Posted by pebek968 > 2020-06-19 12:09 | Report Abuse

Aiyo...245-250...! Why?

Posted by alexljh86 > 2020-06-19 12:14 | Report Abuse

Rocket no oil, too sad

Posted by Jack Y > 2020-06-19 12:23 | Report Abuse

why 245 250? coz no 1 buying and push up lo.......so simple

Posted by alexljh86 > 2020-06-19 12:33 | Report Abuse

All sleeping, push to 0.28 leh

Posted by williamtkb > 2020-06-19 12:39 | Report Abuse

Just queue for sales to collect more tickets lo. Got some 245. Waiting for 30cents

Posted by Ben3333 > 2020-06-19 12:55 | Report Abuse

QR 20m is chicken feed, only contribute <1 cent to NTA. New contracts award n corporate excercise needed to spike price. Sardin’s contribution needed here

Posted by Daydream > 2020-06-19 13:05 | Report Abuse

now most of the counters base on speculation regardless to QR or Project award.
Only speculation can gain fast money to those speculator.

Posted by Prashan Ram > 2020-06-19 13:20 | Report Abuse

sardin got canned already

Posted by jek2288 > 2020-06-19 13:58 | Report Abuse

Knm not for spekulative players.buy cash collect and keep and wait for the aurora showtime one fine day anytime.

Posted by Friendship > 2020-06-19 14:02 | Report Abuse

KNM GROUP BHD: (MYR0.25) Higher profit thanks to a lower effective tax rate
Maybank IB Retail Research

KNM reported a net profit of MYR20.3m in 1Q20 (+10% YoY). Excluding one-off net loss, its 1Q20 core PATMI jumped 62% YoY. In comparison, the group booked in a one-off net gain of approximately MYR5.1m a year ago, mainly due to reversal of warranty and reversal of impairment loss on other receivables. No dividend was declared for the current quarter.

In 1Q20, revenue fell 7% YoY, partly due to temporary closure of its China’s and Malaysia’s operations following the COVID-19 lockdowns, as well as lower production level in its Thailand operations. Despite the lower revenue, the higher PATMI was mainly attributable to a lower effective tax rate of 7.6% (1Q19: 28.5%).

Although the stronger 1Q20 results were commendable, 2020 will be a challenging year for the group. Global economic growth is hampered by the COVID-19 pandemic, which in turn, would hurt global demand. Our analyst believes that normalizing global demand will only materialize if a cure/ vaccine for COVID-19 is developed/ launched quicker than anticipated.

Besides the COVID-19 outbreak, jobs flow has been slow thus far, particularly in the face of a low oil price environment. Brent spot price averaged USD63.99 in 2019 vs. an average of USD41.22 YTD, down approximately 36%. Nonetheless, MKE believes that oil production cut by OPEC+ as well as stricter compliance will help to support oil price.

The group has return to profitability in FY19 after slipping into losses in 2016. The 1Q20 results show that its turnaround is intact but investors with lower risk appetite should continue to stay cautious. Notably, its global footprint (Asia & Oceania and Europe made up 16% and 84% of 1Q20 revenue respectively) will also feel the impact of the lockdowns worldwide.

In terms of valuation, the stock is trading at an annualised 1Q20 core P/E of 7.5x and a trailing P/B of 0.4x. KNM offers potential turnaround play but execution is key to success. Another potential re-rating catalyst would be a successful de-gearing exercise. As at end-Mar 2020, its net gearing stood at 0.7x. YTD, its share price was down 33%.

Posted by Friendship > 2020-06-19 14:02 | Report Abuse

PE of 7.5x what a bargain

Posted by Friendship > 2020-06-19 14:05 | Report Abuse

More fund managers to add KNM in their portfolio very very soon

Posted by small_investor > 2020-06-19 14:09 | Report Abuse

this maybank .. when got project 75 million then TP 0.23 .. when result ok then tp 0.25.. like that aunty chong and macik kiah also know to give TP lah.. buy KNM buy for future project and renewable energy ... recurring income !!

Posted by KAQ4468 > 2020-06-19 14:32 | Report Abuse

cantekkkkkkk


stay cool .... stay invest !!!!

Posted by alexljh86 > 2020-06-19 14:49 | Report Abuse

All waiting at 0.245

Posted by williamtkb > 2020-06-19 14:50 | Report Abuse

Hibiscs volume coming but road block ahead. Once the road block clear, got show.... Else can sleep

Posted by kitkat > 2020-06-19 14:51 | Report Abuse

all oil counter green, except this.
waiting for something?

Posted by KAQ4468 > 2020-06-19 14:51 | Report Abuse

jerung tengah collect lorrrrrr

cukup time ... kabboommmmmmm !!!!

Posted by williamtkb > 2020-06-19 14:54 | Report Abuse

If want to buy, place low. We also wait for sales. Haha

Posted by jack90 > 2020-06-19 14:55 | Report Abuse

Armada KNM abang adik. should close green today. Solid also another good gem.

Posted by yingzhe17 > 2020-06-19 14:59 | Report Abuse

Good luck ... all sharks selling now. Sucker only chase high.

Posted by williamtkb > 2020-06-19 15:06 | Report Abuse

Hibiscs knm Something smelly....
WTI Crude Oil USD39
Brent Crude Oil USD42
But huge block ahead from moving.

Posted by williamtkb > 2020-06-19 15:34 | Report Abuse

Show time

Posted by kitkat > 2020-06-19 15:35 | Report Abuse

brent oil up 2%
knm drop 2%
lolz.

Posted by Jack Y > 2020-06-19 15:55 | Report Abuse

sardine...... need positive input from u ~~

Posted by williamtkb > 2020-06-19 16:04 | Report Abuse

hibiscs moving towards 70cents... knm will follow last minute.

Posted by KAQ4468 > 2020-06-19 16:09 | Report Abuse

Hibiscus ...KNM ... Armada


Terbang pergi bulan



Hahahaha


Audi mari .... Bungalow mari ... New wife mari ....

Posted by mf > 2020-06-19 16:12 | Report Abuse

OPEC+ Confident Its Members Will Reach 100% Compliance

Posted by kitkat > 2020-06-19 16:25 | Report Abuse

oil up almost 3% ady..
this counter stil in red..
speechless

Posted by mh87 > 2020-06-19 16:27 | Report Abuse

Oil is volatile..

Anytime can up and anytime can down..

Posted by HuatlaiOnglai > 2020-06-19 16:30 | Report Abuse

oil has been on an upward trends after OPEC + decide to maintain the production cut.

Posted by Friendship > 2020-06-19 16:30 | Report Abuse

KNM not suitable for contra players. Contra sure lose money

Posted by williamtkb > 2020-06-19 16:32 | Report Abuse

Yahoo... Crude Oil USD40. knm not moving. hibiscs very strong support to move 70cents

Posted by williamtkb > 2020-06-19 16:40 | Report Abuse

yahoo got more @245

Posted by wjc4195 > 2020-06-19 16:40 | Report Abuse

WTF

Posted by williamtkb > 2020-06-19 16:57 | Report Abuse

They need more tickets lower... Press down like glove series yesterday. I think they smell Crude Oil will drop on Monday. That's why selling only for whole day

Posted by maxprofit2020 > 2020-06-19 16:57 | Report Abuse

this is the fifth quarter KNM announced good QR but next working day not flying.

it may consolidate between SMA 200 (0.29) & SMA 50 (0.19) for time-being until SMA 50 cross above SMA 200.

KNM mainly surge based on constant news for new project award, instead of good QR.

Posted by ukiya21 > 2020-06-19 17:01 | Report Abuse

Looks like QR result is not important anymore.. next round can start throw 1st.. then collect back at lower price

Posted by Jack Y > 2020-06-19 17:16 | Report Abuse

yeah......need to throat le..

Posted by Mabel > 2020-06-19 18:59 | Report Abuse

Noted and thanks for the update Max !

You are real Darling...

Meow..

Posted by Mabel > 2020-06-19 19:01 | Report Abuse

Since early this week, the operator is blocking at 0.245....

Will continue to wait....

0.30 looks like a good price to lock profits...

Meow

Posted by mf > 2020-06-19 19:02 | Report Abuse

Oil rises above US$42 as OPEC+ laggards say to make more cuts
Alex Lawler
/
Reuters

June 19, 2020 17:51 pm +08

Posted by Godofgambler > 2020-06-19 19:11 | Report Abuse

Monday sure up till high....

Posted by Trapps > 2020-06-19 19:11 | Report Abuse

@godofgambler, how u know?

Posted by mf > 2020-06-19 19:14 | Report Abuse

Oil rises above US$42 as OPEC+ laggards say to make more cuts

http://www.theedgemarkets.com/article/oil-rises-above-us42-opec-laggards-say-make-more-cuts

Posted by Jack Y > 2020-06-19 19:52 | Report Abuse

Hahahaha

Posted by pfsurewin > 2020-06-19 19:59 | Report Abuse

bor standard punya operator...i will wait....operator push i will make - operator no push i will wait... - better pray that crude oil no up la...

Posted by Jason85 > 2020-06-19 20:05 | Report Abuse

Next week no up many people will throw away this KNM liao haha

Posted by pfsurewin > 2020-06-19 20:17 | Report Abuse

if monday down i short -- monday up i make --- both way i win...as long ticket still intact...

Posted by 500Bilis > 2020-06-19 20:20 | Report Abuse

How u short on Monday?