LogisticTrend

The Legendary Investors and Businessman Invested in THIS Logistic Stock..

HosayLiu
Publish date: Tue, 11 Jun 2024, 10:58 PM


Quick question: Do you see any interesting names under the Top 30 largest shareholders list of KGW Group Berhad?


If you do, then you have a keen eye for spotting investment opportunities.

Look closely at item No.4–Maybank Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Chiau Beng Teik. This name should pique your interest.

Datuk Seri Chiau Beng Teik is the legendary investor and businessman behind Chin Hin Group Berhad, a conglomerate with a market capitalisation of RM12.3 billion, among other associated companies.

His involvement signals a strong vote of confidence in THIS company.

Another notable name is Ms. Ong Pui Shan, the Executive Director and CEO of KIP REIT, who is also related to Dato’ Ong Choo Meng, the driving force behind the Hextar empire. Her vested interest in KGW further underscores the potential of this logistics company.

Introducing KGW Group Berhad

Enough guessing games. The company attracting these investment heavyweights is none other than KGW Group Berhad. KGW stands out as the only pure-play sea freight logistics company listed on Bursa Malaysia. While some may believe that newly listed logistics companies specialising in land logistics are the most cost-effective, the reality is different for KGW.

With the recent spike in sea freight prices, KGW's earnings are expected to surge. Hong Leong Investment Bank (HLIB) has recently set a target price of RM0.300 for KGW, indicating significant upside potential.

Market Potential and Share Price Outlook

Analysing the share price chart of KGW, there is evidently ample room for growth towards the RM0.300 target. The market seems unaware of the involvement of Chin Hin’s legendary investor, Chiau Beng Teik, just yet.

As this information becomes more widely known, can we expect KGW’s share price to spike in the coming trading days?

The signs point to a promising future for this logistics stock, making it a compelling investment opportunity.

Conclusion

KGW Group Berhad, with the backing of legendary investors and business leaders together with promising business prospects, is poised for substantial growth. With unique positioning in the sea freight logistics sector and favourable market conditions, KGW represents a significant investment opportunity. Keep an eye on this stock as more investors become aware of its potential!

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Be the first to like this. Showing 1 of 1 comments

gohkimhock

you talked like as if Chiau Beng Teik owns majority of the share. Less than 3% only. Not even a substantial shareholder. This kind of article is very nasty..

You know the P/E of this company? Can you tell us?

2 weeks ago

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