Kelington Group Berhad Company
Business Description:
Kelington Group Berhad. The Group's principal activities are providing engineering services and general trading. It provides UHP gas and chemical delivery systems solutions that comprise of products and services, such as system design and installation, gas and chemical industry equipment, control and instrumentation, QA and QC, as well as maintenance and servicing to various foundries and clients who require UHP gas or chemical delivery systems in Malaysia, the People's Republic of China, Taiwan and Singapore.



Current Price (3/26/2010): .74
(Figures in Malaysian Ringgits)


Wright Quality Rating: LBNN


The ratings consist of three letters and a number. Each letter reflects a composite qualitative measurement of numerous individual standards which may be summarized as follows:
A = Outstanding; B = Excellent; C = Good; D = Fair; L = Limited; N = Not Rated.





Comment:
This is a recent IPO (November 2009).
Probably better to avoid IPO in general.
Its longer term profitability and growth have yet to be established.
Can relook after a few years when its business track record can be better assessed.