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Overview
Financial Highlight
HeadlinesBusiness Background Kelington Group Bhd is a provider of gas and chemical delivery solutions for the technology industry. The company supplies various industrial gases and specialty gases in form of portable high-pressure gas cylinders or from on-site gas generators for use in the electronics, semiconductor, food processing, and oil and gas industries. Its segments include Ultra High Purity delivery systems that ensure safe handling of delivery and distribution of gases and chemicals; Process engineering that engineers and constructs mechanical and electrical systems that support industrial processes; and General contracting works providing civil and mechanical and engineering services to clean rooms and Research and Development centres.
  TecStock https://www.theedgemarkets.com/article/kelington-bags-rm35m-infrastructure-contract-penang?type=malaysia 21/01/2020 8:29 PM Gabriel Khoo The Board of Directors of the Company is pleased to announce that Kelington Engineering (Shanghai) Co., Ltd, a wholly-owned subsidiary of Kelington had on 12 February 2020 received contracts from the largest semiconductor foundry company in China to perform base build and gas hook up works at few locations in China (i.e. Beijing, Tianjin) (“Contracts”). The total Contracts value is worth approximately RM64 million. The period of the Contracts was two years commencing from 6 January 2020. 12/02/2020 6:10 PM Gabriel Khoo Commentary Of Prospects Kelington’s FY2019 performance has been satisfactory, with double-digit growth in earnings, amidst the challenging operating landscape. The UHP and Process Engineering divisions were the key growth drivers to the Group, and we expect to sustain the momentum going forward. In 4Q2019, we continue to receive strong replenishment of orders from the UHP and Process Engineering divisions originating from Singapore and China. We clinched an additional RM92 million worth of projects in 4Q2019 which then boosted our total new project orders to RM386 million in FY2019. We started FY2020 on a positive note as we received approximately RM105 million worth of new orders in the first 2 months of the year, despite the soft operating environment today. Inclusive of the carried forward projects from FY2018 and new orders in FY2019, Kelington’s total orderbook grew to RM646 million, of which RM258 million remains outstanding as at 31 December 2019. The Group is optimistic on our growth prospects as we continue to work hard to clinch for more projects across our key markets. In addition to that, the Group has made positive developments in its foray into the Industrial Gas business. The construction of the new liquid carbon dioxide plant has been completed and registered maiden revenue contribution as it commenced operations since late October 2019. Kelington expects production to ramp up progressively as orders increase, and we anticipate better contribution from this new business from FY2020 onwards. The Group’s key operations outside Malaysia, which are Taiwan, China and Singapore are carried out in the respective local currencies of those countries. Hence, the Group enjoys a natural currency hedge, and this minimizes the Group’s exposure to the fluctuations in the currency markets. 26/02/2020 7:33 PM prince4 Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom.. 06/03/2020 4:27 PM  James Ng https://klse.i3investor.com/blogs/general/2020-05-01-story-h1506850504.jsp [转贴] [KELINGTON GROUP BHD：2019年第4季度又获得了价值9,200万令吉的项目，然后在2019财年将新项目的总订单增加至3.86亿令吉；总订单额增长至6.46亿令吉] - James的股票投资James Share Investing 01/05/2020 11:37 AM All_win_money major renevue generated from SG and China, now SG lockdown 2mths, revenue could be affected 01/05/2020 3:52 PM bsngpg Very well said. That is why I am just holding what I have had and hesitate to add more to average down my holding cost during market meltdown last month. My last purchase on KGB was right before the meltdown, thus in fact I am holding it at lost as at today. 01/05/2020 4:19 PM bsngpg If we look at its profit growth trajectory at +30%, +51%, +38%, +438% for the last 4 years, it is too attractive for a buy. I will buy more when there is chance to free up some fund stuck in others. 01/05/2020 4:39 PM Miguel_Felix https://www.theedgemarkets.com/article/kelington-group-may-climb-higher-says-rhb-retail-research 18/05/2020 8:19 AM S_ken Latest QR is at record high revenue and profit, improved profit margin but stock price is 20-30% discount from record high. New plant completed and start contributing last oct 2019, target to penetrate liquid CO2 industry (Much bigger market). Q1 is the weakest just like frontken, lets see if ppl throw after qr released tocollect more. 27/05/2020 12:28 PM maddank https://www.bfm.my/podcast/morning-run/the-breakfast-grille/kelington-increasing-contribution-from-industrial-gas 27/05/2020 3:15 PM BostonMaxwell Why Kumpulan Wang Persaraan keep collecting under 1.10??? Someone know??? 28/05/2020 10:20 PM S_ken If you compare the YoY revenue they actually improve. The liquid CO2 revenue increases by 5 times YoY due to the new plant start contributing revenue. Without China lockdown in Q1'20, the profit will be much higher, this coming quarter will be affected by Singapore lockdown. Strong order book and net cash, let's see if I can collect more at below 1 :) 31/05/2020 1:03 PM  SuperPanda ESOS at 0.18 at 10m shares, very lucky those staff who earn esos. Upon exercise easily earn 85c 24/06/2020 7:07 PM hoh13 Esos so many shares to the management with very cheap price, after esos, management sell their esos share to the market. 06/08/2020 4:03 PM  | |
