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2020-09-02 22:14 | Report Abuse
Same old story. If I were you I would be embarrassed. Year after year bluffing the public about BORSIG. If BORSIG were so fantastic please enlighten me why share price is on a constant decline?
Is it because of IDSS? Or weak hands from i3 forum?
2020-09-02 18:00 | Report Abuse
One has to wonder the merit of all your claims. Instead of barking whenever someone disagrees with you, why don't you use your voting rights (since another one of your claims is that you own >5% of KNM) and put and end to the management's undeserving self enrichment plans?
2020-09-02 17:56 | Report Abuse
People question your sources and you use facebook pictures to justify your claim of impress ethanol running at full capacity... I am baffled that you consider this a reliable source of information to back up your claims.
2020-09-02 17:53 | Report Abuse
It will not turn into a kampung company as long as Lee Swee Eng does not get involved in day to day operations.
But has BORSIG grown since its acquisition in 2008? First you mention 1500M revenue is easily achievable now you reduce that figure to 1000M. Since 2008 until now, why has revenue for borsig not increased even 5% YOY?
Only someone as unscrupulous as you can lie to the public about the 'treasure trove of old blueprints' and use this as an excuse for the poor performance over the past decade.
All I can say is that Lee Swee Eng is fortunate that he received financing in 2008 for the acquisition of BORSIG. Lastly, none of this justifies your unreasonable TP of RM3.00.
2020-09-02 17:36 | Report Abuse
My criticism is justified since I don't want new investors to be brainwashed by uninformed individuals.
How is revenue and profitability growing? Check historical data. The company has not grown at all.
Good that you admit the company is tainted by the management's past and present unlawful acts for self enrichment.
2020-09-02 16:49 | Report Abuse
Why are you wasting your time on the forum trying to convince everyone about how fantastic BORSIG, IMPRESS ETHANOL and other KNM companies are? You should know most people here are not big fish and unable to cause significant price movements. Yet, you still claim weak hands cause the share price to fall, along with IDSS.
Please do not share anymore of your fake news. When KNM has high trade volume, newbies will check the forum. If they see your lies, they will be trapped with this failing company.
2020-09-02 16:41 | Report Abuse
Sardin why delete your comment? Please copy paste for everyone to see your claims and credibility. 1500M without awakening BORSIG?
KNM acquired BORSIG in 2008. Since then, revenue remained stagnant. If kampung company buys world class BORSIG, it will turn into a kampung asset regardless.
2020-09-02 16:29 | Report Abuse
170 million shares transacted today and the stock is unable to move half a sen. This should give you an idea of how little confidence/interest the general public and even operator has in this company. Nobody wants to hold this sinking ship, so they will trade for the mere 2% intraday profit.
The excuse sardin used to bark day and night about was IDSS and about 'weak hands'. Do you see any difference since the suspension of IDSS?
2020-09-02 15:31 | Report Abuse
His trend is predictable. When KNM move a little bit (above 6%) he will come out and make noise.
Same stories repeated: Impress ethanol ubi kayu feed, BORSIG world class engineering. If any of you read the QR, you will understand this company is headed no where.
There are only 2 explanations. The first, is that sardin is a reference to his brain size.
The second, is that this imbecile is complicit in Lee Swee Eng's unlawful activities.
Don't need to listen to his bright and colourful stories anymore. His claims are all based on rumours and heresay, not by evidence. This intelligent guy uses facebook images to back his claim that impress ethanol is fully functional and profitable.
New investors should be very weary and consider the following:
1. Revenue growth
2. Profitability
3. CEO vision/credibility
4. Moat
KNM is lacking in all. Invest your money elsewhere.
2020-09-02 15:07 | Report Abuse
Friendship why not you buy now? Since you have such strong conviction. Put your money where your mouth is.
2020-09-02 14:57 | Report Abuse
As I said - feel free to wait. While you wait inflation is happening, entire stock market will fly while KNM remain between 20-26 sen range.
2020-09-02 14:49 | Report Abuse
Did I say dump your shares? I am stating facts. Close one eye, pick any stock and you will succeed in this bull market. Why KNM so heavy and cannot move even when others in the same industry are flying? Why listed on most active but share price not moving?
No need your KNM shares you can keep it. I am here to warn new investors of this fraudulent company, its conman CEO (who mysteriously 'retired' when in actual fact is a felon) and to inform them that there are better opportunities out there.
I use Armada as an example because these two move together through ups and downs.
You can remain delusional and hold your shares.
2020-09-02 12:36 | Report Abuse
Investors should look at
1. Company growth - revenue is declining
2. Profitability - erratic and considered low compared to those in the same industry
3. CEO - conman, felon convicted of insider trading, still has the nerve to issue ESOS at 1/2 trading price
Why invest in such a company? This is purely a gambling stock. Sad to say that the odds are heavily against you if you decide to go long on this counter.
2020-09-02 10:52 | Report Abuse
Armada has Ananda Krishnan.
KNM has: Lee Swee Eng (conman, felon), Tan Koon Ping (monkey), Sardin69 (dog that barks everytime KNM goes up 4-6% then disappears when it retreats the day after).
2020-09-02 10:18 | Report Abuse
Compare it with Armada and other companies perceived to be similar.
You can see that KNM has always been shorted and heavily sold. Don't listen to all the idiots claiming TP3.00. There is absolutely nothing to justify even a TP of 0.40.
2020-09-02 10:03 | Report Abuse
KNM is a failing company led by a monkey (now CEO) and known fellon (Lee Swee Eng). Only a fool would support Lee Swee Eng. Unless there is a complete change in management, don't hold your breath in hopes for the stock price to go up. All shareholders should unite and prevent any further ESOS distribution to this crook.
"KNM Group Berhad’s (KNM) Director and CEO, Lee Swee Eng and his inlaw Director Chew Fook Sin who was both Directors of the former Indonesian KNM Subsidiary company PT. Heat Exchangers Indonesia (HEI) along with PT. KPE Industries (another KNM Subsidiary Company), were found guilty by the Supreme Court of Indonesia of Harming Creditors in an attempt to remove assets from a bankrupt company using dubious internally generated related party agreements and transactions. KNM has appealed this decision and lost in a Supreme Court ruling dated February 2016."
"On 29 April 2020, a civil action was initiated against Lee Swee Eng for an alleged breach of section 188(2) of the Capital Markets and Services Act 2007 (CMSA) in respect of the disposal of KNM Group Berhad shares by Lee Swee Eng."
2020-09-02 09:57 | Report Abuse
Buy and hold long term. Amazing Q performance.
Stock: [KNM]: KNM GROUP BHD
2020-09-02 22:22 | Report Abuse
Sardin81 you should be known as the king of excuses.
Share price go down:
1. IDSS
2. Weak hands
3. if BORSIG all out RM3 minimum
Let's compile a list of this monkey's excuses.