Meanwhile, a longer-term timeline of six to 12 months has been set for the proposed initial public offering of Borsig Group — its largest income contributor — “at a suitable stock exchange”.

https://www.theedgemarkets.com/article/knm-proposes-assets-disposal-listing-german-unit-boost-financial-position?type=malaysia

Abang besar kutip banyak sudah…

https://www.klsescreener.com/v2/announcements/view/3476243

Perhaps the reason why MAA put in Ahrens, their own technical party to review performing and non performing assets and advise the CEO and Chairman on what are the prospects.

2 things must go - Ethanol plant and UK power plant. Waste time and money.

hahaha legend... Tunggu dan lihatlah..

IntaiRezeki senyum memanjang jer… masuk 19.5, minum kopi, 21.5.. padu sungguh member ni.

Hahaha. Kalau kahwin elok-elok memang kena tunggu 9 bulan kalau ada rezeki. Nampak nya kena belajar tanam blackthorn dari abang Rezeki.

With the new Chairman, curious to see what's to become of UK power plant and Thailand Ethanol plant. He has made his view clear.

@intaiRezeki, paham-paham lah sapa yang senyum memanjang

He was serious indeed

“Usually, yes [MAA would like to have board representation], so I’m hoping the existing board will be agreeable for us to have some [board] reps there. If they say no, we shall ask the shareholders to decide [at an EGM],” Yaacob says, showing MAA’s seriousness in the foray.

https://www.theedgemarkets.com/article/knm-%E2%80%94-new-chapter-or-asset-stripping

https://www.klsescreener.com/v2/announcements/view/3449745

Wah, Abang Yaacob pun sudah turun padang.

https://www.theedgemarkets.com/article/ishak-ismail-mulling-over-stake-knm

Haha…

Getaran Jiwa Melanda Hatiku. Kita hold lah ikut abang Yaacob dan abang Rezeki.

Don't contra guys. This counter is very brutal. Tiada belas kasihan. And once you're in, it's like Hotel California - you can check out anytime you like but you can never leave...

Wah today really big show. Big dump. Ini bukan wayang kulit ni, ini Matrix Resurrection in iMax.

Wow wayang kulit getting more intense. Dropping to 21.5 today.

@intaiREZEKI, KNM merajuk you komen takda volume. Terus dump 22sen and beli balik. Terus naik top 12. Hehehe

Blackthorn Ada Musim dia bro. Kalau jolok rugi, buah rosak, tauke rugi, customer lari.

Ah… buah durian ada bunga

KNM Group Berhad (“KNM”) is pleased to announce that its indirect wholly-owned subsidiary, FBM Hudson Italiana SpA (“FBM”), has on 22 October 2021 accepted a Purchase Order (“PO”) from Bechtel International, Inc. for the Supply of Air Cooled Heat Exchangers, amounting to approximately RM111 million (“Transaction”)

Ini kaunter banyak manja. Cepat merajuk

Not surprised if it is brought down to 21cents next week for collection and at the same time to flush out contra. When big brother Yaacob collect, we collect. We can wait.

Good advise Friendship. We go into goats cage, we bleat, we go into a tigers den, we roar

Ok. Hari ni dah tambah. Set que untuk esok pun sudah.

intaiREZEKI PenghuluGia > Jom esok kita tambah lg...

Steady Abang Rezeki

Abang Yaacob beli atas 24sen semalam.. kita adjust bawah abang besar

Intai Rezeki, nampak gaya kena tambah lagi ni.. jiwa kena kental. Beli simpan, trading jangan.

Looks like it will go further down.

Looks like going to 11.5cents. Everytime finish selling drop 2 cents. Abnormal movement

For those who haven’t read the article, you can buy a digital copy, date 13/09/21

https://digital.theedgemalaysia.com/theedgemediagroup/newsstand/title/tem

Pakcik terkejut tengok list shared by chatplusone. KWP pun tambah nasik kat KNM. Petroliam Nasional pun ada..

I follow lah.

Another option they are looking at is to monetize WTE and ethanol plant. They are looking at options.

Key take aways are:
- Brahmal amongst new holders
- MAA request for a rep in the boardroom
- selling BORSIG would not be the preferred way forward but an option if the price is right

Check out this weekend the Edge (Malaysia). KNM on the news and Yaacob (MAA) interviewed.

Old news but perhaps still got chance:

https://www.chemanager-online.com/en/news/knm-forms-jv-malay-petchem-projects

https://www.malaymail.com/news/malaysia/2020/07/02/cm-proposed-sarawak-petrochemical-hub-expected-to-create-74000-jobs/1880864

Pandemic hit us and most activity in Sarawak put on hold. Not sure the projects above already awarded or not.

Syukur bro. Memang Getaran Jiwa... Congratulations to you and all who made it.
-------------------------------
intaiREZEKI What a challenging day last Wednesday...early morning cun...I bought more at 0.31 and 0.305...suddenly aggressive selling...keep going down...managed to buy more at 0.27...once reached 0.255 I got panicked...semput nyawa...keyed in few to sell to cut loss....bertarung dengan jiwa to keep fighting...luckily I have half bought at 0.170...itu pembakar semangat.....cancelled my order...Thank God...

Hahaha.. memang semput last Wednesday. Biar jatuh kita tambah lagi. Simpan jangan Tak simpan. Yes, not surprise if Monday drop due to T3 for Wednesday panic buying to average down

Learn from Wednesday. Don’t buy to contra. Buy when you can hold. You never know when certain parties will dump to press the price down.

Sell WTE, sell Ethanol plant, reduce debts, give dividends.

In the spotlight this weekend

https://www.thestar.com.my/business/business-news/2021/09/04/spotlight-on-knm

So much selling at 12.5 ka? Macam sudah gibab.. dulu 14cents makan KFC. sekarang makan maggie. Semua naik except Sapura.. takpa. Dongibap, kipidap.

https://www.thestar.com.my/news/nation/2021/09/02/nrp-melaka-moves-to-phase-two-negri-to-phase-three-from-sept-4-says-pm

Nice closing.

Hopefully tomorrow can order Maggie goreng ayam. Good pick up before closing.

Very encouraging movement. Looking forward to overtake Armada.

Banyak sedih la ini macam

Annei, tadi itu Maggie goreng tambah ayam cancel itu ayam ya. Maggie goreng saja.

Not bad. Will add some more.