SEE_Research

Malaysia's help needed to ease global chip shortage, Taiwan says
Ben Blanchard, Yimou Lee & Jeanny Kao
/
Reuters

October 01, 2021 16:14 pm +08



TAIPEI (Oct 1): Malaysia's help is needed to resolve the global shortage of auto semiconductors, especially when it comes to packaging, a sector affected by the country's Covid-19 curbs, Taiwan Economy Minister Wang Mei-hua said.

Taiwan, as a major chip producer, has been front and centre of efforts to resolve the shortage, which has idled auto plants around the world.

Speaking in an interview late on Thursday at her ministry, Wang told Reuters that Taiwan alone could not sort out the problem because the supply chain is so complex.

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"The bottleneck in fact is in Southeast Asia, especially Malaysia, because for a while the factories were all shut down," she said.

The problem was especially acute with auto chip packaging, with companies in Malaysia providing services not offered by Taiwanese firms, Wang added.

"Now the focus is on Malaysia resuming production as soon as possible. I know that Malaysia started to restore production capacity in early September, and now the production capacity has returned to about 80%, so if their capacity can slowly come back, this problem can be slowly dealt with."

Malaysia is home to suppliers and factories serving semiconductor makers such as Europe's STMicroelectronics and Infineon, as well as major carmakers including Toyota Motor Corp and Ford Motor Co.

Malaysia Semiconductor Industry Association President Wong Siew Hai said that the major Malaysian semiconductor manufacturers are already running at full capacity to supply the auto industry.

"For the automotive chips, they are doing their best to ship as much as possible, but the current capacity cannot meet demand because it's too huge, the build-up is a lot," he said. "Everything is at 100% to satisfy the demand for automotive parts. Where they can increase productivity, they're already doing so."

Adding capacity will take time, with most available only next year, Wong said.

Malaysia accounts for 13% of global chip packaging and testing, and 7% of the world's semiconductor trade passes through the country, with some value added at local factories and chips getting combined with other parts before final shipment.

The White House pressed automakers, chip companies and others last month to provide information on the semiconductor crisis.

Speaking to reporters on Friday, Wang reiterated the United States was not targeting Taiwanese firms and was voluntary, while Washington had assured Taipei that no sensitive information would be leaked.

If firms need help, the government will provide it, she added.

Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, said it would tell the government if any help was required.

===================================
Remarks

From : SEE_RESEARCH

(a) SMIC is one of top regular ; repeated customer of Kelington Group Berhad
( b ) TSMC is one of top regular ; repeated customer of Kelington Group Berhad

SMIC = Semiconductor Manufacturing International
Corporation, China

TSMC = Taiwan Semiconductor Manufacturing International Corporation, Taiwan

2021-10-01 22:52

SEE_Research

SEE_Research

TO :keng88 Next year kgb revenue and profit x2 up
02/10/2021 2:44 PM
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
TO : keng88 Next year TP 3.00 - 4.00

==========================================================================

1. Fully agreed with you , by September 2022 , this hidden jewel KGB/ 0151 will be well polished into a real GEM ,
will be over RM 5.00 , with WB reaching RM 3.00
03/10/2021 9:53 AM

2021-10-03 09:56

SEE_Research

To : Eagle Group members for your own good

Are you still blur , blur , BLUR
on the huge potential for
KGB/ 0151 to be the next hidden jewel for the dynamics growth of sales revenue that will translates into
EPS for the KGB / 0151 into the star in the " Technology Sector " in KLSE.

Repeated customers for KGB
1. SMIC
2. TSMC
3. Stolt
4. Micron , Singapore
5. Western Digital, Selangor , Sarawak , Malaysia
6. Lam Research Singapore Pte. Ltd. , Singapore

7. Others


==================================

Remarks

( i ) The above mentioned customers are by itself ; world class companies that are clear leaders in their fields.

( ii ) Stolt is a world class conglomerate of huge storage tanks for chemicals; ships tankers moving the various chemical into final destination ports .

2021-10-03 09:59

SEE_Research

https://www.youtube.com/watch?v=iYcJ1OBIDuI

2021-10-03 10:07

SEE_Research

https://youtu.be/m8jTOj2pEf8

2021-10-03 10:09

SEE_Research

https://youtu.be/9tNu0G7L8Ps

2021-10-03 10:10

SEE_Research

https://youtu.be/MpuyjK2lhXE

2021-10-03 10:13

SEE_Research

https://youtu.be/aL_kzMlqgt4

2021-10-03 10:17

SEE_Research

https://youtu.be/m8jTOj2pEf8

2021-10-03 10:25

SEE_Research

https://klse.i3investor.com/blogs/see_research/2021-10-04-story-h1591875999-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_PART_13_SUPER_BULL_STOCKS_.jsp

2021-10-04 07:12

156563

套利了 炒完了 没戏了

2021-10-04 20:23

DJThong

SEE Research why is it blur blur blur. What happened to your conviction?

2021-10-05 00:26

SEE_Research

SEE_Research TO : keng88 没跌那里有机会买便宜，长期KGB是看涨股，只是最近会被美股影响。
04/10/2021 10:36 PM

There is a chance to buy cheaper if it hasn't fallen. The long-term KGB is a bullish stock, but it will be affected by US stocks recently.

1. keng88 , do you mean ,
'' The long-term KGB is a bullish stock, but it will be affected by US stocks recently. ''
Yes , because the impending fear of US Nasdaq : correction downwards affect this KGB ,
the fear seem so real.
But , it is only the fear factor , the prices will subsequently adjust upwards again.

======================================================================================================================================================

2. To : Start_0f_the_bull 156563 下午小心点
04/10/2021 12:40 PM
Already warning earlier.

3. Do you mean " Be careful this afternoon "

So what kind of warning , obviously the share prices are not stagnant whereby the prices do fluctuate either up or down , in the mid term it is a up trending stock with the relevant target price is achievable RM 2.50 for KGB / 0151 by Kenanga Investment Bank , Malaysia .

==========================================================================
TO : DJThong

SEE Research why is it blur blur blur. What happened to your conviction?

4. Nothing happen to me , but more on you , the fear is so overwhelming to you .


So what kind of warning , obviously the share prices are not stagnant whereby the prices do fluctuate either up or down , in the mid term it is a up trending stock with the relevant target price is achievable RM 2.50 for KGB / 0151 by Kenanga Investment Bank , Malaysia .

2021-10-05 01:07

DJThong

Blur blur blur

2021-10-05 10:43

SEE_Research

SEE_Research TO : DJThong

Blur blur blur

=========================================================================

1. When you are feeling the anxiety phobia , it will be wise for you to exit , the door is wide for you to exit ,
to run ,
as no one is stopping you for exiting.

Do not be blur , blur , BLUR.
05/10/2021 10:46 AM

2021-10-05 10:49

smartinvest123

Round 1: 0.40 to 1.09, Round 2: 0.85 to 1.90

2021-10-05 14:00

smartinvest123

directors last entered around 0.85 use that as a entry guide

2021-10-05 14:05

MAGNET02

DJThong, good advice given to u by SEE_R; if fearful, can exit anytime. Do not ridicule solid research done. Buy n sell is your own decision. Wish all investors good harvest.

2021-10-05 21:07

SEE_Research

===========================================================================

https://klse.i3investor.com/blogs/see_research/2021-10-06-story-h15919...

===========================================================================

https://klse.i3investor.com/blogs/see_research/2021-10-06-story-h15919...

2021-10-06 01:19

DJThong

Magnet02
Blur blur blur

2021-10-06 18:52

SEE_Research

SEE_Research Kelington Group - Seals 100% Win Rate
Author: kiasutrader | Publish date: Wed, 6 Oct 2021, 9:18 AM

KGB extends its winning streak, securing its third job award from the world’s third largest semiconductor wafer foundry player. This job is worth RM40m, for the supply of an abatement system in the foundry’s upcoming wafer fab in Singapore.

All three awards totalled to RM134m, representing a 100% win rate

from this customer

GlobalFoundries Inc. (GF) which is slated



for an



IPO on Nasdaq Stock Exchange by year-end.

=======================================================================

GlobalFoundries Inc. (GF) is an American multinational semiconductor contract manufacturing and design company headquartered in Malta, New York.[4] GlobalFoundries was created by the divestiture of the manufacturing arm of Advanced Micro Devices (AMD) and is currently privately owned by Mubadala Investment Company the sovereign wealth fund of the United Arab Emirates.

Thomas Caulfield the chief executive officer (CEO) declared that GlobalFoundries plans to become a publicly traded company in 2022.[5] GlobalFoundries plans to list under the ticker "GFS" on the Nasdaq and submitted an initial public offering (IPO) filing to the U.S. Securities and Exchange Commission.[6]

=======================================================================

This brings YTD job wins to a new high of RM841m while its order-book hits a record RM979m.



KGB remains our top hidden gem pick owing to its healthy job pipeline and secular growth story. Reiterate our OUTPERFORM call with a



Target Price of RM2.50.



Extending its winning streak. Just three weeks after surprising us with its largest ever job win, Kelington Group (KGB) announced another contract award yesterday worth RM40m, marking its third job win from this single customer (world’s third largest semiconductor wafer foundry) for a new wafer fab construction in Singapore.

Hits a home run. The latest contract is for the supply and installation of an abatement system, complimenting the earlier two awards (for specialty gas and bulk gas) which involve designing and building the delivery systems for ultra-high purity gasses used in the fabrication process of semiconductor chips. All three awards from this particular customer totalled to RM134m, representing a 100% win rate for KGB. The group will commence work in a week’s time and targets to complete it by the end of 2022. Coincidentally, this customer has also on yesterday filed for IPO and is targeting to be listed on the Nasdaq Stock Exchange by the end of the year.

Order-book swells to RM979m. On YTD basis, KGB’s order replenishment of RM841m has more than surpassed its previous record in FY20 of RM490m, further strengthening our thesis of a secular growth story. Meanwhile, its outstanding order-book has swelled to another all-time high of RM979m, which is close to 2.5x of FY20 revenue.

Buoyed by the secular growth for chips. More than a year into the chip shortage scene, we are convinced that the demand surge for semiconductors is coming from a new wave of demand rather than a temporary supply glitch, in line with increasing components in: (i) enddevices to facilitate the adoption of 5G connectivity and (ii) electric vehicles. Therefore, we expect more fab expansion to be announced in Asia and KGB is in a favourable position to benefit from more UHP jobs given its strong presence in China, Singapore, Malaysia and Taiwan. Despite having RM979m worth of jobs at hand, the management is showing no signs of slowing down as the group’s tender-book remains elevated at RM1.1b.

Maintain FY21E and FY22E earnings at RM32.3m and RM47.0m, representing growth of 85% and 46%, respectively.

Maintain our OUTPERFORM call with an unchanged

Target Price of RM2.50 on FY22E PER of 33x (+1SD to 3-year peer mean), justified by the group’s healthy job pipeline and secular growth story.



Risks to our call include: (i) slower revenue recognition due to Covid-19, (ii) downturn in semiconductor sales, and (iii) delay in liquid CO2 ramp up.

Source: Kenanga Research - 6 Oct 2021
07/10/2021 12:42 AM
X
SEE_Research ===========================================================================

KGB remains our top hidden gem pick owing to its healthy job pipeline and secular growth story. Reiterate our OUTPERFORM call with a



Target Price of RM2.50.


Source: Kenanga Research - 6 Oct 2021


=========================================================================
https://klse.i3investor.com/blogs/see_research/2021-10-07-story-h15919...


==========================================================================

2021-10-07 00:46

Abang Mad

next week above than rm1

2021-10-08 17:45

SEE_Research

SEE_Research KGB/ 0151

1. Technical chart and analysis from
14 July 2021 / closed RM 1.16
to 23 August 2021 / closed RM 1.22
( sub total : 27 trading days )

2. After 24 August 2021 on the break out to another 16 trading days to
15 September 2021 / RM 1.66


3.
A. Current high is
RM 1.88 / 22 September 2021

B. 2nd attempt at
29 September 2021 / RM 1.87

C . 3rd attempt at
30 September 2021 / RM 1.88

D. 4th attempt at
7 October 2021 / RM 1.86

Coming will be 5 th attempt to cross convincingly AND closed above RM 1.90 ; and this positive action as it happens; it will lift up the
WB over to over the current high of
RM 1.09 ;

A lot of room of growth on the share prices of WB /
closed RM 0.93 / 8 October 2021 .

It will happen ; matter of trading days ; as at now 16 trading days ; another 11 trading days ;
by 25 October 2021 .
===========================================================================
Other commented :

KGB facing the big roadblock infront at Rm1.89...the sky is limit after breakout and bringing together the KGB warrant flying without wings....cant wait to see how high could be fly.

2021-10-08 23:07

SEE_Research

SEE_Research To : Leonggg @BennyWhittman can’t eat grapes say grape sour huhu sad boy
09/10/2021 1:33 AM
=============================================

1. Yes ; fully agreed with you on the potential of Kenanga Investments Bank issued the
Target Price RM 2.50 .

2. It is a matter of the coming days will pierce thru the current high RM 1.88 and closed higher.

3. This technical charts + technical analysis
of KGB + WB are both healthy with formation
a cup and handle in place for upwards thrust .

4. This stock is definitely not a goreng stock
as the goreng stocks are without strong fundamental factors ; more so ; some of the goreng stocks are in negative EPS .

5. The current book orders are
OUTSTANDING that is well over RM 1 billion ; that the coming 2 financial quarters will translate into
higher EPS ;
MORE SO THE CURRENT CUSTOMERS ARE REPEATED
CUSTOMERS ; AND MOST OF THESE CUSTOMERS ARE ON ITS OWN RIGHT : THEY ARE LEADERS IN THEIR FIELDS.

5.1 The repeated customers are with leadership qualities that are well renowned in the world ;

So in short ; Kelington customers are NOT the ordinary shop houses based ; or based in normal buildings ; are not some located in small " Wisma ____ " ; or small shop lots based in far away kampongs / etc

The repeated customers of Kelington / KGB / 0151

TSMC , Taiwan
SMIC, China
Micron , Singapore ( origin US )
Lam Research , Singapore ( origin US )
Western Digital , Malaysia ( origin US )
Stolthaven , Westport , Pulau Indah , Port Klang , Selangor ( origin Norway )
Global Foundries, Singapore
( origin US , is on the way to be listed in Nasdaq_ by January 2022 ) .

Each of the above mentioned customers are by itself, based in huge physical complexes;
in various parts of the world ;
engaging over 50, 000 employees collectively
per 1 named customer.
Not to mention ; almost of these are listed in
US stocks exchanges such as Nasdaq.
These naysayers have no idea what they are murmuring thru their mouths ,
Take one clear example ,
The smallest component of Dow Jones industrial Average of the 30 components stock is
Walgreen Boots Alliance/ WBA

In a normal trading ; example 10 September 2021

Comparison of market capitalization between
US market capitalization and KLSE .

At the closing 10 September 2021__
USD 1.00 = RM 4.14

A. WBA market capitalization was USD 42.77 billions = RM 177.07 billions

B. KLSE total market capitalisation in value
RM 2.75 billions
KLSE market capitalization consist of 18 sectors =
1, 496 counters consist of call warrants , normal warrants .

C. KLSE by size in market capitalization is
very , very , very small ; it was 1.55305 percent of
WBA , Inc , US

Walgreens Boots Alliance/ WBA is 64 times bigger than
KLSE by market capitalization .
==============================================
Remarks
So in short ; practically all of you ; may not understand on the market capitalisation of US .

Remembering almost all of repeated customers of
KGB ARE LISTED IN NASDAQ , US
==============================================
6. It is wise to completely ignore the sour grapes; the naysayers;
their poor quality comments will come back void.

Thanks .
09/10/2021 10:17 AM

2021-10-09 10:18

SEE_Research

Technology: KGB


The repeated customers for KGB /0151 ; as



KGB/0151 with the huge potential to be the



hidden jewel for the dynamics growth of



sales revenues that will translate into



EPS for KGB/0151 into a shinning star in the



" Technology Sector " in KLSE.


Repeated customers for KGB /0151

1. S M I C = Semiconductor Manufacturing International Corporation,

China


2. T S M C = Taiwan Semiconductor Manufacturing Company , Taiwan


3. Micron Semiconductor Asia Operations Pte. Ltd ., Singapore


4. Lam Research Singapore Pte. Ltd., Singapore


5. Stolthaven ( Westport ) Sdn. Bhd. , Westport , Pulau Indah,

Port Klang ,Selangor



https://youtu.be/9IS-60zL9Ag


https://youtu.be/aL_kzMlqgt4


https://youtu.be/MpuyjK2lhXE


https://youtu.be/m8jTOj2pEf8


https://youtu.be/iYcJ1OBIDuI

2021-10-09 10:45

SEE_Research

https://klse.i3investor.com/blogs/see_research/2021-09-13-story-h1571500069-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_Is_KLSE_Market_Capitalization_b.jsp

2021-10-09 10:48

SEE_Research

TO : MAGNET02

Personally sighted SEE_RESEARCH buy call at 1.21 am ; 9 August 2021.
Opened my portfolio in KGB WB and bought BIG in KGB WB ; at 13 ; 16 August 2021 ; prices were cheap RM 0.33 ; RM 0.335 ; RM 0.34

Today, 12 October 2021 / RM 0.886 FYI, I have not exited; even have opportunities to sell above RM 1.00 ;
Instead will wait for my desired target prices.

Many thanks for the paper gains
(huge paper gains by percentage more than 100%).
for sighting on SEE_RESEARCH __
the write up at 1.21 am; 9 August 2021 .

Cheers and congratulations to all who bought on KGB and KGB WB. The best is yet to come, hold on tight. Wish all investors a bountiful harvest. £££££
12/10/2021 9:48 PM
=============================================
TO : Abang Mad

Hold tight…for sure reward will come
12/10/2021 10:02 PM.


//////////////////////////////////////////////////////////////////////////
REMARKS
The best is yet to come like
Bonanza ; More To Come

2021-10-12 23:01

Abang Mad

Sabar boss….

2021-10-13 19:45

SEE_Research

Post removed.Why?

2021-10-23 13:35

SEE_Research

Post removed.Why?

2021-10-23 13:41

SEE_Research

Post removed.Why?

2021-10-25 01:22

SEE_Research

Post removed.Why?

2021-11-30 12:44

SEE_Research

Post removed.Why?

2022-01-05 00:22

firehawk

Listing Date 03-Aug-2021
Maturity Date 24-Jul-2026
Issue Size 214,333,821
Exercise Price MYR 1.38

2022-08-28 08:34

calvintaneng

Topglove toppled by China glove glut and fierce price war

Kgb will be toppled by cement price hike in Sabah construction project

cement price rose by 15% early this year

now cement price rising another 15% will finish off Kgb

Suppose to complete by end 2022 and now with total 30% rise of cement price sure will see profit turn into Huge Losses

better sell and cutloss in Kgb and Kgb wb before both collapse and crash limit down like Dnex or Jaden

2022-12-14 21:41

calvintaneng

And these are the warning red flags on KGB

1. KGB committed to complete Sarawak Construction project by End December 2022 worth Rm420 Millions

See
https://www.thestar.com.my/business/business-news/2021/09/14/kelington-bags-rm420mil-construction-job-in-sarawak

So far no sign of payment except got Rm530 Million Receivables (IOU) in balance sheet

Why KGB not get payment yet?

Is it due to incompletion by cost over runs

CEMENT PRICES UP BY 15% IN EARLY
NOW ANOTHER 15% HIKE IN CEMENT PRICES

HOW TO SURVIVE 30% CEMENT PRICE HIKE IN ONE YEAR?

See

https://www.edgeprop.my/content/1904606/construction-groups-want-govt-probe-latest-cement-price-increase?wref=edgemarkets

Another Red Flag

Since KGB got no payment IT GONE TO BORROW MORE MONEY

Refer KGB balance sheet

Short term loan jumped from Rm29 millions to Rm152 Million or Up by Rm123 Millions

Matter of time due to High Construction cost KGB will go insolvent & later bankruptcy

BETTER SELL KGB

SITTING TIME DEBT BOMB OF CONSTRUCTION OVER RUNS, IOUS & HIGHER DEBT LOAD

GET OUT NOW!

SELL ALL KGB

SELL ALL KGB WB FAR OUT OF MONEY!

2022-12-15 00:25

calvintaneng

Want the true facts?

Read this very very very carefully

https://sgx.i3investor.com/blogs/Jbhouseforsale/2022-06-26-story-h49563256-TO_CATCH_A_SNAKE_CALLED_SEE_RESEARCH_SNAKE_MASQUERADING_AS_EAGLE_PSAi3ale.jsp

2023-02-14 23:51

bohliau10

Post removed.Why?

2024-03-17 22:43

VincentTang

KGB Senior Vice President dispose KGB WB. Just announced yesterday.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3431298

2024-03-19 10:00

bohliau10

Post removed.Why?

2024-03-19 22:18

bohliau10

Post removed.Why?

2024-04-10 13:09

bohliau10

Post removed.Why?

2024-04-28 04:23

fattycat

Warrant in the money now

2024-05-09 11:08

OTB

KGB-WB should trade at a share price at least 10% premium.
The expiry date of this WB is still > 2 years away.
Hence this KGB-WB is still cheap because it is trading at 2% discount instead of 10% premium.
Good luck.
Thank you.

2024-05-09 11:25

SEE_Research

Post removed.Why?

2024-06-01 09:32

SEE_Research

Post removed.Why?

2024-06-09 11:18

SEE_Research

Post removed.Why?

2024-06-12 19:59

SEE_Research

Post removed.Why?

2024-06-13 06:34

SEE_Research

Post removed.Why?

2024-06-13 06:40

SEE_Research

Post removed.Why?

2024-06-15 10:18