Mabel, very soon KNM will reach 0.47 as just now it crosses 0.465
Sardin81 : i agree with you. Reason why investor buy KNM is not because of trend, it is because of this is backed by real projects, real prospects, and real world class abilities of BORSIG of Berlin, German Engineering Company. and also recurring income from Impress Ethanol and soon Peterborough, UK.
We as the shareholders of KNM, beside earning revenue from Germany, from UK, we are also earning forex gain.
KNM engine are warming up today, and we shall see an uptrend in KNM KNM TP 3 your choice to be a believer or not... KNM
financial crisis does not affect this type of company. Even if it is affected within 6 months or less it will recover. Check tnb, tm, digi, axiata, celcom, dialog. all similar business model which is recurring income...
KNM targetting 30-40% revenue from renewable, by that time you wont be able to get this cheap cheap price
From 2017 news:
When will renewable energy start contributing to the group?
We will reap the fruits by the end of this year.
Contributions from the renewable energy segment will account for 15%-20% of the group’s income for 2017.
Then, with contributions from our 18MW Peterborough waste-to-energy project and the second phase of our Thai bio-ethanol project coming in when they become operational, we expect the renewable energy segment to account for 30%-40% of our total income in 2018, and this will eventually grow to 70% by the next five years.
makemoney1 financial crisis does not affect this type of company. Even if it is affected within 6 months or less it will recover. Check tnb, tm, digi, axiata, celcom, dialog. all similar business model which is recurring income...
I do not know it can compare to these blue chips or not. Even if it cannot compare to these blue chips it can at least have half of their valuation. Current valuation is too cheap for energy industry.
One thing I do know that once you venture into recurring income type of business; the business is recession proof especially in energy generation industry, renewable energy industry. Want or do not want consumer will always use their services so for me this is blind profit....now it all depend on general lee how he want to steer the ship.
KNM Group Bhd (KNM)’s indirect unit has accepted a US$12.31 million (RM51.48 million) purchase order from Petrofac Emirates LLC to supply pressure vessels and columns, it announced on Bursa Malaysia today.
The unit, FBM-KNM FZCO (FZCO), will supply the vessels and columns for the Ain Tsila development project in the southeast of Algiers, Algeria.
The purchase order is expected to contribute positively to KNM’s earnings for the financial years ending Dec 31, 2019 (FY19) and Dec 31, 2020 (FY20).
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....
apanama
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Posted by apanama > 2019-10-25 04:43 | Report Abuse
sell..23sen