Im very glad that it shot up to 45c range which means my investment since March has more than doubled. But Im being realistic, and to be honest, MYR600M might sound a lot in Malaysia, but if you look at it in USD150M, it is very very low in International standard. By looking at the youtube videos with that kind of extraordinary machineries and advance out of this world engineering techniques, we should be seeing at least a Billion in Euro. Or else it appears that these magnificent assets are being UNDER UTILIZED. That is the reality now I hate to say. Yes, we see contracts every month, but isnt this just to keep the company on a lifeline. Quarterly revenue of less than USD85M is still very low. Thats why i think Lee should get his act together now, by hook or by crook, something huge with consistent performance must happen in order to win back our confidence.
Everything is about risk and reward. But calculated and manageable risk is good for KNM. Others will overtake if its being too conservative. As Lee has suggested, they need to find a great partner to help them explore the full potential of Borsig. Right now, KNM is simply short of cash and big projects to grow as Lee has admitted himself. The world market must have worth a Trillion US$ of work. By getting just a Billion in Ringgit is nothing to be proud of. The manificent assets of Borsig is vastly under utilised. No point having something great and not put into good use. Is just like driving a Merc with just 1 litre of petrol in its tank on the highway, as compare to a full tank in a Proton.
Good morning guys.@Hangseng.You are one of investor that i respect in this forum as i believe you are a wise investor.Im not ashamed to shared the list above projects won by KNM. Because of this projects KNM share price from RM 0.17 went up to RM0.45 today. We should appreciate the hard work done by General Lee & all the staffs of KNM / BORSIG for their continous effort to built up KNM. Also not to forget to tks our bros @Keeninvestors@Dreamtruth for their effort to complete this list.Maybe for some investor this list means nothing to them but for new investors who have just join this forum it might be useful to them .
As what i read in The Edge last week , KNM cash pile around RM 3++ million.We cant expect KNM to bid for RM 10 billion of projects even they have the ability with their German engineering Borsig.
As what General Lee have mentioned they need to have a strong partner .strong financial support & to give business to KNM.Financial support needed for cash cow Athenol Thailand to expand / run in full capacity & to complete WTE UK .With the recurring income from this 3 cash cow beside Borsig definitely share price of KNM will move to a greater high & beside more cash to expand /bid for more projects.A wise decision from General Lee as probably apply loan from bank might be their last choice.
As for wb my humble opinion some investors probably believe they could earn more by betting on son instead of mother although they know the risk.
@investortrader88, definitely need big bank borrowing.How to grow fast without borrowing? If General Lee can get good deal n the project is still profitable after all the borrowing expenses,why not?
emil.. we dont use what if & hope analysis to evaluate the counter. 1 thing u should understand is, since knm break out continuation pattern, it never goes below the support level. It means that people were accumulating the shares. This is a strong signal that knm will soon or later break 47 & increase further.
As dji will make new high, klci will heading to 1640, oil price will rally (ref chart, news)... we expect bullish market nov-jan will happen. So there is no reason for knm not to continue its uptrend..
Another reason KNM will never fall to 30cents is it went sideways since july before recent breakout. Sideway = accumulation phase. Meaning during this period if it break sideways resistance, it will increase very high. If it break sideaways support, it will fall very hard.
In KNM case, it recently break the resistance! U can see JAKS. It has most likely same pattern with KNM. See how the price react after long sideways breakout.
Why should investors return in November? There are four core reason to this.
Firstly, we have the traditional window-dressing activities, which tends to see some sort of buying interest among fundamentally beaten down stocks. This happens among stocks which are widely held by institutional shareholders and are significantly lower in value than the start of the year and hence some sort of buying momentum could help fund managers to make their year-to-date performance “much better” and reflect the index’s performance.
Second, we are in the midst of the Q3 reporting season and by the end of November, all companies, especially with the December year-end, would report their bottom line numbers in terms of their performance. While Q3 earnings could dictate market’s reaction, i.e. if the reported profits are either above or below estimate, what typically happens at the end of the Q3 period is the change in broking firm’s valuation matrix.
Analysts would roll-over their fair values of the stocks under their coverage based on the next year’s earnings expectations, i.e. next year’s full year earnings forecast will now come into play instead of the 2019 performance. This typically lifts market’s perception on value as companies that are valued based on one-year forward earnings are likely to be more attractive than current year’s earnings, on the assumption that growth trajectory is still intact or improving. Third, as we usher in the year 2020, the January effect will come into the picture as investors will start to nimble and re-adjust their portfolio for next year’s market’s theme as well as re-positioning on stocks where some fund managers could have locked-in their gains based on this year’s individual stock’s performance.
Fourth, although this is not a typical strategy but markets tend to have a positive momentum going into the Lunar New Year, which is celebrated as early as Jan 25 next year, just one month after Christmas, and not more than three weeks into the trading cycle of the Gregorian New Year.
Hence, with four positive catalysts helping sentiment, perhaps it’s an opportune time to look at the potential beneficiaries of this momentum.
As far as 2019 is concerned, the KLCI is not a benchmark that had performed well but the overall market sentiment was not too bad. We had very strong winners in 2019 among the oil and gas companies, driven by sentiment and contract awards.
May shoot up suddenly .justbuy now. Will bd another blooming darlinv stock. Just like Look at hibiscus skme timd back.from a scrawny 40 cents stock zoom up to rm1+ in a matter of months
@Trader8888 Another reason KNM will never fall to 30cents is it went sideways since july before recent breakout. Sideway = accumulation phase. Meaning during this period if it break sideways resistance, it will increase very high. If it break sideaways support, it will fall very hard.
In KNM case, it recently break the resistance! U can see JAKS. It has most likely same pattern with KNM. See how the price react after long sideways breakout. 02/11/2019 9:15 PM
How do you differentiate resistance and support on a given chart?
Ways for KNM to raise fund in a order to have more cash to bid for bigger projects / expand cash cow THAILAND ATHENOL operate in full capacity / complete cash cow WTE UK.
relax je.. just hold. Energy counters slow today. All waiting for economic data tonight. But i believe oil will continue rally. If the data turn bad then oil price will do correction 1-2 days. Then it will continue rally follow us-china trade deal optimism.
KNM well supported. What a strong counter. Dont follow your instinct / emotion to sell. Follow & believe on what u see.
If u have no position in knm, just buy now coz price still at support. Unless u already sold knm with losses & jump into another boat and stuck at high price AGAIN. So i understand where the negative mindset coming from .. haha :D
Good qr n ++ news Hopefully....... Stand by u Stand by u Juragan sardin Wa la ka ka Kelasi ata titon lena wa balu kasi air todi campur air ketum..... Laut ala tinang...., Itu shoters tak atak bilani tulujun lalam .....air atak cetek Wa mau plomo bili cipat cipat Itu ph n geng sutah juat macam macam: Juat balang lusuh Juat gigi pandu Juat senipat Juat senual lalam Juat taik Bolonng knm Wa ka la ka ka Lu bili lu pinya pasat Lu pinya lui Lu pinya risk Aya wa ka ka la ka
Good morning guys. Few days no check price still maintain at 0.45 not bad at all. Let hope there is some project announce in this month. Have a good day ahead.
Why KNM price these few days are around 0.45/0.445 ? Due to each and every investors waiting for the soon to be released quarter. Should be around Nov 28 plus minus time frame. Each and every investors are anxious, on whether this coming Nov release qtr will be increase profit or otherwise.
Answer : KNM this coming Qtr to be release, the profit will be increasing ++. Don't just believe me, do an analysis yourself, and you will know the answer why KNM this coming qtr to be release, the profit will be an increasing profit.
Trust and believe, your choice. If you buy in now, KNM still cheap. You should know that once the good quarter results release, KNM price will go up higher and higher.
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....
bigfund
311 posts
Posted by bigfund > 2019-11-01 20:44 | Report Abuse
Moving up slowly reflect this shares is good for investment. Not for short sell.