KNUSFOR (5035) Overview - KNUSFORD BHD

High tight flag about to breakout on the UPSIDE!🤗

2024-02-25 08:41

Count down...

2024-02-27 12:43

GOOD RESULT

2024-02-27 21:20

Albukhary, I think we met in BPlant and MMC. We have same taste same views lol, gluck with Knusford another round

2024-02-28 13:43

ekovest construction making good profit which the profit wil be transferring to Knusford soon upon merger!

2024-02-29 12:26

Yes Knusford will takeover Ekovest's most profitable business while Ekovest carries the baby with finance cost exceeding revenue 😱

2024-02-29 12:41

the construction profit will be indirectly recorded in Ekovest book also through its subsidiary Knusford lo

2024-02-29 15:03

Yes but the point is what if Ekovest continues to bleed in highway operations but profit from construction? Since buying Ekovest is buying all of its business including durians. Knusford will be pure play.

Problem is we dont know what's the whole gameplan...Ekovest will own too much of Knusford, what's their next move

2024-03-01 14:25

@Knusford can you proceed with the share split first, we want some trading opportunities hello

2024-03-07 14:06

Anyone here still in Knusford? or all jump to another boat d?
I am still sitting on the boat, very lonely leh.
I alone pushing the boat, very heavy and very tired, still in the dark tunnel, cannot see any light yet...
Need more supporter come to join me push together... I believe sure got light at the end of tunnel.

2024-03-22 13:18

As recent as yesterday, I added another 75 lots. 50k @ 0.850 and 25k @ 0.865, I think. Lazy to check back. I will add add add until they proceed, OR call off the exercise..........

2024-03-22 14:47

Good to know that UncleFollower is on the same boat.
Me also, whenever I have bullet, or I take profit on other share, I will buy some Knusford.
Not dare to go in big, just slowly slowly collect whenever I saw it drop.
But once the share split is officially announce, I think I might be go in big, even though at limit up price (i.e. any price below RM1.20), because I believe minimum this counter is worth RM1.50 and above (30% discount to its current NTA)

2024-03-26 15:24

Today support Knusford again.
But selling force is still very high, my buy queue easily fill up by the seller.
Need to wait for other counter take profit then can come here buy again.

2024-03-27 14:18

KNUSFORD BERHAD ("KNUSFORD" OR THE "COMPANY") PROPOSED DISPOSAL BY KNUSFORD OF A FREEHOLD LAND TOGETHER WITH THE BUILDINGS ERECTED THEREON HELD UNDER HSD 51799, PT 43447, MUKIM AND DISTRICT OF KLANG, SELANGOR WITH A PROVISIONAL LAND AREA OF 25,625.48 SQUARE METRES BEARING POSTAL ADDRESS OF NO. 8, JALAN KECAPI 33/2, TAMAN PERINDUSTRIAN ELITE, SEKSYEN 33, 40350 SHAH ALAM, SELANGOR DARUL EHSAN TO EMERALD PLAN SDN BHD FOR A CASH CONSIDERATION OF RM28.0 MILLION

2024-03-27 18:43

This proposal shows the plan is still on. They're clearing up for the merger. At today's price Knusford is RM81M only. Land sale is 28M and around 15M was it net of debts. Faint.

2024-04-01 18:14

Yup, must have faith on Knusford.
NTA will be RM2.40 after the disposal of land.
Actually RM28mil for this land is below market price, with the same size of land at that industry area, market price should at least worth RM40-50mil. However, after I have visit to the land, I saw that the land is very near to river, and big portion of the land is undevelop. It mean, if buyer want to build factory / warehouse on the land, many earthwork need to be done, coz need a lot of cost to fill up the soil (minimum 3 feet), and the risk is also very high, coz too near to river, you donno when will floor, so maybe 1/4 of the land is not useable, coz they must maintain a distance of 25feet or 30 feet from the river.
Conclusion, although 28mil is very low price, but no choice coz the land have its own problem.

2024-04-02 12:31

speakup

mana lebih bagus - ekovest or knusford? some say ekovest. some say knusford. mana?

2024-04-02 21:29

hhhiii123

Patient game, hehe

2024-04-09 18:54

Today manage to collect some..
Sayang bullet tak cukup banyak.

2024-04-16 11:51

Speakup, why not have both?

2 months ago

speakup

Coz money don't grow on trees

2 months ago

this tree will print money bro

2 months ago

Looking at what's happening at Ekovest, I think they will have no shame in delaying the proposal for another 3 motnhs come end-May, and another 3 months indefinitely is all possible...Playing with LKH we must be very patient

2 months ago

Johor theme, and the one counter that has TMJ's direct ownership is valued at 80M. What??? 😅

2 months ago

You got the points... actually Johor theme should not delay anymore as restructuring taking time...

2 months ago

Believe3222

tidur?

2 months ago

speakup

Botak must hire Goreng King Victor Chin of Mmag

2 months ago

Even there is only very little hope that the Merger & Acquisition proposal will have any update soon, but I still praying and hoping that Knusford can give us a surprise.
Everyday I am clicking on Bursa Announcement, hoping Knusford can have an announcement of Bonus Issue, Share Split, Trading Halt, Merger & Acquisition...

Please... Give me a 3:1 Bonus issue announcement.

2 months ago

We refer to the announcements dated 19 August 2016, 21 September 2016, 2 November 2016, 8 November 2016, 18 November 2016, 22 December 2016, 19 January 2017, 24 January 2017 and 13 February 2017 in relation to the Disposal (“Announcements”). Unless otherwise defined, all expressions used in this announcement shall carry the same meaning as defined in the Announcements.

The Company wishes to announce that it has obtained approval of EPF for an extension of one (1) year with an automatic extension for another one (1) year for the Extended Exit Date under the Shareholders’ Agreement to 12 February 2026 (“Extension”) to facilitate and implement exit plan for EPF and the Company.

For information, the Company and EPF are evaluating various viable options together to implement the Exit Event or any alternative plan in the best interests of the Parties.

The Company will make the requisite announcement if there is any material development on the above.

2 months ago

Just jabbing you @Albukhary 🤣

2 months ago

Don't fret, this counter is like that

It's too small and illiquid there are no players in it

It's also TMJ's company no one dare to play play

Therefore it will not move ahead of announcements

Therefore there is no leakage of insider news other than what is already announced

When the time comes it will just gap up on low volume - this has been seen many times in counters of this type

So no worries bros

1 month ago

Since no one comment I will post it here for records lol

Reference is made to the Company’s announcement dated 27 October 2023 in relation to the execution of a binding heads of merger agreement in relation to the proposed merger of the construction and construction-related businesses of Ekovest and Knusford via the proposed acquisition by Knusford of the entire equity interest in Ekovest Construction Sdn Bhd from Ekovest (“Proposed Knusford-ECSB Merger”) (“Announcement”). Unless otherwise stated, all terms used herein shall have the same meaning as defined in the Announcement.

The Company wishes to announce that the Parties have mutually agreed for an extension of 2 months commencing from 28 May 2024 to 27 July 2024, to grant more time for the Parties to assess, evaluate and deliberate the Proposed Knusford-ECSB Merger in detail and to discuss and negotiate on the terms of the Definitive Agreement between the Parties.

This announcement is dated 27 May 2024.

1 month ago

Hi @UncleFollower, I think good news will be coming soon.

1 month ago

Hi @Albukhary I fully agree

1 month ago

Next month will limit up lo..

1 month ago

Don't miss the boat guys

1 month ago

Already fully load, seat belt fasten, anytime I am ready to depart.

1 month ago

Yawn

1 month ago

If TMJ can be patient for a decade, so can we 😃

3 weeks ago

Bought more Knusford @ 75c. If patience is an Olympic sport, I would win a gold medal!

1 week ago

RM1 soon

1 week ago

Knusford is like Naim few weeks ago: 81c & no one wants...now the latter already DOUBLED! Only a matter of time for the former to emulate it!🤗

1 week ago

I'll keep Q-ing in the 70s, if any desperado [ including that foolish old woman who SOLD Tenaga @ $10.00 just to jump in @ 90c in January when I mentioned this stock to her] wants to sell, pls sell to me! My shareholding here is still below my peak holding in Naim so there's room to ⏫

Someone here pls do the !diots Q-ing to sell 64,800 shares between 83c & 92c a favour & sapu them all up b4 this baby breaks $1 which will be soon!

5 days ago

limit up once the share split is approved!

4 days ago

Time...to...reach...Stop(Limit)...HIGH(UPPPP)!!!

3 days ago

One more week will know whether can limit up 3 times.

3 days ago

Today after close is the best time to announce. Or next Friday. And of coz...if no announcement they can always extend another 2 months in LKH style haihz

3 days ago

Relatively big blocks of buyers for such a small free-float co., Q-ing in the low 80s since morning. Some !diot threw down to 84c but new buyers show up...Starbucks/Zus Coffees brewing 😉

Many in Naim thought I was shouting 'Wolf!' for many months & didn't buy a single share...if they had & still holding, they would have DOUBLED their $ in less than a year!

3 days ago