Posted by Geevakumaran Manorgra > 2019-04-19 09:55 | Report Abuse

Luckily sold at 0.17.. Mr Lee did against ...

Posted by Geevakumaran Manorgra > 2019-04-19 09:58 | Report Abuse

Made 20k profit...bye n thanx

Posted by Goldensnow > 2019-04-19 10:13 | Report Abuse

This PP should make the price increase since its for investment rather than debt restructuring.

Posted by field123 > 2019-04-19 10:20 | Report Abuse

Price will rise back in near

Posted by stillloss > 2019-04-19 10:33 | Report Abuse

PP price yet to determine right

Posted by Flyinghorse > 2019-04-19 10:36 | Report Abuse

0.160 leo. Steady. Will go up again

Posted by Goldensnow > 2019-04-19 10:38 | Report Abuse

10% PP big investor coming in. Hold your horses.

Posted by Johnwick3709 > 2019-04-19 10:51 | Report Abuse

Pp will be somewhere 10 sen... The prices will drop according to that or lower.
as big investors need to earn also ma.. You think knm will give them at current market prices ahh????? In your dream... They will give at premium prices. Better becareful..

Posted by stillloss > 2019-04-19 11:08 | Report Abuse

PP price should be around 0.15

Posted by stillloss > 2019-04-19 11:12 | Report Abuse

0.155 is coming

Posted by Johnwick3709 > 2019-04-19 11:21 | Report Abuse

Lollll...i doubt 0.15 since now trading lowest 0.155..you do the math laa. We wait and see. If 10 percent of pp bought at 0.15 and market prices at 0.155...better buy at market lorrr. Aiyooo.. They got the cash and power to do that. The reason for pp is to exercise the shares at cheaper prices then market prices..principle works same as right exercises.. That investor need to gain then only will get them interested...we don't know to whom this shares is for in the first place.

Posted by xenze > 2019-04-19 11:34 | Report Abuse

PP price will be at 0.2c don't worry
Next week will spike up 0.30c

Posted by stillloss > 2019-04-19 11:36 | Report Abuse

they tried to maintain at 0.17 for several days is for the purpose of PP. average of 5 days price, at a discount of around 10%... about that price la.

Posted by small_investor > 2019-04-19 12:18 | Report Abuse

no one ask who is the independent investor .. could be political linked person

Posted by Goldensnow > 2019-04-19 12:58 | Report Abuse

1 investor 10%. Must have alot of money

Posted by small_investor > 2019-04-19 14:48 | Report Abuse

Push to 0.22 and give 10% to PP investors .. at 0.2

Posted by xenze > 2019-04-19 15:17 | Report Abuse

Don't worry next week will fly to 0.30c
Smile and don't miss the boat

Posted by masterkevin212 > 2019-04-19 15:41 | Report Abuse

If your read carefully, Raising fund from private placement. The purpose is to expand the production line in Thailand Ethanol. This raising fund is not for other purposes. They are keen to increase the daily production from 200k litres to 500k litres per day. 1 litre current price is RM 3.05....you count your self.

This private placement is about the bond and issued to the investor mainly for Fund body (Fund Manager)at a premium price to be confirmed later.

The higher the closing price of KNM, the more they need to fork out to subscribe for private placement and normally the price will maintain as it is or more.

After subscription for private placement. Just a matter of time the fund manager will push up the price for their own benefit purposes.

Most importantly, Raising fund is not for paying debts, but for business expansion is more than glad thing they think now is the right time to do it.

Posted by small_investor > 2019-04-19 15:54 | Report Abuse

Last time Tony PP RM 1.0 billion at 1.80 then AA price up 3++

https://www.theedgemarkets.com/article/airasia-completes-rm1b-private-placement-major-shareholders

Posted by small_investor > 2019-04-19 16:01 | Report Abuse

200k litres to 500k litres per day. at 30 million cost .. very chep .. I like this expansion BUY BUY BUY !

Posted by small_investor > 2019-04-19 16:09 | Report Abuse

https://www.biofuelsdigest.com/bdigest/2019/04/08/thai-b20-mandate-set-for-end-april/

Next month onward all trucks and bus fuel will require B20 ( 20 % ethanol ). That why KNM need this expansion fast

Posted by masterkevin212 > 2019-04-19 17:51 | Report Abuse

It is because the oil price has risen and Thailand is going to increase the usage and encourage domestic ethanol to be used. Thai's government is very smart.

Unlike malaysia, spoiled the sugarcane farm and import raw sugar. It doesn't work and will increase our country deficit only.

Posted by Flyinghorse > 2019-04-19 18:04 | Report Abuse

Monday will up up up up

Posted by Flyinghorse > 2019-04-19 18:04 | Report Abuse

Stay tuned for a good show on monday

Posted by Goldensnow > 2019-04-19 21:47 | Report Abuse

Nice one KNM! Trust on General Lee!

Posted by Gemini > 2019-04-19 21:59 | Report Abuse

Private placement is borrow money from bank and company pledge their shares. Where is knm cash reserve??

Posted by small_investor > 2019-04-19 22:11 | Report Abuse

What matter here is who is the PP investor.. 10%of PP for current pricw is small value.. To me it seem like someone want to IN this company as it can see prospect and growth in this company on EPPC and renewable enargy.

Posted by Goldensnow > 2019-04-19 22:21 | Report Abuse

Gemini, PP is stated as investors NOT borrowings from bank!

Posted by Gemini > 2019-04-19 22:29 | Report Abuse

PP is usually not very good news

Posted by xenze > 2019-04-19 23:47 | Report Abuse

U must c who take up the 10% PP
Just imagine PM son is the one who take up

Posted by xenze > 2019-04-19 23:51 | Report Abuse

A white knight to the rescue
AGM will hv good show

Posted by Friendship > 2019-04-20 00:02 | Report Abuse

Looks like the operator lost in the game of pressing down prices and they lost % of share holding. And now they had to fork out extra money to buy back shares haha

Posted by masterkevin212 > 2019-04-20 15:22 | Report Abuse

Gemini....taking about cash reserve,

Well, if you have 400k cash in bank and your application to get the loan from the bank for 800k - 1.2m should be any problem

If you don't have money in the bank and apply for 200k loan, bank will ask you go home and sleep.

Reserve cash doesn't mean we much utilise it in time of need.

Posted by masterkevin212 > 2019-04-20 15:25 | Report Abuse

Of cause, not every company can get PP easily depending on the investor's interest. If they trust KNM, Then.....they will go ahead with PP


You ask Sumatec or Daya to get PP and see who else will bother them?

Posted by Gemini > 2019-04-20 17:42 | Report Abuse

If have cash reserve of RM400 mil why bother over PP of RM36 mil. This is contradictory. I think the issuance of 10% KNM shares is to pay off for certain party “ permission “ to set up plant there in Thailand. You know I know ok no need draw out pictures la. If this is the case then it makes sense to issue the additional 10% shares coz no need touch cash reserve.

Posted by Gemini > 2019-04-20 17:46 | Report Abuse

Beware..... boss is passing the 10% to retailers

Posted by masterkevin212 > 2019-04-20 17:56 | Report Abuse

Then...retailers will have to push up the price only sell...let them push up loh

Posted by balvin71 > 2019-04-20 18:36 | Report Abuse

Last time PP at 0.24 after that drop below 0.10. Now PP at 0.155....will drop or go up?

Posted by balvin71 > 2019-04-20 18:42 | Report Abuse

To do PP means no money la. Bank also don't want to.lend anymore. Company bleeding cash. General & family members salary millions a year. So need PP la....if not how to makan. You think he & family want to reduce his salary?

Posted by Johnwick3709 > 2019-04-20 18:54 | Report Abuse

It's up to them to dream of sky and rainbow...big projects doesn't always mean good.. Huge cost and expenses take in place. Knm is not in the position to sustain their demands...knm is covering up by saying expansions.. Ive told before that the sudden price increase look suspicious.. Now they have drop you with a bom.

Posted by Gemini > 2019-04-20 23:30 | Report Abuse

Usually PP is not good news. Monday will drop 20%

Posted by xenze > 2019-04-21 03:11 | Report Abuse

The PP will contribute positively to financial
For me the price will stay btw 0.165-0.17c
I believe should the price remain at lvl 0.16-0.2 by 3rd quarter.
Higher chances it will spike to 0.50-0.70c by yr end

Posted by small_investor > 2019-04-21 04:06 | Report Abuse

PP announce on 18 market adjusted of 9+ percent from 5 day average on 19.why would Monday drop 20- %

Posted by balvin71 > 2019-04-21 06:43 | Report Abuse

For now won't drop. Price will be 'maintained' at current levels. If drop, no one will buy the PP. Go back and look at the last PP at 0.24. After PP shares fully subscribed, than no more support and the share price drop. Unless in the mean time KNN can show that business has turned around and can generate profits.

Posted by xenze > 2019-04-21 09:38 | Report Abuse

Huat ah

Posted by xenze > 2019-04-21 09:44 | Report Abuse

Tomolo KNM will top 1 again
Huat ah

Posted by Goldensnow > 2019-04-21 15:04 | Report Abuse

PP at 2017 is for debt repayment.
PP now is for expanditure.

Posted by signalmw > 2019-04-21 17:34 | Report Abuse

科恩马昨天向交易所报备，私下配售的规模为2亿3460万9500股 ，相等于公司扩大后股本的10%，参阅发售价为15.5仙。 

该公司将用1000万令吉作为位于泰国北柳府的乙醇工厂采购原料及营运开销，另1000万令吉作为该泰国厂房未来产能扩充开销。

Posted by Infinite > 2019-04-21 18:00 | Report Abuse

Really take care ikan bilis, otherwise if right issue, we need to top up investnent.it just like mini IPO

Posted by masterkevin212 > 2019-04-21 18:33 | Report Abuse

Last PP was done at 24 cents and this PP should be push up to 24 cents