this counter is seriously undervalued..

i think calvintaneng is hiding inside the toilet vomiting blood now..

Currently we are having the useless opposition bloc in our parliamentary history. This group of people couldn't perform their role of check and balance. For the 12 months, almost every month we can hear about tebuk atap. They want to go the simplest route to become the next govt by another Sheraton Move. They can't even come out with an alternative budget. In our history, never we had this kind of weak opposition. They failed in their own ruling states too. Unemployment is high in those states governed by PN. Lack of basic ammenies. Just name it and you will get it. It is even worse than some parts of Africa.

Oh yes... Come on babe. Resistance and volume breakout.

to those who had lived through the administration of Mahathir, this is a very exciting story to follow in his final battle. It will be against his former prrotege DSAI..

it is possible above RM5 for Gamuda. Their earnings base is large. After all, i foresee construction and property counters to stage a strong comeback this 2 years..

@calvintaneng Don't try to twist my words. The post quoted by you on my comment on 2/6/21 was for which topic?

And substantiate your claim that i defended Serbadk. I have been one of the most critic of Serbadk. Scroll back my comments and read carefully.

It is not gentleman to twist other people's words by taking some part and joining with other parts. To me, you're worse than an idi01 for twisting others' words and comments.

Calvin only harping on receivables. That's his only point of argument. Doesn't care about facts and figures; even though the latest quarterly report Note 12 already explained in a very detailed manner. Even a secondary schoolboy can tell you what are the figures. Then he might be thinking he is the POTUS that every company must report to him how they do their business, not knowing he himself is actually a nobody..

this is one most stubborn idi0t I have seen in my whole life. His character will cause his own downfall in future.

If you look at Serbadk, they went listed with only one intention. To scam money by cooking up the books. Auditors red-flagged it when it couldn't verified some of the big amount invoices. They sent those audit confirmations to the party involved but couldnt received it back. Address were not right. That's how it all started..

KGB's business is genuine. So far as i can see la. I am monitoring its financial statements every quarterly.

when we talked about Public Bank's liabilities, it is not about the loans. It is about the deposits from the customers. OMFG this calvintaneng..

Pls dont tell me he is better than KGB auditors. This is not April's Fool day yet..

the above is an example extracted from Public Bank results. How their liabilities grow.. So as their assets. Share capital account remains.

@calvintaneng same case as in banks. Look at their liabilities. Under the balance sheet just in case you dont know.

Go take a basic course in accounting la. Not that much expensive also. At least you know something. Now totally zero. People like cgtan2020 and me educate you also don't understand..

YEAR ENDED 31 DECEMBER 2022 2021 2020 2019 2018
OPERATING RESULTS (RM’Million)
Operating profit 9,203 8,579 7,403 7,283 7,270
Profit before tax expense and zakat 8,831 7,367 6,285 7,134 7,101
Net profit attributable to equity holders of the Bank 6,119 5,657 4,872 5,512 5,591
KEY BALANCE SHEET DATA (RM’Million)
Total assets 493,263 462,739 451,257 432,831 419,693
Gross loans, advances and financing 376,892 358,027 345,651 330,468 317,302
Total liabilities 441,737 413,314 402,830 388,084 377,597
Deposits from customers 394,719 380,394 365,871 353,340 339,160
Core customer deposits 335,570 325,770 310,144 294,646 283,846
Share capital 9,418 9,418 9,418 9,418 9,418
Shareholders’ equity 50,179 48,163 47,248 43,594 40,973
Commitments and contingencies 104,722 102,643 106,934 94,315 96,368

@calvintaneng what you are implying here is every company must do cash sales. If you choose this way, you don't get to do business anywhere. Nobody will deal you. There will be no loans disbursed by the banks too.

@calvintaneng, one of your weakness is stubbornness. Luckily, the earth is still in round shape in your mind.

those developers that concentrate on residential lots will be the first to recover (which it is happening now) than office lots. The govt of Malaysia is doing a good job particularly in this sector. I have witnessed an uptick of sale and purchase agreements being signed and the loan disbursements from the banks are increasing at a tremendous rate.

finally PH is doing something to combat corruption. Thumbs up!

my picks for 2024

E&O 10%
Hexcap 10%
Kerjaya 20%
KGB-WB 30%
MahSing 10%
Slvest 20%

All in. Looking for a great year for 2024. Show Hand!

@TanKW why got cash in so many times?

wah! can buy and sell one ah? Perhaps Mr Tan KW can explain more here..?

what good job?

Dividend 0.5 sen means RM0.005. Half of 1 sen. Better dont give.

atm, PE is 70+. i deemed it as overvalued.

approximately 3 months ago, i have oredi warned liao. This is a very bad trap. If it goes down, just let it be. Dont chase. this kind of counter, not worth it. Stark contrast compared to MrDiY.

obviously the traders are not buying into Calvin's crap. All based on his own imagination. KGB has a reputable external auditor. Who do you believe now?
A) Crowe Malaysia (the audit firm which audited Kelington Group Bhd financial accounts)
B) Calvintaneng (the great story-teller of i3investor)

Merry merry! Have a wonderful Christmas day..

Revenue is shrinking. All contents censored. Even the news.

I prefer to watch YouTube and Pornhub. New contents everyday.

gu lou yuk. One of my favourite dishes. Yummy!

but Jakim itself are using taxpayers' money. It came from various sources. Is that halal..?

@calvintaneng Who are you to ask for KGB's clients' particulars and information? Who you think you are?

Are you being ignorant here? I have educated you on what is receivables. Search back all my posts in this KGB thread. You really are a noob in investing.

I trust myself only. I read a company's financial statements thoroughly before i make my move. KGB is a good buy. It is also in my 2023 i3 stockpick competition. Calvin, come challenge me in that competition if you balls. It will re-open again next Friday. This is my offcial challenge to you. Bring all your plantation counters come in. The link below is 2023 which will end next week.

https://klse.i3investor.com/web/blog/detail/stock_pick_2023/2022-12-30-story-h-302069733-Stock_Pick_Year_2023_Table_of_Content

Public Investment Bank gave a price target of RM0.59, which i think is very realistic. Almost same as mine. Mine is RM0.55

There is a report by Kenanga which i finally agreed with their view. I think they got it right this time. They downgraded glove sector to underweight with no picks.

While some players had turn in a small profitablity, it still dont support their current valuations. Mean overvalued la. 😁

Earnings is lacking, as most of these so-called "profits" were actually driven by decommissioning of older plants and lower input costs, utilisation remained depressed. This is unlikely to change in the coming few quarters. Oversupply still persist.

slowly slowly up. RM3來！Yo! 使乜惊呀..

got hope is good, but sometimes reality is reality. Try not to be emo in stockmarket. 死了都不知什么事..

more like inverted V shape to me. Get yourself trapped again and slowly wait for other newbies to rescue you..

Game over! Like this also cannot recover..

Next year will be oversupply as Argentina resuming full production. Ukraine has started to export their sunflower oil too.

Former US president Barack Hussein Obama is laughing at this statement..

that's because the virus is no longer deadly as compared to it was firstly discovered..

lol those glovetards still living in their dreamland? Still haven't awakened up yet? Anyone die from Covid-19 nowadays? What is the %? Sorry to have burst your wet dreams haha..

why want to bother with that soh@1 Calvintaneng? He doesn't know how to read a cash flow statement. His only bullet is so-called "high" receivables. But failed to acknowledge KGB strong positive cash flow and increasing revenue and earnings. Pity his group of subscribers following this half-baked noob.

@Bursavulture 2 quarters have passed, as demanded by you. What say you now..?

if you don't go out and vote, you literally lose the right to complain.

PAS doesn't understand economy. Can't even present an alternative budget. Malaysia will be doomed if these kind of people who manage Kelantan able to get into Federal..

I also heard that Sarawak civil servants are less lazy than their Peninsula counterparts. Kudos to Sarawak state..

limit up coming?

If you look at Eversendai AR, its cash flow statement was actually negative. That's what killed the company.

KGB is a healthy with company with a positive cash flow, and increasing revenue and earnings. So go buy this counter as it might be the counter for the year 2024 (assuming there are no changes to its outlook).

Calvin said that receivables are not cash. True. That's why it had been taken out from the cash flow statement. It had been minus out. Go ask your accountant friend to teach you how to read a cash flow statement. Inside a cash flow statement, whatever is not cash, will be adjusted accordingly. We will add back depreciation (which is an expense that is not cash), stock purchases which will be using cash, hence it will be minus out, receivables which are not collected as yet - will be minus out too. The whole cash flow statement is there for you to read. The thing here is whether you know how to read it or not, or simply plucking a certain segment and then interpreting it in your own way..

Just ignore that mad dog Calvin. He doesnt understand accounting at all. Just use his own interpretation to his own liking. Experienced stock traders can tell you that why some stocks are selling cheap. THPlant is selling cheap for a reason. Unlike KGB, THPlant has no room for growth; Looking back at the previous 5 to 10 years, THplant had actually gone backwards. Analyse it youself. Whereas KGB is going from strength to strength, be it B/S, P&L or cash flow..