KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.065

Today's Change

0.00 (0.00%)

Day's Change

0.065 - 0.07

Trading Volume

8,720,700


72 people like this.

59,017 comment(s). Last comment by NorAfan 2024-06-12 10:56

Orson Chin

2,077 posts

Posted by Orson Chin > 2024-07-03 17:45 | Report Abuse

Ask our lovely PM invest in knm la….

coolinvestor

1,243 posts

Posted by coolinvestor > 2024-07-19 18:27 | Report Abuse

Ahpek la, why pm care?
Lousy people. Really dunno how to do business. Habis dy

Adagold

68 posts

Posted by Adagold > 2024-07-25 23:13 | Report Abuse

Yes, we are wondering whether Tunku and his team actually know how to do business. Guess what? Tunku is placing his bet on it. In fact, he is slowly increasing his bet. That should say something. It's like he's telling us, don't worry, we know what we are doing.

We certainly hope so. So far, they have not met their KPI of selling off their loss-making businesses and listing Borsig on SGX as promised. The deadline was June 2024. But in the process they have overcome a few obstacles like getting rid of German guy, going through with their EGM and recent AGM without problems and lately getting a temporary relief from their creditors.

News is not out yet from the management. We only know they are still trying hard to save the burning ship and set it on the right course. The last we heard is that we should hang on tight and good news will be forthcoming soon. As investors we actually enquired about a new date and we were told to bear with them for another 3 months till September.

Well, me and my few friends would hold on to our position and perhaps slowly add a little bit more. Keeping our fingers crossed and waiting patiently for that good news that would make us richer. Banking on the fact that Tunku has more to lose than us.

coolinvestor

1,243 posts

Posted by coolinvestor > 2024-07-26 13:58 | Report Abuse

Hoping is just wishful thinking and wishing money just fall from the sky.
They have plenty of time to plan and go thru things. Since 2022!

They can at least sell off Thai factory and UK assets to raise cash but noooooo......

Any other business in losses would have already done that.

They gave me the impression that the tidak apa attitude is in the whole management....kinda useless if you think about it.

coolinvestor

1,243 posts

Posted by coolinvestor > 2024-07-26 13:59 | Report Abuse

Btw, it's only MAA losing big if all things fail....remember that

Cipta

1,046 posts

Posted by Cipta > 2024-07-26 14:55 | Report Abuse

When Borsig is listed, MAA may offset its costs by receiving Borsig shares as a bonus issue.

Orson Chin

2,077 posts

Posted by Orson Chin > 2024-07-26 16:28 | Report Abuse

Borsig fail to listed in sg :….. all scam

Vhydro

1,581 posts

Posted by Vhydro > 2024-07-26 23:01 | Report Abuse

想法很理想,現實很骨感

SGX6138

43 posts

Posted by SGX6138 > 2024-07-27 11:00 | Report Abuse

There's no good news on the Borsig listing so we have to assume it didn't materialize for some reason. Nevertheless the senior staff at KNM seem to be very upbeat lately. And their boss is accumulating more shares. Something must be brewing quietly. I was told they are working hard to get off PN17 and there is some light at the end of the tunnel. It's getting a bit mysterious. They didn't say more. Maybe this time they want to keep things under wraps first? Let's hope they give us some good news. Can't wait...

Auntylee

165 posts

Posted by Auntylee > 2024-07-27 21:38 | Report Abuse

还有那么多人发白日梦😂

Hotstuff

3,291 posts

Posted by Hotstuff > 2024-07-28 10:14 | Report Abuse

Dai lan sei

coolinvestor

1,243 posts

Posted by coolinvestor > 2024-07-28 14:21 | Report Abuse

Bro sgx6138, have you really been in contact with at least some employees in knm, or it's just hearsay....

Boss has stopped but begin buying again knm shares recently. Perhaps he is more confident now and somethings has been cleared up.

anyways the clock is ticking to october




Cipta

1,046 posts

Posted by Cipta > 2024-07-29 14:39 | Report Abuse

aiya, why choose Singapore. Now Bursa is the hottest platform in SEA. New IPO can get 100% in debut.

Orson Chin

2,077 posts

Posted by Orson Chin > 2024-07-29 23:24 | Report Abuse

Maybe anwar is calling him back to bursa …… hahahahaha….
Or maybe Malaysia government will help knm in the end …

SGX6138

43 posts

Posted by SGX6138 > 2024-07-31 07:17 | Report Abuse

coolinvestor

I contacted some senior staff earlier before their EGM. I still keep in touch with them. Last time they give me lot of information but lately they also didn't say anything about listing Borsig. So I have to assume the project didn't go through. But they remain confident KNM will get a breakthrough soon. No details yet. I will update once I got some news.

A lot of people are scared about MCMC new Act. Personally, I believe it has something to do with politics, like silencing the opposition.

Dav Yau

166 posts

Posted by Dav Yau > 2024-08-01 18:10 | Report Abuse

Strong makan at closing. A very good sign.....hopefully

Dav Yau

166 posts

Posted by Dav Yau > 2024-08-01 18:20 | Report Abuse

@RM 0.09 very strong closing...maybe got good news coming out...

coolinvestor

1,243 posts

Posted by coolinvestor > 2024-08-02 15:12 | Report Abuse

Ok bro sgx thx for the info. Noted

bullrun168

489 posts

Posted by bullrun168 > 2024-08-06 10:18 | Report Abuse

Sailang all my belongings till underwear to buy-in KNM at @0.075

Orson Chin

2,077 posts

Posted by Orson Chin > 2024-08-07 09:36 | Report Abuse

Wow… 0.06 coming !!!!

Michael Kwok

6,433 posts

Posted by Michael Kwok > 2024-08-07 11:46 | Report Abuse

Knm 7 cents
Possible capital consolidate 10 to 1 or 20 to 1.After tht right issue along the way.
7/8/24 11.46am
7/8/24 11.46pm

Auntylee

165 posts

Posted by Auntylee > 2024-08-09 00:44 | Report Abuse

Mana itu Jerman?

Tim1231

6 posts

Posted by Tim1231 > 2024-08-12 17:03 | Report Abuse

any update in selling borsig to japanese company or other potential buyer?

SGX6138

43 posts

Posted by SGX6138 > 2024-08-13 22:01 | Report Abuse

Waiting confirmation or announcement within coming few weeks.

Orson Chin

2,077 posts

Posted by Orson Chin > 2024-08-15 16:16 | Report Abuse

Sgx6138 …. Good news ? Sell to japan ?

Dav Yau

166 posts

Posted by Dav Yau > 2024-08-16 21:36 | Report Abuse

Wow, Tengku and his MAA keep on accumulating KNM shares. Any good news.....brothers and sisters. Just for a laugh....looks like they are taking KNM private....

SGX6138

43 posts

Posted by SGX6138 > 2 months ago | Report Abuse

Orson,

Unconfirmed good news. Yes, they are selling at good price which will generate huge cash and improve cash flow. They will not take KNM private but lift it out of PN17. But still waiting confirmation. As we can see, MAA and KNM seem very optimistic. We are holding our breath and waiting to confirm.

Dav Yau

166 posts

Posted by Dav Yau > 2 months ago | Report Abuse

@ SGX6138....i was just kidding to say KNM would go Private. If it should go private it is no good for existing shareholders. If the price is high by going Private it will be a big welcome but if the Privatization price is low then it will be a bad news for the existing shareholders.bWhen Tengku and his MAA gang keep on buying up KNM shares....i am quite worried that this will happen. Hopefully not because it is not a healthy thing to do for existing shareholders....

Orson Chin

2,077 posts

Posted by Orson Chin > 2 months ago | Report Abuse

If private sure will more than 0.1x .. a lot big boss look at this company …

ocbc

1,162 posts

Posted by ocbc > 2 months ago | Report Abuse

no privatise for sure. Borsig IPO in Bursa or US faster than in SGX i guess

Tim1231

6 posts

Posted by Tim1231 > 2 months ago | Report Abuse

SGX6138,
any news regarding the selling?

SGX6138

43 posts

Posted by SGX6138 > 2 months ago | Report Abuse

Belum lagi, brader. They say likely end of the month. No choice patient a bit.

Tim1231

6 posts

Posted by Tim1231 > 2 months ago | Report Abuse

Thanks M8. Looking forward to confirmation

Auntylee

165 posts

Posted by Auntylee > 2 months ago | Report Abuse

Where's MP5? Dah cabut ke?😂

NorAfan

159 posts

Posted by NorAfan > 2 months ago | Report Abuse

MAA mahu ambil alih KNM ? 🤔

Tim1231

6 posts

Posted by Tim1231 > 2 months ago | Report Abuse

Still no news?

Orson Chin

2,077 posts

Posted by Orson Chin > 2 months ago | Report Abuse

Wait Nx month la……

NorAfan

159 posts

Posted by NorAfan > 2 months ago | Report Abuse

Keputusan q2 amat bagus. Kerugian bersih telah dikurangkan kepada RM3.5 juta

ocbc

1,162 posts

Posted by ocbc > 2 months ago | Report Abuse

Borsig Bursa listing seems more logical now.

Cipta

1,046 posts

Posted by Cipta > 2 months ago | Report Abuse

If the value of Borsig can be of PE:25, in Bursa, KNM can load most of the debt to Borsig and free herself from heavy interest.

Orson Chin

2,077 posts

Posted by Orson Chin > 2 months ago | Report Abuse

Woodwater…. Wait till Oct ?

Tim1231

6 posts

Posted by Tim1231 > 2 months ago | Report Abuse

Any idea in which direction the process will go? Japanese company still interested in buying BORSIG? And do you think that Oct 2024 will be the final extension point?

Vhydro

1,581 posts

Posted by Vhydro > 2 months ago | Report Abuse

Tim1231, dun get too serious on news that Japanese company interested in buying Borsig. Big probability only a wayang.

NorAfan

159 posts

Posted by NorAfan > 2 months ago | Report Abuse

Tengok wayang dan makan popcorn hari ni 🍿

coolinvestor

1,243 posts

Posted by coolinvestor > 2 months ago | Report Abuse

Only boduh people think it's all a so called wayang.
Especially when the boss owns almost 20% of knm now.
U can't cure stupeeedity with medicine.lol

Vhydro

1,581 posts

Posted by Vhydro > 2 months ago | Report Abuse

You also cant cure kecacatan with ubat.
Otak yang cacat

mf

29,107 posts

Posted by mf > 2 months ago | Report Abuse

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coolinvestor

1,243 posts

Posted by coolinvestor > 2 months ago | Report Abuse

Oooo vhydro sore loser ka. Lose lots of money in knm and others?
Work harder at your job la. Instead of just talking kok in here.
Hehe

Auntylee

165 posts

Posted by Auntylee > 2 months ago | Report Abuse

Talk kok 😂😂

Vhydro

1,581 posts

Posted by Vhydro > 2 months ago | Report Abuse

Sorry i dun work for others.
You la loser, narrow and cacat mindset

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