KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.07

Today's Change

+0.005 (7.69%)

Day's Change

0.065 - 0.07

Trading Volume

1,243,600


72 people like this.

59,021 comment(s). Last comment by sagaho123 6 hours ago

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-15 13:47 | Report Abuse

Just like HK people always scold F your mother.
You think he really wanna F your mother ka?
Is just a say.

Posted by Lightofheaven > 2021-09-15 13:51 | Report Abuse

Knm
This time betul2 knm lo

Posted by Lightofheaven > 2021-09-15 13:52 | Report Abuse

Wa pinjam ah long punya 50k macam mana pulang oh..knm lo

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-15 13:55 | Report Abuse

Just say less things..
We are in same boat..
KNM this few days performing very good despite red sea Bursa.
Just give KNM some time..

Jack Y

793 posts

Posted by Jack Y > 2021-09-15 14:00 | Report Abuse

Guys relax and bck to reality....... No point to prove who's did fault or what. As long as not create rumours here will do.

Posted by investortrader88 > 2021-09-15 14:08 | Report Abuse

We are the group of fighters in this forum .defending knm from spammers.consider as partners .not business ya .don't misunderstand guys

Posted by investortrader88 > 2021-09-15 14:15 | Report Abuse

I don't agree with sardine previously mentioned knm price went down because of idss.if not mistaken bursa suspended idss since early this year .sardine you just admit yr mistake.everyone make mistake in include me not hard feelings .

Posted by investortrader88 > 2021-09-15 14:25 | Report Abuse

bojed investortrader88: I still remember you! Yes, you're part of the 2019 brigade.

Some of these guys are relatively new here, they have no idea how we defended KNM's thread back then LOL!
15/09/2021 1:45 PM

Last time i call you sifu bojed ! Hahaha

bojed

5,064 posts

Posted by bojed > 2021-09-15 14:31 | Report Abuse

I'm a sifu who has been visiting Holland more times than I like hahaha!

-------------------------------------------------------------------------

investortrader88 bojed investortrader88: I still remember you! Yes, you're part of the 2019 brigade.

Some of these guys are relatively new here, they have no idea how we defended KNM's thread back then LOL!
15/09/2021 1:45 PM

Last time i call you sifu bojed ! Hahaha
15/09/2021 2:25 PM

Nch21396

17 posts

Posted by Nch21396 > 2021-09-15 14:50 | Report Abuse

Hello, stop talking cock in this forum !!!

Posted by investortrader88 > 2021-09-15 14:54 | Report Abuse

@ bojed.me even worst then go Holland.:):):)


bojed I'm a sifu who has been visiting Holland more times than I like hahaha!

-------------------------------------------------------------------------

investortrader88 bojed investortrader88: I still remember you! Yes, you're part of the 2019 brigade.

Some of these guys are relatively new here, they have no idea how we defended KNM's thread back then LOL!
15/09/2021 1:45 PM

Last time i call you sifu bojed ! Hahaha
15/09/2021 2:25 PM

Posted by BeeBearBear > 2021-09-15 17:43 | Report Abuse

sardin still around ? good lord, he and his obsession with Borsig, to be honest, i made a good profit here last time, some of you may remember me, i think bojed might as well, the thing is, sardin's obsession with Borsig, and his idss theories really made me roll my eyes to infinity, i am not saying he's bad, but he get carried away too much with that Borsig thing, and to make things worse, there was a scumbag by the name paktua annoying others around here, and that fella was a total douchebag, last i saw him getting screwed up in Bintai, hope he's gone for good

anyway,if you people want to invest, do your own research, don't simply believe what's being posted online, sometimes the syndicates use the opportunity to cause unnecessary panic in order to get tickets at a cheaper price

ocbc

1,166 posts

Posted by ocbc > 2021-09-15 18:34 | Report Abuse

World class company selling at lelong price now and see which group of investors able to control it... 4.9%× 4 will have almost 20% control of KNM which own 100% of Borsig ++ cheers!!

https://www.thestar.com.my/business/business-news/2008/03/04/knm-pays-cash-for-borsig#openShareModal

Posted by FactsN0tFiction > 2021-09-15 19:52 |

Post removed.Why?

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-15 21:56 | Report Abuse

All I know crude oil price is extremely high now

kuttyravi

192 posts

Posted by kuttyravi > 2021-09-15 22:03 | Report Abuse

almost 20% drop again ....wondering will this trend continue ....some say buying KNM like buying 4D rarely up but mostly down, down and down.....past 2 years its only for short term players ...slight up most traders sell ....then they buy again ...trend continues like this for so long,,,,,will this trend continue ??

Posted by bullmarket1628 > 2021-09-16 08:33 |

Post removed.Why?

MacDee34

243 posts

Posted by MacDee34 > 2021-09-16 08:41 | Report Abuse

@RedEmperor Macdee34 The Edge shows MAA is just the front man for the LSE family

Proof is in the Edge 13 september article. It is a very clear message to the shareholders. You don't think the Edge wrote this do you? It is paid propaganda. Pledging votes, private side deal for shares from LSE to MAA, overwhelming inside information about the company thrown in the public eyes to undermine company activities. MAA/LSE not control anything unless we let them. They don't have enough without another side deal fund raising event like the last one we stopped before they diluted us by 30%. The article is very clear, message received and understood. But, we shareholders have been fooled before. Not any more.

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-16 09:26 | Report Abuse

Give us the link la

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-16 09:27 | Report Abuse

I search 1 hour in the Edge and can't see.
Dam you

Posted by bullmarket1628 > 2021-09-16 09:48 | Report Abuse

MacDee34 , don’t simply accused anyone without the proof...
You know before got one case recently in a forum a person write an article and then he getting sue by a company...
So, please give the link to proof it !

Posted by bullmarket1628 > 2021-09-16 09:54 | Report Abuse

MAA Group emerges as KNM’s substantial shareholder
Sulhi Khalid/theedgemarkets.com
September 02, 2021 19:45 pm +08

KUALA LUMPUR (Sept 2): MAA Group Bhd has emerged as a substantial shareholder of KNM Group Bhd, after acquiring a 7.01% stake in the latter yesterday. 
In a Bursa Malaysia filing today, MAA said it bought the stake, comprising 233 million shares, in an open market transaction for RM52.89 million, or an average of 22.7 sen per share.
MAA said the purchase was made with internally generated funds and represented a good opportunity to buy at a low price relative to KNM’s net assets per share of 53 sen.

According to the group’s website, MAA is involved in general insurance in the Philippines, education services, hire purchase, leasing, SME debt factoring and other credit facilities, advisory and consultancy services of hotel management, operators of hotels, F&B, operators of short-term property accommodation, logistics and dispatch, as well as property management, design and renovation.
Meanwhile, KNM is mainly involved in project management, engineering, manufacturing and construction for the renewable energy, power, utilities, refining and petrochemical industries.
“The total number of issued shares of KNM is 3.32 billion units of shares as per KNM’s Bursa announcement dated Aug 19, 2021.
“The Investment was also based on good underlying prospects within the KNM Group subsidiaries, coupled with improved oil prices recently that will spur the industry outlook for the sector KNM operates in. 
“Based on KNM’s audited consolidated financial statements for the financial year ended Dec 31, 2020, the KNM group of companies recorded a profit after taxation of RM56.57 million and net assets of RM1.78 billion,” the filing said. 
Previously in June this year, MAA proposed to acquire a 57.78% stake in Turiya Bhd from Ithmaar Bank BSC for RM23.8 million, in a bid to extend a mandatory takeover offer on the machinery and chemicals manufacturer.
The group proposed to acquire 132.15 million Turiya shares from Ithmaar Bank at 18 sen per share. It also intends to maintain Turiya's listing status on Bursa Malaysia.
However, Empire Holdings Bhd, which is Turiya's largest shareholder, was granted an injunction by the High Court to restrain MAA Group from taking any further action in relation to the acquisition until further orders from the court.
Shares in MAA closed five sen or 0.70% higher to 72 sen today, giving it a market capitalisation of RM188.57 million. Since the beginning of the year, the stock has fallen by 5.26%.
Meanwhile, shares in KNM Group finished five sen or 1.79% lower to 28 sen, valuing the company at RM895.81 million. Year to date, the stock has risen by 25%. 

Edited by Lam Jian Wyn

MacDee34

243 posts

Posted by MacDee34 > 2021-09-16 09:54 | Report Abuse

Page 16 of the edge 13 September issue.

Posted by bullmarket1628 > 2021-09-16 09:56 | Report Abuse

Your statement: “The Edge shows MAA is just the front man for the LSE family”

Where the above article from The Edge got saying so ?

Jack Y

793 posts

Posted by Jack Y > 2021-09-16 10:04 | Report Abuse

bearbear also come back...... meowmeow has not back yet.....

Posted by Jonathan Keung > 2021-09-16 10:05 | Report Abuse

Please repost the Edge article. Can't find it date 13/9 ?

Posted by bullmarket1628 > 2021-09-16 10:11 | Report Abuse

Can’t download the file...
Can copy and paste the contents here ?

I wanted to see myself=>
“The Edge shows MAA is just the front man for the LSE family”

Jack Y

793 posts

Posted by Jack Y > 2021-09-16 10:12 | Report Abuse

cant find the article u mentioned.. maybe u post the link here?
so far i only found this
https://www.theedgemarkets.com/article/insider-moves-pertama-digital-bhd-kejurute%C2%ADraan-asastera-bhd-ea-technique-m-bhd-dnonce

RedEmperor

160 posts

Posted by RedEmperor > 2021-09-16 10:20 | Report Abuse

Thanks MacDee34 for posting the article. I have a good read but can't agree with your opinion. MAA simply says that LSE being another sizeable shareholder would surely want to throw his support for MAA to bring KNM forward.

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-16 10:34 | Report Abuse

Macdee you can read or understand English not?
They didn't say MAA is front man what stand for LSE.!!!
MAA just being respect polite saying good thing about LSE cos he is founder of KNM after all. It doesn't mean LSE is behind MAA!!!
Real dum dum.

Posted by PenghuluGia > 2021-09-16 10:34 | Report Abuse

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

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-16 10:35 | Report Abuse

Later you get sue letter from the Edge trying to twist their articles.

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-16 10:36 | Report Abuse

Anyway yacoob keep saying NaV is 53 sen =)

Jack Y

793 posts

Posted by Jack Y > 2021-09-16 10:46 | Report Abuse

found the article.. thank you.
ops.. MAA start buying since 0.18cent

Jack Y

793 posts

Posted by Jack Y > 2021-09-16 10:57 | Report Abuse

Agreed what Yacoob said..if money, just sells the UK project, have been dragging too long and low return..

Berlin

382 posts

Posted by Berlin > 2021-09-16 10:58 | Report Abuse

Article in the Edge 9/13 is titled 'KNM-a new chapter or asset stripping' by Adam Aziz. Nowhere is there any mention of MAAG fronting for LSE family. Anyone who knows MAAG's Tunku Yaacob can tell you he is a corporate player himself with a mixed record of success over two decades. Asset stripping, particularly hiving off Borsig, is therefore a strong possibility. Fronting for LSE family is definitely off.

Jack Y

793 posts

Posted by Jack Y > 2021-09-16 11:07 | Report Abuse

in the article he also mentioned KNM is talking to the german buyer... its mean KNM is going to sell the whole Borsig? Borsig is a jewel, after selling Borsig, what is knm values? hm........

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-16 11:11 | Report Abuse

Haiyaa..main point is ask German to invest KNM shares.... Use big diamond Borsig to seduce them.
If earn alot also can sell...
Sell then buy again....
with Borsig such a long KNM should learn a lot of experience from Borsig German.

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2021-09-16 11:26 |

Post removed.Why?

Posted by investortrader88 > 2021-09-16 11:29 | Report Abuse

Later I post something interesting

MacDee34

243 posts

Posted by MacDee34 > 2021-09-16 11:29 | Report Abuse

@godofgambler you can interpret the article how ever you like. From my perspective the message it is clear.

Posted by investortrader88 > 2021-09-16 11:38 | Report Abuse

Top 25 shareholders own 31.03% of Knm Group Berhad


MAA Group Berhad, Asset Management Arm
8%
Shares 266,001,800
Value MYR69.2m
Change % 0%
Portfolio % 77.37%
Last Reported 07 Sep 21

Inter Merger Sdn. Bhd.
3.2%
Shares 106,465,805
Value MYR27.7m
Change % -11.78%
Portfolio % 0%
Last Reported 01 Sep 21

Aveda Assets Capital Inc
1.8%
Shares 59,753,100
Value MYR15.5m
Change % 0%
Portfolio % 0%
Last Reported 01 Sep 21

Kumpulan Wang Persaraan
1.75%
Shares 58,120,800
Value MYR15.1m
Change % 644.57%
Portfolio % 0.03%
Last Reported 22 Apr 21

Cheow Har Ooi
1.74%
Shares 57,740,300
Value MYR15.0m
Change % -11.5%
Portfolio % 0%
Last Reported 22 Apr 21

Kenanga Investors Berhad
1.73%
Shares 57,427,500
Value MYR14.9m
Change % 16.28%
Portfolio % 0.59%
Last Reported 22 Apr 21

Norges Bank Investment Management
1.53%
Shares 50,898,470
Value MYR13.2m
Change % 0%
Portfolio % 0%
Last Reported 31 Dec 20

Tokio Marine Asset Management Co., Ltd.
1.52%
Shares 50,440,000
Value MYR13.1m
Change % -13.84%
Portfolio % 0.02%
Last Reported 22 Apr 21

Swee Lee
1.45%
Shares 48,232,652
Value MYR12.5m
Change % -50.92%
Portfolio % 0%
Last Reported 01 Sep 21

Siew Gan
1.42%
Shares 47,296,250
Value MYR12.3m
Change % -3.57%
Portfolio % 0%
Last Reported 01 Sep 21

Bank Julius Bär & Co Ltd., Asset Management Arm
1.02%
Shares 33,800,000
Value MYR8.8m
Change % 0%
Portfolio % 0.01%
Last Reported 22 Apr 21

LGT Capital Partners (FL) AG
0.81%
Shares 27,000,000
Value MYR7.0m
Change % 0%
Portfolio % 0.09%
Last Reported 22 Apr 21

Petroliam Nasional Berhad
0.66%
Shares 22,091,500
Value MYR5.7m
Change % 0%
Portfolio % 0%
Last Reported 22 Apr 21

Yoon Chee Wong
0.62%
Shares 20,550,000
Value MYR5.3m
Change % 0%
Portfolio % 0%
Last Reported 22 Apr 21

Soon Puay Er
0.47%
Shares 15,500,000
Value MYR4.0m
Change % 10.71%
Portfolio % 0%
Last Reported 22 Apr 21

Genting Utama Sdn Bhd
0.47%
Shares 15,500,000
Value MYR4.0m
Change % 47.62%
Portfolio % 0%
Last Reported 22 Apr 21

Gaik Eng Lim
0.39%
Shares 13,000,000
Value MYR3.4m
Change % 0.05%
Portfolio % 0%
Last Reported 22 Apr 21

Dimensional Fund Advisors L.P.
0.37%
Shares 12,449,420
Value MYR3.2m
Change % -45.52%
Portfolio % 0%
Last Reported 22 Apr 21

Tuan Kwee Teo
0.32%
Shares 10,500,000
Value MYR2.7m
Change % 0%
Portfolio % 0%
Last Reported 22 Apr 21

AIIMAN Asset Management Sdn. Bhd.
0.31%
Shares 10,372,300
Value MYR2.7m
Change % 0%
Portfolio % 0.34%
Last Reported 31 Aug 20

Kin-Lip Koh
0.3%
Shares 10,000,000
Value MYR2.6m
Change % 0%
Portfolio % 0%
Last Reported 22 Apr 21

Jaya Prem
0.3%
Shares 10,000,000
Value MYR2.6m
Change % 0%
Portfolio % 0%
Last Reported 22 Apr 21

Hock Soon Tay
0.3%
Shares 10,000,000
Value MYR2.6m
Change % 0%
Portfolio % 0%
Last Reported 22 Apr 21

UOB-OSK Asset Management Sdn. Bhd.
0.3%
Shares 9,844,300
Value MYR2.6m
Change % 0%
Portfolio % 0.38%
Last Reported 31 Jan 21

Mohd Bin Md Noor
0.28%
Shares 9,150,000
Value MYR2.4m
Change % 0%
Portfolio % 0%
Last Reported 22 Apr 21


https://simplywall.st/stocks/my/energy/klse-knm/knm-group-berhad-shares#ownership

Posted by investortrader88 > 2021-09-16 11:39 | Report Abuse

Not only MAA increasing their stakes in Knm.Kumpulan Wang Persaraan & Kenanga Investment also up their stakes in Knm.

MacDee34

243 posts

Posted by MacDee34 > 2021-09-16 11:59 | Report Abuse

KNM is a good buy in my view. As long as there is no "controlling" shareholders to manipulate the company with self interest. Clearly MAA and LSE are working together. This is not a good sign.

suprnoob

1,130 posts

Posted by suprnoob > 2021-09-16 12:33 | Report Abuse

add more oil tomolo

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-09-16 13:19 | Report Abuse

Knm is still a good company with or without Borsig....
Borsig is added value..
Ethanol plant about to shine..
England factory about to open..

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2021-09-16 13:30 |

Post removed.Why?

MacDee34

243 posts

Posted by MacDee34 > 2021-09-16 14:01 | Report Abuse

The Edge says to me that MAA is just the front for the LSE family. We kicked LSE and related parties out before. Let's not let them back in. MAA has its own legal problems under investigation according to reports. We need to keep LSE out, which means MAA can not take power or be on the BOD. Thank you Edge for exposing the truth about MAA and LSE.

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