50% worlwide + Cambodia and Myanmar = 80% worldwide. They have no problem to get the source for production.
3) There are many completed projected in O & G need maintenance, Their maintenance contract is long term.
4) There are many others source of income and contract for KNM, Including china national chemical with USD 1 Billion contract, and KNM is one of the selected contractor/supplier; recently just awarded the package.
5) Also, most of the businesses are oversea even if malaysia is down turn, the impact is not much. They still can continue with maintenance contract.
6) borsig is one of the Key bullet 100% subsidiaries of KNM, making RM 100 - 200 Million profit a year. with this can cope with paying all debts by disposing Borsig at above RM 2 Billion any time.
With over RM 1-2 Billion revenue a year. where to find such a cheap company in the world.
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....
i3lurker
14,951 posts
Posted by i3lurker > 2018-12-17 12:36 | Report Abuse
already 4 quarters of losses