KNUSFORD BHD

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

Overview

Market Cap

76 Million

NOSH

100 Million

Avg Volume (4 weeks)

33,438

4 Weeks Range

0.75 - 0.855

4 Weeks Price Volatility (%)

88.89%

52 Weeks Range

0.45 - 0.99

52 Weeks Price Volatility (%)

76.77%

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

Financial Highlight

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%

Market Buzz
Company Profile

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.

Discussions
Be the first to like this. Showing 50 of 167 comments

Trader1234

@dompeilee - got at 90c today. as advised by Uncle, will just lock up to merger complete.

2024-01-17 12:10

Trader1234

If fall more, may consider to add...

2024-01-17 12:11

UncleFollower

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

soon9913

buy and keep for such low price... it is damn cheap price now, anytime will break rm1 also.

2024-01-22 13:35

dompeilee

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

soon9913

lee so completed ady or not

2024-01-29 21:58

theyoungman

Share price seems stable at 0.90

2024-01-30 14:17

Michael Kwok

Dompeilee right in knusford??I doubt will up.eventhough have moment today.
31/01/24 1.45pm

2024-01-31 13:45

soon9913

no confident dont stay here lo

2024-01-31 20:34

Albukhary

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

theyoungman

Looks good today leh. Low vol, up 3c. Botak proposal realize soon

2024-02-22 18:57

dompeilee

High tight flag about to breakout on the UPSIDE!🤗

2024-02-25 08:41

Albukhary

Count down...

2024-02-27 12:43

Albukhary

GOOD RESULT

2024-02-27 21:20

UncleFollower

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

soon9913

ekovest construction making good profit which the profit wil be transferring to Knusford soon upon merger!

2024-02-29 12:26

UncleFollower

Yes Knusford will takeover Ekovest's most profitable business while Ekovest carries the baby with finance cost exceeding revenue 😱

2024-02-29 12:41

soon9913

the construction profit will be indirectly recorded in Ekovest book also through its subsidiary Knusford lo

2024-02-29 15:03

UncleFollower

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

UncleFollower

@Knusford can you proceed with the share split first, we want some trading opportunities hello

2024-03-07 14:06

Albukhary

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

UncleFollower

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

Albukhary

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

Albukhary

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

Albukhary

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

UncleFollower

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

Albukhary

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

speakup

mana lebih bagus - ekovest or knusford? some say ekovest. some say knusford. mana?

2 months ago

hhhiii123

Patient game, hehe

2 months ago

Albukhary

Today manage to collect some..
Sayang bullet tak cukup banyak.

2 months ago

soon9913

Speakup, why not have both?

2 months ago

speakup

Coz money don't grow on trees

2 months ago

soon9913

this tree will print money bro

2 months ago

UncleFollower

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

UncleFollower

Johor theme, and the one counter that has TMJ's direct ownership is valued at 80M. What??? 😅

2 months ago

soon9913

You got the points... actually Johor theme should not delay anymore as restructuring taking time...

2 months ago

Believe3222

tidur?

1 month ago

speakup

Botak must hire Goreng King Victor Chin of Mmag

1 month ago

Albukhary

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

UncleFollower

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

UncleFollower

Just jabbing you @Albukhary 🤣

1 month ago

UncleFollower

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

UncleFollower

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

Albukhary

Hi @UncleFollower, I think good news will be coming soon.

1 month ago

UncleFollower

Hi @Albukhary I fully agree

1 month ago

soon9913

Next month will limit up lo..

2 weeks ago

soon9913

Don't miss the boat guys

2 weeks ago

Albukhary

Already fully load, seat belt fasten, anytime I am ready to depart.

2 weeks ago

UncleFollower

Yawn

1 week ago

UncleFollower

If TMJ can be patient for a decade, so can we 😃

4 days ago

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