Highlights
KLSE: KGB (0151)       KELINGTON GROUP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.29   +0.29 (14.50%)  2.02 - 2.35  19,015,400
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Recent Prices

Date Open Range Close Change Volume
19/01/2021 2.09 2.00 - 2.12 2.00 -0.06 (2.91%) 4,480,200
18/01/2021 2.03 1.94 - 2.08 2.06 +0.05 (2.49%) 4,657,300
15/01/2021 1.91 1.90 - 2.04 2.01 +0.12 (6.35%) 10,382,200
14/01/2021 1.76 1.74 - 1.90 1.89 +0.15 (8.62%) 7,377,900
13/01/2021 1.69 1.69 - 1.78 1.74 +0.08 (4.82%) 1,753,600
12/01/2021 1.60 1.59 - 1.68 1.66 +0.04 (2.47%) 832,200
11/01/2021 1.60 1.58 - 1.66 1.62 +0.02 (1.25%) 604,000
08/01/2021 1.67 1.59 - 1.68 1.60 -0.07 (4.19%) 1,890,600
07/01/2021 1.71 1.63 - 1.71 1.67 -0.03 (1.76%) 1,151,500
06/01/2021 1.71 1.69 - 1.77 1.70 -0.01 (0.58%) 1,092,100
05/01/2021 1.82 1.70 - 1.83 1.71 -0.14 (7.57%) 1,935,500
04/01/2021 1.73 1.69 - 1.85 1.85 +0.16 (9.47%) 4,840,700
31/12/2020 1.65 1.65 - 1.73 1.69 +0.06 (3.68%) 3,006,400
30/12/2020 1.54 1.53 - 1.65 1.63 +0.10 (6.54%) 814,000
29/12/2020 1.57 1.53 - 1.58 1.53 -0.05 (3.16%) 926,600
28/12/2020 1.59 1.57 - 1.59 1.58 -0.03 (1.86%) 554,400
24/12/2020 1.59 1.59 - 1.61 1.61 +0.03 (1.90%) 391,200
23/12/2020 1.60 1.58 - 1.62 1.58 -0.01 (0.63%) 422,100
Analyze this stock with MQ Trader system

  13 people like this.
 
dawchok Quiet quiet counting the paper profit. Want to be rich, big heart is needed. Greedy sometime is good.
15/01/2021 4:12 PM
Leonggg @dawchok @Nepo any comments? hehe

Learn quite some stuff from both of you, thanks tho
15/01/2021 4:16 PM
Nepo @Leonggg, My opinion is uptrend is quite obvious, but short term is overbought and may facing correction...

Mid to long term still remain promising.

I will top up some during correction..
15/01/2021 6:02 PM
anthonytkh The RSI almost mirror the price. However the RSI peak was on 16/11. Even the past few days of rise as well as hitting new high today, the RSI currently is still below the 16/11 peak

Overbought imo. Wanted to go in yesterday but didn’t coz volume hasn’t been high enough for me personally. Will watch
15/01/2021 6:29 PM
dawchok Leong : i have few assumptions:
Write back the 3.2 mil forex loss as it is a non operational loss, Q320 eps is 2.5cts. Annualize eps 2.5x4 = 10cts.
5 yrs CAGR till Dec19 = 36%. Q3 yoy growth=29%. Bright growth prospect from China, Taiwan, MNC in Penang. Thus I give KGB PE=30.
TP=PE30*eps10=RM3.00.
Give 20% discount for safety margin, TP=RM3x80%=RM2.40. Cheers!!!
15/01/2021 9:30 PM
dawchok https://www.sinchew.com.my/pad/con/content_2411585.html
Biz opportunity for KGB in Taiwan.
15/01/2021 9:31 PM
Leonggg Thanks @dawhock @Nepo for the comments. I agreed on what you guys have commented. Always get to learn something from you guys regarding this stock.

Semiconductor (2021) Dry Ice (Vaccine arnd Feb-April) Joe Biden inauguration (20th January)

KGB all in
16/01/2021 3:44 AM
dawchok May take a look at VS besides KGB. I bet for big there too.
17/01/2021 3:02 PM
Leonggg Noted @dawhock thanks again.
18/01/2021 12:36 AM
gemfinder c u at 2.80
18/01/2021 5:15 PM
Gabriel Khoo Dont forget my 3.5 lol
18/01/2021 6:20 PM
Gabriel Khoo Kelington’s orderbook hits RM490m with new RM118m contracts | https://www.klsescreener.com/v2/news/view/779747
18/01/2021 6:58 PM
gemfinder Make itc4
18/01/2021 10:39 PM
Gabriel Khoo In our recently meeting with Kelington Group, we noted that SMIC is still rushing the group to speed up on the delivery and hinted of more UHP-related jobs to be awarded in 2021.
19/01/2021 8:10 AM
INVEST_AA https://www.klsescreener.com/v2/news/view/779997/kelington-s-total-new-orders-for-fy20-hits-all-time-high


Kelington’s total new orders for FY20 hits all-time high
TheStar Tue, Jan 19, 2021


Chief executive officer Raymond Gan said the company remained resilient during the unprecedented year, supported by a STRONG pipeline of project orders.

PETALING JAYA: Integrated engineering solutions provider, Kelington Group Bhd, has clinched several new contracts amounting to RM118mil in the fourth quarter of 2020 (Q4).

In a statement, the company said the new contract wins lifted Kelington’s total new orders in financial year 2020 to RM490mil, hitting a new ALL-TIME high of total new orders secured and surpassing last year’s record of RM386mil.

“The majority of the new orders secured were from the Ultra High Purity (UHP) segment, accounting for about 60% of the total, from across China, Malaysia and Singapore. More than one-third of the new orders secured was awarded by the LARGEST SEMICONDUCTOR FOUNDRY company in China, ” it said.

Chief executive officer Raymond Gan said the company remained resilient during the unprecedented year, supported by a STRONG pipeline of project orders.

“The recovery of the semiconductor industry has been encouraging, and we are seeing the resumption of project orders from Malaysia and Singapore for our UHP and Process Engineering division.

“Despite the fluid economic landscape, our project flow from China was doing relatively well, and contributed approximately 35% of total new orders secured in Q4, as our MAJOR SEMICONDUCTOR CLIENT CONTINUES TO EXPAND ITS OPERATIONS, ” he said.

He said the company was POSITIVE that the UPWARD momentum will CONTINUE in 2021, as semiconductor and electrical and electronic industry players were gradually RAMPING UP their operations to get back on track for EXPANSION.

Meanwhile, Gan said the group’s industrial gases operations have normalised with production volume being resumed to the previous level. However, following the recent announcement on the second movement control order or MCO, it is cautiously optimistic on the pace of sales orders.

“We do not foresee a similar decline in demand for our liquid carbon dioxide such like the first MCO as most of our major end-users such as industry players from construction, manufacturing, etc, are permitted to operate this time around, ” he added.
19/01/2021 11:52 AM
INVEST_AA Opportunity to collect when its down...
19/01/2021 12:04 PM
dawchok New contracts support visibility of growth prospect. Die die hold KGB till TP2.40-3.50.
19/01/2021 1:55 PM
INVEST_AA It will rocket UP further.. just that today most tech/ semicon related are taking a breather...
19/01/2021 3:04 PM
INVEST_AA Two areas of their business are getting me very confident of their future outlook:

- More projects from the LARGEST SEMICONDUCTOR FOUNDRY company in China..

- And huge Dry Ice potential business from upcoming vaccine transportation via its industrial gases segment...

These two businesses will surely increase their sales n profit substantially from Qtr to Qtr,... wait n see..
19/01/2021 3:08 PM
INVEST_AA It's just a perfect combination of businesses in this current situation
19/01/2021 3:09 PM
dawchok AA : I can not find the data. Do you know how much does dry ice biz contribute to the net profit in a year ?
19/01/2021 3:45 PM
INVEST_AA Its parked under its under industrial gas division which accounted for about 7% of its 3Q2020 revenue (Vs. 1% in 3Q2019)... its on growing trend and hence there is substantial upside for the company
19/01/2021 4:06 PM
INVEST_AA Their 3Q report doesn't provide profit by segments
19/01/2021 4:08 PM
PGOne (Pure Goreng One) Join some, RM 4 woohoo power of SMIC
19/01/2021 5:15 PM
dawchok AA: tq.
19/01/2021 5:20 PM
Gabriel Khoo 4 skid tanks are ready for export....co2
19/01/2021 6:05 PM
LOLANTO ok, all in
19/01/2021 7:16 PM
Nepo don't all in..sikit sikit accumulate..short-term risky..may stick at HIGH price
One of the director just unloading RM1.89, 100,000 shares on 14 Jan 2021..

Qoute
News on 18 Jan 2021
Kelington: Secures RM118m new contracts in 4Q 2020, fullyear deals hit record high RM490m. Kelington Group has clinched several new contracts amounting to RM118m in the 4Q20, lifting its total new orders in FY20 to RM490m, a new alltime high, surpassing the previous year’s record of RM386m. Kelington CEO Raymond Gan said it remained resilient during the unprecedented year supported by a strong pipeline of project orders. (SunBiz)..

Short-term may face correction due to the news materialized..
20/01/2021 8:48 AM
dawchok 20Jan2021: LCO2 plant’s utilisation recently picked up from 50% to 100% 
29Jan2020: LCO2 further expansion should its existing plant capacity reach 80% utilization.
LCO2 : margin >30%.
Nov2019: expect 30% contribution to revenue within 3 - 5 years.

Hidden gem from LCO2 let alone the very bright prospect of its core UHP.

Die die hold.
20/01/2021 9:16 AM
Gabriel Khoo Upgrade TP to RM3.10 (55% upside). After a very positive meeting with the management, we believe that FY21 could see yet another year of record high orders, building upon the RM490m all-time high order secured in FY20. SMIC has continued to award more jobs with the latest one secured in Dec 2020. Existing SMIC jobs at hand will keep the group busy till June, excluding on-going 2021 tenders. Being the incumbent, we believe KGB has the advantage in winning the 2021 bids which will consist of UHP hook-up in all four SMIC fabs. Its LCO2 plant’s utilisation recently picked up from 50% to 100% due to strong demand from Singapore, leading to higher ASP. Halal certification for its LCO2 is expected to be secured in a month’s time, facilitating its plan to penetrate the food and beverage segment. Hence, we believe there is room for more ASP hikes.
20/01/2021 9:17 AM
Gabriel Khoo Ops. Kenanga tp so close to my tp of 3.5
20/01/2021 9:21 AM
INVEST_AA Just collect and hold... more beautiful results coming out in the future...
20/01/2021 9:47 AM
dusti Why did insider SELL?
20/01/2021 10:17 AM
INVEST_AA Why u worry with such little insider sell? Just 100K shares... y worry?
20/01/2021 10:29 AM
INVEST_AA Maybe the mgt needs money to buy new mercedes etc and dont want to take loan
20/01/2021 10:31 AM
INVEST_AA TP 3.10 - 3.50...
20/01/2021 10:31 AM
dawchok AA: You "cannot finish eating". Congratulations. Let's challenge ourselves to see who have the most patient till 3.50.
20/01/2021 10:52 AM
INVEST_AA Hope everyone Huat Together...
20/01/2021 11:01 AM
INVEST_AA When vaccine arrives in Feb, their Dry Ice will sell like Hot Cakes...
20/01/2021 11:02 AM
Leonggg @dawchok your analysis is accurate haha
20/01/2021 11:15 AM
Leonggg Highlights of the day: Semiconductor products in serious shortages
https://www.digitimes.com/news/a20210119VL200.html


Global Dry Ice Market Size, Share, Industry Growth Analysis by Types, Applications and Key Players
https://murphyshockeylaw.net/uncategorized/1163887/global-dry-ice-market-size-share-industry-growth-analysis-by-types-applications-and-key-players/
20/01/2021 11:29 AM
dawchok Leong: do you want to take up challenge on "patient" ? It is a very torturing process. ha ha
20/01/2021 11:32 AM
INVEST_AA Patience will pay off....
20/01/2021 11:35 AM
Leonggg @dawchok I'm not gonna lie but it is very tempting to sell now haha because you know what they always say "Money is not yours until you spend it."

But the rule in investing is "Our Favorite Holding Period Is Forever." so I will hold since 2021 semiconductor is in demand XD

how about you @Nepo haha
20/01/2021 11:42 AM
dawchok I also worry that i will fail to wait till 3.50. Usually I will start taking profit when reaching 100% return. Another 40cts, i reach my milestone. The rest would be super bonus.
20/01/2021 11:52 AM
dawchok My greedy calculation on eps justifies it at RM4.00. In reality, my heart is not tough enough for that.
20/01/2021 11:54 AM
gemfinder hold tight tight
20/01/2021 12:41 PM
gemfinder make it rm4
20/01/2021 12:42 PM
dawchok Congratulation, you have found a gem here.
20/01/2021 12:48 PM
Bluey Am pleasantly surprised that all are happy with performance of K
When you are done,please buy a bag each of cat and dog food and deliver to the nearest rescue animal home. Why? Many people have lost their jobs and abandoned their furry friends. Animal rescues have adopted many and they need help. If you are in the money or going to be, please be generous and history will repeat itself. Cheers ALL and Good Luck!
20/01/2021 3:28 PM


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