KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.09

Today's Change

+0.005 (5.88%)

Day's Change

0.085 - 0.09

Trading Volume

1,321,900

Overview

Market Cap

364 Million

NOSH

4,046 Million

Avg Volume (4 weeks)

8,874,033

4 Weeks Range

0.085 - 0.10

4 Weeks Price Volatility (%)

33.33%

52 Weeks Range

0.045 - 0.18

52 Weeks Price Volatility (%)

33.33%

Previous Close

0.085

Open

0.085

Bid

0.085 x 56,374,100

Ask

0.09 x 11,338,000

Day's Range

0.085 - 0.09

Trading Volume

1,321,900

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2023 | 30-Nov-2023

Next QR | Est. Ann. Date

31-Dec-2023 | 23-Feb-2024

T4Q P/E | EY

-2.11 | -47.40%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.19 | 0.47

T4Q NP Margin | ROE

-23.45% | -22.34%

Company Profile

Sector: ENERGY

Sector: ENERGY

Subsector: OTHER ENERGY RESOURCES

Subsector: OTHER ENERGY RESOURCES

Description:

Knm Group Bhd is a Malaysia-based company offering project management, engineering, manufacturing, and construction services for the renewable energy, power, utilities, refining and petrochemical industries. The company manufactures customized process equipment and modular systems under the brands of KNM, BORSIG and FBM Hudson. It also develops engineering, procurement, construction, commissioning and integrated solutions for the downstream oil, gas and petrochemical plants, renewable energy, infrastructures, and buildings sectors. It also provides support services such as repairs, modification, maintenance, assembly, and spare parts supply. Knm operates its business through three geographical segments Asia and Oceania, Europe, through which it generates significant revenues and America.

Discussions
72 people like this. Showing 50 of 58,708 comments

Medusa

Mafia Scammer is making move

Limit down

Kikiki…

PETALING JAYA: Bukit Aman’s commercial crime investigation department has denied that it raided the offices of oil and gas engineering company KNM Group Bhd.

Its director, Ramli Yoosuf, said they had only gone over to the company’s premises to collect documents on Wednesday.

“We went there only to collect documents for our investigation. No one was arrested,” he told FMT.

However, he did not give details of the investigation they are carrying out.


Ramli’s denial follows claims circulating on WhatsApp that the CCID had raided KNM’s offices.

According to these claims, the police had seized “many documents pertaining to KNM”.

The company, which was recently embroiled in a boardroom battle, was classified as a PN17 company on Oct 31 last year and was required to submit its regularisation plan to the regulatory authorities within a year.

On Oct 30, it sought a one-year extension from Bursa Malaysia Securities.

2 months ago

Adagold

I thought if they don't disturb the team they can carry out their work to solve KNM problems. Adoi everytime kacau2 how to work?

2 months ago

MacDee34

It seems the wheels of justice are finaly turning. Now the authorities are seizing documents for an investigation. Must be about that phony guarantee that Tunku Yaacob gave to FBM in the whistleblower report.

https://focusmalaysia.my/bukit-aman-cops-raid-knms-cosec-and-registrar-offices-seize-biz-documents/

2 months ago

OtisKL

Hiya everyone, what's new? Been away "overseas" for funeral rites, just got home.

@MacDee34, long time no see. Hope you are in the best of health. Thanks for sharing the article. Reading in the Star Online this morning, the police denied it was a raid wor.... well, if a report of any issue is lodged, it's the police's SOP to investigate, they are doing their duty, as I see it, moreover for any public-listed company, as it's in the interests of the public anyway.

2 months ago

OtisKL

While you were gone @MacDee34, a lot of good things happened, and KNM got their RO. However, it's still showing reds in their recently released quarterly report, although narrowed the gaps.

2 months ago

OtisKL

In fact, a better story for today, the Federal Court repealed Act 498 of the Penal Code, saying that "it's criminal to entice a married woman." The Federal Court said that is somewhat implying that the woman is the Husband's possession, macam slavery lar.

https://focusmalaysia.my/federal-court-declares-section-498-unconstitutional-in-landmark-ruling/

2 months ago

MacDee34

Raid or no raid lah.. it is not the beach club. The point is an investigation is confirmed about all the never ending hanky panky of Tunku Yaacob and his incompetent management. It never ends. Can't even do an honest EGM.

2 months ago

OtisKL

@MacDee34, aah, okay, I see what you mean. Well, this company has a long way to recovery, hope it becomes a win-win situation for all.

Have you following up on Sapura Energy? It's another PN17 O&G company similar to KNM. SE has over RM10b debts, on the road to recovery, fell into PN17 one year earlier. But SE journey pretty smooth, recently they had a white Knight rescuing it.

2 months ago

Auntylee

@MacDee34
Cantonese said
“解释就是掩饰”🤫

2 months ago

batigoal

any news ??

2 months ago

Dehcomic01

From a ROE vs share price trend perspective as per the chart below, you can see that while KMN ROE had improved recently, the share price did not have a corresponding movement. https://i.postimg.cc/m27CSYP9/KNM.png

You should not be surprised as KNM had not been profitable for many years. The current ROE is moving from a bigger loss to a lower loss ie negative 46 % ROE to a negative 14 % ROE.
There are better Bursa companies in the Bursa sector to look at. Are there opportunities in the Bursa Energy Services sector? https://www.youtube.com/watch?v=YrMdgjFHHaU

2 months ago

11395861

0.07 cent boleh masuk

2 months ago

Vhydro

0.01 cent boleh masuk

2 months ago

Strategist Invest Lam

KNM Group Berhad as a reputable and responsible company

Further reveal the latest progress of many of its corporate activities. In addition to continuing to cash out assets to reduce the company's debt burden, the listing plan of Borsig, a wholly-owned subsidiary, has also made significant progress. The company is currently negotiating with potential subscribers for the initial purchase price.

With the sale of FBM Group and Thai assets one after another, Cohenma will regain sustainable profits with the assistance of Borsig Group; Borsig Group will implement a dividend policy after listing, and at least 75% of the net profit will be used for dividends every year.

The company emphasises that the main creditors are very supportive of the current management, and the company will continue to actively discuss the restructuring plan with investment banks.

2 months ago

neemdom

Few years ago use to follow mr.sardine in knm forum.donot know whether he still holding knm.he said he sold his house to invest in knm

2 months ago

Medusa

Only c2pid will believe ppl sell house to buy stock

Follow medusa buy low sell high

Follow sardin buy high sell low

Kikiki…

1 month ago

MrMojo

Bought truckloads of knm.
No risk no gain

1 month ago

MrMojo

After much looking at how TY die die also must survive...i think its ok

1 month ago

MrMojo

Imagine putting 90+ mil of your own money.
Plus abu bekirs 30+ mil and u know yours n thiers interests align

1 month ago

OtisKL

Hiya everyone! Hope all is well. Looks like the price isn't going down below 9sen, which is a good sign to hold at this level until now. If only its subsidiary, KNM Process Services is injected into Borsig upon listing into SGX to push up its speed to have its presence in Malaysia and Asia generally, it will be very synergistic to KNM as a group.

1 month ago

MrMojo

What happened to german sausage?
Cant believe he didn't do anything these few months. So quiet.
And he cant have ran away.

1 month ago

MrMojo

Dream on lol

1 month ago

MrMojo

Hmm why does ppl like to delete their statements?
They must be cheaters n liars. Body got shxt hehe

1 month ago

MrMojo

I am curious mana german sausage? Perhaps a unity board can help speed things along eh

1 month ago

newbie9893

macam nak gerak gerak..buy now before it shoot up

1 month ago

Eman123

coming...

1 month ago

Bullkobear

is warming up again!

1 month ago

Dav Yau

Why no news on borsig listing in Singapore...

1 month ago

Dav Yau

If no listing, sayonara...loh

1 month ago

NorAfan

tangguh ke bulan Jun-July?

1 month ago

NorAfan

haha. Dari wawasan 2020 ke wawasan 2030 😆

1 month ago

Strategist Invest Lam

Good jobs done :

KNM Group Bhd has received the greenlight from Bursa Malaysia Securities Bhd for a six month extension to submit its financial regularisation plan to exit its Practice Note 17 (PN17) status

3 weeks ago

RedEmperor

So how much did Tunku pay for his latest off market purchase of 91Million shares? @16.52Cent/per share?

2 weeks ago

ocbc

SG listing coming after CNY, that is why he is loading

2 weeks ago

Dav Yau

Actually he is not loading...he is only averaging from RM 0.22 and 0.95 or RM 0.10

2 weeks ago

Dav Yau

That is why Tengku shares is now RM 0.165 after averaging...

2 weeks ago

Dawneagle

@Dav Yu
Your info is wrong. He purchased 91million shares at 0.165 - off market deal.

2 weeks ago

izoklse

very interesting TY keep on buying

2 weeks ago

MacDee34

TY forced MAA to buy 91 million KNM shares at double the market price with an immediate loss of RM 7,280,000 because TY made a personal deal with his friend to help him win the KNM EGM? How can the MAA shareholders absorb a loss like this without shareholder approval? I thought this was a public company. Can we hold the Board personally liable for this loss? how can Bursa allow this? Where is the SC?

T. YAACOB VIA MAA PURCHASE OF 2.25% STAKE IN KNM ON 8.02.2024

Ref. is made to the 2.25% KNM stake purchase at double market price by T. Yaacob, equivalent to 91,000,000 KNM shares.

This off-market deal at 0.165sen/share follows the announced intention to deal within a closed period (announced on 6.02.2024) and was made on 8.02.2024 with MAA Berhad (TY) increasing its stake in KNM at the same price paid in October 2023 by Datuk Seri Mahmood Taib, who entered as significant shareholder with a 5.06% stake, later reduced below the threshold amount of 5%. T. Yaacob was committed to buying back all of DS Mahmood shares at the same price paid by the latter. This deal represents for MAA a loss of 0.080 per share [0.165sen less 0.085sen].

2 weeks ago

Dawneagle

@macdee34
All is fair in love and war.

2 weeks ago

Dav Yau

Will Tengku do a runner...???

1 week ago

theboss9009

pung pang pung pang still at 8.5 sen adoiiii

1 week ago

ocbc

TY/MAA wants better control since Borsig to be listed in SGX likely this year.

1 week ago

KW L

Few years ago they said to list FBM Hudson but then what had happened? Nothing.

1 week ago

Orson Chin

all talk talk only ……. Where got go listed …. Can I search any information from sg there ?

1 week ago

Woodswater

KNM Bhd received binding and irrevocable offers to acquire the entire stake in its Italian unit FBM Hudson Italiana SpA for a total amount of 16.5 million euros (approximately RM84.99 million). The potential purchasers are Milan-based BM Carpenterie Oil & Gas SRL, which is offering to acquire 60% of the stake in FBM Hudson for 9.9 million euros, and Verona-based Officine Piccoli SpA, which seeks to acquire the remaining 40% stake for 6.6 million euros. The offers came after the Italian government had in November 2023 rejected the proposed disposal by KNM Bhd’s wholly-owned subsidiary KNM Europa BV of its entire stake in FBM Hudson to the United Arab Emirates' Petro MAT FZCO. Notably, the new offers would value FBM Hudson lower than Petro MAT's previous offer of 22 million euros. KNM receives new offer to acquire Italian unit for 16.5 mil euros

1 week ago

ocbc

listing of borsig coming nearer

2 days ago

Dav Yau

@acbc....are you sure....no news at all

2 days ago

Auntylee

https://theedgemalaysia.com/node/702197
CEO dpt gaji, guli X ada gaji

1 day ago

Auntylee

KNM takes out RM2.1m loan from major shareholder MAA to pay CEO’s salary

20 hours ago

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