KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

3.56

Today's Change

+0.07 (2.01%)

Day's Change

3.45 - 3.58

Trading Volume

4,976,400


21 people like this.

6,426 comment(s). Last comment by genchwan2 1 day ago

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2024-02-21 14:51 | Report Abuse

Buy WB, pay for strike price to convert for mother share, sell back to market!!!
2.5% gains confirmed!!!

jenson68

1,331 posts

Posted by jenson68 > 2024-02-21 19:34 | Report Abuse

All times high !!! TP 2.60

OTB

11,550 posts

Posted by OTB > 2024-02-21 20:49 | Report Abuse

Looking at the latest results of MPI and HLI, I believe semiconductor industry is turning around and start to rebound strongly. It is a good news to KGB.
Semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively, this will augur well for the growth prospect of KGB.
I believe KGB will perform very well in 2024 and 2025.
Good luck to all investors here.
Thank you.

Posted by waorangsiam > 2024-02-22 03:16 | Report Abuse

that is why for good stock, i tend to hold longer term until the fundamental change, as fluctuations always happen due to profit taking. if it is good company, has good and sustainable fundamental, and growing strong, has strong uptrend it will eventually will make another and another new all time high. gotta make own judgement whether i see next few quarters will be even better or not. i hope this one can make it!

Posted by waorangsiam > 2024-02-22 03:27 | Report Abuse

good example the crazy nvdia, always breaks ATH. the new ATH always surprise me. starts from 111, and keep on growing. then it released the 1st surprisingly astonishing quarter results, the price hit 500, i thought couldnt be higher. then goes to almost 750! haha another and another all time high one after one, because it still continuously growing, so with the quarters results.

Posted by waorangsiam > 2024-02-22 03:29 | Report Abuse

if goreng stocks i not dare, if funds' favorite stocks i dare. lagi got dividend. hopefully this quarter give higher dividend.

Posted by waorangsiam > 2024-02-22 03:33 | Report Abuse

kasi higher dividend please, reward my patience

Posted by waorangsiam > 2024-02-22 03:39 | Report Abuse

give some money makan tomyam while waiting

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-22 08:37 | Report Abuse

Dear operator of KGB, still gpt 5 trading days before the 4th quater results is annouced. Please let WB to cross RM1.00 convincingly.

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2024-02-22 09:30 | Report Abuse

Dividend from mother share will dilute the premium of WB, beware~
Better to buy after WB adjust to the dividend payout~

SALAM

1,072 posts

Posted by SALAM > 2024-02-22 10:59 | Report Abuse

Wow , 0151WB touching the great wall RM1 ....waiting waiting to cross with a bang.. Those who listened to the Sg crook missed the boat.. hehe

Posted by Permutation > 2024-02-22 12:03 | Report Abuse

For WB to cross RM1 is a piece of cake. Now focus on RM1.10

Posted by Permutation > 2024-02-22 12:36 | Report Abuse

Why are there more sellers queueing to sell KGB and also WB ? Yet the price keep inching up slowly instead of dropping?
My take is there are insiders/ analysts/investors who know/ believe the qtr results will be fantastic and therefore buying slowly and able to absorb the selling pressure well. After all they still have a few more days to accumulate before the results are out. Perhaps needs to take a cue from MPI ? ie. buy before the result is out ?? yes!

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-22 15:08 | Report Abuse

Thank you very much for letting WB to cross the RM1.00 resistance. Now please do not let it drop back to < RM1.

SALAM

1,072 posts

Posted by SALAM > 2024-02-22 15:17 | Report Abuse

Without Sg speakers , a more breezy smooth sailing....slow but steady

Posted by waorangsiam > 2024-02-22 22:13 | Report Abuse

man.. nvdia new tp is raised to 835, highest is 1200~ wat a stock

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-23 08:50 | Report Abuse

Dear operator, US markets rallied. Please help to push WB further away from RM1.00.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-23 09:05 | Report Abuse

4 more trading days before Q4 results. Now WB is 1 bid 1 sen. Should have a positive premium already.

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2024-02-23 10:51 | Report Abuse

Is this ChloeTai that wrote the blog for "Kelington Group Berhad (KGB): a Rising Dragon in 2024"?

gohkimhock

3,129 posts

Posted by gohkimhock > 2024-02-23 12:10 | Report Abuse

I have entered KGB many times between 2017 till now. I have never lost in this counter before. This time is the highest winning margin I got.

Posted by Permutation > 2024-02-23 12:32 | Report Abuse

KGB is moving up slowly but surely, two steps up one step down is normal to catch its breath.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-23 17:26 | Report Abuse

Today moving in the opposite direction. Never mind, still.got 3 more trading days before the 4th quarter results is released on 28 Feb 2024. After that, hopefully it is same like YTLPOWER.

gohkimhock

3,129 posts

Posted by gohkimhock > 2024-02-26 20:09 | Report Abuse

drinking my kopi-o less sugar, lighting up a cigarette, fingers crossed..

OTB

11,550 posts

Posted by OTB > 2024-02-27 15:21 | Report Abuse

Look like KGB will announce good quarter result.
The share price is at new high now.
Good luck.
Thank you.

Posted by supertrader1 > 2024-02-27 16:05 | Report Abuse

top up before too late

Posted by waorangsiam > 2024-02-27 16:13 | Report Abuse

how good also need to chill and relax.. otherwise too excited and accidentally sell it. keeping my nerve steady, it still got future to look forward

Posted by waorangsiam > 2024-02-27 16:14 | Report Abuse

wait the next quarter where new plant profit comes in and boost up more profit~

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2024-02-28 15:57 | Report Abuse

Today drop so much!!!
Insider might know something about the result, better stay sideway & buy back tomorrow to play safe.

syuraizat

47 posts

Posted by syuraizat > 2024-02-28 17:14 | Report Abuse

better qr 💪

Posted by multi-bagger > 2024-02-28 17:15 | Report Abuse

fantastic results!

cgtan2020

684 posts

Posted by cgtan2020 > 2024-02-28 17:15 | Report Abuse

earn 102.65 millions in 2023. sales 1.6 B.

cgtan2020

684 posts

Posted by cgtan2020 > 2024-02-28 17:15 | Report Abuse

FPE of 12

gohkimhock

3,129 posts

Posted by gohkimhock > 2024-02-28 17:16 | Report Abuse

It is a blowout quarter. Far exceeded expectations.

OTB

11,550 posts

Posted by OTB > 2024-02-28 17:20 | Report Abuse

PAT = 100 million in FY 2023. This target PAT is achieved today.

I believe the PAT will increase from 100 million in FY 2023 to 120 million in FY 2024.
There is a growth of 20% in PAT for FY 2024.

PAT will increase to 120 million for FY 2024 due to the following reasons :-

1.) The current outstanding order book = 1.5 billion.
2.) Higher margin of Ultra-high purity (UHP) gas system makes up 68% of its current outstanding order book of 1.5 billion compared against 59% as reported in Q3 2023. There is an increase of 9% margin in FY 2024.
3.) Its LCO2 Plant 2 with a capacity of 70k tonnes/year or 1.4x of Plant 1, has been completed and commissioned in FY 2024.
4.) The semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively. KGB will benefit a lot from these high growth periods to increase the earnings of KGB.

Let us wait and see is it possible to increase the PAT from 100 to 120 million in FY 2024 ?
Thank you.

Posted by Permutation > 2024-02-28 17:21 | Report Abuse

yes, finally the results is out. Good Quarter. On track for RM3.28

Posted by waorangsiam > 2024-02-28 17:22 | Report Abuse

TERIMA KASIH NAIK DIVIDEND DARI 1.5 KEPADA 2.5. ADA DIVIDEND UNTUK MAKAN

Posted by waorangsiam > 2024-02-28 17:23 | Report Abuse

INI STOCK AMBIL MASA NAIK PUNYA. PLEASE CONTINUE STEADY UP

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-28 17:37 | Report Abuse

Very, very good results.

Posted by waorangsiam > 2024-02-28 17:39 | Report Abuse

Commentary Of Prospects
The Group continues to enjoy a healthy orderbook replenishment rate across the Ultra High Purity, Process Engineering, and General Contracting Segments. During the 12-month ended 31 December 2023, the Group has secured new contracts amounting to RM1.10 billion in 2023. Including the projects carried forward from the previous years, our total orderbook stood at RM2.80 billion of which RM1.30 billion remains outstanding. In addition, we clinched another major contract amounting to RM143 million in China in early January 2024. The contract is awarded from China's largest semiconductor foundry, to perform design, procurement, construction, and commissioning of gas hookup system in Shanghai, China. Prospects in the Industrial Gases division remain positive as demand for liquid carbon dioxide (LCO2) increases in tandem with the recovery in economic
activities. We are also experiencing growing export demand for LCO2 from Oceania countries. To cater to this increased demand, the commencement of our second LCO2 plant in Kerteh in the first quarter of 2024 will more than double our production capacity and further enhance the industrial gas division's financial performance.
Additionally, the commencement of our second on-site gas supply scheme in 2Q2024, to supply hydrogen, nitrogen, and oxygen for an optoelectronics semiconductor giant in Kulim, Kedah, will also contribute positively to the Group's earnings visibility over the next ten years. Barring unforeseen circumstances, we are confident of delivering a commendable financial performance in FY2024 as we execute our existing orderbook across our key operating markets.

Posted by waorangsiam > 2024-02-28 17:41 | Report Abuse

EH I JUST REALISED. GOT ANOTHER ON-SITE GAS PLANT COMING UP? 2Q2024. "Additionally, the commencement of our second on-site gas supply scheme in 2Q2024, to supply hydrogen, nitrogen, and oxygen for an optoelectronics semiconductor giant in Kulim, Kedah, will also contribute positively to the Group's earnings visibility over the next ten years. "
BILA PUNYA. DULU TAK TAU.

Posted by supertrader1 > 2024-02-28 18:06 | Report Abuse

Fantastic result, keep mid long term, on track for TP.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-28 19:45 | Report Abuse

@Calvintaneng, do you mean that it will gap up at 9.00 am tomorrow and the big boys will start to dump?

gohkimhock

3,129 posts

Posted by gohkimhock > 2024-02-28 19:52 | Report Abuse

that Jurong lapsap doesn't understand cash accounting vs accrual accounting. In Bursa Malaysia, it is an offence to use cash accounting. All companies (whether listed or unlisted) in this world must use accrual accounting, which is revenue or expenses are recognised when a transaction occurs. This is in accordance with generally accepted accounting principles (GAAP). All listed companies must follow GAAP to compile the financial statements.

Sslee

6,851 posts

Posted by Sslee > 2024-02-28 20:28 | Report Abuse

Calvintaneng,
KGB look OK but Genetec look suspicious. Please go and warn Genectec investors.

Genetec account with NP of 29% but very poor cash flow look even more likely of fraud
cash generated from/(used in) operating activities: RM 8,082,000
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 30-Jun-2024
31-Dec-2023 76,905 25,163 22,854 23,286 29.72% 5.20% 3.07 0.00 0.5900 26.18% 82.54%
30-Sep-2023 72,440 18,747 17,447 18,454 24.08% 4.30% 2.45 0.00 0.5700 6.18% -26.35%

KGB
31-Dec-2023 478,257 46,896 36,204 35,731 7.57% 10.59% 5.54 2.50 0.5233 12.83% 100.42%
30-Sep-2023 401,824 39,142 32,009 31,668 7.97% 10.35% 4.91 0.00 0.4746 66.11% 101.63%
30-Jun-2023 424,913 25,948 20,304 19,064 4.78% 6.98% 2.96 1.50 0.4249 17.77% 40.60%
31-Mar-2023 308,925 21,017 16,616 16,188 5.38% 6.20% 2.52 0.00 0.4060 -9.20% 94.99%
NET CASH FROM OPERATING ACTIVITIES RM168,433,000

cgtan2020

684 posts

Posted by cgtan2020 > 2024-02-28 20:38 | Report Abuse

Extract from Q4 report. >>>>>
The Groupís total debt reduced to RM188.0 million as at 31 December 2023 against RM245.0 million as at 31 December 2022. The reduction in debt was
mainly due to the repayment of borrowing in Malaysia and Singapore. The notable improvement in net cash balance to RM81.0 million in 2023 from
RM14.9 million in 2022 attributed primarily to both debt repayment and the proactive utilisation of working capital.
Consequently, the Group's financial position remains strong and healthy with gearing ratio at 0.56 times.
>>>>>>
Free cash flow of RM100M for 2023.

OTB

11,550 posts

Posted by OTB > 2024-02-28 20:39 | Report Abuse

Wrong is wrong.
Another wrong cannot make it right.
There are many accountants in this forum, no one said the accounting of KGB is bad.
The plantation promoter is having an attitude problem and mental block, please see a doctor instead of saying wrong thing again in this forum.
Sad to read all nonsense arguments.
Please leave us in peace, we want to make more money.
Thank you.

Posted by waorangsiam > 2024-02-28 21:13 | Report Abuse

oh man... the more he says, the more i think he is really silly and know nothing.. funny guy.. at least feel some shame and get out from this room. save some pride.
he is trying to say kgb clients who mostly are big well known companies from sg, malaysia and china (Micron, Panasonic, IMflash, Seagate, WesternD, HP, Merck, BBraun, Pantai Hospital, Amgen, SMIC, Infineon, TSMC) will default kgb. oh man, i am speechless...

Posted by waorangsiam > 2024-02-28 21:15 | Report Abuse

read harry better, at least shows some real stats and not bang bang on keyboards like a silly guy.
https://www.moomoo.com/community/feed/contract-flow-company-kgb-s-profit-all-the-way-110927636660230

Posted by waorangsiam > 2024-02-28 21:28 | Report Abuse

judgement on dividend like u, come on la... really talk nonsense.. so r u surprise when look at:
nvidia dividend yield 0.020%
apple 0.5%
amazon no dividend
tesla no dividend
ok, according to u. they r scam companies.

kgb give 1.65% as a fast growing and expanding company. because they making more and more new plants and developing better technologies. i am very happy enough they give dividend, and the amount is growing consistently with share price 60% increament. and u r funny to count the dividend yield as per quarter. joke u are

Posted by waorangsiam > 2024-02-28 21:29 | Report Abuse

u still dont know who is kgb and who is he doing business with. nevermind, u better dont touch this stock, this is not for u.

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