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21-12-2023, 10:32 AM
From a ROE vs share price trend perspective as per the chart below, you can see that while KMN ROE had improved recently, the share price did not have a corresponding movement.
![[Image: KNM.png]](https://i.postimg.cc/m27CSYP9/KNM.png)
You should not be surprised as KNM had not been profitable for many years. The current ROE is moving from a bigger loss to a lower loss ie negative 46 % ROE to a negative 14 % ROE.
There are better Bursa companies in the Bursa sector to look at Are there opportunities in the Bursa Energy Services sector?
You should not be surprised as KNM had not been profitable for many years. The current ROE is moving from a bigger loss to a lower loss ie negative 46 % ROE to a negative 14 % ROE.
There are better Bursa companies in the Bursa sector to look at Are there opportunities in the Bursa Energy Services sector?