【KNM 7164 交流专区2】科恩马

icy97

首季業績差勁‧科恩馬3年財測大砍

熱股評析  2013-05-31 17:52
（吉隆坡31日訊）科恩馬集團（KNM，7164，主板工業產品組）首季業績表現差勁，使分析員大砍其未來3年財測及下調評級，預料使其短期股價承受回調壓力。

馬銀行研究指出，隨著該公司首季業績表現差勁，工程訂單填補疲弱，以及未來12個月賺幅料縮減等利空，使該行將其2013年至2015年財政年淨利預測，分別大砍84%、51%及31%。

馬銀行也預料該公司將延遲旗下公司Borsig在新加坡上市的計劃。

興業研究指出，短期內，該公司仍然受到工程延遲推行及稀薄賺幅的混擾，使其盈利展望仍難以展現歡顏。

大馬研究指出，該行將其工廠使用率預測下調至60%（比較之前為70%），營運盈利賺幅預測也下調1至3%，使該行將其2013年至2015年淨利預測下調25至67%。

大馬研究指擔心其未來盈利前景不明朗，特別是其工程訂單已下降至15億令吉，或佔2013年預測營業額的0.8倍。

該公司取消發行15億令吉伊斯蘭債券計劃，使該行擔心其現金流情況，以及攫取其他工程合約的能力。（星洲日報／財經）

icy97

KNM GROUP BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	DISPOSAL OF ENTIRE EQUITY INTEREST IN SUBSIDIARY - ENERGY PARK INVESTMENTS LIMITED
1. INTRODUCTION The Company wishes to announce that its wholly-owned subsidiary, KNM Project Services Limited (“KPSL”), has on 4 June 2013 disposed of its entire 800 ordinary shares (representing 80% equity interest) in Energy Park Investments Limited (“EPIL”) to Green Energy Worldwide Corporation (“GEWC”) for a total cash consideration of GBP800.00 (equivalent to RM3,786.80 based on GBP1 : RM4.7335) only (“Consideration”). 2. INFORMATION ON KPSL, EPIL AND GEWC KPSL was incorporated as a private limited company on 7 February 2011 and is principally an investment holding company. Its registered and paid up capital is GBP10,000.00 and its registered address is at Ruthlyn House, 90 Lincoln Road, Peterborough PE1 2SP, United Kingdom. EPIL was incorporated as a private limited company on 1 April 2010 and is principally an investment holding company. Its registered and paid up capital is GBP1,000.00 and its registered address is at Ruthlyn House, 90 Lincoln Road, Peterborough PE1 2SP, United Kingdom. The remaining 20% shareholder of EPIL is Green Energy Parks Ltd. GEWC was incorporated as a private limited company on 17 May 2010 and is principally an investment holding company. Its registered and paid up capital is USD1 and its registered address is at Portcullis TrustNet (BVI) Limited, Portcullis TrustNet Chambers, P.O. Box 3444, Road Town, Tortola, British Virgin Islands. 3. BASIS OF PURCHASE CONSIDERATION The Consideration is equivalent to KPSL’s cost of investment in EPIL. 4. RATIONALE The disposal is in tandem with the Company’s current plan to explore an alternative corporate structure and funding options for the proposed development of the 80MWe Waste to Energy Plant in Peterborough, England. 5. FINANCIAL EFFECTS OF THE DISPOSAL 5.1        Share Capital The transaction does not affect the share capital of KNM. Upon completion of this transaction, EPIL has ceased to be a subsidiary of KNM Group. 5.2        Earnings The transaction does not have any material effect on the consolidated earnings of KNM for the financial year ending 31 December 2013. 5.3        Substantial Shareholders’ Shareholdings The transaction does not have a material affect the shareholdings of the substantial shareholders in KNM. 5.4        Net Assets The transaction does not have a material effect on the consolidated net assets of KNM for the year ending 31 December 2013. 5.5        Gearing The transaction does not have a material effect on the consolidated gearing of KNM for the financial year ending 31 December 2013. 6.        DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors, major shareholders or persons connected to the Directors and/or major shareholders of the Company has any interest, direct or indirect, in the transaction. 7.        DIRECTORS’ STATEMENT Having considered all aspects of the transaction, the Board of Directors is of the opinion that the said transaction is in the best interest of the Company. 8.        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 disposal is negligible. This announcement is dated 4 June 2013.

icy97

售英能源園‧科恩馬財測下調

熱股評析  2013-06-05 17:28
（吉隆坡5日訊）科恩馬集團（KNM，7164，主板工業產品組）週二宣佈，脫售獨資子公司科恩馬計劃服務公司在英國彼得堡能源園所持80%股權。

分析
興業認為這並不意味將放棄英國能源的8億英鎊（約40億令吉）投資，惟基於其前景波動，調低今明兩財政年財測24.8%與20.1%，至獲利5千300萬與8千200萬令吉。

融資潛藏延宕風險

“我們相信基於融資是個問題，可能潛藏延宕風險，再說其盈利平衡表也將受壓。

截至2013財政年首季其負債比為0.41倍，預測若展開首期能源投資，按80:20比率融資，其負債比將擴大至1.03倍。”

基於能源計劃持續與否成問題、計劃執行力差與工程替代緩慢，該行也在大砍財測之餘，調低評級至售出（前為中和），目標價由59仙下修至42仙。（星洲日報／財經）

icy97

科恩马2000 万股场外交易

财经新闻 财经  2013-06-08 11:21
（吉隆坡7日讯）科恩马（KNM，7164，主板工业产品股）今日中午，出现2000万股的场外交易。

根据股市交易数据，相当于1.34%股权的科恩马股票，在每股49仙的平均价格达成交易。

截至中午，该股暂企于48仙。

闭市时，科恩马收报48.5仙，平盘交易，成交量为1152万1800股。[南洋网财经]

1009

科恩馬股東大會火藥味濃

大馬  2013-06-28 10:59
（吉隆坡27日訊）科恩馬集團（KNM，7164，主板工業產品組）股東大會充滿火藥味，小股東對管理層“耍太極”回覆問題的態度深感不滿，並認為該公司應引進機構投資者提昇股價，量力而為拓展業務，重估投資策略為虧損業務止血。

促引進機構投資者
重估投資策略止血

今日股東大會歷時約2小時，不過該公司董事並未在會後接見媒體及發表任何聲明，場外小股東亦證實，現場有多位股東對台上的董事部成員開罵及發問許多問題，表達對該公司長年虧損、股價低迷的不滿情緒。

一位小股東在場外表示，質疑過去幾次發股後的資金去向，認為發附加股後股價也未見起色，反而越挫越低，從百大企業落寞至今，而且一直在投資，但海外投資收益卻未真正到手。

“現場有股東向董事部成員建議，引進外資或機構投資者參股，提昇股價及企業價值，讓我們不至於血本無歸，但是這可能較難以實現，因目前還未見其他投資機構的身影。”

他補充，目前油氣領域已復甦，其它油氣公司已見投資者注資，可是科恩馬集團卻無動靜。

另外一位小股東則懷疑，該公司可能面對資金周轉不靈的窘境，因有員工向其透露，過去該公司都準時發薪，不過在今年5月份，一度拖欠薪水，且已3年未發花紅，導致員工士氣低落。

董事部無法透露訂單詳情

一位持有該公司股票10年的股東表示，現場情況火爆，台上的董事部成員看來非常緊張，相信管理層之間可能發生了一些事情，回答問題時一直在“耍太極”，無法詳細解答股東疑問。

“他們說有工程訂單，可是卻無法向我們透露詳情，回答問題只給予一般答案，而不是我們所要的，作為長期投資者，該公司已讓我失去信心。”

當被詢及會否“賣出”該股時，她表示不會，因當時是以高價買進，目前也無能為力，唯有希望油氣領域復甦後該股可回揚。

“可是當去年油氣領域開始回溫，該公司表現卻一如往日，甚至更糟，而這可能是由於｀太貪心’所造成的後果。”

她認為，該公司把業務版圖延伸至16個國家，很難全面顧及所有業務，當務之急是裁減虧損業務，為受損傷口止血，按公司能力進行投資。

另外一個長期股東則認為，該公司只是暫時“迷失”，未來業務前景依然可行，但轉虧為盈可能須一段時間。

他認為，該公司業務涉及多個領域，部份已開花結果，但有些業務卻面臨虧損，建議該公司可在兩者之間取得平衡，重估投資策略。（星洲日報／財經）

http://biz.sinchew.com.my/node/77665

1009

油都开始天价了，就是不什么起。
烂公司... 怪不得股东会大吵大闹啦！
搞不懂，公司拿了那么多钱，去哪里？

icy97

KNM GROUP BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL OF THE COMPANY’S ENTIRE EQUITY INTEREST IN KNM’S BRAZILIAN GROUP OF COMPANIES
1.0        INTRODUCTION The Board of Directors of KNM Group Berhad (“KNM” or the “Company’) wishes to announce that its wholly-owned subsidiaries, KNM Process Systems Sdn Bhd (“KNMPS”) and KNM International Sdn Bhd (“KNMI”) (hereinafter collectively referred to as the “Vendors”) has on 25 July 2013 entered into a Sale and Purchase Agreement with Telcon Telecomunicações E Informatica, LTDA of SCRS Quandra 506 Bloco A-26-30 Andar, Brasilia/DF, Brazil (the “Purchaser’) for the disposal of the Vendors' entire shareholding in the following subsidiaries (hereinafter collectively referred to as “KNM’s Brazilian Group of Companies”) for a total cash consideration of R$8 only (equivalent to RM11.94) (the “Consideration”):- KNM”s Brazilian Group of Companies Consideration (R$) Principal Activities 1. KNM Sistemas De Processamento Do Brasil Ltda 2.00 Investment holding 2. KNM Equipamentos SA (“KNMESA”) 2.00 Process Equipment Design & Manufacturing 3. KNM Industrial Ltda (“KNMIL”) 2.00 Process Equipment Design & Manufacturing 4. KNM Servicos Ltda 2.00 Process Equipment Design & Manufacturing Hereinafter referred to as the “Proposed Disposal”) 2.0        THE DISPOSAL 2.1        The Proposed Disposal is not subject to any relevant authority’s approval and is expected to be completed within thirty (30) days from the date of the Agreement. Upon completion, KNM’s Brazilian Group of Companies shall cease to be subsidiaries of the Company. 2.2        KNM had originally invested the sum of R$67.77 million (equivalent to approximately RM101.17 million) to acquire and develop KNM ‘s Brazilian Group of Companies. 2.3        The Consideration was arrived at on a “willing buyer-willing seller” basis after taking into account the following factors:- (i)        The Purchaser’s agreement to take over all of the KNM’s Brazilian Group of Companies’ existing debts and liabilities; (ii) The audited consolidated net liability of the KNM Brazil Group of Companies as at 31 December 2012 amounted to R$19.76 million (equivalent to approximately RM29.51 million); (iii)        The continuous losses suffered by KNM’s Brazilian Group of Companies; and (iv)        The expected losses of KNM’s Brazilian Group of Companies for the FYE 2013. 3.0        RATIONALE FOR THE DISPOSAL The rationale for the Proposed Disposal is to allow the Company to streamline its process equipment business by disposing of its loss making entities and is in tandem with the Company’s on-going transformation plan which entails the rationalisation of the Company’s manufacturing facilities worldwide. 4.0        FINANCIAL EFFECT OF THE DISPOSAL 4.1        The Proposed Disposal will not affect the share capital of KNM or the shareholdings of the substantial shareholders in KNM. 4.2 The gains or losses (if any) arising from the Proposed Disposals will depend on the net asset / liabilities of the KNM Brazilian Group of Companies at the time of completion of the Proposed Disposal. For illustrative purposes, based on the audited consolidated financial statements of for the FYE 31 December 2012, the transaction will result in a gain on disposal estimated at RM9.88 million for the financial year ending 31 December 2013. 4.3        The transaction will also not have a material effect on either the consolidated net assets or the consolidated gearing of KNM for the financial year ending 31 December 2013. 5.0        DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors, major shareholders or persons connected to the Directors and/or major shareholders of the Company has any interest, direct or indirect, in the transaction. 6.0        DIRECTORS’ STATEMENT Having considered all aspects of the transaction, the Board of Directors is of the opinion that the said transaction is in the best interest of the Company. 7.0        DOCUMENTS FOR INSPECTION The SPA is 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. 8.0        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 Proposed Disposal is 5.52%. This announcement is dated 25 July 2013.

lhl79

有人有任何意见吗

icy97

cy97 发表于 26-7-2013 01:15 AM
Hereinafter referred to as the “Proposed Disposal”)

2.0        THE DISPOSAL

科恩马卖4 巴西亏损子公司

财经新闻 财经  2013-07-26 07:44
（吉隆坡25日讯）配合转型计划，科恩马（KNM，7164，主板工业产品股）以近12令吉脱售4家蒙亏的巴西子公司，整合旗下加工器械业务。

科恩马向马交所报备，独资子公司———KNM Process系统私人有限公司和KNM国际私人有限公司，将脱售4家子公司予巴西TelcomTelecomunicacoes E Informatica公司。

考虑到巴西子公司或继续在2013财年蒙亏，科恩马以8雷亚尔（约11.94令吉），脱售1家投资控股公司和3家加工器械设计与制造公司。

同时，买家也会承接这些子公司的所有债务。

盈利988万

截至去年12月，4家公司净负债为1976万雷亚尔（约2951万令吉）。

以科恩马2012财年的账目推算，脱售行动可为2013财年捎来988万令吉盈利。

科恩马当初共投资6677万雷亚尔（约1亿117万令吉），收购和发展4家公司。[南洋网财经]

williamnkk81

1009 发表于 18-7-2013 11:20 PM
油都开始天价了，就是不什么起。
烂公司... 怪不得股东会大吵大闹啦！
搞不懂，公司拿了那么多钱，去哪里 ...

油价。。。 起是短暂的事务。。。 要看长远的价格和发展。。。。。

股东吵因为关心公司嘛。。。 好事来的。。。。

最重要的因为德国的公司。。。。 等再上市就可以好会的。。。

1009

williamnkk81 发表于 27-7-2013 10:23 AM
油价。。。 起是短暂的事务。。。 要看长远的价格和发展。。。。。

股东吵因为关心公司嘛。。。 好事来 ...

曾经的美，已不复当年之勇，knm老了吗?

icy97

icy97 发表于 26-7-2013 01:15 AM
Hereinafter referred to as the “Proposed Disposal”)

2.0        THE DISPOSAL

KNM GROUP BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL OF THE COMPANY’S ENTIRE EQUITY INTEREST IN KNM’S BRAZILIAN GROUP OF COMPANIES
Reference is made to the announcement made by KNM Group Berhad on 25 July 2013. All abbreviations used herein shall have the same meaning as those defined in the said announcement unless stated otherwise. 1. Information on Purchaser Telcon Telecomunicações E Informatica, LTDA was incorporated as a private limited company in accordance with the laws of the Federal Republic of Brazil on 6 August 1989. It is principally an investment holding company. Its registered and paid-up capital is R$1.0 million and its registered address is at SCRS Quandra 506 Bloco A-26-30 Andar, Brasilia/DF, Brazil. Mr Carlos Magno Freitas Mundim and Mdm Gloria Da Abadia Oliveira Barreiros are the directors/shareholders of Telcon. 2. Estimated Gain on Disposal of RM9.88 million The estimated gain on disposal of RM9.88 million was derived based on the Company’s audited consolidated financial statements for the FYE 31 December 2012 as follows:- RM’ 000 Sales proceeds (R$8) 0 Less: Share of net assets 29,505 29,505 Impairment of inter-company balances (19,624) Estimated gain on disposal 9,880 This announcement is dated 30 July 2013.

dada112

icy97 发表于 30-7-2013 11:39 PM
This announcement is dated 30 July 2013.
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版主，最近有什么消息吗？
为什么一直跌呢？

Ztd3088

英国工程一拖再拖，没赚钱，还不知亏损多少了?巴西1亿2千万买的公司，现在12元卖了，也亏了1亿2千万。几年前投入1亿多去南非说什么建核发电站，应该也亏完。德国花17买的公司想上市新加坡，如果不成功亦将17亿亏完。这是什么做生意?没那本事就别乱发展，把一个本有百亿市值的公司拖到今天只剩6亿左右，欠债12亿左右，银行一追款，必倒无疑。我在4年多前买了800万股花了640左右，两个月前忍痛放弃，前后亏了450万多，浪费4年多时间和利息，前后算下应该说是亏了530左右，我被害几乎破产!李老板真的是害人不浅那!

icy97

科恩馬次季淨利重挫66%

2013-08-29 11:20      
（吉隆坡28日訊）科恩馬集團（KNM，7164，主板工業產品組）截至2013年6月30日止，因計劃進展不顯著，加上遞延所得稅較少，次季淨利重挫66.26%到1千141萬9千令吉，促使上半年淨利也暴跌80.20%到1千364萬3千令吉。

該公司次季營業額滑落26.78%到4億2千955萬1千令吉；上半年營業額也下跌21.61%到9億1千916萬5千令吉。

儘管如此，該公司對今財政年的表現樂觀，主要是亞洲和海力部門將專注加強效率和生產力；歐洲部門的盈利料隨現有訂單改善；儘管美國部的挑戰持續，但脫售巴西單位料加強該部表現。（星洲日報／財經）

SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2013	30/06/2012	30/06/2013	30/06/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	429,551	586,698	919,165	1,172,527
2	Profit/(loss) before tax	6,820	21,744	9,767	37,709
3	Profit/(loss) for the period	10,440	34,142	12,388	69,471
4	Profit/(loss) attributable to ordinary equity holders of the parent	11,419	33,842	13,643	68,894
5	Basic earnings/(loss) per share (Subunit)	0.78	3.46	0.93	7.05
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.2700		1.2300

icy97

半年符預期‧科恩馬展望審慎

2013-08-29 17:08      
（吉隆坡29日訊）科恩馬集團（KNM，7164，主板工業產品組）上半年業績符合市場預期，分析員對公司展望有所保留。

興業研究表示，雖然業績符合預期，但截至6月30日上半年淨利下挫80.2%至1千360萬令吉，仍落後預測，因此下調2013與2014財政年的淨利預測達22.6%和20.7%。

科恩馬次季因獲740萬令吉的稅務回退，對淨利數額起了不小粉飾效應。

興業說，若非如此，科恩馬集團淨利成長率將更低。

馬銀行研究對此指出，儘管營業額下跌，然受惠於較低的稅務，以及營運賺幅提高，該業績比預期好，因此上調2013與2014財測至3千300萬和6千200萬令吉。

該集團目前累計訂單價值達16億至18億令吉水平，但分析員依然對營運展望有所保留，主要是因為過往業績波幅不穩定。

2家研究院都認為，科恩馬未來的風險包括：彼得波勒（Peterborough）再生能源計劃能否延續、補充訂單與執行計劃的營運能力受質疑等，皆已反映在股價上。

同時，旗下Borsig公司尋求在新加坡交易所上市計劃已經延後，無法在2014年上市。（星洲日報／財經）

吴用

一路跌.......

lion_o

Ztd3088 发表于 28-8-2013 01:49 AM
英国工程一拖再拖，没赚钱，还不知亏损多少了?巴西1亿2千万买的公司，现在12元卖了，也亏了1亿2千万。几年前 ...

跟败家乱花钱没差别

1009

还有四毛，蛮给面子的。

Ztd3088

李瑞兴老板没生意头脑，应该学中国华为管理之道，要不中国文具管理模式都好啦，真搞不清他是不是在真做生意?