Wahh price to book really super low already + improving prospects... No wonder recently see foreign brokers like Nomura, UOB and CGS also upgraded gloves. Feels like limited downside and good timing to reenter

Already having all-time high orderbook just 3mths into 2021, looks like the target price should be RM2.36 post bonus 1:1.

Nice share Nepo! This is super positive! Topped up this morning. RM3 not a dream, RM4 by mid-year.

@dawchok: I like your eye sharp sharp. I agree with you, current prospects will take KGB fly to RM3 at least.

@air01557...you want wait until next qr say they doing dry ice then only start chasing at Rm2.50 meh?

Cheap sale now. RM2.00 by year end. go go go ~

Kenanga Investment Bank research believes Kelington Group Bhd remains cheaply valued despite a 28% rally over the past one week.

The research house, which has an "outperform" recommendation on the stock said the stock is still cheap at FY21 price-earnings of 19.9x versus peers' average of 30-58x.

Kenanga has kept its target price of RM1.92 on the counter.

The group has been working with pharmaceutical companies since 2-3 months back to understand the requirements of using dry ice to store Covid-19 vaccines.

"Apart from supplying their own dry ice, other dry ice manufacturer in Malaysia also have to source liquid CO2 from KGB, as there are only two players locally (Linde and KGB) due to the high barrier of entry."

Meanwhile, Semiconductor Manufacturing International Corp (SMIC) has hinted of more UHP-related job awards to Kelington due to an imminent wafer shortage

SMIC recently reported 123% YoY jump in profit on 33% increase in revenue for 3QCY20, marking a new high. SMIC’s current utilisation rate is at 100% and it is guiding momentum to remain strong going into 1H 2021.

https://www.thestar.com.my/business/business-news/2020/11/16/kelington...

Very insightful, thank you for sharing such a hidden gem.

制药公司辉瑞（Pfizer）宣布了可行的新冠肺炎候选疫苗，有利于许多市场业者，包括可能从干冰需求激增中获益的科艺集团（Kelington Group Bhd）。

NBC News报道，由于候选疫苗正在研制中，干冰正面临研制疫苗的制药公司需求增加，以及送餐服务的使用提高。

肯纳格研究分析员Samuel Tan今日在报告中写道：“科艺集团在莎阿南有一座干冰厂，可从需求激增中受益。” 他说，疫苗面世为经济全面重启铺路，这也促进科艺集团超高纯度（UHP）安装工程业务。该集团主要为电子与半导体行业提供超高纯度气体输送解决方案。

肯纳格维持该股的“超越大市”评级，目标价1.92令吉不变。

https://www.theedgemarkets.com/article/%E8%82%AF%E7%BA%B3%E6%A0%BC%EF%BC%9A%E6%96%B0%E5%86%A0%E7%96%AB%E8%8B%97%E9%9D%A2%E4%B8%96%E6%96%99%E5%88%BA%E6%BF%80%E5%B9%B2%E5%86%B0%E9%9C%80%E6%B1%82-%E6%9C%89%E5%88%A9%E4%BA%8E%E7%A7%91%E8%89%BA%E9%9B%86%E5%9B%A2

@rururunnn bro, hope you quit smoking and start buying. I also chase chase chase~

Kenanga TP: RM1.92

"Buy with 51% upside. Kelington Group Berhad (KGB) provides ultrahigh purity gas delivery systems used in wafer foundries, which are currently being thrust into the limelight given record-high FDIs, imminent wafer shortages (thus requiring further expansions) and China’s semiconductor localisation efforts. With Biden winning the US election, we believe sentiment overhang on SMIC and hence KGB is now cleared. In addition, we believe market is grossly underestimating KGB’s earnings potential as the stock only trades at 15.6x Fwd. PER, significantly cheaper than peers’ average of 30-58x. Initiate with OUTPERFORM and TP of RM1.92."

Tomorrow ready your bullets, don't say bojio.

JCY's biggest client Western Digital pumping RM2.3b investment to increase capacity in Malaysia, brining total investment to RM18b.

https://www.pmo.gov.my/2020/11/kenyataan-media-pejabat-perdana-menteri-5/

Korean investor buying 10% of Airasia at RM1 means we have at least 22% upside! Air asia won't die one la, now got extra RM334.2mil cash.

https://www.thestar.com.my/business/business-news/2020/06/04/airasia-in-talks-to-sell-10-stake

Tun M gonna jump start his portfolio tmr! Rocket to the moon!

cash pile of RM713 mil use for accretive merger and acquisition, why won't share price go up?

Major expansion in Suzhou. The Suzhou plant, which has been running at c.93% capacity, is currently undergoing major expansion with new machines arriving in September 2019 and operations commencing in November 2019. Recall, the Suzhou division currently contributes c.30% of group revenue and is expected to climb to c.50% post-expansion

Above was taken from Kenanga's report:
https://kenanga.com.my/wp-content/uploads/2019/08/MPI-190830-CU.pdf

FV rm0.34.....looks like just returning to previous level, not even creating new high. Like that already 40%, not bad. Aim moon get star also good.

Sue here sue there...ended up with everything netted off. Waste time nia, but good thing no impact to earnings. You see as drop, I see time to reload.

Time to naik again after the recent breather

https://www.thestar.com.my/business/business-news/2018/06/28/aminvest-research-retains-buy-on-n2n-connect-fv-rm1pt50/

SBI has the largest market share in Japan.... in Jepun we trust.

https://files.fm/f/um6hxy79#/view/N2N%20Connect+-+Banking+on+SoftBank+genes+07Jun18.pdf

Wah, placement 7% above current price to a multi billion company.... might be something exciting brewing?

wahh macam yes wor....today close strong.

My broker just sent me this N2N report..say got main market transfer announcement soon..dunno real onot.. anyone know?

https://files.fm/u/5dg92dsp#/view/N2N+initiation+Ambank.pdf

I guess it's just the short sighted (T+3) traders flushing themselves out, which make me consider accumulating more. Coz after Thursday's force sell , I think it'll continue its upward trend to reflect its true value.

woah, AmInvestment says this stock could be worth RM3.. maybe I'll follow CIMB.. TP at 2.65.. more than 50% upside!!

http://www.thestar.com.my/business/business-news/2017/10/09/prestariang-services-will-seek-new-contracts/

While at discount, accumulate while you can coz when the big fishes come in small players like us got no chance liao.

ilovehits,
u gots it man, right on point!

ESPESP, u are right bro!
Even MIDF call for solid TP and 2.08, 14% upside! at this level, warrant will potentially reach 0.75 (conservatively assuming it will still trade at a discount of 1.67%), 56% upside!
Even if dont sampai, 20~30% also nice mah~

https://klse.i3investor.com/servlets/ptres/42487.jsp
06/10/2017 16:39

Wow, i think the Jack Ma effect is kicking in, evident by recent run up in price of Gdex and Efficen, Presbhd might be the next boom. Moreover SKIN project is announced today, tomorrow huat arh!

SKIN Project
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5377773

Jack Ma effect
http://www.thestar.com.my/news/nation/2017/03/26/the-jack-ma-factor/