KNM GROUP BHD
KLSE (MYR): KNM (7164)
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Last Price
0.07
Today's Change
-0.005 (6.67%)
Day's Change
0.07 - 0.075
Trading Volume
5,508,600
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72 people like this. Showing 50 of 58,953 comments
When Borsig is listed, MAA may offset its costs by receiving Borsig shares as a bonus issue.
1 month ago
There's no good news on the Borsig listing so we have to assume it didn't materialize for some reason. Nevertheless the senior staff at KNM seem to be very upbeat lately. And their boss is accumulating more shares. Something must be brewing quietly. I was told they are working hard to get off PN17 and there is some light at the end of the tunnel. It's getting a bit mysterious. They didn't say more. Maybe this time they want to keep things under wraps first? Let's hope they give us some good news. Can't wait...
1 month ago
Bro sgx6138, have you really been in contact with at least some employees in knm, or it's just hearsay....
Boss has stopped but begin buying again knm shares recently. Perhaps he is more confident now and somethings has been cleared up.
anyways the clock is ticking to october
1 month ago
aiya, why choose Singapore. Now Bursa is the hottest platform in SEA. New IPO can get 100% in debut.
1 month ago
Maybe anwar is calling him back to bursa …… hahahahaha….
Or maybe Malaysia government will help knm in the end …
1 month ago
coolinvestor
I contacted some senior staff earlier before their EGM. I still keep in touch with them. Last time they give me lot of information but lately they also didn't say anything about listing Borsig. So I have to assume the project didn't go through. But they remain confident KNM will get a breakthrough soon. No details yet. I will update once I got some news.
A lot of people are scared about MCMC new Act. Personally, I believe it has something to do with politics, like silencing the opposition.
1 month ago
Knm 7 cents
Possible capital consolidate 10 to 1 or 20 to 1.After tht right issue along the way.
7/8/24 11.46am
7/8/24 11.46pm
1 month ago
Wow, Tengku and his MAA keep on accumulating KNM shares. Any good news.....brothers and sisters. Just for a laugh....looks like they are taking KNM private....
1 month ago
Orson,
Unconfirmed good news. Yes, they are selling at good price which will generate huge cash and improve cash flow. They will not take KNM private but lift it out of PN17. But still waiting confirmation. As we can see, MAA and KNM seem very optimistic. We are holding our breath and waiting to confirm.
1 month ago
@ SGX6138....i was just kidding to say KNM would go Private. If it should go private it is no good for existing shareholders. If the price is high by going Private it will be a big welcome but if the Privatization price is low then it will be a bad news for the existing shareholders.bWhen Tengku and his MAA gang keep on buying up KNM shares....i am quite worried that this will happen. Hopefully not because it is not a healthy thing to do for existing shareholders....
1 month ago
If the value of Borsig can be of PE:25, in Bursa, KNM can load most of the debt to Borsig and free herself from heavy interest.
2 weeks ago
Any idea in which direction the process will go? Japanese company still interested in buying BORSIG? And do you think that Oct 2024 will be the final extension point?
2 weeks ago
Tim1231, dun get too serious on news that Japanese company interested in buying Borsig. Big probability only a wayang.
2 weeks ago
Only boduh people think it's all a so called wayang.
Especially when the boss owns almost 20% of knm now.
U can't cure stupeeedity with medicine.lol
1 week ago
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1 week ago
Oooo vhydro sore loser ka. Lose lots of money in knm and others?
Work harder at your job la. Instead of just talking kok in here.
Hehe
1 week ago
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coolinvestor
Hoping is just wishful thinking and wishing money just fall from the sky.
They have plenty of time to plan and go thru things. Since 2022!
They can at least sell off Thai factory and UK assets to raise cash but noooooo......
Any other business in losses would have already done that.
They gave me the impression that the tidak apa attitude is in the whole management....kinda useless if you think about it.
1 month ago