Yes, OtisKL. We deal with facts and official news. Shareholders will know when members have to go so low for personal attacks and blacklisting. They should simply point out which of our post is fake news. That's all. Anything else is not important. Everyone just want to make money.
I consider myself an atypical, amateur investor. I have a bunch of more knowledgeable friends who keep me updated about the areas that interest me out of personal passions more then those that would be most beneficial to my family. When I decide to invest, I take a carefull look to what is available about all the parties involved, tangible and less tangible things, assets, boards of directors, holding structure complexity and how they are presented to me. In the energy sector, KNM, in the mid-2000s, was one of my precious finds. The love lasted long enough to sell quite at the right point. Today I am left with a few almost forgotten shares in the drawer along with the hopes and enthusiasm I had about the group's industrial development potential. The circus of suggestions and long-term plans, later interrupted, overturned, contradicted and above all belied by the market, tell only of sloppy, unskilled management for several years. Oil&Gas is a concrete business, with orders that sometimes takes several years: big challenges, giant products, huge plants. In 2020s it is an impervious changeling sector in a literally explosive geopolitical situation. I hope at least all KNM's heroes have realized that a real war has broken out, another one, I would say relevant, while they were playing their own, between newspaper articles and glasses of champagne. Below is Tunku a year ago: https://theedgemalaysia.com/article/knm-will-be-cashrich-company-two-years-time As conclusion, i would say that with the times, having a friend in Heckler & Koch...
Medusa, I concur with your prognosis. Bilis must get ready to runnnnnnnnnnnnnnn...
lurker, I think your statement is fair. People doing arms business must keep their word. Furthermore, people can always argue - if you do charity it doesn't prove you are an angel; if you do arms business you may not be the devil either. It's hard to come to a conclustion although I personally feel that weapons help to create more conflict.
However, my complaint about Flavio and Heeschen is about them stealing from the company. I have read a few reports earlier about German guy stealing money from his own Heckler & Koch company. Or rather, treating his company as his own personal ATM machine. Worse thing, that money that he steal for his enjoyment is borrowed money. It's not even his company's money.
If that is true then KNM mampus loh. He would do the same. And the Flavio guy kena police report maybe is guilty of the same. There is a saying, birds of feather flock together.
This is a personal blog and not official news. I don't live in Europe and cannot say about German guy reputation there. I read it some time back, I didn't post earlier because it's not mainstream media. But they say there is no smoke without fire...
@UpUpRocket, very fair comments. There are a number of studies done on KNM that many don't look into the details, in KNM all the mishaps triggered started back in 2020 itself to make KNM as where it is now at PN17 status. Even shareholders rejected the past board headed by Mr Porro to raise fresh debts.
Alternative Score captures Moody’s Analytics Credit Sentiment Score (CSS). The CSS is an AI based risk indicators capturing negative news sentiments which can explain credit risk deterioration. The higher the score, the more negative news are being captured.
» KNM Group’s CSS first spiked in Feb 2021, then later in May 2021 after a first attempt to raise debts was rejected by shareholders.
» The CSS also picks up the more recent news capturing the default on a THB issued bond’s principal and coupon repayment.
Financial data don't lie on the company's wellbeing in terms of its financial capacity to be sustainable in the long run. Well, this is exactly what my studies focused on too. The current board was established less than 1 Yr ago, mopping up shits left by the past board. How could the current board blamed for mishaps that KNM experiencing now? Seriously, if KNM goes backwards to reelect past board again, the choice in the hands of over 34 thousand people and institutions, please vote with your conscience what is best for all shareholders, be it substantial or minority shareholders.
We are just hours away from the most exciting stock market event in Malaysia in recent years.
If Team Malaysia win I think kyliew prediction will come true. German Team will dump all their shares and run away. Most likely they wont stay around to see Team Malaysia run the business and reap more profits on their shares. If Team Germany win the creditors will step in to zerorize the company.
Based on current state of things with German team running out of ammo, most likely Team Malaysia will win. Share price will eventually go up, but not immediately. We need to wait for the dust to settle, which may take anything between days and weeks.
Beri kuasa kepada orang luar warga Jerman, Andreas Heeschen dan Flavio Porro warga Itali atau KNM Group syarikat milik Malaysia kekal dikuasai rakyat tempatan? Apa pilihan pemegang saham? Mahu untung sendiri, jadi pengkhianat atau cinta negara dengan kekalkan apa rakyat Malaysia punya..
Terima kasih, haziqaz. Mmg betul warga asing nak rampas syarikat kami di Malaysia. Dengan hasrat jahat nak take over Borsig dengan harga murah. Itu je niat dia. Marilah Team Malaysia mempertahankan syarikat kami daripada dicuri pirate orang asing.
Tomorrow is not life or death voting day. If German lose or TY lose, nevermind. Let them increase the shareholding and call for another EGM. Let the bills win when they are fighting.
In the final hours. I am disturbed with 2 news from the German side : 1. Diluting knm shares 2. Pledging borsig to European investors to borrow money. Maybe the plan is to default and give it away. We Malaysian had enough of these BACKDOOR S.H.I.T... cukup
Both are bad for bills, knm and Malaysia. I lost trust in German team.
I will give TY a chance to proof himself and his team. Hopefully he walks the talk and not some janji bodoh to fool the bills.
This is exausting!!! hihihi Ravi writes a buzzfeed clickbait type list with 8 reasons to remark that if anything changes from their plans we will all die. Porro raises doubts about the legality of champagne and kek batik meeting with creditors convened by Tunku. Heeshen's Brigade also raises doubts about Tunku's Borsig IPO and the FBM Hudson deal with a stinging online article less than 24 hours before most delicate meeting of the decade. And now, corporate secret, fire up the clash as a matter of national pride, even with a rushed made video intended for local shareholders. Really too much stage lights and smoke, would say childish tycoon attitude, and mysteries for a meeting that could upend shareholders wallets, the assets involved, several companies in the industry, and therefore many families.
Extraordinary Indicator Notice of Meeting Description Notice of Extraordinary General Meeting of KNM Group Berhad to be conducted fully virtual via remote participation and electronic voting (RPEV) facilities Date of Meeting 16 Oct 2023 Time 10:00 AM
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....
UpUpRocket
67 posts
Posted by UpUpRocket > 2023-10-15 18:14 | Report Abuse
Yes, OtisKL. We deal with facts and official news. Shareholders will know when members have to go so low for personal attacks and blacklisting. They should simply point out which of our post is fake news. That's all. Anything else is not important. Everyone just want to make money.