KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.065

Today's Change

-0.005 (7.14%)

Day's Change

0.06 - 0.065

Trading Volume

1,342,800


72 people like this.

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

tkl88

8,712 posts

Posted by tkl88 > 2019-01-10 16:59 | Report Abuse

When problem only got such cheap price...
So, as a smart investor should just buy when it is cheap and
holding till when Shining malaysia oil gas companies that time
which is record highest price only consider to unload it...
Do you agree with what i say ?

Posted by Marlboroman > 2019-01-10 19:46 | Report Abuse

When problem only got such cheap price 'could' mean a prelude to massive capital reduction and then complete delisting in due time.
So if you take risk and holding till Shining Malaysia oil gas time comes you may not get to offload anything because all shares literally burned.....zero
Do you agree with what I say ?

tkl88

8,712 posts

Posted by tkl88 > 2019-01-10 22:41 | Report Abuse

When the time company make high profit, the price already goreng to sky high, that time only you buy, you wanted to eaten by Sharks ?

chimchim

196 posts

Posted by chimchim > 2019-01-11 09:18 | Report Abuse

the project prospect looks good...but the problem of execution, operation and resources in this company. The challenging outlook seems does not favor knm at all, and all the delay payments to contractors show that this company is in a dire state of closed shop. The Peterborough and the Thailand waste project cannot help this company with the ballooning hidden costs from all aspect of engineering. My analysis is that it can be delisted and achieve PN17 by mid year of 2019 while they still delaying the UK project and lure some particular "intelligent" masterchef and sardine type of ppl into oblivion.

tkl88

8,712 posts

Posted by tkl88 > 2019-01-11 10:05 | Report Abuse

In booming economy & bull market 2019 -2026, So easy for any listed company to fall into PN17 ?
Any Ah Ju Ah Kao Ah Mao company also will perform well in this kind of economy & bull market
and their share price also will spike up to history record high and then they will making big monies
from their high share price !

Posted by masterkevin212 > 2019-01-11 10:06 | Report Abuse

To be delisted, it needs to fall under this categories:

1) Privatisation (Unless the majority share holder has hold more than 70% and above. But it is not possible now

2) If the NTA has become negative - But it is not possible now, knm has a very high asset of NTC which is 0.97 per share. Long way to go negative.

3) Delay in quarter report - But it is not possible, the quarter report and consolidate financial report is still on time.

4) No revenue or principal activities for business. But it is not possible. KNM yearly revenue stay at RM 1.5 to RM 2 Billion. Which is very high.


The borrowing is mainly for expansion in engineering such as investment into recurring business including buying land and building factory. The new valuation for property will be in this year. This would help to increase its NTA.

chimchim

196 posts

Posted by chimchim > 2019-01-11 10:48 | Report Abuse

u talk cock sing song....while outside contractors putting banner and red paint knm building for not paying up its due

Posted by masterkevin212 > 2019-01-11 10:57 | Report Abuse

Sardin...base on the latest quarter report, knm has RM 435m cash in bank

Posted by masterkevin212 > 2019-01-11 11:00 | Report Abuse

The new Government of malaysia will only award the job to the expert in actual field. Unlike in the past. We are targeting more jobs in WTE for KNM.

Posted by masterkevin212 > 2019-01-11 11:02 | Report Abuse

ON TOP OF THAT, DON'T FORGET ANOTHER TARGETED BUSINESS FOR KNM, KNM IS ONE OF THE GLOBAL PLAYER IN PRODUCING PRESSER VESSEL TO HUNT FOR 225.84 BILLION USD MARKET WORLDWIDE ACCORDING TO PRESSURE VESSEL MARKET REPORT 2019-2024


Pressure Vessel Market To Reach $225.84 Billion By 2024

The global pressure vessel market is expected to reach USD 225.84 billion by 2024, according to a new report by Grand View Research, Inc. Increasing investment in energy sector is anticipated to be the major driving factor for the industry growth.

These vessels are containers designed to hold liquids or gases at high pressure. They have wide applications across various industries including chemicals, oil & gas, petrochemicals, power in the form of compressed air receivers, distillation towers, hot water storage tanks, nuclear reactor vessels, and natural gas storage systems.

They form an integral part of industry infrastructure for safe handling of gases and liquids. Increasing investment to build high performance-infrastructure for oil exploration activities is expected to drive the industry. The tanks are also used to store propane which is a by-product of liquefied gas processing.

Their application as boilers in thermal energy production is further anticipated to augment the industry volume in near future. These boilers are also used for the domestic hot water system. Many companies need water in the purest form and use fractional distillation. Overall product usage in distillation towers is anticipated to provide great opportunities for overall industry growth.


Global Pressure Vessels market report emphasizes on detailed analysis of companies and manufacturers like Doosan, KNM, SPVG, Mersen, JSW, Belleli, NK, ATB, CBI, IHI Corporation, Mitsubishi Heavy Industries, Hitachi Zosen, Morimatsu, L&T and Others.



https://www.openpr.com/news/1054776/Pressure-Vessels-Market-Report-for...


https://www.prnewswire.com/news-releases/global-pressure-vessels-marke...

https://www.egypt-business.com/Ticker/details/1803-Global-Pressure-Ves...

Posted by masterkevin212 > 2019-01-11 11:10 | Report Abuse

chimchim

Supplier putting banner to demand for payment that happens to a JV between KNM with china company. These payments to be paid upon agree by both parties. Moreover the amount is so little RM 2 million ++ for the supply of material.

I will only say, this is a cheapscake supplier by putting up the banner to demand for payment, they can go with litigation way in fact. Not forgetting, KNM has no legal case under material litigation for the past few years, you can see the in the annual report.

RM 2 million is not a big deal for KNM JV company, It could be some disputes of the quality product provided by the Supplier and this supplier is a bloody fool supplier can be said that. Very childish way of doing business. i believe this supplier will never get any job not only from KNM...I believe other O & G company will not give chance to this kind of childish supplier

Posted by masterkevin212 > 2019-01-11 11:15 | Report Abuse

May be, KNM purposely to do that by asking supplier to put up the banner, so that you can dump some shares with the cheapest price for them

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-01-11 11:17 | Report Abuse

anyhow, this stock is good to keep

Posted by masterkevin212 > 2019-01-11 11:19 | Report Abuse

IF KNM going to fall under PN company, do you think they can get a credit facilities to expand the business?

Posted by masterkevin212 > 2019-01-11 11:25 | Report Abuse

You go and ask SUMATEC or others half death company go and get credit facility and see, .....who will give?

klse1997

254 posts

Posted by klse1997 > 2019-01-11 11:32 | Report Abuse

Serious cash flow prblm with KNM.. they still can secured big jobs.. however funding remains a big stumbling block

Posted by masterkevin212 > 2019-01-11 12:20 | Report Abuse

Andy,

then, you need to refresh your mind, it was one time Air airsia price fell down to RM0.70 cents During 2015 Sept and went up to RM 4.00 in 2-3 years later.

Then, could you please tell me, who is stupid to sell at RM 0.70?


In fact, no one is stupidity, because people follow rhythm the most. When see the price falling.....leg and egg also shaking........when see the price are up, how much also don't care just go in.

Some one behind can manipulate by selling down and giving bad news during low season and you sell they buy.

mfbs

1,229 posts

Posted by mfbs > 2019-01-11 14:23 | Report Abuse

Masterkevin212: u right bro

tkl88

8,712 posts

Posted by tkl88 > 2019-01-11 14:38 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/01/11/chinas-liu-said-to-visit-us-on-jan-30-to-31-for-trade-talks/

China's Liu said to visit US on Jan 30 to 31 for trade talks Friday, 11 Jan 2019 1:03 PM

tkl88

8,712 posts

Posted by tkl88 > 2019-01-11 14:43 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/01/11/factories-hired-more-workers-higher-salaries-reported/
Factories hired more workers, higher salaries reported ECONOMY Friday, 11 Jan 2019

tkl88

8,712 posts

Posted by tkl88 > 2019-01-11 15:57 | Report Abuse

Oh... beautiful... now hitting 0.09 (+0.01) (+12.5%)
Today might be closed at 0.095 (+0.015) (+18.75%) !

Friendship

1,616 posts

Posted by Friendship > 2019-01-11 19:02 | Report Abuse

Pls sell more to me

nicky

3,359 posts

Posted by nicky > 2019-01-13 09:42 | Report Abuse

This counter obviously is game over...

no3no4

58 posts

Posted by no3no4 > 2019-01-13 13:40 | Report Abuse

Yes , we knew it

mfbs

1,229 posts

Posted by mfbs > 2019-01-13 17:48 | Report Abuse

Tomorrow 9 cent?

I3twx

26 posts

Posted by I3twx > 2019-01-14 09:08 |

Post removed.Why?

Woodswater

3,783 posts

Posted by Woodswater > 2019-01-14 09:24 | Report Abuse

If u always listen to those haters ‘ saying , never do ur homework , never take any risk , never bet , never wait , never hold ; I strongly believe , coming never decade , u ll totally eat SHIT !


Wakakakakaka

Sales

3,289 posts

Posted by Sales > 2019-01-14 10:12 | Report Abuse

Sardin81, why you only promote KNM stock? Are you paid to promote?

kaichin83

40 posts

Posted by kaichin83 > 2019-01-14 10:39 | Report Abuse

sardine 81 is a hardcore supporter ,

tkl88

8,712 posts

Posted by tkl88 > 2019-01-14 10:55 | Report Abuse

Sardine 81 i fully support u... KNM i'm full loaded @ 0.07
Before CNY KNM probably will break above 0.20 ! (+185.7%)
By end of 2019 even more higher and will break above 0.80 (+1043%)
I'm betting it to break above RM1.50 in the year of 2020 (+2043%) !

Posted by WangLingxin > 2019-01-14 11:03 | Report Abuse

knm got potential to be really good?

ZhuJiaHao

45 posts

Posted by ZhuJiaHao > 2019-01-14 11:11 | Report Abuse

interesting share. will look into knm before i buy in

signalmw

3,314 posts

Posted by signalmw > 2019-01-14 11:38 | Report Abuse

KNM cash cow? tipu lah… last time I buy at RM1 luck sell at 1.02 take money. Now drop until 0.075 … what happen? cash company like that. I think like perisai

ZhuJiaHao

45 posts

Posted by ZhuJiaHao > 2019-01-14 11:42 | Report Abuse

yes i saw that on the news as well. but one cant be too careful. appreciate your sharing as always!

tkl88

8,712 posts

Posted by tkl88 > 2019-01-14 12:18 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/01/14/china-posts-strongest-export-growth-in-seven-years-in-2018-despite-trade-war/

China posts strongest export growth in 7 years in 2018 despite trade war

tkl88

8,712 posts

Posted by tkl88 > 2019-01-14 12:32 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/01/14/foreign-investors-make-a-comeback-on-bursa-malaysia/

Foreign investors make a comeback on Bursa Malaysia

signalmw

3,314 posts

Posted by signalmw > 2019-01-14 15:48 | Report Abuse

on.07

chimchim

196 posts

Posted by chimchim > 2019-01-14 15:58 | Report Abuse

sardin, u do biz no need to mention operating, outsource and other outflowing cost ah? ur maths so good why not go and buy 10 big names company and then tell them u just want all empty inside, just the name only...of coz u will get very cheap price...

Posted by masterkevin212 > 2019-01-14 20:30 | Report Abuse

The Company wishes to announce that the Company has on 14 January 2019 entered into a Share Purchase Agreement with Petrosab Sdn Bhd (“PSB”) to acquire the remaining balance of 6,048,884 ordinary shares or 99.34% equity interest in Petrosab Petroleum Sdn Bhd (“PPSB”) from PSB for a consideration of RM1.00 only (“the Acquisition”). Upon the completion of the Acquisition, PPSB will become a wholly-owned subsidiary of the Company.

Posted by masterkevin212 > 2019-01-14 20:31 | Report Abuse

why? knm wanna venture into petrol carigali?

PeterPan

1,582 posts

Posted by PeterPan > 2019-01-14 21:01 | Report Abuse

Cheong ahhhhh

tkl88

8,712 posts

Posted by tkl88 > 2019-01-14 23:16 | Report Abuse

Superb Good news!!!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6034933

Acquisition of Petrosab by KNM Group Berhad

tkl88

8,712 posts

Posted by tkl88 > 2019-01-14 23:20 | Report Abuse

Tommorrow KNM will Spike up to break above 0.20
Before CNY will break 0.50 to give Ang Pow to all die hard KNM supporters !

chimchim

196 posts

Posted by chimchim > 2019-01-15 11:37 | Report Abuse

bullet less liao after acquisition...It will be 0.065 by next week

Posted by masterkevin212 > 2019-01-15 19:47 | Report Abuse

Acquisition only cost RM 1

tkl88

8,712 posts

Posted by tkl88 > 2019-01-16 16:02 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/01/16/rare-singapore-hotel-site-gets-record-us$415m-bid/
Rare Singapore Hotel site gets record US$415m bid

Property sector for asian countries started to booming ?

nich0las

2,788 posts

Posted by nich0las > 2019-01-16 16:46 | Report Abuse

Huh? RM1 acquire for 1 co.? That co. must debt alots.

Posted by masterkevin212 > 2019-01-17 11:21 | Report Abuse

My be Petrosab Petroleum Sdn Bhd has a billion of contract to start soon?

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