KELINGTON GROUP BERHAD
KLSE (MYR): KGB (0151)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
3.42
Today's Change
0.00 (0.00%)
Day's Change
3.38 - 3.45
Trading Volume
861,300
Overview
Market Cap
2,322 Million
NOSH
679 Million
Avg Volume (4 weeks)
1,560,355
4 Weeks Range
3.13 - 3.71
4 Weeks Price Volatility (%)
50.00%
52 Weeks Range
1.42 - 3.71
52 Weeks Price Volatility (%)
87.34%
Previous Close
3.42
Open
3.41
Bid
3.42 x 58,700
Ask
3.43 x 11,700
Day's Range
3.38 - 3.45
Trading Volume
861,300
Financial Highlight
Latest Quarter | Ann. Date
31-Mar-2024 [#1] | 23-May-2024
Next QR | Est. Ann. Date
30-Jun-2024 | 18-Aug-2024
T4Q P/E | EY
20.87 | 4.79%
T4Q DY | Payout %
1.67% | 34.86%
T4Q NAPS | P/NAPS
0.54 | 6.31
T4Q NP Margin | ROE
6.94% | 30.25%
Market Buzz
2024-06-29
2024-06-28
2024-06-25
2024-06-25
News and Blogs
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: INDUSTRIAL ENGINEERING
Subsector: INDUSTRIAL ENGINEERING
Description:
Kelington Group Berhad is engaged in the businesses of
providing engineering services, construction and general trading. The Company
provides Ultra High Purity (UHP) Gas and Chemical Delivery Solutions. The
Company's products and technologies include Gas and Chemical Delivery
Equipment, Orbital Welding, Modeling and Simulation Technology, UHP
Certification and Commissioning Technology, Gas and Chemical Purification and
Abatement Technology, and Metallurgical Knowledge. The Company offers a range
of services, including design and modeling, fabrication and installation,
quality testing and certification, control and instrumentation, and maintenance
and servicing. Its subsidiaries are engaged in trading of machinery equipment
and related parts and components; provision of engineering and consultancy
services; provision of scientific and technical researches, laboratory testing
service and experiments, and supply of fabricated steel structure and
mechanical electrical works.
Discussions
19 people like this. Showing 50 of 6,219 comments
To : All
From : SEE_Research
Issued on 10.00am., 8 June 2024 / Saturday
IMPORTANT MESSAGE NUMBER 1
A NEW BEGINNING FOR KGB TO BREAK INTO NEW MARKETS IN EUROPE AND HONG KONG WITH THEIR OWN PHYSICAL OFFICES SET______
THAT WILL PENETRATE NEW MARKETS AND ENJOY FURTHER NEW DEVELOPMENT AND BECOME
A SMALL GIANT IN THIS FIELD TO BE BETTER ; WELL KNOWN OF THE WORLD LEADER __ LIKE LINDE
And others with the names listed below
Top 5 UHP INDUSTIAL GAS
Supplier Names
Country/Region
Revenue
(2020)
Year of Establishment
Net Profit Margin
==============================================================
Linde Plc
EMEA, APAC, America
$27.24 billion
1879
11.99%
==============================================================
Air Liquide
Europe, APAC, America, MEA
€20.49 billion
1902
12.33%
==============================================================
Air Products
North America, APAC, LATAM, EMEA
$10.32 billion
1940
20.33%
==============================================================
Messer Group
South America, Asia, North America, and Europe
$3.13 billion
1932
13.5%
==============================================================
Nippon Sanso (Matheson)
US, Europe, Japan, Rest of APAC
¥818.24 billion
1910
==============================================================
Highlights
Among the 3 investment banks ___
Kenanga Investment Bank
Affin Hwang Investment Bank
RHB Investment Bank
The closest one to Kelington Group Berhad is
Kenanga Investment Bank as previously the had been the sponsor and main organiser to Kelington Group Berhad to be listed in KLSE __ in ACE Market
==============================================================
ABOUT KELINGTON GROUP
Kelington Group Berhad
(Registration No. 199901026486 (501386-P)
was established in 1999 and
subsequently listed on
Bursa Malaysia Securities Berhad in 2009 _ inside ACE market.
Initial Public Offering
KELINGTON GROUP BERHAD
Date of listing
25/11/2009
Enlarged issued and paid up share capital in the following
Units 74,710,000
Currency MYR 7,471,000.000
Par Value ($$) MYR 0.100
Stock code 0151
Stock name KGB
ISIN code MYQ0151OO009
Board ACE Market
Sector TRADING/SERVICES
And subsequently transfer from
ACE MARKET TO MAIN BOARD SUCCESSFULLY.
Remarks :
Kelington Group Berhad is sponsored by Kenanga Investment Bank Berhad.
https://m.malaysiastock.biz/Company-Announcement.aspx?id=545344
And embarked on its new journey of becoming a new brand of UHP gasses supplier ; manufacturer to be progressive known in Asia and Oceania ; and further into
European countries by expanding into
Germany with their local physical office established to penetrate positively into the lucrative markets of Europe .
A new beginning
for Kelington Group Berhad with forward looking plans to reach out into new markets of
Europe and Hong Kong too.
With such excitement swamped with abundance of opportunities of continous growth ;
coupled with increasing coming financial quarters __
that are fully translate into higher earning per share ;
thus higher profits will be maintained and achieved successfully.
And the end result __ the above positive indicators will spur the prices of mother share of
K G B
K G B WB TO NEW HIGH ABOVE
RM 4.10 / MOTHER SHARE
RM 2.70 - RM 2.80 LEVEL
3 weeks ago
https://klse.i3investor.com/web/blog/detail/see_research/2024-06-08-story-h-159766773-THE_FAST_FURIOUS_MODE_ON_SUPER_MOMENTUM_STOCK_FOR_JUNE_2024_KGB
============================================================================================================================================================== And the end result __ the above positive indicators will spur the prices of mother share of
K G B
K G B WB TO NEW HIGH ABOVE
RM 4.10 / MOTHER SHARE
RM 2.70 - RM 2.80 LEVEL
3 weeks ago
@ SS13 - Good information. TQ
KGB's quarter April to June 24 results are going to be impressive from this LCO2 plant contribution.
An extract from KGB’s announcement:-
“Kelington is pleased to announce that its 90.71% owned subsidiary, Ace Gases Sdn Bhd has on 25 March 2024 commenced the liquid carbon dioxide production with an annual production capacity of up to 70,000 metric tons at the second LCO2 Plant located at Kertih, Terengganu.” The quarter April to June 24 results are going to have this LCO2 plant contribution. KGB is heading towards new highs. A gem of a counter.
With its expansion plans and entry into new markets, KGB is on a steady growth path which augurs well for its future profitability.
3 weeks ago
THE FAST & FURIOUS MODE ON KGB
Target Prices
RM 4.10 / mother share
RM 2.70 to RM 2.80 / KGB WB
Target Prices
RM 4.10 / mother share
RM 2.70 to RM 2.80 / KGB WB
==============================================================================================================================================================
A NEW BEGINNING FOR KGB TO BREAK INTO NEW MARKETS IN EUROPE AND HONG KONG WITH THEIR OWN PHYSICAL OFFICES ALREADY SET UP WTH STAFF MEMBERS IN ACTION TO OBTAIN FURTHER NEW BUSINESSES _____
THAT WILL PENETRATE NEW MARKETS AND ENJOY FURTHER NEW DEVELOPMENTS AND BECOME
A SMALL GIANT IN THIS FIELD TO BE BETTER ; WITH WELL KNOWN WORLD LEADER __ LIKE LINDE
And others with the names listed below
Top 5 UHP INDUSTIAL GAS
Supplier Names
Country/Region
Revenue
(2020)
Year of Establishment
Net Profit Margin
==============================================================
Linde Plc
EMEA, APAC, America
$27.24 billion
1879
11.99%
==============================================================
Air Liquide
Europe, APAC, America, MEA
€20.49 billion
1902
12.33%
==============================================================
Air Products
North America, APAC, LATAM, EMEA
$10.32 billion
1940
20.33%
==============================================================
Messer Group
South America, Asia, North America, and Europe
$3.13 billion
1932
13.5%
==============================================================
Nippon Sanso (Matheson)
US, Europe, Japan, Rest of APAC
¥818.24 billion
1910
==============================================================
Highlights
Among the 3 investment banks ___
Kenanga Investment Bank
Affin Hwang Investment Bank
RHB Investment Bank
The closest one to Kelington Group Berhad is
Kenanga Investment Bank as previously the had been the sponsor and main organiser to Kelington Group Berhad to be listed in KLSE __ in ACE Market
==============================================================================
ABOUT KELINGTON GROUP
Kelington Group Berhad
(Registration No. 199901026486 (501386-P)
was established in 1999 and
subsequently listed on
Bursa Malaysia Securities Berhad in 2009 _ inside ACE market.
Initial Public Offering
KELINGTON GROUP BERHAD
Date of listing
25/11/2009
Enlarged issued and paid up share capital in the following
Units 74,710,000
Currency MYR 7,471,000.000
Par Value ($$) MYR 0.100
Stock code 0151
Stock name KGB
ISIN code MYQ0151OO009
Board ACE Market
Sector TRADING/SERVICES
And subsequently transfer from
ACE MARKET TO MAIN BOARD SUCCESSFULLY.
Remarks :
Kelington Group Berhad is sponsored by Kenanga Investment Bank Berhad.
https://m.malaysiastock.biz/Company-Announcement.aspx?id=545344
And embarked on its new journey of becoming a new brand of UHP gasses supplier ; manufacturer to be progressive known in Asia and Oceania ; and further into
European countries by expanding into
Germany with their local physical office established to penetrate positively into the lucrative markets of Europe .
A new beginning
for Kelington Group Berhad with forward looking plans to reach out into new markets of
Europe and Hong Kong too.
With such excitement swamped with abundance of opportunities of continous growth ;
coupled with increasing coming financial quarters __
that are fully translate into higher earning per share ;
thus higher profits will be maintained and achieved successfully.
And the end result __ the above positive indicators will spur the prices of mother share of
K G B
K G B WB TO NEW HIGH ABOVE
RM 4.10 / MOTHER SHARE
RM 2.70 - RM 2.80 LEVEL
==============================================================
IMPORTANT NOTE
Wall Street analysts forecast KGB
stock price
to rise over the next 12 months.
According to Wall Street analysts, the average 1-year price target for
KGB is 4.23 MYR
with a low forecast of 3.89 MYR
3 weeks ago
THE FAST & FURIOUS MODE ON KGB
Target Prices
RM 4.10 / mother share
RM 2.70 to RM 2.80 / KGB WB
Target Prices
RM 4.10 / mother share
RM 2.70 to RM 2.80 / KGB WB
==============================================================================================================================================================
A NEW BEGINNING FOR KGB TO BREAK INTO NEW MARKETS IN EUROPE AND HONG KONG WITH THEIR OWN PHYSICAL OFFICES ALREADY SET UP WTH STAFF MEMBERS IN ACTION TO OBTAIN FURTHER NEW BUSINESSES _____
THAT WILL PENETRATE NEW MARKETS AND ENJOY FURTHER NEW DEVELOPMENTS AND BECOME
A SMALL GIANT IN THIS FIELD TO BE BETTER ; WITH WELL KNOWN WORLD LEADER __ LIKE LINDE
And others with the names listed below
Top 5 UHP INDUSTIAL GAS
Supplier Names
Country/Region
Revenue
(2020)
Year of Establishment
Net Profit Margin
==============================================================
Linde Plc
EMEA, APAC, America
$27.24 billion
1879
11.99%
==============================================================
Air Liquide
Europe, APAC, America, MEA
€20.49 billion
1902
12.33%
==============================================================
Air Products
North America, APAC, LATAM, EMEA
$10.32 billion
1940
20.33%
==============================================================
Messer Group
South America, Asia, North America, and Europe
$3.13 billion
1932
13.5%
==============================================================
Nippon Sanso (Matheson)
US, Europe, Japan, Rest of APAC
¥818.24 billion
1910
==============================================================
Highlights
Among the 3 investment banks ___
Kenanga Investment Bank
Affin Hwang Investment Bank
RHB Investment Bank
The closest one to Kelington Group Berhad is
Kenanga Investment Bank as previously the had been the sponsor and main organiser to Kelington Group Berhad to be listed in KLSE __ in ACE Market
==============================================================================
ABOUT KELINGTON GROUP
Kelington Group Berhad
(Registration No. 199901026486 (501386-P)
was established in 1999 and
subsequently listed on
Bursa Malaysia Securities Berhad in 2009 _ inside ACE market.
Initial Public Offering
KELINGTON GROUP BERHAD
Date of listing
25/11/2009
Enlarged issued and paid up share capital in the following
Units 74,710,000
Currency MYR 7,471,000.000
Par Value ($$) MYR 0.100
Stock code 0151
Stock name KGB
ISIN code MYQ0151OO009
Board ACE Market
Sector TRADING/SERVICES
And subsequently transfer from
ACE MARKET TO MAIN BOARD SUCCESSFULLY.
Remarks :
Kelington Group Berhad is sponsored by Kenanga Investment Bank Berhad.
https://m.malaysiastock.biz/Company-Announcement.aspx?id=545344
And embarked on its new journey of becoming a new brand of UHP gasses supplier ; manufacturer to be progressive known in Asia and Oceania ; and further into
European countries by expanding into
Germany with their local physical office established to penetrate positively into the lucrative markets of Europe .
A new beginning
for Kelington Group Berhad with forward looking plans to reach out into new markets of
Europe and Hong Kong too.
With such excitement swamped with abundance of opportunities of continous growth ;
coupled with increasing coming financial quarters __
that are fully translate into higher earning per share ;
thus higher profits will be maintained and achieved successfully.
And the end result __ the above positive indicators will spur the prices of mother share of
K G B
K G B WB TO NEW HIGH ABOVE
RM 4.10 / MOTHER SHARE
RM 2.70 - RM 2.80 LEVEL
==============================================================
IMPORTANT NOTE
Wall Street analysts forecast KGB
stock price
to rise over the next 12 months.
According to Wall Street analysts, the average 1-year price target for
KGB is 4.23 MYR
with a low forecast of 3.89 MYR
3 weeks ago
Kenanga Research & Investment
Kelington Group - Spotless Earnings Track Record
kiasutrader
Publish date: Fri, 24 May 2024, 12:35 PM
KGB’s 1QFY24 results met expectations. Its 1QFY24 net profit jumped 54% buoyed by high-margin UHP projects and maiden contribution from its second LCO2 plant.
We foresee significant job wins in 2HCY24.
We keep our forecasts but raise our
TP by 21% to RM4.10 (from RM3.40)
and reiterate our OUTPERFORM call.
KGB remains one of our sector top picks.
KGB’s 1QFY24 net profit of RM24.9m (+54% YoY) accounted for 24% of our full-year forecast and 21% of market consensus.
We deem the results within expectation as 1Q is KGB’s seasonally weakest quarter.
YoY, KGB’s 1QFY24 revenue rose 9.8% on the back of robust project deliveries across all the operating markets. Geographically, revenue recognition from Malaysia (c.45% of group revenue) grew 6.4% while China (c.31% of group revenue) trended 128% higher as momentum picked up among China’s wafer fab expansion.
This helped to offset weaker showing from its Singapore operation (c.21% of group revenue) which fell 32%. Its net profit jumped by a sharper 54% due to:
(i) higher proportion of UHP jobs delivered, and
(ii) greater contribution from its industrial gas (yielding twice higher GP margins compared to other segments) as its second LCO2 plant came online, leading to higher net profit margin of 7.3% (vs. 5.2% in 1QFY23)
QoQ, its 1QFY24 revenue fell 29% while net profit shrank 30% as 1Q is seasonally its weakest quarter.
It is worth noting that the top line of its industrial gas segment rose 17% due to the commencement of its second LCO2 plant which enjoyed a healthy take up rate.
Outlook.
We expect sustained strong performance from KGB underpinned by substantial increase in higher-margin UHP jobs, representing >70% of its outstanding orders (vs. c.60% in FY23).
The group has secured RM235m jobs up to 31 Mar 2024, bringing its total outstanding order book to RM1.25b.
We are sanguine that the group will be able to secure at least RM1b worth of higher-margin orders in FY24 (vs. RM1.1b in FY23) backed by:
(i) more wafer fab expansion in Singapore slated to take place from 3Q onwards, and
(ii) China’s ambitious plans to increase its semiconductor fabs by 60% in three years for domestic consumption and double the capacity in five years, according to TendForce.
Forecasts. Maintained
Valuations.
We lift our TP by 21% to RM4.10
(from RM3.40)
based on an unchanged 21x PER pegged to a rolled-forward earnings base of FY25F (from FY24F).
Our valuation represents a c.10% discount to peer’s forward mean PER of 24x which includes global players such as
Air Products,
Air Liquide and
Linde.
There is no adjustment to our TP based on ESG given a 3-star rating as appraised by us (see Page 4).
Investment case.
We like KGB for:
(i) it being a direct proxy to the front-end wafer fab expansion,
(ii) its strong earnings visibility underpinned by robust order-book and tender-book exceeding RM1b, and
(iii) its strong footholds in multiple markets, i.e. Malaysia, Singapore and China. Maintain OUTPERFORM.
Risks to our call include:
(i) a slowdown in wafer fab investment,
(ii) worsening Sino-US chip war, and
(iii) low utilisation of its LCO2 plants.
Source: Kenanga Research - 24 May 2024
==============================================================
In conclusion ;
SEE_ Research
Target Prices
RM 4.10 / mother share
RM 2.70 to RM 2.80 / KGB WB
Thank you for reading and see you in the next post.
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION, WRITTEN AS ARTICLE FOR SHARING PURPOSES TO KLSE COMMUNITY MEMBERS.
DISCLAIMER: Investment involves risks, including possible loss of investment and other losses.
This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein.
The author may have positions in some of these instruments.
The author shall not be responsible for any losses or profits resulting from investment decisions based on the use of the information contained herein.
If investments and other professional advice is required, the services of a licensed professional person should be sought.
ISSUED BY SEE RESEARCH
S ensing E agle E yes
3 weeks ago
To : Goldberg
1.. Many new , stronger legs to run like Shari Carri Richardson who blazes the 100 metres with explosive run ahead
to above the
Target Price of Kenanga Investment Bank
Of RM 4.10
With the growth outwards in European technology semi conductor plants thru the presence of their office in Germany as well as Hong Kong __ in roads to Southern China .
Bearing in mind , China
China has set up its third planned state backed investment fund to boost its semiconductor industry , with a registered capital of 344 billion yuan = $ 47.5 billion
Very massive investment to be more self reliance and
K G B CAN PARTICIPATE ACTIVELY IN SOME OF THIS NEW AREAS OF BUSINESS .
K G B ALSO HAVE REPEATED CUSTOMERS OF
S M I C / Semiconductor Manufacturing International Corporation
S M I C is a pure play semiconductor foundry company .
It is the largest chipmaker in mainland China.
T S M C -- Taiwan Semiconductor Manufacturing Company Ltd
T S M C has been the world ' s dedicated semiconductor foundry since 1987 and we support a thriving ecosystem of global customers with good services.
More great opportunities to come as there will be at least 3 new contract wins ___ substantial awards t to spike on KGB ' s prices upwards like
Sha Carri Richardson who blazes the 100 metres
https://youtu.be/zkqxyz04lCw?si=vlUXr-xJI6oiPKPp
3 weeks ago
https://klse.i3investor.com/web/blog/detail/see_research/2024-06-08-story-h-159766002-THE_FAST_FURIOUS_MODE_ON_Super_duper_momentum_stock_for_June_2024_KGB_K
==============================================================
Highlight
To take note :
from 10 June 2024 / Monday onwards __ there will be 3 contract awards to
K G B and there will be separately
3 official announcements
thru KLSE annoucements in these confirmations..
Thus the prices of mother share __
K G B will spur forward and cause a rally __ creating into a super duper bull run __
with positive momentum upwards.
IT WILL BE SIMILAR FEATURE LIKE
SHA' CARRI RICHARDSON BEATING OTHERS WELL KNOWN RUNNERS AND BLAZES THE 100 METRES RACE TO BE THE CHAMPION .
===============================
===============================
https://youtu.be/zkqxyz04lCw?si=vlUXr-xJI6oiPKPp
==============================================================
Look out for such exciting opportunities to participate actively in this
one of the top performance stocks
for 2024 in KLSE .
Surely ; you will not want to miss out with such coming opportunities
Immediate target prices of mother share /
ABOVE
( A ) K G B
= RM ___ 4.10
( B ) K G B WB
= RM 2.70 -- RM 2.80
COME AND PARTAKE ON UPTRENDING STOCKS IN KLSE ___
A AWESOME FEAST NOT TO BE MISSED OUT ?
K G B
WITH INCREASING REVENUES
THUS TRANSLATE TO HIGHER PROFITS /
RESULTING IN HIGHER EARNING PER SHARE .
3 weeks ago
Potential new catalyst?
SEDC Energy, Gentari formalise JV to develop Sarawak hydrogen hub.
KGB subsidiary company Ace gasses is involved in Hydrogen production and hydrogen delivery systems.
https://acegases.com/products/hydrogen/#:~:text=At%20Ace%20Gases%2C%20we%20produce,produce%20hydrogen%20and%20carbon%20monoxide.
https://theedgemalaysia.com/node/714848
2 weeks ago
https://www.techerati.com/press-release/caterpillar-and-microsoft-trial-hydrogen-fuel-cell-backup-power-for-data-centres/
==============================================================
To : All
From : SEE _Research issued on 1.00 am., 11 June 2024 / Tuesday
Aerospace
Hydrogen is used as a propellant in rockets and as a coolant in aircraft engines ;
also in data centers as coolant
================================================================
Can hydrogen fuel cells power
Microsoft data centers?
Microsoft and Caterpillar power data center for 48 hours ...
Caterpillar and Microsoft say
they have successfully demonstrated the viability of using hydrogen fuel cells to supply reliable and sustainable backup power to a data center for
48 hours.
================================================================
Highlight
Ace Gases Marketing Sdn Bhd
Manufacture and supply industrial, specialty gases , and chemicals including hydrogen , carbon dioxide to a variety of industries including
data centres
is a subsidiary of Kelington Group Berhad
2 weeks ago
K G B
Favourable orderbook mix;
MYR1.6bn tenderbook.
Kelington Group’s outstanding orderbook of MYR1.3bn (end-Mar) indicates that there could be another record year in the making.
Ultra-high purity (UHP) projects made up the largest portion at 78%,
followed by general contracting (16%) and
process engineering (6%) jobs.
Management expects tender activities to ramp up in 2H24.
60% of the tenderbook is made-up of projects in China/Hong Kong,
followed by Singapore (30%) and Malaysia (10%).
KGB has also been invited to tender for a maiden project in Europe.
Assuming a 50% success rate, total orderbook replenishment for FY24F could surpass our assumption and FY23’s MYR1.1bn.
Of the MYR375m orders secured to date (as of end-May),
the bulk is from China – mainly from the largest chip foundry.
================================================================
Highlight
1. There are impending of substantial sum __ to be contracts to be awarded with the coming days for such official announcement / s ______
that will spur the share prices upwards bias to endeavour on new highs ___ above RM4.10 can be well achieve successfully .
2 weeks ago
Once hit RM4 which looks like quite soon, IB will revising TP upwards again likely 4.50 to 5
2 weeks ago
To : All
From : SEE _Research
issued on 10.30 am., 12 June 2024
From the current prices big run up on
10 , 11 , 12 June 2024
To take note on KGB
There will be substantial amount of contract win and award of
RM 150 , 000, 000.00
To be announced soon / SOON
and these contract win/ s
and award / s
will spike up the share prices of mother share to RM 4.10 successfully.
================================================================
To : All
From : SEE _Research issued on
1.30 am., 12 June 2024 / Wednesday
K G B
Favourable orderbook mix;
MYR1.6bn tenderbook.
Kelington Group’s outstanding orderbook of MYR1.3bn (end-Mar) indicates that there could be another record year in the making.
Ultra-high purity (UHP) projects made up the largest portion at 78%,
followed by general contracting (16%) and
process engineering (6%) jobs.
Management expects tender activities to ramp up in 2H24.
60% of the tenderbook is made-up of projects in China/Hong Kong,
followed by Singapore (30%) and Malaysia (10%).
KGB has also been invited to tender for a maiden project in Europe.
Assuming a 50% success rate, total orderbook replenishment for FY24F could surpass our assumption and FY23’s MYR1.1bn.
Of the MYR375m orders secured to date (as of end-May),
the bulk is from China – mainly from the largest chip foundry.
================================================================
Highlight
1. There are impending of substantial sum __ to be contracts to be awarded with the coming days for such official announcement / s ______
that will spur the share prices upwards bias to endeavour on new highs __
_______________ above RM4.10 can be well achieved successfully.
2 weeks ago
K G B WB
1. When we bought at June , July , August , September,
till 22 November 2023 ____ RM 0.40
2. After 22 November 2023 __ it was the first day of positive breakout to RM0.41 till now __ 7 June 2024 at all time high of RM 1.97
3. Wait patiently for it to cross above the psychological resistance of RM 2.00 and it may need to make 2 or 3 attempts __ to gather enough positive momentum and climb thru above RM 2.01
3. Final journey will be RM 2.70 - RM 2.80 for exit .
4. Should
( i ) Kenanga Investment Bank ;
( ii ) Affin Hwang Investment Bank
( iii ) RHB Investment Bank __
Revisit on their target prices and
REVISED ON THE TARGET PRICES ___
OF KGB ABOVE RM 4.10
DO NOT SELL AT RM 2.70 - RM 2.80
WAIT FOR RE CALCULATIONS ON
K G B WB __ NEW TARGET PRICES.
2 weeks ago
To : All
From : SEE_Research
Issued on 5.00am., 13 June 2024 / Thursday
1. Please note on
Nasdaq Composite Index reaching record 52 weeks high of 17,725.39
Nasdaq Composite Index
17,608.44 / +264.89
(1.53%)today
12 Jun, 4:46 pm GMT-4 • Disclaimer
Open
17,502.15
High
17,725.39
Low
17,490.64
Prev close
17,343.55
52-wk high
17,725.39
52-wk low
12,543.86
================================================================
A. With such powerful closing of the
Nasdaq Composite Index at record closing that is near to 52 weeks high __
Of
17,608.44 / +264.89 on 12 June 2024 __ it will excite with positive momentum upwards of
the Technology Sector ___ in KLSE
B. On the huge potential for
KGB/ 0151 to be the next hidden jewel for the dynamics growth of sales revenues that will translate into higher
EPS ( Earning per share)
for the KGB / 0151
into the star performer for 2024 ___
as K G B is tilted
to the " Technology Sector " in KLSE.
C. Repeated customers for KGB / 0151 also include
1. SMIC , China
2. TSMC , Taiwan
3. Stolt Nielsen/
international group of companies ,
Port Klang
4. Micron , Singapore
5. Western Digital, Penang & Samalaju Industrial Park,
Sarawak , Malaysia
6. Lam Research Singapore Pte. Ltd. , Singapore
7. Others / Stolt Nielsen for the huge storage tanks in Port Klang
__ of West Port , Pulau Indah
================================================================
Remarks
( i ) The above mentioned customers are by itself ; world class companies that are clear leaders in their respective fields.
( ii ) Stolt Nielsen is a world class conglomerate of huge storage tanks for chemicals; ships tankers moving the various chemical into final destination ports .
K G B/ 0151 is on the way to well known in its field that is well known in Asia and now spreading its services to
European industrial cities thru
Germany as well as inner ___
Southern China thru Hong Kong
with her respective physical offices
__ well served .
MORE TO COME _____
AS THERE ARE SWAMPED OF POSITIVE OPPORTUNITIES
2 weeks ago
https://www.google.com/imgres?imgurl=https%3A%2F%2Fwww.stolt-nielsen.com%2Fmedia%2Fxafptj1j%2Fshvn-wesport_tanks.jpg%3Fwidth%3D882%26height%3D882%26v%3D1d7ec596792aff0&tbnid=L3-wkM9c_32uzM&vet=1&imgrefurl=https%3A%2F%2Fwww.stolt-nielsen.com%2Four-businesses%2Fstolthaven-terminals%2Fterminal-network%2Fstolthaven-westport%2F&docid=hBxFIgyiaPykYM&w=882&h=882&itg=1&hl=en&source=sh%2Fx%2Fim%2Fm1%2F2&kgs=d62a778daa295068&shem=abme%2Cssim%2Ctrie
Stolt Nielsen ___ storage tanks facilities in Westport , Pulau Indah , Port Klang __ of Selangor
Fully constructed and completely built by
K G B / 0151
2 weeks ago
Price Target
The average one-year price target for Kelington Group Berhad is $4.233.
The forecasts range from a low of $3.888
to a high of $4.725.
A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.
Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Record Date Projection Date High Low Median Average
2024-06-12 2025-06-12. 4.72 / 3.89/ 4.18 / 4.23
2 weeks ago
×
The Straits Times
SPH Media Limited
Wafer manufacturer Siltronic opens $2.9b facility in S’pore, will expand hiring
DPM Heng Swee Keat said at the opening ceremony of Siltronic's new plant that the digital and green revolutions will make semiconductors even more critical.
PHOTO: LIANHE ZAOBAO
Timothy Goh
UPDATED JUN 13, 2024, 04:49 PM
FacebookTelegram
SINGAPORE –
A German firm that supplies semiconductor materials officially opened a $2.9 billion advanced manufacturing facility here on June 12.
The 150,000 sq m factory in Tampines – Siltronic’s third production plant in Singapore – produces silicon wafers for semiconductors, which are used in mobile devices, electric vehicles and data centres.
The plant, which is expected to produce up to 100,000 wafers a month by the end of 2024, has introduced what is called silicon wafer epitaxy capabilities to Singapore for the first time.
Kelington Group Berhad thru their Singapore office is ready to offer their range of services.
2 weeks ago
More to come for K G B / 0151 as there are seamless of overflowing opportunities in Malaysia and the neighbouring countries of Singapore ,
Indonesia ,
Hong Kong and the inner cities of Southern China thru their KGB
physical office in place in Hong Kong as a gateway .
==============================================================
https://youtu.be/yhMvO6w8OVs?si=r-I9xgqbDNOEgrf1
==============================================================
With great opportunities in the coming months ;
years of 2025 onwards in serving the
Malaysia semiconductor industry as Malaysia targets over
USD 100 BILLIONS IN SEMICONDUCTOR INDUSTRY INVESTMENT
AS DETAILS BY
P M / ANWAR IBRAHIM
MITI MINISTER / TENGKU ZAHRUL.
===================================================================================
==
Target Price RM ___ 4.10 above / K G B
Target Price RM ___ 2.70 to RM 2.90 / K G B WB
2 weeks ago
To : All
From : SEE _Research
Issued on 12.00 noon ., 15 June 2024 _ Saturday
On the huge potential for
KGB/ 0151 to be the next hidden jewel for the dynamics growth of sales revenues that will translate into higher
EPS ( Earning per share)
for the KGB / 0151
into the
* top 5 star performer *
for 2024 ___
as K G B is tilted
to the " Technology Sector " in KLSE.
A. Repeated customers for KGB / 0151 also include
1. SMIC , China
2. TSMC , Taiwan __
is one of KGB list of regular ,
repeated customers
===============================
===============================
The Semiconductor Giant Powering the World 's Technology
===============================
===============================
https://youtube.com/shorts/O9imfCNlA6Y?si=1KSAEkvccJ_3UKml
===============================
==============================
3. Stolt Nielsen/
international group of companies ,
Port Klang
==============================================================
4. Micron , Singapore
5. Western Digital, Penang & Samalaju Industrial Park,
Sarawak , Malaysia
6. Lam Research Singapore Pte. Ltd. , Singapore
7. Others / Stolt Nielsen for the huge storage tanks in Port Klang
__ of West Port , Pulau Indah
================================================================
Remarks
( i ) The above mentioned customers are by itself ; world class companies that are clear leaders in their respective fields.
( ii ) Stolt Nielsen is a world class conglomerate of huge storage tanks for chemicals; ships tankers moving the various chemical into final destination ports .
K G B/ 0151 is on the way to well known in its field that is well known in Asia and now spreading its services to
European industrial cities thru
Germany as well as inner ___
Southern China thru Hong Kong
with her respective physical offices
__ well served .
MORE TO COME _____
AS THAT ARE OVERFLOWING OF POSITIVE OPPORTUNITIES
WITH THE IMMEDIATE TARGET PRICES
( i ) K G B /
TARGET PRICES __ ABOVE RM 4.10
( ii ) K G B WB/
TARGET PRICES __
ABOVE RM2.70 TO RM 2.90 LEVEL
2 weeks ago
To : All
From : SEE _Research issued on 1.38 pm. 15 June 2024 / Sunday
Petronas/
Cloud Culture __
Accelerating collective growth in Malaysia
==============================================================
https://youtu.be/VcSJ4tRHq-Q?si=DqvwrBSU8PiSfg5L
==============================================================
Together with
K G B IN CLOSE PARTNERSHIP AS THE CLOSE PROXIMITY OF GAS SUPPLIED CONTINOUSLY BY PETRONAS TO K G B PLANT NEXT DOOR THAT RESULTED MUTUAL BENEFITS
Ace Gases : a specialised subsidiary of
K G B / 0151
_______ specializes in supplying liquefied industrial gases, including Liquid Carbon Dioxide, Liquid Argon, Liquid Oxygen, Liquid Nitrogen, Liquid Nitrous Oxide, Liquid Ammonia, Liquid Helium, and others, delivered in ISO containers both locally and overseas. We also offer tank leasing and rental services with our large fleet of multimodal ISO containers across the Asia Pacific region.
2 weeks ago
KUALA LUMPUR:
Kelington Group Bhd's 90.71 per cent-owned subsidiary Ace Gases Sdn Bhd has started production of liquid carbon dioxide (LCO2) at its second plant in Kerteh, Terengganu.
With a production capacity of 70,000 tonnes per year, this brings the company's production capacity of LCO2 to 120,000 tonnes per year.
Kelington chief executive officer Raymond Gan said the company's first ventured into LCO2 manufacturing with the commencement of the first plant, with production capacity of 50,000 tonnes per year, in Oct 2019.
"Having reached its full capacity, this expansion enables us to stay ahead of the growing market demand.
"Commencement of the second LCO2 plant will position us for further revenue growth from our industrial gas segment as we now have the capacity to effectively meet rising demand," he said in a statement.
According to Gan, the prospects of the company's LCO2 manufacturing business are promising, especially as the closure of petrochemical plants overseas due to environmental concerns have led to global shortage of LCO2, which is essential in many industrial processes.
He added that over 70 per cent of the company's LCO2 is currently exported, serving markets in Singapore, Australia, New Zealand, Fiji, Indonesia and the Philippines.
He said the enhanced capacity allows Kelington to further broaden its market footprint, both within these existing territories and into new regions.
At Kelington's LCO2 plant, CO2 waste gas sourced
from Petronas Gas' processing plant
is purified and converted into food-grade LCO2, catering for use across diverse applications, particularly in the food and beverage (F&B) sector to produce carbonated drinks and the creation of dry ice for food freezing.
In addition to the manufacturing facilities, Kelington said it has a robust support infrastructure, including storage tanks and a fleet of transportation vehicles.
The company noted that this facilitates the secure and efficient distribution of LCO2 both domestically and internationally.
Meanwhile, Kelington also said its strategic diversification into both engineering services and industrial gas manufacturing ensures a balanced portfolio for long-term sustainability.
While engineering services offer project-based revenue, the company said the industrial gas segment promises a steady, recurring income, enhancing the company's financial resilience and growth potential across various market conditions and sectors.
By balancing across both segments, the company said it is able to capitalise on opportunities across different market cycles and sectors.
2 weeks ago
To : Carole
K G B WB
1. Surely ;
it had been a good buy order /s
At 5.00 pm., 27 December 2023 ___
it is at RM 0.78 ?
You are ____
one of the small number of investors in this FIFO PIRATE
WHO BOUGHT ON THIS
* GOOD * PRICE.
2. Good for you _ Carole Loh.
3. At that time __ 27 December 2023 __
the immediate resistance of
RM ___ 0.80 but twice it retraced at
18 January 2024
5 February 2024 to
RM 0.81 and subsequently all the way ; it turns upwards with
3rd wave currently __ propelling on going forward.
4. Subsequently , a golden cup had been formed on 22 April 2024 __
And a handle is created on
22 April 2024 / RM 1.16
And on 22 April 2024 / RM 1.16 had been a long handle formation till now / 17 June 2024 / RM 2.25
Current peak is RM 2.30
5. To take note :
The coming trading days from
18 June 2024 _____
it will create higher high again _
Above RM 2.30.
1 week ago
To : All
From : SEE _Research
issued on 3.30 pm., 17 June 2024
FOR BETTER UNDERSTANDING ESPECIALLY THOSE WHO HAVE LITTLE-
UNDERSTANDING ON
TECHNICAL CHARTS AND ANALYSIS
The cup and handle
is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume.
The pattern's formation may be
as short as seven weeks or as long as 65 weeks
as short as seven weeks or as long as 65 weeks
as short as seven weeks or as long as 65 weeks
================================================================
KEY TAKEAWAYS
A cup and handle is a technical chart pattern
that resembles a cup and handle where the cup is in the shape of a "u"
and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
The pattern was first described by William J. O'Neil in his 1988 classic book on technical analysis,
How to Make Money in Stocks.
1 week ago
To : All
From : SEE _Research
issued on __
10.30 pm., 17 June 2024 / Monday
K G B
For this month __ June 2024 __
It is so good to note that K G B / 0151
______ have appeared two times in the
Star BizWeek ___ of
( i ) 1 June 2024 / Saturday
( ii ) 15 June 2024 / Saturday
inside the top 26
Biggest gainers
Page 14
1 week ago
To : Carole Loh
To : Aparao Sannasi
From : SEE _Research issued on
11.30 pm., 20 June 2024 / Thursday
The above pic shows on the technical chart and analysis __
on K G B
Closed on 16 April 2024 = RM 2.47
On 16 April 2024 / Tuesday __ big fall for almost all stocks due to
* * Israel & Iran * big conflicts that can escalate to war / s
* within 2 countries
Today / 20 June 2024 / good closing at
RM 3.59 ( + RM 0.12 )
From 16 April 2024 to
20 June 2024
= meteoric up of RM ___ 1.12
1 week ago
To : Carole Loh
To : Aparao Sannasi
From : SEE _Research issued on
11.33 pm., 20 June 2024 / Thursday
The above pic shows on the technical chart and analysis __
on K G B WB
Closed on 16 April 2024 = RM 1.15
On 16 April 2024 / Tuesday __ big fall for almost all stocks due to
* * Israel & Iran * big conflicts that can escalate to war / s
* within 2 concerned countries
Today / 20 June 2024 / good closing at
RM 2.21 ( + RM 0.10 )
From 16 April 2024 to
20 June 2024
= meteoric up of RM ___ 1.06
1 week ago
ffs, pls stop your spam la @See_Research. We the shareholders of KGB do not appreciate your constant spamming. If you want to discuss, do it in the proper manner. One or two lines will do.
1 week ago
Dear Sue;
No one can give you the best answer.
Analysts/Fund Managers may tell you it was because of foreign fund pull out from KLSE for the past few days or market correction etc......
Just stay focus, it should be fine as far as fundamental of the company didn't change.
Happy investing. Cheers!!!
4 days ago
Absolutely true @ 2Invest
Just stay focus, it should be fine as far as fundamental of the company didn't change.
Just be patient.
1 day ago
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Apps
Top Articles
1
Stock Pick Contest Year 2024
2
Flowinvestment
3
BFM Podcast
4
BFM Podcast
5
BFM Podcast
6
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
superhappy
Soon reaching Rm4
3 weeks ago