Despite the decline in revenue in 2Q2024, gross profit increased by 21%, rising from RM46.0 million in 2Q2023 to RM55.5 million. This significant improvement in the gross profit margin, which increased to 17.3% from 10.8% in 2Q2023, was primarily driven by changes in revenue composition and a favorable project mix, as well as the contribution from industrial gases division. Additionally, PBT and PAT for the current quarter showed robust growth, each expanding by 34% compared to 2Q2023.

means KGB is on the right track as a growing company. The revenue is still within expectations.

@Plantermen spot on bro.

I never liked a captain of being dishonest. From hiding deferred tax to profit misguidance, it will come back to haunt you later. This is a public listed company and the captain shall be accountable for all his/her actions.

Laziness is rewarded only in one country in this world..

Palm oil counters? Go fly kite la. Cost of harvesting is almost 3k. Not far from its current market price.

As for properties, it is the best safeguard against inflation.

Nevertheless , however you dislike him because he is from DAP, one has to admit that he is the best Minister of Housing and Local Government that Malaysia ever had in the history so far.

anyone got deep-fried with this cooking oil..?

CEO: 爛攤子就交給你们吧. 我先走啦..😁

You can see very well. MahSing has better management when it comes to risk management..

not many people able to grasp the trading technique of cutting loss. Just hold and hold is not always the best solution. If that's a good fundamental stock like KGB, then it is. If you found some hanky-panky stocks like Serba, the best option is always to minimize your losses. 米饭变成粥了. No hope jor..

so hard to do business in Malaysia. This condition that condition. Maybe i shall go to Vietnam or Cambodia. These countries are coming up..

One big falling knife 🗡 coming also cannot see..

Solarvest secures five CGPAs under CGPP totalling 59.98 MWac

https://www.thestar.com.my/business/business-news/2024/08/09/solarvest-secures-five-cgpas-under-cgpp-totalling-5998-mwac

sometimes a temporary drop will present us with some very good opportunities to grab good stocks at discounted price. This opportunity dont come always. I always like Sunway group. They are one of the best managed conglomerate in Msia.

Experienced traders can tell you this is no forced selling. I have said this earlier. If it is forced selling, it will be mentioned at the announcements there. Look at Serba. It was mentioned. This is voluntary disposing aka cashing out.

nowadays very easy to setup and list a company.

- setup a new company with some small capital
- make the accounts look like for few years
- IPO
- during listing, you can be allotted more shares
- sell the shares and become instant multi-miliionaire.

usually the partnership will continue as not to make things difficult for their own engineers to test another supplier's UHP gas.

If a company is on the right track of trajectory growth, why would the owner relinquish it..
Something to ponder..

@45AMG it is those speculating syndicates that we see daily. They will try to jack up the price to lure you to enter. But if this turned out to be ataims 2.0, then they gonna get burnt. So better for the normal traders to stay away from this counter for the time being.

If it is force sell, it will be stated in the announcement. More like voluntary disposing to me.

captain abandoning the ship. Good luck..

"We expect its earnings to return to pre-Covid level only in FY27/28F onwards"

This is laughable. I can bet with you it will never return to pre-Covid19 level. Never.

@MichaelKwok you are making a mockery out of yourself. Which stock never come down on black Monday? Try shorting MahSing if you have balls..

I did not follow this counter. What's the story here..?

I did not say Harta is bad. Only it's valuations is too high at such profit.

pre-Covid19 is way better than now..

In stock market, it is essential to control emotions. Believe in the fundamental of good stock like FPHB. Buy on dip. You will become a good value investor.

Intra day high. Lol. What a roller-coaster. As long as you believe in KGB fundamental and not impulsive on Intel's decline, everything will be fine.

Hexcap below 50 sen is a very good price to enter. It is in my 2024 stock pick competition too..

this Michael Kwok so noob. Today is 31/7/24. Later Tan KW will post the i3 stock pick competition results for July 24. Let you guys see his position.

frog under coconut shell..

cheapest price.. That's your only argument. It is cheap for a reason. At the current price, i would prefer to go for MahSing.

I am still holding at RM0.4x

Let's wait for next quarter. Don't speculate. Action speaks louder than words.

I fully support Charles Hector's view.

@Berlin better save your breath. Sai Hei la...

Don't talk accounting with calvintaneng. He doesn't understand. He only knows how to see the Revenue, Gross Profit, Net Profit. You give him a copy of Trial Balance or Cash Flow Statement, he cannot interpret it. Because he is not trained in accounting. Can't blame him for this. But don't act like you (calvintaneng) know how to read the figures. Calvin, you are giving wrong information. A simple thing like Account Receivables, he also can interpret it as bad debt, omfg! Complicated things like Book Value, NTA, Goodwill, Depreciation, EBIDTA, Tax Provision, Deferred Tax etc all these better don't waste your time on him. He doesn't and will not understand.

strong uptrend coming for this counter.

Just tracking technology index. Nothing wrong. If got chance it, grab it.

who is Michael Kwok? The person who is trying to speculate but occupying the last position in the i3 stockpick competition 2024. Useless idioot.

someone hate a strong America..

Ini kalilah... RM2 broken really..

It has no strong fundamental to support such high price. In other words, show us the report cards first..

every PM also repeat these words. Why need to repeat it in the first place?

Malaysia is safe under Pakatan Harapan ruling. At least there will be no 2MDB..

Not recent. Only the 3 newly-listed IPOs that listed on 2nd, 3rd & 4th July. They are not supported by strong fundamental at this price.

ini kalilah...

@rr88 agree with you. Potential loss-making co in future. Look at it PE and ROE. Not convincing at all to me..

If you are a good investor, you will be able to see it's prospect. If not then you're just an ordinary rumour listener.

Wholesaling business always make good profit. They control the market price. When did you ever see a wholesaler went bust?