looking at the buy/sell trades, obvious the big guns are putting a lid on KNM at the moment. this is the third time such pattern after contract news out
General Announcement (201910023000066) Company Name KNM GROUP BHD Stock Code / Short Name 7164 / KNM Date & Time Announce 02/10/2019 12:43:44 AM Subject OTHERS
Content OTHERS Additional Award of Contracts to KNM Process Systems Sdn Bhd amounting to RM52.170 million for the RDMP RU-V Balikpapan Project 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
@kk7198 @Miss Mabel,Let's do that when we cross RM35.00.Ahmoiing only....we will go to Borsig in Berlin for German knuckle, lobster n whisky.sardin81 will be our tour leader.deMusangking will have fun times wet wet with German folls.
This Transaction is additional and if combined with the earlier disclosed two (2) contracts award also received by KNMPS as was announced on 1 October 2019 for the RDMP RU-V Balikpapan Project, would make the combined contract awards received by KNM to a current total amount of RM107.794 million.
current contract on hand is more than half a billion to be completed within 1-1.5 years. Next year seems like a golden year for knm....general lee make knm great again!!!
@investortrader88 @kk7198.bro why you only invite sardine.mabel.demusangking go Berlin amooing.im also die hard supporter of knm / borsih.why didnt invite me ?
Very welcome to join us investortrader88.. Absolutely..
To regain confidence, Peterborough has to start and a favourable verdict on the litigation. Despite having International 175 years of Bosig, there are too many failed huge project promises in the past. There will also be no takeover show as speculated in the past. However, the only spectacular show will be to see WB price when it comes April.
As told earlier not easy to trade knm with short-term. At least u hv to hold for mid-term ( wb expiry @ April ' 2020), recommended for long term holders! Wakakakaka
.... Hot money on the move.........!!!!! After geng PH hd enough collecting thn..... ........ ........ Funds mngr sugest new highst tp Wa ka ka ka ........ ........ ........ PNB masih tercari carikah @ ....... Wa ka ka ka
Please do not get carried away by these projects here and there, the share price has already been factored in during the last price hiked from 18c to 38c. Gen Lee knows best. All we need now is to see major contract, Peterborough and Litigation outcome. Borsig is just here to give KNM a lifeline for the time being. Without Borsig, this company is basically worthless. If Borsig is a sure thing as most of you have led to believe, it would have been taken over long ago by conglomerates all over the world. It will not be here for us to put TP here and there and make a total fool out of ourselves. Remember, Gen Lee knows best and in total control. We just need huge catalyst(s) now. These projects here and there are just to maintain the going concern of a company of this size. Just remember that Borsig alone is not an absolute guarantee. It is not invincible. It can still go bankrupt if badly managed and runs out of cash. But i strongly believe Gen Lee has made an effort to steer this company out of the hardship. If everything gpes well as planned, Share price should rise gradually from now onwards. Dont expect price hikes or miracles. So please have patience and be sensible in making Tp.
Everything that we already know as announced be it Ethanol and others are already factored in the share price now. Or else those conglomerates would have snapped up this penny stock. Unless there are some regulations that prevented them from doing so.
on Sardin's calculation of contribution of Impress Ltd.. assuming a NP margin at 20% equals RM90 mio translated to price of share at PE 15 ( super conservative ) would be 90 x 15 / total shares 2.6 billion = RM0.52 ( JUST ON IMPRESS ALONE ).
Agreed. The next catalyst will be Peterborough. By the way, is the second phase of Impress (knm owns some 70+%) already up and running? I thought the private placement in April is to start build the second phase?
Oil prices plunge on Wednesday after U.S. manufacturing activity dropped to a 10-year low as U.S.-China trade tensions weighed on exports and depressed global markets.
Brent crude futures, an international benchmark for oil prices, plunge 2.1% to $57.63 a barrel. U.S. West Texas Intermediate (WTI) crude futures plunge 2.1% to $52.43 a barrel.
"ITS TIME FOR BIG CORRECTION FOR OIL & GAS STOCKS AS OIL PRICE CONTINUE TO PLUNGE TOWARDS $50 A BARREL"
Morning. Fresh day. DJ tooks a beating. KLCI should be in red today. Let see how strong KNM which wons new contracts yesterday to fly or remain at 0.380.
Good morning guys.General Lee should consider to ask The Edge write article regarding KNM future plan.to let investors understand more on KNM. He have been in low profile this recent years , working hard to built KNM back to its glory days....
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cuhar
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Posted by cuhar > 2019-10-02 12:48 | Report Abuse
looking at the buy/sell trades, obvious the big guns are putting a lid on KNM at the moment.
this is the third time such pattern after contract news out