Posted by Permutation > 1 day ago | Report Abuse KGB WB is trading at a discount and has 2 more years to expiry. Perhaps it is a better buy than the mother share. --------------------------- Theoretically KGB-WB should trade at a premium, not at a discount. Then KGB-WB is cheap. Thank you.
Looking at the latest results of MPI and HLI, I believe semiconductor industry is turning around and start to rebound strongly. It is a good news to KGB. Semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively, this will augur well for the growth prospect of KGB. I believe KGB will perform very well in 2024 and 2025. Good luck to all investors here. Thank you.
that is why for good stock, i tend to hold longer term until the fundamental change, as fluctuations always happen due to profit taking. if it is good company, has good and sustainable fundamental, and growing strong, has strong uptrend it will eventually will make another and another new all time high. gotta make own judgement whether i see next few quarters will be even better or not. i hope this one can make it!
good example the crazy nvdia, always breaks ATH. the new ATH always surprise me. starts from 111, and keep on growing. then it released the 1st surprisingly astonishing quarter results, the price hit 500, i thought couldnt be higher. then goes to almost 750! haha another and another all time high one after one, because it still continuously growing, so with the quarters results.
Why are there more sellers queueing to sell KGB and also WB ? Yet the price keep inching up slowly instead of dropping? My take is there are insiders/ analysts/investors who know/ believe the qtr results will be fantastic and therefore buying slowly and able to absorb the selling pressure well. After all they still have a few more days to accumulate before the results are out. Perhaps needs to take a cue from MPI ? ie. buy before the result is out ?? yes!
Today moving in the opposite direction. Never mind, still.got 3 more trading days before the 4th quarter results is released on 28 Feb 2024. After that, hopefully it is same like YTLPOWER.
PAT = 100 million in FY 2023. This target PAT is achieved today.
I believe the PAT will increase from 100 million in FY 2023 to 120 million in FY 2024. There is a growth of 20% in PAT for FY 2024.
PAT will increase to 120 million for FY 2024 due to the following reasons :-
1.) The current outstanding order book = 1.5 billion. 2.) Higher margin of Ultra-high purity (UHP) gas system makes up 68% of its current outstanding order book of 1.5 billion compared against 59% as reported in Q3 2023. There is an increase of 9% margin in FY 2024. 3.) Its LCO2 Plant 2 with a capacity of 70k tonnes/year or 1.4x of Plant 1, has been completed and commissioned in FY 2024. 4.) The semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively. KGB will benefit a lot from these high growth periods to increase the earnings of KGB.
Let us wait and see is it possible to increase the PAT from 100 to 120 million in FY 2024 ? Thank you.
Commentary Of Prospects The Group continues to enjoy a healthy orderbook replenishment rate across the Ultra High Purity, Process Engineering, and General Contracting Segments. During the 12-month ended 31 December 2023, the Group has secured new contracts amounting to RM1.10 billion in 2023. Including the projects carried forward from the previous years, our total orderbook stood at RM2.80 billion of which RM1.30 billion remains outstanding. In addition, we clinched another major contract amounting to RM143 million in China in early January 2024. The contract is awarded from China's largest semiconductor foundry, to perform design, procurement, construction, and commissioning of gas hookup system in Shanghai, China. Prospects in the Industrial Gases division remain positive as demand for liquid carbon dioxide (LCO2) increases in tandem with the recovery in economic activities. We are also experiencing growing export demand for LCO2 from Oceania countries. To cater to this increased demand, the commencement of our second LCO2 plant in Kerteh in the first quarter of 2024 will more than double our production capacity and further enhance the industrial gas division's financial performance. Additionally, the commencement of our second on-site gas supply scheme in 2Q2024, to supply hydrogen, nitrogen, and oxygen for an optoelectronics semiconductor giant in Kulim, Kedah, will also contribute positively to the Group's earnings visibility over the next ten years. Barring unforeseen circumstances, we are confident of delivering a commendable financial performance in FY2024 as we execute our existing orderbook across our key operating markets.
EH I JUST REALISED. GOT ANOTHER ON-SITE GAS PLANT COMING UP? 2Q2024. "Additionally, the commencement of our second on-site gas supply scheme in 2Q2024, to supply hydrogen, nitrogen, and oxygen for an optoelectronics semiconductor giant in Kulim, Kedah, will also contribute positively to the Group's earnings visibility over the next ten years. " BILA PUNYA. DULU TAK TAU.
that Jurong lapsap doesn't understand cash accounting vs accrual accounting. In Bursa Malaysia, it is an offence to use cash accounting. All companies (whether listed or unlisted) in this world must use accrual accounting, which is revenue or expenses are recognised when a transaction occurs. This is in accordance with generally accepted accounting principles (GAAP). All listed companies must follow GAAP to compile the financial statements.
Extract from Q4 report. >>>>> The Groupís total debt reduced to RM188.0 million as at 31 December 2023 against RM245.0 million as at 31 December 2022. The reduction in debt was mainly due to the repayment of borrowing in Malaysia and Singapore. The notable improvement in net cash balance to RM81.0 million in 2023 from RM14.9 million in 2022 attributed primarily to both debt repayment and the proactive utilisation of working capital. Consequently, the Group's financial position remains strong and healthy with gearing ratio at 0.56 times. >>>>>> Free cash flow of RM100M for 2023.
Wrong is wrong. Another wrong cannot make it right. There are many accountants in this forum, no one said the accounting of KGB is bad. The plantation promoter is having an attitude problem and mental block, please see a doctor instead of saying wrong thing again in this forum. Sad to read all nonsense arguments. Please leave us in peace, we want to make more money. Thank you.
oh man... the more he says, the more i think he is really silly and know nothing.. funny guy.. at least feel some shame and get out from this room. save some pride. he is trying to say kgb clients who mostly are big well known companies from sg, malaysia and china (Micron, Panasonic, IMflash, Seagate, WesternD, HP, Merck, BBraun, Pantai Hospital, Amgen, SMIC, Infineon, TSMC) will default kgb. oh man, i am speechless...
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....
waorangsiam
194 posts
Posted by waorangsiam > 2 months ago | Report Abuse
US market high. China market cloudy. Malaysia politic stable for now, USD/RM cheap. Sure foreign money coming in. Hohoho, 2024 for Malaysia!