RHB just re-rated KBG upwards. TP now RM4.12 from RM3.90

precisely right!

VSTECS YTD net margins barely 2% of Revenue, quite laughable compared to KGB

Amazing results despite lower top line! 9M YTD EPS 12+sen, potentially 17-18 sen to close year end and multiply that by an undemanding 20x P/E, that would be RM3.40 to RM3.60 conservatively speaking. So yeah, stock price pretty undervalued now

how is it this company has a P/E ratio of over 500? profitability estimates not clear

all in! 😀

Indeed! Hopefully this good news gets picked up by the Edge and our press

Guys, is EPF the real substantial shareholder behind Abrdn's holdings?

https://www.thestar.com.my/business/business-news/2024/09/09/kelington-secures-contracts-from-projects-in-malaysia-and-china-worth-rm413mil

I am😀

sorry, meant "fund manager"

From today's Bursa annoucement, sounds manager Abrdn plc acquired a near 5% stake in KGB last week... am I seeing this right?

any thoughts on how the share will perform tomorrow?

Results out guys, Revenue down from prev quarter but PAT & EPS up 30+%

Did RHB revise its TP today from 24th - now RM3.85

https://theedgemalaysia.com/node/705296

Kelington inks 30-year land lease agreement with Terengganu state govt