Tanfooxuan. It is just your unicorn rainbow pride dream of KAB going to fly without any substance or solid proof. This KAB counter surviving because of this few person like you giving false narrative. Start giving honest advise can or not?
Adui...I'm not as influential as you think lah Johnadami, investors here wasn't born yesterday, you think people just read the comment here and then buy KAB? Don't so judgmental, take a closer look at their Annual Report and QR okay
Tanfooxuan. You just answered everyone question on why majority and well-versed trader not buy KAB share. What KAB do currently is just marketing. Not a real project that producing income and return to the investor.
okay okay, only you are doing the real project dude. Please lah, just marketing hahaha, how dare you said that, I bet you not read even 1 page of their Annual report & quarter report if you lazy, just check their website
Every business transition requires time, i think they are in the right direction securing new prospects and expanding their SES segement. With all the policy tailwinds, seems like they are well prepared to ride it.
Their recent results prove the financial viability of their projects. If this trend continues, they will have secured stable earnings for the long term. Recurring earnings+ESG= Positive upside
Relax, it's a transition period for this company as it had transformed from a typical M&E company (mechanical and engineering) to a energy solutions company, with exposure to biogas, gas-fire, solar, mini-hydropower assets and also the first non-bumi Malaysian company to have a joint-stake with Petronas on power generation asset
Kinergy Advancement: Posts highest quarterly profit since listing, boosted by sustainable energy solutions. Kinergy Advancement (KAB)’s net profit jumped 19-fold to RM20.36m for the third quarter ended Sept 30, 2023 (3QFY23), its highest quarterly profit since listing in 2017, against RM1.05m in the previous year’s corresponding quarter. Boosted by the strong sustainable energy solutions (SES) business, operating profit also increased more than 90-fold to RM21.32m from RM219,000 while revenue more than tripled to RM12.88m from RM3.63m, due to higher tariffs, contributions from new projects and a gain from the acquisition of a mini-hydropower plant PT Inpola Mitra Elektrindo.
As at end September, KAB’s total order book stood at RM911 million, comprising RM751 million for SES and RM160 million for the mechanical and electrical engineering segment. It has strong order books which allow the company to maintain good performance for more than 2 years
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Posted by Johnadami > 2023-09-15 18:23 | Report Abuse
Highest in the past 10 month?🤦🤦🤦 To everyone. Kington pay many cyber trooper in i3. Be careful.