Posted by investorbat > 2020-03-03 01:14 | Report Abuse

value Borsig at 1.5bil euro/6 bil ringgit is insane.since u all said Borsig is so good why not sell to german people 30% discount and take back 4.2 bil ringgit,minus 1.5 bil ringgit borrowing still has 2.7 bil,which is $1/share hahahaha

Posted by Godofgambler > 2020-03-03 01:22 | Report Abuse

Wah..want to buy knm at chicken feed price?
Let me tell u when knm purchased this knm few years back malaysia currency is much stronger..
Now malaysia currency so weak cincai covert to Rm of course can get more of it..
Plus is 1.5 billions purchase few years back and now you expect sell back at 1.5 billion again? I call it more like a rompak if selling at this price.
Oh yeah eggs price also keep increase from year to year...what to say about Borsig..?
Borsig are doing well and making money...

Posted by Dawneagle > 2020-03-03 01:49 | Report Abuse

@investorbat... mana lu dapat 1.5billion euro? I said 1.5billion RM. KNM purchase price in 2008 was 350million euro only + debts.

Posted by investorbat > 2020-03-03 01:56 | Report Abuse

@ Dawneagle i did not say u,please refer to comment at 12:38am just now.

Posted by Dawneagle > 2020-03-03 01:58 | Report Abuse

@godofgambler! You're starting to get delusional.

ENTIRE SHARE STAKE in borsig gmbh and another borsig was pledged in bank for 200million euro in may 2019!!!

Technically your Borsig chicken egg is valued at less than 200million euro. Read *****
If Borsig is valued at 1billion euro, they dont have to pledge the entire shares to get 200million euro loan.

So what other stories you have???? Tell me, I want to hear...



KUALA LUMPUR (May 21): KNM Group Bhd’s German subsidiaries have secured new credit facilities of up to €200 million from various financial institutions, which will be used to settle certain existing credit facilities.

The new facility was secured by Deutsche KNM GmbH and Borsig GmbH from IKB Deutsche Industriebank AG, which acted as the arranger, agent and security agent (mandated lead arranger), and other participating financial institutions.

The facility is secured by pledges over
****all the shares/interest in Borsig Beteiligungsverwaltungsgesellschaft mbH and Borsig GmbH, respectively, KNM said in a stock exchange filing today. The tenure of the credit facilities shall be up to a maximum period of five years.

Posted by Depeche > 2020-03-03 04:52 | Report Abuse

If launch a new warrant.....price will fly again.

Posted by H12345 > 2020-03-03 07:38 | Report Abuse

10+ years ago, someone told me he does not need to work if not buying knm shares. Fast forward to today, from what I know physically about knm, if you want to gamble ok, just make sure that's not your retirement fund, if you want to invest, look for other stocks.

Posted by Everhappy > 2020-03-03 07:55 | Report Abuse

Dow Jones up so much today knm will up too .

Posted by CUTLOST > 2020-03-03 09:24 | Report Abuse

Who selling 205 big lot.. Why run still cheapest

Posted by Keeninvestor11 > 2020-03-03 09:52 | Report Abuse

@sardin1 , i have been taking your advice and i will hold no matter what. Be strong guys.

Posted by Jack Y > 2020-03-03 10:14 | Report Abuse

ya kah ? Money is not lost, it is somewhere inside KNM.. normally ppl use that money to pay debt or give special bonus, but knm move that money to somewhere else. what a good treat for the investor. hohoho.....

Posted by apanama > 2020-03-03 10:14 | Report Abuse

Kesian..i ask to sell last time..dont want..still want to believe Borsig la..Ethanol la..no 20sen already..later 7sen how? Kesian la..

Posted by BearishTrend > 2020-03-03 10:21 | Report Abuse

I'm Q back at 19 to 19.5cts..hope afternoon will match.

Posted by maxprofit2020 > 2020-03-03 10:36 | Report Abuse

guys, IDSS in first 1.5 hours short selling RM 1.42 mil at 0.205, they intend to buy back 0.2 today.
the high volume at 0.2 is IDSS buy back volume, not due to high demand.

Posted by maxprofit2020 > 2020-03-03 10:46 | Report Abuse

@ sardin81, I am waiting for the day. The day they burnt that will be my entry point.

Posted by pjforsuccess > 2020-03-03 10:50 | Report Abuse

Why knm got idss ? How it works ?

Posted by maxprofit2020 > 2020-03-03 11:06 | Report Abuse

Intraday Short Selling
What is Intraday Short Selling (IDSS)? IDSS allows investors to sell securities that they don't own, and then buy the same later to square off. All sell positions must be closed off with buy positions within the same trading day.

Posted by maxprofit2020 > 2020-03-03 11:09 | Report Abuse

IDSS works well during downtrend.
Each morning sell first for stocks that they don't own => create fear for weak holders => and buy back at lower price in the afternoon / before closing, same day. Take profit for the price different without actually own the stock.
It had been continuously earn big since Nov to now while retailers stuck at holding high price waiting for margin call or forced selling.

Posted by maxprofit2020 > 2020-03-03 11:12 | Report Abuse

however it doesnt work during uptrend as they will sell first at lower price and buy back at higher price which will burn their hand for the intraday price different.
so when IDSS is active with high volume trading each day, retailers need to be aware instead of rush to buy as the high price in early morning is a trap for IDSS to sell high and buy back low in the afternoon, while retailers buy high in the morning and forced sell low in the afternoon.

Posted by Kevin Tam > 2020-03-03 11:35 | Report Abuse

Hi Sardin , can explain why the huge loss of RM770 in financial year 2018? Due to impairment ?Can some of those impairment being adjusted back to be profit in near future ??

Posted by Kevin Tam > 2020-03-03 11:37 | Report Abuse

If want to play short , there r few counters which are overvalued , example QL, Topglove , Harta n some of the GLCs ... KNM is undervalued at the moment...

Posted by longvalley > 2020-03-03 11:44 | Report Abuse

.... still buy at this label price....
.... but q buy ....0.18c
.... Juragan Sardin stand by me stand by u..
.....wa ka ka ka.......!

Posted by truesight1122 > 2020-03-03 11:57 | Report Abuse

sardin, may i know, the "reinvestment" you talk about, how does it affect profit in any way ya? thanks in advance

Posted by maxprofit2020 > 2020-03-03 12:02 | Report Abuse

@ Kevin Tam, the purpose of a trade is to make profit, it is not so relevant to whether it is overvalued or undervalued. As long IDSS short the counter and they can earn daily profit, they continue to short the counter everyday during downtrend, until the trend reverse.

Posted by riko > 2020-03-03 13:00 | Report Abuse

Talk shit... Pandai...
Virus pun benefit knm...
Really tns

Posted by investorbat > 2020-03-03 13:02 | Report Abuse

talking about knm"s ethanol,the ethanol price at almost 10 year low. Usa and Brazil total 85% of world productions. Thailand only 1.7%

Posted by BearishTrend > 2020-03-03 13:48 | Report Abuse

Let idss buy 25cts or 30cts this afternoon..

Posted by Depeche > 2020-03-03 14:00 | Report Abuse

Easier said than done...The shorties
covered their position early morning...gapped up to 0.215 but buying power was non existent...the shorties went back to work soon after...the chance to surge to even 0.22 is gone for today.

Posted by truesight1122 > 2020-03-03 14:34 | Report Abuse

sardin what about my question? how about the reinvestment you talked about, how does it affect the profit?

Posted by BearishTrend > 2020-03-03 14:46 | Report Abuse

I'm not gonna buy it at 20cts.

Posted by CUTLOST > 2020-03-03 14:55 | Report Abuse

Whose bought my knm this morning at 215..coz I'm wanna buy back at 185 tmr.. Bcoz oil at Djia will drop back below current price.

Posted by truesight1122 > 2020-03-03 15:01 | Report Abuse

sardin81 Actually KNM has already achieve profit of more than RM100 million, it is just that it is not shown in their results because of re-investment. Re-investment will eventually stop, when Peterborough WTE is ready because KNM did not plan anymore big projects.

But how does any of your previous reply correlates with what you mentioned about reinvestment that causes knm not achieve >100mil net profit?

Posted by H12345 > 2020-03-03 15:07 | Report Abuse

Last few years, KNM has also closed down a number of factory, sell off some subsidiary and a number of good people left the company. If you visit their factory, you would know they are actually behind in terms of technology and efficiency compared to many other competitors in China/Korea. The margin is very low so if efficiency is not improved, it would not be competitive.

Posted by Jack Y > 2020-03-03 15:11 | Report Abuse

en,,,, instead keep asking ppl buy in low price, he should go and visit msia knm factories atleast

Posted by CUTLOST > 2020-03-03 15:56 | Report Abuse

It not easy to broken 19cts..very strong resistant at 20cts

Posted by truesight1122 > 2020-03-03 15:58 | Report Abuse

sardin81 When you have RM1.6 billion sales.... your yearly bank borrowing repayment is only RM80 million. Just put a small profit margin of 15%... That is already RM240 million net income. This money will go somewhere. On the surface we only can see big items such as Impress Ethanol ( this thing dont comes FOC, some of the profits must have been in there ), then we have BORSIG ZM sales, that sales expose another portion of profit money, BORSIG ZM was supposed to be RM500,000 but when sold it is RM130,000,000... again this increase dont suddenly appear from thin air, profit money must have been kept there as well. Then peterborough WTE... even before construction, do you think KNM get the land free from UK gov ? They buy it.... money come from where ? surely wont drop from the sky.

Unless you have time, you go and visit their factories in Europe and see what else they have there.But from the few exposed evidence, Peterborough WTE, Impress Ethanol and BORSIG ZM... and sales of KNM group is increasing... we know money is in there somewhere, otherwise sales will difinately drop because if you dont re-invest you will not be able to compete and increase your sales.


hmm but from what we know, reinvestment in benefit generating assets will not effect the net profit in any way others than maintenance. read up the basic definition of expenses and assets, assets are recorded when theere is probable economic inflow. if as what u said, the "reinvestment" is reducing profit, then it is just expense. it will not generate any future economic benefit and the whole world knows it. it is a fact.



sardin81 Most important is not profit or loss because Profit and Loss can be manipulated.

manipulation of PnL? and is able to get through KPMG's audit? c'mon. KNM revenue recognition is straightforward unlike any other construction company which uses input / output method in accordance with MFRS 15 to recognise profit. you sell, you recognise. end of story. no room to manipulate others than committing fradulent financial reporting (ficticious invoices etc). i call bullshit on what you said.


sardin81 Most of them are made from non-cash item... such as depreciation, cancellation of deferred taxation, forex loss and etc... all these can easily be reversed, for example depreciation can always be reversed by asset appreciation, cancellation of deferred taxation can always be reversed by new ones... forex loss can also be reversed by forex gain... all these does not impact their actual sales and actual income and expenses.

Erm, no we dont reverse depreciation. depreciation is needed to reflect the useful life of the machinery. it wont be reversed, there is absolutely NO ground to reverse. as years go by, more depreciation expense will be charged to PnL and the net book value of machineries in the balance sheet will reduce as well.
forex loss will reverse, yes when malaysia is doing super good but the fact u brought it up means u have no clue and are just trying to get people to buy.


look, i am all up to discussions and exchange of facts but every "fact" you provided is just full of shit. you don't even get the basic concepts right. you are just trying to trap people into buying and push up the share prices so that you dont lose that much. just note that even u succeed, the buying power of all the people in this thread will not able to achieve that.

furking piece of shit

Posted by CUTLOST > 2020-03-03 16:07 | Report Abuse

Short selling adv, antages for those hv big bullet

Posted by truesight1122 > 2020-03-03 16:46 | Report Abuse

IAS 136 >>>SPECIFICALLY<< prohibits the reversal of impairment for goodwill. right now the whole kpmg professionals are laughing at you.

the lands wont appreciate as frequently like depreciation of other PPE. and how much can the land appreciate? you have details of the land holding by KNM? even so, you think it can be used to offset against the annual depreciation? do you have any idea how much PPE KNM is holding or not?

and, if non-cash item is not "important", why the accounting standard requires people to record it? surely it links to somewhere in the annual report that mediocre investor like you would not ever able to find out. so u are saying i impair RM 1 bil of PPE wont effect share price? oh my god the dumbness..

companies with thin margin is always risky. they are sensitive to any one-off items that can reverse the profit position overnight.

guys i am at the edge to give up talking to a dumb cow. hope in near future there will be people patient enough to explain to this sardin fish how the "real world" is running. now my concern is for all the small players who listened to the dumb sardin and invested into knm at this stage.

Posted by truesight1122 > 2020-03-03 17:22 | Report Abuse

first, give me the source of how you derive with 500k

Posted by riko > 2020-03-03 17:32 | Report Abuse

Why argue... While 0.20c is truth and real.

Talk 3 talk 4 won't let it up 0.000005c

Posted by jek2288 > 2020-03-03 17:40 | Report Abuse

Shouldnt have listen to this sardin guy iand his target price of RM3 .useless counter with price languishing af 20 cents.

Posted by truesight1122 > 2020-03-03 17:49 | Report Abuse

jek2288 im glad. you were a loyal KNM and pulled out now cause u see the facts. i hope more will do the same

Posted by jek2288 > 2020-03-03 17:52 | Report Abuse

so many people are taken in by this borsig and ethanol shits and tp.lost money bcos of it.

Posted by maxprofit2020 > 2020-03-03 17:59 | Report Abuse

Once current price 0.195/0.2 broken, technically next "support" should be 0.155/0.165 = last year April's price level.

Posted by Godofgambler > 2020-03-03 18:28 | Report Abuse

Stop talk 3 talk 4
A company that can take over Borsig.. Should be consider as very capable company.
I would like to ask.. How many companies are capable of buying german tech and how many german are willing to sell thier tech?

Posted by Godofgambler > 2020-03-03 18:28 | Report Abuse

Can i advise you something?!

Posted by Godofgambler > 2020-03-03 18:34 | Report Abuse

Hahaa...

Posted by vadaiISback > 2020-03-03 18:51 |

Post removed.Why?

Posted by vadaiISback > 2020-03-03 18:51 |

Post removed.Why?

Posted by freddiehero > 2020-03-03 18:59 | Report Abuse

sikit lagi lucky price 0.18