Posted by xuxu > 2024-08-15 10:46 | Report Abuse

patiently wait for RM 3 +++++

Posted by DatukYong > 2024-08-15 18:10 | Report Abuse

Wow, good qr result

Posted by DatukYong > 2024-08-15 18:22 | Report Abuse

I keep my ipo share until now, no Rm5 no sell

Posted by Goldberg > 2024-08-15 18:23 | Report Abuse

Excellent quarter results. 3 sen divvy per share. Wow.
TP of RM 3.80 by year end - no problem.

Posted by loonisback > 2024-08-15 19:03 | Report Abuse

nicee dividend

Posted by Goldberg > 2024-08-15 19:52 | Report Abuse

Keyfield more than doubles 2Q net profit, flags upcycle amid tight supply

theedgemalaysia.com

15 Aug 2024, 07:33 pm


KUALA LUMPUR (Aug 15): Oil and gas services firm Keyfield International Bhd (KL:KEYFIELD) more than doubled its net profit in the second quarter and flagged an industry upcycle amid tight supply of vessels servicing the industry.

The average daily charter rates were higher in the April-June quarter (2QFY2024) when compared to the same quarter last year, Keyfield said in an exchange filing. The company’s accommodation vessels were also busier with an increase in the number of chartered days and utilisation rate, Keyfield noted.

Net profit for 2QFY2024 was RM70.04 million compared to RM30.16 million over the same period a year earlier. The company would have booked a net profit of RM77.1 million after adding back non-cash share option expenses and non-recurring listing expenses and accretion of interest on preference shares.

Revenue for the quarter surged 87% year-on-year to RM198.98 million from RM106.56 million. The number of chartered days for its own vessels in 2QFY2024 was 970 days with utilisation rate of 96.9% versus 2QFY2023’s 808 days and utilisation rate of 93.8%.

Keyfield International Bhd CEO Datuk Darren Kee said the company has fully repaid its bank borrowings and they can leverage on their current debt-free balance sheet to further enhance returns to our shareholders while remaining vigilant and dedicated in managing their fleet and operations prudently.

Posted by xuxu > 2024-08-16 08:40 | Report Abuse

RM3 sapsapsui hehe

Posted by troy88 > 2024-08-16 09:02 | Report Abuse

Damn solid QR. Well done Keyfield!

Posted by troy88 > 2024-08-16 10:01 | Report Abuse

One of the underrated gem stocks of 2024. Potential for much more upside medium to long term. Expect a new TP to be upgraded by IBs soon..

Posted by jayjerung > 2024-08-16 10:46 | Report Abuse

RM 3 by end of august.good luck

Posted by jenson68 > 2024-08-18 12:38 | Report Abuse

Hidden gem !!

Posted by tarkus2048 > 2024-08-20 16:31 | Report Abuse

buy on weakness

Posted by Xienry > 2024-08-20 16:45 | Report Abuse

dip is here

Posted by xuxu > 2024-08-22 11:57 | Report Abuse

qr good price down ! what the market

Posted by cosmic95 > 2024-08-22 12:05 | Report Abuse

strange to see, good QR, got dividend, but price down.

Posted by troy88 > 2024-08-22 16:10 | Report Abuse

Market has gone insane

Posted by 007007 > 2024-08-24 18:49 | Report Abuse

Yes the market has gone insane. That provides an opportunity. Market will not be insane forever.

Posted by Zikir95 > 2024-08-26 12:05 | Report Abuse

Sedang cari kesempatan utk kutip saham ni pd harga yg rendah 🙂

Posted by pang72 > 2024-09-04 15:43 | Report Abuse

xuxu

qr good price down ! what the market

1 week ago

Notion is the similarity of KEYFIELD.
Good QR but crashing. Maybe, same goreng group inside

Posted by johorbaru > 2024-09-04 16:11 | Report Abuse

Keyfield sememangnya sedang berkembang dengan baik. Yakin ia boleh meneruskannya. Terdapat satu lagi syarikat OSV yang juga berkembang dengan baik . Tetapi ia didagangkan pada sebahagian kecil daripada penilaian. Ini adalah Nam Cheong. Listed SGX. Adakah anda bersetuju?

NAM CHEONG +100% IN 2 MONTHS
https://www.nextinsight.net/story-archive-mainmenu-60/947-2024/15808-stock-jumps-100-in-2-months-as-1h-results-point-to-low-valuation

Posted by spsampah > 2024-09-04 17:36 | Report Abuse

Nam Cheong should come and list in Bursa. PE immediately becomes 8x and above!

Posted by Xienry > 2024-09-04 19:59 | Report Abuse

support keyfeild...

Posted by 007007 > 2024-09-05 10:24 | Report Abuse

If you sell Keyfield you are guaranteed to make money. Very poor fundamentals.

Posted by 007007 > 2024-09-05 11:51 | Report Abuse

It's only worth RM 1.20.

Posted by 007007 > 2024-09-05 12:03 | Report Abuse

Bad news coming. Sell.

Posted by YieldSeeker > 2024-09-05 17:38 | Report Abuse

What will be the bad news ? ? ?

Posted by xuxu > 2024-09-05 17:42 | Report Abuse

Pang72 bro this is a good stock, no worries. always cover back during closing hehe

Posted by xuxu > 2024-09-10 15:20 | Report Abuse

Momentum changed to drop 10 cts everyday hehe

Posted by sten_still > 2024-09-10 16:05 | Report Abuse

no bad news, just O&G prices play. impact will be on reduce the margin for keyfield can be qoute. that's it

Posted by sten_still > 2024-09-10 20:00 | Report Abuse

as long as keyfield steady growth rate like recently. surely the current price is very attractive

Posted by 007007 > 2024-09-11 09:47 | Report Abuse

This stock is worth 90 sen only.

Posted by tarkus2048 > 2024-09-13 14:35 | Report Abuse

Come back friday

Posted by WongCapital > 2024-09-19 15:38 | Report Abuse

Kenanga really confident up TP everytime....Not suprising bcos good company...easily can go above 3.00

Posted by tarkus2048 > 2024-09-20 18:19 | Report Abuse

Easy come back

Posted by YieldSeeker > 2024-09-26 11:39 | Report Abuse

Nice, Keyfield shares spike to one-month high after new work orders

https://theedgemalaysia.com/node/728039

Posted by faridfet > 2024-09-28 23:05 | Report Abuse

Daily charter rates will continue to trend upwards in the local OSV market, as supply remains tight, while client demand continue..

Posted by Xienry > 2024-09-30 16:46 | Report Abuse

continue monitor this week

Posted by YieldSeeker > 2024-10-01 20:19 | Report Abuse

Looks like we can collect it if it falls through RM2

Posted by YieldSeeker > 2 months ago | Report Abuse

Keyfield International files RM1b sukuk !
https://themalaysianreserve.com/2024/10/23/keyfield-international-files-rm1b-sukuk/#google_vignette

Posted by i7investors > 2 months ago | Report Abuse

dato' & datin buy

Posted by YieldSeeker > 2 months ago | Report Abuse

Let's follow them buy 😁

Posted by troy88 > 2 months ago | Report Abuse

Another very strong QR yet again but market not giving it the valuation it deserves. Bursa is a shameful market.

Posted by WongCapital > 2 months ago | Report Abuse

Only in bursa, fundamental and technical are jokes only. If kwsp/kwap/pnb/th dont buy then nothing can go up. Only go down

Posted by padriklucena > 2 months ago | Report Abuse

Best Time To Invest here... Go for it

Posted by YieldSeeker > 1 month ago | Report Abuse

Directors are buying. What are we waiting for ? 😁

Posted by kfbusjd > 1 month ago | Report Abuse

Not the share not good. But after Serba case now investor more aware to this kind of stock. Same high eps, receivables keep going up, higher and higher liabilities, pay high dividend but at the same time raise fund. Logically, the company should have healthy cash flow before pay high dividend to shareholders.

Posted by Plantermen > 1 month ago | Report Abuse

Last few trading days interest & focus on gloves. O&G sidelined

Posted by YieldSeeker > 1 month ago | Report Abuse

O&G is cyclical, so are gloves 🙂

Posted by johorbaru > 3 weeks ago | Report Abuse

2 good OSV players present opportunity for investors:

Keyfield with its solid cashflow --> dividends 😀
Nam Cheong with its huge discounted valuation --> PE of only 3X. 😀

This article shows the metrics of the 2 side by side:

NAM CHEONG: Demand is strong, supply is constrained. Things have not been this good for this company in a long while

https://www.nextinsight.net/story-archive-mainmenu-60/947-2024/15914-demand-is-strong-supply-is-constrained-things-have-not-been-this-good-for-this-company-in-a-long-while

Posted by YieldSeeker > 2 weeks ago | Report Abuse

Wonder who will be the buyer of this Sukuk ...

https://www.thestar.com.my/business/business-news/2024/12/27/keyfield-issues-maiden-rm200mil-sukuk-wakalah