KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

3.43

Today's Change

-0.04 (1.15%)

Day's Change

3.42 - 3.47

Trading Volume

107,400


22 people like this.

6,427 comment(s). Last comment by darkjj 1 day ago

Goldberg

2,916 posts

Posted by Goldberg > 2024-06-06 14:29 | Report Abuse

Goldberg KGB to benefit from this massive foundry plant - costing USD 7.8 billion.

NXP, Vanguard to Build $7.8 Billion Singapore Chip Wafer Plant as Tech Firms Hedge Against China

New facility begins construction in second half of 2024

Region poised to benefit from drive to diversify from China

Source: Bloomberg

5 June 2024

NXP Semiconductors NV is teaming up with a company partly owned by Taiwan Semiconductor Manufacturing Co. to build a $7.8 billion chip wafer plant in Singapore, marking a boost for the island nation’s tech ambitions.

https://www.bloomberg.com/news/articles/2024-06-05/nxp-vanguard-to-bui...
06/06/2024 12:53 PM

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2024-06-06 14:58 | Report Abuse

ChloeTai's long term target RM3.28 [KGB-WB RM1.90] hit today!!!
Thank you so much!!!

Posted by wallstreetrookieNEW > 2024-06-06 15:57 | Report Abuse

Shit, is this the next YTLPower

Posted by wallstreetrookieNEW > 2024-06-06 15:57 | Report Abuse

Should've bought more KGB-WA

Posted by wallstreetrookieNEW > 2024-06-06 16:00 | Report Abuse

Construction and semicon in one stock. Bruh this is a bargain

Posted by wallstreetrookieNEW > 2024-06-06 16:01 | Report Abuse

OTB recommended to enter KGB WA instead of buying mother shares. Y'all missed out haha

gohkimhock

3,128 posts

Posted by gohkimhock > 2024-06-06 16:57 | Report Abuse

another good volume breakout
another higher high
another all time high closing
all bullish signals recorded
just pending one limit up only.. then it is perfect.

OTB

11,566 posts

Posted by OTB > 2024-06-06 17:14 | Report Abuse

You cannot win all the time.
KGB-WB and YTLPower performed very well in 2024.
I also have my setbacks, 2 of my recommended stocks performed very badly.
Luckily I buy big on YTLPower and KGB-WB in my portfolio, these 2 stocks gained > 200% todate.
Good luck to all.
Thank you.

steven rt

190 posts

Posted by steven rt > 2024-06-06 17:21 | Report Abuse

Mr. Goldberg, your message:


Goldberg KGB to benefit from this massive foundry plant - costing USD 7.8 billion.

NXP, Vanguard to Build $7.8 Billion Singapore Chip Wafer Plant as Tech Firms Hedge Against China

New facility begins construction in second half of 2024.
........................................................................................................
I just want to know, how is this going affect KGB?

troy88

3,031 posts

Posted by troy88 > 2024-06-06 17:23 | Report Abuse

Go up bit by bit is good. No need to limit up to attract kaki goreng and gamblers. I still stick to my prediction early this year that KGB will be one of the star stocks of 2024.

Goldberg

2,916 posts

Posted by Goldberg > 2024-06-06 17:32 | Report Abuse

Hi Steven - Hope this answers your question. cheers.

Kelington to reap the benefits of a diversified business strategy

Kelington Group Bhd is poised to ride the tailwinds of an anticipated semiconductor recovery in 2024 and it is also positioned to continue reaping the benefits of its well-diversified business strategy.

A one-stop facility solution provider of turnkey engineering services from the initial design phase to fabrication and maintenance services, it operates under four core business divisions, namely ultra-high purity (UHP), process engineering, general contracting, and industrial gases.

The group has a strong foothold in Malaysia, China and also Singapore. However, its geographical footprint stretches further to include Australia, the Philippines, Indonesia, Fiji, and New Zealand. Yet, its expansion ambitions do not end there, with plans underway to include Hong Kong and Germany in its portfolio.


KGB is active in Singapore in the semi con /foundry business.


https://www.thestar.com.my/business/business-news/2024/04/27/kelington...

SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-06 22:31 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-06 23:15 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-07 06:01 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-07 06:23 |

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SS13

166 posts

Posted by SS13 > 2024-06-07 08:29 | Report Abuse

An extract from KGB’s announcement:-
“Kelington is pleased to announce that its 90.71% owned subsidiary, Ace Gases Sdn Bhd has on 25 March 2024 commenced the liquid carbon dioxide production with an annual production capacity of up to 70,000 metric tons at the second LCO2 Plant located at Kertih, Terengganu.” The quarter April to June 24 results are going to have this LCO2 plant contribution. KGB is heading towards new highs. A gem of a counter.

SS13

166 posts

Posted by SS13 > 2024-06-07 08:40 | Report Abuse

With its expansion plans and entry into new markets, KGB is on a steady growth path which augurs well for its future profitability. I see a gradual growth in its share price too. Yesterday’s 21 cents jump was a pleasant surprise. Hopefully the momentum is carried through to today to achieve a new high.

SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-07 08:40 |

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Posted by superhappy > 2024-06-07 11:01 | Report Abuse

Soon reaching Rm4

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2024-06-07 22:30 | Report Abuse

Agree, RM4 is just around the corner!!!

SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-08 10:01 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-08 12:11 |

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Goldberg

2,916 posts

Posted by Goldberg > 2024-06-08 12:35 | Report Abuse

@ SS13 - Good information. TQ

KGB's quarter April to June 24 results are going to be impressive from this LCO2 plant contribution.


An extract from KGB’s announcement:-

“Kelington is pleased to announce that its 90.71% owned subsidiary, Ace Gases Sdn Bhd has on 25 March 2024 commenced the liquid carbon dioxide production with an annual production capacity of up to 70,000 metric tons at the second LCO2 Plant located at Kertih, Terengganu.” The quarter April to June 24 results are going to have this LCO2 plant contribution. KGB is heading towards new highs. A gem of a counter.

With its expansion plans and entry into new markets, KGB is on a steady growth path which augurs well for its future profitability.

SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-08 13:01 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-08 13:01 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-08 13:02 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-08 15:29 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-09 10:59 |

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Augustine

186 posts

Posted by Augustine > 2024-06-10 08:48 | Report Abuse

Next journey of KGB, RM4

troy88

3,031 posts

Posted by troy88 > 2024-06-10 11:37 | Report Abuse

No worries stock

TheThird

162 posts

Posted by TheThird > 2024-06-10 19:44 | Report Abuse

Potential new catalyst?
SEDC Energy, Gentari formalise JV to develop Sarawak hydrogen hub.

KGB subsidiary company Ace gasses is involved in Hydrogen production and hydrogen delivery systems.
https://acegases.com/products/hydrogen/#:~:text=At%20Ace%20Gases%2C%20we%20produce,produce%20hydrogen%20and%20carbon%20monoxide.
https://theedgemalaysia.com/node/714848

TheThird

162 posts

Posted by TheThird > 2024-06-10 19:44 | Report Abuse

For those unaware, Gentari is PETRONAS renewable energy arm

SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-11 01:22 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-11 01:25 |

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troy88

3,031 posts

Posted by troy88 > 2024-06-11 16:29 | Report Abuse

Close eyes no need to monitor stock. Can sleep well at night

Augustine

186 posts

Posted by Augustine > 2024-06-11 18:58 | Report Abuse

Same here, troy88. I put KGB in the safe since it was around RM1.50

SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-12 01:12 |

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Posted by superhappy > 2024-06-12 09:46 | Report Abuse

Good morning..Flying to the sky today😄

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2024-06-12 10:44 | Report Abuse

RM5 confirmed!!!

troy88

3,031 posts

Posted by troy88 > 2024-06-12 10:49 | Report Abuse

Once hit RM4 which looks like quite soon, IB will revising TP upwards again likely 4.50 to 5

Posted by supertrader1 > 2024-06-12 10:53 | Report Abuse

Base on lately price movement, there must be some good news coming soon

SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-12 11:52 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-12 20:06 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-13 05:13 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-13 06:09 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-13 23:38 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-13 23:56 |

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faruqie

53 posts

Posted by faruqie > 2024-06-14 14:45 | Report Abuse

too quiet today..haha

SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-15 10:15 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2024-06-15 12:19 |

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