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.

59,018 comment(s). Last comment by Orson Chin 12 hours ago

Posted by Proff P... > 2023-06-09 14:33 | Report Abuse

Where is our friend Sardine? Please share your thought my friend.

MacDee34

243 posts

Posted by MacDee34 > 2023-06-09 16:26 | Report Abuse

MAA and buddies took over all the PPM. They are worried that they will loose power. This recent volume is likely them selling off shares to get money to buy the shares in the PPM so nobody else can buy. The PPM is completely subscribed at 0.054 so they make 30+ %. It is the only way TY knows how to make money. The existing management team is not qualified to run a petrol station let alone an engineering company. It is time to throw TY, and MAA out and get new people who know how to do enginerring business and access capital. They have brought shame on knm and shame on malaysia.

purple70

269 posts

Posted by purple70 > 2023-06-09 18:14 | Report Abuse

RAvi Balasingham as CEO is a failure.. He was the CEO of Malaysian Merchant MArine of TY's co and before that in a East MAlaysian shipping company! UK PR, is here to do corporate turnaround!

If any good he would be doing great job in UK isnt it!

Nvgiveup

67 posts

Posted by Nvgiveup > 2023-06-09 19:20 | Report Abuse

I think so for ppm taken by MAA group.
benefits taken by those having the power. they take this opportunity to average down their investment.

Nvgiveup

67 posts

Posted by Nvgiveup > 2023-06-09 20:16 | Report Abuse

I roughly calculate MAA group invest 7% share at price of 0.227. now having extra 30% pp ticket with average of 0.05
so rough estimate they average down at 0.088

Nvgiveup

67 posts

Posted by Nvgiveup > 2023-06-09 20:21 | Report Abuse

so, what price do u think they will push up

Posted by Proff P... > 2023-06-10 05:02 | Report Abuse

7% 266000 Lots@0.23 and 10% 330142 Lots@0.54=$79007668/596142 Lots. MAA average cost should be 0.132 only if PP are taken up by them. Once Borsig listed, the share price should back to normal around 0.15 or even higher. Just hope for the best.

Nvgiveup

67 posts

Posted by Nvgiveup > 2023-06-10 05:49 | Report Abuse

it was 3 times of PP, total should be 30%

Shines

2,824 posts

Posted by Shines > 2023-06-13 07:25 | Report Abuse

PPM is Perlahan Perlahan Mati

Posted by Proff P... > 2023-06-13 14:30 | Report Abuse

Dragonz98, any idea when Borsig will be listed?

dragonz98

86 posts

Posted by dragonz98 > 2023-06-13 15:20 | Report Abuse

sorry Proff, NO idea.
Hopefully not to wait too long, as the Company has approximately 5 months to submit its Regularisation Plan under the PN17 of the LR to the relevant authorities for approval.
But, u can monitor latest prospectus at https://www.sgx.com/securities/ipo-prospectus

Vhydro

1,581 posts

Posted by Vhydro > 2023-06-13 22:25 | Report Abuse

I think the listing will eventually fail because I have no confidence in their execution capabilities.
Maybe they are looking for a good timing to announce the update.

Posted by Proff P... > 2023-06-14 03:13 | Report Abuse

Thank you Dragonz98 for the information. Any update on what company going to do with Thailand Ethanol and UK Peterborough? Vhydro, no worries. We just need faith to believe that Borsig have all required criteria for listing in SGX.

dragonz98

86 posts

Posted by dragonz98 > 2023-06-14 09:41 | Report Abuse

@Proff, no idea on Thai Bioethanol.
For UK Peterborough, the project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025.
https://www.power-technology.com/marketdata/power-plant-profile-energy-park-peterborough-uk/

MacDee34

243 posts

Posted by MacDee34 > 2023-06-14 11:11 | Report Abuse

You do not need to rely on faith. The facts in the matter are clear. Nearly 17% of Borsig revenues come from activities in Iran. This is a sanctioned country. Therefore the majority of banks in the world are unable to support any Borsig activities. They are restricted to activities in Germany only. There is no possibility of the listing of this company in any public markets in Singapore. This is nothing more than a story created to satisfy creditors of a potential future under the incompetent leadership of TY and his team of failed Insurance executives. Stop spreading false information and nonsense. For those of you that are professionals, ask your legal team.

Posted by Proff P... > 2023-06-14 12:00 | Report Abuse

Dragonz98 thank you for sharing information's.

speakup

27,011 posts

Posted by speakup > 2023-06-14 12:41 | Report Abuse

Thx MacDee34. Good info

Vhydro

1,581 posts

Posted by Vhydro > 2023-06-15 00:05 | Report Abuse

So many months are passed and there is not any small update yet on the listing.
Yes, big probably it is a trick to scam creditor.
Senang-senang boleh list a foreign company in SGX ??

Totally

122 posts

Posted by Totally > 2023-06-15 16:09 | Report Abuse

up up

MacDee34

243 posts

Posted by MacDee34 > 2023-06-15 17:18 | Report Abuse

The next important move for knm is to remove these existing non-performing directors and replace with qualified and professional people. Restore the backbone and capabilities of KNM. Enough with incompetence insurance resellers. Get out TY.

purple70

269 posts

Posted by purple70 > 2023-06-15 18:59 | Report Abuse

WIth share price having moved up to 9 sen, something certainly is in the cooking!

But What is it?

Posted by Lee Ying Yee > 2023-06-15 21:20 | Report Abuse

billion air member ???

Nvgiveup

67 posts

Posted by Nvgiveup > 2023-06-15 23:20 | Report Abuse

usually share price will move faster than the news, so foresee there is something on going, I wait to see it teach 10sen

Nvgiveup

67 posts

Posted by Nvgiveup > 2023-06-15 23:20 | Report Abuse

reach 10sen

dragonz98

86 posts

Posted by dragonz98 > 2023-06-16 06:18 | Report Abuse

The deal between KNM Europa BV and British Midland is dependent on satisfactory due diligence within three weeks, said KNM in a bourse filing on Friday (May 26).

So, the deal will confirm by today. Maybe next week to sign S&P to disposal of FBM Hudson.

Vhydro

1,581 posts

Posted by Vhydro > 2023-06-16 11:37 | Report Abuse

Maybe will fail again

Bullkobear

320 posts

Posted by Bullkobear > 2023-06-20 10:38 | Report Abuse

Sleeping Beauty is waking up, sweet dream.

ocbc

1,166 posts

ocbc

1,166 posts

Posted by ocbc > 2023-06-20 14:47 | Report Abuse

Future is great for sure.

Vhydro

1,581 posts

Posted by Vhydro > 2023-06-20 23:05 | Report Abuse

No future if cant raise enough fund from listing and/or disposal

ocbc

1,166 posts

Posted by ocbc > 2023-06-22 09:16 | Report Abuse

Germany - China talk on-going now, see if Borsig sold to China funds !

Vhydro

1,581 posts

Posted by Vhydro > 2023-06-22 17:10 | Report Abuse

ocbc, you think too much

Bullkobear

320 posts

Posted by Bullkobear > 2023-06-22 21:05 | Report Abuse

slow and steady moving towards northern region

ocbc

1,166 posts

Posted by ocbc > 2023-06-23 17:22 | Report Abuse

@Vhydro , Borsig sure got many potential buyers in China , in addition to potential international buyers. That is the value to KNM

ocbc

1,166 posts

Posted by ocbc > 2023-06-23 17:23 | Report Abuse

RM$ drop, but Borsig revenues/profit in US$

Vhydro

1,581 posts

Posted by Vhydro > 2023-06-23 17:41 | Report Abuse

Also with debt is in USD

Posted by success2628 > 2023-06-27 10:18 |

Post removed.Why?

Posted by moneycome123456 > 2023-06-27 15:00 | Report Abuse

what meaning of 3328, 1672 haha

Vhydro

1,581 posts

Posted by Vhydro > 2023-06-28 00:11 | Report Abuse

success2628, really? Do you dare to buy serba dinamik?

Laugh die me.

Bullkobear

320 posts

Posted by Bullkobear > 2023-06-28 12:47 | Report Abuse

3328 + 1672 = KTM 4 D JACKPOT. Huat ahhh...

Dawneagle

332 posts

Posted by Dawneagle > 2023-06-28 16:10 | Report Abuse

everyday high volume. people collecting or throwing?
someone is buying obviously.......

Nvgiveup

67 posts

Posted by Nvgiveup > 2023-06-28 17:25 | Report Abuse

buying volume high daily at 0.09, it should be up soon. be patient

Posted by success2628 > 2023-07-02 09:33 | Report Abuse

Super Good news !
More & more companies rushing to be listed into KLSE !
There are 6 companies going to be listed in KLSE for July & early August 2023 ! 


1)Skyworld 10-7-2023 0.80

2)DC Healthcare 17-7-2023 0.25

3)MSTGOFT 20-7-2023 0.81

4)MYMBN 25-7-2023 0.21

5)Daythree 26-7-2023 0.30
6)KGW 1-8-2023 0.21

Michael Kwok

6,435 posts

Posted by Michael Kwok > 2023-07-04 15:19 | Report Abuse

Sell call knm 8.5 cents
Tp 6.5-7 cents
4/7/23 3.20pm

Vhydro

1,581 posts

Posted by Vhydro > 2023-07-05 02:19 | Report Abuse

Mayday Mayday

i3lurker

14,363 posts

Posted by i3lurker > 2023-07-05 03:01 | Report Abuse

RM0.005 per share mari

Posted by Vhydro > 1 week ago | Report Abuse

Also with debt is in USD

Posted by Proff P... > 2023-07-05 17:06 | Report Abuse

Any update in regard to Borsig Listing Status? Anyone

Vhydro

1,581 posts

Posted by Vhydro > 2023-07-05 22:53 | Report Abuse

No update.
Refer to KNM management's execution track record, I am strongly doubting it will be successful.

beluga

293 posts

Posted by beluga > 2023-07-06 17:25 | Report Abuse

The top shareholders list : 1) KENANGA INVESTORS BERHAD 9.92% 364,676,450 2) MAA GROUP BERHAD 7.24% 266,000,000 I wonder who's behind the Kenanga Investors

Nvgiveup

67 posts

Posted by Nvgiveup > 2023-07-06 23:28 | Report Abuse

kenanga is the another counter 6483, one of investor for knm

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