Posted by OTB > 2024-02-28 21:34 | Report Abuse

I do not want to waste my time.
Wait for the share prices of KGB and KGB-WB to hit my target prices.
Good luck to all investors here.
Thank you.

Posted by multi-bagger > 2024-02-28 21:40 | Report Abuse

wonder what is a fair valuation for a growth stock in semiconductor related field, pe30x, pe40x?

Posted by OTB > 2024-02-28 21:52 | Report Abuse

To me, I am very particular on PER.
I will not take such high PER = 30 or 40.
Technology Index is bullish now, however, the earnings of semiconductor stocks have not catch up yet.
The fundamentals are not ready yet except KGB.

Assume PAT for FY 2024 is 120 million.
NOSI = 652 million
EPS = 0.184
The target price set by Kenanga is 3.28.
PER = 17.83 is reasonable.
Thank you.

Posted by multi-bagger > 2024-02-28 22:10 | Report Abuse

thanks for the info mr OTB

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

Kenanga TP of RM3.28 is very reasonable indeed. Perhaps they may revise upwards tomorrow.

Posted by ChloeTai > 2024-02-29 01:00 | Report Abuse

Why is this Calvintaneng so particular about dividend. After ex-date, the share price will be adjusted down 3 sen.

MBMR gave 20 sen special dividend. But after ex-date the share price was adjusted down 20 sen and could not recover.

Posted by ChloeTai > 2024-02-29 01:27 | Report Abuse

Later today 9:00 am, go up or go down? Sometimes good results, it could go in the opposite direction.

Posted by gohkimhock > 2024-02-29 01:35 | Report Abuse

It will gap up.

Posted by ChloeTai > 2024-02-29 02:35 | Report Abuse

@calvintaneng, but nothing is free. If after giving dividend, the share price maintain as it is, then it is very good.

Sunway is going to list its SUNWAY HEALTHCARE GROUP (SHG) in 2027. 1 free SHG for every 10 SUNWAY shares held. Plus a special dividend of 26 sen. Nothing is free. The share price of SUNWAY will be adjusted down 26 sen and adjusted down as well for 1 for 10 SHG share. Kenanga put SUNWAY underperform from RM2.79 to RM2.51.

Posted by OTB > 2024-02-29 12:40 | Report Abuse

Affin Hwang Investment Bank gives a new target price of 3.25, upgrade from the previous target price of 2.40.
To me it is a good news here.
Hope that the share price should move up north to reflect this upgrade.

Projected PAT and Growth by Affin Hwang IB.
FY 2024 = 116.8 million. Growth = 13.7%.
FY 2025 = 137.6 million. Growth = 17.8%.
FY 2026 = 161.0 million. Growth = 17.0%.
Thank you.

Posted by Permutation > 2024-02-29 13:14 | Report Abuse

Kenanga up TP to RM3.40 [ from RM3.28 ]. Not a lot but good enough.

Posted by cgtan2020 > 2024-02-29 14:47 | Report Abuse

Look like most analysts very bullish after today management briefing, tomorrow more will update the TP.

Posted by Permutation > 2024-02-29 15:09 | Report Abuse

WB is still trading at a discount. Perhaps not for long.

Posted by Cakes Moon > 2024-02-29 15:36 | Report Abuse

Walao!!! Morning bankers created fear & wash us out!!!

Posted by 2Invest > 2024-02-29 16:05 | Report Abuse

Good to see KGB's business continues to grow.

Congrats all holders here!!

Cheers!! Happy Investing

Posted by waorangsiam > 2024-02-29 16:10 | Report Abuse

looking forward Q1 Q2 2024. and hope they win more projects. sure can climb more. jz need patience.

Posted by waorangsiam > 2024-02-29 16:13 | Report Abuse

does anyone know the onsite new project at kulim worth how much?
"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. "

Posted by ChloeTai > 2024-02-29 21:04 | Report Abuse

Up there, there is a blog which elaborates that RHB has increased the target price of KGB from RM2.64 to RM3.03.

Posted by waorangsiam > 2024-02-29 21:56 | Report Abuse

3 AMANAHRAYA TRUSTEES BERHAD 30,238,400 4.70%
PUBLIC ISLAMIC OPPORTUNITIES FUND
4 CARTABAN NOMINEES (TEMPATAN) SDN BHD 28,383,200 4.41%
ICAPITAL.BIZ BERHAD
5 CIMB GROUP NOMINEES (TEMPATAN) SDN BHD 23,253,400 3.62%
CIMB COMMERCE TRUSTEE BERHAD - KENANGA GROWTH FUND
6 CITIGROUP NOMINEES (TEMPATAN) SDN BHD 15,116,500 2.35%
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (KENANGA)
7 CITIGROUP NOMINEES (ASING) SDN BHD 13,770,000 2.14%
EXEMPT AN FOR CITIBANK NEW YORK (NORGES BANK 19)
8 TOKIO MARINE LIFE INSURANCE MALAYSIA BHD 10,138,100 1.58%
AS BENEFICIAL OWNER (PF)
9 CITIGROUP NOMINEES (TEMPATAN) SDN BHD 8,347,900 1.30%
EMPLOYEES PROVIDENT FUND BOARD (AMUNDI)
10 CITIGROUP NOMINEES (TEMPATAN) SDN BHD 7,773,300 1.21%
KUMPULAN WANG PERSARAAN (DIPERBADANKAN)(PRINCIPAL EQITS)
11 CIMB GROUP NOMINEES (TEMPATAN) SDN BHD 7,559,100 1.18%
CIMB COMMERCE TRUSTEE BERHAD FOR KENANGA SHARIAH GROWTH
OPPORTUNITIES FUND (50156 TR01)
12 LEE BEE SENG 7,150,300 1.11%
13 AMANAHRAYA TRUSTEES BERHAD 6,500,000 1.01%
PUBLIC STRATEGIC SMALLCAP FUND
14 HSBC NOMINEES (TEMPATAN) SDN BHD 6,494,500 1.01%
HSBC (M) TRUSTEE BHD FOR MANULIFE INVESTMENT SHARIAH
PROGRESS FUND
15 DB (MALAYSIA) NOMINEE (TEMPATAN) SENDIRIAN BERHAD 6,000,000 0.93%
DEUTSCHE TRUSTEES MALAYSIA BERHAD FOR HONG LEONG
DIVIDEND FUND
16 CITIGROUP NOMINEES (ASING) SDN BHD 5,897,357 0.92%
UBS AG
17 MAYBANK NOMINEES (TEMPATAN) SDN BHD 5,677,500 0.88%
NATIONAL TRUST FUND (IFM KENANGA) (410196)
18 CIMB ISLAMIC NOMINEES (TEMPATAN) SDN BHD 5,635,300 0.88%
CIMB ISLAMIC TRUSTEE BERHAD - KENANGA SYARIAH GROWTH FUND
19 CARTABAN NOMINEES (TEMPATAN) SDN BHD 5,345,000 0.83%
CN CIMB COMMERCE TRUSTEE BERHAD FOR KENANGA GROWTH
FUND SERIES 2
20 AMANAHRAYA TRUSTEES BERHAD 5,021,400 0.78%
PB ISLAMIC SMALLCAP FUND
21 GAN HUNG KENG 4,696,332 0.73%
22 ONG WENG LEONG 4,391,800 0.68%
23 CITIGROUP NOMINEES (TEMPATAN) SDN BHD 3,961,800 0.62%
UNIVERSAL TRUSTEE (MALAYSIA) BERHAD FOR PRINCIPAL DALI
EQUITY FUND
24 CIMB GROUP NOMINEES (TEMPATAN) SDN BHD 3,416,900 0.53%
EXEMPT AN FOR PETROLIAM NASIONAL BERHAD (ACF-KENANGA-EQ)
25 AMANAHRAYA TRUSTEES BERHAD 2,800,000 0.44%
PUBLIC EMERGING OPPORTUNITIES FUND
26 TOKIO MARINE LIFE INSURANCE MALAYSIA BHD 2,800,000 0.44%
AS BENEFICIAL OWNER (TMEF)
27 CHIA ZHEN CONG 2,772,100 0.43%
28 AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD. 2,746,200 0.43%
PLEDGED SECURITIES ACCOUNT FOR SOH CHIN LEH
29 CITIGROUP NOMINEES (TEMPATAN) SDN BHD 2,708,900 0.42%
URUSHARTA JAMAAH SDN. BHD. (PRINCIPAL 2)
30 CITIGROUP NOMINEES (TEMPATAN) SDN BHD 2,689,800 0.42%
EMPLOYEES PROVIDENT FUND BOARD (CIMB PRIN)

Posted by waorangsiam > 2024-02-29 22:01 | Report Abuse

sounds confident lo..

"This positive trend is driven by a substantial increase in higher- margin UHP jobs, representing c.74% of its outstanding orders (vs. c.60% in FY23). In FY23, the group secured RM1.1b worth of new jobs and we are conservatively expecting the group to repeat its RM1b replenishment in FY24. "

Posted by gohkimhock > 2024-02-29 22:20 | Report Abuse

FY24 will be another record breaking year for KGB. Hope it's exposure into China will bring more and better opportunities for the future. 工作做到手軟..

Posted by ChloeTai > 2024-03-01 02:27 | Report Abuse

US PCE (Personal Consumption Expenditure) rose 2.8% as compared to 2.9% in the previous month. Good.

Later today at 9.30 am, China will released its PMI (Purchasing Managers' Index). It must be higher than 49.2.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-03-01 08:12 | Report Abuse

Fast growing company.
Most of the directors had worked in MOX ( a company I used to own, until it was taken private .. depriving Bursa of another great company).
Though it is in a competitive business, due to increase in demand for its UHP segment products, its revenues and profits grew rapidly.
Its balance sheet appears strong. Due to its many fold increase in revenue, its AR too grew accordingly. Its borrowing increased last year due to expansion of its business, the borrowings are mainly short term borrowings. Its long term debt remains low.
The management continues to reward the shareholders with dividends, through it retain most of its earnings for maintainance and future growth capex.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-03-01 08:13 | Report Abuse

Most important is to focus on its growth in UHP and its recurrent revenues in this segment.

Posted by ChloeTai > 2024-03-01 08:25 | Report Abuse

In the I3 stock pick contest, OTB is now No 2 and Gohkimhock is now No 3, where KGB, KGB-WB and YTLPOWER are in their portfolio.

Posted by ChloeTai > 2024-03-01 08:27 | Report Abuse

13 participants in the Stock Pick Contest have KGB and KGB-WB in their portfolio, which is the highest number.

Posted by ChloeTai > 2024-03-01 08:34 | Report Abuse

Actually what happened yesterday morning (gab up 3 sen followed by negative 5 sen) made me very nervous. Hope today (1st March 2024), the KGB operator will make it green one whole day by absorbing all the profit taking.

Posted by cgtan2020 > 2024-03-01 08:52 | Report Abuse

@gohkimhock Business in China is not so easy, Q4FY2023 there is a impairment of RM11M for China operation, without this impairment profit will be at RM46Million. I would prefer selling more LCO2 to SG and other country.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-03-01 12:07 | Report Abuse

Not so easy to value this business today. Too difficult a task.

Posted by OTB > 2024-03-01 12:43 | Report Abuse

Find a very good fundamental stock to buy and hold for a big profit is really a very difficult task to achieve.
Hope KGB and YTLPower do not disappoint us.
Thank you.

Posted by Najib Zamry > 2024-03-01 13:26 | Report Abuse

Stock: [KGB]: KELINGTON GROUP BERHAD

2022-02-25 22:33 | Report Abuse


Buy buy buy

When I started to call buy KGB the stock is trading at RM1.30> after one year the stock is now trading at Rm2.57. I have decided to say bye bye to this stock. Very satisfied with money made from KGB, MNRB, MSM. Will park my money to another recovery stock that are highly likely declare good result announcement in the next quarter .

Posted by cgtan2020 > 2024-03-01 14:45 | Report Abuse

https://acrobat.adobe.com/id/urn:aaid:sc:AP:8e511a14-99e1-4b90-884e-ef85fd9f114c

Yesterday briefing PPT. For long term shareholder.

Posted by Thealanor > 2024-03-01 16:27 | Report Abuse

buy more wb

Posted by gohkimhock > 2024-03-02 06:23 | Report Abuse

With an additional 70,000 tonne capacity from the second plant (to commence in mid-March), KGB will become the largest local LCO2 producer.

Posted by Cakes Moon > 2024-03-02 07:48 | Report Abuse

With plant2 started to operational this month, new gas supply jobs starting in May, I believe KGB will trade more than RM5!!!

Posted by newbie2y > 2024-03-02 08:37 | Report Abuse

@cgtan2020 thanks for the slides!

Posted by OTB > 2024-03-02 09:19 | Report Abuse

Affin Hwang Investment Bank gives a new target price of 3.25, upgrade from the previous target price of 2.40.
To me it is a good news here.
Hope that the share price should move up north to reflect this upgrade.

Projected PAT and Growth by Affin Hwang IB.
FY 2024 = 116.8 million. Growth = 13.7%.
FY 2025 = 137.6 million. Growth = 17.8%.
FY 2026 = 161.0 million. Growth = 17.0%.
Thank you.
-----------------------------
Find a very good fundamental stock to buy and hold for a big profit is really a very difficult task to achieve.
Hope KGB and YTLPower do not disappoint us.
Thank you.
------------------------
If you think KGB is truly a good fundamental stock, hold tight until the target price is reached.
It is always very difficult to find a strong growth stock.

YTLPower is another good example, my target price at 4.20 initially is already achieved.
Many readers are laughing at me initially, they believed my target price now.
Looking at new events happen to YTLPower especially on the partnership with Nvidia, I revised the target price to 6.30.
Likewise, many readers will still laugh at me, let us wait and see at the end of 2024/5.

The best strategy to win big in KLSE is to buy and hold. There is no shortcut.
Thank you.

Posted by cgtan2020 > 2024-03-02 10:55 | Report Abuse

@newbie2y you are most welcome.

Posted by supertrader1 > 2024-03-02 12:20 | Report Abuse

when LCO2 go full swing, i believe more investment bank will raise their TP, lets wait and see...

Posted by gohkimhock > 2024-03-02 12:37 | Report Abuse

KGB will go uptrend all the way in 2024. In between, there will be some profit-takings and consolidations but eventually it will end up RM3 above before end of the year. Noises are not going to stop this monster..

Posted by ChloeTai > 2024-03-03 02:28 | Report Abuse

I saw on top, so many investors bought KGB-WB and convert to KGB mother shares (1.11 + 1.38 = 2.48). KGB now 2.56. Monday morning I will buy KGB-WB and ask registrar Boardroom Sdn Bhd to email me the conversion form. It will take T + 2 plus 8 market days. While waiting for the process, probably KGB will be higher.

Posted by multi-bagger > 2024-03-03 12:29 | Report Abuse

Hi, does anyone know if my nominee rakuten trade account can convert WB to mother share?

Posted by FLYER > 2024-03-03 12:42 | Report Abuse

@ ChloeTai Does it mean you need to fork out RM 1.38 per KGB-WB for every WB that you convert to KGB ?

Posted by ChloeTai > 2024-03-03 21:46 | Report Abuse

@Flyer: Yes RM1.38 × 1000 =RM1,380. Just now I look at the calender. I am afraid it could not make it for the dividend on 21.03.2024 (ex-date).

Posted by Permutation > 2024-03-04 10:19 | Report Abuse

Perhaps you will be better off holding on to the WB than convert to get the divi.

Posted by ChloeTai > 2024-03-04 12:38 | Report Abuse

@ Permutation, I take your advice. Thanks.

Posted by ChloeTai > 2024-03-04 12:47 | Report Abuse

@yeehabis02, thank you for the positve thinking. End of March will reach RM2.78. Today not so happy. Reach RM2.64, so fast drop back to TM2.59. Probably those warrant converters take profits.

Posted by ChloeTai > 2024-03-04 12:51 | Report Abuse

@gohkimhock, thanks for the positive forecast that KGB will have an uptrend in 2024 until RM3.

Posted by ChloeTai > 2024-03-04 22:01 | Report Abuse

Affin Hwang Investment Bank forcasts growth of 13.7%. Expected 1st quarter PAT FY2024 = (113.7 ÷ 100) × 35.7 mil = 40.6 mil.
Now RM2.59/RM2.60
Affin Hwang TP: RM3.25
RHB-OSK TP: RM3.03
Kenanga TP: RM3.40

Posted by waorangsiam > 2024-03-04 23:22 | Report Abuse

Ah lenglui @ChloeTai u kira salah liao...? FY2024 PAT 116.7M. Average per quarter is 29M.