Posted by gemfinder > 2021-01-14 14:05 | Report Abuse

yahhooo. huat ah

Posted by dawchok > 2021-01-14 16:02 | Report Abuse

Semi con has moved significantly since last year. Hopefully the momentum continues for another 50% this year. Majority part of my portfolio is in semi con and related industry. Cheers!!!

Posted by dolphin8838 > 2021-01-15 11:18 | Report Abuse

Yes, break-out as anticipated yesterday.

Posted by gemfinder > 2021-01-15 11:28 | Report Abuse

yahoo. c u at 2.50

Posted by dawchok > 2021-01-15 11:55 | Report Abuse

Congratulation!!! You have found a gem.

Posted by Gabriel Khoo > 2021-01-15 11:58 | Report Abuse

Rm3.5

Posted by dawchok > 2021-01-15 12:01 | Report Abuse

RM3.5, really ??? Then "cannot finish eating"... ha ha

Posted by Gabriel Khoo > 2021-01-15 14:38 | Report Abuse

2

Posted by Leonggg > 2021-01-15 14:52 | Report Abuse

Semiconductor (2021) + Dry Ice (Vaccine around Feb-April)

KGB all in

Posted by t_nike2002 > 2021-01-15 14:57 | Report Abuse

Lots of selling volumes waiting

Posted by t_nike2002 > 2021-01-15 15:11 | Report Abuse

someone is offloading to retail investor bits by bits

Posted by LimitupLimitDown > 2021-01-15 15:38 | Report Abuse

careful guys

Posted by dolphin8838 > 2021-01-15 15:39 | Report Abuse

price @ 2.00, last 800K units walloped in seconds. wonder who did it ?

Posted by dawchok > 2021-01-15 16:12 | Report Abuse

Quiet quiet counting the paper profit. Want to be rich, big heart is needed. Greedy sometime is good.

Posted by Leonggg > 2021-01-15 16:16 | Report Abuse

@dawchok @Nepo any comments? hehe

Learn quite some stuff from both of you, thanks tho

Posted by Nepo > 2021-01-15 18:02 | Report Abuse

@Leonggg, My opinion is uptrend is quite obvious, but short term is overbought and may facing correction...

Mid to long term still remain promising.

I will top up some during correction..

Posted by anthonytkh > 2021-01-15 18:29 | Report Abuse

The RSI almost mirror the price. However the RSI peak was on 16/11. Even the past few days of rise as well as hitting new high today, the RSI currently is still below the 16/11 peak

Overbought imo. Wanted to go in yesterday but didn’t coz volume hasn’t been high enough for me personally. Will watch

Posted by dawchok > 2021-01-15 21:30 | Report Abuse

Leong : i have few assumptions:
Write back the 3.2 mil forex loss as it is a non operational loss, Q320 eps is 2.5cts. Annualize eps 2.5x4 = 10cts.
5 yrs CAGR till Dec19 = 36%. Q3 yoy growth=29%. Bright growth prospect from China, Taiwan, MNC in Penang. Thus I give KGB PE=30.
TP=PE30*eps10=RM3.00.
Give 20% discount for safety margin, TP=RM3x80%=RM2.40. Cheers!!!

Posted by dawchok > 2021-01-15 21:31 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2411585.html
Biz opportunity for KGB in Taiwan.

Posted by Leonggg > 2021-01-16 03:44 | Report Abuse

Thanks @dawhock @Nepo for the comments. I agreed on what you guys have commented. Always get to learn something from you guys regarding this stock.

Semiconductor (2021) Dry Ice (Vaccine arnd Feb-April) Joe Biden inauguration (20th January)

KGB all in

Posted by dawchok > 2021-01-17 15:02 | Report Abuse

May take a look at VS besides KGB. I bet for big there too.

Posted by Leonggg > 2021-01-18 00:36 | Report Abuse

Noted @dawhock thanks again.

Posted by gemfinder > 2021-01-18 17:15 | Report Abuse

c u at 2.80

Posted by Gabriel Khoo > 2021-01-18 18:20 | Report Abuse

Dont forget my 3.5 lol

Posted by Gabriel Khoo > 2021-01-18 18:58 | Report Abuse

Kelington’s orderbook hits RM490m with new RM118m contracts | https://www.klsescreener.com/v2/news/view/779747

Posted by gemfinder > 2021-01-18 22:39 | Report Abuse

Make itc4

Posted by Gabriel Khoo > 2021-01-19 08:10 | Report Abuse

In our recently meeting with Kelington Group, we noted that SMIC is still rushing the group to speed up on the delivery and hinted of more UHP-related jobs to be awarded in 2021.

Posted by INVEST_AA > 2021-01-19 11:52 | Report Abuse

https://www.klsescreener.com/v2/news/view/779997/kelington-s-total-new-orders-for-fy20-hits-all-time-high


Kelington’s total new orders for FY20 hits all-time high
TheStar Tue, Jan 19, 2021


Chief executive officer Raymond Gan said the company remained resilient during the unprecedented year, supported by a STRONG pipeline of project orders.

PETALING JAYA: Integrated engineering solutions provider, Kelington Group Bhd, has clinched several new contracts amounting to RM118mil in the fourth quarter of 2020 (Q4).

In a statement, the company said the new contract wins lifted Kelington’s total new orders in financial year 2020 to RM490mil, hitting a new ALL-TIME high of total new orders secured and surpassing last year’s record of RM386mil.

“The majority of the new orders secured were from the Ultra High Purity (UHP) segment, accounting for about 60% of the total, from across China, Malaysia and Singapore. More than one-third of the new orders secured was awarded by the LARGEST SEMICONDUCTOR FOUNDRY company in China, ” it said.

Chief executive officer Raymond Gan said the company remained resilient during the unprecedented year, supported by a STRONG pipeline of project orders.

“The recovery of the semiconductor industry has been encouraging, and we are seeing the resumption of project orders from Malaysia and Singapore for our UHP and Process Engineering division.

“Despite the fluid economic landscape, our project flow from China was doing relatively well, and contributed approximately 35% of total new orders secured in Q4, as our MAJOR SEMICONDUCTOR CLIENT CONTINUES TO EXPAND ITS OPERATIONS, ” he said.

He said the company was POSITIVE that the UPWARD momentum will CONTINUE in 2021, as semiconductor and electrical and electronic industry players were gradually RAMPING UP their operations to get back on track for EXPANSION.

Meanwhile, Gan said the group’s industrial gases operations have normalised with production volume being resumed to the previous level. However, following the recent announcement on the second movement control order or MCO, it is cautiously optimistic on the pace of sales orders.

“We do not foresee a similar decline in demand for our liquid carbon dioxide such like the first MCO as most of our major end-users such as industry players from construction, manufacturing, etc, are permitted to operate this time around, ” he added.

Posted by INVEST_AA > 2021-01-19 12:04 | Report Abuse

Opportunity to collect when its down...

Posted by dawchok > 2021-01-19 13:55 | Report Abuse

New contracts support visibility of growth prospect. Die die hold KGB till TP2.40-3.50.

Posted by INVEST_AA > 2021-01-19 15:04 | Report Abuse

It will rocket UP further.. just that today most tech/ semicon related are taking a breather...

Posted by INVEST_AA > 2021-01-19 15:08 | Report Abuse

Two areas of their business are getting me very confident of their future outlook:

- More projects from the LARGEST SEMICONDUCTOR FOUNDRY company in China..

- And huge Dry Ice potential business from upcoming vaccine transportation via its industrial gases segment...

These two businesses will surely increase their sales n profit substantially from Qtr to Qtr,... wait n see..

Posted by INVEST_AA > 2021-01-19 15:09 | Report Abuse

It's just a perfect combination of businesses in this current situation

Posted by dawchok > 2021-01-19 15:45 | Report Abuse

AA : I can not find the data. Do you know how much does dry ice biz contribute to the net profit in a year ?

Posted by INVEST_AA > 2021-01-19 16:06 | Report Abuse

Its parked under its under industrial gas division which accounted for about 7% of its 3Q2020 revenue (Vs. 1% in 3Q2019)... its on growing trend and hence there is substantial upside for the company

Posted by INVEST_AA > 2021-01-19 16:08 | Report Abuse

Their 3Q report doesn't provide profit by segments

Posted by PGOne (Pure Goreng One) > 2021-01-19 17:15 | Report Abuse

Join some, RM 4 woohoo power of SMIC

Posted by dawchok > 2021-01-19 17:20 | Report Abuse

AA: tq.

Posted by Gabriel Khoo > 2021-01-19 18:05 | Report Abuse

4 skid tanks are ready for export....co2

Posted by LOLANTO > 2021-01-19 19:16 | Report Abuse

ok, all in

Posted by Nepo > 2021-01-20 08:48 | Report Abuse

don't all in..sikit sikit accumulate..short-term risky..may stick at HIGH price
One of the director just unloading RM1.89, 100,000 shares on 14 Jan 2021..

Qoute
News on 18 Jan 2021
Kelington: Secures RM118m new contracts in 4Q 2020, fullyear deals hit record high RM490m. Kelington Group has clinched several new contracts amounting to RM118m in the 4Q20, lifting its total new orders in FY20 to RM490m, a new alltime high, surpassing the previous year’s record of RM386m. Kelington CEO Raymond Gan said it remained resilient during the unprecedented year supported by a strong pipeline of project orders. (SunBiz)..

Short-term may face correction due to the news materialized..

Posted by dawchok > 2021-01-20 09:16 | Report Abuse

20Jan2021: LCO2 plant’s utilisation recently picked up from 50% to 100% 
29Jan2020: LCO2 further expansion should its existing plant capacity reach 80% utilization.
LCO2 : margin >30%.
Nov2019: expect 30% contribution to revenue within 3 - 5 years.

Hidden gem from LCO2 let alone the very bright prospect of its core UHP.

Die die hold.

Posted by Gabriel Khoo > 2021-01-20 09:17 | Report Abuse

Upgrade TP to RM3.10 (55% upside). After a very positive meeting with the management, we believe that FY21 could see yet another year of record high orders, building upon the RM490m all-time high order secured in FY20. SMIC has continued to award more jobs with the latest one secured in Dec 2020. Existing SMIC jobs at hand will keep the group busy till June, excluding on-going 2021 tenders. Being the incumbent, we believe KGB has the advantage in winning the 2021 bids which will consist of UHP hook-up in all four SMIC fabs. Its LCO2 plant’s utilisation recently picked up from 50% to 100% due to strong demand from Singapore, leading to higher ASP. Halal certification for its LCO2 is expected to be secured in a month’s time, facilitating its plan to penetrate the food and beverage segment. Hence, we believe there is room for more ASP hikes.

Posted by Gabriel Khoo > 2021-01-20 09:21 | Report Abuse

Ops. Kenanga tp so close to my tp of 3.5

Posted by INVEST_AA > 2021-01-20 09:47 | Report Abuse

Just collect and hold... more beautiful results coming out in the future...

Posted by dusti > 2021-01-20 10:17 | Report Abuse

Why did insider SELL?

Posted by INVEST_AA > 2021-01-20 10:29 | Report Abuse

Why u worry with such little insider sell? Just 100K shares... y worry?

Posted by INVEST_AA > 2021-01-20 10:31 | Report Abuse

Maybe the mgt needs money to buy new mercedes etc and dont want to take loan

Posted by INVEST_AA > 2021-01-20 10:31 | Report Abuse

TP 3.10 - 3.50...

Posted by dawchok > 2021-01-20 10:52 | Report Abuse

AA: You "cannot finish eating". Congratulations. Let's challenge ourselves to see who have the most patient till 3.50.