KGW GROUP BERHAD

KLSE (MYR): KGW (0282)

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Last Price

0.19

Today's Change

-0.005 (2.56%)

Day's Change

0.19 - 0.195

Trading Volume

624,500


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513 comment(s). Last comment by depressedtrader 12 hours ago

Posted by tarkus2048 > 2024-06-26 15:37 | Report Abuse

bouncing back off support & ez rebound.. another normal day here

Posted by BuildBackBossku > 2024-06-26 16:34 | Report Abuse

KGW Logistics also provides fast and timely delivery for all your air freight shipments as per needs and requirements of their clients 😉

https://www.freemalaysiatoday.com/category/nation/2024/06/25/govt-to-boost-airport-infrastructure-to-support-chip-sector/

HosayLiu

285 posts

Posted by HosayLiu > 2024-06-27 15:37 | Report Abuse

Today market is sinking into red sea ...dnt get washed out

xSna13

61 posts

Posted by xSna13 > 2024-06-27 16:26 | Report Abuse

KGW having strong support around 0.24, scare what lol

Augustine

177 posts

Posted by Augustine > 2024-06-27 19:09 | Report Abuse

Hold tight because it will deliver impressive results in the second quarter

Ellyn20

71 posts

Posted by Ellyn20 > 2024-06-27 19:25 | Report Abuse

PE ratio is 1250.. How much it will improve in the next quarter?

tomxi88

83 posts

Posted by tomxi88 > 2024-06-28 15:31 | Report Abuse

Test 0.25 resistance then rocket up soon, mark my words

CATSKU

56 posts

Posted by CATSKU > 2024-06-28 15:53 | Report Abuse

Next week break out hehehehe, u guys collect enough?

kahfui1221

398 posts

Posted by kahfui1221 > 2024-06-28 17:05 | Report Abuse

Momentum is back for KGW and next week it's gonna break new high

ChandranG

367 posts

Posted by ChandranG > 2024-06-28 17:32 | Report Abuse

Resistance has been broke. Next stop 30 cents 🤗

Posted by BuildBackBossku > 2024-07-01 14:07 | Report Abuse

Singapore, the world’s second-largest container port, has seen particularly severe congestion in recent weeks. Logistic costs will continue to rise

https://www.marinelink.com/blogs/blog/singapore-congestion-at-port-shows-ripple-effect-of-red-sea-101181#:~:text=The%20congestion%20at%20Singapore's%20container,other%20Asian%20and%20European%20port.

Schwoosh

31 posts

Posted by Schwoosh > 2024-07-01 15:27 | Report Abuse

Momentum up!

Posted by depressedtrader > 2024-07-01 16:00 | Report Abuse

Strong momentum today, close green then price stable

Posted by tarkus2048 > 2024-07-01 16:35 | Report Abuse

KGW already bounce back off support and keep going up, lets go!

Posted by jomvalueinvest2 > 2024-07-01 17:50 | Report Abuse

I believe the company will be able to deliver stellar performance in Q2

ChandranG

367 posts

Posted by ChandranG > 2024-07-02 15:46 | Report Abuse

Global port congestion reaches 18-month high, with 60% of ships waiting to berth located in Asia !

xSna13

61 posts

Posted by xSna13 > 2024-07-02 15:57 | Report Abuse

KGW touching 0.30 this week 🙏 Big breakout coming!

Posted by SuperTrump69 > 2024-07-02 16:25 | Report Abuse

not so soon, need more volume for push up

kahfui1221

398 posts

Posted by kahfui1221 > 2024-07-02 18:38 | Report Abuse

KGW is riding on the rising freight rates 🚀

HosayLiu

285 posts

Posted by HosayLiu > 2 months ago | Report Abuse

It has breached the MYR0.255 resistance to form a fresh “higher high” bullish candlestick. TP 1: MYR0.30, followed by TP 2 MYR0.34 for short-term trading

Posted by BuildBackBossku > 2 months ago | Report Abuse

Follow the technical analysis from RHB to do some trades 😉

CATSKU

56 posts

Posted by CATSKU > 2 months ago | Report Abuse

Rhb buycall. Volume is rising in tandem with the share price, suggesting that strong bullish momentum is underway. Based on the momentum, the counter is setting its sights on the next resistance at MYR0.30, followed by MYR0.34. However, a fall below the MYR0.215 support would negate the bullish setup.

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

Ocean freight rates continue their upward trajectory in July, showing no signs of abating due to the ongoing supply crunch. Positive impact for KGW 📈

https://klse.i3investor.com/web/blog/detail/hleresearch/2024-07-04-story-h-157855407-Technical_tracker_HLIB_Retail_Research_ndash_04_July_2024#:~:text=Ocean%20freight%20rates%20continue%20their,attacks%20in%20the%20Red%20Sea.

tomxi88

83 posts

Posted by tomxi88 > 2 months ago | Report Abuse

No biggies, with freight rates increase next quarter should be another big profit for KGW

tomxi88

83 posts

Posted by tomxi88 > 2 months ago | Report Abuse

Heading to 0.33 soon!

Augustine

177 posts

Posted by Augustine > 2 months ago | Report Abuse

Given that freight rates have been increasing since the first quarter of 2024, rising from USD 4-5k to the current USD 10k, KGW is expected to report strong sequential earnings in the second and third quarters of FY 2024

Posted by BuildBackBossku > 2 months ago | Report Abuse

https://www.sinchew.com.my/news/20240704/finance/5737581

KGW's engines are heated and it is ready to surge above 30 cents

Posted by depressedtrader > 2 months ago | Report Abuse

Bullish for KGW with current situation in Red Sea, once hit 0.30 then 0.33 next

Posted by tarkus2048 > 2 months ago | Report Abuse

KGW move from 0.25 to 0.28, bullish for sure!

HosayLiu

285 posts

Posted by HosayLiu > 2 months ago | Report Abuse

Logistic wave is happening. Get on board quickly before it goes up any further 😁

ChandranG

367 posts

Posted by ChandranG > 2 months ago | Report Abuse

Surveys show that Malaysia-US shipping prices have exceeded the $10,000 mark, and a new round of price increases will take effect on July 15, compared to the peak season of $20,000 before the epidemic

xSna13

61 posts

Posted by xSna13 > 2 months ago | Report Abuse

no problem, healthy retracement je - buy on weakness, next resistance 0.28

Posted by BuildBackBossku > 2 months ago | Report Abuse

KGW will benefit from the ROUGH RED SEA 😉

Posted by SuperTrump69 > 2 months ago | Report Abuse

KGW strength already showing up for some time, tmr ez rebound back

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

Currently, the surcharge for a 20-foot (5.89m) container is RM500 and the surcharge for a 40-foot (12.02m) container is RM1,000

https://www.thestar.com.my/news/nation/2024/07/09/logistics-council-to-implement-measures-to-resolve-congestion-surcharge

CATSKU

56 posts

Posted by CATSKU > 2 months ago | Report Abuse

Logistic cost getting higher.. ez profits for KGW

tomxi88

83 posts

Posted by tomxi88 > 2 months ago | Report Abuse

yea, with freight rates increase next quarter should be another great performance

HosayLiu

285 posts

Posted by HosayLiu > 2 months ago | Report Abuse

Its second quarter revenue will hit a record high, I am pretty sure

ChandranG

367 posts

Posted by ChandranG > 2 months ago | Report Abuse

KGW did really rebound as anticipated. Awesome 🤗 Hold tight, guys

Posted by depressedtrader > 2 months ago | Report Abuse

Red sea situation is happening... more opportunity for KGW...

Posted by tarkus2048 > 2 months ago | Report Abuse

0.28 wall hard to break

Augustine

177 posts

Posted by Augustine > 2 months ago | Report Abuse

Easy to break. Only 2 cents more to break it

kahfui1221

398 posts

Posted by kahfui1221 > 2 months ago | Report Abuse

Kgw is in the process of forming a Higher High pattern and is expected to rise further to above 30 to 33 sen after a short-term correction

kahfui1221

398 posts

Posted by kahfui1221 > 2 months ago | Report Abuse

take this opportunity to collect before it passes through 30 sen

xSna13

61 posts

Posted by xSna13 > 2 months ago | Report Abuse

KGW clearing 28 wall slowly, almost see the light of the tunnel

Posted by SuperTrump69 > 2 months ago | Report Abuse

KGW is poised to extend its upside movement after climbing above the resistance level with strong volume. The counter has breached the MYR0.255 resistance to form a fresh “higher high” bullish candlestick. Volume is rising in tandem with the share price, suggesting that strong bullish momentum is underway. Based on the momentum, the counter is setting its sights on the next resistance at MYR0.30, followed by MYR0.34. However, a fall below the MYR0.215 support would negate the bullish setup.

HosayLiu

285 posts

Posted by HosayLiu > 2 months ago | Report Abuse

Strong momentum today 🔥🔥🔥 It probably can breach 0.30 sooner or later

CATSKU

56 posts

Posted by CATSKU > 2 months ago | Report Abuse

Ini kalilah, breakout week for KGW !

tomxi88

83 posts

Posted by tomxi88 > 2 months ago | Report Abuse

Tmr continue push & test 0.30 - KGW market cap still lower than its peers

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

Once it breaks 30 cents, it will achieve HLIB's TP

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