Given the same common sense. KNM is nothing without Borsig. Which also means when borsig say "s*ck my t*ts!" What can KNM do? Everyone who invest in KNM are Borsig's b*tch.
Common sense will tell you that nedgeon is the biggest b*tch. ------------------------------------------------------------------------------------ Now we talk about common sense. Is there anything special in KNM without BORSIG ? If you can, share it with everyone here.
wao knm going to bankrupt....really...? lol...aax went to PN17 also can up 1.5 cents today...malaysia boleh...talked so much also pointless....this is the world of operator...so long got operator, we just ride with them lo...but now klse is like salted fish so play carefully...dun all in
looking at the highest price this 1 year is at 30c....i say somebody bought at 30c. now is 20.5c...which means is a 33% portfolio unrealized loss.
and he is already panicking. 33% is not a lot. 50% is. if u are very uncomfortable in this price..just sell n move on.
Too much borsig stories will not help the price. not will it sooth your anxieties. the main reason your are worried is that you do not understand what the future holds for knm. and this negativity is eroding your confidence and you are 2nd guessing the price up n down.
this will kill you sooner or later. markets are ruthless. you will not get a 2nd chance.
you must have strong mind n conviction to hold in knm. why bother with what other ppl says in here? i dun care about other ppl opinions normally. i only care about the things happening in knm and its business operations. plus you have to separate emotions n logic from your investing.
i can see that u are super emotional just becoz of 33% drop.
the question is...does knm have hope and rise up again? i am sure everybody is asking this secretly
the way i see it, it does. with MAA as the major shareholder and the Lee taking a back seat, things will get better. just needs time.
MAA bought in at 22.7c...meaning knm will never drop below very far. lowest will probably be 19c we saw back a few days ago. it will go back up
thai bond can be easily refinance. knm has assets worth rm900mil over the world.
i have bought in and am keeping. my average is same about same as maa's. i can see knm has a lot of value to maa as a business.
Monyet sense! That's 2008 when they buy Borsig la. 2018 book still got that RM100M annually? 2018 got RM800m lost la.
We are not in 2008 la. We are in 2021 going 2022 la. Apa kebodohan ini? U gonna use that RM100m profit when they buy borsig 2008 until 2080 is it? Still dare come talk about common sense.
Only bodoh can't tell what year is this. The top engineers in Borsig in 2008 also retire already la sorzai.
The bunch tahi lembu u wrote has nothing to do with Borsig. U think bodoh like you don't exist in German is it?
As long as German tahi good here good there. Revenue billion2, but profit sekeciput, price will stay sekiciput. Now only question to ask is if Tunku can tell Borsig to reduce operational expenses by 33%. Then u will see KNM price shoot up by 300%.
At the moment, KNM investors are Borsigs b#tch. Borsig say increase operational expenses by 25% to pay top German Engineer, Nedgeon will go subscribe the RI. When the "top" german engineers are late to deliver a project, Nedgeon will pay the penalty and extra finance charges.
You really too blind to know that it's really bodoh to be in this position aren't you? Too invested. Lost too much money. People who are bodoh the first time, till death will defend position out of pride. So new investors, u know what i'm talking about.
U go see glove, bodoh already lo. Now die also say COVID will comeback. Like how nedgeon keep referencing 2008 pre tax profit. See the similarity? See the same kebodohan?
"Borsig — which was acquired for €350 million or RM1.67 billion in 2008, prior to the oil price crash — generates pre-tax profit of around RM100 million annually."
Use abit of brain la. Borsig was acquired in 2008. It's almost 14 years having Borsig "unlock" it's potential. What we see so far is price slide from RM3 to now 20sen. And you still say Borsig is the crown jewel. I don't know how good is borsig. I only know with borsig wiped of 90% of KNM's market cap last 10 years. I don't foresee next 10 years will do any better.
From this kinda drop, it's more like Borsig is a curse. So bad that I can't tell if nedgeon is being sarcastic that Borsig is the crown jewel of KNM. Ahahhahhaa
If u plan to hold long. From 2008 to 2018, u would hv lost 80-90% by now. Think again if KNM is a counter to hold for long. If you wanna go long, always choose dividend paying counter. At least while u wait, get dividend.
Oh wait? KNM has no money to pay dividend. They spend all the money to pay Borsig TOP German engineer. No money to pay sh#t. =D
Hv to see objectively. This is also why i'm here to see if Tunku can do anything. If there are positive change in KNM's book. Then market will hv 2-3 quarters lag time to realize them. Buy when things actually change also not late. No rush to take position.
Some ppl keep saying change for the better for the better for past 10 years. No harm waiting few more years. *wink. hahahahhaha ------------------------------------------------------------------------------------------------------ Wealth honestly, I trust my money and knm shares in the hands of MAA boss tunku yaakob.
businessmen will always find ways to do business...and thats why they will always be rich and successful.
Let me tell you where you see things with ur knee...and think with your arse... The rest le of the tahi lembu, fungus grown out from the tahi lembu.
Borsig — which was acquired for €350 million or RM1.67 billion IN 2008, PRIOR TO OIL PRICE CRASH — generates pre-tax profit of around RM100 million annually.
Answer this simple question. The RM100m annually is from 2008 or it's now? If you can't answer this simple question. There is no need to talk anything else. Maybe both your eye and brain grow in ur arse if you can't admit such a simple mistake that here is no RM100m anymore la. Which leads me to believe that you are INTENTIONALLY MISLEADING.
If it's the prior, then u know u made wrong decision because if you misunderstood simple English. Else, you get urself someone on the other side. It's true that you are full of SH#T. Deliberately lie and mislead.
============================================================= nedgeon, pre-tax profit RM100 million annually... did you see that ? or you just cover your eyes to avoid looking at it and block your brain from functioning.
The only one here beating around the bush is YOU who refuse to admit that RM100m pre tax is from 2008. And after 10 years, 2018, KNM as a whole accumulated RM800m losses. Yet, you deliberately ignore the 2008 PRIOR TO OIL PRICE CRASH.
Have some common sense la. Don't talk as if Borsig just appeared yesterday that everyone wants to hide. It has been there since 2008. Friggin 13 years la dude. And it has bled KNM for as long.
Media not talking about it's because such a big embarrassment for Malaysian corporation to have made such a bad investment. Only this Mr. Common Sense air it all over the place as bragging rights.
Now, let's see if Mr. Common Sense here has any common sense. After acquiring Borsig in 2008, for past 10 years, KNM share price goes up or down? And if it's not going up, does it not cross ur mind that Borsig ain't as good as you think? No? Not one bit.
Then maybe this Mr. Common Sense here doesn't hv much common sense. He is more like Mr. Full of SH#T.
The last part I agree. Maybe MAA has the balls to tell Borsig to reduce operational expenses. By the time operational expense improves, the price will jump. Like I say, nvr too late to buy then. That's the reason I take a small position for KIV.
Until then, nedgeon is Borsig b#tch. Everytime Borsig ask for money, nedgeon pay. If you don't wanna be anybody's b#tch, stay away. Wait when RJ87 gives greenlight that Tunku actually manages to do something to turn things around.
========================================================== nedgeon : This fellow is still beating around the bush. Fact is still the same... it is all about BORSIG. if there is no BORSIG inside KNM, I doubt MAA will even want to buy 1 share in KNM. The Melewar group have so many engineers in their group of companies, they specifically put a German Engineer into KNM board, that is a clear sign that they knew about BORSIG and its German Engineering inside KNM and I am very sure that is what they are going after.
Referring to theedgemarket report, now can you at least admit that the RM100m pre-tax profit was from 2008 prior to oil price crash? It's not 2018 or 2020. It's 2008.
Just say yes. Very simple. Don't beat around the bush. Then we move on to the next topic.
=================================================== nedgeon RJ87, what nonsense are you talking about... it was not me saying BORSIG make RM100 million annually, it was your favorite theedgemarkets cleary said it, I just use that as a reference.
You have a bunch of profit which doesn't appear in any part of the balance sheet. Now, u don't smell something fishy. Who is the noob here? Who?
All company that runs honest business will hv equity growth with that kinda profit EXCEPT hanky panky company. Always use EBITDA to show profit. But nothing ends up in form equity nor EPS. U very clever. In misleading people la.
Guys, until u see strong equity growth in KNM, better stay away. Cos, nobody seems to know where did all the big RM100M++ EBITDA. Dunno why RM183M EBITDA difficult to report RM20-30m profit. Then u do business for what? Pay ITDA is it? Clever. Very clever. =P
=========================================== "This segment recorded a higher gross profit of approximately RM254.82 million and an EBITDA of approximately RM183.13 million in FY2019 as compared with RM238.07 million and RM115.53 million respectively in FY2018, mainly attributed to lower operating costs.
is RM155.04 million in FY 2020 more than RM100 million ? is RM183.12 million in FY 2019 more than RM100 million ? is RM115.53 million in FY 2018 more than RM100 million ?
Obvious evidence. KNM tank from RM9 to 20sen . For god knows why.
On the other hand, 2006-2008...20sen all the way up to RM9. Maybe nedgeon came from that era hoping for KNM to return to it's glory day of RM9 in 2008. Just imagine he buys at RM9 to see KNM drop to 20sen. Must be very painful for him.
Lucky i sold 21sen and 21.5sen for my 19.5sen and 20.5sen entry.
Now my 22sen entry is reduced by 1.5sen. Short term selldown hv to buy…short term bounce hv to sell. Do this 25 times my knm shares are free. Then i can wait as long as nedgeon.
Yeah. I want to read. Share link so that i can read the same report. But then dunno why u beat around the bush. Why? The report got more ugly stuff is it?
___________________________________ Cant you read ? They are profits from Europe Segment, not from other local units... You do not believe, so show you from the Annual report as proof. Europe Segment only have BORSIG and FBM Hudson. Is this the first time you ever read an Annual Report ? how come you seems like surprised with what I showed you ? I suggest you continue reading.
Where did the profit go ? still cant figure it out ? the profits from BORSIG is put together with the losses from other segments, What do you get? of cos you get reduced overall profits. This s a primary school mathematics.
ahahaha...I rather buy company that makes money to pay tax than st#pid company that struggling to report a green quarter. That's common sense. No need become smartest.
But to make money from a company that struggle to report profit because it's "sick mother" is quite smart la. =P
Don't u dare say FIXED to mislead people. Still big bunch of EBITDA not reflected as PAT. At best you can say is good enough to not drown in losses. But definitely cannot say it's fixed.
Only time u can say it's fixed is when EBITDA translated to PAT.
Listen to the comment on EBITDA on legend himself.
When you hear people that uses EBITDA to make case "either they try to con you or they con themselves to a great degree". For nedgeon, he is more like he is conned by himself from his own foolishness. ---------------------------------------------------------------------------------- Anyway those are over and done with. Now is new beginning, massive potential ahead with BORSIG because they are no longer burdened by KNM loss making units because they are mostly fixed already, "sick mother" is already cured. BORSIG is now free, can now go all out anytime now...
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RJ87
5,134 posts
Posted by RJ87 > 2021-11-08 00:54 | Report Abuse
3B outstanding shares and hungry for my 500K shares. Your shark must be a puny shark that it will be blown out of water when I fart is it?
———————————————————-
Woodswater disclose personal holding is exposed ourselves into danger which attracting shark' attention .
likely intentions to grab low once sharks r hunger for ur holding will press further down prices
nice move to reveal during this period if Next week uptrend !
i like ur intention as i wish to buy @ 17 c or lower
wakakakaka