KLSE (MYR): KNUSFOR (5035)
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Last Price
0.76
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Market Cap
76 Million
NOSH
100 Million
Avg Volume (4 weeks)
33,438
4 Weeks Range
0.75 - 0.855
4 Weeks Price Volatility (%)
52 Weeks Range
0.45 - 0.99
52 Weeks Price Volatility (%)
Previous Close
0.76
Open
0.00
Bid
0.74 x 2,500
Ask
0.80 x 2,600
Day's Range
0.00 - 0.00
Trading Volume
0
Latest Quarter | Ann. Date
31-Mar-2024 [#4] | 27-May-2024
Next QR | Est. Ann. Date
30-Jun-2024 | 28-Aug-2024
T4Q P/E | EY
8.34 | 12.00%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
2.29 | 0.33
T4Q NP Margin | ROE
6.10% | 3.98%
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: INDUSTRIAL SERVICES
Subsector: INDUSTRIAL SERVICES
Description:
Knusford Bhd is engaged in investment holding and property investment. The group has four reportable segments namely trading and services, property development, investment property, and construction. Trading and services include reconditioning, sales and rental of light and heavy machinery, trading and building materials, provision of transportation services and project management services. Property development includes the development of residential and commercial properties. Investment property consists of leasing of property. Construction includes civil works contracting and landscape construction/maintenance. The revenues of the group are derived from its operations in Malaysia.
Bloodbath today didnt really affect Knusford. For this to come down to a point it hurts us, say 50-60c, one of the existing big shareholders have to sell. Otherwise there is simply no shares for sale. And if it comes down to that point, if we believe in LKH's merger plans, no reason not to double down 😌
2024-01-18 17:16
buy and keep for such low price... it is damn cheap price now, anytime will break rm1 also.
2024-01-22 13:35
Congrats all bros here for HOLDING THE FAITH! The daily cup-&-handle formation is almost complete & I look forward to an upmove, sooner than most of us think, similar to the Daiwa Heavy rocket that almost tripled my investment in the Tokyo-listed shares last year: https://stocklaser.blogspot.com/2024/01/
2024-01-24 18:20
Dompeilee right in knusford??I doubt will up.eventhough have moment today.
31/01/24 1.45pm
2024-01-31 13:45
Based on my own calculation, the floating share is getting lesser and lesser.
Once big player done the accumulation and start to push up, you will see the price jump up easily, RM100k can push up 7-8 bid, RM1-2mil buying can push the share price to limit up level d.
But, if the deal call-off, then prepare to drop to 50sen level. around 40-50% drop from current price.
This is why a lot of people choose to stay sideway to observe first, as they worry the deal is could be call-off.
But once the deal is on, all these people will pump in million n million and cause the price limit up everyday.
2024-02-09 00:05
Albukhary, I think we met in BPlant and MMC. We have same taste same views lol, gluck with Knusford another round
2024-02-28 13:43
ekovest construction making good profit which the profit wil be transferring to Knusford soon upon merger!
2024-02-29 12:26
Yes Knusford will takeover Ekovest's most profitable business while Ekovest carries the baby with finance cost exceeding revenue 😱
2024-02-29 12:41
the construction profit will be indirectly recorded in Ekovest book also through its subsidiary Knusford lo
2024-02-29 15:03
Yes but the point is what if Ekovest continues to bleed in highway operations but profit from construction? Since buying Ekovest is buying all of its business including durians. Knusford will be pure play.
Problem is we dont know what's the whole gameplan...Ekovest will own too much of Knusford, what's their next move
2024-03-01 14:25
@Knusford can you proceed with the share split first, we want some trading opportunities hello
2024-03-07 14:06
Anyone here still in Knusford? or all jump to another boat d?
I am still sitting on the boat, very lonely leh.
I alone pushing the boat, very heavy and very tired, still in the dark tunnel, cannot see any light yet...
Need more supporter come to join me push together... I believe sure got light at the end of tunnel.
2024-03-22 13:18
As recent as yesterday, I added another 75 lots. 50k @ 0.850 and 25k @ 0.865, I think. Lazy to check back. I will add add add until they proceed, OR call off the exercise..........
2024-03-22 14:47
Good to know that UncleFollower is on the same boat.
Me also, whenever I have bullet, or I take profit on other share, I will buy some Knusford.
Not dare to go in big, just slowly slowly collect whenever I saw it drop.
But once the share split is officially announce, I think I might be go in big, even though at limit up price (i.e. any price below RM1.20), because I believe minimum this counter is worth RM1.50 and above (30% discount to its current NTA)
2024-03-26 15:24
Today support Knusford again.
But selling force is still very high, my buy queue easily fill up by the seller.
Need to wait for other counter take profit then can come here buy again.
2024-03-27 14:18
KNUSFORD BERHAD ("KNUSFORD" OR THE "COMPANY") PROPOSED DISPOSAL BY KNUSFORD OF A FREEHOLD LAND TOGETHER WITH THE BUILDINGS ERECTED THEREON HELD UNDER HSD 51799, PT 43447, MUKIM AND DISTRICT OF KLANG, SELANGOR WITH A PROVISIONAL LAND AREA OF 25,625.48 SQUARE METRES BEARING POSTAL ADDRESS OF NO. 8, JALAN KECAPI 33/2, TAMAN PERINDUSTRIAN ELITE, SEKSYEN 33, 40350 SHAH ALAM, SELANGOR DARUL EHSAN TO EMERALD PLAN SDN BHD FOR A CASH CONSIDERATION OF RM28.0 MILLION
2024-03-27 18:43
This proposal shows the plan is still on. They're clearing up for the merger. At today's price Knusford is RM81M only. Land sale is 28M and around 15M was it net of debts. Faint.
2 months ago
Yup, must have faith on Knusford.
NTA will be RM2.40 after the disposal of land.
Actually RM28mil for this land is below market price, with the same size of land at that industry area, market price should at least worth RM40-50mil. However, after I have visit to the land, I saw that the land is very near to river, and big portion of the land is undevelop. It mean, if buyer want to build factory / warehouse on the land, many earthwork need to be done, coz need a lot of cost to fill up the soil (minimum 3 feet), and the risk is also very high, coz too near to river, you donno when will floor, so maybe 1/4 of the land is not useable, coz they must maintain a distance of 25feet or 30 feet from the river.
Conclusion, although 28mil is very low price, but no choice coz the land have its own problem.
2 months ago
mana lebih bagus - ekovest or knusford? some say ekovest. some say knusford. mana?
2 months ago
Looking at what's happening at Ekovest, I think they will have no shame in delaying the proposal for another 3 motnhs come end-May, and another 3 months indefinitely is all possible...Playing with LKH we must be very patient
2 months ago
Johor theme, and the one counter that has TMJ's direct ownership is valued at 80M. What??? 😅
2 months ago
You got the points... actually Johor theme should not delay anymore as restructuring taking time...
2 months ago
Even there is only very little hope that the Merger & Acquisition proposal will have any update soon, but I still praying and hoping that Knusford can give us a surprise.
Everyday I am clicking on Bursa Announcement, hoping Knusford can have an announcement of Bonus Issue, Share Split, Trading Halt, Merger & Acquisition...
Please... Give me a 3:1 Bonus issue announcement.
1 month ago
We refer to the announcements dated 19 August 2016, 21 September 2016, 2 November 2016, 8 November 2016, 18 November 2016, 22 December 2016, 19 January 2017, 24 January 2017 and 13 February 2017 in relation to the Disposal (“Announcements”). Unless otherwise defined, all expressions used in this announcement shall carry the same meaning as defined in the Announcements.
The Company wishes to announce that it has obtained approval of EPF for an extension of one (1) year with an automatic extension for another one (1) year for the Extended Exit Date under the Shareholders’ Agreement to 12 February 2026 (“Extension”) to facilitate and implement exit plan for EPF and the Company.
For information, the Company and EPF are evaluating various viable options together to implement the Exit Event or any alternative plan in the best interests of the Parties.
The Company will make the requisite announcement if there is any material development on the above.
1 month ago
Don't fret, this counter is like that
It's too small and illiquid there are no players in it
It's also TMJ's company no one dare to play play
Therefore it will not move ahead of announcements
Therefore there is no leakage of insider news other than what is already announced
When the time comes it will just gap up on low volume - this has been seen many times in counters of this type
So no worries bros
1 month ago
Since no one comment I will post it here for records lol
Reference is made to the Company’s announcement dated 27 October 2023 in relation to the execution of a binding heads of merger agreement in relation to the proposed merger of the construction and construction-related businesses of Ekovest and Knusford via the proposed acquisition by Knusford of the entire equity interest in Ekovest Construction Sdn Bhd from Ekovest (“Proposed Knusford-ECSB Merger”) (“Announcement”). Unless otherwise stated, all terms used herein shall have the same meaning as defined in the Announcement.
The Company wishes to announce that the Parties have mutually agreed for an extension of 2 months commencing from 28 May 2024 to 27 July 2024, to grant more time for the Parties to assess, evaluate and deliberate the Proposed Knusford-ECSB Merger in detail and to discuss and negotiate on the terms of the Definitive Agreement between the Parties.
This announcement is dated 27 May 2024.
1 month ago
Trader1234
@dompeilee - got at 90c today. as advised by Uncle, will just lock up to merger complete.
2024-01-17 12:10