KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.065

Today's Change

0.00 (0.00%)

Day's Change

0.065 - 0.07

Trading Volume

913,000


72 people like this.

58,958 comment(s). Last comment by Auntylee 6 days ago

Mabel

23,963 posts

Posted by Mabel > 2019-11-23 21:45 | Report Abuse

Mari kita menanam kelapa sawit
Membawa hasil kepada negara
Sambil kita menambah duit
Wah sedap nya makan Lobsters seisi keluarga


Pergi ke bandar beli (KFC) Kay Ef Si
Bahagian peha memang sedap sekali
Mari kita bersatu menaikan KNM kita lagi
Terkilan benar nak makan Aboloni ni

Posted by investortrader88 > 2019-11-23 21:58 | Report Abuse

im in..united for KNM !

Hunter8888

505 posts

Posted by Hunter8888 > 2019-11-23 22:19 | Report Abuse

Aiyo...Sudah murah la kekeke...boleh sapu ler...

Hunter8888

505 posts

Posted by Hunter8888 > 2019-11-23 22:21 | Report Abuse

Ini knm banyak cantik Oo........

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-23 22:57 | Report Abuse

keep collecting this discount price

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-23 22:59 | Report Abuse

sometimes i cannot brain.

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-23 22:59 | Report Abuse

got many projects but price is heavy to fly

tash1

271 posts

Posted by tash1 > 2019-11-23 23:53 | Report Abuse

Wait for Monday qr out and then see all want to get in here or not

Lhhin2008

12 posts

Posted by Lhhin2008 > 2019-11-24 00:34 | Report Abuse

Thank jutawansenyap and paktua. Stay strong KNM. General Lee forever..

Laurence

60 posts

Posted by Laurence > 2019-11-24 00:45 | Report Abuse

Actually if we look at nta of knm=60 cents, as long as knm keep earning profit, I believe knm share price can go up at least 60cents.

Mabel

23,963 posts

Posted by Mabel > 2019-11-24 01:04 | Report Abuse

As for me, I’m actually quite happy that I was able to collect more. If you are a long-term investor, your should focus should be on the end game. Till then..

To 50 with Loves...

Once that is broken.

To 60 with Loves...

Once that is broken.

To 70 with Loves...

Once that is broken.

To 80 with Loves...and so on until we reach RM 3.00

So, Let's break this wall one at a time, together..

Cheers!

336699

130 posts

Posted by 336699 > 2019-11-24 01:30 | Report Abuse

Monday QQQQQ

jutawansenyap
paktua73
mabel
336699
investortrader88
Ermmm
RISK8888
Hunter8888

Come on .... add on ....

LOOK FORWARD AND UPWARDS

KNM UNITED

Michael Kwok

6,358 posts

Posted by Michael Kwok > 2019-11-24 01:36 | Report Abuse

I think its come out with the loss.If not its will not drop that much.People should know by now.

336699

130 posts

Posted by 336699 > 2019-11-24 01:55 | Report Abuse

Michael, unless you knew something we don't.......If not then be patient, few more days to learn the actual figures. If the "leak" is true that it's in the red, it's already factored in the drop over the last 5 days. The market had absorbed them all and shall rebound on Monday. I feel this is an S&D campaign...nothing else. Let's the truth prevails on 27th. Nov. Cheers

KNM UNITED

336699

130 posts

Posted by 336699 > 2019-11-24 02:00 | Report Abuse

Mabel Mari kita menanam kelapa sawit
Membawa hasil kepada negara
Sambil kita menambah duit
Wah sedap nya makan Lobsters seisi keluarga


Pergi ke bandar beli (KFC) Kay Ef Si
Bahagian peha memang sedap sekali
Mari kita bersatu menaikan KNM kita lagi
Terkilan benar nak makan Aboloni ni
23/11/2019 9:45 PM

Mabel dah berpantun
Apabila KNM sikit turun
Janganlah salahkan Tun
Sebab ada IDSS lanun

Nak capai sen lapan puluh
Perlu usaha berpeluh peluh
Siap sedia bertahan teguh
Biar kasi IDSS makan telur

LOL Cheers

KNM UNITED ~ BERLIN TRIP 2020

longvalley

2,287 posts

Posted by longvalley > 2019-11-24 07:12 | Report Abuse

Waiting likes frontkn frm 0.25 c to 2.00$
..........
Jenuh n critical......

longvalley

2,287 posts

Posted by longvalley > 2019-11-24 07:14 | Report Abuse

.....waiting frm 0.37c to $7.00++
perhh....

Posted by birkincollector > 2019-11-24 09:51 | Report Abuse

getting tricky if based on TA.....but who knows might have good results...sideline for now

Laurence

60 posts

Posted by Laurence > 2019-11-24 11:08 | Report Abuse

Last year knm suffer loss due to a huge impairment loss, depreciation of platlntation and unexpected loss from foreign currency. But this time, knm aldy cancel the huge impairment loss and it obtain a lot of projects in this year. In its euro business, it continue lowering the operating cost. Therefore, the only way for knm to loss is unexpected loss from foreign currency( Rm against Thb). However, last quarter they also suffer the same problem and knm also earn the profit. Thus, I believe this unexpected loss will only slightly affect knm's profitability.

Laurence

60 posts

Posted by Laurence > 2019-11-24 11:14 | Report Abuse

However, if this quarter knm suffer loss, I will cut loss. I will suspend the ability of the company's management. Because there is no chance for knm make losses in this quarter

Michael Kwok

6,358 posts

Posted by Michael Kwok > 2019-11-24 11:18 | Report Abuse

Weely and monthly point to very overbought.That y.Many month oversold with dramatic upturn from low.Some-more its do not supported by profit like Armada.

Michael Kwok

6,358 posts

Posted by Michael Kwok > 2019-11-24 11:20 | Report Abuse

6 cent to over 45 cent.Its too dramatic that what I think.

newbie4444

1,264 posts

Posted by newbie4444 > 2019-11-24 11:23 | Report Abuse

Now not time to buy?

Posted by Michael Kwok > Nov 24, 2019 11:20 AM | Report Abuse
6 cent to over 45 cent.Its too dramatic that what I think.

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 11:37 | Report Abuse

the directors didnt dispose any shares so far.

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 11:38 | Report Abuse

make me wonder. is QR bad real?

Laurence

60 posts

Posted by Laurence > 2019-11-24 11:39 | Report Abuse

For me, it is not too dramatic. Price up because knm become profitable. Nobody want to buy a compamy that suffer loss. If knm become profitable then market will give it fair value. Its nta is 60 cents, once knm make profit, market will push it up to be close with 60 cent or even over 60 cent.

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 11:40 | Report Abuse

or operator play candy crush.. haha.

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 11:40 | Report Abuse

easy general to collect more at discount.. hihi

Laurence

60 posts

Posted by Laurence > 2019-11-24 11:40 | Report Abuse

If knm make profit, but price still stuck at 6 cents, it just too dramatic.

Laurence

60 posts

Posted by Laurence > 2019-11-24 12:13 | Report Abuse

And if we look at director movement, they buy a lot of share and transfer esos from October. At that time, directors aldy know the result of q3 is good or bad. If qr3 not good, why they buy a lot of ticket. Waiting for becoming toilet paper??

emil

1,428 posts

Posted by emil > 2019-11-24 13:36 | Report Abuse

Go back to basic knowledge - massive selling means QR bad report incurred losses!!

upshare

3,239 posts

Posted by upshare > 2019-11-24 13:37 | Report Abuse

But who selling big this few days???

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 13:57 | Report Abuse

as usual. esos. by knm staff.

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 13:59 | Report Abuse

some company appoint one remisier to manage in selling staff's shares.

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 14:00 | Report Abuse

imagine if that 'remisier' sell it in big volume

ChefSaham

516 posts

Posted by ChefSaham > 2019-11-24 14:46 | Report Abuse

As for wave 4, it should do retracement around 38% of wave 3. Current price is already at this level & just above the support. Wave 5 is expected to happen soon as market is expected to rally.

Posted by ironman2020 > 2019-11-24 15:06 | Report Abuse

emil Go back to basic knowledge - massive selling means QR bad report incurred losses!!

-----

1) Emil.. last week panic selling was due to the recent news people EXPECT quarter will be bad coz in that news stated that knm's subsidiary claim 30M loss in profit from Widad for job NOT YET COMMENCED.

This 30M was and will never reflected in KNM or its subsidiary's profit n loss statement coz the job not yet started.

2) As we can see on technical view,

(i) RSI and Stochastic are both oversold.
(ii) Current price stay below bollinger band.
(iii) As price continue to drop, volume is increase ( price - volume divergence)

With these indicators we can expect rebound will happen tomorrow - quarter out.

To emil, my question is :

If price is rebound before quarter out, what actual assumption u can make for coming quarter?

Posted by masterkevin212 > 2019-11-24 17:58 | Report Abuse

Those who are so pandai pandai read chart wave 1, 2, 3, 4 or 5 end up will kena wave hangus loh. Wave is created by human being lah. Surely last wave will trap you.

Posted by masterkevin212 > 2019-11-24 18:02 | Report Abuse

No matter how good profit is, Kim still has to pay borrowing interest 130m++ yearly and those who mentioned BY A 0.60 will end up with write off goodwill balance sheet 900m any time

Posted by masterkevin212 > 2019-11-24 18:03 | Report Abuse

No matter how good profit is, Knm still has to pay borrowing interest 130m++ yearly and those who mentioned NTA 0.60 will end up with write off goodwill balance sheet 900m any time

Mabel

23,963 posts

Posted by Mabel > 2019-11-24 19:02 | Report Abuse

@masterkevin212 No matter how good profit is, Knm still has to pay borrowing interest 130m++ yearly and those who mentioned NTA 0.60 will end up with write off goodwill balance sheet 900m any time
24/11/2019 6:03 PM

Thanks for your advice masterkelvin...

Which O&G does not have debt? It's part of the playing fields..

Compare to it's peers...Dutchman's debt is peanuts...

Want to be safe, better invest in Banking industries...

Cheers!

Posted by ironman2020 > 2019-11-24 19:05 | Report Abuse

Masterkevin212 as at previous quarter KNM has total RM360M cash & equivalent.

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 19:24 | Report Abuse

masterkevin212 said same points since long time ago.

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 19:24 | Report Abuse

when knm is up. he is silent

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-11-24 19:25 | Report Abuse

up to him lah. poor new trader. surely panic whenever read this

Posted by investortrader88 > 2019-11-24 19:57 | Report Abuse

In 1963, American Express found itself on the wrong end of a very big, very bad loan to a company by the name of Allied Crude Vegetable Oil. The salad oil company faked its inventory, filling its tanks with seawater and only a modest amount of oil. Because oil is less dense than water, it would float at the top, making it appear as though the company had much more oil than it actually possessed.

Allied Crude Vegetable Oil borrowed on the basis that it had 1.8 billion pounds oil, but it only had 110 million pounds. Thus, American Express and other major banks, which took on the loan under the assumption it had ample collateral, found themselves staring down the barrel of substantial loan losses.

AmEx shares fell over 40%, as the market worried that it wouldn't survive. But Buffett was ready to buy, believing that the losses were only temporary, and that American Express's brand gave it enormous value over and beyond its accounting value.


American Express wasn't your typical corporation. It was organized as a joint stock company, which gave its owners unlimited liability for its losses. If its balance sheet were impaired, shareholders could be called on to contribute more capital. (It converted into a typical corporate structure two years after the scandal.)

In the book The Snowball: Warren Buffett and the Business of Life, author Alice Schroeder writes of the event, quoting Buffett himself:

"So every trust department in the United States panicked," recalls Buffett. "I remember the Continental Bank held over 5 percent of the company, and all of a sudden not only do they see that the trust accounts were going to have stock worth zero, but they could get assessed. The stock just poured out, of course, and the market got slightly inefficient for a short period of time."

Buffett bet big on the stock, putting 40% of his partnership's assets in American Express shares. And while he had made big bets before, this wasn't his standard fare. Previously, his large bets were concentrated in companies that could be liquidated for more than their stock-market value. This wasn't the case with AmEx, which Buffett was buying at well more than two times its book value and more than 15 times its earnings.

Up until this time, Buffett had primarily invested in companies that few would recognize, companies that would never make the front pages of a local newspaper, let alone find themselves in the middle of a national scandal. The size of his American Express investment gave Buffett a huge advantage that he never had before. Schroeder wrote that "[n]ever before had he invested like this. Never had he put to work anything approaching this much money, and so fast, in his life."

Having plunged as low as $35 per share, shares rapidly advanced to $70 per share, making Buffett and his investors millions in the course of just three years. The quick double from AmEx resulted in a return twice that of the S&P 500 over the period.


One of Buffett's most famous quips is that "only when the tide goes out do you discover who's been swimming naked."

If Buffett's investment in American Express during the salad oil scandal had turned out for the worse, Buffett might have continued on as a small-cap liquidator managing a handful of money rather than the legendary investor that he is today.


Some KNM investors panicked & dump their KNM shares as fear coming qr profit will be in red .Some investors see as an oppurtunity to collect KNM shares during temparory dips & have faith in KNM on its futures plans .Time will tell.

tuapuikia

2,346 posts

Posted by tuapuikia > 2019-11-24 20:31 | Report Abuse

I still see tp 60

ChefSaham

516 posts

Posted by ChefSaham > 2019-11-24 21:07 | Report Abuse

officially in at 0.38...the price is at support now hope can rebound and start wave 5 uptrend

Posted by investortrader88 > 2019-11-24 21:12 | Report Abuse

@ paktua.salute you & yr red troops

Laurence

60 posts

Posted by Laurence > 2019-11-24 22:21 | Report Abuse

Hahaha, never mind, next week will show who will won the match between optimistic players or pessimistic players

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