Posted by xenze > 2019-08-02 12:33 | Report Abuse

https://themalaysianreserve.com/2017/03/31/knm-group-sets-sights-on-path-to-profitability-this-year/

2017 unable to list borsig due to company still fall under losses and drag until this yr

This yr 1st Q already in profit
Subsequent 2nd Q if profit v can c borsig coming alive if everything in order

Wakakaka

Posted by GuaKaLuKong > 2019-08-02 12:35 | Report Abuse

Added some more at 0.395

Posted by Asy_Mett > 2019-08-02 12:41 | Report Abuse

yalah.. imagine u r general lee.. ady loss in 2018, would you want to continue loss in 2019? surely not. Now, proven made a comeback in Q1 2019, again, you will continue the momentum in following Q unless somewhere unexpected fall u down.. every business oso hve their profit & loss cycle.
As an investor, surely wanna return from our mid/long term investment. If loss, we will move our money to other counter. We are not invest blindly.

Posted by Flyinghorse > 2019-08-02 12:49 | Report Abuse

0.390 looks like a good buy. Afternoon session will top up. Lets all HUAT TOGETHER

Posted by xenze > 2019-08-02 12:49 | Report Abuse

Director unload warrant to proxy @ 0.23-.25c.
Check the date director off load warrant, warrant price spike up that day
Hot like pan cake

When mom price stand @ rm1 by yr end, u will kno warrant value or not value

For me warrant will stand @ 0.45-0.5c by yr end
Wakakaka

Posted by xenze > 2019-08-02 12:53 | Report Abuse

If u think warrant is no value then knm price
MUST stagnant @ 0.40c until next yr April 2020

Do u believe the price will stay stagnant until next yr?

U c I write MUST.....

Wakakaka

Posted by musangking998 > 2019-08-02 12:59 | Report Abuse

Think too much la u wait until 3030 also won’t <0.30 again

Posted by Michael Kwok > 2019-08-02 13:10 | Report Abuse

Dear overbought in monthly and weekly usually more dangerous the downturn.ranging from 20-40 percent.Below 30 cent is absolute.Margin come calling.

Posted by Wan Lutfi Wan Hatta > 2019-08-02 13:13 | Report Abuse

https://www.reuters.com/brandfeatures/venture-capital/article?id=104838

It said Heat Exchangers Market at 2018 is $7 billion and at 2025 expected to be $13 billion. Someone explain what will this mean for KNM?

Posted by Palmboy > 2019-08-02 13:14 | Report Abuse

Now everyone is waiting to drop and collect ,do u think it will drop if everyone so desperate?

Posted by avengers19 > 2019-08-02 13:14 | Report Abuse

Michael is here again haha

Posted by investortrader88 > 2019-08-02 13:15 | Report Abuse

Michael Kwok.You & mr yong are not welcome in this forum.always post negative comments.Pls leave !

Posted by face > 2019-08-02 13:29 | Report Abuse

By April 2020 KNM can touch at least RM2.30 based on forward earnings projections

Posted by Keeninvestor11 > 2019-08-02 13:39 | Report Abuse

KNM Group Berhad (“KNM”) is pleased to announce that its wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”), had entered into a Contract Agreement dated 1 August 2019 (“Contract”) with JO SK E & CO., LTD, HEC LTD., PT REKIND and PT PP (Persero) TBK (“Client”) for the design, supply and delivery of shop assembled static equipment inclusive of large columns for the RDMP RU-V Balikpapan Project located at East Kalimantan, Indonesia operated by PT Pertamina (Persero) amounting to USD4.170 million (equivalent to approximately RM17.318 million based on the exchange rate of USD1.00 : RM4.153) (“Transaction”).

Posted by MoneyHeist > 2019-08-02 13:41 | Report Abuse

Good news for all here!

Posted by Keeninvestor11 > 2019-08-02 13:42 | Report Abuse

Yes another contract won by KNM. More to come.

Posted by beinvested > 2019-08-02 13:45 | Report Abuse

This awarded tender (USD4M), hot from the oven. Keep coming in, this type of deal, not necessarily must be very huge amount, will surely push the price to beyond RM1.00, above the conversion price for the warrants.

Posted by investortrader88 > 2019-08-02 13:47 | Report Abuse

General Announcement (201908023000038)
Company Name KNM GROUP BHD
Stock Code / Short Name 7164 / KNM
Date & Time Announce 02/08/2019 01:30:17 PM
Subject OTHERS

Content
OTHERS
Award of Contract to KNM Process Systems Sdn Bhd amounting to RM17.318 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 Goldberg > 2019-08-02 13:48 | Report Abuse

News report dated 31st March 2017.
Old new but interesting nevertheless.

KNM Group Bhd, which was in the red last year, appears to be turning the corner and is expected to move into the “path of profitability this year” with overseas ventures beginning to kick in.

The one time darling of investors saw its share price plunge from the dizzying heights of RM10 in 2008 to about 56 sen last Friday. KNM chief financial officer Richard Voon said that as at July 2012, its orderbook stood at RM5.1 billion, its waste to energy projects coming up to a total RM2.8 billion and its core products accounting for the remaining RM2.3 billion.

“Our vision is to be among the top five process equipment manufacturers and turnkey systems provider for oil and gas, petrochemicals, minerals, power, environmental, renewable energy and biotechnology industries,” he told The Malaysian Reserve in an email interview.

“When we started KNM group, we were only providing low-end process equipment, but we have evolved to manufacture world class high-end process equipment and are a systems provider with state-of-theart technology.”

The company, which was in the red in 2011, is expected to return to the path of profitability this year with its Asia & Oceania division and Europe division contributing positively but the performance of its Americas division is “still under water,” says Voon.

Analysts tracking the counter said that its weak results in recent years were attributed to increased competition in the lower-to-middle range process equipment segment and reduced demand for process equipment due to economic cyclical factors.

They added that in the high-end process equipment, KNM also saw modest increase in new contracts secured due to general slowdown in capital expenditure by oil and gas majors.

From a geographical viewpoint, the group is exposed to potential macro-economic difficulty in Europe, given the rather high revenue contribution from its European business.

Voon said the South America region continues to weigh down on the Americas performance due to the slowdown on its orderbook compared to previous years, however this is cushioned somewhat in North America’s contribution from the Canadian oil sands projects.

On its immediate plans, Voon said that the company planned to list Borsig on the Singapore Stock Exchange (SGX). The move will have an indicative market capitalisation of between RM1.8 billion and RM1.9 billion, as indicated by UOB Bank Ltd in the preliminary valuation for the company, which is at 15%-20% discount to the current sector average.

OSK Research Sdn Bhd analyst Danny Chan said the Borsig listing could be “the silver lining” that the company was craving for in its return to profitability. He added the reason behind the listing of Borsig was to raise funds to expand Borsig’s compressor business.

“Presently, the compressor division is already running at a maximum capacity and there is a strong order backlog due to the delay in the delivery of the gearbox, a key component to complete the compressor which it outsources from a third party,” he said.

Chan said Borsig was expected to be the main earnings driver for the company in the future. He added that while KNM had been successful in securing contracts in the past, it needed to get “its act together” in the execution and operations of these projects.

Some of the other lingering concerns is that while it appears to be building orderbooks, it appears to be sacrificing margins.

On this, Voon said about 2% of its total orderbooks were from the legacy low-margin projects when KNM had to lower its margins to remain competitive against its counterparts in Korea.

He said this was evidenced in its quarterly results released to Bursa Malaysia where firsthalf margins were 17% compared to 15% in the corresponding period of the previous year.

“Moving forward, efforts are on getting this up to a sustainable average margin of 20% which we hope to achieve by filling our orderbook with more mid- to high-end product segments,” said Voon.

On the status of the UK job, Voon said that its RM2.4 billion Peterborough waste to energy plant was expected to span three years and once completed, will provide the group with sustainable recurring revenue base, to complement and stablise the existing business which is by and large dependent on the oil and gas industry.

“We are nearing financial closure, and Exim Bank being the lead arranger is expected to complete the syndication soon,” he said.

On its gearing, Voon said its gearing was 0.71 times as at December 2011. The company is undertaking a rights issue exercise, proceeds of which will be used to pare down its current debts.

Voon said that upon completion of the rights issue in November, its gearing level was expected to improve at 0.55 and could see gearing level further reduced to 0.28 when the warrants were fully exercised.

Posted by josephn > 2019-08-02 13:53 | Report Abuse

KNM Group Berhad (“KNM”) is pleased to announce that its wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”), had entered into a Contract Agreement dated 1 August 2019 (“Contract”) with JO SK E & CO., LTD, HEC LTD., PT REKIND and PT PP (Persero) TBK (“Client”) for the design, supply and delivery of shop assembled static equipment inclusive of large columns for the RDMP RU-V Balikpapan Project located at East Kalimantan, Indonesia operated by PT Pertamina (Persero) amounting to USD4.170 million (equivalent to approximately RM17.318 million based on the exchange rate of USD1.00 : RM4.153) (“Transaction”).

Posted by beinvested > 2019-08-02 14:12 | Report Abuse

Buy at RM0.40 , IF can reach RM0.60 by end of this year, 50% profit, WHY refused? Say, later April 2020 ( the expiry of the warrants, the determinant/decisively factor, so the holders of the warrants will NOT suffer any losses, possible RM1.25 afterall ).

Posted by Millionairegig > 2019-08-02 14:13 | Report Abuse

Almost every month got contract awarded. Another catalyst is the QR waiting for black. 2 black QR sure will put KNM rm1 by year end. Let's buy more and get rich together....

Posted by beinvested > 2019-08-02 14:17 | Report Abuse

2nd QR as at 30JUNE2019, should be published by end of this month, i believe it will be a profitable one...the catalyst, a substance that can increase the value.

Posted by mukhriz02023 > 2019-08-02 14:21 | Report Abuse

Semoga untung.

Posted by foongchung > 2019-08-02 14:27 | Report Abuse

congratulation all holders, great announcement just announced and show might be on shortly.

Posted by bojed > 2019-08-02 14:29 | Report Abuse

Today is buyer's market all across the board, so I'm not expecting KNM to end in green today.

Not a big problem though.

Posted by OngKawKaw > 2019-08-02 14:30 | Report Abuse

Buy on rumours sell on news. RUNNNNNN.

Posted by OngKawKaw > 2019-08-02 14:31 | Report Abuse

Thanks KNM. Will visit you second round ahahahaha

Posted by Keeninvestor11 > 2019-08-02 14:31 | Report Abuse

Worldwide market is in red. Doubt KNM can be spared. Anyway, most of us here are aiming for more than RM 1 price therefore we are patient in waiting and holding.

Posted by thinkfirst > 2019-08-02 14:32 | Report Abuse

ha ha don't waste time here buy on rumours sell on news, you know nothing about KNM.

Posted by moneykj > 2019-08-02 14:35 | Report Abuse

Go for China big angpow counter, KANGER...

Posted by Millionairegig > 2019-08-02 14:38 | Report Abuse

The sharks not in yet. Maybe 4.30. I'm waiting for the show sharks. Make it good one.

Posted by Woodswater > 2019-08-02 14:40 | Report Abuse

thinkfirst ha ha don't waste time here buy on rumours sell on news, you know nothing about KNM.
02/08/2019 2:32 PM

Good point!
Wakakakaka

Posted by 4444 > 2019-08-02 14:43 | Report Abuse

Contract so little. Not enough to pay Lee salary or interest expense.

Posted by avengers19 > 2019-08-02 14:44 | Report Abuse

And all the haters come back...

Posted by avengers19 > 2019-08-02 14:48 | Report Abuse

You guys must be the 7.1 m IDSS dying now cause the price may recover and you get burnt again

Posted by OngKawKaw > 2019-08-02 14:49 | Report Abuse

thinkfirst : Totally agreed. You know knm more than lee family, cheers

Posted by avengers19 > 2019-08-02 14:50 | Report Abuse

OngKawKaw you wanna run and sell on news go ahead. But if you scroll up and read the comments and especially the analysis by sardin you will know that this is worth more than the news

Posted by GreenGhost > 2019-08-02 14:52 | Report Abuse

not to scroll up only,go to page 1 and read,
if so lazy to read ask the team members to draw a picture.
more easier

Posted by OngKawKaw > 2019-08-02 14:54 | Report Abuse

No point, take profit and wait for next round. Cheers

Posted by avengers19 > 2019-08-02 14:57 | Report Abuse

Respect your decision but don't go make people panic and ask to run.

Posted by xenze > 2019-08-02 15:00 | Report Abuse

Someone collecting a lot warrant @0.15c
Show will start soon
:)

Posted by avengers19 > 2019-08-02 15:01 | Report Abuse

It's time to assemble....

Posted by foongchung > 2019-08-02 15:01 | Report Abuse

yes, collecting a lot just now at 0.15 for WB

Posted by aris743 > 2019-08-02 15:48 | Report Abuse

wait for 10c wb next week

Posted by stillloss > 2019-08-02 15:48 | Report Abuse

https://www.klsescreener.com/v2/news/view/562808

Posted by small_investor > 2019-08-02 15:50 | Report Abuse

New contract award to KNM till today for year 2019. + Existing revenue and recurring income
Q1
23-Jan USD6.828 million
13-Feb USD6.487 million
7-Mar USD4.865 million

Q2
30-Apr RM17.986 million
27-May RM97.720 million
14-Jun RM27.713 million

Q3
18-Jul RM17.480 million
2-Aug RM17.318 million

Posted by Jack Yip > 2019-08-02 15:56 | Report Abuse

thx @small_investor

Posted by Dreams2Truth > 2019-08-02 15:57 | Report Abuse

1. Introduction



KNM Group Berhad (“KNM”) is pleased to announce that its wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”), had entered into a Contract Agreement dated 1 August 2019 (“Contract”) with JO SK E & CO., LTD, HEC LTD., PT REKIND and PT PP (Persero) TBK (“Client”) for the design, supply and delivery of shop assembled static equipment inclusive of large columns for the RDMP RU-V Balikpapan Project located at East Kalimantan, Indonesia operated by PT Pertamina (Persero) amounting to USD4.170 million (equivalent to approximately RM17.318 million based on the exchange rate of USD1.00 : RM4.153) (“Transaction”).



The supply and delivery duration of the Transaction would be in for a targeted total period no later than 30 September 2010.

Posted by Dreams2Truth > 2019-08-02 15:58 | Report Abuse

No later than 30 Sep 2010???
What is going on with the bursa announcement?