KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.07

Today's Change

0.00 (0.00%)

Day's Change

0.07 - 0.07

Trading Volume

100,000


72 people like this.

59,012 comment(s). Last comment by Dav Yau 1 hour ago

mofa83

291 posts

Posted by mofa83 > 2019-08-27 16:01 | Report Abuse

Something happen bojed?

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:03 | Report Abuse

0.195 eaten up in a jiffy.

Lol crazy.

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:03 | Report Abuse

mofa: i dont kno

Palmboy

489 posts

Posted by Palmboy > 2019-08-27 16:04 | Report Abuse

Peterborough official anounce maybe,maybe la maybe har

upshare

3,239 posts

Posted by upshare > 2019-08-27 16:04 | Report Abuse

Sell son buy mother...

Posted by Keeninvestor11 > 2019-08-27 16:06 | Report Abuse

Sardin81 , ya, it makes more sense on takeover process.

riko

2,727 posts

Posted by riko > 2019-08-27 16:09 | Report Abuse

now borsig and 沙丁.... everywhere....

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:09 | Report Abuse

Hahaha see the minute it dropped to 0.195, doesn't even take one minute to go back up to 0.2.

This is really weird lol

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:10 | Report Abuse

sardin: probably right.

Posted by Keeninvestor11 > 2019-08-27 16:11 | Report Abuse

if it is takeover plan then they should do it ASAP as when the QR report turn up positive then they need to pay higher to acquire.
Now it make more sense why the coming QR have to be positive.

Posted by Keeninvestor11 > 2019-08-27 16:12 | Report Abuse

more weird is the CI down by 6 points but KNM price went up.

marco

12 posts

Posted by marco > 2019-08-27 16:14 | Report Abuse

past time acquired borsig drop until now...

Posted by 2464722860219194 > 2019-08-27 16:14 | Report Abuse

Knm up ,guh up

Posted by 2464722860219194 > 2019-08-27 16:15 | Report Abuse

Knm up, guh up

paktua73

18,297 posts

Posted by paktua73 > 2019-08-27 16:15 | Report Abuse

paktua just share it
if rto they play today must to above 100m vol..
if below its only for qr rally..
and why not buyin hard yesterday??
if want to rto purpose..
but..
this only personal opinion from paktua..



tut tut
paktua hope also RTO

Posted by 2464722860219194 > 2019-08-27 16:15 | Report Abuse

But they not related

stkstudent

245 posts

Posted by stkstudent > 2019-08-27 16:15 | Report Abuse

take profit ! could be repeat of ekovest..be cautious,

stkstudent

245 posts

Posted by stkstudent > 2019-08-27 16:16 | Report Abuse

big player wants to CABUT..

Posted by 2464722860219194 > 2019-08-27 16:16 | Report Abuse

Guh easier goreng then KNM

Posted by 2464722860219194 > 2019-08-27 16:16 | Report Abuse

Low liquidity

Posted by 2464722860219194 > 2019-08-27 16:16 | Report Abuse

Huat huat

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:17 | Report Abuse

All this while I've been wondering why is the warrant so stable, surpassing the mother even at times.

Maybe there's something happening behind the scene, I don't know.

marco

12 posts

Posted by marco > 2019-08-27 16:17 | Report Abuse

KNM pays cash for Borsig
BUSINESS
Tuesday, 04 Mar 2008
PETALING JAYA: KNM Group Bhd yesterday announced a 350 million euros (RM1.7bil) cash deal to acquire Berlin-based process equipment maker Borsig and its group of companies.
The latest acquisition announcement came three months after it was first reported that KNM was eyeing a major foreign process equipment specialist as a target.
“We are pleased with this strategic acquisition, which will complement KNM’s existing product lines,” managing director Lee Swee Eng said in a statement yesterday.
The acquisition, believed to be KNM’s biggest to-date, is targeted for completion by May this year.
In January, KNM proposed to buy a 100% stake in mid-sized Belgium-based process equipment maker Ellimetal NV for 20 million euros (RM97mil).
The purchase of the entire equity stake in Borsig is pending the necessary approvals, including from KNM shareholders at an EGM to be convened.
Borsig is one of the leaders of process heat exchangers in Europe, with strong market and technological leadership in the field of waste heat recovery systems, quenched coolers and membrane technology.
In the statement, Borsig GmbH managing director Konrad Nassauer said the company has had an order backlog of 322 million euros (RM1.56bil) as at end-February.
“We expect to achieve our planned group turnover of 269 million euros (RM1.3bil) and pre-tax profit before tax of 63 million euros (RM306mil) for financial year ended ending Dec 31, 2008,” he said.
Borsig posted 160.2 million euros (RM777mil) in revenue and a pre-tax profit of 36.9 million euros (RM179mil) for the year ended Dec 31, 2007.
Trading of KNM shares were was halted pending the full announcement yesterday. At its pre-suspension price of RM6.10, KNM was valued at RM6.4bil.
The stock will resume trade today.
KNM made a net profit of RM188mil, or 18.14 sen per share, on sales worth RM1.23bil in the year ended Dec 31, 2007.
In December last year, KNM was reported to be planning a major acquisition of a foreign process equipment manufacturer.
The company said last month that it intended to raise as much as RM2.2bil by selling new shares and convertible bonds to fund future expansion.
The Borsig acquisition “will elevate KNM further up the process equipment value chain and enables the group to take a significant step towards becoming a global one-stop centre for process equipment in the oil and gas, petrochemicals, chemical power, industrial services, mineral processing, renewable energy and desalination industries,” KNM’s Lee said.
Since listing in August 2003, KNM has successfully acquired rivals in Italy and Australia in a bid to gain new technology and increased its global market share in the process equipment sector.
It has manufacturing facilities in Malaysia, Australia, Italy, China, United Arab Emirates, Indonesia, Brazil and Canada.

yapts

561 posts

Posted by yapts > 2019-08-27 16:19 | Report Abuse

Thanks marco, even an old piece of news.

longvalley

2,287 posts

Posted by longvalley > 2019-08-27 16:20 | Report Abuse

Jewel in the making.....
Jewel at the east..........
....Bintang Timor....
Juragan sardin
Wa ka ka
Kelasi kasi minum air ketum
Juragan wa ka ka
Stand by u
Wa ka ka ka
Hot money on the move
..........

yapts

561 posts

Posted by yapts > 2019-08-27 16:21 | Report Abuse

RM1.7 billion/ 2.605billion shares= RM0.65

moneypedia

5,987 posts

Posted by moneypedia > 2019-08-27 16:25 | Report Abuse

thanks for the old news marco....

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:33 | Report Abuse

The mother is moving up n down a bit but the warrant is so stubborn.

Posted by Keeninvestor11 > 2019-08-27 16:39 | Report Abuse

i click but nothing yet

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:40 | Report Abuse

I really don't know what to say about the warrant hahaha

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:43 | Report Abuse

You see, 5 seconds down to 0.2 and 5 seconds later back up to 0.205.

Mysterious warrant movement.

Posted by Keeninvestor11 > 2019-08-27 16:44 | Report Abuse

mother shares is challenging 100 millions trading volume. wow

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:44 | Report Abuse

I'm passing my time just to watch how quick the warrant goes back and forth from 0.2 to 0.205 haha

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:44 | Report Abuse

Finally 0.195 haha

paktua73

18,297 posts

Posted by paktua73 > 2019-08-27 16:44 | Report Abuse

if a big buyer willing to take over..
they need to have at least 780 million shares..
and each ownership exceeds 5% of outstanding shares..
the sc will issue a statement of ownership..
but until now..
no valid statement from the sc
who hve acquire more then 20%

so this more in related to the of qr rally..

tut tut
pendapat paktua laa

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:45 | Report Abuse

0.2. crazy. Not even 10 secs

Posted by Keeninvestor11 > 2019-08-27 16:45 | Report Abuse

guys take a guess on what closing price will be? My guess is 0.385

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:45 | Report Abuse

I'm tired watching this game haha goodnight folks.

Posted by Keeninvestor11 > 2019-08-27 16:51 | Report Abuse

closed at 0.385 today. Sardin81 well guessed.

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:51 | Report Abuse

Anyone got any info on the QR?

Posted by Keeninvestor11 > 2019-08-27 16:52 | Report Abuse

nothing yet

Posted by Keeninvestor11 > 2019-08-27 16:54 | Report Abuse

the QR announcement can be anytime from today till 30th Aug. All the best to us.

Dawneagle

332 posts

Posted by Dawneagle > 2019-08-27 16:54 | Report Abuse

@PAKTUAaaaaaa!! Terima kasih Dan tahniah kepala red team soldier paktua. Tak sangka durian runtuh dalam 2 hari. Round 1 saya menang, clear position. Tunggu round 2.

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:55 | Report Abuse

sardin: hahaha yes it was quite hypnotizing watching it going up and down in quick successions.

If tomorrow the mother explodes, I wonder if the warrant will follow as well? Because it's quite expensive to convert to the mother right now isn't it?

bojed

5,064 posts

Posted by bojed > 2019-08-27 16:58 | Report Abuse

Wow there are so many people who bought the mother at 0.385. No wonder people are still buying the son at 0.2 too!

Posted by Millionairegig > 2019-08-27 17:00 | Report Abuse

QR 5.30pm

paktua73

18,297 posts

Posted by paktua73 > 2019-08-27 17:04 | Report Abuse

sama2 dawnaegle..
bagui2 harap 2nd round kaw kaw laa

tut tut
relax n massage
ihik ihik

bojed

5,064 posts

Posted by bojed > 2019-08-27 17:05 | Report Abuse

Sardin: yes that's why I thought too but look at the numbers of warrants bought at 0.195 and 0.2. it's crazy.

whizzkid

1,336 posts

Posted by whizzkid > 2019-08-27 17:06 | Report Abuse

the same trend over and over..only the ones with lots of bullets can win...

bojed

5,064 posts

Posted by bojed > 2019-08-27 17:08 | Report Abuse

sardin81: me too. I only played the warrants once in July.

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