【KNM 7164 交流专区1】科恩马

旭阳

油气业日渐复苏 可追逐科恩马集团
二零一零年十二月十二日 晚上八时七分

（吉隆坡12日讯）侨丰证券研究行在一份投资报告中，仍维持科恩马集团有限公司（KNM，7164，工业产品组）的短线买入评级，以及2.22令吉的目标价，该目标价是基于截至2011财政年的9倍本益比而订。

该证券行并不担心科恩马的营运状况，因为随着全球油气业与石油化工业的逐渐复苏，相信它的业务到时将会蓬勃起来，而现金流动情况亦会获得改善。

该集团最近举行一项汇报会并向分析师透露，管理层相信公司的营运最终可扭转，而旗下的加工处理设备业务亦渐上轨道。

展望未来，集团将会扩充其业务至核子能源。

侨丰说：“现时，科恩马仍获得总值20亿令吉的强稳合约所支持。”

与此同时，益资利证券研究行也维持科恩马集团的买入评级，但是上调该股的目标价至2.29令吉。

该行称：“我们估计科恩马在2011财政年的设备使用率将从今年的60%增至71%，尤其是加拿大的业务最显著。”

它指出，科恩马集团在进军非洲新市场后，需时9个月才可看到成果。除了非洲市场外，该集团在其他国家亦有些进展，包括之前未能夺取的加拿大市场，现在它在当地经已取得大约1亿令吉的合约，而且将来还会有机会攫取更多新合约。

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光华日报新闻!  
以前科恩马股票价格便宜,炒风盛,大起大落是等闲事,如今4股合做1股, 股价贵,恐怕"欲炒无力"了!

tian6789

2.30

hueisee

科恩嗎加油....變大了...反而跑得動

sperman

请问如果4合1之后手上的票不是整数的话要怎么卖？网上交易一定得整数的。

superman007

加油！加油！冲啊。。。。。。。。。。。

佳礼最犀利

我在 0.52 买了。。。

Marantz140

2.50

47471503

回复 2808# sperman


    我也想知道如何卖？2.5 lot 怎样卖！

ojg

我之前有打电话去问过了，如果是有剩0.几LOT的话，就要用打电话去给他们才能卖，因为online卖不到0.多lot的。我之前的z在在4合1后也是不足数。

klagigi

我也是有odd lot。。还差50unit就齐1 Lot。。不过4合1前也不想补足。。
反正odd lot也是有得收股息， 只不过odd lot通常卖出价比普通市场交易价略低而已。。

Deecy

Type        :Announcement

Subject        :- JOINT VENTURE AGREEMENT WITH PETROSAB LOGISTIK SDN BHD
                 - INVESTMENT IN COMPANIES IN SABAH
Contents        :

1. INTRODUCTION
KNM Group Berhad (“KNM” or “the Company”) is pleased to inform that:

(i) KNM had on 13 December 2010 entered into a joint venture agreement with Petrosab Logistik Sdn Bhd (“PETROSAB”) (“JVA”) towards inter alia:

(a) the establishment of a joint venture company to be known as KNM Petrosab Sdn Bhd (“KNMP”) to act as an investment holding company on 51% (KNM) : 49% (PETROSAB) basis, whereby KNM and PETROSAB shall invest in 51,000 and 49,000 ordinary share of RM1.00 each respectively in KNMP (“Shareholding Structure”);

(b) KNMP in turn, shall form Project Companies to target oil and gas projects in Sabah;

(ii) KNM and PETROSAB had respectively on 13 December 2010 invested in one (1) ordinary share of RM1.00 in KNMP (“Investment 1”); and

(iii) KNMP had on 13 December 2010, invested in two (2) ordinary shares of RM1.00 each in KNM Petrosab Engineering Sdn Bhd (“KNMPE”) as one of the Project Companies (“Investment 2”),

(hereinafter Investment 1 and Investment 2 are collectively referred to as “Investments”).


2. INFORMATION ON PETROSAB, KNMP AND KNMPE

PETROSAB was incorporated in Malaysia on 14 August 2004 and officially launched by YAB Datuk Seri Chief Minister of Sabah in February 2005, and having its registered address at Level 13, Wisma Innoprise, Teluk Likas, 88400 Kota Kinabalu, Sabah, Malaysia. It is a joint venture subsidiary company between Yayasan Sabah Group and Asian Supply Base Sdn Bhd to engage with business of providing oil and gas services to oil majors and contractors in East Malaysia.

KNMP was incorporated on 20 October 2010 as a private limited company under the laws of Malaysia and having its registered address at Level 19, Menara Tun Mustapha, Yayasan Sabah Headquarters Complex, Likas Bay, 88400 Kota Kinabalu, Sabah, Malaysia. Its initial authorised share capital is currently RM100,000 comprising 100,000 ordinary shares of RM1.00 each and its paid-up share capital is RM2.00. It is currently dormant but will principally be an investment holding company. Upon completion, KNMP will be a 51% subsidiary company of KNM while the remaining 49% is owned by PETROSAB.

KNMPE was incorporated on 20 October 2010 as a private limited company under the laws of Malaysia and having its registered address at Level 19, Menara Tun Mustapha, Yayasan Sabah Headquarters Complex, Likas Bay, 88400 Kota Kinabalu, Sabah, Malaysia. Its initial authorised share capital is currently RM100,000 comprising 100,000 ordinary shares of RM1.00 each and its paid-up share capital is RM2.00. It is currently dormant but will principally be involved, inter alia, in the provision of engineering, manufacturing of process equipment, construction, piping, and other services related to the oil, gas and power industry in Sabah and throughout Malaysia. KNMPE is a wholly-owned subsidiary of KNMP.


3. DETAILS OF THE INVESTMENT

KNMP and KNMPE are currently dormant. KNM’s total initial investment outlay in KNMP and/or KNMPE will be RM51,000. The shares are subscribed at par value of RM1.00 each and the Investments shall be fully settled in cash through internally generated funds.


4. SALIENT TERMS OF THE JVA

(i) KNM and PETROSAB (“Parties”) wish to complement each other by combining each Party’s respective skills and expertise to establish a joint venture company in Malaysia to act as an investment holding company in special purpose companies (“Project Companies”) to be incorporated for the purpose carrying out the various oil and gas projects in Sabah (“Designated Projects”).

(ii) The Parties have agreed to cause KNMP to invest in Project Companies which shall carry out the Designated Projects exclusively. KNM will lead fund raising for the Designated Projects and optimize capitalization for the Project Companies throughout the development and/or operation stage of the Designated Projects, either via issuance of new equity, bond, financial derivatives and/or convertible instruments to third party if necessary.

(iii) The total capital and investment outlay, number and timing for the incorporation, of the Project Companies shall be determined by the Parties depending on the successful award, scope and size of the Designated Projects.

(iv) The joint venture is conditional upon satisfaction of the following conditions which have been met:

(a) the establishment of KNMP; and
(b) KNMP obtaining any required approval for the Shareholding Structure.

(v) The issued and paid-up share capital of KNMP shall be held by the Parties in the proportions set out in the Shareholding Structure, unless among others:

(a) varied to comply with any law, regulation, directive or policy of any Government or other relevant authority; or
(b) varied in such manner as may be mutually agreed in writing between the Parties.


5. RATIONALE FOR THE INVESTMENTS

The Investments are generally aimed to tap into various existing and future capital expenditure for oil, gas and petrochemical projects in Sabah which is in line with KNM’s overall objective of expanding and growing the businesses of KNM and its group of companies (“KNM Group”) throughout Malaysia.


6. FINANCIAL EFFECTS OF THE INVESTMENTS

6.1 Share Capital
The Investments do not affect the share capital of KNM.

6.2 Earnings
The Investments are not expected to have any material effect on the consolidated earnings of KNM for the financial year ending 31 December 2010.

6.3 Substantial Shareholders’ Shareholdings
The Investments do not affect the substantial shareholders’ shareholdings in KNM.

6.4 Net Assets and Gearing
The Investments are not expected to have any material effect on the consolidated net assets and gearing of KNM and/or KNM Group for the year ending 31 December 2010.


7. RISK FACTORS

The Investments are subject to certain risks mainly in the oil and gas, petrochemical and energy industries. These include changes in general economic conditions such as but not limited to inflation, taxation, interest rates, labour and material supply; changes in business and operating conditions such as but not limited to government/state government and statutory regulations; and deterioration in prevailing market conditions.

The Investments do not alter the risk profile of KNM as KNM Group is already operating in these industries and hence will continue to be exposed to risk factors that they currently face whilst operating in these industries.

Although KNM Group with its vast experience may undertake efforts to mitigate the various risks, there is no assurance that any change in the above factors will not have a material adverse effect on the business and operations of KNM and/or KNM Group.


8. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors, major shareholders, persons connected to the Directors or major shareholders of the Company has any interest, direct or indirect, in the Investments.


9. DIRECTORS’ STATEMENT

Having considered all aspects of the Investments, the Board of Directors is of the opinion that the Investments are in the best interest of the Company.


10. CONDITION OF THE INVESTMENTS

The Investments are not subject to the approvals of any governmental authority and the shareholders of KNM.


11. DOCUMENTS FOR INSPECTION

Details of JVA are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays.


12. HIGHEST PERCENTAGE RATIO

The highest percentage ratio pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Investment 1 and Investment 2 is 0.003% and 0.0000001% respectively.

http://www.klse.com.my/website/b ... uncements/index.jsp

klagigi

KNM up, OSK keeps Trading Buy, TP RM2.96
Written by Joseph Chin of theedgemalaysia.com          
Wednesday, 15 December 2010 09:51

KUALA LUMPUR: Shares of KNM GROUP BHD [] rose in early trade on Wednesday, Dec 15 with OSK Research maintaining its trading buy on the stock with a higher target price of RM2.96 from RM2.22.

At 9.45am, KNM was up 14 sen to RM2.47 while its call warrants, KNM-CE rose 1.5 sen to 16 sen with 20.12 million units done.

The FBM KLCI rose 0.31 of a point to 1,510.89. Turnover was 213.36 million shares valued at RM233.46 million. Gainers led losers 201 to 142 while 217 stocks were unchanged.

OSK Research said sentiment in the O&G industry has improved tremendously over the last few weeks with the announcement of collaborations between Malaysia and its neighbouring countries on new oilfields, as well as the dishing out of new O&G contracts and a spate of positive news.

“We are maintaining our Trading Buy call on KNM with a higher target price of RM2.96 (previously RM2.22), based on a higher PER valuation of 12x (previously 9x) FY11 EPS,” it said.

OSK Research said KNM is one of the front-runners should there be a re-rating on the share prices of O&G stocks.

“Hence our target price higher as we believe there is still upside for investors to trade on the stock. In addition, KNM recently addressed concerns over its over-liquidity by implementing a 4-into-1 share consolidation. However, note that we are keeping our Trading Buy call until we see improved earnings potential for the company going forward,” it said.


http://www.theedgemalaysia.com/business-news/178572-knm-up-osk-keeps-trading-buy-tp-rm296.html

klagigi

KNM jumps to highest since April on target price upgrades

Written by Surin Murugiah   
Wednesday, 15 December 2010 11:21

KUALA LUMPUR: KNM GROUP BHD []’ shares and warrants advanced in active trade on Wednesday, Dec 15 after Maybank Investment Bank Bhd Research and OSK Investment Research upgraded their respective target prices for the stock.

At 11.01am, KNM was up 18 sen to RM2.51, the highest since April 20 this year, with 22.5 million shares done.

Its warrants added 1.5 sen to 16 sen with 28.15 million units done.

Maybank IB maintained its buy call on KNM and raised its target price to RM3.10 from RM2.20, while OSK Research said it was raising its target price to RM2.96 from RM2.22.

Maybank IB said it was positive over KNM's JV with Petrosab as East Malaysia fabrication opportunities are huge, riding on PETRONAS' rising domestic capex spend.

The Sabah Oil and Gas Terminal  and Sipitang CTF projects are some of the JV's targeted projects, it said.

“KNM remains a Buy with a raised 12-month target price of RM3.10 (+41%) as we foresee a sustained recovery outlook, locally and globally.

“Our new target PER is 10 times (previously 9 times) and we roll-over valuations to 2012 earnings,” it said.


http://www.theedgemalaysia.com/business-news/178583-knm-jumps-to-highest-since-april-on-target-price-upgrades-.html

lonely2

加油！！！！！

klagigi

自从2008年后, 很久没有看过KNM股酱子炒了...
好事好事...恢复正常了...这才是正常的KNM股

menugarden

目标价获上调 科恩马集团创新高
二零一零年十二月十五日 下午五时五十一分


（吉隆坡15日讯）科恩马集团有限公司（KNM，7164，工业产品组）母股与备兑凭单周三交易活跃，因马银投资银行和侨丰投资研究行双双调高它们对该股的目标价。

截至午休时，科恩马集团作价2.52令吉，上扬19仙，为今年4月20日以来的最高水平，共有2707万3000股转手。

其备兑凭单也增1.5仙至16仙，成交量3029万5700股。

马银投资银行维持买进科恩马集团建议，但却把其目标价从2.20令吉上调到3.10令吉，而侨丰投资研究行则表示，它已把该股的目标价从2.22令吉调高到2.96令吉。

马银投资银行称，它对科恩马集团与Petrosab的联营乐观，因受国家石油增加国内资本开销所赐，东马建造商机非常庞大。

沙巴石油与天然气终站是上述联营的部分目标计划。

“科恩马集团维持买进，12个月目标价则调高到3.10令吉（+41%），因我们预测本地和全球持续的复苏展望。”

它说：“我们的目标本益比是10倍（之前9倍）。”

klagigi

4股合1展威勢
科恩馬猛漲35仙
December 15, 2010 17:54
報導：葉愛雲

（吉隆坡15日訊）科恩馬（KNM，7164，主要板工業）4股整合成1股后重新交易，今日一度猛漲35仙至2.68令吉，母股及憑單齊頭並進受投資者熱捧，穩踞今日熱門股前二名。

今早，科恩馬挑高4仙以2.37令吉報開后，即一路攀升，休市收在2.52令吉，揚19仙，半日交投2707萬3000股。

旗下歐式現金結算備兌憑單科恩馬-CE（KNM-CE，7164CE，主要板憑單）也遭投資者熱炒，休市時以3029萬5700股擠身熱門股項榜首，揚1.5仙至16仙掛收。

整合前報價52仙

科恩馬大股東兼董事經理李瑞興早前指出，整合股票后股票面值為1令吉，這是為了吸引更多大型機構投資者入股，及易于管理過度龐大的股票數量。

截至12月1日，科恩馬未整合前最后報價為52仙，12月2日時則以整合后價格2.08令吉迎市，但當天就跌5仙至2.03令吉。

完成整合后，科恩馬即接二連三宣佈發展大計積極改善公司前景，加上油氣領域已漸復甦及漸入佳境的訂單流量，獲券商看好該股將能從中受惠，紛紛上修目標價介于2.96至3.43令吉。

自本月2日起至昨日閉市時的10日內，該股也已上漲12%。

在一切未來收益仍未明朗改善前，僑豐投資研究雖上修目標價但依然對該股持謹慎態度，給予“短線買進”評級及上修目標價從2.22至2.96令吉。

僑豐投資研究指出，藉著地理環境及豐富深海油田的優勢，沙巴向來都是油氣領域業者的目標，科恩馬的競爭對手尚有環海資源（ALAM，5115，主要板貿易）及沿海工程（COASTAL，5071，主要板工業）等。

閉市時，科恩馬揚15%或35仙至2.68令吉，成交量4810萬1500股；科恩馬-CE則掛20仙，起5.5仙，交投7742萬8000股。

專注發展沙巴油氣計劃

科恩馬昨日向馬證交所報備將和沙巴Petrosab物流公司合作設立聯營公司，專注發展沙巴州油氣計劃。

文告指出，雙方設立的聯營公司將命名為科恩馬Petrosab公司（KNMP）。

科恩馬將持有KNMP的5萬1000股或51%股權；Petrosab物流公司則持有4萬9000股或49%股權。

KNMP初步繳足資本為10萬股或10萬令吉，該公司將成為雙方的投資控股公司。

報備文件也指出，科恩馬將負責未來的計劃融資，如有需要，科恩馬將透過發行債券或金融衍生產品籌資。

Petrosab物流公司是由沙巴州首席部長于2005年成立，是沙巴基金（ Yayasan Sabah）及Asian Supply Base的聯營公司，主要供應東馬油公司及承包商油氣相關服務。

http://www.chinapress.com.my/content_new.asp?dt=2010-12-16&sec=business&art=1216bs02.txt

loong888

起到3.00可以卖

smartbk

估計會起到6.00~8.00之間

hui0909

KNM -CE 多少可以卖