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

0.065 - 0.07

Trading Volume

334,400


72 people like this.

59,013 comment(s). Last comment by Woodswater 17 hours ago

Posted by masterkevin212 > 2019-06-13 17:38 | Report Abuse

everyday drop half cent also...start shaking....

Posted by Keeninvestor11 > 2019-06-14 13:01 | Report Abuse

OTHERS Multiple Contracts awarded to KNM Group Berhads subsidiary companies amounting to approximately RM27.713 million
This is the latest announcement by today.

tkl88

8,712 posts

Posted by tkl88 > 2019-06-14 14:12 | Report Abuse

Walaoeh, Hoseiliao this afternoon session !!!

OTHERS Multiple Contracts awarded to KNM Group Berhads subsidiary companies amounting to approximately RM27.713 million
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6191393

Morning session closed at=> 0.19 (+0.01) (+5.56%)

Like that today definitely will spike up and closed at=> 0.25 (+0.07) (+38.9%)
Huat ah ! Heng ah ! Ong ah !

Woodswater

3,779 posts

Posted by Woodswater > 2019-06-14 14:29 | Report Abuse

Tkl
It is ur show time to shout lough lough !

Hangseng

89 posts

Posted by Hangseng > 2019-06-14 16:21 | Report Abuse

Does anyone know any update on the Peterborough project in UK?

Posted by masterkevin212 > 2019-06-14 17:16 | Report Abuse

More to come......price will up...

Khaz

393 posts

Posted by Khaz > 2019-06-14 18:08 | Report Abuse

price already shoot x2 from jan 2019

tkl88

8,712 posts

Posted by tkl88 > 2019-06-14 19:58 | Report Abuse

what's the problem then? why the price cannot shoot x10 (0.70), x20 (RM1.40), x30 (RM2.10),
x50 (RM3.50) and so on leh? Any problem?

Hangseng

89 posts

Posted by Hangseng > 2019-06-15 09:35 | Report Abuse

If only the mega peterborough project finally lifts off, it has been delayed for many years dampening investors confidence i suppose.

Posted by masterkevin212 > 2019-06-15 12:00 | Report Abuse

forget about the peterborough

Hangseng

89 posts

Posted by Hangseng > 2019-06-15 13:17 | Report Abuse

Why forget about Peterborough, isnt it a huge catalyst that will lift the share price once operating?

lovely99

56 posts

Posted by lovely99 > 2019-06-15 14:15 | Report Abuse

Insider: The Peterborough project pretty much dead.

The west have a new way of disposing their waste, just ship to 3rd world nation and deny repatriation of it.

In response, the 3rd world nations can ship it back to the coast (international waters) near the country origin and dump it there, so the waste will float and stop at their shores. lol

lovely99

56 posts

Posted by lovely99 > 2019-06-15 15:35 | Report Abuse

The Malaysian property market bubbles will burst very soon!

Foreclosures on the rise
https://www.thestar.com.my/business/business-news/2019/06/15/foreclosures-on-the-rise/

The uncanny resemblance with - the great depression of 1929
https://www.youtube.com/watch?v=qlSxPouPCIM

tkl88

8,712 posts

Posted by tkl88 > 2019-06-16 19:22 | Report Abuse

If you all got spare bullets, just topup more lah
KNM shares at current record lowest price...
US-China trade war definitely will come to the end or got solution one...

After the oil crisis of bad economy from
2015-2019 {4 years plus}, I'm confidence that our economy will turn prosperous once entering the year of 2020...

tkl88

8,712 posts

Posted by tkl88 > 2019-06-16 19:23 | Report Abuse

Previous crisis also end in the year of 9:
1)Crisis 1985-1989, prosperous entering 1990
2)Crisis 1997-1999, prosperous entering 2000
3)Crisis 2007-2009, prosperous entering 2010

Now is the same,
Crisis 2015-2019, prosperous entering 2020 !
Huat ah ! Heng ah ! Ong ah !

emil

1,428 posts

Posted by emil > 2019-06-16 20:15 | Report Abuse

Swelling US corporate debt raises risk of global financial meltdown..
https://asia.nikkei.com/Spotlight/Datawatch/Swelling-US-corporate-debt-raises-risk-of-global-financial-meltdown

lovely99

56 posts

Posted by lovely99 > 2019-06-17 00:23 | Report Abuse

thanks sardin for your enlightenment, i start to feel like i want to go all in knm. but scare it might go back to 0.07. since it has such huge debt. will wait and see.

Woodswater

3,779 posts

Posted by Woodswater > 2019-06-17 09:46 | Report Abuse

Hit wawasan 2020 , hidup Tun !

Posted by masterkevin212 > 2019-06-17 09:46 | Report Abuse

huge debt the most is paying interest of RM 70-80 Million a year. Huge debt is because of asset acquisition of borsig and expansion business acquisition like italia hudson and impress ethanol

Posted by masterkevin212 > 2019-06-17 09:48 | Report Abuse

These debt in fact can cover by profit - profit from borsig itself can generate 19% profit of RM 1.3 Billion sale revenue.

Posted by masterkevin212 > 2019-06-17 09:49 | Report Abuse

Debt is king OK......This debt is not a negative debt is a book value debt with strong asset.

Posted by masterkevin212 > 2019-06-17 09:51 | Report Abuse

As long as the debt is used for business expansion with productivity which will generate some incomes to cover back its borrowing interest and shall consider a good debt

Posted by masterkevin212 > 2019-06-17 09:53 | Report Abuse

Who else don't have debt? Since first day we born and need to bear our country's debt what.

Posted by Millionairegig > 2019-06-17 12:19 | Report Abuse

More projects secured by KNM. Due to diverse business portfolios, it gains strong attention from big investors. Buy on weakness, sell on strength. Now it can be considered weak and shares are diluted to raised up capital for aggressive business activities. Buy/Hold.

Posted by Millionairegig > 2019-06-17 12:20 | Report Abuse

KNM Group Berhad, an investment holding company, is engaged in the design, manufacture, assembly, and commissioning of equipment for oil, gas, petrochemical, and mineral processing industries. The company provides process equipment, pressure vessels, reactors, column and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers, specialized shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages, turnkey storage, skid mounted assemblies, process pipe systems, specialized structural assemblies, and module assemblies. It also offers various services, including management, funding and treasury, financial advisory, technical support, marketing, business development, and procurement. In addition, the company provides management, technical advisory, license, and trademark services; project manpower, engineering, non-destructive testing, and technical consultancy services and project management and technical services. Further, it is involved in the design, manufacture, sale, and service of heat exchange systems; sulphur removal and recovery services and also development of properties and manufacture of air cooled, shell and tube and plate heat exchangers, vessels and columns. Additionally, the company develops, processes, and distributes membranes, membrane modules and membrane components.

Posted by Millionairegig > 2019-06-17 12:21 | Report Abuse

Reference: https://www.isaham.my/stock/knm

lovely99

56 posts

Posted by lovely99 > 2019-06-17 13:55 | Report Abuse

Insider: tp 0.25, all in 0.19, sapu sapu sapu!!!

Posted by kokonuts > 2019-06-17 16:56 | Report Abuse

Have been following your comments over last few weeks... Does anyone know whether KNM has benefitted from the huge Petrol Refinery project in Pengerang, Johor over the last 2-3 years?

Mabel

24,105 posts

Posted by Mabel > 2019-06-17 17:01 | Report Abuse

Lovely :)

Posted by kokonuts > 2019-06-17 17:21 | Report Abuse

Pengerang video: https://www.youtube.com/watch?v=YPGCB3RnJOIeng

Hangseng

89 posts

Posted by Hangseng > 2019-06-18 12:38 | Report Abuse

Everybody understands the vast benefit of WTE for the future. There are already a lot of them operating in UK and Europe. However, KNM has been stuck with no action and progress for almost 10 years, so that tells you why the share price aint moving north. Investors need to see real contract and real progress before plowing into this share. To regain the confidence is crucial here not just boast and talk.

Hangseng

89 posts

Posted by Hangseng > 2019-06-18 18:30 | Report Abuse

Quietly helping others? Why is the secrecy?

sajn

6 posts

Posted by sajn > 2019-06-18 18:58 | Report Abuse

Found this while trying to understand/googling abt WTE - https://themalaysianreserve.com/2019/03/18/first-wte-incinerator-to-begin-operation-by-june/. Is this related to KNM? Supposedly to be operational this month.

field123

261 posts

Posted by field123 > 2019-06-18 20:29 | Report Abuse

tmr who will attend agm ?

lovely99

56 posts

Posted by lovely99 > 2019-06-18 22:59 | Report Abuse

Sapu Sapu Sapu!! TP 0.25!

Hangseng

89 posts

Posted by Hangseng > 2019-06-19 05:43 | Report Abuse

Sardin, while you at AGM, can you please update on the Peterborough project. Thanks.

Goldensnow

285 posts

Posted by Goldensnow > 2019-06-19 09:58 | Report Abuse

when KNM going to Jump?

sajn

6 posts

Posted by sajn > 2019-06-19 11:54 | Report Abuse

Thx @sardin81. Did they mentioned abt the Negeri Sembiilan plant in the AGM?

FATA86

350 posts

Posted by FATA86 > 2019-06-19 14:41 | Report Abuse

AGM still on going?

Posted by masterkevin212 > 2019-06-19 15:19 | Report Abuse

I went there

Outcome of meeting as follows:

1) The compliance environmental stage is on going. To kick off General preliminaries work at Peterborough WTE on July 2019. Targeted construction stage within 6 months for infrastructure work and another 30 months to complete the whole WTE. The return of investment will take 8 years with a concession period of 25 years.

Note: I think we can't benefit the incurring income within a short term period but it does report the contribution of revenue for building the WTE in the group.

2) Thailand Impress Ethanol - On going expansion for phase 2 (300,000 litres perday) and targeted completion will be on 2nd quarter 2020.

Note: The recent Private placement more or less would help in financing the project and 40% of purity 99.99% ethanol has got a potential buyer for a period of 5 Years. I can see this will generate an immediate income to the group.

3) Reported the Borsig is doing well with heat exchanges system and will continue an increase of revenue to the group.

4) To foresee improvement of Asia segment with recent awarding of contract expected to increase due to recovery of petrochemical industries in relation to Oil and Gas sector.

5) Malaysia WTE - reported that will not let go any changes of getting WTE in every state in Malaysia under new government. Also informed that KNM is leading the market in WTE would have an advantages and priorities.

6) The previous financial losses are a non-cash losses. Also informed that The recent production lines are busy with new contracts.

7) Minority shareholders required directors to cut their own salary on willingness for poor performance.

man72

321 posts

Posted by man72 > 2019-06-19 15:36 | Report Abuse

Thank u very much for sharing the info

Goldensnow

285 posts

Posted by Goldensnow > 2019-06-19 15:55 | Report Abuse

so with all the news, what will be good to move it up?

Posted by masterkevin212 > 2019-06-19 16:24 | Report Abuse

Nothing to move up. At least price is stable. Wait more project announcement and most importantly coming quarter results.

Posted by Dreams2Truth > 2019-06-19 16:34 | Report Abuse

I wish item no. 5, the WTE project will be awarded to KNM soon!

Goldensnow

285 posts

Posted by Goldensnow > 2019-06-19 17:41 | Report Abuse

aiks.. why drop 0.5?

lck1300

459 posts

Posted by lck1300 > 2019-06-19 21:04 | Report Abuse

project already have many , but profit not yet coming in .....

Everest

76 posts

Posted by Everest > 2019-06-20 09:24 | Report Abuse

all buying no selling

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