Would CN Asia become next KNM 集艺亚洲会否成为下一个科恩马

2008 financial crisis and force selling by banker of major shareholder cause KNM share price drop to current level. since then, KNM become like a dinasaur. Large and difficult to move. Shareholder who subcribe to it right issue have difficulties to recoup their investment.

However, many people still remember KNM move from Second Board company with share price of less than RM1.00 can move up to Main Board with it shares price move up more than 10 times.

How to find a counter with shares price can move up 10 times in short period of time?

One of the counter alsin in oil and gas industry is TH Heavy. The price have up more than 100% since the news Hong LeongGroup's  Quek's son involvement. However, the company business is significantly different from KNM.

One company have similar business with KNM of pressure vessel, a businss before KNM diversified from current state is a company call CN Asia. In fact, CNAsia list much earlier than KNM but KNM growth faster than CN Asia. It seem the management not s agressive as managment of KNM despite their factory located nearby of each other.

Few days ago, CN Asia announced that its subsidiary company Chip Ngai Engineering Works Sdn Bhd has obtained a Special License / Registration Certificate from Petronas Carigali Sdn Bhd to participate in the tender to supply and delivery of unfired pressure vessels and launcher / receiver for a period of five (5) years from 30 August 2013 to 29 August 2018.

Would this be a catalyst for CN Asia to follow the foot step of KNM growth part is yet to be see?

Disclosure : the author or his close relative might have bought or hold shares in any of above mentioned company

集艺亚洲会否成为下一个科恩马


科恩马（KNM，7164，主板工业产品股）它过去10年的起落太过戏剧性了.

科恩马上个附加股是在2008年6月进行，当时它建议4配1附加股，献售价4令吉，集资10亿令吉，以做收购BORSIG的准备，附加股之后，科恩马将会进行1送2红股。

当时的科恩马意气风发，正朝向公司成立以来的最高峰，股价盘踞在7-9令吉，所以4令吉的价钱再加上送红股，说是送大包也不过份。

问题就在于08金融风暴发生，科恩马的过度扩张和举债，令公司举步蹒跚，股价更一泄不振。

哪一个公司会成为下一个科恩马，股价盘踞在7-9令吉?

集艺亚洲（CNASIA，7986，主板工业产品股）同科恩马扩张前业务相同,获得国油探勘（Petronas Carigali）颁发特别执照或登记证书，可参与供应非受火压力船（unfired pressurevessel）和接收器的合约竞标。最有可能的成为下一个科恩马

免责声明公开披露利益:

作者和他的亲友可能持有以上公司股份