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

190,000


72 people like this.

59,041 comment(s). Last comment by Woodswater 3 days ago

sonyx123

659 posts

Posted by sonyx123 > 2019-07-18 17:18 | Report Abuse

Paktua ftw

josephn

757 posts

Posted by josephn > 2019-07-18 17:19 | Report Abuse

What Is a Correction?

In the world of investments, a correction is generally defined as a decline of 10% or greater in the price of a security from its most recent peak. Corrections can happen anywhere including individual stocks, the indexes that follow stocks or sectors, the commodities and currency markets, or any asset that trades on an exchange.

https://www.investopedia.com/terms/c/correction.asp

Khaz

393 posts

Posted by Khaz > 2019-07-18 17:19 | Report Abuse

many times already sardin said RM 3 only will sell, jeezzz

josephn

757 posts

Posted by josephn > 2019-07-18 17:20 | Report Abuse

Key Takeaways

•A correction is a decline of 10% or greater in the price of a security, asset, or a financial market.
•Corrections can last anywhere from days to months, or even longer.
•While damaging in the short term, a correction can be healthy, adjusting overvalued asset prices and providing buying opportunities.

bisonbull

224 posts

Posted by bisonbull > 2019-07-18 17:21 | Report Abuse

if I Q mother at .30, son at .20 tomorrow any chance to get it?

Q

119 posts

Posted by Q > 2019-07-18 17:22 | Report Abuse

Got RM17.4m award

Posted by Keeninvestor11 > 2019-07-18 17:25 | Report Abuse

OTHERS Award of Contract to KNM Process Systems Sdn Bhd amounting to RM17.480 million
Today news

Leoleo

5,555 posts

Posted by Leoleo > 2019-07-18 17:26 | Report Abuse

ok tomorrow 40

Q Got RM17.4m award
18/07/2019 5:22 PM

Posted by masterkevin212 > 2019-07-18 17:26 | Report Abuse

7164 KNM KNM GROUP BHD
OTHERS

OTHERS

Award of Contract to KNM Process Systems Sdn Bhd amounting to RM17.480 million

You are advised to read the entire contents of the announcement or attachment.

To read the entire contents of the announcement or attachment, please access

the Bursa website at http://www.bursamalaysia.com

Posted by WanManiOnli > 2019-07-18 17:30 | Report Abuse

Nothing to worry about, just a 4 sen downhill correction on an uphill march to 50 sen and beyond. Follow Gen Lee's Long March, a step backward, three steps forward. Fix bayonets, guys !!

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-18 17:33 | Report Abuse

yah gah

thinkfirst

3,146 posts

Posted by thinkfirst > 2019-07-18 17:33 | Report Abuse

Really kena game already, if want to enter pay high price lo ha ha already told will back to 3.00

Khaz

393 posts

Posted by Khaz > 2019-07-18 17:35 | Report Abuse

Long march

to RM 3!!!!

bojed

5,064 posts

Posted by bojed > 2019-07-18 17:35 | Report Abuse

Arghhh why didn't I take a look at the market today? Could've topped up a bit more for mother and son for some easy money adoi!!!

My vacation is a bit ruined not because of the red market, but from missing opportunities haha

field123

261 posts

Posted by field123 > 2019-07-18 17:35 | Report Abuse

I believe today the director has absorb some share at low price

Posted by Millionairegig > 2019-07-18 17:36 | Report Abuse

crazyyyyyyyyyyyyyyyyyyyyy.......hahahaaaa...awardd,,,, catalystttt

field123

261 posts

Posted by field123 > 2019-07-18 17:36 | Report Abuse

tmr movement will be sell on news or buy on panics

Jack Yip

793 posts

Posted by Jack Yip > 2019-07-18 17:38 | Report Abuse

17mils.....less than expected....... thats y ppl selling n run.......hmm

thinkfirst

3,146 posts

Posted by thinkfirst > 2019-07-18 17:41 | Report Abuse

only chicken run, investors still here, small or big not the matter. My advice don't buy knm if you don't have confidence .

field123

261 posts

Posted by field123 > 2019-07-18 17:42 | Report Abuse

17m "small contract" not able cause these big move on knm share price accoding previous history , there are something behind the foor

field123

261 posts

Posted by field123 > 2019-07-18 17:42 | Report Abuse

door

Hotstuff

3,291 posts

Posted by Hotstuff > 2019-07-18 17:47 | Report Abuse

general retailers won't have impact at all. how much do you think they can afford to buy? few thousand? so you buy or sell doesn't make a difference at all.

paktua73

18,430 posts

Posted by paktua73 > 2019-07-18 17:49 | Report Abuse

yes who no ever confident on knm business growth let go now..

paktua never fear play red rally..
most confidence Heart will stand firm to hold..
paktua earlier was say only swing traders general..
we fight on what we believe in..
paktua believe knm worth more then 0.40
now if down more paktua will fight more
with own Style..
but
dare to bet tomorrow will never seen again below 0.355
that paktua full confident..

tut tut
never fear on red sea

thinkfirst

3,146 posts

Posted by thinkfirst > 2019-07-18 17:51 | Report Abuse

what I know is something brewing inside, but nobody going to open the door. Will wait until they open the door.

riko

2,729 posts

Posted by riko > 2019-07-18 17:54 | Report Abuse

Everyday borsig...
Everyday borsig...

If borsig is so good and worth billions...
General Lee is the most stupid one bought recently.

He should bought 50% when the price < 0.1.

Wake up lah.... Price going up Not borsig... Is boseed( hokkien)

riko

2,729 posts

Posted by riko > 2019-07-18 17:56 | Report Abuse

Don't act as God that you know something investors don't know.

One thing for sure Lee pandai than you

Khaz

393 posts

Posted by Khaz > 2019-07-18 17:58 | Report Abuse

haha today flush out contra 2 days ago 39 sen and above

lose money butt hurt

spyking

534 posts

Posted by spyking > 2019-07-18 17:59 | Report Abuse

riko talk like very smart guy wor

paktua73

18,430 posts

Posted by paktua73 > 2019-07-18 18:00 | Report Abuse

some said retailers troopers..
not have much fund to give impact..
will reveal soon..
paktua not only one red stock hunter..
but also general to 2 plaatoon army
with strength 220 troopers..
with single troopers have 250k ammo..
never estimate retailers strength on swing rally..
was prove long enough..
then today who are play with huge amount attack at 0.34,0.345?
when all got chickens in they head?

tut tut
never hide when to act
do on real time

josephn

757 posts

Posted by josephn > 2019-07-18 18:01 | Report Abuse

Yes, I love you Pak Tua, that's the Spirit. Knm will not die because Knm got Pak Tua and Sardin81.

xenze

378 posts

Posted by xenze > 2019-07-18 18:03 | Report Abuse

RM1 still intact by yr end
C u all at yr end :)

Leoleo

5,555 posts

Posted by Leoleo > 2019-07-18 18:03 | Report Abuse

can be the UK power plant is completed ahead of schedule. 2 years . original schedule is 3 years .

Leoleo

5,555 posts

Posted by Leoleo > 2019-07-18 18:09 | Report Abuse

thats might explain why knm rally now. last time talk about UK powerplant , SKL bank set TP 3 RM right

tkl88

8,712 posts

Posted by tkl88 > 2019-07-18 18:12 | Report Abuse

Wow, such a big good news ! Superb !
Grab another project amounting=> RM 17 million !

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6227177
Award of Contract to KNM Process Systems Sdn Bhd amounting to RM17.480 million

tkl88

8,712 posts

Posted by tkl88 > 2019-07-18 18:15 | Report Abuse

Company Announcements:
Award of Contract to KNM Process Systems Sdn Bhd amounting to RM17.480 million

Description: Award of Contract to KNM Process Systems Sdn Bhd amounting to RM17.480 million
1. Introduction
KNM Group Berhad (“KNM”) is pleased to announce that its wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”), had today accepted and signed-off on the purchase order dated 8 July 2019 (“PO”), for the supply of shop assembled large drums for the Petrochemical Complex in South of Vietnam – Package A1 – Olefins Plant, amounting to USD4.250 million (equivalent to approximately RM17.480 million based on the exchange rate of USD1.00 : RM4.113) from TPSK Consortium (“Transaction”).

The supply and delivery duration of the Transaction would be in 4 batches supply and for a period not exceeding 13 months commencing from the date of the PO.

2. Information About the Parties
KNMPS was incorporated as a private limited company under the laws of Malaysia on 28 June 1990. KNMPS is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide.

TPSK Consortium is a joint cooperation comprising of a consortium of Technip Geoproduction (M) Sdn Bhd, Technip Stone & Webster Process Technology, Inc. and SK Engineering & Construction Co., Ltd.

3. Financial Effect of the Transaction
The Transaction is expected to contribute positively to KNM’s earnings for the financial year ending 31 December 2019 and 31 December 2020.

4. Risk Factors
The Transaction is subject to certain commercial and financial risks mainly in the power, oil, gas, petrochemical, and energy industries. These include changes in general economic conditions such as, but not limited to inflation, environmental, health and safety regulations, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions.

KNM is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in these industries.

Although KNM with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of KNM and/or KNMPS.

5. Approvals
The Transaction is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country.

6. Directors' Statement
Having considered all aspects of the Transaction, the Board of Directors is of the opinion that the Transaction is in the best interest of KNM.

7. Directors' and Major Shareholders' Interest
None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Transaction.

8. Documents for Inspection
Details of the Transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays.

This announcement is dated 18. July 2019.

tkl88

8,712 posts

Posted by tkl88 > 2019-07-18 18:20 | Report Abuse

Oh my goodness, i really don't know what is the opening price tommorrow will be shooting up on today's good new which was released after the market been closed today !

tkl88

8,712 posts

Posted by tkl88 > 2019-07-18 18:22 | Report Abuse

Like that tommorrow morning opening will direct spike up to open at 0.39 and closed at 0.45 already!

Huat ah ! Heng ah ! Ong ah !

emil

1,428 posts

Posted by emil > 2019-07-18 18:25 | Report Abuse

News out.... Sell on news... Tomorrow below 30sen

vitac

526 posts

Posted by vitac > 2019-07-18 18:26 | Report Abuse

17m nia good news? shoot up???

field123

261 posts

Posted by field123 > 2019-07-18 18:27 | Report Abuse

sell below 0.3 the director and shark more happy they can grab more share

Flyinghorse

3,748 posts

Posted by Flyinghorse > 2019-07-18 18:28 | Report Abuse

Tomorrow limit up. LOL

field123

261 posts

Posted by field123 > 2019-07-18 18:31 | Report Abuse

u think the director so stupid continue buy at price above 0.36 , this chance let them to grab more

Cjseven

427 posts

Posted by Cjseven > 2019-07-18 18:33 | Report Abuse

I think tmr will panic selling if not today how come got free ticket for your

emil

1,428 posts

Posted by emil > 2019-07-18 18:34 | Report Abuse

contract 17m is peanut.... remember KNM massive debts still yet to solve

thinkfirst

3,146 posts

Posted by thinkfirst > 2019-07-18 18:36 | Report Abuse

Sell on news? ha ha I don't think investor stupid buy back after drop to 33 sen, they know why they buy back.

Hotstuff

3,291 posts

Posted by Hotstuff > 2019-07-18 18:40 | Report Abuse

miss the previous knm forum without all the fool investors

kk7198

2,515 posts

Posted by kk7198 > 2019-07-18 18:41 | Report Abuse

Sell Borsig alone can absorb all the debts.General Lee knows all these peanut stuffs

Yu_and_Mee

3,454 posts

Posted by Yu_and_Mee > 2019-07-18 18:41 | Report Abuse

Those big sharks will not worry about this, will continue to goreng one. Money only for dare people but not me. Since many so love to this, i just have to concur.
Loss money don't blame anyone.

thinkfirst

3,146 posts

Posted by thinkfirst > 2019-07-18 18:42 | Report Abuse

Who ever don't have share anymore run away lo, why keep talking let we are at what we think good. lose also not you money our money, dare to win dare to lose.

Thw801

17 posts

Posted by Thw801 > 2019-07-18 18:44 | Report Abuse

Investor stay. Goreng pls get off

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