KNM GROUP BHD

KLSE (MYR): KNM (7164)

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Last Price

0.165

Today's Change

+0.015 (10.00%)

Day's Change

0.145 - 0.17

Trading Volume

159,677,800

Overview

Market Cap

668 Million

NOSH

4,046 Million

Avg Volume (4 weeks)

101,164,989

4 Weeks Range

0.10 - 0.17

4 Weeks Price Volatility (%)

97.06%

52 Weeks Range

0.035 - 0.17

52 Weeks Price Volatility (%)

97.06%

Previous Close

0.165

Open

0.15

Bid

0.165 x 6,411,800

Ask

0.17 x 13,331,300

Day's Range

0.145 - 0.17

Trading Volume

159,677,800

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2023 | 22-Sep-2023

Next QR | Est. Ann. Date

30-Sep-2023 | 29-Nov-2023

T4Q P/E | EY

-4.25 | -23.53%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.19 | 0.85

T4Q NP Margin | ROE

-29.68% | -19.95%

Company Profile

Sector: 

Sector: 

Subsector: OTHER ENERGY RESOURCES

Subsector: OTHER ENERGY RESOURCES

Description:

Knm Group Bhd is a Malaysia-based company offering project management, engineering, manufacturing, and construction services for the renewable energy, power, utilities, refining and petrochemical industries. The company manufactures customized process equipment and modular systems under the brands of KNM, BORSIG and FBM Hudson. It also develops engineering, procurement, construction, commissioning and integrated solutions for the downstream oil, gas and petrochemical plants, renewable energy, infrastructures, and buildings sectors. It also provides support services such as repairs, modification, maintenance, assembly, and spare parts supply. Knm operates its business through three geographical segments Asia and Oceania, Europe, through which it generates significant revenues and America.

Discussions
70 people like this. Showing 50 of 57,496 comments

OtisKL

@The Rock, based on my research materials, the factory isn't operational, the 2nd phase of construction is stalled. It needs serious funding to resume construction. Upon completion, it has another issue, the raw materials to produce ethanol, which is cassava no longer available vastly in Thailand. Although in theory it is the right direction, but the project conditions no longer viable to continue, as low demands of ethanol and low export prices. Based on its fundamentals, disposal will be better option. Even if the group decides to keep the division, its more viable to do in Indonesia (East Java) being largest producer of cassava in SEA. See this article:
https://theedgemalaysia.com/article/knm-bags-rm159m-epcc-job-ethanol-plant-expansion-thailand

1 day ago

SGX6138

A lot of people like the FLK are armchair commentators who can simply talk kok about businessmen running a business. We understand that in today's world it is very challenging to even run a normal business. Post-Covid we have slow market, high inflation, high oil prices and stiff competition. Much more so for a distressed business under PN17 like KNM.

They can say the management is lousy, so it needs to be replaced. Do they know the hell that the management is going through just to stay afloat, keep creditors happy and carve out a bloody path ahead? Armchair critics who have done business and corporate restructuring only in his imagination but have not done any research or read announcements from KNM's management, nor having any face-to-face engagement with the management.

After all the expose on this forum, I believe nobody listen to his comments. Unless his audience are those who don't read comments and announcements. Maybe they will believe him.

1 day ago

SumuaOK

Nice stories, the actual facts behind nobody knows. Let the chart tells the story

1 day ago

OtisKL

@The Rock, based on the collected articles and market research, Borsig was earmarked for sale since 2021 itself under previousboard, not in recent months. Although it was a misled decision earlier, the current board initially "letting it go", as there wasn't backorder for Borsig. Somehow the management pulled together some deals and the crown jewel started sparkling again. When the buyer dragged his legs for payment to complete the S&P, the current management finally cut it off, and turned to the SGX listing instead, which you or I would rationally do given the backorder pileups, right? Where would the current board had gone wrong? They were putting off fire 🔥 and finding best possible measures to minimise the risks. Well, these are facts available publicly, powered with university taught theories, we can derive good recommendations to pursue. However, misleading information will swerve the direction in the wrong way if not careful.

1 day ago

SGX6138

If people really understand corporate restructuring they will understand the figures involved.

(1) How to value Borsig when it is listed on the SGX? Based on P/E ratio and the percentage stake that KNM will still be holding after the listing.
(2) What is the price of FBM Hudson that it can be sold for? Answer: $80 million, or RM400 million
(3) What is the price of Impress Ethanol that it can be sold for? Answer: $50 million, or RM250 million.
Complement that with the amount of debt outstanding currently, and we can understand the true financial situation of KNM and the amount of effort, sweat and toil the management has gone through to put together such a package to lift KNM out of PN17.

What has Flavio/Andreas done all this while when Tunku and the management are struggling to survive? Not to mention that all this PN17 scenario was created during Flavio's watch.

Do FLK and the armchair critics out there really understand this corporate restructuring exercise?

1 day ago

SGX6138

Yes, a lot of people including me were wondering why Borsig listing on SGX didn't happen earlier. I couldn't stand my curiosity so I went to ask the senior staff at KNM. They told me that the fact was that the previous management didn't have the skill and the clout to make the deal happen. The current management led by Tunku can make it happen. Tunku and his senior aides have shuttled through and fro to Singapore lately and things look very good at the moment.

Judging from the advance stage of the talks, it seems that everything is on track. The Singapore authorities allowed Borsig to have grants to reduce listing costs. Now why would they do that if the listing cannot go through? And investment bankers and consultants are doing road show for the listing this month itself. If the project is not going on so well, these guys will not be working so hard to make it happen. The targeted date is June 2024 because they need Borsig accounts for financial year ended 31 December 2023. And the normal process of documentation, due diligence and all that will take the normal few months.

I'm holding on tight for that listing event. Meanwhile I will do TP progressively and give myself a treat since the share price is on a strong uptrend.

1 day ago

Adagold

I hate it when I see comments that the current management is ineffective and we should let someone else try. These guys don't know how much sweat and tears Tunku and his gang have sacrificed to improve things that have been going badly for many years. But I can't blame some of these people because they don't know the actual situation.

All this because of Flavio and previous management gang created a mess that the current management have to clean. And some investors are asking why, if the current management is so good how come it became a PN17 company? These investors don't know that the mess was created by the previous management. This current management didn't create it; they are cleaning it up.

Just talk about money. Tunku and his team have to raise RM20 million just to pay six months of salaries in arrears. And EPF. And back taxes to the Income Tax Dept.

In order to structure the RO and structure the upcoming SOA, they had to pay almost RM3 million to consultants and advisers.

These are the financial challenges that the management have to overcome and they will tell us about it if we ask. If not for all this hard work, KNM would have gone to Holland long ago.

And the sickening part is that we still have to entertain crooks and opportunists who call themselves requisitionists. People who expect them to lead KNM out of trouble are actually knowingly or unknowingly helping them to sabotage the current management's plans. And also our plans to celebrate when KNM share price reach 40 or 50 sen.

1 day ago

UpUpRocket

Let's look forward to 20 sen tomorrow...

1 day ago

OtisKL

@The Rock, FBM Hudson Italia isn't producing ethanol, as you said. Impress Thailand is the ethanol factory.

FBM Hudson Italiana SpA, founded in 1941 is a renowned manufacturer for air cooled heat exchangers, process gas waste heat recovery systems, heavy duty heat exchangers and special shell & tube heat exchangers such as threaded, flanged & ring locked closures heat exchangers and special equipment such as ammonia reactors, urea strippers, methanol converters, Cr-Mo alloy reactors, etc for the oil, gas, petrochemicals and desalination industries.

The company is a leading manufacturer holding long and reputable track record in thermal design for air cooled heat exchangers, process gas waste heat recovery systems, and shell & tube heat exchangers.

1 day ago

THE ROCK

@OtisKL.....Bro, thanks for the much needed info...

1 day ago

curtlee1980

This one can't go far

1 day ago

OtisKL

@UpUpRocket, yeah... must do justice to the visionary Mr Lee family, he is one those Malaysian businessmen that picks up history-rich branded businesses and assets, very similar to Warren Buffet 's style, keeping them for long term. As much as a visionary man, if his then-Finance team assist to stack up these businesses well by not spreading too thinly, in my prediction, the group wouldn't be bad like now. Of course the 2year pandemic changed the business landscapes, strong company fundamentals will not fail anytime. A wheeler-dealer could have got a strong corporate strategist to keep everything on track, pacing out well, it will be in the list - Fortune 500 companies in the world 🌎

1 day ago

OtisKL

Have any of you guys using browse AI to collect market data and information to analyse stock price movements? Well, super powerful tool, like a genie in getting data. And wowww, the Empire strikes back... (need to bulk buy caramel popcorn from Shopee 10.10 sale...) super hotty... !!! Hot from the oven in Focus Malaysia:

https://focusmalaysia.my/knm-groups-creditors-want-to-stick-with-current-management-bod-any-pending-change-is-seen-as-disruptive/

1 day ago

UpUpRocket

@OtisKL
Yes, do business not easy. The Lee family clever to build their business, do marketing, handle the production. But they not so strong with the financials. That's why bad guys took advantage and kantoi them.

Have to watch out for so many things that can kill a business. Too high debt also can cause business to suffer due to interest expenses. But sometimes even with lower debt companies still can get into trouble. They need to manage their cash flow well also. Sometimes we see from outside like very easy but there is so much skills involved.

22 hours ago

CyrusQ

keep loading keep loading

22 hours ago

pinetree88

Now 0.155 turned buyer price. Looks good heading towards 0.20 before the EGM.

22 hours ago

NorAfan

Goreng goreng hari ini

22 hours ago

CyrusQ

Keep loading keep loading while last stock

22 hours ago

CyrusQ

Break 0.16 cent and will up further up

21 hours ago

small_investor

The buying plan so well that after so many days still no trigger UMA

20 hours ago

Ninja _07

Afternoon will break 0.18

20 hours ago

Dawneagle

💪💪well planned syndicated buying. Slow and easy. More than 40% share moved the last 3 months or more.

@small_investor

The buying plan so well that after so many days still no trigger UMA

19 hours ago

bullrun168

Hurrey, super damn hot man KNM today ! 

Now KNM already at
0.16 (+0.01) (+6.7 %)

18 hours ago

bullrun168

KNM’s EGM Meeting is on
16-10-2023(Monday),
one week plus from now !

18 hours ago

bullrun168

Both sides + retailers keep on top up more KNM shares till EGM to fight for who are the biggest share holding to take control of the company !

Probably it’s share price will spike up till above 80 cents before the EGM meeting !

17 hours ago

doubleup

More news exposed for the German guy and his team. Now his real photo face also came out...
https://thecorporatesecrets.com/blog/2023/10/04/rampas-knm-group-lagi-dato-jadi-dalang-di-belakang-jutawan-jerman/

17 hours ago

CyrusQ

Keep Loading While Last Stock

17 hours ago

pinetree88

0.16 cleared. Every day up 2-3 bids be good until the EGM.

16 hours ago

Ninja _07

Yahoooo, explosive like volcano KNM today ! 

Now KNM already at
0.165 (+0.015) (+7 %)

16 hours ago

OtisKL

Hello KNM fans....another round of rally...nice to see it's being pushed up progressively. 16sen is a good performance. Wonder why nobody is asking at 16.5sen then? hahaha. Very clever and calculated trading, a beauty to observe such unique movements, particularly highly volatile counters.

16 hours ago

newbie9893

cleared 0.16, heading to 20cts

16 hours ago

CyrusQ

Where's all the bilis seller

16 hours ago

OtisKL

@Woodswater, obviously, single sided, systematic, but is a good way.
At the end of the day, everyone wants something - to be rich, powerful, winning and/or simply be happy, either by hitch-hiking, tag along, disruptive, opposing, suppressing, or putting efforts to achieve.

15 hours ago

Ninja _07

Woooohooooo, explosive like volcano KNM today ! 

Now KNM already at
0.170 (+0.020) (+9 %)

15 hours ago

small_investor

kasi break 0.2

15 hours ago

bullrun168

Bravo, Now KNM already at
0.17 (+0.02) (+13.3 %)

15 hours ago

Ninja _07

Tomorrow cannot catch 0.16 any more

15 hours ago

shiby

soon some profit taking.chance if you dare to collect

15 hours ago

Dawneagle

It would have been an awesome rally, if a 3 sided power struggle were to happen..

15 hours ago

pinetree88

Nice closing at 0.165.

14 hours ago

OtisKL

@CyrusQ, I guess the bilis realized that if they are in a small cluster, they are swallowed, but at KNM, the minority shareholders are holding a majority of voice, Malaysia Boleh maa.... just like badminton Thomas cup or harimau Malaya games, everyone comes together....

14 hours ago

OtisKL

Wow, it touched 17sen.... cool!

14 hours ago

OtisKL

@Woodswater, you're most welcome brother...my pleasure.

Based on my studies so far, the fair value of KNM (currently not taking into consideration Borsig's prospects of public listing) it should hover between 38sen, with market capitalization of RM668mil, it stands a good chance of pulling out of PN17, assuming everything "ceteris paribus..."
In terms of yield vs market, Borsig's listing will give everyone a fair share of rewards by the board. Based on cash runway analysis, KNM has sufficient cash runway for more than 3 years if it keeps its current positive free cash flow level. (long term assets - 1.3B, physical assets of 1.2B, receivables 578mil, Cash&equiv 235mil vs LT debts 1.2B, liabilities 802mil, payables 601mil, equity - 772mil), short term liabilities exceeds long term liabilities - good. short term liabilities vs short term assets - not favourable, though. Debt to equity ratio - 152%, interest coverage ratio - 0.4times. ROA company 0.6% vs industry 6.3%, ROE (-14.2%), not favourable. KNM reduced losses over past 5 years at 18.6% per year - very good. COS is high after pandemic, unavoidable but an area to look into seriously now. Price-to-Sales ratio 0.5times vs Competitors 0.9times, favourable. (competitors - perdana pet, uzma, deleum, sapura).

KNM fundamentals are strong enough to grow to the next heights. The current management's extraordinary performance, if prolonged for the next 12 months, will bear fruit for all stakeholders. The frontliners should be appraised soon it turns over without delay.

13 hours ago

CyrusQ

OtisKL

@CyrusQ, I guess the bilis realized that if they are in a small cluster, they are swallowed, but at KNM, the minority shareholders are holding a majority of voice, Malaysia Boleh maa.... just like badminton Thomas cup or harimau Malaya games, everyone comes together....

# Everyone have different point of view. with them selling you won't able to loaded up 😄.

13 hours ago

Vhydro

Many skl.

13 hours ago

OtisKL

CyrusQ, yeah, someone got to sell to enable another to buy up... 😎 spot on.

11 hours ago

OtisKL

Dawneagle, oohhh, triangle 🔺️ tussles will be epic but we don't pray for it to happen in KNM lar, the last I heard was the Scanwolf Corp Bhd.

11 hours ago

OtisKL

My lecturer passed me this article and requested me to measure the extent of human perception vs share prices volatile situations and fundamentals of companies while registering losses during the period. (Strictly For academic purposes only). Well, its huge task to analyse. Interestingly, decisions by shareholders in their own hands...how would we learn what's good or bad instead? These are hypothesised questions to ponder.

https://theedgemalaysia.com/article/special-report-hidden-hands-behind-penny-stock-surge

9 hours ago

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