Posted by Everest > 2019-06-20 09:28 | Report Abuse

the power of bosig in play

Posted by Everest > 2019-06-20 09:42 | Report Abuse

agm good news coming up

Posted by Millionairegig > 2019-06-20 09:46 | Report Abuse

Sharks in, so fast selling 0.19

Posted by masterkevin212 > 2019-06-20 10:35 | Report Abuse

Question on how stable the current financial situation of KNM especially dealing with debt.

Replied in AGM
Yes, it is at the comfortable level as you can see, most of the financial institution is willing to grant a credit facility based on the inflow and outflow of turnover. Otherwise, Knm will not gain a support credit facility if the financial condition does not comply with.

Posted by Woodswater > 2019-06-20 10:40 | Report Abuse

有借有还，上等人，
有借没还，下等人，
没借没还，中等人，
没借有还，大善人。
赞！

Posted by scrown > 2019-06-20 11:13 | Report Abuse

From the replied of directors, they are well planned to the business. Well done and thank you who attended the meeting

Posted by damien_n > 2019-06-20 11:55 | Report Abuse

what is the announcement on share buyback? i think that is the main agenda mentioned in the letter.

Posted by masterkevin212 > 2019-06-20 12:08 | Report Abuse

THE COO of the company managed to answer all questions being raised up and the given answers are acceptable and reasonable. Except the question regarding to share price and the previous right issue with FREE warrant which is going to expire with ex-price of RM 1.00.

I can only say, subscription with right issue at wrong timing. Because 5 years is really short for conversion. Moreover for the past 3 years was a bad year for Oil and Gas and now we only can see the sun. Unfortunately, time is running short. Unless, KNM manages to hit above RM 1.00 which i think is not possible within the next 12 months.

Those are holding KNM-WB, better let go and buy mother share. When KNM hit RM 1.00 is already 500%, but if mother hits RM 1.00, The value of KNM-WB is still zero on expire date.

Posted by masterkevin212 > 2019-06-20 12:10 | Report Abuse

damien...they passed all resolutions, means....passed lah

Posted by small_investor > 2019-06-20 14:35 | Report Abuse

A company that owned 100% of borsig and value only 100 million EURO ?

Posted by masterkevin212 > 2019-06-20 15:14 | Report Abuse

Ya....better go and buy more knm now. otherwise.....next selling price will be 500 million euro already.

Posted by damien_n > 2019-06-20 15:32 | Report Abuse

masterkevin, i thought they will talk about more details like they will buy back at what price & how many shares etc. coz im not really clear abt the specifics from the pamphlet. any info they shared?

thanks anyway.

Posted by masterkevin212 > 2019-06-20 17:11 | Report Abuse

share buy back will not involve alot. As of today about 1% of total if i am not mistaken.

Most importantly, increase in revenue, new business diversification model, improvement in O & G globally, WTE opportunity ..these should have enough to boost the profit.

Posted by lai81533 > 2019-06-21 06:46 | Report Abuse

strong potential

Posted by lai81533 > 2019-06-21 06:46 | Report Abuse

$2,821
$2,819
$2,782
$2,785
$2,504
$1,946
$1,588
$1,283
$1,016
$937
$818
$758
$725
$708
$687
$692

Posted by small_investor > 2019-06-21 09:25 | Report Abuse

General Lee bought borsig at Euro 1 billion last time. KNM with borsig should worth at least MYR 4.7billion . Without considering other business

Posted by kokonuts > 2019-06-21 11:36 | Report Abuse

Since there's so much hope relying on WTE, thought I should point out a promising new technology that turns plastic to ash as reported in the Star paper last few days. Link is : https://www.thestar.com.my/business/smebiz/2019/06/10/good-riddance-to-bad-rubbish/

Posted by Dreams2Truth > 2019-06-21 13:22 | Report Abuse

WTE is a mature technology...this plastic conversion is still very new & how long does it take to turn 500kg of plastic waste into Ash? What about other type of waste?

Posted by lck1300 > 2019-06-21 14:32 | Report Abuse

http://www.knm-group.com/knm_structure.htm

see the chart to understand more about this company background and structure ......
while other still fighting in the O&G redsea , KNM seem like slowly transform to green energy , u ask me can invest or not ?

Posted by lck1300 > 2019-06-21 14:34 | Report Abuse

http://www.knm-group.com/knm_corebusiness4.htm

recurring income business ~

Posted by Angielim9955 > 2019-06-21 17:43 | Report Abuse

funny other oil and gas is up with oil price up now
I find out knm still same
if buy other counter is 200% profit
however knm is the one who give net profit results \
some even net loss
knm do you know now oil so good , now all oil up you no up later drop back do knm can up to 50sen ?

Posted by Infinite > 2019-06-21 22:04 | Report Abuse

@small investor, KNM own Borsig on 2008 at Euro350m not 1B, current refinance it at 0Euro200m

Posted by masterkevin212 > 2019-06-22 00:56 | Report Abuse

Base on what i calculate the value for borsig as follow

Revenue for borsig per year RM 1.25 Billion
Profit 19% according to annual report = RM 237.5 Million before tax

Say about PER 10 on before tax
RM 2.38 Billion

Say about PER 15 on before tax
RM 3.56 Billion

Posted by asd88 > 2019-06-24 11:53 | Report Abuse

bought some @18.5-19c

Posted by Goldensnow > 2019-06-24 12:07 | Report Abuse

congrats asd88~!

Posted by Woodswater > 2019-06-24 14:41 | Report Abuse

“[This is for the very good reason [where] the returns on renewables is not as great as the returns in conventional O&G. Essentially, it is a sweet spot that we have to determine how our investments should be so we will not be financially compromised but at the same time have the competency to play in the new energy space when the time comes.

“Honestly, time will tell whether we have taken the right decision [in terms of our investments in hydrocarbon and RE],” he noted,

The above comment from Petronas president .wakakakaka

Posted by Millionairegig > 2019-06-24 16:30 | Report Abuse

bankruptcy counter?

Posted by Khaz > 2019-06-24 17:39 | Report Abuse

how to go bankrupt with so many project... I wish it goes bankrupt so can distribute the$$$$

----
KNM announced that it has bagged multiple contracts worth RM97.72 million through its subsidiary companies.

The group wholly-owned subsidiary, KNM Process System Sdn Bhd secured a RM53.44 million supply contract for the Petrochemical Complex in Vietnam from TPSK Consortium.

Its indirect subsidiary, FBM Hudson Italiana S.p.A was contracted by Sinopec Engineering (Group) Co Ltd for the supply of reactor effluent air condensers for the Petronas RAPID project in Pengerang, Johor, worth RM18.68 million.

FBM has also been awarded technical goods and works purchase contract for the engineering, procurement, manufacturing, inspection, testing and delivery of Oleflex Reactors for the new European propane dehydrogenation (PDH) project at Borealis Production site in Kallo, Antwerp, Belgium amounting to RM25.59 million from Borealis Kallo N.V.

KNM Group Bhd announced today its unit has secured an engineering, procurement and construction contract worth US$24.87 million (approximately RM101.35 million) for a liquefied petroleum gas (LPG) facility in Myanmar.

KNM Group Bhd's indirect wholly-owned subsidiaries have secured supply contracts worth a collective RM27.71 million.

In a filing to the stock exchange today, KNM said FBM Hudson Italiana S.p.A has accepted a design and supply contract worth US$4.55 million (RM18.97 million) from Dangote Oil Refining Co Ltd and Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise (collectively referred as Dangote).

Posted by Goldensnow > 2019-06-24 18:06 | Report Abuse

Millionairegig sohai

Posted by BeeBearBear > 2019-06-24 18:50 | Report Abuse

some people who spread rumours are real dumb cunts

Posted by Millionairegig > 2019-06-24 19:50 | Report Abuse

Haha...you know normally when the counter got cursed a lot, it will sure goes up. So start cursing... Cheers

Posted by Dawneagle > 2019-06-25 00:42 | Report Abuse

So many contracts worldwide. Then why the share price like shit? Bad management? Struggling to break 20sen. Come on lah. wtf is happening.

Posted by masterkevin212 > 2019-06-25 09:23 | Report Abuse

don't be so childish lah....you thought today make love tomorrow get baby born...kah......

Posted by lai81533 > 2019-06-25 09:44 | Report Abuse

I was told tat KNM could hit RM0.64 coming soon as bankers cumulate stocks.

Posted by Millionairegig > 2019-06-25 12:37 | Report Abuse

People start to curse. Meaning it will soon rise. Watch....hahahaa

Posted by Woodswater > 2019-06-26 11:51 | Report Abuse

https://www.theedgemarkets.com/article/blackrock-unit-aims-boost-asian-renewables-us5b

Posted by jeffthen > 2019-06-26 20:01 | Report Abuse

Any news on the arbitration case?

Posted by lai81533 > 2019-06-26 23:58 | Report Abuse

Good news could boost knm at target price rm1.34

Posted by jeffthen > 2019-06-27 07:16 | Report Abuse

20 cents also hard to archive and maintain. 40, 60 and now suddenly talk about rm1.34? At what ground, please share.

Even previous chart with cup chart also end up remain unbullish.

Posted by lai81533 > 2019-06-27 12:38 | Report Abuse

wait and see . dream will come through
now big player cumulate stocks and in sideway now

Posted by Infinite > 2019-06-27 22:52 | Report Abuse

This is not a contra counter, trending showing long term growth and revamp counter, people just hope sell now can buy at lower price.But it not be happen while a counter anytime due for harvest

Posted by PeterPan > 2019-06-28 00:52 | Report Abuse

Sardin, your comment on waste management made me laugh non stop. Thank you.

Posted by masterkevin212 > 2019-06-28 09:45 | Report Abuse

Institution starts buying....buy looking at its MACD above, Distribution / accumulation all passed

Posted by Shareview123 > 2019-06-28 09:46 | Report Abuse

The returns of KNM , can accumulate some first .

Posted by Shareview123 > 2019-06-28 09:54 | Report Abuse

Knm 's boss is not like GLC's bosses , GLC's bosses are mainly gaji buta .

Posted by Woodswater > 2019-06-28 09:59 | Report Abuse

Today 25 c. First target of second wave since 7 c.

Wakakakaka

Posted by tkl88 > 2019-06-28 10:11 |

Post removed.Why?

Posted by small_investor > 2019-06-28 10:12 | Report Abuse

won WTE contract !!

Posted by PaperScissorsStone > 2019-06-28 10:14 | Report Abuse

engine start

Posted by lai81533 > 2019-06-28 10:17 | Report Abuse

target rm2.50