nice... son premium only 20%...

The global demand for semiconductors is growing at an unprecedented rate, and GF is responding to this growththrough a series of strategic long-term agreements with existing and new customers and simultaneously expanding global capacity to meet customer demand.


https://gf.com/press-release/globalfoundries-announces-extension-amd-wafer-supply-agreement-guarantee-supply

looks like the latest 110mil contract is from GLOBALFOUNDRIES SINGAPORE....most likely can see more contracts awarded from this customer see below news... :)

AMD amends GlobalFoundries deal, will buy $2.1 billion worth of wafers

https://www.thestar.com.my/tech/tech-news/2021/12/24/amd-amends-agreement-with-globalfoundries-to-buy-21-billion-worth-wafers

hohoho...

going to be record earning next year...

more contracts more EPS...

any benefit for kgb to be included in F4GBM index?

https://www.klsescreener.com/v2/news/view/921971/ftse4good-bursa-malaysia-index-sees-seven-new-inclusions

https://youtu.be/_KJeZarr28Y

Kelington Group - Christmas Came Early... Don't be late for the party..

https://klse.i3investor.com/servlets/ptres/61547.jsp

hold 1.63 and try break above 1.65... good

touched 1.43 support and rebound... good

those holding son consider lucky... base on 30% premium the price should go below 60sen..my advice be very careful keep a close eye... once they decide not to support easily can drop over 20% from current price...

https://www.theedgemarkets.com/article/brokers-digest-local-equities-food-and-beverage-mr-diy-group-m-bhd-kelington-group-bhd-mi

there can be many guesses as to why.... may be current son price consider undervalue...may be the owner continuously buying son for future conversion to increase % of share holding a cheaper way 1-2 years down the road.... may be just trying to paint a good future prospect... may be the owner just feel too boring just want to support the son price.... any guesses will do... the real reason behind the buying, well, only the owner knows... we can only buy/sell base on what has been disclosed.. if u think is good then buy/hold, else just sell...

the way u commented,.. sounds like already sold...

someone promised waterfall show...i waited waited and waited, where is it? more like a peeing show...hahaha... so tomorrow promise us another waterfall show or not?

btw, though I not see research follower, I think should give him some credit also... he made a call to buy son when it was below 0.4.. how many here regretted not follow this call? I think this guy keng88 followed and he made handsome profit! so, at least said a thank u to him lor... if u have follow earlier on would u now cursing him or appreciated what he has done? just my thought ...even u sell now still making over 100% gain! what is there to complain, cursing....

world markets kind of unsettle...high oil price, high bond yields...

wah so lucky got a grandpa pamper him... I also want to throw tantrum here....

wah somebody keep shouting here...must be hitting jackpot....so happy for him... dont forget the treat us...

Posted by BennyWhittman > Oct 9, 2021 9:35 AM | Report Abuse

@Leong don't talk cock if grapes are sour, say they're sour. Call a spade a spade lah, no need to bullshit.

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Ya lor, the grape is super sour... tell that to this guy Nepo who hold this share around 0.70 for quite sometime... I think he still holding to this sour grape...

I myself sold all mother at 1.48 and son at 0.395 due to thinking only sour grape left, and ended up have to buy back the son at 0.495 paying a hefty 25% premium....

this poor fellow being punch left, right, up, down... by the way, just wonder how many he owned 1 lot or 1 mil lots... getting so emotional with the share price not good for your health....

sometime cloudy, sometime thunderstorm, today looks like sunny day....

Kelington Group - Seals 100% Win Rate

https://klse.i3investor.com/blogs/kenangaresearch/2021-10-06-story-h1591930777-Kelington_Group_Seals_100_Win_Rate.jsp

Technology - Riding on the Chip Crunch

TSMC and other wafer fab players had in recent earnings call stated that they are planning to build more capacity for the automotive industry which typically takes 12-18 months, this explains why automotive semiconductor players (e.g. Infineon, ST Micro and Renesas) are already locking in orders 1-2 years in advance. Such development continues to favour our hidden gem pick, Kelington Group (OP; TP: RM2.50), as a prime candidate to benefit from fab expansions in Asia. Even with share price surging more than 3.2x (inclusive of free warrants) since our non-consensus initiation report on 11 Nov 2020, it still remains as our high conviction buy as the group is expecting more ultra-high purity gas system (UHP) job awards from fabs in China and Singapore.

Maintain OVERWEIGHT stance on the technology sector. Our top picks are:

(i) Kelington Group (OUTPERFORM, TP: RM2.50). Kelington Group recently clinched its largest job win worth RM420m, doubling its existing order-book which was already at an all-time high level prior to this win. The job entails a turnkey construction of a new semiconductor fab in Kuching for a US-listed memory company which will begin immediately as the US client is scrambling for capacity to keep up with the surge in memory chip demand. This brings YTD order wins to a new high of RM764m while its order-book hits a record RM822m, nearing its current market cap. We expect more fab expansion to come and KGB is in a favourable position to benefit from more UHP jobs, with the management showing no signs of slowing down in terms of securing new jobs. The group’s tender-book remains elevated at RM1.1b.

https://klse.i3investor.com/servlets/ptres/60933.jsp

https://klse.i3investor.com/servlets/ptres/60904.jsp

4QCY21 Investment Strategy - Shifting Ground
one of Top picks for 4Q21: KGB TP:2.50

new contract or not... based on previous 420m job win enough to upgrade the stock future earnings... kenanga TP:rm2.50

not bad... at least close at 1.83... son almost back to 30% premium...

nice weather today... can close above 1.83 good enough for me...

son moves faster because low premium...it was pegged at 30% premium before listing.. also may be anticipate the mother to break rm2 soon and mover higher? mother reach rm2, son could hit 1.2...

son premium 20%.... still low...

son premium only 19%....

nice uptrend... son premium still so low only 18-19%

@keng88, not so lucky actually... was waiting for son to drop back 0.4 to buy, who knows suddenly announced huge project win again....

this round i bought son, current premium so low 16%....

when mother 2.50 how much son worth?

WOW TP 2.50

https://klse.i3investor.com/servlets/ptres/60803.jsp

TP 1.90

https://klse.i3investor.com/servlets/ptres/60802.jsp

heading to prebonus rm2.0 level?

luckily, this morning join back....hehehe

wow, congrat to all....

morning sold all.. holding since beginning of the year enough for me :) good luck to u all...

Damn... hand itchy sold the son in morning, afternoon ran up....luckily still have the mother...

today close above 1.30 is good enough...

are u lost? here is kgb not d&o.... and kindly share more useful info if u have any, not just this stop, next stop, this stop, next stop.....

TP:1.50

https://klse.i3investor.com/servlets/ptres/60372.jsp

Mestron already up over 100% since this year... it went up so much mainly on 5g poles speculation... how much more room u think it can go up from current super high price? to me not worth the risk.... I may be wrong....anyway good luck holding mestron..

can go above rm2 pre bonus level in 6 months time or not?

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/07/09/norway039s-telenor-quits-myanmar-over-military-coup

Telenor Myanmar sudah cabut lari.... ock myanmar operation in deep shit.. sure die liao.... 30 cents coming...

ever since I quit ock last year, no more any interest in this useless ock, just saw this news so drop by to post it... those still holding tight tight since ock first start tower business in myanmar, hope u all still alive...unfortunately was a painful lesson for me... over confident with ock and his team to achieve his SEA Tower dream, paid a big price.... hope u all still alive... where is the famous sosfinance, I don't see him/her comments anymore... I guess previous batch small investors all die...now is the new batch coming in....

Those still faithful small investors many good luck to u all... may be just may be ock able to find a way to list the tower business then u can smile...

https://www.klsescreener.com/v2/news/view/713979

https://www.chinapress.com.my/20200709/%e2%97%a4%e5%a4%8d%e7%ae%a1%e4%bb%a4sop%e2%97%a2-%e5%ae%97%e4%b9%a1%e9%9d%92%e5%9f%ba%e9%87%91%e8%b5%a0%e5%8d%8e%e5%b0%8f%e6%b5%8b%e6%b8%a9%e7%b3%bb%e7%bb%9f-%e6%9e%97%e6%8c%af%e8%be%89%ef%bc%9a/

end of may?? chances close to 0.. even sam himself don't dare to give any timeframe...hahaha