share market - Page 2

ricochet · 07-21-2007, 12:26 PM

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all I am saying is that you need to substantiate why do you say that price will go back close to the original price

5-10 million project doesnt draw much fire my fren....juz lay down the list of project that they are anticipating to get

from what I know they are the main benificiary of the petroluem hub in batam together with Mahsing

anymore bro....dun marrah la cayang
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Yo bro...dun get distracted...

Hey rumour has it that KNM is going to announce a 100million biodiesel contract which was absent in their 256million contract announced during the split

Can you authenticate this and ask dad when is the announcement?

Dow plunged 149pts this morning....I expect market to dip before inching up again....good time to pick up bargain price for KNM as KNM is index linked

Thanks in advance

FlipCom · 07-22-2007, 09:31 PM

Quote:

:10700: o my...am i a chinese? do the chinese community are the only one active in share market? flippy...do get a life
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take it easy bubba. i'm just kidding you.

ricochet · 07-25-2007, 04:45 AM

Quote:

:10900: bro,this is the second time knm is splitting.......and before this,when they have split,the price was around 5.10 or something,but its did went high,so according to my dad,the share will surely go back to its original price,at even 15.5 in few months......well,why dont u ask ur fellow share market friends,since u said i dont know finance much :11900:
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Thanks a million my brother....I went in at 4.04 2 days ago.....now 4.94....knocking at heaven's door at 5.00 anytime soon

thank you again for the assurance....dow down 226pts....but KNM rocks :10802050:

ricochet · 07-25-2007, 11:18 AM

Quote:

Hey rumour has it that KNM is going to announce a 100million biodiesel contract which was absent in their 256million contract announced during the split
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here's the biodiesel news rumoured but came thru........

Wednesday July 25, 2007

KNM wants to build renewable energy facilities overseas

By IZWAN IDRIS

SERI KEMBANGAN: KNM Group Bhd is eyeing jobs to build renewable energy facilities overseas after securing its first contract at home, managing director Lee Swee Eng said.

This includes bidding for a project to construct an ethanol plant in Brazil, where the group's process equipment manufacturing facility was targeted to start operation early next year.

"Part of KNM's growth strategy is to tap into the renewable energy sector,'' Lee told reporters after the signing ceremony for a RM122mil contract to design and construct a biodiesel plant for Mission Biofuels Ltd, a company listed in Australia.

The KNM group currently has 11 process equipment manufacturing facilities, five of which are in Malaysia, two in Australia and one each in Italy, China, the United Arab Emirates and Indonesia.

The biodiesel plant, which is to be Mission Biofuels' second in the country, is located next to its existing site in Kuantan Port, Pahang.

The new plant is targeted to have a biodiesel production capacity of 250,000 tonnes annually when completed in August next year, compared to the first plant capacity of 100,000 tonnes a year.

The first plant would start shipment by mid-September this year, Mission Biofuels' managing director Nathan Mahalingam said at the press conference after the ceremony on Wednesday.

"Even at current crude palm oil (CPO) prices, the project is still feasible,'' he said.

He added that although there are concerns that bio-diesel plants are not viable - with CPO price in the futures market at above RM2,500 per tonne - the company had already secured a five year off-take agreement with a major European based buyer for a large portion of its targeted combined 350,000 tonnes a year output.

Mission Biofuels also has a feedstock supply agreement with Cargill, which is building a palm oil storage facility in Kuantan Port.

Mahalingam said apart from biodiesel, the plant would also produce other high value products such as pure glycerine that would allow the venture to remain profitable.

The 250,000 tonnes per year capacity plant would be the largest biodiesel plant in Malaysia and the first in Asia to use the latest technology from Axens of France.

aditya_kumar · 07-25-2007, 02:33 PM

Quote:

here's the biodiesel news rumoured but came thru........
Wednesday July 25, 2007
KNM wants to build renewable energy facilities overseas

By IZWAN IDRIS

SERI KEMBANGAN: KNM Group Bhd is eyeing jobs to build renewable energy facilities overseas after securing its first contract at home, managing director Lee Swee Eng said.

This includes bidding for a project to construct an ethanol plant in Brazil, where the group's process equipment manufacturing facility was targeted to start operation early next year.

"Part of KNM's growth strategy is to tap into the renewable energy sector,'' Lee told reporters after the signing ceremony for a RM122mil contract to design and construct a biodiesel plant for Mission Biofuels Ltd, a company listed in Australia.

The KNM group currently has 11 process equipment manufacturing facilities, five of which are in Malaysia, two in Australia and one each in Italy, China, the United Arab Emirates and Indonesia.

The biodiesel plant, which is to be Mission Biofuels' second in the country, is located next to its existing site in Kuantan Port, Pahang.

The new plant is targeted to have a biodiesel production capacity of 250,000 tonnes annually when completed in August next year, compared to the first plant capacity of 100,000 tonnes a year.

The first plant would start shipment by mid-September this year, Mission Biofuels' managing director Nathan Mahalingam said at the press conference after the ceremony on Wednesday.

"Even at current crude palm oil (CPO) prices, the project is still feasible,'' he said.

He added that although there are concerns that bio-diesel plants are not viable - with CPO price in the futures market at above RM2,500 per tonne - the company had already secured a five year off-take agreement with a major European based buyer for a large portion of its targeted combined 350,000 tonnes a year output.

Mission Biofuels also has a feedstock supply agreement with Cargill, which is building a palm oil storage facility in Kuantan Port.

Mahalingam said apart from biodiesel, the plant would also produce other high value products such as pure glycerine that would allow the venture to remain profitable.

The 250,000 tonnes per year capacity plant would be the largest biodiesel plant in Malaysia and the first in Asia to use the latest technology from Axens of France.
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wah.......just now only my dad told me,but he said the project is in kuantan,hmmmm.....u re really hunting for many news on knm......anyway,if you had bought the shares,just keep them......dont sell it,the price can really go up........

ricochet · 07-26-2007, 01:37 AM

Quote:

wah.......just now only my dad told me,but he said the project is in kuantan,hmmmm.....u re really hunting for many news on knm......anyway,if you had bought the shares,just keep them......dont sell it,the price can really go up........
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target price for 3 investment house is 5.00, 5.20 and 5.35

may be sell first buy back later

went up too steep

ricochet · 07-26-2007, 04:12 AM

Quote:

target price for 3 investment house is 5.00, 5.20 and 5.35

may be sell first buy back later

went up too steep
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Open at 4.90, high of 5.25 and now 5.15.....cabut lari at 5.10.....$1 profit....ok lor :10802050:

ricochet · 07-26-2007, 12:04 PM

Quote:

Open at 4.90, high of 5.25 and now 5.15.....cabut lari at 5.10.....$1 profit....ok lor :10802050:
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after the news broke out about indo earthquake and the tsunami fear....market got screwed and heavy selling from panicked investors.....but KNM remained resilient to all this...heavy selling as well but well supported...wanted to buy back but got no balls due to market sentiment. Heard another fren says that KNm is due for some correction by monday. May be if it goes up some more tomorrow...let it be....monday when it corrects buy back again

KNM close 5.20 today

ricochet · 07-27-2007, 12:51 AM

dow plunge 311pts.....die ...lots of dead bodies today. Lucky sell my knm yesterday and lucky dun have the balls to buy back....and lucky cuz today is......

SHOPPING TIME FOR BARGAINS GALORE

tangawizi · 08-13-2007, 07:20 AM

rico, i read that the stock market had a meltdown on Friday, did u have a bloodbath? or u managed to escape?? :11600: